Randy Cantrell

Randy Cantrell is the founder of Bula Network, LLC - an executive leadership advisory company helping leaders leverage the power of others through peer advantage, online peer advisory groups. Interested in joining us? Visit ThePeerAdvantage.com

Helping People Find Smarter Rooms: The Power Of Peers (300)

Let’s start with a press release that came out on Tuesday, July 16, 2019. It could be found at Yahoo! Finance, among other places. Since this is a podcast permit me to share it with you. It’s not terribly long.

Leo Bottary Announces the Launch of Peernovation

July 16, 2019

New company will help business leaders learn from one another more effectively and develop higher performing teams in the workplace

After a decade of research, two books, and the successful completion of more than 100 peer group self-assessment workshops for business leaders in North America and EuropeLeo Bottary has announced the launch of Peernovation, LLC. Leveraging Bottary’s work in group dynamics, Peernovation will address two major challenges for companies today: 1) The lack of ROI for employee learning and development programs; and, 2) the problem of alignment and employee engagement when implementing strategic initiatives. Bottary, who will serve as managing partner, will be joined by peer advantage group facilitator and podcaster, Randy Cantrell.  Cantrell will lead online mastermind groups for start-ups and scale-ups, utilizing an exciting purpose-built scalable peer learning platform called Circles.<

“We learn and work better when we do it together,” Bottary said.  “My work with peer groups over the past 10 years has shown time and time again that when great people bring their ‘A games’ to a properly run group, there’s no challenge too big or opportunity too daunting.  This includes receiving real ROI from the *$360 billion organizations spent on learning and development in 2018 and improving on the paltry **10% success rate associated with the successful implementation of organizational strategic initiatives.  Peers and innovation are hand in glove.

“Peernovation will also assist organizations that assemble and facilitate peer groups for business leaders by helping members maximize their collaborative experiences to achieve more impactful outcomes.  Bottary added, “When business leaders participate in high performing peer groups, they tend to be more adept at understanding the power of peers and creating more collaborative environments at their companies.”

Leo Bottary is a sought-after thought leader on peer advantage, an emerging discipline dedicated to strategically engaging peers to realize your business and life goals. A popular author, keynote speaker and workshop facilitator, he also serves as an adjunct professor for Rutgers University.  Bottary’s first book, which he coauthored with former Vistage CEO Leon Shapiro, is titled The Power of Peers: How the Company You Keep Drives Leadership Growth & Success (2016).  His latest book, What Anyone Can Do: How Surrounding Yourself with the Right People Will Drive Change, Opportunity, and Personal Growthwas released in September, 2018.

Randy Cantrell leverages over two decades of CEO experience into coaching and advising CEOs and entrepreneurs. A longtime podcaster, he is also launching peer advisory groups serving small business owners at ThePeerAdvantage.com.

https://trainingindustry.com/wiki/leadership/the-leadership-training-market/

** https://www.inc.com/maya-hu-chan/90-percent-of-companies-fail-to-do-this.html


 

I’m now a few weeks away from launching the first group of The Peer Advantage by Bula Network.

Lessons in Reinvention

The trifecta of business building is always in play for commercial enterprises:

  1. Getting new customers
  2. Serving existing customers better
  3. Not going crazy in the process

Non-profit enterprises, including city governments, have a slight different trifecta they’re aiming to hit. Depending on the organization the first two can be pretty interchangeable.

  1. Provide extraordinary value
  2. Get and manage funding
  3. Not going crazy in the process

For the past years since leaving the C-Suite, I’ve devoted myself first to consulting, which quickly morphed into coaching. Consulting is mostly “I do it for you” while coaching is “let me help you figure out how to best do it yourself.” I hated consulting. I’ve loved coaching.

Four years or so ago my life changed. I was introduced to something I had never experienced. Fact is, I had limited exposure to it. Vistage is responsible for the insight and I’ll always be thankful to them for the formal introduction. A recruiter reached out to me to see if I’d be interested in becoming a Vistage Chair, facilitating CEO peer groups here in the Dallas/Ft. Worth area. A local Vistage Chair, Ed Burke, had nominated me. Thanks, Ed! If you’re a CEO in the Dallas/Ft. Worth area and interested in joining Vistage, connect with Ed. Tell him I sent you.

I knew Ed left his own CEO role and had become a Vistage Chair, but I didn’t know what that meant. Or even what it was. But when the recruiter contacted me I decided to dive in to learn more.

Eventually, I found myself flying to San Diego to attend a week-long training/vetting session. It was interesting, if not sometimes intimidating. I’d never experienced group stuff much. Team stuff? You bet. I’ve spent my life assembling and leading teams.

A team exists to accomplish a common goal.

A group exists to help each individual person accomplish their own goal.

I was rather fascinated by it all. At this point I was waist deep in executive and leadership coaching. The focus was predominately “soft skills stuff.” As one CEO said to me, “I don’t know why soft skills are so hard.” But for many people, they are. I’m ideally suited for it. Thankfully, it’s a strong suit for me. Don’t ask about my weak suits because this podcast would take way too long if we went down that rabbit hole. 😉

At the end of the week in San Diego Vistage offered me an opportunity and I accepted it. A few months later I attended the second training session, again flying to San Diego (this is all done on your own dime, by the way; Vistage Chairs are self-employed). By the time a number of months had passed a few things were clear to me. One, I wasn’t right for this and two, the timing wasn’t right.

I’m too much of a renegade. I’m a lifelong problem-solver and the fine folks at Vistage may have made a mistake in taking me on. 😀 Truthfully, fit is everything and thankfully I saw it, came to terms with it and respectfully bowed out. Recommending Ed Burke and Vistage proves it was a perfectly happy parting. That was 4 years ago.

I was in love with the whole GROUP thing. The value of others wasn’t new to me, but leveraging it with such intentionality was. I started reading and studying it more. I was convinced I’d be in this space. I had no idea what form it might take. I mostly devoted myself to becoming a student. L.U.G. was in full play. I was LEARNING hoping to increase my UNDERSTANDING so I could grow.

I won’t bore you with all the books I read, but two books caught my attention right away.

The Power Of Peers by Leon Shapiro and Leo Bottary

The Power of Peers by Leon Shapiro and Leo Bottary

Leon was the sitting CEO of Vistage. Leo was a VP at Vistage. I didn’t know either of them at the time.

The Power Of The Other by Dr. Henry Cloud

I’ve been a longtime fan of Dr. Cloud, but don’t know him personally. I have tried repeatedly to get him on a podcast, but so far no luck! Maybe one day.

About the time I left Vistage turns out Leo Bottary had left to begin a career of public speaking on all the research he had done on the power of professional peer groups. Wanting to learn more myself I had an epiphany. Why not connect with Leo to have him teach me what he had spent years learning? So I did. But I wanted to bring him value because he had no clue who I was.

I didn’t see much publicity for the book, The Power Of Peers. I had intentionally looked for interviews with either of the authors. I stumbled across one interview with Leo. As a longtime podcaster, I knew this topic – the power of the collective – had legs. I wanted to help evangelize the opportunity, especially for top-level business leaders. My thought was, “This guy should start a podcast. I can help him do it.”

Fast forward a few months and that’s exactly what happened. Leo named the podcast, The Year Of The Peer. I produced it and served all the behind-the-scenes roles. We started it in January 2017. Charlene Li was the first guest.

Leo was quickly becoming more than a mentor/teacher. We became friends. Life tossed both of us some personal curveballs and we grew confident in sharing, supporting and encouraging each other. We started the podcast to spread the word and engage in meaningful conversations. There was no business plan. We’re both capitalists, but the purpose wasn’t centered on making money.

At some point, Leo realized he had the makings of a new book, based on all these conversations we were having with people. Time and time again people were acknowledging that their performance and accomplishments had been greatly impacted by the influence, support and encouragement of others.

Leo remembered a quote from a running coach and columnist from the ’70s – Joe Henderson – who remarked that champions mostly do the things anyone can do. The difference? They do them when others don’t. Or won’t. That became the working title – and eventually the published title of the book.

Leo graciously invited me to join him to make the conversations on the podcast more robust. Not sure I have fully delivered on that objective, but I was happy to accept. We were putting in lots of time and effort, but again – no business model, no business plan. We were simply devoted to getting the word out about how we can all benefit from being more intentional in who we surround ourselves with.

A year or so ago we started having casual conversations about how we could structure a business offering so we could broaden and deepen the impact we were having. I had long told Leo that I felt ideally wired to lead a group of CEOs or SMB owners. My heart was more bent toward the small business owner. And I didn’t care about the dollar revenue or headcount. I cared about how close the owner was to the work. I was (and still am) attracted to business owners who are flattered by the label, OPERATOR. Leo encouraged me to do it. I began to get my head wrapped around it.

I didn’t want to do a full-day meeting. And I didn’t want to do an “in-person” group. I’ve lived in the Internet age since it began. I’m an odd duck in that I’m tech-savvy and I’ve been producing online content since 1997. Well, to be fair. My odd because I’m old and have those skills. 😉

I wanted to do a virtual group because I know the time constraints of being a true OPERATOR. My lifelong fanatism is on customers! I wasn’t thinking of what I wanted. I was thinking of what my potential customers would NEED. High value provided as efficiently as possible. Thanks to technology, it’s not just possible. It’s easy.

I set about to tease the idea. The Grow Great Daily Brief was my platform where I shared daily snippets of insight, experience and wisdom. I’ve operated businesses since I was in my early 20’s. I was never trying to tell you what to do. I was doing what I love to do most – just trying to provoke you to think more deeply about things so you can figure it out for yourself. I’m here to help.

The podcast was weekly, but I wanted to produce content more regularly and make the episode shorter. The branding was GROW GREAT. Mostly because it was quick, easy to remember and captured what I was trying to do myself and what I wanted to encourage you to do. Grow great!

All the while I was battling what coaches worldwide battle. The first two legs of the trifecta. In my experience, the people most gifted at coaching aren’t necessarily ideally wired to get customers. I’ve got sales DNA but when you’re selling such a personal – and personalized – service it’s not like peddling a product. And I’m NOT transactional in the least! Never have been.

The second leg of the trifecta is where I shine best. It’s hard when you really have to simultaneously have to serve AND then go acquire new clients. No, it’s not hard. It’s exhausting! 😀 For a guy like me. Which means that third leg of the trifecta is so far away you can possibly see how you’ll ever hit that.

I’ve had one foot in the past (and present) and one in the future. One foot was in the traditional executive/leadership coaching I was doing and one foot was in the effort to build the first group of THE PEER ADVANTAGE by Bula Network. Okay, that’s not entirely true. I had both feet and my brain fully committed to THE PEER ADVANTAGE by Bula Network. But I was still juggling the traditional coaching business.

I told Leo that I wanted to lead these groups and limit my coaching ONLY to members of THE PEER ADVANTAGE by Bula Network. But it wasn’t (and isn’t yet) my reality. It will be though.

Such are the grinds of redefining or reinventing yourself or your business. But it’s the exciting opportunity of being a solopreneur. The negative is, there’s no place to hide. And it’s insanely lonely, which is a large driver for the new effort. To help SMB owners overcome or better manage their own loneliness. Every single SMB owner knows the feeling. So when I sit there as the leader of THE PEER ADVANTAGE by Bula Network, I’m part of the group. I’m right there with every other member. I know the struggles, the opportunities, the constraints, and the loneliness.

The Darkness Before The Dawn

Since the beginning of the year, I feel like I’ve been straddling a fence, but knowing which side of the fence I wanted to be on. Just unable to get there fast enough.

SMB owners know the feeling. We have to operate on a patient that can’t be put to sleep. The patient is up and walking around. Late last week I had my once-every-five-years fun. A colonoscopy. They’re not bad. If you don’t have them done with some regularity, I’d encourage you to change your mind. Do it for yourself. Do it for your family. My maternal grandfather died when I was 16 or so. He was only 66. But it was a different time. Real men didn’t go to the doctor. They just died. It wasn’t a good practice to prove manhood.

At any rate, they put you to sleep when you have a colonoscopy. Imagine trying to do such a procedure on a patient that refused to lay down, much less to be put to sleep — and that’ll give you some idea of what we as business people experience when we try to fix a problem or take advantage of an opportunity in our businesses. That’s exactly my problem.

Things had to get dark before I’d willingly walk toward the light. Boy, did I feel like walking toward the light more often than not. 😉

Leo nudged me. That’s what friends are for. “Set a date,” he said. Immediately, I said, “Okay.” Well, I kinda sorta did. I said “first part of August.” That’s okay!

And I hit PAUSE on the Grow Great Daily Brief. I already knew I wanted to refocus the podcast toward the whole peer advantage space. But I was bashful to go for it. I reached out to two podcasting buddies hoping to have them help me. One replied. The other didn’t. And it was fine because I knew what I wanted (and needed) to do. I emailed my buddies these questions that I asked them to help me wrestle with.

a. If this podcast were like a party that I was hosting, who would I most want to attend?

I mostly want to evangelize and promote the high value of leveraging the power of others. I want to be a voice speaking out against the smartest-guy-in-the-room syndrome. Instead, I want to encourage people to learn, understand and grow by enlisting the help from others. It’s all about the power of the collective. I want to attract anybody who is interested in doing this, and finding ways to do it more effectively.

b. If this podcast were like a party that I was hosting, what would I most want the theme to be?

The answer to this is about the same answer I gave to question number one.

c. Who do I most want to work with – translation, who do I most want to attract?

I only want to work with members of THE PEER ADVANTAGE by Bula Network. Yes, I want to attract people who might be interested in seizing that advantage, but I want to attract anybody who wants to take advantage of a peer group. It doesn’t matter if it’s a Vistage group, YPO, EO or any other group. I just want people to consider giving themselves the opportunity.

d. How can I provide the most value to that group of people?

I can promote the work others are doing in the space. There’s PLENTY of opportunities. And my offer isn’t for everybody. I want to bring the insights and experiences of people with all these other peer advisory companies – and individuals – and shine a bright light on them. I want to share what I’ve learned and am still learning in how we can have groups inside our organizations that can help us soar to new levels of achievement. Group learning can apply to all of us who are willing to embrace it. I want to be THE spotlight operator shining the light on it.

e. What content would provide me the most joy and the audience the most value?

The answer to the previous question applies.

f. Where is the gap in the market for these things? Translation: where is my best opportunity?

Other than my work with Leo at our podcast currently titled, WHAT ANYONE CAN DO – I don’t see anybody doing anything. Not consistently in the podcasting space.

g. What do I most want this podcast to be known for?

Simply put, THE PEER ADVANTAGE by Bula Network is the only side of the fence I want to occupy for the rest of my life. This is work centered on legacy and significance. Business advice is a dime a dozen. Really a dime per many dozens. Everybody is an expert. I’ve never played that game. I’m like you. I’m bent on learning, understanding and growing. We both have a lot still to figure out, but we can sure serve each other by sharing what we’ve already figured out. And we can share the context, too. What worked for me may not work for you. But hearing about it might help you. I know hearing your experiences and insights will help me.

Time To Be ReBorn

I make no apologies for being a Christian. The great thing about being a Christian is a fresh start. The common word is “reborn.” Everybody at some point in their life craves a fresh start. But even fresh starts can be scary.

The Grow Great Daily Brief is no more. To be reborn you have to say good-bye to something so you can say hello to something new. That also explains why I’m starting with episode 300. The 300 series is a new iteration of the podcast. Same feed. Same podcast subscription. No need for you to do anything different. Just keep listening (I hope).

The Peer Advantage not only serves the brand banner for the entirety of my work, but it serves to accurately illustrate what I want to preach.

 

Here’s the plan:

Each week I’ll bring you an episode. Daily is great and I enjoyed it, but I want to devote more time the real work. And I simply have to say, “No” so I can say, “Yes.”

I may randomly bring you more than one episode. But I’m going to work hard to bring you one episode weekly with really good, high-value content. I also plan to bring some interviews – something I’ve never done on my solo podcasts before. People who are involved in the peer advisory space, people who are benefiting from being part of a group, people with group learning know-how and whatever else might bring value to those of us interested in how to make groups more powerful and effective in improving higher human performance.

The focus will remain consistent. It’s about the power of others. The power of the collective. That all of us together are way smarter than any single one of us. You can help me with a pithy tagline. Shoot me a message via the contact page with your ideas. For now, I’m using “Helping You Leverage The Power Of Others.”

The Peer Advantage by Bula Network

I’m looking to launch group one within 30 days. I’m still looking diligently for just 7 SMB owners bold, brave and vulnerable enough to see the value. The details are at ThePeerAdvantage.com. If anything I’ve said resonates with you – or you know somebody with whom it might resonate – then please go apply today. The application doesn’t guarantee anything other than a phone call so we can discover together whether this is an ideal fit for both of us.

Don’t worry. The sign off won’t change and the web address won’t either. You’ll still be able to find everything by going to GrowGreat.com.

Now…

Be well. Do good. Grow great!

Randy

Helping People Find Smarter Rooms: The Power Of Peers (300) Read More »

Asking & Answering Tough Questions – Grow Great Daily Brief #241 – July 8, 2019

When I was about 27 I uttered a statement one afternoon while my team was wrestling with some customer service challenges.

“The quality of our questions determines the quality of our business.”

The statement was provoked by our company’s inability to consistently deliver the experience I wanted. Dumb problems were frustrating me. Problems I felt we should easily avoid, but we weren’t avoiding them because we were failing to ask customers the proper questions.

We grabbed a stack of invoices that had problems attached, then we put them through a rigorous post-mortem. We met with each salesperson to review how the conversations went with the customer. And with teammates whose help might have been needed to complete the transaction.

Immediately it was clear what our problem was. We weren’t asking very good questions. The result? We weren’t getting clear enough answers and it was causing us to fail the customer.

That’s when I first uttered the phrase because it seemed so blindingly obvious to me. And to everybody else, too.

We quickly devised a series of questions – better questions – to improve our ability to give customers a consistently extraordinary experience!

Presto! It worked. Amazingly well. With tremendous consistency.

Our customer experience delivery shot up by quantum leaps and was ridiculously predictable. Very soon the exceptions were when we dropped the ball. We had turned things around by asking and answering tough (and even not-so-tough) questions.

I became a lifelong proponent for figuring out better questions to ask. And for deeper courage (if necessary) to answer them.

A few years earlier in my career, I had figured out that the “what if?” questions people were so fond of had a more practical benefit other than to serve as a brain game. This was especially true when asking worst-case-scenario questions.

“What’s the worst thing that can happen?”

Bravery is needed to answer it. Most people don’t answer it. They just ask it.

Rarely will the answer seem so plausibly likely. Sometimes people say, “It could kill me,” but that’s not the literal case. Worst case scenarios are infrequently the worst case. And even if they are, we can likely recover.

Tough questions aren’t about making people intentionally uncomfortable with some show of force, authority or power. They’re about helping us come face to face with clarity. It’s about digging deep enough to find the truth so we can fix a problem or seize an opportunity.

Some of the highest quality questions are personal. They deal with our lives, professionally and personally. 

Be precise and specific.

For example, our quantum leap innovative idea was largely the result of figuring out how we could ask our customers better questions. We hadn’t been asking good questions. We were asking very non-specific questions that wouldn’t help us serve our customers better. Keep in mind the trifecta of business building: getting new customers, serving existing customers better and not going crazy in the process.

Part of our problem involved delivering items to our customers’ homes. Turns out we were asking customers, “Is there anything unusual about your delivery?”

Guess what their answer was 100% of the time.

“No.”

Of course. Nothing seemed unusual to them. It was their home. Never mind there were 100 steps up a 40-degree incline. They were used to it. It wasn’t unusual to them. Besides, who wants to admit there’s something unusual about their situation?

Then when our delivery team arrived and looked up at those 100 steps up a steep incline they were not happy. Sometimes ill-prepared, too.

Rather than ask a “YES” or “NO” question we modified the question. Here was our new question – more of a request actually.

Describe how we need to come into your house to make this delivery.

Customers would then tell us. “Well, you’re going to need to come through the front door. If the truck parks on the street there are about 100 steps up a pretty steep incline…”

Now we were able to ask deeper, more probing questions to get the delivery instructions just as precise as our questions. That precision made us more efficient, effective and gave us the opportunity to deliver a superior experience to every customer.

That’s the power of great questions. They foster greater answers.

It’s a busy week here so I’ve decided I’m going to step away from the podcast while I complete some important projects. This is your opportunity to go check out some of the back episodes. Or it’ll be your opportunity to stop listening for a little while so you can focus on your own important projects.

Be well. Do good. Grow great!

Randy

Asking & Answering Tough Questions – Grow Great Daily Brief #241 – July 8, 2019 Read More »

Why You Should Join A Peer Advantage Group (But Not Mine) – Grow Great Daily Brief #240 – July 2, 2019

Small business owners.

CEOs.

Executives.

Leaders.

Whether you’re a #1 or a #2 or a team leader…surrounding yourself with others who are like you is one of THE most powerful learning, understanding and growing tools you can find.

Business people in every role, up and down the authority chain, benefit from being around others who are like them in the role. Simultaneously, they benefit from being around people who are dramatically different from them.

Peers – The Common Ground

This is where it begins. The peer advantage requires the right peers. Where’s the common ground? Can the culture created by these people fuel you in the best ways possible? And can it challenge you, too where you’ll surrender to how uncomfortable it may be for you – but you hang in there because you know it’s for your best?

Companies like YPO, Vistage, Entrepreneur’s Organization and a host of others operating all over the world provide extraordinary value to members intent on L.U.G. (learning, understanding and growing). They put people in rooms together where all the people share one common thing – the role they serve. CEOs with CEOs. COOs with COOs. CMOs with CMOs. It’s the whole “birds of a feather” deal. This is where it all must begin.

It’s important that everybody in the room – physical or otherwise – relate to what they’re doing in their respective organizations. You may have heard me refer to a group that nobody wants to qualify to join – Parents of Murdered Children. It’s a dramatic illustration though, which is why I use it. If you’re unfortunate to qualify to join that group, is there a more powerful group on the planet where you can go to instantly have everybody else in the room know exactly what you’re doing through? No. That common ground is imperative.

Peers – The Diversity

Every parent of a murdered child has their own unique context. Their stories are insanely personal. They come from every corner of society. They don’t need to share educational backgrounds, financial well-being or anything else. The one commonality is so strong it binds them together. Their diversity – their individual context and experiences – is the value!

Diversity can scare us. Don’t let it. Embrace the truth that you know what you know. It’s what you don’t know that can help you. That’s where others sharing their stories can benefit you like nothing else.

The common ground fosters safety and trust. The diversity fosters the deep conversations and sharing experiences where we find growth. You have to have both or there’s no value.

Vulnerability – It’s A Must

Don’t even think of joining a peer advisory group if you’re not willing to show your underwear. This is not an opportunity for you to always be on, trying to make every moment an Instagram moment. You’ll derive no benefit if you’re busy trying to impress and constantly judging yourself against the others in the room. This isn’t a contest designed for you to win – or lose. Not based on appearances or false / vanity measurements. It’s about growing your business, your leadership and your life.

Can you listen deeply enough to understand?

Can you pay close attention to what others say and be curious enough to seek an understanding of what they really mean?

Can you be thoughtful enough to fully participate with all the others? To help them and perhaps more importantly for some, to be helped? (That’s vulnerability. To stop acting like you know everything you need to know. It’s fine – no, it’s mandatory – if you’re going to grow. And if you’re not intent on growing, then why are even in such a group? Get out. Stop wasting everybody’s time.)

The Answer Isn’t Complicated

You should join a peer advantage group because there’s nothing on the planet that can compress the L.U.G. time requirement better. The big key to what you hear me say over and over again – “you’ll figure it out” – is time. As business people it’s urgent that we figure it out as quickly as possible because the market is moving, changing and growing more fickle all the time.

I love to ponder, but we both know there’s not a ton of time to ponder. We have to respond, react and adapt quickly. I’m fond of 7×7 fast starts – and I universally encourage business owners to do it. Sit down for one hour a week for seven weeks straight. Have a pad of paper and pen in hand. Shut off all distractions. Get in a quiet room. At the top of the paper write down one challenge or opportunity in the form of the most detailed question possible? That’s the question you’re going to wrestle with for an hour. But think of this. One lousy hour out of 168 in a week. That’s .006% of your week. It’s NOTHING. But that nothing can have a powerful impact on your ability to come up with better answers or insights to your question.

When you devote yourself to working on yourself and your business – something very few business people do because they’re too busy chasing their tails and putting out fires – then positive changes happen. When you join a peer advisory group they happen much, much quicker – and the changes are dramatically better!

This can be especially true for #1s, people at the top of the authority pyramid in their organization. Being part of a great peer advisory group can prevent “the Emperor has no clothes” syndrome so pervasive among top-level leaders.

Put in the work to find a group suitable for where you are right now. If you’re a CMO, then find where you might join up with other CMOs. Look for the common ground first. CEOs sitting around with CMOs can be profitable, but not nearly as profitable as sitting with other CEOs. Whoever you are – whatever role you serve – find a group of people like you. People shouldering the same responsibilities as you.

Find a group dedicated to what you most want to accomplish for yourself. Your willingness to be vulnerable is key, but that doesn’t mean you avoid putting your interest up near the top when you’re thinking of joining a group. I’ll tell you a secret – something you’ll learn once you join a great group – after you experience the group you’ll find yourself benefiting mostly when you avoid selfishness. By helping others and by allowing others to help you, growth will happen in those moments when the conversation may not even be specifically about you.

Culture matters. Group leadership has a big role to play. Groups tend to be uniquely specific to the person leading the group. In short, one size doesn’t fit all. Are you a Hyper Pro? Don’t know what that is? Let me explain. A Hyper Pro is somebody who would never enter a business meeting in anything other than a custom made suit and French cuffs on the shirt, highlighted by an expensive tie and other accessories. Nothing wrong with it, but a guy like me would never be in such a group. Or allow such a person into any of my groups. It’s not right or wrong. It just is. Find a group that rolls the way you most prefer to roll. And it goes beyond dress (since some groups like mine are virtual).

The sad truth is, there is plenty of opportunities for you to find a suitable group. Depending on your role and what you most want to accomplish, the search may take some time. But maybe not. Statistically, fewer than 1 or 2% of CEOs ever take advantage of such a group. There’s likely no improvement in the participation rate of other roles. I think it’s sad because the power is extraordinary. You’d think more people could see the value.

The Peer Advantage by Bula Network is my group. It’s not for everybody. Fact is, it’s pretty limited. Quite narrow.

It’s only for small business owners in the United States. That’s because I don’t want to manage a bunch of International time zones (yet).

It’s only for small business owners because they’re the people I most want to serve. And I don’t define “small” by revenue or headcount. I’m interested in serving business owners who are close to the work and closer still to their customers.

The trifecta of business building is important to me and therefore, everybody who would join one of my groups must be intently focused on it, too. This is part of that culture stuff (oh, and jeans and t-shirts are permissible and even encouraged, too – no French cuffs around here). The trifecta of business building consists of 1) getting new customers, 2) serving existing customers better and 3) not going crazy in the process. I’m intent on every member hitting that trifecta as much as humanly possible. I know it’s unrealistic to think we’ll hit all 3 all the time, but I think we can improve our odds when we focus on it.

You should also join a group because the accountability will move you forward faster than anything you’ve experienced. It’s the missing ingredient in our lives. It’s why diets and other life changes often fail. Find a group where discomfort is acceptable. In some groups they may avoid making anybody feel uncomfortable. If that’s what you prefer (I’d advise against it, but it’s your life and I respect your right to do as you please), then find one. My objective inside The Peer Advantage by Bula Network isn’t to forcibly make people uncomfortable, but if the conversation needs to go there to best serve, then that’s where we’re all going. TOGETHER. The key is to not judge. That’s the responsibility of the leader of the group. To not allow it. Everybody in the room as their role inside their company. They can roll however they want. It’s not our job or obligation to convince them to not want what they want. It’s our job to serve them to get what they want and help them clarify it.

You should join a peer advisory group. Google it. Read about it. Research it. Contact one, two or many organizations offering peer advisory groups. Figure it out. It’ll be worth it.

We’re now beginning the second half of 2019. Before you know it, this year will be history. Will you end the year being stronger as a business owner? Will you end the year prepared for high growth in 2020? Will your life be vastly better because you’ve grown? All the more reason to join a peer advisory group.

But not mine. Unless it speaks to you. Visit ThePeerAdvantage.com

Happy 4th of July to my American listeners. Lord willing, I’ll talk to you next week.

Be well. Do good. Grow great!

Randy

Why You Should Join A Peer Advantage Group (But Not Mine) – Grow Great Daily Brief #240 – July 2, 2019 Read More »

Happy Birthday, Second Half Of 2019 – Grow Great Daily Brief #239 – July 1, 2019

Today I want to provoke you to take a quantum leap forward. It may be uncomfortable. Maybe it’ll be exciting. Let’s just give it our best to make it profitable.

Learning. Understanding. Growing.

Let’s start with a word. An important word. One that should remain at the forefront for you the rest of this year (and beyond).

Curiosity.

Get in touch with your curiosity. Don’t sweat about the object of it. Follow it. Spend some time with it so it becomes an improved habit – the habit of embracing it.

As a leader, you’re going to very quickly find yourself curious about any number of things pertaining to your career, your leadership, and your life.

I’ll throw some fuel on the fire. Think about the trifecta of successful business building:

  1. Getting new customers
  2. Serving existing customers better
  3. Not going crazy in the process

Follow your curiosity down these paths. Give it time. Ponder. Ruminate. Question. Question everything. Deeply.

Let one thing – just one thing – bubble to the top of everything else. You may not think there’s time to pursue everything. Just assume there is. Enough time. Concentrate on the one thing that you know – your gut won’t likely lie to you – will move the needle the most. And perhaps the fastest. It’s likely something that has been nagging you for quite some time. Something you’ve long been fretting about and feeling, “I really should do something about THIS.” For some reason, it has scared you off. So you put it off.

Stop wasting time. Now is the time to get on with it. Own the power to deal with IT today, on your terms. Time to engage this enemy.

Write it down. Your enemy. The object of your curiosity. The big question. It’ll be a question. If it’s not, make it a question.

It may be a “what if?” question.

It may be a “why can’t we?” question.

It may be a “who?” question.

Don’t rush into battle with this foe until you know what you’re up against. Figure out the question because this is the first real enemy you must conquer – clarity. Clarity on the true issue. It’s important that you get this right else you’ll spend time trying to figure out the wrong thing.

Sit still. Figure it out.

Ask yourself if this is really what you want to fix, solve, remedy or improve. Don’t advance until you’re sure. As sure as you can be. You can do this alone or solicit outside help. There’s enormous power in having others help, but don’t let that stop you from moving forward.

Once you’ve fully questioned the issue AND you’re satisfied that you’ve accurately identified the challenge, it’s time to write it down. Rewrite it as many times as you must to get the wording as clear as possible (you’re seeing a theme emerge – clarity). This question should be concise, clear and bluntly to the point. Don’t get caught up in fancy terminology or corporate lingo.

The focal point of the question is highly likely going to begin with one word: HOW.

How? 

For example, many years ago my curiosity led me down a path of “I wonder if we can…?” After wrestling with it for a few days I morphed it into a how question. “How can we…?”

The result was a big, quantum leap innovation to accomplish never done before by our company or anybody in our market. In fact, at the time I didn’t know of anybody anywhere who did it. But my team did it. Rather quickly too. All because we identified the challenge, accepting it and refused to lose to it.

This process is my birthday gift to you for the second half. I hope you’ll try it because there’s no power in thinking about it. The power is in using it. Deploying it. And making it a habit for how you operate your life, your leadership and your business.

After tomorrow I’ll be dormant for the rest of this week. No, I’m not taking a vacation, or even a day off. But I’m going to be doing exactly what I’m challenging you to do in today’s show. I’m doing some work on what I want this podcast to look like and sound like for the rest of this year and moving forward.

Some questions I’m asking myself are:

a. If this podcast were like a party that I was hosting, who would I most want to attend?

b. If this podcast were like a party that I was hosting, what would I most want the theme to be?

c. Who do I most want to work with – translation, who do I most want to attract?

d. How can I provide the most value to that group of people?

e. What content would provide me the most joy and the audience the most value?

f. Where is the gap in the market for these things? Translation: where is my best opportunity?

g. What do I most want this podcast to be known for?

Just like you, the easy part is figuring out what I don’t want. Or who I don’t want to attract. Or the people I don’t want to work with. Or the things I don’t want to talk about. Or the subject matter I would quickly tire of.

I’d happily document the process, but it would likely bore you. Besides, I want you to focus on YOURSELF. Figure out what you need to figure out so the second half can be spectacular.

Lord willing, I’ll see you tomorrow, then we’ll return next week. Now get busy doing this work. Spend the rest of the week deeply devoted to getting something powerful done.

Be well. Do good. Grow great!

Randy

Happy Birthday, Second Half Of 2019 – Grow Great Daily Brief #239 – July 1, 2019 Read More »

Making Failure Temporary – Grow Great Daily Brief #238 – June 28, 2019

Increasingly I’m convinced there is one factor that is far superior to all others in determining our success.

Some of my favorite terms are…

Tenacity

Resilience

Ferocity

They speak to a person’s refusal to quit. And I’m not talking about quitting things that aren’t working. Or quitting things that we discover we don’t want to accomplish. Quitting and changing one’s mind aren’t the same thing.

And I’m not talking about quitting because you realize you don’t want it badly enough. You thought you did but turns out – you didn’t.

I’m talking about pursuits we want, but when it’s hard, or when failure continues to slap us in the face (or worse)…our resolve weakens. And eventually, we just give up.

World-class athletes often speak of having “short memories.” When they experience defeat – and they all do – they don’t dwell on it. They make that failure temporary. The voice in their head doesn’t defeat them by trying to convince them that this is a permanent condition.

The one factor that trumps all others is OPTIMISM. Pure and simple, it’s belief.

The belief that this too shall pass is a quality we could all more of – optimism. But it’s a deeply personal issue and our head trash can be hard to clear out.

What’s the cause of your failure?

What’s the cause of your difficulties, troubles or issues?

It goes to the heart of how we think, which goes to the heart of how capable we are to view failures as temporary. Or not.

Don’t avoid responsibility. Our accountability is a critical component of how our resolve, strength, and determination are built up or weakened.

When you look at the causes of most of your failures…to what do you ascribe them? We all attribute them to something or somebody.

I’m aiming this at our leadership. Whether you own a business or you’re the CEO or executive or team lead…you’re the leader in whatever situation you’re in. Trouble ensues and you assign blame or responsibility on who or what?

Permit me to make a case for you to own it. Every bit of it. Why not?

There’s just not much – if any – downside to it. You’re the leader. It’s your responsibility. You’re accountable first to yourself, then to your organization or team. It’s the burden of leadership. It’s also the upside of leadership.

You choose to be the leader and accept that responsibility.

Or you choose to be the victim suffering failure because of somebody else or something beyond your control.

Yes, things happen beyond our control, but even those things can’t make us victims if we don’t allow it. Bad things happen to everybody. This isn’t about finding fault or assigning blame. It’s rather about how we choose to think about and what we choose to believe about adversity, obstacles, challenges and failures!

Choose to own it and move on.

That’s only possible if you can truly believe that this isn’t a permanent condition. Realize it happens to every human on the planet. More than you’ll ever know because you know your story best. You’re attracted to see the success – those mountain top moments – of others. You dwell more on your failures and more on the success of others. That doesn’t help. It’s unreasonable because it’s inaccurate.

Don’t sell your mind to failure. Just rent out your mind by the minute to it.

Failure loves to move in a take up permanent residence. That’s when you have to put up your NO VACANCY sign. And mean it.

You have to show the organization the way. If you refuse to keep pushing for innovation, creative problem-solving and overcoming challenges then you’ll quickly find your team resigning themselves to defeat. It’s a culture killer! A business killer. A life killer.

There’s another word we have to consider.

Confidence.

Failure erodes it. Success fuels it. Mostly.

What if we flipped failure on its head and put it in a chokehold? What if we leveraged failure to increase our confidence? Confidence that we’ll figure this out. And now sooner than later because we accept responsibility for the failure. It’s the protection we provide to ourselves and our company. We liberate our team to move forward because there’s no time for blaming. There’s only time to get on with figuring out how to improve. Confidence that we can and will do it.

That’s puts even more pressure on you as the leader. Because people are going to follow your lead. Which means they’ll follow your optimism or your pessimism. You decide.

See, I told you pessimism was way harder!

Let’s end the week and this month of June on the highest note possible. Whatever didn’t work out well for you in the first half of 2019…let it go. First, dissect it to you and your team can learn from it. Spend no time assigning blame. Take responsibility for it yourself. And take responsibility for nudging the team forward past it.

The challenges, constraints, and obstacles that foiled you in the first half have no place in the second half. Refuse to dwell on them. And don’t let any of your team members do it either. Remind everybody to have short memories. Preach the truth that failures are just temporary and useful to help everybody learn, understand and grow.

Be optimistic about the second half. Expect success. Express belief in your team’s ability to achieve it. Commit to remaining out front in that belief and in doing whatever you can to help each one of them reach higher.

The second half of 2019 is going to be spectacular. See to it. Make it happen.

Be well. Do good. Grow great!

Randy

Making Failure Temporary – Grow Great Daily Brief #238 – June 28, 2019 Read More »

Small Business Is A Description, Not A Condition – Grow Great Daily Brief #237 – June 27, 2019

Almost 30 years ago I had a conversation with an owner of a small business who was lamenting the smallness of his business (which wasn’t so small really since he was generating multi-millions in annual revenue).

“I’m not a neighborhood store, ” he complained. “They want to make me a neighborhood store.”

I reminded him that he decided to make himself a neighborhood store. Nobody did that to him. He hadn’t ventured beyond the neighborhood ever. His choice.

He was viewing his own condition as a small business as a condition imposed on him by others. Truth was, it was an accurate description of his business resulting from his own choices. He never wanted to expand beyond the neighborhood even though he had casually considered it a time or two. He liked being where he was until he felt others were looking down on him for being who he was.

I urged him to embrace being who he was…and if he wasn’t happy with being who he was, then do something about it. Change it. It’s within your power.

Almost 90% of businesses have fewer than 20 employees. Over 76% of them don’t have any employees. Most American businesses aren’t just small. They’re very small. In size. Either by revenue or headcount. (find some data here)

Small may describe the market impact of a company. Small may describe the employee count, annual sales or annual profits. But that doesn’t mean insignificant. It certainly doesn’t mean unimportant.

I’m very drawn to small business owners. And likely because of how my career started – working as a high school kid for a local stereo shop owner – I’m empathetic to the struggles and the opportunities of these owners. It doesn’t matter if they’re generating a few hundred thousand dollars annually or hundreds of millions. Add a zero. Add a few people. Scope and scale apply to problems and opportunities alike.

Small describes it. And it’s fine.

I like small cars. Small 4-cylinder cars that are quick and zippy. I can get in and out of traffic quickly because I can go fast quickly, I can turn quickly, and I can stop equally fast. The term I’ve used for decades to fuel companies – and to engage people more fully – is “highly maneuverable.” And it’s a quality that is mostly afforded to small business.

Highly Maneuverable

As a small business owner you can move faster. If something isn’t working, you can change it right now. You don’t need to assign a team of people to study it. You likely know the issues intimately because you’re close to the work, to the people doing the work and to the customers. So you’ve got a sense of what’s right and what’s wrong. So you can adapt and change.

And if your adaptation or change isn’t spot on, then you can do it again. Speed is your friend.

I often liken it to shooting at a target. The first shot taken quickly establishes how far off dead center you are. So you adjust your aim and take your second shot. It’s closer, but perhaps still not quite dead center. More adjustment and now a third shot. BINGO! Smack dab in the dead center of the target.

While bigger enterprises are researching, assessing, quantifying and whatever other examinations they need to feel confident enough to pull the trigger…you’re setting up your second and third shot. It begs the question, “Will your 3rd shot be more accurate than their 1st?”

OF COURSE.

There’s your advantage as a small business.

Bigger isn’t necessarily better. Or more powerful. Or more impactful.

You and your business matter. How do you put a measurement on the scope and scale on mattering? Ask your employees. Ask your customers. Ask your suppliers. The ripples in the water go on and on and on and on.

Sometimes I find myself working really hard to pump up a small business owner who just feels thankful for the success (many of them aren’t quite so small in revenue), but feels overwhelmed with all the resistance. And there’s always resistance no matter your size. Government. Industry constraints. Finding quality people. Technology costs. It just never ends…but such is the game (that we talked about yesterday). The game is great fun. The game of business.

Keep the trifecta of business building in mind.

  1. Getting new customers
  2. Serving existing customers better
  3. Not going crazy in the process

Your description as a small business is a terrific advantage that should give you increased confidence. It’s speed. It’s effectiveness. It’s intimacy with employees and customers. And from a practical viewpoint, it’s something else. It’s overhead. It’s the fuel you need to be extraordinary.

Big fish need much more food. Their daily dietary requirement is significantly bigger than small fish.

You can get by on less. This isn’t merely an advantage in bad times but in good. Don’t get fat and happy in these good times. Enjoy them. Plan for a downturn because there’s always one coming. And when it comes you can shift gears and blaze past the competition – likely the larger, more lumbering competition that now finds itself needing more fuel, but unable to find it.

Embrace your smallness. Embrace it for the strength is it. Lean heavily into the extraordinary performance you’re capable of because of your size. Focus on what you can do – and better. Don’t focus on what you can’t do. Don’t view your description as your condition. It’s not.

Be well. Do good. Grow great!

Randy

Small Business Is A Description, Not A Condition – Grow Great Daily Brief #237 – June 27, 2019 Read More »

Scroll to Top