Ep. 357 - Letters to My Younger Self: The Biggest Lessons Every Entrepreneur Needs to Learn
Second in Command: The Chief Behind the Chief with Cameron Herold
Second in Command with Cameron Herold
4.5 • 1.6K Ratings
🗓️ 15 February 2024
⏱️ 107 minutes
🧾️ Download transcript
Summary
Today's episode of the Second in Command podcast is a talk by Cameron, as he explores the crucial aspects of entrepreneurship and leadership. He begins by emphasizing the significance of understanding one's value, discussing his own experience with setting high hourly rates for his coaching and speaking engagements. Cameron asserts the importance of delegating lower-value tasks to focus on areas of genius, thereby maximizing productivity and profitability.
He explores the unique traits of successful entrepreneurs, notably discussing the relationship between entrepreneurial characteristics and mental health. Cameron candidly shares his perspectives on bipolar disorder and ADD, highlighting how these traits often align with entrepreneurial strengths such as high energy, creativity, and restlessness. He illustrates this through engaging stories, including a personal encounter with Marcelo Claure, CEO of Sprint, revealing how perceived weaknesses can be powerful entrepreneurial assets.
Cameron offers practical advice on business management and growth. He stresses the necessity of clear communication, efficient meetings, and effective delegation. Reflecting on his experiences with 1-800-GOT-JUNK?, he underscores the impact of leadership on a company's culture and success. Cameron's guidance is not just about scaling a business but also about personal growth, work-life balance, and finding joy in the entrepreneurial journey.
Enjoy!
In This Episode You'll Learn:
- How Cameron values his time and expertise, and how this perspective can transform your approach to business and personal growth.
- The unique characteristics common among entrepreneurs, including how traits often associated with bipolar disorder and ADD can be advantageous in business.
- The power of delegating lower-value tasks to concentrate on areas where you excel, enhancing productivity and focus.
- Cameron's viewpoint on the intersection of mental health issues like bipolar disorder and ADD with entrepreneurial success.
- The profound impact of leadership on shaping a company’s culture and the overall success of the business.
- Tips on conducting efficient meetings, clear communication, and the importance of concise email practices.
- How to find a balance between scaling your business and maintaining personal well-being and happiness.
- Strategies for dealing with challenging business situations and making effective decisions.
- And much more...
Resources:
Connect with Cameron: Website | LinkedIn
Get Cameron’s latest book “Meetings Suck: Turning One of The Most Loathed Elements of Business into One of the Most Valuable”
Get Cameron’s online course – Invest In Your Leaders
Transcript
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| 0:00.0 | I get paid $10,000 for a 1 hour zoom or $15,000 for a 1 hour or 40,000 for an in-person speaking. |
| 0:05.6 | So I know my value is somewhere between 4,000 an hour and I can't even say 40 because then you have to travel |
| 0:11.0 | for that. |
| 0:12.0 | But somewhere between 4 and 15,000 an hour is my hourly rate. |
| 0:14.5 | So my hourly rate, why am I doing jobs that are $20 or $50,000, 100 hour jobs? |
| 0:21.5 | Right? If I can get paid $4,000 to coach someone, I should delegate everything |
| 0:25.8 | except genius and just spend a couple hours cold calling to land a couple more coaching |
| 0:29.5 | clients. Welcome to the Second in Command Podcast, produced by the CLiance and brought to you by its founder, Cameron Herald. |
| 0:44.0 | In the second-in-command podcast, we talked to top COOs who share the insights, strategies, |
| 0:50.0 | and tactics that made them the chief behind the chief. |
| 0:53.4 | And now here's your host, Cameron Harold. |
| 1:00.5 | All right, so I just need to get a quick show of hands and this session is not only for |
| 1:05.0 | entrepreneurs it's really for anyone who wants stronger leadership lessons in |
| 1:08.4 | their life and we're going to break the session up about 75 minutes of me presenting and then about 45 minutes of Q&A time, like really, really |
| 1:16.5 | deep Q&A where I can really hopefully help you and assist you in your businesses or in your |
| 1:20.4 | life as a leader. |
| 1:21.4 | Who here though, just a show of hands, |
| 1:24.2 | put your hands up pretty high if you are an entrepreneur? |
| 1:27.3 | Okay, so pretty good show. |
| 1:28.2 | So I just want to see how truly entrepreneurial you are. |
| 1:32.4 | I have to read this list and then I'll put my phone away I promise. |
| 1:36.2 | So I'm going to read a list of 11 traits of entrepreneurs. I want you to count how many of these |
... |
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