Latest / The Heart-Led Business Show / Empathy Over Profit: Business Reimagined with Gee Ranasinha
Transcript
- 0:01Speaker: Welcome to the Heart Led Business Show, where compassion meets commerce and leaders lead with love.
- 0:09Speaker: Join your host, Tom Jackobs, as he delves into the insightful conversations with visionary business leaders who defy the status quo, putting humanity first and profit second.
- 0:20Speaker: From heartfelt strategies to inspiring stories, this podcast is your compass in the world of conscious capitalism.
- 0:29Speaker: So buckle up and let's go.
- 0:31Speaker: Let your heart guide your business journey.
- 0:36Tom: All right.
- 0:36Tom: Gather round groovy gang, gear up as we greet the great Gee Ranasinha.
- 0:43Tom: This gallant and good hearted guru guides a glistening heart-led hustle.
- 0:48Tom: Great insights are guaranteed as Gee gallantly shares the gospel of his galactic business journey on the Heart-Led Business Show.
- 0:56Tom: So hold tight.
- 0:57Tom: It's going to be a genuine conversation.
- 1:00Tom: Hey, Gee welcome to the show.
- 1:01Gee Ranasinha: Thank you very much, Tom.
- 1:02Gee Ranasinha: Delighted to be invited.
- 1:03Gee Ranasinha: And I never thought you'd get so many G's in that alliteration intro.
- 1:08Gee Ranasinha: Very well done.
- 1:09Tom: Well, you know, the first question I always like to ask is what's your definition of a heart-led business?
- 1:16Gee Ranasinha: Okay.
- 1:17Gee Ranasinha: Well, a heart-led business to me is quite simple, really.
- 1:23Gee Ranasinha: It's a business that seeks to make a beneficial, and honest valuable contribution to the lives of everyone it touches, whether that's clients, partners, or employees.
- 1:37Gee Ranasinha: And that's pretty much it.
- 1:39Gee Ranasinha: Short and to the point.
- 1:39Tom: Yeah.
- 1:40Tom: Short and sweet.
- 1:41Tom: And very direct as well.
- 1:42Gee Ranasinha: Yeah.
- 1:43Gee Ranasinha: I'm very direct.
- 1:43Gee Ranasinha: Yes.
- 1:44Tom: So tell me a little bit about what inspired you to start your heart-led business and maybe in there, talk a little bit about what your business is.
- 1:51Gee Ranasinha: Sure.
- 1:52Gee Ranasinha: Well, you know, we're a marketing agency that focuses on helping startups and small businesses.
- 1:57Gee Ranasinha: We work with organizations in about 20 countries, but primarily in the US.
- 2:03Gee Ranasinha: We're in a distributed working environment.
- 2:05Gee Ranasinha: So we're 19 people in nine countries.
- 2:07Gee Ranasinha: None of us are in the US.
- 2:08Gee Ranasinha: The rest are in Europe, South Africa, and I have two people in Australia too.
- 2:12Gee Ranasinha: But to get back to the point, we're 16 years old.
- 2:15Gee Ranasinha: So if we cast our minds back to 2008, all those years ago in terms of what inspired us at the time there were three of us.
- 2:25Gee Ranasinha: There wasn't really a light bulb moment, an aha moment.
- 2:30Gee Ranasinha: There wasn't nothing there that particularly inspired me.
- 2:34Gee Ranasinha: I think it's always been the way that I've operated throughout my working life, right?
- 2:38Gee Ranasinha: You know, whether it was washing cars during school summer holidays when I was 14 or when it was when I ran my first business as a advertising photographer, working with brands such as Ford, Nestle, BAT or Hilton Hotels, or indeed when I was a global CMO of a software company, we're working with companies like Apple, Timing, Airbus or Marvel.
- 3:02Gee Ranasinha: You know, regardless, I've always come to the situation, whether it was a business situation or otherwise, to be honest, from an empathy perspective, you know, an empathy point of view.
- 3:12Gee Ranasinha: And you know, clearly there's, there's something there which people subconsciously or consciously pick up on because, you know, there is something that happens.
- 3:22Gee Ranasinha: I'm sure it's chemically, right?
- 3:24Gee Ranasinha: When you find a like-minded person, okay?
- 3:28Gee Ranasinha: I'm not talking about soulmates and that sort of thing, but just people that you click with, that you know you're going to get on with.
- 3:34Gee Ranasinha: And it's always been like that.
- 3:36Gee Ranasinha: You know, it's a trite comment now because I've been saying it for 16 years and, you know, the team will tell you that they're sick to death, sick to the back teeth of hearing it.
- 3:45Gee Ranasinha: But I always say that we don't have clients.
- 3:48Gee Ranasinha: We have friends that we do business with.
- 3:50Gee Ranasinha: And I think that's a key differentiator because we're very selective on who we take on.
- 3:55Gee Ranasinha: Okay.
- 3:56Gee Ranasinha: Because we're a small agency, 19 people, right?
- 3:59Gee Ranasinha: So we, we can't take on everyone that we could because then we'd end up being a 59, 159.
- 4:06Gee Ranasinha: person agency.
- 4:07Gee Ranasinha: And that's not what I want.
- 4:09Gee Ranasinha: That's not the goal of the organization at all.
- 4:12Gee Ranasinha: At the same time, we, everybody works on the same project.
- 4:15Gee Ranasinha: So we don't have like, you know, larger agencies to have like an A team to work on the key accounts, whatever that right?
- 4:22Gee Ranasinha: And then you have the B team that works with the guys who basically pay to keep the lights on, right?
- 4:28Gee Ranasinha: So we don't have an A team and a B team.
- 4:30Gee Ranasinha: We have the team.
- 4:31Tom: Right.
- 4:32Tom: I hope.
- 4:33Gee Ranasinha: So, you know, consequently, we have to be quite selective in who we choose to work with.
- 4:39Gee Ranasinha: And part of that has been this, I won't call it something that we, you know, actively went for, but it's something that came out of the the philosophy that I had with the company, which is the three rules that every new client needs to fulfill before we can take them on.
- 4:57Gee Ranasinha: And, I mean, it's not something unique, Tom, I'll say straight away.
- 5:00Gee Ranasinha: Okay.
- 5:01Gee Ranasinha: At the end of the day, I ripped it off McKinsey.
- 5:04Gee Ranasinha: Okay.
- 5:05Gee Ranasinha: There was a guy from McKinsey by the name of Marvin Boer.
- 5:08Gee Ranasinha: He was the ex-managing director of McKinsey from about 1950 to sort of late 60s, but he stayed with, you know, involved with the organization for years afterwards until he, I think until he passed away anyway.
- 5:20Gee Ranasinha: And, you know, he was considered like the father of modern management consulting.
- 5:27Gee Ranasinha: And by all accounts, he was an extremely principled and pragmatic person and insisted on extremely high, impeccable professional standards in substance, in ethics, in style throughout the entire organization of McKinsey.
- 5:42Gee Ranasinha: Okay.
- 5:42Gee Ranasinha: There's actually a story.
- 5:44Gee Ranasinha: I think it was in one of his biographies that he strongly protested at being named by Businessweek as one of the top business people in the 20th century, because as far as he was concerned, he was a, professional rather than a businessman.
- 6:00Gee Ranasinha: Anyway.
- 6:00Gee Ranasinha: So McKinsey famously have these sort of core tenants of who they are and how they serve.
- 6:07Gee Ranasinha: And I sort of took that on board and sort of, you know, gave it a little bit of a riff that works for our agency.
- 6:13Gee Ranasinha: And we have three rules and they're very simple.
- 6:15Gee Ranasinha: Rule number one, which is if we can't be as enthusiastic about your business as you are then we won't accept you as a client.
- 6:22Gee Ranasinha: And that's simply because it's not a logical, rational, devoid of emotion type of relationship, right?
- 6:30Gee Ranasinha: There needs to be an emotional involvement into the why, you know, what you're doing, why you're doing it, who you're, you know, what change you're trying to make, you know, within your customers, within your industry, within the world, whatever it may be.
- 6:43Gee Ranasinha: And we have to buy into that because otherwise it's false.
- 6:46Gee Ranasinha: What we're doing is we're just, going through the numbers.
- 6:48Gee Ranasinha: We're just, you know, we're on cruise control and we can't give you the best work if we're doing that.
- 6:55Gee Ranasinha: So that's rule number one.
- 6:56Gee Ranasinha: Rule number two is that based upon what we call diagnosis, which is basically looking at the business, what you're doing, how you're doing it the budget available your go to market strategies, your business philosophy, your P& L, all of that stuff.
- 7:12Gee Ranasinha: If at the end of that process, we feel that we can't make a meaningful difference over and above what you're already doing, we won't accept you as a client.
- 7:20Gee Ranasinha: Because what's going to happen is it's all going to end in tears, right?
- 7:24Gee Ranasinha: There's going to be loads of finger pointing.
- 7:25Gee Ranasinha: And, you know, life's too short.
- 7:27Gee Ranasinha: I don't want to go down that route, right?
- 7:30Gee Ranasinha: You know, if we don't believe we can move that needle, then why are we doing it?
- 7:35Gee Ranasinha: You know, it's a bait and switch type operation.
- 7:37Gee Ranasinha: And that's, you know, there's, there's a reason if you Google me or you Google our organization, you won't find a bad word said against us, right?
- 7:46Gee Ranasinha: Because, we talk the talk and walk the walk.
- 7:49Gee Ranasinha: So that's not, that's rule number two and rule number three, which is sort of, let's say, inspired from McKinsey, is that if we feel that we would be too much of a drain on your finances as the state of the business is today, we won't accept you as a client.
- 8:05Gee Ranasinha: The way that McKinsey phrased it is that the value to the firm has to be less than the benefit to the client.
- 8:13Gee Ranasinha: So, there has to be a positive accumulation in value on behalf of the client, regardless of the numbers that we're talking about, you know, whether it's a very small investment or whether it's, you know, some huge multinational, multilingual, multi-channel extravaganza, it doesn't matter.
- 8:32Gee Ranasinha: You know, at the end of the day, marketing is there to move product, right?
- 8:37Tom: Yeah.
- 8:37Gee Ranasinha: We're here to sell stuff.
- 8:40Gee Ranasinha: I said stuff.
- 8:41Gee Ranasinha: Okay.
- 8:42Gee Ranasinha: I was going to say something else, but I changed it to stuff.
- 8:45Gee Ranasinha: Okay.
- 8:45Gee Ranasinha: That's what we're doing.
- 8:46Gee Ranasinha: Our job is growth.
- 8:48Gee Ranasinha: That's our job.
- 8:48Gee Ranasinha: And I think there's too many people who call themselves marketers.
- 8:51Gee Ranasinha: I don't call them marketers.
- 8:52Gee Ranasinha: I call them people who call themselves marketers
- 8:55Tom: I called them mushroom gurus.
- 8:55Gee Ranasinha: Right.
- 8:56Gee Ranasinha: Who get caught up in, you know, vanity metrics and sort of ego numbers.
- 9:01Gee Ranasinha: And, Oh, well, we're doing this and we're looking to make a change in the world.
- 9:05Gee Ranasinha: And it's all about likes and comments and retweets and all that sort of stuff, which is all great and wonderful.
- 9:11Gee Ranasinha: But at the end of the day, we're doing this to shift product.
- 9:15Gee Ranasinha: So how has that made a tangible difference to the bottom line?
- 9:19Tom: Yeah.
- 9:20Gee Ranasinha: Right.
- 9:21Gee Ranasinha: What sales can you attribute to what you've just done compared to doing nothing?
- 9:28Gee Ranasinha: Because it needs to be comparison as well.
- 9:29Gee Ranasinha: It's not just, Oh, we got 27 likes and we got 16 sales.
- 9:34Gee Ranasinha: Okay.
- 9:35Gee Ranasinha: But if we didn't do anything, would we have still got the 16 sales?
- 9:40Gee Ranasinha: Or would we have got 15 or would we have got one?
- 9:43Gee Ranasinha: If the differences between 16 and 15, the margin on that one sale, does that justify the expenditure of that particular campaign?
- 9:51Gee Ranasinha: Now, if you're sending something very expensive, large, complicated enterprise level B2B type environment, that takes six months to deploy, yeah.
- 9:59Gee Ranasinha: Then maybe.
- 10:00Gee Ranasinha: Maybe it does.
- 10:01Gee Ranasinha: But if you're selling paper clips, maybe it doesn't.
- 10:03Tom: I want to kind of focus in on those three rules as kind of that heart-led piece because I think it really does make a difference when you are choosing who to work with and who's choosing to work with you as well.
- 10:18Tom: Because I'm sure there's been times where you've had to make.
- 10:22Tom: a hard decision, whether it's like early in the startup phase of your business where maybe cash was a little bit tight and you had a client that was like, Oh, I really need to take this client, but I'm not sure if I can move the needle on them.
- 10:35Tom: You know, rule number two, right.
- 10:38Tom: Make a, make a difference in their bottom line.
- 10:41Tom: So talk to me about like how difficult that can be at sometimes and how you overcome that difficulty?
- 10:47Gee Ranasinha: Every frigging day, Tom.
- 10:49Gee Ranasinha: I'll tell you.
- 10:50Gee Ranasinha: Okay.
- 10:51Gee Ranasinha: Firstly, I need to say one thing.
- 10:53Gee Ranasinha: We get a lot of inquiries for, for a small agency because I've spoken with many small agency owners over the years.
- 11:01Tom: Mm hmm.
- 11:01Gee Ranasinha: We get a ton of inquiries in excess of 50 a week, sometimes almost a hundred a week.
- 11:06Tom: Wow.
- 11:07Gee Ranasinha: Okay, and this is purely organic.
- 11:10Gee Ranasinha: It's not like we're not spending money on ads.
- 11:12Gee Ranasinha: Okay.
- 11:13Gee Ranasinha: This is people finding us from SEO, from podcasts, who knows, from various, various channels.
- 11:20Gee Ranasinha: Okay.
- 11:20Tom: Definitely from this podcast.
- 11:22Gee Ranasinha: And I would.
- 11:22Gee Ranasinha: I've, I will be snowed under.
- 11:25Gee Ranasinha: I've already got backup resources manning the phones for the instant that this podcast drops.
- 11:31Gee Ranasinha: I would say, conservatively, we probably turn down 70 percent of the inquiries we get.
- 11:41Tom: Wow.
- 11:41Tom: Based on the rules or based on other?
- 11:44Gee Ranasinha: Based on the rules, but also, now this is where we get into potential PG territory.
- 11:51Gee Ranasinha: Okay.
- 11:52Gee Ranasinha: So warning you
- 11:53Tom: Okay.
- 11:53Tom: I got my,
- 11:54Gee Ranasinha: Get, get ready with a button.
- 11:56Tom: Okay.
- 11:56Tom: Ready
- 11:57Gee Ranasinha: Okay.
- 11:58Gee Ranasinha: When we started the agency in 2008, there were three of us.
- 12:01Tom: In the recession.
- 12:02Tom: Great time to start a business.
- 12:03Gee Ranasinha: Yeah.
- 12:03Gee Ranasinha: Not a great time to start a marketing agency.
- 12:07Gee Ranasinha: I have to say, not one of my best business decisions.
- 12:10Gee Ranasinha: I'll give you that.
- 12:11Gee Ranasinha: Right.
- 12:12Gee Ranasinha: But you know, we're still here.
- 12:13Tom: You did sign, right?
- 12:14Gee Ranasinha: So, you know, it worked, but that was a following wind, stars in alignment, but mainly we had some absolutely superhero customers.
- 12:24Gee Ranasinha: clients at the beginning who were absolutely phenomenal.
- 12:27Gee Ranasinha: But anyway, one of the rules that we had when we started the agency is that we were not going to work with arseholes.
- 12:38Gee Ranasinha: You see, when you say, arsehole in an English accent, that's less of an impact as opposed to having a North Atlantic action.
- 12:44Gee Ranasinha: And I think I can get away with that.
- 12:46Tom: Absolutely.
- 12:46Tom: I mean, that should be rule number one, right?
- 12:50Tom: You should have four rules.
- 12:51Gee Ranasinha: Yeah.
- 12:52Tom: The unspoken rule.
- 12:53Gee Ranasinha: Well, yeah, but sometimes you have covert arseholes.
- 12:56Gee Ranasinha: And sometimes you have people who are being arseholish.
- 13:01Gee Ranasinha: That's a word.
- 13:02Gee Ranasinha: I've just invented it.
- 13:03Gee Ranasinha: So I'm telling you it's a word.
- 13:04Tom: From Webster's dictionary.
- 13:05Gee Ranasinha: Oh, from, because they're coming from a position of uncertainty, fear, and doubt.
- 13:10Gee Ranasinha: Okay.
- 13:11Tom: One-hundred percent.
- 13:11Gee Ranasinha: Because we're talking about stuff that they don't understand and they're trusting us with their newborn, right?
- 13:17Gee Ranasinha: So, it's very easy in those sorts of circumstances to be a arsehole, a jerk.
- 13:23Gee Ranasinha: But just to keep me humble, Tom, every so often, an arsehole slips through the net and we, and we end up working with them.
- 13:30Gee Ranasinha: And it keeps me humble and it sure, it's sharpens the radar for next time round, but it's also a learning experience for everyone because, you know, not only do we turn down 70 percent of the inquiries we get, which as you can imagine, really cheers up my accountant.
- 13:46Tom: You're right.
- 13:47Gee Ranasinha: Right?
- 13:48Gee Ranasinha: And really gives nightmares to my bank manager.
- 13:51Gee Ranasinha: Right.
- 13:51Tom: And your sales coach too probably.
- 13:53Gee Ranasinha: Well, it's worse than that because even then, even when we get to the point of speaking with a potential client and going through their business, why they're doing it their passion to understand their passion about what they're doing within their business.
- 14:06Gee Ranasinha: Okay.
- 14:07Gee Ranasinha: Yes.
- 14:07Gee Ranasinha: I'm, I'm, I'm the person that the, you know, at the top of the tree, but I then need to sell the client to the team.
- 14:15Gee Ranasinha: It's not a given.
- 14:16Tom: Well, that's good.
- 14:17Gee Ranasinha: And if there is pushback for you know, what would be considered reasonable reasons, ethical reasons, or, you know, maybe the, whatever it may be, you know, tobacco products, or I don't know, whatever.
- 14:31Gee Ranasinha: Well I mean, we've not had that come up.
- 14:34Gee Ranasinha: But you know, that would be a possible example.
- 14:37Gee Ranasinha: Yeah, if, if there's not a ma majority consensus within the team, then I have to per politely decline and have that, dear John conversation with that potential client because it's all of us or none of us, right?
- 14:49Gee Ranasinha: It's a very flat organization.
- 14:52Gee Ranasinha: I'm totally in my team's hands, because they are collectively, they're a bunch of magicians, Tom.
- 14:59Gee Ranasinha: I mean, I can say nothing more, right?
- 15:02Gee Ranasinha: They've bailed me out of holes more times than I can possibly remember.
- 15:06Gee Ranasinha: Things where, you know,'cause I'm one of those people who sort of knows a lot about knows a little about a lot of things.
- 15:13Gee Ranasinha: Okay.
- 15:14Gee Ranasinha: So I like to think I know about stuff and I sort of get my hands under the hood and do stuff and break stuff.
- 15:21Gee Ranasinha: Because actually I don't know the implications of what I'm doing.
- 15:24Gee Ranasinha: Because I won't leave well alone, because I think, oh yeah, no, I don't need to bother anybody else.
- 15:29Gee Ranasinha: I can do that.
- 15:29Gee Ranasinha: It's a five minute job.
- 15:30Gee Ranasinha: Yeah.
- 15:31Gee Ranasinha: Crash bang.
- 15:32Gee Ranasinha: Boom.
- 15:33Gee Ranasinha: And all of a sudden it's something totally different.
- 15:35Gee Ranasinha: Or it may be we're working to an impossible deadline.
- 15:39Gee Ranasinha: Like we had two weeks ago, we were doing something for an organization based out of Ohio who was doing something in Europe of a very large trade show in Europe.
- 15:50Gee Ranasinha: And they set an impossible deadline, but we pulled it out the bag and it was a great success.
- 15:57Gee Ranasinha: And, you know, there were pats on the back all round and everybody was happy to do it.
- 16:02Gee Ranasinha: Because everybody was pulling in the right direction as to the reasons why they were doing it.
- 16:07Tom: Now, you know, talking about, like, the ones that slipped through, though, like, have you had the opportunity to fire clients?
- 16:16Gee Ranasinha: Oh, yeah.
- 16:17Gee Ranasinha: Oh yeah.
- 16:17Gee Ranasinha: I fired one a month ago.
- 16:19Gee Ranasinha: It was a startup in the in the consulting category.
- 16:22Gee Ranasinha: And it was trying to work with these people, it was like trying to sort of swim through treacle It was just impossible.
- 16:29Gee Ranasinha: And things which should have taken a week or two, were taking months.
- 16:33Tom: It didn't solve any of that.
- 16:34Gee Ranasinha: Yes, it was.
- 16:36Gee Ranasinha: I mean, it was a small organization that were growing pains and all the rest of it.
- 16:40Gee Ranasinha: And it was one of those things where I said, yes, what we're doing here is something which is vitally important.
- 16:46Gee Ranasinha: But so are the hundred and one other things that we're doing every day, which are also vitally important.
- 16:51Gee Ranasinha: So it's like, well, okay.
- 16:53Gee Ranasinha: Well, clearly.
- 16:54Gee Ranasinha: It's a timing issue.
- 16:54Gee Ranasinha: Okay.
- 16:55Gee Ranasinha: You're trying to do too much at the same time.
- 16:57Gee Ranasinha: You're, you know, under resourced, you know, attention is focused on revenue rather than other things, all the rest of it.
- 17:04Gee Ranasinha: This is not going to work.
- 17:06Gee Ranasinha: Let's shake hands and part as friends.
- 17:09Gee Ranasinha: Hopefully, you know, restarting something down the road.
- 17:12Gee Ranasinha: But this wasn't something that I was prepared to put my team through for any longer.
- 17:18Gee Ranasinha: The whole project was supposed to be about six to eight weeks.
- 17:20Gee Ranasinha: And, you know, we were getting to like four to five months.
- 17:23Tom: Oh, wow
- 17:23Gee Ranasinha: and we still couldn't even see the light at the end of the tunnel.
- 17:27Tom: Yeah, well, that's a strain on the whole team then at that point, and there's...
- 17:31Gee Ranasinha: No, exactly, exactly.
- 17:33Gee Ranasinha: You see, the thing is, you know, as you can probably appreciate, you know, when you get work in, you get some client work, you, you book resources within the team so that we can comfortably get the work done to the level that we're all expecting it to be quality wise.
- 17:50Gee Ranasinha: Right.
- 17:50Gee Ranasinha: And if that doesn't happen, then all of a sudden we're into the next block of time, which has been apportioned to a different client
- 17:57Tom: Yeah.
- 17:58Gee Ranasinha: Like I said, we're a small agency, right?
- 18:00Gee Ranasinha: So, you know, we can't pat her head and rub her stomach at the same time.
- 18:04Tom: Right.
- 18:05Gee Ranasinha: Right.
- 18:06Gee Ranasinha: So something has to give.
- 18:07Gee Ranasinha: And, okay, especially when it's a new client, by a new client, I mean a client who's new to the marketing or to working with a marketing agency.
- 18:16Gee Ranasinha: So they don't, they don't know what they don't know.
- 18:18Gee Ranasinha: So we know there's client education that we need to sort of set expectations and all that sort of stuff.
- 18:23Gee Ranasinha: So we have to allow for all of that.
- 18:25Gee Ranasinha: And I am pessimistic with timeframes.
- 18:28Gee Ranasinha: I, you know, I'd much rather under promise and over deliver, right?
- 18:31Gee Ranasinha: You'd be happier if we got this, if I told you it was going to take six weeks and I delivered in four, then we all look like heroes, don't we?
- 18:38Gee Ranasinha: Right?
- 18:38Gee Ranasinha: You, you, as well as, us.
- 18:40Gee Ranasinha: So I try to do all of that.
- 18:41Gee Ranasinha: So I allow for a little bit of fat within that block of time that I'm booking for resource,
- 18:48Tom: Yeah.
- 18:48Gee Ranasinha: But when it's like never ending, and it's not like I can charge for that.
- 18:52Gee Ranasinha: Cause that in my book, unethical as well, because it just doesn't.
- 18:56Tom: Well, and, and it violates, you know, two of your rules as well.
- 18:59Tom: Can you make a difference?
- 19:00Tom: Well, no, because nothing's getting done.
- 19:02Tom: And two, is it a drain on finances?
- 19:04Tom: Well, obviously if you continue to work with something and no deliverable, yeah, or, and probably the first rule as well, you're not being enthusiastic or they're not being enthusiastic.
- 19:14Tom: And so your enthusiasm has to drop to below what standard.
- 19:17Tom: So that I love those rules because they can be really guiding principles in making heart-led decisions within the business.
- 19:27Tom: And I mean, I don't think I've heard that from any of my guests so far in terms of these are the clear rules that we have to be heart-led business owners to make sure that we're delivering a product or service at a high level.
- 19:41Tom: I love that.
- 19:42Tom: That's, that's that's a really good lesson.
- 19:44Tom: I think for any heart-led business is to find out what those rules are and for their own business.
- 19:50Gee Ranasinha: And you know, I have to reiterate, this isn't something that we set out to do.
- 19:55Gee Ranasinha: We didn't set out to be a heart-led business.
- 19:57Gee Ranasinha: This is me and at the time, two other colleagues working the way that we think business should work.
- 20:03Gee Ranasinha: And it's as simple as that.
- 20:04Gee Ranasinha: And if it turns out to be heart-led, then so be it, you know, if I go back to my career path back when I was a photographer.
- 20:13Gee Ranasinha: Way back, you know, it was in days of film.
- 20:15Gee Ranasinha: That's how far back it was.
- 20:16Gee Ranasinha: Okay.
- 20:17Tom: Awesome.
- 20:17Gee Ranasinha: Was in days of 35mm medium format and 8x10 transparencies.
- 20:22Gee Ranasinha: Okay.
- 20:23Gee Ranasinha: So, how does Gee compete with the celebrities of that particular genre who knew the ad agencies and publishers, by name and nobody knows Gee?
- 20:34Gee Ranasinha: How did I do it?
- 20:34Gee Ranasinha: By being different, but not for the sake of being different.
- 20:37Gee Ranasinha: By being what we are now terming heart-led.
- 20:41Gee Ranasinha: For example, when I used to do fashion shoots.
- 20:44Gee Ranasinha: Everybody else used to schedule their fashion shoots at 8, 9, maybe 10 in the morning.
- 20:50Gee Ranasinha: Okay.
- 20:51Gee Ranasinha: Now, if you know anything about fashion models, you'll know they're certainly not their best at 8, 9, 10 in the morning.
- 20:59Tom: Fair enough.
- 21:01Gee Ranasinha: So, Gee used to schedule his fashion shoots to start at 11pm.
- 21:07Tom: Oh wow.
- 21:08Gee Ranasinha: 11pm was the golden hour.
- 21:09Gee Ranasinha: And we'd go on till 2, 3, sometimes 4 in the morning.
- 21:13Gee Ranasinha: And then, you know, these guys would go off clubbing and whatever else they wanted to do.
- 21:17Gee Ranasinha: You know, I'd collapse in a, you know, in a crumpled heap in the corner.
- 21:20Gee Ranasinha: But, you know, these guys would carry on.
- 21:22Gee Ranasinha: And so what happened?
- 21:25Gee Ranasinha: This spread.
- 21:26Gee Ranasinha: And account executives and art directors said, okay, this brief has just come in from this client.
- 21:32Gee Ranasinha: Who are we going to work with?
- 21:33Gee Ranasinha: I know, let's work with that guy, that new guy with a funny accent who wants to work in the middle of the night.
- 21:39Tom: Right.
- 21:39Gee Ranasinha: Right.
- 21:39Gee Ranasinha: Because it's always a party when we go to Gee's place.
- 21:42Gee Ranasinha: It doesn't feel like work.
- 21:43Gee Ranasinha: And it all culminated in actually when I was a CMO for this software company.
- 21:46Gee Ranasinha: I had to go to a I think it was a publishing conference in New York.
- 21:51Gee Ranasinha: It was about 2002, 2003.
- 21:54Gee Ranasinha: That's how long ago it was.
- 21:55Gee Ranasinha: Yes, I am that old, what can I tell you?
- 21:58Gee Ranasinha: And one of the speakers at this conference was a guy called Tim Sanders, who at the time worked for Yahoo.
- 22:04Gee Ranasinha: Now I think he's is some sort of bigwig at Harvard Business School or something.
- 22:09Gee Ranasinha: Anyway, he wrote this book called Love is the Killer App.
- 22:13Gee Ranasinha: Have you ever heard of that?
- 22:14Gee Ranasinha: If you have not,
- 22:15Tom: We'll link that up in the show.
- 22:16Gee Ranasinha: I would strongly recommend you, you pick up a copy.
- 22:21Gee Ranasinha: Okay.
- 22:21Gee Ranasinha: It's not a big read.
- 22:22Gee Ranasinha: You could easily do it in one sitting.
- 22:24Gee Ranasinha: Okay.
- 22:24Gee Ranasinha: And it turns out that Tim had written a book about heart-led businesses.
- 22:30Gee Ranasinha: What is essentially what we're talking about now.
- 22:33Gee Ranasinha: Love being the killer app, right?
- 22:35Gee Ranasinha: If you remember in the early 2000s, people were looking for the app as in, right, you know, the application which would make you buy into the platform,
- 22:45Tom: And make a billion dollars.
- 22:46Gee Ranasinha: And make a billion dollars and lose the billion dollars like the next day.
- 22:50Tom: Right?
- 22:51Gee Ranasinha: 2003 or something.
- 22:52Tom: The tech bubble.
- 22:53Gee Ranasinha: Anyway, he wrote this book, Love is a Killer App, and he called the heart-led business proponents.
- 22:59Gee Ranasinha: He called them love cats.
- 23:00Tom: Interesting.
- 23:00Gee Ranasinha: Okay, to be a love cat.
- 23:02Gee Ranasinha: And it is primarily what we're talking about.
- 23:05Gee Ranasinha: It is leading with love, leading with empathy, putting yourselves in the shoes of others and doing stuff that would make sense.
- 23:13Gee Ranasinha: So a love cat is primarily what we're talking about.
- 23:16Gee Ranasinha: A proponent of a heart-led, a heart-led business.
- 23:19Tom: Yeah.
- 23:19Gee Ranasinha: It's about empathy.
- 23:21Gee Ranasinha: It's about respect.
- 23:22Gee Ranasinha: It's about ethics.
- 23:23Gee Ranasinha: It's about love, right?
- 23:25Gee Ranasinha: A heart-led business.
- 23:25Gee Ranasinha: So pick up a copy of the book.
- 23:27Gee Ranasinha: So I'd unbeknowingly been practicing what Tim was preaching all of these years from that book.
- 23:34Tom: Well, it totally makes sense.
- 23:36Tom: Like everybody talks about, you know, fall in love with your product, fall in love with your customers, fall in love with the process.
- 23:42Tom: And it makes business decisions better when you have that level of enthusiasm or love for something, you know, it's not, it's better than like, and it's definitely better than hate.
- 23:57Tom: And, you know, how would you contrast that with maybe in your, in your career where you've worked for a corporation that is completely profit driven?
- 24:06Tom: What do you see as the difference between those two?
- 24:09Gee Ranasinha: I think it's a very good question.
- 24:10Gee Ranasinha: In our industry, there are a number of agencies which try to do the whole thing by remote control and try to sort of copy and paste
- 24:19Tom: Hmm.
- 24:19Gee Ranasinha: predetermined recipes and impose them on a client with a view to maximizing client project, the profit on that particular project.
- 24:28Gee Ranasinha: And it usually gets them over a couple of hurdles before they come to a grinding halt.
- 24:34Gee Ranasinha: Because, it's especially true with a discipline such as marketing, because marketing is not a wholly logical, rational, core tenets of business.
- 24:45Gee Ranasinha: If you look at other areas of business, right?
- 24:48Gee Ranasinha: If you look at sales, if you look at manufacturing, okay?
- 24:51Gee Ranasinha: All of these things are based on logic and pragmatism, and it's sort of quasi Newtonian in their outlook, okay?
- 25:02Gee Ranasinha: Two plus two is always four.
- 25:03Tom: Yeah.
- 25:04Gee Ranasinha: And it can't be anything else.
- 25:05Gee Ranasinha: And like in manufacturing, if, you know, from an efficiency-based perspective, if you're making widgets, then you can increase the productivity of your manufacturing process by either sourcing cheaper raw materials or finding efficiencies within the widget making process.
- 25:22Gee Ranasinha: To the point where you're lowering input and getting the same or a greater output, right?
- 25:29Gee Ranasinha: Efficiency.
- 25:30Gee Ranasinha: Right?
- 25:30Gee Ranasinha: Mechanical advantage, call it what you want.
- 25:32Gee Ranasinha: But this presupposes, like most things economics, it presupposes that you have 100 percent complete information, utility and trust within that system.
- 25:40Gee Ranasinha: And in marketing, you don't, for a number of reasons.
- 25:44Gee Ranasinha: Number one, the target of our efforts are not logical, rational, contextually independent entities.
- 25:51Gee Ranasinha: We're dealing with human beings, and human beings are anything but rational.
- 25:54Tom: Right.
- 25:55Gee Ranasinha: Right?
- 25:56Gee Ranasinha: We are not rational.
- 25:57Tom: We're emotional, right?
- 25:58Gee Ranasinha: Right.
- 25:59Gee Ranasinha: There's a, there's a famous anthropologist called Jill Bolt Taylor.
- 26:03Gee Ranasinha: Okay.
- 26:03Gee Ranasinha: And she wrote something in one of her books way back when, which has always stuck with me.
- 26:08Gee Ranasinha: And it's yet another quote that I tend to, gobble up, but what she says is, I think is very true, is that we think we are thinking beings that feel, when in actual fact, we are feeling beings that think.
- 26:21Gee Ranasinha: Okay.
- 26:21Gee Ranasinha: So anything you're buying apart from commodities, but otherwise, whatever it is you're buying, whatever product, whatever service, whether it's B2B, whether it's B2C, whatever it is.
- 26:33Gee Ranasinha: We buy from the heart.
- 26:35Gee Ranasinha: We buy emotionally.
- 26:36Tom: One-hundred percent.
- 26:37Gee Ranasinha: And we then post rationalize logically.
- 26:41Gee Ranasinha: We tell ourselves a story.
- 26:42Gee Ranasinha: We buy something, probably for something, something that was too expensive.
- 26:46Gee Ranasinha: And then we get it home.
- 26:47Gee Ranasinha: And what happens?
- 26:49Gee Ranasinha: We tell ourselves a story.
- 26:50Gee Ranasinha: Oh yeah, but you know, yes, it was expensive, but to tell you what, look at the quality.
- 26:54Gee Ranasinha: It's going to last a lot longer than if I bought some cheap crap.
- 26:56Gee Ranasinha: Or look, you know, look how the workmanship is, you know, this is, this is handmade.
- 27:00Gee Ranasinha: This is not done factory rubbish.
- 27:02Gee Ranasinha: We'll tell ourselves some BS story to justify that purchase.
- 27:07Gee Ranasinha: But that initial purchase has been made emotionally and that is the job of marketing.
- 27:12Gee Ranasinha: To invoke an emotional reaction, hopefully a positive emotional reaction.
- 27:16Gee Ranasinha: And that's why the whole thing breaks down when we start trying to compare marketing to other areas of the business, right?
- 27:22Gee Ranasinha: Because if you're talking about manufacturing and widgets, like I was mentioning earlier on, every part of that manufacturing process can be measured using units, which are universally understood and translatable.
- 27:35Tom: You can put a cost or profit each one of those, and whereas marketing.
- 27:40Gee Ranasinha: Right.
- 27:40Gee Ranasinha: We can, we can talk about like electrical watts or kilograms or pounds or whatever, right?
- 27:47Gee Ranasinha: Everything can be categorized.
- 27:49Gee Ranasinha: But if we look at some of the influences to making a decision to purchase something, some of those factors do not have universally exchangeable units that for instance, there's no such thing as a SI unit of fear or trust or anger, right?
- 28:08Gee Ranasinha: But these are all things which influence a buying purchase.
- 28:10Gee Ranasinha: And so by trying to create efficiencies within a marketing system, systems thinking, right?
- 28:16Gee Ranasinha: You try to optimize each part, the whole thing breaks down, which is where we've got to today where 99 percent of the marketing that we see is absolute junk, which is instantly ignored.
- 28:28Gee Ranasinha: But it's cheap.
- 28:29Gee Ranasinha: So people think it's a good value.
- 28:30Tom: Right, where they slap it together or what have you.
- 28:33Tom: You know, I think that's a really great point and it's applicable, I think, to a lot of heart-led businesses that whether it's, it is manufacturing or marketing, there's always those elements that cannot be, you know, efficiently or measured in an efficiency.
- 28:52Tom: And if you try to, you're taking that spirit and that love out of it as well.
- 28:58Gee Ranasinha: It breaks down.
- 28:58Gee Ranasinha: Exactly.
- 28:59Tom: That's a great point that you're making there.
- 29:02Tom: We've actually come to our time and I don't want to run on too long here, Gee, but this is fascinating conversation.
- 29:09Tom: Especially the marketing piece and that you can't compare marketing to manufacturing as well, and, and all that.
- 29:15Tom: I love that as well as the three rules that you shared earlier.
- 29:20Tom: So if if people are interested in learning more about you and, and your business, how, what's the best way for people to get in contact with you?
- 29:27Gee Ranasinha: They should all go to hell.
- 29:28Gee Ranasinha: No, no, no, of course not.
- 29:30Gee Ranasinha: No, the easiest way to get hold of me is through LinkedIn.
- 29:34Gee Ranasinha: You can find me on LinkedIn.
- 29:35Gee Ranasinha: Amazingly, Tom, there is only one Gee Ranasinha on LinkedIn.
- 29:39Tom: That's amazing.
- 29:41Tom: That makes it pretty easy.
- 29:42Gee Ranasinha: Yeah.
- 29:42Gee Ranasinha: Find me on LinkedIn and let's have a conversation, you know, talk is free.
- 29:46Gee Ranasinha: And if it turns out that we work together, great.
- 29:49Gee Ranasinha: But if it turns out that I can push you in a particular direction that helps you, and I've got no skin in the game, that works too.
- 29:56Gee Ranasinha: Because the point is that we need to have each other's backs, right?
- 30:00Gee Ranasinha: That's another part of the heart-led business.
- 30:02Gee Ranasinha: Surely.
- 30:03Tom: Elevate everybody.
- 30:05Gee Ranasinha: You know, we're all on the same side here, right?
- 30:07Gee Ranasinha: You know, rising tide lifts all boats and all that stuff.
- 30:10Tom: Awesome.
- 30:10Tom: Well, thank you so much for coming on the show today and sharing your words of wisdom with us as well.
- 30:16Tom: I certainly appreciate you taking the time out of your day.
- 30:19Gee Ranasinha: I appreciate the invite, to be honest, Tom, it was absolutely delightful.
- 30:22Gee Ranasinha: We should, we should do a part two.
- 30:24Tom: Absolutely.
- 30:24Tom: Awesome.
- 30:25Tom: And to our show fans, thank you so much for listening or watching the show today.
- 30:30Tom: I really appreciate it.
- 30:31Tom: And I know Gee really appreciates it as well.
- 30:34Tom: So make sure you're checking out the show notes.
- 30:36Tom: We're going to link up all of that Gee was talking about as well as his LinkedIn profile down there in the show notes, check that out and have a conversation with him.
- 30:44Tom: I know all of our show guests really like that when listeners do reach out.
- 30:48Tom: And so until next time, lead with your heart.
- 30:53Speaker 2: You've been listening to the Heart Led Business Show, hosted by Tom Jackobs.
- 30:58Speaker 2: Join us next time for another inspiring journey into the heart of business.