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right now?

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Well, the really most exciting one

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is actually when we provided essentially a product

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development team and helped a client who is not

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a digital client create their first digital offering.

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And it took us about 14 months.

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And now it is actually beginning to gain traction.

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They've signed up a bunch of customers,

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and they're very excited and looking forward to us

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helping with some similar projects.

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So it's pretty gratifying to help someone

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transform themselves.

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That's awesome.

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Are you able to mention what field of service?

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Yeah, it's health care.

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So it's a health care well-known brand,

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but not well-known in the digital space.

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Yeah.

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You know, most successful brands, most aren't.

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I will say that.

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I'm not saying there aren't successful digital companies.

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Obviously, some of the world's best are digital companies.

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But it's often amazing how many digital people

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think there's no world outside of the online space,

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even though they live in it.

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It's true.

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You get wrapped up in your own world, and I know the feeling.

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But it's wonderful to explore and see

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some of these other companies that the technology isn't

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in their vocabulary.

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So they don't really know how to talk to people,

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how to engage with people with technology.

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And frankly, even how to use technology.

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So it's been a great experience, and we're

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grateful for the client.

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And they're happy, and so are we, which is what you want.

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That's awesome.

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Yeah, product development and transitioning online

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can be a scary path.

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So that's really neat that they have enjoyed the process

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and understood that it takes a timeline

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to pull something like that off.

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I'm sure it took some leadership to get done.

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Let's dive into resources.

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So what three books or resources do you

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recommend for other visionaries out there?

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That's an important question.

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So I've been thinking about that because I get this question

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occasionally.

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And I'm going to give you three books, and one of which

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I just finished.

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So I'll go back and forth in terms of more current and ones

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that are a little more, let's just say, classics, I guess.

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So I'll start with a book called Emotional Intelligence.

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There's a current version of it called EQ 2.0 by Daniel Goldman.

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And that book to me is one of the most important books

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in my career.

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It starts off with a discussion about how

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a couple of different people had to close large offices

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of companies and fly out to a location

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and tell the people there.

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And it really explains how you can do that well,

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which is an awful situation to be in for those people,

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and how you can do it poorly.

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And the contrast is remarkable.

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And so I felt like that book early in my career

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was really important to teaching me

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how to be essentially in the bad news business

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as a manager of people without creating

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the kind of angst and anger at management

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that often happens when you don't do it well.

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Right.

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Are you saying there's going to be bad news in life?

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Well, it's funny.

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I try to think of all the times when

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I've gotten to deliver good news as a manager.

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And really, it's primarily around promotions and things

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of that nature.

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But more often than not, unfortunately, it's

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having to say, hey, we're not doing as well as we could,

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or look, this is something we need to look at.

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And it's how you message it.

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It's how you follow through.

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It's how you talk to people.

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It was really a great book to help me, frankly,

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not just at work, but in my personal life too.

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So I feel like I've got it.

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I got to get it.

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Everyone.

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I mean, we as human beings, we have

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to learn how to say happy birthday appropriately

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to people.

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We've got to learn how to put energy into the good.

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Therefore, we also like, if that's hard for us,

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then how much harder is it to learn how to deliver the bad

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news in a great way?

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You're exactly right.

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That book's not amazing.

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Exactly.

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You're trying to remember the things about people

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that you know make them who they are.

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And that way, when you're talking with them,

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you don't obviously introduce a lot of personal information

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in the workplace, but even just little things like, oh,

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I remember somebody said that one of their daughters

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was trying to travel to a certain country and did that.

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And I just kind of think, bring them, hey,

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how did that trip go?

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And you don't have to make it a big conversation.

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But it's really interesting.

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The book is a fabulous read.

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And Daniel Goldman is clearly a superstar in that area.

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That's amazing.

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What are your other two?

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Sorry, I made you go long on that.

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No problem.

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The other two, the second one is a book that I just finished.

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It's called Quiet, The Power of Introverts in a World

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That Can't Stop Talking.

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And what's fascinating about it, it's written by Susan Cain.

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What's fascinating about this book is, being an introvert

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myself, but being coached out of it like many people have been

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over the years, it was interesting looking

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at the history of how we got here.

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So I'll just give you one little fact.

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The premise of the book is introverts

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have tremendous capabilities, especially working alone,

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but even in teams in an interesting way.

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So one of the interesting facts in the book

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was, all the presidents, with a few exceptions,

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before the 1900 in the United States were introverts.

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And all the presidents after 1900 in the United States,

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most of them were extroverts.

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And the reason for that goes back to the introduction

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of the Dale Carnegie speaking tour that started around 1905.

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So Teddy Roosevelt was the first real extrovert

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that started the process.

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There you go.

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All right.

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Perfect.

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It's an OG, OG lead magnet right here.

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This is circa 1936.

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There you go.

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There you go.

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So it's a fascinating book, a lot of interesting data.

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There are stories that I just love in there.

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And I'm really happy I read that one.

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So that's a good one.

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The one that is probably the most impactful of any book

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I have ever read as a person who is in business

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is called First Break All the Rules, What the World's

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Greatest Managers Do.

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And that book is written by Marcus Buckingham.

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And in fact, Adobe's first management training courses

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some years ago were based on that book.

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And the premise is we spend a lot of time

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trying to make ourselves and our companies

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the kind of people and places where

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if we're not doing something well,

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we focus on how do we do that better.

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When in fact, after talking to 80,000 managers

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before writing this book, Marcus Buckingham

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learned that we should be focusing

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on the things we do well and strengthening those

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because we are good at those.

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And those strengths, both as companies and individuals,

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really make us much better at what we do generally

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than if we focused on trying to do something we'll never

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be good at or we'll only get marginally better at.

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Doesn't mean you should give up.

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But you shouldn't be in a situation

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where you're spending all your energy trying to make yourself

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something you're not.

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I guess that's the best way to describe it.

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I love that.

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That's huge.

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So two things I gather from that.

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One, I'm a big fan of the book Strengths Finder 2.0,

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which is built upon the backbone of that book, I'm sure.

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And I'm sure they studied that as they were creating it.

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And it did change my life when I learned that.

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And two, on the flip side for you,

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visionaries listening in, the irony for first class business,

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when I finally got the right design team,

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but also that came from finally learning how to lead

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and be a better leader to my teammates,

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one of our greatest strengths and assets

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is our design and production capabilities.

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I have zero.

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Zero skill in either of those facets.

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But the team does.

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That's what they're great at.

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So as a visionary versus a manager,

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it is worth considering, do you have the ability

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to lead and guide people who are great at what they do?

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And can you stay out of the way of their ability

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to perform on that?

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Because I call our design department

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the heart and soul of our business.

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I've seen it in the reaction of clients.

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And I'm like, man, this copy is amazing.

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People look at the page, they're like, how many pages is it?

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And I'm like, oh, that sucks.

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Nobody gets excited about copy.

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Nobody gets excited about a bridge that's being built

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long-term because you have to wait

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and see if the bridge works.

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But design, like with a right designer, oh my gosh.

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And our clients and team members are like, that's amazing.

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And I'm like, cool, that's crazy.

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So I got a question for you.

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So emotional intelligence, Daniel Goldman,

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and then yes, I do see emotional intelligence 2.0,

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but I see Travis Bradbury and Jean Greaves.

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Are those different books?

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They are the more current one.

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Marcus Buckingham, I believe, wrote the first one.

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I might have gotten help, but he was the primary author.

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You said Marcus for first break all the rules, right?

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Yes, first break all the rules with the great.

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Daniel Goldman for emotional intelligence, right?

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Correct.

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OK, and so get the first one and the second one.

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Is that correct?

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Yes, I would suggest that.

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Very good.

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Both of which are excellent.

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I mean, in both cases, they're just,

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these are sort of tried and true ways of working and believing.

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And if suddenly human beings turned

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into some other animal, we might be different.

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But we're sort of the same as we have been for a long time.

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So that's what those books rely on.

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We can count on that.

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You can count on us being right back as well, Vision Pros.

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We'll be back after the intro.

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We'll dive right into David Hirschfield's Vision

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for how he serves his audience.

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All right, welcome in to Vision Pros Live.

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I'm the Jackson Calame.

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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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Hey, what's up?

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And welcome in to another episode of Vision Pros Live.

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

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of First Class Business.

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We've got some excellent resources to put out there.

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I will say that David blew my mind with three books,

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one that I've heard of, two that I've never heard of.

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And considering I've asked over 200 guests what resources

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they recommend to visionaries out there,

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that's a huge treat.

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Plus the way he quantified it.

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I'm just excited to dive in and talk about his vision.

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But I am going to give a few more resources first.

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Two of them come in the form of sponsorships.

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One of them comes in the form of giving back.

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And we'll see what else they come up with and beyond that.

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Well, one other caveat.

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David and I are going to be talking about maximizing

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worldwide expertise at a fraction of the cost.

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This is about doing fractional work the right way.

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This is about making sure that also you don't fracture

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a company as you work with fractionals.

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I see that happen far too often.

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There's so much discord.

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There's not enough harmony amongst teams and departments.

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I'll get off my soapbox.

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David and I will talk about a little bit in just a minute.

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But in terms of sponsors, Melissa Gray from The Lost

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Bot, one of these sponsors, that's her.

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She is a client of ours.

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Recovery Unplugged is not.

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But both are entities that are doing amazing things.

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Melissa came onto this show.

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I highly recommend checking her episode out.

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And I've been searching for a lawyer that has a heart

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and a soul for a long time.

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No offense to lawyers who also have hearts and souls.

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But I've found that in the business world,

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you get condescended at.

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You don't get instructed in a way

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that you can understand it.

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We went through a $20,000 trademark battle

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at Restaurant Connect.

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I've been in situations where we've

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had to write demand letters, where we've had charge backs,

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where we've had Apple patent our software.

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That was, again, at Restaurant Connect.

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They literally patented our software.

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And when you have a legal source on retainer that you trust,

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you tend to make better decisions

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than when you need one at the last minute

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and you haven't thought through it.

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So my observation as somebody who's

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been through that type of a battle many times over the years

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is, why not be a wise steward and get ahead of the curve?

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Find somebody that you might mesh well with

301
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and see who your options are rather than being

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stuck in a desperate situation.

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So I hope that helps you.

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I hope you never need it, by the way.

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That would be the thing I would, of course,

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wish for your business.

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Then there's Recovery Unplugged with Andrew Sosin.

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Andrew Sosin also came on this show.

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And I was super impressed with him as a leader.

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He's been to the Tony Robbins event 22 times in a row.

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So if you're not a Tony Robbins fan,

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you might not care much for Andrew.

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But if you are a Tony Robbins fan,

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the dedication he has to helping people with healing

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and taking people to the next level is second to none.

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In addition, Recovery Unplugged is all about helping people

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overcome addictions that they're facing.

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That could be drugs and alcohol, of course.

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But some of us out here in the world

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have also gone through addictions of things like apps

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or Netflix or YouTube and binge watching series and stuff.

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Too many people out there want to escape their own life.

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Now again, if you're in that situation where that's hard,

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I'm not a therapist.

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I highly recommend calling their 24-7 hotline

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to figure out if you need help.

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Now the other thing that's cool about this

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is some of us just have friends or family members

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that suffer with addictions.

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And it's helpful to be able to call a hotline like this

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and ask for help for how do you intervene successfully?

332
00:14:01,720 --> 00:14:03,840
How do you do so or you cushion the blow

333
00:14:03,840 --> 00:14:06,660
and where you don't perhaps receive backlash

334
00:14:06,660 --> 00:14:09,040
and become collateral damage yourself in the process?

335
00:14:09,040 --> 00:14:11,360
I speak about that super reverently and sacred

336
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from a position of knowing what that's like

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00:14:14,960 --> 00:14:16,280
many times in my life.

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Not only for myself, but also going through that

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with family members in certain aspects.

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Feel free to ask me offline about any of that.

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I'm a pretty open book.

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00:14:25,680 --> 00:14:29,120
And I do know that our stories are often what inspire people

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00:14:29,120 --> 00:14:31,320
to affect great change in their lives.

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They have over 400 employees.

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They are in several different states.

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More importantly, with COVID,

347
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they were pressured to go to an online model.

348
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So now they're available worldwide.

349
00:14:40,620 --> 00:14:43,000
And Andrew Sosin is just a phenomenal leader.

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He just did a mastermind recently

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on Richard Branson's Island with him

352
00:14:47,720 --> 00:14:50,880
and Robert Kisaki from Rich Dad Poor Dad.

353
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So, some people would say,

354
00:14:53,500 --> 00:14:55,680
oh man, this guy likes to name drop.

355
00:14:55,680 --> 00:14:58,040
I do, I do like to name drop.

356
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I like to know who people are associated with

357
00:15:00,780 --> 00:15:02,640
and who they revere and respect

358
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and who they look up to as mentors,

359
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who they want to associate.

360
00:15:05,240 --> 00:15:07,140
Because it teaches me the principles.

361
00:15:07,140 --> 00:15:09,600
I can see shared principles across the board and say,

362
00:15:09,600 --> 00:15:11,120
yeah, that's the type of environment,

363
00:15:11,120 --> 00:15:14,640
the type of person I want to be building my life with too.

364
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So, without further ado,

365
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we're gonna dive into the water project.

366
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The water project is really,

367
00:15:20,080 --> 00:15:22,720
it's just a primary focus I have on this show

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00:15:22,720 --> 00:15:25,120
is I wanna give back to the 8 billion people

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who need a lot of help.

370
00:15:26,320 --> 00:15:27,960
One of the best ways I can do that,

371
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besides trying to exhaust my own resources,

372
00:15:30,520 --> 00:15:33,100
is also trying to make sure that I'm a microphone

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for those who haven't heard of situations

374
00:15:35,480 --> 00:15:36,520
and things like this.

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There are millions of people who don't have access

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to clean drinking water.

377
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I can go downstairs in a heartbeat

378
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and get clean drinking water.

379
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So, I feel like all of us who have a microphone,

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00:15:45,240 --> 00:15:47,520
if we wanna really maximize our life

381
00:15:47,520 --> 00:15:48,920
and opportunities in the world,

382
00:15:48,920 --> 00:15:51,520
then we can also look at our opportunity to give back.

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00:15:51,520 --> 00:15:52,720
What the water project does,

384
00:15:52,720 --> 00:15:54,440
it allows you to select a specific community

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you wanna help.

386
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You can donate however much money you want to.

387
00:15:57,080 --> 00:15:59,320
And what's really cool is they'll keep you updated

388
00:15:59,320 --> 00:16:01,300
with the project status and what they're doing.

389
00:16:01,300 --> 00:16:03,000
You get to see it come to fruition,

390
00:16:03,000 --> 00:16:04,600
where your dollar goes and how it's spent.

391
00:16:04,600 --> 00:16:06,240
I think that's super awesome.

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00:16:06,240 --> 00:16:08,360
And if you're not in a position to give back

393
00:16:08,360 --> 00:16:11,240
because COVID hit hard, the economy is down

394
00:16:11,240 --> 00:16:13,920
and things are just really tough on you and your family,

395
00:16:13,920 --> 00:16:15,840
then I'd ask for two things.

396
00:16:15,840 --> 00:16:19,140
One, I'd ask that you share this with others,

397
00:16:19,140 --> 00:16:20,840
because you never know who in your network

398
00:16:20,840 --> 00:16:24,040
might be the person who helps people get access to water.

399
00:16:24,040 --> 00:16:27,440
And two, well, two, I'll pray for you.

400
00:16:27,440 --> 00:16:28,400
Three, in addition to that,

401
00:16:28,400 --> 00:16:30,720
if you have another cause that you'd like us to support,

402
00:16:30,720 --> 00:16:31,860
maybe you've got a family member

403
00:16:31,860 --> 00:16:33,640
who's got a crowdfunding project,

404
00:16:33,640 --> 00:16:35,320
don't hesitate to drop that in the comments.

405
00:16:35,320 --> 00:16:37,240
Give us a chance to see if there's an opportunity

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00:16:37,240 --> 00:16:38,680
for us to serve you as well.

407
00:16:38,680 --> 00:16:40,040
And I'll be happy to dive in

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00:16:40,040 --> 00:16:42,120
and see how we can help make that happen.

409
00:16:42,120 --> 00:16:44,940
So without further ado, David Hirschfeld,

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00:16:44,940 --> 00:16:46,820
thank you for joining me on Vision Pros Live.

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00:16:46,820 --> 00:16:48,600
Let's dive right in.

412
00:16:48,600 --> 00:16:49,420
Sounds great.

413
00:16:50,360 --> 00:16:51,200
Awesome, man.

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00:16:51,200 --> 00:16:54,700
Well, we're gonna dive in with the most pointed question

415
00:16:54,700 --> 00:16:56,320
for the audience.

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00:16:56,320 --> 00:16:58,880
What's your vision for those that you serve?

417
00:17:00,320 --> 00:17:04,680
Well, it actually goes back to one of the books I mentioned.

418
00:17:04,680 --> 00:17:08,080
It's about focus on what's most important to you.

419
00:17:08,080 --> 00:17:13,080
And as an example, that focus is only as good

420
00:17:14,000 --> 00:17:18,140
as you can make it if you know how to take

421
00:17:18,140 --> 00:17:20,080
the distractions out of your way.

422
00:17:20,080 --> 00:17:22,680
So at a micro level, we know what that's like.

423
00:17:22,680 --> 00:17:24,420
We get distracted all day long, right?

424
00:17:24,420 --> 00:17:27,080
How do we focus on the things that matter the most?

425
00:17:27,080 --> 00:17:30,440
At a company level or in people who we work with,

426
00:17:30,440 --> 00:17:33,680
our clients, it's really the same thing.

427
00:17:33,680 --> 00:17:35,560
You're not a digital company,

428
00:17:35,560 --> 00:17:36,840
but you need to do digital work.

429
00:17:36,840 --> 00:17:39,160
How do you focus on the, like the healthcare example,

430
00:17:39,160 --> 00:17:41,600
how do you focus on the real thing that you do?

431
00:17:41,600 --> 00:17:43,080
And why don't you cede that other work

432
00:17:43,080 --> 00:17:44,360
to someone who's an expert

433
00:17:44,360 --> 00:17:45,700
so you don't have to worry about it?

434
00:17:45,700 --> 00:17:48,920
And we have this happen with information security,

435
00:17:48,920 --> 00:17:50,900
we have it with product development, all kinds of things.

436
00:17:50,900 --> 00:17:54,000
And that vision of focus, I think,

437
00:17:54,000 --> 00:17:58,780
it's harder and harder every day now for people to focus.

438
00:17:58,780 --> 00:18:01,200
It just is, and for companies to focus.

439
00:18:01,200 --> 00:18:02,320
So, right.

440
00:18:02,320 --> 00:18:06,200
Yeah, and that's how we help our clients, get them to focus.

441
00:18:06,200 --> 00:18:07,040
That's really neat.

442
00:18:07,040 --> 00:18:09,480
So it's almost, I don't wanna call it a narrowing

443
00:18:09,480 --> 00:18:13,040
of the vision because it's, focus isn't about narrowing.

444
00:18:13,040 --> 00:18:15,080
It's not about putting blinders on per se,

445
00:18:15,080 --> 00:18:19,840
but knowing that where you're looking and where you're going

446
00:18:20,840 --> 00:18:23,560
should align, the better we align those,

447
00:18:23,560 --> 00:18:25,480
the easier it is to make sure that

448
00:18:25,480 --> 00:18:28,440
we're not running into walls, tripping over rocks,

449
00:18:28,440 --> 00:18:29,600
running into challenges.

450
00:18:29,600 --> 00:18:30,680
And you mentioned something cool.

451
00:18:30,680 --> 00:18:32,280
I call it the digital identity.

452
00:18:33,320 --> 00:18:34,760
Not that I'm the only one who calls it that,

453
00:18:34,760 --> 00:18:39,760
but the digital identity is so easy to create these days.

454
00:18:39,920 --> 00:18:40,760
Yes.

455
00:18:40,760 --> 00:18:44,200
Right, you can create ugly babies really fast online

456
00:18:44,200 --> 00:18:47,680
that are not even close to representation of who you are.

457
00:18:47,680 --> 00:18:52,680
But worse yet, you can fabricate a very nasty facade,

458
00:18:53,640 --> 00:18:56,680
a very difficult to read through, see through facade

459
00:18:56,680 --> 00:18:59,600
and continually deceive, decept,

460
00:18:59,600 --> 00:19:01,680
and next thing you know, people aren't happy

461
00:19:01,680 --> 00:19:04,600
with what you're doing, how you've done things.

462
00:19:04,600 --> 00:19:06,800
You might create a much, much greater problem

463
00:19:06,800 --> 00:19:10,560
for your life long-term by going about that,

464
00:19:10,560 --> 00:19:13,560
the way that I see so many people on the market profess it.

465
00:19:13,560 --> 00:19:15,920
So I'm grateful that you talked about

466
00:19:15,920 --> 00:19:18,120
working with somebody who gets it.

467
00:19:18,120 --> 00:19:20,240
And I've heard from your stories already,

468
00:19:20,240 --> 00:19:22,560
as well as our pre-show, how much you really get that.

469
00:19:22,560 --> 00:19:24,400
We're gonna put a pin in that and come back to it.

470
00:19:24,400 --> 00:19:26,760
We're gonna talk about the fraction,

471
00:19:26,760 --> 00:19:28,280
how you do that at a fraction of the cost,

472
00:19:28,280 --> 00:19:30,400
how we work with people worldwide.

473
00:19:30,400 --> 00:19:33,640
First, I wanna know, what's your personal vision?

474
00:19:33,640 --> 00:19:35,000
Well, you know, it's interesting.

475
00:19:35,000 --> 00:19:38,000
I've used, I've worked on this for a long time.

476
00:19:38,000 --> 00:19:41,400
It just goes back to how do you know who you really are

477
00:19:41,400 --> 00:19:43,840
and what really gets you excited?

478
00:19:43,840 --> 00:19:48,360
My vision is very simply summarized in this phrase.

479
00:19:48,360 --> 00:19:52,360
I love helping people how learn how to help themselves.

480
00:19:52,360 --> 00:19:54,160
That's basically what I do.

481
00:19:54,160 --> 00:19:56,440
And I do that in my personal life too.

482
00:19:56,440 --> 00:19:58,360
In fact, my daughter, my youngest daughter

483
00:19:58,360 --> 00:20:00,360
told me not too long ago,

484
00:20:00,360 --> 00:20:02,920
she was talking to someone about having me

485
00:20:02,920 --> 00:20:04,560
having shown her how to do something.

486
00:20:04,560 --> 00:20:05,920
She's a sophomore in college.

487
00:20:05,920 --> 00:20:09,680
And her friend said, well, you know, that's how your dad,

488
00:20:09,680 --> 00:20:11,680
one way your dad expresses love

489
00:20:11,680 --> 00:20:13,360
is by showing you how to do something

490
00:20:13,360 --> 00:20:14,800
so that you can do it yourself.

491
00:20:14,800 --> 00:20:18,560
And that's infused in everything, business, personal,

492
00:20:18,560 --> 00:20:19,400
all of it.

493
00:20:20,360 --> 00:20:23,760
It just gives me a lot of joy to see someone

494
00:20:23,760 --> 00:20:26,040
do something that they couldn't have done before

495
00:20:26,040 --> 00:20:27,720
or perhaps they didn't know how to do it

496
00:20:27,720 --> 00:20:30,480
or perhaps they were scared or not confident.

497
00:20:30,480 --> 00:20:33,480
And when I'm able to contribute to that somehow,

498
00:20:33,480 --> 00:20:37,880
that leap, that vision of getting to a place

499
00:20:37,880 --> 00:20:39,560
where you haven't been before

500
00:20:39,560 --> 00:20:42,640
is really something important to me.

501
00:20:42,640 --> 00:20:43,480
I love that.

502
00:20:44,320 --> 00:20:45,160
I'm gonna build on that

503
00:20:45,160 --> 00:20:47,680
because visionary is listening in.

504
00:20:47,680 --> 00:20:49,480
If you haven't ever felt that before,

505
00:20:49,480 --> 00:20:52,120
that ability to teach somebody to do something

506
00:20:52,120 --> 00:20:54,080
and then watch them do it,

507
00:20:54,080 --> 00:20:56,800
that is a level of happiness, a level of joy,

508
00:20:56,800 --> 00:20:58,760
a level of peace and like confidence.

509
00:20:58,760 --> 00:21:01,120
So it's self assuring too of your own value.

510
00:21:01,120 --> 00:21:03,280
There's so much value you can get out of helping people.

511
00:21:03,280 --> 00:21:06,840
Now, if you have felt that and you want more of that,

512
00:21:06,840 --> 00:21:09,160
one of my secrets for that

513
00:21:09,160 --> 00:21:13,280
is to stop saying that things are common sense.

514
00:21:13,280 --> 00:21:15,640
It's one of the greatest things that you can do

515
00:21:15,640 --> 00:21:18,600
is to learn that the curse of knowledge tells us

516
00:21:18,600 --> 00:21:21,760
what we know is something everybody knows.

517
00:21:21,760 --> 00:21:23,600
What we've learned is something everybody else

518
00:21:23,600 --> 00:21:25,960
already knows and that's not true.

519
00:21:25,960 --> 00:21:28,520
So when we say like, obviously it works this way

520
00:21:28,520 --> 00:21:31,000
or well, that's common sense.

521
00:21:31,000 --> 00:21:34,080
We're robbing people of the opportunity to learn

522
00:21:34,080 --> 00:21:37,880
what we have learned through years of experience

523
00:21:37,880 --> 00:21:39,040
that we may take for granted.

524
00:21:39,040 --> 00:21:41,400
So that's one trick I would give to people

525
00:21:41,400 --> 00:21:43,200
who want to experience that same thing.

526
00:21:43,200 --> 00:21:44,040
And I hope you do,

527
00:21:44,040 --> 00:21:46,400
because again, there's tremendous joy and happiness in that.

528
00:21:46,400 --> 00:21:47,800
Great advice, Jackson.

529
00:21:47,800 --> 00:21:48,840
And you're right.

530
00:21:48,840 --> 00:21:51,520
I can't think of too many things at least in my life

531
00:21:51,520 --> 00:21:56,520
that give me as much joy as helping others do something.

532
00:21:56,720 --> 00:21:58,720
Just really is great.

533
00:21:58,720 --> 00:21:59,880
Yeah, I would agree.

534
00:21:59,880 --> 00:22:03,200
There's nothing out there for me beyond that

535
00:22:03,200 --> 00:22:08,080
that does that level of like, woo, it's life, let's live.

536
00:22:08,080 --> 00:22:09,960
All right, diving into the exact opposite.

537
00:22:09,960 --> 00:22:11,560
Let's dive into a super dark subject.

538
00:22:11,560 --> 00:22:13,360
So on the dark side,

539
00:22:14,280 --> 00:22:17,440
what is the worst leadership experience you've ever had?

540
00:22:18,320 --> 00:22:20,400
Well, it was early in my career, I'm happy to say.

541
00:22:20,400 --> 00:22:22,360
So it's a bit of a faint memory at the moment,

542
00:22:22,360 --> 00:22:25,720
but the good news is that I learned a lot from it.

543
00:22:25,720 --> 00:22:27,760
So my worst leadership experience

544
00:22:27,760 --> 00:22:30,800
was when I watched a colleague,

545
00:22:30,800 --> 00:22:34,280
we were both mid-level managers in a large company,

546
00:22:35,440 --> 00:22:40,200
basically take on a conversation in a large form,

547
00:22:40,200 --> 00:22:42,720
essentially like a town hall forum.

548
00:22:42,720 --> 00:22:45,400
My team and his team and a couple of other teams

549
00:22:45,400 --> 00:22:48,840
had participated in building a really terrific product

550
00:22:48,840 --> 00:22:52,000
and had some ideas about how that was done.

551
00:22:52,000 --> 00:22:55,640
And this particular person had a habit

552
00:22:55,640 --> 00:22:59,480
of basically saying that it was all him and his team.

553
00:22:59,480 --> 00:23:01,640
And this happened in front of my team.

554
00:23:01,640 --> 00:23:06,640
And I was just absolutely challenged with, what do I do?

555
00:23:07,000 --> 00:23:10,960
We're here in front of close to a thousand people worldwide,

556
00:23:10,960 --> 00:23:14,080
you know, meetings being streamed all over.

557
00:23:14,080 --> 00:23:15,280
Do I say something?

558
00:23:15,280 --> 00:23:16,880
Do I just go along with it?

559
00:23:16,880 --> 00:23:18,320
How do I deal with it?

560
00:23:18,320 --> 00:23:21,280
Now and after, and it's one of those dilemmas

561
00:23:21,280 --> 00:23:23,160
where I didn't have anything to base it on.

562
00:23:23,160 --> 00:23:26,760
I'd never experienced anything like that before in my career.

563
00:23:26,760 --> 00:23:30,560
So I couldn't draw from anything that was even close to that.

564
00:23:30,560 --> 00:23:33,680
And I opted to say nothing at that time

565
00:23:33,680 --> 00:23:36,120
and in front of everybody.

566
00:23:36,120 --> 00:23:38,560
And I could just see the deflated look

567
00:23:38,560 --> 00:23:41,000
on the members of my team.

568
00:23:41,000 --> 00:23:43,960
And so I went back to my office

569
00:23:43,960 --> 00:23:46,400
and I thought about it a little bit.

570
00:23:46,400 --> 00:23:49,240
And the next day, you know, I slept on it the next day

571
00:23:49,240 --> 00:23:51,480
after talking with a few people I trusted,

572
00:23:51,480 --> 00:23:53,800
I confronted this person privately.

573
00:23:53,800 --> 00:23:57,640
And I explained the fact that this wasn't the right thing

574
00:23:57,640 --> 00:24:02,320
to do and that I had actually failed as a leader

575
00:24:02,320 --> 00:24:05,360
by not standing up for my team in a way

576
00:24:05,360 --> 00:24:07,000
that could have been professional.

577
00:24:07,960 --> 00:24:10,800
And so it was a very, it was one of those moments

578
00:24:10,800 --> 00:24:12,760
where you realize that if you don't do certain things

579
00:24:12,760 --> 00:24:15,760
in the moment, you lose the opportunity to get things right.

580
00:24:15,760 --> 00:24:18,160
And I didn't need to humiliate him or do anything like that,

581
00:24:18,160 --> 00:24:21,520
but I could have done something that I just didn't do.

582
00:24:21,520 --> 00:24:24,440
And that was tough, that was tough.

583
00:24:24,440 --> 00:24:26,840
And now I had the opposite effect.

584
00:24:26,840 --> 00:24:30,000
I was a person, I'm one, I'm a healer.

585
00:24:30,000 --> 00:24:34,040
Like principally I'm a healer, but I'm also a protector.

586
00:24:34,040 --> 00:24:36,000
And I grew up with a lot of mama bears.

587
00:24:36,920 --> 00:24:40,520
And so I know how to torch somebody

588
00:24:40,520 --> 00:24:42,400
to the worst degree possible.

589
00:24:42,400 --> 00:24:47,040
And it's a skill set and a weapon that should be used

590
00:24:47,040 --> 00:24:48,840
with extreme caution and care.

591
00:24:48,840 --> 00:24:50,560
I did not know how to use extreme caution

592
00:24:50,560 --> 00:24:52,680
and care on that in my day.

593
00:24:52,680 --> 00:24:57,000
So I was a lifetime fitness and my boss,

594
00:24:59,480 --> 00:25:02,360
I destroyed the lifetime fitness sales team that I was on,

595
00:25:02,360 --> 00:25:04,280
like in a matter of a week.

596
00:25:05,360 --> 00:25:09,720
And my boss had locked us in the club on January,

597
00:25:09,720 --> 00:25:12,800
on December 31st, because we were the first club

598
00:25:12,800 --> 00:25:15,080
close to finishing, to hitting goal

599
00:25:15,080 --> 00:25:16,320
since the club had opened.

600
00:25:17,400 --> 00:25:20,000
And so I had to turn my keys in.

601
00:25:20,000 --> 00:25:22,280
I walked across the street in the rain to a bar

602
00:25:22,280 --> 00:25:24,960
and held up like a duffel bag and was like,

603
00:25:24,960 --> 00:25:27,600
who wants a gym membership?

604
00:25:27,600 --> 00:25:28,440
I wanna go home.

605
00:25:29,800 --> 00:25:32,080
We broke the records for calls that day,

606
00:25:32,080 --> 00:25:35,080
me and Cody both, 200 plus calls in the day

607
00:25:35,080 --> 00:25:36,320
trying to get it done.

608
00:25:36,320 --> 00:25:40,200
And instead of handling that whole situation

609
00:25:40,200 --> 00:25:42,040
the right way, I was done.

610
00:25:42,040 --> 00:25:47,040
And I started the burn bridges between my manager

611
00:25:47,880 --> 00:25:49,320
and the team a little bit.

612
00:25:49,320 --> 00:25:52,160
And that wasn't the goal, that wasn't the intent.

613
00:25:52,160 --> 00:25:53,880
But that's part of why it's so important

614
00:25:53,880 --> 00:25:55,880
to read books like EQ2.

615
00:25:55,880 --> 00:25:57,760
That's why it's so important to learn,

616
00:25:57,760 --> 00:26:00,160
like if you wanna foster relationships

617
00:26:00,160 --> 00:26:02,880
and cultivate long-term growth and success,

618
00:26:02,880 --> 00:26:04,480
there's shifts you can make.

619
00:26:04,480 --> 00:26:07,360
I ran into Wally years later, my boss,

620
00:26:07,360 --> 00:26:09,240
and I let him know what an amazing manager he was

621
00:26:09,240 --> 00:26:11,960
and how awesome things were and completely shocked him.

622
00:26:11,960 --> 00:26:12,800
I'm blew his mind on that.

623
00:26:12,800 --> 00:26:15,760
But I could sense there was still a little bit of hurt

624
00:26:15,760 --> 00:26:16,600
from what happened.

625
00:26:16,600 --> 00:26:21,600
And we, again, when we learn from leaders like David

626
00:26:22,520 --> 00:26:26,320
how to not do that, that there's alternative paths

627
00:26:26,320 --> 00:26:27,720
to going about this.

628
00:26:27,720 --> 00:26:29,360
You don't have to walk away from the fight

629
00:26:29,360 --> 00:26:32,060
and you also don't have to crush the enemy.

630
00:26:32,060 --> 00:26:36,300
That's where visionaries need to be playing

631
00:26:36,300 --> 00:26:39,100
in order to really build their visions out with their teams.

632
00:26:39,100 --> 00:26:40,540
So let's dive into that.

633
00:26:40,540 --> 00:26:42,100
Appreciate sharing that.

634
00:26:42,100 --> 00:26:42,940
Oh yeah, of course.

635
00:26:42,940 --> 00:26:43,980
Well, you sparked the memory.

636
00:26:43,980 --> 00:26:46,700
I was like, man, I've never talked about this before.

637
00:26:46,700 --> 00:26:48,540
Not from this angle.

638
00:26:48,540 --> 00:26:52,340
So what is your best leadership experience look like?

639
00:26:52,340 --> 00:26:53,300
Well, actually in this case,

640
00:26:53,300 --> 00:26:54,380
I can actually tell the company,

641
00:26:54,380 --> 00:26:55,420
it can tell you what happened

642
00:26:55,420 --> 00:26:58,220
and I can tell you what was so gratifying about it.

643
00:26:58,220 --> 00:26:59,440
So it was PayPal.

644
00:26:59,440 --> 00:27:03,560
I'm gonna say like 2009 or 10.

645
00:27:03,560 --> 00:27:05,840
So what happened at PayPal then was,

646
00:27:05,840 --> 00:27:08,840
there was this horrible financial crisis

647
00:27:08,840 --> 00:27:11,720
that resulted in a bunch of layoffs in 2008

648
00:27:11,720 --> 00:27:16,720
across all industries and sort of bled over into 2009.

649
00:27:16,760 --> 00:27:19,520
And then as a result of that, what started to happen

650
00:27:19,520 --> 00:27:23,000
as things started to pick up over the course of a year or two

651
00:27:23,000 --> 00:27:26,440
is that PayPal was losing a lot of people to competitors.

652
00:27:26,440 --> 00:27:28,440
So people were job hopping

653
00:27:28,440 --> 00:27:30,560
and teams were just getting decimated.

654
00:27:30,560 --> 00:27:35,560
And my boss basically challenged me and said,

655
00:27:36,720 --> 00:27:39,760
I need you to come up with some type of retention goal.

656
00:27:39,760 --> 00:27:42,280
And I'm like, what are you talking about?

657
00:27:42,280 --> 00:27:44,120
And so I did a lot of research,

658
00:27:44,120 --> 00:27:46,120
talked to some people I trusted,

659
00:27:46,120 --> 00:27:49,120
had a good group of people who I could ask about it.

660
00:27:49,120 --> 00:27:52,960
And I learned that actually people who manage others

661
00:27:52,960 --> 00:27:56,720
have a substantial amount of control

662
00:27:56,720 --> 00:27:59,280
in making sure that people don't leave.

663
00:27:59,280 --> 00:28:00,240
And I couldn't believe it.

664
00:28:00,240 --> 00:28:01,880
I was literally like, really?

665
00:28:01,880 --> 00:28:04,280
I thought people left for reasons

666
00:28:04,280 --> 00:28:05,960
that were beyond a manager's control.

667
00:28:05,960 --> 00:28:09,800
Turns out the number one reason people leave companies

668
00:28:09,800 --> 00:28:12,000
is because it's been like this for 30 years

669
00:28:12,000 --> 00:28:14,120
is because they hated their boss.

670
00:28:14,120 --> 00:28:17,040
And, and or they weren't given an opportunity

671
00:28:17,040 --> 00:28:19,360
or weren't appreciated for the work that they did.

672
00:28:19,360 --> 00:28:21,080
Money and other things are down the list.

673
00:28:21,080 --> 00:28:23,280
Those are important, but for the most part,

674
00:28:23,280 --> 00:28:27,000
people cannot tolerate working for somebody they can't,

675
00:28:27,000 --> 00:28:28,600
can't really respect.

676
00:28:28,600 --> 00:28:29,560
So what did I do?

677
00:28:29,560 --> 00:28:30,720
I came up with a goal.

678
00:28:31,640 --> 00:28:33,680
This was really audacious.

679
00:28:33,680 --> 00:28:36,760
And I said, okay, we're gonna retain 90% of our staff

680
00:28:36,760 --> 00:28:39,200
in a year and a hundred percent of the people

681
00:28:39,200 --> 00:28:42,240
who are the most important people to the work that we do.

682
00:28:42,240 --> 00:28:44,360
And everybody thought I was just nuts.

683
00:28:44,360 --> 00:28:47,240
But what I did was I backed it up with training the managers

684
00:28:47,240 --> 00:28:48,560
and leaders who worked on my team,

685
00:28:48,560 --> 00:28:52,440
putting them working with them and learning myself

686
00:28:52,440 --> 00:28:54,800
how to make sure that we created an environment

687
00:28:54,800 --> 00:28:56,080
where people didn't wanna leave.

688
00:28:56,080 --> 00:28:58,080
And sure enough, one year later,

689
00:28:58,080 --> 00:29:00,640
we blew those numbers out of the water.

690
00:29:00,640 --> 00:29:01,480
Wow.

691
00:29:01,480 --> 00:29:03,200
That's best lesson I've ever had.

692
00:29:03,200 --> 00:29:04,600
You blew those numbers out of the water.

693
00:29:04,600 --> 00:29:06,120
We did better than that?

694
00:29:06,120 --> 00:29:06,960
Yep.

695
00:29:06,960 --> 00:29:08,480
So we had a 90% target.

696
00:29:08,480 --> 00:29:11,080
We are, I think we're 95% at the end of the year

697
00:29:11,080 --> 00:29:13,600
of retention and a hundred percent of the people

698
00:29:13,600 --> 00:29:15,280
who we had identified that we didn't wanna lose.

699
00:29:15,280 --> 00:29:17,280
So it was pretty cool.

700
00:29:17,280 --> 00:29:18,120
Yeah.

701
00:29:18,120 --> 00:29:20,200
And a very competitive job market,

702
00:29:20,200 --> 00:29:23,240
less than a year and a half after we'd had massive layoffs.

703
00:29:23,240 --> 00:29:25,240
How many employees, team members?

704
00:29:25,240 --> 00:29:30,120
45 on my team, extended was another 20 or so

705
00:29:30,120 --> 00:29:31,800
in other countries that had dotted, you know,

706
00:29:31,800 --> 00:29:32,640
matrixed into us.

707
00:29:32,640 --> 00:29:35,440
So we had influence over their roles.

708
00:29:35,440 --> 00:29:37,800
And it was pretty darn good.

709
00:29:37,800 --> 00:29:39,720
And we had lost people up to that point.

710
00:29:39,720 --> 00:29:40,560
I mean, I'd lost them.

711
00:29:40,560 --> 00:29:42,640
What year was this in, more or less?

712
00:29:42,640 --> 00:29:46,200
I wanna say it was 2010, 2009-ish, 10-ish.

713
00:29:46,200 --> 00:29:47,040
Okay.

714
00:29:47,040 --> 00:29:47,880
I think it started in 2001.

715
00:29:47,880 --> 00:29:49,760
So you've been working on this fractional stuff

716
00:29:49,760 --> 00:29:50,800
for a long time.

717
00:29:50,800 --> 00:29:51,640
Yeah, yeah, yeah, yeah.

718
00:29:51,640 --> 00:29:53,440
Long before they called it fractional.

719
00:29:53,440 --> 00:29:54,560
Absolutely.

720
00:29:54,560 --> 00:29:55,600
No question about it.

721
00:29:55,600 --> 00:30:00,600
And today our ability to retain the fractional resources

722
00:30:00,880 --> 00:30:04,120
we use in large part are based on those principles

723
00:30:04,120 --> 00:30:05,560
that I learned way back then.

724
00:30:06,440 --> 00:30:07,280
Okay.

725
00:30:07,280 --> 00:30:10,520
So maybe you know something about the internal gossip here.

726
00:30:10,520 --> 00:30:11,960
Oh my God, I gotta ask.

727
00:30:11,960 --> 00:30:14,120
So PayPal, right?

728
00:30:14,120 --> 00:30:16,560
If I look up PayPal founder,

729
00:30:16,560 --> 00:30:20,760
cause I was like, I'm pretty sure Elon Musk was the founder

730
00:30:20,760 --> 00:30:22,640
or part of, right?

731
00:30:22,640 --> 00:30:27,080
But Google, man, they're hating on Elon or PayPal is.

732
00:30:27,080 --> 00:30:27,920
I'm not sure which.

733
00:30:27,920 --> 00:30:28,760
Look at this.

734
00:30:28,760 --> 00:30:30,440
You got Peter Thiel, right?

735
00:30:30,440 --> 00:30:31,280
Max Lepchen.

736
00:30:31,280 --> 00:30:32,120
Peter Thiel, Max Lepchen, yeah.

737
00:30:32,120 --> 00:30:34,160
And then Ken Howery, Luke.

738
00:30:34,160 --> 00:30:36,200
Where the heck is Elon?

739
00:30:36,200 --> 00:30:37,280
You know, it's interesting.

740
00:30:37,280 --> 00:30:38,120
I think they've-

741
00:30:38,120 --> 00:30:39,200
Google Elon, and it's like,

742
00:30:39,200 --> 00:30:40,760
it gives him full credit here.

743
00:30:40,760 --> 00:30:42,600
And it's like, what?

744
00:30:42,600 --> 00:30:43,520
What's going on?

745
00:30:43,520 --> 00:30:44,560
It's a good question.

746
00:30:44,560 --> 00:30:46,760
I think it's a part of their past.

747
00:30:46,760 --> 00:30:48,880
They'd rather not talk about,

748
00:30:48,880 --> 00:30:50,360
but you know, there are a lot of other people-

749
00:30:50,360 --> 00:30:51,880
That's what we were talking about.

750
00:30:51,880 --> 00:30:53,200
Yeah, it's funny.

751
00:30:53,200 --> 00:30:56,600
You know, there were people like Reid Hoffman

752
00:30:56,600 --> 00:30:57,480
who founded LinkedIn.

753
00:30:57,480 --> 00:30:59,480
He came from PayPal.

754
00:31:01,480 --> 00:31:03,520
Last name, Jordan, I can't remember, never met him.

755
00:31:03,520 --> 00:31:04,680
He founded OpenTable.

756
00:31:04,680 --> 00:31:08,800
So there were lots of really well-known PayPal leaders.

757
00:31:08,800 --> 00:31:10,880
And you're right, they don't mention some of them.

758
00:31:10,880 --> 00:31:13,840
But I think Elon is the one that's most of a,

759
00:31:13,840 --> 00:31:15,480
more of a lightning rod for a lot of people.

760
00:31:15,480 --> 00:31:17,000
You're saying Chuck Templeton?

761
00:31:17,000 --> 00:31:17,920
No, no.

762
00:31:17,920 --> 00:31:20,480
I said, I can't remember his-

763
00:31:20,480 --> 00:31:21,320
You said from OpenTable.

764
00:31:21,320 --> 00:31:22,920
So that's, I mean, Chuck Templeton's-

765
00:31:22,920 --> 00:31:23,760
I was the director.

766
00:31:23,760 --> 00:31:25,920
Jordan, his last name was Jordan.

767
00:31:27,360 --> 00:31:32,120
He was doing, that was, when I joined PayPal in 2006,

768
00:31:32,120 --> 00:31:33,040
there were a thousand people

769
00:31:33,040 --> 00:31:35,080
who had downloaded the mobile app, right?

770
00:31:35,080 --> 00:31:37,600
That's how early those early days were.

771
00:31:37,600 --> 00:31:39,560
And he was one, I think it was Jim Jordan,

772
00:31:39,560 --> 00:31:40,720
but I can't remember.

773
00:31:40,720 --> 00:31:41,560
I never met him.

774
00:31:41,560 --> 00:31:43,520
I just know that he was one of the found,

775
00:31:43,520 --> 00:31:45,760
he was one of the people who moved on

776
00:31:45,760 --> 00:31:47,640
from PayPal to Found OpenTable.

777
00:31:47,640 --> 00:31:50,640
But some of those early people who worked there,

778
00:31:50,640 --> 00:31:55,000
the founder of, co-founder of YouTube

779
00:31:55,000 --> 00:31:57,220
also had worked at PayPal.

780
00:31:58,440 --> 00:32:01,040
There are a lot of examples of people who were there.

781
00:32:01,040 --> 00:32:03,300
By the way, that was not in that wave, just to be clear.

782
00:32:03,300 --> 00:32:04,800
I was in the second wave.

783
00:32:04,800 --> 00:32:05,920
Sure, we were in that wave.

784
00:32:05,920 --> 00:32:06,760
Yeah.

785
00:32:06,760 --> 00:32:08,960
Guilty by association, David.

786
00:32:08,960 --> 00:32:09,800
I know.

787
00:32:09,800 --> 00:32:12,120
But we were, I always have to tell people,

788
00:32:12,120 --> 00:32:14,040
those were, people were brilliant

789
00:32:14,040 --> 00:32:16,120
and they set PayPal up for the future,

790
00:32:16,120 --> 00:32:19,280
but they, the company was bleeding cash when I joined.

791
00:32:19,280 --> 00:32:21,160
It was just not doing well.

792
00:32:21,160 --> 00:32:24,280
And thanks to a lot of people and teams

793
00:32:24,280 --> 00:32:27,600
that I had the great fortune to manage,

794
00:32:27,600 --> 00:32:29,040
we turned that around and the company became

795
00:32:29,040 --> 00:32:30,040
wildly successful.

796
00:32:30,040 --> 00:32:32,320
So we're very happy about that.

797
00:32:32,320 --> 00:32:33,160
That's really neat.

798
00:32:33,160 --> 00:32:34,680
It is wildly successful.

799
00:32:34,680 --> 00:32:37,080
I mean, it's, you know, it's,

800
00:32:37,080 --> 00:32:40,080
I've got a terrible, terrible analogies in mind,

801
00:32:40,080 --> 00:32:42,920
whether it's the relay race, you know,

802
00:32:42,920 --> 00:32:44,760
and people doing different things,

803
00:32:44,760 --> 00:32:46,960
or, you know, the fact that sometimes it's important

804
00:32:46,960 --> 00:32:48,520
to walk, sometimes it's important to run,

805
00:32:48,520 --> 00:32:50,440
sometimes it's important to swim.

806
00:32:50,440 --> 00:32:54,280
You know, there's, there's a, even a collaborative effort

807
00:32:54,280 --> 00:32:57,560
amongst those who don't necessarily get along

808
00:32:57,560 --> 00:33:01,000
or have the same view of how things should be built.

809
00:33:01,000 --> 00:33:04,440
So it's, yeah, that would be a very fun story

810
00:33:04,440 --> 00:33:07,000
to learn more about.

811
00:33:07,000 --> 00:33:09,360
That's also why I'm really interested in this Adobe book

812
00:33:09,360 --> 00:33:10,960
that you mentioned the one about, you know,

813
00:33:10,960 --> 00:33:13,080
first break all the rules and how much to learn.

814
00:33:13,080 --> 00:33:17,240
Cause Adobe, I'm honestly not a big fan of their brand

815
00:33:17,240 --> 00:33:20,120
these days and their product suite.

816
00:33:20,120 --> 00:33:23,560
But I've met a number of founders who came

817
00:33:23,560 --> 00:33:25,760
from the Adobe network, who've gone on to build

818
00:33:25,760 --> 00:33:26,720
some really cool things.

819
00:33:26,720 --> 00:33:29,920
And I know they have some enterprise stuff that's amazing.

820
00:33:30,760 --> 00:33:34,200
So there's so much to learn from the history

821
00:33:34,200 --> 00:33:35,680
of a company like that.

822
00:33:35,680 --> 00:33:37,680
There is, and I'm grateful for the experiences,

823
00:33:37,680 --> 00:33:38,520
but you're right.

824
00:33:38,520 --> 00:33:40,200
Those companies like PayPal and Joe,

825
00:33:40,200 --> 00:33:41,960
you have a long arc of growth

826
00:33:41,960 --> 00:33:44,280
and sometimes they've done things

827
00:33:44,280 --> 00:33:45,920
that you just leave you scratching your head.

828
00:33:45,920 --> 00:33:48,640
And then other times they've done some really great things

829
00:33:48,640 --> 00:33:50,200
and, but there are some-

830
00:33:50,200 --> 00:33:51,360
They're human.

831
00:33:51,360 --> 00:33:52,200
They're human.

832
00:33:52,200 --> 00:33:53,020
That's exactly right.

833
00:33:53,020 --> 00:33:55,240
Their cultures, their cultures,

834
00:33:55,240 --> 00:33:58,200
both of them were fabulous places to work when I worked there.

835
00:33:58,200 --> 00:33:59,640
I mean, it was just great.

836
00:33:59,640 --> 00:34:02,000
Nothing but good things to say about having worked there.

837
00:34:02,000 --> 00:34:03,160
So.

838
00:34:03,160 --> 00:34:04,200
That's amazing.

839
00:34:04,200 --> 00:34:06,400
Put you on the spot in a big way,

840
00:34:06,400 --> 00:34:08,200
most important way in my opinion.

841
00:34:08,200 --> 00:34:11,320
And that would be if this is your last opportunity, right?

842
00:34:11,320 --> 00:34:13,520
This is the last one, last piece of wisdom,

843
00:34:13,520 --> 00:34:16,320
advice you can give us what powerful lesson

844
00:34:16,320 --> 00:34:19,400
and other visionaries learned from your experience.

845
00:34:19,400 --> 00:34:22,520
Just do not stop learning new things.

846
00:34:22,520 --> 00:34:24,600
Don't be afraid to learn something new.

847
00:34:24,600 --> 00:34:27,240
Doesn't matter if you've been doing the same thing

848
00:34:27,240 --> 00:34:31,520
for years or you've just started out in an area.

849
00:34:31,520 --> 00:34:34,360
I cannot tell you how many times a conversation,

850
00:34:34,360 --> 00:34:36,520
something I've learned just in this conversation with you.

851
00:34:36,520 --> 00:34:39,800
Some of the things that you have expressed.

852
00:34:39,800 --> 00:34:42,280
There's just something about that continuous learning

853
00:34:42,280 --> 00:34:46,400
that keeps you fresh, keeps you aware of changes.

854
00:34:46,400 --> 00:34:50,960
And then what's great as in my case, as I get older,

855
00:34:50,960 --> 00:34:53,220
I start to be able to tie things together

856
00:34:53,220 --> 00:34:55,160
from my experiences.

857
00:34:55,160 --> 00:34:58,040
And you can see all these interesting connecting points

858
00:34:58,040 --> 00:35:01,100
that you don't always, always see upfront.

859
00:35:01,100 --> 00:35:02,880
So yeah, just keep learning.

860
00:35:02,880 --> 00:35:05,940
That's all you can do to make yourself

861
00:35:05,940 --> 00:35:08,520
and your teams better at what they do.

862
00:35:08,520 --> 00:35:09,480
I love that.

863
00:35:09,480 --> 00:35:10,320
I love that.

864
00:35:10,320 --> 00:35:11,720
There are always new perspectives.

865
00:35:12,880 --> 00:35:15,500
I have a very childlike demeanor.

866
00:35:17,440 --> 00:35:19,920
I can be childish too, I won't lie.

867
00:35:19,920 --> 00:35:22,560
But, and part of that is cause I've got little kids,

868
00:35:22,560 --> 00:35:24,960
but it's really that curiosity,

869
00:35:24,960 --> 00:35:28,840
that appreciation for knowing that, okay,

870
00:35:28,840 --> 00:35:30,740
like as a child, you can hide something

871
00:35:30,740 --> 00:35:32,140
on the other side of the table.

872
00:35:32,140 --> 00:35:33,640
And if the child's young enough, they'll be like,

873
00:35:33,640 --> 00:35:35,600
and you bring it back up, they're like,

874
00:35:35,600 --> 00:35:36,440
how did that happen?

875
00:35:36,440 --> 00:35:37,280
You know?

876
00:35:37,280 --> 00:35:39,880
And then you learn to go around the table like, oh cool.

877
00:35:39,880 --> 00:35:41,740
I can access that now.

878
00:35:41,740 --> 00:35:45,960
And we are no different as human beings.

879
00:35:45,960 --> 00:35:47,120
So I really like this quote.

880
00:35:47,120 --> 00:35:50,220
I'm gonna pull it up here while we talk about it.

881
00:35:50,220 --> 00:35:52,000
One of my favorite quotes is anonymous.

882
00:35:52,000 --> 00:35:52,840
Please don't give me credit for it.

883
00:35:52,840 --> 00:35:54,440
You'll be listening in.

884
00:35:54,440 --> 00:35:59,440
It is the more you learn, the more you can learn.

885
00:36:02,120 --> 00:36:02,960
Ah, I love that.

886
00:36:02,960 --> 00:36:04,600
And that process of like, wow,

887
00:36:04,600 --> 00:36:06,400
every time we learn something new,

888
00:36:06,400 --> 00:36:10,200
it opens a door to so many more things that we can learn.

889
00:36:10,200 --> 00:36:14,240
And Strengths Finder 2.0 did give me the,

890
00:36:14,240 --> 00:36:15,800
at least when I took the assessment,

891
00:36:15,800 --> 00:36:17,800
my number one strength is as a learner.

892
00:36:17,800 --> 00:36:18,640
Right?

893
00:36:18,640 --> 00:36:19,640
So I love exactly that.

894
00:36:19,640 --> 00:36:22,560
That's what, and I learned through people,

895
00:36:22,560 --> 00:36:23,720
interactions with people.

896
00:36:23,720 --> 00:36:24,560
Right?

897
00:36:24,560 --> 00:36:27,360
So it's a wonderful thing for me.

898
00:36:27,360 --> 00:36:29,440
And if visionaries, you're listening in,

899
00:36:30,520 --> 00:36:32,920
this would be an interesting audience

900
00:36:32,920 --> 00:36:35,560
to see somebody say like, I'm done learning.

901
00:36:35,560 --> 00:36:36,840
You know, I think that's kind of the nature

902
00:36:36,840 --> 00:36:38,440
of being a visionary,

903
00:36:38,440 --> 00:36:41,680
is you are trying to learn and improve what you're doing

904
00:36:41,680 --> 00:36:42,600
and continuing to move.

905
00:36:42,600 --> 00:36:46,680
So let's move this conversation into the actual,

906
00:36:46,680 --> 00:36:48,640
you know, the title of what we're gonna talk about,

907
00:36:48,640 --> 00:36:52,600
Maximizing Worldwide Expertise at the Fraction of the Cost.

908
00:36:52,600 --> 00:36:54,200
I know I coined the title

909
00:36:54,200 --> 00:36:56,520
without really directly talking to you about it,

910
00:36:56,520 --> 00:36:58,560
but so I'll give a little frame of reference.

911
00:36:58,560 --> 00:37:00,920
To me, maximizing worldwide expertise

912
00:37:00,920 --> 00:37:04,280
is about learning to work with others who are out there.

913
00:37:04,280 --> 00:37:08,320
You know, and that takes so many shapes and forms.

914
00:37:08,320 --> 00:37:09,440
I'm gonna plant some seeds.

915
00:37:09,440 --> 00:37:12,000
That could be VAs in a foreign country.

916
00:37:12,000 --> 00:37:14,240
That could be strategic partners, vendors.

917
00:37:14,240 --> 00:37:16,720
That could be people that you want to consider

918
00:37:16,720 --> 00:37:18,120
your competitor when in reality,

919
00:37:18,120 --> 00:37:20,120
they could be your best ally.

920
00:37:20,120 --> 00:37:22,520
That could be business partnerships and growth.

921
00:37:22,520 --> 00:37:24,520
There's so many ways to go about that.

922
00:37:24,520 --> 00:37:27,200
And at a fraction of the cost.

923
00:37:27,200 --> 00:37:31,480
So I'm gonna put you on a huge spot here.

924
00:37:31,480 --> 00:37:34,800
How do you maximize worldwide expertise

925
00:37:34,800 --> 00:37:39,440
and those relationships while limiting costs

926
00:37:39,440 --> 00:37:43,600
without going about in a way where you strangle hold

927
00:37:43,600 --> 00:37:45,280
the individuals you're working with

928
00:37:45,280 --> 00:37:48,960
or oppress the people who are supporting your vision?

929
00:37:48,960 --> 00:37:50,960
Where's the harmony and healthy balance of that?

930
00:37:50,960 --> 00:37:51,800
How does-

931
00:37:51,800 --> 00:37:53,520
A really important question, Jackson.

932
00:37:53,520 --> 00:37:55,040
Thanks, and thanks for the lead into it,

933
00:37:55,040 --> 00:37:58,160
because I believe that sets us up really nicely.

934
00:37:58,160 --> 00:38:02,280
So we are the beneficiaries at Fedisio, my company,

935
00:38:02,280 --> 00:38:07,280
and our team of two trends that are occurring in the world

936
00:38:07,600 --> 00:38:11,360
and have for a while, but really accelerated with COVID.

937
00:38:11,360 --> 00:38:15,000
On the one hand, you had people who were,

938
00:38:15,000 --> 00:38:16,680
once COVID hit, all of a sudden,

939
00:38:16,680 --> 00:38:19,520
a large number of tech workers had to work

940
00:38:19,520 --> 00:38:22,520
in their homes remotely, right?

941
00:38:22,520 --> 00:38:24,680
And well, what did that do?

942
00:38:24,680 --> 00:38:26,280
So it did a few things.

943
00:38:26,280 --> 00:38:29,520
It made people realize, well, gosh, this isn't so bad.

944
00:38:29,520 --> 00:38:31,480
Some people got isolated and they struggled,

945
00:38:31,480 --> 00:38:33,960
and we know that it didn't help necessarily

946
00:38:33,960 --> 00:38:35,480
everyone's mental health.

947
00:38:35,480 --> 00:38:38,520
However, what happened over time

948
00:38:38,520 --> 00:38:39,880
was people started to realize,

949
00:38:39,880 --> 00:38:41,680
gosh, I could live in another place,

950
00:38:41,680 --> 00:38:45,200
and I don't need to make this much money and work this hard.

951
00:38:45,200 --> 00:38:46,840
And yet I could still have a good life,

952
00:38:46,840 --> 00:38:48,840
and life is really important to me.

953
00:38:48,840 --> 00:38:53,120
And so this dynamic of people wanting to work part-time

954
00:38:53,120 --> 00:38:55,880
or fractionally sort of plays into our hands.

955
00:38:55,880 --> 00:38:57,960
We don't have to convince anybody to do it.

956
00:38:57,960 --> 00:38:59,800
There are a lot of people who have situations

957
00:38:59,800 --> 00:39:01,200
where they've got a spouse who works,

958
00:39:01,200 --> 00:39:03,080
or they have a situation

959
00:39:03,080 --> 00:39:05,080
where maybe they're taking care of a parent,

960
00:39:05,080 --> 00:39:08,960
whatever it is, they don't wind up in a situation

961
00:39:08,960 --> 00:39:11,920
where that's good as this because COVID accelerated it.

962
00:39:11,920 --> 00:39:14,360
So we've got this wonderful pool of resources

963
00:39:14,360 --> 00:39:15,440
we didn't have before.

964
00:39:15,440 --> 00:39:19,400
Match that up with this demographic reality,

965
00:39:19,400 --> 00:39:20,920
not just in the United States,

966
00:39:20,920 --> 00:39:22,760
but in many Western countries,

967
00:39:22,760 --> 00:39:26,640
and even more in Asia at this point, other than India,

968
00:39:26,640 --> 00:39:28,960
where the birth rates have been so low

969
00:39:28,960 --> 00:39:30,960
that now over the course of the last 30 years,

970
00:39:30,960 --> 00:39:34,200
now there are these huge number of open jobs

971
00:39:34,200 --> 00:39:35,400
that cannot be filled.

972
00:39:35,400 --> 00:39:38,360
So I'll pick one as an example.

973
00:39:38,360 --> 00:39:39,560
Information security.

974
00:39:39,560 --> 00:39:42,560
Try to get a cybersecurity analyst in a company

975
00:39:42,560 --> 00:39:45,160
as an employee or full-time

976
00:39:45,160 --> 00:39:46,720
or a leader of information security.

977
00:39:46,720 --> 00:39:49,200
You may not think it's important until you've been hacked.

978
00:39:49,200 --> 00:39:52,240
And it's almost impossible to find these.

979
00:39:52,240 --> 00:39:54,520
And they're so expensive.

980
00:39:54,520 --> 00:39:57,200
But there are many people out there

981
00:39:57,200 --> 00:39:58,440
who have this expertise,

982
00:39:58,440 --> 00:40:00,480
who only wanna work a few hours a week

983
00:40:00,480 --> 00:40:01,640
or a few hours a month.

984
00:40:01,640 --> 00:40:03,520
And they can accomplish a lot

985
00:40:03,520 --> 00:40:08,320
because they're focused on this particular task.

986
00:40:08,320 --> 00:40:10,520
They're not distracted by everything you'd get

987
00:40:10,520 --> 00:40:12,840
working full-time.

988
00:40:12,840 --> 00:40:15,760
And many people like to have the flexibility of,

989
00:40:15,760 --> 00:40:17,040
hey, I'm gonna do a little bit.

990
00:40:17,040 --> 00:40:19,520
I'm gonna work this month and next month this much,

991
00:40:19,520 --> 00:40:21,320
and then I'm gonna take off a few weeks.

992
00:40:21,320 --> 00:40:23,040
So these dynamics have helped us.

993
00:40:23,040 --> 00:40:25,440
So we find ourselves just really the beneficiaries

994
00:40:25,440 --> 00:40:27,440
of a couple of trends.

995
00:40:27,440 --> 00:40:29,720
And now how do we make it work

996
00:40:29,720 --> 00:40:31,880
where we, because we could be in a situation

997
00:40:31,880 --> 00:40:33,720
where we didn't retain these people.

998
00:40:33,720 --> 00:40:35,760
They just worked with us in our network

999
00:40:35,760 --> 00:40:36,600
and then they went off

1000
00:40:36,600 --> 00:40:38,320
because they didn't like working with us.

1001
00:40:38,320 --> 00:40:39,960
That's the prior conversation.

1002
00:40:39,960 --> 00:40:42,240
How do we create an environment where people wanna work,

1003
00:40:42,240 --> 00:40:43,960
treat them very well,

1004
00:40:43,960 --> 00:40:46,560
talk to them all the time, support them,

1005
00:40:46,560 --> 00:40:47,800
make sure the clients are happy.

1006
00:40:47,800 --> 00:40:49,280
Don't let them just sit out there

1007
00:40:49,280 --> 00:40:51,800
and blow in the wind when something goes wrong,

1008
00:40:51,800 --> 00:40:53,000
go in there and help them.

1009
00:40:54,160 --> 00:40:56,880
It's just been a very interesting convergence of events.

1010
00:40:56,880 --> 00:40:59,320
So we're very lucky in many ways.

1011
00:40:59,320 --> 00:41:00,160
It is.

1012
00:41:00,160 --> 00:41:03,600
Lucky, blessed, prepared.

1013
00:41:05,120 --> 00:41:09,680
I think there's a couple of formulas that exist there.

1014
00:41:09,680 --> 00:41:12,080
One, again, you've worked in these companies

1015
00:41:12,080 --> 00:41:13,600
where you have remote teams.

1016
00:41:14,480 --> 00:41:16,480
People that you know what that's like.

1017
00:41:16,480 --> 00:41:19,320
You know what, I've been working from home since 2010.

1018
00:41:20,320 --> 00:41:23,160
And so way before COVID hit,

1019
00:41:23,160 --> 00:41:26,320
we were running startups using Zoom calls,

1020
00:41:26,320 --> 00:41:29,600
getting comfortable with video, video power as well.

1021
00:41:29,600 --> 00:41:34,600
And when COVID hit, we got crushed for one company

1022
00:41:35,120 --> 00:41:39,200
and my eyes lit up like fireworks for another.

1023
00:41:39,200 --> 00:41:41,000
So we were competing against Open Table,

1024
00:41:41,000 --> 00:41:42,240
the restaurant Kinect.

1025
00:41:42,240 --> 00:41:43,440
Wow, look at that.

1026
00:41:43,440 --> 00:41:46,680
And next thing you know,

1027
00:41:46,680 --> 00:41:49,480
all the restaurants on the East Coast get shut down.

1028
00:41:49,480 --> 00:41:54,480
$15,000 in monthly recurring revenues gone in one day.

1029
00:41:54,480 --> 00:41:56,320
Two weeks later, a week and a half later,

1030
00:41:56,320 --> 00:41:58,640
all the Pacific Coast gets shut down.

1031
00:41:58,640 --> 00:42:02,600
Another $20,000 gone overnight.

1032
00:42:02,600 --> 00:42:06,120
We didn't have the ability to take that hit as a startup.

1033
00:42:06,120 --> 00:42:09,640
And so that startup of 15 years.

1034
00:42:09,640 --> 00:42:14,640
And at the same time, running my digital agency,

1035
00:42:14,840 --> 00:42:19,360
there's a part of me going like, oh my gosh, finally.

1036
00:42:19,360 --> 00:42:21,360
The world's finally going to get it

1037
00:42:21,360 --> 00:42:23,160
that you can work remotely.

1038
00:42:23,160 --> 00:42:26,040
The world's finally gonna start moving towards that.

1039
00:42:26,040 --> 00:42:30,040
And you and I through years of experience with that,

1040
00:42:31,040 --> 00:42:33,360
where others had kind of shunned it,

1041
00:42:33,360 --> 00:42:36,240
they're going through some repercussions right now

1042
00:42:36,240 --> 00:42:39,600
that are still mounting in terms of how we're gonna do it.

1043
00:42:39,600 --> 00:42:43,000
How do you build a virtual culture?

1044
00:42:43,000 --> 00:42:46,720
And how do you make sure that people wanna belong to that?

1045
00:42:46,720 --> 00:42:50,040
They're not just trying it for now,

1046
00:42:50,040 --> 00:42:52,120
or catching the best of the flavor

1047
00:42:52,120 --> 00:42:53,680
and then moving on to the next one

1048
00:42:53,680 --> 00:42:56,600
because companies don't know how to sustain

1049
00:42:56,600 --> 00:42:57,880
that type of environment.

1050
00:42:57,880 --> 00:42:59,880
We went through serious growing pains

1051
00:42:59,880 --> 00:43:01,960
for how to figure that out as startups.

1052
00:43:01,960 --> 00:43:05,960
And every year taught us new lessons in terms of,

1053
00:43:05,960 --> 00:43:08,360
oh, this is what happens after four years

1054
00:43:08,360 --> 00:43:10,160
of people working remotely together.

1055
00:43:10,160 --> 00:43:12,360
When the emotions people feel in,

1056
00:43:12,360 --> 00:43:14,640
we better start fixing that and changing it.

1057
00:43:14,640 --> 00:43:16,520
So you've been through that on a scale

1058
00:43:16,520 --> 00:43:17,800
that's far, far larger

1059
00:43:17,800 --> 00:43:20,160
and with far more people than I ever have.

1060
00:43:20,160 --> 00:43:22,600
So I see that as a massive benefit.

1061
00:43:22,600 --> 00:43:25,840
And again, the reality that,

1062
00:43:25,840 --> 00:43:26,920
I don't think it was just luck.

1063
00:43:26,920 --> 00:43:28,440
I think you were far more prepared

1064
00:43:28,440 --> 00:43:29,920
than maybe you even realize.

1065
00:43:30,960 --> 00:43:32,200
I think you're, you know,

1066
00:43:32,200 --> 00:43:34,640
I'm grateful to the people who I learned from.

1067
00:43:34,640 --> 00:43:38,360
I had wonderful leaders I worked for for years,

1068
00:43:38,360 --> 00:43:41,040
not just at PayPal and Adobe, but in other places.

1069
00:43:41,040 --> 00:43:43,440
And you know, you have good leaders and bad leaders,

1070
00:43:43,440 --> 00:43:45,640
but you learn things from each one of them.

1071
00:43:45,640 --> 00:43:48,880
And I just feel as though I'm just,

1072
00:43:48,880 --> 00:43:49,800
and you said it blessed,

1073
00:43:49,800 --> 00:43:54,080
I'm very grateful for those experiences.

1074
00:43:54,080 --> 00:43:58,880
I'm really grateful for the people who gave me a chance

1075
00:43:58,880 --> 00:44:02,480
at doing things when I didn't necessarily look like

1076
00:44:02,480 --> 00:44:04,680
or sound like the right person

1077
00:44:04,680 --> 00:44:06,120
because I grew into things also.

1078
00:44:06,120 --> 00:44:08,040
I wasn't, you know, we're not all born.

1079
00:44:08,040 --> 00:44:09,760
Well, you're not, you weren't born, you know,

1080
00:44:09,760 --> 00:44:11,600
at five years old to do this today.

1081
00:44:11,600 --> 00:44:15,680
Maybe you were, but I certainly wasn't.

1082
00:44:15,680 --> 00:44:18,680
And so, you know, that's all about the learning piece.

1083
00:44:18,680 --> 00:44:22,320
And I think you said it very, very appropriately.

1084
00:44:22,320 --> 00:44:25,280
We just have great people and we work hard to keep them

1085
00:44:25,280 --> 00:44:29,520
as excited and engaged as we can and supported.

1086
00:44:29,520 --> 00:44:34,160
And that seems to be enough to have them keep coming back

1087
00:44:34,160 --> 00:44:35,000
to us and saying, you know,

1088
00:44:35,000 --> 00:44:36,320
I didn't work last month with you guys,

1089
00:44:36,320 --> 00:44:38,280
but I really like working with you.

1090
00:44:38,280 --> 00:44:40,120
And can't tell many people we've gotten

1091
00:44:40,120 --> 00:44:44,080
who have had bad experiences working for not great leaders.

1092
00:44:44,080 --> 00:44:45,640
And that saddens me.

1093
00:44:45,640 --> 00:44:46,800
Yeah.

1094
00:44:46,800 --> 00:44:48,120
That really does.

1095
00:44:48,120 --> 00:44:51,560
Let's dive in hard, fast and heavy too, if we can.

1096
00:44:51,560 --> 00:44:52,400
Sure, go for it.

1097
00:44:52,400 --> 00:44:54,720
Into this topic of fraction of the cost.

1098
00:44:54,720 --> 00:44:55,560
Yes.

1099
00:44:55,560 --> 00:44:56,380
How?

1100
00:44:56,380 --> 00:44:57,220
How does that work?

1101
00:44:57,220 --> 00:44:58,680
Yeah, so here's what we do.

1102
00:44:58,680 --> 00:45:01,560
So first of all, we know that if you wanted to,

1103
00:45:01,560 --> 00:45:02,600
let's use an example.

1104
00:45:02,600 --> 00:45:03,720
Let's say you wanted to go hire

1105
00:45:03,720 --> 00:45:05,480
an information security analyst

1106
00:45:05,480 --> 00:45:08,120
or a chief information security officer.

1107
00:45:08,120 --> 00:45:09,360
And I'll use both of them.

1108
00:45:09,360 --> 00:45:11,280
They're well into the six digits,

1109
00:45:11,280 --> 00:45:13,160
obviously the chief information security officer,

1110
00:45:13,160 --> 00:45:14,160
salary wise, right?

1111
00:45:14,160 --> 00:45:15,520
They're off the charts.

1112
00:45:16,400 --> 00:45:19,680
So just by virtue, and now they can't find people.

1113
00:45:19,680 --> 00:45:21,080
So this is the other problem, right?

1114
00:45:21,080 --> 00:45:23,680
You might get somebody, they won't stay around very long

1115
00:45:23,680 --> 00:45:25,640
because then someone else will just offer them more money

1116
00:45:25,640 --> 00:45:28,800
or whatever, at a certain point they'll go.

1117
00:45:28,800 --> 00:45:30,440
The other part of this is information security

1118
00:45:30,440 --> 00:45:34,480
is not considered, it's not as though you were brought in

1119
00:45:34,480 --> 00:45:35,840
to grow the company, right?

1120
00:45:35,840 --> 00:45:38,560
You were brought in to protect the company.

1121
00:45:38,560 --> 00:45:41,440
And it's not a, I wouldn't say it's a thankless job,

1122
00:45:41,440 --> 00:45:43,000
but it's a very different kind of job

1123
00:45:43,000 --> 00:45:45,440
from say someone in marketing or someone in product.

1124
00:45:45,440 --> 00:45:46,720
It's not a revenue producing.

1125
00:45:46,720 --> 00:45:48,840
Yeah, you're not building anything exactly.

1126
00:45:48,840 --> 00:45:50,200
So it's challenging.

1127
00:45:50,200 --> 00:45:52,240
So how do you do that?

1128
00:45:52,240 --> 00:45:54,880
Well, what you do is you talk to clients

1129
00:45:54,880 --> 00:45:57,120
and they say things like,

1130
00:45:57,120 --> 00:45:59,160
I just can't get anybody to fill this role,

1131
00:45:59,160 --> 00:46:01,480
or can you help me find somebody?

1132
00:46:01,480 --> 00:46:05,200
And that usually leads to, well, you have zero.

1133
00:46:05,200 --> 00:46:07,520
So now if you have 20%, you're gonna be better off.

1134
00:46:07,520 --> 00:46:09,400
By the way, it could probably get you to 40% of work

1135
00:46:09,400 --> 00:46:11,600
because these people who are fractional

1136
00:46:11,600 --> 00:46:14,320
are highly dedicated and experts.

1137
00:46:14,320 --> 00:46:16,880
So they don't need a whole lot of ramp up time.

1138
00:46:16,880 --> 00:46:19,720
So just by virtue of that cost differential,

1139
00:46:19,720 --> 00:46:22,920
they're saving a substantial amount of money

1140
00:46:22,920 --> 00:46:24,840
and they're still getting the core things done

1141
00:46:24,840 --> 00:46:27,520
and this goes back, Jackson, to the focus piece

1142
00:46:27,520 --> 00:46:29,480
because someone might say to us,

1143
00:46:29,480 --> 00:46:33,520
oh, our information security environment is a disaster.

1144
00:46:33,520 --> 00:46:35,800
Okay, what are the three things that you can do

1145
00:46:35,800 --> 00:46:37,680
to make that better right now?

1146
00:46:37,680 --> 00:46:40,640
You don't need someone full time to do that.

1147
00:46:40,640 --> 00:46:45,080
And so that's the part where we start to make the case.

1148
00:46:45,080 --> 00:46:47,400
I'll give you the example I started with real quickly,

1149
00:46:47,400 --> 00:46:51,000
that that healthcare company could not get a new product

1150
00:46:51,000 --> 00:46:51,960
out the door digitally

1151
00:46:51,960 --> 00:46:54,160
because they had no idea what they were doing.

1152
00:46:54,160 --> 00:46:55,280
So what did we say?

1153
00:46:55,280 --> 00:46:57,600
Well, you never got anything out the door successfully.

1154
00:46:57,600 --> 00:46:59,440
We're gonna give you a team of five people,

1155
00:46:59,440 --> 00:47:01,960
let them work for a year, we'll get something out the door.

1156
00:47:01,960 --> 00:47:03,720
We did on time.

1157
00:47:03,720 --> 00:47:07,480
And by the way, I'm not taking anything away

1158
00:47:07,480 --> 00:47:10,080
from the employees because you had said something earlier.

1159
00:47:10,080 --> 00:47:14,240
They were thrilled because they knew that the success

1160
00:47:14,240 --> 00:47:17,520
of their company was contingent upon some digital offerings

1161
00:47:17,520 --> 00:47:18,760
that were successful.

1162
00:47:18,760 --> 00:47:21,720
So what we did was we tied that together to,

1163
00:47:21,720 --> 00:47:23,800
hey, we're gonna show you the statements of work

1164
00:47:23,800 --> 00:47:25,880
inside the company that these people are,

1165
00:47:25,880 --> 00:47:27,600
we're gonna show you what they're doing.

1166
00:47:27,600 --> 00:47:29,960
Because that's the other thing is if you outsource something,

1167
00:47:29,960 --> 00:47:31,800
it's kind of a mystery as to what they're doing

1168
00:47:31,800 --> 00:47:33,600
to the rest of the people in the company.

1169
00:47:33,600 --> 00:47:36,360
And my belief is if you're more transparent,

1170
00:47:37,840 --> 00:47:39,360
we're in a situation where people go,

1171
00:47:39,360 --> 00:47:41,720
oh, okay, well, yeah, no one here can do that.

1172
00:47:41,720 --> 00:47:43,160
That's great, let's have them do it.

1173
00:47:43,160 --> 00:47:45,680
And that starts to create a dynamic

1174
00:47:45,680 --> 00:47:48,280
that's more of a partnership and less of a,

1175
00:47:48,280 --> 00:47:50,440
and I'm looking at them skeptically,

1176
00:47:50,440 --> 00:47:53,480
like are they gonna take my job or what's gonna happen?

1177
00:47:53,480 --> 00:47:57,440
So it's a delicate dance, but we're really-

1178
00:47:57,440 --> 00:47:58,800
David, this is so important.

1179
00:47:58,800 --> 00:48:00,640
This is so important for business owners

1180
00:48:00,640 --> 00:48:02,440
and visionaries to get, I wanna break this down.

1181
00:48:02,440 --> 00:48:04,960
I know we're actually, we're over time.

1182
00:48:04,960 --> 00:48:06,440
Do you, and I don't wanna pressure you

1183
00:48:06,440 --> 00:48:07,520
if you have a meeting coming up.

1184
00:48:07,520 --> 00:48:09,040
So you know, be respectful of this.

1185
00:48:09,040 --> 00:48:11,680
But it's not a problem, we can keep going.

1186
00:48:11,680 --> 00:48:12,520
Just keep going.

1187
00:48:12,520 --> 00:48:13,360
We got extra five minutes?

1188
00:48:13,360 --> 00:48:14,200
Yep, yep, be sure to.

1189
00:48:14,200 --> 00:48:15,360
We're gonna take five minutes after to recap.

1190
00:48:15,360 --> 00:48:16,920
So are you having a- Yep, that's fine.

1191
00:48:16,920 --> 00:48:19,440
I have till the quarter of the hour, so we're good.

1192
00:48:19,440 --> 00:48:21,000
This is so big for entrepreneurs.

1193
00:48:21,000 --> 00:48:23,800
So one, you talked about Pareto's principle, right?

1194
00:48:23,800 --> 00:48:26,200
The 80-20 rule, whether you're meant to or not.

1195
00:48:26,200 --> 00:48:27,040
That's exactly right.

1196
00:48:27,040 --> 00:48:29,960
You can go from zero to, instead of trying to do

1197
00:48:29,960 --> 00:48:32,080
the 100% that we want to do, and we always imagine,

1198
00:48:32,080 --> 00:48:34,480
oh my gosh, we have to get all of this done.

1199
00:48:34,480 --> 00:48:37,320
When in reality, if we just skip to,

1200
00:48:37,320 --> 00:48:39,480
we don't have to let go of the 80% now.

1201
00:48:39,480 --> 00:48:41,840
We're hitting the 20% that's there.

1202
00:48:41,840 --> 00:48:44,680
But because you're working with an expert in that craft,

1203
00:48:44,680 --> 00:48:46,240
again, they can usually surprise you

1204
00:48:46,240 --> 00:48:49,400
and build more than what was requested

1205
00:48:49,400 --> 00:48:51,320
because we also didn't just shove

1206
00:48:51,320 --> 00:48:53,600
all of this dirty laundry workload on them

1207
00:48:53,600 --> 00:48:55,240
that didn't make sense, isn't planned out,

1208
00:48:55,240 --> 00:48:56,920
isn't actually something that,

1209
00:48:56,920 --> 00:48:59,120
it's more of a scary boogie man monster

1210
00:48:59,120 --> 00:49:01,160
than it is an actual problem.

1211
00:49:01,160 --> 00:49:05,160
So that's a brilliant way to preemptively

1212
00:49:05,160 --> 00:49:07,920
put the Pareto's principle into effect.

1213
00:49:07,920 --> 00:49:08,760
I hadn't thought about it that way.

1214
00:49:08,760 --> 00:49:09,880
Now I'm gonna give you one more,

1215
00:49:09,880 --> 00:49:13,240
and those for the visionaries that are out there too.

1216
00:49:13,240 --> 00:49:15,000
It has come to my attention recently,

1217
00:49:15,000 --> 00:49:17,560
the analogy that as business owners,

1218
00:49:17,560 --> 00:49:20,240
I guess I'll throw myself under the boat,

1219
00:49:20,240 --> 00:49:21,080
but I feel so removed

1220
00:49:21,080 --> 00:49:22,440
because I've been doing this for 14 years,

1221
00:49:22,440 --> 00:49:26,080
but we are awful at shopping responsibly.

1222
00:49:27,680 --> 00:49:30,360
What I mean by that is you can go into a store

1223
00:49:30,360 --> 00:49:32,000
and you know exactly how much you're supposed

1224
00:49:32,000 --> 00:49:33,440
to pay for toilet paper.

1225
00:49:33,440 --> 00:49:36,040
You know how much you're supposed to pay for an avocado.

1226
00:49:36,040 --> 00:49:37,640
You know how much you're supposed to pay for gasoline.

1227
00:49:37,640 --> 00:49:38,720
I don't know anybody who doesn't know

1228
00:49:38,720 --> 00:49:39,880
what their gas prices are.

1229
00:49:39,880 --> 00:49:43,000
Very few people don't see that gas price.

1230
00:49:43,000 --> 00:49:45,240
And you know how to shop and compare

1231
00:49:45,240 --> 00:49:48,160
even when you buy a house and something as big as that.

1232
00:49:48,160 --> 00:49:52,040
But in the business world, we don't know how to shop.

1233
00:49:52,920 --> 00:49:56,320
And we don't know how to compare values

1234
00:49:56,320 --> 00:49:58,600
and look at things from an open perspective.

1235
00:49:58,600 --> 00:50:00,240
I see too many business owners

1236
00:50:00,240 --> 00:50:01,560
that are going about that blind

1237
00:50:01,560 --> 00:50:05,440
and I'm saying like, stop, like shop what I do.

1238
00:50:05,440 --> 00:50:07,280
You know, shop what David does.

1239
00:50:07,280 --> 00:50:09,560
Go out there and do your competitor research

1240
00:50:09,560 --> 00:50:13,080
and see what's out there with a healthy mindset,

1241
00:50:13,080 --> 00:50:16,520
not saying, oh, I see somebody who claims to do this for free

1242
00:50:16,520 --> 00:50:18,920
you know, or do this on Fiverr.

1243
00:50:18,920 --> 00:50:21,240
Like you can't compare the apples and the oranges

1244
00:50:21,240 --> 00:50:23,800
and get the same types of results either.

1245
00:50:23,800 --> 00:50:28,040
You know, there's so much that could be learned about

1246
00:50:28,040 --> 00:50:28,880
in that regard.

1247
00:50:28,880 --> 00:50:32,160
And here's what I mean by that in terms of

1248
00:50:32,160 --> 00:50:33,880
how can you apply this for yourself

1249
00:50:33,880 --> 00:50:38,840
as making sure that you are getting services

1250
00:50:38,840 --> 00:50:40,120
at a fraction of the cost.

1251
00:50:40,120 --> 00:50:44,400
I'll give you an example at First Glass Business.

1252
00:50:44,400 --> 00:50:46,600
We believe in a pay what you can model.

1253
00:50:47,640 --> 00:50:49,640
That terrifies business owners.

1254
00:50:49,640 --> 00:50:50,480
Yeah.

1255
00:50:50,480 --> 00:50:53,000
They think, oh my gosh, like, well, what if I'm overpaying?

1256
00:50:53,000 --> 00:50:54,440
Well, if you're worried about overpaying

1257
00:50:54,440 --> 00:50:56,760
go to your market research.

1258
00:50:56,760 --> 00:50:59,280
You know, just go look and see, or ask us directly.

1259
00:50:59,280 --> 00:51:02,960
Like how much does the design, you know, how much does a,

1260
00:51:02,960 --> 00:51:03,840
oh, what do they call that?

1261
00:51:03,840 --> 00:51:05,600
The branding guide cost.

1262
00:51:05,600 --> 00:51:06,640
Right.

1263
00:51:06,640 --> 00:51:08,840
It doesn't actually have a cost to it.

1264
00:51:08,840 --> 00:51:09,680
Yeah, exactly.

1265
00:51:09,680 --> 00:51:11,800
The high costs on my branding guides,

1266
00:51:12,920 --> 00:51:17,240
maybe a grand total of $60 to get a brand,

1267
00:51:17,240 --> 00:51:18,480
to get a branding guide done.

1268
00:51:18,480 --> 00:51:19,680
Wow.

1269
00:51:19,680 --> 00:51:20,520
Yeah.

1270
00:51:20,520 --> 00:51:22,560
And so I've had clients who've come on board,

1271
00:51:22,560 --> 00:51:24,560
they go and buy that without telling us,

1272
00:51:24,560 --> 00:51:25,960
even though they know the full scope of work

1273
00:51:25,960 --> 00:51:27,520
for what we do is insane.

1274
00:51:27,520 --> 00:51:30,480
And they spend $3,500 on a branding guide.

1275
00:51:30,480 --> 00:51:34,200
And I'm like, if you just talk to us, like,

1276
00:51:34,200 --> 00:51:37,720
one, you'd be happy with it and you're not happy with it.

1277
00:51:37,720 --> 00:51:41,680
Two, you wouldn't have even had to pay for it

1278
00:51:41,680 --> 00:51:46,120
because we're working on profitability for your company.

1279
00:51:46,120 --> 00:51:49,400
And that's how we drive the success of our clients

1280
00:51:49,400 --> 00:51:51,400
and how we drive the reinvestments with us

1281
00:51:51,400 --> 00:51:55,120
is what we're doing leading to profits

1282
00:51:55,120 --> 00:51:58,120
because we happen to play in that ballpark and mechanism.

1283
00:51:58,120 --> 00:52:02,760
So if you're trying to assess who you should work with

1284
00:52:02,760 --> 00:52:05,880
as a brand out there, visionaries,

1285
00:52:05,880 --> 00:52:07,160
and again, it goes back to your quote,

1286
00:52:07,160 --> 00:52:08,000
let me go back to your quote here

1287
00:52:08,000 --> 00:52:10,680
because your quote set up really, really well.

1288
00:52:10,680 --> 00:52:13,280
You said, don't be afraid to learn, right?

1289
00:52:13,280 --> 00:52:15,440
Don't be afraid to learn the new things.

1290
00:52:16,400 --> 00:52:18,200
Ask the tough questions.

1291
00:52:18,200 --> 00:52:20,720
Ask the uncomfortable questions

1292
00:52:20,720 --> 00:52:22,200
of the leaders you wanna work with

1293
00:52:22,200 --> 00:52:25,000
because if they can't handle that,

1294
00:52:25,840 --> 00:52:28,800
they're not a great leader for one.

1295
00:52:28,800 --> 00:52:30,120
Go ahead, you got a thought on that.

1296
00:52:30,120 --> 00:52:31,560
No, that's awesome, Jackson.

1297
00:52:31,560 --> 00:52:33,640
You actually hit the nail on the head.

1298
00:52:33,640 --> 00:52:38,080
I'm gonna go back to that town hall bad leadership experience

1299
00:52:38,080 --> 00:52:42,280
because one of the things I learned from that experience

1300
00:52:42,280 --> 00:52:44,200
was it's not something that might be obvious.

1301
00:52:44,200 --> 00:52:48,440
And that was that I also wished that people on my team

1302
00:52:48,440 --> 00:52:50,920
had asked questions of the person

1303
00:52:50,920 --> 00:52:53,160
who was taking credit for stuff.

1304
00:52:53,160 --> 00:52:57,560
And that got me to a place where when I conduct meetings

1305
00:52:57,560 --> 00:53:00,080
or I have conversations with people,

1306
00:53:00,080 --> 00:53:02,120
I will tell them upfront,

1307
00:53:02,120 --> 00:53:04,520
I wanna know exactly what you're thinking.

1308
00:53:04,520 --> 00:53:07,600
The most controversial question you have

1309
00:53:07,600 --> 00:53:09,720
that you might be afraid to ask

1310
00:53:09,720 --> 00:53:12,320
because either you don't think I can answer it

1311
00:53:12,320 --> 00:53:16,360
or you are very skeptical of the entire discussion.

1312
00:53:16,360 --> 00:53:17,760
And I love that.

1313
00:53:17,760 --> 00:53:19,920
And I like that in town hall settings too.

1314
00:53:19,920 --> 00:53:21,240
I even say that.

1315
00:53:21,240 --> 00:53:23,320
Look, you're all thinking the same thing.

1316
00:53:23,320 --> 00:53:25,120
If you don't ask the question, I'm gonna ask it

1317
00:53:25,120 --> 00:53:26,240
and then I'll answer it

1318
00:53:26,240 --> 00:53:27,760
and we'll have a discussion about it.

1319
00:53:27,760 --> 00:53:30,600
Because we have a tendency I believe to hold back.

1320
00:53:30,600 --> 00:53:32,680
Business owners do this all the time, right?

1321
00:53:32,680 --> 00:53:33,760
Can be a lot of reasons for that,

1322
00:53:33,760 --> 00:53:35,920
but you have articulated it really well.

1323
00:53:35,920 --> 00:53:37,160
Ask those tough questions.

1324
00:53:37,160 --> 00:53:39,560
Don't let people get away

1325
00:53:39,560 --> 00:53:41,600
without asking the difficult questions.

1326
00:53:41,600 --> 00:53:44,200
And I like being put on the spot

1327
00:53:44,200 --> 00:53:47,200
and if I can't deliver something, I will tell you.

1328
00:53:47,200 --> 00:53:50,760
Yeah, and that's the definition of an expert.

1329
00:53:50,760 --> 00:53:51,640
That's what Matt Cutts,

1330
00:53:51,640 --> 00:53:53,000
the search director of Google taught us

1331
00:53:53,000 --> 00:53:54,040
when I was at El Local.

1332
00:53:54,040 --> 00:53:57,600
And it was that an expert is a person who,

1333
00:53:57,600 --> 00:53:58,760
they don't know everything.

1334
00:53:58,760 --> 00:54:01,160
They're the person who will go get the answer though.

1335
00:54:01,160 --> 00:54:04,080
And they know their limitations.

1336
00:54:04,080 --> 00:54:05,160
They're not the God of all wisdom.

1337
00:54:05,160 --> 00:54:07,920
So David, this has been awesome.

1338
00:54:07,920 --> 00:54:09,760
It's hard not to call you the God of all wisdom

1339
00:54:09,760 --> 00:54:11,800
with how much you've taught us.

1340
00:54:11,800 --> 00:54:14,760
So I'm sure you have your flaws and shortcomings too,

1341
00:54:14,760 --> 00:54:17,160
but we saw a lot of wisdom in depth today.

1342
00:54:17,160 --> 00:54:19,560
Those of you who are listening in on the Lanny page,

1343
00:54:19,560 --> 00:54:22,120
we will have a section below that says action steps.

1344
00:54:22,120 --> 00:54:24,960
And you can of course click on those links down there

1345
00:54:24,960 --> 00:54:27,000
to see how to connect with David

1346
00:54:27,000 --> 00:54:30,760
based on the different offerings that he has available.

1347
00:54:30,760 --> 00:54:32,240
In addition, there's one more call to action

1348
00:54:32,240 --> 00:54:33,280
I wanna draw to your attention.

1349
00:54:33,280 --> 00:54:34,760
It's in the top right corner.

1350
00:54:34,760 --> 00:54:36,200
It says, be our guest.

1351
00:54:36,200 --> 00:54:38,080
If you have a vision that matters,

1352
00:54:38,080 --> 00:54:40,000
you wanna get on stage and talk to people

1353
00:54:40,000 --> 00:54:40,840
about what you're up to in the world

1354
00:54:40,840 --> 00:54:42,200
and what you're building,

1355
00:54:42,200 --> 00:54:44,160
then don't hesitate to apply and meet with us.

1356
00:54:44,160 --> 00:54:46,520
We would love to see your vision as long as it's holistic,

1357
00:54:46,520 --> 00:54:49,600
as long as you're striving to be a great leader to others.

1358
00:54:49,600 --> 00:54:54,600
And it doesn't matter if you are Peter Thiel,

1359
00:54:54,600 --> 00:54:59,600
or Elon Musk battling out over the past PayPal story,

1360
00:55:00,360 --> 00:55:03,680
or you're Peter Jones and nobody knows who you are.

1361
00:55:03,680 --> 00:55:05,480
I still want you on the stage.

1362
00:55:05,480 --> 00:55:09,400
And Peter Thiel, we'd love to have you too.

1363
00:55:09,400 --> 00:55:10,920
So David, thanks for being here today

1364
00:55:10,920 --> 00:55:12,640
and everybody have an excellent rest of your day.

1365
00:55:12,640 --> 00:55:14,000
Thanks for allowing us to go over

1366
00:55:14,000 --> 00:55:15,400
and we'll see you on the next episode.

1367
00:55:15,400 --> 00:55:16,240
Thank you, Jackson.

1368
00:55:16,240 --> 00:55:17,280
Thank you for being here today.

1369
00:55:17,280 --> 00:55:19,760
I'm really happy that you tuned in to Vision Pros Live.

1370
00:55:19,760 --> 00:55:22,400
I'm looking forward to seeing your reactions

1371
00:55:22,400 --> 00:55:24,720
as these episodes continue to move forward.

1372
00:55:24,720 --> 00:55:26,400
This is gonna get more and more fun.

1373
00:55:26,400 --> 00:55:28,200
We'll have more and more engagement as well.

1374
00:55:28,200 --> 00:55:30,320
We'll invite people to participate in the show

1375
00:55:30,320 --> 00:55:32,680
and thank you for giving us your time and attention.

1376
00:55:32,680 --> 00:55:59,680
Have an excellent time building out your.

