Latest / OneLegUpAlex Media / One Leg Up With Get-Looped CEO Chris Lautenslager 1-22-24
Transcript
- 0:02Here's your host, Alex Derek. All right, well, my next guest
- 0:08today is going to help us kick off a year for small businesses and maybe
- 0:12inspire those to start their small business in twenty twenty four. Chris, let
- 0:18me get this right, Chris, Chris Loudenslager, Is that right? Well
- 0:22done? Alex, you're in natural at this. You are the CEO of
- 0:26Get Looped, right, but you have a bigger story to tell. So
- 0:29first of all, Happy new Year, Happy new year to you, Ellens.
- 0:33Thank you. Second of all, Second of all, the reason why
- 0:36this podcast one leg Up exists is because we need to highlight more small businesses.
- 0:41We need to highlight more CEOs that are doing good for their employees and
- 0:45for the community, and so we Get Looped. Tell us about that,
- 0:49first of all, and what your goals are with this company in twenty twenty
- 0:53four. So there's actually a couple of aspects associated with that, but that's
- 1:00story, Alex, and I'm going to start actually from the beginning of how
- 1:04I became involved and interested in small businesses. And like so many millions of
- 1:11your listeners people that are out in the audience, we grew up with small
- 1:19businesses around I grew up with My father owned a small construction company, and
- 1:26like so many other construction companies or so many other small businesses, Alex his
- 1:30business kind of started by accident. So one day my dad is with his
- 1:37brother Ben and they're out over at Ben's house taxing some holes in Ben's driveway.
- 1:45Neighbor stops asked them, Hey, would it tacks the holes in my
- 1:48driveway too, I'll pay you. Boom, A new business was born in
- 1:53America. It's as simple as that. And from that they created family business
- 2:01that lasted or were dozens dozens of years, and in fact lasted until the
- 2:08construction crisis, the the oil and bargle crisis of the yul the eighties.
- 2:15So it started because I was born and raised in a small family. It
- 2:22became part of my persona, so to speak. And I remember Alex,
- 2:28when I was just a little boy growing up. Anytime, you know,
- 2:31I wasn't going to school, didn't matter how old I was. My dad
- 2:36was waking me up at four in the morning and dragging, dragging me with
- 2:39them to breakfast where all the all the guys and women met that had to
- 2:46start the day. And they'd all be sitting around this big table drinking coffee
- 2:50and talking about their families and their businesses and well being from Chicago. They
- 2:55were also always dallying about how bad they comes were playing that were perennially dogs,
- 3:02and it became a community no and then the Pand what really got me
- 3:10involved in this was the pandemic because having that community experience and then having it
- 3:17taken away with the lockdown and not being able to share with your family,
- 3:24share with your neighbors, share with the people within your town. What was
- 3:30going on just so damaging on so many different levels. When I saw all
- 3:36these small businesses being closed down because you know, we all needed to sacrifice
- 3:42to stem the tide, and small businesses business owners that I know, were
- 3:49more than happy to make their sacrifice to be part of the team. What
- 3:54started making people uncomfortable and we personally ain't was when it seemed like only the
- 4:01small business owners were the ones making the secar. I didn't see Walmart,
- 4:10I didn't see Walgreens close. I didn't see owned people them fat. I
- 4:15saw them all having record profits at the expense of family owned businesses. And
- 4:21I just felt that there needed to be a voice that was out there advocating
- 4:28and promoting and conveying the importance of small business on the prosperity of our communities.
- 4:34Let me tell you about that, because I started to read these quotes
- 4:38by higher ups. If you all saying, oh, the small business can't
- 4:42keep up, well, why are you blaming the small business for locking them
- 4:46down? Why not help them? You know? And I think that's what
- 4:47you're trying to say here. Hey, if the government's not going to help
- 4:50you, I will kind of thing right. I don't think that we should
- 4:57small business owners should not expect that the govern it's going to we do.
- 5:02There used to be a common saying in this country collapse. It was small
- 5:08businesses at the back of decimation. I never hear them. It's because they
- 5:15don't have a voice at the table. They don't have the consolidated funding,
- 5:19they don't have the lobbying groups, they don't have the connects to all of
- 5:26the all of the very organizations that are that are looking for favors from the
- 5:30government. So that's why I'm an advocate of us helping each other. Businesses
- 5:40are so fundamental to our units. That's why when I sure I can order
- 5:46a book on and I you know. Sure, I can go to a
- 5:50big box store, but I'd much rather go to my local bookstore where I
- 5:58know uh, Jaden and Tim personally. I walk in, they have my
- 6:04books waiting for me that I've ordered over, you know, sent them up
- 6:08the links in head Like this book they ordered. I go over and pick
- 6:12it up. I spend time with them, they know who. I go
- 6:16to a local cope ship, one where the owners are committed to the community,
- 6:26where the owners are committed to keep being their store clean and safe,
- 6:30where the owners are committed to paying local texts, supporting the schools in the
- 6:38playgrounds, and the community services that I'm also sharing them with our fings.
- 6:44So it's we can't expect the small businesses to just survive on their own.
- 6:54I think it's parad of all of us as consumers correctly that the dollars that
- 7:00we spend are so are so powerful. Every dollar that you spend has it
- 7:09in and so you can. Sure you could spend it at a at a
- 7:13big public, publicly owned company and have those go to some shareholders somewhere else.
- 7:18But I'd much rather send those dollars to hire local, to support our
- 7:26local tasks, to support our local units. That's a conscious decision, and
- 7:31I want to be the boys that goes out there and reminds me that you
- 7:36have the power, you have the ability to improve your are This is why
- 7:45I have you on because I know that you're you're such an advocate of small
- 7:47businesses, and I imagine through get Looped, you're helping other small businesses advanced
- 7:53in their in their you know, entrepreneurship, in their business path if you
- 7:57will, it's exactly what I'm doing now. So I you know, get
- 8:01Looped is an umbrella organization that allows me to be able to be a public
- 8:05speaker. I love going speaking at associations or other events to small business owners.
- 8:13I also speak to entrepreneurs who own several small businesses common venue for me.
- 8:22I'll talk to them about some of the things that some other extraordinary business
- 8:28owners that I've had the pleasure. I believe that we're entering a period of
- 8:35time of essentials. You know how businesses were being man essential, but that
- 8:41was a wake up. You know, the marketplace being just as uncaring as
- 8:46a government bureau. Okay, so if you look at Millennium seventy to say
- 8:54that the company that they work with or are going to do business, their
- 9:01significance in supporting the community, supporting purpose is important to them. That means
- 9:07eight out of ten of either your employees or customers believe that your purpose is
- 9:13a big deal. So I'm of a perspective that you either start becoming essential
- 9:20to your community or you're going to be gone, because these consumers can go
- 9:26anywhere they want to see that you care about what's going on in the world,
- 9:33that you care about what's going on in their run. It's not just
- 9:37about selling product and providing services. It's about supporting each other. That's what's
- 9:43going to be I'm sure you know this by now, Chris, but over
- 9:48half of our economy in New York State alone is through small business. And
- 9:52I'd said on Christmas weekend, hey, shop through the holiday weekends with small
- 9:58business. I mean, I this whole small business Saturday. It feels a
- 10:01little fake to me in the sense of that's where it ends. But here
- 10:03this podcast and with you, it continues beyond that, right very much.
- 10:07So I think a weekend or Saturday dedicated to small businesses is kind of of
- 10:15that candidate happening. These people are out there every single day. I want
- 10:22to go to a store where they don't my where they know my kids,
- 10:24where they don't my families. I go to a certain big box stores.
- 10:31Now I can't find someone to help me, much less give two cents of
- 10:35what I know, what I want, or how they might be able to
- 10:39help. I go to the local hardware store exactly not only what I what
- 10:45I need, but will show me how to use the damn tool that I'm
- 10:48buying so that I can actually get the job done. How about messaging and
- 10:52and what I mean by that is a small business community doing enough to message
- 10:56itself, either social media or or to compete even with these bigger corporations.
- 11:01Is there a messaging disparity if you are between the two kinds of corporation and
- 11:05small business. It's such a great, great question. It's because if you're
- 11:11gonna try and compete against a large national brand based on resources, as a
- 11:18small business will rightly you have to compete on what your secret sauceage, what
- 11:26you're super You're gonna have a hard time compaining against someone that has a much
- 11:31bigger You can have a hard time against someone who has tighter copit. You're
- 11:41gonna have a hard time competing against someone who actually might deliver products to your
- 11:46door. And still there that's another story. What you chee the relationships service,
- 12:00that's your secrets. That is your supers, not how many basically not
- 12:07how many sales. Knowing the people that come into the school. That's what's
- 12:16doing your business the right. So your secrets the teeth areas that big box
- 12:26stores have don't stand it. They don't stand which and there is a frame
- 12:33for connection as you will stand up. There's a story that my life all
- 12:41about my father. Growing up. I used to after we go out to
- 12:46a broadcasted place called Doors is Dinner, we go to work, and I
- 12:50learned how to do every single job at that company, Yell Taving. So
- 12:54I managed traffic on busy seas streets, shoveled hot asphalt on something swell during
- 13:01summer days, even got to drive like the big huge steamroller. You ever
- 13:05see the big huge steam roller. M People like, is that fun?
- 13:09Tell? Yes, really it is. But even with them, my favorite
- 13:16hard thet job always came to the end with the work was done, and
- 13:20my dad would make a point of us going with the customer in person thank
- 13:28them for their business. Sure it might seem like a simple gesture everything.
- 13:35Be able to take the time, shape their to look them in the end,
- 13:41and that to appreciate. That's what made my father's company and the burrow,
- 13:50that's where we got all this business for the girls. Same thank you
- 13:56for your small business owner. I went to you today. The simple one
- 14:01is the therapy of customers. Think them for being a customer. They'll always
- 14:05appreciated. You know this, Lad's into my next question then, because clearly
- 14:11you learned a lot of your dad. But as a CEO, what else
- 14:13have you learned from your father? I mean it seems like you really impacted
- 14:16you on your journey to become a leader in many respects. Absolutely, you
- 14:22know when and I learned this kind of the roundabound way. My father led
- 14:30as an ox North and when he passed, I bought into the bill of
- 14:37goods that sold to society. Go to college degree and go to work for
- 14:41a company. Try to make as much money as possible to buy the house
- 14:46to get the power to be Did you buy the whole build of goods?
- 14:52So I did that. I followed the story while that were sold to this
- 15:00very big multiple channels. It's all about chasing stuff, getting the stuff,
- 15:07going to the best of school, and all of them the story because the
- 15:16site. But I pursued that it was the happiest ever it wasn't until I
- 15:24actually stepped out said what a while, what is important to me? And
- 15:30Dall's part of this is, you know you asked me what I do for
- 15:33for some other slaw businesses, I'm offering a course and how do identify your
- 15:37personal value? Other words? For me, I have fend values that I've
- 15:41identified. These are the things that make me happy, not the not the
- 15:46sermon from the mouth kind of world, but the things that make me happen.
- 15:52And when I fodeled these, I post one of them was freed.
- 15:58I realized that I don't like people telling me what to do. I don't
- 16:03like having a boss. I don't like being told that I'm good, dad
- 16:08and different simply because some guy with the position hied me in this hierarchy.
- 16:15Says so, I love being able to make by own choices that help other
- 16:19people, aren't my own path. And by identifying our bad we could actually
- 16:26start to say, well, I'm being told that I should go and get
- 16:30it hundreds of thousands of dollars get a really good. That's gonna lead me
- 16:37to the happiness that I really want to life. All Right, I feel
- 16:41like we're getting toward the prosperity loop right now. We'll get to that in
- 16:44a second, though, because you just mentioned how your dad went door to
- 16:48door basically and thanked all his customers and whatnot. But are you saying that
- 16:52nowadays small businesses rely too much on social media to connect? Are you saying
- 16:56many they're really not go I'd say that that entrepreneurs love accounts. It's just
- 17:07it's just one of those things. And then and the technology that's available today,
- 17:10chapp Ai, it's just so analzed. But what I can saying,
- 17:17so, I'm not saying that you shouldn't choose it. You have to make
- 17:19your presence help, but to depend upon it for your referrals, end conduct,
- 17:26for your client development. Over seventy five percent of new business bass generated
- 17:36all businesses referral to. Do people have a positive experience at your company?
- 17:44That's what the goal is. It's not it's in personal relationships, you know.
- 17:51I know, I feel like there's a lot of people that say they're
- 17:52tired of corporate America and whatnot. Right, So, what's your advice to
- 17:56them is they try and exit out of that and maybe even into an even
- 18:00more private sector, which is a small business sector. I mean, is
- 18:03that a challenge? Did you find that challenge at all? Were you coming
- 18:07from corporate America as well? It was scary. I did corporate and you
- 18:12know, I got my NBA at Northwestern. I want to work. I
- 18:15worked for someone most prestigious global orientation in the world. Really amazing, interesting
- 18:26pieces of work. But it was it was a deal that I thought that
- 18:30all the devil devil deal, and it is you gave me a lot of
- 18:36money. You get to tell me everything that I need to do, where
- 18:40I need to go, when I need to go, what I need to
- 18:41sacrific and how to do that. And I thought that was the proper way.
- 18:48What are the state being able to make, the city being able to
- 18:57have the ability to work? You want business, I'm sure, it's sure.
- 19:07It takes a while to generate some brevity so you can start this inside
- 19:12of mustle even better. But I had savings, so I was able to
- 19:18create my business by dipping in the savings. It's scary, m but ultimately
- 19:26I wake up every single excited to go to work. I don't I don't
- 19:32read. I can't wait to do the things right. But I know I'm
- 19:37making a difference, and I know that I'm doing good in the world.
- 19:41I know I'm hopefully so Joel. If you get paid for that doesn't much
- 19:49better out. All right, you talk about how you got to dip into
- 19:52your savings. Do you find that that everybody's hustling to get people to fund
- 19:56their you know, back then, and fund their endeavors. Is there a
- 20:00right right way to go about that though? Get funding for your endeavors.
- 20:07The best way to get funding for your endeavors to keep profits. Okay,
- 20:15as someone who's investing in private, it's not just the idea of it's it's
- 20:22the model that you made money. Group to me, you are single,
- 20:29bobus be profitable. That's real good kind of like, Okay, thanks,
- 20:34don't lend money, so they don't they're gonna get take that, whereas some
- 20:40would say, thanks, don't lend your money until you don't need it.
- 20:44Send two things with getting funding for the girl businesses, also, we do
- 20:49expect to give take that might bear friends, I fear family. All right,
- 20:57Well, let me ask you this question because I feel like, as
- 21:00we're talking, there's a huge competitive edge small businesses can have over the big
- 21:04dog. And you know what that is. They could start recruiting those that
- 21:07are tired of the big dogs and working for the big dogs and saying,
- 21:11hey, come work with us. You don't want to be in an office
- 21:12space, Hey, we'll have you come with us. Is there a competitive
- 21:17edge here that we're seeing now? There is, particularly if you have purpose.
- 21:21So as I think people want to just self product, they want to
- 21:26have a reason for being being involved with. So we're moving into this world
- 21:33where they used to be quote nonprofit profit, what profit is considered shareholder experiation?
- 21:41Uh? Doct for profit? Was the do gooders? That model is
- 21:47being blurred. Okay, your your profit business doesn't have as they if you
- 22:00have them your employees that needs to be there there wants and desire. What's
- 22:10your customer want? Your employees take their considerations in mind. That's when you
- 22:15can start improving people away from other worlds to take without having aid, but
- 22:22they have feeling attribution that is invaluable. Chris, you know, I think
- 22:30there's a there's always the same keeping the lights on. How do you help
- 22:33small business owners do more than just keep the lights on, but really thrive
- 22:37in their community. Well again, I help them identify what their values are
- 22:41and I talk to them. H when you see gas Okay, dig explit
- 22:48who wrote topics which seven years ago, that's second great. Really he says
- 23:07that you don't discover your passion, people like, what's my passion? It's
- 23:14not a bolt of life. You try your passion on. I got like
- 23:19a like a pair of shoe. So this looks interesting. I think I'm
- 23:25going to give that a try, see how that feels. Or these people
- 23:30need some help over here, and I think I'll give that a little try,
- 23:36see how that feels. You'll know soon enough whether it's stick, whether
- 23:41or not adding something that you want to to whether I added something that gauges
- 23:45and engages your interests. So allow yourself the ability to follom luck with what
- 23:52you're doing. The only way to do that to go give them, give
- 23:56something. Does this involve the podcast world as well? Like I feel like
- 24:02there's seven thousand podcasts around here trying to do something different with their show,
- 24:06maybe monetize it. Do you work with podcasters also? I do. I'm
- 24:11happy to be able to anybody has any questions in regards to work that I
- 24:15do services that you can reach out to the w w W GET dot gm
- 24:23P that ill. As I mentioned, I'm creating a class on value.
- 24:32I'm happy to believe to talk to you about bringing purpose into your life and
- 24:37your business. There's the last game, consult help them profitable. H I
- 24:45really believe that we can go over some of that. But to me,
- 24:52to join being the business is having your business you're doing. So that's really
- 24:57what my focus is. Make sure that you're in a position where you are
- 25:03gave what you do money. Com I love I love cracking up in the
- 25:10mic and having these conversations. So this is definitely a passion of mind.
- 25:12I think you're tapping into that with me today. Chris Latin Sliger, this
- 25:17is so great, just been talking with you. The small business owner though,
- 25:21can be stubborn, right, so we we think it can be done
- 25:23in a month or two months, six months? What kind of patience does
- 25:27it have and do you have to have as a small business owner just really
- 25:30get this something off the ground. It always takes longer than you think.
- 25:34It always takes never reason, do you think you could here is a suggestion.
- 25:47People that are get it. There are a lot of older people that
- 25:52are retiring that have profit it's just out and usually find a way to buy
- 26:03them. There's a whole new world of ownershipship that's going on. I have
- 26:11a very good friend. He just bought him of all the things and and
- 26:18he's been able to expand a number of clients that are that are our restaurants
- 26:23and service providers that are buying his hide. And he took a business that
- 26:29was comfortable to buy out the workout and he moved into this and he's back
- 26:36home to expanding this. But he's allowing it often to be able to have
- 26:41some sausage so that it's fun for some charitable events, supports positive that are
- 26:47built the family employs. How it works, you don't have to start to
- 26:52stress these other people's experiences all to picking them work they've already done that might
- 27:02be short. I know that that's that's always not easy for an owner to
- 27:07actually sell their business. So it's a lot of trust in that kind of
- 27:11exchange. I'm I'm assuming there. Yeah, it's like I mean, common
- 27:18transact because again owners want to have some value work they put in and it's
- 27:26not gonna happen with other places, perhaps certain that people take the deal work.
- 27:37Obviously you can have the best the world, but unless the two people
- 27:45want to execute good will, don't have a problem. So fine, do
- 27:52your due diligence to your businesses up sale you're looking to get in short time.
- 28:03There's any services that are probably a positive business you know to be Canada.
- 28:14I schedule a strategy meeting session with you. That's what this college strategy
- 28:17session. So let me ask you this, are you having a lot of
- 28:18those this week? Because I feel like at the beginning of twenty twenty four
- 28:22people have to are probably very eager around this time of year, every time
- 28:26during New Year right to get their business off the ground to start the year.
- 28:34Sure, there's a calendar aspect associated here, but I see every day
- 28:41is a blessing. I wake up that day is going to be a basic
- 28:47day, and what are the one, two or three past that I need
- 28:52to do immediately to be able to bring me closer. Still, that's what
- 29:00I focused on when you make a chieve for every single day. The priorities
- 29:07make the business and success as zeo yourself, and you're probably very busy every
- 29:15day. How do you take down time for yourself in a very busy,
- 29:19chaotic day. It sounds like you go through, you know, with your
- 29:22goals having to achievement one eye. Do you have any downtime? I have.
- 29:29I have the greatest life. I feel so love. We're traveling to
- 29:34Springs tomorrow the film Festival, going to San San Francisco the following to be
- 29:42part of uh Video Cafercy program for recording classes. You have to take for
- 29:52the things that you want no one else to do. It makes the time
- 29:59in your schedule, take the time, help and I get to do it
- 30:03with someone who is amazing. So prioritize the people in their lives. And
- 30:10actually, this is the story that I'm going to end on, is that
- 30:14people love businesses. Okay, I was at a company had Again. I
- 30:23was just turning. I love this was the number one sales person. I
- 30:32loved the product of love people. It was amazing. And I'll never forget
- 30:37my word birthday and literally on my body birthday, I want employee. It
- 30:45would have did any world. Lord, the whole company was there was fantastic.
- 30:52Aspired at the very same company. Lesson than the reason I wasn't just
- 31:02the only higher sales for through off reason stordin successful. We had to build
- 31:14our jobey, I felt that he couldn't man, and he dig yeah,
- 31:22without jeopardizing the return. I understand it was a logical business decision. For
- 31:32what I learned that business is so fun. Wow. On that note,
- 31:40thanks so much, Christopher and Chris. I got Luke dot com so so
- 31:44great to meet you man, and we got this again in the in the
- 31:47coming months. Okay, I look forward to it. Thank you so much.
- 31:51I so appreciate it. I would follow you the very best. And
- 31:55I want to thank pod match for connecting us. And yes we will have
- 31:59Chris her on again. But that was Christopher Lautenschlager on the Alex Garrett Podcast Network.