Latest / The Inspired Stories Podcast / How Delegation Creates Freedom: Madeleine Niebauer's Approach to Sustainable Growth
Transcript
- 0:04Welcome to another edition of the Inspired Stories podcast,
- 0:07where leaders share their experiences so we can learn from
- 0:11their successes and be inspired by how they've overcome
- 0:14adversity. My name is Anthony Kotaspodi,
- 0:17and today's guest is Madeline Niebauer, founder and CEO of
- 0:20VICI. Established in 2016, they
- 0:24provide flexible on demand executive staffing to help
- 0:28organizations fill critical leadership gaps.
- 0:31They specialize in placing fractional executives such as
- 0:34Chiefs of staff, Co OS, and CF OS through a network of more
- 0:39than 400 experts who each average 18 years of experience.
- 0:44Their mission is to transform how organizations solve
- 0:47leadership challenges so they can focus on driving growth.
- 0:52With a 97% client approval rating, V Chiefs has become a
- 0:55trusted resource for businesses seeking both strategic and
- 0:59operational support. Madeline brings 2 decades of
- 1:03experience spanning the private, public, and nonprofit sectors.
- 1:07Before founding V Chiefs, she served in key leadership roles
- 1:11at well known organizations, particularly in education and
- 1:14nonprofit work. Now before we get into all that
- 1:17good stuff, today's episode is brought to you by my company,
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- 1:56AD back benefits.com. All right, back to our guest
- 1:59today, founder and CEO of V Chief Maddie Niebauer.
- 2:03Thanks for making the time to Share your story today.
- 2:05Thanks, Anthony. I'm so glad to be here.
- 2:08So, Maddie, you have an interesting work background that
- 2:11seems a bit unconventional, is a pathway to founding a, you know,
- 2:17recruiting company is quite the right term.
- 2:19But, you know, you work for the Peace Corps, some nonprofits.
- 2:23Things always look more clearer in the rear view mirror.
- 2:26But can you walk us through the path prior to founding your
- 2:30company and maybe a couple of the formidable stops for you
- 2:33along the way? Yeah, As you mentioned, I
- 2:37started my career in the Peace Corps in West Africa and then I
- 2:42ran a tutoring center. I went to Business School, so
- 2:45that definitely helped with the business journey.
- 2:48And then I did strategy consulting with nonprofits at an
- 2:52organization called Bridge Span that spun off from Bain.
- 2:55And that was definitely a place that prepared me well, I think
- 2:59both to be a chief of staff and to lead be chief.
- 3:04And then I was a chief of staff at Teach for America and then I
- 3:09launched V chief. So that's the the quick and
- 3:12dirty journey. OK, so where did the?
- 3:14Idea for V chief come from. Yeah.
- 3:17So I was working as a chief of staff at Teach for America, and
- 3:21the leader that I supported was starting a new nonprofit.
- 3:24And so while we were both still at Teach for America, we were
- 3:28both spending part of our time working on that new nonprofit.
- 3:31And then she left to lead it and I moved into a different role.
- 3:34And then she came back and said, I need you back in my life.
- 3:39But she wasn't ready to hire for a full time role.
- 3:41So she asked me to work for her 5 or 10 hours a week.
- 3:45So it became a side gig and I was, it was essentially V
- 3:50Chief's first, first client was my side gig.
- 3:52And then about six months into it, I realized, you know what, I
- 3:57think there are other people who could use this need and I was
- 4:00ready to take a leap. And so I founded V Chief and in
- 4:04the early days we were focused just on the chief of staff role
- 4:07and providing that on a part time basis to clients who were
- 4:10looking for that type of capacity.
- 4:12And so that was how the seed was planted for Beechy.
- 4:17And explain what the role of Chief of staff typically is.
- 4:21Yeah, there's often confusion around this because people
- 4:24mostly only have heard of it in government and it looks a little
- 4:27different in the private sector. So a chief of staff is really a
- 4:31leaders right hand partner. There's someone who takes things
- 4:34off their plate and frees up their time so that they can stay
- 4:37focused where they can have the most impact.
- 4:40And what that looks like on a day-to-day basis varies a lot
- 4:43from chief of staff to chief of staff because it's really
- 4:47focused on what the leader needs.
- 4:49So some common themes that you will see.
- 4:52There's often a lot of project management.
- 4:55Chiefs of staff will often quarterback different projects
- 4:58that don't have a natural other leader.
- 5:01There's often some component of directly supporting the leader
- 5:06that they work with, with things like communications, you know,
- 5:09rather that's drafting emails or building pitch decks or writing
- 5:14speeches. It often they we help them think
- 5:18about the ways that they spend their time and helping them set
- 5:22their own personal strategic priorities so that they know
- 5:25which things on their plate they can hand off to other people.
- 5:29And then often they play other roles through the organization.
- 5:32They're often culture keepers and people who sort of have an
- 5:36ear to the ground so that they can keep the leader up to date
- 5:39with things. They often support the leaders
- 5:42direct reports in one way or another.
- 5:45They often play in meetings and retreats and agendas.
- 5:47It's kind of this Jack of all trades role.
- 5:49But the common theme is that it is focused on, you know, both
- 5:55strategy and operations. And it's all in the vein of
- 5:58helping a leader do their job better.
- 6:01I mean, what's your sound? What's your saying?
- 6:04Sounds like almost too good to be true.
- 6:07It's somebody who can do everything and be everywhere
- 6:09kind of all the time. And I'm trying to wrap my head
- 6:11around like, is there another function or functions in most
- 6:17companies that this is sort of a combination of?
- 6:19I mean, it, it almost sounds like like a secretary or, or an
- 6:23administrative assistant, like on massive steroids.
- 6:27It's sort of somebody who sits right to the right of you and, I
- 6:31don't know, is just helping you with everything.
- 6:33Yeah, yeah, I, I've often heard of this sort of people think of
- 6:40executive assistants, which is, is more like logistical,
- 6:43tactical support, like actively managing your calendar and
- 6:46things like that. And then there's like the COO
- 6:49that is leading like the strategy and operations for an
- 6:52organization and thinking about like the systems and processes.
- 6:55And the chief of staff kind of sits between those things
- 6:58because like an EA, they're directly supporting a leader,
- 7:02but like a COO, they're thinking about big picture operations and
- 7:07strategy questions. And So what does it look like in
- 7:12other organization? Sometimes people will call it
- 7:15like a director of operations or a director of special projects
- 7:18or things like that. And there's certainly like some
- 7:20leaders who don't have this type of capacity, right?
- 7:24But I think most of the big, big organizations have it.
- 7:28And I think a lot of smaller organizations are just realizing
- 7:33the value of it. But I think the challenge is
- 7:35sometimes you don't need someone full time in the role.
- 7:37And that's that's where that's how we were born, right?
- 7:41Yeah. So, OK, so the idea was kind of
- 7:44burst because somebody you had worked with before said, hey, I
- 7:47need you back in my life, but only for a few hours a week.
- 7:50And as you did that for a while, you said, hey, there are
- 7:52probably other folks that need this kind of service.
- 7:56So I wanted to ask how you got your first client, but we
- 8:00already get that. How did you get your second
- 8:02client sort of the the the one that like sort of helped you
- 8:05start stacking clients on top of each other?
- 8:10Well, it was one of two ways because the first handful of
- 8:13clients kind of came at the same time.
- 8:15So a couple of them were referred by the woman who I was
- 8:20supporting, right? Because she was like, I know
- 8:21lots of people who could use you.
- 8:24So sort of a direct referral that way.
- 8:26And then another one came actually from LinkedIn and I
- 8:30posted this thing about this is what I'm doing.
- 8:32And then other people posted that on my behalf.
- 8:35And then one of their contacts or a friend of a friend or an
- 8:39acquaintance, I'm an acquaintance even I've reached
- 8:42out and was like, this is exactly what I need.
- 8:44So it just sort of spoke to him. So, OK, in the beginning you
- 8:49were the one being placed in all these different positions.
- 8:53Only for my former boss. I decided very early on to not
- 8:58do the client work myself, which actually was one of the smartest
- 9:02things I did when I started this business.
- 9:04I didn't realize it at the time and it felt kind of risky
- 9:08because you know someone else is doing the work, You're paying
- 9:10them to do the work, right? Whereas if I did it, I would be
- 9:12making all that money. And you know, it's scary when
- 9:17you're an entrepreneur starting out and you want to make sure
- 9:19that things work. But what it what it did was let
- 9:22me really focus on all the other things that it takes to start a
- 9:26business, right? So I wasn't sucked in the weeds
- 9:28with client work. And in fact, after about a year
- 9:31of supporting my former boss, I had to give her a new
- 9:35consultant, which might have broken her heart.
- 9:37But we're still good friends. I'm trying to catch up with her
- 9:40sometime soon, but yeah, yeah. And so how are you finding
- 9:45people to how are you finding people to fill these roles as
- 9:49these? Yeah.
- 9:51Do you know that, Chief of Staffs?
- 9:52Yeah, that's an interesting question.
- 9:54It's it's always been incredibly easy.
- 9:57That's the part of our business model that takes almost no time
- 10:00and effort. It was all through my network.
- 10:04I think for our first few projects, I posted some things
- 10:08online that was like, I was looking for someone who has like
- 10:10a little bit of marketing experience and a little bit of
- 10:12this and a little bit of that. Because as I said, like the
- 10:14chief of staff role looks different everywhere.
- 10:16Sometimes they need to do a bunch of hiring and sometimes
- 10:19they need to do some marketing work, whatever, right?
- 10:22And so now we have a pool of talent that has all of these
- 10:26different things. But at the time it was like, oh,
- 10:28I have this sort of specific need.
- 10:29Let me go like meet like hunt down through my network people
- 10:34who could do it. But what I will say is like
- 10:37very, very quickly we started to amass a pool of talent and
- 10:43people would refer their friends.
- 10:45And it's just never been the hard part for us, I think for a
- 10:49lot of reasons. 1 You know, there especially before COVID,
- 10:54because we started well before COVID, there just wasn't that
- 10:57much out there that is remote and flexible and part time and
- 11:01pays well and is interesting. There's not that much out there.
- 11:06And so we have so many people who want to do that type of work
- 11:11who are seeking that flexibility who and so it's been great and
- 11:18very, very easy. And in fact, we've had to turn
- 11:20off our applications because we just have so much more supply of
- 11:25talent than, you know, our current demand from clients,
- 11:29which is not insignificant either, but there's just a lot
- 11:32of people who want to do that kind of work.
- 11:34And at what point did you decide, hey, we're going to
- 11:36branch out from just doing sort of the chief of staff role to
- 11:40other types of roles? I would say that was probably
- 11:45four or five years ago. And what happened was our
- 11:48clients just kept coming to us for other things.
- 11:50And so, you know, they were like, oh, do you have ACO or do
- 11:55you have ACFO or do you have this or do you have that?
- 11:57And so, you know, in the past we sort of would just staff things
- 12:02with people who were in the chief of staff bucket, but like
- 12:04I can't staff ACFO role with the chief of staff, right?
- 12:07Like I need someone who's been ACFO before.
- 12:10So yeah, it was really in, in response to client needs and,
- 12:15and I'm really glad we were so niche in the beginning because
- 12:18it allowed us to really like get a foothold.
- 12:21And we were the the first and only people in that business
- 12:24when we started for a long time. Now there are some other folks
- 12:28who do it, but again we've sort of broadened our scope and and
- 12:31work in other positions now. And So what are all the
- 12:34positions that you're able to help fill?
- 12:36Yeah. So we do Chief of Staff.
- 12:39We do associate Chief of Staff, which is, I would say it sits
- 12:44somewhere between an EA and a Chief of staff, like a little
- 12:47bit more of a project manager. We don't do executive assistant
- 12:51and that's a deliberate decision, but we partner with a
- 12:54lot of agencies that do. So when people have that need,
- 12:57we have great resources to send them to.
- 12:59I just think it's a real different profile of candidate
- 13:03than than the folks we have. So associate Chief of staff,
- 13:07chief of staff, COOCFO integrator, which if you know
- 13:14the EOS, it's an entrepreneurial operating system.
- 13:19It's very similar to a chief of staff.
- 13:20They just use very specific framework in lingo and
- 13:23technology and whatnot, an HR business partner, which is sort
- 13:28of just an HR generalist who can do any number of things that
- 13:32that people are looking for. So those are the roles that we
- 13:34place. We have in the past also done
- 13:36some interim executive, executive directors at
- 13:39nonprofits and things like that. So people can come to us with
- 13:43things that are outside the scope of that, but but those are
- 13:46really the ones that we focus on.
- 13:48And when you're placing somebody into a position, are they like a
- 13:521099 contractor for them or they AW2 for you and then you build a
- 13:57client, How does sort of the the back office work?
- 14:00So the people who work with clients are 1090 nines for us
- 14:03and then we are the 1099 that contracts with the company.
- 14:07So the the company works through V chief and then we contract out
- 14:11with with our consultants and then we also have like our
- 14:15central team is W2. Gotcha.
- 14:19So what industries do you serve? What's the typical company
- 14:24profile look like? They're between, I don't know,
- 14:27X&Y headcount or N in Z in revenue.
- 14:32Like paint a picture for it. She's a good fit.
- 14:34Well, what's interesting is there's an enormously wide range
- 14:38in terms of size. Like we have worked with
- 14:40solopreneurs and we have worked with multinational corporations.
- 14:45I would say our typical client is on the smaller side.
- 14:50Often they will start at maybe a million in revenue, but into the
- 14:54hundreds of millions. And the industries that we are
- 15:00in are pretty varied. Actually we started very heavily
- 15:04in education and nonprofit. No surprise because those are
- 15:07the industries I was coming out of.
- 15:10We started very quickly working with a lot of service based
- 15:15small businesses, things like marketing businesses or
- 15:20executive search businesses or other things that were really
- 15:23founder driven and the founder just got overwhelmed and needed
- 15:27so a right hand person. We now do quite a lot in a wide
- 15:33variety of other industries. Healthcare is 1.
- 15:35We do a lot in, we've done some Consumer Packaged Goods.
- 15:39I mean, you name it. It's kind of across the board.
- 15:41My philosophy is like, it's really a role that can be
- 15:45industry agnostic. Like you don't always need a lot
- 15:49of industry expertise to be able to jump in, in these like
- 15:53strategic and operational roles. I mean, sometimes you do and
- 15:57sometimes people have come to us and been like, we need someone
- 15:59who's been in biotech and sometimes we have that and
- 16:03sometimes we don't, right. So we're candid with clients
- 16:06about like this is what we have in our pool and either it works
- 16:10or it doesn't. So let's talk a little bit more
- 16:13about that. I'm curious how you approach
- 16:16matching clients with the right executive talent, especially in
- 16:22what I understand, it's a pretty short time frame.
- 16:24A lot of times you're able to turn this around in a week or
- 16:26so. Yeah, yeah.
- 16:28So the first thing we do and that and that time frame has
- 16:31decreased over time I would say. But we've always been pretty
- 16:34quick, but we are leveraging a lot more technology to do it
- 16:37than we used to. So we start with an intake call
- 16:41with a client where they will share all of the things that are
- 16:44on their plate that they want our person to to take over.
- 16:48And sometimes that's, you know, just like one big project and
- 16:50sometimes it's 15 different little things, right.
- 16:53And so we think about, and we talked with the client about
- 16:56like what are the most important functional expertise areas?
- 17:00So like, do you want someone who has HR background or finance or
- 17:04you know, whatever sort of ties in more with their functional
- 17:08needs? And you know, for some roles
- 17:11it's obvious, right? Like ACFO needs a financial
- 17:13background, but in the chief of staff or even in the COO role,
- 17:17like you'll see a deeper need in one functional area or another.
- 17:22So that's one piece of the matching.
- 17:24The other piece of the matching is industry background.
- 17:26So where there is a match, we will make one.
- 17:30If they want someone who has a background in healthcare or in
- 17:33education or whatever it is a We have people from a lot of
- 17:37different industries in our talent pool.
- 17:40And then we also think about time zone, if that's important
- 17:44to the client. Most of our clients and most of
- 17:47our consultants are based in the US, but occasionally there are
- 17:50exceptions to that rule. So we just try to be thoughtful
- 17:53about that. And sometimes it matters.
- 17:55Rarely once in a while we'll do some work in person.
- 17:58So if people are like, I need someone who can come into the
- 18:00office like that will very much limit the pool of candidates
- 18:04they have 'cause our people are all over right?
- 18:05But and then the other thing is really sort of personality and
- 18:13work style and how do we think these people will work together?
- 18:17And so as I said, we have started leveraging a lot more
- 18:21technology in terms of, you know, using AI to observe the
- 18:26meetings, put together the scope of work with us, for us.
- 18:32And so that kind of thing, what used to take our, our, our
- 18:36business development people like a couple hours to pull together.
- 18:39Now a machine does it and it doesn't take any time, right.
- 18:42And then we also have invested in systems that we use Zoho, but
- 18:48it, it is both our CRM system and our applicant tracking
- 18:51system. And then we created a custom
- 18:53module that takes the information from the CRM and the
- 18:56information about our talent and says, OK, you're looking for
- 18:59someone with an education, education background who has
- 19:03done a lot of hiring and who, you know, like XYZ, right?
- 19:08And then it'll give you the list of people and how good of a
- 19:11match they are. So the machine comes up with,
- 19:14here's your initial best set of people.
- 19:17And then the humans look through and say, OK, who do I think
- 19:21based on what I know about these people would be a good match?
- 19:25So there is still a human touch to it, but it's much more
- 19:31technology enabled. And I think the reason we can do
- 19:34it so fast is because we have the pool of talent already
- 19:37built. Like we've done the vetting.
- 19:38We, we don't have to go search for Joe Schmo, who's, you know,
- 19:42a healthcare consultant who has done whatever, like we found Joe
- 19:45Schmo a while ago. We just have to say, hey, Joe,
- 19:47are you interested in this project?
- 19:49And what is Joe doing in the meantime when Joe Schmo doesn't
- 19:53have a project? Is he retired?
- 19:56Feet up on, you know, a beach chair.
- 19:59So what I would say is our typical client profile or
- 20:02consultant profile is people who have come out of W to work.
- 20:05So they used to work, you know, for businesses and they want to
- 20:09work for themselves. And so often they have their own
- 20:13consulting business. All of our consultants have LLCS
- 20:16and liability insurance. And so often they're doing this
- 20:20type of work with other people already, and some of them work
- 20:23with us because they don't. Love business development or
- 20:26they're not good at it, they don't wanna do it.
- 20:28And so we take that piece of the equation for them.
- 20:31Sometimes they're just starting out and so they just don't have
- 20:34a network of clients yet. And we know that sometimes that
- 20:37means that over time we'll lose them if they like go off and
- 20:41build their own practice and they don't have time for be
- 20:43cheap clients anymore. What's interesting is people
- 20:46flow in and out of it, right? So sometimes because it's the
- 20:49nature of consulting work, right?
- 20:50Like, oh, I have a lot of time now.
- 20:52I don't have a lot of time now. And now before it used to be a
- 20:56lot of like people reaching out like, oh, I have some time or
- 20:59what, right? And now it's all in the
- 21:02machines, right? And people fill out like this is
- 21:04how much hours a month I have available right now, etcetera.
- 21:07So we can see immediately if Joe has, you know, 20 hours a week
- 21:11or five or none. So Joe is going and updating
- 21:15that on a somewhat regular basis.
- 21:18Yeah. And you guys have built some
- 21:20layer of AI on top of all the data that you're keeping track
- 21:24of inside of Zoho. And so you can use the AI
- 21:28component that you've built to sort of query your systems.
- 21:31Like, oh, we need somebody who's got, you know, online marketing
- 21:35experience and, you know, experience with this particular
- 21:39CRM, you know, check these boxes.
- 21:41And it's like, oh, here's 7 people that meet that criteria.
- 21:45Now a human can go through them and look and say, OK, these are
- 21:48the ones I think are worth a conversation.
- 21:50Exactly. And then we send to our clients
- 21:54a handful of candidates because at the end of the day, I want
- 21:58the consultant, the client picking the consultant because
- 22:01then they have more buy in. Like this is the person that I
- 22:04chose, this is who I want. I just think there's something
- 22:08to be said for that. Yeah.
- 22:10Give them some options. Yeah, Say more about the
- 22:15importance of work life balance as it pertains to what you guys
- 22:19are doing there. Yeah.
- 22:20Well, I mean, here's the thing. I think you and I both know lots
- 22:25of entrepreneurs who just work all of the time, right?
- 22:30And there's some hustle culture where people think they're like,
- 22:35they have to work 60 or 80 hours a week to get their thing going
- 22:40or to make it scale and thrive. And my thought and belief and
- 22:48philosophy is that that is, is false and imaginary and that if
- 22:55we are spending our time well, we can stay focused where we can
- 22:59have the most impacts and let other things go to other people,
- 23:04right? And so at what we do for clients
- 23:07is give them the person who they can give all of their other
- 23:10things to, right? When they look at their To Do
- 23:12List and they're like, this is not one of my priorities.
- 23:15This is not my one of my priorities, but doesn't mean it
- 23:16doesn't need to happen, right, But that they can farm off to
- 23:20other people. And the nice thing I think about
- 23:23like work life balance as it pertains to our consultants is
- 23:28our work is flexible and it's part time, right?
- 23:33And so the consultants can do the work when and how they want,
- 23:37right? If you have kids in school and
- 23:39you want to be free every afternoon between 3:00 PM and
- 23:428:00 PM, you can do that. You can do the work before that,
- 23:45you can do the work after that. And so I think it is one of the
- 23:49reasons that we never have trouble finding client, I mean
- 23:54consultants. And it's the reason that clients
- 23:57love us because we take things off their plate that they would
- 24:00otherwise be doing. And then they're like, Oh my
- 24:02God, I've seen the leg. I don't have to do it all.
- 24:05It's so everybody ends up with better work life balance, right?
- 24:09And I think actually it's very much the way that the workplace
- 24:12is going in general. Like there's so much more of
- 24:14this, you know, like fractional was not a thing that people
- 24:18talked about. I mean, yes, there were
- 24:19consultants doing work, but there's whole industry that's
- 24:22been built up around it. And I think it's a really,
- 24:27really beautiful thing because I think when people take a step
- 24:31back and spend less time working and and more deliberate time
- 24:37that is thoughtful, that is not just like endless emails and
- 24:42endless meetings back-to-back all day every day.
- 24:45I think they they can really focus not only on like the
- 24:49things they're good at at work, but the things that actually
- 24:52matter in life, which by and large is not work in my opinion.
- 24:57Not that it doesn't matter, but you know what I mean.
- 24:59Yeah, Maddie, when you're talking to a prospective client,
- 25:01what's the biggest objection or hurdle that you typically have
- 25:05to overcome? I think there's they come in a
- 25:10couple different varieties. 1 is like, oh, it's going to take
- 25:13just as much time to teach someone else to do this as I do
- 25:17it right. So it's like a hesitation to
- 25:19delegate. And I would say it actually
- 25:21isn't when you get to the root cause about like how much time
- 25:27it will take. It's like, are they mentally
- 25:29willing to let go of things, right?
- 25:31There is some piece of us that is either sort of feels a need
- 25:36to keep things because of a lack of trust or because like a
- 25:39little bit of a piece of ego that is like, this is me and
- 25:42this is my company and I need to hold all of the pieces, right?
- 25:46So there's some people that struggle to delegate.
- 25:50And then I think the other piece sometimes is financial, right?
- 25:53Especially if we're working with small businesses.
- 25:56Amusingly, as we look at different industries, like the,
- 26:01the most sensitive are often the like scrappy startup businesses,
- 26:06right? I would have thought it might be
- 26:08non profits but turns out that's not the case.
- 26:13Small entrepreneurs, right? They've had this scrap, scrap
- 26:16save for, you know, everything that they've got.
- 26:19And the idea of giving up a few of those dollars, they, they
- 26:22think I'll just continue working harder.
- 26:24I'll just put in longer hours and save.
- 26:26Them right, and I think people don't always prioritize
- 26:28themselves and like their own mental health and they're like,
- 26:31I can just do more and more and more.
- 26:33But the reality is if you like do you can still do more and
- 26:37more and more. But like let's have it focused
- 26:38where you, you are driving the business forward instead of just
- 26:42more chunk work along the way that's not really moving the
- 26:45needle. Sometimes specific stories can
- 26:49really help people wrap their brains around what you do and
- 26:54how effective it is. Can you think of 1 client's
- 26:57story, a case study where maybe without mentioning names, you
- 27:00could be like, here was the situation before, here's what
- 27:04you know, when we placed our executive, what we were able to
- 27:07help them do and So what it here's what it looks like kind
- 27:09of afterwards. Yeah.
- 27:12So we were working with a leader at a nonprofit organization.
- 27:19He was new to his role. He didn't have a chief of staff
- 27:22assigned to him. But in his old role, he had had
- 27:24a chief of staff. So he knew the wonders of a
- 27:26chief of staff. But like, it wasn't in their
- 27:29budget cycle to get him a new chief of staff.
- 27:31But he's like, I need something, right?
- 27:33And so he's like, I'm just going to do this for like 6 months
- 27:37until our next budget cycle and then I'm going to hire a full
- 27:39time chief of staff. We're like great, perfect.
- 27:41So we jump in. We're doing a bunch of work for
- 27:44him. Budget cycle comes around.
- 27:48They do get the budget for their chief of staff.
- 27:51They decide to hire our chief of staff.
- 27:52So we do have a like conversion program where they can pay us
- 27:56basically an executive search fee and they can keep their
- 27:58person. But what was interesting about
- 28:01it was he saw so much value in the program that they also had
- 28:05like a director of finance role that was open.
- 28:07So he's like, I need one of those please.
- 28:09And then like 5 different people in his organization were like,
- 28:13oh, I have this gap in talent. I have this gap and talent and
- 28:17so they have been a client for years and years and years, but
- 28:20with so many different engagements because like they
- 28:24fill one need and then they're like, oh, I have another need
- 28:27and I have another need. And I think what's nice about
- 28:30our model is that we can be there for a shorter as long as
- 28:34you need, right? Like we don't lock people into
- 28:36any long term contracts. It's all month to month, but we
- 28:40have so many clients who sort of boomerang in that way.
- 28:43And what I love about that is like you're really meeting this
- 28:46immediate need that an organization has and you might
- 28:52not be the long term solution forever, right?
- 28:55Like fractional, fractional support or interim support is
- 28:58like, by its nature, not necessarily a forever solution,
- 29:02but like we can keep coming back and coming back.
- 29:06And, you know, then they tell their friends about us or other
- 29:09things like that because they're having a great experience with
- 29:13their consultant. How often do you see clients?
- 29:16Sort of treat this as like drive before you buy kind of a thing.
- 29:21Like like, let me let me like, like, yeah, let me take this
- 29:26fractional on for a few months and see how they work out.
- 29:28And then it's like, oh, we love this person or OK, you have
- 29:32filled our need. Not quite the right person long
- 29:34term. We're going to move on.
- 29:36Like how often do people sort of convert into that like
- 29:38executive? I mean, I don't have the hard
- 29:41numbers in front of me. If I had to guess based on my
- 29:43experience, it's probably somewhere between 5 and 10%.
- 29:47OK, what I think it often happens and, and actually that
- 29:50was one of our like challenging points in the early days because
- 29:54we didn't have a high enough conversion fee that made it feel
- 29:57worth it, right? Like we were sad that that
- 29:59person left because they were like such a valuable part of our
- 30:02talent pool. And we're like, maybe I would do
- 30:05that differently now. We feel fine about it.
- 30:07Like it feels like it works out for everyone because it that,
- 30:10you know, if you had to go pay an executive search fee, this is
- 30:13like that, but you also get to try your person 1st and make
- 30:16sure it's a good fit, right? So in some ways I think that
- 30:20that it's great for that. And, and sometimes they don't
- 30:24hire our person and we take no offense to that.
- 30:26Sometimes our person doesn't want to be hired, right?
- 30:28Like sometimes they're like, no, I want to do this consultant
- 30:31thing forever. And so sometimes we play the
- 30:34role of helping them find that person, right?
- 30:36We'll write the job description, we'll do the interviews with
- 30:39whatever we're like preparing to replace ourselves.
- 30:42And we actually feel fine about that too, because ultimately we
- 30:45know, like we want clients who are here because they need us in
- 30:48this moment. And if they don't, they might
- 30:51need us later. Or they can tell other people
- 30:53about us. What growth strategy has been
- 30:56most effective for you, Maddie? I think the growth strategy that
- 31:01has stood with us through time is referrals.
- 31:05I think that's true for so many businesses, right?
- 31:07But I think the level of service that we provide often surprises
- 31:14people. And they're like, wow, I didn't
- 31:16expect this person to be able to come in and like work so
- 31:19autonomously so quickly and add so much value immediately.
- 31:23And So what that does is get people excited about what you
- 31:27offer and get them excited to talk to their friends about it.
- 31:31So we have had a lot of people who have referred a handful of
- 31:36people. We've had some champions who
- 31:38have referred us like non-stop all the time, which feels really
- 31:42great and amazing. We have a partnership program
- 31:45that is sort of burgeoning with both clients of ours, but also
- 31:50other people who serve similar clients in different ways than
- 31:53we do. And so we look to ways to
- 31:58highlight each other's work. Actually just did a, a webinar
- 32:02with, we work with a bunch of charter schools and they provide
- 32:05insurance to charter schools. And so we did a webinar together
- 32:08because often like the chief of staff is the person who is like
- 32:11looking for insurance policies or helping with the renewal
- 32:14thing or whatever, right? So like, it doesn't seem like a
- 32:16natural immediate like, oh, why would you be partnering with
- 32:19them? But it turns out to be a, a
- 32:21really good fit. And you know, it's interesting,
- 32:26we have in recent years like really devoted more resources
- 32:32towards marketing, right? Like before it was all organic
- 32:35and now we're more strategic. So we, we do more paid marketing
- 32:39and other things like that. And I will say, I think our
- 32:42marketing team is doing a really great job of figuring out how
- 32:47traditional SEO does not apply in the same way to ending up in
- 32:53ChatGPT and other AI searches. And so just constantly thinking
- 32:58about what that means in terms of putting ourselves out there
- 33:01in different media ways. Like they're like, you need to
- 33:05be on video all the time, which I find a little bit cringy into.
- 33:08I mean, I love about going on podcasts.
- 33:10I'm having to talk to people, but I I'm not always the
- 33:14favorite of watching myself in these videos and they're like
- 33:17make me more videos. Almost nobody is, I'll tell you,
- 33:20a rare exception is my 9 year old son who his favorite thing
- 33:25is to look at himself. We'll be walking down the
- 33:27street. He'll see his reflection in one
- 33:29of the store like windows and and he'll run into people
- 33:33because he's checking himself out.
- 33:34But by and large, and I've done hundreds of these interviews, I
- 33:37talked to almost everybody like, oh, I don't like to hear myself,
- 33:41I don't like to see myself. So you're not alone there.
- 33:44So one of the interesting things you, you talked about is
- 33:47something I've, I've actually been really curious about is
- 33:49this sort of switch from traditional search engine
- 33:52optimization, right? Like lots of strategies that
- 33:55have existed for years about how to get yourself to the top of
- 33:58the Google ranking. So when somebody searches for,
- 34:00you know, whatever the, the term is fractional CFO, like you're
- 34:05coming up at, at the, the top of the, but now so many people are
- 34:09starting their searches in ChatGPT or in Claude or, you
- 34:12know, any of the Gemini, any of the other tools.
- 34:15And so how can it, how is it that you can show up inside of
- 34:18those resources? And this is something that you
- 34:20guys have been working on. Well, our marketing people have.
- 34:23OK. I will not say like we're the
- 34:25experts, but what I will say is what what they have conveyed to
- 34:29me is that the more places that you are showing up external to
- 34:35your own website, right? Like before it was about like
- 34:37optimizing your headers and certain key phrases in your
- 34:40website, right? But now it's like, where are you
- 34:42showing up that is not your website?
- 34:44Like what are the reliable other sources and how do you put more
- 34:50of that out there, right? And, and video especially,
- 34:53right? So you can't just put up a bunch
- 34:55of videos on your YouTube. You have to like, go on podcasts
- 34:59or like have your articles in Ink magazine or whatever it is,
- 35:02right? And so we're trying to do more
- 35:06of that. OK.
- 35:08Yeah, I'm sure there's a lot more expertise behind it.
- 35:11This is like the dumbed down version.
- 35:13You've we've get, you understand that on a high level, it's like,
- 35:15OK, this is the path that we're going.
- 35:17I'll let the experts work on it. I've got other fish to fry.
- 35:20What's been the biggest hurdle to your growth?
- 35:25The biggest hurdle to our growth, I mean, I think it's
- 35:27always been finding clients, right?
- 35:31Finding talent has never been a bottleneck for us.
- 35:35It's finding client. You know, I think we've done a
- 35:40good job at inbound leads, right?
- 35:44When people find us and we do a really good job of sort of
- 35:48converting them. Our sales are good, right,
- 35:50because we have a great product and it's easy to sell.
- 35:53And I would say our marketing has become much more
- 35:56sophisticated. Like we didn't even have a
- 35:58marketing team for a long time. But you know, it's like it's
- 36:04only so predictable, right? Like you're putting stuff out
- 36:07there, you want people to come your way, and sometimes you have
- 36:12to work a lot harder for a lot fewer leads.
- 36:16And we have gone through, you know, like we went on this
- 36:19really rapid growth trajectory and then things slowed down a
- 36:23little bit and then they picked up again and then they slowed
- 36:25down. And like you sort of before you
- 36:28get into this entrepreneurial world, you just think you're
- 36:30just going to sort of consistently grow, right?
- 36:32And then I think you have to accept that sometimes market
- 36:36forces make everybody's, you know, like budgets tighter.
- 36:44And so, you know, you just have to fill the top of the pipeline
- 36:49a lot more to get the same number to come out the bottom,
- 36:52right. And so that I think is is the
- 36:57hardest thing. Yeah.
- 36:59So what What have been sort of the triggers for the down parts
- 37:04of your cycles as well as the up parts?
- 37:07Like I'm going to guess, you know, I talked to a lot of
- 37:09people in kind of the staffing space and a lot of people are
- 37:12down, right. The economy is slowing down.
- 37:14We've got uncertainty with tariffs, government shutdown
- 37:18just recently, a lot of uncertainty there.
- 37:21And so a lot of staffing companies are suffering COVID.
- 37:24Depending on the kind of staffing company you had, you
- 37:27went one way or the other very quickly.
- 37:29What, what are some, what are you saying?
- 37:31What are what are sort of the levers that that have been
- 37:33moving for you? I mean our first big growth was
- 37:37right after COVID. So things went dead in like
- 37:41March through June of that year. And then it was like, so that
- 37:46was both like a down and an up for us.
- 37:50I would say we have generally followed the, the trend of, of
- 37:54staffing agencies just from what we've seen, like we were down in
- 37:592023 and then up in 2024 and then back down so far this year.
- 38:04Often we I think are well positioned for when there is a
- 38:10lot of churn in the labor market when companies are like, I'm not
- 38:15so sure about full time hiring. I've, I've let these people go
- 38:18and I, but this work still needs to get done.
- 38:21And so we are a good solution in those moments, in moments of
- 38:25economic uncertainty, but you have to be enough.
- 38:28Like there can be some uncertainty, but there has to be
- 38:31some hope that you're coming out of the uncertainty, right?
- 38:34Like if you're in this uncertainty that people still
- 38:36think is going to go down more, we don't do well in those
- 38:41moments. And I think that's where we are
- 38:42right now. I think people are really
- 38:44worried that that there is a deeper recession coming, whether
- 38:47it is or not. Like there's just so much
- 38:48uncertainty. And some industries are more
- 38:53immune to that than others, right?
- 38:55And some industries are less cost sensitive than others and
- 38:59things like that. And so we have had to think
- 39:01about diversifying the industries that we work with and
- 39:05have more like deliberate marketing campaigns to specific
- 39:09industries, right? Like we'll always have a lot of
- 39:11education and nonprofit because we are so deep in that world
- 39:14that like the referrals will just keep coming forever.
- 39:18But in places where we're newer or we want to build more of a
- 39:24reputation, it just takes a lot more marketing dollars going
- 39:29that direction, more people time, building relationships in
- 39:33those spaces, etcetera. And so, you know, I think we
- 39:38have to be thoughtful about about how we approach that and
- 39:41how we spend our limited marketing budget and people time
- 39:46and budget. Yeah.
- 39:48What are some industries that you'd like to grow into that
- 39:51you're? Experiencing now?
- 39:53Well, I think I, we have, we have gotten a decent foothold in
- 40:00healthcare and we are building our, our pool of talent in that
- 40:04space. So I would love to just go real
- 40:06much deeper in healthcare because I think there that is a
- 40:11space where there's always, always more need and some
- 40:15interesting sort of industry changes there, I think.
- 40:19We have had some luck in certain parts of tech.
- 40:22So Ed tech is a space that we've worked a decent amount in.
- 40:26But I would say like the broader tech sector, I would love to.
- 40:30I think we have a lot of ways that we could support them in
- 40:34particular. So those are just a couple that
- 40:38come top of mine. Any thought to expand the
- 40:42services that you're offering or does this kind of feel like you
- 40:45are where you want to be? You know, it's interesting.
- 40:49And we always have this conversation.
- 40:51Should we do this? Should we do that?
- 40:52And I was just having a conversation with a friend of
- 40:57mine who is a lawyer and she is like, there are so many like new
- 41:02law firms, like these lawyers will come out of big firms.
- 41:05They're like, I'm going to start my own thing by themselves or
- 41:07with one or two other people and they don't know anything about
- 41:10running a business. They, they're great lawyers and
- 41:12they don't know about like insurance or office space or
- 41:17this or that over like ACRM system or a billing system.
- 41:20And so like she's like, you could do some really amazing
- 41:24work with lawyers who are coming out of that space, right?
- 41:26And we've worked with a handful of lawyers, whatever.
- 41:28But and then I was like, you know what, I think there are
- 41:32other industries where that is also true.
- 41:33So for example, there's this growth in the concierge medicine
- 41:38field. So there's all these doctors who
- 41:40are like, I'm going to go out on my own and do my own thing
- 41:42because I'm sick of the healthcare system And I just
- 41:44want to charge my clients. I'm like flat monthly fee, but
- 41:47they're good at being doctors. They're not good at running a
- 41:49business. And so and I have a friend who
- 41:52is a Doctor Who's thinking about launching A concierge thing.
- 41:55And I was like, do we have any people who know how to do this?
- 41:57Because I don't know always what our talent pool is full of.
- 42:00And my team is like, yes, we absolutely have people who do
- 42:02that. So I just think as it relates to
- 42:07like what new roles we will offer, I think that will evolve
- 42:11over time, right? Like we've had conversations
- 42:14about all sorts of things like should we go into marketing or
- 42:17sales or what's it called more deliberately into fundraising.
- 42:25We do a little bit of fundraising now.
- 42:28So I mean, I think it will probably be a little bit driven
- 42:32by what clients are asking us for.
- 42:35I also just think our wheelhouse is very much in strategy and
- 42:38operations, which is not to say like I was real gun shy about
- 42:41the CFO before we started. I was like, gosh, I don't know,
- 42:45like that feels risky because they're running money.
- 42:47You want them to like know what they're doing.
- 42:49But it turns out we're just real good at finding great talent,
- 42:52right? And and great CFOs also want
- 42:55flexibility. So you know, there, there will
- 42:59be people who are, who are great fits on the talent side.
- 43:03And when you have the talent, it's not that hard to find the
- 43:05clients. So you know.
- 43:08Let's shift gears, Maddie. Whether it's personal or
- 43:11professional, I would like for you to pick a a big serious
- 43:14challenge that you've overcome in your life.
- 43:17Well, walk us through that. How did you get through it and
- 43:19what did you learn? Yeah, I think the most recent
- 43:25one comes to mind. A couple years ago, I was going
- 43:30through a lot of personal challenge and change.
- 43:34I separated from my husband and it was also at a moment that
- 43:42business was struggling. And so in one week, I had to
- 43:47like have really, really hard conversations with my husband at
- 43:54the time and also had to lay people off at work.
- 43:59And I was like, does it get any worse than this?
- 44:04And I suddenly became a single parent.
- 44:08And I, I mean, thank goodness my kids are old enough, they're
- 44:14teenagers now that it wasn't, you know, like as hard as it
- 44:19could have been, but it, it's incredibly difficult to all of a
- 44:24sudden be the only one who is supporting your children both
- 44:28like financially, but also with their emotional health on a
- 44:34day-to-day basis when they are also experiencing like the loss
- 44:39of having a parent on a regular basis.
- 44:42Right. And it was a moment that I
- 44:46really had to reflect and step back.
- 44:48And I actually took a step away from Vici and I decided to take
- 44:53a leave of absence. And I, I was really fortunate
- 44:57that we had built up our bench of internal talent running the
- 45:01organization that I had president of our organization
- 45:06that I could just say, I, I need you to run this thing.
- 45:09I, I got to just step away. I got to focus on my kids.
- 45:13And I thought it would just be for the summer.
- 45:17And then I, I decided not to step back in in the same way
- 45:23that I was before. And, and that lasted a long
- 45:27time. And in fact, I still haven't
- 45:29quite stepped back in the way that I was leading the
- 45:32organization before. I'm still in a leadership role.
- 45:35I'm still doing work, Obviously, I'm still doing podcasts, but
- 45:39I'm not managing the day-to-day and the business.
- 45:42And in some ways, like I think it was a great opportunity to
- 45:48give my Co CEOA chance to shine, right, a chance to lean in and
- 45:54step up. And she's she has historically
- 45:56been an incredible leader and she took the reins and she ran
- 46:00with it. And she has she has exceeded all
- 46:03of my expectations. But it's hard to do that in a
- 46:07moment that business is struggling, right?
- 46:11I think it would have been easier to say, I'm going to take
- 46:13a step back when like business is growing and booming and
- 46:18great, right? I have to lay people off and
- 46:20then I'm like NPS, I'm out of here for a little minute.
- 46:24And I think like the benefit of having a really great team
- 46:28culture where people really care about each other as humans 1st
- 46:34and as team member second meant that like everybody understood
- 46:39everybody was great about it. Did it make things hard?
- 46:43Yes, yes, it did. And you know, I think I also
- 46:46spent some time thinking about like, what do I want to do?
- 46:50Like, what is my next chapter? Am I going to keep running
- 46:52Beachy forever? Do I have all these other dreams
- 46:55and ideas? And you know, once you, you do
- 46:57the entrepreneurial thing, once you get the bug and then you
- 46:59have other ideas and you're like, oh, shiny thing, maybe
- 47:02I'll go do that. I, I became a yoga teacher.
- 47:05I started playing hockey. I'm learning the banjo like I
- 47:08have, I have a serious pottery habit, right?
- 47:11So like I was having, I was finding joy and satisfaction in
- 47:17places outside of work in addition to just all of the
- 47:20heavy, heavy lifting and, and difficult times with the
- 47:23parenting. And now I think we've come back
- 47:25to a happy medium where I am leaning in ways that are both
- 47:30beneficial for, you know, keeping the business moving
- 47:33forward, gaining awareness and building relationships and
- 47:38things like that. And I'm still not running like
- 47:41the day-to-day of the the meat and potatoes of the business
- 47:45because we've built up an amazing, amazing team and we
- 47:49have all the right people in all the right seats and it feels
- 47:52really good. And yeah, they are working
- 47:55harder than ever. And you know, it's hard when
- 48:01you're still not growing, you know, like you grow, grow, grow
- 48:04and then you think you're going to grow forever and then you
- 48:06don't. But you weather the storm and
- 48:07then you'll be ready to to, to grow on the other side when when
- 48:11things ease up. So.
- 48:12So what you described there, Maddie is, is like a pretty
- 48:16powerful 1-2 punch, like either one of those things or it's
- 48:20separating from your spouse or business struggling is enough to
- 48:25bring a mere mortal to their knees.
- 48:27And you had them happen simultaneous.
- 48:30You know, in my experience, if there's a tornado in one aspect
- 48:36of your life, but you have some peace, stability and
- 48:39predictability and another aspect, there's at least a place
- 48:43for you to go to feel safer, right?
- 48:45To feel like I've got it over here, right?
- 48:49Like I, I matter over here. I got my arms around this.
- 48:53Your your whole world was chaos at this time.
- 48:57Who were you going to? Who supported you?
- 49:01How did you get through this time?
- 49:03Yeah, yeah, I think a few different people. 1 is my
- 49:06therapist. God bless the therapist.
- 49:11I yeah, I can't say enough about therapy.
- 49:14I've also, throughout my entire journey of V Chief had an
- 49:18incredible executive coach who I just happened to fall into
- 49:22through a relationship at Teach for America.
- 49:25And she was, she was doing this like outplacement consulting for
- 49:31TFA did around the layoffs. And she was working with my
- 49:34team. And I was like, well, I'm just
- 49:35going to meet with her and maybe she'll have ideas for how to
- 49:38like market my new business on LinkedIn or whatever.
- 49:41And she just ended up being an amazing resource both to just
- 49:46like build up my self-confidence as I was starting this business,
- 49:50but also like practical, tactical things that were really
- 49:54helpful along the way. And she has been a cheerleader
- 49:57for me ever since then, including when I was going
- 50:00through some really, really hard times.
- 50:02And then I would just say like certain members of my team I've
- 50:06been really close with, and also I have an incredible chosen
- 50:10family and my mom's amazing. She just moved to Madison.
- 50:14She's not in great health but it's been amazing having her
- 50:18closer so. And so you gave voice to a
- 50:23couple of things here, which I'm really grateful that you did.
- 50:26You know, 1 is kind of admitting the struggles of the business
- 50:30cycles right up, down, up, down. And right now you're in a down
- 50:33cycle. You know, I, I get the chance to
- 50:35talk to a lot of folks and a lot of times we're really
- 50:38highlighting all the good stuff, right?
- 50:40And so people hear stories and they're like, oh, I'm the only
- 50:42one struggling. Everybody you know that's out
- 50:44there talking is talking about how great things are going.
- 50:48And you guys do have a lot of wonderful things going, right?
- 50:50And you've got such a great base of business and such a great
- 50:53internal team. It's just things aren't where
- 50:57you thought they would be right now.
- 50:59And, and I think it's important that people hear that life has
- 51:04these cycles to it, right? Yeah, it's real weird to be like
- 51:08posting, oh, it just got in the Ink 5000 list for the fifth time
- 51:11and I'm like, but you know, based on three years of growth,
- 51:15I'm like that's we're probably not going to hit that list for a
- 51:18couple more years. But it it just feels, yeah, I
- 51:21think it's helpful to remind people that it's not a straight
- 51:25line. Yeah.
- 51:26And the other thing that you gave voice to and thank you is
- 51:29the importance of therapy. Right when you're going through
- 51:32something difficult, it's it's so important to raise your hand
- 51:37and ask for help, whether that's a professional therapist,
- 51:40whether it's a close friend, a trusted family member, some
- 51:44combination of all the above. When we hold that stuff inside
- 51:48just turns into poison. It's toxic, it eats us, it eats
- 51:52us from the inside out. And so when you find somebody
- 51:55that you can connect with, that you can talk to, that you can
- 51:57unload and, and put this out, you know, of your speak it out
- 52:02of your mind, speak it out of your mouth into the world.
- 52:05It it it lifts the weight off your shoulders.
- 52:08Yeah, Yeah, it does. And I think I, I think it's,
- 52:14it's, I'm also really lucky to have a couple of my best friends
- 52:17are also therapists. So I feel like you have a lot of
- 52:20therapy swirling around me. But there's also just tools that
- 52:23like you realize are applicable to all sorts of relationships,
- 52:28right? Like if you look at attachment
- 52:29theory and if you're like anxiously attached or avoidantly
- 52:32attached, you're like, oh, I see that dynamic not only in my
- 52:35personal life, but also in this business relationship I have or
- 52:38whatever else, right? Like the lessons transcend.
- 52:43So where do you think the overall industry of fractional
- 52:47executive placement is heading? I mean, things are in a downturn
- 52:52right now, but in general, things are in a downturn.
- 52:54But what do you think the overall future curve looks like?
- 52:58Well, you know, I think it's really interesting, right?
- 53:02Fractional is kind of a new word, right?
- 53:04Like, I think this thing has existed often in some form or
- 53:08another. I think it has grown a lot
- 53:11lately for a few different reasons, because I think people
- 53:16are looking for a lot more flexibility in their work,
- 53:20right? There's so many more people who
- 53:21are going out and becoming consultants and other things
- 53:24like that. And people often ask like, who's
- 53:27your biggest competitor? And we do have competitors in
- 53:29specific niches that we're in, but I think our biggest
- 53:32competitor is like just other independent consultants, right?
- 53:35And so it's like what benefit do you bring as a company company
- 53:39that someone doesn't have as an independent contractor, right?
- 53:43Because otherwise everybody just goes to their their friend down
- 53:46the street who they know who is doing the same thing, right?
- 53:48And so I think you have to build this brand awareness that people
- 53:52know and trust what they're going to get when they come to
- 53:54be chief, right or to any agency in particular.
- 54:00So as they think about what that means for the industry, I think
- 54:04there will continue and probably have a growing amount of people
- 54:08doing this on an individual basis, right.
- 54:11And I think that will put pressure on the agencies like
- 54:14ours to really have some proof points and some cases to to show
- 54:21why it makes more sense to go with us than go with someone
- 54:25independent. I think that's one piece of it.
- 54:28I also think it's, I think it's not going to go away no matter
- 54:31what happens in sort of like the market and there being a market
- 54:35downturn or this or that. You know, I think probably
- 54:39things will go a little bit lower before they get better,
- 54:44right. And then I think before the
- 54:46economy fully turns around, I think the staffing industry in a
- 54:50particular fractional staffing will, will ramp up before you
- 54:54see the full. But I think once people see that
- 54:57we're going to get on that upward trajectory, then they
- 55:01start to think about, you know, staffing up for it.
- 55:04They feel confident enough to spend the resources to bring the
- 55:07people in. So, but again, I, I just think
- 55:12we'll continue to be here 'cause there will continue to be needs.
- 55:15Like it's never the, the talent market is just never perfectly
- 55:21alive. Like you're never going to lose
- 55:22someone and get someone new in the same day.
- 55:24There will always be gaps. And so there will always be gap
- 55:27fillers like us. And, and it's not necessarily
- 55:30like people leaving their roles. It might be maternity laser.
- 55:33It might be like, I just need a low level of this forever.
- 55:36But I just don't think those things are fundamentally going
- 55:38to change. And I do think there's a
- 55:40question about like, how does AI change things?
- 55:42That's probably the biggest question mark, right?
- 55:45But I think what we see is like, like, yeah, there is, there is.
- 55:53Well, who knows where the future is going, but I can speak from
- 55:57like our business perspective, like we are using AI in really
- 56:01powerful ways. That means our it takes less
- 56:05time for our people to do things right.
- 56:09But then they are freed up to do things that maybe the machine
- 56:12can't do. There will always be things that
- 56:13the machines can't do. And yeah, they might get better
- 56:16at it and other things like that.
- 56:17And I think it's crazy to ignore AI.
- 56:19I mean, there's so many people who are like, AI is ruining the
- 56:22world. And yes, I think there are many
- 56:24ways that AI is ruining the world that I'm scared about.
- 56:27And I don't like. But I tell people I think is
- 56:30like saying I don't like automobiles because they
- 56:33pollute. Well, yeah, but where would we
- 56:36be without automobile? Like it's happening whether you
- 56:38wanted to or not. So either you can embrace it and
- 56:41use it for good, or ignore it and be left in the dust right in
- 56:44your horse and buggy. Yeah, sticking your head in the
- 56:48sand doesn't really help anything.
- 56:50Yeah. What's your personal superpower?
- 56:54You know, I think the thing that people consistently say about me
- 56:59is I'm incredibly authentic. What you see is what you get.
- 57:03And I'm really open, as you saw, just sharing like my own
- 57:06personal challenges. And I think people really relate
- 57:09to that. So I think I do a really good
- 57:12job of, of seeing other people and of being willing to be seen
- 57:18in ways that, you know, might not align with like, oh, Maddie,
- 57:23is this like big Ink 5000 business leader, whatever.
- 57:26But I'm also like just super real.
- 57:29And I really just love people and I love getting to know
- 57:32people. And so I think a combination of
- 57:35my authenticity and relationship building.
- 57:39Favorite book or podcast that you might recommend to our
- 57:42listeners? I think, you know, I, I think
- 57:48traction is a really great one, like not to get on the EOS train
- 57:52'cause I see pluses and minuses of it.
- 57:54But I think one thing that's great about it is it helps
- 57:59people have a really deliberate framework for how they approach
- 58:05their business in a strategic way and, and setting goals and
- 58:08working towards them and holding people accountable.
- 58:12I think it can be overly prescribed, right?
- 58:14Like I think there's lots of other frameworks that can work
- 58:17well. I'm not like such an EOS person
- 58:19that I think it's the only solution.
- 58:21But I have talked to enough leaders who have said that has
- 58:24been transformational for their business.
- 58:26And that's why I was like, all right, great, let's have some
- 58:28integrators because that feels like something that that's a
- 58:31need out there. Yeah.
- 58:34How about some daily practices or habits that either help you
- 58:38get your day started or keep you on track?
- 58:41Yeah, I work out every single day.
- 58:45I was just sick for a few days and it killed me not to move my
- 58:48body. And and for me, it's not just
- 58:51like the physical benefits of it, it's very much the mental.
- 58:55I just feel like I thrive when I have, you know, the endorphins
- 59:01from from moving my body. And I also feel like health is
- 59:05the most important thing we have.
- 59:07Like if you don't have that, like everything else is for
- 59:11naughty, right? And that doesn't mean that like
- 59:14just because you're in shape or you work out a lot, like you're
- 59:17going to be health, you're not going to die tomorrow, right?
- 59:20But you know, if you want to live a long time, it's probably
- 59:23your best bet to, to get out and work out.
- 59:26And I, I am a yoga teacher and so I teach a few classes a week
- 59:31and it's been really beautiful to sort of build a practice with
- 59:37class members who I see every week.
- 59:39They, my gym talked me into doing chair yoga, which I was
- 59:41not into because I was like, I wanna do the hardcore, like
- 59:44vinyasa flow. We get a really hard workout.
- 59:46I was like, all right, but I love that class so much.
- 59:49My sweet little old people. And they come in and they tell
- 59:51me all these stories and it's just like, it just warms my
- 59:55heart and in so many ways. So exercise is, is the biggest
- 59:59thing. The other thing I will say and
- 1:00:02this is like so random, but I bought an electric flosser
- 1:00:06recently. It's called the slate.
- 1:00:08And this is the one habit I swear I've never been good at
- 1:00:11flossing. I'll floss a lot right before
- 1:00:13and right after I go to the dentist and then I'll go like a
- 1:00:15month without flossing unless I eat a mango or something.
- 1:00:18But now I floss like twice a day.
- 1:00:20I freaking love this thing. I feel like I should start an
- 1:00:22MLM for a life. Selling this flosser and has
- 1:00:26these things that like like rub into your gums.
- 1:00:28It like actually feels good. We'll put your affiliate link in
- 1:00:31the show notes for everybody. I need to get one.
- 1:00:33I'm like, guys tell me I'm like I will.
- 1:00:35I have given them to my children, to my mother in Like
- 1:00:40all of it. Wow, that's impressive.
- 1:00:43All right, Well, it's I don't know.
- 1:00:45And right now, as we're talking, it's like Amazon Prime Day in
- 1:00:49the fall. So I don't maybe that'll be the
- 1:00:51thing I go and search for as soon as we're done here, you
- 1:00:54know, and as you're talking about, you know, the, the yoga
- 1:00:56classes that you get to teach, like kind of reminds me what you
- 1:00:59were saying before, like you still haven't fully stepped back
- 1:01:02into the role that you had before.
- 1:01:04And it sounds like maybe you won't like maybe this is a
- 1:01:08better place for you and and for the business as well.
- 1:01:12Yeah. I mean, I think it's hard not to
- 1:01:15step back in when things feel like, you know, like when you're
- 1:01:19in a down cycle. But I think stepping back in in
- 1:01:23a meaningful way that is not all consuming feels like the right
- 1:01:26call for me. And I just am really grateful
- 1:01:29for my team who is just like next level.
- 1:01:33But I feel like I don't have to, right?
- 1:01:34It feels good to feel like it's in good hands.
- 1:01:38I've just got one more question for you today, Maddie.
- 1:01:41But before I ask it, I want to do three things.
- 1:01:43First of all, everybody who wants to get in touch with
- 1:01:46Maddie or her business, Here's a few ways.
- 1:01:48V Chiefs with an S bechiefs.com is their website.
- 1:01:54You can connect with Madeline Niebauer on LinkedIn.
- 1:01:57We'll have a link to that in the show notes and you can find them
- 1:02:00on a lot of the other socials with the hashtag be Chiefs.
- 1:02:03Again with the S on the end of it.
- 1:02:05And for folks, as a reminder, if you want to get your employees
- 1:02:09more access to benefits that won't hurt them financially and
- 1:02:13carries financial upside for the company, reach out to add back
- 1:02:17benefits.com. Finally, if you'll take just a
- 1:02:20moment to leave us a comment or review on your favorite podcast
- 1:02:24app, you'll hold a special place in our hearts forever.
- 1:02:27So Maddie, last question for you.
- 1:02:29We reconnect one year from today and you're celebrating something
- 1:02:33big. You're super happy.
- 1:02:34What's that big thing you hope to be celebrating one year from
- 1:02:37now? That's such a good question.
- 1:02:42I'm going to go on the personal side for this one if that's OK.
- 1:02:46I have a senior this year and she will be leaving for college,
- 1:02:50so she will have been just settled into college for a month
- 1:02:54or two at this point. And I hope that I will be
- 1:02:56celebrating that she feels like she made the right choice and
- 1:03:00that she's really happy, and that our little family still
- 1:03:04feels complete and happy even with her potentially far away.
- 1:03:09I love that Madeleine Niebauer from V Chief, I want to be the
- 1:03:12first to thank you for sharing both your time and your story
- 1:03:16with us today. I really appreciate it.
- 1:03:18Thanks so much, Anthony. Folks, that's a wrap on another
- 1:03:22episode of the Inspired Stories podcast.
- 1:03:24Thanks for learning with us today.