8 to Start 2018; Hagerty’s Office Design; Solopreneurs; Jan 30 – Feb 4 Panama
January 4, 2018
This Fast-Growing Dermatology Group Cut Turnover Dramatically
January 11, 2018

Richest Ever?; Rethinking HR; 2018 Year of…; Rich Moran

"…insights for scaleups"

HEADLINES:

YPO-only CEO Boot Camp today's insight will be short since John Ratliff and I are hosting another CEO Boot Camp this week in Marathon, FL. (all consuming). Limited to 10 CEOs, McKeel Hagerty, immediate past International Chair of YPO, is co-hosting a YPO-only CEO Boot Camp with us May 29 – June 1. April 3 – 6 is open (4 spots left) to all CEOs. For more info.

Jeff Bezos Richest Person of All Time (besides Putin!)? this week the founder of Amazon leaped ahead of Bill Gates according to this Money magazine article as the richest person ever in terms of net worth. However, all this is debatable if one inflation adjusts Gates brief $100 billion next worth in 1999, which would be $140 billion in today's dollars. And if Gates hadn't given away over $60 billion he would be worth over $150 billion today. Then there is Russia President Vladimir Putin's unofficial net worth estimated by Bill Browder, formerly Russia's largest foreign investor, at over $200 billion. Browder wrote a brilliant and insightful book called Red Notice: A True Story of High Finance, Murder, and One Man's Fight for Justice. Fun facts (and reading) for this weekend's gatherings!

Fast Growing Dermatology Group Rethinks HR (Gazelles case study) As Schweiger Dermatology Group expanded to 502 employees and 31 locations, CEO Eric Schweiger, MD, realized he needed to rethink his HR processes to build the right team to scale the business. My latest Huffington Post piece details how they created a new position – VP of employee experience led by Ana Welsh – and implemented Topgrading, testing, a new in-depth onboarding process, and their version of the Dream On program poineered by John Ratliff when he was scaling Appletreenswers. Results? Turnover, including their call center employees, has droppped from 60% to 26% in one year – and continues to drop. Plea take 2 minutes to read the details.

2018 Year of Scaleups as Gazelles' newest advisor Rich Moran notes in his latest LinkedIn article, the focus on scaleups has really accelerated. We've just wrapped up our annual planning session and have priorities set to contribute significantly to this movement in 2018 and beyond. It's exciting times! Rich is President emeritus of Menlo College; has guided many venture backed firms; was on the Venrock VC team; and was my Regis McKenna coach back in the early 80s. He's also written eight business books, creating a new genre of "bullet books." Glad to be back working with Rich.

EXITING: Thinking about selling the business for $40 million or more? Want to get 25% to 200% more than you thought? Request the whitepaper from the Exit Strategies Summit at Harvard from Denise Richmond at (610) 299-6466 or email at [email protected]

COACHING:

Have you ever wondered if working with a coach might accelerate your company's growth, exponentially? Do you have what it takes to move the dial from
good to great? Click here to watch Gazelles International President Keith Cupp describes the four most important attributes of successful clients. Contact us at [email protected] for more information.
 
And if you're interested in becoming a world-class certified Gazelles International coach, please go to gicoaches.com/becomeacoach for more information. If you determine that we're a fit and wish to join our premier organization, we invite you to contact our Dir. of Coach Engagement at [email protected] or 877.217.2253 ext.700.

TECHNOLOGY:

Create Accountability – Drive Execution
Click Here to Watch a video example.

Align is your cloud based business operating system designed to keep you on your path to executing your goals. See, in real time every person in your organization and how they are progressing on their priorities – alongside how they Align to the Company Priorities! Scale Up your Rockefeller Habits implementation with www.aligntoday.com – on your computer, tablet or phone. $5.00 per month gets you started.

Better Book Club — What's your team reading? Increase your books read per team member. Easy, Proven, and in the Cloud at http://www.BetterBookClub.com.

Verne Harnish
Verne Harnish
Verne Harnish is founder of the world-renowned Entrepreneurs’ Organization (EO) and chaired for fifteen years EO’s premiere CEO program, the “Birthing of Giants” and WEO’s “Advanced Business” executive program both held at MIT. Founder and CEO of Gazelles, a global executive education and coaching company with over 150 coaching partners on six continents, Verne has spent the past three decades helping companies scale-up. The “Growth Guy” syndicated columnist, he’s also the Venture columnist for FORTUNE magazine. He’s the author of Scaling Up (Rockefeller Habits 2.0); Mastering the Rockefeller Habits; and along with the editors of Fortune, authored The Greatest Business Decisions of All Times," for which Jim Collins wrote the foreword. Verne also chairs FORTUNE Magazine’s annual Leadership and Growth Summits and serves on several boards including chairman of The Riordan Clinic and the newly launched Geoversity. He is an investor in many scale-ups. A father of four, he enjoys piano, tennis, and magic as a card-carrying member of the International Brotherhood of Magicians.