Fortune 500 Fun Facts; CEO’s #1 Challenge; Stay Interviews; June 10 ViewingJune 4, 2015
How to brag; Apply to win; Unlimited vacation; Scaling Up wins six awardsJune 16, 2015
"…insights for scale-ups"
Everyone has a plan until they get punched in the face.
June 25 Next Topgrading Online Course — Click here to register. More info below, but first…
Looking For an Experienced #2? — Catherine Rogers helped Scott Tannas scale-up Western Financial Group to $1.4 billion before it was sold. She's available – more info below, but second…
Single Biggest Reason Startups Succeed — Bill Gross, founder of Idealab, which has launched over 100 companies the past 20 years including PetSmart, NetZero, and CitySearch, studied their successes and failures and concluded that the single biggest reason for success isn't the idea or team or execution or funding – but timing! You want to catch a wave and ride it. Too early or too late and you face a lot of frustration. Bill's 6 minute TED talk is worth watching (and includes the Tyson quote). Thanks to Gazelles coaching partner Terry Schaefer for sending me the link.
True Alpha Male Behavior — seems what we thought was alpha male behavior isn't what the typical "top wolf" exhibits. Notes this NY Times article:
The article goes on to conclude:
Please take 3 minutes to scan the article – many more specific insights – and an article worth sharing with your children.
Most Important Trait of a Leader — Jeff Immelt, in pivoting GE over the past decade, has done both $100 billion in acquisitions and $100 billion in divestitures – that's gutsy. And GE has paid out over $150 billion in dividends during Immelt's tenure. In this far reaching Fortune interview from the HQ of Facebook (not a typo!), Immelt explains the transition he's led at GE. Towards the middle of the interview, Patricia Sellers asks:
$1 Billion Leadership Training — GE spent $1 billion last year training over 40,000 leaders at their famous education center Crotonville. In the interview Immelt goes on to describe additional key traits of a leader. Again, it's lengthy (7 minutes) but worth scanning down through for real insights into how a CEO/leader answers questions – I learn as much from style as content. Thanks to Martin West, Director of Australian-based XGAP for point me to this interview.
Greatest Headline Ever — how you title things – white papers, press releases, articles, blog posts – really matters. One of the best headline writers, Vincent Musetto, passed away earlier this week. His claim to fame, according to this NY Times article is "the most anatomically evocative headline in the history of American journalism." Take 10 seconds to click on the link to read the famous "headless" headline. For your own headline writing, take the time to brainstorm and test ideas – -again, headlines matter!
Save A Life—Help EO Founding Board Member – Jim Moseley needs your vote – that's all. One of the 22 founding board members of EO, Jim is out to save the lives of fireman with his NASA-based fire shelter. To be considered for a 100k grant through Chase Bank (and the publicity it entails), he needs 250 votes. Please take 15 seconds to click on this link. Type in "SunSeeker Fire Tech" and vote. Thanks a million.
Experienced #2 — Catherine Rogers was the disciplined operator of the duo with entrepreneur Scott Tannas as they built Western Financial from a small town insurance agency to a $1.4 billion financial services behemoth. Having sold the company recently, and with the transition complete, Catherine is looking for another exciting challenge in Canada or USA. Scott, himself, emailed me to see if I would put the word out on Catherine's behalf, which I'm always happy to do when the founder/CEO is making the reference (plus I've known Catherine for over a decade – she and her team have attended almost every Fortune Summit – with often the largest team sitting upfront!). Notes Catherine, "I'm hoping to find another high growth company where I can bring my skills to bear. Verne, if you know of any Gazelles who need an operations / administration executive (permanent or consulting role) with a strong finance background, I'd be keen to hear from them. I'm equally interested and adept in crisis situations, or where there is a need to change direction, or just tighten things up." Email her at [email protected]
June 25 Next Topgrading Online Course — The war for talent is fierce for companies of all sizes. With that, concerns arise regarding vague job descriptions, ineffective reference checks, and resume screening. If your business is planning to hire new team members, you will want to learn and implement the Topgrading methodology with a personalized Online Course. Hiring is the #1 skill of leaders. And even if you have only one candidate, Topgrading is like an x-ray into knowing the pluses and minuses of who you're hiring. Our next Online Course starts on June 25th. Click here to register.
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What is the value of working with a Certified Gazelles International Coach? There are four key roles a coach plays in helping your company Scale Up…listen here to learn.