Transcript
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The path of the growth warriors,
all about the internal spiritual quest that being
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an entrepreneur puts us on. We're
back for another episode of the CEO Series
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on the BB growth show. I'm
your host, John Bella's are editor of
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the CEO Playbook and online publication full
of stories from real CEOS and practical sage
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advice for founders and CEOS of high
growth companies. Today we'll be talking about
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mastering yourself being a growth warrior.
Throughout the series we discuss how the role
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of the CEO is not a destination, but it's a journey, and that
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journey can be a solitary one.
But an unknown secret is that much of
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the journey is really about your growth
personally and professionally. is about learning how
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you deal with stress, tests crises. You're constantly at war with yourself,
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mastering that growth one day at a
time. But this episode I'm joined by
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a close friend and special guests,
promise Philan. She has been through the
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CEO Journey several times and often says
to be a CEO and an entrepreneur you
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have to be a growth warrior fighting
for your own professional and personal growth.
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After spending more to the decade as
a Silicon Valley entrepreneur and raising millions for
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companies in the technology and SASS industries, promise founded growth warrior capital to work
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with underdog entrepreneurs to gain funding,
transform markets and create profitable opportunities, while
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providing the sources and tools for them
to accelerate their businesses. Prior to the
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growth warrior, promise held positions as
CEO of TAP influence, cro of jazz
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hr and founder and CEO of up
Mo and the Felon Group. Promise has
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spoken previously at large scale events,
including south by southwest inbounds Saster, and
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she's a regular contributor to Forbes and
fortune. This episode is more of a
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fireside chat where we discuss her new
book, the way of the growth warrior,
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seven nonnegotiable skills to scale your business
and uncertain times. We talked about
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serial entrepreneurship, what it means to
be an underdog, how to be a
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growth warrior. We talked about how
to lead during a crisis, and we
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use her own experiences to tell the
story and we talked about one thing that
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we're both passionate about, and that's
anti fragility. This is also the first
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in a series of episodes, you
hear, that were recorded during the coronavirus
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pandemic. Believe it or not,
I recorded this episode in New York City,
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the epicenter of the pandemic, and
a makeshift recording studio in my coke
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closet. Okay, let's get into
it, promise. Welcome to the show.
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Thank you, John, this is
exciting. Thanks for having me today.
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So we're both talking to each other, I imagine, sequestered in our
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homes, shelter in place where you're
in California, so you're by law you
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should be sheltered in place New York, which is the epicenter of the coronavirus.
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If you're listening to this, when
this was recorded, you know,
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the world is fighting a very unique
war pandemic, and we're all trying to
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make heads and tails of it.
So it's great to have you with us.
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Promise, I'd like to chat with
you about, you know what CEOS,
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or dealing with it this time,
your background and a host of other
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topics. I think there's going to
be fun and we've known each other for
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a long time, so I'm sure
we're going to have a great time doing
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this. But for our listeners.
It'd be great if you could just tell
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us a bit about yourself, your
story. You know, everyone says they're
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studio entrepreneurs, but it'd be helpful
to just hear from you what that means
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from your perspective and what that's been
like. So how did you get here?
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What's your story? Wow, how
did I get here? You know,
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I could tell that story chronologically,
which is, of course, extremely
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boring. I guess I'll talk about
it in terms of, you know,
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kind of three three major themes,
career themes. Like like you, you
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know, I became an entrepreneur very, very young, and so I got
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a lot of experience, you know, building my first company in College,
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selling it, going to Grad school
at a really young age, and so
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the kind of consistent theme the earlier
part of my career. What was the
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company? By the way, I'm
always intrigued by people's first it well,
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the first one wasn't. Sexy's the
first company. Share mine. I'll share
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mine too. I want to hear
yours. I mean I I had at
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triple majored in college and my mother
got Lupus when I was in college and
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couldn't afford to pay for college.
Anymore, and so I started how sitting
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and dog I dog ran and John
I ran a dog running service. That
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was a survival and then I realized
it's just basically not scalable and I started
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a company that was a communications firm
that wrote content for physicians and did marketing,
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and then we actually built an automation
tool that would build press releases based
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on data and stuff from the Internet
and I sold that to my largest customer
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like the last year that I was
in college and that funded me actually going
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to Grad School. But I am
I'm really eager to hear what was your
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first wow first in front of you
saying those are boring, those are cool.
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My very first entrepreneural experience was actually
in high school. I always use
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that as sort of like my first
entrepreneurship experience, and my high school was
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one of the few high schools in
the New York City Public School system that
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had a computing program interest and they
had these old mainframe systems and terminals.
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So these micro computers on the desks
and there's a little main mainframe computer in
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the room and you would, you
know, type your program and it would
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get printed on these, you know, mini printers in the mainframe room and
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when the class was over you would
have to store your program on a large
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floppy disc and and they gave you
one for free and it when it when
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it filled up, you had to
sort of fend for yourself to figure out
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where to get it and because they
didn't have a great supply chain, and
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so I started think game like where
do they get these things and and maybe
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I can help solve that problem,
because I looked around and I didn't see,
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you know, a lot of my
classmates from from Brooklyn sourcing floppy discs.
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And so I found this distributor that
sold them and it just so happened
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that they sold all different versions of
them and different sizes, and I convinced
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my brother to go in with me
on buying it. And Wow, you
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know my background. I'm Haitian American, and there's this concept of this savings
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savings account kind of microfinance. People's
you know, all contribute to us what's
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called a Susu, and you know, everybody gives dirty bucks or hundred bucks
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every week or whatever, and then
there's a list and it starts from the
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top of the list and it goes
down to each week, one person gets
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it. So it's like a way
to save. So we entered into one
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of those. I think we'd save
like five hundred bucks or something like that,
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and then I bought a pack of
these things. I think I bought
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a start like three hundred or something
in there, and then I started selling
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them. I think the school the
first disc was like two bucks and I
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started selling them for like five bucks
or something like that, because I actually
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bought you know, I was like, well, yeah, why are we
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paying five bucks? First of all, do you have any other place to
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get them? And No, and
number two, I actually found a distributed
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that made different colors. So it
was red, yellow, green, blue,
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you know, so you can get
like your favorite color. That was
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my first business. You've always been
a marketer. I love it. The
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pricing of package. Well, it's
funny because, yeah, I think about
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you know. So I wrote with
this book because at the stage of my
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life, mere early S, I
got to this point where I was like,
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you know, someone tells you'd ask
you to tell your story, and
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your story is evolving, but you
also want to kind of put a stake
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in the ground and say where have
I been? How did I get here?
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And I've been, you know,
as an Africanamerican woman in tech in
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Silicon Valley. You look back at
your successes, you know, selling my
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company in College, going to Grad
School, getting a mentor Barbara Brittain,
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which got me connected into Silicon Valley, you know, being part of BEA's
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you run up starting a couple companies, having some be very successful, you
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know, one not, and then
going into a stream of like venture back
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turnarounds and sea level positions where you're
raising money. You realize that you're not
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actually stopping to I mean you do
a great job of kind of pausing in
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asking yourself, how did I get
here? But you know, and right
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in the way of the growth warrior. That was a way for me to
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look at it and if I look
at it in retrospect, I think there
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are three things I had. I
got really lucky in relationship. Met You,
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Barbara Brittain, Ivan coon, Bill
Campbell, had all these relationship for
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people were not only mentors, but
they were like, Hey, I'm going
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to give you a chance you actually
don't deserve right now because you know,
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I can see myself in your future. So that's number one. Number two
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is, I think cereal used to
be I've done a lot of things,
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I have a lot of experience,
but I actually think that serial and supreneur
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is someone who is a growth minded
person looking for that next opportunity for growth.
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Right. It's a it's a proclamation. It's not regression. It's not
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looking back and saying, Oh,
these are the serial things I've done,
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I've done these things in the series. It's saying you're going to always expect
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to see me doing something that is
pushing my limits. So that's the second
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and the third is I feel I
feel that I finally have accepted and understand
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my superpower, which is something that
you have to give up the desire and
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the idea of who you thought you
were going to be, you know,
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like this picture you had of yourself. And where I am now and how
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I've gotten here is actually just said, okay, I have superpowers that exists
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in a certain area, areas and
they're highly nuanced, and so I'm going
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to find ways in which I can
use, expose and leverage those for the
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benefit of myself and others. And
so, in terms of how I got
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here, I mean I've done a
lot of what what you've done, you've
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been massively successful. I get to
watch you from the sidelines since here,
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but it's all about relationships. It's
a proclamation for growth. And third it's
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accepting that there are areas in which
I would love to be phenomenal and be
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self expressed, but there are areas
in which I am and I feel great
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about those things. Does that make
sense? It does very much. So
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I mean to be so grounded and
have a clear understanding of your where you've
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come from, your experience and what
you're good at is part of the journey.
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Many people are hoping to get to
that point at some point. They're
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just sort of taking the day by
day right now. So it's very exciting.
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I should have read the book.
Yeah, the night of spoiled too
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much here, but I recommend everyone
read it. Great Story. So I
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have a question I've been asking everyone
on the show. Your first time as
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a CEO, like what you would
call your proper like CEO. Every CEO
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sort of perceived at first time differently
and when they would say the first time
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really was. But when you,
when you were CEO for the first time,
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what would you say that was like? What was that like? HMM,
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yeah, so the first time was
after I met you would bea and
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I went on to start a services
company, which became a tech enabled services
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company, and I realized I can
remember the day. I want to say,
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yeah, I must have been owed
three and you know, we had
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I started this company in a downturn
kind of similar to what we're experiencing right
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now, and I remember someone coming
to me and saying, Hey, you
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know, I want to just talk
to you, and I was running a
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company, maybe they were like ten
or so people, and this person said
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to me, Hey, I wanted
you know that. You know I'm going
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through this adoption process and and I
just appreciate that, you know, you
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gave me that that merit bump,
because it's going to help me and my
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partner get, you know, create
the family of our dreams and our remember
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just being like house in my s
and I was like I did that,
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okay, and then realize as a
CEO, that you are paying mortgages that
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are not your own, you're helping
families form, like people are relying on
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you, and it creates this for
me, this euphoria of like I can
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manifest, but I think it also
created a lot of like Oh, Oh
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shit, like I better have my
act together. People are really bad.
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That's right, and I had a
similar situation. Go ahead share. No,
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I had. I had a similar
experience once as a CEO where it
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was a big all hands meeting and
I come into the room and and it
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well, folks started arriving before we
had the big meeting and I come out
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of my office and everyone's in the
office. We had a pretty distributed team.
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Once a year would bring everybody in
and everyone was was in the room
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and in the office and wow,
I was hustling, bustling and I'm like,
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holy smokes, you know, we
have a we have a lot of
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people in this company, you know. And then I thought that's holy we
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have a lot of people. I
did this. Yeah, Y, as
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I go, you know. So
I can relate to that feeling storry,
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to interrupting, please no. But
it's it's exciting because, like you,
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you get to live in that distortion
field and see something that no one else
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saw before and now you've created it
and it's exciting and frightening that first time.
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Yeah, I would just say that
the first experience of that was when
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someone, you know, kind of
was was helping me see the impact of
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my of my vision in their lives, not like a customer or client,
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but like a real person who's going
to adopt a childs and yeah, it
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was. It was beautiful and I
think about that a lot. I think
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it's also a very humbling because it
means that the frailties that you bring into
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being a human, you actually have
to work on those, because people need
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consistency. Does that make you know
and and actually sense? The first chapter
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of the book is I was organizing
this book and we can talk about how
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I put it together, but the
first chapter is about managing and mastering yourself,
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that being the number one skill of
being a great entrepreneur. Because they're
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right. Now people are out there
and they're like this customer paid late,
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you know, like they're get it's
easy to get emotional and to react and
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to be in that place where you
feel helpless or you feel anger and you,
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as a human, it's easy to
react. But as an entrepreneur who's
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a CEO, who's leading, you
kind of got to think about the lesson
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like okay, if I do this, what are the repercussion short, medium
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and long term, not only for
me but for everyone around me? That's
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right. Yeah, and I agree
that as CEO, you you quickly realize
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that everyone is looking to you and, to your earlier point, you really
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got to have yourself together, because
they will continue to look to you.
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You are the example that they're looking
to figure out how they should be feeling,
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how they should be reacting to just
about it, everything that's going on
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in the business. Talk about learnings. What were some of your learnings,
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perhaps from that first time, that
stay with you today? Just give us
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one or two perhaps that, like
Oh man, from that first experience I
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learned something that I'll never forget.
Well, okay, so I'll answer that,
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but can I ask your question?
Yeah, I mean you've recently become
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a father two babies, which is
beautiful. Has It? Has that changed
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how you think about leadership? and
has it, I mean I don't know
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if you reflect on that in terms
of how you show up it at work,
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but has it? Has It affected
you? How has it affected you?
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Well, it's definitely grounded me more. I feel like as a CEO,
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prior to having children, I was
sort of willing to fly to the
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moon to solve any you know,
solve any situation, and I have learned
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to balance that sort of you know, limitless energy with my personal life.
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And the other thing that fatherhood has
taught me is how similar forming, building
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and developing a company is to raising
a child. You know, to some
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extent, companies or sort of like
living and breathing things. You know,
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they start out very young, they're
very fragile, they still have to learn
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a lot of things. It's your
job to teach him those things and,
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you know, as they become,
you know, more mature and self sufficient,
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your job is really to teach him
a set of principles that they can
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take with them for a long time. And I really believe companies are very
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similar to that. You know,
culture is one of the tools you use
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to accomplish what I've just described,
but it has changed my perspective on what
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a company is. Is Not just
a bunch of people taken on a salary.
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It's it's almost like like a child
that you're raising. It's interesting.
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I'm at a business conference, I
don't know, a few months ago and
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Tony Robbins, who is a dope
businessman and I've learned a lot from him,
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but he talks about that. He
talks about the maturation of a company.
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Follows the maturation of a human and
that when you you know, you
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go from, like you know it, being an infant right to being an
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adolescent, to teenager and to young
adults, into mature and that you're you're
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positively trying to get out of the
mature state where the company becomes about maintenance
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and stability and move it back into
those earlier stages in a controlled way,
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right, because it's right move quickly
and be agile, whereas you don't want
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to go back in the adolescence because
there's a lot of fragility. Yeah,
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yeah, yeah, well, you
know, we'll talk about it in the
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moment, but the truth is that
companies, they do regrets, just like
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children regrets. You know, they
do regress over time. As as the
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businesses. You're in the markets,
you're in the challenges you confront, and
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that regression is the time that you
know, you dig in right and to
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sort of, you know, help
it get to the next level. I
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don't have teenagers yet, but as
I understand it, that's the next major
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regression challenge that I had to deal
with. Anyway, luckily, I'm not
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there yet, not yet, not. Yeah, you'll be ready, though.
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You'll be ready. Yeah, yes, I mean I think so today.
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You know, I sold my last
company and in middle of two thousand
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and eighteen it was turned around venture, venture back. We sold it with
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Public Company and I spent I probably
spent six months, and I talked to
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you during that six months going what
the heck, like, what am I
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going to do? And it's the
best of times because you're like I get
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to plan my day today while I'm
in it. I get to wake up
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and say what I'm going to do. But it's also, I think,
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a time where you kind of go, okay, how do I how do
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I continue to evolve? And so
one of the things that I did,
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and I think about especially now as
we're in all this chaos, is I
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kind of got out of myself and
I said, okay, if I focus
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on me, there's going to be
suffering and like Oh, I don't have
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this and why am I not running
other company again? And I started to
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focus more on mentoring others and out
of that this whole concept of anti fragility.
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That's I read, seemed Teleb's book
again after I sold my company and
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it opened up like a whole concept
that I'm actually helping. So I bought
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a few companies. I started a
few companies and I'm on a bunch of
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boards now and you asked me earlier
what advice I'm giving my company. So
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this may sound extreme, so forgive
me. So one is kind of being
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in the right emotional state right now, which means meditating, spending as much
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time as possible with people who you
love and who love you. So let's
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put that as a as a first
anchor. But afterwards, if you're running
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an existing company that's got employees and
investors and customers in cash, I think
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the most important thing now is to
make the hardest decision that you possibly can
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as soon as possible. When I
started the Felon Group back in two thousand
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and two, we thought the economy
had recovered and realized in early U three
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it hadn't, and so the expansion
plans that we had made we're all premature
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and we had one big customer kind
of Bolt for economic reasons and rather than
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taking the cuts at once, we
took them in small pieces. Right,
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right, and that is incredibly hard
for a business. It's hard for the
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the emotions and the personality and the
culture, but it's very hard for the
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individuals, the leaders, to constantly
be thinking should I do it? Should
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I not do it? How should
I do it? And so my advice
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that I'm telling my companies now is
plan for this lasting for a long time
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and make the hardest decisions you have
to make now and do them in a
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way that just focuses on how much
cash can we preserve for as long as
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possible? And then the second thing, I think, is come out of
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it sooner. So while everyone else
is trying to recover, when you see
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those signals that it's coming out,
recover before other people do. And that's
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when you do acquisitions, that's when
you do expansion. You sort of get
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ahead of that curve. But but
the last thing is love on your customers
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and your people in a way that
you have not before. And it doesn't
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mean like sending out emails about,
you know, hand washing. Like Brune
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Brown says, trust is the accumulated
stacking of vulnerabilities, like me being vulnerable,
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then you, then me, then
you, then meet, then you
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meet me, meet you, you, you, and in a crisis people
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let down a lot of ego and
I would say this is the best time
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to talk about employee aspirations, to
spend that extra twenty minutes to have a
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discussion with your customer and say,
like, how's this? How's your family
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like? What's going on, how
are you feeling? Because this is the
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time when you will build a relationships
that really will last, and I feel
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that we get so much into what's
happening that we're not externally reaching out,
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connecting, mentoring, building bridges and
being as vulnerable as possible with people who
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will treat us very differently on the
other side of this man. I hope
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those were those were const steps at
hum together, but I just feel like
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right now this is a massive opportunity
for all of us to grow deeply trusting
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relationships with customers, partners, investors, board members teams that we just haven't
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had the opportunity to do in the
past. No, you're so right.
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A company is more than a list
of contracts in a database. Right,
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it's an ecosystem, a community of
people. Had tried to burn that into
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people's minds all the time that you
know, when they'd be like these challenging
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emails, I'd say pick up the
phone. You know there's a person behind
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that email. While you just ask
them what they're trying to say, you
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know and yeah, you know at
the interpret and so in times like this
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people want to communicate more and talk
more and work through their issues, and
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this is the time, as you
said, for the CEO to first of
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all work through their own personal issues, get get their head right and then
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be available for their employees, their
customers, to going to be some hard
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conversations to be had with each individual
in the company and the sponsors of the
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product that these companies right that and
that's when you can come up with the
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collaborative solutions to what what both sizes
are challenge with. Right, everybody's going
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to be on lockdown when it comes
to liquidity and spending. Maybe you just
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give them the product for free and
say pay me when you can. You
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know, it may be hard for
you to do that because you might die
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as a company, but you might
actually not die because everyone will see that
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you had pretty significant customer growth and
at some point people will be able to
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pay and it could turn the entire
company around. I agree with you one
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hundred percent that making those tough decisions
faster. The longer you wait, the
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worst it gets. And, by
the way, those decisions include and are
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not limited to asking some of your
longtime friends and relationships that you've developed at
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these companies to to leave the company, and those can be the most challenging
338
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for CEEO and probably the most gut
wrenching an emotional but they're so important to
339
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the survival of the long term vision
of the company and ultimate transformation of the
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company beyond what's happening now. Right, and I totally I feel that.
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And what's funny about all this is
that stress is good for our system.
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For Yeah, like this. Yeah, the stressful times, if we do
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the right thing, will deepen and
nurture and strengthen these like, I feel,
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like the stresses in relationship. Someone, someone said, you know when
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you're when you're thinking about building a
relationship, you know, you think about
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all these incredible moments of like Oh, the honeymoon or that timing with to
347
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Disney world, when in reality it's
these moments that you really cherish. Right,
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it's coming through it together, and
maybe you have, but I'll speak
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for myself. I've had to let
a lot of people go in my career,
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either, you know, corporate restructuring, or we sold the company or
351
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we bought something or you know,
it's it just corporations are organic and what
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I keep what I try to remember, is I have faith in this person.
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I have faith that they understand it
is, that this is a business
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decision and I have faith in there, in our relationship, that it will
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get better. I have faith and
what I layer on is that is what
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can I do? How can I
be in service? Because if you have
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to let employee go and you say
look here at the papers, you know
358
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sign versus, this hurts me.
How can I be in service of what
359
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is important to you, because I'd
asked you the right questions and I understand.
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So I feel that this is a
time where that employee will come back
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and work for you in the future, because we don't remember the honeymoon,
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remember, we remember the divorce,
and so, yeah, if, yeah,
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that's right, have faith and trust
that this is this is actually a
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relationship that doesn't live or die by
the payroll. You know, let mean
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not. You have a whole crew
of people that you've worked with multiple times.
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Your theories, guys, you guys
are all so together, if I
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remember correctly, we are. We're
very close friends. They're probably the closest
368
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friends might these are my original cofounders. I talk a lot about them in
369
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the articles I write in the on
our website. I can resonate very much
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so with what you're talking about.
And, as I said earlier, companies
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are are made of people and people
are independent of those companies. Your relationship
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with those people can be lifelong relationships
if you choose them to be. So
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seeos or people and not just a
title and they so, yeah, they're
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people too, you know. Then
I just sort of like this, you
375
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know, title on high so and
they have feelings and emotions and they want
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to have relationships, and so I've
focused a lot on that. You know,
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to your point about sort of,
you know, self management and self
378
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mastery, it's really sort of keeping
that notion clear in my mind that at
379
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the end of the day I'm building
a company, but I'm also building a
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network and a set of relationships with
people that I will have for a very
381
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long time. I still engage with
former employees of mind who I asked to
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leave the companies that have run and
we're still very closer together and these people
383
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have gone on to do very well
for themselves and I still keep in touch
384
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with folks who are still at the
company and part of whatever other firm that
385
00:28:00.220 --> 00:28:04.660
acquired the business, etc. And
I talk to them not as their CEO,
386
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I just talk to them as John, their friend. In fact,
387
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sometimes, even when I was in
the seat, one of the things I'd
388
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like to do, I would do
very often as I would say, Hey,
389
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I'm going to tell you something here, but this is not John Your
390
00:28:17.089 --> 00:28:21.849
Ceo, speaking as John Your friend
total and they were surprised that I would
391
00:28:21.849 --> 00:28:22.450
say that and they say, yeah, at the end of the day we're
392
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just all friends here, but yes, we have like professional roles that were
393
00:28:26.609 --> 00:28:30.400
we're taking right like we're you know
that we're playing in the company, but
394
00:28:30.680 --> 00:28:34.640
at the end of the day where
we're people and that's what will help save
395
00:28:34.839 --> 00:28:41.119
the company. Are you currently making
the transition from founder to CEEO? Are
396
00:28:41.160 --> 00:28:44.190
you a first time CEEO in the
middle of a huge challenge, or you
397
00:28:44.309 --> 00:28:48.269
just curious about what it takes?
Then you need to read CEO Playbook.
398
00:28:48.509 --> 00:28:52.549
It's an online publication full of stories
from real CEOS and practical sage advice for
399
00:28:52.630 --> 00:28:57.500
leaders of high growth companies. Go
to Seeeo playbookcom to start reading some amazing
400
00:28:57.539 --> 00:29:02.539
content for free. You'll find out
why over four hundred CEOS go here to
401
00:29:02.539 --> 00:29:07.980
learn what it's really like being CEO. Tell me a bit more. I
402
00:29:08.059 --> 00:29:11.490
mean, I really enjoyed the book. You know, there there are a
403
00:29:11.490 --> 00:29:18.130
number of skills that I think would
be very, you know, very helpful
404
00:29:18.890 --> 00:29:22.410
given where we are, and I
want to sort of talk about some of
405
00:29:22.529 --> 00:29:26.319
those. Let's start with with crafting
the story. That's skill to I believe,
406
00:29:26.359 --> 00:29:30.079
from your book, right, crafting
your story. Wow, somorry.
407
00:29:30.880 --> 00:29:33.720
So, you know, you talk
a lot about sort of, you know,
408
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crafting the warrior story. Who Are
you? Who are you as a
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00:29:37.240 --> 00:29:40.190
person? Who Your Company is,
and how do you shape that? How
410
00:29:40.230 --> 00:29:44.670
would you see that changing now and
sort of these in sort of this crisis
411
00:29:44.789 --> 00:29:48.549
time? Do you sort of maintain
the story or find opportunities to recraft the
412
00:29:48.630 --> 00:29:53.700
story, to reposition the company as
as the world requires? Great Question.
413
00:29:53.740 --> 00:29:57.779
Yeah, and it's interesting that it's
a second skill and the reason why I
414
00:29:59.420 --> 00:30:02.380
feel we all need a warrior story, which is it's a way to tell
415
00:30:02.779 --> 00:30:06.779
your story in a way that is
memorable, compelling, passionate, but also
416
00:30:06.900 --> 00:30:12.369
connective, because in these times we're
all, you know, cocooning, we're
417
00:30:12.369 --> 00:30:15.970
all sort of having our own you
know, kind of concerned about our finances,
418
00:30:17.049 --> 00:30:19.650
like everyone is having the same experience. And so rather than telling a
419
00:30:21.130 --> 00:30:23.839
resume story or a bulleted kind of
list of what you've done and where you've
420
00:30:23.880 --> 00:30:29.519
worked, which isn't memorable and which
creates separation, right, because then I
421
00:30:29.640 --> 00:30:32.119
got I didn't get a job at
Google. You did. You went to
422
00:30:32.200 --> 00:30:34.990
Harvard, you as a cornel but
you know. So a warrior story is
423
00:30:36.069 --> 00:30:38.710
looking for connection. It is saying
wow, you know, we're going through
424
00:30:38.710 --> 00:30:42.869
some challenging times. Here's what I'm
living right now. I feel very solid
425
00:30:42.910 --> 00:30:48.430
financially personally, but I'm also mentoring
a lot of early stage companies who are
426
00:30:48.470 --> 00:30:52.819
very concerned about there, about their
funding situation. I've got companies going through
427
00:30:52.859 --> 00:30:57.140
turnarounds, and so warrior story is
a way to tell your story that builds
428
00:30:57.220 --> 00:31:00.660
connection. And the best times are
when you're at war, and right now
429
00:31:02.339 --> 00:31:07.650
where at war with ourselves right managing
the fact that, you know, I've
430
00:31:07.690 --> 00:31:11.970
been in these walls and this house
for two and a half, three weeks
431
00:31:12.089 --> 00:31:17.089
right. Yeah, everything's blowing up. So I can connect. So if
432
00:31:17.450 --> 00:31:22.200
the warrior story is telling your story
in a way that connects people and allows
433
00:31:22.240 --> 00:31:26.960
them to see themselves in you,
and I would have absolutely say that it's
434
00:31:27.000 --> 00:31:33.910
evolving right now and I think it's
important that that story evolves. One of
435
00:31:33.950 --> 00:31:40.349
the companies that I mentor is in
is in a really kind of interesting industry
436
00:31:40.470 --> 00:31:42.789
and it's in the network marketing space, and so they've built a really cool
437
00:31:42.910 --> 00:31:49.980
technology and they're that space is booming
right now because it focuses on at home
438
00:31:51.140 --> 00:31:56.460
professionals and interesting when that CEO goes
and talks to investors about it. I
439
00:31:56.539 --> 00:32:00.650
mean, I had them change your
whole pitch. It's about the fact that
440
00:32:01.170 --> 00:32:07.569
a hundred percent of people are going
to have side hustles and everyone's going to
441
00:32:07.609 --> 00:32:10.490
be and so the story is no
longer about the technology or the market.
442
00:32:10.490 --> 00:32:16.599
It's about that one person who doesn't
have six hundred dollars for an emergency,
443
00:32:16.880 --> 00:32:20.680
which is most of our economy,
most of the people out there, which
444
00:32:20.680 --> 00:32:23.319
is why that you know, package
was so big. But now that that
445
00:32:23.519 --> 00:32:27.519
CEO can tell a story that we
can all relate to. Oh I know
446
00:32:27.680 --> 00:32:30.910
someone who's like that, oh I
know some you know, and so that
447
00:32:30.109 --> 00:32:35.269
connection now is an emotional one,
which is the only kind of connection that's
448
00:32:35.309 --> 00:32:38.190
memorable, and so the warrior story
is just doing that in a way that
449
00:32:38.470 --> 00:32:43.869
is intentional, which reminds me promise
you. You like an entrepreneurship to being
450
00:32:43.910 --> 00:32:47.500
a warrior that you've titled The book
the Way of the warrior. Explain why?
451
00:32:47.819 --> 00:32:52.059
Where does that come from? You
like a bristly fan of something like
452
00:32:52.140 --> 00:32:54.019
that? Or I used to love
I used to watch a lot of those
453
00:32:54.059 --> 00:33:00.690
movies, but I did watch you'll
have to have to share my movie watching
454
00:33:00.730 --> 00:33:05.609
lest since we've been in at home, but it will surpris you. I
455
00:33:05.650 --> 00:33:08.009
would like. I would like to
get that yet, but it's Um,
456
00:33:08.170 --> 00:33:14.000
it's growth warrior and and the reason
why I was it's not about being a
457
00:33:14.160 --> 00:33:19.839
warrior to growth warrior, which is
I'm out there in battle, but my
458
00:33:20.000 --> 00:33:22.799
focus is on my own growth.
I had running my last company was a
459
00:33:22.880 --> 00:33:27.630
turnaround. It was I told you
about it. It was a challenging experience
460
00:33:27.670 --> 00:33:30.190
and I go into detail on the
book about it's in the book. Yeah,
461
00:33:30.269 --> 00:33:34.190
it's in the book, and so
it's going to detail about walking into
462
00:33:34.230 --> 00:33:38.269
a company that was distressed, leading
a turnaround, managing culture in the way
463
00:33:38.309 --> 00:33:43.099
that I thought was best versus what
was actually best for the company, driving
464
00:33:43.140 --> 00:33:45.900
a lot of growth, being massively
successful in that company, selling it,
465
00:33:45.980 --> 00:33:51.980
which was the goal from the beginning
and you know, feeling in the end
466
00:33:52.819 --> 00:33:58.089
that it did not fill me up, it was not spiritually fulfilling and and
467
00:33:58.250 --> 00:34:00.609
there's a lot of suffering around it
because, you know, I it was
468
00:34:00.730 --> 00:34:04.809
hard. I moved, I got
divorced in the process. So there was
469
00:34:04.849 --> 00:34:10.840
a lot of emotion around around that
experience. But on Pon reflection, that's
470
00:34:10.960 --> 00:34:15.320
all this look, we came here
to have all these experiences for the purposes
471
00:34:15.360 --> 00:34:23.159
of growth. HMM, and so
it became less about anything external and the
472
00:34:23.309 --> 00:34:30.710
path of the growth warrior is all
about the internal spiritual quest that being an
473
00:34:30.750 --> 00:34:37.070
entrepreneur puts us on. We have
chosen the most unsafe route just to Nirvana
474
00:34:37.789 --> 00:34:39.860
of any professional. If you go
work in a big company, you get
475
00:34:39.900 --> 00:34:44.619
a Pacheck, you get healthcare,
right, right, we have to create
476
00:34:44.739 --> 00:34:47.659
these days. That's not necessarily,
you know, bulletproof. It's a it's
477
00:34:47.699 --> 00:34:52.380
evolved, that it's evolved, but
a growth. Your growth warrior, you
478
00:34:52.460 --> 00:34:55.130
go through every experience and what I
love about you is like your pause and
479
00:34:55.289 --> 00:34:59.889
say what did I learn? What
was my takeaway? Who Am I now?
480
00:35:00.369 --> 00:35:02.170
And so that's what the whole process
about. Is like living for the
481
00:35:02.369 --> 00:35:08.639
growth and not for any external validation
money like. It isn't about that.
482
00:35:08.760 --> 00:35:13.920
It's about the spiritual growth that comes
from this. HMM. You know you're
483
00:35:13.960 --> 00:35:19.039
comment about pausing and reflecting. I
thought you have a great system for doing
484
00:35:19.199 --> 00:35:22.070
that. Sometimes wanting to do it
and knowing how to do it or two
485
00:35:22.110 --> 00:35:28.309
different things, and you talk a
lot about how you've made almost a ritual
486
00:35:28.349 --> 00:35:30.269
out of it, right where you
spend a certain amount of time, I
487
00:35:30.389 --> 00:35:32.469
believe, at the end of the
day or in the morning, where you're
488
00:35:32.949 --> 00:35:37.699
talking to yourself and recording yourself.
Is that right? Yeah, so three
489
00:35:37.739 --> 00:35:43.619
things. I do mourning pages and
I just, you know, gratitude,
490
00:35:43.820 --> 00:35:45.900
what happened yesterday, what am my
attention for this day, and it's just
491
00:35:45.980 --> 00:35:49.539
a couple of minutes. You just
get it out so you able to go
492
00:35:49.659 --> 00:35:52.969
back and I have stacks, Dude. I have mourning pages for when I
493
00:35:52.090 --> 00:35:57.369
was sixteen. It is absolutely it's
eve been doing it since then. Wow.
494
00:35:57.449 --> 00:36:00.489
Oh, yeah, I mean just
just capturing it right. And the
495
00:36:00.610 --> 00:36:05.239
second is, especially in these trying
times, when I was going through turnarounds,
496
00:36:05.480 --> 00:36:08.440
I would just sit in the car
because I wanted to exit the emotion
497
00:36:08.559 --> 00:36:13.280
of the day or what I learned
and just like get my voice note and
498
00:36:13.400 --> 00:36:16.199
just record and and then on the
weekend, if I were hiking or working
499
00:36:16.199 --> 00:36:21.710
out, I would just replay all
those days. And that's actually what freed
500
00:36:21.829 --> 00:36:24.309
me and what helped write the book, is because I could go back and
501
00:36:24.389 --> 00:36:28.550
go, AH, man, I
remember that day fundraising. Oh, I
502
00:36:28.630 --> 00:36:34.179
remember that, that board meeting,
and it wasn't, because memory is you
503
00:36:34.260 --> 00:36:37.019
were going through those notes. That's
great, through those notes and memories not
504
00:36:37.099 --> 00:36:40.699
real like memory. What we actually
remember is getting revised every time we think
505
00:36:40.699 --> 00:36:44.179
about it. We go into a
fight. I mean you're a tech guy,
506
00:36:44.260 --> 00:36:46.730
your technical CEO, you go into
a file and you pull it out.
507
00:36:46.809 --> 00:36:52.130
You're actually changing that memory every single
time neurologically. So it's actually not
508
00:36:52.329 --> 00:36:57.570
true. And so to go back
and actually hear what I said on January
509
00:36:57.730 --> 00:37:01.239
thirteen of two thousand and sixteen,
I go back to the closest record to
510
00:37:01.320 --> 00:37:06.440
the truth, right, and so
I do that on a regular basis and
511
00:37:06.559 --> 00:37:09.519
it's a it's a beautiful habit,
but it also just keeps you honest with
512
00:37:09.559 --> 00:37:15.239
yourself. Yeah, do you find
that? It's helpful also to and it's
513
00:37:15.280 --> 00:37:19.789
kind of ten amount to something I
talked a bit about which is finding time
514
00:37:19.869 --> 00:37:28.070
for solitude, just giving yourself the
gift of being by yourself to just think,
515
00:37:28.349 --> 00:37:34.460
talk, you know, process learning
right down and then have it recorded
516
00:37:34.579 --> 00:37:36.980
for you down the road and and
as a result, you sort of come
517
00:37:37.019 --> 00:37:39.780
out refreshed and then, you know, having lots of insight. You also
518
00:37:39.900 --> 00:37:45.969
find it helpful to reducing your anxiety
because you know your stuff is not sort
519
00:37:45.010 --> 00:37:49.929
of bouncing around in your head.
It's now on a page and you can
520
00:37:50.369 --> 00:37:52.809
you can see it clearly in process
it. So yes, all of that
521
00:37:53.090 --> 00:37:57.730
I love. I mean, I
take six hours and months and I go
522
00:37:57.809 --> 00:38:00.159
away by myself and I go to
a comfy shop and I ask myself three
523
00:38:00.199 --> 00:38:04.960
questions and they change. And this
is why I can't wait until you write
524
00:38:04.960 --> 00:38:10.079
your book, because I'm going to
be all over you. Okay, it's
525
00:38:10.599 --> 00:38:15.309
the books writing process. It's for
you, it's not for you. It's
526
00:38:15.349 --> 00:38:21.030
a forcing function and I love that
you write your newsletter now, because you're
527
00:38:21.110 --> 00:38:28.179
doing that, you're basically codifying all
the things that you learned and stuff comes
528
00:38:28.219 --> 00:38:30.539
up. Stuff comes up. I
write, I write my six bullet Sunday
529
00:38:30.659 --> 00:38:35.980
and you write your CEO Playbook,
which I take credit for because I think
530
00:38:35.980 --> 00:38:40.570
we started around the same time.
Yeah's you are my inspiration. I've worked
531
00:38:40.610 --> 00:38:46.690
to be that. But I think
the book, I mean Seth Goden is
532
00:38:46.730 --> 00:38:50.530
a friend of mine, and I
called him and I said, hand writing
533
00:38:50.570 --> 00:38:53.170
this book, and he says write
it literally, as if you don't care
534
00:38:54.289 --> 00:38:59.719
who's going to read anyone reads it. Yeah, that's your words. HMM,
535
00:39:00.039 --> 00:39:02.519
it's yours, and so I took
that approach. It's a process of
536
00:39:02.760 --> 00:39:07.760
actually going inward and saying, let
me be honest here. So it's not
537
00:39:07.880 --> 00:39:10.949
a memoir. I mean I thought
about I'm like, I'm not that interesting.
538
00:39:12.030 --> 00:39:15.949
Like if I were, yeah,
if I were like Obama or like
539
00:39:16.389 --> 00:39:21.829
right Jay Z or Chamillionaire, it
would be interesting, right, yeah,
540
00:39:21.829 --> 00:39:28.699
yeah, so it's more and lessons
and prescription and direction, and I mean
541
00:39:28.699 --> 00:39:30.820
I go into like have a size
of a market, you know what I
542
00:39:30.900 --> 00:39:34.460
mean, like it's not a no
more, but it comes from that that
543
00:39:34.659 --> 00:39:38.050
place. Right. Well, we
would be really I think we would be
544
00:39:38.130 --> 00:39:40.730
remiss. Thanks for sharing that,
by the way, and yes, when
545
00:39:40.769 --> 00:39:44.889
I finally decide to to write my
book, you will be the first person
546
00:39:44.929 --> 00:39:47.929
I call. So we would be
remiss. I think that you and I,
547
00:39:49.170 --> 00:39:52.440
if we didn't talk about what it's
like being a CEO that looks like
548
00:39:52.559 --> 00:39:58.559
we do, right, woman,
African, American immigrants, etc. What's
549
00:39:58.599 --> 00:40:01.760
your perspective on that? So listeners
who are out there who are, you
550
00:40:02.679 --> 00:40:08.989
know, looking to get into the
game of being CEO and are unsure about
551
00:40:08.989 --> 00:40:13.230
it or want to understand what it's
like, what are some of the challenges?
552
00:40:13.590 --> 00:40:16.269
What would you say to them?
So I'm an African American woman and
553
00:40:16.670 --> 00:40:22.300
I didn't go to Stanford or Harvard. I was the southern Methodist University and
554
00:40:22.659 --> 00:40:27.219
you know for Undergrad Brad's Smith,
the formercy you have into it. Said,
555
00:40:27.219 --> 00:40:30.500
if you have to, if you
have to have a longitudinal description of
556
00:40:30.579 --> 00:40:37.090
your university, it's probably an underdog
school. Southern Methodist University. Right to
557
00:40:37.170 --> 00:40:42.130
save a DPS location and you know, yes, courts it associated. It's
558
00:40:42.130 --> 00:40:45.409
right, right, you know,
right, right, just so it's a
559
00:40:45.530 --> 00:40:47.809
Harvard of Dallas. Is What is, what we like to say. You
560
00:40:47.929 --> 00:40:52.639
know what? Bill Campbell told me
something, and I remember he said it's
561
00:40:52.639 --> 00:40:54.519
going to be really hard for you, it's going to take you longer,
562
00:40:55.079 --> 00:40:59.360
it's going to be different. And
so I have two perspectives. One is,
563
00:40:59.960 --> 00:41:05.469
if your desire for whatever it is, supersiege your fear of the rejection
564
00:41:05.550 --> 00:41:08.550
and the repetition and all the things
that come with like being in the game
565
00:41:08.590 --> 00:41:13.510
and not looking like, you know, looking like a typical or traditional CEO.
566
00:41:14.110 --> 00:41:16.750
If your desire isn't greater than that
fear, then don't do it.
567
00:41:17.510 --> 00:41:24.460
If your desire is lean in and
crush like lean in there are some people
568
00:41:24.579 --> 00:41:30.099
have written me checks. I've grown, I've because I've gotten technical, I've
569
00:41:30.099 --> 00:41:34.170
sat with engineers, I've been part
of really like I've done it all because
570
00:41:34.210 --> 00:41:38.369
my desire was greater than my fear. And so if your desires granting your
571
00:41:38.409 --> 00:41:42.489
fear, go for it. Someone's
going to believe in you and see themselves
572
00:41:42.530 --> 00:41:45.889
in you and you'll get where you
want to go. I think the other
573
00:41:45.010 --> 00:41:51.119
thing is I feel this thing is
changing. John, the last lead investor
574
00:41:51.199 --> 00:41:58.079
in my last company who wrote the
largest check, was a fifty something white
575
00:41:58.199 --> 00:42:05.989
male from North Carolina, HMM,
and heat today is my big if he's
576
00:42:06.070 --> 00:42:09.909
my biggest champion. I talked to
him yesterday. So I believe the game
577
00:42:10.230 --> 00:42:15.460
is changing because if they're the hundred
billion dollars that was invested in venture capital
578
00:42:15.539 --> 00:42:17.820
in two thousand and eighteen and two
thousand. Nineteen is more than that,
579
00:42:17.940 --> 00:42:23.659
but that went to mostly to people
who look like you would expect. Right,
580
00:42:23.699 --> 00:42:27.699
right, so that means it.
All those ideas, in all those
581
00:42:27.780 --> 00:42:32.570
concepts came with that logical that logical
train of my experience and who I am.
582
00:42:34.250 --> 00:42:37.809
So imagine that this world is big
and complex and doesn't look like those
583
00:42:37.889 --> 00:42:43.690
people. Right, that's the minority. Imagine if someone who has a unique
584
00:42:43.730 --> 00:42:49.039
perspective or a unique understanding of a
market or a cohort or a customer comes
585
00:42:49.079 --> 00:42:52.639
in and cracks open and opportunity.
No one else is thought of like it
586
00:42:52.840 --> 00:42:57.639
is the time for the person who
doesn't look like a surgeon to be hired.
587
00:42:57.840 --> 00:43:00.789
Is One. You know what I'm
saying? Like it could be better,
588
00:43:00.869 --> 00:43:04.909
because we've been exploiting opportunities that are
so narrow. If I see one
589
00:43:04.989 --> 00:43:10.710
more pitch for a scooter company or
you know, well, you do have
590
00:43:10.829 --> 00:43:15.619
the quote, the her mentality that
happens in VC. That that that sort
591
00:43:15.699 --> 00:43:20.500
of part of that game, right, that VC's right big when they bet
592
00:43:20.579 --> 00:43:23.500
against that? That's right. Yeah, so go for it, is what
593
00:43:23.699 --> 00:43:27.969
I tell it's it may take you
longer, it may hurt a little bit,
594
00:43:28.809 --> 00:43:30.530
but you get you got. Get
in it for the growth. Don't
595
00:43:30.530 --> 00:43:35.090
get in it for any other reason. Giving it for the growth. Yeah,
596
00:43:36.130 --> 00:43:38.369
that's assible about it. I mean, you've been massively successful. I
597
00:43:38.489 --> 00:43:42.360
remember when you were like eighteen,
we bought your company. For Life is
598
00:43:42.440 --> 00:43:45.920
a billion bold. You sound all
spiritual now. Thank you. I was
599
00:43:45.960 --> 00:43:51.920
twenty eight, but yes, but
you looked like twenty yets. Yeah,
600
00:43:51.960 --> 00:43:55.190
I look at yes, exactly.
The growth has taught me a lot,
601
00:43:55.309 --> 00:44:00.190
you know, because you're right,
it has not been easy. My success
602
00:44:00.269 --> 00:44:05.110
has come with a lot of work
and, you know, challenges along the
603
00:44:05.190 --> 00:44:10.780
way, all of them just making
me incredibly stronger. I used to look
604
00:44:10.820 --> 00:44:15.900
at what the prototypical CEO was meant
to be. You know, I was
605
00:44:15.940 --> 00:44:17.139
like, okay, no one whatever
give us money because I don't look like
606
00:44:17.139 --> 00:44:22.019
that guy. You know, and
you're right, there's always one person,
607
00:44:22.460 --> 00:44:27.690
one firm that will give you a
chance and not every investor is for you.
608
00:44:28.289 --> 00:44:34.730
And once you get the right investor
and you get the support of that
609
00:44:34.849 --> 00:44:39.559
investor, you can go infinitely,
you know, from that point to your
610
00:44:39.639 --> 00:44:44.559
goals and beyond, and you can
keep doing it because each time you you
611
00:44:45.599 --> 00:44:51.440
win, each time you lose your
learning and the more you leveraged at learning
612
00:44:51.559 --> 00:44:55.349
and and understand how it's really playing
a role to your growth. To your
613
00:44:55.389 --> 00:45:00.309
point, then you know that's when
you're going to get the growth and that's
614
00:45:00.309 --> 00:45:01.829
when you're going to get the success
happening and that's when you're going to realize
615
00:45:01.829 --> 00:45:07.420
that you can do just about anything
than anybody else can do. And I
616
00:45:07.539 --> 00:45:12.260
encourage lots of young new CEOS.
Did I meet now who looked like I
617
00:45:12.460 --> 00:45:16.219
looked when you first met me,
and I say, Hey, you know,
618
00:45:17.099 --> 00:45:21.809
like go Campbell said, it's going
to be hard, it's not easy,
619
00:45:22.289 --> 00:45:25.210
but it's that toughness, that that
hard road, if you will,
620
00:45:25.690 --> 00:45:30.610
is the thing that will make you
one of the best, and I encourage
621
00:45:30.690 --> 00:45:35.289
them to take on that, take
on that challenge. I don't sorry,
622
00:45:35.289 --> 00:45:38.159
I was going to add it.
The bill Campbell quote is is something I
623
00:45:38.360 --> 00:45:42.639
think about him all the time,
and I know I think about him all
624
00:45:42.679 --> 00:45:46.440
the time, but the thing that
I got from him I get also from
625
00:45:46.480 --> 00:45:51.630
Brad Smith and and I just I
admire him so much as a leader and
626
00:45:51.670 --> 00:45:54.349
as a human is. I guess
the third thing I would say, and
627
00:45:54.590 --> 00:45:59.030
maybe you see this as well,
as we can't write off the guy who
628
00:45:59.030 --> 00:46:04.940
we think is this Harvard educated venture
investor or someone who holds the purse strings.
629
00:46:05.179 --> 00:46:09.659
We can't assume that they don't understand
our story right and that they don't
630
00:46:09.699 --> 00:46:15.460
they're not also one underdog, because
I would venture that, first of all,
631
00:46:15.579 --> 00:46:17.849
every CEO that you're going to find
who's been successful as you've been successful,
632
00:46:17.849 --> 00:46:22.170
John it's going to say it wasn't
easy. They may have a different
633
00:46:22.210 --> 00:46:24.969
version of difficult than you did,
but there were movement and they have they
634
00:46:25.010 --> 00:46:30.889
have challenges, and that's roll when
you walk into a room where you're asking
635
00:46:30.010 --> 00:46:35.039
for money, you're asking for resources
or whatever. I wouldn't assume that that
636
00:46:35.119 --> 00:46:38.559
person who doesn't look like you,
doesn't all might not have the same shared
637
00:46:38.559 --> 00:46:43.559
experience, because they often do have
the same shared experiencing. If you don't
638
00:46:43.559 --> 00:46:45.519
give them the chance to prove to
you that they do, then it just
639
00:46:45.639 --> 00:46:49.789
never happened. So I wouldn't.
I wouldn't assume that everyone else is looking
640
00:46:49.789 --> 00:46:52.269
at you as a stranger. I
would assume if there are brethren and there's
641
00:46:52.309 --> 00:46:55.510
fellowship out there. Now, you're
absolutely right. I mean, I've been
642
00:46:55.510 --> 00:47:00.949
reading some of the memoirs or biographies
of some of these big Hetche fun guys
643
00:47:00.070 --> 00:47:04.739
and like the Raddallio Book, you'll
see that. I mean he had our
644
00:47:04.820 --> 00:47:07.860
he had a hard time. His
road wasn't easy. You know, it's
645
00:47:07.860 --> 00:47:10.099
easy to say that that that it
was easy for him, but he I
646
00:47:10.179 --> 00:47:14.260
mean at some point he lost everything
and had the borrow money from his father
647
00:47:14.420 --> 00:47:17.050
to take a flight to a consulting
gig that he he really needed to pay
648
00:47:17.090 --> 00:47:22.610
his builds. Pretty pretty crazy.
Everyone goes through challenges in their life,
649
00:47:22.090 --> 00:47:25.489
no matter what their background is,
and so you should make any assumptions.
650
00:47:25.530 --> 00:47:29.210
I would agree with that. Man
Promise, this has been great. Let
651
00:47:29.250 --> 00:47:32.760
me ask you just just one last
thing about the book and which one of
652
00:47:32.840 --> 00:47:37.320
the skills that we didn't cover that
you think would resonate with our listeners?
653
00:47:37.320 --> 00:47:44.000
HMM. So we decided to accelerate
the digital launch just in okay side of
654
00:47:44.039 --> 00:47:46.190
what's happening right now. But I
would say the skill that people ask me
655
00:47:46.269 --> 00:47:51.070
a lot about. The two are, not surprisingly, you know, how
656
00:47:51.150 --> 00:47:53.389
to how to raise money and how
to capitalize it, how to capital lies
657
00:47:53.510 --> 00:48:00.460
what they do, especially in uncertain
times, and the other that I've gone
658
00:48:00.900 --> 00:48:05.460
deepon is basically built to exit,
which is the idea that as you are
659
00:48:05.579 --> 00:48:08.099
building your company. You're not building
it's a sell it, but you're building
660
00:48:08.139 --> 00:48:12.699
it with the idea that at some
point you want to understand your market,
661
00:48:12.739 --> 00:48:15.409
your players, your competitors, your
partners in a way that people know that
662
00:48:15.849 --> 00:48:20.449
your company is a valued asset.
And so you manage it. You manage
663
00:48:20.449 --> 00:48:22.889
it for an exit and you think
about that. So those the ones that
664
00:48:23.130 --> 00:48:25.889
really I go into in the book. So, how to capitalize, I
665
00:48:27.010 --> 00:48:30.679
go through all the stages and steps, but I also talk about some really
666
00:48:30.719 --> 00:48:34.920
cool stories about entrepreneurs who built to
exit and actually decided not to exit.
667
00:48:35.320 --> 00:48:37.760
And so, you know, I've
sold companies. You have to. But
668
00:48:37.880 --> 00:48:43.750
there's definitely selling a company versus being
so attractive in the market and so well
669
00:48:43.829 --> 00:48:49.190
known and regarded that people will approach
you and know you when they're looking to
670
00:48:50.190 --> 00:48:53.150
expand through, you know, kind
of inorganic methods. That's right. There's
671
00:48:53.150 --> 00:48:58.539
a difference between selling and and being
bought, being acquired and, yeah,
672
00:48:58.659 --> 00:49:02.500
and structuring your company and understanding how
to how to see the difference between the
673
00:49:02.500 --> 00:49:07.019
two and how you execute against it. It's is very important and yeah,
674
00:49:07.019 --> 00:49:09.130
I think you'd do a great job
of that in the book. Well,
675
00:49:09.210 --> 00:49:13.289
this is this has been great.
Probably a good time, good point to
676
00:49:14.090 --> 00:49:16.369
bring it to an end, and
I want to say thank you so much
677
00:49:16.369 --> 00:49:22.610
for taking the time and I'll see
you soon. Thank you, John Tears
678
00:49:22.730 --> 00:49:28.119
by by O bay. Thanks for
listening to this episode of CEO Series on
679
00:49:28.280 --> 00:49:30.679
B Tob Growth. Again, I'm
John Belaz are from the CEO playbook.
680
00:49:30.920 --> 00:49:36.320
I hope you enjoyed this conversation as
much as I did. Remember, entrepreneurship
681
00:49:36.360 --> 00:49:39.909
and being CEO can be a lifelong
journey, one filled with many lessons,
682
00:49:40.469 --> 00:49:45.030
so take the time to grow from
them, to learn more about promise Fulan
683
00:49:45.150 --> 00:49:49.349
in her book the way of the
growth warrior. Visit the growth warriorcom.
684
00:49:49.710 --> 00:49:53.539
That's the growth warriorcom. Please connect
with me on Linkedin. I have a
685
00:49:53.579 --> 00:49:58.940
page CEEO playbook and twitter at j
belaz are, Ceeo. I'd love to
686
00:49:59.019 --> 00:50:02.260
hear from you. Send questions my
way or recommendations. If you like this
687
00:50:02.340 --> 00:50:07.019
episode, please leave a review and
share it with a friend and if you
688
00:50:07.099 --> 00:50:10.250
have a question, join the discussion
on instagram. You'll find us at CEEO
689
00:50:10.369 --> 00:50:15.329
PLAYBOOKCOM. Thank you for tuning in
and subscribing to be to be growth.
690
00:50:15.650 --> 00:50:22.519
Until next time, keep pushing and
stay healthy. Out there. I hate
691
00:50:22.559 --> 00:50:25.800
it when podcasts incessantly ask their listeners
for reviews, but I get why they
692
00:50:25.840 --> 00:50:30.119
do it, because reviews are enormously
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693
00:50:30.440 --> 00:50:34.159
So here's what we decided to do. If you leave a review for
694
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be to be growth and apple podcasts
and email me a screenshot of the review
695
00:50:37.269 --> 00:50:42.389
to James At sweetfish Mediacom, I'll
send you a signed copy of my new
696
00:50:42.429 --> 00:50:45.230
book, content based networking, how
to instantly connect with anyone you want to
697
00:50:45.349 --> 00:50:49.510
know. We get a review,
you get a free book. We both
698
00:50:49.590 -->
win.