nathanstooke - doubleradius · ’letgo! read,read,read,read,read & you will be the same person...
TRANSCRIPT
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IF I ONLY KNEW… PART 2
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Nathan Stooke • My wife is from South Africa • MBA from Southern Illinois University Carbondale in 2000
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Nathan Stooke • On US NaAonal swim team 1997 -‐ 2000
– 25km Race 15.5 miles – Ranked 3rd in the world in 1997
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Nathan Stooke • Started 3 companies
– Stookeware – Sabre MIT – Wisper ISP
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About Wisper • Started Oct 2003 • +5,555 Customers • 30 Employees • 3.4 Million in annual recurring revenue
Service is our Passion… Wireless is what we do. TM
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If I Only Knew… • Part 1
– The Plan – Employees – Financials
• Part 2 – Personal – Leadership – Own Your Company
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You
Define
Success
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Personal • Use your business to your advantage with your family
• Set goals and deadlines to start paying yourself
• Your family will be there even if your company is not
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Leadership • Lead by example • Accept that you do not know everything • Be the “Captain” of your company • The corporate culture starts at the top
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Be The Leader • Five Leadership Principles
– SIMPLIFY – DELEGATE – PREDICT – SYSTEMIZE – STRUCTURE
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SIMPLIFY • Is this as simples as possible?
2 people 2 lines
3 people 50% more people 200% more Complexity 6 lines
4 people 100% more people 500% more Complexity 12 lines
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DELEGATE • True growth is a series of delegaAng and elevaAng.
Growth
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Predict/Plan • Long term – beyond 90 days • Short term – within 90 days (daily stuff)
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SYSTEMIZE • The Wisper Way • Document 20% to get 80% of the results
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STRUCTURE • 10,000 foot view • Get the right people in the right seats
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Own Your Company • Could you walk away for 1 week, 1 month, 1 year?
• Are you working on your company or in your company?
• Do you own a job or a company?
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Own Your Company • See Part 1 about employees
– Hiring is the #1 job of the CEO • Empower the people that work for you • Trust them
LET GO!
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Read, Read, Read, Read, Read You will be the same person in five years as you are today except for the people you meet and the books you read.
-‐ ajributed to Charles Jones
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Great Books • Patrick Lencioni
– 5 TemptaAons of a CEO – The Five DysfuncAons of a Team – The Four Obsessions of an Extraordinary ExecuAve
• Jim Collins – Built to Last – Good to Great
• Gino Wickman – TracAon
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… NOW YOU KNOW. PART 2