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Sorry, you'll have to be patient with me.

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Your audio quality is not coming through well,

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but your value does come across well.

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So it sometimes may seem like we're interrupting each other

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or we're overlapping each other,

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but I think there's just some weird internet demon

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that does not want us to talk well.

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So just letting you know that in case

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it helps us with our banter a little bit.

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Not a problem.

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Awesome, man.

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Well, Chris, I'm happy to have you on the show

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and what are you most excited about sharing today?

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You know, just trying to help people in the B2B space,

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grow their accounts and grow their margins

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because I do believe margin is the root

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of success for small businesses.

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Absolutely, what's your one secret weapon

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for how to do that?

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Relationships.

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Oh, it was concise too.

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Yeah, for sure.

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It's all about relationships and business,

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you know, taking the time and the effort

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and investing it back into the existing organization.

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All right, welcome in to Vision Pros Live.

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With Jackson Calame, I'm your show host.

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We'll be doing interviews for visionary entrepreneurs

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and guest leaders who are building

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fantastic visions out there.

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And pros, welcome to another episode of Vision Pros Live.

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I'm your host, Jackson Calame, founder and CEO

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of First Class Business.

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And I'm excited to have Chris Klaus on the show today.

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I'll go into his intro in just a minute

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without skipping the fact that we got some awesome sponsors

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to be talking about.

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So we got ColdClick.

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This is a system that we use for our LinkedIn automation.

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It helps protect us as we implement automation

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to attract great people to work with us and talk to us.

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Now, when I say attract, I am actually talking about

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utilizing very warm messages to make sure

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that you're not just shoving your offers

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down people's throat.

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And that's my tip and trick to you

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is just be a normal human being.

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When you reach out to people,

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let people study your profile.

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If your profile shows that you're an expert,

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they may want to talk to you

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if you show up as a genuine human being.

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But the process of automation also makes sure

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that we're able to distribute our message

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to more and more people and attract said great leaders.

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So the tool is never the problem.

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The tool is a resource.

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And how we choose to utilize the resource

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is either a problem or a blessing.

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Water can drown people,

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but water can also provide tremendous blessings to people.

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And that actually makes me need to stop for a moment.

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I actually would like to give a brief moment of silence.

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I don't know if you are paying attention to the news

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and what's going on, but Israel is now in a war

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with Hamas and Palestine is also affected by it.

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I don't want to take sides

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in really any relationships in life.

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We are all brothers and sisters on this planet,

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and not all of us know that,

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but I just want to make sure that if you haven't heard

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the news, it's something that you should really be looking

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at and paying attention to.

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And there's more unfortunate news

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that we are also probably not aware of.

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And that's that Afghanistan was hit by an earthquake.

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And according to initial reports,

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2000 people died in said earthquake.

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Another report said 800, whether it was one person or 800,

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the loss is obviously devastating

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for those closest and affected by it.

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So if you would, I won't be silent during this actually,

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I'll use the time productively,

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but maybe just have your thoughts and prayers with people,

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but also consider if you know a link

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of how people can help effectively, please share it

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in the comments.

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If you are in a position to help out,

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then go look for the links

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and how can you help those circumstances.

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But the world's been going through a lot of darkness

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in a lot of different ways for thousands of years.

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Let's not sugarcoat it.

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We don't necessarily live in an exceptional time.

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And at the same time we do.

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And so with that said,

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we're going to enjoy this episode of Vision Pros.

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We're going to compartmentalize this experience,

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find our abilities to help in that cause outside

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of sharing the awareness on the microphone,

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but also we're going to dive in to the blessing

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that we have of being able to host Chris

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and learn from his experience as a tech wizard.

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He's like Bill Nye, the science guy, but better looking.

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And he helps with business,

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not just basic facts about physics and chemistry.

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So that'll be fun.

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Anyway, I'm going to dive into TapMental now a little bit.

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There's Chris, there's our Bill Nye.

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So the tapmental.io is a client of ours.

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And I've been super impressed with David Goodall

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and the types of results that he's able to get for clients

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who are looking for operational help.

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Him and Chris probably have a very harmonic overlap

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in the way that they both do things.

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What I love about David is his ability to get

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into the emotional healing within the founders

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of said ventures and help them recognize

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that overcoming their trauma,

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overcoming their experiences at a deeper level

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will root out the core problems

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that are ultimately holding back their ability to scale,

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which then affects his ability to put workflow processes

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and systems in place that make the most sense

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for said companies.

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So feel free to check out ColdClick and TapMental.

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And last but not least, the Water Project.

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I'm a huge fan of the Water Project.

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And no matter what else is going on in the world,

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it breaks my heart.

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There are people that do not have access

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to clean drinking water.

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And every day we've got an opportunity to step up

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and help out with this by giving a dollar

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or again, raising awareness for people who are less aware

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of the realities that some people face out there.

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And I feel fortunate enough that I need to spread the word

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about that as well and help people understand

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that you have an opportunity not only to give back,

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but to also see how your dollar goes

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towards helping the community you chose to support.

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And I think that's really cool.

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I don't know too many organizations

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that were doing that as soon as the Water Project

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started doing it.

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And it just gives us that transparency.

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You know, I was like, okay, my support is going

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to a community that's actually in need.

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And I get to see the outcome of said experience.

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So anyway, let's get Chris on the show now.

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And Chris, Klaus, I'm excited to talk to you.

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All things tech, all things business,

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whatever we can cram into the next 30, 45 minutes,

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we will absolutely do just that.

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So Chris, Klaus, thank you for joining me

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on Vision Pros Live.

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Let me pull you up.

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There we go.

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Now you're on.

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I'm excited to be here, Jackson.

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Absolutely.

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So we're going to be showing some of your websites

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as we talk.

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You have quite a few ventures that you're involved in.

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Kilo feet, you've got SAS Rock,

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you've got the Realty Tech,

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where you're teaching about AI and how to utilize that.

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You know, I guess with all of that under your belt,

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knowing that we're talking to visionary entrepreneurs,

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people who can also envision themselves as market leaders,

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who should be listening today?

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Why should they listen to you?

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And what are they going to get out of today's show?

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All right.

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I think the thing we're going to talk about the most

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is probably account expansion.

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So I would say that people who would benefit the most

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are B2B executives, salespeople, and or owners.

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They should listen because I've helped expand accounts

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at the last several companies that I've worked at,

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as well as for my consultants, my clients.

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And they're going to learn some techniques

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that will help them do that.

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And when I say expand accounts,

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I mean, take an account from 30,000 to 200,000,

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take an account from 400,000 to 3 million.

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You know, these kinds of processes take work.

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But I think most small business owners

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spend far too much time trying to acquire new leads

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instead of investing in the accounts that they already have.

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Well said.

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That will be fun to unpack.

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And I think you just nailed the second piece pretty well,

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which is what is your vision for those that you serve?

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You hit some of the tangible outcomes of that,

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which is awesome.

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What do you hope that leads to for your clients?

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Margin.

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So I really do believe that if you invest right

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and you can grow accounts,

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you have a long-term scalable and sustainable business.

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So you can have margin and you can be protected

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from the ups and the downs and the cycles that exist

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because you're not a transactional company at that point.

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You're a relationship company and your clients,

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your partners will stay with you through thick and thin

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if you do the same for them.

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Let me have some limiting belief fun

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and twist your words a little bit.

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So you make people rich and greedy, right, with margins.

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No, but go ahead.

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Help somebody understand that heard that,

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what it is you mean again.

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I don't believe without margin,

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you can actually invest in your clients

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and your relationships.

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If you operate at a single digit margin,

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you can't go above and beyond.

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You can only provide the service you already provide.

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But if you start to increase or less, yeah.

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But if you increase your margins,

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you actually allow yourself the opportunity

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when you see an opportunity to invest in that account

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and to help the client even more.

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So margin begets quality.

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I'm a big, big believer in that.

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And I think you can always be the Walmarts of the world

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chasing the single digit margins,

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or you can be the Apple of the world

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and be chasing double digit or triple digit,

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well, double digit margins.

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But because that double, that high,

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the 20 to 30 to 50% margins,

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those allow you to invest in your product,

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to invest in yourself, to invest in your clients.

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And ultimately the combination of those investments

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is what allows you to have a better product

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and a better customer experience.

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It's funny, man.

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I'm gonna dive a little deeper.

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I love that you use the generalized view of Apple

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and Walmart to depict this,

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because it's an easy concept for people to understand

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since you buy $1 items at Walmart

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versus buying, I don't know, $4,000 earbuds at Apple.

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So I get that.

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And for those of you who are listening in,

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Chris knows this as much as I do.

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And I appreciate, again, the oversimplification

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can be helpful to draw a correlation.

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But I also want everybody to catch the nuance

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that he and I know that, well, wait a second.

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Apple, I'm also an, I'm an Apple customer.

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I have iTunes, right?

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I don't pay a dime for iTunes, right?

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So I've got my free Walmart style product through them

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and they use that to get me into their bucket

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so they can continue to sell me things

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if I ever decide to go that route.

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And in the case of Android, same thing,

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Android, Apple, I don't care, I don't wanna fight.

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But the same thing, I get into their free stuff

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and then I end up with their higher ticket items.

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Walmart's the same way.

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00:11:51,300 --> 00:11:53,460
That's why Walmart is worldwide, right?

266
00:11:53,460 --> 00:11:56,020
You go and you buy the milk at a loss,

267
00:11:56,020 --> 00:11:58,700
but those plastic cups you're buying

268
00:11:58,700 --> 00:12:00,780
or those t-shirts on the rack that you're buying,

269
00:12:00,780 --> 00:12:04,820
the markup, the margin is phenomenal for that entity as well,

270
00:12:04,820 --> 00:12:06,900
which is why they're able to scale.

271
00:12:06,900 --> 00:12:10,220
And the key is finding somebody like Chris

272
00:12:10,220 --> 00:12:12,100
who helps you figure out how the heck do you do that

273
00:12:12,100 --> 00:12:14,860
for your brand, not getting distracted by the other brand?

274
00:12:14,860 --> 00:12:19,000
So what's your vision, Chris, for yourself in all of this?

275
00:12:22,500 --> 00:12:25,020
There's a Japanese word I'm probably gonna butcher it

276
00:12:25,020 --> 00:12:28,260
called ikikage, I believe, which is that intersection

277
00:12:28,260 --> 00:12:32,240
of your purpose, your vision, how you make money,

278
00:12:32,240 --> 00:12:35,260
what you're good at, and all of those different things.

279
00:12:35,260 --> 00:12:42,260
I truly love enabling individuals ikikage.

280
00:12:42,300 --> 00:12:46,020
That is cool that they have words to define things like that,

281
00:12:46,020 --> 00:12:49,420
like holistic ideas, rather than having to use

282
00:12:49,420 --> 00:12:50,840
a long phrase like us.

283
00:12:51,980 --> 00:12:54,980
That's why they sound so wise all the time.

284
00:12:54,980 --> 00:12:56,720
So, all right, let's dive in a little bit

285
00:12:56,720 --> 00:12:59,220
to that margin aspect, man, teach me, teach away.

286
00:12:59,220 --> 00:13:01,780
So how do you go from 30,000 to 200,000?

287
00:13:01,780 --> 00:13:03,600
What does that look like?

288
00:13:03,600 --> 00:13:06,100
Well, so it starts with like a process,

289
00:13:06,100 --> 00:13:08,900
and there are four different ways

290
00:13:08,900 --> 00:13:11,540
that you can make additional money.

291
00:13:11,540 --> 00:13:14,260
You can upsell, you can go through

292
00:13:14,260 --> 00:13:16,620
the traditional land and expand,

293
00:13:16,620 --> 00:13:19,180
you can start to offer tailored solutions

294
00:13:19,180 --> 00:13:21,820
when you have deep relationships with your clients,

295
00:13:21,820 --> 00:13:25,060
or you can offer new offerings based upon listening

296
00:13:25,060 --> 00:13:26,300
and hearing your clients.

297
00:13:26,300 --> 00:13:29,920
And one of the reasons that some of these processes

298
00:13:29,920 --> 00:13:32,820
require an investment is because you do have to spend time

299
00:13:32,820 --> 00:13:34,540
listening to your customers.

300
00:13:34,540 --> 00:13:36,260
And by the way, this is good product management,

301
00:13:36,260 --> 00:13:39,180
which is my background, this is good sales,

302
00:13:39,180 --> 00:13:40,540
and this is good everything.

303
00:13:40,540 --> 00:13:43,140
Listening to your customers is critically important.

304
00:13:44,380 --> 00:13:47,100
But it starts with really a process.

305
00:13:47,100 --> 00:13:48,900
I'm sure you've heard of quarterly business reviews,

306
00:13:48,900 --> 00:13:50,500
Jackson, right?

307
00:13:50,500 --> 00:13:52,140
Lots of big companies do them.

308
00:13:53,140 --> 00:13:55,160
But I think a lot of companies do them wrong.

309
00:13:55,160 --> 00:13:57,020
And what they do at a quarterly basis

310
00:13:57,020 --> 00:13:59,020
should actually be done on a monthly basis

311
00:13:59,020 --> 00:14:01,340
when they primarily speak with just the champion

312
00:14:01,340 --> 00:14:03,100
of the account.

313
00:14:03,100 --> 00:14:05,940
The champion, and you should be talking a lot,

314
00:14:05,940 --> 00:14:08,220
and you should be dealing with each other all the time.

315
00:14:08,220 --> 00:14:10,020
When you say the champion of the account,

316
00:14:10,020 --> 00:14:12,220
are you referring to the account executive

317
00:14:12,220 --> 00:14:13,340
who manages that account,

318
00:14:13,340 --> 00:14:15,840
or are you referring to the account themself?

319
00:14:15,840 --> 00:14:18,460
The account themselves, the champion of the account, right?

320
00:14:18,460 --> 00:14:20,100
Instead of doing that on a quarterly basis,

321
00:14:20,100 --> 00:14:22,900
that should be done on a monthly basis at a minimum.

322
00:14:22,900 --> 00:14:26,500
And then on the quarterly basis,

323
00:14:26,500 --> 00:14:28,400
the change is that you need to make sure

324
00:14:28,400 --> 00:14:31,040
that you're dealing with either other departments

325
00:14:31,040 --> 00:14:35,100
at the same level of that champion or the champion's boss.

326
00:14:35,100 --> 00:14:36,580
Because the quarterly business review

327
00:14:36,580 --> 00:14:40,580
should be about making the champion look good for using you.

328
00:14:40,580 --> 00:14:41,400
Okay, yeah, sorry.

329
00:14:41,400 --> 00:14:42,700
Let me just make sure I understood that.

330
00:14:42,700 --> 00:14:46,180
So the champion, you're referring to the account executive

331
00:14:46,180 --> 00:14:47,020
who manages it.

332
00:14:48,100 --> 00:14:51,220
I'm referring to the champion within the organization

333
00:14:51,220 --> 00:14:53,700
that's using your software, product or service.

334
00:14:53,700 --> 00:14:55,940
Oh, so the champion is the client.

335
00:14:55,940 --> 00:14:57,580
The champion is always the client.

336
00:14:57,580 --> 00:15:01,300
Who's championing you inside of the organization?

337
00:15:01,300 --> 00:15:05,540
And that's very rarely the CEO.

338
00:15:05,540 --> 00:15:10,260
Which means there's always another person higher

339
00:15:10,260 --> 00:15:13,860
or lateral that you can be expanding

340
00:15:13,860 --> 00:15:16,460
your opportunity inside of.

341
00:15:16,460 --> 00:15:18,540
And so one of the ways to do that

342
00:15:18,540 --> 00:15:21,140
is let's say you have an account

343
00:15:23,340 --> 00:15:25,900
with let's say North America,

344
00:15:25,900 --> 00:15:29,220
and you wanna pick up the South American side of a business.

345
00:15:29,220 --> 00:15:31,820
When you do a quarterly business review,

346
00:15:31,820 --> 00:15:34,020
it's an opportunity to have

347
00:15:34,020 --> 00:15:37,020
the North American business account manager

348
00:15:37,020 --> 00:15:40,220
potentially add in the South American business account

349
00:15:40,220 --> 00:15:43,140
or his boss, the global leader,

350
00:15:43,140 --> 00:15:44,540
and bring them in and say,

351
00:15:44,540 --> 00:15:46,180
these are the things we promised,

352
00:15:46,180 --> 00:15:48,220
these are the things we delivered.

353
00:15:48,220 --> 00:15:50,820
Our champion, you wanna make your champion look good.

354
00:15:50,820 --> 00:15:52,460
This is what the champion asked for.

355
00:15:52,460 --> 00:15:53,520
This is how we did it.

356
00:15:53,520 --> 00:15:54,940
This is how we improved.

357
00:15:54,940 --> 00:15:58,540
Here's the opportunities for improvement we see here.

358
00:15:58,540 --> 00:16:02,060
Is there anything we can do for you?

359
00:16:02,060 --> 00:16:04,820
And you've already had these dialogues with the champion.

360
00:16:04,820 --> 00:16:06,620
So you know what they need.

361
00:16:06,620 --> 00:16:09,100
What you don't know is what their boss wants

362
00:16:09,100 --> 00:16:10,740
or what their counterparts want.

363
00:16:10,740 --> 00:16:13,220
But having that conversation in front of those people

364
00:16:13,220 --> 00:16:17,140
is an amazing opportunity to make your champion look good.

365
00:16:17,140 --> 00:16:19,860
Hopefully you're helping him get a raise or a bonus.

366
00:16:19,860 --> 00:16:22,540
But it's also exposing you in a way

367
00:16:22,540 --> 00:16:24,740
that you could never get to those other people

368
00:16:24,740 --> 00:16:27,940
inside that company because your champion is the one

369
00:16:27,940 --> 00:16:31,340
that's helped guide and build and add

370
00:16:31,340 --> 00:16:33,620
the additional contacts and the additional leverage

371
00:16:33,620 --> 00:16:34,860
inside the organization.

372
00:16:35,860 --> 00:16:38,460
I'm a big believer in the concept, Chris, huge.

373
00:16:38,460 --> 00:16:40,700
One reason why is I'm usually,

374
00:16:40,700 --> 00:16:43,220
I was usually the champion within organizations

375
00:16:44,340 --> 00:16:46,660
that did the dirty work behind the scenes

376
00:16:46,660 --> 00:16:49,700
to get the systems to work and function.

377
00:16:49,700 --> 00:16:51,380
And there's nothing more frustrating

378
00:16:51,380 --> 00:16:52,940
than when you're dealing with a service provider

379
00:16:52,940 --> 00:16:55,260
that doesn't value your input.

380
00:16:55,260 --> 00:16:58,580
And you're trying to implement that software

381
00:16:58,580 --> 00:17:02,460
for the success of both the entity you represent

382
00:17:02,460 --> 00:17:05,980
and the software provider that you chose

383
00:17:05,980 --> 00:17:07,420
or that you decided to work with.

384
00:17:07,420 --> 00:17:10,100
So the client success manager role,

385
00:17:10,100 --> 00:17:12,260
some people would call it the CSM.

386
00:17:12,260 --> 00:17:14,940
I've seen that starting to take off

387
00:17:14,940 --> 00:17:17,100
a little bit more and more in the market.

388
00:17:17,100 --> 00:17:18,620
I think it's one of the best,

389
00:17:18,620 --> 00:17:22,620
one of the most important roles that companies can carve out.

390
00:17:22,620 --> 00:17:23,460
Go ahead.

391
00:17:23,460 --> 00:17:24,660
You got a hundred percent.

392
00:17:24,660 --> 00:17:26,300
No, I agree completely.

393
00:17:26,300 --> 00:17:29,580
And customer success managers are critically important.

394
00:17:29,580 --> 00:17:31,900
But one of the things I'm part of the process

395
00:17:31,900 --> 00:17:34,740
is understanding that your customer success team,

396
00:17:34,740 --> 00:17:37,900
your customer support team, your training department,

397
00:17:37,900 --> 00:17:42,460
and your sales team as four different organizations

398
00:17:42,460 --> 00:17:46,740
within side your organization can develop silos so fast.

399
00:17:46,740 --> 00:17:50,060
And so part of that process is every week,

400
00:17:50,060 --> 00:17:51,620
sure, you'll probably have a sales meeting

401
00:17:51,620 --> 00:17:53,660
where you view all your main accounts,

402
00:17:53,660 --> 00:17:56,460
but every month inside your organization,

403
00:17:56,460 --> 00:17:59,220
maybe a week before your monthly champion call,

404
00:18:00,380 --> 00:18:01,860
so you can be prepared for it,

405
00:18:01,860 --> 00:18:05,700
you have a account review with all your key accounts.

406
00:18:06,540 --> 00:18:07,380
I don't care what the,

407
00:18:07,380 --> 00:18:09,300
whatever the threshold is for your organization,

408
00:18:09,300 --> 00:18:11,100
maybe it's a hundred thousand a year

409
00:18:11,100 --> 00:18:14,260
and you only have to look at your top 20 accounts,

410
00:18:14,260 --> 00:18:18,740
but every single account gets its own dedicated meeting.

411
00:18:18,740 --> 00:18:21,420
And inside of that, the support department has to come

412
00:18:21,420 --> 00:18:25,260
with all the issues and an account issue analysis.

413
00:18:25,260 --> 00:18:27,220
The customer success department has to come in

414
00:18:27,220 --> 00:18:29,340
with the customer successes findings.

415
00:18:29,340 --> 00:18:31,860
Sales does the same, support does the same,

416
00:18:31,860 --> 00:18:34,100
all the departments come together

417
00:18:34,100 --> 00:18:37,820
and make a true understanding product as well.

418
00:18:37,820 --> 00:18:42,500
They build a true understanding of that customer's ethos

419
00:18:42,500 --> 00:18:44,580
and that customer, what the customer needs

420
00:18:44,580 --> 00:18:47,300
inside the organization cross-departmentally.

421
00:18:47,300 --> 00:18:50,220
You enable your sales manager, your account manager,

422
00:18:50,220 --> 00:18:53,460
your CSM, who's ever in charge of this process,

423
00:18:53,460 --> 00:18:58,460
to then have an effective call with the champion

424
00:18:59,100 --> 00:19:00,740
inside of the organization.

425
00:19:00,740 --> 00:19:02,180
And they get to say things like,

426
00:19:02,180 --> 00:19:06,060
hey, we did this customer support analysis

427
00:19:06,060 --> 00:19:07,220
and this is what we found.

428
00:19:07,220 --> 00:19:10,060
And because of that, well, I talked to the product guy

429
00:19:10,060 --> 00:19:12,660
because he was in my meeting, I talked to the product guy

430
00:19:12,660 --> 00:19:14,260
and we're going to make this tweak

431
00:19:14,260 --> 00:19:17,140
because we think it's going to improve the product for you.

432
00:19:17,140 --> 00:19:19,860
And now you've just escalated the idea

433
00:19:19,860 --> 00:19:24,580
of customer success, support, product development and sales

434
00:19:24,580 --> 00:19:26,940
and you've looped it all together

435
00:19:26,940 --> 00:19:29,900
through that one throat to choke of the account manager.

436
00:19:29,900 --> 00:19:32,300
And you've said all of my whole department,

437
00:19:32,300 --> 00:19:35,420
my whole company thinks you're important

438
00:19:35,420 --> 00:19:38,540
and we bubble it up and we review it all the time.

439
00:19:38,540 --> 00:19:41,220
And I'm having this conversation with our monthly basis,

440
00:19:41,220 --> 00:19:42,500
not a quarterly.

441
00:19:42,500 --> 00:19:44,820
And on the quarterly, what I'm going to ask you to do is

442
00:19:44,820 --> 00:19:46,540
I'm going to help you try to look good.

443
00:19:46,540 --> 00:19:48,060
So we're going to review and make sure

444
00:19:48,060 --> 00:19:50,380
that we can spin this in the best possible way

445
00:19:50,380 --> 00:19:53,420
because it's important that we both have success.

446
00:19:53,420 --> 00:19:55,140
And now how can I help you share that

447
00:19:55,140 --> 00:19:56,500
across your organization?

448
00:19:57,460 --> 00:20:01,580
Massive, massive value add when you can do that.

449
00:20:01,580 --> 00:20:03,540
But that's where I said, you have to have margin.

450
00:20:03,540 --> 00:20:06,380
Otherwise, you've got hours of time

451
00:20:06,380 --> 00:20:09,220
for a customer support person to do the analysis per account,

452
00:20:09,220 --> 00:20:10,860
hours of time for support.

453
00:20:12,540 --> 00:20:14,660
It's not a chicken and an egg.

454
00:20:14,660 --> 00:20:16,260
It's a chicken egg concept.

455
00:20:16,260 --> 00:20:19,020
You have to invest in your brand to win.

456
00:20:19,020 --> 00:20:21,580
You have to be willing to do what you need to.

457
00:20:21,580 --> 00:20:24,300
And sometimes we hold ourselves back because we say,

458
00:20:24,300 --> 00:20:27,220
well, I can't quantify the value of that.

459
00:20:27,220 --> 00:20:30,500
I can't quantify, there's no metrics to back.

460
00:20:30,500 --> 00:20:31,340
That's a lie.

461
00:20:31,340 --> 00:20:32,420
That's not true.

462
00:20:32,420 --> 00:20:35,220
However, in the effective executive,

463
00:20:35,220 --> 00:20:37,380
Dr. Peter Drucker talks about how you measure

464
00:20:37,380 --> 00:20:40,380
an executive based on quarterly performances.

465
00:20:40,380 --> 00:20:43,340
Meaning you got to give them at least four months

466
00:20:43,340 --> 00:20:46,140
to be able to begin to see what the types of results

467
00:20:46,140 --> 00:20:47,140
they might drive are.

468
00:20:47,140 --> 00:20:50,780
And a lot of times the beginning driver is uncomfortable.

469
00:20:50,780 --> 00:20:52,740
And so the results are actually going to be

470
00:20:52,740 --> 00:20:54,980
kind of funky looking in the first four months.

471
00:20:54,980 --> 00:20:56,220
Usually by month eight though,

472
00:20:56,220 --> 00:20:58,740
you have a pretty great idea of something like this

473
00:20:58,740 --> 00:21:00,140
is winning really well.

474
00:21:00,140 --> 00:21:04,340
And I would equate this to any sports person out there,

475
00:21:04,340 --> 00:21:09,340
or if you're not, consider looking up the man Dremond Green

476
00:21:09,700 --> 00:21:11,660
from the Golden State Warriors.

477
00:21:11,660 --> 00:21:13,020
And here's why.

478
00:21:13,020 --> 00:21:16,420
Dremond's job is not to make the most amount of points.

479
00:21:16,420 --> 00:21:18,780
It's not to block the most amount of shots.

480
00:21:18,780 --> 00:21:23,580
It's not to give any tangible KPI or metric

481
00:21:23,580 --> 00:21:25,820
to justify him being on the team.

482
00:21:25,820 --> 00:21:28,420
Yes, he does do those things and have some highlight games,

483
00:21:28,420 --> 00:21:30,020
but that's not why they love Dremond.

484
00:21:30,020 --> 00:21:35,020
Dremond's job is to be mean and it is to be in the way.

485
00:21:35,140 --> 00:21:37,620
He's just supposed to get in the way and affect people

486
00:21:37,620 --> 00:21:40,940
and their mindset and he's motivates the team too.

487
00:21:40,940 --> 00:21:42,940
Don't get me wrong, he's a great basketball player,

488
00:21:42,940 --> 00:21:46,220
but the stats don't necessarily show it.

489
00:21:46,220 --> 00:21:48,620
Now your customer success manager,

490
00:21:48,620 --> 00:21:50,100
their job is not to be mean.

491
00:21:50,100 --> 00:21:52,340
It's to be the exact opposite of that.

492
00:21:52,340 --> 00:21:53,980
It's to be kind.

493
00:21:53,980 --> 00:21:55,740
It's to listen to people.

494
00:21:55,740 --> 00:21:58,300
And I'm just incredibly bought into your concept, Chris,

495
00:21:58,300 --> 00:21:59,140
if you can't tell.

496
00:21:59,140 --> 00:22:00,740
I'm like, this is huge.

497
00:22:00,740 --> 00:22:03,500
And I don't see this happen enough

498
00:22:03,500 --> 00:22:06,900
because entrepreneurs and HR departments

499
00:22:06,900 --> 00:22:09,980
are scared to bring people in that don't fit

500
00:22:09,980 --> 00:22:14,100
within the metrics within one silo department.

501
00:22:14,100 --> 00:22:14,940
Amen.

502
00:22:14,940 --> 00:22:16,700
And actually I love the fact that you brought up

503
00:22:16,700 --> 00:22:17,700
the HR departments.

504
00:22:17,700 --> 00:22:19,380
So one of my biggest issue,

505
00:22:19,380 --> 00:22:21,340
and I saw this great tweet a few weeks ago

506
00:22:21,340 --> 00:22:24,060
about the death of SaaS, which is greatly exaggerated.

507
00:22:24,060 --> 00:22:25,700
Of course it is.

508
00:22:25,700 --> 00:22:27,500
But I really loved what he was saying

509
00:22:27,500 --> 00:22:30,620
and that is people don't buy technology,

510
00:22:30,620 --> 00:22:32,020
but we sell technology

511
00:22:32,020 --> 00:22:33,940
and that's not what we should be selling.

512
00:22:33,940 --> 00:22:36,340
We should be selling the three legs of the stool,

513
00:22:36,340 --> 00:22:39,140
which is we have the people, we have the process,

514
00:22:39,140 --> 00:22:41,980
and we have the technology to make you successful.

515
00:22:41,980 --> 00:22:44,260
And it's the combination of those three.

516
00:22:44,260 --> 00:22:45,100
Here's our point.

517
00:22:45,100 --> 00:22:46,220
Can I give one more base on that?

518
00:22:46,220 --> 00:22:47,060
Go ahead, go ahead.

519
00:22:47,060 --> 00:22:48,300
I got to do the plug, brother.

520
00:22:48,300 --> 00:22:49,140
I got to.

521
00:22:49,140 --> 00:22:52,380
And that's why I named this Vision Pros, right?

522
00:22:52,380 --> 00:22:55,860
Because it's the vision that attracts those elements

523
00:22:55,860 --> 00:22:57,300
to be there in the first place.

524
00:22:57,300 --> 00:23:00,980
But that's the problem is companies assume

525
00:23:00,980 --> 00:23:02,020
they understand all,

526
00:23:02,020 --> 00:23:04,660
they just want to sell their product or service or SaaS,

527
00:23:04,660 --> 00:23:05,500
right?

528
00:23:05,500 --> 00:23:06,580
And nobody cares about that stuff.

529
00:23:06,580 --> 00:23:09,660
Not unless you have that people, that culture,

530
00:23:09,660 --> 00:23:10,820
that vision to support it.

531
00:23:10,820 --> 00:23:11,660
Go ahead.

532
00:23:11,660 --> 00:23:12,480
Yeah, I like that.

533
00:23:12,480 --> 00:23:15,100
So you could even say that the vision is really the chair

534
00:23:15,100 --> 00:23:16,580
and the legs, right?

535
00:23:16,580 --> 00:23:19,540
The stool, the portion of that.

536
00:23:19,540 --> 00:23:21,940
Because you have to have a process.

537
00:23:21,940 --> 00:23:23,460
You have to, and it's got to be onboarding,

538
00:23:23,460 --> 00:23:24,700
it's got to be management,

539
00:23:24,700 --> 00:23:26,100
it's got to be account management.

540
00:23:26,100 --> 00:23:27,780
You have to have a process.

541
00:23:27,780 --> 00:23:29,220
You have to have the right people in place

542
00:23:29,220 --> 00:23:30,740
to make that process work.

543
00:23:30,740 --> 00:23:32,620
And then you have to have the technology.

544
00:23:32,620 --> 00:23:34,540
If you're just selling technology,

545
00:23:34,540 --> 00:23:37,420
you are selling a commodity that is replaceable.

546
00:23:37,420 --> 00:23:41,120
And that is one of my big, big true beliefs

547
00:23:41,120 --> 00:23:43,760
that if you're just selling the technology,

548
00:23:43,760 --> 00:23:45,620
you're selling a commodity.

549
00:23:45,620 --> 00:23:48,420
And I'm not in the commodity sales game.

550
00:23:48,420 --> 00:23:50,060
I'm in the relationship game.

551
00:23:50,060 --> 00:23:52,420
I'm in the building long-term value

552
00:23:52,420 --> 00:23:54,780
and unlocking long-term value.

553
00:23:54,780 --> 00:23:57,100
And that can only be done by doing this.

554
00:23:57,100 --> 00:23:59,880
So one of my clients that I was just working with,

555
00:24:01,040 --> 00:24:03,260
we were working on engagement and, you know,

556
00:24:03,260 --> 00:24:04,820
I think they had a client somewhere

557
00:24:04,820 --> 00:24:06,460
in the 30,000 a year range.

558
00:24:06,460 --> 00:24:10,300
And I talked about how to walk through this process.

559
00:24:10,300 --> 00:24:14,740
And we built plans around how to do some of the things

560
00:24:14,740 --> 00:24:16,380
that we just talked about.

561
00:24:16,380 --> 00:24:17,780
And over the course of six months,

562
00:24:17,780 --> 00:24:20,540
I'm pretty sure they signed the contract

563
00:24:20,540 --> 00:24:22,700
before our engagement ended,

564
00:24:24,140 --> 00:24:28,300
with greater than like an 8X size increase.

565
00:24:29,420 --> 00:24:31,180
But the thing is, to your point, Jackson,

566
00:24:31,180 --> 00:24:32,140
which I think is great,

567
00:24:32,140 --> 00:24:34,340
you said it can take about eight months.

568
00:24:34,340 --> 00:24:36,860
It took probably the full six months, right,

569
00:24:36,860 --> 00:24:39,300
for them to start to see a change in the client

570
00:24:39,300 --> 00:24:42,140
and then to start the contract negotiation

571
00:24:42,140 --> 00:24:44,420
and get that all taken care of.

572
00:24:45,620 --> 00:24:49,140
But the reality is, at a level of an investment you make,

573
00:24:50,620 --> 00:24:52,500
they actually had to bear the cost

574
00:24:52,500 --> 00:24:54,500
because there wasn't margin in the account to do that.

575
00:24:54,500 --> 00:24:56,060
And they were willing to take that risk

576
00:24:56,060 --> 00:24:57,800
because guess what?

577
00:24:57,800 --> 00:24:59,380
Just hearing about it,

578
00:24:59,380 --> 00:25:01,700
Jackson, you can see Jackson's enthusiasm, right?

579
00:25:01,700 --> 00:25:04,220
It's like, this just makes sense.

580
00:25:04,220 --> 00:25:05,340
And if you're not doing this

581
00:25:05,340 --> 00:25:07,940
and you don't have the margin to do this,

582
00:25:07,940 --> 00:25:10,300
try it and see if you can figure out,

583
00:25:10,300 --> 00:25:11,980
because those things always happen.

584
00:25:11,980 --> 00:25:12,980
You always can.

585
00:25:12,980 --> 00:25:15,220
You cannot make your excuses,

586
00:25:15,220 --> 00:25:18,020
the reason why you don't do the right thing.

587
00:25:18,020 --> 00:25:18,860
Agreed.

588
00:25:18,860 --> 00:25:20,100
But I think the point is,

589
00:25:20,100 --> 00:25:23,440
you have to hear from your customer real words,

590
00:25:23,440 --> 00:25:26,900
real listening, and you have to provide the value

591
00:25:26,900 --> 00:25:30,340
for them to learn about the upsell chances, right?

592
00:25:30,340 --> 00:25:33,300
Or to learn about the expansionary chances,

593
00:25:33,300 --> 00:25:35,980
or to build something tailored and custom to them.

594
00:25:37,100 --> 00:25:39,460
And I think a lot of times people hear like,

595
00:25:39,460 --> 00:25:41,380
hey, they wanna have super high margins

596
00:25:41,380 --> 00:25:43,660
because SaaS is great, which guess what?

597
00:25:43,660 --> 00:25:45,900
Service companies have been the bread and butter

598
00:25:45,900 --> 00:25:47,400
of America for a long time.

599
00:25:47,400 --> 00:25:49,440
SaaS has been around for what, 30 years?

600
00:25:50,940 --> 00:25:55,940
So it's, service is not a bad or dirty word,

601
00:25:56,340 --> 00:25:59,100
but you can lump it into a recurring contract

602
00:25:59,100 --> 00:26:02,380
and extract some of that value from a multiple perspective,

603
00:26:02,380 --> 00:26:04,100
if that's what you're worried about,

604
00:26:04,100 --> 00:26:07,520
by saying, hey, we're gonna sell you the software,

605
00:26:07,520 --> 00:26:12,420
it's 10 grand a year, but in that 10 grand,

606
00:26:12,420 --> 00:26:14,580
I'm making up the numbers because it doesn't matter,

607
00:26:14,580 --> 00:26:17,860
you're gonna get a hundred hours of customization,

608
00:26:17,860 --> 00:26:21,220
or training, or support, or whatever thing.

609
00:26:21,220 --> 00:26:23,780
You can just make it part of the software bundle

610
00:26:23,780 --> 00:26:26,780
that they have some labor that's associated with it.

611
00:26:26,780 --> 00:26:31,520
So that way you're developing and providing the solution,

612
00:26:31,520 --> 00:26:34,940
and you're not worried about margin counting necessarily.

613
00:26:36,540 --> 00:26:39,460
I mean, I will say, if a company attempts

614
00:26:39,460 --> 00:26:42,380
to go this route half-heartedly, they're gonna burn.

615
00:26:43,300 --> 00:26:44,260
It's not gonna work.

616
00:26:44,260 --> 00:26:47,180
You have to be willing to actually listen

617
00:26:47,180 --> 00:26:50,460
and implement this with, it's a fall of faith

618
00:26:50,460 --> 00:26:51,780
that you take when you do this,

619
00:26:51,780 --> 00:26:53,940
you can't do it half-heartedly, it will not work.

620
00:26:53,940 --> 00:26:56,660
And here, I'm gonna give a couple of examples.

621
00:26:56,660 --> 00:26:57,900
Is that cool with you?

622
00:26:57,900 --> 00:27:02,380
Yeah, I'd love to agree and disagree with you in a second.

623
00:27:02,380 --> 00:27:04,820
Sweet, I'm down with that, always.

624
00:27:04,820 --> 00:27:07,580
So two of the companies that I see implementing

625
00:27:07,580 --> 00:27:12,580
this style of training and growth are Trainual,

626
00:27:12,900 --> 00:27:17,380
T-R-A-I-N-U-A-L.com, they do a phenomenal job

627
00:27:17,380 --> 00:27:21,180
of building out a support process that is wicked cool,

628
00:27:21,180 --> 00:27:23,420
and a vision for what it is that they're doing.

629
00:27:23,420 --> 00:27:27,300
And you can just tell they have that success manager

630
00:27:27,300 --> 00:27:28,900
built into the process by the way

631
00:27:28,900 --> 00:27:30,540
they onboard the new clients.

632
00:27:30,540 --> 00:27:33,060
One company that I see stepping up in this regard

633
00:27:33,060 --> 00:27:36,220
and kind of making new moves is Canva.

634
00:27:36,220 --> 00:27:38,260
Canva's got commercials coming out like crazy

635
00:27:38,260 --> 00:27:41,420
on YouTube and on TV, and you can just see, again,

636
00:27:41,420 --> 00:27:44,180
the dedication to focus in their culture.

637
00:27:44,180 --> 00:27:46,780
But you can also visually watch the expansion

638
00:27:46,780 --> 00:27:49,100
of these brands over time because of what's happening.

639
00:27:49,100 --> 00:27:53,940
Now, I saw another company that was failing miserably

640
00:27:53,940 --> 00:27:56,580
to implement a client success, and they needed one.

641
00:27:56,580 --> 00:27:59,100
They did not have one, they had these silo problems,

642
00:27:59,100 --> 00:28:02,460
and the company was named Traffic and Funnels.

643
00:28:02,460 --> 00:28:06,940
And Traffic and Funnels was run by some very, very smart,

644
00:28:06,940 --> 00:28:09,780
very good leaders in the world.

645
00:28:09,780 --> 00:28:11,340
I tend to think they are.

646
00:28:11,340 --> 00:28:15,140
And at the same time, the customer service was abysmal.

647
00:28:15,140 --> 00:28:15,980
It was awful.

648
00:28:15,980 --> 00:28:19,300
And they brought in somebody who I feel like did

649
00:28:19,300 --> 00:28:24,300
the best job they could as a client success manager,

650
00:28:24,300 --> 00:28:29,020
given that the existing culture did not respect

651
00:28:29,020 --> 00:28:31,020
the reality of a client success manager.

652
00:28:31,020 --> 00:28:32,380
And that was Tyler Chambliss.

653
00:28:32,380 --> 00:28:34,820
She did a phenomenal job of coming in

654
00:28:34,820 --> 00:28:38,940
and trying to right the ship, but she did it alone.

655
00:28:38,940 --> 00:28:40,740
And it became more and more obvious.

656
00:28:40,740 --> 00:28:42,420
And I was just a client of theirs, right?

657
00:28:42,420 --> 00:28:44,380
So I wasn't a consultant with them

658
00:28:44,380 --> 00:28:46,860
and I worked behind the scenes, but you can see certain things

659
00:28:46,860 --> 00:28:48,980
unfold, especially as an entrepreneur.

660
00:28:48,980 --> 00:28:51,580
Like, you just have the ability to know, oh, red flags here

661
00:28:51,580 --> 00:28:52,620
and there and there.

662
00:28:52,620 --> 00:28:59,100
But I watched her try so hard to go all in as the client success

663
00:28:59,100 --> 00:29:02,780
manager, and I could see that the feedback we were giving,

664
00:29:02,780 --> 00:29:05,220
the community was giving, it was all on a Facebook group

665
00:29:05,220 --> 00:29:06,540
where you could see what was happening.

666
00:29:06,540 --> 00:29:09,180
It was pretty obvious that she had almost no support

667
00:29:09,180 --> 00:29:11,500
in the process of delivering.

668
00:29:11,500 --> 00:29:14,340
Granted, she did certainly make waves

669
00:29:14,340 --> 00:29:16,860
that provided an improvement to what they did.

670
00:29:16,860 --> 00:29:18,980
But I have to digress on that.

671
00:29:18,980 --> 00:29:21,980
I don't feel like they adopted fully or came even close.

672
00:29:21,980 --> 00:29:25,460
And I would say the proof is that they no longer exist.

673
00:29:25,460 --> 00:29:26,660
The brand got shut down.

674
00:29:26,660 --> 00:29:27,780
It's gone.

675
00:29:27,780 --> 00:29:30,220
So those are the three different elements.

676
00:29:30,220 --> 00:29:32,060
I just want if you're going to do this,

677
00:29:32,060 --> 00:29:34,580
don't go in as the doubting Thomas.

678
00:29:34,580 --> 00:29:36,020
I don't think you're going to win

679
00:29:36,020 --> 00:29:37,580
if you go in with extreme doubts.

680
00:29:37,580 --> 00:29:39,580
You're going to self-sabotage the experience,

681
00:29:39,580 --> 00:29:40,100
in my opinion.

682
00:29:40,100 --> 00:29:41,540
But Chris, hit it.

683
00:29:41,540 --> 00:29:43,260
What do you feel is wrong about that,

684
00:29:43,260 --> 00:29:45,180
and what can you add to it?

685
00:29:45,180 --> 00:29:46,860
I was going to say, I agree and disagree.

686
00:29:46,860 --> 00:29:48,860
You can't do it half-heartedly.

687
00:29:48,860 --> 00:29:51,420
However, you can organizationally

688
00:29:51,420 --> 00:29:52,260
do it half-heartedly.

689
00:29:52,260 --> 00:29:55,060
And what I mean by that is you don't have to deploy it

690
00:29:55,060 --> 00:29:56,740
to all your accounts.

691
00:29:56,740 --> 00:29:59,180
In fact, there should be a gating mechanism

692
00:29:59,180 --> 00:30:02,300
that says only accounts that meet this threshold

693
00:30:02,300 --> 00:30:03,820
should get this.

694
00:30:03,820 --> 00:30:06,620
But when you first start, you can literally

695
00:30:06,620 --> 00:30:10,740
pick a single account and say, I can make the investment

696
00:30:10,740 --> 00:30:13,420
for a single account because this is my most important

697
00:30:13,420 --> 00:30:16,660
account already, and I want them to be happy.

698
00:30:16,660 --> 00:30:18,980
So that is the half-hearted.

699
00:30:18,980 --> 00:30:21,300
You can't do it in a single account half-hearted,

700
00:30:21,300 --> 00:30:23,780
but you can do one account instead of 50 accounts.

701
00:30:23,780 --> 00:30:26,260
That's semantics.

702
00:30:26,260 --> 00:30:28,900
Because I think you're going wholeheartedly

703
00:30:28,900 --> 00:30:30,900
for that one account.

704
00:30:30,900 --> 00:30:34,500
But you're not investing in the scale of the experience yet,

705
00:30:34,500 --> 00:30:35,100
which I love.

706
00:30:35,100 --> 00:30:37,740
That's a great point that sometimes we

707
00:30:37,740 --> 00:30:40,180
try to eat the whole elephant at once.

708
00:30:40,180 --> 00:30:42,820
You got to eat one elephant one bite at a time.

709
00:30:42,820 --> 00:30:45,540
Yeah, one bite at a time.

710
00:30:45,540 --> 00:30:46,300
I like that.

711
00:30:46,300 --> 00:30:47,900
You got to eat it one bite at a time.

712
00:30:47,900 --> 00:30:48,900
I couldn't agree more.

713
00:30:48,900 --> 00:30:50,980
And I really, in fact, that's one of the things

714
00:30:50,980 --> 00:30:54,660
that I would suggest frequently is starting with one

715
00:30:54,660 --> 00:30:57,980
to three accounts that are the most important to a small

716
00:30:57,980 --> 00:31:00,060
company and a gating.

717
00:31:00,060 --> 00:31:01,460
A lot of companies that are going

718
00:31:01,460 --> 00:31:02,820
to be north of 10 million, they're

719
00:31:02,820 --> 00:31:05,220
going to have parts of these processes in place.

720
00:31:05,220 --> 00:31:07,820
But it's those companies that are not 1 to 10 million range

721
00:31:07,820 --> 00:31:10,660
that haven't really figured out the scaling that

722
00:31:10,660 --> 00:31:13,140
benefit the most from putting this stuff together.

723
00:31:13,140 --> 00:31:15,500
I heard it called the seven-figure desert,

724
00:31:15,500 --> 00:31:17,140
and it made me chuckle.

725
00:31:17,140 --> 00:31:19,300
In a room alone, I was like, oh my gosh,

726
00:31:19,300 --> 00:31:23,260
that is so incredibly accurate.

727
00:31:23,260 --> 00:31:27,740
So Chris, let's dive in to the next principle.

728
00:31:27,740 --> 00:31:29,180
In fact, I'll show this on my screen.

729
00:31:29,180 --> 00:31:30,220
We'll skip a couple questions.

730
00:31:30,220 --> 00:31:31,340
We might come back to them.

731
00:31:31,340 --> 00:31:34,420
But the next question is, what can other visionaries learn

732
00:31:34,420 --> 00:31:37,540
from your experience and trying to implement

733
00:31:37,540 --> 00:31:39,020
this within your brands?

734
00:31:39,020 --> 00:31:41,980
Your brands are a bit smaller than the, I think,

735
00:31:41,980 --> 00:31:42,620
the 10,000.

736
00:31:42,620 --> 00:31:45,020
I don't think you have 10,000 clients at Kilofeet,

737
00:31:45,020 --> 00:31:46,780
but I might be wrong.

738
00:31:46,780 --> 00:31:50,380
No, I'm on the real small side now,

739
00:31:50,380 --> 00:31:54,820
since I'm now a solopreneur consultant.

740
00:31:54,820 --> 00:31:59,460
But what can other visionaries learn from the experience?

741
00:31:59,460 --> 00:32:04,580
So cliche, but it's like, if you really, truly build

742
00:32:04,580 --> 00:32:09,620
relationships with people, you will truly have a better

743
00:32:09,620 --> 00:32:10,300
business.

744
00:32:10,300 --> 00:32:12,820
If you truly care about people, you will truly

745
00:32:12,820 --> 00:32:15,020
have a better business.

746
00:32:15,020 --> 00:32:20,540
For our largest clients, we had a monthly review

747
00:32:20,540 --> 00:32:25,300
with the champion, but we were on site typically

748
00:32:25,300 --> 00:32:27,180
at least once a quarter with them,

749
00:32:27,180 --> 00:32:29,380
or they were at our office once a quarter.

750
00:32:29,380 --> 00:32:33,540
And we were having working sessions with them

751
00:32:33,540 --> 00:32:36,900
very frequently, where we're diving in deep,

752
00:32:36,900 --> 00:32:40,100
and we're listening, and we're trying to understand them.

753
00:32:40,100 --> 00:32:45,660
It's just caring about people is good business.

754
00:32:45,660 --> 00:32:48,460
And that's probably the most powerful lesson

755
00:32:48,460 --> 00:32:52,700
that I could say is caring is good business.

756
00:32:52,700 --> 00:32:56,620
Yeah, I think that's, you can call it cliche.

757
00:32:56,620 --> 00:32:59,060
I think it's fundamental.

758
00:32:59,060 --> 00:33:02,780
And as a Spurs fan watching boring Tim Duncan my whole life,

759
00:33:02,780 --> 00:33:06,620
who's the big fundamental, that's what we love.

760
00:33:06,620 --> 00:33:07,700
That's what I'm all about.

761
00:33:07,700 --> 00:33:10,780
So somebody doesn't get that, I'm sorry for you.

762
00:33:10,780 --> 00:33:15,220
Moving on to a darker subject, what is your worst business

763
00:33:15,220 --> 00:33:16,860
experience ever?

764
00:33:16,860 --> 00:33:23,300
Well, after my first company scaled and we did exit,

765
00:33:23,300 --> 00:33:27,340
I joined a B2C company my first time.

766
00:33:27,340 --> 00:33:31,820
So one, not a big B2C fan, at least now.

767
00:33:31,820 --> 00:33:37,420
But two, we went through the Apple advertising fiasco

768
00:33:37,420 --> 00:33:39,220
and the privacy settings and all of that,

769
00:33:39,220 --> 00:33:42,420
and our cost acquisition like 10x in 30 days,

770
00:33:42,420 --> 00:33:46,300
which fundamentally broke the unit economics because we

771
00:33:46,300 --> 00:33:47,780
weren't a funded organization.

772
00:33:47,780 --> 00:33:49,980
I've always worked at bootstrapped organizations.

773
00:33:49,980 --> 00:33:52,220
I've always worked for smaller companies.

774
00:33:52,220 --> 00:33:55,100
And so it burned a little bit of our cash

775
00:33:55,100 --> 00:34:00,100
and was not a fun experience going through something

776
00:34:00,100 --> 00:34:03,700
like that where an outside market issue can really

777
00:34:03,700 --> 00:34:08,540
affect you in a fundamental way in a very short period of time.

778
00:34:08,540 --> 00:34:09,580
Absolutely.

779
00:34:09,580 --> 00:34:12,660
That's one of the interesting things about COVID

780
00:34:12,660 --> 00:34:16,980
is that it, in some respects, created a bit of unity

781
00:34:16,980 --> 00:34:20,180
and humility for everybody to understand that.

782
00:34:20,180 --> 00:34:25,020
There are external factors that can crush your hopes

783
00:34:25,020 --> 00:34:29,540
and dreams if you haven't factored in all

784
00:34:29,540 --> 00:34:32,140
the potential risks that exist in the world, which

785
00:34:32,140 --> 00:34:33,540
is impossible.

786
00:34:33,540 --> 00:34:36,940
I think it's fairly impossible to factor in every risk.

787
00:34:36,940 --> 00:34:40,220
But all the more reason to make sure your building would

788
00:34:40,220 --> 00:34:43,820
sound cliches, or I mean fundamentals.

789
00:34:43,820 --> 00:34:46,380
So what's your best experience in business?

790
00:34:49,980 --> 00:34:52,380
You know, taking the first company I worked at,

791
00:34:52,380 --> 00:34:55,900
you know, I started there, there was like 18 people.

792
00:34:55,900 --> 00:34:59,940
When I left, I don't know, maybe there was 80 or 100 people.

793
00:34:59,940 --> 00:35:04,100
And they were purchased by a PE firm.

794
00:35:04,100 --> 00:35:07,540
And the PE firm had started buying three or four

795
00:35:07,540 --> 00:35:09,460
other companies and merging them altogether.

796
00:35:09,460 --> 00:35:12,660
But going through the process of taking a relatively small

797
00:35:12,660 --> 00:35:17,580
company that was older in terms of the way it functioned

798
00:35:17,580 --> 00:35:20,020
and helping transition them to SAS,

799
00:35:20,020 --> 00:35:25,660
and really build a long-term sustainable, scalable,

800
00:35:25,660 --> 00:35:28,220
recurring revenue-based business model.

801
00:35:28,220 --> 00:35:29,460
Which by the way, besides margin,

802
00:35:29,460 --> 00:35:31,860
recurring revenue is everything.

803
00:35:31,860 --> 00:35:36,420
So that was the best experience for me.

804
00:35:36,420 --> 00:35:40,660
But it was over a long 13, 14 year period.

805
00:35:40,660 --> 00:35:42,380
But the fundamentals of recurring revenue

806
00:35:42,380 --> 00:35:44,780
has stuck with me as well.

807
00:35:44,780 --> 00:35:46,820
Yeah, good for you.

808
00:35:46,820 --> 00:35:50,300
I think that's also extremely helpful.

809
00:35:50,300 --> 00:35:51,900
I can relate to your background on that.

810
00:35:51,900 --> 00:35:56,460
It's fun to see whether I work with them or not,

811
00:35:56,460 --> 00:35:58,420
whether they hate me or not.

812
00:35:58,420 --> 00:35:59,940
I have some of those in the past too.

813
00:35:59,940 --> 00:36:02,700
What's fun to see is most of the businesses that I've worked

814
00:36:02,700 --> 00:36:05,420
with are still operating to this day.

815
00:36:05,420 --> 00:36:09,740
And they are doing better than during the time

816
00:36:09,740 --> 00:36:10,820
where we work together.

817
00:36:10,820 --> 00:36:12,740
And I got to be part of that scale process

818
00:36:12,740 --> 00:36:14,020
and that foundational process.

819
00:36:14,020 --> 00:36:15,900
So it is.

820
00:36:15,900 --> 00:36:16,660
It's exciting.

821
00:36:16,660 --> 00:36:20,660
And it's like, how do you not want more of that?

822
00:36:20,660 --> 00:36:24,500
So I got the startup addict thing in me as well.

823
00:36:24,500 --> 00:36:27,260
Well, I love relationships, as you can clearly

824
00:36:27,260 --> 00:36:28,620
tell from all my conversations.

825
00:36:28,620 --> 00:36:30,340
And I worked there for 13 years.

826
00:36:30,340 --> 00:36:32,860
So most of the people were there before I

827
00:36:32,860 --> 00:36:34,220
started dating my wife.

828
00:36:34,220 --> 00:36:38,380
Most of them were there helping me plan the proposal.

829
00:36:38,380 --> 00:36:40,460
They all came to my wedding.

830
00:36:40,460 --> 00:36:44,260
They were there when I had my daughter.

831
00:36:44,260 --> 00:36:47,700
So it's always building the relationships

832
00:36:47,700 --> 00:36:49,700
is not just with your clients, but it's also

833
00:36:49,700 --> 00:36:51,780
with your coworkers.

834
00:36:51,780 --> 00:36:54,660
Which I think that was a huge part of the reason why

835
00:36:54,660 --> 00:36:57,740
that it was such a good experience for me.

836
00:36:57,740 --> 00:36:59,980
And one of the sad things to happen out of COVID

837
00:36:59,980 --> 00:37:05,380
is the loss of some of that deeper relationship function

838
00:37:05,380 --> 00:37:07,340
inside of the work environment.

839
00:37:07,340 --> 00:37:09,220
Absolutely.

840
00:37:09,220 --> 00:37:10,660
There is a contrast.

841
00:37:10,660 --> 00:37:13,260
I had to learn that over time.

842
00:37:13,260 --> 00:37:17,700
So I wasn't gifted with that mindset.

843
00:37:17,700 --> 00:37:20,140
And I didn't do what I needed to do

844
00:37:20,140 --> 00:37:23,180
to earn that mindset in my earlier years

845
00:37:23,180 --> 00:37:26,460
of running companies.

846
00:37:26,460 --> 00:37:28,140
I don't want to say it was transactional,

847
00:37:28,140 --> 00:37:30,140
but I just wasn't quite aware of all the things

848
00:37:30,140 --> 00:37:34,140
that one should do to respect, foster, cultivate, build

849
00:37:34,140 --> 00:37:36,140
your relationships with people.

850
00:37:36,140 --> 00:37:39,420
So given that you've been working on that for so long,

851
00:37:39,420 --> 00:37:45,220
what are some of the key aspects of building

852
00:37:45,220 --> 00:37:48,020
a strong relationship, a healthy relationship with your peers

853
00:37:48,020 --> 00:37:48,660
and your clients?

854
00:37:51,740 --> 00:37:53,860
I'm going to go back to fundamentals.

855
00:37:53,860 --> 00:37:56,740
The number one fundamental that I believe everything

856
00:37:56,740 --> 00:38:02,580
is based off of is setting accurate expectations

857
00:38:02,580 --> 00:38:06,140
and then communicating against those expectations.

858
00:38:06,140 --> 00:38:08,020
We said we were going to do x.

859
00:38:08,020 --> 00:38:09,100
We did y.

860
00:38:09,100 --> 00:38:11,980
Here's how we went above and beyond.

861
00:38:11,980 --> 00:38:15,420
Or unfortunately, here's how we missed.

862
00:38:15,420 --> 00:38:18,940
And this is how we're going to remediate it.

863
00:38:18,940 --> 00:38:24,180
So just having good quality conversations,

864
00:38:24,180 --> 00:38:27,180
just having good quality communications,

865
00:38:27,180 --> 00:38:31,620
but they're all predicated upon a basic fundamental of what

866
00:38:31,620 --> 00:38:35,140
is the expectation of our relationship.

867
00:38:35,140 --> 00:38:37,100
And obviously, we're talking primarily now

868
00:38:37,100 --> 00:38:38,820
on the client relationship.

869
00:38:38,820 --> 00:38:41,180
But it's also true of personal relationships and even

870
00:38:41,180 --> 00:38:43,180
business relationships with coworkers.

871
00:38:43,180 --> 00:38:47,380
What is my expectation of you?

872
00:38:47,380 --> 00:38:49,540
Or what is your expectation of me?

873
00:38:49,540 --> 00:38:52,900
And how we need to communicate when we go above or beyond

874
00:38:52,900 --> 00:38:55,060
or when we go under.

875
00:38:55,060 --> 00:38:57,340
And we need to figure out ways of fixing that.

876
00:38:57,340 --> 00:38:59,380
It's just basics.

877
00:38:59,380 --> 00:39:01,780
But the basics of that communication

878
00:39:01,780 --> 00:39:04,220
will take you so, so far.

879
00:39:04,220 --> 00:39:04,820
Yes.

880
00:39:04,820 --> 00:39:08,980
And I want to work with you on this live,

881
00:39:08,980 --> 00:39:12,940
because I've got a different paradigm.

882
00:39:12,940 --> 00:39:13,660
Go ahead.

883
00:39:13,660 --> 00:39:19,060
And my paradigm is less common in the world.

884
00:39:19,060 --> 00:39:22,900
So it makes for an interesting reality.

885
00:39:22,900 --> 00:39:25,220
I cannot agree with you more about the setting

886
00:39:25,220 --> 00:39:29,140
accurate expectations part as something that truly helps

887
00:39:29,140 --> 00:39:30,700
most relationships in this world.

888
00:39:30,700 --> 00:39:37,380
And I, on the flip side, I believe expectations are of ice.

889
00:39:37,380 --> 00:39:38,660
I believe expectations.

890
00:39:38,660 --> 00:39:39,940
I love what Shakespeare said.

891
00:39:39,940 --> 00:39:42,860
Expectations are the root of all heartache.

892
00:39:42,860 --> 00:39:45,420
And I've felt that very, very deeply.

893
00:39:45,420 --> 00:39:48,060
So I believe in aspirations.

894
00:39:48,060 --> 00:39:50,300
And I believe we should definitely aspire

895
00:39:50,300 --> 00:39:51,220
to get things done.

896
00:39:51,220 --> 00:39:54,260
And we should make space at the same time for the fact

897
00:39:54,260 --> 00:39:57,140
that life doesn't usually go perfectly.

898
00:39:57,140 --> 00:40:01,340
And so there's a lot of mercy baked into my belief set

899
00:40:01,340 --> 00:40:03,660
and a lot of forgiveness baked into it.

900
00:40:03,660 --> 00:40:06,820
I also see a lot of people torture themselves

901
00:40:06,820 --> 00:40:11,180
in life over trying to achieve expectations for somebody else

902
00:40:11,180 --> 00:40:13,220
in order to kind of people please them.

903
00:40:13,220 --> 00:40:16,540
And there's this middle ground that exists in all this.

904
00:40:16,540 --> 00:40:17,980
And there's a lot of ideas.

905
00:40:17,980 --> 00:40:22,820
But I would rather work with somebody

906
00:40:22,820 --> 00:40:25,940
who abides by great principles myself

907
00:40:25,940 --> 00:40:27,180
and not even worry.

908
00:40:27,180 --> 00:40:28,820
I don't worry about the expectation.

909
00:40:28,820 --> 00:40:31,220
I worry about the aspiration of what we're headed towards.

910
00:40:31,220 --> 00:40:33,140
And as long as they're showing up and providing

911
00:40:33,140 --> 00:40:37,180
the fundamentals of success, then aspiration to me

912
00:40:37,180 --> 00:40:42,180
is just a healthier way of quantifying an expectation.

913
00:40:42,180 --> 00:40:43,980
But I'm not going to be mad at you at the end

914
00:40:43,980 --> 00:40:46,500
because I know that as long as you did your part,

915
00:40:46,500 --> 00:40:47,660
we're good to go.

916
00:40:47,660 --> 00:40:50,380
But that doesn't work in a world where expectations

917
00:40:50,380 --> 00:40:52,100
dominate business.

918
00:40:52,100 --> 00:40:53,540
It doesn't always work that well.

919
00:40:53,540 --> 00:40:55,580
So I would love your thoughts on that.

920
00:40:55,580 --> 00:40:59,820
Well, one, my gut reaction is I love it.

921
00:40:59,820 --> 00:41:02,380
And I would have loved to have been a situation where clients

922
00:41:02,380 --> 00:41:05,180
were that flexible and generous.

923
00:41:05,180 --> 00:41:07,820
But I think the reality is, especially

924
00:41:07,820 --> 00:41:11,180
if you start targeting Fortune 500 or larger enterprises,

925
00:41:11,180 --> 00:41:13,460
enterprise software has a lot of value.

926
00:41:13,460 --> 00:41:16,340
But it comes with expectations.

927
00:41:16,340 --> 00:41:19,780
Delivery by this time period and this time period or this.

928
00:41:19,780 --> 00:41:22,420
And there's quarterly results that they care about.

929
00:41:22,420 --> 00:41:25,260
And there's just some realities of business

930
00:41:25,260 --> 00:41:27,700
where expectations become important.

931
00:41:27,700 --> 00:41:31,340
However, I think part of that relationship structure

932
00:41:31,340 --> 00:41:36,180
that we're talking about is the flexibility of communicating.

933
00:41:36,180 --> 00:41:38,900
And it's not that it is transactional in nature.

934
00:41:38,900 --> 00:41:41,140
But if you go above and beyond a bunch of times

935
00:41:41,140 --> 00:41:44,340
and then you miss a couple of times,

936
00:41:44,340 --> 00:41:47,700
your relationship has built up enough to survive that.

937
00:41:50,780 --> 00:41:52,660
And by the way, communicating early and often

938
00:41:52,660 --> 00:41:54,100
is the most important thing.

939
00:41:54,100 --> 00:41:56,660
If you know you're not going to deliver by Friday,

940
00:41:56,660 --> 00:42:01,580
tell them on Monday, don't wait until Friday to not deliver it.

941
00:42:01,580 --> 00:42:03,860
And so part of that is setting expectations

942
00:42:03,860 --> 00:42:06,380
and communicating around that.

943
00:42:06,380 --> 00:42:08,580
I think it's a reality business.

944
00:42:08,580 --> 00:42:14,500
Probably internally, if you have the luxury or the grace

945
00:42:14,500 --> 00:42:16,700
to be able to do it internally to your coworkers,

946
00:42:16,700 --> 00:42:18,500
absolutely aspirations.

947
00:42:18,500 --> 00:42:20,900
If you're talking about family and friends, aspirations,

948
00:42:20,900 --> 00:42:23,020
I would say 100%.

949
00:42:23,020 --> 00:42:26,260
I don't know if I could get it.

950
00:42:26,260 --> 00:42:29,540
It would certainly be harder to sell a system around aspirations

951
00:42:29,540 --> 00:42:34,060
and sort of guarantee success.

952
00:42:34,060 --> 00:42:38,060
Expectations become a reality for a lot of companies.

953
00:42:38,060 --> 00:42:38,780
Right.

954
00:42:38,780 --> 00:42:40,460
Yeah, I look at guaranteed success,

955
00:42:40,460 --> 00:42:44,060
and I look at COVID or the Titanic and think, yeah,

956
00:42:44,060 --> 00:42:46,540
look at how far that got you.

957
00:42:46,540 --> 00:42:50,020
So it's but I'm with you on it.

958
00:42:50,020 --> 00:42:54,300
And it's funny because you taught me something super valuable.

959
00:42:54,300 --> 00:42:57,340
And that's that you have to know your audience, right?

960
00:42:57,340 --> 00:42:59,500
And the different factors of the audience.

961
00:42:59,500 --> 00:43:02,660
And you might have certain relationship rules

962
00:43:02,660 --> 00:43:05,260
and boundaries with different entities in your life

963
00:43:05,260 --> 00:43:06,420
than with others.

964
00:43:06,420 --> 00:43:10,180
If you want to be an expansive influence, for instance,

965
00:43:10,180 --> 00:43:14,260
then you've got to be willing to tolerate things that may not

966
00:43:14,260 --> 00:43:17,180
be part of your core.

967
00:43:17,180 --> 00:43:19,900
Tolerate conversations that may not be conversations

968
00:43:19,900 --> 00:43:22,260
you want to have.

969
00:43:22,260 --> 00:43:24,580
And so I'm grateful because I can

970
00:43:24,580 --> 00:43:29,580
see that for the scale of first class business, for instance,

971
00:43:29,580 --> 00:43:31,780
for a scaled market and a message where

972
00:43:31,780 --> 00:43:36,940
we don't get to educate people right away on aspirations,

973
00:43:36,940 --> 00:43:39,620
it's important for that product or service

974
00:43:39,620 --> 00:43:43,180
to meet the demand of expectations.

975
00:43:43,180 --> 00:43:47,020
But those people can be nurtured through a process

976
00:43:47,020 --> 00:43:49,740
of inspiration that creates a conditioning

977
00:43:49,740 --> 00:43:55,140
for them to start moving towards a lifestyle aspirations.

978
00:43:55,140 --> 00:43:56,580
And I do think there are clients,

979
00:43:56,580 --> 00:43:59,100
there are companies out there, great companies, Fortune 500.

980
00:43:59,100 --> 00:44:03,060
I would say MindBody is a great example of a scaled out company

981
00:44:03,060 --> 00:44:06,300
that from what I've seen, does a pretty great job of gearing

982
00:44:06,300 --> 00:44:08,620
towards aspirations versus expectations.

983
00:44:08,620 --> 00:44:11,660
And Jake Larson at VideoPower, I was grateful for him as a leader.

984
00:44:11,660 --> 00:44:13,660
That guy did such an excellent job

985
00:44:13,660 --> 00:44:17,660
of helping everybody understand aspirations.

986
00:44:17,660 --> 00:44:19,140
But it's a little bit more rare.

987
00:44:19,140 --> 00:44:20,460
You have to be more patient.

988
00:44:20,460 --> 00:44:21,260
I would agree.

989
00:44:21,260 --> 00:44:24,500
But I think to pick on two companies we talked about

990
00:44:24,500 --> 00:44:26,860
earlier, Walmart and Apple, they're

991
00:44:26,860 --> 00:44:29,060
polar opposite companies.

992
00:44:29,060 --> 00:44:32,180
But neither they're both massively expectation

993
00:44:32,180 --> 00:44:36,220
and deadline and high quality outcomes based.

994
00:44:36,220 --> 00:44:38,220
I don't think you would ever get either of those

995
00:44:38,220 --> 00:44:40,700
to be aspirational in nature.

996
00:44:40,700 --> 00:44:43,140
That would be like, don't challenge somebody

997
00:44:43,140 --> 00:44:44,820
who's a contrarian to go after that.

998
00:44:44,820 --> 00:44:48,460
But yeah, that would be a very big uphill battle.

999
00:44:48,460 --> 00:44:51,020
All right, Jackson, I want to see on your next episode

1000
00:44:51,020 --> 00:44:53,780
how you've changed Apple.

1001
00:44:53,780 --> 00:44:54,340
Right.

1002
00:44:54,340 --> 00:44:56,460
I'd have to use Apple first.

1003
00:44:56,460 --> 00:45:00,100
But I don't like crappy software, so I don't use it.

1004
00:45:00,100 --> 00:45:03,020
Oh.

1005
00:45:03,020 --> 00:45:04,100
I'm hanging up now.

1006
00:45:04,100 --> 00:45:05,420
You're hanging up on me.

1007
00:45:05,420 --> 00:45:06,700
All right.

1008
00:45:06,700 --> 00:45:07,820
Chris, this was awesome.

1009
00:45:07,820 --> 00:45:11,380
And Vision Pros, if you have any questions for either one of us

1010
00:45:11,380 --> 00:45:14,500
about product scale, if you want to know more

1011
00:45:14,500 --> 00:45:17,100
about Chris's companies, we'll have those links

1012
00:45:17,100 --> 00:45:17,780
in the show notes.

1013
00:45:17,780 --> 00:45:19,860
Cynthia's done a great job of sharing those as well

1014
00:45:19,860 --> 00:45:21,340
in the comments.

1015
00:45:21,340 --> 00:45:24,180
So we thank her for her support on this episode.

1016
00:45:24,180 --> 00:45:26,540
And Chris, what's the best way for people to reach out

1017
00:45:26,540 --> 00:45:28,060
and get in touch with you?

1018
00:45:28,060 --> 00:45:32,580
On kilofeet.com, I do have a thing

1019
00:45:32,580 --> 00:45:35,900
where people can sign up and just start a chat.

1020
00:45:35,900 --> 00:45:39,140
And we can talk to each other and see if we can help each other.

1021
00:45:39,140 --> 00:45:39,940
Awesome.

1022
00:45:39,940 --> 00:45:40,460
Absolutely.

1023
00:45:40,460 --> 00:45:42,300
Well, Chris, you've been an excellent guest.

1024
00:45:42,300 --> 00:45:43,700
I appreciate you being on the show.

1025
00:45:43,700 --> 00:45:46,420
And Vision Pros, thank you so much for being here today.

1026
00:45:46,420 --> 00:45:48,260
We will see you on the next episode.

1027
00:45:48,260 --> 00:45:49,300
Take care, everybody.

1028
00:45:49,300 --> 00:45:50,740
Thank you for being here today.

1029
00:45:50,740 --> 00:45:53,220
I'm really happy that you tuned in to Vision Pros Live.

1030
00:45:53,220 --> 00:45:55,860
I'm looking forward to seeing your reactions

1031
00:45:55,860 --> 00:45:58,180
as these episodes continue to move forward.

1032
00:45:58,180 --> 00:45:59,860
This is going to get more and more fun.

1033
00:45:59,860 --> 00:46:01,740
We'll have more and more engagement as well.

1034
00:46:01,740 --> 00:46:03,780
We'll invite people to participate in the show.

1035
00:46:03,780 --> 00:46:06,140
And thank you for giving us your time and attention.

1036
00:46:06,140 --> 00:46:16,780
Have an excellent time.

