Joe Calloway is a keynote speaker on leadership and business performance as well as a successful business advisor, having worked with notable clients such as Coca Cola, Cadillac, American Express, and more. Joe helps companies create more effective teams, build stronger leaders, and improve their business performance. Joe is also the author of five books including A Category of One, Magnetic, and Work Like You're Showing Off.

Joe has a ton of great insight for today's listeners as he talks about the importance of focusing on the basics, simplifying business tasks, and why every business owner should focus on only three things at a time. Throughout his career, Joe has seen the power of three and says this makes the difference between a proactive entrepreneur vs. an inactive entrepreneur who is feeling stuck.

 

Show Notes:

[1:55] Who is Joe Calloway?

[6:10] A small business can act on an idea immediately, whereas a big fortune 500 company has to jump through the corporate hoops to act on a change. Joe prefers working with small businesses for this reason.

[8:25] What kind of challenges does Joe help business owners tackle?

[11:55] A lot of entrepreneurs are getting stuck and this leads to inaction.

[13:10] What factors make an entrepreneur proactive vs. inactive? It boils down to leadership and who you hire.

[15:05] In Joe's book, Magnetic, he talks about why entrepreneurs should focus and be clear with their priorities. As Joe says, "Whoever wins on the basics – wins."

[16:30] Joe shares a client story. The key takeaway? Focus on three things you can do better than anyone else.

[17:50] Joe talks about the differences between struggling vs. successful owner mindsets. Discover more. 

[18:45] If you can't explain your business process simply, then you don't understand your business.

[20:55] How can leaders and their teams keep things simple?

[23:10] Joe's favorite number is three. He says it's the magic number that helps us gain focus and clarity. Focus on three things you need to do for the business.

[25:05] An excellent leader reminds everybody of who they are and what's truly important.

[28:05] Listen to Joe's advice on hiring the right person/team. You won’t want to miss this!

[30:55] Companies begin to see their downfall when they feel as though they have it 'all figured out'.

[33:05] Why do some entrepreneurs pivot better than others? Joe says these entrepreneurs are willing to take action and realize that it may fail.

[39:35] What can companies do to increase customer endorsements? Joe shares some simple steps.

[42:35] If you're starting a business, what are some of the things you need to be thinking about?

[45:20] In the book Fred Factor by Mark Sanborn, the moral of the story is that anybody can make a difference.

[47:40] Listeners can look forward to Randy Pennington appearing on an upcoming show!

 

Referenced in This Episode:

Read:

Magnetic by Joe Calloway

Fred Factor by Mark Sanborn

 

Watch:

A preview of Joe Calloway's keynote speech

The Five Friends

 

Follow:

Randy Pennington

Mark Sanborn

Scott McKain

Larry Winget

 

Connect with Joe:

www.joecalloway.com/

 

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