Latest / The Hannah Hammond Show / Years of Business Knowledge & Experience in 1 Hour | Wade Houston
Transcript
- 0:00No amount of information or podcast or book is actually
- 0:02going to change the way that your mind works.
- 0:04And for somebody that's not in the position that they want to
- 0:06be in in their life, whether it's mentally, physically,
- 0:08spiritually, financially, the only way to get to the position
- 0:10that you want is to take small daily actions that rewire the
- 0:13way that your mind responds to stimulus.
- 0:16Like if you're unhealthy, it doesn't matter how much money
- 0:19you have, you're not successful. I think managing one's ego in a
- 0:22positive direction is the best way to make sure that you can
- 0:26transform others and have an impact but still transform your
- 0:29own life, right? Because purely suppressing ego
- 0:33altogether. I've tried this.
- 0:34It put me in a position where I'm like, I don't want to work.
- 0:37I'm not motivated to do anything.
- 0:38What would you say? Like your greatest gift is in
- 0:40your your consulting helping people solve for what problem?
- 0:44Most of the time, business owners and leaders will train
- 0:48people and nobody will retain or apply that knowledge.
- 0:52They will hand out an SOP that never gets looked at again.
- 0:56They will give somebody a sales script that never gets used.
- 1:00I just think it's a horse. Like I'm not somebody who learns
- 1:04that. Way I feel like I'm a bad
- 1:05interviewer. I fall in love with people's
- 1:07stories and like all this stuff. So like how are you really
- 1:09efficient to understand quickly is this person a good fit for
- 1:14our company? Interviewing is hard.
- 1:15You know, it's, it's the hardest thing about running a company.
- 1:18So I'll say this now you can use something called a crit
- 1:22framework. Do you know what this is?
- 1:25Welcome back to the Hannah Hammond Show.
- 1:26I'm here with Wade Houston today in Miami, FL.
- 1:30So I'm in your hood and yeah, welcome.
- 1:33I'm super excited to have you on.
- 1:35And you are. I mean, you have a whole story
- 1:37and I'll let you get into it. But you are the president of 10X
- 1:40Health in the whole Grant Cardone Enterprise, which is one
- 1:43of the most well known businesses out there.
- 1:45Now you run your own company and you help scale that company to
- 1:49a, what was it, A8 figure company.
- 1:52Pretty quickly got to work with Grant Cardone and Brandon
- 1:55Dawson. And now you have built a huge
- 1:57social media presence and you coach entrepreneurs and leaders
- 2:01out there on how to really what it takes to scale their company.
- 2:03So I'm excited personally, selfishly, because I'm in the
- 2:06process right now of trying to scale to a $50 million company
- 2:10and excited to get this hour of time with you and help provide a
- 2:13lot of value to the audience. So thanks for coming on and
- 2:16likewise and so who were you before 10X and before Grant
- 2:20Cardone and before being this, you know, successful healthy
- 2:24leader, coach, somebody that everybody looks up to because I
- 2:28always like to understand like really what created this human
- 2:31that you are now? So I committed to play college
- 2:34hockey when I was 17, and then I got kicked out of prep school,
- 2:38kicked off my junior team, 3DUI3 assault charges, and I lost my
- 2:41identity entirely as a hockey player.
- 2:43That was my whole life. I had to rebuild that and
- 2:46instead of rebuilding and I started selling drugs and then I
- 2:48got addicted to oxy cotton, I overdosed and I had a long run
- 2:52of debauchery in my life. I was able to do well enough in
- 2:57finance that I started working at a bank.
- 2:59I moved up very quickly. I became an accountant.
- 3:02And this is all while smoking weed and eating Xanax every
- 3:04single day. I became a financial advisor.
- 3:08This is when I was living in Vermont and I did this and I'm
- 3:10just come down to Miami and party.
- 3:13In 2019, I decided to move to Miami and Miami sucked me in
- 3:16really quick. I hit my rock bottom, I got
- 3:18drugged, I got robbed, and I had to tell all of my wealthy
- 3:21friends that grew up down here that I had been friends with
- 3:23since 14 years old that I could no longer hang out with them.
- 3:27I couldn't go to the same places and I couldn't leverage any of
- 3:29the connections that I had. I had to rebuild myself
- 3:32entirely. This was May 6th of 2019.
- 3:35I stopped talking to all my friends, I stopped going out, I
- 3:39started going to bed early, I got completely sober, and I
- 3:42started to develop a relationship with God.
- 3:44I ended up starting a financial technologies company with a
- 3:47woman. And at the beginning of COVID
- 3:49that failed because Long story short, the government said that
- 3:53nobody had to pay back their loan interest and this was a way
- 3:55for people to renegotiate their bad debt with a loan originated
- 3:59rather than go to collections. So that crumbled and I found
- 4:03myself, April 2020, lost, right? I had had some success.
- 4:09I had, you know, built my sobriety and my faith and I had
- 4:12become fit and so forth. And I was working very closely
- 4:16with my mentor at the time. And he suggested that I get out
- 4:20a whiteboard and write down what I was going to do every morning
- 4:24to prepare myself for the day so that I could improve and become
- 4:27the person that I wanted to become in five years, which was
- 4:29CEO or owner of a company. And he said manifestation is
- 4:33only as good as envisioning the person that you want to become
- 4:37and then deciding what skill sets, traits, discipline and
- 4:40habits that person embodies. Right.
- 4:43So is ACEO someone who wakes up at a random time and eats
- 4:46Skittles for breakfast and around No.
- 4:49So who, what is that routine that you're going to follow
- 4:51that's going to help you become that person?
- 4:53So this is when I developed like real personal development and
- 4:56went from unregulated to super regimented. 6:00 AM wake up at
- 5:02every single day. Prayer, meditation, walk
- 5:05tracking workouts, tracking my food and then reading books.
- 5:09Had never read a book in my life to that point.
- 5:12I lack focus terribly. I have like ADHD.
- 5:15Times 100. OK, so I started to develop my
- 5:18mind through meditation and I started to change the way that I
- 5:20thought about life. And I started to find myself
- 5:23after two months of following this very strict regimen that I
- 5:28was like a sponge. I I could ingest any sort of
- 5:31information. I was very curious.
- 5:32I had so much confidence and energy and focus and clarity.
- 5:35I randomly got a job interview at a, a hormone clinic up here
- 5:39in Aventura called Health gains. I went in completely under
- 5:42qualified, had never managed people, was for a sales manager
- 5:45job and I didn't even know anything about functional
- 5:48medicine except for maybe some glutathione injections that help
- 5:50me with my liver back in the day.
- 5:52That's all I knew. So I go and I have this
- 5:54interview. Long story short, I spend 3
- 5:55hours with this guy and he says alright, I'll give you a chance,
- 5:57but you got to start in sales. And I said brother, with all due
- 5:59respect, like I'm not at that point of of sales like in my
- 6:01life, like I'm a manager kind of guy, you see?
- 6:03Yeah, but you've never done it. So going to sales and see see
- 6:06what happens. So this is when my life really
- 6:09took off, right? This was the moment, June of
- 6:132020, that I went all in with my mentor and I just decided I was
- 6:17going to do every single thing that he told me.
- 6:20I was going to work 18 hours a day on building and growing this
- 6:24business. And I would say that the key to
- 6:27my success through all this is being extremely self aware,
- 6:30right? Like after two weeks, I realized
- 6:32I'm a terrible leader. My, my guys don't like me.
- 6:34I'm yelling at them. I'm telling them to like shut
- 6:36the F up and go call, call more leads.
- 6:39And I would tell my mentor, I'm like Steve, I, I don't think
- 6:41that I'm the best leader. I don't think these guys respect
- 6:43me. I don't think this is going to
- 6:44get me very far. And so he really worked on
- 6:47helping me develop as a leader and become, you know, the person
- 6:49that eventually scaled 10X. Wow.
- 6:52So that's that's where it started.
- 6:54So that was a lot in a few minutes.
- 6:57So how? And a lot of this is close to
- 6:59home to me because you probably don't know much about my
- 7:02background, but I struggled a lot growing up with identity
- 7:06crisis and very low self worth and high anxiety, high ADD, high
- 7:10ADHD. Fortunately was good in school
- 7:13that was my outlet and focused on that.
- 7:15But you know it's severe eating disorder, smoking weed every
- 7:18single day, had to drink to socialize if I wanted to
- 7:21socialize. So mostly I just didn't
- 7:23socialize and use school as an excuse to not socialize, but
- 7:26taking sleeping pills to sleep through the insomnia or the
- 7:30nightmares that I would have and just, you know, a high
- 7:33functioning mess, right. For a long time.
- 7:35And where did you grow up? Arizona.
- 7:37Yeah. Anyway.
- 7:39And so I also relate to a lot of those addictive behaviors or
- 7:43just, you know, you have all this, this drive and ambition.
- 7:46Like I always had big dreams for my life and I wanted to create
- 7:49something amazing and knew that there was more for my life than
- 7:53the life that I was living, but didn't know how to find a way to
- 7:58have like the self-confidence and the focus And the gap seemed
- 8:03so wide of where I was and how I felt and where I wanted to be
- 8:07and how I wanted to feel. So it sounds like we had some
- 8:10similarities in that sense. And you know, my brother
- 8:13struggles with addiction and I have a very similar personality,
- 8:17but we went completely different paths, right?
- 8:19So how I mean, how did you find yourself hitting rock bottom and
- 8:23getting caught up in addiction and then actually coming out of
- 8:26it? Because I remember my mentor was
- 8:30talking to me one time. He's a very, very, you know,
- 8:33extremely wealthy man. And he was a chain smoker.
- 8:37He was addicted. He was overweight.
- 8:39You know, would I think he would drink every single day, but also
- 8:42as a high achiever in business and like making a bunch of
- 8:44money. And then I was like, well, how
- 8:46did you stop it all? And he's like Hannah, I looked
- 8:48in the mirror and I made a decision.
- 8:51And I think it was like at that point where he really had to hit
- 8:53rock bottom. And I think that was similar to
- 8:56me. Like, what was that experience
- 8:57like to you? Because those these people that
- 8:59have these like us who are very driven and have these addictive
- 9:02personalities, it's actually our greatest gift if we channel it
- 9:06right. But how did you channel it
- 9:08right? That's what I would say.
- 9:09It's, it's the edge. You know, if you can channel it
- 9:11the right way, it definitely gives you an edge.
- 9:13On May 6th of 2019, I got drugged and robbed out of the
- 9:16club and they took my watch and my chains and left me with my
- 9:20phone and wallet but took my jewelry and I never forget.
- 9:24I woke up and I just had this horrible hole in my heart that I
- 9:28felt, I felt like so empty. And I heard God for the first
- 9:31time ever. Didn't even realize it was God
- 9:33at that time. I just thought it was my own
- 9:34inner voice. But he kept saying there's more
- 9:37for you in this life. There's more for you in this
- 9:39life. And I called my dad and I was
- 9:42like, hey, dad, that that watch that you gave me that got passed
- 9:45down from his grandfather, whatever got stolen.
- 9:48He said, you've been drinking, haven't you?
- 9:49First thing right away, I'm like, yeah, I haven't.
- 9:52He goes, look, I don't give a damn about the watch.
- 9:54He's like, but the way I see it, you got two options.
- 9:56You can bounce in and out of Alcoholics Anonymous for the
- 9:59rest of your life and continue to be a fucking loser.
- 10:02Or you can go to a, a get a sponsor, do the 12 steps and
- 10:05maybe you'll have a chance at a good life.
- 10:08And I think for the first time ever, it just hit me like, that
- 10:10was my only option. I, I had no other option.
- 10:12I had tried everything else. I had tried every drug and drink
- 10:14under the sun and combination and geographical cure to try and
- 10:18like manage my way to use drugs and alcohol, not try that hard
- 10:21and have success and it never worked.
- 10:23I tried for 10 years more 15 years.
- 10:26And so once I reached that proverbial rock bottom, that
- 10:28point of desperation where I just said I surrender.
- 10:31I don't know what is best for my life.
- 10:32I'm going to get help from other people.
- 10:34I walked into an A meeting. I got a sponsor and two weeks
- 10:39in, this very smart New York woman says to me, hey, I noticed
- 10:43you don't really talk to anybody.
- 10:45And I said, well, who am I supposed to talk to here?
- 10:48Anne? Like, look at these people.
- 10:50And she's like, sweetie, it's not about that.
- 10:52You know, like you, you got to find some people that you vibe
- 10:55with, but try not to compare. And I was like, well, I don't
- 10:58see anyone here that has the life that I want.
- 10:59Like, where's the Ballers? And she's like, oh, sweetie,
- 11:02that's what you mean. You need to come to the 7:00 AM
- 11:04meeting. So I started going to the 7:00
- 11:06AM meeting and it was just like Rolls, Lambeau, Ferrari.
- 11:10And not that the material stuff matter, but I was like, OK,
- 11:12here's where the Ballers are, Here's where all the businessmen
- 11:14are, here's where all these guys are.
- 11:15And I eventually met my mentor there at that meeting and
- 11:19several other guys who run 8-9 figure businesses.
- 11:24And I started to develop like a little bit of a network.
- 11:26And I had that exposure to people that I wanted to be like.
- 11:30And when I realized this, all I had to do what they did, all I
- 11:32had to do is do what they did. I wasn't that much different
- 11:34from them. I just had to surrender that my
- 11:37best thinking was going to get me to where I wanted to go.
- 11:40And I had to start taking the actions that they were taking.
- 11:43So it was surrender and exposure those that's really what did it
- 11:45for me. Yeah, that's fascinating.
- 11:48And that's where you in that that's the same mentor you were
- 11:51talking about at the beginning that was telling you what to do.
- 11:53Wow, that's super cool. And we became really tight and
- 11:56became friends and we've gone in on business opportunities
- 12:00together and I connect him repeatedly with people in my
- 12:04network and vice versa, and it's become a really amazing
- 12:07friendship over the past seven years.
- 12:09Where do you think the addiction originally stemmed from?
- 12:12Like, were you raised in a wealthy family and kind of
- 12:15privileged? It actually didn't come from any
- 12:17of that. I grew up like middle class
- 12:19family. You know, my parents made me
- 12:20work for everything. They never gave me anything, but
- 12:23I never wanted for anything. We went on nice vacations and
- 12:26you know, I always had food and all that sort of stuff.
- 12:27It came from feeling like I was insane all the time and I just
- 12:32wanted to quiet my mind. My mind still to this day moves
- 12:36so incredibly fast that I wanted something to help dim it down.
- 12:41And that started with weed and Xanax.
- 12:43That's like, really, when I first smoked weed, I was like, I
- 12:46can be a little bit more chill, and then I would mix it with
- 12:49Adderall. Then I would have a little Xanax
- 12:51and I was just trying to find the right chemical compounds to
- 12:54put my brain in a state where I didn't feel so manic all the
- 12:58time. So I think it's just my genetic
- 13:01makeup, the way I have nothing to do with my upbringing or my
- 13:03family or I. I never felt less than I was.
- 13:05I was the top All Star athlete in every single thing I did.
- 13:08Everything I touched was 4 O's in schools, really high SAT's,
- 13:13amazing three star athlete, always the most popular kid.
- 13:16Like I never wanted for anything.
- 13:19I know. And I never felt less than, you
- 13:20know, it's just, yeah, it was my mind.
- 13:23Yeah. And when you were able to
- 13:26overcome addiction, do you think you like, just replace that
- 13:29addiction with the obsession of success and building and
- 13:34creating and educating and like, you found that way to call?
- 13:38Have you found that way to calm your mind or you've just
- 13:40channelled in your mind into other things that are healthier?
- 13:42For me, exercise and meditation on a daily basis are the only
- 13:46two things that will actually calm my mind down and put it in
- 13:49a state where I can have clarity and focus on a daily basis.
- 13:52I was lucky enough to learn that 25 once I, you know, got my 1st
- 13:55200 K check, like my 1st 200 K Commission check and then blew
- 13:59100K down here in Miami and bought all the Louis bags and
- 14:02rented the Super cars and stayed at the one that money was not
- 14:06going to be my source of happiness.
- 14:08I very quickly and I was miserable, right?
- 14:09And I was like, OK, it's not about money.
- 14:12Like I, I know money is not going to solve my problem.
- 14:15And so it's not necessarily like chasing success or money that
- 14:19makes me feel fulfilled. I think at this point it's
- 14:22really impact, right? Like I only feel fulfilled when
- 14:26I see someone else win and and succeed.
- 14:29And I would say it's actually, you can take that so far, but at
- 14:34some point you, you also have to have some desire for success.
- 14:38And this is something that I had to find out really the hard way.
- 14:41I think pure suppression of ego is not useful.
- 14:46I think managing one's ego in a positive direction is the best
- 14:50way to make sure that you can transform others and have an
- 14:53impact, but still transform your own life.
- 14:56Because purely suppressing ego altogether.
- 14:59I've tried this. It put me in a position where
- 15:01I'm like, I don't want to work. I'm not motivated to do
- 15:04anything. I'm not really.
- 15:05I don't care. I don't care what anybody thinks
- 15:07about me. And so that was a strange
- 15:10realization. That might be a higher level
- 15:12topic, but it was really deep realization last summer for me.
- 15:15No, I love that. I think it's so important
- 15:17because it's, it's I always say that my mission in life is to
- 15:21help other as many people as possible realize their highest
- 15:24potential while I share the journey of me doing the same,
- 15:26you know, so it's not that I'm abandoning my, my life or my
- 15:30dreams or my desires. It's like, no, no, I'm putting
- 15:33myself 1st. And I think I don't know if have
- 15:34you read the book Atlas Shrugged and Rand?
- 15:37I never read it. I was giving it.
- 15:39It's sitting on my you. Should read it, it's really
- 15:40good. I'm sure you'd like it, but
- 15:42basically she says in a way, and I'm probably going to butcher
- 15:45this. I read it when I was 13, Really
- 15:48big book. But in a way, the least selfish
- 15:50thing you could do is be selfish and put yourself first.
- 15:54Because if it's kind of like the saying you can't give the shirt
- 15:57off your back unless you have a shirt to wear, right And so, or
- 16:02you can't put the mask on your kid unless you're breathing in
- 16:05the with the planes going down. And so I really believe in, in
- 16:09hyper independence OR not independence, but self
- 16:13accountability and creating our the life that we want first and
- 16:19then helping or alongside. Like for me, it's well, I do
- 16:23what I'm doing. And on that mission, I'm also
- 16:25bringing up everyone like a rising tide rises, all boats,
- 16:28right? But we can't sacrifice our
- 16:31everything that we desire for some other things because we
- 16:35can't show up our best. And so when I was depressed and
- 16:39miserable and anxious and disconnected, I wasn't able to
- 16:43share my gift with the world. I wasn't able to have an impact
- 16:46on other people's lives. I wasn't able to lead and coach
- 16:50and mentor and train and employ people and create wealth in the
- 16:54economy. And like all of these things
- 16:55because I was abandoning my own wants, needs, fears, desires,
- 16:59and all of those things. And so I love that you said that
- 17:00because it is so important to really know, like, what is my
- 17:03true north? What am I creating for my life
- 17:06and how it is? How are how are other people
- 17:09involved in that impact and like part of that mission, but not
- 17:12abandoning ourselves in the process?
- 17:14Because then you're right, you're like, what am I living
- 17:16for? Like, what is the point in all
- 17:17of this? You can't just be doing it for
- 17:19everyone else. 100%, yeah. But, and I think as you rise in
- 17:23consciousness, because you were talking about that too, is, you
- 17:26know, it's like when you realize that the Maslow's hierarchy of
- 17:31needs, right, you have self realization, self actualization
- 17:34at the top. And part of that is impact and
- 17:37beyond just your own goals, your own financial goals or anything
- 17:41like that. And so when Someone Like You or
- 17:43I experience financial success at a very young age and we
- 17:47realize that that is not the answer to happiness, it is very
- 17:51important to happiness because it buys you the time freedom and
- 17:54the location freedom and the network freedom and like all the
- 17:57health for like all these things to be able to do the things that
- 17:59ultimately make you feel fulfilled and healthy, that it's
- 18:02very hard to accomplish those if you're working at, you know, 16
- 18:05hour shifts at McDonald's your whole life, right?
- 18:08But it in itself will not fix the holes you have inside of
- 18:12you. Like you have to take
- 18:13accountability for that and you have to realize your potential
- 18:17and you have to do the inner work.
- 18:18But when on my journey, that was the same thing as like the
- 18:21simple morning integrity setup is what I call it.
- 18:24Like that morning routine had the biggest initial impact on my
- 18:28transformation above anything else like waking up, getting
- 18:31sunshine, hydrating, going to the gym or going for a run
- 18:34outside. Because initially I was too
- 18:36insecure to go to the gym, so I would just go run alone.
- 18:39And doing those things allowed me to, I actually have some
- 18:42confidence in myself and like feel good and feel energy and
- 18:45feel light and create those compounding effects and these
- 18:49little tiny things that people don't even think about, but
- 18:51they're so important to stick to those habits everyday.
- 18:54Couldn't agree. More.
- 18:55It changed my entire life. It's the.
- 18:57Little things like the little habits every single day that
- 18:59really transform the way you show up in the way that you do
- 19:02everything. And people just abandoned those
- 19:04habits and they abandoned themselves.
- 19:05Like if you're unhealthy, it doesn't matter how much money
- 19:09you have, you're not successful, right?
- 19:12And so it's like, how do we build success and create success
- 19:16while not sacrificing our peace and our energy and our happiness
- 19:19and our health and our connection with the people that
- 19:21we love The only. Way to actually change yourself
- 19:24as a person is to consistently follow a repeated set of habits
- 19:28and actions, right? No amount of information or
- 19:30podcast or book is actually going to change the way that
- 19:33your mind works. And for somebody that doesn't,
- 19:35that's not in the position that they want to be in in their
- 19:37life, whether it's mentally, physically, spiritually,
- 19:39financially, the only way to get to the position that you want is
- 19:42to take small daily actions that rewire the way that your mind
- 19:45responds to stimulus. Because you most people have the
- 19:49capacity to be successful, but they're not capable of
- 19:52processing the first thought that enters their mind in a way
- 19:55that gets through their fear, that gets through their bias,
- 19:57that gets through their judgment and taking action that's going
- 20:00to put them on the right path. And so that daily reworking
- 20:04through habits is the only way to change your way your mind
- 20:07works and become successful in all domains.
- 20:09Yeah. So I want to shift gears because
- 20:12we could do hours on this, I'm sure, but I want to shift gears
- 20:15into some actual tactical leadership scaling companies.
- 20:20You know, I have a, a newer company right now, HP Capitals,
- 20:22where national debt neck fee capital advisory firm.
- 20:25We basically finance commercial real estate projects and would
- 20:28let you know, my mission is to scale that to $100 million
- 20:31company. And I've always been a
- 20:33bootstrapped scrappy startup founder.
- 20:35You know, I've worked for a big corporation after I graduated
- 20:40engineering school for about a year and a half, but other than
- 20:43that, I've just been off as an entrepreneur.
- 20:45So would love to just kind of dive in because you helped scale
- 20:4910X Health with Grant Cardone and Brandon Dawson to an 8
- 20:53figure company pretty quickly. And I want to like just learn
- 20:56about your experience there, What you found that they did
- 21:00really well or you did really well, what you would change or
- 21:03some of the mistakes in that organization.
- 21:05That's a very well known that organization that's massive.
- 21:09And then how you were able to build out such an incredible
- 21:13team because I find this as my roadblock, right?
- 21:17I'm like, my biggest bottleneck is finding great people and
- 21:20leading them in the right way, right?
- 21:22And so I just really want to dive into that leadership and
- 21:24how you were able to build such a great team.
- 21:26I've watched your videos and you're, you had like very low
- 21:29turnover rates and you were you incentivize your team to like
- 21:32really be passionate about growing this new endeavor.
- 21:35And so, yeah. What was your experience like
- 21:37there and what'd you learn? So it began.
- 21:39Right before 10X when I was scaling this company called
- 21:42Health Gains and when I went and they were doing 4 million, every
- 21:45employee was micromanaged. They all hated their lives.
- 21:47They had a very strict dress code and cultural code and poor
- 21:52incentives and literally nobody wanted to work.
- 21:54They were losing 500 K per year out of $4 million run rate.
- 21:59And so the first thing that I did as a sales manager was going
- 22:03to the sales meetings and I didn't try and tell them
- 22:05anything. I didn't try and make any large
- 22:08changes. I said, hey guys, I'm going to
- 22:11write on a whiteboard right now the portions of the process that
- 22:14you find that we could improve in from an operational
- 22:18standpoint, from a marketing standpoint and from a sales
- 22:21collateral and, and help standpoint.
- 22:24OK. And so we wrote down like 50
- 22:26things and I said, all right, guys, I made 200K in a month
- 22:30before in sales. So I can teach you guys a little
- 22:32bit about sales. I know I don't know about
- 22:34medicine. I know I don't know about some
- 22:36of the things here. But I promise you if you guys
- 22:40focus on what's within your control, I will focus on what's
- 22:44within my control. And I will make as many changes
- 22:46as possible to help you guys start to improve these systems.
- 22:49You just have to promise me one thing, that you will all remain
- 22:52open, open minded and coachable through this process.
- 22:56And they were like, yeah, OK, these are like Fred Flintstone
- 22:59type of guys, OK? They weren't even writing in the
- 23:01CRM handwriting notes. This was like, this was my first
- 23:04Test. OK.
- 23:06So what I started doing with them was teaching them how to
- 23:09meditate every single morning through a guided meditation.
- 23:12We would sit down. And most of them begrudgingly
- 23:14would sit there and be like, this is a joke.
- 23:16Like, who is this guy? Why are you doing this?
- 23:18And I would read pages out of this book called Mindset by
- 23:20Carol Dweck about how to be more open and coachable.
- 23:24And I would start to teach them about their mind and about
- 23:26psychology and things that I had learned with an influence and
- 23:28sales. And I would give them these
- 23:30small little tidbits of information that would paint a
- 23:32picture in their head that they could hold onto.
- 23:35I believe that most people describe training or protocols
- 23:41to their team in a way that will never allow them to retain and
- 23:45implement what they are teaching.
- 23:47I draw pictures with my words and I use very specific details
- 23:52to help them see and understand when a situation comes in.
- 23:55They already know how to handle it because Wade drew an image in
- 23:58my mind about how I should handle this.
- 23:59It's not like he gave me a script and I threw away their
- 24:03script. And I say, guys, there's five
- 24:05sections, 5 frameworks that I want you to hit on.
- 24:07We're going to start practicing these each day.
- 24:10So we started, I started just making change after change,
- 24:13leading from the front, showing them.
- 24:15Everything started improving with this company and what I
- 24:18realized is I didn't know anything about these guys.
- 24:21I didn't know there are personal goals.
- 24:23I didn't really know how to motivate them.
- 24:24I didn't know how they like to be spoken to.
- 24:26I would just tell them, like, you suck if you can't make 100
- 24:30KA month, you know, if you can't sell 100 KA month.
- 24:32And like only one guy on the team responded to that, right?
- 24:34The the driver, like Bulldog, everyone else was like, man,
- 24:37this is no fun. So this is when I set goals with
- 24:39each and every one of them. And I figured out what was that
- 24:41one thing that was going to drive them forward.
- 24:43A a new BMWA, new watch, a surf trip, a Chanel bag for homie's
- 24:47wife. And I would only ever say to
- 24:50them when they were not performing, Hey, Mike, do you
- 24:53think those actions are going to get you any closer to getting
- 24:55Chelsea that blue Chanel bag? And you're like, damn, you're
- 24:57right. I better go get it.
- 24:59That's it. I just reframed that really
- 25:01quickly. I found out their goals.
- 25:03I begged the business owner to change the incentive structure,
- 25:06to gamify things, to have a tiered bonus structure, to have
- 25:09a monthly bonus, to have a quarterly bonus.
- 25:12I told them to untuck their shirts and stop wearing the
- 25:14stupid wing tip shoes. And we're going to listen to
- 25:16Future and Yo Gotti instead of his stupid Christmas music.
- 25:19I just started making changes where they were like, that is
- 25:23our leader. That guy's personally developing
- 25:26us each and every day. He's giving, He's teaching us
- 25:28all these things about mindset and psychology and influence.
- 25:31He's not just like drilling the sales script.
- 25:34He's not like only teaching us about this stupid shit.
- 25:36He actually understands us and what we're motivated by and he's
- 25:41leading from the front. They would show up every day.
- 25:42I was there way before everyone preparing every single day.
- 25:46I would go home at night and I would prepare what I wanted to
- 25:48teach them the next day. I would give them all things
- 25:51that would help them develop. Now I also would consistently
- 25:55remind them, guys, we just grew 100K month over month and we
- 25:59haven't even started making changes here yet.
- 26:01Not many. This company is going to be on a
- 26:04rocket ship and I need leaders. So if any of you have a desire
- 26:09to move up into leadership roles, which I know some of you
- 26:13do, I'm going to start to empower you all to think as the
- 26:16position that you desire. So when you come into my office
- 26:20and you ask me what should I do about this or bitch about the
- 26:22leads or whatever, I'm going to ask you two things.
- 26:25What do you think the solution is?
- 26:28And what would you do if you were me?
- 26:30OK. And I started putting them
- 26:31through this framework and all of a sudden we didn't have any
- 26:34problems. They would come to me and they
- 26:36would say, hey, I had this little issue.
- 26:38And I thought about this is the solution.
- 26:39And I thought, this is what I might do.
- 26:41Is that OK? Yes, run.
- 26:43Absolutely. Go for it.
- 26:44This type of empowering leadership really changed the
- 26:47culture. And I moved these people up
- 26:49appropriately. When I went to 10X, they
- 26:52actually had a system for this. And the system is unbelievable.
- 26:57This is Brandon Dawson's genius. After 60 days, you sit down with
- 27:01your manager, you discuss your goals, personal goals, business
- 27:05goals, lifestyle goals. So he would take it to the next
- 27:07level. He would say in business, what
- 27:09do you want to be in one year? Oh, I want to go from sales to
- 27:11manager in three years. Oh director in five years, Oh
- 27:14executive, how much pay do you want to make each way along the
- 27:17way? OK, great, let's road map this
- 27:18out. Your lifestyle goals when you
- 27:20want a house and kids and what do you want your life to really
- 27:23look like? Not just like that one thing
- 27:25that they wanted that year and then personally goes, who did
- 27:28you want to become? And once we map that out, he
- 27:30created this thing called an employee maturity model, which
- 27:33was showing them all along the way, one year, three-year, five
- 27:37years, what benchmarks and competencies they needed to hit.
- 27:39And then what training we would give them to move into
- 27:42management, to move into a director, to move into an
- 27:44executive. And everyone on one meeting that
- 27:47they would have with their manager was looking at how they
- 27:49were doing in accordance with the goals that they had set for
- 27:52themselves. So is this the most genius
- 27:55framework I've ever seen? And that was that as well as
- 27:59incentivizing every single employee in the company.
- 28:02And these are the two geniuses of Brandon Dawson that I will
- 28:04forever use in any company. Once you have that goal
- 28:07framework and that employee maturity model, you have to
- 28:10figure out what every position in the company can do that will
- 28:14earn them 10 to 15% bonus compensation per month.
- 28:18So for example, my front office coordinator, I would say, look,
- 28:20if you can get two video testimonials, 2 Google five star
- 28:23reviews and two referrals every single month I'm going to give
- 28:26you 15% bonus. And what's she going to say?
- 28:28I don't know how to do that. I'm afraid to talk to people.
- 28:31I'm not in sales, Wade, I'm no good at that.
- 28:33And I would say, guess what? I created you a script.
- 28:36It's a question based framework. And every single morning when I
- 28:38come in here, I'm the first person in here and you're always
- 28:40here early too. You and I are going to do a
- 28:41little bit of role play and I'm going to help you do this thing.
- 28:44And guess what? If you can do that four months
- 28:46in a row, you're going to get $4000 and you can get that the
- 28:51Louie bag that you wanted. Because I knew what she wanted
- 28:55and then my incentive was tied to that thing that she wanted
- 28:58and I was training her. And I would also teach her about
- 29:00sales in general and persuasion and psychology.
- 29:02Every single employee within the business, didn't matter if you
- 29:04were the bookkeeper or a salesperson or an executive, you
- 29:08went through sales training for 10 minutes every single morning.
- 29:10You watched grant videos. I eventually would give them
- 29:12some other videos of Jeremy Lee minor video or whoever in my
- 29:15other companies. But when you have that
- 29:17foundation and then lastly, this thing that I would do that was
- 29:21nothing that that Brandon or Tenex did, but I wanted to bring
- 29:25departments together and create synergy in what I call a
- 29:28flywheel, OK? So I think it's a real problem
- 29:31in most businesses you have when you have acquisition and
- 29:34fulfillment and there's no communication between
- 29:37acquisition and fulfillment, the handoff sucks.
- 29:40What they were promised in marketing or in sales never got
- 29:43delivered in operations. And then operations can't get
- 29:45referrals or they don't know how to get referrals.
- 29:47And so my whole the flywheel methodology is right.
- 29:51We get people through sales and marketing and then in operations
- 29:54we delight them so much that we can ask for a referral and bring
- 29:56new people back into the company.
- 29:58But how can we do that? This requires what I used to do
- 30:02is once a week on a whiteboard helping every department
- 30:05understand what happens from the moment someone sees our message
- 30:10to fills out a lead form to, gets a call to, gets a text to
- 30:13goes through the cadence sequence to, gets closed to,
- 30:15gets onboarded, and the entire company would be there.
- 30:17And I would say and then what, and then what, and then what?
- 30:20And I wouldn't write on the whiteboard.
- 30:21I would make one of my employees do it and we would go through
- 30:24this process together and everybody could see what each
- 30:27department did. So now there's no more bitching
- 30:30about like this lady doesn't do this and sales promises this and
- 30:34copywriting sucks. It's like no guys, we're A-Team
- 30:36together. And then I would say the last
- 30:39thing that I did was I would put sales and marketing and meetings
- 30:42together once a week. So in my sales meetings, I would
- 30:44bring the marketing guy in and I would say, alright guys, what
- 30:46are the objections and frequently asked questions that
- 30:48you're getting this week? And we're going to walk through
- 30:51those together, You and me, me, your sales manager, you guys,
- 30:54the sales people, we're going to role play those.
- 30:56We're going to video record this whole thing.
- 30:58And then the marketing team who's sitting in here watching,
- 31:00not taking notes, but watching and listening and absorbing is
- 31:02going to take that video and they're going to use all of that
- 31:06to start to create collateral blog articles, vlogs, anything
- 31:10that we do. So now they really know what our
- 31:12brand message is. Rather than researching what
- 31:15they think the answer is in creating content based upon what
- 31:18the market is showing, they're doing it based upon what people
- 31:20are actually asking us and what we believe is a company now.
- 31:24Now today we do this process and we just literally take that
- 31:27video and dump it in notebook LM, create a transcript and then
- 31:30create SOP, training manual scripts, everything we want from
- 31:34that. And so it's that cultural
- 31:36synergy above and beyond incentives and goal setting that
- 31:39I think are nobody talks about this.
- 31:41Nobody does this, Yeah. What would it like, because I
- 31:44was thinking as you're talking about, you know, your your
- 31:46bookkeeper or your office manager, that type of thing,
- 31:50what are some ideas of some incentives and you said up to
- 31:5315% per month of their whatever their pay is.
- 31:58So yeah, what what would be some ideas of incentives for
- 32:01operational type roles? OK, so the bookkeeper.
- 32:04Was closing the books like 12 to 15 days into the following month
- 32:09when I first came in. OK, How am I going to make any
- 32:12decisions with the cash? How can I spend more on ads and
- 32:14marketing? When can I buy more products?
- 32:16How my cash flow analysis is shot?
- 32:17I get it 15 days into the following month.
- 32:20How can I ever proactively make any decisions?
- 32:22I have no idea. I said, listen, if you can close
- 32:24the books 5 days into the following month, I'll give you
- 32:2715% three days into the next month.
- 32:30Every single month I had the numbers.
- 32:32And that weekend I would sit there that day, that night, I
- 32:34would sit there and I would look at everything and I would say,
- 32:36all right, here's what we can start to spend.
- 32:37I would look at our percentage of gross.
- 32:39I would say, how much can we start to spend?
- 32:40When can we bring on the next employee?
- 32:42Because really the one of the most important things about
- 32:44scale, like look, I can dial up and dial back my ad spend in my
- 32:47marketing very easily. Like that's not a huge deal.
- 32:50But if I order a bunch of product and then I sit on it for
- 32:52a long time, like not good. OK, But the worst is hiring a
- 32:57new employee. OK, This is the biggest cost
- 33:00that we will ever face. And so I'm constantly looking at
- 33:03based upon all of this, our revenue per employee and our
- 33:07capacity of each employee. When can I bring on the next
- 33:09employee? And when I had that decision in
- 33:11real time, it would allow me to go to to Brandon and Natalie.
- 33:14Natalie and I would sit down every all, the only thing
- 33:16Natalie and I ever talked about was the org chart.
- 33:20Every once a week, every week, we sat there with a massive org
- 33:23chart and we just scrutinized how's this person doing?
- 33:26How's that person doing? What are they doing towards
- 33:27their goals? When do we need to replace this
- 33:29person? What's revenue per employee?
- 33:31Who are you going to bring on next?
- 33:32Why are you going to bring that person on next?
- 33:34And we had to develop a case for why that role was needed next in
- 33:36order to reach the goals and scale the company.
- 33:38And so anyway that that financial knowledge was and how
- 33:41did you make those? Decisions, you know, I was like
- 33:43revenue because I, I struggle with that right now.
- 33:46Like I don't know who to bring on next right, or what that
- 33:48right timing is to bring each person on sometimes.
- 33:51And so sometimes I feel like I get a little bit stuck with
- 33:53knowing what that key decision is.
- 33:55Like obviously we always need, we're always hiring from our
- 33:58producers, like salespeople, but how do I know what that next
- 34:02operational person is or, you know, head of OPS or director of
- 34:05OPS or CFO? And like just those decisions of
- 34:08hiring down versus hiring up and just building up middle
- 34:11management as you increase or hiring the top people first and
- 34:16then letting them hire out your departments down.
- 34:18And so these are some of the things I'm going through right
- 34:20now, my organization and making these correct decisions,
- 34:23especially when every dollar needs to be accounted for and
- 34:26like what's the highest return on the the salary that we're
- 34:30going to have to deploy to these types of people that we need and
- 34:32we really need all of them. This is by far the hardest part.
- 34:35Of scaling a business, there's never been anything harder.
- 34:37Who do you hire next? What position and what level do
- 34:40you want them to operate at? So you have to ask yourself
- 34:42this, do you have a referral program?
- 34:43Are they incentivized to get referrals or or bring in their
- 34:46own leads? I mean, we have.
- 34:47A referral program for recruiting talent.
- 34:49So if they were for other producers, what about for new
- 34:51deals? For new.
- 34:53Deal. Well, if someone refers us
- 34:56deals, we have a referral program as long as it's allowed.
- 34:59What about a producer? Reaching out to somebody that
- 35:01they already closed and asking them about other people that
- 35:04they know that may be interested in in the loan.
- 35:07I mean, I don't, I don't know if they're doing that to get more
- 35:10business. Yeah, they should be.
- 35:13Probably not right? Probably not.
- 35:15OK, so. I mean, like that's obviously
- 35:18one of the easiest ways you can pick up even if you picked up
- 35:207%, you know, extra deals right there.
- 35:21You change your company by 7% and all you did was implement A
- 35:24referral program for them. I think that's where having a
- 35:27sales manager is really important.
- 35:28Like I, I don't personally believe in a player coach
- 35:30because a player coach isn't actually developing, leading,
- 35:32managing training, helping with referral scripting system, like
- 35:35any of that sort of stuff. And I've always thought the
- 35:37biggest lift is increasing the capacity of salespeople.
- 35:41Like when you drive a culture in which like people are really
- 35:44moving business forward and motivated.
- 35:46Not to say that they're not motivated, but there's always
- 35:48like a little bit extra that you can do without spending an
- 35:50additional dollar on marketing. That's only going to come from a
- 35:53sales manager who's dedicating all their time to managing,
- 35:55leading, growing, developing people.
- 35:57So I, I always think that that's the first move to make there.
- 36:00And especially like your fulfillment process is pretty
- 36:02basic. It's not like having an
- 36:03operations manager is going to be something that seems
- 36:06imperative right now. But I think the biggest thing to
- 36:08look at is like, where are you capped as a leader?
- 36:11Like what things could you add to the business that are going
- 36:13to generate more revenue and help you get to your goals that
- 36:15you don't want to do or aren't good at doing or isn't within,
- 36:18like what you know your capacity is?
- 36:21And then saying, OK, what what position is next in order to
- 36:23drive the business forward? What's going to make the biggest
- 36:25impact in the business? Now, there's two schools of
- 36:29thought. You could hire a manager, right?
- 36:31It's manager, director, C-Suite, right?
- 36:34And that's going to determine their experience, how much they
- 36:37do within a business and how much they get paid.
- 36:40OK. And this is what a lot of people
- 36:41miss is they're like, I'm just going to bring in a director
- 36:44when they should have brought on a manager.
- 36:45And it's like, hey, your business is not in the position
- 36:48where you need a director yet based upon how much you guys are
- 36:50generating in revenue and how much you're doing in that
- 36:52profit. But if you're growing at a rate
- 36:56where you're like, hey, I'm going to need a director within
- 36:59a year, bring in a director now and pay them as a director.
- 37:03And that person needs to have the experience, they need to
- 37:05have the incentive and they need to be so forward thinking and
- 37:08bought into the company that they're going to develop
- 37:10downstream in front of them. So it's based upon how fast
- 37:14you're growing, what you're doing in revenue, how much
- 37:16involvement you want to have and how well you can sell someone
- 37:20into the vision. There's a lot of variables that
- 37:22go into it. Like not every company is the
- 37:24same as to whether they go manager, director, C-Suite.
- 37:27Sometimes it's better to find like a partner at a very at a
- 37:29higher level, pay them accordingly and then have them
- 37:32develop downstream with you, right.
- 37:34So that depends a lot on you and putting together like a huge
- 37:37vision. It's a yeah.
- 37:39It's not like a a process one-size-fits-all.
- 37:41Not at all. Right and, and, and it very much
- 37:44depends upon a lot of things and, and especially you as a
- 37:46business owner, what you want to do.
- 37:48Like Richard Branson just went and found top level talent and
- 37:51every single company he ever started, right?
- 37:53He did the framework, the talent and he just went straight to CEO
- 37:56every single time. That's why he has 10 billion
- 37:59dollar companies cause those people are the ones that grew
- 38:01the companies he implemented his frameworks, his culture, his
- 38:05system, his branding, his messaging and he created
- 38:08leadership at the top that trickled down.
- 38:10But that has to be developed so tight.
- 38:13You can't let someone else develop that for you.
- 38:16If that framework is. There then yes, you can bring in
- 38:18AC level or director, but it also depends how much
- 38:22involvement you want and what you want to do and how much
- 38:24profit you want to retain in the early going and how much equity
- 38:26you want to give away. Yeah, it.
- 38:28Really is an art, you know, business and entrepreneurship,
- 38:31it's an art. But I realized that I am
- 38:33obviously the bottleneck because I'm just doing so many thing and
- 38:36I'm wearing so many hats and if I have to do every single
- 38:40interview and I, my schedule is 3 months booked out, how do I
- 38:44hire more people, right? Because it just becomes I'm the
- 38:47bottleneck. And so then it's like, OK, well
- 38:49we need producers, but I'm the bottleneck and getting more
- 38:52producers. And so should I hire a recruiter
- 38:55or so, or should we try to get the, you know, get the But yeah,
- 38:59100% a. Sales.
- 39:00Manager to get the producers to be able to produce more and do
- 39:03all this stuff both you could you could take.
- 39:05Both on at the same time. Look, the two best things that
- 39:07you could do right now is sales manager and recruiter.
- 39:10You should not be doing any of that.
- 39:11OK. And and what you want to look at
- 39:13is what meetings do you need to be a part of and what meetings
- 39:16do you not need to be a part of. The only way you cannot be a
- 39:18part of meetings is to take everything that's in your head
- 39:21and be able to systematically help your team understand how
- 39:24you think, what you want to do, what the long term vision is and
- 39:26how they should conduct themselves in a company.
- 39:29And they're going to forget week over week over week.
- 39:31And so I would take all of that and I would deliver that to my
- 39:34team in a daily, all teams meeting where we're going, what
- 39:36we're about, client wins, good things that happened, things we
- 39:39need to improve. And I would consistently deliver
- 39:42that to them so that they embodied that culture in my mind
- 39:45and how I wanted to be on a daily basis.
- 39:47So I could just let them do their work.
- 39:49Are they going to operate as efficiently as me?
- 39:51Are they going to make mistakes? Yeah, of course they're going to
- 39:52make mistakes. I want to let them fail upwards,
- 39:55right. But if I can get them to 80% of,
- 39:57of what I'm doing and, and what I know, then I, you know, I hand
- 40:01these things off to them. But you got to get that out so
- 40:05that they they have that information.
- 40:07How long would you run? Your daily meetings 15 minutes
- 40:11daily All teams meeting. 300 people on a Zoom call. 15
- 40:14minutes. Here's where we are cash
- 40:17collected for the month. Here's where we were On this
- 40:19date last month. Cash collected.
- 40:20Here's where we were on our best month in the past year On this
- 40:23date. Cash collected.
- 40:24Here's a client win. Here's a patient.
- 40:26Here's a client win. An employee win.
- 40:29Some good things that happen. Here's some news about the
- 40:31industry or something that's changed.
- 40:32Here's an event that we have coming up.
- 40:34Here's what we're getting prepared for.
- 40:35Here's the one big goal that we have this month.
- 40:37Here's the one big goal that we have this quarter and then I
- 40:40would remind every single person, guys, the most important
- 40:42things that you can possibly do on a daily basis are understand
- 40:45100% clarity on what it is you're supposed to be doing
- 40:49today and this week. And if you don't have that
- 40:51clarity, make sure you're talking to your manager about
- 40:52what that clarity is. And then consistently looking
- 40:55for roadblocks as opportunity to grow.
- 40:57If we don't have problems in this business, the business
- 40:59isn't growing. So if you don't have problems,
- 41:01then you're not going to have a job.
- 41:02So I hope that you can consistently find problems and
- 41:04rather bring the problems to your manager as a problem.
- 41:06You find the solution and bring them and we collectively solve
- 41:08them as a team. Your ability to develop as a
- 41:11person and stay open minded is going to move you up within this
- 41:13company. I know so many of you.
- 41:15And then I would talk. Hamilton just closed a $30,000
- 41:18deal yesterday. This guy just got a BMWJ, just
- 41:21proposed to his girlfriend, whatever.
- 41:22And I would consistently show that, plus client wins and at
- 41:25the end of every morning, they were just so juiced up to win
- 41:28the day. Then I would have an executive
- 41:30meeting once a week, a sales meeting every single day for 30
- 41:34minutes. Like imperative, the most
- 41:36important thing ever, because I don't care how good or motivated
- 41:39or incentivized salespeople are, they're going to get lazy.
- 41:41They're going to get negative pessimistic thoughts.
- 41:43They're going to have a bad month.
- 41:44They're going to shortcut deals. They're, they're always going to
- 41:47revert to like the way that they were without management and
- 41:50leadership. And so I think that sales
- 41:52management is imperative. And then look like I would in
- 41:56terms of like bringing on new people and those interview
- 41:59process, if they got to the interview process.
- 42:02And I said to them, like, how much do you know about what we
- 42:05do? And they're like, oh, a little
- 42:07bit. But I was hoping that you could
- 42:09tell me a little bit more. I would say, hey, you know what?
- 42:13I was hoping that you would come prepared.
- 42:15And since you weren't, I think this is not a good fit.
- 42:18Like that opening question. I can't tell you how many times
- 42:21I did that. And then what I would do is I
- 42:22would go to my HR manager or the person who sent them to me, my
- 42:26operations manager, whoever. And I would say, hey, my time is
- 42:29very valuable as is yours, right?
- 42:30Yes, OK. That person didn't even know
- 42:32what we did as a company. How did they get past you?
- 42:35I'm not worried about that person coming to interview me.
- 42:38I'm worried right now about what happened in the process, that
- 42:42you didn't ask that question and that you thought they would even
- 42:44be a good fit to come and talk to me.
- 42:46And so I was constantly filtering through that where
- 42:50like you should never be starting from the beginning when
- 42:52it comes to recruiting or, or whatever it is, you know, like
- 42:55there should be someone that helps you filter a bunch of that
- 42:57bullshit out. Yeah, yeah.
- 42:59And I. Work with recruiters to do that,
- 43:01but you know, they're outsourced, they're not in
- 43:02house. But it's tough because 100 like
- 43:05producing commercial mortgage brokers and equity advisors are
- 43:09not really people that are generally looking on on Indeed
- 43:13like they have to be headhunted and and it's so relationship
- 43:16based. And so that's another thing is I
- 43:17feel like this particular company, I have another company,
- 43:20but this is this company is new. I just operationally got it
- 43:23launched the halfway through last year.
- 43:25So we're very just getting off the ground.
- 43:29But I feel like I need to know every single person that's
- 43:33coming aboard, like I need to do that interview with with each
- 43:35person and I have to really sell the vision on what we're
- 43:38creating and what we're all about.
- 43:39That one. It's also really hard to find
- 43:41any recruiters that are recruiting for this type of
- 43:45position that it's 100% Commission position and we're
- 43:48looking for very experienced people that already have a book
- 43:50of business and who are the best of the best because we don't
- 43:52want, I don't want any any B players in the company,
- 43:56especially on our production side.
- 43:58So, so, yeah, I'm thinking the best way would be to hire an in
- 44:02person recruiter that has the relationships that's been at all
- 44:05the big firms, the CBR, ES and the JLLS, the North Marks.
- 44:08And actually maybe as a sales manager at one of the bigger
- 44:12companies and has those relationships in that trust
- 44:14because we are such a new company.
- 44:16Like somebody like that would be integral to being able to where
- 44:18they can make a phone call me like, hey, this is what we're
- 44:20building this what we're doing. And that could actually help
- 44:23offload a lot of that off my plate because I, I think that's
- 44:26a big bottleneck right now. I think that.
- 44:28Adds a lot to your company, like paying that person appropriately
- 44:32and finding somebody in that role will add how do I find
- 44:34that? Person what?
- 44:36The recruiter. Yeah, I.
- 44:37Mean you're building. Your personal brand enough to
- 44:39post on your story, you know? Yeah, yeah.
- 44:42So you should. Post on your story.
- 44:43I would constantly be just asking for introductions,
- 44:46telling everybody what you're trying to find and what you're
- 44:48trying to do. Anybody that you know, like,
- 44:49hey, I'm looking for, I'm looking to bring a recruiter on.
- 44:52You can post online, but like you said, if that's not the best
- 44:55way, I think consistently demonstrating what your vision
- 44:59is for the company so that people can outwardly see that.
- 45:01It used to be on your website. Now it's YouTube, Instagram, you
- 45:04know what you do? But if people can see that
- 45:06you're really growing really fast and a part of a big vision,
- 45:08then like you're more likely to attract that.
- 45:11But quite honestly, I looked through your stuff, like, I
- 45:12think you're already doing that. Maybe you could do it a little
- 45:15bit more. But yeah, sometimes it takes
- 45:17time to find the right person, Right?
- 45:19Yeah. And I.
- 45:19Don't probably leverage my brain enough for like the asks that I
- 45:23have within the company of actually internally just
- 45:26everybody. Yeah, everybody, I would.
- 45:29Never be shameful about, hey, this is the this is the position
- 45:32that we have open. Yeah, I love this.
- 45:34This all the structures that you said and it just gives, gives me
- 45:36a bunch of ideas. It's just a matter of right idea
- 45:38to implementation. There's all these things that we
- 45:40know we have to do, but when you don't have a massive
- 45:42organization or a massive team or billions of dollars in the
- 45:45bank account or of investor capital to be able to grow in
- 45:48skill, it's like that founder bootstrap startups.
- 45:51Like what is that most critical thing that you do next?
- 45:53And what do you let go of or who do you bring aboard?
- 45:56Because every, but you know, every dollar counts, right?
- 45:59And the number one cause of business failure is lack of
- 46:02working capital. And you can blow through capital
- 46:03so quick. And so that's what I've always
- 46:06have experience as a founder, just making those key decisions
- 46:08and making the right decisions in a way that's actually going
- 46:11to move the needle in the direction of what you're trying
- 46:14to accomplish and not blow your company up at the same time.
- 46:17That's why I think it's really. Useful to work with some form of
- 46:21a mentor or guide who can ask you questions to get you to
- 46:23uncover things that you didn't know that you didn't know right,
- 46:27Because in business there's a bunch of stuff that you know and
- 46:29there's a bunch of stuff that maybe your mentor will tell your
- 46:31people will guide you, but there may be these things that someone
- 46:34else can help you uncover. Hey, I didn't even know that.
- 46:36I didn't even know this. And then when you start to be
- 46:38able to think about that thing, then you can make a decision
- 46:40with a different framework. How do you run your?
- 46:43Interviews, OK. So I preframe as another thing I
- 46:46was going to tell you. I preframe every single
- 46:49conversation, even with my mom. Hey mom, I got 5 minutes.
- 46:53I'd love to know more about your day.
- 46:55Any erroneous details in this conversation are not going to
- 46:58help me be an active participant.
- 47:00So just give me the facts and I'll be able to respond because
- 47:02I love you. Pre frame everything.
- 47:05Someone comes into my office. Mike, what's up, man?
- 47:07Hey, I was wondering if we could review this call.
- 47:09Absolutely, Mike. Let's get right to it.
- 47:10I only got a few minutes, but I'm more than happy to help you.
- 47:13Interview comes in. Hey, awesome.
- 47:15Thanks. Thanks for thanks for joining
- 47:16us. Look through everything point of
- 47:18this conversation is obviously to find out a little bit more
- 47:20about you, how much you know about us and if you're a good
- 47:22fit for the company at the end of this, you know, once we
- 47:26finish, we'll, we'll, we have a bunch of other candidates that
- 47:28we're interviewing and then we'll make that decision, you
- 47:30know, within a couple of weeks and and let you know, but let's
- 47:32let's get right into it. And and hey, I got 15 minutes, I
- 47:35got 20 minutes and I'm just going to tell them right up
- 47:37front sales conversation, everything.
- 47:38I pre frame everything to let people know.
- 47:40Like I'm not a Dick but I have things to do.
- 47:43I need to be as efficient as human.
- 47:44I do that too, yeah. And and So what had you asked
- 47:46me? Sorry, yeah, how you run your
- 47:47interview? Processes so like to really, I
- 47:51feel like I'm a bad interviewer. I fall in love with people's
- 47:53stories and like all this stuff. So like, how are you efficient?
- 47:56And I also don't have time, a lot of time.
- 47:57So like, how are you really efficient to understand quickly
- 48:00is this person a good fit for our company and for this role?
- 48:04So preframe I preframe everything.
- 48:06But I rarely hired people who have like the exact specifical
- 48:11technical aptitude that I needed.
- 48:13I wanted to ask them certain questions that would help me see
- 48:16how they received feedback, how open minded and focus they were.
- 48:20I would also tell them like, hey, this company is growing so
- 48:24rapidly that this is not your typical nine to five job.
- 48:28Like are you the type of person that really wants to grow and
- 48:31put in your all and is not looking to just punch a clock in
- 48:34and out like go above and beyond?
- 48:35Or you more concerned with finding a role that meets the
- 48:38perfect 9:00 to 5:00 so you can be comfortable outside of work?
- 48:41I would just ask him. And if like, yeah, man, like I
- 48:44have kickball on Tuesdays and I want to take my wife out, I'd be
- 48:47like, look, that's great. This is a culture of excellence
- 48:50and rapid growth, and you will be paid proportionately to that.
- 48:53But we are looking for people that are all in on this
- 48:56opportunity. So I'd ask some questions like
- 48:58that. I would also ask them like, how
- 48:59much do you know about what we do?
- 49:01Every industry is different, but I I was just Captain Dickhead
- 49:04when it came to this. If they came into my office and
- 49:06they were like, I was hoping you could tell me what you do.
- 49:09I'm like you didn't funnel hack, you didn't submit a lead, you
- 49:12didn't create a fake Gmail address you don't know anything
- 49:14about we do. You didn't look up me, you
- 49:15didn't look up the exact how. Like I don't even understand how
- 49:18people could lack such awareness to go into an interview without
- 49:22any preparation. It just shows me how ill
- 49:24prepared you are. I I poached people 100% of the
- 49:28time. I got a couple interviews off
- 49:30off indeed but I was poaching people from other places all the
- 49:33time. I was literally using my own
- 49:34Instagram just like poach people, nurses, NPSPASI would go
- 49:38to like other clinics and I would see who they tagged and
- 49:41then I would go follow that person.
- 49:43I won't even say a word and then they would follow me back and
- 49:45see what I was doing. At 10.
- 49:47XI just went massive follow, same with LinkedIn.
- 49:49Just go and follow a bunch of people.
- 49:50Never sent any outreach. No bullshit.
- 49:52No hey I'm looking for an open position.
- 49:53Just curate this network of people.
- 49:56And then I went and bought a watch and the girl who sold me
- 49:58the watch was like, excellent, like, incredible.
- 50:02Asked me all the questions. Super polished, super refined.
- 50:05I'm like, hey, you, you, you like doing this?
- 50:07So yeah, it's pretty good. I'm like, oh, nice.
- 50:09How much you make last year? She's like 120.
- 50:11I'm like, have you ever considered another position?
- 50:13You've been in sales for a while?
- 50:15Yeah. Yeah, I would.
- 50:15I'm like, what are your passions?
- 50:16She's like, I love skin care and I like this and like that.
- 50:18I'm like, oh, nice. Like, you know anything about
- 50:20functional medicine? She's like hormone.
- 50:21So I'm like, yeah, I'm like, yeah, I run a functional
- 50:24medicine company. She's like, I love all that.
- 50:26I'm obsessed with that. I'm like, oh, that's nice.
- 50:28You think if I could show you a way to make 200K that you might
- 50:30consider a job position for that?
- 50:32She's like, yeah, sure. What do you got?
- 50:33I'm like, oh, nice. Here, I'm going to send you some
- 50:35information and then we can set up an interview if it makes
- 50:37sense. Real estate agent, yacht broker.
- 50:41These guys had no experience in medicine.
- 50:43They liked the industry, and so they thought it was cool if
- 50:46someone was like, no, I don't care about this, I only want to
- 50:48make money. Sorry, not a good fit, but it's,
- 50:51I was just constantly poaching like that, like all the time.
- 50:55And then in the interview process, sometimes depending
- 50:58upon the role, I would like do a little role play or something
- 51:01with them. And then I would give them, I
- 51:02don't care how bad they blew the role play.
- 51:04Sometimes, like in an interview, it's hard.
- 51:06You're not perfect. If they understood the basic
- 51:08frameworks and foundation of like asking questions rather
- 51:11than pitching too early. And they walk through stuff and
- 51:13I give them feedback and they ever say to me, yeah, yeah,
- 51:17yeah. But see you later, you can't
- 51:21even accept any feedback like you're not working here.
- 51:23There's no chance. But interviewing is hard.
- 51:26You know, it's it's the hardest thing about running a company.
- 51:29So I'll say this now you can use something called a crit
- 51:33framework. Do you know what this is?
- 51:35Crick Crit. Crit No OK, you're going to use.
- 51:38Claude in a way in which you give Claude context and you say
- 51:44I run a commercial mortgage broker, mortgage broker company.
- 51:50I'm currently in the role of going through interviews.
- 51:53I want to get better at interviewing.
- 51:56I want to ask better questions to determine talent that's going
- 51:59to stay here for the long term. I'm interested in finding
- 52:02coachable, open minded people with previous experience that
- 52:06don't think that they're the shit that whatever, whatever,
- 52:08whatever. I want you to act as an HR
- 52:12recruiting expert and ask me question one at a time in an
- 52:18interview to help me determine how I can be the best
- 52:22interviewer and recruiter or on border of employees that are
- 52:27going to stay for the long term. Go now.
- 52:30AI is going to ask you questions to help you develop what's
- 52:34important to you, and then you're going to be able to
- 52:35implement those questions into your framework.
- 52:38I love it. Why is it called crit?
- 52:40Is that it's called. Context.
- 52:42You give it the context or the problem, you assign it a role,
- 52:45in this case AHR recruiting manager, you say interview me
- 52:50question by question with this task or outcome that I want in
- 52:54mind. So that's your AI.
- 52:56Prompt framework, Yeah, it's it's.
- 52:58I I rarely use AI just to get information.
- 53:01Now I use AI as my thought partner to help ask me questions
- 53:06that I may not have thought of, based as certain strategic
- 53:09advisors. Yeah.
- 53:11AI is amazing. It's incredible what it's been
- 53:14able to do big time. Oh my gosh.
- 53:17All right, Well, I have like a million bajillion questions that
- 53:21I want to keep asking you, but we have to wrap up here pretty
- 53:23soon. Just out of curiosity, why did
- 53:25you end up leaving 10X to start your own coaching platform?
- 53:28And is that your main focus now? Right now I'm I'm.
- 53:32Doing purely business consulting, I only work with
- 53:34leaders, business owners, managers, help them become
- 53:37better leaders, build their team, put systems in a place so
- 53:39they can scale and not be so active in the company.
- 53:41I was working 18 hour days. I had office in Miami,
- 53:45Scottsdale, Beverly Hills. I was in the jet all the time
- 53:48speaking at events. I was just burnt out, you know,
- 53:51like, yeah, I was making seven figures and I had 5% equity, but
- 53:54I was building somebody else's company and I knew I was more
- 53:57than capable of having my own company.
- 53:59And I also wanted some freedom. I didn't want to work 18 hours a
- 54:02day for somebody else seven days a week, you know, So I left.
- 54:06Then I started consulting for them for the next year.
- 54:08So they still had me like run the company on the back end for
- 54:12a year. I never really talked about
- 54:13this, but I would just meet on Zoom with the executives.
- 54:16I built out all their supplements.
- 54:18I created a supplement manufacturing company.
- 54:19And then I was able to work with Tony Robbins and Lily Tapia and
- 54:24stem cell clinics and Medigine and, and Panama Consult for Med
- 54:29spas in Beverly Hills and Texas. And I just had a nice little,
- 54:32you know, portfolio of companies that I worked with, making seven
- 54:36figures, working 4 hours a day, wearing a tank top, you know,
- 54:39like having the greatest life of all time.
- 54:43And then someone was like, hey, man, you should really get
- 54:46online and coach people, you know, like have a mindset
- 54:48program, personal development. And I was a little bored with
- 54:51consulting because I was just like sitting in an office all
- 54:53day by myself, you know, And when I started coaching people,
- 54:56it was a little bit more engaging and I started throwing
- 54:58masterminds and doing in person stuff and I started to like have
- 55:00a little bit more transformative effect.
- 55:02And so I loved it. And then I got to a place where
- 55:04I'm like, Hey, like just my skill set and what I'm best at
- 55:07is working with higher level people, right?
- 55:09Like I'm really best at working with people who are doing 500 KA
- 55:11month or more. I'm really good at helping
- 55:14people like bring on managers and directors and, and train and
- 55:17develop leaders and, and a culture.
- 55:19And like when I meet and sit with people, the people that are
- 55:23literally glued to getting more information out of me more than
- 55:26anyone I know are my mentors, like billionaires, guys that are
- 55:30live on North Bay Rd. like, and, and so I realized like I'm just
- 55:35better at helping people with higher level information.
- 55:39So I sunset my personal development like starter program
- 55:42and I only do business consulting now.
- 55:44OK. Very cool.
- 55:46And what's your target revenue size for your business
- 55:48consulting? I mean, right now I'm.
- 55:50I take people that do 100 KA month or or more in a service
- 55:53based business, but really my my target is is 500 K to to two
- 55:58million a month is like really my sweet spot like 9:50 to 50
- 56:01employees where I can really help people get to 4567 million
- 56:05a month. What would you say?
- 56:06Like your? Greatest gift is in your your
- 56:08consulting. Helping people solve for what
- 56:11problem? Helping people.
- 56:12Be able to transform their business and their team by
- 56:21helping their team apply the information that they give them.
- 56:27Most of the time, business owners and leaders will train
- 56:31people and nobody will retain or apply that knowledge.
- 56:35They will hand out an SOP that never gets looked at again.
- 56:39They will give somebody a sales script that never gets used.
- 56:43I just think it's all horseshit. Like I'm not somebody who learns
- 56:47that way. And so I teach every single
- 56:50person I work with how to illiterate or draw a picture
- 56:54that someone can remember. Describe things in a way that's
- 56:57meaningful and useful to their team.
- 56:59Help them implement that knowledge.
- 57:02And then use a system called Teach to Learn where they have
- 57:05to teach their manager everything they are learning.
- 57:08So they they can go from applying knowledge in three
- 57:11months to applying knowledge in 2 days.
- 57:14So it's explanation of or application of information
- 57:17really amazing well. Maybe I'll work with you, maybe
- 57:20I'll be your next client. So it's cool.
- 57:22Yeah. No, I think, you know, I, I
- 57:24haven't been at a large organization and so I think
- 57:27there's a lot of I mean, I have when I worked for Caterpillar,
- 57:30but that was back in 2017, right.
- 57:33And and not for a super long period of time.
- 57:36So I think that perspective of a large organization paired with
- 57:40the kind of starting from the bottom like all on your own,
- 57:44there's a lot to be learned from the way that the big
- 57:47organizations are run, especially if that's what you're
- 57:49trying to build, which is what I am trying to build, right.
- 57:51I think a really. Important thing is to have a
- 57:53prioritization schedule, so when problems come on and things you
- 57:58need to fix, it feels like it just piles up into a list, which
- 58:01makes a business inefficient and creates confusion.
- 58:05When you have a prioritization schedule about which items you
- 58:09need to tackle, which are the most important, and in which
- 58:11order, you then have to create a delivery schedule.
- 58:14So I've realized all these problems, I prioritize them.
- 58:18How am I going to roll out and deliver the solutions to my
- 58:21team? A new process, a new training, a
- 58:23new message, a new outreach, whatever it is.
- 58:27Jeff Bezos says this actually, he's like, what I realized was I
- 58:30had all these ideas and I was trying to deliver them to my
- 58:32team so quickly. I needed to slow down and say,
- 58:36what's the capacity of my team to actually accept and implement
- 58:39this information? And when you can have a
- 58:42strategic advisor help you with that, then it it it changes the
- 58:45game of the adoption of the information.
- 58:48I love it. Yeah, sometimes it's hard to see
- 58:50the forest through the trees. And you really.
- 58:51Yeah, I, I'm a huge into mentorship and have multiple
- 58:54mentors in different areas of life, right.
- 58:56But it's so important. It's been a game changer for me.
- 59:00And when you're building a company?
- 59:01If you're always working in the business and you're not able to
- 59:03zoom out with different lenses because you might have a billion
- 59:09dollar mentor that specifically grew that kind of company.
- 59:11But maybe things have changed. Maybe things have shifted.
- 59:14Maybe AI adoption changed the game for certain things.
- 59:17But when you can get a new perspective from a new person
- 59:20that allows you to look at it from a new angle, it can be a
- 59:22complete game changer about how efficient you are each day.
- 59:25Exactly. I agree because just like you
- 59:27said, I mean, I have a billionaire mentor, but they're
- 59:30so far detached from a startup. You know, it's like sometimes
- 59:35they don't have the ability to really solve these little tiny
- 59:38problems that we're at now. And having a different lens from
- 59:40somebody that's been closer to that more recently is super
- 59:43beneficial because they're so big picture.
- 59:46I love talking to one of my mentors and he's just like,
- 59:49whoa, why don't you just do a roll up and buy this bank and do
- 59:52this and do that and do this. I'm like, OK, I got to hire like
- 59:54this one person right now. Let me just figure this out real
- 59:57quick and then let's talk about that, you know, next week.
- 1:00:02But yeah, it's fun. But all right, wrapping up
- 1:00:05wrapping. Higher school, hard knock style.
- 1:00:08You ready? Yeah.
- 1:00:09Let's go. OK.
- 1:00:11How old were you when you became a millionaire?
- 1:00:1227 What? Business, are you in?
- 1:00:14I'm a business consultant. What's the number one?
- 1:00:16Piece of advice you've ever received.
- 1:00:18Fear isn't real. What's the number one book?
- 1:00:20That you advise everyone should read everyone.
- 1:00:24The Confident Mind by Doctor Nate Zissner.
- 1:00:28I haven't read that. Business owners.
- 1:00:30AI Driven Leader by Jeff Woods. That's in my.
- 1:00:33Library, but I haven't read that one either.
- 1:00:35Perfect. If you could send one message to
- 1:00:38your younger self, what would it say?
- 1:00:3910X your goals. Why?
- 1:00:41Because you're capable of so much more.
- 1:00:44Think bigger. I think the limited thinking
- 1:00:46will only withhold you from getting to a massive outcome.
- 1:00:50And it's actually just as easy to scale a big company as it is
- 1:00:54a small company. Probably even easier to scale a
- 1:00:57big a company to a large amount than just keep it at a small
- 1:01:00amount. I love it.
- 1:01:01What is the number one best attribute of the greatest
- 1:01:05leaders that you know? Extreme.
- 1:01:07Accountability and insane curiosity.
- 1:01:11What does success mean to you? Now success is.
- 1:01:13Sort of a bundle of business growth impact, financial
- 1:01:20success, freedom and authenticity.
- 1:01:23Thank you. You're.
- 1:01:24Awesome. You're awesome.
- 1:01:25Thanks so much for coming on the show.
- 1:01:26Thanks for having me.