I’m joined by Michael Watkins, a renowned expert in leadership transitions and author of the bestseller The First 90 Days. Michael, who was recently inducted into the Thinkers 50 Management Hall of Fame, shares invaluable insights drawn from his decades of aiding leaders in effectively assuming new roles and driving organizational change. This episode is packed with wisdom for entrepreneurs seeking to elevate their strategic leadership and value-creation capabilities.

What you'll learn:

🔑 Practical Experience Over Formal Training - Michael shares the "70-20-10" theory, highlighting that 70% of leadership development is derived from on-the-job experiences, In contrast to the limited impact of formalized leadership programs compared to practical, hands-on challenges.

🔑 The Importance of a Supportive Trio - Effective leaders benefit significantly from having a robust support system comprising advisors, coaches, and mentors. Michael discusses how each plays a distinct yet complementary role in a leader's growth and adaptation to new challenges.

🔑 Strategic Adaptation Is Key - In today’s fast-paced environment, leaders must develop the ability to adapt strategically in real time. Michael shares strategies for leaders to enhance their strategic thinking capabilities, ensuring they can navigate and thrive amidst constant change.

This episode is a must-listen for any entrepreneur eager to refine their leadership skills and push their strategic boundaries. We need great leaders in the world, and they can become value-creating machines! Michael’s insights serve as a guiding light for navigating the complex journey of leadership and value creation.

For more free videos, tools, and resources about the MIND Methodology go to https://etw.com/

Michael J. McFall is the co-founder and co-CEO of BIGGBY® COFFEE, a leading coffee franchise in the United States. With a career path that advanced from being a barista to a coffee titan, Michael exemplifies the power of hard work and hands-on experience. His leadership philosophy prioritizes people and purpose over profits (a familiar theme with great leaders we’ve seen on the show) reflecting his belief in the transformative power of purpose-driven business.

Michael shares insights from his journey to the top of the industry which are a must listen to for any budding or seasoned entrepreneur.

Key Takeaways:


Embrace Small Challenges: Entrepreneurs should consider their businesses as platforms for addressing societal challenges, even on a small scale, to create meaningful impact and creating value.

The Importance of Value Creation: The journey of an entrepreneur should focus on creating value that is not just financial but also emotional and spiritual, ensuring a balanced contribution to society. We can create an impact with our work and business beyond our imaginations.

Growth Through Engagement: Personal and professional growth are intertwined. Entrepreneurs should foster environments that encourage this dual growth, facilitating continuous learning and adaptation. When people level up, so does business, so does impact. It’s a win-win.

This was a fun and insightful conversation with another value creator who understands the importance of people in the workplace. Too often money is put over doing the right thing and creating true lasting value. What did you learn from this episode? I’d love to know!

For more free videos, tools, and resources about the MIND Methodology go to https://etw.com/

In this episode, I’m thrilled to introduce you to Alana Stott, a visionary entrepreneur, author, and philanthropist at the helm of Wolfraven Omnimedia. Alana's unwavering commitment to empowering women and children shines through her diverse ventures and storytelling, aiming to inspire and effect positive change globally.

She’s released bestsellers such as "How to Ask for Money," her empowering memoir "She Who Dares," and a series of children's books.

Her journey from a humble background in Scotland to impactful leadership in both the non-profit and business worlds is both inspiring and instructive. Alana opens up about her motivations, the lessons she's learned, and how she turns challenges into opportunities for growth.

Key Takeaways

• Motivation to Help Others: Alana talks about her innate desire to assist people in need, a trait she's carried with her from a young age. This desire is deeply rooted in her upbringing and has guided her actions and career.

• Benefits of Service: Stott emphasizes the dual benefits of service—how it aids those in need and enriches the giver's life. She believes in the power of service to transform both lives and communities.

• Facing Fear: Alana discusses her approach to fear as an opportunity rather than an obstacle. She encourages listeners to embrace fear as a part of growth, pushing them towards their goals.

I think every value creator is going to love this conversation with Alana. This is true value creation to make the world a better place. Value creators live to give!

Learn more about Alana at https://alanastott.com/

#gratitude #kindness #entrepreneurmindset

For more free videos, tools, and resources about the MIND Methodology go to https://etw.com/