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The Game Changing Attorney Podcast with Michael Mogill

44. Horst Schulze — Excellence Wins: Become the Best in a World of Compromise

The Game Changing Attorney Podcast with Michael Mogill

Michael Mogill

Management, Business, Marketing, Entrepreneurship

5.0540 Ratings

🗓️ 9 February 2021

⏱️ 48 minutes

🧾️ Download transcript

Summary

"What is average? Average is the bottom of good and the top of bad. Why would you not make a decision to be truly excellent in your particular business?" - Horst Schulze Why should every business have a clearly defined vision? How can empowering your employees benefit your clients and you? What are the four cornerstones of a great company? How should you orient new staff to promote your values and vision? The Advocate of Excellence Horst Schulze learned early on that in order to excel, you must be excellent. From his humble beginnings as a server's assistant, he worked his way up through both the Hilton and Hyatt Hotels before helping to found The Ritz-Carlton Hotel Company in 1983. Horst's obsession with excellence has earned him commendations such as Corporate Hotelier of the World and the Ishikawa Medal for personal contributions to the quality movement — and his subsequent venture, Capella Hotel Group, continues to push the bounds of luxury and quality. Excellence Permeates To be the best — and to hold that position — you must always be looking for ways to excel. Not only does this benefit you, but it inspires those you lead to do the same. Horst tells us all about the role self-betterment plays in your company and how striving to be the best can positively influence those around you, resulting in happy customers and a stronger company. Customer Loyalty Through Company Culture Customer loyalty doesn't necessarily depend on the quality of the product. It is fostered through continued excellence in the service you provide, which can only be delivered through your employees. We discuss how instituting a culture of excellence can improve your law firm and result in more loyal clients. We also talk about the dangers of poor service and how a loyal customer can quickly switch from being an evangelist for your company to a terrorist for your reputation. Key takeaways: Don't just hire qualifications — select values. Bring in staff members that believe in your vision, want to achieve your goals, and will be advocates for your mission. Prioritize customers over the business. It is not enough to think that customers will flock if you have a good company. You must serve their needs first in order to create a successful business. Every complaint is an opportunity for you to promote loyalty. Recognize them as a chance, not to shut out a bad customer, but to bring in a loyal one. Links and Resources The Game Changing Attorney Podcast Michael Mogill Facebook Michael Mogill Twitter Michael Mogill Instagram Michael Mogill LinkedIn Crisp Video Website Crisp Video Facebook Crisp Video Group Twitter Crisp Video Instagram Crisp Video LinkedIn Horst Schulze Website Need to Lead Website Capella Hotel Group *Excellence Wins* Book

Transcript

Click on a timestamp to play from that location

0:00.0

The dissatisfied customer is it becomes a terrorist against your company.

0:05.8

They can go on the social network and they destroy you.

0:09.5

That's Horst Schultzzi, co-founder of the Ritz-Carlton Hotel Company.

0:13.5

I made it very clear.

0:15.0

The only one that can make a decision that the guest is a jerk is me.

0:19.4

That's one thing I cannot empower. I'm Michael Mogul,

0:26.5

founder and CEO of Crisp Video, the nation's number one law firm growth company. I've built my

0:31.4

business through practice, not theory. Crisp started with just $500 to my name and has grown

0:36.0

to over eight figures in revenue over the last few years,

0:38.8

earning a spot on the Inc 500 list of the fastest growing private companies in America.

0:43.0

Our approach has been to take everything we've learned about generating massive growth within our own organization

0:47.4

and help the country's most ambitious and committed law firm owners do the same for theirs.

0:52.1

In each episode of this podcast, I sit down with

0:54.4

innovative market leaders from the legal industry and beyond. To learn from those who thrive

0:58.6

in the face of adversity, challenge the status quo, and define what it means to be a true

1:02.5

game changer. I sat down with Horace Schultzzi to discuss how to be truly excellent in a world of

1:07.6

compromise, how to empower and inspire your team, and why anticipating

1:11.0

and exceeding your customers' expectations will take you to the top.

1:14.3

I know who our customer was. The average age was only 44 years old. I knew they may travel

1:19.8

another 30 years. They had the potential of spending $200,000 by themselves lifetime with us. Why wouldn't I move heaven or to keep them?

1:31.1

That's coming up on the Game Changing Attorney Podcast.

1:39.2

Poor Schultzzi is the co-founder of the Ritz Carlton Hotel Company. He's also the founder

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