April 23, 2024

Becoming a Renegade Entrepreneur with Benj Miller

34 minutes

Episode 040: The traditional path to building a business is often painted as a clear roadmap, following established blueprints and pre-defined steps. But, some founders follow a different playbook — one that focuses on the human element of business, fostering an environment that becomes a breeding ground for personal and professional growth.

In this episode, Kyle talks with Benj Miller, Co-Founder & CEO of System & Soul. Benj is a proven entrepreneur who values character, culture, and innovation. In 2021, he co-founded System & Soul, a business operating framework that teaches leadership teams how to find unity, get healthy, and be more effective. Benj has also founded other marketing and software businesses, authored The Clarity Field Guide, and co-hosted the System & Soul Podcast.

Benj talks with Kyle about the importance of having a renegade spirit in business. He explains how System & Soul differs from other operating systems and why businesses should focus on people development and business growth. Benj also provides insights into leadership development and offers practical advice for RIAs looking to build successful and fulfilling businesses.

Join us as we discuss:

[02:52] - How System & Soul came to be.

[05:58] - The unique challenges facing RIAs in building a business.

[08:37] - Benj's advice on building an RIA.

[09:53] - What makes System & Soul different from other operating systems.

[13:49] - Qualities that make a great leader.

[17:44] - What it means to be a renegade entrepreneur.

[22:47] - Benj's practical advice for business owners.

[24:55] - The transition from renegade founder to renegade leader.

[27:23] - How Benj helps people define their goals and find clarity.

[30:31] - Milemarker minute: Benj's basketball team, bucket list travel destination, and dream car.

Key Takeaways

Building a successful business requires a renegade spirit willing to take risks and go against the odds.

Leadership development is crucial for RIAs to become effective leaders who can create a positive and energizing work environment.

RIAs face unique challenges in building their businesses, including the need to transition from being solely focused on managing clients to building the business itself.

Transitioning from a renegade founder to a renegade leader does not necessarily mean becoming the CEO. It is about finding the role that aligns with your strengths and passions.

Quotes

"If you're building an RIA, don't be afraid to look outside your industry to bring in the best talent you need who are business builders. We need business builders, or else we'll just be stuck with plateauing or very linear growth based on individual books of business." ~ Benj Miller

"Logically, it's just dumb to start a business. But there's something in a renegade that has to do it. The risk of regret is worse than the risk of failure." ~ Benj Miller

“The world needs your renegade spirit, your renegade energy. There are some things the business might need to do to grow and you might have to do some things to shift from a renegade founder to a renegade leader. But please, please, please don't lose that renegade spirit.” ~ Benj Miller

Links

Benj Miller on LinkedIn

System & Soul

Renegades

Ninety

The Clarity Filed Guide

Chris White

Michael Kitces

Tim Spiker

The Only Leader’s Worth* Following

Connect with our hosts

Milemarker.co

Kyle on LinkedIn

Jud on LinkedIn

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By Milemarker

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