The ONE Thing

11. Building Coffee Beans into an Empire - Fmr CEO Annie Hyman Pratt

Listen Later

Do you ever wonder what it will take to scale your business into an empire? Today you get to meet the former CEO of The Coffee Bean & Tea Leaf, Amy Hyman Pratt, who will break down how she scaled her business by focusing on three things: Accountability Top talent Showing up as the best version of herself

In this episode you will learn...

  • [4:19] A difficult (and expensive) decision Annie had to make because it was the right decision.
  • [7:15] Why scaling a business can lead to huge challenges.
  • [9:47] Why micromanaging can hurt your organization.
  • [11:30] AH-HA Moment: The moment Annie realized she needed to make a huge mindset shift.
  • [13:20] Why you need to create a culture of open and honest communication in your organization.
  • [14:42] Why you need to take responsibility for leveling up your mindset when you are affected by limiting beliefs.
  • [15:43] How you can create a psychologically safe environment for your team.
  • [16:55] How you can learn to succeed through others.
  • [17:50] Why honoring your core values will force you to sacrifice something – and guide you towards long-term success.
  • [21:24] How to identify YOUR North Star...
  • [22:25] ...and the ONE thing you can do to stick to it.
  • [25:54] Why these three things will help you build a team that grows quickly – without losing your ONE thing.

    • The ONE Thing to Take Away From This Episode:

    Ask this question to assess the accountability of prospective talent: “Tell me about a time when a mistake was made in an organization and you got blamed hardcore for it. What was the situation, how did it turn out, and what would you do differently next time?”

    Links & Tools From This Episode

    • IMPAQentrepreneur.com
    • RapidBusinessGrowthIntensive.com

      • AWESOME FREE RESOURCES FOR YOU!

      • Form your first power habit with your 66 Day Challenge Calendar Check out our awesome blog!
      • [FREE Training] How to Start Time Blocking TODAY!  

        • Production & Development for The ONE Thing Podcast by Podcast Masters

        Mentioned in this episode:

        Factor 75

        Head to FactorMeals.com/one50 and use code one50 to get 50%

        off. That’s code one50 at FactorMeals.com/one50 to get 50% off!

        Factor 75

        ...more
        View all episodesView all episodes
        Download on the App Store
        The ONE ThingBy Keller Podcast Network
        • 4.8
        • 4.8
        • 4.8
        • 4.8
        • 4.8

        4.8

        1,083 ratings

        More shows like The ONE Thing

        View all
        BiggerPockets Real Estate Podcast by BiggerPockets

        BiggerPockets Real Estate Podcast

        16,815 Listeners

        Achieve Your Goals with Hal Elrod by Hal Elrod

        Achieve Your Goals with Hal Elrod

        1,315 Listeners

        Motivation with Brendon Burchard by Brendon Burchard

        Motivation with Brendon Burchard

        3,636 Listeners

        Real Estate Rockstars Podcast by Aaron Amuchastegui

        Real Estate Rockstars Podcast

        880 Listeners

        Real Estate Training & Coaching School by Tim & Julie Harris - Real Estate Coaches

        Real Estate Training & Coaching School

        678 Listeners

        The Tom Ferry Podcast Experience by Tom Ferry

        The Tom Ferry Podcast Experience

        1,134 Listeners

        It's a Good Life by Brian Buffini

        It's a Good Life

        2,541 Listeners

        The Tony Robbins Podcast by Tony Robbins

        The Tony Robbins Podcast

        6,412 Listeners

        The Martell Method w/ Dan Martell by Dan Martell

        The Martell Method w/ Dan Martell

        336 Listeners

        THE ED MYLETT SHOW by Ed Mylett | Cumulus Podcast Network

        THE ED MYLETT SHOW

        14,050 Listeners

        Keeping It Real Podcast • Secrets Of Top 1% REALTORS ® • Interviews With Real Estate Brokers & Agents by D.J. Paris

        Keeping It Real Podcast • Secrets Of Top 1% REALTORS ® • Interviews With Real Estate Brokers & Agents

        258 Listeners

        Massive Agent Podcast by Dustin Brohm

        Massive Agent Podcast

        331 Listeners

        The Ninja Selling Podcast by Ninja Selling

        The Ninja Selling Podcast

        321 Listeners

        DarrenDaily On-Demand by Darren Hardy LLC

        DarrenDaily On-Demand

        1,737 Listeners

        Empire Building by Keller Podcast Network

        Empire Building

        418 Listeners

        The Color of Money | Transformative Conversations for Wealth Building by Keller Podcast Network

        The Color of Money | Transformative Conversations for Wealth Building

        31 Listeners

        The Millionaire Real Estate Agent | The MREA Podcast by Keller Podcast Network

        The Millionaire Real Estate Agent | The MREA Podcast

        336 Listeners

        Think Like A CEO with Gary Keller & Jay Papasan by Keller Podcast Network

        Think Like A CEO with Gary Keller & Jay Papasan

        0 Listeners