08/24/19

CEO Shoptalk — Teaching Yourself

I am fond of saying, “When the student is ready, the teacher will appear.” It has been a cornerstone of my “Wisdom of the Campfire” CEO coaching consultancy with — wait for it — CEOs.

I get calls from a great number of CEOs who are looking for guidance for a specific situation and I have longstanding arrangements with others, some for several years.

The common denominator is they are “ready.”

An adjunct to that is that sometimes CEOs are both the teacher and the student. You may be teaching yourself. It is neither odd nor unusual and many times it is complementary to a steady arrangement with a CEO coach.

On the left, how the CEO sees him/herself. On the right, how the CEO may really be. The transformation is the teaching. Sometimes, you are teaching yourself.

Allow me to give you an example from my personal experience.

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08/17/19

CEO Shoptalk — Counting Coups

As a leader, it is imperative that the company you build and lead is energized from within by taking a moment to celebrate victories. In history, this is called “counting coups.”

The other day I was advising a client and we got to the issue of rewarding accomplishments and behavior.

“Why is this important?” the brilliant CEO asked.

“Because you will get more of whatever behavior your recognize and reward. Reward good performance — more good performance,” said your Big Red Car.

We wandered into a discussion as to how the military did it with a formal awards program wherein an individual was formally recognized by having their exploit written up, memorialized in a citation, and symbolized by a bit of colored ribbon they would wear on their uniform forever. These awards in the military are given in front of one’s unit often at a parade. It is very public moment.

One of my platoon sergeants when I was a young lieutenant had been awarded a DSC. Every payday we wore our green uniforms with ribbons. Every payday I would have him tell the story of how he won the Distinguished Service Cross to my platoon. We were counting coups.

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08/15/19

Reading With Skepticism And Perception

The other day I read an interesting blog post by a former client of mine, Anthony Bucci, former co-founder and CEO of Revzilla. He was an early client and I thoroughly enjoyed working with him as he scaled Revzilla into a powerhouse eCommerce business. He blossomed into an excellent CEO and monetized the company in a world class exit. Pay window.

His blog post which you can find here is excellent. He is taking a summer breather, focusing on his five bambinos.

Summa Read, Summa Listen by Anthony Bucci, former CEO Revzilla

Anthony, who I have never called “Fredo,” gives you a nice cross section of the current literary offerings and podcasts of those who are seeking knowledge at the inspirational C-suite level. All good books.

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07/12/19

CEO Shoptalk — The List of Horribles

Nice day in the ATX. Nice day to talk about the List or Horribles.

The List of Horribles is something which a CEO of a startup or small business WILL encounter along the way to the finish line (pay window). These things — not all, but some — will happen.

“Come on, Big Red Car, really?” you say in that skeptical voice of yours, the one your mom used to call your “whiny” voice.

“Yes, dear reader, dear CEO, many of them will happen.”

Here is you (female CEO?) dealing with the List of Horribles. The guy with the helmet head is a Venture Capitalist finalizing the negotiations of a down round.

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07/1/19

CEO Shoptalk

OK, so this lazy friend of mine — who I owe a favor — says to me, “Big Red Car, I like the ‘CEO Shoptalk’ series, but why don’t you put them all in one place?”

“You’re too lazy to use the SEARCH function on the website?”

“Yeah, bite me.”

So, here it is, y’all.

This is you filled with wisdom.

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07/1/19

CEO Shoptalk — Situational Awareness

CEOs have a hard job. Keeping it is one of the most difficult parts of the job. Keeping your job as a CEO may depend on your ability to understand the situation — something pilots call “situational awareness.”

In an airplane, you have several instruments that an instrument-trained pilot scans to determine the situation — speed, direction, level flight, climbing, descending, fuel status, GPS (redundant), and George (George is the autopilot). I have taken to calling George Georgette.

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