One day I was brought into the president's office and the president and said, Jeff, we love what your team's bringing to the table.
Speaker AWe have one issue.
Speaker AWe believe in a quote, fear based management structure.
Speaker ASo we'd really like you to align with our core values as a company.
Speaker AWe think people work harder if they think they might lose their job.
Speaker AAnd I said, here's my two week notice.
Speaker AI found out early that I wasn't going to be in a fear based management structure, that I was always going to be somebody who wants to lean in and invest in the team.
Speaker AAnd this idea that you're going to be able to attract and retain the best talent and be able to do that with a fear based management approach, this is not something that's gonna work in this world.
Speaker AAnd I think those types of messages are gonna hurt companies to retain that kind of talent.
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Speaker BWelcome back to lead the team with number one best selling author and in.
Speaker ADemand corporate trainer, Ben Fanning.
Speaker BOn this podcast, the world's most innovative.
Speaker ASenior leaders share their top success strategies to motivate your direct reports, cultivate your top leaders and accelerate your career.
Speaker ALet's get started.
Speaker AHere's Ben.
Speaker BHey there everybody.
Speaker BWelcome back to LE the Team.
Speaker BI've got a treat coming your way today.
Speaker BGet ready to meet a true trailblazer in the world of AI.
Speaker BJeff Mills, the President of iMerit is revolutionizing the AI data space with their innovative software delivered solutions.
Speaker BThey prepare the quote food for AI or the or they structure the data to feed and train AI and to deliver exceptional results.
Speaker BNot only does Jeff lead a global team of about 5,000 employees across sales, marketing solutions and delivery operations, but he's also been an integral part of some of the biggest names in tech.
Speaker BFrom his day, his early days at yahoo back in 1998 to his roles in successful exits like Critio and Kayak, Jeff's journey is a testament to his visionary leadership and entrepreneurial spirit.
Speaker BLet's rock and roll.
Speaker BWelcome to Lead the Team Jeff.
Speaker AThanks A lot.
Speaker ABen, great to be here.
Speaker AThanks for inviting me today.
Speaker BOh yeah, we're going to have a good one.
Speaker BSo let's start with what type of leadership style are you most known for?
Speaker AEarly in my career, found out what leadership style I wasn't somewhat early on, probably a decade or so into my career, I was part of a company acquisition.
Speaker AI went and worked for fast moving, fast growing company that our team started basically running sales for and delivering revenue for.
Speaker AAnd one day I was brought into the president's office, sat down and the president leaned into me and said, Jeff, you know, we love what your team's bringing to the table.
Speaker AYou guys are killing it.
Speaker ARevenues are up.
Speaker AAll of that's great.
Speaker AWe have one issue.
Speaker AYou're a high fiving, rah rah, get everybody charged up and go kind of guy.
Speaker AAnd we believe in a quote, fear based management structure and so we'd really like you to align with our core values as, as a company.
Speaker BAlign us?
Speaker BAlign with fear?
Speaker AYeah, yeah.
Speaker AFear based.
Speaker AWe think people work harder if they think they might lose their job.
Speaker AAnd I said, cool, here's my two week notice.
Speaker AAnd you know, I, I think you know, in literally that meeting I, I put in my, I put in my notice, I, so I found out kind of at that point, you know, what I'm, what I'm never going to allow myself to become now over the years, you know, I would love for people to basically say that, you know, I'm a player coach who wears his heart on his sleeve, you know, invests into the business, invest into the people, is somebody who will be around forever.
Speaker AI help a lot of people get their next jobs when they're still currently working for me.
Speaker AI've had the pleasure right now where I'm working with some of the brightest minds in the AI tech business who just joined our team within the last month, mixed in with people I've been working with for 25 plus years who've worked with me at you know, five, six different companies.
Speaker AI, I think I found out early that I wasn't going to be in a fear based management structure, that I was always going to be somebody who wants to lean in and invest in the team.
Speaker AAnd you know, I think some of that comes from growing up in the Bay Area, working in the Bay Area early on where some of these companies that we started to work for, you know, later on who were based out of kind of smaller markets to get away with this kind of quote, fear based management structure, this fear based approach, call it managing with A stick instead of the carrot.
Speaker AIn the Bay Area though, we've always had other opportunities for another job sometimes without even leaving the business park our cars currently parked in.
Speaker AAnd so, you know, I always agreed, yes, they will start working harder, but that's me working harder to find another job.
Speaker AAnd they'll find one pretty quick without, without moving.
Speaker AAnd I think that where things have changed a lot in this last decade, especially since COVID now people are able to get jobs from South Carolina or out here in the Midwest where I'm located now, and work for a high tech company that's based in the west coast.
Speaker AAnd so you know, this idea that you're going to be able to attract and retain the best track the best talent and be able to, to do that with a kind of fear based management approach I think is, I think is this is not something that's going to work in, in this world.
Speaker ABut you know, Meta's I think today laying off a bunch of people with kind of a similar message, right.
Speaker AThey're going out today and saying we're, we're laying off the bottom what, 10% or 5% or something like that based on performance.
Speaker AAnd I think those types of messages are going to hurt companies to retain that kind of talent right now.
Speaker AAnd especially with where AI is going, the war for the right talent is, is going to be, it's going to be steep.
Speaker BYeah.
Speaker BIt really seems when you talk about fear based, it seems very short term, leadership focused.
Speaker BYes.
Speaker BYou can get results today by striking fear into the hearts of people like oh my gosh, I don't perform, I'm out of here immediately.
Speaker BBut like you say it's, you know, they, they're going to start looking or they're going to, even, even if they're thinking about looking for a new job or they might have to or they should, you're immediately losing their engagement.
Speaker BAnd that slice of their minds, that discretionary thinking that they could be thinking about their job there, they're gonna be thinking about something else.
Speaker BAnd it's, that's the piece that we all want for our teams is man, can we get that discretionary thinking to focus on their job.
Speaker BAnd I'm curious, from your standpoint, what are your, what are your favorite.
Speaker BSo I'm thinking about like carrot versus stick.
Speaker BWhat have you seen to be the most effective carrots?
Speaker BOr I'll say maybe positive incentives because it seems like sometimes a carrot becomes wasteful maybe when it comes to money because like you're, you, you, you're, you're putting these things out, and they're really not moving the needle that much as a motivator or.
Speaker BOr a leadership style.
Speaker BSo just curious, what have you seen?
Speaker BAnd maybe one's a time where you tried a new version of the carrot and it surprised you how much it worked.
Speaker AYeah, I think what does the carrot even mean to somebody is.
Speaker AIs probably right.
Speaker AYou know, pretty vast.
Speaker ARight.
Speaker ASo, you know, my wife reminds me a lot that there's multiple love languages in the world.
Speaker AYou know, they're not.
Speaker AIt's not just one love language.
Speaker ARight.
Speaker AAnd so I think understanding and finding the love language for the people who directly report to you, I think is really important for you to understand even what the carrot even means to them.
Speaker AIs it words of affirmation that's really going to make them feel different, or is it a reward system where it's just monetary, you know, is it, you know, something else?
Speaker AAnd there was a Super bowl played here recently, and if you heard those teams coming out and talking and whatnot, and this is less about the sport, it's more about the team.
Speaker AEach of those teams were talking about how much they love the group they're playing with today.
Speaker AThey didn't say, I love being in this game because I'm going to lose my job if I wasn't, or because, you know, the stats or because of any of these types of things.
Speaker AThey said, I want to go to play with.
Speaker AWith this group that.
Speaker AThat has been formed.
Speaker AAnd.
Speaker AAnd I think that's the best carrot.
Speaker AThe best carrot is the group, the team.
Speaker AYou know, I've dared to say the word family before, which is.
Speaker AWhich has bitten me before because not everyone comes from a great family.
Speaker ARight.
Speaker ASo, you know, team seems to be the right word.
Speaker ABut, you know, I, again, I wear my heart on my sleeve and I try to make sure that we're all doing something together.
Speaker ASo when I'm interviewing people, one of the things I talk a lot about is at our organization, no one manages the shovel department.
Speaker AWe're.
Speaker AWe're all.
Speaker AWe're all on the.
Speaker AThe hole with a shovel, and we're all digging together.
Speaker AAnd so if you're looking for me or you're looking for my CEO, and you're looking up at the top of the.
Speaker AAt the top of the hole and going like, oh, where are they?
Speaker AWhat do you guys want me to do next?
Speaker AYou're looking the wrong direction.
Speaker ALike, we're deeper.
Speaker AWe're deeper in the hole with a lantern hanging from our.
Speaker AFrom our teeth, trying to.
Speaker ATrying to Help push us through to.
Speaker ATo the other side of wherever we're going.
Speaker AAnd I think when you're in it with people and they really feel like you're in it with them and you're part of that team, that's actually more carrot than.
Speaker AThan probably the monetary piece or the words of affirmation.
Speaker AAll those pieces matter, of course, but.
Speaker ABut, like, you have to feel like you're in it.
Speaker BSo the number one carrot is the team that, that you, the leader, are creating.
Speaker BAnd the other carrot is, which I find interesting, is your leadership style.
Speaker BHey, the.
Speaker BThe carrot around here is you've got a top executive who's in the hole with you.
Speaker BYou're not being managed from someone in the Ivory tower five levels up.
Speaker BAnd you only hear from me during our quarterly earnings call.
Speaker AI, I mean, I, I say which can be done.
Speaker BBut that's not your style.
Speaker AIt's not.
Speaker AThat's not my leadership style.
Speaker AMy leadership style is we're all in it to win it, and we're gonna.
Speaker AWe're gonna push through this thing together.
Speaker BCan you, can you give us an example of a time where you know what a lot of leaders, or maybe you felt.
Speaker BMaybe you felt against your nature to be sort of in the Ivory Tower, but you decided to get in the weeds.
Speaker BYou were digging, and I like this image of you holding the lantern in your.
Speaker BIn your mouth while you're digging, and you took that approach and you got a different response or a surprising response from the team.
Speaker AThere's been plenty of times in my career where I've been surrounded by people who are looking at the status of what they do.
Speaker AThey're flexing power, they're flexing status, they're flexing, you know, these types of things.
Speaker AAnd you can.
Speaker BThere's a call to stay strategic.
Speaker BLike, they would say some, Some people might say, jeff, well, you know, you're the top executive.
Speaker BYou should be strategic.
Speaker BAnd they say that because, like, if you get in the details, you're.
Speaker BYou're not going to be able to be strategic.
Speaker BOr they're like, I don't know.
Speaker BLike, I've heard that at least in my career a lot.
Speaker ASo I'll tell you.
Speaker AI'll tell you a story.
Speaker AThis is back to early in my Yahoo career.
Speaker AI remember interviewing somebody who was.
Speaker AWho had just graduated from Harvard, was coming in, you know, Harvard Business School guy, which I have no problem with, with.
Speaker AWith Harvard at all.
Speaker AMy brother, actually is the headwater pool coach at Harvard University.
Speaker ASo I, I'm.
Speaker AI'm a I'm a fan.
Speaker BSorry, bro, but talking about at Thanksgiving.
Speaker BBut that interview where you talked about Harvard.
Speaker ABut when I interview this guy, he comes in and he goes, you know, I want to be innovative.
Speaker AI want to be strategic.
Speaker AI want to be.
Speaker AAnd he said, says all the buzzwords.
Speaker AYou were kind of starting to throw out.
Speaker AI said, that's awesome.
Speaker AAnd we need that here, and we want that here.
Speaker AOkay.
Speaker AI still want that everywhere I work.
Speaker AThe first day we come back from New Year's, we're going to pull out all the colored pens, Ben, the ones that smell really good.
Speaker AWe're going to go to the whiteboard.
Speaker AWe're going to draw spheres, right?
Speaker AWe're going to draw triangles, we're going to draw funnels.
Speaker AThis is a triangle turning the other way.
Speaker AWe're going to draw all kinds of great things that show strategy and innovation to the, to the fullest.
Speaker AThen for the next 360 odd days, we have to implement and execute those things.
Speaker ATommy, how are you at Excel?
Speaker AWhen's the last time you've done a PowerPoint?
Speaker AWhen's the last time you pick up the phone and called somebody?
Speaker AWhen's the last time?
Speaker ALike, like the, the reality is execution is 99% of what we do.
Speaker AIt's, it's not, it's not the idea.
Speaker AIdeas come every day.
Speaker AIdeas are great, that's fine.
Speaker ABut ultimately we have to execute on these ideas.
Speaker ACan you execute?
Speaker ABecause if you can't execute, I don't really care about the rest.
Speaker BAnd what happened?
Speaker BDid he leave?
Speaker ANo, I didn't hire that guy.
Speaker ABut.
Speaker BOkay, you'll know what happened, because that was it.
Speaker AYeah, I mean, I, I just.
Speaker ABecause he want, he just wants to go be strategic.
Speaker AI don't know, like, I don't know what that even really means.
Speaker ALike, I know what it means to, to come up with big, big business plans and big ideas.
Speaker AAnd I do that.
Speaker AI do that every year.
Speaker ABut then we have to go execute those ideas, and you have to go out and you have to go do the work to make that happen.
Speaker AAnd so at some point, somebody in that boardroom needs to know how to go in and motivate a lot of people on doing the actual work that needs to be done to make that happen.
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Speaker BWhat do you do as an executive?
Speaker BBecause you're, from what I know about your space, you do spend a lot of time helping companies with strategy because there's a lot of data for sure, there's a lot of, I'm saying Excel, but you need a lot more robust tools in Excel.
Speaker BSo what are you doing as a leader to go back and forth all day as I'm imagining?
Speaker BOkay, we have to execute but you've got to go in and talk high level vision for companies from healthcare to cars, right, Self driving cars and you're, you're spanning industries, you're staying high level, you're speaking with executives to strategize but then you've got to get very, very detailed.
Speaker BSo are you like the executive who's in the, in the boardroom and then you get on the plane and you're, and you're like on Excel and the data or how are you going back and forth there?
Speaker AYeah, so my right brain, left brain, like I have a pretty, I'm pretty lucky from the perspective that I, I can tap into both very quickly and I can switch topics very fast and, and move from talking about, you know, 3D lidar, dense lidar models that are going to go into power ADAs, vehicles, self driving car technology, type stuff and then flip right over and start talking about something like maybe ambient scribe technology within the medical profession which is completely different.
Speaker AIt's text based, it's LLM based.
Speaker AIt's like a completely different, different world of stuff.
Speaker AI can jump between the two pretty quick and then I can jump down and get into the details.
Speaker AOne of the things I do is I surround myself with thought leaders within those space, within each of those spaces.
Speaker ASo I have a doctor, Dr.
Speaker ASina Bari who works on my team, who is a Stanford trained surgeon, you know and he, he, he's a full time member of, of, of the IMERIT healthcare team, runs the healthcare team here.
Speaker AAnd then I have a PhD in linguistics and Teresa O'Neill who works for me who can jump in and get deep into, you know, syntax of languages and all kinds of different stuff that matters within the LLM space.
Speaker AAnd so part of it I think is being able to surround yourself with people that can help enable you to be able to jump from those things.
Speaker ASo I can take kind of high level thought and whatnot but then get down into kind of the minutia with thought leaders, industry experts at that level.
Speaker ANow I kind of go back to the motivation thing before and the retention and why retention is so important is as AI as these different types of technologies continue to advance, one trick ponies are going to run into a lot of problems and that's probably been lucky.
Speaker AThat my kind of career was based on startups a lot in the, in the very beginning is because it made it so that I understood that you had to have a love for learning and learn different things very fast and then be able to pivot in the space very fast.
Speaker AAnd so I surround myself with thought leaders who understand industries who have a love for learning and can pivot and move, move through those areas quickly.
Speaker AThat to me is kind of the, the kind of formula that you need with people you hire and that goes back to those people aren't going to work with someone who isn't in there, who they respect.
Speaker ARight.
Speaker AAnd so how do you earn respect if you're not with the team on the front lines doing those things?
Speaker AI'm not saying I don't spend a lot of time, you know, unplugging and just thinking about strategy.
Speaker AI definitely do.
Speaker ABut then you have to show up on these other, in these other areas.
Speaker BSo you're, you have a team that's remote around the globe and you're traveling all the time.
Speaker BYou're about to go to India from the US You've got big trips.
Speaker BWhat are you doing to stay that close?
Speaker BLike how manage your, this lifestyle that you've got to traveling, meeting with customers, meeting their employees to, to get into the weeds with because it seems like there's so many demands on your time.
Speaker BIt's, it'd be, it's just hard to manage that.
Speaker BSo how are you approaching it?
Speaker ASo no doubt everything you're saying is a thousand percent true.
Speaker AI work a lot of hours a day and first of all I don't have a work life balance.
Speaker AI just have life.
Speaker AAnd so you know, I, I make it to most of my kids games when I'm not traveling.
Speaker AI, I'll go to every basketball game and, and water pole game and music concert and whatever.
Speaker AYou know, I have three, three boys so I'm, I'm very busy doing those things and I'm on calls till two in the morning most nights, you know.
Speaker BSo you have a global team and time zones are really an issue probably.
Speaker AI go to, I try to go to my team's time zone, not my team come to my time zone as much as I can.
Speaker AAnd so that's hard, you know, and, and, and it's a thing.
Speaker AAgain, leadership on my team is super important.
Speaker AI trust the people who are in place in each of, like, my vertical leads.
Speaker ASo, you know, I have a high tech lead, I have a health care lead, I have a mobility lead.
Speaker AYou know, I have, I have people who are managing kind of the different departments, but then I'm getting in with them deep, you know, daily, weekly basis.
Speaker AAnd so I'm also, I would say, somebody who.
Speaker AYou can put time on my calendar at any minute, but I'm probably not going to come tackle you either.
Speaker ASo I trust that my team is going to pull me in when they need something.
Speaker ARight.
Speaker AI'm not going to come knock on the door every day.
Speaker BSo you're setting expectations with your team around communication and when, when to pull you in, when not.
Speaker BSo they're not sitting there.
Speaker BWell, should I pull Jeff in?
Speaker BShould I not?
Speaker BIs he gonna get mad at me if I.
Speaker BHe's not included.
Speaker BDo they?
Speaker ANo.
Speaker BSo I, they know this.
Speaker BThey understand.
Speaker ASo I check my ego and I have implicit trust that they're going to deliver on the things that need to be done.
Speaker AThe biggest trust I have is they're going to pull me in as they need to.
Speaker AThat.
Speaker AThat is something that's built over time because I, I also have to trust that they won't burn themselves out and that they will come grab me when they need it and that they will be honest with.
Speaker AIf they're not, then that, you know, that's going to hurt us both eventually.
Speaker BSo.
Speaker BGood.
Speaker BAnd thank you for being so open about that.
Speaker BI think a lot of leaders don't have that sense of clarity with their team around the globe when they have their different cultures involved and you hire someone new if you haven't worked with them before.
Speaker BGetting that clarity up front can help everybody in terms of how the communication is going to go.
Speaker ASo that's a big part of my interview process.
Speaker ARight.
Speaker AIs, is that, I mean, is specifically on what we just kind of said, you know, if I string them together, right, we're all going to be in the pit, we're all going to be managing our own shovels, we're all going to be digging together.
Speaker ABut if you need me, I need you to yell, right?
Speaker AIf, if you don't call me over, I, I.
Speaker ABecause I'm just going to trust you.
Speaker AGot it?
Speaker AYou know, and, and when you call me over, though, I will, I will be there.
Speaker AAnd I won't be upset that you call me.
Speaker AI will be there.
Speaker BLet's dive into AI just a little bit.
Speaker BI know it's like a whole different podcast to talk about just, just aips.
Speaker BBut really curious since you're in, you're, you're at a critical nexus of AI across so many industries.
Speaker BHow are you n conversation on how it's going to affect the employees of the people that work with you?
Speaker BBecause it, it, I think the vibe in 2025 is cost cutting.
Speaker BCost cutting.
Speaker BCost cutting initially seems to be the, I guess, initial step for a lot of companies and that starts to freak people out and how they do that.
Speaker BSo, so when they're coming to you, how are you shaping the conversation on what all AI can do for them?
Speaker AYeah, so I, I, first of all, I don't think they're all cutting costs.
Speaker AI think they're investing their, their dollars differently.
Speaker AAnd so first things first, I would say.
Speaker AYeah, I think there's to be a lot of renegotiations of software.
Speaker AI think there'll be a lot of renegotiations of services companies.
Speaker AI think there's gonna be a lot of renegotiations of things as investments move more into AI powered solutions.
Speaker AThat's not cost cutting, that's cost reallocation.
Speaker AOkay, so that's a big thing.
Speaker BWhat are they reallocating it from?
Speaker BA lot?
Speaker AYeah.
Speaker ANo, so software, software and services both, but independently are going to be impacted significantly over the next year.
Speaker ATwo years.
Speaker AI mean, honestly, it's, it's happening as, as we speak.
Speaker BSo services that they're paying for, they can re, they can get their data and do a lot of this through AI tools versus using the, a third party that might not be as tightly integrated.
Speaker AYeah, but not just.
Speaker AYeah.
Speaker ASo services is the big multi trillion dollar business that, that you know, has the opportunity to be impacted significantly, but don't think software is not as well.
Speaker ASaaS companies are about to get a very different type of business case that's coming in.
Speaker ASo as you're ingraining AI into your processes, you're not going to continue to pay for software subscriptions that are feature based.
Speaker AThey're going to all become outcome based.
Speaker ARight.
Speaker AAnd so really what's going to happen right now is you're going to start using solutions whether they're mostly they're going to become combinations of software and services.
Speaker AThat's why we say we're software delivered services is because our software has AI.
Speaker AWe're an AI company first and foremost.
Speaker AWe're a expert company as well as we have all this expertise internally around the work we're doing.
Speaker ASo when you merge those things together, it can become outcome driven on the type of solutions that you're actually building.
Speaker AThis is going to start happening everywhere.
Speaker AYou're not going to just say, oh, I'm going to spin up call center tomorrow and pay for a software license from one company where call centers are managed through the software for call it telephony in the cloud and all this stuff and then go hire thousands of people to sit on that software.
Speaker AYou're going to go pay for a solution where it's based on calls rendered or like high quality calls.
Speaker AAnd that's going to have the software, the services, everything ingrained into it.
Speaker AAnd AI will be the backend of it.
Speaker AWhether it's agentic AI, whether it's just algorithm based, it doesn't matter.
Speaker AAt the end of the day it's going to be outcome driven.
Speaker ASo this idea of paying a SaaS license plus an FTE model, those days are about to be disrupted significantly very fast.
Speaker AMy advice on this stuff is think of the digital transformation that we've gone over the last 20 years.
Speaker AEveryone's talking about digital transformation, digital transformation.
Speaker AImagine somebody 20 years ago, 25 years ago who said I don't believe in email and I don't really believe in the Internet, right?
Speaker AI'm going to go ahead and still write my letters and I'm going to send my letters that way and I'm going to continue to not worry about being a digital first company.
Speaker ALike could you imagine that today?
Speaker ALike your mind would be like what?
Speaker ALike, like that doesn't even make sense.
Speaker ASame things about to happen right now.
Speaker AGoing from this digital transformation to AI transformation is going to happen.
Speaker AIt's going to happen fast.
Speaker AAnd so again, what skills are you looking for in people?
Speaker AYou're looking for people who are, have a love for learning.
Speaker AIt's going to change fast.
Speaker ADo the people on your team, are they already playing with this stuff, right?
Speaker AOr are they going like, oh, I'm in procurement, I use a procurement tool and I don't want my job to be, to be impacted by this.
Speaker AIf that's the case, you're, you're like falling way behind really fast.
Speaker BYeah, I love that.
Speaker BAnd it's really kind of a wake up call.
Speaker BYou're like, well wait a minute.
Speaker BIt's the being more human and be humanly curious becomes more important in an AI world than just for sure technical skills where a lot of people might think, well, I need technical skills in AI world but really that's where AI is coming in and delivering the value.
Speaker BWe need the humanity behind it.
Speaker AThat, that's right.
Speaker ASo, so the people I, you know, again, the people that I have on my team are experts in things, Stanford trained surgeons, PhDs and linguistics.
Speaker ALike they, they have these expertises but they're also have a love for learning.
Speaker AThey're in there playing with agents, they're in there figuring out how are we going to tie this together, how do we disrupt this business, but ultimately how do we create outcome driven products that solve a problem?
Speaker AI mean this is, this is like again, Startup 101 type stuff, right?
Speaker ALike what is your addressable market?
Speaker AWhat problem are you solving?
Speaker AThis is going to now happen in every single function within a company.
Speaker AWhat problem are you solving?
Speaker AHow are you solving it?
Speaker AAnd then how are you leveraging tools that exist to do it now?
Speaker ADo you know how many hammers exist?
Speaker BShould I ask ChatGPT this question?
Speaker AI mean you could definitely do that and it would tell you, but like a construction worker doesn't have one hammer.
Speaker AThey don't just show up with one.
Speaker AThere's framing hammers, there's mallets, there's, you know, there's, you know, fine tuning, there's like a hundred different types of hammers for different project.
Speaker AAI is no different.
Speaker AYou have to learn what these different hammers can do so that you have the tools in your tool belt to be able to be successful in your trade.
Speaker AYour trade though, understand, will have AI equivalent hammers that you're going to have to learn how to use very quickly.
Speaker AI don't care what you're in.
Speaker BYeah, the way you talk about it, you're talking about AI with excitement and as an opportunity, not as a fear, fearful thing to be afraid of.
Speaker BAnd I believe that the leaders who can instill that mindset in their teams and help them maintain it are going to be the ones that win at the end of the day and having partners that take that approach and it sounds like you guys are in that boat too, 100%.
Speaker AYou know, we're helping our clients figure out outcome driven processes to solve the problems that they, that they have generally in what's considered now the multi modal kind of AI data space.
Speaker AAnd so, you know, yeah, I, I believe that I am lucky to have a front row seat on kind of how all these different companies are playing with AI and built within their, within the verticals that they're in.
Speaker AI think that people need to be less Scared, they need to lean in and they just need to understand that this is no different than the digital transformation.
Speaker APeople started learning Excel, they started learning PowerPoint, they started learning email.
Speaker ASame thing's going to happen here.
Speaker AYou're going to start learning how to use an agent, you're going to start learning how to, you know, prompt, you're going to start learning how to do these different things.
Speaker AAnd to your point, the human skills, those are going to be insanely important.
Speaker AAnd how we, how the companies who are successful leverage it.
Speaker BAnd talking about outcome based approaches with AI, what, what's one that's really excited you or surprised you the most in terms of applying AI and getting a, an outcome maybe you didn't expect or.
Speaker BThat seemed to really move the needle.
Speaker AYeah.
Speaker ASo I, I think there's, it's, it's funny, you know, I think the biggest thing right now is that it's going to impact FTE models too.
Speaker ABut, but what people don't always understand is that doesn't necessarily mean the work you're investing into it, the margins or the revenue goes down.
Speaker AIf you are implementing the right processes, you actually can increase your revenue and increase your margins.
Speaker ABecause companies are more comfortable spending on outcomes, right.
Speaker AThey'll say, I remember they're adding more.
Speaker BValue than what you were doing before.
Speaker ASame thing about happening in the advertising industry over the last kind of 20 years, right.
Speaker APeople paid for CPM, cost per thousand impressions, then they moved to CPC, cost per click, then they moved to CPA, cost per acquisition.
Speaker AYou know, they kept moving into these different models.
Speaker AAnd AI, if you really think about it, is what's powered a lot of what's happened in the, in the, in the transformation of, of advertising, especially digital advertising.
Speaker AAnd they're actually spending a ton of money on that stuff.
Speaker AIt's not like they dropped their budgets, they actually increased their budgets.
Speaker AOnce you could basically tie it to success output, it just changed the model.
Speaker ARight.
Speaker AAnd that same kind of thing is going to happen in every industry.
Speaker BSo dig digging a little bit on a personal level, when's a time you had a twist or failure in your career and had to lead to your success or growth on down the road?
Speaker AHow when I had a failure of success in my career and what a.
Speaker BA twist or a failure in your career and how did it lead to your success or growth on down the road?
Speaker AYeah, I have to be careful about some of it.
Speaker AThere was a company I worked at where we did some really great work.
Speaker AWe had a really great idea and there was some really good people working there, smart people.
Speaker AAnd the product just didn't quite get there.
Speaker AAnd there was a chance for this to become a really big, really exciting company.
Speaker AThe product just wasn't able to quite hit the numbers it needed to hit to become kind of an industry disrupted disruption in this space and what I think it did for me, to be honest, is it reset some of my values on what it is that I wanted to be able to bring to a company.
Speaker AWhen I met Imerit, where I work now, and I met Radha Basu, our CEO when she was launching Imer, she was launching it to create jobs for under resourced communities around the world.
Speaker AFor me it kind of changed the value that every deal we did I knew was going to create jobs for other people around the world.
Speaker ANot just for the product, not just for investors, not just for kind of the business side, but also for the people side.
Speaker AAnd so the irony here is we're a big time AI company creating data that's powering these algorithms around the world and we're creating jobs for people who actually need those jobs.
Speaker AAnd so that failure in, you know, at least one, maybe two startups where I think that it could have gotten much further if the product kind of had enhanced and stuff actually got me to reset my view a little bit into how can I have a little bit more sense of purpose with what I'm doing that's beyond just kind of the dollars and cents myself.
Speaker AAnd that's how I found the company.
Speaker AI've been spending the last eight, almost nine years now.
Speaker AI'm building something that yeah, ends up being super high tech, super product driven, scaling, all of that kind of stuff.
Speaker ABut it was built on the idea that we could create jobs for thousands of people around the world who needed them.
Speaker AAnd so ironically ended up getting somewhere much more technical, much more high growth.
Speaker ABut doing it on the, on the premise of we can actually affect a lot of people's lives by creating opportunity for them and that's where that kind of has, has, has been heading out.
Speaker ASo in some ways to me that's, that's kind of like counterintuitive that, that, that that would have happened.
Speaker BYeah, it, that is so cool.
Speaker BAnd then what I hear in there is your willingness to look in the mirror when it didn't work out at the other companies like, like you'd hoped because it's so easy to just get angry at the other people that weren't doing what you saw or they weren't on board and you're like, wait, A minute.
Speaker BI'm going to start with me and maybe I need to buy something that aligns with my values and then whammo.
Speaker BIt sounds like when you got timeer it, it's all come together.
Speaker ABut go back to strategy versus execution.
Speaker AThe strategy in those companies was great, is the execution that, that fell short.
Speaker ARight.
Speaker ALike, and so I think again, that's where a lot of this.
Speaker AEvery time I've been successful in my career, it's because we rolled up our sleeves.
Speaker AWe got in there and we did the work.
Speaker AHaving this premise that we were going to go into this company I Merit was about 300 people when I started.
Speaker AYou know, we're now more like 5,000 people and we're creating a livelihood for each of those people.
Speaker AThat happened because we rolled our sleeves and we got in and we, and we solved real problems.
Speaker ACool.
Speaker AWell, just real companies that needed them.
Speaker BI mean, this has been such a fun episode today and a great interview.
Speaker BA lot of inspiring nuggets along the way.
Speaker BWhat's your parting thought for our listeners?
Speaker BYou can take it anyway or anywhere you'd like to go with it.
Speaker AYeah, look, guys, don't be scared of AI.
Speaker AYou know, lean in, learn it.
Speaker AJust a tool, just like any other tool.
Speaker AIt's a tool that's going to affect a lot of things and then, you know, yeah, be a learner.
Speaker AYou know, have a love for learning.
Speaker AHave fun with it.
Speaker AYou know, people have fun with this stuff.
Speaker AAnd yeah, don't get scared of it.
Speaker ALean into it, learn from it.
Speaker AThey have a chance of helping build the next wave of, of what's to come.
Speaker AAnd a lot is coming.
Speaker AAnd so, you know, there's a whole, a whole big market that's about to explode in this space right now.
Speaker AI have, I, you know, I have plenty of.
Speaker AWe talked about Aunt Mary's and stuff before we got on this call and plenty of people during the digital transformation that said, oh, like, I'll never put my credit card online or I'll never do these things.
Speaker AYou hear that today?
Speaker AIt's like, that makes no sense.
Speaker AYou know, don't be, don't be one of those people that is scared of where this is going.
Speaker AAnd so you, and so you miss out on what's going to be an exciting, exciting time in business, but also for, for people.
Speaker BThanks so good.
Speaker AMy pleasure, Ben.
Speaker AThanks a lot for having me.
Speaker AAnd appreciate what you guys are doing.
Speaker BWant to boost your productivity and decision making.
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