Synopsis
Scaling Up Business is all about how a few companies make it...and why the rest dont. Our podcast shows are drawn from the lessons of our coaching clients, coaching partners, and the leading authors that contribute to our Conferences and the Scaling Up best selling book by Verne Harnish, and the Team at Gazelles. Well share practical tools and techniques for building an industry-dominating business. These approaches have been honed over three decades of advising tens of thousands of CEOs and executives and helping them navigate the increasing complexities that come with scaling up a venture. We want to turn what can feel like an anchor, into the wind at your back helping you create a business where the team is engaged; the customers are doing your marketing; and everyone is making money. Each episode of the Scaling Up Business show focuses on one of the four major decision areas every company must get right: People, Strategy, Execution, and Cash. We'll share the tools and methods that have been used by more than 40,000 firms around the globe to scale their companies successfully -- many to $1 billion and beyond.Running a business is ultimately about freedom. The Scaling Up Business show tells leaders how to get their organizations moving in sync, to create something significant, and still enjoy the ride.
Episodes
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077: Bahaa Moukadam - Balancing That Crazy Life of Yours
29/11/2017 Duration: 32minBahaa Moukadam is a former Silicon Valley CEO with an extensive track record of success. He is also a Certified Gazelles International Coach and throughout his career, Bahaa has grown companies from $0 to $40 million in 5 years and $60 million to $173 million in 3 years. Now, he helps teach executives and Entrepreneurs how to avoid critical business mistakes while also enjoying the journey of building a successful company. Although Bahaa worked mostly in the IT sector, he has helped CEOs and companies outside of his industry of expertise. In one example, Bahaa worked with a company in the MRI machine service industry. Even though he knows nothing about MRI machines, he was able to help the founder take vacations twice a year and enjoy more freedom. Prior to that, the founder had not taken a vacation in over 10 years. When your company is organized in such a way where the leader can take time off, that company becomes much more valuable. There’s nothing worse than having to sell a company that only really
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076: Josh Bernoff - Cut The BS Out of Your Language
22/11/2017 Duration: 32minThis week it’s time to cut the BS out of your writing, your language, and your business. No one wants to hear lies! Most business writing and the way executives talk is just filled with BS and people are just sick of it. It’s time to stop now! Josh Bernoff has been a professional writer since 1982 and is the author of Without Bullshit. Also, for 20 years, he was at Forrester Research, where he wrote and edited reports on the future of technology. He was also a speaker at the Gazelle’s Growth Summit this year. While working at Forrester, Josh would often get briefs and press releases from hundreds of Tech startups, but he noticed that most of the communication he received was BS. Of all the press releases he received, only .02% of all the words in there had any real meaning to Josh. That’s a lot of waste. So, when Josh left Forrester, he wanted to teach people how to get rid of the bullshit and get straight to the point. People use jargon because somewhere in their head they think everybody uses this ter
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075: Mike Michalowicz - Is Your Small Business Not Profitable?
15/11/2017 Duration: 35minDid you know that 83% of small businesses around the world are not profitable? Business owners are living month-to-month and are desperately struggling. Today’s episode addresses this so that you never have to worry about living paycheck-to-paycheck again. Mike Michalowicz is the author of several books including The Toilet Paper Entrepreneur, Surge, and Profit First. He is also the Owner of Profit First Professionals, his third million dollar venture. This is Mike’s second guest appearance on the show! Why did Mike decide to write Profit First? Believe it or not, Mike had grown his companies to multi-million dollar businesses, but was not profitable, at all. He had refinanced his house multiple times and was living check-by-check. He thought if he could run the business long enough, they’d eventually hit their ‘big break’ and become profitable. After selling his businesess, he decided to become an angel investor with this mindset and, guess what, the 10 businesses he invested in all tanked. Within two
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074: Maria Sipka - What Does a Meaningful Life Look Like?
08/11/2017 Duration: 35minThis week’s episode explores Maria’s personal journey and discovery over the years. An entrepreneur at a very young age, she gave up the boyfriend, the oceanview property, and her business for a deeper meaning. Through traveling the world and finding her life’s purpose, she ended up creating a billion-dollar company in return. Find out how by listening in. Maria Sipka created her first company at the age of 19 and by 21, it was a $2 million dollar business. What seemed to be the ‘perfect life.’ Maria gave it all up to search for deeper meaning. In 2005, she co-founded XING, which is now worth over a billion dollars. Maria later moved to San Francisco and Co-Founded Linqia, a company that aims to educate and inspire marketers. Maria’s childhood sweetheart, a high-performance athlete, encouraged Maria to attend a Tony Robbins’ seminar at the young age of 16. She is forever grateful for going to that event at such a young age because it really opened her eyes to the world. She came out of it a changed person
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073: Howard Shore - You’re Losing a Million Dollars Right Now!
02/11/2017 Duration: 30minThis week’s episode is worth a million dollars! That’s right! Your business is a leaky bucket and there are probably more than a million dollars in it that are leaking away and you’re just not aware it. How can you spot those leaks and get them fixed ASAP? You’ll have to listen in to this week’s show! Howard Shore is the author of Your Business is a Leaky Bucket as well as a Business and Executive Coach. Howard has worked for 3 top Fortune 500 companies and has over 12 years of experience as a coach. He is also a Certified Gazelles Coach. Throughout the years, he has seen clients leak money unnecessarily and this is what inspired him to write his book. Howard began his career by owning his first business when he was 18 years old. Over the years of working one-on-one with high-level executives and leaders, Howard came to realize something important. We all live our life like Dilbert, the popular comic strip. It was astonishing to Howard how everybody could be working so, so hard in their industry, yet th
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072: JT McCormick - There is Power to Telling Your Personal Story
25/10/2017 Duration: 37minGoing through hardship is difficult and can sometimes leave very painful memories. But what if you can take the challenges you’ve gone through and turn them into a powerful story that inspires others? This week’s episode dives into how you can find your story and tell it in a powerful way. JT McCormick is the President and CEO of Book in a Box, a company that will help you tell your story and write your book. JT has personally faced a lot of hardships growing up. By all accounts, he shouldn’t have succeeded, but he worked his way up from scrubbing toilets and is now the CEO of a multimillion-dollar company. Find out his story on today’s show. For the first ten years of JT’s life, all he saw while growing up in the projects were pimps, prostitutes, drug addicts, and overall despair. He did not know any better, until one day he and his father drove through a very rich neighborhood and it opened his eyes to the possibility that life has much more to offer. JT’s father was a pimp in the 70s and JT is one of 23 ch
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071: The Biggest Mistakes in Scaling Up with Verne Harnish
18/10/2017 Duration: 28minAre you having trouble scaling your business effectively? Have you ever thought that you might be doing it ‘wrong’? This episode dives into the biggest mistakes we see leaders making in the quest scale up. Our guest for this week is the one and only Verne Harnish. As most of you already know, he is the author of Scaling Up, Founder and CEO of Gazelles. He is also co-founder of the world-renowned Entrepreneurs’ Organization (EO). The tools that Verne and our team at Gazelles have put in place have worked for over 40,000 companies, across many industries, and around the world. This is Verne’s 35th year working helping business to scale. In fact, Verne and EO are celebrating the 30th anniversary of the organization and the 25th anniversary of the originating MIT program, the Birthing of Giants. It’s also the 20th anniversary of our Gazelles organization. There is a lot of education for startup founders, but much much less on successfully scaling up. In this show, Verne shares the story of a 76-year old who accid
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070: Shannon Susko - The 3-Year Highly Achievable Goal
04/10/2017 Duration: 38minThis week’s episode focuses on the 3HAG. As many of you might be familiar with a 10+ year BHAG, the Big Hairy Audacious Goal, our 3HAG is not too far off from this concept. How do you effectively structure your mid-term goals? Today’s expert guest has some tips for you! Shannon Susko has more than 20 years of experience building and leading high-growth technology companies in the financial services industry. She is also a Senior Gazelles Coach and has a ton of experience helping business leaders put strategies in place to achieve their 3HAG and BHAGs! When Shannon was the CEO of her first company, she had to stand in front of her team, her shareholders, and investors to discuss the company’s BHAG. However, you have to do more than just exclaim it, you also have to prove you can do it. This is where the 3HAG comes in and it is how it helped Shannon make the long-term goal achievable and believable. The reason most companies do not even have a 3HAG is due to fear of failure. That’s a lot of pressure for a CEO a
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069: Dr. Ken Thiessen - Value Lessons Learned Between Entrepreneurship and Non-Profits
27/09/2017 Duration: 36minEntrepreneurs and nonprofit leaders both have a lot to learn from each other. Even though it may seem like they’re working in completely different industries, both worlds have a lot of interesting insight on how to grow, partner, and market to a larger audience. Dr. Ken Thiessen is the Founder of Power of One Consulting, where he focuses on consulting for the social sector and nonprofit organizations. Dr. Ken is also a certified senior Gazelles coach and uses his expertise to help business owners and nonprofit leaders succeed in their industry. By working with both nonprofit and for-profit sectors, Dr. Ken has found some very interesting lessons that we can all learn from, and use, in our business. When Dr. Ken was 18 years old, he decided to buy a restaurant. He had no business plan, and yet the bank gave him a loan for it! However, surprise surprise, two years after he bought his restaurant, Dr. Ken went bankrupt. From Dr. Ken’s failed restaurant attempt, he learned a lot of important lessons at the ripe ag
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068: Tom King - Tales of An Entrepreneur: Never Give Up, Never Surrender
20/09/2017 Duration: 32minHave you ever been on the brink of losing hope and losing your business? Today’s episode dives into the nitty-gritty and shares some of the not-so-pleasant hardships many entrepreneurs face. Today’s guest shares some of the key lessons he’s learned while he was trying to start and grow his own business. Tom King is the Founder and CEO of Steviva Foods, one of the largest importers, manufacturers, and distributors of clean-label sweetening systems and natural sweeteners. Thom’s success did not come easy. In fact, Thom had experienced several growth-related hardships in his business before he truly ‘made it.’ On this week’s show, find out why he never gave up on his business even when all the arrows were pointing for him to do so. Thom first discovered Steviva through his friend. Tom’s friend came back from Paraguay looking for a natural supplement for his daughter, who was suffering from a rare disease. When Thom first tried these leaves from Paraguay, he found them to be very sweet and they had no calories. T
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067: Ron Carucci - The 3 Biggest Pitfalls of Growing Your Company
13/09/2017 Duration: 31minIs your company expanding and growing quickly? Usually, when a company grows but does not have the right systems in place, the organization rapidly feels the extra pressure and it often causes serious blocks in the chain. How do you avoid it? Well, this week’s guest is a fellow coach and has seen time and time again the top biggest three pitfalls that occur in a rapidly growing company. Ron Carucci is a consultant with more than 25 years of experience working directly with CEOs and senior executives. He has consulted for a wide range of organizations — everything from Fortune 50s to startups. His consulting has taken him to more than 20 different countries on four continents. On today’s show, Ron discusses the three top biggest constraints a growing company faces. Ron is a recent empty nester, and Bill is just months away from having an empty home as well. As these two parents see their children grow up, there is a common theme that can be directly linked to business — growth and change produce unsettling mom
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066: Dustin Mathews - Presentations That Drive Effective Results
06/09/2017 Duration: 31minMany business owners have found themselves working on important presentations throughout their careers. However, have you ever worked on one that has fallen flat, or even failed to wow investors or clients? Well, today’s episode breaks down what goes into a successful presentation! Dustin Mathews is the co-founder of Speaking Empire, a company that helps train aspiring speakers into pros. He is also the author of the No B.S. Guide to Powerful Presentations, which is why he makes for an excellent guest on how to develop inspiring presentations that produce results. Dustin never wanted to be front-and-center with an audience. He was always a behind-the-scenes kind of guy, and would constantly run from the idea of standing in front of a crowd. One day, he couldn’t run from it any longer and he had to cover for his boss. When he stood up there and spoke, something interesting happened — it was not as bad as it seemed. He’s been hooked ever since. Dustin ended up doing 3,000 events in a short time frame with his t
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065: Randy Cohen - Get Your Business Swagger On
30/08/2017 Duration: 31minRandy Cohen is the Founder & Chief Energizing Officer for TicketCity Management. Randy is also the author of Secrets of Swagger, a book to help guide business owners and entrepreneurs through the process of understanding, and obtaining, confidence. Do you struggle with getting your swagger on? This week’s guest knows a thing or two about being cool, calm, and confident. Find out how you can obtain these seemingly unattainable traits with guest Randy Cohen on this week’s episode! Randy first started TicketCity 27 years ago. He took his life savings of $1,200 and bought 200 $6 sports tickets, which he later resold for $15 a piece. From there, he slowly built his business up and now he has a $150 million operation. How does Randy cultivate swagger in his life and in his business? It all started when he had an epiphany of what TicketCity was all about. What is your company about and how are you making a difference? When you know these answers, and are passionate about them, you can effectively rally your tro
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064: Steve Little - There’s More Than One Way to Increase the Value of Your Business
23/08/2017 Duration: 31minSteve Little is the CEO and Managing Partner of Zero Limits Ventures. Steve first started his entrepreneurial career at the young age of 13, and sold his business a few years later for a 6-figure sum. Steve has over 40+ years of experience in entrepreneurship in a wide range of industries, which is why he is the perfect guest for this week’s topic. On the show, Steve discusses some of the important factors you need to consider, to drive value in your business! Steve started just like any other kid on the block, cutting his dad’s lawn. After two years of taking care of his neighbors and clients’ lawns, and having 35 employees under his belt, he sold the contracts he acquired for a little over $200,000. He didn’t realize it at the time, but when he looks back, this was one of the earliest lessons he learned about how to drive value into the business. There are all kinds of value hidden inside the walls of businesses. There’s valuation that’s tied up into constraints, like things that exist in your business that
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063: John Ratliff - It’s Lonely at the Top: Your Work and Your Mental Health
16/08/2017 Duration: 41minJohn Ratliff first applied The Scaling Up Rockefeller Habits when he was the Founder/CEO of Appletree Answers. He grew it from relatively small company in 1995 to 700 employees, before selling it in 2012. Today, he is the Managing Director of STS Capital Partners, and sits down with Bill to discuss our overall mental health and how to combat depression when you’re sitting at the top. When it comes to mental health, John looks back and reflects that he had been struggling with it since he was a little kid. So, instead of facing it, he did what most people did, he dived into his work, and did not confront what was going on with himself internally. When it comes to mental health, sleep is very important, yet John picked a business where he didn’t get much of it at all. He was working 100 hours a week, and was up at all hours of the night when he first started his answering service. He was so sleep deprived that he doesn’t remember the entire year of 1997. To be completely honest, John kept his life-long battle w
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062: Jack Daly - What Goes Behind a Great Sales Playbook?
09/08/2017 Duration: 32minJack Daly is a sales coach with over 25 years of experience. Throughout his career, Jack has helped six companies grow to hundreds and hundreds of employees nationwide. Jack is also the Amazon bestselling author of Hyper Sales Growth. On today’s show, Jack discusses what makes a great sales playbook. Jack’s sales playbook has evolved over time. Why did Jack create this sales playbook, in the first place? Well, it goes back to the company that went from four people (Jack and three colleagues) to 750. Jack’s BHAG was to be the #1 mortgage company in Orange County, California. This was back in 1985, and Jack was suddenly faced with Bank of America, Countrywide Funding, Shearson American Express, and Wells Fargo as competitors. Knowing the competitors he faced, he knew he needed a system and processes in place to help roll out his business model to other store locations as quickly as possible. This is how Jack’s sales playbook was first created. Over time, Jack noticed that, for most companies, systems and proces
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061: Tristan White - How to Develop a Winning Culture
01/08/2017 Duration: 34minTristan White is the Founder & CEO of The Physio Co, a physical therapy clinic based in Australia. Tristan’s company has been ranked #1 of Australia’s best places to work. How did he do it? By creating a winning culture everyone within the company can get behind and support. Tristan explains how he was able to achieve this, on today’s show. Tristan is an accidental entrepreneur. He began his career as a physical therapist, and although he loved the work he did while he held a traditional job, he knew he could make a bigger impact on his own. Slowly, his business grew and he had to hire employees. Five years later, Tristan found himself with a team of 20 people and didn’t know anything about what company culture was, or how it should look, so naturally, he ran into some serious problems. He was just a physical therapist, after all! So, at the five-year mark, Tristan realized he wasn’t happy, his company did not have structures in place, and it was starting to become utter chaos. He knew something had to
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060: Ronen Gafni - What If Business Didn't Have to Be So Hard?
26/07/2017 Duration: 31minRonen Gafni is a serial entrepreneur and the Co-Founder of FreshBiz, a training company that infuses fun and smart thinking into organizations. Ronen is also the author of The New Entrepreneurz. On today’s show, Ronen discusses how to make business more playful and exciting for everyone. Ronen started his career as a software programmer in the army. He understood you couldn’t take life too seriously. You win some and you lose some. So, with that mindset in mind, he began trading on the stock market during his free time. He was able to convert his $100-a-month salary into $100,000 just from the stock market. There’s a bit of a game at play when it comes to business, but two things tend to get in our way from enjoying it; our competitive spirit and own feelings about what success looks like. No one wants to be seen as a loser, or just some goofball, this is when the game of business stops becoming so fun. Business is not a win-lose situation. If Ronen makes more money, that doesn’t mean you make less of it. The
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059: Melinda Wittstock - What Is Authenticity, Exactly?
19/07/2017 Duration: 34minMelinda Wittstock is the CEO & Founder of Verifeed, a company that helps you grow your audience in an authentic way. We all understand the power of authenticity, but what is it exactly? Melinda sheds some light on how business owners can build an authentic and meaningful company on this week’s episode. Melinda and her team have actually created a program that can measure your authenticity. After looking at millions of social conversations, it becomes easy to detect who’s real, and who’s not. There’s a lot of interest in authenticity, but it often gets confused with sincerity. There’s no secret that authenticity is a bit of a buzzword these days, and that it can mean different things to different people. For example, for Melinda, authenticity is about being true to yourself. It applies that you know yourself. This is often a scary thought because people don’t always want to be seen in such a vulnerable light. We don’t want to be rejected by our community. At the end of the day, authenticity is about being
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057: Helen Chang - Writing Your First Book
28/06/2017 Duration: 28minHelen Chang is a journalist, editor, writer, ghostwriter, and video journalist, specializing in business, motivational and lifestyle topics. As the former business editor of San Diego News Network, SDNN.com, she covered topics in tech, venture capital, personal finance, and more. Today’s episode is all about writing your first book and using it to market yourself as an expert. As a business journalist, Helen was able to interview amazing entrepreneurs, and often saw that the most successful entrepreneurs were those who had some kind of a failure, or some kind of despair, before they learned lessons that eventually propelled them to success later on. The first book she ghostwrote was a complete flop at first. The marketing manager told her she had to completely rewrite it because the book was not marketable. This news crushed her, but she saw this as a learning opportunity and took the challenge. However, this early lesson was an important one because to put a good book together, particularly a business or exp