05/25/17

Courage — CEO Shoptalk

Courage is quiet. It is unassuming in its moment.

Big Red Car here in the ATX where it is that time of the year when it’s 65F at dawn and this afternoon it will be in the low 90s. Those first warm days are a blessing, but it’s almost June and it’s almost summer, so bring it, Mother Nature. Hit me with your best shot!

Today, we talk about courage. The dictionary would have you believe that courage is the ability to face danger or difficulty without fear; or, the ability to act in accordance with one’s beliefs or convictions in spite of criticism.

Not buying it, y’all. Courage is the ability to act despite the fact you are wracked with fear. It does not vanquish fear. It acts in spite of fear.

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05/20/17

CEOs — Doing Tough Things Shoptalk

No tough things for a Big Red Car today, just chores.

Big Red Car here on a big day for chores, accumulated, undone chores. Bah humbug!

Before we head to do our chores, how about a bit of shoptalk for CEOs?

Being a CEO is a great job. Don’t listen to the hair-shirt-of-the-month club and their “it’s lonely, so lonely at the top.”

But, if you’re going to be a CEO, you have to do tough stuff sometimes.

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What seems tough the first time, isn’t tough the third time and when you do tough stuff, you get used to and comfortable with doing tough stuff.

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04/30/17

Values & Skin In The Game

Do you embrace values which require you to have skin in the game? Or are they and you all talk?

Big Red Car here using The Boss’s computer while he’s at church. The Boss needs to spend more time at church. Needs a good sermon.

So, I get on the issue of values with that cute Mercedes convertible who lives over on Gaston Avenue. We’ll talk sometimes and sip some 10W40.

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Big Red Car’s “friend” over on Gaston. They like to sip some 10W40 on weekends when The Boss is distracted. Nice set of headlights?

She’s hot on the subject of values and I ask her, “What about values?”

“Don’t get me started,” she says and burps. The 10W40 is good, but she has a little indigestion. She’s still cute.

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04/26/17

Leadership Style — CEO Shop Talk

Leadership style or cattle today? Hmmm, which one?

Big Red Car here on one of those Texas days that makes you want to get on a horse and herd cattle up the trail, cross the Red River into the Indian Territory, and kick up your heels at a dance hall in Abilene, Kansas.

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Listen, Big Red Car, I am not going to Abilene, Kansas. I like it right here. Go away, Big Red Car. Notice the lovely earrings. Cattle are controlled by numbers and they are assets on the hoof.

Maybe not.

OK, so I wrote a blog post a while ago about finding your “authentic” leadership style. I was talking to some CEOs (me, the Big Red Car, not that other guy, The Boss) and we got on the subject of leadership style. Everybody got hung up on the word “authentic.” Haha, it was funny.

Finding Your Authentic Leadership Style <<< read this

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04/14/17

Vision — Selling and Living the Vision

Vision, Big Red Car?

Big Red Car here on a gloomy and threatening Texas morning in the ATX, which is still a great place to be even if there is thunder on the horizon. On Earth as it is in Heaven. [Haha, On Earth as it is in TEXAS! Were you paying attention?]

The Boss has been at this CEO coaching thing for about five years now. During that time period, he’s worked with a lot of CEOs and C suite potentates. Like all things, folks approach life and the business of CEOing in different ways and have different outcomes.

The Boss has told a very small number of CEOs — “This doesn’t look like it’s going to work.”

There has never been a single CEO with whom The Boss has had that conversation who has been surprised. Most of them came to him with their bags packed and The Boss told them they were right and discussed how to wind things up correctly.

The Boss is likely to be more optimistic than a troubled CEO because he has seen CEOs turn things around. When you have seen lead made into gold, you begin to think anyone can do it.

That is, unfortunately, not true. But, there is a common denominator amongst those who do and today we talk about that.

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04/10/17

Scaling Sales — One Index Card Shop Talk

Big Red Car here talking scaling sales on a lovely — no, cloudy and gray — day in the ATX. On Earth as it is in Texas, y’all!

So, the Big Red Car comes from the school of SALES SOLVES EVERYTHING which means that CEOs need to focus on sales from the first day they start.

Any argument there? I didn’t think so.

But, once you have some sales, how does the crafty CEO scale the sales operation?

Listen up, dear reader, as the Big Red Car gives you a single index card answer. Ready?

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03/28/17

Board of Directors

Big Red Car here waiting for Saturday and the Final Four contests. OK, but I am getting a lot of questions about all things pertinent to a Board of Directors and how to run board meetings and how to deal with board members.

We’ve talked about this before, so let me give you some frames of reference.

Know that I’ve stolen all of this from The Boss who had a lot of boards, board members, and board meetings in thirty-three years of CEOing.

Here it is for your use.

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03/21/17

Employment Agreement Series One More Time

This post was made four years ago and is still relevant today. If you are a CEO, you need an Employment Agreement. Get one and consider the following information when you do.

Here are some blog posts on the issue of C Level Employment Agreements.  Click on each link to read the pertinent blog post.

The Design of Compensation Packages for C Level Execs and Senior Management

C Level Employment Agreement Provisions

C Level Employment Agreement — Position

 C Level Employment Agreement — Salary

C Level Employment Agreement — Benefits

C Level Employment Agreement — Short Term Incentive Compensation

C Level Employment Agreement — Long Term Incentive Compensation

C Level Employment Agreement — Compensation, Something Special

C Level Employment Agreement — Managing the At Will Employee Relationship

C Level Employment Agreement — Termination

C Level Employment Agreement — Severance Package

C Level Employment Agreement — Change of Control Provision

C Level Employment Agreement — Parting Shots

You can do this. I’m counting on you. But, hey, what the Hell do I really know anyway? I’m just a Big Red Car.cropped-LTFD-illust_300.png

03/19/17

CEO — Learning To Walk

Big Red Car here in the ATX during SXSW, Texas bluebonnets, azaleas blooming, March Madness, and a bit of spring skiing? Is this a great country — Texas, I mean — or what?

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Bluebonnets and Indian paintbrush co-existing in the Hill Country west of Fredericksburg. Peak bluebonnet is a few days away.

OK, so The Boss is talking to a youngish CEO.

“I may not be cut out to be a CEO,” says the youngish CEO. “Maybe, I’m just not CEO material.”

This CEO is actually quite brilliant but the CEO-ing gig is kicking his ass right now.

The Boss listens. A lot of dealing with momentarily troubled CEOs is letting the poison out and that requires a lot of listening. Sometimes, they need to be talked in off the ledge.

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