7 Unconventional Ways We Run Our Companies | Ep. #1325

Marketing School - Digital Marketing and Online Marketing Tips

Eric Siu and Neil Patel

Business, Marketing, Careers

4.6 • 1.4K Ratings

🗓️ 18 March 2020

⏱️ 9 minutes

🔗️ Recording | iTunes | RSS

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Summary

In episode #1325, we talk about seven unconventional ways that we run our companies. There are so many different ways to organize and direct a company and we share just seven that have helped us gain some of the success we have experienced. Tune in to hear about remote-friendly offices, direct feedback, lunch and learns, and more! TIME-STAMPED SHOW NOTES: [00:25] Today’s topic: 7 Unconventional Ways We Run Our Companies. [00:36] The hybrid-remote model and staying remote-friendly in today's economy. [01:10] Putting a CEO in place to run the ship and make sure things are working. [01:48] The usefulness and efficacy of direct feedback with your team. [02:45] Implementing a profit sharing pool for key members of your company. [03:41] Encouraging employees to have their own side projects for extra creativity. [04:12] Using 'lunch and learns' and taking on useful topics for the team. [05:25] The Jeff Bezos-inspired idea of memos for more thoughtful communication. [07:00] Getting away from needless meetings and the impact of more time for client work. [07:58] That’s it for today! [08:00] To stay updated with events and learn more about our mastermind, go to the Marketing School site for more information. Links Mentioned in Today’s Episode: Acceleration Partners Jeff Bezos HackerNews Leave Some Feedback: What should we talk about next? Please let us know in the comments below Did you enjoy this episode? If so, please leave a short review. Connect with Us: Neilpatel.com Quick Sprout Growth Everywhere Single Grain Twitter @neilpatel Twitter @ericosiu Learn more about your ad choices. Visit megaphone.fm/adchoices See omnystudio.com/listener for privacy information.

Transcript

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0:00.0	Welcome to Marketing School, the only podcast that provides daily top-level marketing tips and strategies from entrepreneurs that practice what they preach and live what they teach.
0:11.5	Let's start leveling up your marketing knowledge with
0:14.0	your instructors Neil Patel and Eric Sue.
0:19.2	All right guys before we start we got a special message from our sponsor.
0:24.0	If you want to rank higher on Google,
0:25.9	you got to look at your paid speed time.
0:28.5	The faster your website loads, the better off you are.
0:31.3	With Google's core vital update,
0:33.0	that makes it super, super important
0:34.8	to optimize your site for low time.
0:37.6	And one easy way to do it is use the host
0:40.0	that Eric and I use, Dreamhost.
0:42.0	So just go to Dream Host or Google it.
0:44.8	Find it, check it out, and it's a great way
0:47.0	to improve your low time.
0:50.5	Welcome to another episode of Marketing School. I'm Eric Sue. And I'm Neil Patel.
0:56.0	And today we are going to talk about seven unconventional ways we run our companies.
1:00.0	All right, so I will start with way number one. So we have a hybrid remote model, so we like
1:08.1	remote. We're remote friendly. I'll say it that way. So on the agency side, because we like having the serendipity of people getting creative and
1:15.7	talking in a room and there's just a lot of ideas that go back and forth and a lot of
1:19.3	touch points on that we do a three-two model meaning that we're in the offices Monday through Wednesday and then Thursday Friday people work from home and they really like that model because Thursday Friday they get to just focus on their work and then by the time Monday rolls around Wednesday they crank out all the meetings again and just go back
1:36.7	home.
	...

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