John and Connie: Hi, and welcome
Speaker:to another episode of Celebrating
Speaker:Small Family Businesses.
Speaker:Today, we are celebrating, not
Speaker:separating, celebrating John and Jen
Speaker:Chan from Vancouver, British Columbia.
Speaker:Hi, John.
Speaker:Hi, Jen.
Speaker:John and Jenn: Hello.
Speaker:Hello there.
Speaker:John and Connie: So, we connected through
Speaker:a wonderful service called Podmatch.
Speaker:I'd love to give them a little shout out.
Speaker:I'm glad we got connected.
Speaker:So, how, tell me a little bit about
Speaker:your business and your origin story.
Speaker:How did it get started?
Speaker:John and Jenn: So I'll take this one.
Speaker:I think we've been
Speaker:working on this company.
Speaker:So we run a marketing agency called
Speaker:2X and we've been running it since
Speaker:2016 or so, starting off as a
Speaker:conversion rate optimization agency.
Speaker:So if you're not familiar with
Speaker:conversion rate optimization agency,
Speaker:we're basically a design consultants.
Speaker:Where we'll do redesigns and it
Speaker:will measure for for improvements
Speaker:and that started in 2016 But this
Speaker:is actually our second company.
Speaker:Um, the first time we started working
Speaker:together was a software company
Speaker:back in 2013 So almost, you know 10,
Speaker:11 years ago at this point where,
Speaker:um, we wrote and sold software.
Speaker:And so we had a productivity
Speaker:app that I was practicing and
Speaker:learning how to code on the side.
Speaker:And, uh, she brought, she joined
Speaker:in to help support me with that
Speaker:project and it became a company.
Speaker:And, um, and yeah, we've been
Speaker:running the agencies since, and, uh,
Speaker:that's kind of like our background.
Speaker:John and Connie: Cool.
Speaker:Alright.
Speaker:And, and, did you guys, was that your
Speaker:first meeting when, when Jen joined
Speaker:you, uh, to, to build the software?
Speaker:John and Jenn: No, actually
Speaker:we met at a conference in 20.
Speaker:2011, right?
Speaker:It's 2010, 2011.
Speaker:Cause it's like right at the
Speaker:cusp of like December of 2011.
Speaker:Um, yeah, we met at a conference
Speaker:and we were pretty much both the
Speaker:youngest people there and just clicked
Speaker:and, you know, in ways that we just
Speaker:kind of connected and then it just
Speaker:kind of became that afterwards.
Speaker:We didn't start working
Speaker:together until 2013.
Speaker:So it was a couple of years.
Speaker:I was still on my last year in college.
Speaker:University.
Speaker:So that was that was that
Speaker:John and Connie: Wonderful.
Speaker:Wonderful.
Speaker:So, conversion rate optimization,
Speaker:you, you can explain that, right?
Speaker:Sure.
Speaker:I
Speaker:John and Jenn: We started as an
Speaker:optimization agency.
Speaker:We're currently a advertising agency.
Speaker:So we run ads for e commerce and
Speaker:SAAS businesses, um, software
Speaker:businesses, mostly on the e commerce
Speaker:side, because we also have a Bought
Speaker:e commerce stores ourselves or
Speaker:e commerce businesses ourselves.
Speaker:We have two brands under our own name
Speaker:Um and run it for that as well so a
Speaker:little bit on the venture side a little
Speaker:bit on the agency side for client
Speaker:servicing, but Um, john can probably
Speaker:tell you more about what is the end
Speaker:goal of the whole entire business Uh,
Speaker:he's probably going to be more adequate
Speaker:to actually give you the whole spiel
Speaker:John and Connie: Okay.
Speaker:Okay.
Speaker:Well, what I'm hearing is that you're Wow.
Speaker:Leverage.
Speaker:You don't sleep a lot.
Speaker:John and Jenn: No, fortunately you see
Speaker:these eye bags are like right out there
Speaker:It's um, she picked it right away.
Speaker:John and Connie: That's that's her.
Speaker:Um, so you..
Speaker:Conversion rate optimization is kind
Speaker:of like fine tuning the, the ad.
Speaker:So you've, you've got that experience
Speaker:on the back end and then you come
Speaker:into now you're running ads and you're
Speaker:also eating your own cooking by.
Speaker:Running your own brands and, and
Speaker:testing and, and refining on your
Speaker:own, you know, like spending your
Speaker:own money to do, to back up what
Speaker:you're doing for other people.
Speaker:That's awesome.
Speaker:John and Jenn: Absolutely
Speaker:You hit the nail on the head.
Speaker:John and Connie: Awesome.
Speaker:I hit the nail on the head.
Speaker:You hear that?
Speaker:Yeah, there you go.
Speaker:Impressive.
Speaker:So, uh, I, I, one of the questions
Speaker:we like to ask is, what's a, unique
Speaker:proposition or, , what, what's kind of
Speaker:sets you guys apart in your industry?
Speaker:I might have just said it,
Speaker:but I want to hear you say it.
Speaker:John and Jenn: Of course.
Speaker:Yeah, I mean, if you look at the career
Speaker:history, so I'll start there and I'll
Speaker:kind of explain the work that we do,
Speaker:what's unique about the way we do things.
Speaker:In my case, I had basically
Speaker:three major arcs in my career.
Speaker:I started off as a user
Speaker:experience designer, so I
Speaker:came from a design background.
Speaker:I dropped out of school.
Speaker:Um, but I learned how to code in
Speaker:high school and then that became sort
Speaker:of like the, the backbone for the
Speaker:foundational skill sets around if I
Speaker:make a webpage, who are the people
Speaker:behind the webpage that I'm servicing.
Speaker:And I, like, I was some skills that,
Speaker:um, I did that at a university for about
Speaker:four, four and a half years working
Speaker:at university, not studying there.
Speaker:So I, so I did a for, for a while
Speaker:and that sort of led into the
Speaker:conversion optimization agency.
Speaker:Um, but part of the reason why we
Speaker:started a software company was because.
Speaker:In 2012 or so I joined, , in our
Speaker:industry, a well known software
Speaker:company called Basecamp or 37 signals.
Speaker:They rebranded.
Speaker:Um, and so what they do is they sell
Speaker:project management software and they
Speaker:invented a, uh, programming language.
Speaker:And so through working with them,
Speaker:I got to see how they ran a remote
Speaker:company, , firsthand, cause they wrote
Speaker:and published a lot of work around that.
Speaker:, and they wrote and sold
Speaker:their own software.
Speaker:And so being able to see those
Speaker:types of things, it, it really You
Speaker:know, I learned a lot from them,
Speaker:but I also kind of rubbed off on me.
Speaker:And so when I came back here,
Speaker:um, they're based in Chicago.
Speaker:When I came back to Vancouver and growing
Speaker:the software company, it kind of got us
Speaker:like through a period where we learned
Speaker:a lot more about technical skills
Speaker:of the development side of products.
Speaker:Um, but towards the end of that
Speaker:company, we started realizing and
Speaker:thinking to ourselves, At least
Speaker:incorrectly so, initially, where we
Speaker:thought we weren't good at marketing
Speaker:because we were able to sell a
Speaker:product that people generally loved.
Speaker:We're good at design.
Speaker:We're able to write software,
Speaker:but we couldn't figure out the
Speaker:distribution of that software.
Speaker:And so, you know, throughout the
Speaker:years, we've always believed in
Speaker:teaching what we needed to learn.
Speaker:And so initially, we, we, Dipped
Speaker:into consulting by leveraging the
Speaker:skill sets that we already had.
Speaker:But over the course of the years,
Speaker:we realized that media buying and
Speaker:running advertising campaigns was a
Speaker:more effective way of approaching it.
Speaker:And as you get into the question of
Speaker:what makes us unique, very few people
Speaker:have that kind of history of being
Speaker:a designer and then we get into a
Speaker:technical sort of skillset and then
Speaker:layering that on top of marketing.
Speaker:And so our consumers that we serve
Speaker:when we run ads, they go through
Speaker:the entire Can you see an ad?
Speaker:You click on the link.
Speaker:There's an experience of what happens
Speaker:when you get to the website or the landing
Speaker:page all the way through the checkout.
Speaker:And we can think about that entire life
Speaker:cycle of the journey and later, how does
Speaker:the advertising campaign bleed into the
Speaker:messaging on the website to the checkout
Speaker:experience of how they consume the
Speaker:product in order for them to come back?
Speaker:And I would say that most shops,
Speaker:understandably so, are supposed to
Speaker:be specializing in each of those
Speaker:segments in those areas, but very few
Speaker:would be able to tie it all together.
Speaker:And also have the ability to have
Speaker:analytics, um, measure from point
Speaker:A to point B, um, from start to
Speaker:finish, um, with the recognition
Speaker:that sometimes data can be wrong.
Speaker:There's a lot of nuance behind the
Speaker:technical side of it, where if you're
Speaker:not a developer, it hard, it's hard
Speaker:to do that type of work as a marketer.
Speaker:John and Connie: Dang.
Speaker:That, that's a lot.
Speaker:I, I understand.
Speaker:Actually, I, I could
Speaker:quickly show my ignorance.
Speaker:Uh, yeah, , like, attribution , of sales,
Speaker:of, , where it came, there's, there's
Speaker:different ways of attribution from,
Speaker:you know, first click and last click
Speaker:and in between and, and all that stuff.
Speaker:And, and yeah, tracking all that
Speaker:is an , somewhat inexact science
Speaker:because of the different platforms
Speaker:and because people are people, right?
Speaker:John and Jenn: you hit the nail on
Speaker:the head again because it's, it's,
Speaker:it's a very hard problem because
Speaker:there are technical barriers to it and
Speaker:there's also platform barriers to it.
Speaker:So for example, if you're on
Speaker:advertising on meta, um, it used
Speaker:to be that was very easy for, um,
Speaker:meta to track what happens on the
Speaker:consumer side all the way to purchase.
Speaker:Um, but with Apple coming with.
Speaker:Better consumer privacy
Speaker:protection settings.
Speaker:What does it actually
Speaker:mean for the advertiser?
Speaker:And so when you're reading numbers in
Speaker:your advertising campaign in determining
Speaker:how do you set budgets or to diagnose
Speaker:if a particular ad creative or ad
Speaker:campaign is, is it on the ad creative
Speaker:side of things, or is it on the landing
Speaker:page of side of things, and then the
Speaker:measurement is not fully accurate,
Speaker:how do you know which one to look
Speaker:at versus which ones do you ignore?
Speaker:Right.
Speaker:And so if you layer that on top of
Speaker:the statistics behind it and say,
Speaker:this one is statistically significant,
Speaker:this one is not, this way you can
Speaker:run an experiment to get to the point
Speaker:of, um, be able to interpret it.
Speaker:This one you cannot.
Speaker:Um, those are all, uh, tools that are,
Speaker:are available to us, um, because we
Speaker:come from that kind of background to
Speaker:think about things technically, and
Speaker:also being versed in analytics and math.
Speaker:John and Connie: Okay, yeah, I think
Speaker:probably the, the average marketing,
Speaker:small marketing firm is, is more, just
Speaker:more focused on, you know, how much
Speaker:budget we'll get, we'll get you, you
Speaker:know, we'll run the ads for this long and
Speaker:we'll spend your budget and good luck.
Speaker:John and Jenn: Right.
Speaker:It's like, we'll get and get our ROI.
Speaker:We know we spend this money and
Speaker:we can get this return back.
Speaker:Um, but how does it exactly play out?
Speaker:And, and again, it's always, the
Speaker:devil's always in the details.
Speaker:Right.
Speaker:And how do you, uh, uh, prioritize
Speaker:certain budgets versus others?
Speaker:For marketing efforts towards
Speaker:one efforts for the other.
Speaker:Um, You know, that's the kind of thing
Speaker:that we've developed over the years
Speaker:that we now recognize that is a very
Speaker:unique strength to us, especially if
Speaker:we're tasked to audit another brand
Speaker:or another agency's ad accounts.
Speaker:We usually find a lot of issues where
Speaker:it's like, yeah, they're not supposed
Speaker:to know that, and neither are you.
Speaker:And therefore we can
Speaker:do something about it.
Jenn Lo:The other thing it's like, I
Jenn Lo:can add is probably, um, John, you can
Jenn Lo:probably speak a lot more into is, um,
Jenn Lo:What kind of going back to what you
Jenn Lo:were saying, I was like, what kind of
Jenn Lo:distinguish between us versus others in
Jenn Lo:the industry, um, of When we actually go
Jenn Lo:and look at a client or potential client
Jenn Lo:or even our clients right now We don't
Jenn Lo:often talk about having profitable skip
Jenn Lo:profitable and scalable ads And what does
Jenn Lo:that really mean john probably have a
Jenn Lo:better better better way to explain that
Jenn Lo:than I do So maybe you can actually talk
Jenn Lo:John and Jenn: sure I mean, it's one
Jenn Lo:of those things where it's tables big
Jenn Lo:for any marketing campaign You have to
Jenn Lo:make sure it's profitable and I think
Jenn Lo:I see not always I see sometimes people
Jenn Lo:approach marketing You Um, from the
Jenn Lo:perspective of just wearing a marketing
Jenn Lo:hat, whereas realistically you should
Jenn Lo:be wearing a finance hat, right?
Jenn Lo:And so marketing and finance, they
Jenn Lo:both work hand in hand from both from
Jenn Lo:a finance, uh, planning side of things,
Jenn Lo:but also being able to read a P and L.
Jenn Lo:So if you know that, you know,
Jenn Lo:the unique economics of an ad
Jenn Lo:campaign, is it be profitable?
Jenn Lo:What does that look like in terms of
Jenn Lo:the profile of the business, in terms
Jenn Lo:of your EBIT and your net margins?
Jenn Lo:Um, is the company profitable?
Jenn Lo:If you can think about strategic
Jenn Lo:options for do you fundraise or not?
Jenn Lo:Are you looking to sell
Jenn Lo:the business or not?
Jenn Lo:There are different levers that are
Jenn Lo:available to you from a marketing
Jenn Lo:perspective that I talk a little bit
Jenn Lo:less about because I think I understand
Jenn Lo:that most intuitively understand that.
Jenn Lo:But to Jen's point, it's, it's
Jenn Lo:not just dollar in dollar out
Jenn Lo:and making sure it's profitable.
Jenn Lo:We should, you know, always track
Jenn Lo:it down to the, uh, the unique
Jenn Lo:economics and see what the overall
Jenn Lo:strategy of the company is.
Jenn Lo:And I think that's the biggest
Jenn Lo:piece of what just just separates us
Jenn Lo:as a business to others that is in the
Jenn Lo:industry that is doing similar services
Jenn Lo:to us and why people why clients choose
Jenn Lo:us over the others just because we do
Jenn Lo:ask those tough questions and like hey
Jenn Lo:um not just looking at your ad creative
Jenn Lo:not just looking at your ad account
Jenn Lo:how much are you trying to sell spend?
Jenn Lo:How much are you trying to let go?
Jenn Lo:What is the end goal of the company at
Jenn Lo:the like next 6 months, next 12 months?
Jenn Lo:What is the margins and net things
Jenn Lo:that you're trying to actually reach?
Jenn Lo:We look at all those things to
Jenn Lo:think about how should we go about
Jenn Lo:putting a plan together for the next
Jenn Lo:6 to 12 months of working together.
Jenn Lo:John and Connie: Wow.
Jenn Lo:Okay.
Jenn Lo:Yeah, you're, you are heads and
Jenn Lo:tails, over above everything
Jenn Lo:else that we've, we've done.
Jenn Lo:We've talked to and other companies.
Jenn Lo:Yeah.
Jenn Lo:Wow.
Jenn Lo:Good job.
Jenn Lo:So, shifting slightly to, yeah, I mean
Jenn Lo:I'm geeking out here, but Exactly.
Jenn Lo:We need to get out of here.
Jenn Lo:We are talking about family.
Jenn Lo:So, um, what do you love most
Jenn Lo:about working with family?
Jenn Lo:John and Jenn: I have lots to
Jenn Lo:say, but why don't you start?
Jenn Lo:I think it's a tough one.
Jenn Lo:Cause I'm like, I, I didn't really start,
Jenn Lo:start loving it in the first place.
Jenn Lo:I actually didn't want to work with him.
Jenn Lo:Um, I worked with him initially
Jenn Lo:just because of, okay, I know he
Jenn Lo:was struggling with something.
Jenn Lo:I know I'm good at that to
Jenn Lo:actually be able to support that.
Jenn Lo:Um, my personality is very
Jenn Lo:much of a very supportive role,
Jenn Lo:um, throughout my entire life.
Jenn Lo:Anyways, so I support anywhere
Jenn Lo:and anyone that is around me.
Jenn Lo:So When he is asking, when he
Jenn Lo:asked, I was like, yeah, of
Jenn Lo:course I can do that for you.
Jenn Lo:And I'm here for the long run anyway.
Jenn Lo:So I'm like, okay, I'm going to be here.
Jenn Lo:And it was supposedly temporary.
Jenn Lo:Then it became a serious afterwards.
Jenn Lo:I'm like, okay, well, since I'm
Jenn Lo:here already, let's just go with it.
Jenn Lo:Um, so it's just going
Jenn Lo:through this rollercoaster.
Jenn Lo:And I just went on this board of
Jenn Lo:train, thinking I was going to get off.
Jenn Lo:The next stop, but no, it just kept going.
Jenn Lo:Uh, what I kind of loved about
Jenn Lo:working with him over years, I
Jenn Lo:think we started working together
Jenn Lo:when we were in the 20s, right?
Jenn Lo:So mid 20s, uh, through the next
Jenn Lo:like 10 years of working together,
Jenn Lo:we grew together as a Individuals
Jenn Lo:and as partners and as lovers and
Jenn Lo:as like now we're married, right?
Jenn Lo:So there's a lot of growing up that
Jenn Lo:we were doing together, and I think
Jenn Lo:it's quite interesting and it's not I
Jenn Lo:don't think a lot of couples that have
Jenn Lo:worked together and is in business
Jenn Lo:together have gone through that as well.
Jenn Lo:So, that's like part of
Jenn Lo:the actuality of our story.
Jenn Lo:Uh, of where, how we grow up
Jenn Lo:together and now going into
Jenn Lo:business throughout that 10 years.
Jenn Lo:Uh, lots and lots of things have changed.
Jenn Lo:Personality have changed.
Jenn Lo:Our mindset have changed.
Jenn Lo:Our habits and like, things that we,
Jenn Lo:do have changed, our perspectives
Jenn Lo:have changed over time as well.
Jenn Lo:And learning from this, I think
Jenn Lo:learning from him, he's taught me
Jenn Lo:a lot throughout that 10 years.
Jenn Lo:I mean, I learned a lot from her too, so
Jenn Lo:that's not, it's not, it's not always what
Jenn Lo:John and Connie: Smart boy!
Jenn Lo:It's a two way, it's
Jenn Lo:definitely a two-way street.
Jenn Lo:John and Jenn: For me.
Jenn Lo:John and Connie: my
Jenn Lo:John and Jenn: No, I'd actually love
Jenn Lo:to expand on that because I think um, I
Jenn Lo:also want to hear from Jen first because
Jenn Lo:You know for me i've always thought
Jenn Lo:about this and and it's come up in past
Jenn Lo:podcast interviews as well But I think
Jenn Lo:for me what I loved about working with
Jenn Lo:her It's it's not for the faint of heart
Jenn Lo:as you must, you know Hear from now from
Jenn Lo:all the different families that you've
Jenn Lo:interviewed Working with families can
Jenn Lo:be very complex and the power dynamics
Jenn Lo:and you're dealing with finances.
Jenn Lo:You can see a lot of issues with conflicts
Jenn Lo:But I think one of the guiding principles
Jenn Lo:in the way that we've worked together
Jenn Lo:and we've always looked at, you know, Is
Jenn Lo:it a good idea to start a business with
Jenn Lo:your girlfriend and and mix finances?
Jenn Lo:The litmus test has always been around.
Jenn Lo:Um, not how well we when things are
Jenn Lo:working Well, of course, there's gonna
Jenn Lo:be trials and tribulations in any
Jenn Lo:business, but it's how well did we fight?
Jenn Lo:And so when I think about, you
Jenn Lo:know, when things are going bad or
Jenn Lo:when things aren't going really as
Jenn Lo:well, she's always been my rock.
Jenn Lo:And, and, and to have someone to
Jenn Lo:have that level of empathy and
Jenn Lo:understanding of like, Oh, we just
Jenn Lo:got screwed over in a business deal.
Jenn Lo:Or we just had this really bad
Jenn Lo:interaction with certain thing.
Jenn Lo:She felt firsthand was like, Oh,
Jenn Lo:I know exactly what that means.
Jenn Lo:And to see me being in a depressive
Jenn Lo:state and for her to just roll up her
Jenn Lo:sleeves and get back to work, like it's
Jenn Lo:just, it's, it's hard to express the
Jenn Lo:kind of, um, loyalty and strength that
Jenn Lo:you have in, in one another that, um,
Jenn Lo:You cannot find, uh, in anywhere else
Jenn Lo:because, you know, in most cases, it's,
Jenn Lo:it's supposed to be transactional.
Jenn Lo:You're business partners, you know,
Jenn Lo:you have your personal life and then
Jenn Lo:you have your business life separated.
Jenn Lo:The downside is also that it's
Jenn Lo:mixed to in her case, you know,
Jenn Lo:when she needs personal boundaries
Jenn Lo:outside of business, right?
Jenn Lo:Those are the kinds of things
Jenn Lo:that I'm sure you hear a lot about
Jenn Lo:where those things can be mixed in.
Jenn Lo:Um, there's, there's other downsides.
Jenn Lo:I'll speak a little bit of that
Jenn Lo:as well with, you know, power
Jenn Lo:dynamics, for example, right?
Jenn Lo:Whenever you get into like, let's
Jenn Lo:say performance issues or, or fights,
Jenn Lo:you can't just easily break up.
Jenn Lo:You can't easily just tell the other
Jenn Lo:person and fire the other person.
Jenn Lo:Those things should always be
Jenn Lo:an option available to you, but
Jenn Lo:navigating those challenges are
Jenn Lo:very, very challenging, right?
Jenn Lo:How much it is, is it my fault?
Jenn Lo:How much is it her fault?
Jenn Lo:It gets really personal really
Jenn Lo:quickly that you can't have with an
Jenn Lo:employee or regular business partner.
Jenn Lo:Um, And so I think all of those things,
Jenn Lo:you know, built into like us growing up
Jenn Lo:together and learning through a lot of
Jenn Lo:things together as, as, as you look back
Jenn Lo:in the years, every year, there's still
Jenn Lo:challenges, but every year it gets better
Jenn Lo:and you can't, but help be optimistic
Jenn Lo:about, you know, we're in our thirties
Jenn Lo:right now, but you can't, but help be
Jenn Lo:optimistic about what's to come for us.
Jenn Lo:And at least for me,
Jenn Lo:that's how I feel about it.
Jenn Lo:And I joke with her, like, you know,
Jenn Lo:cause every time we get into any
Jenn Lo:type of new business or start a new
Jenn Lo:thing, she's always like the one
Jenn Lo:that's bearing a lot of the workload.
Jenn Lo:And I'm always the one that's.
Jenn Lo:You know, dealing with all the fun
Jenn Lo:aspect of, of starting something
Jenn Lo:new or taking a new thing on.
Jenn Lo:And, um, but I always joke, it's like,
Jenn Lo:you're coming with me on this one, right?
Jenn Lo:It's so, it's so it's because
Jenn Lo:for me, it's like, you know,
Jenn Lo:it's easy for me to bring her on.
Jenn Lo:Um, but then there's, you know, real
Jenn Lo:challenges of, of should I do it?
Jenn Lo:Because it's our strength and weaknesses.
Jenn Lo:And how does that actually play out
Jenn Lo:with, you know, what is the advantage
Jenn Lo:of running this particular business as
Jenn Lo:a couple versus keeping it separate?
Jenn Lo:Yeah,
Jenn Lo:John and Connie: Wow.
Jenn Lo:You guys are such deep thinkers.
Jenn Lo:I mean, yes, I, I, I, I was
Jenn Lo:getting choked up there.
Jenn Lo:So what you were saying about, you
Jenn Lo:know, the, you know, the rock and,
Jenn Lo:and knowing that she's there, uh,
Jenn Lo:totally, I, I totally experienced that.
Jenn Lo:And, you know, in our case, it was
Jenn Lo:my family business that Connie was,
Jenn Lo:you know, Connie moved, you know,
Jenn Lo:We moved on to a family property.
Jenn Lo:We live next door to my
Jenn Lo:parents out in the country.
Jenn Lo:And, you know, I worked at the
Jenn Lo:business, you know, all the time.
Jenn Lo:And then Connie would come
Jenn Lo:to work at the office some.
Jenn Lo:And, you know, it's I just, thank God she
Jenn Lo:was there, because, you know, you guys
Jenn Lo:don't have the two generation dynamics,
Jenn Lo:I don't think, from what I'm hearing.
Jenn Lo:I, you know, I had the, I was the
Jenn Lo:son that, you know, waiting for
Jenn Lo:permission to grow up, as I call it.
Jenn Lo:And, um, and there were, yeah, there's
Jenn Lo:been, there was several times when
Jenn Lo:Connie was the, she had the objectivity
Jenn Lo:to say, Whoa, this doesn't make sense.
Jenn Lo:And, and, you know, she would, and she
Jenn Lo:would go to bat for her position, you
Jenn Lo:know, her belief there that this was
Jenn Lo:right for the company and the family
Jenn Lo:even, as a, an in law that, you know,
Jenn Lo:didn't have that blood stake and it was.
Jenn Lo:Even as his dad was
Jenn Lo:standing there blustering.
Jenn Lo:But we've got to do something!
Jenn Lo:And it's kind of like, oh no, we don't.
Jenn Lo:You know?
Jenn Lo:You need to stop.
Jenn Lo:Now I'm talking about our story.
Jenn Lo:But yes, I can completely relate.
Jenn Lo:And what you said about
Jenn Lo:the different dynamics.
Jenn Lo:Sometimes that's what's Well,
Jenn Lo:I think it's what scares some
Jenn Lo:people about family businesses.
Jenn Lo:Like if they're going, you know, either
Jenn Lo:going to start one or maybe go to work for
Jenn Lo:another family's business, that, you know,
Jenn Lo:how are those dynamics going to play out?
Jenn Lo:How is it going to impact them?
Jenn Lo:Because , ultimately for the family
Jenn Lo:business owners, it comes down to,
Jenn Lo:We have to prioritize something, and
Jenn Lo:usually, you know, the family is going
Jenn Lo:to last longer than the business.
Jenn Lo:I mean, worst case scenario
Jenn Lo:and best case scenario, right?
Jenn Lo:And so , there's times when you just have
Jenn Lo:to prioritize the family, and if there's
Jenn Lo:a performance shortfall or something,
Jenn Lo:you know, weakness in somewhere, yeah,
Jenn Lo:you don't just replace that person
Jenn Lo:like they would in corporate, right?
Jenn Lo:You make do.
Jenn Lo:You figure it out.
Jenn Lo:You communicate.
Jenn Lo:You share, you rebalance the load,
Jenn Lo:even if it's a little unbalanced.
Jenn Lo:That's worth it for
Jenn Lo:the rest of everything.
Jenn Lo:John and Jenn: Absolutely.
Jenn Lo:And I think that's, that's, that's,
Jenn Lo:this is why I would say that family
Jenn Lo:businesses is not for the faint of
Jenn Lo:heart, because in, in, in a very broad,
Jenn Lo:like generalization, it's bad advice to
Jenn Lo:start a company with family members or
Jenn Lo:lovers, because again, it's, it's, Because
Jenn Lo:generally speaking, um, most people aren't
Jenn Lo:going to be prepared or able to manage
Jenn Lo:or deal with the conflicts that come up
Jenn Lo:because they're so complicated, right?
Jenn Lo:And they're so like intricate and,
Jenn Lo:and there's like the aspect of
Jenn Lo:betrayal and loyalty and whatever
Jenn Lo:that's all mixed in, they're the
Jenn Lo:basis of great dramas for a reason.
Jenn Lo:You know what I mean?
Jenn Lo:And, but the thing is like, you know,
Jenn Lo:at the same time though, but when it
Jenn Lo:works, Oh my God, it really is beautiful.
Jenn Lo:And, and when it works, it's like,
Jenn Lo:you know, we get to go and like travel
Jenn Lo:and vacations together and we bring
Jenn Lo:our work together and, you know, you
Jenn Lo:know, having long walks at the park
Jenn Lo:and we're talking about business and
Jenn Lo:we're at the sauna and we're like,
Jenn Lo:I'm talking about this new thing.
Jenn Lo:It's like, because it's so integrated.
Jenn Lo:Right.
Jenn Lo:Like when it works, it's, it's
Jenn Lo:beautiful, but it's, it's one of those
Jenn Lo:things where it, you have to be a
Jenn Lo:long term thinker right from day one.
Jenn Lo:There's no, there's no,
Jenn Lo:there's no second option.
Jenn Lo:Right.
Jenn Lo:And so if you're committed for
Jenn Lo:better and for worse, right.
Jenn Lo:Because for us, it's like, we
Jenn Lo:got into it almost by accident.
Jenn Lo:It wasn't a very thought through answer.
Jenn Lo:Right.
Jenn Lo:Which is, yeah, I'm refraining from
Jenn Lo:joking about how she moved into
Jenn Lo:it because we would never had the
Jenn Lo:talk about like moving in together.
Jenn Lo:I just woke up one day and she
Jenn Lo:just had more clothes at our place.
Jenn Lo:And I'm just like, wait a second.
Jenn Lo:I think she infiltrated the house.
Jenn Lo:You know what I mean?
Jenn Lo:And so sometimes I even joke around,
Jenn Lo:even married where it's like, this
Jenn Lo:is the best sleepover ever, right?
Jenn Lo:It's like, you just haven't left, but in
Jenn Lo:business it's always been like that too.
Jenn Lo:And again, you can't recommend that to
Jenn Lo:someone because that's not a good idea.
Jenn Lo:John and Connie: Well,
Jenn Lo:you couldn't plan that.
Jenn Lo:No.
Jenn Lo:That, that, because it happened
Jenn Lo:organically, that, you know, I
Jenn Lo:think that's what makes it work.
Jenn Lo:You learned it, you know, by inches
Jenn Lo:rather than, okay, we're going to make
Jenn Lo:a plan and tomorrow we're going to do
Jenn Lo:this thing, you know, it was as gradual.
Jenn Lo:So you just felt your way into it and
Jenn Lo:your communication evolved along with it.
Jenn Lo:And I think that's such a big key.
Jenn Lo:There's a communication.
Jenn Lo:We're not trained, right?
Jenn Lo:We're not trained for those challenges.
Jenn Lo:John and Jenn: Because you can't
Jenn Lo:be, there's nothing in school or
Jenn Lo:in regular life that can prepare
Jenn Lo:you for those types of dynamics.
Jenn Lo:But here's the fun part that,
Jenn Lo:you know, I think right now
Jenn Lo:I'm coming to terms with that.
Jenn Lo:Um, I'm realizing that we're actually a
Jenn Lo:lot less alone than we realize because
Jenn Lo:every now and then, you know, we're, this
Jenn Lo:is like 10 year of us working together.
Jenn Lo:We're starting to meet more and more
Jenn Lo:other couples, especially people that
Jenn Lo:have been around this longer than we have.
Jenn Lo:And next thing you know, we're like
Jenn Lo:talking about, yeah, we're having this
Jenn Lo:fight over this really silly thing.
Jenn Lo:And then they're like,
Jenn Lo:ah, ha, ha, ha, ha, ha.
Jenn Lo:Uh, you young kids, let me tell you about
Jenn Lo:the time I fired my wife from her job,
Jenn Lo:you know, and it's just like, man, it's
Jenn Lo:like, We realize that a lot of those
Jenn Lo:dynamics that is on one hand, very unique
Jenn Lo:to us, but just like, you know, on a broad
Jenn Lo:level, just, just like entrepreneurship,
Jenn Lo:forget about working in a family business.
Jenn Lo:You start realizing that as lonely
Jenn Lo:as it was, you're actually not alone.
Jenn Lo:There's other people that have
Jenn Lo:been through very similar or even
Jenn Lo:worse situations that you have.
Jenn Lo:And I find solace in that.
Jenn Lo:And that's why, you know, as
Jenn Lo:part of this, this conversation.
Jenn Lo:preamble to this interview, I got so
Jenn Lo:excited because it's whenever I see that
Jenn Lo:kind of dynamics, I know you two have a
Jenn Lo:lot of really wonderful stories that we
Jenn Lo:just don't even have a chance to hear.
Jenn Lo:Because you guys have been in
Jenn Lo:this game longer than we have.
Jenn Lo:And you know exactly
Jenn Lo:where we're coming from.
Jenn Lo:And that's why it's like, to your
Jenn Lo:point, you know, you choked up because
Jenn Lo:it's like, you felt that because we
Jenn Lo:went through that for the first time.
Jenn Lo:And it won't be our last, right?
Jenn Lo:John and Connie: Right?
Jenn Lo:Exactly.
Jenn Lo:Yeah, what I was trying to remember
Jenn Lo:before, you talked about fighting fair.
Jenn Lo:You know, and that's, that's actually
Jenn Lo:a phrase I was, I want to build
Jenn Lo:a product around at some point.
Jenn Lo:So, we do , consulting, a blend
Jenn Lo:of consulting and coaching
Jenn Lo:for family businesses because
Jenn Lo:that's where we come from.
Jenn Lo:And we're not trained,
Jenn Lo:but, but knowing how to.
Jenn Lo:To have a constructive disagreement,
Jenn Lo:that's a, you know, that's a skill.
Jenn Lo:It's a skill set, and it's
Jenn Lo:something you have to practice.
Jenn Lo:But it's based on some,
Jenn Lo:some understandings.
Jenn Lo:Like, you know, like, I know
Jenn Lo:if we disagree, she's not going
Jenn Lo:to pack her bag and leave.
Jenn Lo:John and Jenn: Yeah.
Jenn Lo:John and Connie: Thought about
Jenn Lo:it once or twice, but I didn't.
Jenn Lo:You know, there was, earlier
Jenn Lo:in my, in my career, this was
Jenn Lo:something we had to learn.
Jenn Lo:You know, I had to learn.
Jenn Lo:When it, that it was okay to,
Jenn Lo:that it was going to be safe to
Jenn Lo:argue and it wasn't going to be.
Jenn Lo:Well, and he's an only child, too.
Jenn Lo:So he doesn't understand the joy
Jenn Lo:of going up and smacking your
Jenn Lo:brother just to hear him cry.
Jenn Lo:Okay?
Jenn Lo:That was more fun.
Jenn Lo:But he didn't
Jenn Lo:John and Jenn: Things you can
Jenn Lo:do in a family business that you
Jenn Lo:can't do in a regular employment.
Jenn Lo:You can't just like walk
Jenn Lo:up and smack my, uh,
Jenn Lo:John and Connie: Exactly!
Jenn Lo:You know?
Jenn Lo:Sexual harassment is a thing.
Jenn Lo:But it just, you know,
Jenn Lo:for him to have to learn.
Jenn Lo:How to play a game with somebody else,
Jenn Lo:and not like his parents, who would either
Jenn Lo:let him win or beat the crap out of him.
Jenn Lo:You know, he had to figure
Jenn Lo:out that with me, he was safe.
Jenn Lo:He could get in my face and
Jenn Lo:go, and I'd go, yeah, yeah.
Jenn Lo:Yeah, and that's kind of a metaphor.
Jenn Lo:And we were fine.
Jenn Lo:John and Jenn: Yeah,
Jenn Lo:John and Connie: That's kind of a
Jenn Lo:metaphor for, for, for other things
Jenn Lo:too, you know, but, but it's, uh, The,
Jenn Lo:the other thing that you said about the
Jenn Lo:isolation, I really want to touch on
Jenn Lo:that, because I, I think that's, you
Jenn Lo:know, part of why we're doing this is
Jenn Lo:for outreach to other family businesses
Jenn Lo:to listen to family, and hear what you
Jenn Lo:just said, which is that, You know, the
Jenn Lo:number one rule in my family business
Jenn Lo:with my father was don't talk about the
Jenn Lo:business to anybody outside the family.
Jenn Lo:You don't, you don't talk about it.
Jenn Lo:It's our business.
Jenn Lo:It was because it's, because
Jenn Lo:it's family, so it's, there's
Jenn Lo:a more personal sense to it.
Jenn Lo:And so it is isolating.
Jenn Lo:I think, to some degree, we all
Jenn Lo:feel like our problems are unique.
Jenn Lo:You know, they're bigger than,
Jenn Lo:you know, other people don't
Jenn Lo:feel it the same as, or whatever.
Jenn Lo:Nobody else has done it just like we have.
Jenn Lo:But in the family business, yeah,
Jenn Lo:I think, just like you said, they
Jenn Lo:are unique to us in that they're us,
Jenn Lo:but at the same time, there's common
Jenn Lo:themes that are so common that we just
Jenn Lo:don't hear about because people are a
Jenn Lo:little leery about talking about it.
Jenn Lo:Now his dad had no problems going
Jenn Lo:and sitting at a bar someplace and
Jenn Lo:telling his accountant and his lawyer
Jenn Lo:all this stuff, but, you know, it was
Jenn Lo:different where he, you know, he didn't
Jenn Lo:find a mentor or a coach that could,
Jenn Lo:you know, work his way through this.
Jenn Lo:And that's what we're trying to do, is
Jenn Lo:we're trying to save people from all the
Jenn Lo:crap that we went through and making all
Jenn Lo:the mistakes we did, and we made them all
Jenn Lo:John and Jenn: right.
Jenn Lo:And I think that's hugely
Jenn Lo:important because I realized
Jenn Lo:that for us, I think we're lucky.
Jenn Lo:And in that sense that I think, you
Jenn Lo:know, even when we're young, we had a
Jenn Lo:few guidings, like guardrails, in terms
Jenn Lo:of like values and principles that I
Jenn Lo:think like saved us from from, you know,
Jenn Lo:disaster in a lot of different scenarios.
Jenn Lo:But you know, one of which I talked
Jenn Lo:about, you know, And again, these
Jenn Lo:things were because I think we're lucky
Jenn Lo:that we just happened to have that.
Jenn Lo:And so for all the trials and tribulations
Jenn Lo:and some of the lessons, if we didn't
Jenn Lo:have those, it could be disastrous.
Jenn Lo:And, and a lot of waste of time,
Jenn Lo:a lot of wasted effort, a lot of
Jenn Lo:wasted, you know, uh, money really
Jenn Lo:just to, to get, get ourselves going.
Jenn Lo:And so to have that dedication
Jenn Lo:towards serving that particular.
Jenn Lo:area of practice.
Jenn Lo:I think it's really important.
Jenn Lo:I'm glad you guys are doing that.
Jenn Lo:And even doing this podcast, because
Jenn Lo:even some of the topics that we're
Jenn Lo:talking about today, it's hard to share
Jenn Lo:that in a regular, you know, different
Jenn Lo:episode or different podcast environment,
Jenn Lo:because they wouldn't have known to
Jenn Lo:ask, or they wouldn't have known to
Jenn Lo:pick up on that, or that right there.
Jenn Lo:That's really important.
Jenn Lo:I can, let's, let's, let's expand on that.
Jenn Lo:And I think, you know, to my point earlier
Jenn Lo:around You know why I love these type of
Jenn Lo:impromptu conversations around these type
Jenn Lo:of things because it's like when you when
Jenn Lo:you ask me that it's like oh man like like
Jenn Lo:it just comes up and and But you're right.
Jenn Lo:It doesn't get told.
Jenn Lo:It's hard.
Jenn Lo:It's hard for those things to
Jenn Lo:be told because in most regular
Jenn Lo:conversations, having a conversation
Jenn Lo:with an accountant or a lawyer,
Jenn Lo:it's not going to come up, right?
Jenn Lo:It's like, you can talk about
Jenn Lo:like, oh, I'm having issues with
Jenn Lo:this, but it's just, there's
Jenn Lo:certain dynamics and nuances.
Jenn Lo:It's really hard to capture.
Jenn Lo:John and Connie: Yeah, they haven't
Jenn Lo:had that experience and they're,
Jenn Lo:they're going to kind of back off.
Jenn Lo:They don't, they don't
Jenn Lo:really want to talk about it.
Jenn Lo:They want to be your friend, but
Jenn Lo:they don't want to, they're not
Jenn Lo:qualified to really give advice.
Jenn Lo:Is it, have you got a therapist?
Jenn Lo:Something like that.
Jenn Lo:John and Jenn: the professional
Jenn Lo:setting of like, okay, well, it's
Jenn Lo:your accountant, it's your lawyer.
Jenn Lo:Say it's all about the business.
Jenn Lo:Like, what's the business problems?
Jenn Lo:How can I help you solve it?
Jenn Lo:Um, I think John came about this.
Jenn Lo:Um, a podcaster with some part and
Jenn Lo:Andrew, Andrew Wilkinson, and they talked
Jenn Lo:about it this phenomenon phenomenon
Jenn Lo:about, um, having people around you
Jenn Lo:that you can be vulnerable with.
Jenn Lo:And then.
Jenn Lo:The circle the more successful you are the
Jenn Lo:more that you need to be very selective
Jenn Lo:to your circle And who you can actually
Jenn Lo:share those type of information with
Jenn Lo:how you said it was like hey We don't
Jenn Lo:if we're a family business We don't
Jenn Lo:talk about our family business outside
Jenn Lo:of family or whatever it is or share it
Jenn Lo:with other people I think there's a bit
Jenn Lo:of a what I kind of liked about how they
Jenn Lo:shared it was Um, there is always going
Jenn Lo:to be that five people around you that
Jenn Lo:you can be very vulnerable with because
Jenn Lo:they can, they will not judge you.
Jenn Lo:They will not actually be like, , make
Jenn Lo:you, they will not be, , what's that word?
Jenn Lo:Judgmental.
Jenn Lo:Yeah, they won't actually be malicious
Jenn Lo:with you or anything like that.
Jenn Lo:They are actually there for you.
Jenn Lo:So you can actually share anything
Jenn Lo:with them for that particular purpose.
Jenn Lo:And then anything outside of that
Jenn Lo:is like, oh, just the acquaintances
Jenn Lo:that's like, okay, it's like might
Jenn Lo:be business acquaintances or like
Jenn Lo:anything that is like could be friends.
Jenn Lo:You could actually share some
Jenn Lo:information, not all the information.
Jenn Lo:Then you have the wide circles, like,
Jenn Lo:hey, absolutely nothing about that.
Jenn Lo:That they would not hear inside
Jenn Lo:stories about your, what is going on
Jenn Lo:in your business, how your business
Jenn Lo:is doing, how much are you making,
Jenn Lo:how you're charging, blah, blah, blah.
Jenn Lo:Those are all All the other things guys,
Jenn Lo:I think that's actually quite helpful in
Jenn Lo:terms of how we go about thinking of our
Jenn Lo:next step for ourselves as well as we grow
Jenn Lo:our business as we become more successful
Jenn Lo:as we grow our wealth and our riches.
Jenn Lo:Um, and As our business grow bigger and
Jenn Lo:bigger, because there is a way that we
Jenn Lo:need to actually cipher and filter through
Jenn Lo:the people that we are around with a lot.
Jenn Lo:And kind of like poker, you got to
Jenn Lo:like read the people around you.
Jenn Lo:It was like, Hey, what are they here for?
Jenn Lo:Where are they not here
Jenn Lo:John and Connie: Exactly.
Jenn Lo:And reevaluate on a, on a regular basis.
Jenn Lo:Do I still need this person in my life?
Jenn Lo:Because, you know, especially at
Jenn Lo:our age, we've cycled through a lot.
Jenn Lo:And, uh, and then we have a hardcore
Jenn Lo:group that, that no matter what.
Jenn Lo:John and Jenn: there's an interesting
Jenn Lo:dynamic about being in a family business
Jenn Lo:that I want to touch on because I think
Jenn Lo:when we talk about being in business
Jenn Lo:and having a circle of friends that are
Jenn Lo:close to you that you can share anything
Jenn Lo:with is hugely valuable, but one of the
Jenn Lo:things that comes up with family business
Jenn Lo:specifically, especially if you have
Jenn Lo:scenarios where you're sharing with your
Jenn Lo:friends, like, for example, I can talk
Jenn Lo:about my business with my friends, but if
Jenn Lo:I'm having partner issues or the person
Jenn Lo:that I'm combating with is my wife, Yeah.
Jenn Lo:It becomes an ethics issue because
Jenn Lo:after you talk to a friend or you
Jenn Lo:talk to somebody else, they still know
Jenn Lo:and they have to interact with them.
Jenn Lo:And so that dynamic is something
Jenn Lo:that comes up in family because
Jenn Lo:like, it's not about gossiping.
Jenn Lo:It's about working through problems.
Jenn Lo:And in the absence of that, if a
Jenn Lo:third party sort of person that
Jenn Lo:can sort of, um, you know, that's
Jenn Lo:what I can see, for example, being
Jenn Lo:a coach or, uh, even a therapist.
Jenn Lo:Helpful with is because you have that
Jenn Lo:arm's length sort of like, um, way to
Jenn Lo:solve that particular problem, but it
Jenn Lo:comes up with family where your friends,
Jenn Lo:when you can't share that or talk about
Jenn Lo:it in a way without the other person
Jenn Lo:being impartial, because they still
Jenn Lo:have to interact with the family member
Jenn Lo:afterwards when your family friends,
Jenn Lo:they're still interacting with them.
Jenn Lo:And so it just, it just adds to that layer
Jenn Lo:of, um, and again, going back to being
Jenn Lo:lucky, it adds to a layer of complexity
Jenn Lo:about running a family business.
Jenn Lo:But being lucky aspect of it is that.
Jenn Lo:I think we've had multiple instances
Jenn Lo:where we've had friends not take sides.
Jenn Lo:That they know that there's a
Jenn Lo:second half to the story when they
Jenn Lo:hear the other person complain
Jenn Lo:and have that dumped on them.
Jenn Lo:They know that their job as a friend is
Jenn Lo:to like, Yeah, John was being mean to you
Jenn Lo:and he shouldn't have said those things.
Jenn Lo:He said that in anger and
Jenn Lo:all those type of things.
Jenn Lo:That must be really hard.
Jenn Lo:How did it all come out?
Jenn Lo:And then come talk to me afterwards,
Jenn Lo:completely normal and be like,
Jenn Lo:Hey, what's going on in your world?
Jenn Lo:And what's, what's happening?
Jenn Lo:That, and then it's like, you know,
Jenn Lo:how do you have friends like that?
Jenn Lo:And when you have someone
Jenn Lo:like that, again, it just,
Jenn Lo:you know, touches our heart.
Jenn Lo:But at the same time, it's, it's
Jenn Lo:one of those things where it was.
Jenn Lo:It was tricky and hard to navigate,
Jenn Lo:especially early on when, um, when I
Jenn Lo:was uncomfortable with her going to our
Jenn Lo:friends or, you know, if, if I didn't
Jenn Lo:do that on the other side, how do we
Jenn Lo:navigate doing that in an ethical manner?
Jenn Lo:Like that's, that's a very family business
Jenn Lo:specific sort of like trait that it's,
Jenn Lo:it's hard to talk about or come across and
Jenn Lo:know what the right or wrong answer is.
Jenn Lo:For sure.
Jenn Lo:John and Connie: Yeah, we've
Jenn Lo:had some of that because I
Jenn Lo:don't have a lot of filters.
Jenn Lo:who knew?
Jenn Lo:And he might have a few more than I do.
Jenn Lo:So, you know, might.
Jenn Lo:So we've had to negotiate that
Jenn Lo:because I've had to either apologize
Jenn Lo:or say, you know, it is who I am.
Jenn Lo:You know, suck it up.
Jenn Lo:John and Jenn: Yeah.
Jenn Lo:But again, it's one of those things
Jenn Lo:that just adds a layer of complexity as
Jenn Lo:you navigate that kind of relationship.
Jenn Lo:It's not just the two of you
Jenn Lo:or the three of you or the
Jenn Lo:family, like the family unit.
Jenn Lo:It's, it's the extended circles
Jenn Lo:around it and having them like, how
Jenn Lo:do you integrate them or not integrate
Jenn Lo:them with the part of your life?
Jenn Lo:It's, yeah, it just adds
Jenn Lo:another layer of complexity.
Jenn Lo:John and Connie: Right?
Jenn Lo:And we are all born into family
Jenn Lo:businesses, if you think about it.
Jenn Lo:You know, all of your, your
Jenn Lo:views on money and relationships
Jenn Lo:came from your, your parents.
Jenn Lo:And how they view it.
Jenn Lo:Well then, how do they view it
Jenn Lo:out, you know, their parents.
Jenn Lo:And then, so it's generational.
Jenn Lo:So that's another thing that,
Jenn Lo:you know, being aware of that,
Jenn Lo:you know, is, is this mine?
Jenn Lo:Is it still relevant at this point?
Jenn Lo:If it's not, then update, move it
Jenn Lo:out and bring in something new.
Jenn Lo:And that's been another hard
Jenn Lo:thing to, to get past sometimes.
Jenn Lo:John and Jenn: for sure, for sure.
Jenn Lo:John and Connie: Yeah, we, we met, we had
Jenn Lo:a mentor back in the day that, um, was,
Jenn Lo:was a leadership development program.
Jenn Lo:And, and he, he was, you know,
Jenn Lo:trying to up level people's thinking.
Jenn Lo:And so his, his thing was, If
Jenn Lo:you're, if you've got a roof over
Jenn Lo:your head and you're, and you're
Jenn Lo:eating regularly, you're running
Jenn Lo:a successful business, okay?
Jenn Lo:You've got cash flow in and cash
Jenn Lo:flow out and, and, you know,
Jenn Lo:you're, you're, you're managing
Jenn Lo:resources, you're running a business.
Jenn Lo:And if you think of it like that, you're
Jenn Lo:not as small or ignorant or whatever
Jenn Lo:as you think you know you're it's it's
Jenn Lo:everything else is just a matter of
Jenn Lo:scale after that you know and and wow
Jenn Lo:what a he was a wise man so that's
Jenn Lo:the that's part of what that is about
Jenn Lo:and yeah the um so why don't we go on
Jenn Lo:to this one well i think we've um is
Jenn Lo:there anything that you know now that
Jenn Lo:you wish you'd known when you started
Jenn Lo:about being in business together
Jenn Lo:John and Jenn: I do, but
Jenn Lo:I'm not going to start.
Jenn Lo:Jen, you go first.
Jenn Lo:If you need, if you need time,
Jenn Lo:I can go first, but I just
Jenn Lo:don't want to hijack the mic.
Jenn Lo:Yes.
Jenn Lo:I wish, I think, I think I
Jenn Lo:wish, uh, can I say it wrong?
Jenn Lo:Of course, you can say anything you
Jenn Lo:John and Connie: we can always
Jenn Lo:edit if, if, we can always edit
Jenn Lo:it out if you're not happy.
Jenn Lo:Mm
Jenn Lo:John and Jenn: you want.
Jenn Lo:It's fine.
Jenn Lo:Um, I think I wish I've known that
Jenn Lo:he had ADHD before we started a
Jenn Lo:business together, but then he
Jenn Lo:wouldn't have known himself as well
Jenn Lo:because he got diagnosed quite late.
Jenn Lo:Uh, so I think that.
Jenn Lo:was probably the biggest barrier and
Jenn Lo:challenge to how we work together
Jenn Lo:and how we need to adapt to working
Jenn Lo:together because I'm very much of a
Jenn Lo:doer and like executioner and like
Jenn Lo:just get out of my way and like okay
Jenn Lo:well tell me what I need to do what is
Jenn Lo:the angle you need to actually get to
Jenn Lo:and like I'll get it all done for you.
Jenn Lo:Traits of ADHD kind of In that way, it
Jenn Lo:makes it a little bit more complicated
Jenn Lo:when I have to work with him.
Jenn Lo:He overthinks a lot.
Jenn Lo:He takes a long time to
Jenn Lo:actually go and execute things.
Jenn Lo:He might actually procrastinate a lot.
Jenn Lo:There's like a lot of things that just
Jenn Lo:is a barrier to getting him to the end
Jenn Lo:destination of what he needs to do.
Jenn Lo:Great thing about it.
Jenn Lo:Is that he is a starter of
Jenn Lo:any type of great ideas.
Jenn Lo:He's a good thinker.
Jenn Lo:He's a good ideation person He knows how
Jenn Lo:to go with very dealing with chaos at
Jenn Lo:a very Split of a second of like trying
Jenn Lo:to problem solve a lot of things very
Jenn Lo:creative um, that's great that that's
Jenn Lo:the great thing about him and his his his
Jenn Lo:uh situation It takes a lot of time and
Jenn Lo:effort for us to kind of find that mold of
Jenn Lo:like, okay That piece of Puzzle together
Jenn Lo:to kind of like, how do we actually work
Jenn Lo:with that and how do we come across?
Jenn Lo:Come together with our strengths and
Jenn Lo:weaknesses and like okay if your weakness
Jenn Lo:is ADHD, how can I actually fit my
Jenn Lo:pieces so then I can actually I can fit
Jenn Lo:perfectly with your ADHD in that way.
Jenn Lo:That's a lot of Adoption that needed
Jenn Lo:to be happening throughout the last 10
Jenn Lo:years We're like not not even last like
Jenn Lo:five five six years of like diagnosing
Jenn Lo:him and then now have to go like Okay,
Jenn Lo:now I know you had this scenario or
Jenn Lo:the situation now I have to go and
Jenn Lo:deal with it How do I deal with it?
Jenn Lo:I have to also talk to him and communicate
Jenn Lo:with him very differently from how I've
Jenn Lo:communicating with Communicated with
Jenn Lo:him before because it wasn't working.
Jenn Lo:You know, why don't you get it?
Jenn Lo:And it's just like now I know a lot more
Jenn Lo:about ADHD and I know a lot more about
Jenn Lo:what he's going through I can Slowly
Jenn Lo:become more empathetic of how he's
Jenn Lo:going through things and I was like,
Jenn Lo:okay, what are you trying to really do?
Jenn Lo:Help me go through your thought
Jenn Lo:process Go through that for me, and
Jenn Lo:then let me simplify it for you.
Jenn Lo:Um, it's probably the biggest thing
Jenn Lo:I would say I, I wished I knew
Jenn Lo:much sooner than it is, uh, after.
Jenn Lo:John and Connie: Okay.
Jenn Lo:In programming lingo, I think
Jenn Lo:what I'm hearing is that you're,
Jenn Lo:you're more of um, a sequential
Jenn Lo:program and he's multi threaded.
Jenn Lo:Sure.
Jenn Lo:Absolutely!
Jenn Lo:Mm
Jenn Lo:John and Jenn: I was gonna say, if
Jenn Lo:you're familiar with, um, I think
Jenn Lo:this is the teaching in the U.
Jenn Lo:S.
Jenn Lo:where it's, um, we're the classic
Jenn Lo:visionary versus integrator.
Jenn Lo:Right.
Jenn Lo:So it's like the, I'm the person
Jenn Lo:that's thinking, looking ahead.
Jenn Lo:And she's the one that has to
Jenn Lo:deal with a lot of the, the thing
Jenn Lo:gets get thrown back to her.
Jenn Lo:And I think she's being delicate about it,
Jenn Lo:but I think to her point in the work, she
Jenn Lo:was mostly coming from, you can sort of
Jenn Lo:hear the, the, the, the stress and agony
Jenn Lo:of like having to deal with me because
Jenn Lo:I actually realized that halfway through
Jenn Lo:it and, and in being self aware about,
Jenn Lo:Oh, those things aren't natural and it is
Jenn Lo:chaotic and problematic for someone
Jenn Lo:who has to do with all the mess
Jenn Lo:that I created in a sense, right?
Jenn Lo:But to her point about being great with
Jenn Lo:problem solving, you know For example
Jenn Lo:coming into this interview without
Jenn Lo:necessarily to read all the questions
Jenn Lo:in advance and and thriving on that kind
Jenn Lo:of thing Um, it just meant that uh, we
Jenn Lo:really did have to rely on our strengths
Jenn Lo:and weaknesses like every family or any
Jenn Lo:business partner Um, that was us As our
Jenn Lo:own maturity, as we grew and learn about
Jenn Lo:one another, um, it's one of those things.
Jenn Lo:And, um, so I'm, I thought she was
Jenn Lo:gonna talk about something else, but I
Jenn Lo:thought that's, that's a great example
Jenn Lo:because it's true is, is, um, as you
Jenn Lo:think about any type of like, you know,
Jenn Lo:trait that we have with each other,
Jenn Lo:how do you integrate with one another?
Jenn Lo:And how do you make sure that
Jenn Lo:whatever, you know, personal
Jenn Lo:ticks or, you know, aspect of it
Jenn Lo:doesn't cause a lot of
Jenn Lo:stress on the other side.
Jenn Lo:Um, I think for me, one of the things
Jenn Lo:that I kind of wish I learned earlier
Jenn Lo:on, um, relates to that, but it's around
Jenn Lo:being respectful about our differences.
Jenn Lo:I think when we first started working
Jenn Lo:early on, um, I talk fast, I think
Jenn Lo:fast, I do a lot of different things.
Jenn Lo:I also had a few years ahead of her
Jenn Lo:in my career, um, because I was like,
Jenn Lo:The writing was on the wall, right?
Jenn Lo:I dropped out of school.
Jenn Lo:I had three different career shifts
Jenn Lo:within a course of 12 years, right?
Jenn Lo:It's like,
Jenn Lo:John and Connie: Read the room.
Jenn Lo:John and Jenn: It's like, no
Jenn Lo:hints at all along the way, right?
Jenn Lo:It's not like I was dropping it
Jenn Lo:at her just to pick up the slack.
Jenn Lo:But, but the broader point was like,
Jenn Lo:um, Because I had the dynamic going
Jenn Lo:into the initial working relationship,
Jenn Lo:it meant that, um, you know, the first
Jenn Lo:company I was building incorrectly.
Jenn Lo:So I kept being the
Jenn Lo:smartest person in the room.
Jenn Lo:And I say that with quotes
Jenn Lo:because I wasn't right.
Jenn Lo:It's, it's, and even if I was technically
Jenn Lo:smart, there's a lot of aspects about
Jenn Lo:business that you cannot lead with that.
Jenn Lo:And I know that now, right.
Jenn Lo:And it was through a painful process
Jenn Lo:of, you know, a lot of, a lot of
Jenn Lo:late nights and a lot of fights,
Jenn Lo:but over the course of the years.
Jenn Lo:As you know, she learned about
Jenn Lo:my traits and learned about
Jenn Lo:our strengths and weaknesses.
Jenn Lo:I learned to be respectful about the
Jenn Lo:skills that says she brought to the
Jenn Lo:table that weren't directly based
Jenn Lo:on technical skills of being a coder
Jenn Lo:or being a designer of those type of
Jenn Lo:things because she didn't have that
Jenn Lo:background, nor is she supposed to.
Jenn Lo:And where that plays out really well,
Jenn Lo:especially in the current business
Jenn Lo:that we have today is our different
Jenn Lo:perspectives in thinking about we're
Jenn Lo:advertising to a wide breadth of people.
Jenn Lo:people, right?
Jenn Lo:If I talk too fast and that rubs
Jenn Lo:people in the wrong way or sends
Jenn Lo:it, that's a certain preference.
Jenn Lo:She balances out really well.
Jenn Lo:If I have a certain trait about thinking
Jenn Lo:about things in a certain way, she
Jenn Lo:provides a counterpoint to that very well.
Jenn Lo:When we're selling products, if I'm
Jenn Lo:not the end consumer, because you know,
Jenn Lo:I'm a male demographic focusing on
Jenn Lo:these type of products and I understand
Jenn Lo:messaging from these type of messages,
Jenn Lo:she'll look at things from a very subtle
Jenn Lo:level and be like, Hey, notice that.
Jenn Lo:Yeah.
Jenn Lo:That's really important and that
Jenn Lo:will completely overlook and so being
Jenn Lo:respectful of the other person's
Jenn Lo:strengthening weaknesses and helping them
Jenn Lo:encourage and flourishing that I think
Jenn Lo:that's hugely valuable and it's one of
Jenn Lo:the things that we haven't gotten to like
Jenn Lo:multi generational, you know, running
Jenn Lo:a business as a family in that sense.
Jenn Lo:Um, but it makes me think a lot
Jenn Lo:about, you know, whether if our
Jenn Lo:kids work in this business or not.
Jenn Lo:You know, hopefully not, maybe they're
Jenn Lo:only doing their own thing to explore,
Jenn Lo:but helping them encourage and flourish
Jenn Lo:in their own way that are unique to them,
Jenn Lo:I think is something that I, I, I wish
Jenn Lo:more people recognize and hear about.
Jenn Lo:That we took many years of very painful
Jenn Lo:conversations and late nights to get
Jenn Lo:past, which I'm glad we got past now.
Jenn Lo:Um, but it's one of those things
Jenn Lo:where it was very easy to overlook.
Jenn Lo:Right.
Jenn Lo:John and Connie: Exactly.
Jenn Lo:I couldn't say it any better.
Jenn Lo:Wow.
Jenn Lo:Yeah, we can relate.
Jenn Lo:Yeah, because I'm dyslexic.
Jenn Lo:So I look at the world entirely different
Jenn Lo:than he does and he's a perfectionist.
Jenn Lo:They don't necessarily go together.
Jenn Lo:John and Jenn: Yes.
Jenn Lo:Works when it
Jenn Lo:John and Connie: Well, and even Even
Jenn Lo:to go to the labels of strengths and
Jenn Lo:weaknesses, you have to tread lightly.
Jenn Lo:Because, you know, what's um,
Jenn Lo:what can seem like a weakness
Jenn Lo:can actually be a strength.
Jenn Lo:You know, it's kind of situational.
Jenn Lo:Like you said, you know, in a
Jenn Lo:chaotic situation, um, you know,
Jenn Lo:she's, to be able to figure a way
Jenn Lo:through much faster than I am.
Jenn Lo:I know for spatial relationships,
Jenn Lo:that's a different kind of chaos.
Jenn Lo:But like, when we were younger,
Jenn Lo:we were going to pack a car
Jenn Lo:full of stuff to go on a trip.
Jenn Lo:I'd look at the pile of stuff and I'd
Jenn Lo:look at the car and I'd say, You're
Jenn Lo:going to have to take some stuff back.
Jenn Lo:It's not going.
Jenn Lo:And she'd look at it and
Jenn Lo:say, Oh yeah, it'll fit.
Jenn Lo:And she was always right.
Jenn Lo:Always right.
Jenn Lo:And those kind of things, you know, I just
Jenn Lo:had to learn to appreciate and not fight.
Jenn Lo:He still fights, but I just ignore him.
Jenn Lo:John and Jenn: Once in a while.
Jenn Lo:It'll come around.
Jenn Lo:John and Connie: There was a book
Jenn Lo:John and Jenn: but
Jenn Lo:John and Connie: ago, Men are from
Jenn Lo:Mars, Women are from Venus, and that
Jenn Lo:really helped me level up on that scale.
Jenn Lo:It was an early day, but it helped.
Jenn Lo:Appreciating the differences.
Jenn Lo:John and Jenn: Oh, for sure.
Jenn Lo:And I think for us, it's, it's
Jenn Lo:again, hard in a, uh, family setting,
Jenn Lo:because even if you recognize the
Jenn Lo:strengths and weaknesses of a regular
Jenn Lo:business partner, it gets personal.
Jenn Lo:And so when you see the other person's
Jenn Lo:weaknesses, to not fault them, take
Jenn Lo:them to a fault and to associate that
Jenn Lo:with things outside of your life, it's,
Jenn Lo:it's, that's another can of worms too.
Jenn Lo:But it's because it's, it's one
Jenn Lo:of those things where, again, Um,
Jenn Lo:having strengths and weaknesses is
Jenn Lo:an important trait of any leadership
Jenn Lo:or any position in business.
Jenn Lo:But in a family setting is to not,
Jenn Lo:um, appreciate the person's strength
Jenn Lo:and not, you know, taking the role or
Jenn Lo:fighting over it or that kind of thing
Jenn Lo:is one aspect of it that would come up.
Jenn Lo:But the other aspect of it is on the
Jenn Lo:weakness side that you don't, um,
Jenn Lo:take it on that person personally.
Jenn Lo:It's, it's, it's, it's, there's an element
Jenn Lo:of that, that it's very easy because like
Jenn Lo:you said, When you're done at work, next
Jenn Lo:thing you know, you're going on a road
Jenn Lo:trip and you have to pack the car and to
Jenn Lo:carry that emotion or that, or that mental
Jenn Lo:understanding of the other person and
Jenn Lo:separating that within that environment.
Jenn Lo:And then going back to work the
Jenn Lo:next day afterwards, it's like,
Jenn Lo:tough
Jenn Lo:John and Connie: It is.
Jenn Lo:It is tough.
Jenn Lo:I love what, you know, you said
Jenn Lo:at the beginning, it's not for
Jenn Lo:the faint of heart, and it's not.
Jenn Lo:It's not.
Jenn Lo:But, you know, it's, there's that,
Jenn Lo:I come from an investing side, so
Jenn Lo:you know, there's risk and reward.
Jenn Lo:The
Jenn Lo:John and Jenn: yes,
Jenn Lo:John and Connie: more
Jenn Lo:reward, there's more risk.
Jenn Lo:It's gonna happen.
Jenn Lo:John and Jenn: Absolutely when it works.
Jenn Lo:John and Connie: And when
Jenn Lo:it works, it's amazing.
Jenn Lo:John and Jenn: Yes.
Jenn Lo:John and Connie: Wow.
Jenn Lo:Um, do you guys, you don't have
Jenn Lo:any other employees, do you?
Jenn Lo:Is it just the two of you,
Jenn Lo:or do you have a team?
Jenn Lo:John and Jenn: We have employees, we have
Jenn Lo:a team, , that are, we have, that are
Jenn Lo:based all over the world right now, , it
Jenn Lo:didn't used to be that way, we used to
Jenn Lo:have more, uh, employees co located in
Jenn Lo:Vancouver, , but the pandemic sort of,
Jenn Lo:like, shifted that, and so, um, we're,
Jenn Lo:we're a mix, mix of part time staff,
Jenn Lo:, and one full time staff and a bunch of
Jenn Lo:contractors, it's easier in the agency
Jenn Lo:world to, to fluctuate based on demand
Jenn Lo:and, , your sales velocity to manage
Jenn Lo:fulfillment in a contract and setting.
Jenn Lo:And so we've got the infrastructure
Jenn Lo:now that we didn't have before.
Jenn Lo:Um, and so in terms of
Jenn Lo:roles now, we're still.
Jenn Lo:Both handling account
Jenn Lo:management and fulfillment.
Jenn Lo:So we're still involved with the day
Jenn Lo:to day operations of the business.
Jenn Lo:And I lean more on the sales
Jenn Lo:side and she's more on the
Jenn Lo:marketing side of the business.
Jenn Lo:And, um, when we first talked about,
Jenn Lo:you know, the operations of the
Jenn Lo:business that we bought and owned.
Jenn Lo:Um, and so like 80 percent of the
Jenn Lo:time, it's still most on the agency.
Jenn Lo:The 20 percent time is on the venture
Jenn Lo:and we have a general manager effectively
Jenn Lo:that takes care of operations of
Jenn Lo:those businesses that we meet with a
Jenn Lo:regular basis, um, to make sure that
Jenn Lo:things are still running smoothly.
Jenn Lo:So that's our current setup right now.
Jenn Lo:John and Connie: Nice.
Jenn Lo:Cool.
Jenn Lo:Is there, is there anything in
Jenn Lo:particular that you've learned
Jenn Lo:from one of your employees that's
Jenn Lo:John and Jenn: Oh, lots.
Jenn Lo:I mean, so I think I'll talk about
Jenn Lo:the hiring process and I think
Jenn Lo:that might be true for any general
Jenn Lo:business, not just for family business.
Jenn Lo:, I think the thing about hiring and,
Jenn Lo:and leadership really, , is that, you
Jenn Lo:know, any great hire should be better
Jenn Lo:at you in their respective roles.
Jenn Lo:And for an agency, it's a little bit
Jenn Lo:harder because in the, , when you're
Jenn Lo:selling a service and you're selling labor
Jenn Lo:effectively, um, You have to be bringing,
Jenn Lo:you're basically arbitraging talent.
Jenn Lo:And so what it means is that generally
Jenn Lo:for a marketing agency, you're bringing
Jenn Lo:in more junior and intermediate
Jenn Lo:employees and then finding ways to
Jenn Lo:make sure that they incentivize to
Jenn Lo:stay with you medium to long term.
Jenn Lo:And so in terms of me learning from my
Jenn Lo:employees, I think, you know, for me,
Jenn Lo:it's about, , knowing how to step away
Jenn Lo:and delegate and be, uh, so I talked about
Jenn Lo:earlier, you teach what you need to learn.
Jenn Lo:Um, um, I think the staff and the team
Jenn Lo:has helped me, um, articulate a lot
Jenn Lo:of the functional processes that we're
Jenn Lo:doing that we've internalized that we
Jenn Lo:otherwise would not have been able to.
Jenn Lo:And so seeing them do better in each
Jenn Lo:of the respective roles than what
Jenn Lo:we would have done individually.
Jenn Lo:Um, that's, that's
Jenn Lo:always really rewarding.
Jenn Lo:Any business owner can say that, uh, can,
Jenn Lo:can, can understand and appreciate that.
Jenn Lo:Um, and so I think that's, um,
Jenn Lo:maybe it should be more specific.
Jenn Lo:One thing that I learned
Jenn Lo:from them, but I think.
Jenn Lo:You know, broadly, you
Jenn Lo:know, very general sense.
Jenn Lo:Um, that's been my experience bringing
Jenn Lo:people in and having them seeing them
Jenn Lo:thrive in our environment because
Jenn Lo:primarily we've been hiring people that
Jenn Lo:are earlier into careers has been really
Jenn Lo:rewarding and very fulfilling for me.
Jenn Lo:And, um, maybe I'll come back to
Jenn Lo:like a more specific lesson or
Jenn Lo:thing that I learned from them,
Jenn Lo:but Jenn, you have anything?
Jenn Lo:I think I'm going to build
Jenn Lo:upon just the delegation part.
Jenn Lo:I think indirectly you've kind
Jenn Lo:of learned how to delegate more.
Jenn Lo:And I think when we started the business,
Jenn Lo:it's just us, just you and I, right?
Jenn Lo:So it's, it was more so that like,
Jenn Lo:okay, we can bring on everything and
Jenn Lo:anything that we can actually do.
Jenn Lo:We always believe that we can
Jenn Lo:actually go through with it.
Jenn Lo:Um, Make things happen.
Jenn Lo:Um as we grow as a company as we grow
Jenn Lo:as a team We slowly had to learn how to
Jenn Lo:delegate Parts of the business and parts
Jenn Lo:of the task parts of the projects to
Jenn Lo:other people and it's really hard It's
Jenn Lo:it's it's a growing It's like a growing
Jenn Lo:up process to as a business owner to now
Jenn Lo:switching to be being being leadership
Jenn Lo:and being management um in time in that
Jenn Lo:like You need to have a you need to let
Jenn Lo:go and know how to let go when to let go
Jenn Lo:of like okay It's okay You need to put
Jenn Lo:this piece to that person and trust in
Jenn Lo:that person that they can actually go
Jenn Lo:and fulfill whatever they need to do um
Jenn Lo:now our Now that our team Um have worked
Jenn Lo:with us for quite a bit of time now up
Jenn Lo:to a year to three years now uh Some team
Jenn Lo:members have now know the dynamics between
Jenn Lo:him and I and know exactly when to just
Jenn Lo:like, Hey, do not involve John or like
Jenn Lo:let John know that no, you cannot do this.
Jenn Lo:Let me take care of it and then teach
Jenn Lo:him how to actually delegate and be okay.
Jenn Lo:It's like, no, I don't
Jenn Lo:need you to do this.
Jenn Lo:I just need you to make a decision
Jenn Lo:when I give you two, two options.
Jenn Lo:You choose one, please kind of thing.
Jenn Lo:Um, I think that's that helped
Jenn Lo:him a lot in terms of, Yeah.
Jenn Lo:Being aware of his, uh, leadership role
Jenn Lo:and how he can actually be improving
Jenn Lo:his leadership at that time, uh,
Jenn Lo:for, for being delegating that way.
Jenn Lo:But it's also to be more self aware for
Jenn Lo:him of his ADHD is because he wants to,
Jenn Lo:like, he, he wants, he knows he needs
Jenn Lo:to be a better leader, but he doesn't
Jenn Lo:quite know exactly how to actually let
Jenn Lo:go of certain things and prioritizing
Jenn Lo:what to let go and what not to let go.
Jenn Lo:Um, I think the team right now
Jenn Lo:have, found a really good soft spot
Jenn Lo:to know exactly where to involve
Jenn Lo:him and when not to involve him.
Jenn Lo:They know when to ask me for things
Jenn Lo:and they know when to ask Jenn for it
Jenn Lo:because John's not going to respond.
Jenn Lo:John's not going to respond for like days.
Jenn Lo:So, I think that part have helped and
Jenn Lo:as for me, I've learned really quickly
Jenn Lo:to delegate and I was like, I can't do
Jenn Lo:everything I've always been the one that's
Jenn Lo:doing like operations and marketing and
Jenn Lo:like, you know All the tasks that needs to
Jenn Lo:be done for the agent, uh for the for the
Jenn Lo:clients themselves as well for execution
Jenn Lo:so now That I have a lot more help,
Jenn Lo:I'm like, okay, I'm really trusting
Jenn Lo:to actually just let them go
Jenn Lo:through it when they are stuck.
Jenn Lo:I know I need to be a backup for it,
Jenn Lo:but I'm like, okay, but I'm not going
Jenn Lo:to give you all the silver spoon and
Jenn Lo:put everything into the instructions.
Jenn Lo:Like, can you go and figure it out for me?
Jenn Lo:I'm not going to give you
Jenn Lo:the instruction for it.
Jenn Lo:How about you give me a proposal
Jenn Lo:of one to two different options
Jenn Lo:and then let me out the rest or,
Jenn Lo:or evaluate what your options were.
Jenn Lo:Um, That never been that that never been
Jenn Lo:something I've done previously either.
Jenn Lo:I also had to go through a piece a lesson
Jenn Lo:to kind of let go and like trust the
Jenn Lo:team to kind of figure out some things.
Jenn Lo:And the biggest shift is because
Jenn Lo:my mental capacity was like just
Jenn Lo:over the top 110 percent already.
Jenn Lo:I can't.
Jenn Lo:I can't stuff more things in there.
Jenn Lo:Like I really need to actually lower
Jenn Lo:my mental capacity and that's the
Jenn Lo:biggest mental shift for myself.
Jenn Lo:It's like, Nope, I'm not going
Jenn Lo:to try to solve this problem.
Jenn Lo:I'm going to tell them these are
Jenn Lo:the results and these are the
Jenn Lo:things that I'm trying to solve.
Jenn Lo:Can you go and figure it out for me
Jenn Lo:and then come back with some options?
Jenn Lo:Uh, that, that's the growing part
Jenn Lo:of how we're dealing with the
Jenn Lo:team and how the team is actually
Jenn Lo:dealing with us at the moment.
Jenn Lo:John and Connie: So much
Jenn Lo:John and Jenn: Well said.
Jenn Lo:John and Connie: Yes, so much there.
Jenn Lo:Wow.
Jenn Lo:So, on one level, I heard so much
Jenn Lo:you said about early in that about
Jenn Lo:delegation would also apply to a
Jenn Lo:founder, trying to navigate the early
Jenn Lo:parts of succession because there's, you
Jenn Lo:know, very similar thought processes.
Jenn Lo:You know, they've, they've been doing it.
Jenn Lo:They know how to do it.
Jenn Lo:They know they can do it their certain
Jenn Lo:way and they have to learn to trust.
Jenn Lo:And, and part of that trust is
Jenn Lo:knowing that people are going to
Jenn Lo:make mistakes and we have to be,
Jenn Lo:you have to be okay with that too.
Jenn Lo:And they got to make their mistakes
Jenn Lo:in order for them to learn.
Jenn Lo:Cause you're, you know, you're, that's
Jenn Lo:part of them, how, how they recover
Jenn Lo:from the mistakes is then what,
Jenn Lo:how you learn to trust them more.
Jenn Lo:And, and the other thing you were
Jenn Lo:talking about, uh, reminded me of, uh,
Jenn Lo:have you heard of, uh, Dale Carnegie?
Jenn Lo:John and Jenn: Yes.
Jenn Lo:John and Connie: one of
Jenn Lo:John and Jenn: Do.
Jenn Lo:Mm-Hmm,
Jenn Lo:John and Connie: techniques that he
Jenn Lo:published in his book so many years
Jenn Lo:ago was, you know, when somebody
Jenn Lo:comes to him with a problem, he, you
Jenn Lo:know, if it's not, "Okay, tell me
Jenn Lo:your problem and I'll fix it for you."
Jenn Lo:It's no, , if you're going
Jenn Lo:to come to me with a problem,
Jenn Lo:here's a form you fill out.
Jenn Lo:What's the problem?
Jenn Lo:What do you think?
Jenn Lo:Uh, what are some several possible
Jenn Lo:solutions and what do you think is
Jenn Lo:the best possible solution and why?
Jenn Lo:And you bring that to me
Jenn Lo:filled out and we'll talk.
Jenn Lo:And you kind of described that
Jenn Lo:process in your, you know,
Jenn Lo:in how you learn to delegate.
Jenn Lo:Ha
Jenn Lo:John and Jenn: But we should systemize
Jenn Lo:it though, because we actually
Jenn Lo:never thought about it that way.
Jenn Lo:That was all like organic in the
Jenn Lo:way we, I actually systemized, I
Jenn Lo:read a book that actually clearly.
Jenn Lo:But it is very, very similar.
Jenn Lo:And I think it's very important to
Jenn Lo:us, a young company that started as a
Jenn Lo:startup to grow into a next phase of
Jenn Lo:their company and the next phase of the
Jenn Lo:company, if you are only thinking about,
Jenn Lo:okay, well, we're, we're the best of
Jenn Lo:what we do and we, we we're holding on
Jenn Lo:everything so tightly and not really
Jenn Lo:sharing the, the responsibilities and
Jenn Lo:the tasks and everything that, that the
Jenn Lo:roles, um, you'll always be just the
Jenn Lo:two of you and your business won't grow.
Jenn Lo:You really want it.
Jenn Lo:That that's totally fine.
Jenn Lo:If you actually want to grow a business
Jenn Lo:just for the two of you, and there's a
Jenn Lo:lifestyle business that way, but if you
Jenn Lo:have bigger ambition to actually grow
Jenn Lo:a business and grow it bigger, uh, with
Jenn Lo:better, with, with more team members.
Jenn Lo:And as.
Jenn Lo:As a higher, higher, a bigger company,
Jenn Lo:then you need to think about changing
Jenn Lo:of the roles and how you're going to
Jenn Lo:actually have passed down the baton to
Jenn Lo:somebody else to actually go through.
Jenn Lo:No, I'm not going to do
Jenn Lo:with finances anymore.
Jenn Lo:Hey, Grace, can you take this on?
Jenn Lo:And like, you know, you just need
Jenn Lo:to meet with me once a month, every
Jenn Lo:two weeks to actually go through
Jenn Lo:all the P& L and all the things.
Jenn Lo:Therefore, I can actually go back
Jenn Lo:to my CEO to actually talk about
Jenn Lo:those finances, the high level stuff.
Jenn Lo:But now you're shifting your role very
Jenn Lo:differently from where you started.
Jenn Lo:Five six seven years
Jenn Lo:ago to now you're okay.
Jenn Lo:Now you're a different stage of company
Jenn Lo:You have to you need to be able to
Jenn Lo:actually shift that mindset As you grow
Jenn Lo:as a team as you grow as a company and the
Jenn Lo:team Team members that you hire on board
Jenn Lo:also need to know that is the end goal.
Jenn Lo:That is the like north
Jenn Lo:star We're trying to get to
Jenn Lo:John and Connie: too.
Jenn Lo:You know, this is, this is where,
Jenn Lo:you know, sharing that, this
Jenn Lo:is our, you know, direction.
Jenn Lo:And, and, you know, someday you,
Jenn Lo:you, we may sell and you may be
Jenn Lo:working for somebody else or, you
Jenn Lo:know, whatever, that's, that's huge.
Jenn Lo:I, I was also thinking that, you know,
Jenn Lo:sometimes people grow a business like
Jenn Lo:that and they find themselves in a
Jenn Lo:role where they miss doing the work.
Jenn Lo:They miss those early days.
Jenn Lo:And so they actually sell the
Jenn Lo:company and then go start another
Jenn Lo:one and start over small so they
Jenn Lo:can get their hands dirty again.
Jenn Lo:And that's okay too, right?
Jenn Lo:John and Jenn: For sure
Jenn Lo:John and Connie: They do it with
Jenn Lo:a lot more money in their pocket,
Jenn Lo:usually, so they can even enjoy, enjoy
Jenn Lo:those early days much more without
Jenn Lo:having to sweat the little stuff.
Jenn Lo:John and Jenn: I'm
Jenn Lo:retired, now what do I do?
Jenn Lo:Let's
Jenn Lo:go find some work
Jenn Lo:John and Connie: There you go.
Jenn Lo:This has been wonderful.
Jenn Lo:It has been.
Jenn Lo:So, um, my last question is always,
Jenn Lo:you know, where can people contact you?
Jenn Lo:I think I need to modify that a little,
Jenn Lo:a little bit into who should contact
Jenn Lo:you, like what type of business,
Jenn Lo:and then where should they find you?
Jenn Lo:John and Jenn: for sure.
Jenn Lo:And I appreciate that plug.
Jenn Lo:Um, so you can find us at 2X.Agency.
Jenn Lo:That's the website URL.
Jenn Lo:So the HTTPS, uh, two X dot agency.
Jenn Lo:Um, you'll find our agency site and
Jenn Lo:you'll learn about our different services,
Jenn Lo:primarily in ad creative production.
Jenn Lo:So if you're creating video ads or
Jenn Lo:what's called UGC ads where users
Jenn Lo:generated content ads, We primarily
Jenn Lo:work with e commerce and software
Jenn Lo:companies, as Jenn alluded to earlier.
Jenn Lo:But in some cases we might have
Jenn Lo:some B2B software companies that are
Jenn Lo:looking for lead generation efforts.
Jenn Lo:So if you're looking for, um, more
Jenn Lo:customers or more leads, um, generally
Jenn Lo:they're good to have a discussion with us.
Jenn Lo:Um, they generally need to be, uh,
Jenn Lo:A bit further along where they have
Jenn Lo:existing sales and existing customers.
Jenn Lo:So we can have data to look at
Jenn Lo:to know how to improve whatever
Jenn Lo:metrics and systems that they have.
Jenn Lo:Um, but that's the place to find us.
Jenn Lo:Um, you know, personally you can
Jenn Lo:connect with us on Twitter and LinkedIn.
Jenn Lo:So, you know, I'm John Chan on LinkedIn.
Jenn Lo:There's a lot of us on there,
Jenn Lo:but if you look for that under
Jenn Lo:two X you'll probably find me.
Jenn Lo:Um, and on Twitter I'm at J T C C H A N.
Jenn Lo:I'm sure these will be links in the show
Jenn Lo:notes that I'll send over to you as well.
Jenn Lo:Um, but I think that's the
Jenn Lo:best way to reach out to me.
Jenn Lo:For me, for myself, it's LinkedIn as well.
Jenn Lo:Jennifer Lo.
Jenn Lo:Um, Jennifer.
Jenn Lo:Yeah.
Jenn Lo:I think it's Jennifer Lo.
Jenn Lo:Um, and then, uh, on Twitter, uh,
Jenn Lo:Jenn Lo underscore with two Ns.
Jenn Lo:So you can probably reach me there.
Jenn Lo:No,
Jenn Lo:John and Connie: that and
Jenn Lo:get it in the show notes.
Jenn Lo:Yeah.
Jenn Lo:This has been so much fun.
Jenn Lo:I'm so glad we did this.
Jenn Lo:Thank you!
Jenn Lo:I want
Jenn Lo:John and Jenn: thank you for having us on.
Jenn Lo:John and Connie: I wanna go to
Jenn Lo:Vancouver now and have dinner.
Jenn Lo:John and Jenn: Yes.
Jenn Lo:Well, next time we're in Tampa,
Jenn Lo:we also can actually come over
Jenn Lo:John and Connie: Oh yes, if you
Jenn Lo:come to Tampa, please let us know.
Jenn Lo:Yeah, we would love to see you anytime.
Jenn Lo:John and Jenn: Thank you for having us.
Jenn Lo:John and Connie: let's stay in touch.
Jenn Lo:John and Jenn: Absolutely.
Jenn Lo:For sure.