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Adam Frederico grew up in Utah, surrounded by entrepreneurial family members, including his father, Russell Frederico, the founder of what is now Frederico Outdoor Living. A BYU graduate from the Marriott School, Adam spent 8 years in Chicago working in corporate America, startups, and consulting. He later pursued an MBA from The University of Chicago Booth School of Business. It was during this experience that Adam decided to buy the family business and grow within the green industry. Adam aims to expand upon the 40-year legacy his father started. The company has been named to Lawn and Landscape Magazine's “Best Places to Work” list multiple times, had projects featured in the Utah Valley Parade of Homes, and has won four “Best Landscaping Awards.”SHOW SUMMARY In this episode of the Disruptive Successor Podcast, host Jonathan Goldhill talks with Adam Frederico, a next-generation leader who took over his family's landscape business, Frederico Outdoor Living. Adam shares his journey from corporate America to entrepreneurship, his experience implementing the Entrepreneurial Operating System (EOS), and the challenges and successes in transitioning and growing the family business. With insights on leadership, culture, and maintaining family harmony, this episode provides valuable lessons for anyone involved in a family business or considering a significant business transformation.KEY TAKEAWAYSTransitioning from Corporate to Family Business: Adam shares his personal journey from working in corporate America to taking over his family's landscape business, Frederico Outdoor Living.Implementing EOS for Growth: Adam discusses how he successfully implemented the Entrepreneurial Operating System (EOS) to streamline operations, align his team, and drive business growth.Leadership and Family Harmony: Key insights into the challenges of leading a family business, maintaining family harmony, and creating a balanced leadership culture that fosters success.Overcoming Challenges in Business Succession: Adam highlights the unique obstacles of transitioning leadership in a family business, and how he navigated those challenges to ensure continuity and growth.Lessons for Next-Gen Leaders: Valuable advice for the next generation of leaders in family businesses, emphasizing the importance of leadership, culture, and strategic vision.Creating a Strong Company Culture: Adam explains how fostering a positive company culture has been instrumental in driving both employee satisfaction and business success.Advice for Family Business Owners: Practical lessons on how to sustain and grow a family business while preserving the legacy of previous generations.QUOTES"Entrepreneurship for me was taking something that was existing and making it better.""What differentiates a company is the process... It's how we deliver that client experience.""People don't care how much you know until they know how much you care.""It's not just about catching a vision and talking about growth, it needs to be a co-created vision.""When those [one-on-ones] are consistent and really thoughtful, we are doing very well because the team feels aligned.""The green industry is a bit slow to adopt newer management practices... but it's important to connect with employees on a personal level."Connect and learn more about Adam Frederico and his company:Adam's LinkedIn:https://www.linkedin.com/in/adamfrederico/Adam's Company: Frederico Outdoor Living: https://www.linkedin.com/company/frederico-outdoor-living/If you enjoyed today's episode, please subscribe, review, and share with a friend who would benefit from the message. If you're interested in picking up a copy of Jonathan Goldhill's book, Disruptive Successor, go to the website at www.DisruptiveSuccessor.com
What would happen if every employee in your company understood how the business makes money and how their work impacts the bottom line? That's the promise of Open Book Management, a powerful approach that transforms financial transparency into a culture of shared ownership, accountability, and innovation.In this episode, Steve Baker of The Great Game of Business joins ProCFO Vaughn Henson to explore how Open Book Management redefines how companies communicate, operate, and grow. Together, they share real-world examples of frontline employees solving problems, improving profitability, and sparking innovation - all because they were invited to understand the numbers behind the business.We explore why financial literacy is a leadership responsibility, how CFOs can play a strategic role in cultural transformation, and how even the smallest idea can lead to significant savings and impact.What shifts when every person on your team starts thinking like an owner? This conversation offers a compelling vision of what's possible when you open the books and open the door to something bigger.Featuring Steve Baker and Vaughn Henson.Create The Next is delivered to you from ProCFO Partners. Every week, we explore strategies and ideas for financial management and growth to help today's businesses put their financial picture in context. ProCFO Partners are expert financial officers networked across industries, verticals, specializations and situations. Fulfilling the role of a part-time CFO with all-time commitment, ProCFO Partners utilizes the innovative and exclusive FGC Financial Flywheel as a framework that creates momentum to drive your financial functions for sustainable success. Visit procfopartners.com to explore how we can implement a systematic and scalable financial system to help you achieve your goal.
A strong company culture doesn't happen by accident—it takes intention, leadership, and consistency. In this episode of Remodelers on the Rise, Kyle Hunt talks with Danielle Russell, President of Builder Funnel, about creating a culture that attracts top talent, fosters growth, and keeps teams engaged. They explore the impact of core values, leadership strategies, and creative ways to build team morale! We also have a slide from Builder Funnel outlining their core values—check it out here. Whether you're looking to strengthen your existing culture or start defining it for the first time, this conversation offers practical insights to help you build a thriving, purpose-driven business that top talent will be excited to join! ----- Today's episode is sponsored by Builder Funnel! Click here to learn more about how Builder Funnel helps remodelers and home builders grow through strategic digital marketing. ----- Explore the vast array of tools, training courses, a podcast, and a supportive community of over 2,000 remodelers. Visit Remodelersontherise.com today and take your remodeling business to new heights! ----- Takeaways Culture is what happens when leaders are not in the room. Core values should be lived by and communicated regularly. A clear core purpose attracts growth-minded individuals. Celebrating wins fosters a positive team environment. Setting clear goals helps align team efforts and accountability. Open communication is essential for remote teams. Quarterly themes can keep the team engaged and focused. Shouting out team members for living core values builds morale. Investing in team growth leads to higher retention rates. A strong culture can lead to a team of A players. ----- Chapters 04:39 The Importance of Company Culture 12:38 Core Values as the Foundation of Culture 19:33 Fostering Growth and Team Development 20:46 Empowering Teams Through Scorekeeping 21:56 Quarterly Themes and Open Book Management 23:29 Injecting Fun into Company Culture 25:27 Celebrating Wins and Core Values 28:01 Building a Culture of Celebration 31:00 Scaling Culture as You Grow 34:14 The Importance of Positivity in Culture 37:01 The Business Case for a Strong Culture
On April 8, we're hosting a free web class with Matt Risinger to teach you how to manage your finances like a 7-figure contractor. Register here: https://trybta.com/CE-FIN2025To learn more about Breakthrough Academy, click here: https://trybta.com/EP204 Openness and transparency are values MANY of us espouse. But how open and honest are you really?Does your crew understand budget hours vs. actual hours?How about the projected gross profit on the project they just started?How about last year's net profit?In today's episode, we're talking to Creative Roots Landscaping founder Ryan Markewich along with three of his team members: Jacob Markewich, Rik Van Espen and Zac Neufeld.They run their landscaping business, Creative Roots, completely open book. Every person on the team is taught and shown every metric the business tracks and knows how every dollar is made.This conversation is all about the employee perspective on open book management. What it does for the culture they work in, their feelings about work and its effect on performance.Episode Highlights:Learn how open book management works in practice, using friend of the show Ryan Markewich's highly successful Creative Roots Landscaping as a case study.Get the perspective of three team members—what openness and transparency does for their culture, sense of purpose and performance.Hear how Ryan's strategy has resulted in high retention rates, exceptional talent, and a work environment that has people lining up at the door to be a part of.00:00-Intro01:36-About Open Book in Creative Roots05:57-What drew the team to Creative Roots?09:03-What impact does open book management have on the culture?19:48-Best part of open book management37:13-Is it true that young people don't wanna work in the trades?45:56-Advice to business owner wanting to try open book management
Send us a textDiscover how Ellen Rohr transformed her life from marrying a plumber to becoming an influential leader in the trades industry. Ellen shares her vibrant journey with businesses like Benjamin Franklin Plumbing and Zoom Drain Franchising, highlighting her dedication to empowering tradespeople. With insights from business consultant Al Levy and industry expert Frank Blau, Ellen underscores the importance of mentorship and financial literacy in achieving success.Explore the unexpected twists and turns of the drain cleaning industry through Ellen's candid reflections on financial challenges and personal dynamics. She opens up about the emotional rollercoaster of working with a spouse and transforming business hurdles into growth opportunities. Ellen's unique story involves selling a plumbing business to its team, showcasing the power of open book management and instilling entrepreneurial ambitions within an organization.From leveraging technology in hiring to mastering marketing strategies, Ellen offers a wealth of knowledge on optimizing operations and identifying top talent. Her enthusiasm is contagious as she discusses the role of AI in revolutionizing the hiring process, shares marketing insights inspired by figures like Dave Ramsey, and details the strength found in networking and collaboration. Listen to Ellen's inspiring narrative and gain valuable perspectives on building successful careers and businesses in the trades.https://www.servicetitan.com/blog/news-ellen-rohr-joins-servicetitanhttps://www.linkedin.com/company/bare-bones-biz-inc. Support the show https://www.audible.com/pd/9-Simple-Steps-to-Sell-More-ht-Audiobook/B0D4SJYD4Q?source_code=ASSORAP0511160006&share_location=library_overflowhttps://www.amazon.com/Simple-Steps-Sell-More-Stereotypes-ebook/dp/B0BRNSFYG6/ref=sr_1_1?crid=1OSB7HX6FQMHS&keywords=corey+berrier&qid=1674232549&sprefix=%2Caps%2C93&sr=8-1 https://www.linkedin.com/in/coreysalescoach/
A new episode of 'Owned and Operated' is here, with the incomparable Ellen Rohr joining Jack and John as they talk about her expensive journey through the world of plumbing, what leadership means, and why open book management leads to success. They talk about Ellen's journey from plumbing to business success, strategic approaches to overcoming debt through proper pricing, and the personal evolution of founding successful ventures like Benjamin Franklin the Punctual Plumber and Zoom Drain. Now working with ServiceTitan, Ellen has seen a lot–don't miss this masterclass episode of the show.A SPECIAL THANKS TO HATCHTurn communication into conversion with Hatch and its AI Agents, ready to handle follow-ups, reminders, email blasts, and more for your home service business. Save employee hours and book more leads with the power of Hatch.Learn More About Hatch HereEpisode Hosts:
In this episode of The Better Leadership Team Show, I dive into the transformative power of open book management with Rich Armstrong, a Senior Coach at The Great Game of Business, Inc. SRC Holdings Corporation. He has more than 33 years of experience in improving business performance and employee engagement through open-book management (OBM) and employee ownership, with service as a consultant and as an executive at SRC Holdings Corporation, a 40 Year Employee-Owned Company and one of America's top 100 largest majority employee-owned companies. Rich also served as the President of The Great Game of Business for 17 years, where he co-authored the update to The Great Game of Business 20th Anniversary Edition and his new book ‘Get in the Game: Creating Rapid Financial Results and Lasting Cultural Change' with Steve Baker. This practical, “first-hand” experience has enabled him to successfully apply the practices of OBM and Employee Ownership in both small and large-scale company implementations around the world.In this episode, we discuss the critical role of trust in leadership teams, the true essence of open book management beyond financial transparency, and the impactful history of SRC's turnaround. Learn how financial transparency and education can empower your team, the importance of involving employees in financial forecasting, and the benefits of creating targeted mini games to drive performance. Ultimately, we'll explore how open book management fosters a culture of mutual trust, respect, and proactive problem-solving, fundamentally developing better leaders and driving business success.www.greatgame.comRich Armstrong LinkedinGet in the Game - BookChange the Game - BookThe Great Game of Business 20th Anniversary Edition - Book Thanks for listening! Connect with us at mike-goldman.com/blog and on Instagram@mikegoldmancoach and on YouTube @Mikegoldmancoach
Antarius: Der Podcast – Verwandle Dein Unternehmen in eine gut geölte Maschine
In dieser Folge geht es um die Bedeutung von Profit im Unternehmen und wie Transparenz Missverständnisse vermeiden kann. Zudem wird die "Profit First"-Methode von Mike Michalowicz vorgestellt, die Unternehmen dabei hilft, den Gewinn zu maximieren, indem Kosten reduziert und Einnahmen effizienter genutzt werden, um nachhaltiges Wachstum zu fördern.
Ryan Markewich is a business coach and a Great Game of Business certified practitioner. Having run a successful landscaping company for over 29 years, he's passionate about teaching other owners how to create cultures of ownership, accountability, and transparency that drives performance and profits.In this episode of the First-time Founders Podcast, Ryan shares his knowledge and skills in Open Book Management, a proven system that empowers employees to think and act like owners, and aligns them with the company's goals and vision. This is a ‘must listen' if you want to increase your profits, have more time for yourself, and find enjoyment in the process along the way.Interested viewers can reach Ryan via https://www.linkedin.com/in/ryan-markewich/ and Rob (https://www.linkedin.com/in/robertliddiard/) at Rob@mission-group.co.uk (or to book some free time with Rob, visit https://www.eosworldwide.com/rob-liddiard). You can buy a copy of the Great Game of Business via Amazon here: https://amzn.eu/d/5Lyo2xe.
In the latest episode of the "Build a Vibrant Culture" podcast, host Nicole Greer engages in a thought-provoking conversation with Marcel Petitpas, the CEO and co-founder of Parakeeto. Marcel is an expert in agency profitability optimization and serves as the head strategic coach at SAS Academy by Dan Martell. They delve into the controversial topic of time tracking in service-based businesses, discussing its impact on company culture and profitability. Marcel shares strategies for implementing time tracking to foster trust and collaboration, emphasizing the importance of accurate data, clear expectations, and open communication. The conversation also covers optimizing gross margins, data-driven project scoping, and the benefits of transparent management practices. The episode offers valuable insights for agencies aiming to enhance profitability and culture.
Larry Chase is a certified Open Book Management Coach and teaches companies how to be financially transparent with all of their employees. In this podcast, Larry and I talk about brewery compensation and bonus plans. Larry shares what NOT to do, and best practices to follow if you are thinking about putting a bonus plan in place for managers or staff. Key TopicsTop reasons why bonus plans fail...and how to avoid themBonus plan best practicesHow to use mini-games to create 'early wins'ResourcesConnect with Larry ChaseLearn more about the brewery financial round table
More than 20 years ago, Atlas Container was the cover story of an Inc. magazine article entitled, The Power of Listening (registration required).In this episode of Labor Relations Radio, host Peter List is joined by Paul Centenari, CEO of Atlas Container, a corrugated box manufacturer that practices Open Book Management (OBM). In this episode, Paul shares his views on what makes OBM a successful way to manage a business, as well as some of the challenges.Related: The Power of Listening—How does an old-line manufacturer in a stagnant industry manage to grow 25% a year for 10 years? By taking its employees seriously.For all prior episodes of Labor Relations Radio, go here.LaborUnionNews.com's Labor Relations Radio is subscriber-supported. To receive new posts and support our work, become a subscriber. Get full access to LaborUnionNews.com's News Digest at laborunionnews.substack.com/subscribe
“When people know what the score is, they play harder.” — Paul CentenariMore than 20 years ago, Atlas Container was the cover story of an Inc. magazine article entitled, The Power of Listening (registration required).In this episode of Labor Relations Radio, host Peter List is joined by Paul Centenari, CEO of Atlas Container, a corrugated box manufacturer that practices Open Book Management (OBM).In this episode, Paul shares his views on what makes OBM a successful way to manage a business, as well as some of the challenges.Related: The Power of Listening—How does an old-line manufacturer in a stagnant industry manage to grow 25% a year for 10 years? By taking its employees seriously.For all prior episodes of Labor Relations Radio, go here.__________________________LaborUnionNews.com's Labor Relations Radio is a subscriber-supported publication. To receive new posts and support our work, consider becoming a subscriber here.
If you've ever wondered how an Open Book Management business operates and whether or not this model might work for you. You're in luck! Open Book Management, or OBM for short, is a business philosophy and system that communicates the entire financial picture of the business all the way down to the laborer in the field. The fundamental idea is that every set of hands comes from with a free brain, and people generally play better when your keeping score. Our guest today is Ryan Markewich, founder of Creative Roots Landscaping in Kelowna, BC, and a certified Great Game of Business Coach. For the last twenty years, he's run Creative Roots fully “Open Book” and is here today to tell us about it. I ask him: - Does OBM really work? Or is this just another hyped-up business framework? - How much extra work is it to train employees on the financial reports and KPIs in order for them to truly be “in the game”? - How do they select future partners from their employee pool? - How do they groom them? And what does it actually mean when an employee purchases a tranche of the company? Open Book Management isn't for everyone, but if you've ever been curious about it, this is a great jumping-off point. 00:00 - Intro 02:08 - Ryan's Work-Life Balance 05:31- Does Open Book Management Really Work? 06:24 - OBM in a nutshell 10:22 - Ryan's Journey 18:51 - Open the books and teach the numbers 30:39 - High Involvement Planning (HIP) 37:50 - The Partnership Track & Cap Table 50:02 - Deeper Learning To know more about Ryan visit https://rmark.ca/ and https://www.greatgame.com/about/our-c... Subscribe to Breakthrough Academy to never miss a video! � http://bit.ly/youtubebta Interested in working with us? Let's chat: https://trybta.com/welcome Join our Facebook Group: https://www.facebook.com/groups/contr... Connect with us on Social Media: Facebook: https://www.facebook.com/thebreakthro... Instagram: https://www.instagram.com/btacademy/ LinkedIn: https://www.linkedin.com/company/1017... Email: info@btacademy.com Phone: 1-800-875-1704 #BTA #BreakthroughAcademy #BuildingSuccess Find More Episodes on PCA Overdrive: https://www.pcaoverdrive.org/contractor-evolution PCA Overdrive is free for members. Not a member? Download the app on the Apple Store or Google Play and enjoy a 7 day free trial! Become a member: https://www.pcapainted.org/membership-resources/
To learn more about Breakthrough Academy, click here: https://trybta.com/PCEP155 If you've ever wondered how an Open Book Management business operates and whether or not this model might work for you. You're in luck! Open Book Management, or OBM for short, is a business philosophy and system that communicates the entire financial picture of the business all the way down to the laborer in the field. The fundamental idea is that every set of hands comes from with a free brain, and people generally play better when your keeping score. Our guest today is Ryan Markewich, founder of Creative Roots Landscaping in Kelowna, BC, and a certified Great Game of Business Coach. For the last twenty years, he's run Creative Roots fully “Open Book” and is here today to tell us about it. I ask him: Does OBM really work? Or is this just another hyped-up business framework? How much extra work is it to train employees on the financial reports and KPIs in order for them to truly be “in the game”? How do they select future partners from their employee pool? How do they groom them? And what does it actually mean when an employee purchases a tranche of the company? Open Book Management isn't for everyone, but if you've ever been curious about it, this is a great jumping-off point. To know more about Ryan visit https://rmark.ca/ and https://www.greatgame.com/about/our-coaches/ryan-markewich See omnystudio.com/listener for privacy information.
To learn more about Breakthrough Academy, click here: https://trybta.com/PCEP155 If you've ever wondered how an Open Book Management business operates and whether or not this model might work for you. You're in luck! Open Book Management, or OBM for short, is a business philosophy and system that communicates the entire financial picture of the business all the way down to the laborer in the field. The fundamental idea is that every set of hands comes from with a free brain, and people generally play better when your keeping score. Our guest today is Ryan Markewich, founder of Creative Roots Landscaping in Kelowna, BC, and a certified Great Game of Business Coach. For the last twenty years, he's run Creative Roots fully “Open Book” and is here today to tell us about it. I ask him: Does OBM really work? Or is this just another hyped-up business framework? How much extra work is it to train employees on the financial reports and KPIs in order for them to truly be “in the game”? How do they select future partners from their employee pool? How do they groom them? And what does it actually mean when an employee purchases a tranche of the company? Open Book Management isn't for everyone, but if you've ever been curious about it, this is a great jumping-off point. To know more about Ryan visit https://rmark.ca/ and https://www.greatgame.com/about/our-coaches/ryan-markewich See omnystudio.com/listener for privacy information.
In this week's episode of the Maximize Business Value Podcast, Tom delves into the transformative power of implementing a robust business operating system (BOS). Join Tom as he explores the myriad benefits of adopting proven frameworks like EOS, Rockefeller Habits, Business Made Simple, OKRs, Lean Manufacturing, and Open Book Management.Every business inherently operates on some form of operating system, whether consciously crafted or organically evolved. However, the key lies in adopting a structured BOS to drive performance, set goals, monitor progress, and achieve results effectively. These systems provide a framework for accountability, ensuring alignment with organizational objectives and fostering a culture of continuous improvement.With an array of BOS options available, Tom suggests exploring renowned methodologies outlined in influential books by thought leaders like Gino Wickman, Verne Harnish, Donald Miller, John Doerr, James P. Womack, Daniel T. Jones, and Jack Stack. While each system may have its unique elements, they all share a common goal of enhancing organizational efficiency and maximizing business value.CONNECT WITH TOMFacebook: https://www.facebook.com/masterypartnersLinkedIn: https://www.linkedin.com/in/tom-bronson/Website: https://www.masterypartners.com/Please be sure to like and follow for more great content to help YOU maximize YOUR business value!Tom Bronson is a serial entrepreneur and business owner. He is currently the founder and President of Mastery Partners, Mastery Mergers & Acquisitions, and the Business Transition Summit. All three companies empower business owners to maximize business value and serve business owners in different capacities to help them achieve their dream exit. As a business owner, Tom has been in your situation a hundred times and knows what it takes to craft the right strategy. Bronson is passionate about helping business owners and has the experience to do it. Tom has two books to help business owners on their journey to a dream exit: "Maximize Business Value Playbook," (2023), and "Maximize Business Value, Begin with the EXIT in Mind," (2020). Both are available on Amazon. ...
We're back with another selection for The Good Food CFO Book Club! The Great Game of Business written by Jack Stack and Bo Burlingham, is a documentation and story telling of how SRC Holdings Corporation was approaching business differently. SRC wasn't run in the traditional top-down way most other companies are. They practiced what Jack calls “Open Book Management” and found success playing “The Great Game of Business”. The result was that they built a repeatable system that enabled their associates to run the company and even branch off to build a new arm of the business. In this episode you'll hear what I took away from this book, including: How to communicate to your team about the big picture, and what you are trying to accomplish What it means to operate under Open Book Management Creating the game plan, setting the right goals, and getting buy-in from the team The tools and resources you can use to support all of this work You can read along with us, get your copy of The Great Game of Business from our BookShop today! From Our News Segment: The Food System is Having a Big Screen Moment - Civil Eats Stay Connected! Instagram: @TheGoodFoodCFOYouTube: @thegoodfoodcfo Join us in The Good Food CFO Community
Looking to take your remodeling business to the next level? In this episode of the podcast, Kyle Hunt interviews Aaron about his implementation of the "Great Game of Business" concept in his business. This multifaceted approach focuses on giving teams an inside peek at financials and involves setting a target everyone can work towards. Aaron shares his experience learning about the concept, as well as how hiring a coach, helped him through the implementation process. Tune in to learn how open-book management can be rolled out to increase transparency and involvement in your business! ----- To explore more resources tailored specifically for remodelers, be sure to visit RemodelersOnTheRise.com, where you'll find a wealth of knowledge and support to further enhance your remodeling business!
On this episode, Dan and Donnie debate the merits of open book management for pest control companies. They discuss the benefits, including transparency, engagement and informed decision-making, as well as the drawbacks and challenges of this approach. Hosts: Dan Gordon, PCO Bookkeepers & M&A Specialists Donnie Shelton, Triangle Home Services
At some point in time you, as a brewery owner, realize that whether it's a few years or 10+ years away, you won't be involved in the business forever. Every day you think about how to set up your business for a successful exit that's good for all stakeholders – employees, customers, other investors, and you. One day you discover open-book management and its potential to grow your people and your business at the same time. Because of that you begin implementing what is really a people operating system where your employees think, act, and feel like owners. Because of that your business develops an ownership culture with increased trust and high employee engagement along with the positive financial impacts of consistent performance and profit growth. Until finally your brewery is a business of business people and you can feel confident exiting when the time is right for you. When companies want an ownership culture that includes trust and engagement along with positive financial impact, Larry helps them make it happen. He coaches them in building an Open-Book Management system. In reality, it's a people operating system that leads to growth for both individuals and the business. Prior to being a Great Game of Business Certified Coach®, Larry was a professional brewer for 23 years. He's been a frequent speaker at the Craft Brewers Conference including a panel discussion of brewpubs using open-book management. He served on the Brewers Association Board of Directors from 2013-2021. During 6 of those years he was the Board Treasurer and chair of the BA Finance Committee. Beyond beer and business coaching you'll find him vying for ""Dog Dad of the Year"" and filling Chief Support Officer duties for his wife's professional speaking business. Join us in-person for CBP Connects | Half workshop, half networking Milwaukee, WI | June 19-21, 2023 Grab your spot now at https://www.eventbrite.com/e/cbp-connects-milwaukee-presented-by-arryved-pos-june-19-21-2023-tickets-420534529097
This is the second episode with Seamwork owner, Sarai Mitnick. In this one Sarai shares the fascinating story of how Seamwork became B-corp certified, and her motivations for going through that challenging process. And Sarai offers up insights and ideas for making your sewing process more intentional that you can apply today. Support the podcast over on Patreon! Sarai is the founder and owner of the Seamwork community and pattern company. You can download the Seamwork Wardrobe Planner for free. Learn more about the B-corp certification process for businesses. Sarai was inspired, in different ways, by the following books: ‘Growing a Business' by Paul Hawken ‘The Great Game of Business: Unlocking the Power and Profitability of Open-Book Management' by Jack Stack ‘Conscious Capitalism: Liberating the Heroic Spirit of Business' by John Mackey The Seamwork team is making a quilt from scraps for Project Linus. Sarai uses Milanote to create digital vision boards. Did you know that Seamwork has a YouTube channel?
Bo Burlingham's work has had a huge impact on my work at Hospitality Mavericks. He is the author of notable books such as ‘Small Giants' and ‘The Great Game of Business'. Currently a contributor to Forbes, Bo previously worked at Inc. magazine for over 30 years as senior editor, executive editor, and editor at large. It's a great honour to have Bo on the show. This interview will be shared with you in two parts – join me in part one as we delve into his early days of writing, working with Jack Stack's revolutionary system of Open-Book Management, what inspired Bo to write ‘The Great Game of Business', and so much more. Links: Get your FREE copy of the white paper of ‘The Six Tenets of Agile Hospitality - 6 Tenets Every Leader Needs to Survive and Thrive in the New Era of Hospitality': https://www.bizimply.com/resources/the-6-tenets-of-hospitality/ (https://www.bizimply.com/resources/the-6-tenets-of-hospitality/) ‘Small Giants' by Bo Burlingham: https://www.amazon.com/gp/product/B010N18JVC (https://www.amazon.com/gp/product/B010N18JVC) ‘The Great Game of Business' by Bo Burlingham and Jack Stack: https://www.amazon.com/dp/0385348339 (https://www.amazon.com/dp/0385348339) ‘Finishing Big' by Bo Burlingham: https://www.amazon.com/gp/product/B00FZCJQVC/ (https://www.amazon.com/gp/product/B00FZCJQVC/) Union Square Hospitality Group: https://www.ushg.com/ (https://www.ushg.com/) ‘Setting the Table' by Danny Meyer: https://www.amazon.com/dp/0060742763 (https://www.amazon.com/dp/0060742763) Zingerman's: https://www.zingermans.com/ (https://www.zingermans.com/) The Coolest Small Company in America | Inc.com: https://www.inc.com/magazine/20030101/25036.html (https://www.inc.com/magazine/20030101/25036.html) #180 The Six Tenets of Agile Hospitality: https://www.hospitalitymavericks.com/180-the-six-tenets-of-agile-hospitality/ (https://www.hospitalitymavericks.com/180-the-six-tenets-of-agile-hospitality/) Hospitality and The Infinite Game #007: Small Giants: https://www.hospitalitymavericks.com/hospitality-and-the-infinite-game-007-small-giants/ (https://www.hospitalitymavericks.com/hospitality-and-the-infinite-game-007-small-giants/) Connect with the podcast: https://colossal-designer-2784.ck.page/40ada1483a (Join the Hospitality Mavericks newsletter): https://rb.gy/5rqyeq (https://rb.gy/5rqyeq) A big thank you to our sponsor Bizimply who are helping progressive leaders and operators making every shift run like clockwork. Head to our website at https://www.bizimply.com/?utm_source=partner&utm_medium=referral&utm_campaign=mavericks (www.bizimply.com) or email them directly at advice@bizimply.com.
Today we are joined by Ken Hochkeppel. He is the principal consultant with Enterprise Analysis having years of experience in a variety of aspects of businesses and has now worked with dozens of companies across the country providing council and coaching in the green industry and contractor trade sectors. We talk open book management structure among many other topics on today's episode. Sponsors: Cycle CPA --- Send in a voice message: https://anchor.fm/howtohardscape/message
There is no doubt that ‘Culture' is a hot topic in business. But what even is it? How do you change a culture? How long does it take to change? In this episode David quizzes Michael with these questions (and many more). We review the ultimate equation of ‘Beliefs x Behaviour = Culture'. Whether you're a company of one or 100,000 – culture exists in every business, so you need to know whether your culture is built by neglect or conscious intent. Tune in to this episode as we discuss rewarding good behaviour, performance culture, and some examples of amazing companies that have stood by their culture. Resources mentioned: https://www.hospitalitymavericks.com/163-ari-weinzweig-ceo-of-zingermans-community-of-businesses-on-visioning-and-the-myth-of-the-one-thing/ (#163 Ari Weinzweig, CEO of Zingerman's Community of Businesses, on Visioning and the Myth of the One Thing) https://www.hospitalitymavericks.com/160-paul-hargreaves-founder-and-ceo-at-cotswold-fayre-on-b-corps-and-being-a-force-for-good/ (#160 Paul Hargreaves, Founder and CEO at Cotswold Fayre, on B Corps and Being a Force For Good) https://www.hospitalitymavericks.com/144-monika-linton-founder-of-brindisa-on-open-book-management/ (#144 Monika Linton, Founder of Brindisa, on Open-Book Management) https://www.netflix.com/title/80203144 (The Last Dance | Netflix) https://www.zingermanscommunity.com/ (Zingerman's) https://www.brindisakitchens.com/ (Brindisa Kitchens) https://www.honestburgers.co.uk/ (Honest Burgers) https://www.pizzapilgrims.co.uk/ (Pizza Pilgrims) https://www.amazon.co.uk/Good-Great-Jim-Collins/dp/0712676090 (‘Good To Great' by Jim Collins) https://www.hospitalitymavericks.com/hospitality-and-the-infinite-game-009-net-positive/ (Hospitality and The Infinite Game #009: Net Positive) https://www.hospitalitymavericks.com/hospitality-and-the-infinite-game-001-long-term-thinking/ (Hospitality and The Infinite Game #001: Long-term Thinking) https://shop.zingtrain.com/collections/pamphlets/products/secret-1-twelve-natural-laws-of-building-a-great-business (Twelve Natural Laws Of Building A Great Business) https://www.amazon.co.uk/Culture-Code-Secrets-Highly-Successful/dp/1847941265 (‘The Culture Code' by Daniel Coyle) https://www.amazon.co.uk/Service-Profit-Chain-Companies-Satisfaction/dp/0684832569 (‘The Service Profit Chain' by W. Earl Sasser Jr., Leonard Schlesinger and James Heskett) Get in touch: Michael's Email: michael@hospitalitymavericks.com David's Email: david@objectspaceplace.com Michael's LinkedIn: https://www.linkedin.com/in/michaeltingsager/ (https://www.linkedin.com/in/michaeltingsager/) David's LinkedIn: https://www.linkedin.com/in/davidchenery-sustainablehospitalitydesign/ (https://www.linkedin.com/in/davidchenery-sustainablehospitalitydesign/) We have been recording this from a brand new podcast suite at Plus X Innovation Hub on Lewes Road in Brighton. This place is an awesome seven-storey Innovation Hub for creative and innovative entrepreneurs. It's got media suites for creating content like podcasts, it's got maker workshops for prototyping including a 3D printing farm, plus it's got plenty of co-working and office space. They've also just launched an Innovation support programme for businesses called BRITE which you can check out at http://www.briteinnovation.co.uk (www.briteinnovation.co.uk). This podcast uses the following third-party services for analysis: Podcorn - https://podcorn.com/privacy Chartable - https://chartable.com/privacy
Coming clean. Opening up. Seeing right through. Today, we're talking all things transparent in the food world. From restaurateurs shaking things up with radical financial disclosure, to an enchanting clear dessert, our stories today explore the many meanings of transparency. What can we learn when we've got nothing to hide?Further Reading and Listening:You can learn more about Irene Li's latest venture, Prepshift, which aims to improve transparency around restaurant hiring, training, and regulatory compliance here! You can also find more information there about bringing open book management to restaurants. And there's always Mei Mei Dumplings.Listen to What Doesn't Kill You episode 194: What Is Really In That Packaging? Mike Schade Reviews the State of Food Packaging and How It Affects Our Health and the Environment.Find out how your favorite retailers rank on the toxic chemical Report Card on the Safer Chemicals Happy Families Website. To learn more about raindrop cakes and their history here or here …or here or here!Keep Meat and Three on the air: become an HRN Member today! Go to heritageradionetwork.org/donate. Meat and Three is powered by Simplecast.
Today we talk about open book management with Larry Chase. Larry served for eight years on the brewer's association board of directors on the finance committee and as treasurer. Larry's passion is to show brewery managers and employees how their role impacts the financial success of the business. Key TopicsHow to build a culture of ownershipKeys to high involvement planningTactics to create consistent financial results in your businessLarry's favorite industry publicationsResourcesConnect with Larry ChaseLearn more about the Brewery Open Book Management CourseSign up for the brewery financial training newsletter
Success stories aren't built overnight. They are a result of hard work, effort, patience, and a lot of failures. Listen to Mike Otis as he dives deep into his entrepreneurial journey. Mike, Founder of Double O, Inc., has been a practitioner and fan of Entrepreneurial Operating System (EOS), Open Book Management, and Entrepreneurs' Organization during his career as founder of four Companies (there's a 5th in the works). He is currently fighting cancer with ferocious grace and dignity. Tune in for in-depth insights on leadership, setting objectives, and organizational growth.
CBP Stories showcase individual members who have an inspiring story to tell. When companies want an ownership culture that includes trust and engagement along with positive financial impact, Larry Chase helps them make it happen. He coaches them in building an Open-Book Management system. In reality, it's a people operating system that leads to growth for both individuals and the business. Prior to being a Great Game of Business Certified Coach®, Larry was a professional brewer for 23 years. He's been a frequent speaker at the Craft Brewers Conference and served on the Brewers Association Board of Directors from 2013-2021. During 6 of those years he was the Board Treasurer and chair of the BA Finance Committee. Beyond beer and business coaching you'll find him vying for "Dog Dad of the Year" and filling Chief Support Officer duties for his wife's professional speaking business. Join us in-person for CBP Connects | Half workshop, half networking St. Louis, MO | June 20-22, 2022 Learn more at https://cbpconnects-stlouis.eventbrite.com/
This week's episode of the Maximize Business Value podcast features Randy Haram, Founder of Normandy Capital! Randy, also known as The Business Crusader, is a member of the 17% club with valuable insights on preparing for your exit today! Join Tom & Randy as they discuss exiting, what it's like to actually go through an exit, and what you can do to prepare NOW! As the former CEO of successful aerospace company Texas Air Composites, Randy Haran (also known as The Business Crusader) is able to utilize his unique professional insight and hard-won credentials to inspire and mentor newly minted entrepreneurs. As a firm believer of Open Book Management and "The Great Game of Business", Randy is a sought after speaker and resource who is focused on guiding entrepreneurs towards their goals of profitability and positive business culture. He launched Penny Strategies in 2017, a management consultancy that teaches entrepreneurs how to adopt a forward-focused outlook toward earnings and growth, while embracing a culture of ownership that allows all employees to have a stake in the outcome. With concentrated advising, coaching and fractional executive leadership in business growth matters as well as short- and long-term financial planning, forecasting, and contingency planning, the Penny Strategies team is built for the entrepreneur who is scaling their business and/or positioning for a liquidity event. Tom Bronson is the founder and President of Mastery Partners, a company that helps business owners maximize business value, design exit strategy, and transition their business on their terms. Mastery utilizes proven techniques and strategies that dramatically improve business value that was developed during Tom's career 100 business transactions as either a business buyer or seller. As a business owner himself, he has been in your situation a hundred times, and he knows what it takes to craft the right strategy. Bronson is passionate about helping business owners and has the experience to do it. Want to chat more or think Tom can help you? Reach out at tom@masterypartners.com or check out his book, Maximize Business Value, Begin with The Exit in Mind (2020).Mastery Partners, where our mission is to equip business owners to Maximize Business Value so they can transition their business on their terms. Our mission was born from the lessons we've learned from over 100 business transactions, which fuels our desire to share our experiences and wisdom so you can succeed.
The pros and cons of open book management
Jem and Justin chat about custom job shop work vs products, their Airtable ERPs, Justin's brain-dead YCM mill, and consider Profit Sharing and more in the first episode. DISCUSSED: ✍️ https://airtable.com/shrEkEhhW3PgXF1zM?&prefill_Episode=1%20-%20Jem%20and%20the%20Robots (Send us Episode Comments) Please note: Show notes contains affiliate links. Jem: Custom jobs Grasshopper for quoting, now Airtable Link Index https://workflowy.com (Workflowy) https://dept.parts/airtable-invite (Airtable) - Overall view Technique Base Single dump as records then filter with views ERPs https://portlandcnc.com/blog/2022/02/cnc-training (PDXCNC Training courses) Job Shop Work and Challenges Manufacturing Consulting / Product Development Sales Internal drive vs external input Internal products are more predictable External richness - Learn a process from a client's job Time Tracking - Xero Projects Quote vs Actual Why are we time tracking? “How much time” Open Book Management - open finances Team Investment / Profit sharing? Microphone Stand? Jem's Quarterly Walk - “Review” 1 on 1 Jem Rebuilding Shopify Theme SUPPORT THE SHOW https://dept.parts/review (Review on Apple Podcast) Share with a Friend Show Info https://dept.parts (Show Website) https://dept.parts/contact (Contact Jem & Justin) https://dept.parts/tiktok (Tiktok) | https://dept.parts/youtube (Youtube) HOSTS Jem Freeman Castlemaine, Victoria, Australia https://likebutter.com.au?ref=pd-episode-bio (Like Butter) https://linktr.ee/likebutter (More Links) Justin Brouillette Portland, Oregon, USA https://portlandcnc.com?ref=pd-episode-bio (PDX CNC) https://shop.nack.is?ref=pd-episode-bio (Nack) https://pdxc.co/link (More Links)
Dan Pilone is the CEO and co-founder of Element84, a software engineering company focused on building geospatial solutions at scale. We touch on Dan's experience working on geospatial software engineer problems and how those have changed over the past decade. We discuss the work Element84 has done to contribute to AWS's Open Data program, as well the journey of co-founding a company with Dan's wife Tracey, and how they're thinking of growth through a people-focused mindset.---Find previous episodes and other show notes at mindsbehindmaps.comIf you'd like to help support the podcast, please consider leaving a review directly on the website, or on Apple Podcast. This helps showcase the value of the podcast when reaching out to new potential guests. ---About Dan:LinkedInTwitterElement84 website Time-stamps:03:16 - Conversation starts, Dan present himself07:03 - Presenting Element8409:33 - Element84's early days - Moving towards geospatial over time12:16 - Problems change over time16:15 - Scale changes too20:48 - Contributing to Amazon's Open Data Registry26:16 - Making Sentinel data more accessible34:30 - Getting nerdy: What do Dask & Xarray mean for the future of geospatial data processing40:16 - Moving towards more layers of abstraction41:52 - Business model behind different open data contributions45:11 - A game theory approach to Open Source50:28 - The Openness of Geospatial compared to other fields56:16 - Co-founding a company as a couple1:04:21 - Preventing people “careering out” of the company1:11:19 - People-focus growth1:16:58 - Element84's hiring process1:21:14 - Changing culture as the company grows1:27:54 - How Dan's role has changed over the years1:30:47 - The relevance (or not) of keeping a foot in the code as a CEO1:33:29 - Opportunity cost from Dan's point of view1:36:34 - Book & podcast recommendations Show notes:Earth SearchBook & podcast recommendation:Great game of business Unlocking the Power and Profitability of Open-Book Management by Jack Stack, Bo BurlinghamDear White Friend: The Realities of Race, the Power of Relationships and Our Path to Equity by Melvin J. Gravely IIFour Thousand Weeks: Time Management for Mortals by Oliver BurkemanManager Tools podcastTugboat GroupInterview with Dan & his wife Tracey on co-founding Element84 together Please feel free to reach out!My TwitterFor news about the podcastWebsite
Brindisa has been the home of Spanish food in the UK for over 30 years. It was set up by Monika Linton in the 1980s to share her love for quality Spanish produce to the UK, and her aim has always been to bring excellent food and ingredients from the most remote parts of Spain to Britain and to champion selected smaller producers and their skills. It was amazing to learn how she structures her business with 120 employees through open-book management. We explore working with small producers, growing your business in the right directions, the power of having an HR department, and eating strange foods as a child. Links: #114 Ari Weinzweig, Co-Founder of Zingerman's, on Self-Leadership: https://hospitality-mavericks.captivate.fm/episode/114 (https://hospitality-mavericks.captivate.fm/episode/114) ‘The Great Game of Business' by Bo Burlingham and Jack Stack: https://www.amazon.com/dp/0385348339 (https://www.amazon.com/dp/0385348339) ‘The Greens Cookbook' by Deborah Madison: https://www.amazon.com/dp/0553051954 (https://www.amazon.com/dp/0553051954) ‘Brindisa: The True Food of Spain' by Monika Linton: https://www.amazon.com/dp/0008244170/ (https://www.amazon.com/dp/0008244170/) #56 Heartfelt Hospitality with Neena Jivraj Stevenson, Chief Cultural Officer of Point A Hotels: https://hospitality-mavericks.captivate.fm/episode/heartfelt-hospitality-with-neena-jivraj-stevenson (https://hospitality-mavericks.captivate.fm/episode/heartfelt-hospitality-with-neena-jivraj-stevenson) Brindisa: https://brindisa.com/ (https://brindisa.com/) Brindisa Kitchens: https://www.brindisakitchens.com/ (https://www.brindisakitchens.com/) Monika's LinkedIn: https://www.linkedin.com/in/monika-linton-9ab22b3/ (https://www.linkedin.com/in/monika-linton-9ab22b3/) Monika's Instagram: https://www.instagram.com/brindisa_monika/ (https://www.instagram.com/brindisa_monika/) Connect with the podcast: https://colossal-designer-2784.ck.page/40ada1483a (Join the Hospitality Mavericks newsletter): https://rb.gy/5rqyeq (https://rb.gy/5rqyeq) A big thank you to our sponsor Bizimply who are helping progressive leaders and operators making every shift run like clockwork. Head to our website at https://www.bizimply.com/?utm_source=partner&utm_medium=referral&utm_campaign=mavericks (www.bizimply.com) or email them directly at advice@bizimply.com. This podcast uses the following third-party services for analysis: Podcorn - https://podcorn.com/privacy Chartable - https://chartable.com/privacy
Graduate of Plymouth State College (NH) Started Swazy Alexander Landscaping in 2004 part time and went full time in 2005. Rebranded our Fertilization division as Green Sphere, Turf, Trees, Ticks in 2016 with an organic focus. Our Tick and Mosquito control has been 100% organic for 8 years. We have an exclusive deal with Bee Safe to offer their organic lawn care products on the North Shore. Our traditional fertilization program has eliminated all synthetic fertilizers, uses fully organic products for most of the steps while providing the control products for insects and weeds. We offer: Property Care Fertilization Enhancements Snow Removal We are an Open Book Management company and run the Traction (EOS) model to manage the business. We have 24 employees Our 10 year goal is To have a culture of empowerment allowing us to be the best in our local market with 20% Net profits. We are on year 3 of this goal and on track to achieve it. Green Sphere Training was founded (officially) in early 2022. Our goal is to bring an app to market to simplify training fertilization technicians and increase upsell. I have been married 15 years and we have 2 boys, 14/13. We spend a lot of time mountain biking, hiking, and skiing as a family and are currently renovating a house in Vermont to do more of these!
As a business owner, do you want more engagement from your employees? Well, if you're not sharing the financials of the business with your employees, you're going to be banging your head against the wall. Doug McDuff, President of Landscape America, is here to share Open Book Management and how its four simple steps can reap great rewards. Learn how to get employees more engaged and focused on a goal, not getting hung up on the negatives and how to use transparency as a powerful tool in your business. Takeaways: Although it may seem scary, there a many benefits that come from sharing the financials of the business with your employees. Chief among those is getting more engagement from employees and communicating that business is team sport. Open Book Management is a great concept that promotes transparency and maximizes engagement. There are 4 steps to reaching Open Book: 1. Define Winning; 2. Create a Scoreboard; 3. Make a Bonus Plan; 4. Forecast and Drive Results. To define winning for your company, think about a metric that you can track and set a goal for it, that if reached, constitutes a win. Make sure everyone can understand the metric and how to reachthe goal. An example metric could be Gross Profit. Create a scoreboard for tracking that metric and make sure it is visible and shared with everyone. The bonus plan should be tied to reaching the metric on the scoreboard. Everyone should be able to see what bonus they can earn if the business achieves the metric goal. Forecast weekly for each of the company's sales buckets. Don't get stuck on only looking at past performance, by looking forward and forecasting you can make adjustments to the plan and then try to hit the new goals. Avoid getting hung up on only the negatives of the business, it's important to look at the positive and what's going well. When things are going poorly, everyone will know from the scoreboard, so keep other communication channels positive! Recommended Books & Podcasts Shoe Dog by Phil Knight EO 360 (Podcast) Growing in the Green Industry (Podcast) Quote of the Show “When the employees are engaged, they're making decisions on a daily basis that, that do affect the profitability.” - Doug McDuff Links: LinkedIn: linkedin.com/in/doug-mcduff-5110a01b Website: landscapeamerica.com Email: dmcduff@landscapeamerica.com Shout Outs: Dan Foley - Business Coach specializing in Open Book Management Jocko Willink David Goggins Entrpreneurs Organization (EO) Blue Hills Business Group Massachusetts Landscape Professionals Ways to Tune In: Apple Podcast - https://podcasts.apple.com/us/podcast/leadership-in-action/id1585042233 Spotify - https://open.spotify.com/show/2t4Ksk4TwmZ6MSfAHXGkJI Stitcher - https://www.stitcher.com/show/leadership-in-action Google Play - https://podcasts.google.com/feed/aHR0cHM6Ly93d3cubGVhZGVyc2hpcGluYWN0aW9uLmxpdmUvZmVlZC54bWw Amazon Music - https://music.amazon.com/podcasts/4263fd02-8c9b-495e-bd31-2e5aef21ff6b/leadership-in-action YouTube - https://youtu.be/bvyONWQKsNw
Welcome to the first Hospo Reset podcast. My guest is James O'Connell of the Hospitality Company. He's based in Christchurch New Zealand and is constantly watching out for and coaching in best-practice hospitality management. He's leading the way with the very important principle we are going to talk about today - Open Book Management.You'll find the Show Notes and links for today's episode on the HospoReset.com website. Don't forget to subscribe to the weekly Hospo Reset newsletter, and connect with Ken Burgin on Linkedin and on Twitter.
Have you ever wondered how you can get your staff energized and highly invested in the success of your business? This is one of the struggles that a lot of coffee shop owners have. Turns out the best solution for this challenge is to give your staff a real stake in the outcomes of the business and trust them like partners. Today we will be exploring Open Book Management and The Great Game operating system with Great Game coach and trainer, Larry Chase! Since 1997 Larry Chase has been a craft brewer leading teams at some of the nations best breweries. All along the way he has studied finance eventually becoming a long time board member of the Brewers Association as the Treasurer and Finance Chair. His career has taught him how to break down complex topics into simple terms to train bring understanding to staff. He is now taking his decades of experience in both finance and leadership and helping businesses achieve success through Open Book Management as a Great Game of Business coach. On today's show we will be talking with Larry about this operating system and it power to involve, activate, and engage staff in impacting the core financial levers of your business. I find this way of management very promising for coffee shops and Larry does a masterful job of walking us through the what, why, and how of Larry teaches, supports and coaches businesses wanting to build a lasting healthy culture and empower employees to make positive financial impacts on the business. We Cover: Open book reporting vs Open Book Management Creating great work cultures What makes up OBM? Tapping into peoples desire to learn Financial literacy Unlocking employee innovation Line of sight to impact the business The importance of reward Servant leadership How to take the first steps The learning curve of implementation Involving others Links: www.greatgame.com Larry Chase email: lrjchase@gmail.com Related Episodes: 302 : Data's Roll in the Success of your Shop w/ Mark Calhoun and Jim Strarcev of Perfect Cube 009 : How to Approach Data and Metrics w/ Simon Ouderkirk : Simon shows us how we should be thinking of numbers and their relation to our shops, baristas, and businesses 304 : Inside the Coffee Data Trends Breakout Report w/ Katie Von Der Lieth of the SCA Visit our amazing Sponsors! www.prima-coffee.com/keys www.pacficfoodservice.com www.coffeefest.com
Steve Baker is an author, speaker, and Vice President of The Great Game of Business, a management consulting firm that's all about action. Steve spent over 20 years struggling to help company owners reach their goals without access to key business metrics. Learning the principles of this game we call business changed his work and inspired him to co-write the updated, best-selling book, The Great Game of Business. In this episode… Are you losing money and morale among your employees? Are you constantly stressed because you're the only one in your company dealing with your financial situation? Do you wish there was a way to spread the workload and boost transparency? Author, speaker, and Vice President of The Great Game of Business, Steve Baker, shares the revolutionary idea of open-book management. Steve sits down with host, Todd Taskey, to discuss why teaching your employees the fundamentals of business will boost their involvement and work ethic, how to begin implementing principles from the book, The Great Game of Business, and why a clear picture of your financial situation is essential during a transaction.
Since Zingerman's first opened its doors in 1982, it has become an institution in Ann Arbor, Michigan. On the surface, it's a collection of food-related businesses, each with its own specialty, all located in the Ann Arbor area. But dig a little deeper and you'll realize that Zingerman's is an incredibly unique business. Named “The Coolest Small Business in America” by Inc Magazine, it was the inspiration behind Bo Burlingham's book Small Giants. In this episode, Zingerman's co-founder Ari Weinzweig shares how its commitment to sharing as much information as possible with everyone in the organization has helped its community of businesses to thrive.This podcast is produced by Buffer, an affordable and intuitive social media marketing software used by over 160,000 small businesses to build their brand on social media.
Brett Logan is the owner and president of Immaculate Flight, an aircraft cleaning and detailing company working with private owners, flight departments, commercial carriers, and government fleets. Brett was the person who got Joe into private aviation and they discussed his journey on the pod. As a kid on family vacations in Harbor Springs, he would sometimes sit for hours at the end of the runway to watch planes come in. In 2005, he and a partner began Immaculate Flight. Brett shares the story about how he and his wife Lynne had a six-month-old child and used financial support from his wife's job to begin his entrepreneurship journey. Brett took over full ownership in 2009, and the company has grown to 200+ employees in over ten states. A huge proponent of private airlines, he shared that commercial airliners can get into approximately 500 airports, while private aircraft can access about 5,000 airports. He and his wife Lynne have been together since they were 15 and had three children Zachary, Nicholas, and Claire. That six-month-old they had when they started the business is now 17. The family has been traveling together, intending to see all 50 states, and only have ten more to go. To connect with Brett Logan, drop him an email. Visit the YPO West Michigan Website for more information about how to become a member. (2:41) - What attracted Brett to YPO and his first year's experience (4:00) - Brett's career background and founding Immaculate Flight (6:17) - Immaculate Flight (7:01) - Who'd be an ideal customer for the organization? (7:33) - The private aviation industry (8:25) - How has private aviation affected your life? Questions from Sam, Brett's Pilot (9:54) - The Chicken Wing Speech (10:58) - Brett's failed housing investment during '08 crisis (13:02) - Brett's management style and lessons learned (14:23) - Open Book Management (16:48) - Funny things found on planes at Immaculate (18:30) - Commercial airliners can get into 500 airports vs. 10,000 airports for private aviation, is that accurate? (19:03) - Brett's family (23:00) - Did you have a childhood memory that was impactful on your future career? (25:00) - Do you have any asks for the audience or other YPO members? (27:30) - How can people get started in flying? (29:28) - Wrap Up Joe Talks YPO is produced by Johnny Peterson & Straight Up Podcasts
In recognition of ESOPtober, we pulled from the vault, a recording of Rob Zicaro, former frontline employee at Web industries. Rob is now an ESOP Crusader spreading the word on employee ownership. In this speech at a past Great Game of Business Conference, Rob talked about open-book management through the eyes of an employee owner, and he shared a clip from the 1990s when he addressed President Clinton about ESOP companies.
Today we'll talk about one of my favorite topics: Open Book Management (OBM). OBM is a system to share financial information with everyone in the brewery. It's about open, honest and transparent communication. And it's a great way to engage and empower employees. Topics CoveredWhat open book is...and What it isn't...Why you might consider OBM How to evaluate if it's right for your businessSteps to put OBM into practiceMy 3 Favorite OBM books...ResourcesBrewery Open Book Management CourseSign Up for the FREE and World Famous Craft Brewery Financial Training Newsletter
Welcome to episode 5 of The Automate & Delegate Podcast! Thank you so much for coming and attending this episode of the Automate and Delegate Podcast, where we are talking all about fast, portable and flexible ways to grow your life, your business and relationships. I am your host, Brad Stevens and today I am super excited to be joined by Todd Palmer. Todd Palmer is an executive coach at Extraordinary Advisors, keynote speaker, and author of From Suck to Success: A Guide to Extraordinary Entrepreneurship. Todd is committed to helping business owners tackle their obstacles and clear their path to success. As an entrepreneur and an active CEO, Todd knows the struggles business owners face regarding people, cash strategy, and execution. He took his company from 600 Grand in debts to making it into an INC 5000 list, as one of America's fastest-growing companies. In this episode, Todd shares the strategies he used to address the three major challenges he faced on his road to success. He also shares tools and resources that were crucial for his growth from debts to making profits. Tune in to listen to these and more topics.Timestamps[01:20] Todd's big purpose in what he does[03:18] Swimming in debts[04:30]Challenge #1: Imposter syndrome[08:58] Challenge #2: COVID-19[12:55] Challenge #3: Operating in vacuum[16:23] One critical skill for entrepreneurs[19:14] The power of active listeningTodd says his biggest purpose in what he's doing right now is to improve people's lives. He shares some of the challenges he has ever faced as an entrepreneur and how he addressed them. He says the biggest challenge was imposter syndrome. Todd never felt he deserved his success. He never owned the success but owned his failures. To solve this, he decided to work on himself and hired a coach to help him see purpose in his life.Another big challenge Todd faced was COVID-19. With its impacts felt in almost every industry, COVID-19 was also a threat to his business. But quickly realizing that COVID-19 “happened for us, not to us,” was key in navigating and finding opportunities amidst the pandemic.One final challenge Todd faced is operating in Vacuum. However, he was able to overcome this with the help of Jack Stack's book, The Great Game Of Business, open-book management. He says he doubled down on using Jack Stack's tools extensively and overcame this challenge.He says there's one critical skill that all entrepreneurs should have to succeed. “The best leaders I have ever interacted with are the ones who ask the best questions, and practice the most active listening.” Links and Resources Connect With Todd PalmerWebsite: https://extraordinaryadvisors.com/LinkedIn: https://www.linkedin.com/in/toddpalmer1/YouTube: https://www.youtube.com/channel/UCswsalTqVuynCKv1rwCyJfQMentioned ResourcesLiving Well From Within YouTube Channel https://www.youtube.com/channel/UCcPn9PIGkEe5fWDOEIMB8yQ/featuredThe Great Game of Business: Unlocking the Power and Profitability of Open-Book Management https://www.amazon.com/Great-Game-Business-Expanded-Updated/dp/0385348339 Don't forget to check out this week's featured tool for entrepreneurs below! At Grain, we believe that human connectedness begins by actively listening to others with the intent to share understanding with them. If it were as easy to capture, copy, and share important moments from live conversations as it is to type a message, we could connect more easily to the message instead of being distracted by the messenger. So this is exactly what we decided to build and we're just getting started. Visit https://automatedelegate.com/tools/ for more tools featured on this podcast.
Open book management is a system to communicate the numbers of your brewery business and engage employees to improve financial results. In today's podcast, we talk about Open Book Management (OBM) with Audra Gaiziunas from Brewed for Her Ledger. In the podcast, Audra and I cover a wide range of topics including: The major benefits of OBM, mistakes to avoid, sharing financial information, key metrics, critical numbers, and much more.There are many details involved in an Open Book Management system, but Audra and I agree that these are the keys to success... 3 Keys to OBM SuccessFinancial literacy trainingBonus programFinancial reporting and forecastingResourcesGet in touch with Audra - Accounting, Finance, Operations Strategy For The Beer Industry. Helping You Understand The Numbers Behind The Beer.Check out the Brewery Open Book Management Online CourseSign Up for the Free and World-Famous Craft Brewery Financial Training Newsletter
This week on Tempered Leadership my special guest is Kevin Walter one of the co-founders of Tasty Catering in Elk Grove Village Illinois. Kevin is an Open Book Management coach with The Great Game of Business and he shares some wisdom about how open book built their culture and has helped them survive an 80% revenue loss during the covid crisis. It's been a fascinating and educational journey from hot dog stand to one of the top catering companies in the world. Please join me for another session on leadership lessons. --- Support this podcast: https://podcasters.spotify.com/pod/show/tempered-leadership/support
Today we talk about open book management for craft breweries. Open book management (OBM) is a system where financial information is shared with employees so that they can make better decisions.Better decisions lead to better financial outcomes, and better financial outcomes lead to a stronger brewery business for everyone.In this podcast we dig into the Evaluation Stage of open book management. We talk about what open book management is, and what it is not. We cover the key things you should consider to determine if OBM is right for your brewery. And we review three books which are required reading if you want to implement OBM in your business. Resources + ToolsLearn more about the Online Course: Open Book Management for Craft BreweriesSign up for the World Famous and Free Craft Brewery Financial Training Newsletter
In the second episode of the four-part series Culture Eats ABM for Breakfast, husband-wife duo Michael and Nikole Rose give us insight into implementing real, living business transparency. Mojo Media Labs has seen a lot of change in the last handful of years, but Nikole (President/COO) and Michael (CEO) have identified common threads that bring it all together. In this episode, they cover: Cultivating a culture of owners Rolling out open-book management Budgeting and forecasting To listen to this episode and many more like it, subscribe to #FlipMyFunnel on Apple Podcasts. Or, listen via our website.
In this episode with Mason Ayer, we discuss: The power of just being nice. Having a business partner that compliments you well. Being open minded when hiring your team. How having a background in law has helped Ayer's restaurant career. Creating systems in your life to be proactive. The importance of regular exercise, meditation, and sleep. The a risk of losing control of your brand when franchising and chasing fast growth. What Ayer didn't enjoy about being a lawyer. How Ayer transformed from lawyer to restaurateur. With multiple locations, struggle and importance of keeping the brand unified. How to wash yourself of the people who don't match the new culture you're creating. Creating systems and layers of financial accountabilities. The benefits of open-book management. Letting your managers have equity in the business. The danger in being TOO trusting. Having a close group of leaders and like-minded individuals you can share ideas with. After earning his Juris Doctor degree from the University of Virginia School of Law, Mason spent several years in the legal world before returning to his family's business, Kerbey Lane Cafe, in Austin, Texas. Today, Mason Ayer is serving as CEO of Kerbey Lane Cafe. Under his leadership, the Cafe has rapidly expanded and cemented itself as an iconic Austin business known for caring service and wholesome food served at reasonable prices. Show notes… Favorite Success Quote or Mantra. Just be nice. Today's Sponsor Sourcery allows you to streamline and digitize your entire Accounts Payable operation. Digital invoicing, backed with human verification, will save you countless hours of work and increase AP accuracy. Say goodbye to your file cabinets and enter the digital world. Kabbage. Apply for up to 250,000 of funding through Kabbage, and you'll get a $50 e-gift card when you quality. Get started! Knowledge bombs Which "it factor" habit, trait, or characteristic you believe most contributes to your success? Taking care of himself. What is your biggest weakness? Trusting too much. What's one question you ask or thing you look for during an interview? Have the interviewee tell a joke. What's a current challenge? How are you dealing with it? Navigating family business dynamics. Share one code of conduct or behavior you teach your team. Personal growth and education. What is one uncommon standard of service you teach your staff? Allocate 1% of sales to guest appreciation. What's one book we must read to become a better person or restaurant owner? GET THIS BOOK FOR FREE AT AUDIBLE.COM The Great Game of Business, Expanded and Updated: The Only Sensible Way to run a Company Zingermans Guide to Giving Great Service: Treating Your Customers Like Royalty. A Lapsed Anarchist's Approach to Building a Great Business (Zingerman's Guide to Good Leading) A Slice of the Pie: How to Build a Big Little Business Share an online resource or tool. BuildingChampions.com What's one piece of technology you've adopted in your restaurant and how has it influence operations? Compeat Toast POS If you got the news that you'd be leaving this world tomorrow and all memories of you, your work, and your restaurants would be lost with your departure with the exception of 3 pieces of wisdom you could leave behind for the good of humanity, what would they be? Offer personal growth to your people. Make sure your family know you love them. Have fun. Contact Info www.kerbeylane.com Thanks for Listening! Thanks so much for joining today! Have some feedback you'd like to share? Leave a note in the comment section below! If you enjoyed this episode, please share it using the social media buttons you see at the top of the post. Also, please leave an honest review for the Restaurant Unstoppable Podcast on iTunes! Ratings and reviews are extremely helpful and greatly appreciated! They do matter in the rankings of the show, and I read each and every one of them. And finally, don't forget to subscribe to the show on iTunes to get automatic updates. Huge thanks to Mason Ayer for joining me for another awesome episode. Until next time! Restaurant Unstoppable is a free podcast. One of the ways I'm able to make it free is by earning a commission when sharing certain products with you. I've made it a core value to only share tools, resources, and services my guest mentors have recommend, first. If you're finding value in my podcast, please use my links!
We are thrilled to welcome Spencer Williams, President and Owner of West Paw Design, a US manufacturer of eco-friendly pet toys and beds for cats and dogs, to The Second Stage. As an honoree on the 2016 Forbes' list of America's Best Small Companies, Mr. Williams will share his entrepreneurial journey, why the decision to implement Open-Book Management, and the impact it has had on his organization's success.