Companies that care for their people and prioritize their well-being…outperform.
Michael Bush, CEO Great Places to Work
The planet's billionaires offer a window into what's going on in the most important industries in the world.
Chase Peterson-Withorn, Forbes Senior Wealth Editor
Software Profit Streams
There’s a reason this $75 paperback, Software Profit Streams, released this week, has (at the time of this writing) rocketed to the #1 book in three categories on Amazon. The credibility of the authors (Luke Hohmann is a dear friend), the quality of the writing and illustrations, and the importance of the topic – how to price and license software that is sustainable. If that sounds important to you (millions if not tens of millions of dollars) then grab a copy of this book.
10 Health Habits of Richest Person Ever
Living to age 98, this article details 10 health habits of John D. Rockefeller Sr. It’s a very quick read, worth scanning the 10 rituals he followed to maintain a lean 155 lbs. (5’9” height). Chewing food thoroughly and allowing 45 minutes digestion afterwards was one of the 10. He also utilized homeopathy, which the article says has been disproven, but I’m a huge fan, carrying a homeopathy kit with me around the globe. Please take 1 minute to scan for the other 8. How many of the 10 do you practice? Thank you to Steelcase’s Bob Hendriksen for sharing.
Forbes Billionaire List
There are 2640 billionaires on the planet cumulatively worth $12.2 trillion. The top 25 represent $2.1 trillion of that, down a combined $200 billion from last year. Jeff Bezos and Elon Musk took the biggest hits, losing $57 billion and $39 billion respectively. In turn, the new #1 Bernard Arnault, head of luxury goods giant LVMH, gained $53 billion putting him at the top for the first time with a net worth of $211 billion. American’s dominated the top 25 list, taking 17 of the spots, followed by France and India with two spots each. The article is worth reading to see trends. As go the billionaires goes various industries.
Fortune’s 100 Best Companies
Fortune’s list is out this week with Cisco on top for the 3rd year in a row. Hilton came in #2 again with Atlassian (cover endorsement on Scaling Up Revised) coming in #7. Fortune noted that the employee surveys were completed before many of the firms had layoffs – so results might be radically different next year.
Record-Setting Revenue/Employee Increase
Companies on this year’s list saw a 7% year-over-year increase in revenue per employee—productivity growth that dwarfs the averages. Thus, the quote above from Michael Bush. Please read the quote again. And then see how much your revenue/employee and gross margin dollars/employee (or dollar of employee compensation) increased this past year. I’m guessing most of the Fortune 500’s gain was due to price increases.
Two of Top Ten Best Places to Work are Woman Led
Taking a paragraph directly from Fortune’s Broadstreet newsletter (written about and for women leaders):
Ranked fourth is Wegmans Food Markets, led by Colleen Wegman, which has appeared on the list since 1998 because of the company's dedication to employee opportunity and education reimbursement. Accenture, led by CEO Julie Sweet, landed at No. 5 on the list for its new mental health programs and continued apprenticeship opportunities.
Order a box of 20 Scaling Up and Mastering the Rockefeller Habits books
Want to save 50% over the price on Amazon? Get the box of 20 Scaling Up books here and the box of 20 MRH books here for less!
Planning to Exit?
It’s the most critical decision a business owner will make in their lifetime – and over my 40 years of helping firms, I’ve seen owners taken advantage of time and time again – leaving tens of millions on the table. You’re up against sophisticated buyers who have done hundreds of acquisitions – whereas this is often your first rodeo. And these buyers have a formula for ripping you off – and it works. Seeking help, owners find the big M&A firms, especially those specializing in your industry, are more beholden to the buyers than the sellers (they will tell you otherwise). They are not your friend in the process, just another transaction. Email me to get a white paper on what to avoid when exiting [email protected].
SCALING UP WORKSHOPS:
Engage your team with interactive workshops to optimize your company’s performance.
(list of workshops below)
Boulder, CO - April 10, 2023 (Virtual)
Barcelona, Spain – Apr 13, 2023 (Virtual)
Toronto, Canada – Apr 13, 2023 (Virtual)
Auckland, New Zealand – Apr 18, 2023 (In-Person)
Boulder, CO – Apr 20, 2023 (In-Person)
Grand Rapids, MI – Apr 20, 2023 (In-Person)
Nashville, TN – Apr 20, 2023 (Virtual)
Barcelona, Spain – April 27, 2023 (Virtual)
Denver, CO - April 28, 2023 (Virtual)
Dallas, TX – May 3 & 4, 2023 (2 Day) (In-Person)
Brisbane, Australia – May 10, 2023 (In-Person)
Toronto, Canada - May 11, 2023 (Virtual)
Sydney, Australia – May 11 & 12, 2023 (2-Day In-Person)
San Francisco, CA - May 12, 2023 (In-Person)
Amsterdam, The Netherlands – May 16, 2023 (In-Person)
Nashville, TN – May 18, 2023 (In-Person)
Melbourne, Australia - Jun 6, 2023 (In-Person)
Nashville, TN – Jun 8, 2023 (Virtual)
Toronto, Canada – Jun 8, 2023 (Virtual)
Birmingham, UK – Jun 22, 2023 (In-Person)
Toronto, Canada – Jul 6, 2023 (Virtual)
Houston, TX – Jul 11, 2023 (In-Person)
Sydney, Australia – Jul 20, 2023 (In-Person)
Toronto, Canada – Aug 10, 2023 (Virtual)
Melbourne, Australia - Sep 5, 2023 (In-Person)
Grand Rapids, MI – Sep 12, 2023 (In-Person)
Toronto, Canada – Sep 14, 2023 (Virtual)
Brisbane, Australia – Oct 10, 2023 (In-Person)
Toronto, Canada - Oct 12, 2023 (Virtual)
Sydney, Australia – Nov 2, 2023 (In-Person)
Toronto, Canada - Nov 9, 2023 (Virtual)
Grand Rapids, MI – Nov 9, 2023 (In-Person)
Melbourne, Australia - Nov 14, 2023 (In-Person)
Dallas, TX – Dec 6, 2023 (In-Person)
Toronto, Canada - Dec 7, 2023 (Virtual)
COACHING:
Does it feel as if your business has hit a wall? If you don't see a clear path forward, it's a good time to bring in a coach. All of our Scaling Up Certified Coaches™ are masters at guiding you and your leadership team through the implementation of the Scaling Up Performance. Our promise is a custom diagnostic approach from Day 1, including how we match you with a coach. We even have a team member dedicated to helping you find the perfect Scaling Up Certified Coach.™ Schedule a complimentary, personal follow-up. Or check out our FAQs. Additional questions can be sent to [email protected]
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.
Your Brand as Marketing Powerhouse with a Forbes Books Content Partnership
If you want to be “top of mind” with your audience, then you need a strategy to build your authority in your field. Investing in media services with your personal brand can help you grow your audience and distinguish you as a trusted authority because you are educating, not selling. Learn how your brand can work harder for your business with a free brand audit.
TECHNOLOGY:
Scaling Up 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
Have you considered becoming a Certified Scaling Up Coach?
Learn more about what it takes to certify and what being a coach is like. Pop into our Coach Office Hours to talk with our coach certification coordinator and a certified Scaling Up Coach. Learn More & Register for Office Hours here >
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