Latest / Something Extra / Returning to Episode 10: Honoring Bob Chapman: The Extraordinary Power of Treating Your People Like Family
Transcript
- 0:01Lisa Nichols: In this special tribute episode, we honor the life and legacy of Bob
- 0:05Chapman, former CEO and chairman of Barry Wehmiller, following
- 0:09his recent passing.
- 0:11Bob shares the defining experiences that shaped his belief that everybody
- 0:15matters, from his upbringing in Ferguson to reconnecting with his father.
- 0:20This episode reflects his commitment to building people first cultures and
- 0:24redefining what leadership should look like.
- 0:27Listeners will walk away with a renewed perspective on empathy, responsibility,
- 0:32and leading with care.
- 0:33Please know that our thoughts and prayers are with both the Chapman family and
- 0:37the Barry Wehmiller family.
- 0:42It takes something a little more to lead with impact.
- 0:45I'm Lisa Nichols, author of Something Extra, and this podcast
- 0:50was inspired by our daughter, Allie, whose additional chromosome has shaped
- 0:54how I see people in leadership.
- 0:57Each episode features conversations with inspiring leaders from around the world
- 1:01about what truly defines how they lead and serve others.
- 1:05If you enjoyed today's conversation,
- 1:23Bob, I am so honored and humbled to have you with us today.
- 1:26I am a huge fan.
- 1:28I know a lot of people are a huge fan.
- 1:30Barry Wehmiller, your name is out there.
- 1:33You guys are really transforming, I believe, the way people are thinking
- 1:37about leadership today.
- 1:38So I'm just so honored to have you with us as our guest.
- 1:40Bob Chapman: It's a pleasure to be here, and I appreciate the opportunity to share this,
- 1:43calling we have Yes.
- 1:44To make the world a more caring place.
- 1:46Lisa Nichols: I love it.
- 1:47Well, let's jump right in.
- 1:49Tell me a little bit about growing up in Ferguson, if you would.
- 1:52Bob Chapman: As I look back in my childhood, I would say in terms of where
- 1:56I've come to, my childhood was a very normal childhood.
- 2:00I was an average student in a public school system,
- 2:04wasn't really turned on academically.
- 2:06I I was into kind of a class clown.
- 2:09It's hard to believe, but I was a class clown.
- 2:12And so I wouldn't say that my childhood really shaped
- 2:16the message.
- 2:17So I I think it just think of me as a typical Ferguson kid
- 2:21who got in trouble occasionally and had good friends and
- 2:26ended up giving the, speech at the graduation of McClure
- 2:30High School in Ferguson.
- 2:31So, kind of, again, I think back on it.
- 2:34I I just was gifted with a positive personality.
- 2:38I've always had this positive outlook on life that's allowed me to get
- 2:42through the many challenges we all experience with, thinking that
- 2:46things were meant to be and we can learn from every experience.
- 2:49Lisa Nichols: Mhmm.
- 2:49Where where do you think that came from?
- 2:51Was I mean, I know that your parents were very instrumental in your life.
- 2:54Was that just Bob Chapman and how Bob Chapman was born?
- 2:58Or
- 2:58Bob Chapman: I honestly think it was Bob
- 3:02I honestly think it was how Bob Chapman was born because I have this
- 3:06eternally optimistic attitude that things happen for a reason.
- 3:10And if we if we embrace life that way, then we learn from those
- 3:14experiences we had, learn more from the challenges we have than the good
- 3:18things we had.
- 3:19There's an old expression somebody told me at one time, you only grow one
- 3:22way when you eat ice cream.
- 3:24Good times do not necessarily make good character.
- 3:28So I would say to you, I was more challenged by the,
- 3:32I'm more I grew more from the challenges than I did from the
- 3:37experiences.
- 3:37And, again, my dad was I was not close to my father until
- 3:42I was in my early twenties.
- 3:43I graduated from college, and he was an accountant by background.
- 3:47And when I passed the CPA exam, it was the height of my dad's
- 3:51pride in me because it took him three times to pass the exam, and
- 3:54I passed it the first time.
- 3:55So that was Wow.
- 3:56The first time he experienced that.
- 3:58And my mother was just a supporter of mine, but I wouldn't say that
- 4:02either.
- 4:02My dad was kind of a pessimist, and my mom was just a simple
- 4:06Iowa farm girl.
- 4:06So I believe some higher power blessed me
- 4:10with these personality traits that have allowed me to deal with the issues I
- 4:14faced in my life.
- 4:15Lisa Nichols: Well, there's so much packed in there.
- 4:17I'm a big believer too.
- 4:19It's not always fun, the hard challenges, right, that we go through, but that
- 4:22truly is where we grow, I believe.
- 4:25Bob Chapman: Yeah.
- 4:26There's no question that I look back on my professional personal career.
- 4:30It was the most traumatic moments of my life that shaped what
- 4:34my life has become.
- 4:35And I look back and said, thank God that I had those challenges
- 4:40or it wouldn't have allowed me to think and grow as I've been able
- 4:43to do to shape the message I've been able to embrace in this journey
- 4:47I've been on.
- 4:48Lisa Nichols: Mhmm.
- 4:48Well, I think that's gonna be really encouraging and some hope to some of
- 4:51our listening audience.
- 4:53So Ferguson means a lot of things to a lot of people.
- 4:56But what does Ferguson mean to you today, Bob?
- 4:59Bob Chapman: I would say to you that Ferguson means to me good basic
- 5:03values.
- 5:04You know?
- 5:05I believe here in the Midwest, here in Ferguson, here in the Saint Louis
- 5:08area, the thing I would say to you, it's a wonderful place to be
- 5:12raised as a family because we have good Midwestern values.
- 5:15And so I would say to you, when I look back on Ferguson with
- 5:18a great deal but I enjoyed my life in Ferguson.
- 5:21We lived in a very simple house, a one bath, three bedroom house in
- 5:25Ferguson.
- 5:26It was a very normal life.
- 5:27Nothing unusual about my life.
- 5:29Two sisters.
- 5:31And so I would say to you that Ferguson just is the foundation
- 5:35for my value system.
- 5:37My parents were from Iowa, which were pretty simple backgrounds.
- 5:40And so I would say to you, there's nothing unusual in my background that
- 5:44would account for as kind of the journey I've been on other than good
- 5:49values, good Midwestern values that I think Ferguson embodies.
- 5:52Lisa Nichols: Well, I couldn't agree with you more.
- 5:54I do.
- 5:54I think the the values here are just it's salt and light, you know,
- 5:58really.
- 5:59I mean, people are just great people.
- 6:01Bob Chapman: It's a great place to raise a family.
- 6:03Lisa Nichols: Right.
- 6:04So more people come to Saint Louis and start your businesses and move
- 6:08their businesses here.
- 6:09Right?
- 6:09That's right.
- 6:10So we kind of talked a little bit about it.
- 6:13You you became an accountant.
- 6:15You passed the CPA exam.
- 6:16Did you work for you worked for Price Waterhouse.
- 6:18Right?
- 6:18Bob Chapman: Yes.
- 6:18I worked for Price Waterhouse.
- 6:19Lisa Nichols: Starting with Price Waterhouse.
- 6:20Bob Chapman: And I that's what I wanted to do.
- 6:21I wanted to become a partner.
- 6:23If you ask me why I became accountant, I have no idea.
- 6:27As a, you know, as a teenager, I wanted to be a gentleman farmer.
- 6:31My grandfather was a farmer.
- 6:32I spent my summers on the farm.
- 6:34But when, I found out that my longtime girlfriend was
- 6:38pregnant in college and I was pretty much a
- 6:42barely passing student in my first year in college.
- 6:46I found myself in the accounting profession, you know, pursuing
- 6:50an accounting degree.
- 6:52And I went from a that's why I always say the greatest challenge, tremendous
- 6:55feeling of society judging you when you find out that your
- 7:00high school girlfriend's pregnant when you're nineteen years old.
- 7:02When I look back on that, it gave us a phenomenal son, and I
- 7:06went from a equivalent of a barely passing student in college
- 7:10to a straight a student who graduated with honors.
- 7:13I don't remember ever thinking about that that, you know, I
- 7:17I felt like a loser because, you know, I went and lived in a
- 7:20trailer court in a little mobile home and where most people live on campus.
- 7:24And, it clearly brought out of me something I didn't
- 7:28know I had, which was academic skills.
- 7:31Mhmm.
- 7:32Lisa Nichols: I
- 7:32Bob Chapman: virtually got straight a's after I found out that Liz was pregnant
- 7:36with our child, and it clearly changed my life.
- 7:39Mhmm.
- 7:39And,
- 7:40Lisa Nichols: the pivot point for
- 7:41Bob Chapman: you wasn't gone.
- 7:42Pivot point.
- 7:43Mhmm.
- 7:43But, again, sometimes you only learn when you look back at something.
- 7:46At the moment, I just felt humiliated.
- 7:49You know, what am I gonna do?
- 7:51And, again, I don't remember thinking this that I'm a
- 7:55loser and, you know, that my life is now gonna be shaped by this.
- 7:59My response was clearly I'm gonna make something of my life and earn the
- 8:03respect of my son and and be a good steward of my wife, and
- 8:07academics were certainly a path to do that.
- 8:09Lisa Nichols: Yeah.
- 8:09You stepped up.
- 8:10I think it's probably your positive outlook on life, though.
- 8:13Again, probably thinking, you know, things are not don't happen by accident.
- 8:18Yeah.
- 8:18I was just saying.
- 8:19Bob Chapman: I couldn't agree more.
- 8:20I I look back on the things that have happened in my life and,
- 8:24and again, many challenges that I faced.
- 8:26And, there's no question that shapes the way I think and
- 8:30who I am and and and it grounds me, because I don't ever
- 8:34forget those experiences.
- 8:35Lisa Nichols: Right.
- 8:36Well, let me ask you this.
- 8:38Did you ever think when you were getting your CPA and
- 8:42you were working at Pricewaterhouse, did you ever think about being a CEO one
- 8:45day?
- 8:46Bob Chapman: No.
- 8:46I mean, I I think my focus ever since I took up accounting in,
- 8:50my sophomore year in college was to be a partner of public accounting firm.
- 8:55Even though my dad had a background at Arthur Andersen in Saint Louis, My
- 8:58dad and I didn't have much of a relationship, so that was never I
- 9:01I didn't think a factor in my decision.
- 9:04But my dad had invested in the nineteen fifties about thirty thousand
- 9:08dollars to make a small investment in this family owned company that was struggling.
- 9:13And in the nineteen sixty five era, a factoring company out of Chicago
- 9:17that lends against your assets offered to lend the company money to retire
- 9:21the Wehmiller stock, some small amount of money.
- 9:23And my dad's thirty thousand dollars would become fifty seven percent.
- 9:27So my dad stepped into a leadership, you know, to owning the company, if
- 9:30you will, our family, in about nineteen sixty five.
- 9:33But I I don't ever remember any interest in the company whatsoever.
- 9:36We never talked about the company because the company was always challenged.
- 9:40Mhmm.
- 9:40It was struggling.
- 9:41My dad had poor health.
- 9:43And so I my aspirations was a career in public.
- 9:46It never occurred to me that I I would had any aspiration of being
- 9:50a CEO.
- 9:50I I wanted to be a partner in a public accounting firm.
- 9:52Lisa Nichols: But at some point, your dad invited you into the business.
- 9:55Bob Chapman: Yes.
- 9:56What happened were you?
- 9:57Well, what happened was as I started as I passed the
- 10:01CPA exam, which was a momentous occasion for my dad because
- 10:05he was a CPA and he had taken him three times to pass it.
- 10:08And when he saw this son who he had mixed feelings about what I
- 10:11would turn out in life, passed the CPA exam in the first sitting, all
- 10:14of a sudden he started talking to me about business.
- 10:17And so he'd called me over and asked me advice and ideas and
- 10:21but I still wanna be a public accountant.
- 10:23And one day he said to me, would you ever consider working for the
- 10:27company?
- 10:27I need somebody I can trust.
- 10:29I had never thought about it, and my mom cried because she said, though,
- 10:33you'll two will hate each other, you know, if you work together.
- 10:36Idea.
- 10:36And what my dad and I said is, okay, I said, okay, dad.
- 10:39You're kind of a pessimist, and I'm an optimist.
- 10:42Well, we gotta promise each other, and this was critical to our relationship.
- 10:46If something's bothering you, you're gonna tell me.
- 10:48And if something's bothering me, I'm gonna tell you.
- 10:50That's gotta be the foundation.
- 10:51So we began the journey that way.
- 10:54And, again, it was so bad when we started, and my dad had a
- 10:57practice with his secretary of opening all the mail in the company looking
- 11:01for somebody who might be trying to cheat him.
- 11:04So that's, I mean, that's the environment I stepped into in nineteen sixty nine.
- 11:08It was he just had people had disappointed him,
- 11:12and, he didn't feel he could trust his leadership team.
- 11:16So I was a breath of fresh air to my dad, and I came
- 11:19in with, unbridled enthusiasm to bring what I
- 11:23had learned in my school education and a little bit of Price White House
- 11:27because I'd only been in public accounting two years.
- 11:29So that's how my journey began with my dad.
- 11:32Somebody he could trust.
- 11:33Mhmm.
- 11:35Lisa Nichols: So we talked about one life interruption.
- 11:38You had another life interruption when you were just thirty years old.
- 11:41Talk to us a little bit about that, Bob.
- 11:43Bob Chapman: I was at dinner in Saint Louis with my mom and dad who were
- 11:47leaving to Australia the next day to, our joint venture in in Melbourne.
- 11:52And had a nice dinner with my dad.
- 11:54And, he woke up the next day and died of a heart attack.
- 11:57So at age thirty,
- 12:00I went from and the interesting thing is that dinner that night at
- 12:04the local restaurant, Steak and Shake, my dad had said to me, you know,
- 12:08you're kinda running the company now.
- 12:10I think you ought to have the title of executive vice president.
- 12:13That's the last thing my dad said to me, before he passed away.
- 12:17So I had worked at the company six years.
- 12:20I'd been Armin.
- 12:21Because my title was somebody he could trust, I worked throughout the company,
- 12:25and I learned I always say when you look at a clock, it looks
- 12:28kinda simple.
- 12:29You have two arms.
- 12:30It goes around, tells you time.
- 12:31But underneath that face, there's a lot of gears that have to come together,
- 12:35synchronize to provide accurate time.
- 12:38So I was given the beauty to look behind the face of the business
- 12:41to manufacturing and sales and joint ventures and accounting
- 12:45and supply chain, all the functions that I kind of my intellectual
- 12:49curiosity took me on.
- 12:50So when my dad passed away suddenly, I was ready.
- 12:54And the beauty is that I think my dad died in October.
- 12:58We were three months into our financial year, and the
- 13:02company virtually rarely ever made its budget, struggled,
- 13:06had banking relationships, but they weren't strong.
- 13:09They were okay.
- 13:11So when my dad passed away in October of seventy five, within
- 13:15the first few weeks, our bankers announced that they were gonna pull our loans
- 13:19because, you know, here's this thirty year old kid.
- 13:23What does he know?
- 13:24Yeah.
- 13:24What does he know?
- 13:25And, and in hindsight, you know, my dad passing away again,
- 13:29it's a little bit like, when I found out, that my first wife was
- 13:33going to be with child.
- 13:35It dramatically changed it.
- 13:36When the banks pulled on me and my dad died within a matter of
- 13:39a few weeks with each other, in hindsight, again, I said,
- 13:43I'm not going down this way.
- 13:45And I threw my energy into that company immediately.
- 13:51And the balance of the nine months of the twelve months, the company had
- 13:55the most profitable year in the history of its company.
- 13:58I paid back our debt.
- 14:00The banks all of a sudden had a new appreciation for me.
- 14:02So the company had the most profitable year in its history in the first
- 14:07nine months I ran it of the twelve month year.
- 14:10And the good news is that we got through the banking issue, and
- 14:14the bad news is I got overconfident.
- 14:16I had such a win so quickly that it appeared
- 14:20that I had kind of the golden touch, which began a journey to
- 14:24building this company to have a future.
- 14:26Lisa Nichols: Right.
- 14:27That's really interesting, Bob.
- 14:28So, like, what did that do to you internally?
- 14:30Because I've seen that happen before.
- 14:32If you have success too quickly, you can get a little overconfident.
- 14:37You can get a little prideful.
- 14:38Pride's not a good thing.
- 14:40What did it do to you internally, you know, to have that
- 14:43Bob Chapman: success so quickly?
- 14:44Of confidence.
- 14:45Because again, to have the most profitable year in the hundred year history of
- 14:49the company within the first nine months of me running a company.
- 14:52And, again, it continued on.
- 14:54So the company was eighteen million when my dad died.
- 14:57And within four years, I took what I had learned in my
- 15:01MBA program, what I learned from just awareness of business,
- 15:06And I started some growth initiatives to give the company a future.
- 15:09And it looked like everything I touched turned to gold,
- 15:13and the company grew from eighteen to seventy two million between seventy
- 15:17six and nineteen eighty to eighty three.
- 15:20And then everything that it looked like was gold ended up having
- 15:24issues.
- 15:25And not that anybody could see those issues because we were dealing
- 15:29with major corporations with major initiatives and getting tremendous support.
- 15:33The banks were giving us support.
- 15:35You know, and when you've never the company hadn't grown since the nine early
- 15:39nineteen hundreds when mister Moe Miller brought
- 15:41Lisa Nichols: It's amazing.
- 15:42Bob Chapman: It was an amazing feeling to talk of Saint Louis, talk
- 15:46of the organizations because we're just exploding with growth and
- 15:50solar energy and electronic inspection in Denmark and filling systems
- 15:54with the Miller Brewing Company and serving Anheuser Busch growth.
- 15:58So every dimension was dramatic.
- 16:00And so it you know, just like anything, when success seems
- 16:04to come too early, you don't learn as much from it.
- 16:07Lisa Nichols: Mhmm.
- 16:07Bob Chapman: And so I again, very successful initiatives, but
- 16:12each one started developing challenges, which ended up creating the second.
- 16:16Well, actually, the third because, you know, my first wife getting pregnant,
- 16:20then my dad passing away.
- 16:22And now we're at fifty five million in sales, and the banks
- 16:26suddenly pulled on me this time in nineteen eighty three.
- 16:31It was much more traumatic than in nineteen seventy five Mhmm.
- 16:35Because we are much more dependent upon the banks, and it was a dramatic
- 16:39the bank that one day said to me, you're one of our most highly
- 16:43valued clients.
- 16:44We believe in you.
- 16:45And the next day, they said, we don't understand what you're doing.
- 16:49We wanna pull our loan.
- 16:50And it was it was dramatic.
- 16:51Now, again, I always say I learned so much more when I didn't have
- 16:55money than when I did.
- 16:56When the banks made it easy for me to have when they supported my
- 17:00growth, it all seems so easy.
- 17:02And I the amount of learning was limited.
- 17:04But when the banks pulled on me and while I was paying twenty two
- 17:07percent interest at the time, I'm in prime plus whatever.
- 17:10It was unsecured debt, but very I learned more in the nine
- 17:14months it took me to refinance the business than I ever learned
- 17:18in my life.
- 17:18Oh, I I wanna talk to who we became today.
- 17:22Lisa Nichols: Yeah.
- 17:22I wanna dig into that.
- 17:23We're gonna take a quick break, and then we'll be back with Bob Chapman.
- 17:27AD: Hey there.
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- 17:57Lisa Nichols: Well, welcome back, Bob.
- 17:59You kinda left us with a little cliffhanger there, and so we need to
- 18:03tell our listening audience.
- 18:04I mean, what did you do?
- 18:05I mean, here's another life interruption.
- 18:07You weren't expecting the banks to call the loan.
- 18:10So how did you what did you do?
- 18:11Bob Chapman: Well, again, I'd had this tremendous trajectory of growth,
- 18:16tremendous awareness in this community, in our industry of this phenomenal growth
- 18:20from eighteen to seventy two million in four years.
- 18:23And with the full support of our banks.
- 18:25I mean, they basically told me along that journey, make sure you tell
- 18:29us how much money we need so you got the kind of money you
- 18:31need.
- 18:32And when they suddenly, pulled the loan because we experienced
- 18:37some issues with each of those growth initiatives and the related financial
- 18:41issues of warranty expense and inventory write downs.
- 18:45The very bank that, supported me in that growth was the first to pull.
- 18:49And so I came back from the meeting with the bank where they told
- 18:53us to grow.
- 18:54And I don't ever this is where this personality issue
- 18:58helped.
- 18:59I don't ever remember saying, oh my god.
- 19:01What are we going to do?
- 19:03I remember saying, we gotta get through this.
- 19:06And the responsibility of a leader in any organization is
- 19:10to give the people in your span of care a grounded sense
- 19:14of hope for a better future.
- 19:16Well, in this situation, dealing with the crisis I'll give you an
- 19:20example.
- 19:21I called a meeting in in in the intensity of this with our global
- 19:24leadership team.
- 19:25And, again, we had declined from seventy two million to fifty five million.
- 19:28But we had some operations in England.
- 19:30And and so people came over from England, and I had, you know, about
- 19:33twelve people in our boardroom.
- 19:35I said, well, you know, it's Saturday morning.
- 19:36Let's, get a cup of coffee.
- 19:38And my financial director said, you know, Bob, I forgot to tell you, but,
- 19:43they repossessed our coffee maker.
- 19:45We hadn't paid them in six months.
- 19:46And I said, you know, I don't ever remember liking that coffee.
- 19:50Why don't I run out and get some, and I'll be right back.
- 19:53So I had this positive attitude towards and we'd have
- 19:57crisis, you know.
- 19:58I remember our health care I mean, our personnel director came to me and
- 20:01said, Bob, we haven't paid our health care premiums to the insurance company in
- 20:04three months.
- 20:05I'm afraid they're gonna cancel on us.
- 20:07And my reaction was, well, if they do, we'll just pay the premiums our
- 20:10self, and we won't use the insurance company.
- 20:12And my family would say, my wife and kids, Cynthia, would say, they don't
- 20:16ever remember me coming home and bringing it home to them.
- 20:19Because, again, this positive attitude, we're gonna find a way through this.
- 20:24Let's just keep going and be creative.
- 20:26So I would say to you that we spend nine months being turned
- 20:30down by financial institutions.
- 20:32People would say, oh, well, we could lend you.
- 20:34You know, you've done so well.
- 20:35And then they'd look at it, they'd say, sorry, mister Chapman,
- 20:39but we're not able to lend you.
- 20:41Finally, we got what's called asset based lending out of
- 20:45a company in Chicago called Citicorp because somebody's
- 20:49father used to work in our shipping department, and his son worked
- 20:53for Citicorp.
- 20:54And he went the extra mile to try and make it happen.
- 20:57So we got refinanced nine months later with a,
- 21:01I always say, kinda like going in a dark alley with a guy in
- 21:04a dark suit with an envelope.
- 21:06You know?
- 21:06That's what asset based lending can really be traumatic.
- 21:09So anyway, we got refinanced after nine months, but we lived
- 21:13day to day on cash.
- 21:15We negotiated with vendors every day.
- 21:18Can you give me a little bit?
- 21:19I'll give you a little bit of money.
- 21:20I'll pay a little bit more.
- 21:21I mean, it was day to day.
- 21:23What cash came in?
- 21:24What do we have to pay so we can build things, etcetera?
- 21:27And we there's a whole book that could be written on what it's like
- 21:31when you don't know every week whether you're gonna be to pay your people
- 21:34for work.
- 21:34Lisa Nichols: Right.
- 21:35Bob Chapman: So at the end of that, we've got refinanced by Citicorp.
- 21:38It is like having a noose around your, neck.
- 21:42The key I had studied a company called Emerson Electric and a gentleman named
- 21:46Chuck Knight, who had grown Emerson from a billion or something to twenty
- 21:50billion through acquisitions.
- 21:52Kinda mature businesses.
- 21:54And so I just went to my finance team after we got refinanced,
- 21:58and I said to my finance team, you know, I'm proud of our history,
- 22:01our hundred year history, but our history does not give us a future.
- 22:05We need to find a way through acquisitions to create a future
- 22:09for our people.
- 22:10And my finance department said the obvious thing, mister Chapman,
- 22:14I think you forgot something.
- 22:16We only have one problem with that idea.
- 22:18We have no money.
- 22:20Repeat after me, mister Chapman.
- 22:21We have no money.
- 22:22And, again, this is probably the single most important thing I ever did.
- 22:27I looked at my finance team, and I said, I didn't tell you I
- 22:30needed money.
- 22:31I told you we need to do acquisitions.
- 22:34And I walked out uninhibited by the fact that I had no money and
- 22:38began doing acquisitions.
- 22:39It's a little bit like saying, I'm gonna go shopping, but I don't need
- 22:42a wallet.
- 22:43And so what do you buy when you have no money?
- 22:46You buy things nobody else wants.
- 22:48Lisa Nichols: Nobody else wants.
- 22:49Bob Chapman: But And they'll virtually finance you to buy their product.
- 22:52Sure.
- 22:52So these series of probably five or six acquisitions that I did
- 22:56between eighty four and eighty six, when role and then I
- 23:00brought incredible intensity because everyone was a life defining moment for
- 23:04me.
- 23:05Because if any one of them failed, we were dead.
- 23:07Because I had no room in our financial Mhmm.
- 23:10And the beauty is that those came together.
- 23:13I put them together, and the idea surfaced again in England
- 23:17that what if we could sell off these acquisitions in the public market and
- 23:21get enough money to pay off our debt and we'd have a new beginning?
- 23:24I thought that looks like heaven to me because I was so tired
- 23:28of no credibility with financing.
- 23:31Even the Citicorp people were tired of us.
- 23:33And so I would say to you that that was a transformative opportunity for
- 23:37me.
- 23:38But we began to do acquisitions to give our people a future.
- 23:42And because we were so broke, we brought incredible intensity to each
- 23:46acquisition to make sure that they work.
- 23:48So that's what transformed our company.
- 23:50Mhmm.
- 23:50I don't know if we had had plenty of money to do acquisitions whether
- 23:54we had done as well because the fact that that being your end.
- 23:57If if somebody tells you if you're not successful, you're going to die, you'll
- 24:02probably work really hard to be successful.
- 24:04Mhmm.
- 24:05So I would say to you that environment of frailty in financial
- 24:09terms caused us incredible intensity to make sure that these
- 24:14really, eclectic acquisitions worked.
- 24:17And it brought out creative things we did to shape broken
- 24:21companies to give them a better future.
- 24:23Lisa Nichols: Wow.
- 24:24There's so much in there that I love because that just turns everything upside
- 24:28down because you usually do not look for a struggling company to buy.
- 24:32Bob Chapman: Right.
- 24:32But the beauty is there's plenty of those out there.
- 24:34There's plenty of struggling companies nobody wants to buy that I was able to
- 24:37buy.
- 24:37Lisa Nichols: Yes.
- 24:38That's wonderful.
- 24:39Well, let's talk a little bit.
- 24:40And I because I really want to get to who you are today and
- 24:44Okay.
- 24:44And who Barry Wehmiller.
- 24:45Because like I said, I feel like that right now, Barry Wehmiller,
- 24:49there's so much great buzz out there.
- 24:53You guys are the gold standard as it relates to how to lead
- 24:57and the leadership model.
- 24:59So I wanna get to this, but, you know, this is called something extra.
- 25:03So, Bob, what do you think is the something extra that
- 25:07every leader needs to be a great leader?
- 25:09Bob Chapman: I'd say the something extra that every leader needs to be a great leader
- 25:14is what I was blessed with by some higher power, which
- 25:18is to see people in a different way, to see
- 25:22them.
- 25:23And and again, I think the most transformative revelation I had
- 25:27was that wedding story where Talk about that.
- 25:30I stopped Many of your listeners will have had the experience of seeing your
- 25:34child, wed to another child and having great hopes for
- 25:38the marriage.
- 25:39And so I was experiencing this wedding, and again, as I saw my friend
- 25:43walk his precious daughter down the aisle, and as he got to the altar,
- 25:46he said, her mother and I give our daughter to be wed to this
- 25:50young man.
- 25:50And he sat down next to his wife, with a great deal of pride
- 25:54watching the ceremony continue.
- 25:55And my mind, as you can sense, went to a different place.
- 25:58And I said, that's not what that father wanted to say, having walked my
- 26:02two precious daughters down the aisle.
- 26:03What he what that father wanted to say when he got older is look
- 26:06at young man.
- 26:06Her mother and I brought this precious young lady into this world.
- 26:09We've given her all the love that we can possibly give so she can
- 26:12be who she's intended to be.
- 26:14And we expect you, young man, through this marriage for you to continue to
- 26:18care for her as she will care for you so you can both be
- 26:21who you're intended to be.
- 26:22Do you understand that, young man?
- 26:25And all of a sudden, I said to myself, oh my goodness.
- 26:29All twelve thousand people that work for us around the world are somebody's precious
- 26:33child just like that young lady and young man.
- 26:36And because until that point in time, I saw people that
- 26:40work for me as functions.
- 26:42That's a receptionist.
- 26:43That's an engineer.
- 26:44That's an accountant.
- 26:45That's an IT person.
- 26:47I didn't see them as somebody's precious child.
- 26:50And I would say to you that that transformed me because when I realized
- 26:54that, it changed my whole view of the stewardship of the people
- 26:59whose lives are entrusted to me.
- 27:00Because when you think of people not as function, but as somebody's precious child,
- 27:05and you know that you've got them in your care for forty hours a
- 27:08week and that you will be the most positive influence on their life, it
- 27:11changes everything when you stop seeing people as functions.
- 27:15You know, I always say I took a management classes in college.
- 27:19I got a management degree, and I got a job in management.
- 27:21So what did I try and do?
- 27:22I tried to manage people.
- 27:24And it was always about me and my success.
- 27:26I was never taught to care for the people I would experience in my
- 27:29journey toward in my life.
- 27:31I was taught to use people for my success because we define success as
- 27:35money, power, and position.
- 27:37And I know many people with all three who are miserable in their lives
- 27:40because that is not a truly successful life.
- 27:43You know, it was it was interesting to me, after I was interviewed for
- 27:47an article in a magazine, the writer said to me, name three people
- 27:51you'd like to have dinner with.
- 27:53I'd never been asked that before, so I thought of him.
- 27:55And I said, well, there's a guy named Ken Blanchard who wrote a book
- 27:58called The One Minute Manager.
- 27:59He's a very man of deep faith, very simple ideas on leadership.
- 28:03And I thought, boy, I'd love to have dinner with Kenny.
- 28:05He's still alive.
- 28:06I said, number two, I'd I'd love to have dinner with Ronald Reagan.
- 28:09He he believed in the goodness of people.
- 28:11He had a vision for our country.
- 28:13He led it with simple elegance.
- 28:15And I said, do I get three?
- 28:17And he said, yeah.
- 28:17I said, well, then I'm going for the big guy.
- 28:18I'd like to have dinner with Jesus Christ.
- 28:20You know?
- 28:21What a cool guy to have dinner with.
- 28:23And so that was published.
- 28:24And this still amazes me, but within two months of that article
- 28:28being produced, the people I tell you about did not know about the article.
- 28:32But a gentleman emails me.
- 28:34His name is Ken Adleman.
- 28:35He worked for Reagan in the White House.
- 28:37He helped negotiate with the Russians, the strategic armed court.
- 28:41Ken emails me and said, Bob, I just watched your TED Talk, and Ronald
- 28:44Reagan would love the wedding story.
- 28:47And I thought, well, you know, that's about as close as I'm gonna get
- 28:49to Reagan.
- 28:49It really touched me that somebody worked intimately with Reagan for eight years in
- 28:53the White House, reached out to tell me that Reagan would have loved the
- 28:56wedding story.
- 28:57So that's a coincidence that I just named Ronald Reagan.
- 29:00And then I'm I'm at a dinner in San Diego, a leadership guru conference.
- 29:04And a gentleman taps on my shoulder and says, Bob, I just had dinner
- 29:08with Ken Blanchard.
- 29:09And he loved the wedding story, and he wants to talk to you.
- 29:13I thought, oh my god.
- 29:14That's number two, and I'm not ready for number three yet.
- 29:18And it was astounding to me that I had said that in the article
- 29:22and these voices came out all related to, people
- 29:26who I would love to talk to about this journey we've been on from
- 29:30success to significance.
- 29:31So, I would say that the wedding story is and all
- 29:36the talks I've given around the world, that is the one that resonates with
- 29:39people because we're kinda taught to use people for our success.
- 29:43We're never taught to care about people because we define success as money, power,
- 29:47and position, not leading lives of significance in response to his
- 29:51love for us.
- 29:52So I would say to you that the wedding story was the one that
- 29:55really helps people understand when you look at the people that you have the
- 29:59privilege of leading as somebody's precious child and you know you're gonna have impact
- 30:03on their life, profanity changes everything.
- 30:05Lisa Nichols: Changes everything.
- 30:07Absolutely.
- 30:08I love that.
- 30:08I love that.
- 30:09I'm so glad that you were able to to meet with Ken, and that's
- 30:13that's wonderful.
- 30:14So, Bob, there's a couple things that I love that you say.
- 30:17One of the things is people will say, you know, what do you build?
- 30:21What do you do?
- 30:22And I love your quote, we build great people.
- 30:25I love that.
- 30:26Another one that I know that I'm gonna carry with me personally, is that
- 30:31always look for the goodness in people.
- 30:33And there's goodness in everyone.
- 30:34There's goodness there.
- 30:36Sometimes you really have to look hard for it, but, you know, there definitely
- 30:39is goodness.
- 30:40So I love those two things, and those are quotes that I'm gonna take
- 30:42with me.
- 30:43But talk to us a little bit.
- 30:45I mean, you've been given this amazing gift.
- 30:47Barry Wehmiller, like I said, has just kinda turned things upside
- 30:51down in terms of how you lead.
- 30:54What are you doing with this gift that you've been given?
- 30:57Is there something you wanna talk to our listening audience about and how they
- 31:00can get more connected and learn more?
- 31:02Bob Chapman: You know, I think a couple of things that come to mind, and one
- 31:05of the things that I was blessed with in this journey at Revelation
- 31:09was that, probably ten, twelve years ago, somebody encouraged us to do a video
- 31:13about our unique company, and this is when we're much smaller and much less
- 31:17evolved in our thinking than we are today.
- 31:20And it was during the, Clinton Monica Lewinsky scandal.
- 31:24It was during the Enron scandal.
- 31:25So if you go back to that environment, it's kinda disappointing for our country
- 31:28and our political leaders and our business leaders.
- 31:31So but we had been challenged to do a video of our company's success.
- 31:34And so the marketing team done all these nice expressions.
- 31:38They're getting towards the end of the video, and and they came to me
- 31:40and said, we wanna talk about our success growth in sales, growth in profits,
- 31:44growth in in customers.
- 31:46And the burden of kind of where we were as a country in
- 31:50terms of trying to look up to leaders, but these issues,
- 31:54developed.
- 31:55And a thought occurred to me that has profoundly shaped what I'd like to
- 31:59share with listeners.
- 32:00I said, you know, we just find success all wrong in this
- 32:04country.
- 32:04We define it as money, power, and position.
- 32:07We are gonna measure success by the way we touch the lives of people.
- 32:11And that became our guiding principle, measuring success
- 32:16by the way we touch our team members, we touch our customers, we touch
- 32:19our community.
- 32:19We don't beat up suppliers.
- 32:21You know?
- 32:21We don't take advantage of people.
- 32:23We are gonna measure success by the way we touch the lives of people.
- 32:26And that became kind of the foundation of our belief system
- 32:30of, the our values and everything needed to we could look at that statement
- 32:34and make decisions all day long about caring, well-being,
- 32:39stewardship because we had this now this expression, we measure success
- 32:43by the way we touch the lives of people.
- 32:45I'd also like to add that when, Washington University sent over two
- 32:49organizational development professors a few years back to interview me because
- 32:53they had heard about this, and they interviewed for me for about an hour.
- 32:56At the end of the hour, they said, you know, you're the first CEO
- 32:59we've ever talked to that didn't talk about our product.
- 33:01And I thought a moment, and I said, we've been talking about our product
- 33:04for the last hour.
- 33:05It's our people.
- 33:06I will not leave this earth proud of the machines we build.
- 33:10I'll be proud of the lives we built.
- 33:13These thoughts that developed over this period of time really
- 33:17shaped this feeling that we've been blessed with a leadership
- 33:22model that could profoundly change the world as we know it.
- 33:25And I believe it's the way we were intended to live and work together
- 33:29where people validate the worth of each other in their journey, and
- 33:33that successful lives are those people who serve others in their pursuit
- 33:37of significance.
- 33:39And so I I would say to you what we've done because we feel
- 33:42that we've now some higher power chose us to show the world the way
- 33:46we are intended to live and work together, where we value each other and
- 33:50care for each other.
- 33:51So we not only teach with internally how to transform managers
- 33:55into leaders.
- 33:57And, again, a lot of my leadership practice was shaped by trying to be
- 34:00a parent and trying to be good to the six kids we were blessed
- 34:04with.
- 34:05At the same time, I was trying to fix this broken business, which I
- 34:07told you about previously, which is about management, which I define management.
- 34:11The word management means the manipulation of others for your success.
- 34:15And leadership is the stewardship of the lives entrusted to you to ensure.
- 34:20And people talk about needing to find people, you know, good people to bring
- 34:24your organization.
- 34:25I believe it's a matter of building a safe bus, which is your business
- 34:29model, and then you need leaders who know where to go and how to
- 34:32get there safely.
- 34:34And therefore, anybody that gets on the bus is gonna go to a good
- 34:37place.
- 34:38So our responsibility as leaders is around people, purpose, and performance.
- 34:42It starts with our understanding that our primary responsibility of the people who we
- 34:46invite to join us around a purpose that inspires them to share their gifts
- 34:49fully towards a common vision, and then we have to create value.
- 34:52If we don't create value, we can't be good to our people.
- 34:55It's a continuous cycle.
- 34:57Not two out of three, not one out of three, but all three.
- 34:59People, purpose, and performance in harmony.
- 35:02Human value and economic value in harmony.
- 35:04That is the world the way it was intended to be, and we have
- 35:08been blessed with a model that allows us to create
- 35:12that for the people we have the privilege of leading, and that is our
- 35:15leadership criteria.
- 35:16And so we teach people internally in our university to care
- 35:20because we realized we couldn't send them back to universities because we teach management,
- 35:24and we need to teach leadership.
- 35:26So we created our own teaching content.
- 35:28And then from that, we learned that listening is the most powerful act of
- 35:32leadership.
- 35:33So we have taken from our university to Cynthia, my nonprofit called
- 35:38Our Community Listens.
- 35:39And we have a branch in cities around the country, but we have one
- 35:42right here in Saint Louis where we teach people empathetic listening in three days.
- 35:46Because when I thought when you cared for somebody, you went over and talked
- 35:49to them.
- 35:49It turns out when you care for somebody, you go over to listen to
- 35:52them with empathy, to be present, to listen to them.
- 35:56And finally, we decided that this message was so powerful we
- 36:00needed to share it with the world.
- 36:02And we created the Leadership Institute where we're looking for early adopters,
- 36:06people who believe what we believe and wanna join us on this journey
- 36:10so we can start healing as a country.
- 36:12Because when you look at our country right now with the lowest unemployment in
- 36:16fifty years, peace in the world, and people are not happy.
- 36:20We thought when we had prosperity and peace, we were giving people the ultimate
- 36:25environment.
- 36:25But what we haven't created is a world where people feel valued because we
- 36:29live in a society where we use people for our success
- 36:33instead of care for people for our success.
- 36:36Together, we can do great things.
- 36:38So we feel that we have this calling to share with
- 36:42the world what we were blessed with, which is a model that cares
- 36:46for the people we lead so that we again, we found out in this
- 36:50journey that the person you report to at work is more important to your
- 36:53health than your family doctor.
- 36:55Okay?
- 36:55And we also when we teach people to be leaders in our company, ninety
- 36:59percent of the feedback is how it affects their marriage and the way they
- 37:03raise their kids.
- 37:04And so we realize now that if people are not cared for for forty
- 37:08hours a week, it affects their health and affects their family units.
- 37:12So Mhmm.
- 37:13Business could be a powerful force for good if it simply cared
- 37:17about the way it treats the people they have the privilege of leading.
- 37:20Lisa Nichols: Yes.
- 37:20And when you think about that, Bob, truly this leadership model could
- 37:25change the world.
- 37:26Because and when you are doing that with the people that are entrusted to
- 37:30you, they're gonna go home.
- 37:31They are going to be happier at home.
- 37:33They're gonna have a more fulfilling family life.
- 37:36And that's there's just a domino effect there.
- 37:38Bob Chapman: You know, and there's a church that I generations.
- 37:40I gave a speech at a church in Charlotte, and they have a program
- 37:44called the leap of faith.
- 37:46How do you go from Sunday to Monday?
- 37:48And this is exactly how the book Everybody Matters
- 37:52is how we care for the people that we have the privilege of
- 37:56leading in our life, whether we're at home or we're at work or we're
- 38:01in our community.
- 38:02And when you think of the issues we face today in our society where
- 38:05people don't feel valued, how can we ever be raising kids
- 38:09today when their parents come home from work not feeling valued?
- 38:13So I'm when my granddaughter graduated two years ago from Aspen
- 38:17High School, everybody else was cheering as their hundred and fifty eight students walked
- 38:21up to get their diploma.
- 38:23And I had tears in my eyes because I knew the world we were
- 38:26sending my granddaughter into, a world where eighty eight percent of the people
- 38:30don't feel valued.
- 38:31And my hope is that by standing up and sharing
- 38:35on this podcast, preaching wherever I can this caring
- 38:40message that we can transform the world to the way it was meant to
- 38:44be where people genuinely care for each other.
- 38:47And I just this is not an American issue.
- 38:49It's not a business issue.
- 38:50It's true in every facet of our society.
- 38:53People are hurting because they don't feel valued.
- 38:55We have customers in Russia who come over to look at our equipment and
- 39:00come back, and they wanna talk about our culture.
- 39:01They wanna bring this culture to Russia.
- 39:04So I believe that this is the answer to the world peace
- 39:08where people value each other because they feel not used, but valued.
- 39:12So my message is to try and share this in any way I can,
- 39:15and I appreciate this opportunity or interest in this message because I feel it's
- 39:19not our message.
- 39:20It's a message a higher power has given us because it it's it's a
- 39:23message that would heal the world as we know it.
- 39:26Lisa Nichols: Thank you so much, Bob.
- 39:27Thank you for being with us.
- 39:28Thank you for inspiring us.
- 39:30Thank you for your deep convictions and your willingness to stand up for
- 39:34what you believe is right because I'm with you.
- 39:38I had
- 39:38Bob Chapman: a feeling she was with me.
- 39:39Yeah.
- 39:41Announcer: Our show today is executive produced by Brian Muncie.
- 39:44Our technical producer is Daniel Williams.
- 39:46Something extra with Lisa Nichols is a Technology Partners production.
- 39:49Copyright Technology Partners Inc twenty eighteen.
- 39:51For show notes or to reach out to Lisa, visit lisa gale nickels dot
- 39:55com slash something extra.
- 39:56Don't forget to leave a review on Apple Podcasts, Google Podcasts, or wherever you
- 40:00listen.