45. Going from Class Project to High Growth Services Company
On this episode, I have a conversation with Dr. David Arrington — author, speaker and the Principal and Chief Operating Officer of Arrington Coaching. They fundamentally help executives realize their vision and create sustainable change through 3-dimensional coaching. David shares his journey as a first-time founder and the key lessons he learned. He also shares leadership and culture best practices.
Key 1st Time Founder Lessons:
- “I would argue that it's all pivots….if you're not pivoting, you're probably not moving forward”
- “Everybody wants to make a million dollars with their business, very few people do, because most people don't have plans. They just have an aspiration”
- “Stop reading books about growing your business and just work on your business”
- I love the Colin Powell, quote, he would say that when he had 70% of the information, he would make a decision, he would move forward. This is when he was a general in Battlefield situations”
- When we look at culture, I like to think of it as the air of an organization because I say no one notices it until it stinks, right. You have a culture you always when you get two people together, you're creating a culture. The problem is most cultures are and they're not intentional”
- “I would early on bring on people who are going to help you make money. Because that's why businesses go out of business because of cash flows……cash flow covers a multitude of sins”
- “Good leadership is almost hidden under a co-located environment….bad leadership becomes very visible when you go remote.”
David’s Contact Information
Website: arringtoncoaching.com/
Twitter: https://twitter.com/dmackarrington
LinkedIn: linkedin.com/in/dmackarrington
