The difference between stupidity and genius is that genius has its limits
Albert Einstein
Lots of people want to ride with you in the limo, but what you want is someone who will take the bus with you when the limo breaks down.
Oprah Winfrey
Asia Scaling Up Master Class – Next Week April 6 - 8
Set for morning Singapore time next week (90-minutes Tuesday for CEOs only, 3 hours Wed and Thursday for teams), a way for you to jumpstart implementation of Scaling Up (Rockefeller Habits 2.0).And if already implementing the tools, but have new people that need trained? It’s a powerful refresher – with new content around pricing, organization structures, strategy, and the gamification of the business. Time to be ambitious and have the tools to go big! Register here.
Go Big Now
Julia Pimsleur's new book Go Big Now teaches 8 essential mindset practices used by entrepreneurs, leaders and high achievers to reach their goals. Mindset is so fundamental, and as Margaret Heffernan suggested, it’s time to be ambitious – Go Big Now! Grab your copy at juliapimsleur.com/gobignow. I’m the cover endorsement and on Julia’s board for Million Dollar Women. Purchase a copy and give it to your children, your team, and anyone that needs to think bigger – a modern version of the first book my dad ever gave me – The Magic of Thinking Big.
Daily/Weekly Meetings 10x ROI
The daily and weekly meeting rhythms are generally well established and effective with the clients we coach – and the benefits are 10x (every minute in a daily, if done correctly, returns 10 minutes of time – so a 10-minute daily returns over an hour and half to your day!). However, in chatting with our coaching partners, the 4 to 8-hour monthly meeting is often missing, as detailed in Scaling Up (Rockefeller Habits 2.0).
Looking for Examples – Monthly Meeting
Are you using a broader monthly management meeting to connect more cross-functionally and address a critical topic/constraint more deeply? Hosting training and development monthly? We’re looking for companies we can interview and feature in an article on the monthly – email me: [email protected]
Monthly Meeting – Why it’s Critical
P. 187 in Scaling Up details why this monthly leadership meeting is important. In short, there are a dozen significant opportunities/constraints/challenges each year that are only going to be resolved when you get the broader leadership team (senior and frontline leaders – the sergeants!) in a room/zoom for several hours and figure out how to resolve. And in the process of debating, discussing, and deciding – there will be a lot of learning going on – cross-functionally, especially. It was Gene Kirila who first showed me the power of this meeting.
One Thursday Evening Each Month
Gene holds the distinction of being the youngest designated “Hero of Manufacturing” in the US by Fortune magazine – he transformed four industries, including how boat hulls are manufactured. I was coaching Gene at the time and remember participating, for the first time, in one of his monthly gatherings. At 4pm on a Thursday, the broader leadership team of 20 would travel over to Gene’s lake retreat, just miles from his factory in Sharon, Pennsylvania. For hours, sometimes lasting late into the evening, they would debate, discuss, and decide usually one big opportunity/challenge that was facing the company. And I watched as Gene used this meeting to “pass along his knowledge and reinforce the DNA” of the company – lots of teachable moments for everyone.
Work ON the Business
All the leaders in that monthly meeting were salaried, so it was expected by Gene that they would give up one evening/month to work ON the business. In fact, everyone looked forward to the gathering -- there was plenty of fun and connecting as they would share dinner together, in addition to the formal problem-solving sessions. Again, please go to page 187 in Scaling Up and read how Asiana Housing used their first monthly (70 leaders) to find a way to triple sales. And please email me if you host a monthly meeting similar to what I describe – [email protected]
Canada (and other countries) Needs to Prioritize Scaleups
This Financial Post article, citing multiple studies around the globe, reaffirms that scaleups generate the majority of new jobs and innovation – and specifically urges Canada to support existing scaleups vs. trying to identify potential scaleups. Access to late-stage growth capital is a key barrier – though we find that our Cash tools help alleviate this need, finding that many firms can internally fund their growth via better pricing and customer funding. Thank you to Halifax-based Scaling Up Certified coach James Drage for sharing this important article.
Scaling Up’s Canadian Gov’t Contract
Scaling Up won a pilot contract with the gov’t of Canada to support scaleups. This came about because those Canadian gov’t officials working with scaleups in the crisis noticed that those practicing our tools for thriving vs. the other scaleups – something we’ve seen globally. Scaling Up Certified coach Andy Buyting is leading our efforts to fulfill this contract. Stay tuned.
Daily Minute – 60 Seconds of Insight
Again, I love quotes, like the one’s above – lots of wisdom in a few words. Here’s a link to this week’s “Daily Minute” to take you into the weekend – share generously and subscribe – they give my day a boost!
Scaling Up+ Free Virtual Summit - April 22 - Alan Mulally + More...
Join top Scaling Up partners from around the globe for our second Scaling Up+ Summit of the year, April 22, 2:44pm-4:22pm ET. Speakers include Alan Mulally (former CEO of The Ford Motor Company), Justin Roff-Marsh (founder of Ballistix and author of The Machine), Julia Galef (co-founder of Center for Applied Rationality and author of The Scout Mindset), and Josh Linkner (NYT Bestselling Author and innovation expert). Register for free and learn more.
Order a box of 20 Scaling Up books
Want to save 50% over the price on Amazon? Go to this link.
EDUCATION:
We’re still in business coaching and training firms:
San Antonio, TX - April 7, 2021
Wellington, NZ - April 9, 2021
Ann Arbor, MI / Indianapolis, IN - April 15, 2021 (Virtual)
Gold Coast, Queensland AUS - April 14, 2021
Nashville, TN - April 16, 2021 (Virtual)
Tweed Heads / Byron Bay, AUS - April 22, 2021
Louisville, KY - May 6, 2021 (Virtual)
Cairns, Queensland, AUS - May 11, 2021
Townsville, Queensland, AUS - May 12, 2021
Columbus, OH - May 14, 2021 (Virtual)
Franklin, TN - May 14, 2021 (Virtual)
Lowell, Michigan – May 20, 2021
San Francisco, CA - May 20, 2021 (Virtual)
Amsterdam - June 3, 2021
Sydney, Australia - June 3, 2021
Colorado Springs, CO - June 9, 2021 (Virtual)
Melbourne, VIC, AUS - June 15, 2021 (Virtual)
Lowell, Michigan - Jul 22, 2021
Salisbury, England - July 6, 2021
Dallas, TX - Aug 12, 2021
Sydney, Australia - Aug 25, 2021
Melbourne, VIC, AUS - Sep 7, 2021 (Virtual)
Lancaster, PA - Oct 26, 2021
Sydney, Australia - Oct 27, 2021
Salisbury, England - Nov 18, 2021
Melbourne, VIC, AUS - Nov 23, 2021 (Virtual)
Growth Institute Online Executive Education:
Master of Business Dynamics
Scaling Up Master Business Course
Exponential Organizations Master Business Course
Topgrading Master Business Course
Better Book Club – What's your team reading? Increase your books read per team member. Easy, Proven, and in the Cloud at http://www.BetterBookClub.com.
Write Your Own Book
Whether you want to make it to the bestseller lists or just sell a lot more of your goods or services, with a profound competitive edge over the competition, Book The Business: How to Make BIG Money With Your Book Without Selling a Single Copy is for you! Request your free copy of this ground-breaking book at advantagefamily.com/scalingup.
Did you miss previous insights? - read here
Follow our new Instagram account: @scalingup2.0
COACHING:
Ready to scale but looking for guidance?
Work with a Coach! Scaling a company is hard, but you don’t have to go it alone. Elevate your business with the only end-to-end solution for entrepreneurs that are ready to move past the plateau and get exponential results. Whether you’re in growth mode, planning strategy, raising capital, or navigating a complex economic landscape, Scaling Up's globally recognized coaches leverage effective tools and an evidence-based methodology to empower you to achieve results. Over 70,000 businesses have done it!
Learn more about what it’s like to work with a Scaling Up Certified Coach™ by scheduling a complimentary, personal follow-up. CLICK HERE! Or check out our FAQ’s. Additional questions can be sent to [email protected].
TECHNOLOGY:
ScalingUp Scoreboard
Integrated with Salesforce, Slack, and Zapier (allowing it to connect with 1000s of systems), use Scoreboard to provide your team (working remotely even more important!) a real time visual dashboard of cascading priorities and metrics. Get a personalized tour of Scaling Up Scoreboard to see how you can use it to better implement Scaling Up in your business.
Read Verne's Insights on Kindle http://www.amazon.com/gp/product/B003SX13YI