The Reality of Running a Successful Business, with Mark Porter (MSP Titan #6)
MSP Mindset with Damien StevensSeptember 26, 2024
61
01:30:1986.07 MB

The Reality of Running a Successful Business, with Mark Porter (MSP Titan #6)

✅ Not sure about full support, we’re giving away our process for you to check out for yourself: https://bit.ly/4hCw4Wi

On this week's episode, Mark Porter, CEO of High Wire Networks, joins the show as our most recent MSP Titan. In his discussion, Mark shares some of the adversity he's faced along his journey of growing several successful businesses (one from $14M to $28M in 14 months). From laying off 30% of his staff to dealing with intense family situations, he's made it through and lives by the motto "this chapter only makes the ending sweeter". He also discusses 1. the importance of enjoying other people's success + caring for you team and 2. how to do deal with the mental rollercoaster of running a business. Business is tough, but the rewards are worth it!

Chapters:
0:00 - Intro
1:50 - When and why he knew to sale
19:58 - Employees who don't want to you leave/investing into others
32:51 - Handling the mental rollercoaster
54:57 - Enjoy watching others succeed
1:06:03 - MSP Titan Questions
1:25:11 - Conclusion

🤝 Connect with Mark: https://www.linkedin.com/in/mark-porter-highwire/
🤝 Connect with Damien: https://www.linkedin.com/in/dstevens

📺 Watch on YT: https://www.youtube.com/channel/UCbzzyR7yX9l9XQaZCBp0v0g

[00:00:00] [SPEAKER_03]: Sometimes as entrepreneurs see it as whatever we don't ask for help. Everybody's always asking us for help, so you used to be in the guy giving help

[00:00:07] [SPEAKER_03]: I learned that lesson hard when I needed it in a family way when our son was started experiencing challenges

[00:00:13] [SPEAKER_03]: It was hard to actually accept like people came out of the woodwork, poured out with help

[00:00:20] [SPEAKER_03]: And I struggled with how to actually sub that who are hand-led, right? It was just weird because feeling helpless was a real weird feeling

[00:00:30] [SPEAKER_03]: I think he put up his walls and probably said the railings I probably didn't come with it, but I should have

[00:00:40] [SPEAKER_00]: Hey guys, Damien Stevens host of MSP Mindset

[00:00:44] [SPEAKER_00]: Join me today for this raw and unfiltered conversation with Mark Porter

[00:00:48] [SPEAKER_00]: Mark has achieved most of the things that we would call success

[00:00:52] [SPEAKER_00]: He built a business and that was adding 3 to 5 new clients every single week

[00:00:58] [SPEAKER_00]: And took it from 14 to 28 million in revenue in 14 months

[00:01:03] [SPEAKER_00]: Took it from losing 2 million to profiting 3 million dollars per year

[00:01:09] [SPEAKER_00]: Took it public

[00:01:11] [SPEAKER_00]: All the things that I know I've looked at as success

[00:01:14] [SPEAKER_00]: But he shares the raw unfiltered truth of adversity

[00:01:19] [SPEAKER_00]: He had to lay off 30% of his team

[00:01:24] [SPEAKER_00]: He also shared where even at exit events that we all think of wonderful

[00:01:30] [SPEAKER_00]: How some of his team members couldn't let go

[00:01:33] [SPEAKER_00]: They wanted to stay with him, he would have rather stayed with him

[00:01:37] [SPEAKER_00]: So if you want to learn from his 25 years in business and being one of the top 100 people you should know

[00:01:44] [SPEAKER_00]: According to CRN, don't miss our conversation today

[00:01:50] [SPEAKER_00]: 25 years

[00:01:51] [SPEAKER_00]: For running, any business is a long friggin' time

[00:01:55] [SPEAKER_00]: I'm like 19 into this one so I can almost relate

[00:02:00] [SPEAKER_00]: And I know it's easy to get the identity wrapped in there too

[00:02:04] [SPEAKER_00]: So how did you know it was time to exit?

[00:02:11] [SPEAKER_03]: It's kind of a long story but in 2019 I had one of these you probably seen him

[00:02:28] [SPEAKER_03]: This kind of new entrepreneur back by a PE fund

[00:02:37] [SPEAKER_03]: Really smart guy

[00:02:40] [SPEAKER_03]: And it was a real deal back with real money

[00:02:45] [SPEAKER_03]: And he seemed like a nice guy so we started talking

[00:02:49] [SPEAKER_03]: And by November of 2019 I had bought the company back from a public company in 2017

[00:02:57] [SPEAKER_03]: I mean, grew it really quickly

[00:02:59] [SPEAKER_03]: It was making a lot of money

[00:03:02] [SPEAKER_03]: But most people stay in there

[00:03:03] [SPEAKER_03]: So I think we were making probably 3 million a year or something like that

[00:03:07] [SPEAKER_03]: And it was myself and two other shareholders who were

[00:03:11] [SPEAKER_03]: They were minority shareholders, they were awesome shareholders

[00:03:14] [SPEAKER_03]: I'm also not naive enough I told people all the time

[00:03:16] [SPEAKER_03]: They were great shareholders

[00:03:20] [SPEAKER_03]: Probably because they got their checks

[00:03:21] [SPEAKER_03]: They got all their invested capital back and the business was humming

[00:03:26] [SPEAKER_03]: They might not have been so awesome if I wasn't executing

[00:03:31] [SPEAKER_03]: But the facts were what they were

[00:03:33] [SPEAKER_03]: So we had a relatively easy life

[00:03:36] [SPEAKER_03]: It was falling, it was exciting

[00:03:38] [SPEAKER_03]: But it had still been a long time

[00:03:40] [SPEAKER_03]: We were going on a year about that in 19 year mark

[00:03:46] [SPEAKER_03]: And so

[00:03:48] [SPEAKER_03]: These guys, they offered

[00:03:51] [SPEAKER_03]: The first offer was enough to make it like interesting

[00:03:57] [SPEAKER_03]: And doing what I usually do, I said no

[00:04:02] [SPEAKER_03]: Well, thinking too much about it

[00:04:03] [SPEAKER_03]: Just to see what he was going to say

[00:04:07] [SPEAKER_03]: His reaction told me that that was not the end of the negotiation

[00:04:10] [SPEAKER_03]: And so we kind of kept meeting and talking and dancing

[00:04:16] [SPEAKER_03]: They made two more offers

[00:04:19] [SPEAKER_03]: And so as we got into December of 2019

[00:04:23] [SPEAKER_03]: The last offer was pretty good

[00:04:26] [SPEAKER_03]: But there was a couple of things that were nagging at me

[00:04:29] [SPEAKER_03]: We were just beginning this cyber security thing

[00:04:34] [SPEAKER_03]: I was really intrigued by it

[00:04:36] [SPEAKER_03]: It was actually sort of like reinvigorating

[00:04:40] [SPEAKER_03]: Like it was kind of like something fresh, something new, something exciting

[00:04:45] [SPEAKER_03]: And more I think back about the people that were influencing it

[00:04:50] [SPEAKER_03]: And what we were talking about what we were thinking about

[00:04:52] [SPEAKER_03]: Versus where we are now

[00:04:53] [SPEAKER_03]: I mean it was more on it

[00:04:58] [SPEAKER_03]: But it's just so immature

[00:04:59] [SPEAKER_03]: And so crazy, honestly, so crazy to think we could do it

[00:05:03] [SPEAKER_03]: And we shouldn't have, honestly

[00:05:08] [SPEAKER_03]: I mean we just had no business doing it

[00:05:11] [SPEAKER_03]: Yeah, somehow here we are

[00:05:13] [SPEAKER_03]: So I didn't know what to do

[00:05:15] [SPEAKER_00]: Doing a major part

[00:05:16] [SPEAKER_03]: The cyber security thing

[00:05:19] [SPEAKER_03]: It was like looking back on it

[00:05:22] [SPEAKER_03]: It was crazy

[00:05:22] [SPEAKER_03]: I mean I had the wrong people

[00:05:24] [SPEAKER_03]: Everything was wrong

[00:05:26] [SPEAKER_03]: But you know they're not sure if we figured it out

[00:05:29] [SPEAKER_03]: Right?

[00:05:30] [SPEAKER_03]: So it just, I mean it was like the audacity

[00:05:34] [SPEAKER_03]: The audacious goal

[00:05:36] [SPEAKER_03]: I only we didn't think it was that audacious

[00:05:39] [SPEAKER_03]: Now and hindsight it just looks crazy, stupid foolish

[00:05:43] [SPEAKER_03]: But it's really never thought about it

[00:05:47] [SPEAKER_03]: That way it's always has a reflecting back on

[00:05:50] [SPEAKER_03]: Some of those conversations

[00:05:51] [SPEAKER_03]: It would just crazy talk

[00:05:53] [SPEAKER_03]: But in any case

[00:05:55] [SPEAKER_03]: I wanted to keep that part of the business

[00:05:56] [SPEAKER_03]: I really was fascinated about it

[00:05:59] [SPEAKER_03]: And it was almost nothing

[00:06:00] [SPEAKER_03]: It was a little more than an idea

[00:06:03] [SPEAKER_03]: But we had some great customers

[00:06:06] [SPEAKER_03]: Everything we did was really around our great partners

[00:06:08] [SPEAKER_03]: And so a new we could, if we could get something viable

[00:06:13] [SPEAKER_03]: We could sell it

[00:06:16] [SPEAKER_03]: So we just kept kind of

[00:06:20] [SPEAKER_03]: Plugging away at that

[00:06:21] [SPEAKER_03]: I kept trying to figure out how to carve that out

[00:06:24] [SPEAKER_03]: Or you know and it was getting a little complicated

[00:06:29] [SPEAKER_03]: And then I said no again

[00:06:32] [SPEAKER_03]: Because of that

[00:06:33] [SPEAKER_03]: Honestly I was just so hyper focused

[00:06:36] [SPEAKER_03]: On I needed the rest of the business to fund it

[00:06:40] [SPEAKER_03]: Because we were making so much money

[00:06:41] [SPEAKER_03]: We could just put the money back into it

[00:06:43] [SPEAKER_03]: And avoid taxes on it

[00:06:44] [SPEAKER_03]: So it was a sort of a win-win

[00:06:46] [SPEAKER_03]: And it greatly get it off the ground

[00:06:50] [SPEAKER_03]: And then they came back with like one more offer

[00:06:53] [SPEAKER_03]: That was really really good

[00:06:55] [SPEAKER_03]: And a way to

[00:06:57] [SPEAKER_03]: Where to get it

[00:06:58] [SPEAKER_03]: The problem was when I asked for like their game plan

[00:07:02] [SPEAKER_03]: Um

[00:07:03] [SPEAKER_03]: They said well

[00:07:05] [SPEAKER_03]: You know we'll grow 14% a year

[00:07:08] [SPEAKER_03]: And I was still rolling

[00:07:10] [SPEAKER_03]: I was rolling

[00:07:11] [SPEAKER_03]: I would have been

[00:07:12] [SPEAKER_03]: We are just me and my two other shareholders would have been

[00:07:15] [SPEAKER_03]: Rolling

[00:07:16] [SPEAKER_03]: Equity as well as holding a note for about 30% of it

[00:07:21] [SPEAKER_03]: And I said

[00:07:24] [SPEAKER_03]: Well I've just told you we've grow 42%

[00:07:28] [SPEAKER_03]: To over 42%

[00:07:31] [SPEAKER_03]: 3 years in a row

[00:07:34] [SPEAKER_03]: And you're just laying out this 14% growth pattern

[00:07:38] Like

[00:07:38] [SPEAKER_03]: I won't have you know how you get a service to debt

[00:07:41] [SPEAKER_03]: Because we didn't have debt load

[00:07:43] [SPEAKER_03]: We bought it with our own money

[00:07:45] [SPEAKER_03]: And we had debt but it was to ourselves

[00:07:47] [SPEAKER_03]: So it was a little different thing

[00:07:49] [SPEAKER_03]: And I said to

[00:07:51] [SPEAKER_03]: Like what kind of

[00:07:53] [SPEAKER_03]: I know we like each other

[00:07:54] [SPEAKER_03]: We've been meeting a lot

[00:07:55] [SPEAKER_03]: And I really do enjoy you

[00:07:57] [SPEAKER_03]: But like what kind of guy do you think I am

[00:07:59] [SPEAKER_03]: Going to be as a shareholder

[00:08:01] [SPEAKER_03]: And a note holder

[00:08:02] [SPEAKER_03]: If you're growing the company at 14%

[00:08:06] [SPEAKER_03]: And I just told you we've been growing a 40%

[00:08:08] [SPEAKER_03]: And he said

[00:08:09] [SPEAKER_03]: I don't know

[00:08:09] [SPEAKER_03]: And I said I know I'm going to be a miserable shareholder

[00:08:12] [SPEAKER_03]: And I'm going to like put in a boot up your ass all day long

[00:08:16] [SPEAKER_03]: And we're not going to get along

[00:08:19] [SPEAKER_03]: And he's like

[00:08:20] [SPEAKER_03]: I don't know I'm going to be fine

[00:08:21] [SPEAKER_03]: It'll be fine

[00:08:23] [SPEAKER_03]: And

[00:08:23] [SPEAKER_03]: I said no again

[00:08:26] [SPEAKER_03]: I like no this isn't going to work

[00:08:28] [SPEAKER_03]: And then that was like a Friday

[00:08:32] [SPEAKER_03]: And

[00:08:32] [SPEAKER_03]: And some day night

[00:08:33] [SPEAKER_03]: I woke up

[00:08:36] [SPEAKER_03]: And I said oh my god

[00:08:36] [SPEAKER_03]: What I do

[00:08:37] [SPEAKER_03]: You know what

[00:08:38] [SPEAKER_03]: But I said I walk away from here

[00:08:41] [SPEAKER_03]: And it was the other thing that was nagging at me

[00:08:45] [SPEAKER_03]: Was really

[00:08:46] [SPEAKER_03]: It ended up being sort of

[00:08:50] [SPEAKER_03]: Twofold one

[00:08:51] [SPEAKER_03]: I wouldn't have been able to do enough

[00:08:53] [SPEAKER_03]: For some people that I really wanted to do something nice for

[00:08:59] [SPEAKER_03]: And one of them was helping me through the process

[00:09:03] [SPEAKER_03]: And she cried every night

[00:09:05] [SPEAKER_03]: Because she knew she would be

[00:09:08] [SPEAKER_03]: Mostly out of a job

[00:09:09] [SPEAKER_03]: Most like that

[00:09:10] [SPEAKER_03]: And I could have given her like 500,000

[00:09:14] [SPEAKER_03]: But that didn't seem like enough

[00:09:18] [SPEAKER_03]: For the time she'd spent with me

[00:09:21] [SPEAKER_03]: And

[00:09:24] [SPEAKER_03]: She said I'm going to have to get a real job

[00:09:27] [SPEAKER_03]: And I said I don't know if that's a compliment or an insult

[00:09:31] Like

[00:09:31] Yeah

[00:09:31] [SPEAKER_03]: There's no way

[00:09:33] [SPEAKER_03]: He's like I mean this is a real job

[00:09:35] [SPEAKER_03]: We employ like

[00:09:36] [SPEAKER_03]: 60 people

[00:09:38] [SPEAKER_03]: Yeah

[00:09:41] [SPEAKER_03]: But as she met that as a compliment

[00:09:43] [SPEAKER_03]: She just met

[00:09:44] [SPEAKER_03]: She loved what she did

[00:09:46] [SPEAKER_03]: And she did more good that

[00:09:48] [SPEAKER_03]: And she was the only one who knew about it

[00:09:51] [SPEAKER_03]: And even though she cried every night about it

[00:09:53] [SPEAKER_03]: Well we were talking

[00:09:53] [SPEAKER_03]: She just kept plugging away and helping me

[00:09:55] [SPEAKER_03]: And getting what I needed to make it happen

[00:09:57] [SPEAKER_03]: So that was nagging at me

[00:10:00] [SPEAKER_03]: And then I just thought like I had this unfinished business

[00:10:03] [SPEAKER_03]: And it was really around the side of us

[00:10:04] [SPEAKER_03]: It was some other stuff

[00:10:06] [SPEAKER_03]: Now

[00:10:07] [SPEAKER_03]: Awesome story and everything

[00:10:09] [SPEAKER_03]: We're going to keep on

[00:10:10] [SPEAKER_03]: Absolutely blowing it out

[00:10:12] [SPEAKER_03]: Q1 2020

[00:10:13] [SPEAKER_03]: Best Quarter We Ever Had

[00:10:15] [SPEAKER_03]: And then

[00:10:17] [SPEAKER_03]: You know, April 1st

[00:10:19] [SPEAKER_03]: The World Chut Town

[00:10:20] [SPEAKER_03]: So we went from

[00:10:22] [SPEAKER_03]: The best quarter we ever had

[00:10:24] [SPEAKER_03]: To the end of March being really weird

[00:10:25] [SPEAKER_03]: Because this rumblings were all going on

[00:10:28] [SPEAKER_03]: About all this crazy stuff

[00:10:30] [SPEAKER_03]: To being totally couldn't leave our house

[00:10:32] [SPEAKER_03]: And it went away for the next two weeks

[00:10:34] [SPEAKER_03]: And having a meeting

[00:10:37] [SPEAKER_03]: And I'll never forget that meeting

[00:10:40] [SPEAKER_03]: Looking around

[00:10:41] [SPEAKER_03]: It was fabulous in the room

[00:10:44] [SPEAKER_03]: And I said

[00:10:45] [SPEAKER_03]: How many days a cash do we have

[00:10:47] [SPEAKER_03]: If nobody pays us a penny of what they always

[00:10:50] [SPEAKER_03]: Because that's what I thought was going to happen

[00:10:52] [SPEAKER_03]: I assumed all of our customers

[00:10:54] [SPEAKER_03]: We're going to sit on their cash

[00:10:55] [SPEAKER_03]: And some did

[00:10:56] [SPEAKER_03]: Because they were having the same meetings

[00:11:00] [SPEAKER_03]: And then

[00:11:02] [SPEAKER_03]: The answer by the way

[00:11:03] [SPEAKER_03]: It was 35 days

[00:11:05] [SPEAKER_00]: It's better than most

[00:11:07] [SPEAKER_03]: Yeah

[00:11:07] [SPEAKER_03]: It was

[00:11:09] [SPEAKER_03]: Yes, but much better than most

[00:11:11] [SPEAKER_03]: And that was assuming zero payment

[00:11:14] [SPEAKER_03]: Assuming 50% payments

[00:11:15] [SPEAKER_03]: We were probably okay

[00:11:17] [SPEAKER_03]: Out to like

[00:11:18] [SPEAKER_03]: I think 80 days

[00:11:20] [SPEAKER_03]: But we didn't even have a line to credit

[00:11:21] [SPEAKER_03]: Because myself and the two other owners

[00:11:23] [SPEAKER_03]: They like if we needed money

[00:11:24] [SPEAKER_03]: We put it money or whatever

[00:11:25] [SPEAKER_03]: But we didn't have a bank line or anything like that

[00:11:28] [SPEAKER_03]: So

[00:11:30] [SPEAKER_03]: We were

[00:11:32] [SPEAKER_03]: Faced with Armageddon

[00:11:34] [SPEAKER_03]: And on certainty

[00:11:37] [SPEAKER_03]: In that meeting

[00:11:39] [SPEAKER_03]: There was

[00:11:41] [SPEAKER_03]: Talking about what we do

[00:11:43] [SPEAKER_03]: I remember that

[00:11:44] [SPEAKER_03]: There was some good answers

[00:11:46] [SPEAKER_03]: There was a couple

[00:11:47] [SPEAKER_03]: Completely insane ones

[00:11:51] [SPEAKER_03]: So

[00:11:52] [SPEAKER_00]: Everybody remembers that Tom

[00:11:54] [SPEAKER_00]: Yeah

[00:11:55] [SPEAKER_03]: That that

[00:11:57] [SPEAKER_03]: That individual

[00:11:59] [SPEAKER_03]: Was at the top of the list

[00:12:01] [SPEAKER_03]: When we started making lists

[00:12:03] [SPEAKER_03]: So

[00:12:04] [SPEAKER_03]: I told my CEO at the time

[00:12:07] [SPEAKER_03]: Start making lists

[00:12:09] [SPEAKER_03]: Of

[00:12:10] [SPEAKER_03]: This is bad

[00:12:12] [SPEAKER_03]: This is really bad

[00:12:15] [SPEAKER_03]: And holy shit

[00:12:16] [SPEAKER_03]: And

[00:12:17] [SPEAKER_03]: I wanted those three lists

[00:12:20] [SPEAKER_03]: And he made those

[00:12:21] [SPEAKER_03]: Made those three lists

[00:12:24] [SPEAKER_03]: I had to go to New York for meeting

[00:12:26] [SPEAKER_03]: And I went to New York

[00:12:28] [SPEAKER_03]: And this was still

[00:12:28] [SPEAKER_03]: This was the end of March

[00:12:31] [SPEAKER_03]: As we were kind of preparing for this

[00:12:32] [SPEAKER_03]: And it was pretty clear

[00:12:34] [SPEAKER_03]: The way things were going

[00:12:36] [SPEAKER_03]: But

[00:12:37] [SPEAKER_03]: So

[00:12:39] [SPEAKER_03]: I got to look

[00:12:40] [SPEAKER_03]: Already

[00:12:42] [SPEAKER_03]: Things were kind of weird

[00:12:44] [SPEAKER_03]: In New York

[00:12:45] [SPEAKER_03]: I was down in Manhattan

[00:12:48] [SPEAKER_03]: And

[00:12:49] [SPEAKER_03]: Very empty

[00:12:50] [SPEAKER_03]: I had lunch

[00:12:51] [SPEAKER_03]: The next day

[00:12:53] [SPEAKER_03]: And time square

[00:12:54] [SPEAKER_03]: And there was like

[00:12:55] [SPEAKER_03]: 10 people in time square

[00:12:57] [SPEAKER_01]: Wow

[00:12:58] [SPEAKER_03]: Really

[00:12:58] [SPEAKER_03]: Like the end of the world

[00:13:01] [SPEAKER_03]: I mean it was so

[00:13:03] [SPEAKER_03]: Serial

[00:13:03] [SPEAKER_03]: So I told the guys

[00:13:04] [SPEAKER_03]: It was meaning

[00:13:06] [SPEAKER_03]: That

[00:13:06] [SPEAKER_03]: I had to leave

[00:13:10] [SPEAKER_03]: Like

[00:13:10] [SPEAKER_03]: Like for

[00:13:11] [SPEAKER_03]: For my flight

[00:13:13] [SPEAKER_03]: I left

[00:13:14] [SPEAKER_03]: At 430

[00:13:15] [SPEAKER_03]: For the Guardian

[00:13:16] [SPEAKER_03]: Thinking

[00:13:17] [SPEAKER_03]: I was going to miss

[00:13:18] [SPEAKER_03]: My 7 p.m. flight

[00:13:20] [SPEAKER_03]: Like

[00:13:21] [SPEAKER_03]: That's not enough time

[00:13:22] [SPEAKER_03]: No way

[00:13:23] [SPEAKER_03]: I'm going to get there

[00:13:24] [SPEAKER_03]: And

[00:13:26] [SPEAKER_03]: I got the

[00:13:26] [SPEAKER_03]: The Guardian

[00:13:26] [SPEAKER_03]: Twenty Two minutes later

[00:13:29] [SPEAKER_03]: And

[00:13:29] [SPEAKER_03]: I was like

[00:13:30] [SPEAKER_03]: There's nobody in line

[00:13:32] [SPEAKER_03]: I'm going to walk

[00:13:33] [SPEAKER_03]: Right through security

[00:13:35] [SPEAKER_03]: Walked into the

[00:13:36] [SPEAKER_03]: Emeralds Lange

[00:13:37] [SPEAKER_03]: And there were more employees

[00:13:39] [SPEAKER_03]: Than passengers

[00:13:40] [SPEAKER_03]: Gone on my plane

[00:13:42] [SPEAKER_03]: And I was sitting in

[00:13:43] [SPEAKER_03]: First

[00:13:44] [SPEAKER_03]: And I was talking

[00:13:45] [SPEAKER_03]: To one of my shareholders

[00:13:46] [SPEAKER_03]: So it wasn't really paying attention

[00:13:48] [SPEAKER_03]: To the boarding process

[00:13:49] [SPEAKER_03]: We took off

[00:13:51] [SPEAKER_03]: Had a couple drinks

[00:13:52] [SPEAKER_03]: It's only in our

[00:13:53] [SPEAKER_03]: Twenty-minute flight

[00:13:54] [SPEAKER_03]: Or whatever

[00:13:54] [SPEAKER_03]: Get home

[00:13:55] [SPEAKER_03]: The Chicago

[00:13:56] [SPEAKER_03]: I get home

[00:13:57] [SPEAKER_03]: I stand up

[00:13:59] [SPEAKER_03]: And I grab my bag

[00:14:00] [SPEAKER_03]: From my rollerboard

[00:14:02] [SPEAKER_03]: From above

[00:14:03] [SPEAKER_03]: And I looked behind me

[00:14:05] [SPEAKER_03]: And there was nobody on the plane

[00:14:07] [SPEAKER_03]: So I think

[00:14:08] [SPEAKER_03]: Seven people on that flight

[00:14:11] [SPEAKER_03]: And

[00:14:12] [SPEAKER_03]: Four of us were in first

[00:14:14] [SPEAKER_03]: And there was like

[00:14:15] [SPEAKER_03]: Two people, three people

[00:14:17] [SPEAKER_03]: Just in the row behind the ball

[00:14:18] [SPEAKER_03]: Head

[00:14:20] [SPEAKER_03]: And I call my CEO

[00:14:22] [SPEAKER_03]: In that time

[00:14:23] [SPEAKER_03]: He was

[00:14:23] [SPEAKER_03]: He's on Eastern

[00:14:24] [SPEAKER_03]: Times I was probably 10 o'clock

[00:14:26] [SPEAKER_03]: His time

[00:14:26] [SPEAKER_03]: I called him

[00:14:27] [SPEAKER_03]: And I said go to the O shit list

[00:14:29] [SPEAKER_03]: And start tomorrow

[00:14:30] [SPEAKER_03]: He said no, no, you're overreacting

[00:14:32] [SPEAKER_03]: I said no

[00:14:33] [SPEAKER_03]: I said we got to do this

[00:14:35] [SPEAKER_03]: Like there's going to be a

[00:14:36] [SPEAKER_03]: Flood of people going

[00:14:38] [SPEAKER_03]: And this is the most humane thing

[00:14:40] [SPEAKER_03]: We can do

[00:14:40] [SPEAKER_03]: Is get them into unemployment

[00:14:42] [SPEAKER_03]: Whatever

[00:14:43] [SPEAKER_03]: And it ended up being in

[00:14:45] [SPEAKER_03]: For... So we started making

[00:14:46] [SPEAKER_03]: Really big cuts

[00:14:47] [SPEAKER_03]: We caught like 30% of our staff

[00:14:51] [SPEAKER_03]: And

[00:14:52] [SPEAKER_03]: And ended up being

[00:14:54] [SPEAKER_03]: In some ways

[00:14:55] [SPEAKER_03]: It's the best thing we did for those people

[00:14:57] [SPEAKER_03]: Because they got in this system

[00:14:59] [SPEAKER_03]: A head of other people

[00:15:00] [SPEAKER_03]: Like my days

[00:15:01] [SPEAKER_03]: Because days after this

[00:15:03] [SPEAKER_03]: Everybody was doing the same

[00:15:04] [SPEAKER_03]: And it was just crazy

[00:15:07] [SPEAKER_03]: We...

[00:15:08] [SPEAKER_03]: And it was just such an extreme

[00:15:13] [SPEAKER_03]: From

[00:15:15] [SPEAKER_03]: Coasting

[00:15:15] [SPEAKER_03]: Almost to

[00:15:18] [SPEAKER_03]: How we going to make it

[00:15:20] [SPEAKER_03]: There was no PPP or anything

[00:15:21] [SPEAKER_03]: Even opposed yet

[00:15:23] [SPEAKER_03]: Right

[00:15:23] [SPEAKER_03]: So fortunately that did

[00:15:25] [SPEAKER_03]: That was huge for us

[00:15:27] [SPEAKER_03]: It was a big...

[00:15:27] [SPEAKER_03]: It was a big win for us

[00:15:30] [SPEAKER_03]: We kept a lot of people employed

[00:15:31] [SPEAKER_03]: Which I think is like the most important thing

[00:15:34] [SPEAKER_03]: You can do for people

[00:15:35] [SPEAKER_03]: It's giving them a sense of purpose

[00:15:37] [SPEAKER_03]: So all that said

[00:15:39] [SPEAKER_03]: I mean that whole

[00:15:41] Saga

[00:15:42] [SPEAKER_03]: You know, fast forward

[00:15:43] [SPEAKER_03]: To maybe

[00:15:44] [SPEAKER_03]: Mid-A, Bro

[00:15:45] [SPEAKER_03]: And we had a board meeting

[00:15:47] [SPEAKER_03]: And it ended

[00:15:50] [SPEAKER_03]: We all agreed

[00:15:52] [SPEAKER_03]: That by

[00:15:54] [SPEAKER_03]: Late August

[00:15:55] [SPEAKER_03]: This thing was going to happen

[00:15:57] [SPEAKER_03]: It's course

[00:15:57] [SPEAKER_03]: And everything would be back to normal

[00:15:59] [SPEAKER_03]: Mid-A, so they're like

[00:16:01] [SPEAKER_03]: Okay, so everybody will be over

[00:16:03] [SPEAKER_03]: At August

[00:16:04] [SPEAKER_03]: September

[00:16:05] [SPEAKER_03]: Things will start normalizing

[00:16:06] [SPEAKER_03]: And by fourth quarter

[00:16:07] [SPEAKER_03]: Everything would be fine

[00:16:09] [SPEAKER_03]: None of us really thought

[00:16:10] [SPEAKER_03]: Through the election year

[00:16:11] [SPEAKER_03]: Thing or any other political stuff

[00:16:14] [SPEAKER_03]: That was going on around it

[00:16:15] [SPEAKER_03]: Never crossed our minds

[00:16:16] [SPEAKER_03]: And that called

[00:16:18] [SPEAKER_03]: And so we agreed

[00:16:19] [SPEAKER_03]: Like okay, we're going to be fine

[00:16:20] [SPEAKER_03]: Until then we've made all the adjustments

[00:16:22] [SPEAKER_03]: PPP was coming

[00:16:23] [SPEAKER_03]: We're going to be okay

[00:16:26] [SPEAKER_03]: And

[00:16:28] [SPEAKER_03]: The meeting ended

[00:16:29] [SPEAKER_03]: With one of the other guys

[00:16:33] [SPEAKER_03]: Saying

[00:16:33] [SPEAKER_03]: I only hope

[00:16:34] [SPEAKER_03]: We don't get to September

[00:16:36] [SPEAKER_03]: Look back and say

[00:16:37] [SPEAKER_03]: God how naive

[00:16:39] [SPEAKER_03]: Where we in April

[00:16:40] [SPEAKER_03]: And that this thing's going to just

[00:16:42] [SPEAKER_03]: Keep dragging out

[00:16:43] [SPEAKER_03]: And I said

[00:16:44] [SPEAKER_03]: Ah, the way

[00:16:45] [SPEAKER_03]: It was that way

[00:16:46] [SPEAKER_03]: So

[00:16:47] [SPEAKER_03]: It ended in sure

[00:16:48] [SPEAKER_03]: It was like September

[00:16:52] [SPEAKER_03]: And we're

[00:16:53] [SPEAKER_03]: Like looking at each other

[00:16:54] [SPEAKER_03]: Like when is it kind of end

[00:16:55] [SPEAKER_03]: I mean this is there's no end in sight

[00:16:58] [SPEAKER_03]: And then

[00:16:59] [SPEAKER_03]: All the sudden the supply chain delays

[00:17:02] [SPEAKER_03]: We're starting

[00:17:03] [SPEAKER_03]: You know

[00:17:03] [SPEAKER_03]: Like you couldn't get a car

[00:17:05] [SPEAKER_03]: Remember like the cars disappeared

[00:17:07] [SPEAKER_03]: And you know

[00:17:08] [SPEAKER_03]: We dealt in everything we dealt

[00:17:10] [SPEAKER_03]: And has a proper process or it

[00:17:12] [SPEAKER_03]: Not just the cheap ones

[00:17:13] [SPEAKER_03]: Right

[00:17:13] [SPEAKER_03]: It's all high in ones

[00:17:15] [SPEAKER_03]: So

[00:17:16] [SPEAKER_03]: It

[00:17:17] [SPEAKER_03]: That whole saga

[00:17:18] [SPEAKER_03]: When you laid it out from all that

[00:17:20] [SPEAKER_03]: And went all the way through the next two and a half

[00:17:21] [SPEAKER_03]: Three years of COVID

[00:17:25] [SPEAKER_03]: You know

[00:17:25] [SPEAKER_03]: It just was time

[00:17:27] [SPEAKER_03]: So for me

[00:17:30] [SPEAKER_03]: There was also its personal stuff

[00:17:32] [SPEAKER_03]: That happened in that time

[00:17:33] [SPEAKER_03]: With

[00:17:33] [SPEAKER_03]: You don't know what you got

[00:17:35] [SPEAKER_03]: Till it's gone

[00:17:36] [SPEAKER_03]: And I had a kid who

[00:17:39] [SPEAKER_03]: Lost himself

[00:17:41] [SPEAKER_03]: And

[00:17:41] [SPEAKER_03]: Well, you want to talk about

[00:17:45] [SPEAKER_03]: Brushes

[00:17:45] [SPEAKER_03]: You take for granted

[00:17:47] [SPEAKER_03]: When you just

[00:17:48] [SPEAKER_03]: Healthy your whole life

[00:17:49] [SPEAKER_03]: And then all of a sudden

[00:17:51] [SPEAKER_03]: Your kids not

[00:17:52] [SPEAKER_03]: That's worse than losing your own health

[00:17:54] [SPEAKER_03]: I think

[00:17:55] [SPEAKER_03]: But we'll help you

[00:17:56] [SPEAKER_03]: Sure

[00:17:57] [SPEAKER_03]: So all of that over the same period of time

[00:17:59] [SPEAKER_03]: So for me when

[00:18:01] [SPEAKER_03]: When this opportunity came

[00:18:02] [SPEAKER_03]: And the cyber businesses

[00:18:04] [SPEAKER_03]: And the place where it really

[00:18:06] [SPEAKER_03]: Needs the time and attention

[00:18:08] [SPEAKER_03]: And we've accomplished a scale

[00:18:10] [SPEAKER_03]: That

[00:18:11] [SPEAKER_03]: We needed to get to

[00:18:12] [SPEAKER_03]: Or it's time that just hit the gas

[00:18:17] [SPEAKER_03]: It just was time

[00:18:18] [SPEAKER_03]: And I'm still involved with it

[00:18:20] [SPEAKER_03]: I still get the pleasure of helping

[00:18:23] [SPEAKER_03]: And

[00:18:24] [SPEAKER_03]: Honestly, it's mostly from

[00:18:25] [SPEAKER_03]: You know, we'll make sure the guys

[00:18:26] [SPEAKER_03]: Have bought it

[00:18:29] [SPEAKER_03]: It hit a home run

[00:18:30] [SPEAKER_03]: And the people that went with it

[00:18:32] [SPEAKER_03]: Are set up for success

[00:18:33] [SPEAKER_03]: And not everybody went with it

[00:18:35] [SPEAKER_03]: And that sucked

[00:18:35] [SPEAKER_03]: That really sucked

[00:18:39] [SPEAKER_03]: I know there will be people

[00:18:40] [SPEAKER_03]: That probably

[00:18:42] [SPEAKER_03]: You know, hardware real well

[00:18:43] [SPEAKER_03]: And I don't blame them

[00:18:46] [SPEAKER_03]: Because it's never easy

[00:18:47] [SPEAKER_03]: Especially when it's not their fault

[00:18:48] [SPEAKER_03]: They're just

[00:18:50] [SPEAKER_03]: Sometimes in these sorts of deals

[00:18:52] [SPEAKER_03]: It's a much larger thing

[00:18:54] [SPEAKER_03]: Sometimes in these sorts of deals

[00:18:56] [SPEAKER_03]: They really are

[00:18:57] [SPEAKER_03]: It does come down the numbers

[00:18:59] [SPEAKER_03]: And

[00:19:00] [SPEAKER_03]: It's hard to

[00:19:02] [SPEAKER_03]: Boyle people down

[00:19:03] [SPEAKER_03]: To a payroll member

[00:19:05] [SPEAKER_03]: But

[00:19:07] That's

[00:19:10] [SPEAKER_00]: Hey guys, today's episode is sponsored by

[00:19:13] [SPEAKER_00]: Servosity

[00:19:14] [SPEAKER_00]: I created Servosity

[00:19:16] [SPEAKER_00]: Because I was an MSP

[00:19:17] [SPEAKER_00]: That lost data

[00:19:19] [SPEAKER_00]: Then I had to go

[00:19:21] [SPEAKER_00]: And front of my client

[00:19:22] [SPEAKER_00]: And tell them

[00:19:22] [SPEAKER_00]: I can't recover

[00:19:23] [SPEAKER_00]: If you've ever been there

[00:19:25] [SPEAKER_00]: Or worried that you would be there

[00:19:27] [SPEAKER_00]: Then you may want to take a look at Servosity

[00:19:30] [SPEAKER_00]: We do two things

[00:19:31] [SPEAKER_00]: That nobody else is crazy enough to do

[00:19:34] [SPEAKER_00]: We test your backups

[00:19:35] [SPEAKER_00]: Maniacally

[00:19:36] [SPEAKER_00]: Do that daily

[00:19:37] [SPEAKER_00]: Weekly, monthly, and quarterly

[00:19:39] [SPEAKER_00]: For you

[00:19:40] [SPEAKER_00]: Then we manage the backups for you

[00:19:42] [SPEAKER_00]: So you can focus on growing your MSP

[00:19:45] [SPEAKER_00]: Instead of babysitting backups

[00:19:47] [SPEAKER_00]: If you're interested in our

[00:19:49] [SPEAKER_00]: Unlimited storage or a mutable storage

[00:19:52] [SPEAKER_00]: Or any of things that I'm talking about

[00:19:54] [SPEAKER_00]: Visit Servosity.com

[00:19:57] [SPEAKER_00]: I want to

[00:19:58] [SPEAKER_00]: Back up a little bit

[00:19:59] [SPEAKER_00]: Kind of during that

[00:20:00] [SPEAKER_00]: Converterion

[00:20:01] [SPEAKER_00]: We were talking before

[00:20:02] [SPEAKER_00]: You were talking about

[00:20:04] [SPEAKER_00]: How people were

[00:20:08] [SPEAKER_00]: Obsessed and not for themselves

[00:20:10] [SPEAKER_03]: Oh yeah

[00:20:11] [SPEAKER_00]: Tell me more about that

[00:20:14] [SPEAKER_03]: Yeah

[00:20:15] [SPEAKER_03]: I've done through our couple of times

[00:20:16] [SPEAKER_03]: 2008

[00:20:17] [SPEAKER_03]: And then

[00:20:19] [SPEAKER_03]: In the transition in this

[00:20:21] [SPEAKER_03]: SIL

[00:20:22] [SPEAKER_03]: That COVID thing

[00:20:24] [SPEAKER_03]: I got a couple of really incredible

[00:20:28] [SPEAKER_03]: Really really incredible

[00:20:29] [SPEAKER_03]: emails

[00:20:31] [SPEAKER_03]: From employees

[00:20:33] [SPEAKER_03]: Some of the people

[00:20:35] [SPEAKER_03]: I didn't even been here that long

[00:20:36] [SPEAKER_03]: And

[00:20:38] [SPEAKER_03]: I think that was a part of that

[00:20:39] [SPEAKER_03]: Take me off guard

[00:20:41] [SPEAKER_03]: Mostly and make you realize

[00:20:46] [SPEAKER_03]: Sometimes you just do

[00:20:48] [SPEAKER_03]: And you're just

[00:20:51] [SPEAKER_03]: Doing what you do

[00:20:54] [SPEAKER_03]: And treating people

[00:20:55] [SPEAKER_03]: Generally right

[00:20:58] [SPEAKER_03]: I'm far from

[00:20:59] [SPEAKER_03]: Trust me

[00:21:01] [SPEAKER_03]: But

[00:21:01] [SPEAKER_03]: I do believe

[00:21:03] [SPEAKER_03]: When you just

[00:21:04] [SPEAKER_03]: If you do things for the right reasons

[00:21:07] [SPEAKER_03]: It comes back to

[00:21:08] [SPEAKER_03]: Timefold even if you get screwed

[00:21:10] [SPEAKER_03]: Somewhere down

[00:21:11] [SPEAKER_03]: Going

[00:21:12] [SPEAKER_03]: It's going to come back to you

[00:21:14] [SPEAKER_03]: And

[00:21:16] [SPEAKER_03]: Maybe not material things

[00:21:17] [SPEAKER_03]: Maybe things that make you just feel great

[00:21:20] [SPEAKER_03]: Because there's a lot of stuff out there

[00:21:21] [SPEAKER_03]: That makes you feel not so great

[00:21:23] [SPEAKER_03]: So I got a lot of notes

[00:21:26] [SPEAKER_03]: I mean

[00:21:28] [SPEAKER_03]: Probably the most gracious thing

[00:21:29] [SPEAKER_03]: Anyone ever did for me

[00:21:31] [SPEAKER_03]: And he took it

[00:21:34] [SPEAKER_03]: The hardest of he ever

[00:21:35] [SPEAKER_03]: Seas is probably

[00:21:36] [SPEAKER_03]: Kill me for telling anybody the story

[00:21:40] [SPEAKER_03]: But

[00:21:40] [SPEAKER_03]: In back to 2008

[00:21:42] [SPEAKER_03]: When the world was falling apart

[00:21:44] [SPEAKER_03]: My three largest customers

[00:21:46] [SPEAKER_03]: Go bankrupt in 90 days

[00:21:48] [SPEAKER_03]: I didn't know what we were going to do

[00:21:49] [SPEAKER_03]: Yeah, I mean it was

[00:21:50] [SPEAKER_03]: Think about it

[00:21:51] [SPEAKER_03]: I mean we were

[00:21:52] [SPEAKER_03]: Apparently 24 hours from ATMs

[00:21:54] [SPEAKER_03]: Not having money in them

[00:21:56] [SPEAKER_03]: And all that stuff

[00:21:57] [SPEAKER_03]: Right

[00:21:57] [SPEAKER_03]: The system was at liquid

[00:21:58] [SPEAKER_03]: And when that happened

[00:22:00] [SPEAKER_03]: And the door towel was our biggest customer

[00:22:02] [SPEAKER_03]: And they owned a 687,327

[00:22:10] [SPEAKER_03]: And they went bankrupt

[00:22:11] [SPEAKER_03]: And I didn't know how we were going to deal with it

[00:22:12] [SPEAKER_03]: And they funded one of my employees

[00:22:14] [SPEAKER_03]: They actually paid his base salary

[00:22:18] [SPEAKER_03]: And he called me that morning

[00:22:19] [SPEAKER_03]: And said I know that you can't afford me anymore

[00:22:23] [SPEAKER_03]: But I'm not leaving

[00:22:25] [SPEAKER_03]: So you tell me whatever number

[00:22:26] [SPEAKER_03]: Is that you can pay me

[00:22:29] [SPEAKER_03]: And I'll stay

[00:22:31] [SPEAKER_03]: You know we'll figure it out

[00:22:34] [SPEAKER_03]: And he had money

[00:22:35] [SPEAKER_03]: He had been like two years

[00:22:37] [SPEAKER_03]: He was a good dude

[00:22:38] [SPEAKER_03]: He still is a great dude

[00:22:40] [SPEAKER_03]: And probably if you see this

[00:22:42] [SPEAKER_03]: You know I love it

[00:22:43] [SPEAKER_03]: He's my member guest partner

[00:22:45] [SPEAKER_03]: Every year at my club

[00:22:46] [SPEAKER_03]: He's an amazing golfer

[00:22:50] [SPEAKER_03]: And

[00:22:51] [SPEAKER_03]: Same guy

[00:22:52] [SPEAKER_03]: Again

[00:22:55] [SPEAKER_03]: My member guest was the week

[00:22:57] [SPEAKER_03]: After

[00:22:59] [SPEAKER_03]: I sold that business

[00:23:01] [SPEAKER_03]: And he went with it

[00:23:03] [SPEAKER_03]: And it was one of the hardest conversations

[00:23:05] [SPEAKER_03]: Because I had to keep him out of it

[00:23:07] [SPEAKER_03]: Till the very end

[00:23:08] [SPEAKER_03]: It was only about four people who knew

[00:23:10] [SPEAKER_03]: The whole thing was happening

[00:23:13] [SPEAKER_03]: And I talked to him on a Friday

[00:23:15] [SPEAKER_03]: And I said this and I got to share some things with you

[00:23:19] [SPEAKER_03]: And

[00:23:21] [SPEAKER_03]: This is not going to be an easy conversation

[00:23:23] [SPEAKER_03]: We talked through it

[00:23:25] [SPEAKER_03]: And he didn't say much

[00:23:26] [SPEAKER_03]: Almost nothing in fact

[00:23:28] [SPEAKER_03]: And he just said you're alright

[00:23:31] [SPEAKER_03]: I said yeah fine

[00:23:32] [SPEAKER_03]: And we hung up

[00:23:34] [SPEAKER_03]: Then I watched it next week

[00:23:37] [SPEAKER_03]: He heard most of it

[00:23:38] [SPEAKER_03]: New up, new who I was talking to

[00:23:40] [SPEAKER_03]: And the relationship

[00:23:42] [SPEAKER_03]: And he said

[00:23:44] [SPEAKER_03]: She said

[00:23:46] [SPEAKER_03]: How do you take it?

[00:23:47] [SPEAKER_03]: Because he was fine

[00:23:49] [SPEAKER_03]: So he didn't

[00:23:51] [SPEAKER_03]: Bad now

[00:23:51] [SPEAKER_03]: Didn't see us

[00:23:53] [SPEAKER_03]: Sort of think

[00:23:54] [SPEAKER_03]: Maybe he doesn't love me anymore

[00:23:56] [SPEAKER_03]: She said, well

[00:23:58] [SPEAKER_03]: I said he

[00:24:00] [SPEAKER_03]: Was totally unexpected

[00:24:02] [SPEAKER_03]: So when about the weekend

[00:24:05] [SPEAKER_03]: And

[00:24:07] [SPEAKER_03]: One day morning

[00:24:08] [SPEAKER_03]: When they were calling me

[00:24:10] [SPEAKER_03]: I thought he was going to talk about the logistics of flying up

[00:24:12] [SPEAKER_03]: And today for the tournament

[00:24:14] [SPEAKER_03]: Then he called

[00:24:17] [SPEAKER_03]: And he said

[00:24:19] [SPEAKER_03]: I just want to make sure I understood

[00:24:21] [SPEAKER_03]: He told me correctly on Friday

[00:24:24] [SPEAKER_03]: Then he

[00:24:25] [SPEAKER_03]: Red it back to me

[00:24:28] And

[00:24:30] [SPEAKER_03]: That is piece of

[00:24:33] [SPEAKER_03]: So

[00:24:33] [SPEAKER_03]: I don't work for you anymore

[00:24:35] [SPEAKER_03]: Right?

[00:24:35] [SPEAKER_03]: It was

[00:24:37] [SPEAKER_03]: I don't really

[00:24:38] [SPEAKER_03]: And

[00:24:39] [SPEAKER_03]: He said

[00:24:40] [SPEAKER_03]: I'm still doing the same thing

[00:24:41] [SPEAKER_03]: But for somebody else

[00:24:43] [SPEAKER_03]: Yeah

[00:24:43] [SPEAKER_03]: He said

[00:24:45] [SPEAKER_03]: Damn it, that's what I thought

[00:24:46] [SPEAKER_03]: He said

[00:24:47] [SPEAKER_03]: He said

[00:24:47] [SPEAKER_03]: You know, Sunday night

[00:24:48] [SPEAKER_03]: What you said

[00:24:49] [SPEAKER_03]: I said I laid this hall on Friday

[00:24:52] [SPEAKER_03]: And he didn't read

[00:24:52] [SPEAKER_03]: I said

[00:24:54] [SPEAKER_03]: I said

[00:24:54] [SPEAKER_03]: I did on Sunday

[00:24:55] [SPEAKER_03]: So I said I'm a couch and crying

[00:24:57] [SPEAKER_03]: So my wife is

[00:24:59] [SPEAKER_03]: He's here

[00:25:00] [SPEAKER_03]: He said

[00:25:00] [SPEAKER_03]: I'm just couch and cry

[00:25:03] [SPEAKER_03]: He said

[00:25:04] [SPEAKER_03]: He said

[00:25:05] [SPEAKER_03]: It just took a little while for it to sink in

[00:25:07] [SPEAKER_03]: He said

[00:25:08] [SPEAKER_03]: I don't know if I wanted to be in the night or not

[00:25:10] [SPEAKER_03]: But I got some other really nice letters

[00:25:12] [SPEAKER_03]: And

[00:25:13] [SPEAKER_03]: One employee

[00:25:14] [SPEAKER_03]: He was very upset

[00:25:18] [SPEAKER_03]: He said

[00:25:19] [SPEAKER_03]: He said

[00:25:20] [SPEAKER_03]: He cared for me

[00:25:20] [SPEAKER_03]: He had been friends anymore

[00:25:21] [SPEAKER_03]: And he was a joke

[00:25:22] [SPEAKER_03]: And of course

[00:25:23] [SPEAKER_03]: But

[00:25:24] [SPEAKER_03]: You've formed

[00:25:25] [SPEAKER_03]: It's interesting

[00:25:29] [SPEAKER_03]: I think

[00:25:32] [SPEAKER_03]: Some of my other executive team

[00:25:34] [SPEAKER_03]: We'll tell you the thing

[00:25:35] [SPEAKER_03]: That they're always fascinated

[00:25:36] [SPEAKER_03]: About is when they talk to other employees

[00:25:39] [SPEAKER_03]: They would talk about their relationship

[00:25:42] [SPEAKER_03]: The unique relationship

[00:25:43] [SPEAKER_03]: That they had with me

[00:25:48] [SPEAKER_03]: And the only thing I could say is I always felt

[00:25:52] [SPEAKER_03]: like with each of them, it was unique, right?

[00:25:55] [SPEAKER_03]: As long as you're genuine.

[00:25:58] [SPEAKER_03]: And I think those who know, there's some,

[00:26:02] [SPEAKER_03]: they sort of know generally the people know

[00:26:04] [SPEAKER_03]: where they stand with me because of me,

[00:26:05] [SPEAKER_03]: they're at ease with you or if I'm not,

[00:26:08] [SPEAKER_03]: it's usually because I don't like nervous energy very much,

[00:26:13] [SPEAKER_03]: but it makes me unguarant a little bit.

[00:26:15] [SPEAKER_03]: But I've had the good fortune of working with so many people.

[00:26:22] [SPEAKER_03]: And there was two people that commented on LinkedIn

[00:26:24] [SPEAKER_03]: that were just like, never in please,

[00:26:28] [SPEAKER_03]: but partners or work that Cisco,

[00:26:31] [SPEAKER_03]: work that North tell whatever,

[00:26:34] [SPEAKER_03]: and commented about how satisfying it must be

[00:26:44] [SPEAKER_03]: to have seen it off and to be in it with,

[00:26:49] [SPEAKER_03]: it was a pretty good financial success for our shareholders.

[00:26:54] [SPEAKER_03]: But the satisfying in the hardest part

[00:26:56] [SPEAKER_03]: all at the same time was we employed so many people

[00:26:59] [SPEAKER_03]: over the years but came through at the peak when we had

[00:27:06] [SPEAKER_03]: the staffing business and everything else we had,

[00:27:12] [SPEAKER_03]: close to 400 people.

[00:27:14] [SPEAKER_03]: Some of whom I never met,

[00:27:16] [SPEAKER_03]: and that was the weirdest one you get that,

[00:27:17] [SPEAKER_03]: when you get that day and you got guys

[00:27:21] [SPEAKER_03]: and gals out in the field that you never meet

[00:27:24] [SPEAKER_03]: and you're better responsible for them.

[00:27:28] [SPEAKER_03]: And some of them in dangerous jobs, climate polls

[00:27:30] [SPEAKER_03]: and, you know, dealing with electrical work and stuff like that.

[00:27:33] [SPEAKER_03]: But I hate it not knowing them all,

[00:27:36] [SPEAKER_03]: but when you think about even just,

[00:27:39] [SPEAKER_03]: you know, in a steady state of 60 or 80 people

[00:27:41] [SPEAKER_03]: and this sort of churn that happens over the years

[00:27:44] [SPEAKER_03]: and over 25 years I mean,

[00:27:47] [SPEAKER_03]: I wish I knew the number but it's gotta be,

[00:27:51] [SPEAKER_03]: you know, 600, 700 people that came in one over time.

[00:27:55] [SPEAKER_03]: So you get realized that you have an opportunity

[00:27:57] [SPEAKER_03]: to really influence people's lives

[00:27:58] [SPEAKER_03]: and I wish I thought about that a lot more

[00:28:01] [SPEAKER_03]: when I was younger in my 30s,

[00:28:03] [SPEAKER_03]: but I was probably more self-absorbed

[00:28:05] [SPEAKER_03]: and trying to build my kingdom,

[00:28:07] [SPEAKER_03]: you know, you're still focused on the business

[00:28:09] [SPEAKER_03]: that it's easy to forget how much impact

[00:28:11] [SPEAKER_03]: you have when people's lives.

[00:28:13] [SPEAKER_03]: And I'll look at some of these young kids

[00:28:14] [SPEAKER_03]: that started with us back in the days

[00:28:18] [SPEAKER_03]: when all we did was door-tell stuff.

[00:28:19] [SPEAKER_03]: There was, I mean, we had a group of these young maniacs

[00:28:22] [SPEAKER_03]: that would just fly around the country

[00:28:24] [SPEAKER_03]: and they were wild men or you know,

[00:28:26] [SPEAKER_03]: and the coolest part was I would get the go-out on sites

[00:28:28] [SPEAKER_03]: with them sometimes meet them out of jobs sites

[00:28:30] [SPEAKER_03]: or whatever, just hang out with them

[00:28:32] [SPEAKER_03]: and, I mean, how they were 1920, 20, 20 years old,

[00:28:36] [SPEAKER_03]: couldn't get cars, you know, couldn't rent some cars

[00:28:38] [SPEAKER_03]: because it's really, really good.

[00:28:39] [SPEAKER_03]: So that stuff,

[00:28:42] [SPEAKER_03]: and what's mind-blowing is,

[00:28:46] [SPEAKER_03]: now I look at some of these guys

[00:28:48] [SPEAKER_03]: or running businesses at places like Cisco

[00:28:51] [SPEAKER_03]: or Axis that came with guys.

[00:28:54] [SPEAKER_03]: I mean, they've gone on some amazing careers

[00:28:58] [SPEAKER_03]: and it's like the thing

[00:28:59] [SPEAKER_03]: that you had a little partner is kinda cool.

[00:29:03] [SPEAKER_00]: Yeah, I couldn't agree more if there's some way ahead.

[00:29:06] [SPEAKER_00]: Yeah, it's easy to keep score on revenue

[00:29:08] [SPEAKER_00]: or profit or EBITDA but impact.

[00:29:12] [SPEAKER_03]: I guess that's the point, right?

[00:29:13] [SPEAKER_03]: As you don't keep score.

[00:29:14] [SPEAKER_03]: If you keep in score like people who keep score

[00:29:17] [SPEAKER_03]: who could tell you like exactly what that number is

[00:29:20] [SPEAKER_03]: or whatever, it's usually for themselves.

[00:29:26] [SPEAKER_03]: Like, and if you're truly keeping score

[00:29:31] [SPEAKER_03]: that way, no, I don't know that you can have

[00:29:36] [SPEAKER_03]: that kind of impact, right?

[00:29:37] [SPEAKER_03]: Because then you're also trying to figure out

[00:29:40] [SPEAKER_03]: what they're doing for you.

[00:29:43] [SPEAKER_03]: And I worked for this crazy guy for a while.

[00:29:49] [SPEAKER_03]: And he used to say, if I gotta put the whole lot of y'all

[00:29:52] [SPEAKER_03]: in my back and drag y'all, do it.

[00:29:54] [SPEAKER_03]: But if I catch you dragging your damn foot in the sand,

[00:29:57] [SPEAKER_03]: all if you go, right?

[00:29:58] [SPEAKER_03]: And I think that's gotta be the mentality, right?

[00:30:01] [SPEAKER_03]: He's like, let's go do this and I'll carry you,

[00:30:04] [SPEAKER_03]: you carry me.

[00:30:05] [SPEAKER_03]: Whatever's gotta carry it today, do it

[00:30:07] [SPEAKER_03]: but just don't hold us back, right?

[00:30:10] [SPEAKER_03]: And if you're keeping score on the personal stuff,

[00:30:17] [SPEAKER_03]: I don't know that you, I know that's one thing

[00:30:21] [SPEAKER_03]: my wife and I talk about is we keep score too much.

[00:30:24] [SPEAKER_03]: You know, in our marriage, right?

[00:30:26] [SPEAKER_03]: It's not a healthy habit, right?

[00:30:28] [SPEAKER_03]: We're always trying to forget what score is

[00:30:31] [SPEAKER_03]: that's not the secret to longevity.

[00:30:32] [SPEAKER_03]: I've been fortunate to be married all this time.

[00:30:35] [SPEAKER_03]: She's been through this all day and crazy ride.

[00:30:40] [SPEAKER_03]: So, that's a whole chapter in a book onto itself

[00:30:44] [SPEAKER_03]: as the only thing more civilian and entrepreneurs

[00:30:47] [SPEAKER_03]: being the wife of an entrepreneur.

[00:30:48] [SPEAKER_00]: Being married to me?

[00:30:50] [SPEAKER_00]: Yeah, that's right.

[00:30:51] [SPEAKER_00]: Yeah, I'm sure my wife would come in right now.

[00:30:53] [SPEAKER_00]: I'm sure this is your own.

[00:30:55] [SPEAKER_03]: That's not for the fate of art.

[00:30:57] [SPEAKER_03]: I mean, I remember the first question when I said

[00:31:00] [SPEAKER_03]: we were buying the company.

[00:31:01] [SPEAKER_03]: She said, what happens if there's not enough money

[00:31:04] [SPEAKER_03]: for a check?

[00:31:05] [SPEAKER_03]: Well, then we won't get one.

[00:31:06] [SPEAKER_00]: Yeah, it's pretty clear.

[00:31:09] [SPEAKER_03]: Yeah, yeah, yeah.

[00:31:10] [SPEAKER_03]: I thought of a self-evident.

[00:31:12] [SPEAKER_03]: She didn't like the answer anymore.

[00:31:14] [SPEAKER_03]: She didn't like that answer anymore today either.

[00:31:17] [SPEAKER_03]: And it still happens from time to time.

[00:31:20] [SPEAKER_03]: Man, when things are lean and you're asking people

[00:31:22] [SPEAKER_03]: that you're asking people to cut,

[00:31:24] [SPEAKER_03]: that was another time.

[00:31:25] [SPEAKER_03]: I got a lot of letters and none of them had.

[00:31:29] [SPEAKER_03]: When it's a look, we got to tighten our belt

[00:31:32] [SPEAKER_03]: through the same work and we got to make some changes.

[00:31:36] [SPEAKER_03]: And I was fortunate that my CEO,

[00:31:39] [SPEAKER_03]: oh, my CEO, myself went to zero pay for various links

[00:31:44] [SPEAKER_03]: at time for two of us.

[00:31:45] [SPEAKER_03]: We went to an half months before Christmas.

[00:31:50] [SPEAKER_03]: Not really like the best time of year to tell you

[00:31:52] [SPEAKER_03]: why I have to go lean for a while.

[00:31:56] [SPEAKER_03]: But you know, you can't ask everybody else

[00:32:02] [SPEAKER_03]: to take even a little bit of a haircut

[00:32:04] [SPEAKER_03]: if you're not willing to eat your own dog food.

[00:32:07] [SPEAKER_03]: So it's so good.

[00:32:09] [SPEAKER_03]: When you do, that's the most amazing part

[00:32:11] [SPEAKER_03]: and for anybody who's out there who hasn't been there,

[00:32:16] [SPEAKER_03]: I hope you never are, but just about every great story

[00:32:20] [SPEAKER_03]: I've ever seen as one or two chapters

[00:32:23] [SPEAKER_03]: where they were looking into the abyss.

[00:32:26] [SPEAKER_03]: Because you really start to figure out

[00:32:28] [SPEAKER_03]: who you are, I can't remember the great line from Wall Street,

[00:32:31] [SPEAKER_03]: but something about one man looks into the abyss.

[00:32:34] [SPEAKER_03]: And that is really when you find out who you are

[00:32:35] [SPEAKER_03]: and you find out who your friends are

[00:32:37] [SPEAKER_03]: and you find out who's with you.

[00:32:40] [SPEAKER_03]: So as long as you do the right thing

[00:32:44] [SPEAKER_03]: and even better if you do the right thing times 10,

[00:32:47] [SPEAKER_03]: other people jump with you.

[00:32:50] [SPEAKER_00]: Yeah.

[00:32:52] [SPEAKER_00]: How do I wanna kind of frame it this way?

[00:32:54] [SPEAKER_00]: How did you go from one point you took the business

[00:32:57] [SPEAKER_00]: from 14 to 28 million in revenue

[00:33:00] [SPEAKER_00]: and you went from losing to having a $3 million profit, right?

[00:33:05] [SPEAKER_00]: So that's the time where it seems like you can't do any wrong.

[00:33:09] [SPEAKER_00]: If I understand yet, at one point

[00:33:10] [SPEAKER_00]: I'm probably gonna play these maybe 400 employees

[00:33:14] [SPEAKER_00]: adding like three to five clients a week.

[00:33:16] [SPEAKER_00]: A lot of people had that in a year.

[00:33:19] [SPEAKER_00]: And then, you know, whether it's 2008,

[00:33:21] [SPEAKER_00]: whether it's COVID, whether it's just life and business.

[00:33:26] [SPEAKER_00]: You know, how did you manage the roller coaster

[00:33:29] [SPEAKER_00]: or the mineral roller coaster?

[00:33:34] [SPEAKER_03]: That implied that's a loaded question

[00:33:36] [SPEAKER_03]: with the law school for a little while.

[00:33:40] [SPEAKER_03]: The implication in that question

[00:33:42] [SPEAKER_03]: be that from my conscience,

[00:33:45] [SPEAKER_03]: dropped out of that real fast.

[00:33:47] [SPEAKER_03]: The implication and that question is

[00:33:49] [SPEAKER_03]: that I did manage the emotional roller coaster.

[00:33:52] [SPEAKER_03]: I guess if Tito's in food or managing it,

[00:33:55] [SPEAKER_03]: I did a great job.

[00:33:58] [SPEAKER_03]: I would have, everybody should have been buying Tito's stock.

[00:34:01] [SPEAKER_03]: I joined a lot of other people during the pandemic

[00:34:04] [SPEAKER_03]: and indulging too much probably.

[00:34:08] [SPEAKER_03]: We, at that time, there were roughly six businesses

[00:34:18] [SPEAKER_03]: under the under the holding company

[00:34:20] [SPEAKER_03]: when we reversed merged into this public entity,

[00:34:24] [SPEAKER_03]: which found myself in the situation,

[00:34:27] [SPEAKER_03]: I found myself in a situation I had never been in before.

[00:34:33] [SPEAKER_03]: And ultimately, that I'm to blame for it.

[00:34:36] [SPEAKER_03]: There's a whole bunch of factors, but

[00:34:40] [SPEAKER_00]: it's gonna relate to that.

[00:34:41] [SPEAKER_03]: Yeah, it's just easier to just, you know, own it and say,

[00:34:48] [SPEAKER_03]: you know, overestimated my own capabilities,

[00:34:51] [SPEAKER_03]: overestimated capabilities of those around me,

[00:34:54] [SPEAKER_03]: trusted some people.

[00:34:55] [SPEAKER_03]: I shouldn't have trusted all of those things,

[00:34:57] [SPEAKER_03]: but all falls on me.

[00:34:59] [SPEAKER_03]: So I think they're coming to stake,

[00:35:01] [SPEAKER_03]: so it doesn't excuse them, we all may come

[00:35:05] [SPEAKER_03]: and it would've been easy to just say at that point.

[00:35:09] [SPEAKER_03]: Well, it was me, he's again this is all in the midst

[00:35:11] [SPEAKER_03]: of COVID, so now that deal closed in June of 20 more.

[00:35:15] [SPEAKER_03]: We were working on it, that's why I was in New York,

[00:35:18] [SPEAKER_03]: actually, and then I backed out,

[00:35:19] [SPEAKER_03]: you know, I just walked away from it for a little while

[00:35:21] [SPEAKER_03]: and it came back around.

[00:35:23] [SPEAKER_03]: And in early 21, we had consummated the deal.

[00:35:26] [SPEAKER_03]: We were just waiting for some regulatory things

[00:35:29] [SPEAKER_03]: to happen for us to close the deal.

[00:35:32] [SPEAKER_03]: So I had like six businesses working under that umbrella

[00:35:34] [SPEAKER_03]: and pretty good management team,

[00:35:38] [SPEAKER_03]: couple, you know, in hindsight, a couple of folks,

[00:35:40] [SPEAKER_03]: I think could have been better.

[00:35:43] [SPEAKER_03]: What we had to do if you were looking at,

[00:35:47] [SPEAKER_03]: so we got some PPP funds,

[00:35:49] [SPEAKER_03]: so it had a bit of a cushion,

[00:35:52] [SPEAKER_03]: but it was still this indefinite,

[00:35:54] [SPEAKER_03]: like when is this gonna end

[00:35:56] [SPEAKER_03]: because the commonality amongst almost all of those businesses,

[00:36:00] [SPEAKER_03]: but the exception of the cyber was that

[00:36:03] [SPEAKER_03]: it required people to go on site and install things

[00:36:06] [SPEAKER_03]: in offices, right?

[00:36:08] [SPEAKER_03]: Like, no, I mean, fast forward 20 years,

[00:36:12] [SPEAKER_03]: somebody's seeing this,

[00:36:13] [SPEAKER_03]: they're gonna be like what the hell's in office, right?

[00:36:15] [SPEAKER_03]: I mean, at that time,

[00:36:17] [SPEAKER_03]: there's nobody going to office.

[00:36:19] [SPEAKER_03]: So, and then you couldn't get hardware.

[00:36:22] [SPEAKER_03]: There was no equipment.

[00:36:24] [SPEAKER_03]: So it was like, what in the name of God is next?

[00:36:30] [SPEAKER_03]: And stuff that I had never had to deal with before,

[00:36:34] [SPEAKER_03]: at this magnitude, right?

[00:36:35] [SPEAKER_03]: I mean, it's not, it was not an herd of

[00:36:37] [SPEAKER_03]: to have a shortage of access points for a job,

[00:36:41] [SPEAKER_03]: but it was unheard of to have an 18-month lead time

[00:36:46] [SPEAKER_03]: on access points for a job.

[00:36:48] [SPEAKER_03]: And so we had to start looking at supply chains differently

[00:36:50] [SPEAKER_03]: and starting to figure things out staffing differently.

[00:36:55] [SPEAKER_03]: So what we did was we focused on

[00:36:57] [SPEAKER_03]: what businesses could benefit from these circumstances

[00:37:02] [SPEAKER_03]: and the staffing business was the one that could benefit

[00:37:06] [SPEAKER_03]: because it's counter cyclical.

[00:37:09] [SPEAKER_03]: And as other people were trying to get lean

[00:37:11] [SPEAKER_03]: and get rid of full time and augment

[00:37:14] [SPEAKER_03]: the staffing business could benefit.

[00:37:16] [SPEAKER_03]: So we started finding new things

[00:37:18] [SPEAKER_03]: that we could staff into

[00:37:19] [SPEAKER_03]: because we had the tools and everything for it.

[00:37:22] [SPEAKER_03]: And then we found new customers in existing,

[00:37:26] [SPEAKER_03]: in existing verticals,

[00:37:29] [SPEAKER_03]: in then we found because of the nature

[00:37:31] [SPEAKER_03]: of the customers we were selling into.

[00:37:32] [SPEAKER_03]: They were teach telecom companies,

[00:37:34] [SPEAKER_03]: huge service providers,

[00:37:38] [SPEAKER_03]: new contacts within there.

[00:37:41] [SPEAKER_03]: And one after a few different segments of business

[00:37:43] [SPEAKER_03]: and new territories.

[00:37:46] [SPEAKER_03]: And then we fixed them out.

[00:37:48] [SPEAKER_03]: And then we worked on the pricing

[00:37:51] [SPEAKER_03]: because we could see cost were inflating very quickly.

[00:37:55] [SPEAKER_03]: Like things were getting weird.

[00:37:58] [SPEAKER_03]: And so we got very focused on the numbers.

[00:38:00] [SPEAKER_03]: So that business exploded relatively quickly

[00:38:04] [SPEAKER_03]: and was carrying the day

[00:38:06] [SPEAKER_03]: and keeping us modeling along.

[00:38:08] [SPEAKER_03]: The problem that we had in that entirety

[00:38:10] [SPEAKER_03]: of the ecosystem that made life miserable,

[00:38:14] [SPEAKER_03]: cost to capital was in 12 months

[00:38:17] [SPEAKER_03]: cost of capital quadrupled.

[00:38:19] [SPEAKER_00]: Like yeah.

[00:38:21] [SPEAKER_03]: In no time in my lifetime,

[00:38:24] [SPEAKER_03]: my adult lifetime has ever happened, right?

[00:38:27] [SPEAKER_03]: The last time something like that

[00:38:29] [SPEAKER_03]: was a 70s and seeing debt in the teens

[00:38:33] [SPEAKER_03]: was like what the hell.

[00:38:35] [SPEAKER_03]: I mean, that was 2%.

[00:38:38] [SPEAKER_03]: So all of the sudden things went paywire.

[00:38:42] [SPEAKER_03]: So we just got laser focused on that business

[00:38:45] [SPEAKER_03]: but we shot a cap table that was so screwed up.

[00:38:52] [SPEAKER_03]: And to some degree or another,

[00:38:54] [SPEAKER_03]: I think not everybody was candid about how friendly

[00:39:00] [SPEAKER_03]: all the players were.

[00:39:03] [SPEAKER_03]: The things that were said in the assurances

[00:39:05] [SPEAKER_03]: that were made that weren't followed through on

[00:39:07] [SPEAKER_03]: and things like that.

[00:39:09] [SPEAKER_03]: But mostly at the end of the day, again,

[00:39:11] [SPEAKER_03]: I accepted the responsibility

[00:39:14] [SPEAKER_03]: and I really should have understood a few things better

[00:39:19] [SPEAKER_03]: and not just people's intent, right?

[00:39:22] [SPEAKER_03]: And so some of these debt instruments

[00:39:24] [SPEAKER_03]: were really, really horrifically toxic with

[00:39:28] [SPEAKER_03]: there was, I think I had five cross-collateralized pieces

[00:39:33] [SPEAKER_03]: of debt that I inherited.

[00:39:36] [SPEAKER_03]: Which yeah, I mean, oh my god, what a mess that was.

[00:39:39] [SPEAKER_03]: And a lot of it was convertible.

[00:39:41] [SPEAKER_03]: And what I didn't truly understand is they didn't actually

[00:39:43] [SPEAKER_03]: want to be paid.

[00:39:44] [SPEAKER_03]: They wanted to trade it out.

[00:39:46] [SPEAKER_03]: That was the game and they would make five or 10 times

[00:39:49] [SPEAKER_03]: more money trading it out.

[00:39:53] [SPEAKER_03]: And then I was so naive, I didn't understand

[00:39:54] [SPEAKER_03]: we needed investment bankers to raise a pipe.

[00:39:58] [SPEAKER_03]: Turns out we went out and a cold-called shareholders.

[00:40:03] [SPEAKER_03]: And I started a literally historical calling.

[00:40:06] [SPEAKER_03]: If you're finding them on Facebook, finding contact information

[00:40:09] [SPEAKER_03]: for people who had for some reason

[00:40:11] [SPEAKER_03]: or have been buying a lot of large amounts of shares

[00:40:13] [SPEAKER_03]: in this company even before we reverse merch into it

[00:40:17] [SPEAKER_03]: and then convincing them to invest in a different way.

[00:40:22] [SPEAKER_03]: And they would pay those people off.

[00:40:24] [SPEAKER_03]: At least, I mean, some significant steps forward

[00:40:25] [SPEAKER_03]: and we sold that staffing business

[00:40:27] [SPEAKER_03]: which got rid of most of the raster, that toxic stuff.

[00:40:32] [SPEAKER_03]: And but the cost for us, the challenge throughout all of this

[00:40:35] [SPEAKER_03]: was a cost of capital was still ridiculous.

[00:40:37] [SPEAKER_03]: I high, the cost of being a microcap is in the public space

[00:40:41] [SPEAKER_03]: is ridiculous.

[00:40:42] [SPEAKER_03]: It's in the millions annually.

[00:40:43] [SPEAKER_03]: One year, 1.5 to 1.7 million.

[00:40:45] [SPEAKER_03]: It's crazy stuff.

[00:40:49] [SPEAKER_03]: And you can't run even a $20 million.

[00:40:53] [SPEAKER_03]: And at that time, what all businesses together

[00:40:55] [SPEAKER_03]: at the peak of that staffing business

[00:40:57] [SPEAKER_03]: we had done, we did 55 million collectively

[00:41:05] [SPEAKER_03]: in 58 million collectively and 23.

[00:41:08] [SPEAKER_03]: And the $20 million to 23, we would have done 85 million.

[00:41:16] [SPEAKER_03]: So it was, we were growing them,

[00:41:18] [SPEAKER_03]: we were doing all the right things

[00:41:19] [SPEAKER_03]: but the cost of capital was consuming the profits

[00:41:22] [SPEAKER_03]: and then what wasn't being consumed was a cost of being public.

[00:41:28] [SPEAKER_03]: So it just was not, there really wasn't a way out

[00:41:32] [SPEAKER_03]: but to grow, right?

[00:41:34] [SPEAKER_03]: Like you couldn't cut your way out of it,

[00:41:35] [SPEAKER_03]: we couldn't do any other things.

[00:41:38] [SPEAKER_03]: So when it came down the how you do it

[00:41:40] [SPEAKER_03]: or what you do, it's what can we sell to our customers?

[00:41:45] [SPEAKER_03]: What do our partners need?

[00:41:47] [SPEAKER_03]: What can we do for them that we're not doing

[00:41:50] [SPEAKER_03]: with modest investment?

[00:41:52] [SPEAKER_03]: Because all the while, here we've got this cyber business

[00:41:55] [SPEAKER_03]: that's growing like 100% year over year.

[00:41:59] [SPEAKER_03]: It's not profitable and it's not going to be profitable

[00:42:02] [SPEAKER_03]: for another couple of years that not today

[00:42:05] [SPEAKER_03]: but as you're going through this,

[00:42:06] [SPEAKER_03]: like it's not going to be profitable for a long time

[00:42:09] [SPEAKER_03]: because we're building it very specifically

[00:42:11] [SPEAKER_03]: for a purpose.

[00:42:13] [SPEAKER_03]: So how do I keep investing in that keep going

[00:42:18] [SPEAKER_03]: or do you cut it off?

[00:42:19] [SPEAKER_03]: Like several times, a couple of people said drop it

[00:42:22] [SPEAKER_03]: and I said, that is the future of the business.

[00:42:25] [SPEAKER_03]: That thing is worth more than all

[00:42:27] [SPEAKER_03]: of the other things combined if we get to break even

[00:42:32] [SPEAKER_03]: and God forbid profitability, right?

[00:42:35] [SPEAKER_03]: You start talking to the salt.

[00:42:37] [SPEAKER_03]: So we just believed in that so much

[00:42:42] [SPEAKER_03]: that we were willing to keep doing whatever we had to do.

[00:42:47] [SPEAKER_03]: But we just kept focusing on how to manage

[00:42:49] [SPEAKER_03]: through sometimes the day, sometimes the week,

[00:42:52] [SPEAKER_03]: sometimes the month, depending on the situation

[00:42:56] [SPEAKER_03]: and keeps selling, right?

[00:42:58] [SPEAKER_03]: Never stop selling and never stop delivering

[00:43:00] [SPEAKER_03]: for the customer and then doing all that,

[00:43:03] [SPEAKER_03]: we got to this place now personally.

[00:43:06] [SPEAKER_03]: It's okay, huge so long, I,

[00:43:09] [SPEAKER_03]: because you hit on it.

[00:43:12] [SPEAKER_03]: It's a long time to do it generally speaking

[00:43:14] [SPEAKER_03]: but then just grinding through the last few years

[00:43:19] [SPEAKER_03]: and the constant state of stress

[00:43:24] [SPEAKER_03]: of a, you know, a got to make payroll, gotta get,

[00:43:27] [SPEAKER_03]: whatever, we'll have to door needs cash today

[00:43:29] [SPEAKER_03]: to keep the lights on.

[00:43:31] [SPEAKER_03]: God, I believe in this thing enough

[00:43:32] [SPEAKER_03]: to keep investing in this thing that I know is gonna be

[00:43:35] [SPEAKER_03]: losing money for a long time.

[00:43:38] [SPEAKER_03]: Gotta get, you know, still got a wife, kids,

[00:43:43] [SPEAKER_03]: you know, one having real serious issues.

[00:43:46] [SPEAKER_03]: The other not getting enough attention

[00:43:48] [SPEAKER_03]: because her brothers have serious issues and all that

[00:43:53] [SPEAKER_03]: puts a string on your relationships

[00:43:56] [SPEAKER_03]: and takes away from your focus

[00:43:57] [SPEAKER_03]: and takes away from your energy

[00:43:59] [SPEAKER_03]: and all those things.

[00:44:02] [SPEAKER_03]: So I don't know exactly how, you know what?

[00:44:06] [SPEAKER_03]: I know it's some actually when I turned 50

[00:44:08] [SPEAKER_03]: in my wife told me I was way too fat.

[00:44:11] [SPEAKER_03]: Uh, he took me away.

[00:44:14] [SPEAKER_03]: He took me out of the country to the Caribbean

[00:44:17] [SPEAKER_03]: for my birthday.

[00:44:18] [SPEAKER_03]: Then we got there and thought

[00:44:20] [SPEAKER_03]: that we were gonna have to come back that night.

[00:44:24] [SPEAKER_03]: I was looking at flights to come back

[00:44:25] [SPEAKER_03]: because I didn't think we were gonna make it through the weekend.

[00:44:28] [SPEAKER_03]: The company and I was trying to figure out how to break that

[00:44:31] [SPEAKER_03]: to her because I knew she put a lot of time

[00:44:33] [SPEAKER_03]: and energy into it.

[00:44:34] [SPEAKER_03]: But we did, we made it through that weekend

[00:44:36] [SPEAKER_03]: and that my suit did an amazing job,

[00:44:39] [SPEAKER_03]: put some stuff off and my wife gave me

[00:44:43] [SPEAKER_03]: a bit of a wake-up call about my health

[00:44:47] [SPEAKER_03]: and my gal show her.

[00:44:49] [SPEAKER_03]: As I got back on the health train

[00:44:52] [SPEAKER_03]: and all that and all I can say is,

[00:44:56] [SPEAKER_03]: again in the last two months,

[00:44:58] [SPEAKER_03]: it's like when you start to look back

[00:45:03] [SPEAKER_03]: I was walking and having an imaginary talk

[00:45:06] [SPEAKER_03]: with one of my mentors who's passed

[00:45:10] [SPEAKER_03]: thinking back on some crazy stuff

[00:45:12] [SPEAKER_03]: and laughing literally on the street laughing,

[00:45:15] [SPEAKER_03]: probably some people thought it was crazy.

[00:45:19] [SPEAKER_03]: But it was good stuff and I could,

[00:45:21] [SPEAKER_03]: the news there with me

[00:45:23] [SPEAKER_03]: and but you know just looking back

[00:45:24] [SPEAKER_03]: now with six-years or so to reflect.

[00:45:27] [SPEAKER_03]: A lot of things that we should have done better

[00:45:29] [SPEAKER_03]: than the coping business wise, I think he's there

[00:45:34] [SPEAKER_03]: but because you guys,

[00:45:37] [SPEAKER_03]: I should have really heated Jeff's advice

[00:45:42] [SPEAKER_03]: from the Mont Jeff who's out the quarkies

[00:45:46] [SPEAKER_03]: some bitch here on me.

[00:45:50] [SPEAKER_03]: Quark, he did a tune of 10's of millions of dollars

[00:45:52] [SPEAKER_03]: as well, I think success from software businesses and stuff

[00:45:58] [SPEAKER_03]: but he is very out front about his battles

[00:46:02] [SPEAKER_03]: with depression and mental health issues and things like that

[00:46:06] [SPEAKER_03]: and he always talks to other entrepreneurs

[00:46:08] [SPEAKER_03]: and he's talking me about it.

[00:46:11] [SPEAKER_03]: I didn't realize he knew he was seeing things

[00:46:14] [SPEAKER_03]: I probably wasn't which is why he was doing it.

[00:46:20] [SPEAKER_03]: You know, sometimes his entrepreneurs, CEOs,

[00:46:24] [SPEAKER_03]: whenever we don't ask for help, right?

[00:46:25] [SPEAKER_03]: Like everybody's always asking us for help

[00:46:28] [SPEAKER_03]: so you used to be in the guy giving help.

[00:46:30] [SPEAKER_03]: The hardest thing I learned that lesson hard

[00:46:32] [SPEAKER_03]: when I needed it in a family way

[00:46:35] [SPEAKER_03]: when our son was first started experiencing challenges

[00:46:40] [SPEAKER_03]: it was hard to actually accept help.

[00:46:42] [SPEAKER_03]: Like people came out of the woodwork

[00:46:45] [SPEAKER_03]: that they'd heard about it.

[00:46:46] [SPEAKER_03]: I don't even know how they heard most of them

[00:46:49] [SPEAKER_03]: and they like poured out with help

[00:46:53] [SPEAKER_03]: and I struggled with how to actually

[00:46:56] [SPEAKER_03]: accept it or handle it, right?

[00:46:59] [SPEAKER_03]: It was just weird because feeling helpless

[00:47:01] [SPEAKER_03]: was a real weird feeling.

[00:47:03] [SPEAKER_03]: I think he put up these walls and probably

[00:47:05] [SPEAKER_03]: so the railings I probably didn't cope with it

[00:47:07] [SPEAKER_03]: so I should have

[00:47:10] [SPEAKER_03]: and I probably should have listened to my friend Jeff

[00:47:13] [SPEAKER_03]: and I probably should have taken my own advice

[00:47:15] [SPEAKER_03]: that sometimes the voices you need to hear most

[00:47:17] [SPEAKER_03]: are the ones that you don't want to listen to.

[00:47:22] [SPEAKER_00]: So...

[00:47:22] [SPEAKER_00]: Yeah, well said, I think if you've been in a business

[00:47:27] [SPEAKER_00]: for more than a minute,

[00:47:30] [SPEAKER_00]: you're gonna have your own battles.

[00:47:31] [SPEAKER_00]: You're gonna get knocked down for sure.

[00:47:34] [SPEAKER_00]: Yeah, just love that you're sharing so openly

[00:47:39] [SPEAKER_00]: whether it's your time, whether it's your marriage

[00:47:42] [SPEAKER_00]: whether it's all the business.

[00:47:44] [SPEAKER_00]: And I think there's so many people that

[00:47:47] [SPEAKER_00]: it's easy to put it on a pedestal.

[00:47:50] [SPEAKER_00]: Like, you know, I can go like, hey,

[00:47:52] [SPEAKER_00]: let's see, you know,

[00:47:54] [SPEAKER_00]: see your end-to-out 500 and this has peed up it.

[00:47:57] [SPEAKER_00]: Like there's all these awards and accolades

[00:47:58] [SPEAKER_00]: and I'm taking any of them away

[00:47:59] [SPEAKER_00]: but there's so many people that think

[00:48:01] [SPEAKER_00]: they go, that's the life I want

[00:48:04] [SPEAKER_00]: and I don't know about you

[00:48:05] [SPEAKER_00]: but in the middle of it,

[00:48:06] [SPEAKER_00]: I'm often like, how trade with you?

[00:48:10] [SPEAKER_00]: That whole steady paycheck thing and not dealing with

[00:48:14] [SPEAKER_00]: so many people where you feel like,

[00:48:16] [SPEAKER_00]: I don't know about you but I felt like

[00:48:18] [SPEAKER_00]: I had to have the answer.

[00:48:20] [SPEAKER_00]: I felt this pressure where I was.

[00:48:21] [SPEAKER_00]: Yeah, I know.

[00:48:22] [SPEAKER_03]: You always feel like,

[00:48:29] [SPEAKER_03]: I think that's a trap

[00:48:31] [SPEAKER_03]: and that's something else that my friend Jeff always talked about.

[00:48:35] [SPEAKER_03]: You know, you always...

[00:48:38] [SPEAKER_03]: I, as I got a little older

[00:48:40] [SPEAKER_03]: and maybe a little slower,

[00:48:44] [SPEAKER_03]: I guess, you know, like the think

[00:48:48] [SPEAKER_03]: I could try to fool myself in the thinking

[00:48:52] [SPEAKER_03]: that I'm as quick-witted

[00:48:54] [SPEAKER_03]: and light on my feet as I was 20 years ago

[00:48:57] [SPEAKER_03]: but I'm not.

[00:48:58] [SPEAKER_03]: And I need any time

[00:49:00] [SPEAKER_03]: and I got away from,

[00:49:02] [SPEAKER_03]: as I got into my mid 40s

[00:49:06] [SPEAKER_03]: and got the business set up

[00:49:08] [SPEAKER_03]: in a way where it functioned better without me

[00:49:13] [SPEAKER_03]: because it was always overestimated

[00:49:16] [SPEAKER_03]: my importance to it.

[00:49:17] [SPEAKER_04]: When I was young,

[00:49:20] [SPEAKER_03]: and I had another good friend who always used to say,

[00:49:23] [SPEAKER_03]: you just thought that important to...

[00:49:26] [SPEAKER_03]: And he meant it

[00:49:28] [SPEAKER_03]: and the nicest way, right?

[00:49:29] [SPEAKER_03]: It's just a reminder.

[00:49:32] [SPEAKER_03]: And so when I,

[00:49:34] [SPEAKER_03]: when I had the business is functioning well

[00:49:38] [SPEAKER_03]: and you had the right teams in place

[00:49:43] [SPEAKER_03]: in all I had to worry about was to release this EOS system,

[00:49:47] [SPEAKER_03]: the entrepreneurial operating system.

[00:49:49] [SPEAKER_03]: It was a best thing.

[00:49:49] [SPEAKER_03]: In 2017, it stumbled into that.

[00:49:51] [SPEAKER_03]: It was a best thing that ever happened to us.

[00:49:55] [SPEAKER_03]: We got away from it.

[00:49:56] [SPEAKER_03]: I mean, we were kind of using it

[00:49:57] [SPEAKER_03]: but not really practicing it, right?

[00:50:02] [SPEAKER_03]: In during COVID

[00:50:03] [SPEAKER_03]: and there's everything was a constant crisis.

[00:50:05] [SPEAKER_03]: But as we got that functioning,

[00:50:16] [SPEAKER_03]: I started to understand how important

[00:50:20] [SPEAKER_03]: time away was.

[00:50:23] [SPEAKER_03]: And for me and some people think this is weird,

[00:50:28] [SPEAKER_03]: but at first,

[00:50:29] [SPEAKER_03]: at first I don't think that anyone

[00:50:32] [SPEAKER_03]: including my wife understood it,

[00:50:34] [SPEAKER_03]: the way I needed it.

[00:50:38] [SPEAKER_03]: But I started going to,

[00:50:39] [SPEAKER_03]: we had bought the house in Key West in 2014

[00:50:43] [SPEAKER_03]: or 15, something like that.

[00:50:46] [SPEAKER_03]: And then one, so when I got,

[00:50:49] [SPEAKER_03]: I bought the committee back in 2017,

[00:50:51] [SPEAKER_03]: like every 90 days or so,

[00:50:53] [SPEAKER_03]: I would just go down there and take customers

[00:50:56] [SPEAKER_03]: or if I was gonna do for a gonna do an acquisition

[00:50:58] [SPEAKER_03]: or a key hire.

[00:50:59] [SPEAKER_03]: I always took them down there

[00:51:00] [SPEAKER_03]: because they can't hide

[00:51:02] [SPEAKER_03]: whatever weirdness they have within them

[00:51:04] [SPEAKER_03]: for more than a day or two down there,

[00:51:06] [SPEAKER_03]: eventually it'll come out.

[00:51:07] [SPEAKER_03]: And I just wanted to know who they were.

[00:51:09] [SPEAKER_03]: Like I really wanted to know

[00:51:10] [SPEAKER_03]: if it was an important decision to do that work.

[00:51:12] [SPEAKER_03]: But I would go down there and spend the day by myself

[00:51:15] [SPEAKER_03]: because the coolest part about that place

[00:51:17] [SPEAKER_03]: is it's everybody's crazy

[00:51:19] [SPEAKER_03]: and it's just weird and nuts.

[00:51:22] [SPEAKER_03]: So whatever, so it doesn't matter who you are.

[00:51:24] [SPEAKER_03]: There's lots of really, really wealthy people down there.

[00:51:27] [SPEAKER_03]: There's lots of really, really poor people

[00:51:29] [SPEAKER_03]: and pretty much defy to tell the difference.

[00:51:35] [SPEAKER_03]: Other than maybe, whether or not they've shawered recently,

[00:51:38] [SPEAKER_03]: but in that kind of general he can tell.

[00:51:42] [SPEAKER_03]: So he, but I would go down there

[00:51:43] [SPEAKER_03]: and just like kind of be by myself for a day or so.

[00:51:46] [SPEAKER_03]: And I like being by the ocean.

[00:51:49] [SPEAKER_03]: I like just being not even to be anybody

[00:51:54] [SPEAKER_03]: and not have to answer anybody's questions

[00:51:56] [SPEAKER_03]: or whatever.

[00:51:59] [SPEAKER_03]: And then if you don't take that time for yourself,

[00:52:02] [SPEAKER_03]: if you're not caring for yourself,

[00:52:05] [SPEAKER_03]: I will tell you the last few years,

[00:52:06] [SPEAKER_03]: I was not the best version of myself

[00:52:08] [SPEAKER_03]: because I was not doing the things

[00:52:11] [SPEAKER_03]: that I knew made me good.

[00:52:16] [SPEAKER_03]: And by not doing that for me,

[00:52:20] [SPEAKER_03]: I probably was not doing the best service

[00:52:23] [SPEAKER_03]: to others that I could have

[00:52:25] [SPEAKER_03]: and have already seen in the last 60 days,

[00:52:30] [SPEAKER_03]: how much better I am,

[00:52:32] [SPEAKER_03]: how much more effective I am

[00:52:33] [SPEAKER_03]: and how much I can accomplish in half the time

[00:52:37] [SPEAKER_03]: because I'm taking the time

[00:52:39] [SPEAKER_03]: and being on a polygetic about it

[00:52:41] [SPEAKER_03]: to golf in the morning or to do it when I want to do it

[00:52:46] [SPEAKER_03]: and set my schedule back to blocks of time

[00:52:49] [SPEAKER_03]: that work for me.

[00:52:50] [SPEAKER_03]: And the block is over, I'm done.

[00:52:53] [SPEAKER_03]: I'm not doing that thing anymore,

[00:52:57] [SPEAKER_03]: even if it's not complete.

[00:53:00] [SPEAKER_03]: I'll deal with it.

[00:53:01] [SPEAKER_03]: And most of what I have to work on

[00:53:02] [SPEAKER_03]: doesn't have to be done by this minute.

[00:53:06] [SPEAKER_03]: So and that's by design because we're back to,

[00:53:09] [SPEAKER_03]: we've got the right teams and the places

[00:53:12] [SPEAKER_03]: where we're not right will be right

[00:53:14] [SPEAKER_03]: that are really next Monday.

[00:53:17] [SPEAKER_03]: So which is a huge,

[00:53:19] [SPEAKER_03]: like I'm gonna be like the happiest guy on earth

[00:53:21] [SPEAKER_03]: because I've got the best people in the world

[00:53:23] [SPEAKER_03]: to work with on Monday and good people

[00:53:28] [SPEAKER_03]: and awesome what they do.

[00:53:30] [SPEAKER_03]: And bolstered a couple of week spots

[00:53:32] [SPEAKER_03]: and I'm replacing myself, I fire myself

[00:53:34] [SPEAKER_03]: basically in a day to day roll

[00:53:36] [SPEAKER_03]: and I get to go work with customers

[00:53:37] [SPEAKER_03]: and that's the coolest part of the job.

[00:53:42] [SPEAKER_00]: That's awesome.

[00:53:42] [SPEAKER_00]: That's like your Zona genius here.

[00:53:44] [SPEAKER_03]: It's my fastball, right?

[00:53:46] [SPEAKER_03]: Like one of my shareholders asked me

[00:53:47] [SPEAKER_03]: what's your fastball?

[00:53:49] [SPEAKER_03]: Mm-hmm.

[00:53:49] [SPEAKER_03]: So I like the details

[00:53:50] [SPEAKER_03]: and he said I can hire operators all day long.

[00:53:53] [SPEAKER_03]: We can find the best operators who want you just gotta pay them.

[00:53:57] [SPEAKER_03]: And it's hard to find people who can go out

[00:54:01] [SPEAKER_03]: and I get to talk to the employees

[00:54:02] [SPEAKER_03]: and more too, which is awesome

[00:54:03] [SPEAKER_03]: because they know I don't do the hiring and firing.

[00:54:07] [SPEAKER_03]: When you fall back to the EOS parlance

[00:54:09] [SPEAKER_03]: you fall back to the visionary role

[00:54:11] [SPEAKER_03]: and not the integrator, you don't hire anybody.

[00:54:14] [SPEAKER_03]: He asked what they talked to you.

[00:54:15] [SPEAKER_03]: They talk real like then and you're not,

[00:54:18] [SPEAKER_03]: you don't have to be their boss, right?

[00:54:19] [SPEAKER_03]: And they respect you.

[00:54:20] [SPEAKER_03]: They know like you're still like the CEO or whatever,

[00:54:24] [SPEAKER_03]: but you get to be like the chief people got high too

[00:54:28] [SPEAKER_03]: and then you can truly have meaningful conversations

[00:54:30] [SPEAKER_03]: with them and figure out what's wrong.

[00:54:32] [SPEAKER_03]: And oftentimes when you talk to them about the personal stuff

[00:54:34] [SPEAKER_03]: that's when you find out what's really bugging them

[00:54:36] [SPEAKER_03]: was really bugging them at work

[00:54:37] [SPEAKER_03]: and what the real issue is as opposed to like

[00:54:40] [SPEAKER_03]: there always point to that one thing

[00:54:42] [SPEAKER_03]: and that thing is always like,

[00:54:44] [SPEAKER_03]: I can fix that thing but then it'll be like another thing

[00:54:46] [SPEAKER_03]: and it's usually like something more

[00:54:48] [SPEAKER_03]: in the dynamics of the team.

[00:54:51] [SPEAKER_03]: And you start to figure out if the team's dysfunctional

[00:54:55] [SPEAKER_03]: those little things don't matter.

[00:54:57] [SPEAKER_00]: I wanna get to the people part for a moment

[00:54:59] [SPEAKER_00]: which is, you know, I love what you talked about Key West

[00:55:02] [SPEAKER_00]: like you bring everybody down there

[00:55:04] [SPEAKER_00]: and everybody's crazy

[00:55:05] [SPEAKER_00]: and I also love the part where you said,

[00:55:08] [SPEAKER_00]: you know after a couple of days

[00:55:09] [SPEAKER_00]: spend some time yourself just by yourself

[00:55:12] [SPEAKER_00]: but also after a couple of days like they come out

[00:55:14] [SPEAKER_00]: you get to know them

[00:55:16] [SPEAKER_00]: and I love that you're doing that with any key hire.

[00:55:20] [SPEAKER_00]: But I feel like there's this huge part of you

[00:55:23] [SPEAKER_00]: that just loves coaching people,

[00:55:27] [SPEAKER_00]: loves helping people,

[00:55:30] [SPEAKER_00]: seeing them thrive and succeed.

[00:55:33] [SPEAKER_00]: So tell me, you know,

[00:55:34] [SPEAKER_00]: like everything you told me was sure it was your story

[00:55:38] [SPEAKER_00]: but I feel like most of it was colored through

[00:55:40] [SPEAKER_00]: how do I take care of my team

[00:55:42] [SPEAKER_00]: and I can relate to that so much.

[00:55:43] [SPEAKER_00]: So what drives you to do that work?

[00:55:49] [SPEAKER_03]: I don't spend a lot of time

[00:55:56] [SPEAKER_03]: I'm trying to learn to ask why in a different context

[00:56:01] [SPEAKER_03]: but it's interesting to you ask for that

[00:56:03] [SPEAKER_03]: because I don't spend a lot of time thinking about

[00:56:08] [SPEAKER_03]: why I want to do that as much as

[00:56:16] [SPEAKER_03]: when I'm thinking about why now,

[00:56:19] [SPEAKER_03]: I want to know the why for other people

[00:56:21] [SPEAKER_03]: like why do you want to do this?

[00:56:23] [SPEAKER_03]: Why that part in now

[00:56:26] [SPEAKER_03]: when I'm thinking about why

[00:56:27] [SPEAKER_03]: I think about it more in terms of

[00:56:30] [SPEAKER_03]: I read this book called The Untethered Soul

[00:56:32] [SPEAKER_03]: that somebody suggested for me

[00:56:34] [SPEAKER_03]: and it's interesting

[00:56:35] [SPEAKER_03]: it's like why am I reacting to this thing

[00:56:40] [SPEAKER_03]: or this action

[00:56:42] [SPEAKER_03]: as I've been a lot of talking about that

[00:56:43] [SPEAKER_03]: as far as why I enjoy seeing people succeed.

[00:56:52] [SPEAKER_03]: I don't spend a lot of time thinking about why

[00:56:55] [SPEAKER_03]: I just feel like I always played sports maybe

[00:57:00] [SPEAKER_03]: and it's just maybe something intrinsic,

[00:57:05] [SPEAKER_03]: it just makes me happy

[00:57:09] [SPEAKER_03]: like we had this kid

[00:57:13] [SPEAKER_03]: and like so many awesome experiences coaching kids

[00:57:19] [SPEAKER_03]: we had this kid say him

[00:57:21] [SPEAKER_03]: and he nicknamed himself Slayman Sami

[00:57:25] [SPEAKER_03]: and I still see the kid around town

[00:57:28] [SPEAKER_03]: in my son season once before.

[00:57:30] [SPEAKER_03]: He was awful, I mean there's no sense about that

[00:57:33] [SPEAKER_03]: he was there was something not exactly right about him physically

[00:57:39] [SPEAKER_03]: but damn that kid every time he moved up to bat

[00:57:43] [SPEAKER_03]: he would tell me this is the one

[00:57:46] [SPEAKER_03]: how am I gonna get it this time?

[00:57:48] [SPEAKER_03]: He was scared of the ball, I mean

[00:57:51] [SPEAKER_03]: to the point where I should have trained

[00:57:57] [SPEAKER_03]: dogs to be bird dogs which is really not really training

[00:58:01] [SPEAKER_03]: you're just training them to respond to you

[00:58:03] [SPEAKER_03]: because you're just taking what they know

[00:58:04] [SPEAKER_03]: for thousands of years bread into him right?

[00:58:08] [SPEAKER_03]: So, part of it's like teaching them not to be afraid of stuff

[00:58:12] [SPEAKER_03]: I'm not to be afraid of gunfire and things like that

[00:58:14] [SPEAKER_03]: not to be afraid of you and different things

[00:58:17] [SPEAKER_03]: so I thought well how do I get same me not to be afraid of the ball

[00:58:20] [SPEAKER_03]: so it was kind of cold in a living Chicago

[00:58:24] [SPEAKER_03]: so springtime baseball in Chicago

[00:58:26] [SPEAKER_03]: you might be planning to snow sometimes it's crazy

[00:58:29] [SPEAKER_03]: so you get this eight-year-old kid who is his puppy winter jacket on you know

[00:58:35] [SPEAKER_03]: and he's a scrawny, scrawny kid

[00:58:37] [SPEAKER_03]: and Sammy put your jacket back on

[00:58:39] [SPEAKER_03]: we're gonna go out in the outfield

[00:58:40] [SPEAKER_03]: and I said do his dad I said he's okay if I do something

[00:58:42] [SPEAKER_03]: a little on orthodox with Sam and he's like

[00:58:45] [SPEAKER_03]: except kind of weird and says sure fine whatever

[00:58:48] [SPEAKER_03]: so I took him out there and made him stand like

[00:58:51] [SPEAKER_03]: he was gonna take batting practice

[00:58:52] [SPEAKER_03]: and I kept hitting him with the ball

[00:58:53] [SPEAKER_03]: not hard just soft like just showing me that batting coat

[00:58:58] [SPEAKER_03]: like it wasn't gonna kill him right?

[00:59:00] [SPEAKER_03]: but so that didn't work but all season Sammy

[00:59:04] [SPEAKER_03]: I tried all I wanted was Sammy to get a hit

[00:59:08] [SPEAKER_03]: and I wanted it so bad that like Sammy had to get a hit

[00:59:13] [SPEAKER_03]: well he didn't

[00:59:15] [SPEAKER_03]: and but our greatest moment in that season

[00:59:19] [SPEAKER_03]: the highlight of the year was in the playoffs

[00:59:22] [SPEAKER_03]: we can they're like eight years old right I mean

[00:59:25] [SPEAKER_03]: there you have goofy you know my kid was out eating day and

[00:59:27] [SPEAKER_03]: doines and they weren't weird stuff in the outfield because

[00:59:30] [SPEAKER_03]: baseball really wasn't his thing um that I'm sure he was actually

[00:59:33] [SPEAKER_03]: my son because it couldn't hit a baseball so

[00:59:36] [SPEAKER_03]: that was me hated hitting him I'm like this is not

[00:59:38] [SPEAKER_03]: the part of the game man uh he's a great outfielder

[00:59:41] [SPEAKER_03]: fecesus of kill me for saying

[00:59:46] [SPEAKER_03]: he the the greatest moment of that season was in the playoffs

[00:59:50] [SPEAKER_03]: my son had to lead off and he was an awful hitter

[00:59:54] [SPEAKER_03]: and then there was another kid who never got a hit

[00:59:56] [SPEAKER_03]: and then slamming Sammy and we were down three runs

[01:00:01] [SPEAKER_03]: in the bottom of the last inning

[01:00:02] [SPEAKER_03]: with those three as our first three batters and the kid the kid he even

[01:00:08] [SPEAKER_03]: uh was my son's best friend who was really bringing it

[01:00:10] [SPEAKER_03]: and he he was he was gonna be their closer

[01:00:14] [SPEAKER_03]: and I said to my son I said son you're the lead off hitter this

[01:00:18] [SPEAKER_03]: sitting you know what that means right he said

[01:00:20] [SPEAKER_03]: lead off hitter's got to get on base

[01:00:22] [SPEAKER_03]: I said yep so you gotta get on base son because

[01:00:25] [SPEAKER_03]: at any cost right that I said got to get on base on the lead off hitter's got

[01:00:30] [SPEAKER_03]: to get on base new is no chance in hell he was gonna get hit

[01:00:33] [SPEAKER_03]: first pitch he leans out over the plate takes one in the rib cage

[01:00:37] [SPEAKER_03]: giant thugs everybody holds her breath

[01:00:40] [SPEAKER_03]: he sprints the first his happy skidby because he was getting on

[01:00:43] [SPEAKER_03]: he was getting on his favorite habit the next kid gets

[01:00:46] [SPEAKER_03]: being his name was tri every that this was like

[01:00:49] [SPEAKER_03]: this is how much I love seeing these kids six eight

[01:00:52] [SPEAKER_03]: triggins being that pitcher has to come out of the game because and then

[01:00:56] [SPEAKER_03]: at that age if he had two kids you're consider wild

[01:00:59] [SPEAKER_03]: you gotta bring in a new pitcher they're bringing in this other kid it was

[01:01:03] [SPEAKER_03]: awful could barely throw the ball he was the only kid they had left

[01:01:06] [SPEAKER_03]: and he hits slam and Sammy so slam and Sammy

[01:01:12] [SPEAKER_03]: sprints the first place we've not got bases loaded with the three worst hitters

[01:01:15] [SPEAKER_03]: ever played baseball and we got a chance and Sammy is standing over there on

[01:01:21] [SPEAKER_03]: first he represented I think the winning run and he's standing over there

[01:01:26] [SPEAKER_03]: like he just won the super ball I mean he is going to Disney

[01:01:31] [SPEAKER_03]: and the next kid up although drills the ball to the fence those three

[01:01:35] [SPEAKER_03]: score pain the moan in with Austin next game got our butts kicked

[01:01:39] [SPEAKER_03]: because we weren't that good but for that moment those three kids were the hero

[01:01:44] [SPEAKER_03]: of that game and it was awesome and then the next year Sammy was on a different

[01:01:51] [SPEAKER_03]: team then and I was the assistant coach I was coaching first base and he dropped the

[01:01:57] [SPEAKER_03]: blooper over the first baseman said they got the first hit of his lifetime

[01:02:00] [SPEAKER_03]: he ran through first was running around all over the field it's

[01:02:04] [SPEAKER_03]: he was so excited I didn't know the hard to yell at our kids to tag him out

[01:02:09] [SPEAKER_03]: and our head coach said he has to get his first hit against us I said Luke I didn't

[01:02:14] [SPEAKER_03]: like be happy for this kid we worked so hard like we had a part in this like we

[01:02:20] [SPEAKER_03]: didn't get it with us but you know we had a hand in it so I mean it's just I don't know man

[01:02:27] [SPEAKER_03]: I mean how many how many people along the way taught you how to do something

[01:02:32] [SPEAKER_03]: and we're excited when you did it and how good did that make you feel

[01:02:37] [SPEAKER_03]: that it made them feel good right I just it's it's awesome to see people succeed and I've pulled

[01:02:46] [SPEAKER_03]: people from crazy walks of life into this and watch them just kick ass and the run through brick wall

[01:02:56] [SPEAKER_03]: for you on top of it when they start realizing they're good right like they start having this

[01:03:01] [SPEAKER_03]: sense of worth and and then you know sadly sometimes they leave because you don't have anything

[01:03:07] [SPEAKER_03]: better for them and they go on something better in its second but it's like part of the deep all

[01:03:12] [SPEAKER_03]: I'm like very good friend came here for two years and the plan was look either move up or you

[01:03:18] [SPEAKER_03]: go get a better job somewhere else and he's in a profession he's a fine eight sky and

[01:03:24] [SPEAKER_03]: and he did he got a job that paid him like 50,000 hours more I couldn't offer him that and he

[01:03:29] [SPEAKER_03]: wasn't and he didn't have the public background to take the other stuff so I was bummed

[01:03:35] [SPEAKER_03]: but like he's thriving so that's good to see it if you had any part in that like you

[01:03:42] [SPEAKER_03]: you know it's I think too often we just get wrapped around like all they lost me

[01:03:46] [SPEAKER_03]: you know I did all this for them and again that goes to the score keeping thing right like

[01:03:51] [SPEAKER_03]: that's it and then look I'm not perfect there's homes where I'm like damn I mean I've had sales

[01:03:56] [SPEAKER_03]: people where I felt like I poured myself into them and then the minute things were a little rocky

[01:04:02] [SPEAKER_03]: I needed just a little concession you know I wanted to explain it to an error literally an error on

[01:04:08] [SPEAKER_03]: a complaint that was a $30,000 mistake because of something somebody typed and I said

[01:04:17] [SPEAKER_03]: you're right it's in black and white I'll give you that money how pay you that money tomorrow

[01:04:23] [SPEAKER_03]: if you want it but you know that you didn't accomplish the goal you know that's a mistake

[01:04:28] [SPEAKER_03]: if you take the money it does change the dynamic of our relationship you understand that

[01:04:34] [SPEAKER_03]: and that person said yes I want the money and I said okay and our relationship changed forever

[01:04:41] [SPEAKER_03]: right like that because you feel like you've poured something into them you that person was making

[01:04:46] [SPEAKER_03]: three times what the best they ever did before three times and I said it would take us two years

[01:04:52] [SPEAKER_03]: to give them their three years of year to start we didn't have the time like in hindsight you know

[01:04:59] [SPEAKER_03]: I got wrapped up in it because of whatever my ego or whatever like the net net was it's really

[01:05:06] [SPEAKER_03]: my mentor told me that I should feel pity for those people he's right it takes a little time

[01:05:12] [SPEAKER_03]: to step away and think about it you really should feel you really should feel pity for them because

[01:05:17] [SPEAKER_03]: they traded the one thing that no amount of money in the world is what we're trading that was my

[01:05:22] [SPEAKER_03]: right I was a little because conversely if if that person hadn't been making photo

[01:05:28] [SPEAKER_03]: for a year after having two or three great years or whatever I'm a fire in a me either right

[01:05:33] [SPEAKER_03]: like say okay it's a balance cycle like we'll just we'll get a bat will we'll get him next year right

[01:05:37] [SPEAKER_03]: and yeah can't go off forever but once somewhere else and guess what didn't make the numbers

[01:05:45] [SPEAKER_03]: again fire it was a short term who's been three other places since right so you know Harold

[01:05:51] [SPEAKER_03]: was right like that you you you you you you know Phil's art for people who don't see the

[01:05:55] [SPEAKER_03]: long game in the same way we're understand the value of the personal relationships I go with it

[01:06:01] [SPEAKER_00]: I couldn't agree with that more Mark a couple questions for you you've covered so much

[01:06:08] [SPEAKER_00]: what and you work your year what's the biggest lesson?

[01:06:16] [SPEAKER_03]: Man it's a lot of them.

[01:06:19] [SPEAKER_03]: I didn't writing. I said I think think I understand your strengths and weaknesses

[01:06:33] [SPEAKER_03]: and just good advice out there in a lot of places and you know even places yet you don't

[01:06:42] [SPEAKER_03]: think about like best advice I got was from my dad who will tell you that I probably never

[01:06:50] [SPEAKER_03]: listen to what he said nice to say that it's mostly true but everyone's a while

[01:06:59] [SPEAKER_03]: everyone's a while I was paying attention my dad was a cop for to shy at 30 years and

[01:07:06] [SPEAKER_03]: the day before I left for the police academy he told me something about police work that I think is probably

[01:07:12] [SPEAKER_03]: the best advice I ever actually got in business and he asked me to do two things

[01:07:18] [SPEAKER_03]: the first one was never to lie about something because he only can do that once

[01:07:25] [SPEAKER_03]: and there's real consequences in that business to lying and you know there's pressure do it at times

[01:07:31] [SPEAKER_03]: so they said don't do it I'm just saying okay and he said the second one he said you're going

[01:07:38] [SPEAKER_03]: to say okay you're going to think this is easy but it's really hard he said never forget

[01:07:43] [SPEAKER_03]: that you're dealing with human beings and and everything you do there's still people

[01:07:50] [SPEAKER_03]: so never take away a human being dignity and I said yeah okay it seems easy enough it's not

[01:08:00] [SPEAKER_03]: it's really hard like when they bite you or smash you try to grab for your gun or

[01:08:07] [SPEAKER_03]: when try to stab me in the neck with a pen like that's easy to take that personally and

[01:08:12] [SPEAKER_03]: it's completely loose it's easy to completely lose your mind it's hard to stop in fact that's

[01:08:17] [SPEAKER_03]: you rely on having good partners who know you know when you've flipped the switch right

[01:08:24] [SPEAKER_03]: and they need to really back in but I can honestly say that I'm so fortunate because there's

[01:08:33] [SPEAKER_03]: only like two times I ever think I actually let him down and screwed that up and

[01:08:38] [SPEAKER_03]: both of those times I a years later ended up with those people found me through somebody

[01:08:47] [SPEAKER_03]: that they had contact with or my former partner in one case or another another cop that they saw

[01:08:54] [SPEAKER_03]: out and and and third time actually where we were so the guy found me on Facebook and and

[01:09:01] [SPEAKER_03]: that moment where I might have lost it on them and did up being a turning point for them in

[01:09:08] [SPEAKER_03]: two cases of addiction with drugs and alcohol and one in a bad relationship where you know

[01:09:16] [SPEAKER_03]: they ended up that was their rock bottom moment and so what was you know a bad moment for me

[01:09:22] [SPEAKER_03]: because I felt bad that I'd broken my commitment and that I'd done something I shouldn't have done

[01:09:27] [SPEAKER_03]: wasn't illegal it's just like treating people badly you shouldn't feel good about right

[01:09:33] [SPEAKER_03]: no matter what no matter what and and and and they were ugly circumstances like you're dealing with

[01:09:39] [SPEAKER_03]: people and ugly situations but those turned out to be I got redemption out of it

[01:09:46] [SPEAKER_03]: and a little good story of that redemption and then you know I really thought about that a lot

[01:09:53] [SPEAKER_03]: that work because it's it's easy to be wrapped up in mistakes or think the world's

[01:10:05] [SPEAKER_03]: coming to an end but I you know I guess if I could like when you think it's that bad

[01:10:14] [SPEAKER_03]: like I'm going to I think it's that bad I always reflect back on a conversation I had with a

[01:10:23] [SPEAKER_03]: one say when I got in it's in the telecom he was a terrible boss always stole my ideas I hated that

[01:10:31] [SPEAKER_03]: and and but he said to me one time he said I don't understand and I said what he said I've got

[01:10:37] [SPEAKER_03]: you get two peers in my region and I can't get either one of them to make a damn decision to

[01:10:42] [SPEAKER_03]: save their life but you make a decision go to bad and you live with it and if it's bad you just

[01:10:48] [SPEAKER_03]: keep moving on and keep adjusting but you don't think twice about it you don't fret over

[01:10:53] [SPEAKER_03]: it all day you don't like wait a week or hope I won't circle back with you on it he said why

[01:11:01] [SPEAKER_03]: that's an why is it easy to make a decision you said yeah because nobody's gonna die today

[01:11:07] [SPEAKER_03]: then you looked at me like I was crazy what about that all the zemin I said no matter what we do here

[01:11:13] [SPEAKER_03]: but we just couldn't die like we might maybe lose a little money or somebody quits or we get

[01:11:18] [SPEAKER_03]: fired by a customer or whatever no it was our great things but like you know I worked in a job

[01:11:26] [SPEAKER_03]: where if you made a mistake you could kill somebody if you have to make a mistake you could get killed

[01:11:30] [SPEAKER_03]: like yeah that's not ideal so it was a different frame of reference and in sometimes I have to

[01:11:45] [SPEAKER_03]: just unfuck it sorry the grass and move on right like yeah if you don't fly from

[01:11:52] [SPEAKER_03]: point A to point Z you go like all this is exactly all over constant course correcting and you got

[01:11:57] [SPEAKER_03]: to be okay with that when you just have to be okay with that and sometimes it's a uter

[01:12:01] [SPEAKER_03]: right like shit screw up own it and I will tell you our best customer relationships my best

[01:12:09] [SPEAKER_03]: relationships have all come from them on in the fire us like and how you handle so

[01:12:17] [SPEAKER_03]: don't you move on and if you my way if they can't accept that you're making a say

[01:12:24] [SPEAKER_03]: it's a you can if you respond to it right way and if you do all the right things

[01:12:28] [SPEAKER_00]: you shouldn't be a customer anyways so one thing you would do over if you had the opportunity

[01:12:34] [SPEAKER_03]: I would have it's funny because I asked people I was doing a podcast for a while

[01:12:43] [SPEAKER_03]: got the time to get back to it now but I asked what's like one thing the one question I asked

[01:12:47] [SPEAKER_03]: everybody the only scripted question is what would you tell at 20 year younger version of you and

[01:12:56] [SPEAKER_03]: I think that comes from the one thing that I would do over again as I would have figured out my

[01:13:07] [SPEAKER_03]: priorities better when I was younger I don't know I think with with age comes perspective hopefully

[01:13:17] [SPEAKER_03]: like the thing can get a little better my not be as I might have lost a little off my fastball

[01:13:22] [SPEAKER_03]: but I think I think you know my accuracy is probably better because I'm lazy or now but

[01:13:28] [SPEAKER_03]: I wish that I had understood the people part of the business a little better and then I

[01:13:37] [SPEAKER_03]: had prioritized especially the point you know is I'm dropping off the baby in two days

[01:13:44] [SPEAKER_03]: the baby being 18 a college you know that the time is fleeting and

[01:13:51] [SPEAKER_03]: we're not getting any of it back and none of us are getting out of here alive right so

[01:13:57] [SPEAKER_03]: all planes land and it's just a matter of how gracefully some some more gracefully in

[01:14:02] [SPEAKER_03]: others so I just wish that I could have thought about that a little more I'm so fortunate

[01:14:10] [SPEAKER_03]: that I'm that some really great people and I don't know why I'll never really know why

[01:14:16] [SPEAKER_03]: they invested in me got nothing out of it in most cases other than a friendship and

[01:14:25] [SPEAKER_03]: I wish that I admit them sooner and got the perspective but not sure not sure I was open to it

[01:14:31] [SPEAKER_00]: at the time either so I don't know hmm that's a great feedback great lesson

[01:14:38] [SPEAKER_00]: what's it common myth about running in a misp or attack business did you love the bus

[01:14:46] [SPEAKER_03]: I think that I think the biggest myth is that you have to be a techno genius wizard person

[01:15:00] [SPEAKER_03]: I you know I see like in cyber security I say this all the time sometimes people get crazy

[01:15:06] [SPEAKER_03]: wild out about it but I don't think technology is the solution technology is actually the problem

[01:15:15] [SPEAKER_03]: that's usually what they're trying to solve for right it's how to solve their technology problems

[01:15:19] [SPEAKER_03]: and in cyber security people just throw tools at it whatever right and I think there's this concept

[01:15:24] [SPEAKER_03]: a lot of people especially in the smaller MSPs people get into it because they're good at it

[01:15:30] [SPEAKER_03]: technologically speaking whatever but to truly nurture the business and the way that it deserves

[01:15:38] [SPEAKER_03]: and make it scalable and sustainable and all that you have to really focus on the business and I think

[01:15:45] [SPEAKER_03]: there's some good influencers out there that reach that and put systems together around it but

[01:15:51] [SPEAKER_03]: I think this myth and it even goes for the business side with this myth that you have to know

[01:15:56] [SPEAKER_03]: everything be on top of everything be in the weeds on certain things I think that's the greatest

[01:16:02] [SPEAKER_03]: in fact I think it's probably the siren song hey you and you can just follow that song right up into

[01:16:08] [SPEAKER_03]: the rocks along because you're not watching the business you don't understand the fundamentals

[01:16:13] [SPEAKER_03]: and then conversely for those who are not super technical and a better on the business side

[01:16:22] [SPEAKER_03]: something we talked about earlier is just know your limitations have good advisors and be willing

[01:16:27] [SPEAKER_03]: to listen and be okay with having to ask for help I mean there's there's a lot of really good

[01:16:36] [SPEAKER_03]: people out there at least in my case I know I can call if I if I want to pick their brain or just

[01:16:44] [SPEAKER_03]: vent or whatever and find yourself some of those and if you don't have one you know find me on

[01:16:52] [SPEAKER_03]: length and reach out call me whenever I'm always happy to I love talking about this stuff

[01:16:56] [SPEAKER_03]: I mean it's it's it's it's it's it's also again it's a chance it helps somebody succeed or

[01:17:04] [SPEAKER_03]: to turn kind of like turn around the businesses they're hard but that could be really rewarding

[01:17:11] [SPEAKER_03]: too for some of the same reasons so I don't know find find those people I love that I love that

[01:17:18] [SPEAKER_00]: what are you looking forward to right now what's interesting to you Mark oh I'm really interested

[01:17:26] [SPEAKER_03]: in a couple of things inside the business day to day I'm really interested in how

[01:17:35] [SPEAKER_03]: artificial intelligence and machine learning can change the way we're doing things in a constructive way

[01:17:45] [SPEAKER_03]: make people better and and so it showed me something last week that blew my mind and and

[01:17:55] [SPEAKER_03]: it's I think they thought it was about the tack but it was about how it can impact people

[01:18:03] [SPEAKER_03]: thinking in business and not as it is about how you could customize learning if I taught something

[01:18:11] [SPEAKER_03]: everything there is a no about a topic and then taught it to be able to interpret your responses

[01:18:19] [SPEAKER_03]: and understand your weaknesses on the topic and where you need to be helped and how you need to

[01:18:25] [SPEAKER_03]: be helped and do it in a way that works for you on the man whenever you want it like that could

[01:18:33] [SPEAKER_03]: revolutionize the educational process right I could change the way we train people it could change

[01:18:42] [SPEAKER_03]: and I think so many people are looking for ways to replace people with AI and God I hope that

[01:18:53] [SPEAKER_03]: never happens I saw Mark in recent said like things are going to be ridiculously cheap and

[01:19:00] [SPEAKER_03]: jobs are going to be a thing of the past if you know I don't see that maybe maybe I'm crazy but

[01:19:06] [SPEAKER_03]: I think you could make these huge impacts and how we make people better and and

[01:19:16] [SPEAKER_03]: I'm really looking forward to that I'm looking forward to also have a little bit of time

[01:19:22] [SPEAKER_03]: to help figure out a better way to help small businesses in both just access to answers and coaching

[01:19:40] [SPEAKER_03]: without like I don't want to say this or only I just think a lot of people are

[01:19:45] [SPEAKER_03]: to slow people out there they're all for you help and sort of like the sign at the airport

[01:19:49] [SPEAKER_03]: this is of somebody's somebody's asking you if you need a ride she thinks yeah you shouldn't get

[01:19:55] [SPEAKER_03]: the car with them yeah like there's all these wackos out there offer and stuff or or there's

[01:20:02] [SPEAKER_03]: the massive appeal if I can teach you my system that Jordan you know the new age Jordan Belforts right

[01:20:09] [SPEAKER_03]: but I think I won't you know I'm trying to figure out a way I think there's a way where you can

[01:20:18] [SPEAKER_03]: help people reasonably and give them access to good quality advice and access to the experience that we

[01:20:25] [SPEAKER_03]: pick up over 20 or 30 years of doing this I mean like 25 years of accidentally learned a lot of

[01:20:32] [SPEAKER_03]: things you know I mean I'll be the brightest guy in the world I've learned there's no there's definitely

[01:20:37] [SPEAKER_03]: no learning in the second kick of the mule right so I tried to pick up after the first one second

[01:20:42] [SPEAKER_03]: just fucking hurts so yeah it's a lot worse because I should have known better right and then

[01:20:49] [SPEAKER_03]: I think I think the other thing that I'm looking forward to because hand in hand with that is

[01:20:54] [SPEAKER_03]: trying to figure out is part of that helping his ways to find really reform and help them find

[01:21:01] [SPEAKER_03]: better access to capital because the system is completely broken for small businesses and

[01:21:08] [SPEAKER_03]: most of the time people who are out there offering capital are not people that you

[01:21:13] [SPEAKER_03]: want to take that capital from so I think just got to be a better way and I'm really looking

[01:21:19] [SPEAKER_03]: forward to trying to find a way to make that happen I love that those are things I can relate

[01:21:25] [SPEAKER_03]: to directly and and in every entrepreneur can relate to some time or another man I mean

[01:21:32] [SPEAKER_03]: it's usually small amounts of money and that's the problem right like people need a little bit of

[01:21:36] [SPEAKER_03]: advice and and 250,000 a half a million dollars and and if you gave if you gave them those two things

[01:21:45] [SPEAKER_03]: that usually could go really far with it especially if you structure it in a way that

[01:21:53] [SPEAKER_03]: protects them from themselves right and but that's not out there easily and an SPA loan and put

[01:21:58] [SPEAKER_03]: your house on the one that takes some companies right I mean like I look most of my life with

[01:22:04] [SPEAKER_03]: with all my family's assets on the line and and that's that's not an easy thing to do I mean

[01:22:13] [SPEAKER_03]: that's you know especially in your life to have to sign the documents so he found a talk of

[01:22:21] [SPEAKER_03]: that shit getting real so life comes at you fast when you say any just sign saying these personal

[01:22:27] [SPEAKER_00]: guarantees yeah that's that's the different kind of conversation entirely yeah um what's the one

[01:22:35] [SPEAKER_03]: book you'd recommend you know I guess it depends on the context um there's a couple that I think

[01:22:44] [SPEAKER_03]: it made up big difference for me over the years and sales there was a book called Managing Strati

[01:22:51] [SPEAKER_03]: accounts that I thought was really really good at at walking through a process of how to deal with

[01:22:58] [SPEAKER_03]: complex sales it really informed my thinking on it I don't even know who's got it it's been

[01:23:04] [SPEAKER_03]: passed around the so many of my friends at this point um another book that I read that thought was really

[01:23:11] [SPEAKER_03]: great and it was actually another is a really gesture of kindness that somebody did for me

[01:23:18] [SPEAKER_03]: Father Kevin Spees who is a professor at Lewis University who I went to college he saw me show up

[01:23:26] [SPEAKER_03]: I showed up for first day of class and he noticed my boots I was working midnight so

[01:23:33] [SPEAKER_03]: he noticed my police boots and plus little older than all the other kids in class

[01:23:39] [SPEAKER_03]: and he said what would you be doing if you weren't here so that would be sleeping

[01:23:44] [SPEAKER_03]: and he said what he means sleeping so I work midnight so I'd go sleep go to court

[01:23:49] [SPEAKER_03]: you know go back to sleep you can go to work and he said well okay i'm gonna give you a book

[01:23:58] [SPEAKER_03]: read I a coker and he made me read I a coker and um to report for him on it it was a fascinating

[01:24:06] [SPEAKER_03]: book actually I was really really interesting study in how he turned the company around

[01:24:12] [SPEAKER_03]: the whole government you know people think of it as a government bailout but it's really the

[01:24:16] [SPEAKER_03]: government backing and the way he started it and it was interesting because he you know

[01:24:21] [SPEAKER_03]: it was tough on everybody it's tough for the union it was tough for the equity it was tough for

[01:24:26] [SPEAKER_03]: everybody and politically not real you know um did make everybody happy but I think that was a

[01:24:35] [SPEAKER_03]: great book about adversity and then this this book on to other solid things a good book about

[01:24:42] [SPEAKER_03]: trying to uh trying to understand yourself and the uh who real you and everything that goes

[01:24:52] [SPEAKER_03]: on inside it's it's pretty I just recently read that one I think that's pretty cool I think of it

[01:24:57] [SPEAKER_03]: like you know one's about skills one's about just business in general and I think always

[01:25:03] [SPEAKER_03]: looking for the next one about like you know self improvement I love that I definitely

[01:25:09] [SPEAKER_00]: and those to my reading list um you made it off for earlier so in folks are listening and they do

[01:25:15] [SPEAKER_00]: want to reach out and get connected with you for all of you or another how do they find you your business

[01:25:19] [SPEAKER_03]: how what's the best way to get it on there so they can always find my own LinkedIn um more

[01:25:24] [SPEAKER_03]: quarter and then our website is www.highwire networks.com there's all sorts of links that go to

[01:25:33] [SPEAKER_03]: a bazillion people and if you write in somebody else forward it to me or whatever I get copied

[01:25:37] [SPEAKER_03]: on a bunch of them so um you know it's a feedback or info or whatever so I'm more I respond

[01:25:45] [SPEAKER_03]: to a lot of them personally people are kind of surprised especially some of the investor ones but

[01:25:53] [SPEAKER_03]: I'm always happy to talk and try to help if I can and even if it's just trying to figure out

[01:26:03] [SPEAKER_03]: how to get a lot of conversations with friends about when it's time to shut the business down

[01:26:07] [SPEAKER_03]: as you're sad but you know I'm a two two good friends that called me and asked

[01:26:17] [SPEAKER_03]: if I knew when it was so you're asking the wrong guy because I probably should have and

[01:26:23] [SPEAKER_03]: didn't to couple of times they got through it but um if you're asking that question it's good

[01:26:29] [SPEAKER_03]: that we're talking right if yeah because it was really hurting them so I'm genuinely I would genuinely

[01:26:35] [SPEAKER_03]: be happy if uh anybody needs help I think it's all come. That's such a gift if you're listening

[01:26:42] [SPEAKER_00]: that is gift at least I believe it is take advantage of Mark's generosity and we'll make

[01:26:48] [SPEAKER_00]: sure to have all the links in the show notes Mark last thing if you would share what the tattoo

[01:26:55] [SPEAKER_03]: on your arm about the ending. Yeah it says this chapter only makes the ending sweeter um I don't

[01:27:02] [SPEAKER_03]: display on here so you're saying there we go a little bit. I think that's what we told that's what I

[01:27:10] [SPEAKER_03]: told my son a lot and it was probably saying it to myself as much as to him when he he has to

[01:27:23] [SPEAKER_03]: autoimmune diseases like that came out about a year apart and uh we had the first one sucked

[01:27:28] [SPEAKER_03]: as diabetes he's a type one diabetes diabetic without that was tough and it and it is I don't

[01:27:34] [SPEAKER_03]: know me to downplay it but uh about a year later he got severe ulcerative colitis at a time when

[01:27:40] [SPEAKER_03]: he was getting ready to report for camp for football for college and lost 30 pounds couldn't get

[01:27:48] [SPEAKER_03]: out of bed went to camp had they come home for about a week and um he was unsure how to how to

[01:27:58] [SPEAKER_03]: and uh that was just a tough time so it was something that my personal revering revering

[01:28:10] [SPEAKER_03]: Michael who uh that's all their crazy story I met him one of his utilizing uh Mark my mentor

[01:28:18] [SPEAKER_03]: and we we stay in touch and I don't go to like the big and organized religion but I go to church

[01:28:25] [SPEAKER_03]: with him on the phone uh he's out in California so we talked at least once a month and that guy

[01:28:30] [SPEAKER_03]: knows every time every time some ways somehow the last time he called me I was not daily with

[01:28:39] [SPEAKER_03]: stressful enough and I found myself in the emergency room that thought I was having a heart attack

[01:28:42] [SPEAKER_03]: and he called me uh like how and the hell the you know um I mean this is crazy so um I really I really

[01:28:51] [SPEAKER_03]: believe that it's something to think about because we all go through those tough chapters in that

[01:28:57] [SPEAKER_03]: book man and um that's why I said a love a good story about redemption with you know when when uh

[01:29:02] [SPEAKER_03]: when you get to the other side and you're always get to the other side. I mean I'll be exactly

[01:29:07] [SPEAKER_03]: how you thought it was going to be but um it really makes the tough really makes the ending sweeter

[01:29:13] [SPEAKER_03]: when you go through the tough chapters and every great success story I know has tough chapters

[01:29:18] [SPEAKER_00]: yeah without exception uh this has been an amazing gift mark thank you from the bottom of my heart

[01:29:24] [SPEAKER_00]: I have been not sure if I should jump for joy or a cry or just you know be in a moment in present

[01:29:35] [SPEAKER_00]: with how authentic and vulnerable you've shown up so thank you for this gift that's I believe

[01:29:42] [SPEAKER_00]: going to help people in the right time and the right moment make sure to take Mark off on his dinner

[01:29:48] [SPEAKER_00]: software um and I can't say thank you enough for giving me this time and for being on MSP mindset

[01:29:56] [SPEAKER_03]: thank you this is uh I mean to me this is awesome to get the opportunity to you know to share

[01:30:01] [SPEAKER_03]: I hope it helps you know you know it's where you just throw it out there all you can do is throw it

[01:30:06] [SPEAKER_03]: out there and hope that uh it helps one person and it's it's best time we could ever spend