Episode 205: You have to get a peer coach, with Verne Harnish.
Verne Harnish has spent the past three decades helping companies scale-up. He is the founder of the world-renowned Entrepreneurs’ Organization and chaired for fifteen years EO’s premiere CEO program, the “Birthing of Giants” and WEO’s “Advanced Business” executive program both held at MIT. Verne is also the founder and CEO of Gazelles, a global executive education and coaching company with over 150 coaching partners on six continents. He’s also the Venture columnist for FORTUNE magazine, the author of Scaling Up (Rockefeller Habits 2.0); Mastering the Rockefeller Habits; and along with the editors of Fortune, authored “The Greatest Business Decisions of All Times”. An investor in several scale-ups, Verne resides in Barcelona, Spain, with his wife and four children.
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Secret – timesaving technique
Verne believes that you have to find the vital 90 minutes a day several times a week to get good at what you want to get good at — if you don’t commit it will never happen. ONWARD!
Daily habit that contributes to success
You have to get a peer coach — Verne believes in working with your peer coach to help hold yourself accountable.
Could have ruined your business – but now – an invaluable learning experience
Verne lost about $1 million in eight weeks after 9/11 — and Verne tells the whole story here.
Most critical skill you think business owners need to master to be successful
“Leaders are readers.”
Most influential lesson learned from a mentor
“Write down the names of the 25 people you need to get to support your venture.”
Final Round – “Breaking Down the Recipe for Success”
What systems would you go back and put into place sooner?
I would have built my business model around cash flow.
What one strategy or “recipe” would compound into big wins for business owners?
Decide the word or two you can own in the minds of the market — and become the king/queen of that every single day.
How to exceed expectations and add the most value?
An individual would know what needed to get done — and they’d put in the time to get it done.
What strategy would you recommend new business owners focus on to best ensure success?
- Make your list and work it
- Pick the words you want to own — and get on it
- Find 90 minutes to work on the most important thing
- Don’t run out of cash
How best to connect with Verne:
- Website: scalingup.com