Larry Broughton is Founder and CEO of broughtonHOTELS; Broughton Advisory Group; and yoogozi.com. He’s an award-winning entrepreneur & CEO; a best-selling author; keynote speaker; and former U.S. Army Green Beret committed to helping visionaries, leaders and high-achievers step into the leadership gap.

Secret -- timesaving technique

Utilize a traditional to-do list and don’t be afraid to delegate your duties. Always focus on your passion. ONWARD!

Daily habit that contributes to success

Larry has developed a morning routine grounded in meditation and personal enrichment.

Could have ruined your business -- but now -- an invaluable learning experience

Larry lost nearly 40% of his hotel investments during 2001 -- and Larry tells the whole story here.

Most critical skill you think business owners need to master to be successful

“A business owner has to become a skilled life-long leader who can do the hard right over the easy wrong.”

Most influential lesson learned from a mentor

“You have to push yourself to become a fully transparent expert in your respective field.”

Final Round -- “Breaking Down the Recipe for Success”

What systems would you go back and put into place sooner?

“I would systematically build my corporate and personal brands at the same time.”

What one strategy or “recipe” would compound into big wins for business owners?

Be slow to hire and quick to fire -- make sure to do your homework.

How to exceed expectations and add the most value?

An individual who communicates with teammates and dares to fail greatly.

What strategy would you recommend new business owners focus on to best ensure success?

1. Develop a board of advisors with a vested interest
2. Find a good mentor
3. Take rapid action

How best to connect with Larry:

• http://yoogozi.com