Jeff Polovick started Canadian-based The Driving Force with just $80,000 and only a few years of experience in a narrow market niche – vehicle rentals. That modest investment has been parlayed into $400 million in revenues with 675 employees. Jeff’s book is Why Can’t We, and like many startup stories, there’s drama, adversity, success, more adversity, and even an exit. In this conversation, we talk about continuous and lifelong learning, family, adversity, exiting a business, and Jeff’s value system.
[Read more…] about How One Founder Turned $80k Into $400 MillionBookmarks 152
Monthly Bookmarks –
152nd Edition – February 19th, 2023
The Gray Choices In Our Business Decisions
He gained the world. But then he lost it and those who were closest to him. However, Shaun Hayes never lost his soul while hitting the lowest of lows in a federal penitentiary that once housed John Gotti. Shaun was once at the top of the banking world in St. Louis until he was in the wrong place at the wrong time during one of the worst recessions ever, which led to approving bank loans that violated state and federal laws.
[Read more…] about The Gray Choices In Our Business DecisionsUpside Down Management at Timpson
After watching a video by the CEO of the UK-based retail chain, Timpson, I looked forward to reading a book by its chairman, Sir John Timpson. The title is Upside Down Management. According to Business Sale Report, Timpson is now a 2,000-branch-strong business with revenue totaling £300m. In this conversation, we discuss their hiring of ex-offenders, putting money in the till and acting the part, and unconventional management tactics in a large organization.
[Read more…] about Upside Down Management at TimpsonThe Subscription Economy for Professional Firms
The subscription economy is alive and well for products-based businesses and the software industry. But how about professional services firms? Does the subscription model apply to accountants, lawyers, consultants, marketers, and other professionals? Ron Baker founded VeraSage Institute, the leading think tank dedicated to teaching value pricing to professionals worldwide. He’s the co-host of The Soul of Enterprise podcast, and he’s the author of numerous books, including his newest title, Time’s Up!
[Read more…] about The Subscription Economy for Professional FirmsExecutive Toughness
I’ve read close to two thousand books since I started my business career. I’ve been asked, “What book have you gifted the most?” While I’ve given away many books I like, the title I’ve given away the most is Executive Toughness by Dr. Jason Selk, who is also a gifted public speaker. Not only have I applied his principles on executive toughness, but every beneficiary of this book also says the same thing, “I love this book.”
[Read more…] about Executive ToughnessThe Effective Executive – Read the Introduction
Every financial leader should be reading Drucker. If you have not read any of his books, I’d start with The Effective Executive. You’ll find he was way ahead of his time.
[Read more…] about The Effective Executive – Read the IntroductionHow I Subscribe to the Wall Street Journal
There have only been two online publications I’ve subscribed to for years, The Wall Street Journal (WSJ) and Harvard Business Review. I’m not including publications like Forbes, Inc., or Bloomberg’s Businessweek. That’s because I continually switch out those publications yearly for variety.
[Read more…] about How I Subscribe to the Wall Street JournalOur Favorite Books in 2022
For the second consecutive year, we’ve dedicated a show to our favorite books we read during the previous year. There’s a Top 10 list, a bucket for fiction, honorable mentions, unexpected surprises, books we reread, and books we did not like. We also make a bold prediction for one of our favorite books for 2023. How many books should you read? What’s behind a great book? Those questions are answered too.
[Read more…] about Our Favorite Books in 2022Leadership Refined by Fire
What can any business or financial leader learn from a twenty-year vet in the fire service? I’m calling John Cuomo the John Maxwell for firefighters and other public safety officials based on his book, Leadership Refined by Fire. John has always been interested in leadership and lifelong learning, and his book is full of stories, inspiration, and big ideas that can be applied to any playing field in the areas of lifelong learning, humility, and much more.
[Read more…] about Leadership Refined by Fire