Although no one can go back and make a brand-new start, anyone can start from now and make a brand-new ending.
Carl Bard
Don't be afraid to give up the good to go for the great.
John D. Rockefeller
The value of an idea lies in the using of it.
Thomas Edison
CEO’s Weekly Message to Team
One of the key routines we advise CEOs to adopt at our CEO Boot Camps and workshops is to send a weekly update to all employees. Greg Brenneman’s was a weekly voice mail message to all employees when he was President of Continental Airlines; Michael Dell’s is a weekly email; Mark Zuckerberg’s is a “Q&A with Mark” every Thursday at 5pm. And mine is a Friday email to our 200+ coaching partners. Your broader team wants to know what you’re thinking, working on, updates on initiatives, etc.
Kyle Gerstner’s Weekly Message
CEO of Tripod Ventures (Restaurants, Real Estate, Development), Kyle Gerstner and his #2 participated in our CEO Boot Camp in Estes Park, CO last week. While there (taking into account Edison’s quote above) he took action and shot this 55-second video which he sent to all his team members across their various locations. I was impressed by his willingness to be vulnerable with his team and “lead by example” re: the importance of training and development. Please take a minute to watch. BTW, his BHAG is to “level up” (a term he mentions in the video) 13,000 associates over the next decade which scales his firm to $500 million. He knows he’ll succeed!
The “Moneyball Stat”
One of many concepts we explore at the CEO Boot Camp is your company’s “Moneyball Stat.” What is the one super-KPI that gives you real insight into the business and is predictive? This Chief Executive magazine article details several:
- Upgrade (mobile banking) – 10-day delinquency rate vs. the standard 30 and 90 day
- Polaris (snowmobiles, boats, ATVs, etc.) – an on-time supplier KPI, given supply chain challenges
- Myplanet (customer experience software) – tech deployments vs. competition – they found a clever way to get the competitive data!
- …and more in the article
3 Spots Left – CEO Boot Camp Lake Tahoe Sept 28 – Oct 1
Hoping the fires are extinguished by then, our next CEO Boot Camp is the end of September. We have three of 8 spots left for a CEO and their #2 -- who we refer to as the Strategist and Orchestrator. Apply at www.ceo-bootcamp.com
A-Potential Candidates – Look to Hire
As the labor market continues to tighten up it’s worth considering what Scaling Up Certified coach Rick Crossland calls A-Potential Candidates in addition to A-Players. Notes Rick in this blog post:
A-Potential candidates are defined as candidates who are either the next level down in title or from an industry that you view as perhaps having less sophistication or prestige than your own. These rising stars have excellent results at their pay grades, and with a little bit of development from a formalized onboarding plan, they can provide you exceptional value.
Please take 2-minutes to scan Rick’s informative article (it starts a little slow) on 5 steps to find and recruit great people – and more on A-Potential players.
How to Win the Lottery
Rabbi Stephen Baars, a former comedian and regular speaker at our Summits, produced a clever 8-minute video on what it takes to win the lottery! Always great wisdom in his analogies – and a reminder to believe you will succeed (Carl Bard’s quote above hints at the same). And I like his alter ego look in the baseball cap.
Weekend Countdown – 1-Minute of Wisdom
Enjoy this kickoff to your weekend – some bits of wisdom from a fresh set of wise teachers, updated each weekend.
https://vimeo.com/showcase/weekendcountdown
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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.
EDUCATION:
Growth Institute Online Executive Education:
Master of Business Dynamics
Scaling Up Master Business Course
Exponential Organizations Master Business Course
Topgrading Master Business Course
We’re still in business coaching and training firms:
Phoenix, AZ - Aug 26, 2021 (In-Person)
Melbourne, VIC, AUS - Sep 7, 2021 (Virtual)
Amsterdam, NL - Sep 9, 2021 (In-Person)
Brisbane, Australia - Sep 22, 2021 (In-Person)
Lowell, Michigan - Sep 22, 2021
Vancouver, BC - Oct 13, 2021 (Virtual)
London, England - Oct 14, 2021 (In-Person)
Lancaster, PA - Oct 26, 2021
Vancouver, BC - Oct 27, 2021
West Chester, PA - Oct 27, 2021 (In-Person)
Lowell, Michigan - Nov 4, 2021
Sydney, Australia - Nov 17, 2021 (In-Person)
Salisbury, England - Nov 18, 2021
Melbourne, VIC, AUS - Nov 23, 2021 (Virtual)
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.
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].
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