nathanstooke - doubleradius · ’letgo! read,read,read,read,read & you will be the same person...
TRANSCRIPT
IF I ONLY KNEW… PART 2
Nathan Stooke • My wife is from South Africa • MBA from Southern Illinois University Carbondale in 2000
Nathan Stooke • On US NaAonal swim team 1997 -‐ 2000
– 25km Race 15.5 miles – Ranked 3rd in the world in 1997
Nathan Stooke • Started 3 companies
– Stookeware – Sabre MIT – Wisper ISP
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
If I Only Knew… • Part 1
– The Plan – Employees – Financials
• Part 2 – Personal – Leadership – Own Your Company
You
Define
Success
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
Leadership • Lead by example • Accept that you do not know everything • Be the “Captain” of your company • The corporate culture starts at the top
Be The Leader • Five Leadership Principles
– SIMPLIFY – DELEGATE – PREDICT – SYSTEMIZE – STRUCTURE
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
DELEGATE • True growth is a series of delegaAng and elevaAng.
Growth
Predict/Plan • Long term – beyond 90 days • Short term – within 90 days (daily stuff)
SYSTEMIZE • The Wisper Way • Document 20% to get 80% of the results
STRUCTURE • 10,000 foot view • Get the right people in the right seats
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?
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!
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
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
… NOW YOU KNOW. PART 2