EP 272: When Your Business Owns You: The EOS Solution- Ray Myer's Journey With EOS WorldWide

What makes Ray Myers with EOS Worldwide a good neighbor?

Ever feel like your business owns you instead of the other way around? You're not alone. 

Ray Myers of EOS Worldwide joins the Good Neighbor Podcast to reveal the transformation possible when entrepreneurs implement the right systems. As a veteran of nine business ventures—some wildly successful, others "total train wrecks"—Ray brings hard-earned wisdom to his role as an EOS implementer.

The Entrepreneurial Operating System isn't software or a passing fad, but a comprehensive methodology helping over 300,000 companies worldwide achieve greater vision, traction, and health. Ray breaks down how these three pillars work together: aligning everyone on where you're going, creating accountability at every level, and building truly functional leadership teams. Most compelling is Ray's personal testimony of using EOS to rescue his own struggling company from cash flow problems and employee stress, ultimately tripling productivity before a successful exit.

What sets Ray's approach apart is his understanding that numbers alone don't determine success. The ideal client isn't just an owner-led business with 10-250 employees, but someone "more afraid of the status quo than they are of change." His reflection on how his rural farming background unexpectedly prepared him for entrepreneurship offers a powerful reminder that perceived setbacks often contain hidden advantages.

Ready to stop feeling trapped by your business? Ray offers free 90-minute workshops for curious Frisco business owners. Find him at EOSWorldwide.com or by searching "Ray Myers EOS" to discover how his proven process might help you finally get your life back while building the company you always envisioned.

To learn more about EOS Worldwide go to:

https://www.eosworldwide.com/ray-myers

EOS Worldwide

469-939-9746

Episode Transcript

Speaker 1 (00:00):
This is the Good Neighbor Podcast, the place
where local businesses andneighbors come together.
Here's your host, Sophia Yvette.

Speaker 3 (00:10):
Welcome to the Good Neighbor Podcast.
Are you in need of an executivebusiness coach?
Well, one may be closer thanyou think.
Today I have the pleasure ofintroducing your good neighbor,
Ray Myers, with EOS Worldwide.
Ray, how's it going today?

Speaker 2 (00:25):
It is going great, Sophia.

Speaker 3 (00:28):
Awesome, awesome.
Well, it's a pleasure to haveyou on and we're so excited to
learn all about you and yourbusiness.
Can you tell our listeners abit about your company?

Speaker 2 (00:37):
Sure, the way I usually introduce it, I'll ask I
imagine you doing this podcastknow a lot of people who are
business owners.
There's probably a lot of themthat are listening as well.
And if you go to any of thosepeople and you ask them why, why
did you start a business?
Why didn't you just, you know,go work for a boss, they're
going to say things like well, Iwanted to be my own boss, I

(00:58):
wanted to make a lot of money, Iwanted to have great work-life
balance.
Then you say, okay, how's thatworking out?
And if they're being honest, alot of times you're not getting
everything they want.
They feel like the businessowns them.
So I'm the guy who fixes all ofthat.
I'm a business coach.
I work with business owners andtheir leadership teams.

(01:18):
I try to get them more of whatthey want for their business.
I work with a simple set ofproven practical tools.
It's called the EntrepreneurialOperating System, or EOS for
short.
It does three things.
It improves vision, tractionand healthy vision from the
standpoint of getting everybodyin your organization 100% on the

(01:39):
same page with who you are.
Where are you going?
How are you planning to getthere?
Traction is about instilling asense of discipline and
accountability down through theentire organization.
So if you're a business owner,everywhere you look you see
people executing on your vision,and healthy is just about
building a more functional,happy, cohesive leadership team,

(02:00):
because great leaders don'talways make great team members.
So that's what I do, in aslightly long-winded way, but
that pretty much encapsulates it.

Speaker 3 (02:16):
And how did you originally get into this
business, right?

Speaker 2 (02:20):
I've been an entrepreneur all my life.
I've started nine differentcompanies.
A lot of them were really greatsuccesses, had strong exits on
them, built you know, a lot ofwealth for a lot of people.
But a handful of them weretotal train wrecks and if you
ask any entrepreneur out there,they'll tell you they're being
honest you learn more from thetrain wrecks than you do from
the successes.

(02:40):
So in my last business, it wasnot going well.
We were burning cash, we werelosing customers, we had a
retention problem.
The entire employee base wasstressed out.
It was hurting me, it washurting my family, it was
hurting my health.
To make a long story short, weimplemented EOS in that company

(03:01):
with just a few quarters.
We'd fixed the cash flow issues, we'd improved retention, we
tripled productivity and gotready for a successful exit.
So I retired from that oneabout three months ago now.
So now my core focus, all thatI do, is help business owners
not make the same mistakes thatI did and help them get the kind
of same results.

Speaker 3 (03:22):
Now being in your industry, ray, what is the most
common myth or misconception youcome across?

Speaker 2 (03:29):
You know, lots of times I will run into people and
they haven't heard of EOS.
We are running in 300,000businesses around the world.
We have a best-selling bookcalled Traction by Gino Wickman,
but a lot of people haven'theard of us.
Some people think it's asoftware company.
It's not.
Anytime I ever hear a negativecomment about EOS, it's always

(03:52):
because it wasn't done right.
They piecemealed it together.
They kind of did the cafeteriaplan.
They picked some of it anddidn't do all of it.
It's designed to work together.
You need an internal productchampion or an external product
champion.
That's what I do to really getthe full benefit from it.

Speaker 3 (04:12):
Now, Ray, we know a little bit about who your target
clients are, but in terms ofmarketing, how do you attract
them?

Speaker 2 (04:21):
clients are.
But in terms of marketing, howdo you attract them?
Yeah, uh, we.
I work with entrepreneurialcompanies, ideally owner-led.
10 employees to 250 employees,about a million and up in
revenue if it's much smallerthan that.
Eos is about execution.
It's not about, you know, thestartup phase.
I work with local teams.
I work with virtual teams.
But I need more than just thosenumbers to make it work.

(04:42):
I need a business owner wholegitimately wants more out of
his or her business and they'rewilling to do some work, to be
open, honest, vulnerable to getit.
Somebody who's more afraid ofthe status quo than they are of
change.
And, quite honestly, the vastmajority of my new business I
attract through referrals fromexisting clients.

(05:03):
It works for them.
They got me to tell theirfriends.

Speaker 3 (05:08):
So, ray, have you ever thought of having your very
own podcast?

Speaker 2 (05:12):
About having a what.

Speaker 3 (05:14):
Ray, have you ever thought of having your very own
podcast?

Speaker 2 (05:18):
Actually.
No, that might be aninteresting idea.
I've been on a handful ofpodcasts since I started doing
this, but no, I haven'tconsidered the idea of my own.

Speaker 3 (05:28):
So let's go ahead and switch gears for a second.
Can you tell our listeners anddescribe to them a hardship or
life challenge you overcame andmade you a better and stronger
person today?
Sure.

Speaker 2 (05:44):
Yeah, I was raised in a rural farming and ranching
community and there weren't alot of great opportunities in
that world.
So I thought whenever I was akid that you know, my main life
goal was just to escape from it,to get out of that environment.
But as I've gotten older Ifigured out all those farmers

(06:07):
and ranchers that I knew.
They were independent businessowners.
They didn't have a boss, theydidn't punch a clock.
They succeeded or they failedbased off how committed and how
hardworking they were.
So I guess some of that rubbedoff of me in a good way.
So I thought it was adisadvantage, but I'm seeing
some of the advantages in it now.

Speaker 3 (06:28):
Like they say, every setback is really a setup for
success.

Speaker 2 (06:33):
Sure can be.

Speaker 3 (06:36):
So, ray, please tell our listeners one thing you
would like them to rememberabout EOS Worldwide.

Speaker 2 (06:45):
Mainly that it works.
It's not theory, it's not aworkshop, it's not a fad.
It's a proven process.

(07:05):
There's 300 passionate about itthat I offer 90-minute free
workshops to anyone who is justa little curious and wants to
check it out.
I'd love to help some Friscobusiness owners get their lives
back.

Speaker 3 (07:19):
And where can our listeners go to learn more about
EOS Worldwide?

Speaker 2 (07:24):
EOSWorldwidecom lists all of the information that you
need.
I have a page there.
My name is Ray Myers.
My last name is spelledM-Y-E-R-S.
If you Google Ray Myers EOS, Ithink I'll like the top 10
results on that, and so I'mpretty easy to find.

Speaker 3 (07:43):
Well, Ray, I really appreciate you being on the show
.
We wish you and your businessthe best moving forward.

Speaker 2 (07:50):
Thank you very much.
It's a pleasure to be here.

Speaker 1 (07:52):
Thank you for listening to the Good Neighbor
Podcast.
To nominate your favorite localbusinesses to be featured on
the show, go to GNPFriscocom.
That's GNPFriscocom, or call469-221-9345.