This week’s Misfit Entrepreneur is Ty Montague. Ty is co:founder and CEO of New York-based co:collective. co: is a growth accelerator that works with leadership teams to develop purpose-led business strategy and to implement that strategy through innovation in the customer experience. Founded in 2010, the co: team has been fortunate to work with everyone from Google to IBM, MetLife, PUMA, Microsoft, Capital One and many more of the Fortune 500.
Ty has been named one of the 50 most influential creative people of the past 20 years by Creativity Magazine, as well as one of the Top Ten Creative Minds in business by Fast Company magazine. He is the author of the best-selling book, True Story: How To Combine Story and Action to Transform Your Business.
And that is where I want to focus with him in this episode – how we can best tell our story and use it to grow our business and ourselves.
Ty was an unlikely entrepreneur and somewhat of a late bloomer. He started out in New Mexico and didn’t really know what he wanted to do with his life. He worked as a raft guide and an auto mechanic before moving to New York where he worked as a bartender.
He met someone across his bar that was in advertising and told him to explore it. He took to it and was good. He ended up working at some of the top firms with a lot of success. About 15 years ago, Ty began to notice the differences between advertising and what companies actually were doing. He also saw a new kind of business, one that had a story and conveyed the story through action and the customer experience than through paid media.
Ty came to call these companies “story-doing” companies rather than “story-telling” companies. As he compiled his list of these companies, he found a new passion for them. This caused him to leave traditional advertising in 2010 and create Co-Collective to help companies define their higher purpose or quest - then help them put their quest to work throughout their business and with customers.
Talk to us about story-telling vs. story-doing…
Take us through what you codified…
At the 13 min mark, Ty gives an example of a company using Tesla that has all the elements of the story and what they are…it’s best to listen.
The protagonist and antagonist are half of the quest, what is the other half?
At the 19 min mark, Ty talks about Apple, it’s quest, and the changes since Steve Jobs’ passing.
At the 22:30 mark, Ty goes through a checklist of questions a company needs to answer about its quest.
How does “story-led innovation” fit into this?
What is something an entrepreneur can do today around story-doing that will make a difference for them?
What other trends are you seeing in business, entrepreneurship, and marketing?
With all you’ve done, what has surprised you most on your entrepreneur journey?
Best Quote: Companies need to figure out their quest. People want to do business with companies that share their values – and companies need to define their values.
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Hello Misfit Nation! Welcome to another edition of "Lessons for Hannah!" In November of 2016, we introduced a new format that we are putting alongside our regular episodes called “Lessons for Hannah.” Hannah is my daughter and one of the main inspirations for the Misfit Entrepreneur. I wanted to have a place where she could go and learn from her daddy and his Misfit friends throughout her life….even after I am gone. If you haven’t listened to the first episode of "Lessons for Hannah," I urge you to as it gives some more background and tells the amazing story of how Hannah came to be in our lives.
"Lessons for Hannah" are short, very useful, and sometimes comical lessons, that I have learned which I want to share with you and give to Hannah to help in your lives. Because I want Hannah to have these for her life, I’m going to speak as though I am talking directly to her. These episodes are a lot of fun and if you think there is a lesson that we should include in these episodes, please don’t hesitate to send it over to us at support@misfitentrepreneur.com. We’d love to share it.
This week’s Lesson for Hannah
Hannah, I want share with you an abbreviated version of a talk I have been doing called “The 5 Principles to Thrive, Succeed, and Live Your Best Life.” It is resonating greatly right now during the pandemic, but the principles are timeless.
I want to start by asking you and anyone listening a question. And that is, “Do you know what chances of being alive are? Let me explain. The chances of you being alive are the same as if 2.5 million people got together, roughly the population of a city the size of Chicago or San Diego, to play a game of dice, each person with a TRILLION sided dice, and they all roll the dice and come up with the exact same number. I’m going to let that sink for a second.
To put it numerically, your chances of being born are 1 in 4 TRILLION.
There is no way around it – you are a miracle it.
I share this for perspective. No matter what your circumstances, no matter who you are, no matter where you are in your life right now, you are a miracle. The fact that you are here means that trillions of others that could have been will never exist. Literally, one step in the wrong direction on a battlefield in history and you don’t exist. One rock in space hits another a different way – and someone else is in your place.
You are one of the greatest miracles ever created. Cherish this fact.
And that brings me to principle #1: Keep Perspective.
You must keep perspective in your life. No matter what is happening, good or bad, right or wrong – you will do well to keep yourself grounded and maintain perspective.
Having good perspective will not only help you to think better and make better decisions, but it will also give you the ability to find happiness at any point in your life.
There are always things to be grateful for and to live for and into our lives…Now, that doesn’t mean we don’t have tough times in our lives. We all do. Right now, the whole world is turned upside and will be potentially changed forever creating some challenging time.
But when these times come, it is very important for all us to control what can be controlled and let the rest go.
Above all else, there is one thing we can control that makes the most difference in our lives – and that is our mindset and our conditioning. You see. we have two minds. We have a conscious mind that we are “aware” of… It is the mind that you use when you “think” to do something. But, we have another much more powerful mind…the subconscious mind. This is the part of your brain the runs you without you even knowing. Think about it – how much do you “think” to throw a ball, drive a car, brush your teeth. You don’t – you just do it.
The subconscious is the most powerful part of our mind and the conditioning it has received determines much of our thinking, decisions, and how we operate in life. Have you ever asked yourself or wondered, “Where do my thoughts come from?” or ever made a decision where you said afterward, “Why did I do that?”
You did it because it was the automatic response your subconscious was conditioned to….As powerful as it is, it is actually not that smart in that it doesn’t decide if the conditioning it has received is truly the best thing for you or not. It just follows the programming.
This is why a person’s mind can actually be their biggest obstacle to success – because whatever your subconscious is programmed to is where you end up.
The key is to understand this and use this awareness to stop debilitating conditioning and reprogram your mind with the way you want to think and the thoughts you want to have.
And that is Principle #2: Learn to control your mindset and conditioning.
Principle #3 is short and quick. You must balance faith and optimism. The best example of this is a story I’ve shared before about Vice Admiral James Stockdale, who was a PO in Vietnam for about 7 years. I urge you to go read his story and his interview by Jim Collins. Essentially, the biggest lesson he shared is “You must never confuse faith that you will prevail in the end—which you can never afford to lose-- with the discipline to confront the most brutal facts of your current reality, whatever they might be.”
You must always balance faith and optimism and come to grips with reality. If you develop the ability to do this, you can make it through anything. Remember, as I started with, you are a miracle and you are here because you were destined to be here. Things are happening as they are supposed to. And you get to choose how you respond and react to them.
And that brings me to Principle #4, which you taught me, Hannah. Our journey to become a family is filled with twists, turns, and miracles. You can go listen to the first Lessons for Hannah for the full story. But it came down to just a few things. One small choice, one tiny checkbox made the difference for us to find you. The adoption agency, at the time only worked with only 1 orphanage directly in all of China And no one in the world new about you but us because of checking that one box and the agency working with that one orphanage. Third, you were mis-diagnosed and should have been considered a “healthy child,” which means we would never have had know about you as it was a different program.
And here is what I learned from our journey. Everything that happened to the point where we became a family, had to happen exactly as it did – Good and Bad. And it taught me to have no regrets.
Aside from the chances of you being alive, everything that had to happen to get you to this point right now where I am speaking to you and you are getting this message had to happen exactly as it did.
I don’t know about you, but I wouldn’t change any of it. Oh, that doesn’t mean I don’t learn from it and given the chance to do things again, wouldn’t apply what I’ve learned. I just don’t regret it.
And that brings me to principle #4 which is really a couple of principles in one, but they fit together.
Everything is a choice. Choose wisely. Do not let yourself be saddled by regret from your choices. Learn from them and become better…
When you do that. When you combine everything I’ve shared in this episode.
When you put all this to work for yourself, you will find yourself practicing Principle #5.
You will become the best version of yourself – a constant work in progress no doubt, but a light to those around you and someone they can count on to guide the way and prevail no matter what happens
You will be able to give to this world and those around in ways you never dreamed of and make a much bigger impact that you ever thought was possible. You will be able to thrive, succeed, and live your best life.
Principle #5 is be the light you were meant to be in this world. You have so much more in you than you know. Live into it.
I’ll leave you with this quote from the great Jim Rohn:
“The big challenge is to become all that you have the possibility of becoming. You cannot believe what it does to the human spirit to maximize your human potential and stretch yourself to the limit.”
Hannah, and anyone listening I challenge you to use these 5 principles to maximize your potential and stretch yourself to the limit.
I love you,
Daddy
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This week’s Misfit Entrepreneur is Alex Kuhn. Alex is the founder of Born to Lead – a company that helps business leaders grow & lead 6,7,8...even 10 figure businesses.
Their key is helping these leaders discover their SuccessDNA and learning how to build the business model around the leaders unique, innate leadership style & talent.
Alex started his entrepreneur journey as one of the top collegiate swim coaches, turning around 2 programs before the age of 28. This helped lay the foundation for his work and Born to Lead. He went on to create and sell two other companies in the health and digital space, but his passion for helping leaders tap into their best selves is what really fuels him.
And it hasn’t gone un-noticed, Alex has been featured in Entrepreneur, Forbes, and a number of other outlets for his paradigm shifting leadership that has helped more than 200 clients at least double their business growth – and that is one of the main things I want him to share with you in this episode, how he does it.
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Alex has always had a great relationship with his father, and they love to challenge each other. When Alex was 9 years old, his father told Alex he was a “follower” to push him. Becoming a leader became part of his DNA. At the age of 12, he left home to go train with the greatest athletes in the world in swimming – people like Michael Phelps and others.
He never made it to the Olympics and ended his career at age 22. Instead of taking the Fortune 500 job he was offered, he decided to take a swim coach job making essentially nothing at a tiny all girls school in Iowa. After a couple years, he got his first head coaching job becoming one of the youngest college head coaches in the space and turned the team around. He got awarded coach of the year for it.
He moved up the ranks and took his next job in California. After 7 years, he was in a position to take over a top tier collegiate swim program, but he decided not to. The entrepreneur bug had been in the back of his mind for a long time and he could not ignore it any longer. So, her retired from coaching and start his entrepreneur journey.
After a few years, he was still broke and not reaching success. He had a defining moment where he asked the question, “What was it that had made him so successful in swimming and coaching that he had not translated to entrepreneurship.” The answer set him on a path to the success he has now.
What was the answer to the question you asked that set you on your path to success?
How does someone break the mold and tap into this for themselves? How do they find their innate leadership style?
SuccessDNA has 4 architypes:
How does an entrepreneur use their strength to the favor once they know it?
At the 17 min mark, Alex gives some examples of this.
“If a fish came up to you and ask you if it could fly. You would not tell them it is a hustle or mindset problem. You would tell them they were meant to swim not to fly. You must focus on what you were meant to do, your innate ability.”
What makes a great leader? What do they need to have to be successful?
What is the process you take clients through that helps them more than double the size of their business?
At the 30 min mark, Alex gives example of how to leverage and create leverageable businesses
Are there any principles that you used to turn around swim programs that are transferrable to entrepreneurship?
Best Quote: If a fish came up to you and ask you if it could fly. You would not tell them it is a hustle or mindset problem. You would tell them they were meant to swim not to fly. You must focus on what you were meant to do, your innate ability.
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This week’s Misfit Entrepreneur is Kevin England. Kevin is the founder and CEO of Vonazon, a highly sought after full-service digital sales, marketing, and media agency that helps businesses expand their reach and impact through well-thought-out and holistic strategic initiatives.
But more than that, Kevin is a top-rated speaker and consummate entrepreneur having started his first technology company when he was 19, which he built into a massive organization and ultimately sold to Gateway computer. At that point, he could have easily retired, but instead he got into whole different businesses leading him to Vonazon.
And that is really what I want to explore with Kevin in this episode, aside from all his insight into entrepreneurship, I want to discuss what it is that keeps successful entrepreneurs going after they’ve essentially “made it.” What is this force that brings us back to the well?
Kevin started at 13. His dad gave him his first computer and told him to figure it out. So, he taught himself how to write code. He started out by writing games. His data realized he had a knack for it and got him involved with some of his business colleagues. Through high school, Kevin wrote programs for businesses and developed applications.
He grew up in surf town and was basically a surfer who could program. Programming brought him into his first business at 19. His goal was to help small-mid sized business grow and implementing technology. The business grew and Kevin became the biggest value-added reseller for Gateway Computer to a point where if Gateway sold a computer in California, one of Kevin’s employees touched it.
Kevin ultimately sold the company to Gateway to help them build out the service side of Gateway and his team were the people in Gateway stores across the nation helping clients.
After cashing out and basically being able to retire, you got back into the game in a difference business, why?
How do you see entrepreneurship?
Talk to us about your philosophies of leading people and building a great business?
Move your feet and figure it out…explain that.
Sports is a great metaphor for life, business, etc., are there any other lessons you’ve taken from sports to help your success?
Talk to us about pushing someone limits…
What is your best advice for an entrepreneur just starting out?
How do you overcome fear?
Any other thoughts?
Understand that as an entrepreneur, you will work a lot, but you cannot sacrifice your loved ones and family.
You must create your family time and commitment to spending the time daily with them.
Your loved ones matter more than anything else.
Best Quote: Always be prepared. Prior Preparation Prevents Piss Poor Performance
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This week’s Misfit Entrepreneur is Michelle Reines. Michelle is the founder of the Badass Leader brand and best-selling book, From Bad to Badass leader. Michelle worked extensively in the corporate world for years racking up accolades, awards, and being featured throughout top publications.
But something was missing. She was making multiple 6-figures per year and crushing it in business, but she wasn’t fulfilled. So, Badass Leader was born. It came out of a desire to create a cool, approachable, edgy, humorous, more relatable leadership development resource for every day front line leaders, middle managers, executive entrepreneurs, and the up and coming generation of leaders.
Michelle put her money where her mouth was. She quit her job, went from making several hundred thousand dollars a year to making $25k a year and creating Badass Leadership. And nowadays, Michelle and Badass Leadership are one of the most sought after leadership training groups in the business. So, I asked her to come the show and teach you how to be a Badass Leader.
Michelle’s exodus from corporate America stemmed from a tragedy. At 49 years old, her mom passed away. It was a shock. Her mother had a sudden heart attack while she slept with no red flags, being healthy, etc. When Michelle turned 47, she got to thinking – what if I only have 2 years left? She had discovered that she had some of the same risk factors as her mother.
She embraced the mindset of living like you were dying. She stepped away from corporate America in 2011 to fulfill a dream to help leaders. She had struggled learning how to lead and learning to be effective as leader before figuring it out and having get success and knew she could help others succeed faster and easier.
In her first year, she made just under $25k and was absolutely thrilled and knew she had something. She succeeded wildly over the next couple years and then decided to take it to a new level with the Badass Leader brand. She started Badass to bridge a training gap that existed and provide and easier to understand and implement leadership structure for success.
What was the hardest part of transitioning from employee to entrepreneur and what advice would you give others looking to do that same?
What is a Badass Leader?
What is the difference between being in a position of leadership and being an actual leader?
Tell us about the 12 principles. Can we go through each one of them and why it matters and how we can institute them?
Anything else to share?
Best Quote: "If it is to be, it is up to me..."
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This week’s Misfit Entrepreneur is Michelle Reines. Michelle is the founder of the Badass Leader brand and best-selling book, From Bad to Badass leader. Michelle worked extensively in the corporate world for years racking up accolades, awards, and being featured throughout top publications.
But something was missing. She was making multiple 6-figures per year and crushing it in business, but she wasn’t fulfilled. So, Badass Leader was born. It came out of a desire to create a cool, approachable, edgy, humorous, more relatable leadership development resource for every day front line leaders, middle managers, executive entrepreneurs, and the up and coming generation of leaders.
Michelle put her money where her mouth was. She quit her job, went from making several hundred thousand dollars a year to making $25k a year and creating Badass Leadership. And nowadays, Michelle and Badass Leadership are one of the most sought after leadership training groups in the business. So, I asked her to come the show and teach you how to be a Badass Leader.
Michelle’s exodus from corporate America stemmed from a tragedy. At 49 years old, her mom passed away. It was a shock. Her mother had a sudden heart attack while she slept with no red flags, being healthy, etc. When Michelle turned 47, she got to thinking – what if I only have 2 years left? She had discovered that she had some of the same risk factors as her mother.
She embraced the mindset of living like you were dying. She stepped away from corporate America in 2011 to fulfill a dream to help leaders. She had struggled learning how to lead and learning to be effective as leader before figuring it out and having get success and knew she could help others succeed faster and easier.
In her first year, she made just under $25k and was absolutely thrilled and knew she had something. She succeeded wildly over the next couple years and then decided to take it to a new level with the Badass Leader brand. She started Badass to bridge a training gap that existed and provide and easier to understand and implement leadership structure for success.
What was the hardest part of transitioning from employee to entrepreneur and what advice would you give others looking to do that same?
What is a Badass Leader?
What is the difference between being in a position of leadership and being an actual leader?
Tell us about the 12 principles. Can we go through each one of them and why it matters and how we can institute them?
Anything else to share?
Best Quote: "If it is to be, it is up to me..."
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This week’s Misfit Entrepreneur is Jim Stoval. Jim is an icon. He’s shared the stage with everyone from Zig Ziglar to Tony Robbins. He’s the bestselling author of 30 books including The Ultimate Gift, The Ultimate Life and The Lamp which have been made into major motion pictures.
Jim has been a national champion Olympic weightlifter, the President of the Emmy Award-winning Narrative Television Network, and a highly sought after author and platform speaker. Steve Forbes said “Jim Stovall is one of the most extraordinary men of our era.”
You see, Jim is blind and he has shown through his life and work that no matter who you are or your situation, you can accomplish anything. In fact, for his work in making television accessible to our nation’s 13 million blind and visually impaired people, The President’s Committee on Equal Opportunity selected Jim Stovall as the Entrepreneur of the Year. He was also chosen as the International Humanitarian of the Year, joining Jimmy Carter, Nancy Reagan, and Mother Teresa as recipients of this honor.
It's truly an honor to have him on and I can’t wait to have him share his wisdom with you in this episode.
Jim was born and raised in Tulsa, Oklahoma and still makes it his home. His businesses stretch across the world. He grew up with one ambition – to be an All-American football player and play in the NFL. He had the size and speed to do it and was heavily recruited and scouted. As such, he never cared about school or anything. He didn’t have a plan B.
Then one year, during a routine physical, he was diagnosed with a condition that would cause him to lose his sight. His dream to play in the NFL died and he was confronted with this massive problem that was a blessing in disguise.
Of all that you’ve done and learned on your journey, what have you found that truly matters?
How does someone go about finding their gift or confirming they have found it?
How do you see money?
At the 16 min mark, Jim talks about losing his sight and about changing your life by changing your mind…
What have you learned about how to develop and winning and succeeding mindset?
What have you learned from your relationship with Steve Forbes?
You’ve written 40 books, is there a favorite? If so why?
What is Ultimate Productivity?
Jim and I continue a discussion on this and it’s best to listen at around the 32 min mark.
What would be your advice a young entrepreneur to succeed, not just in the beginning, but into the future?
Best Quote: You don’t “make money.” You “earn it.” And you earn money by creating value. The more value you create, the more you earn.
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Hello Misfit Nation! Welcome to another edition of "Lessons for Hannah!" In November of 2016, we introduced a new format that we are putting alongside our regular episodes called “Lessons for Hannah.” Hannah is my daughter and one of the main inspirations for the Misfit Entrepreneur. I wanted to have a place where she could go and learn from her daddy and his Misfit friends throughout her life….even after I am gone. If you haven’t listened to the first episode of "Lessons for Hannah," I urge you to as it gives some more background and tells the amazing story of how Hannah came to be in our lives.
"Lessons for Hannah" are short, very useful, and sometimes comical lessons, that I have learned which I want to share with you and give to Hannah to help in your lives. Because I want Hannah to have these for her life, I’m going to speak as though I am talking directly to her. These episodes are a lot of fun and if you think there is a lesson that we should include in these episodes, please don’t hesitate to send it over to us at support@misfitentrepreneur.com. We’d love to share it.
This week’s Lesson for Hannah
Hannah,
I want to talk to you about what makes a great friendship. We live in a time in which true friendships are rare. It’s seems that in the age of social media, you can be friends with someone one minute and then it disappears the next with one tweet, post, or view that is not the same. Things like social media and the instant world have made people more tribal and kept them from growing beyond a certain way of thinking or viewpoint and stifled being open and tolerant of others views. And in this world, true friendships become more and more rare.
You see, to have and build a true, life lasting friendship it takes work, commitment, a willingness to set aside each other’s faults and things you disagree with, and love. When I say love, I am not talking about romantic love, but a love and caring for your fellow man. An understand that everyone is different and won’t believe the same things – and that is OK. In fact, that is what makes life and friendship great. It saddens me that people don’t realize that they probably agree on 80% of more of things with others but let 1 or 2 differences keep them from having a friendship.
A great friendship has several elements at its core, and I want to go through them.
First, a great friendship has a deep commitment. A commitment to one another that you will care. A commitment that you can count on each other when in need. And a deep commitment to look out for each other and help each other – especially in the darkest times.
Second, a great friendship is built on trust. Trust that the other person will be honest and be there. Trust that you will not betray one another. And trust that, even in disagreement, the friendship will stand.
Third, a great friendship takes effort. In our world, it is very easy to neglect the effort part of friendship. In order to maintain a lasting friendship, you must make an effort to stay in touch, communicate regularly, and be there. I’m not talking about sending an email or a message through a social platform. I’m talking about taking time to get on the phone and have a great conversation. Scheduling time together, even if it is just a coffee. And showing genuine interest and care for the relationship, nurturing it over time.
And sometimes, it takes more effort from one side than the other. Sometimes, to be a great friend, you have to put in more of the work and effort to keep the friendship going. Sometimes, you have to speak hard truth and even act to help each other against what one may want. Think about someone who is an addict, whose true friends and family pull out all the stops to help them – even when they don’t think they need help.
True friends are always revealed in the darkest times. They will be there when you need them most. And in today’s world, as polarized as it is, true friends will remain friends even when they don’t disagree on things or have opposing views – because they know they AGREE on a hell of a lot more than they disagree on. They are not fickle.
For example, a true friend will not disown you for something like supporting a political candidate that they don’t. As we are in an election season, it’s amazing to see this happening all over the place and on places like social media – where people have been “friends” for years, but just because they disagree on a candidate, they are now sworn enemies. They were never friends to begin with.
Hannah, you will have friends come and go throughout your life, but there will be a few truly lasting friendships that you will find along the way. Cherish them. Commit to them. Trust in them. Put effort into them. These relationships are what make life so wonderful and exciting. Remember, in the end, all the money, possessions, and accolades mean nothing if you do not have those you truly love to enjoy and celebrate them with. Here’s to true, long-lasting friendships!
I love you,
Daddy
Best Quote: To have and build a true, life lasting friendship it takes work, commitment, a willingness to set aside each other’s faults and things you disagree with, and love.
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This week’s Misfit Entrepreneur is Jeff Dudan. Where to start with Jeff? Jeff is the founder of a massive franchise, Advantaclean which he started in 1994, built it to over 240 locations in 37 states and exited just last year. He then went on to start Dudan Partners, a company that partners with clients to help them start new franchise businesses, grow existing ones, and invest in potential opportunities.
He is also a former D1 college football player, was featured on CBS’s Undercover Boss, a Forbes Contributor, speaker, consultant, and tireless advocate and supporter of St. Jude Children’s Research Hospital.
And if that wasn’t enough, he went out and wrote a best-seller called Discernment, The Business Athlete’s Regimen for A Great Life Through Better Decisions and this is the major area I want to focus with him today – how our daily decisions as entrepreneurs make such an impact on us, not only now, but for our future. So, let’s jump in.
Jeff has always been a Misfit. He grew up in Chicago and was a great athlete. He originally was basketball star, but found football and loved it. He walked on at University of Northern Iowa, but was a terrible student and after 1 year, could not make the grades. He went to a Junior College, got his grades up and went to play ball at Appalachian State. When he got there, he realized that he was interested in learning and there was a path for him. He started a painting business painting student housing to pay for college and by the time he graduated, it was doing so well, he didn’t need a job. Then, in 1992, a friend from south Florida called and asked if he would come down and work with a restoration company to help get things rebuilt.
He originally thought it would be 3 weeks, but it ended up being 3 years. He cut his teeth in the restoration business and ended partnered with a few others to create the business that would become Advantaclean in 1994. Over the next 10 years, they built out the business with locations across the south. Along the way, Jeff bought his partners. It was in 2005 that he was coming back from being on the road for Hurricane Katrina and drove through the night to make it to his son’s football game and had a realization that he could not continue being away and doing things like he was.
He realized that “Our true values are what we tolerate and must have.” He knew that building this business further would require him to be constantly on the road, so he decided to franchise. In 2005-2008, he sold all of the locations he currently owned as franchises and then in 2009, they launched to market and built it to over 200 locations in 37 states. Then in 2018, he sold the business in its entirety.
What are your values now in business and life?
Define Discernment and explain why it is so important to understand…
Is there a process for how to make good decisions that consistently work?
At the 18 min mark, Jeff talks discusses how he learned to understand the power of his mind and how to shape his thoughts.
How do we know we are making a good decision and are on the right track?
Any daily habits people can practice to make the best decisions?
What is advice your can give a 1st time franchise to help them be successful?
Advice for someone thinking about franchising their business?
Do your homework.
What are the most important things you learned in your sports career that translated well to entrepreneurship?
Anything else to share?
Best Quote: Discernment is a principled, effective, experience informed process for making decisions...
Jeff's Misfit 3:
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5 Minute Journal:
www.MisfitEntrepreneur.com/Journal
This week’s Misfit Entrepreneur is Bill Flynn. Bill has over 30 years of experience working for and advising hundreds of companies, especially startups. After working for ten different high-tech startups in different market segments such as speech recognition, e-commerce, and affiliate marketing where he was a VP of Sales eight times, twice a CMO and once a GM of a division of a $100MM IT services company, he pivoted to becoming a business growth coach. He had five successful outcomes, two IPOs, and seven acquisitions, including a turnaround during the 2008 financial crisis.
Bill is the author of Further Faster, The Vital Few Steps That Take the Guesswork out of Growth. And he embodies them, everywhere he’s gone, he has been the key ingredient in the growth of the business. It’s probably, because he says, “Most business do just about everything wrong.” They do decision making wrong, hiring wrong, teams wrong, strategy wrong, and so on. In fact, a lot of it boils down to how we read and interpret people, which Bill has a gift for.
So, I brought him on the show to share his wisdom and lessons with you to help you in your life and business.
www.CatalystGrowthAdvisors.com
Bill started out in high tech through some family connections and spent a lot of time in startups, including the company who created Siri. He did 10 startups over 5 years including two that went public at well over a billion valuation. He was 5 for 10 in startups through the mid 2000’s and then got into coaching because he was forced to turn a failing company he was involved in around. He had to learn to lead and coach others to be leaders and succeed.
He put together his own system of running the business that worked well and became basis for him to coach other business owners on how to build a business. He really fell in love with helping business owners “figure it out” by working with leadership teams and take the guesswork out of growth.
What is neuro-leadership and why it is important?
At the 10:30 mark, Bill talks about using this for sales and how the brain makes buying decisions – and how knowing this made him the top sales person and create top sales teams wherever he’s gone.
What are some of the basics people need to know and understand to start practicing neuroleadership?
At the 13 min mark, Bill gives a good example of reward vs. threat in the workplace and how it can impact people and leaders.
The model Bill uses is SCARF.
Bill’s best tip for sales success:
Thoughts on building a sales team/organization?
Further Faster, Vital Steps to Growth…what should we know?
What is one thing every entrepreneur should do every day to help their success?
“A plan is about doing, a strategy is about thinking,” what do you mean by that?
Final thoughts?
If you are entrepreneur and struggling, it’s not your fault. We’ve never been taught to do this.
Running a company is a unique thing that you have to get better at by learning and growing over time.
Learn the science behind building a great company.
Best Quote: Few things matter in business or life, but those that do, matter tremendously...
Bill's Misfit 3:
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