Latest / The GrowthPro Edge / Coaching Creates Clarity and Momentum | The GrowthPro Edge
Transcript
- 0:00Elizabeth: Welcome to the GrowthPro Edge.
- 0:02We're here to help scale your business, build stronger teams,
- 0:06and sharpen your leadership skills.
- 0:09Chris Moyer, welcome back to the GrowthPro Edge.
- 0:12We're thrilled to have you.
- 0:15Thank you.
- 0:16Appreciate being here.
- 0:17so listen, I wanna get started and talk about the role that mentorship
- 0:22and coaching has played in your life.
- 0:24And your professional life.
- 0:26before we do that, let's introduce you to everyone out there watching.
- 0:32Chris.
- 0:32Tell us a little bit about yourself and all of the things
- 0:36that you're involved with.
- 0:38Yeah, so I am, an owner of Let's Roll Bowling.
- 0:40We have three entertainment centers in Kansas and Arkansas.
- 0:45Michael: I'm also a real estate investor.
- 0:47Have.
- 0:48Single family, multifamily, apartment, complex stuff,
- 0:51and, do that locally as well.
- 0:53And I also, have a W2 job and then a wife, couple kids, and, a whole,
- 0:59circus of, animals here as well.
- 1:01So you've got your hands full.
- 1:03Yes.
- 1:03To say the least.
- 1:06the reason that I wanted to talk to you today about mentorship and coaching is.
- 1:12Elizabeth: I know and you know that we don't know at all.
- 1:17And so that there is value to growing and learning through others
- 1:24and through a coaching program or through a mentorship program.
- 1:30you are somebody that embodies that in such a great way.
- 1:33So I want to begin by asking you.
- 1:39At what point in your career where you're juggling all of
- 1:44the things that you juggle?
- 1:46Michael: Did you first decide you've gotta find a mentor
- 1:50or you've gotta find a coach?
- 1:53Yeah, that was, about three and a half years ago when I joined my real
- 1:57estate mentorship program that I'm in, I still actively involved in today.
- 2:01And we were, we had 11 doors of properties, a couple duplexes
- 2:06and a couple houses, and,
- 2:09Wasn't really making any money, wasn't losing any money, just like was
- 2:12kind of stagnant in this weird spot.
- 2:14decided that I wanted to do more and I didn't know how to do more.
- 2:19I didn't know how to scale, as people say.
- 2:21I didn't know what systems, processes, didn't know anyone with
- 2:24money, to help get along that way.
- 2:26Elizabeth: So I, I joined a group to answer the questions that I
- 2:29had, that I had for myself that I, I didn't know or understand.
- 2:33So this group that you joined provided you an avenue to meet other people who
- 2:42were experiencing the same things, right?
- 2:44Yeah.
- 2:45The mentor that you had, that you, that you cultivated, is that something that
- 2:50was cultivated or you were assigned?
- 2:53Michael: How did that work?
- 2:54Yeah, so I, I joined this group, this real estate group, and you're assigned a coach.
- 2:59So my coach, his name was Chris as well.
- 3:02he was from the Phoenix area.
- 3:04And we get on biweekly calls, give or take a little bit, and just kind of work
- 3:09through that process of, of, there's lots of different things in real estate and
- 3:14different ways to invest in real estate, and kind of just worked through that
- 3:16process and the, and he worked with me and me finding out what I was good at.
- 3:21I wasn't good at what, what route I should take in this investing world and kind
- 3:26of helped me through all that process.
- 3:28'cause at the time I really, I really didn't know it.
- 3:29I didn't know what I didn't know, and he really just helped me along the way.
- 3:34So you were really lucky that you were kind of assigned to somebody that you
- 3:37could develop that mentorship process?
- 3:41Yes, absolutely.
- 3:43And I know that since then, in those three and a half years.
- 3:47You've gone on to become a mentor to others in that real estate group, right?
- 3:53Yeah.
- 3:53I now coach, I have, 12 students across, the, the US that I meet, on
- 3:59that same regular basis and do what, Chris Grant did for me three and a
- 4:02half years ago and help guide them.
- 4:05Down the route that they need to go or, want to go and, and really kinda
- 4:09work through and, and ask the questions that, maybe are a little too tough for
- 4:14a friend to ask or a, a wife to ask, or, or significant other, to work through
- 4:20those things and figure out what's the best path for you moving forward.
- 4:24And, and I've had students that have come into the real estate world.
- 4:27And I've helped them realize that that wasn't the right path for
- 4:30them, quite, quite frankly, So I'm not just there, as somebody that
- 4:34just pushes an agenda or anything.
- 4:36Like, I had an older gentleman that was a student that came in.
- 4:40He was 73 years old, and after about the fifth call we looked
- 4:43at each other and I was like.
- 4:45This isn't for you, man, like this.
- 4:47And he looked at me and he goes, you're a hundred percent right.
- 4:50And, that was really powerful, because, there's, I, I know I, I say this and,
- 4:56I think other people would've just kept on pushing him towards that, that goal
- 5:00that he thought was the right goal.
- 5:02But that goal really changed and we, we got to talking and clarified, well,
- 5:06like, what do you really wanna do at 73?
- 5:09do you really want to dive into.
- 5:11Operating a business in real estate or do you wanna do something
- 5:14a little bit more passive?
- 5:15And, and he decided on something a little bit more passive.
- 5:18So, we're, we're there, not to, coaches are there not to push their agenda.
- 5:23They're there to, or any agenda.
- 5:25They're there to help you clarify where you are today, where you want to go,
- 5:29and then the path on how to get there.
- 5:31Mm-hmm.
- 5:32Absolutely.
- 5:33And as you began to create another business by going into the FEC world and
- 5:42purchasing a couple of locations in Kansas and a location there in Arkansas to start
- 5:50the let's roll brand of bowling centers.
- 5:54Full disclosure, I do work with you and your team at
- 5:58Let's Roll as a Business coach.
- 6:01With y'all.
- 6:02I wanna talk about why did you decide?
- 6:05'cause you're somebody, you've got a W2 job, you have a background in this
- 6:09industry, unlike the real estate industry, that you really didn't have a whole
- 6:14lot of knowledge and background in you.
- 6:16You had a very long background in bowling.
- 6:19Your W2 job is tied to.
- 6:21The bowling world.
- 6:22You used to work at a bowling center, uh, as you were coming
- 6:25up as a, as a young kid.
- 6:27So you, it's not an unfamiliar world to you.
- 6:32Why did you decide that you needed to have a coach to help with the business
- 6:37side, uh, your new centers and locations?
- 6:42Yeah, I, I think for similar, similar reasons in the fact that,
- 6:46yes, I, I know the bowling industry very well and, and all, but there's
- 6:50still lots of things I don't know.
- 6:52And, as when, when we took over existing locations that were 60 plus years
- 6:58old, good run bowling centers, six months in, seven months in, I started
- 7:02to realize that there was, there was a lot here and probably a little bit
- 7:05more than I anticipated, going into it.
- 7:08And I felt like not just me, but my team needed help.
- 7:12we needed clarity, we needed direction.
- 7:15things were good.
- 7:16We were growing fairly quickly, because of the market that we're in.
- 7:20And I started to just see like how on busy days or times that
- 7:27things were taking really long to get done and just, we just had no,
- 7:31Had no structure, I guess is the, is the right word to use.
- 7:34And I wanted to create some, I, I needed some structure for myself to,
- 7:40to, be in the business because of my W2 job and all the other stuff I'm
- 7:43going on that I can't have people just, trying to pull me in every
- 7:46direction when, right when they needed.
- 7:48So we needed some structure.
- 7:49I didn't really know how to create that structure.
- 7:52read some EOS books.
- 7:54Ahead of it before, before reaching out to y'all and, and had an idea.
- 7:58But man, there's just a lot there to try and implement all of it without some help.
- 8:03And that's where y'all came in.
- 8:05'cause we were able to, start slow and build to where we are today
- 8:09and in that structure and now.
- 8:11Now we have a really good business structure that everyone understands,
- 8:14everyone feels comfortable with, and, and it helps all of us owners
- 8:19to be able to see what the business is doing, even on days when we're not
- 8:23in the business or what's going on.
- 8:25we have our nav sheets, we have, we just have this process now
- 8:29that makes life just really easy.
- 8:31to see what's going on.
- 8:32Business isn't easy, never easy, but at least the structure has become
- 8:35easy to, to figure out where we're at, what we're doing, and what
- 8:38everyone else is doing as well.
- 8:41So one of the things that I know is when I'm in something, I'm fully in it, and you
- 8:48can kind of get a tunnel vision mm-hmm.
- 8:51Of the immediate in front of you.
- 8:53And I'm sure you've experienced this on your, when you've got your coach hat
- 8:58on, the value, I wanted you to talk a little bit about the value of having
- 9:02somebody who is not in the day to day being a part of seeing things in a
- 9:11different way and the value of that.
- 9:14Yeah.
- 9:15when you're not in the day to day.
- 9:17The business can pass by really quick.
- 9:20I, I'm not in, I'm not in Wichita all the time to, to be there and, and support.
- 9:27The business from a hands-on perspective, but because of, because of how things
- 9:33are structured, we're able to have meetings, have goals, and have to-dos
- 9:38and, and be able to stay on track and support those people, really well.
- 9:43Even when I'm eight hours away from my house.
- 9:46And, versus, and we do all that in an hour and a half to two
- 9:49hour meeting, biweekly versus.
- 9:53People coming to you every one day needing this and needing that, and then
- 9:58those people not collaborating and not talking, and then, things just end up
- 10:03kind of in shambles, I would say, and just, no, no real direction on where it's
- 10:07going, because those two people aren't talking to each other and then they don't
- 10:11know what you're, they're saying to me.
- 10:13And then it just, it became this, this weird loop of like, nothing
- 10:17ever really was getting done.
- 10:19When we didn't have that structure and, and all that in place to make it happen.
- 10:24Mm-hmm.
- 10:25when you think about being a mentor to others, something that, that you
- 10:32brought up a few minutes ago that I just wanted to circle back to.
- 10:36It's not about making somebody march down a certain way to your agenda
- 10:45as the mentor or as the coach.
- 10:47It's about having those hard conversations and being able to
- 10:54take a different perspective than somebody who's totally in it and
- 10:59helping guide to a destination, right?
- 11:03So when you were talking about the one person that you worked with and having
- 11:09to have that really hard conversation of, this maybe isn't for you.
- 11:14that while it might be uncomfortable in the moment at the end, result of
- 11:19that, right, that that's what it's kind of all about, the end result.
- 11:23I, he was super relieved, quite frankly, after that, he spent three months going
- 11:30through this process and learning some of this stuff, and, and I know, and, and he
- 11:34was never, he was never fully caught up to kind of the plan that's, that's there.
- 11:40And, there's some structure to our coaching and, and kind of
- 11:43some milestones set that way.
- 11:45We know through a half a year coaching or so that.
- 11:49You don't get 12 calls in and you're only in milestone four outta 10, for example.
- 11:53So, but he was always behind on the milestones and everything.
- 11:56And as we slowly kind of peeled back that orange, we realized that, What
- 12:01he thought he wanted in the, in the beginning was not what he needed,
- 12:05what he actually needed at the end.
- 12:07And, every time, it's, it doesn't always end in that situation.
- 12:11A lot of times in my world it's more like, I thought the direction was here
- 12:15and it's actually here, and you go down a different road and, the relief that people
- 12:20have, when you finally get that clarity and you're driving down the right road.
- 12:26Is so nice because like you feel like this w this weight is lifted off your shoulders
- 12:31because you've been worried about it for weeks past, sometimes months past on,
- 12:36man, I don't really like doing that, but my coach said I have to do it, and I, I
- 12:40don't really want to do that, but that's what I have to do to be successful and.
- 12:44It's not, because like, success is whatever you make of it.
- 12:48It's, it's, it's your, it's your metric.
- 12:51It's not my metric.
- 12:52what, what you feel is successful is different than what I feel is
- 12:55success and, and getting out of the head of what other people feel
- 12:59like success is and what success towards you is what makes you happy.
- 13:02And, and that's where, you get to go down that road and it's, it's pretty awesome.
- 13:07when you, when you're looking at somebody and you see that.
- 13:09that just the shoulders relax and like everything just comes in the clarity.
- 13:14And, and that's the dream of being a coach, to get, to get to that point.
- 13:19Yeah.
- 13:20And, and for that person, do you think that, that they would have
- 13:26gotten there or just continue to slug along for 2, 3, 4 years?
- 13:32I think, I think the slug along, and that's the worst, that's the worst thing
- 13:35ever is being, doing something for four years and then realizing four years
- 13:41later, golly, I hate this, that, that would be the, that's the worst thing.
- 13:44we're only here a very short period of time and.
- 13:49Four years in a life of 80 is 5% of your life that you work towards a goal
- 13:55that wasn't even really what you wanted.
- 13:57I mean, that would be, that's terrible to do.
- 13:59So, equally terrible is working four years towards a goal that you want and never
- 14:04being able to figure out how to get there.
- 14:06it is the right goal and, and you, you never spent the time talking to
- 14:10somebody to figure out how, how to get from point A to point m. and so both
- 14:14those things are equally, equally bad.
- 14:16and that's, that's where coaching and having a sounding board and
- 14:20somebody else to talk to really, really gets you over that hump.
- 14:24Hmm.
- 14:24No, and, and, and that is something that I'm still a little shaken by.
- 14:30What you just said.
- 14:31What did you say?
- 14:31Four years out of an 80 year life?
- 14:34No.
- 14:35On an 80 year life is 5% of your life possibly doing something that.
- 14:39You weren't even excited about, that, that you thought was exciting.
- 14:43You got into it and, and because you're, whether you're millions in debt or you're,
- 14:48you promised, you have workers and people who make a living off of you and all that.
- 14:53Like, there is a lot of responsibility and running business.
- 14:55at Let's Roll, right at about 105 employees that depend on us to
- 15:00manage and run a successful business.
- 15:02So there would be nothing worse than if I stood there three years
- 15:06in saying, man, I hate this.
- 15:08because then what does that do for your other a hundred employees
- 15:11and your other owners and all?
- 15:12So.
- 15:13So slugging along for a couple of years is the absolute worst thing,
- 15:17because you're, you're not just pulling yourself down for those four
- 15:20years, but you're pulling whoever else is comes along for the train ride.
- 15:25as well.
- 15:25And that's, and, and the coaching has helped me personally, not do that.
- 15:31And then, I've obviously, done the same thing and helped some others, find that
- 15:35clarity and, and get down the right road, towards whatever their goals might be.
- 15:40I know that you are a prolific.
- 15:44Person who loves to learn.
- 15:47you, you like to be incredibly well informed.
- 15:50You're somebody that anytime that we have a conversation about your business,
- 15:55you are able to pull off, out of the top of your head all sorts of information
- 16:02about, this percentage and that percentage and, and this and that and the other.
- 16:06The metrics are important.
- 16:09Yes.
- 16:10But the, which metrics are actually important, right?
- 16:15We can have data about everything, but the, one of the things that, that I spent
- 16:21a lot of time focusing on, certainly in the beginning is figuring out which are
- 16:25the metrics that are going to matter.
- 16:27That, and the conversation that I have is, what is informative
- 16:33versus what is motivational.
- 16:36Of, I can look at any numbers and they can inform me of things,
- 16:39but is it gonna motivate action?
- 16:42What clarity do you see in figuring out and how to determine what
- 16:49that motivation is for your team?
- 16:51Yeah.
- 16:52I, I think that's one of the, the hardest pieces because to the team,
- 16:56different people react in different ways.
- 16:59So that's been, that is, I, I'd say to this day, one of the most difficult parts
- 17:04is, I have 12 students and none of 'em, on the real estate side, none of 'em.
- 17:08react the same way to the same messaging, to the same thing.
- 17:11So, and it's no different than in our business.
- 17:14we have three general managers and all three of them have unique different
- 17:18personalities that take a message a little bit differently, not, not poorly
- 17:23or personally, or, you, you have to speak to that person the way they, the
- 17:27way they best communicate with you.
- 17:29And, that's not always easy, easy to do.
- 17:32And, and, and also, W as you said, during our, during our coaching sessions, we've
- 17:38aligned at what metrics make sense.
- 17:40We've aligned also with not just what I wanna see from metrics, but what
- 17:44help our managers just as much as what helps me and then, cater that towards.
- 17:51What makes sense for them, like whether it's scheduling metrics or payroll metrics
- 17:56or percentages on our cost of goods, whatever it might be, we've, we've laid
- 18:01it out in a way that makes sense for them, not just for me and, and helped
- 18:07them see the light at the end of the tunnel for when there's an issue or from
- 18:11when we're working through something.
- 18:13And, and how they do that is a little bit different per person.
- 18:17Yeah.
- 18:18And, and finding that opportunity, I think is as an owner when you're also putting
- 18:25on your mentorship hat and your coaching hat, right, of you are helping to coach
- 18:31and guide them, but again, not to be many you, but to be fully developed as to who
- 18:39they are and how they can meet the goals.
- 18:43In a way that makes sense to them and motivates them.
- 18:46Yeah.
- 18:47Yeah.
- 18:47And, and everyone's a little bit different on, what, what makes them
- 18:51happy in their personal life too.
- 18:53we have managers that, do work more of a Monday through Friday with some weekends.
- 18:57We have some managers that love working nights and weekends and, and it doesn't
- 19:01mean that's a bad thing for our business.
- 19:03It means, if this person really impacts your business in a
- 19:06positive way, how can I help?
- 19:09Keep them, but also move the business forward.
- 19:14and so not everyone fits our mold or, somebody else's mold of
- 19:19what they would say is the best.
- 19:20Bowling center, amusement center manager in the world, they're the best for us,
- 19:25because we work with what they want to do as well and what works for them and, and
- 19:30make sure that, that they're happy too.
- 19:32'cause if they're happy and they're reaching their goals personally and,
- 19:36and their business goals, things, things are good for us as a business as well.
- 19:41So, Chris, as we are nearing the end of our time.
- 19:45I want to just kind of circle back to so much of, I think you would attribute your
- 19:52success is, is being able to reach out and have that mentorship, and find coaching
- 20:00that can help elevate what you're doing.
- 20:04I wanna ask you, what do you do to grow other people?
- 20:12Yeah, so it started off with joining this group to help, help them have a
- 20:19sounding board as well, which is, which is, as we mentioned earlier, you, some of
- 20:23our managers I know call you personally and ask you questions and everything.
- 20:27So they need that person outside of me, to, to talk to and all that.
- 20:31as, as an owner, I'm very approachable by, by all means.
- 20:35And, but there are times where when an employee almost doesn't want to
- 20:39feel embarrassed by an idea that they have, and coming to me, I think makes
- 20:45'em almost a little embarrassed.
- 20:46Whereas if they have a sounding board, it lets them have clarity
- 20:50on what their goals and plans are.
- 20:53And then when they come to an owner, they, they.
- 20:57It's a little bit more buttoned up, versus a little bit more raw.
- 21:00So, I think that is a really, really impactful thing.
- 21:03So, not only is the coaching for, for Let's Roll as a business, but
- 21:10the coaching is for independently the people inside the business to help.
- 21:14to help them grow, and, display their, their positives and, and we
- 21:19end up talking a couple minutes every time about one person's random cool
- 21:24positive that they had for the week.
- 21:25And I think there's just a big growth opportunity in that process of.
- 21:30Allowing them to have somebody else to talk to besides, besides me and other
- 21:34owners to say, Hey, I, I have this idea.
- 21:37How do I get it from here to there?
- 21:39so allowing them to have that person and, it, I think it's just
- 21:42a really, a really big thing.
- 21:44And, and honestly, from our standpoint, we, We're, we're okay with failure
- 21:49from an ownership standpoint as well.
- 21:51So we're not, we're not expecting perfection.
- 21:53We're not expecting every marketing plan to go, right.
- 21:56We're not expecting our managers to make all the right decisions.
- 22:00and they, the thing that I've promised myself two years ago and, and I feel like
- 22:06I've stuck to it pretty well, is I may not always agree with every decision our
- 22:10manager makes, but I will respect it.
- 22:12I'll let you know if I don't agree with it, and I'll let you know what
- 22:15I think we should have done instead.
- 22:17But I'm never gonna go back on a decision that you made and make
- 22:22you look stupid because of it.
- 22:24And I think that's really important as well.
- 22:27'cause then your managers don't fear.
- 22:30messing up or fear failure, fear, any of that, so just having that
- 22:34outlook on it is that, hey, look like these people are human just
- 22:37like me and you and everyone else.
- 22:38Like we're all gonna make mistakes.
- 22:39We all screw up.
- 22:40We all say something stupid.
- 22:41We all do something stupid, at some point in time.
- 22:44And, having the managers feel comfortable enough that.
- 22:48Every once in a while they can mess up and, they don't get, there's, there's
- 22:52no harm in that, because we all are on the same page that we're all going
- 22:55towards the same goal and we're all, we all know what those goals are.
- 22:59And I think just, I think that overall mentality and vision is,
- 23:03is really important to a successful business that, that grace to fail.
- 23:10I call it a grace to fail, right?
- 23:11That, that you are giving the grace to.
- 23:15Have something not go the way it's supposed to go, or learn from the
- 23:20opportunity and the grace to learn from why this is a bad decision.
- 23:25Because let's be real honest, every person in the world learns better from their own
- 23:31mistakes then from somebody told me to do it this way, so that's how I did it.
- 23:37And not understanding the why you're supposed to do it this way, right?
- 23:40Yeah.
- 23:40That we all learn more.
- 23:42From mistakes and having that grace as a, as, as a manager to know that it's
- 23:50not gonna be the end of the world if this doesn't work the way it's supposed
- 23:53to, and that we're gonna learn from it and we're gonna move on from it.
- 23:55And that's okay.
- 23:56I think that's a great gift, and, and certainly is a great way to grow
- 24:01your managers and to grow your team.
- 24:04So thank you for that.
- 24:05That's, that's a good little piece of advice there, Chris.
- 24:07Thank you.
- 24:08I will.
- 24:09It's, it is time.
- 24:10we're coming to the end of our time here.
- 24:12So again, Chris, thank you so much for your insight and your conversation, and
- 24:18I hope that this helps other people take a look and say, Hey, maybe I should,
- 24:23reach out to that person that I, I've I can counsel with, whether it's through a
- 24:29phone call or through a more professional.
- 24:32coaching situation or mentorship environment, the
- 24:34importance of talking to others.
- 24:36So thanks for, for sharing that and your successes.
- 24:39So thank you so much, Chris.
- 24:41Appreciate you.
- 24:42Thank you.
- 24:44If you enjoyed today's conversation and if you are ready for growth yourself, I
- 24:48certainly hope that you look us up@the GrowthPro.com and schedule a free
- 24:54growth call with one of our coaches.
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- 25:21Keep growing, keep learning, and keep striving for the extraordinary.