00:53 – Michael introduces today’s guest, Daniel Marcos
02:47 – Why everything starts and ends with the CEO
05:10 – Daniel speaks to why the strength of the founder usually becomes the weakness of the company
07:12 – Level Five Leaders
09:39 – The Southwest Airlines example
10:56 – Daniel’s entrepreneurial journey
16:50 – The importance of coaching
20:45 – Daniel speaks to his fundraising prowess
25:39 – Keeping up with the speed of scaling as a CEO
30:01 – The decision to leave his company, travel, and go back to school
32:13 – Daniel opens up about his mortgage company that failed in 2008
35:21 – Building the Growth Institute
37:44 – The value of learning through reading
39:14 – The importance of self-care
40:41 – Stages of growth
45:39 – Understanding that business plans change
46:04 – The second growth stage: sales
48:47 – The third growth stage: scaling and infrastructure
51:13 – The fourth growth stage: dominating your industry
52:03 – Differentiating between being an employee and owner of a company
54:56 – Michael and Daniel discuss core values
59:20 – Michael encourages the audience to visit Daniel’s website
59:50 – Daniel talks about his Master of Business Dynamics Program
1:02:37 – Michael teases the topic of the next episode of CEO Brain Food
1:02:52 – Where to find Michael’s Functional Team Scorecard
TWEETABLE QUOTES
“Usually what I’ve found is the strength of the founder becomes the weakness of the company.” (05:16)
“We as coaches need coaches. We cannot coach ourselves.” (19:46)
“So whenever you’re doing something you want to do, something that is a challenge, you do it well. When you see it as a problem, then you’re gonna do it well.” (31:16)
“And, by the way, the more I learn and the more exercise I do in the morning, the better day I have after.” (39:01)
“People believe they can do a business plan and they’re going to execute the business plan exactly as they thought. No way.” (45:39)
“So that’s when you begin scaling, after sixteen to twenty employees. And you have to build and invest in infrastructure. And then you have to align and simplify the operation.” (50:12)
“The only way to bypass this growth is really throwing a lot of money to fix mistakes and problems.” (57:30)
RESOURCE LINKS
BOOKS MENTIONED
Good to Great: Why Some Companies Make the Leap and Others Don't
Mastering the Rockefeller Habits: What You Must Do to Increase the Value of Your Growing Firm
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