I see leaders in companies.
Speaker AWhen times get tough, they act like victims.
Speaker ABut I am the world's biggest super fan.
Speaker AYou're like a super fan.
Speaker BWelcome to the Business Superfans Podcast.
Speaker BWe will discuss how establishing business superfans from customers, employees and business partners can elevate your success exponentially.
Speaker BGain insightful knowledge from the experts who create applications to help you create passionate superfans.
Speaker BThis is the Business Superfans Podcast with your host, Freddy D. Freddy, Freddy.
Speaker CHey super fans.
Speaker DFreddy D. Here in this episode 185, we're joined by Lee Benson, bestselling author, founder and CEO of Execute to Win and CEO of Dinner Table.
Speaker DLee tackles a challenge that quietly stalls growth for many service based businesses.
Speaker DLeaders are working hard, but without clear value creation, Aligned execution and a shared strategy effort doesn't translate into results.
Speaker DFrom his early career building companies to advise leaders at the highest level, Lee made it his mission to help organizations close the gap between intention and impact.
Speaker DFeatured in the Wall Street Journal, Forbes and Inc. And trusted by executives worldwide, Lee brings practical, no nonsense approach to leadership and execution.
Speaker DIf your business feels busy, but not breaking through, this conversation shows you how to change that.
Speaker CWelcome Lee to the Business Superfans Advantage podcast.
Speaker CGreat conversation that we had prior to starting recording.
Speaker CWe were just down the street from one another, so welcome to the show.
Speaker EGood to be here.
Speaker AThanks Freddie.
Speaker CSo before we talked you were a little bit into musician and did all kind of that stuff before we started recording.
Speaker CBut so let's go back to kind of the beginning.
Speaker CI mean I know that that's your hobby and your passion, but you're also into business and working with a lot of executives and stuff like that.
Speaker CSo how did that all come about?
Speaker CWhat's the backstory?
Speaker AYeah, you know what's interesting?
Speaker APeople ask me, hey, where'd you get your start?
Speaker ASuch a typical question.
Speaker AAnd I now I say I got my start pulling weeds at 25 cents an hour at six years old and that was just riding my bike through the neighborhood.
Speaker AA neighbor that I didn't know, not a friend or family member, said, hey, would you be willing to do this in my garden?
Speaker AI said sure.
Speaker AAnd back then in the late 60s, you could buy two candy bars and have change.
Speaker ABut it felt really cool.
Speaker AI came from a super low income family and it's like I traded my best efforts.
Speaker AI got some money for it.
Speaker AAnd then that went on to shoveling snow, mowing lawns and paper out dishwasher, busboy, cook.
Speaker ABy the time I was kicked out of the house the beginning of my senior year in high school I was making six bucks an hour working at a Coco's restaurant as a cook.
Speaker AIt was a non event for me to be able to afford an apartment.
Speaker AI spent one night in my truck, no big deal.
Speaker AAnd then from there.
Speaker AIn high school I was teaching guitar lessons.
Speaker AI've been in bands since before junior high school.
Speaker AStarted playing when I was about 5 years old.
Speaker AFormed a band in the first half the 1980s.
Speaker AWhen I got out of high school we played over a thousand nights in clubs.
Speaker AMade most of my money doing that.
Speaker AI don't count it as one of the eight businesses that I've started from scratch so far, but it was like a business.
Speaker AWe had a sound crew, light crew, a manager, rhythm sections, changing people out, booking all the gigs.
Speaker ABoy was that a lot of fun.
Speaker AAnd again made most of my money doing that.
Speaker AI had other jobs but it was quite, quite a ride, A lot of fun and I've kept it all the way through.
Speaker AAs you can see my background, this is my full blown music music recording studio.
Speaker APut out an album last year.
Speaker AMy band is called Landed the current band and you can find that on music anywhere.
Speaker AIt's streaming so yeah, it's a power hobby.
Speaker EIt's just a blast.
Speaker CWow.
Speaker CWe have similar background in one aspect and that was that I didn't start my own business until I was in my late teens but I started pumping gas at 15 for a dollar an hour at the local gas station.
Speaker CAnd then in 11th grade I was living on my own.
Speaker CI was paying rent in 12th grade and I moved back beginning of 12th grade but that didn't last long.
Speaker CI was out by my 18th birthday and basically rented a bedroom again in some other's house and was drafting work for engineering stuff and was getting started out at $2 an hour.
Speaker CAnd then I think I got myself up at end of high school like about 4, 4 50, something like that an hour.
Speaker CSo yeah, you and I have some similar background from the good old days.
Speaker AThere were a lot of challenges in my family.
Speaker AA lot of family members in and out of jail.
Speaker AIt was a strange environment but it taught me so much about how I didn't want to show up in the world.
Speaker AAnd I wouldn't trade any life experience so far, good, bad or indifferent.
Speaker AThere's healthy struggles, there's unhealthy struggles.
Speaker ABut I like how I see the world, I like how it's shaped me.
Speaker AAnd I guess one lesson through all that.
Speaker AFreddie, I'm curious what you think about it.
Speaker AIs that I believe all the opportunity in the world is in the struggle.
Speaker AWe're taking with the best of intentions more and more away from the kids.
Speaker AI see leaders in companies, when times get tough, they act like victims rather.
Speaker AWait a minute, I'm a leader.
Speaker AThat's why we have you.
Speaker AIf the world was perfect, we wouldn't need you here.
Speaker ASo what's your take on this whole.
Speaker CI totally agree.
Speaker CThat's usually as a leader, that's the time when you're supposed to step up and lead and pull your people and you know, be the stopping block.
Speaker CYou know, in the sense of you're the cornerstone, you're keeping everything together and people are looking up to you for that.
Speaker CAt that point, especially in business when things are getting a little bit difficult, cash flows nuts up and down.
Speaker CYou need to be what I call the coxswan of the racing rowing team and be the person that's going to keep everybody in line and keep everybody going and says, you know what, we're going to get through this thing.
Speaker AYeah.
Speaker AEvery day when I come in, you know, I've hired my different businesses, thousands of employees over the years.
Speaker AIt's never perfect across the board.
Speaker AFor me it's just really important to be able to see the business.
Speaker AAnd I look at it as like a value creation flow structure.
Speaker ASo everything from awareness, how do people even know about us?
Speaker ADo they know about us walking through, generating marketing, qualified leads.
Speaker ASales qualified leads, closing those leads, producing the product or service, delivering on it, ongoing customer experience.
Speaker AAnd every business is a little bit to a lot different.
Speaker ABut when I look at that flow, there's red, green and yellow and all those links in the chain or this flow structure and then you've got a support structure to that.
Speaker AIt could be hr, legal, engineering, quality, finance, et cetera.
Speaker AHow well are they supporting that value creation flow so they can do their best work the highest percentage of the time when you can clearly see that you know exactly what to do every day when you get into work.
Speaker AHere's where I need to focus to create the most value for the business.
Speaker ABecause I think the number one job of a CEO or a founder or president of an organization is to continually and responsibly increase the value of that organization.
Speaker AThat's it.
Speaker AAnd by proxy, the entire leadership team should be doing that collectively, together.
Speaker EThat's their goal.
Speaker AAnd their job is to align every one of the non supervisory team members to that goal as well.
Speaker ADoing the best work.
Speaker AThat's how I think about creating value.
Speaker AWe can get into that.
Speaker ABut I look at value as material, emotional and spiritual.
Speaker AAnd I've always run all my companies that way.
Speaker AMoney's super important.
Speaker AEverybody gets it.
Speaker AEmotional energy value is the X factor for leaders.
Speaker AWe create the environment from which everyone creates value.
Speaker AAnd then the spiritual value creation bucket is about connectedness.
Speaker ASo what are we doing to make sure employees are strengthening relationships?
Speaker ABeing more connected with our customers, their counterparts over there with our suppliers, the communities that we touch.
Speaker AThe more we lean into that connectedness bucket, that spiritual value creation bucket, the faster the companies grow and absolutely higher the multiples we sell.
Speaker AYeah, yeah.
Speaker CI mean, you get momentum going because everybody, you know, again, I'll use the racing rowing boat.
Speaker CTo me, I look at the leader as, first off, you got a team that has a single or not two, one.
Speaker CSo you got to get everybody in sync onto the mission, know what the objectives are, and then getting everybody to row together.
Speaker CAnd more importantly, they're rolling backwards.
Speaker CIf you're familiar with the racing rolling team, they're rowing backwards.
Speaker CSo they got to trust the guy up front to keep them on direction of what's going on and everything else.
Speaker CAnd that's where a leader really needs to step up.
Speaker CAnd as you say, is, you know, empower that team.
Speaker CBecause a lot of times, and I've seen it, and I'm sure you have too, stepping into diverse companies, you know, the front line is not treated like the most important asset in the company.
Speaker CThey're the customer support people.
Speaker CBut the reality is that's the front line to the customers, the suppliers, the distributors, complementary businesses.
Speaker CThat's your most important asset.
Speaker CYeah.
Speaker AAnd again, every business is different.
Speaker ABut I've always thought of, especially my companies that have had a lot of employees, the frontline team members are the ones that are collectively creating the most value.
Speaker AAnd so when you see everybody rowing together, same goals, they understand all this stuff.
Speaker ALike, we can use that language in business.
Speaker AThey still don't really fully get it.
Speaker ASo what I do with my leadership development work at ETW is I sync every leader up with helping increase the value of the business.
Speaker ASo having a goal and a target and everybody going in a direction, I still think we need to fully connect the dots to the end.
Speaker AThe reason we're doing this is to increase the value of the business.
Speaker AAnd this is why it is good for all the stakeholders, especially the internal team members, like, rather than just goals and that direction.
Speaker AAnd isn't this amazing?
Speaker AWe're talking about concepts, we're not fully connecting the dots.
Speaker DRight.
Speaker AEmployee engagement and all.
Speaker AThis, you keep saying that over and over again.
Speaker AHow are you actually using it to increase the value the business Once you start doing that, it doesn't take very long to get people in the groove of doing it and out of the again making a half joke about it.
Speaker ABut out of this business virtue signaling.
Speaker CLanguage model because everybody's got is emotionally connected.
Speaker CEverybody's into the equation of where the visions are and they have ownership of their responsibilities.
Speaker CThey're empowered.
Speaker CSo you get a team that's empowered for one with a mission of creating more value for the company.
Speaker CThey look at things differently, they handle things differently.
Speaker COne of my quotes in my book Creating business Superfans is people will crawl through broken glass for appreciation, recognition.
Speaker CAnd unfortunately it's not given enough.
Speaker CAnd I think that once you do that, and more importantly, it's one thing to say, hey, Lee, really appreciate the great effort that you did on that particular project versus hey, I want to take a moment everybody to recognize Lee for going above and beyond that project.
Speaker CYou feel like a rock star.
Speaker CEverybody else sees that you appreciate the extra effort.
Speaker CEverybody levels up.
Speaker FLet's take a quick pause to thank our sponsor.
Speaker FThis episode is brought to you by our friends at Ninja Prospecting, the outreach team that makes cold connections feel warm.
Speaker DHere's the deal.
Speaker FMost service business owners are drowning in spammy DMs and cookie cutter LinkedIn messages that never get a response.
Speaker FSound familiar?
Speaker FNinja Prospecting flips that script.
Speaker FThey craft human first outreach that actually sounds like you and more importantly, gets results.
Speaker FNo bots, no fluff, just real conversations that open doors.
Speaker FIf you want to stop wasting time on dead end messages and start filling your pipeline with qualified leads, talk to my friend Adam Packard and his team.
Speaker FHead over to ninjaprospecting.com to schedule chat today and be sure to mention you heard about it right here on the business super fans, the service provider's edge.
Speaker FAnd hey, if you're the kind of person who likes to get started right away, you can join their free community at school.
Speaker FS K-O-O-L.com Ninja Prospecting 7704 it's packed with tips to maximize your connections and start making the right new ones.
Speaker FAll right, let's get back to our conversation.
Speaker AYeah, well, for sure, I think we should be acknowledging and I think there's a ton of power in that.
Speaker AI agree with you what we're acknowledging.
Speaker AI think we can take that even to another level.
Speaker AAnd I think it feels amazing to be on a winning team, like accomplish challenging things.
Speaker ASelf esteem, all of that internal fulfillment starts to climb.
Speaker AAnd so I wrote a book titled your most important number.
Speaker AAnd there's something I call the mind management systems M I n d Most important number and drivers.
Speaker AAnd it's about getting every single team in the organization fully aligned to the value they were designed to create and doing their best work to actually create it.
Speaker AAnd this most important number you have one, for the overall organization that does two things.
Speaker AIt's reflective of the value of the business.
Speaker AAnd two, it will drive the majority.
Speaker EOf the right behaviors.
Speaker ABecause you can have numbers that sound pretty good, but if you make a list of we all drive this number, what are behaviors that it will drive that will help the organization, and what's the list of behaviors that could be.
Speaker EHarmful to the organization?
Speaker ASo we want the one that drives the majority of them.
Speaker EMost helpful behaviors.
Speaker ABut as you go through all the different teams in the company, whether there's three additional teams, one additional team, a thousand additional team, it doesn't matter.
Speaker AEvery team has one number that above all others describes the value that we're designed to create and will drive the.
Speaker EMajority of the right behaviors.
Speaker AAnd so when you have a team that's locked in, you've got this number.
Speaker ALet's just say it's cash flow.
Speaker AWe're starting here, we want to go there over the next 12 months and here's what it's going to look like.
Speaker AWe want to be at or above plan on cash flow, and we're doing our best work to make that happen.
Speaker EIf it's hr, it's different.
Speaker AIf it's engineering or quality or operations or sales, marketing, they all have different numbers.
Speaker ABut we want the whole team around that.
Speaker AAnd when we accomplish challenging things because we're working together really well to increase the value of the business, that feels great.
Speaker AAnd I like creating an environment where every single team member, supervisory or non supervisory, they're acting like the CEO of their own role inside the business doing this.
Speaker AAnd so once that foundation is in place and we're really knocking it out of the park and we're objectively seeing who's winning, who's losing, who we need to help and who we need to learn from, the recognition becomes three times more powerful.
Speaker EWhen that.
Speaker ADoes that make sense?
Speaker COh, absolutely.
Speaker CA couple years ago, I stepped in as a general manager for a organization here in Mesa, and the company had been in business for 30 years and was basically a little below a million, 1.2 million up and down.
Speaker CAnd it was kind of a lifestyle business.
Speaker CThe goal Was they were going to retire and I was going to run the company and they were going to go travel the world.
Speaker CUnfortunately, he had a heart attack and passed away.
Speaker CI took it over and there was a lot of turnover.
Speaker CEvery 90 days somebody was quitting because of the management style that they were doing.
Speaker CAnd I took it over and started.
Speaker ATo set up goals.
Speaker CHere's our objectives.
Speaker CChanging our mindset, changing the way we looked at the company completely.
Speaker CAnd these were simple things.
Speaker CBut for this type of a company, it was very important.
Speaker CAnd I started empowering people.
Speaker CSomething I had learned in Dale Carnegie management stuff is you created.
Speaker CI got everybody to create their own job description and what they deemed would be successful for doing their particular job.
Speaker CAnd my job was to, once we agreed upon the metrics, was to keep them accountable for what they said that they were going to accomplish.
Speaker CAnd collectively, we scaled that company in 12 months by about a million dollars because of the fact that we completely changed our mindset.
Speaker CWe started.
Speaker CI didn't call it values at the time, but I'd really like your term.
Speaker CBut we set up milestones that we wanted to accomplish and got everybody onto the same direction.
Speaker CAnd then we started recognizing when we hit a certain threshold, you know, we threw a little lunch in and celebrated because you gotta celebrate those W's to keep that momentum going.
Speaker AYeah, I love it.
Speaker AMy goal, when I work with clients, I've got etw, which stands for Execute to Win.
Speaker AThere's a lot of things that we do there.
Speaker AWe invest in companies.
Speaker AWe've got quite a bit out that way.
Speaker AIt's our own private fund.
Speaker AIt's basically my money doing that.
Speaker AI run CEO mastermind groups.
Speaker AI've got three full groups that I lead.
Speaker AI've been doing the three of them for about three years.
Speaker ABut before that, I've been in lots of groups since the mid-90s.
Speaker AI just wanted a better evergreen format focused on increasing the value of everybody's business.
Speaker AWe also have a platform and a DIY mind management system.
Speaker ASo companies sign up quite regularly to start doing this, and they get all the tools and everything around it.
Speaker ABut all of it's designed to help companies intentionally increase their value.
Speaker AAnd I think the ultimate state that we're all looking for with our businesses.
Speaker AAnd I'm currently CEO of two different companies.
Speaker AOne is etw, the other one is called Dinner Table.
Speaker AAnd I think the ultimate situation we want to be in is that we reach this level where we're continually and responsibly increasing the value of the business because of how everything is set up.
Speaker AAnd when I work with companies, I basically take them through and I still stay on the front lines like I am wicked busy.
Speaker ABut I'm always going to have two or three companies I'm working with directly to keep doing this.
Speaker ASo I know what's relevant every single day.
Speaker ABut there's four stages when I work with these companies to get them from just getting started with it all the way to this continually increasing the value of the business.
Speaker AAnd I think about as like, clarity, alignment, structure and culture.
Speaker ASo the clarity piece, when you sit down with a senior team, again, it's easy to say goals and objectives and strategy.
Speaker AWait a minute, what are we really trying to do?
Speaker AGetting agreement that the number one job of the CEO and by proxy the leadership team's job is to continually increase the value of the business is huge.
Speaker ALike, why are you coming to these meetings?
Speaker AWhat are you doing?
Speaker AThere's no plan, right?
Speaker AMost of the time.
Speaker AAnd what's cool, the businesses are doing fine most of the time and some well, but they can do so much better than they do.
Speaker AAnd then we look at it and say, okay, if we look at the value creation flow, from awareness to ongoing customer experience and all the support, let's objectively rank that and see where the bottlenecks are.
Speaker AGreat, we know where to focus now.
Speaker ALet's set a few strategic initiatives, like, what are the two, three or four things that we really have to get done to move the needle and build our foundational readiness for growth so we can go for it.
Speaker ASo that first sort of clarity, why we're here, what we're doing, what we're going to do, that's that first stage.
Speaker AAnd then alignment, you're taking it out a little bit further.
Speaker AAnd this applies to startups, to the biggest companies I work with, around $100 billion, market cap, it doesn't matter.
Speaker AIt's just scale, more zeros, more people.
Speaker ABut even the largest companies are just collections of teams.
Speaker AYou take it to the next level and you establish these most important numbers, you establish goals for all of those.
Speaker AYou get the right operational meeting cadence going.
Speaker AAll of this I talk about in my book, your most important number, but it's just about building this all the way out.
Speaker AAnd I've got culture towards the end, we've got structure and how things are laid out, but culture towards the end, because I think order really matters.
Speaker AWe might be doing a little bit of work building in that direction out of the gate, but I really dig into it at the end because a lot of companies say, hey, things aren't right.
Speaker ALet's bring in an expert, give them a bunch of money to do a culture exercise.
Speaker AAnd you walk in the conference room.
Speaker EAnd there's stickies everywhere.
Speaker AThe employees are like, what the hell is this?
Speaker AAnd I think everything we do as a company should be done to intentionally make us measurably better.
Speaker CAt least key word right there.
Speaker CIntentional.
Speaker AYeah.
Speaker AWith that intent.
Speaker ASo if we're going to do culture or leadership development, I want to know how we expect it to make the company measurably better before we even start going down that road.
Speaker AGoal when it comes to culture is to connect culture to creating value, increasing your business's value.
Speaker ASo how is that going to work and going through it?
Speaker AWe can't do that until everybody's fully aligned on the main direction.
Speaker ALet's say we want to go from, hey, we're worth 5 million this year, we're going to be worth 15 million at the end of next year.
Speaker AAnd that's not uncommon for the companies I work with to take those big of a jumps.
Speaker ABut if we don't have the structure and the roles defined and everybody knows where to lock in, how are we going to apply cultural alignment tools to increasing the value of the business?
Speaker ARight.
Speaker CIf nobody's a.
Speaker CIt goes back to my robo racing robo.
Speaker CIf nobody's in line with division and bought in, doesn't matter, it's irrelevant.
Speaker AWhat's the culture exercise going to do and the trust fall exercises and all the other stuff.
Speaker AAgain, making a joke there.
Speaker ABut order really matters.
Speaker ABut there's so much I'm calling a business virtue signaling out there.
Speaker AOh, you need to have this culture consultant come in or somebody getting you to.
Speaker AEverybody needs to trust faster and do all of that.
Speaker ALike all this stuff is there.
Speaker ASo let's start there before we're even aligned on the value that this company was designed to create.
Speaker CCan you share a story, Lee, of where you walked into a company and they were in a little bit of a chaotic situation and you kind of straightened them out and what was the result?
Speaker CAnd how did they become super fans of the work that you did and promoted you to other businesses that could use the services that you provide?
Speaker AYeah, I have a lot of examples.
Speaker AI never.
Speaker ANow usually the only way I describe a company as a hot mess or chaos is when there's bad acting going on.
Speaker ABut when that's not going on, I just look at it and say, okay, you're at this level of creating value.
Speaker ENow let's Organize it so faster.
Speaker AAnd one, a few years ago was a virtual staffing company.
Speaker EI got involved.
Speaker AThey had 67 virtual staff members that were placed.
Speaker AAnd six months later, we just organized the work that I've been describing here.
Speaker ASix months later we had 350 placed.
Speaker A20 months later they had over 2,000 placed.
Speaker AAnd so if you put in perspective.
Speaker EWhen I got started with them, before it was all being cleaned up was 67.
Speaker ESix months later we did a valuation, $1.7 million valuation.
Speaker E20 months later, $48.6 million valuation.
Speaker AAnd it was just simply cleaning it.
Speaker EUp and going through this.
Speaker EOne of the individuals left the company and started his own business and said, hey, I want to do this too.
Speaker ESo he's just gotten started and only a few months in.
Speaker AAnd I think there are about 100.
Speaker EVirtual staff members and it'll be the same thing.
Speaker EI think it'll even be better.
Speaker AThe other company's doing fine, and I.
Speaker EThink this one could even be better.
Speaker ASo that's interesting how it all kind of spreads out.
Speaker EOther clients, supplies and nonprofits.
Speaker EHad one here in Phoenix.
Speaker ENever raised more than just under $2 million in donations for impact they want to have.
Speaker AAnd we got involved at the end.
Speaker EOf the next year it was 4 million, then it was 8 million, then it was 20 million.
Speaker AAnd it kept climbing.
Speaker EAnd then that person left to go work with a friend, a CEO running that nonprofit.
Speaker EAnd then he said, I really want to.
Speaker EI really want a business.
Speaker EAnd he actually happened to be in one of my CEO mastermind groups.
Speaker ASo we helped him buy a construction company.
Speaker EAnd so we're just going through cleaning all that up.
Speaker AAnd the company was doing fine.
Speaker ABut like a lot of small companies.
Speaker EThey build houses of cards based on tribal malware.
Speaker EThere's no set processes or anything really in place.
Speaker EAnd if Mary leaves, then all this falls apart.
Speaker ESo cleaning all that up.
Speaker EAnd we put a sort of a slogan in here directionally with all the team members, we implemented all hands meetings and and 3x in three years.
Speaker ESo we're going to take this 50, $60 million small construction company and we're going to shoot for 180 million and 3x plus the it to increase the value of the business.
Speaker E3x in three years.
Speaker EI don't see any issues being able to accomplish that.
Speaker EAnd then that leads to other people watching what's going on.
Speaker EWell, I had one last week.
Speaker EJoin.
Speaker EI've only got two spots left in my three groups.
Speaker EI'm just too packed at another group.
Speaker EEach group six is full Eight is the max because every two months I want to be able to do a deep dive on everybody's business to keep us on track.
Speaker AAll of these interactions, when we lean.
Speaker EIn as service partners and we really get great results, that's all I care about.
Speaker EOur mission is increasing the value of our clients business.
Speaker EThat's all we do at etw.
Speaker EOn the consulting side of it, when.
Speaker AYou do that, others are watching it.
Speaker EAnd they want to be part of it.
Speaker DYeah.
Speaker CAnd the people that you worked with, I call them, you know, they become your super fans because they're the ones that are going out and sharing the success that they experience, working through your mentoring programs and your mastermind and stuff like that.
Speaker CAnd you can't buy that kind of PR because now that person is out there and that shortcuts it.
Speaker COh, you need to talk to my friend Lee.
Speaker CAnd that's.
Speaker CThat key word is friend.
Speaker CIt's no longer oh yeah, you need to talk to my business coach.
Speaker CNo, it's actually my friend.
Speaker CAnd that's how that dynamic changes.
Speaker CAnd so you're now creating your own sales team of those people have gone through your programs promoting you and that starts to get the machine rolling and propelling and they're happy to do it.
Speaker DYeah.
Speaker ASo let me set this up a little bit.
Speaker AIt's going to be a question for you because I 100% agree what you're talking about there.
Speaker AI think more than ever it's about the trusted relationship network that we have and the value that we're giving, getting, and it's mutually beneficial all the way through.
Speaker ASo I have a podcast titled show youw Value.
Speaker AAnd I just interviewed yesterday, a gentleman, Ken Schmidt, who came into Harley Davidson.
Speaker EWas a big part of turning that around.
Speaker AAnd when he came into it, they had quality reliability issues.
Speaker AThey were on the edge of bankruptcy.
Speaker AAnd then you start looking at what do we have that we can leverage.
Speaker AAnd when you think about Hardley, it's the only company in the world I know where a lot of the buyers of the product tattoo their logo on.
Speaker CThose are die hard super fans.
Speaker AYet they weren't leveraging it.
Speaker AThe question is, that was so obvious, but it wasn't being leveraged.
Speaker AThey thought the answer was we'll just build a better bike and then somehow that'll fix everything.
Speaker AI think having super high quality, reliable stuff and all that, just barely a ticket to play.
Speaker AIt's about building community.
Speaker ASo what's your advice for companies identifying the things they have to leverage that they didn't even realize My guess is.
Speaker CIt'S all, yeah, well, you bring up an important part because you just like Harley Davidson.
Speaker CLook at Apple.
Speaker CApple sells a lifestyle.
Speaker CAnd that's really what they're doing.
Speaker CIt's not the technology.
Speaker CI mean, we can argue up and down, left and right, whether, you know, Windows or Apple and blah, blah, blah.
Speaker CThe bottom line is Apple sells a lifestyle, Harley Davidson sells a lifestyle.
Speaker CAnd so when you can connect people emotionally to what is happening, that's how you create those super fans that will line up to buy the product.
Speaker CIt's the same thing with the rock band.
Speaker CRock band gets super fans where they will buy the.
Speaker CSoon as that album is out.
Speaker CBack in the old days, you know, people would line up at the record store to buy them.
Speaker CIt's the same thing with the sports team.
Speaker CYou know, they create their super fans.
Speaker CIt's the fact that they belong to something and they support something.
Speaker CSo I think once a company can create that level of engagement to where people get emotionally connected, and that's going to be the key word there is emotionally connected to the mission.
Speaker CIt takes off by itself.
Speaker AYeah.
Speaker AWe're not trying to set up brand loyalty in the normal sense.
Speaker AI think what we're vying for is emotional loyalty.
Speaker CCorrect.
Speaker CThere you go.
Speaker AAnd I've heard this over and over.
Speaker AI was just at a business conference in Austin.
Speaker AThere were 500 chief executives there.
Speaker AIt's a CEO conference, and probably 65, 70% were actually CEOs of varying size companies.
Speaker AAnd I'm listening to one talk, and here's three people, the president and a couple of senior leaders from an architectural firm, about 200 employees.
Speaker AAnd they said, hey, our biggest challenge is with just finding good people.
Speaker AWe just don't have that sexy of a business.
Speaker AAnd so, like, who's really going to want to work here?
Speaker ALike, oh, my gosh, what a limiting belief that is.
Speaker AI'm thinking you're designing these amazing buildings that are creating so much value with the teams that go in there and the things that they do.
Speaker AYou don't have to be Harley Davidson and your customers are tattooing your logo all over their bodies.
Speaker AAll of us can build that emotional loyalty around what's going.
Speaker ABecause it's people dealing with people, right?
Speaker DSure.
Speaker CWell, I got one guest on my show episodes back talked about they worked with hospital people and changing their mindset in a hospital.
Speaker CAnd they had asked a janitor, you know, what was his role?
Speaker CAnd the answer was their job was to assist the medical professionals, save lives by keeping the rooms clean.
Speaker CSo that the patients wouldn't get any infections.
Speaker CTalk about a mindset.
Speaker CShift complete.
Speaker CHe's not a janitor.
Speaker CHe's saving lives because he's helping make sure that the rooms are clean so that the doctors can operate so the patient.
Speaker CThat's the magic right there.
Speaker AAnd that's a good point.
Speaker AI think every company can do that for every position.
Speaker AI've always thought of the receptionist when I've had those in different businesses.
Speaker AYou're the ambassador of first impressions.
Speaker CSomebody else called that exactly.
Speaker CFunny you bring that up, because that is absolutely correct.
Speaker AAnd the janitorial maintenance staff, they're ambassadors of second impressions.
Speaker AIf they get past the front desk, they're walking through the facility.
Speaker AAnd all of the roles, they're all creating value.
Speaker AAnd the more we can align that and make it.
Speaker AI don't want to say something cute to sound meaningful.
Speaker AI want to create the right environment to where it just happens.
Speaker ARight.
Speaker AIt releases that intrinsic motivation from team members.
Speaker AIf they're on the bus.
Speaker AWe're all working together.
Speaker AWe're on this developmental journey.
Speaker ALet's go for it.
Speaker ALet's create as much value as can.
Speaker AAnd some people go really fast.
Speaker ASome people go really slow.
Speaker AI always tell my team members, I've told them over the years that as of right now, I guess I'm on my 45th year of my overnight success story, and I'm feeling like I'm barely getting started.
Speaker AI'm having so much fun.
Speaker AI tell them, hey, some of you can do it in less than half the time it took me to do what I've done.
Speaker AIf the financial piece is important, one of my eight companies I sold for well into nine figures.
Speaker AI sold two others one for eight figures.
Speaker AAnd others of you are on track to do it in 300 years.
Speaker ALike, it's really up to you if you want to do that.
Speaker ABut I really like creating value holistically, which is the material, the emotional and connectedness or spiritual.
Speaker AAnd so I'm doing it in for profits and nonprofits of all sizes.
Speaker AAnd then the second company that I'm CEO of called Dinner Table and you can get there@dinnertable.com, it's about building a community of families, raising kids that create value in the world.
Speaker AAnd we have over 40,000 parents in our dinner table family community from 67 countries.
Speaker AIt's really cool.
Speaker AAnd we have a community platform and we're getting more and more partners coming on board that have their partitioned off sub communities in there.
Speaker AK12 schools are really good where the Families of the students are part of this.
Speaker AAnd I believe the purpose of an education is to create value in the world.
Speaker AAnd I also believe that every single family would love to intentionally create value in a more effective way and a family balance sheet.
Speaker AFor me, you've got the material piece so you want to what's the goal for the family but also for the kids?
Speaker AYou want to increase your net worth 5%, 10%, 20% over the next year.
Speaker AAnd then when you look at the emotional and spiritual value creation buckets is leading.
Speaker AParticipating or not participating in efforts to improve emotionally what it feels like to be in the family and spiritually what it feels like to be connected to the family appropriately, to communities, a higher power, whatever's important to each family.
Speaker AAnd then you just have this list and foundationally in there, what's the monthly family meeting you have where you refine.
Speaker EYour family goals, you review everybody's job.
Speaker AFor the family, you review what it means to be a leader in the family.
Speaker AAnd oh by the way, every one of the kids can be a leader in the family.
Speaker AAnd just having that conversation and having them participate in what those characteristics look like, it's incredible.
Speaker AAnd then the same thing with each kid.
Speaker AAnd I do this even with my sister's grandkids, four of them.
Speaker AOnce a month we get together individually and with a six year old who just turned seven last weekend, this is a 10 or 15 minute meeting with a 16 year old.
Speaker AIt's about an hour meeting, but we're going through her goals, her job for the family, what it means to be a leader and her balance sheet and wow, is it cool.
Speaker AAnd it's so effective with so many different families.
Speaker CYou're preparing them for life.
Speaker CI mean it's really the important part is you're really helping those individuals step into life prepared versus wow, I'm here now what do I do?
Speaker CSo they have a purpose, they have confidence in themselves.
Speaker CAnd so those are some great things that you're doing.
Speaker CLet's go back to the book a little bit and let's talk about your book.
Speaker DOkay.
Speaker AThe reason I wrote your most important number is just to outline things that I've used that have been really successful.
Speaker AA refined operating methodology that took me a couple of decades to really refine and keep everybody focused on what's most important.
Speaker AAnd there's a lot of operating methodologies out there.
Speaker AI'm sure you've heard of EOS, there's OKRs, there's GX or scaling up.
Speaker AThere's all of it.
Speaker AAnd What I find in most systems out there that are popular, there are thousands of other systems designed by individual consultants and large consulting firms is that especially the popular ones, teams get caught up in doing the elements of the operating system, I. E. Making process more important than what is most important.
Speaker AAnd in the mind management system, we never take our eye off what's most important, which is creating more and more value with each team so we can collectively increase the value of the business.
Speaker AAnd that's really what it's all about.
Speaker AI go through my larger aerospace company as a case study.
Speaker AI even had in 2011, Jack Welch.
Speaker AActually before that, 2008, he saw what I was doing at Able Aerospace and he told me, this is the best.
Speaker EBusiness management system I've ever seen.
Speaker AAnd in 2011 he became my partner at ETW and became also a very good friend before he passed a few years ago.
Speaker AI still stay in touch with his wife Susie, just on the same journey.
Speaker AHow do we get companies to create more and more value?
Speaker AAnd I think like all of us.
Speaker EHe evolved a lot over the years.
Speaker EAnd how we thought about it like.
Speaker AThe numbers are really important, but how we make the numbers really matters.
Speaker EYou want to sustain this for the long haul.
Speaker AThat's really what this is.
Speaker AHow do we keep everybody focused on creating value and collectively increasing the value of a business?
Speaker EAnd that's what the mind management system is all about.
Speaker AAnd I do have another book that'll be coming out probably April next year on leadership and how to assess the strengths of an organization and match that to leadership development.
Speaker ASo we're doing surgical leadership development with every leader where they need to develop.
Speaker EThe most value in the business that they work for.
Speaker AWe're doing that work now.
Speaker AAnd now that I've got quite a.
Speaker EFew years of doing this, I'm going to summarize it in a book to make it easy for more people to DIY it.
Speaker DYeah.
Speaker CBecause you know, I have told people that you can get 20 years of experience in a week by just buying a book and reading it.
Speaker CAnd I too am working on my next book which is going to be much more story based.
Speaker CSo I've got some quite interesting adventures that I've gone through and I'll be sharing those and then tying those into how they apply into business.
Speaker CSo.
Speaker CAnd that's same thing.
Speaker CLooking to Q1 of 26, I'm looking to have that released.
Speaker AThat's great.
Speaker ABy the end of this year I'll have another book out called Value Creation Family and it outlines all this stuff.
Speaker EAnd so much more that I talk to you about there.
Speaker CWe got a couple more minutes.
Speaker CYou want to talk about that book?
Speaker AYeah, it's really about how do we intentionally create value as a family and then how do we lean into being part of a community of families that are intentionally raising kids that create value in the world?
Speaker AThe way I got the idea around this, and it probably started 10 years ago.
Speaker AI've been in involved in K12 education in Arizona for a while and the primary non profit was called A for Arizona.
Speaker AThere was a 1.0 version, a 2.0 version.
Speaker AI put probably a couple million dollars of my own money into it.
Speaker AWe raised over a hundred million additional dollars and we had transportation programs.
Speaker AIf you lived in a rural area, your low income family, you only had one option.
Speaker ABut we helped them have an option to go to.
Speaker ACould be a failing school as their option.
Speaker ANow you can get to five or six schools so you can pick a better school.
Speaker ABut what I realized is every time we went to the state legislature to push for legislation to improve conditions for the kids, it was almost always adults fighting over money.
Speaker AIt was never about the kids.
Speaker AAnd so I thought, you know what, we have to come up with a way to come in from outside the system.
Speaker ASo what if we build communities of families raising kids that create value in the world?
Speaker ABecause again, that is the purpose of an education, to create value in the world, not go through a conveyor belt system and come out the other side with hundreds of thousands of dollars in debt.
Speaker ABut I think what's different about this work is we're creating this foundational culture of creating value within families.
Speaker AWhereas everybody else, in my opinion, there's a few exceptions out there, but everybody else, in my opinion, they're just giving little tools saying, oh, kids are just financially literate, it'll change the world.
Speaker AWell, even if you are good with money, it doesn't mean you're going to be a good person.
Speaker AAnd I think one of the biggest deficits on the planet, and I think the biggest deficit is having enough leaders that are both capable and moral.
Speaker AAnd you can see that manifesting as.
Speaker EProblems everywhere in government, business.
Speaker AIt's all over the place.
Speaker AI don't want to change.
Speaker AThis is really what it's about, doing it more intentionally as a family when it comes to creating value, interacting with other families, sharing in all that practical family wisdom, to let it rip.
Speaker AI've got five, six communities that I lead myself four in person to online.
Speaker AI just consolidated four into two online.
Speaker AAnd then I've got coaches popping up all over the planet that have their own communities that they lead.
Speaker AAnd whenever we meet, it's so amazing how the members share their practical wisdom.
Speaker ASome are having challenges, but all of them have dealt with something in a more effective way than the others have.
Speaker ASo the book is based on all of that work and I feel like it's in a lot of ways the.
Speaker EMost important work that I'm doing right now.
Speaker AFreddie sure it has.
Speaker CWell, as we wrap up here, because I know you've got the time crunch, so I want to respect that great conversation that you and I had and I'm sure you and I could talk about this for at least another five minutes.
Speaker CThank you so much for your time.
Speaker CWe'd love to have you on the show down the road again, Lee.
Speaker AMy pleasure.
Speaker AHappy to do that.
Speaker DGreat conversation with Lee today.
Speaker DOne key takeaway is this Real growth doesn't come from working harder.
Speaker DIt comes from intentionally creating value.
Speaker DValue for your customers, your team and your business with leaders align people around clear purpose and measurable impact.
Speaker DMomentum follows and that's how service based businesses scale sustainably.
Speaker DIf this episode brought you value, I'd really appreciate if you left a quick 5 star review.
Speaker DIt helps other service based business owners discover the show.
Speaker DAnd before you go, join the Entrepreneur Prosperity Hub on School.
Speaker DIt's free to join and get your free Service Provider Prosperity playbook at school.
Speaker DS K-O-O L.com eProsperity Hub Insider Tools, weekly growth plays and live virtual networking events that help you connect, collaborate and build a business that runs smoothly, predictably and profitably.
Speaker CThanks for tuning in today.
Speaker DI'm grateful you're part of the Business Superfans movement.
Speaker DEvery listen and every action brings you closer to building your own superfans.
Speaker DBe sure to subscribe to the show.
Speaker DWe've got another great guest coming up.
Speaker DFocus on what really moves the needle.
Speaker DI'll talk to you in the next episode.
Speaker DRemember, one action, one stakeholder, one Superfan Closer to Lasting Prosperity.
Speaker BWe hope you took away some useful knowledge from today's episode of the Business Superfans Podcast.
Speaker BJoin us on the next episode as we continue guiding you on your journey to achieve flourishing success in business.