Afleveringen
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Life is full of little phrases that make us flinchâŠ
âWeâre still waiting for our flight crew to arrive.â
âDue to an accident overnight, the bridge is closed for repair until further notice.â
âI saw something that concerns me, and Iâd like to run more tests.â
They bring immediate annoyance and the worrying prospect of more pain.
Leading a business gives you many other opportunities to listen for and correct problems.
It took me decades of work to compile the following list of phrases. Ignore them at your perilâŠ
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âIâd love to start a business, but I think my ego is holding me back from giving up my current position.â
âI canât share this idea until itâs perfect. My ego is getting in the way.â
âIâm afraid this will fail, and Iâll look like an idiot in front of my peers. I guess itâs my ego again.â
These quotes are a sample of what people said to me last monthâjust like the month before and the one before that.
Each individual I spoke with is a strong, proven mid-career leader with a robust network. An entrepreneurial path tempts them, and they could easily return to a traditional job if the leap doesnât work out, but a voice in their heads blocks them.
Choosing the career path of an entrepreneur has forced me to understand and overcome my Ego. It has been a wild ride of two steps forward and one-and-a-half steps back.
You might choose to start a company someday. Or you may have no choiceâforced into a freelance or contract assignment in a corporate environment that increasingly drives us to fend for ourselves. Either way, Iâd like to share what your Ego is in for.
Despite the risk of making entrepreneurship seem an even scarier proposition, I hope to share an under-reported payoff that is more valuable than any financial windfall that may result.
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Zijn er afleveringen die ontbreken?
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Iâm excited to share the next podcast episode in my series of conversations with interesting people on topics where business and life intersect.
Brynne Thompson is an investor, advisor, and all-around brilliant+kind person who helps startup founders and institutional investors figure out where the future is heading.
Weâve had many such conversations over the years as fellow members of the Coburn Ventures communityâso I knew she would deliver the good stuff.
Our discussion topic revolves around how we can take advantage of all the information available at our fingertips without falling for the non-wisdom of the crowdâand driving ourselves crazy in the process.
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When we look back on a year, itâs hard to remember specific days. Meetings were attended, emails were sent, and clients were served. Itâs all a big blur.
But we do recall a handful of eventsâthe big deal we sold, the massive problem we solved, the time the client yelled at us, and when our manager confided in us over drinks.
We remember stories.
Wouldnât it be great if we could capture all of the meaningful stories from our work and put them down in writingâto share for othersâ benefit and keep the lessons top-of-mind for ourselves?
Yes, it is great. I know because I did it. It helped turn our team around. Iâm going to tell you the story of company storytelling and how you can start benefitting the same way today.
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For the 2nd year, I reviewed my calendar to tally up the number of people I met. Survey says:
307 Meetings
Itâs down from 2023, when I was getting two new businesses off the ground. In 2024, I was a little more in-person and made more new friends than last year.
But this was the year I began to see each meeting as a kind of danceâan opportunity to bond with another person and create something unique through conversation. As the year progressed, I dropped some awkwardness, let my partners take the lead more often, and smiled more than ever.
I hope we get on each othersâ dance cards in 2025!
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Going through an acquisition comes with tons of pressure, fear, opportunityâŠand surprises.
But making it through gives you more confidence for the next time and a desire to pay it forward for those who come after us.
In that spirit, I sat down with my long-time business partner, Ryan Watson, to discuss the surprises we have experienced during M&A processes.
Ryan and I led the acquisition of our influencer marketing company in 2018. Today, Ryan regularly advises his clients on both sides of the M&A process as a Partner at Upsourced Accounting, a group of future-focused financial strategists who provide digital accounting and CFO services to the creative industry.
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If youâve worked closely with people, pushing business boundaries long enough, youâll have some drama, breakups, and maybe a betrayal. When you take your work seriously and own the business, everything about it is personal.
My story today started with a close friendship, led to a close business partnership, and ended with a bombshell betrayal.
There is much truth in recovery models, but they tend to lack specificity around betrayal and fail to detail what acceptance and integration look like over the very long run. So hereâs one guyâs journey. I hope you never feel this pain. If you have or do, I hope this helps.
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My brand promise in this newsletter is to provide shortcuts to success. And today, Iâm sharing a juicy one that Iâve learned across thirty years of buying and selling professional services:
Make sure your business is important to the service provider you hire. And almost always, the size of the check you writeâcompared to other clientsâis the measure of importance.
Over on Substack, I tell the story of how I learned this the hard wayârepeatedlyâat my agency and share some tips for service business clients and providers.
Instead of pitching my own businesses, in this episode, Iâm highlighting some of my favorite up-and-coming professional service providers. Iâve been lucky to meet and work with so many folks who Iâm confident will deliver for you.
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I wasnât planning to write this week. But a tiny nothingness struck me that made me feel something special.
It was just this broken signâŠthat someone sprayed with orange paint to help pedestrians avoid its danger.
It doesnât matter who specifically did it.
All that matters is We Did It.
We care.
Despite our many faults and broken internal algorithms, we have this going for usâwhich is nice.
Iâm thankful for all of the little things we do to help each other counter the entropy in the universe.
That ugly, broken orange metal stump is a sign of something beautiful.
Happy Thanksgiving
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Today, I share my podcast conversation with Mark Mearsâan author, consultant, and enlightened leader.
After a career in senior marketing roles such as Pizza Hut, McDonaldâs, and The Cheesecake Factory, Mark turned a major disappointment into an opportunity to fully follow his calling.
He shares inspiring messages about the best behavior of team leaders and provides insights on his shift from C-level VIP to consulting solopreneur.
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No one starts a company expecting to be sued by their biggest competitor. Maybe we shouldâŠ
Almost no one publicly shares what itâs like to go through it when it happens. But today, Iâm opening the vault to share my experience defending against a punch below the belt.
Just push play to hear the whole storyâŠ
And if you have a moment, please share this post with an entrepreneur you know. Small business owners need all the help they can get against competitors lacking honor. My story might come in handy when a lawsuit lands in their laps.
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âAllergies are a secret plague to millions of people. We deserve to breathe, and we founded Wyndly to help you.â
It's a pretty darn good elevator speech.
Today, I share my podcast conversation with Aakash Shah, a first-time founder who is building a startup in an enlightened way. There are at least three reasons why I think youâre going to enjoy this episode:
If youâre early in your career or thinking about launching your own business, Aakash shares a journey and tips that might help you get a head start.
Wyndly is a fascinating example of a tech-enabled service that re-thinks the typical business model.
Aakash reminds us that our companies have a greater responsibility to their customers, especially in healthcare.
We agreed that success looks like reaching just one person. Maybe thatâs you!
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Iâve been sitting on a couple of posts that I am particularly excited aboutâbut Iâm stopping everything to share a story from a friend that motivates the hell out of me.
There are jerk bosses, and there are really awful, horrible bosses. This is about the latter.
Business philosopher Naval describes our purpose in life: âTo reverse local entropy.â Thatâs a short and fancy way of saying: âThe world is always going to s**t, so grab a shovel and do your part to improve it while youâre here.â
Jerk bosses are just one of the many ways that things can seem to turn to s**t. Those of us in business can reverse local entropy. Be a great leaderâand put the jerks out of business.
You ARE significant, and we need you to keep reaching for that shovel each day.
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The biennial BLINK light show returned to Cincinnati last weekend. Itâs a time when our city literally shines, and we are united in a love for the town and its creativity.
The event reminded me of the time my team took the initiative to boost our startup culture by painting our office walls during a dark time.
Whether itâs a struggling company or a city with challenges, investing to spruce things up is not necessarily painting over problems.
Problems cannot be solved overnight and are often out of our control. But taking action to improve our surroundings can spark feelings of pride. Pride can give us the confidence and energy to move past fear and dig into solving our problems.
Celebrating success is essential, as is celebrating our existence together.
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Today I've got a special treat: a discussion with Evan LaPointe, a 5x company founder who is on a mission to help us bring a better mental game to the workplace. His current company, CORE Sciences, is a modern, science-driven way of training and coaching your team to be their best.
We had a wide-ranging and fast-moving discussion about a new mental model for leadership. Some teasers from our conversation:
âI served a 3.5-year sentence at Adobe.â
âYou can be the bestâ
âModern leadership is mental-first.â
âManager: First, do no harm.â
Just push play and enjoy!
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Don't let your assumptions about others' greatness kick you in the ass.
My story of the Big Agency pitch and learning that everyone is making things up as they go along.
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Ever heard of The Costanza Principle? Itâs another piece of genius from Seinfeld. As you might recall, itâs the realization that when every decision you make fails, the right path might be to do the opposite.
I learned this the hard way in my first startup experience.
We did everything our investors, peers, and industry stars said we should doâand we completely sh*t the bed.
This is my story of learning an even more profound lesson in the writing processâthat my Fear prevented me from seeing reality and doing the right thingâŠ
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Yes, I am a nerd. But I also care about inspiring entrepreneurs.
After watching a promising founder give up on their dream before giving it a try, I thought about the stories that will now never be told.
And I wondered...Where would we be without stories of the Heroâs Journey?
So, this is a short sort of fan fictionâan alternative story of The Hobbit in which Bilbo refuses the call to adventure.
Apologies to JRR, but perhaps an inspiration for you.
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This is a guest post by my friend Paul Koop, a father who recently founded his first software startup.
What started with a text exchange led to Paul taking me up on the idea of sharing his early impressions of the startup journeyâand its similarity with early parenthood.
A key theme: Youâre never really âready.â
Check out Paulâs post. As a bonus, in this podcast version, we have a sit-down conversation that Iâm sure youâll enjoy.
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As a startup founder, advisor, mentor, and investor, Iâve seen thousands of early-stage pitch decks. Sometimes, there is a slide listing the team members, usually at the end.
But any decent investor knows that the quality of the founding team is what youâre betting on with the first few checks.
Whatâs missing is, by far, the more important: character.
In this post, I share how investors of time and moneyâall of usâcan better evaluate the character of the people we work with.
With better assessment, we avoid enormous pain and sufferingâand spend more time with high-character people who rub off positively on the rest of us.
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