Dr. Nick Oswald founded Bitesize Bio in 2007 as a way to help researchers share their professional know-how to make science more efficient, more successful, and more enjoyable. Kenneth Vogt is a 40 year serial entrepreneur sharing the clarity and wealth of a life well lived.
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Guest Resources
Nick’s LinkedIn – Connect to Nick on LinkedIn.
Vera Claritas – Check out Kenneth on their website.
Kenneth’s LinkedIn – Connect to Kenneth on LinkedIn.
3 Value Bombs
1) Decide in advance what a rockstar is to your business and look for them.
2) There’s value for people who wants to be involve in the overall vision.
3) Realize that as a founder, you are not an island. You are going to need help from your family and an executive coach. Its an investment of time and money but it is the best that you can do for your long term future.
Sponsor
HubSpot: Get ready for growth, without the growing pains! Visit HubSpot.com/spotlight to see the dozens of major product updates that’ll make impossible growth feel impossibly easy!
Show Notes
**Click the time stamp to jump directly to that point in the episode.
Today’s Audio MASTERCLASS: Why I Hired an Executive Coach
[1:50] – Nick shares how to find, woo and afford rockstars.
- He keeps his eyes open and have a vision of what he wants to happen in his company. He knows one when he sees one.
[2:25] – Kenneth adds that from observing Nick , you have to be around where those people are and be in the scene to engage with them, you can find those people.
[3:01] – Kenneth shares how to find rockstars.
- First, you need to know what are you are looking for and then find them in that area where they can be found for example in LinkedIn, trade shows or conferences, those who will be useful in your business. Decide in advance what a rockstar is to your business and look for them.
[3:44] – Nick adds how to woo a rockstar after finding them.
- It’s all about vision and one of the things they do to get good writers in Bite Size Bio is creating a community where there’s visibility and a place to involve which is an easy way to filter and find them as they work with them.
[4:36] – Kenneth adds how to afford them.
- There’s value for people who wants to be involve in the overall vision. There are merits, a great working environment, flexibility , autonomy and options for growth. Its not just about the money but about the whole package.
[6:21] – Nick talks about how to create an environment where employees see a path forward.
- He has a big vision for his company and he communicates it with his team. That vision is not fix but is allowed to grow with his staff so they can all grow together and have a bigger vision that will ultimately lead to more financial and individual reward.
[7:11] – Nick talk about how to wrangle a group of individually ambitious people and turn them into a team.
- It needs a balance of orderers and disorderers. Disorders are those who like to create chaos where growth comes from. Orderers are those that take the chaos and use systems to deliver the services. Everyone should be working together.
[7:57] – Kenneth adds to this.
- You have to create something that big companies can’t offer in order to compete in getting those ambitious people. It can be more autonomy, more flexibility and more room to grow.
[9:21] – A timeout to thank our sponsor!
- HubSpot: Get ready for growth, without the growing pains! Visit HubSpot.com/spotlight to see the dozens of major product updates that’ll make impossible growth feel impossibly easy!
[13:17] – Nick talks about how to know when it is time to let a highly talented person go if they are not getting you the results you need in the present.
- When he feels that a person is no longer going in the same direction with their vision and goals and is going on his or her own direction. They will see if they can accommodate their ambition or bring that person back to the general direction but if not, then its time to let go even if they are good staff.
[14:06] – Kenneth adds.
- Sometimes the vision , situation and a person change and we have to recognize it. If they are not anymore aligned in with the company’s goals, they will be frustrated so better part ways in a good note. Don’t burn bridges for you never know when you might encounter someone again.
[16:04] – Nick talks about rewarding good people beyond cash in their pocket in ways that they love.
- Its important to create an environment where they feel they can’t leave because it was so good. There are simple ways like flexibility of working, benefits that show they care by giving people whatever outlet they need for work and to influence and grow. This will make their workplace a source of joy to them.
[19:19] – Nick shares how to meet his own needs as well as the needs of the employees.
- He balances everything by having a plan as early as possible so he can be able to handle even the bits and pieces of the business that he also enjoys.
[20:06] – Kenneth adds.
- Two important things are seeking administrative jobs even if you are doing it temporarily and hiring an executive coach who will see the outside view and notice when he needs a break , shift a role or delegate.
[20:41] – Nick give his takeaway and call to action.
- Get an executive coach who will give an oversight for your business.
- Nick’s LinkedIn – Connect to Nick on LinkedIn.
[21:36] – Kenneth gives his takeaway and call to action.
- Realize that as a founder, you are not an island. You are going to need help from your family and an executive coach. Its an investment of time and money but it is the best that you can do for your long term future.
- Vera Claritas – Check out Kenneth on their website.
- Kenneth’s LinkedIn – Connect to Kenneth on LinkedIn.
[21:57] – Thank you to our Sponsor!
- HubSpot: Get ready for growth, without the growing pains! Visit HubSpot.com/spotlight to see the dozens of major product updates that’ll make impossible growth feel impossibly easy!
Killer Resources!
1) The Common Path to Uncommon Success: JLD’s 1st traditionally published book! Over 3000 interviews with the world’s most successful Entrepreneurs compiled into a 17-step roadmap to financial freedom and fulfillment!
2) Free Podcast Course: Learn from JLD how to create and launch your podcast!
3) Podcasters’ Paradise: The #1 podcasting community in the world!
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