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Thrivetime Show | Business School without the BS

Management is Mentorship and the Art of Scaling

Thrivetime Show | Business School without the BS

Clay Clark

Business, Entrepreneurship

4.71.5K Ratings

🗓️ 6 November 2022

⏱️ 20 minutes

🧾️ Download transcript

Summary

Clay and Doctor Z break down game-changing quotes from Honest Tea’s founder, Seth Goldman on the importance of developing your own talent within your business and knowing the right time to sell your business.

Transcript

Click on a timestamp to play from that location

0:00.0

Get ready to enter the Thrive Time Show 3, 2, 1, Boom!

0:08.7

Alright, Thrive Nation, welcome back to the conversation.

0:11.0

Today we're breaking down the words of Wisdom of Seth Goldman, the founder of Honest T.

0:16.2

And one of the things that he talks about, this is powerful, and I want you to take note

0:21.2

on this.

0:22.2

He says, it's crucial to develop your own talent, to do that you have to offer more to

0:28.0

your employees than great compensation.

0:30.2

You have to make it clear to them as the company grows, they can grow along with it.

0:35.1

And so I'm going to make this very actionable for you, very specific, but then I'm not

0:39.4

going to give you the time needed to do it, you'll have to create that time.

0:43.8

So you have to create an org chart, an organizational chart.

0:49.4

For elephant in the room Z, we just rolled that out about a month ago, and after the show

0:55.0

I want to talk to you a little bit more about that, but I rolled it out.

0:57.8

And a lot of the people on the entry level were saying, what?

1:03.9

What?

1:04.9

You mean if I do this, I can get promoted to that, and from this to that, it's like this,

1:12.0

that and this and that.

1:13.0

It's like this.

1:14.0

This is a roadmap for me being here a long time.

1:15.7

And people were really excited though, knowing that if I go from here to here, and so

1:19.2

I pointed out to him, I said, hey listen, Daisy started out as a call rep, now she's

1:23.4

the manager, Dan started off, here's a coordinator, who's the manager.

...

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