Financial Challenges – The Mentors Radio

Financial Challenges – The Mentors Radio

By Tom Loarie and Dan HesseBusinessEntrepreneurshipCareersManagement
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Financial Challenges – The Mentors Radio episodes

  • 498. Why Good Character Matters Most, with CEO Stanley McChrystal, General Ret., U.S. Army

    In this episode of The Mentors Radio, host Dan Hesse talks with General Stanley McChrystal, U.S. Army General (Ret.), Commander of U.S. and International Forces in Afghanistan, Leader of the Joint Special Operations Command (JSOC), co-founder and CEO of McChrystal Group, and noted, best-selling author of several books. A one-of-a-kind leader with a new perspective on collaboration and teamwork, General Stan McChrystal is known for helping organizations tap into the potential of their people to better compete in a complex and interconnected world. Following thirty-four years of service in the U.S. Army—including as commander of U.S. and International Security Assistance Forces (ISAF) Afghanistan and commander of the nation’s premier counter-terrorism force— General McChrystal delivers his unique blend of on-the- ground experience with decades of leadership to provide practical insight and wisdom to help organizations transform and succeed in challenging, dynamic environments. General McChrystal now leads the McChrystal Group as its founder and CEO, which helps organizations of all types transform how their people, processes, and technology work together to unlock greater speed and adaptability. As the author of several best-selling books, General McChrystal latest examines the character of leaders and what makes someone who they are and, importantly, how they will be remembered. Listen to THE MENTORS RADIO broadcast on Salem Radio in San Francisco, via live-streaming on iHeart Radio worldwide or anytime, on ANY podcast platform, including Apple Podcast, Spotify, iTunes, TuneIN, Stitcher, Google Play and all the others. Sign up for the podcast here.

    SHOW NOTES:

    GENERAL STANLEY “STAN” McCHRYSTAL, General Ret., U.S. Army:

    • BIO:
      • https://leadershipheights.org/speaker-series/stanley-mcchrystal/
      • https://www.boldbusiness.com/human-achievement/stanley-mcchrystal-founder-mcchrystal-group-bold-leader/
      • BOOKS:
        • NEWEST BOOK: On Character: Choices that Define a Life, by General Stanley McChrystal
        • My Share of the Task: A Memoir, by General Stanley McChrystal
        • Team of Teams: New Rules of Engagement for a Complex World, by General Stanley McChrystal
        • Leaders: Myth and Reality, by General Stanley McChrystal
        • Risk: A User’s Guide, by General Stanley McChrystal
        • WEBSITE:
          • McChrystal Group
          • 43 min
          • 493. In Light of the $17 Billion Settlement, Cecilia Kang Describes “An Ugly Truth” about Meta

            In this episode of THE MENTORS RADIO, HOST DAN HESSE talks with CECILIA KANG, award-winning journalist and co-author of An Ugly Truth: Inside Facebook’s Battle for Domination. In this book, Kang takes us inside Meta (Facebook’s parent company), explains the company’s decisions over the years and the impact Meta has had—and still has—on our privacy, on the news users receive, and on the mental health of young people. The conversation in this episode took place before the $17 billion settlement between Meta and many State Attorney Generals.  Cecilia is an award-winning National Correspondent at The New York Times where she reports on the intersection of technology and public policy. She was part of a team that won the Gerald Loeb and George Polk awards for their coverage of Facebook and were finalists for the Pulitzer Prize. Cecilia frequently appears on national television and radio as a commentator on technology and entertainment, and she is passionate about exposing the impacts and implications of technology on society, politics and culture. Listen to episode below, or on ANY PODCAST PLATFORM here. BE SURE TO LEAVE US A GREAT REVIEW on Apple Podcasts or Spotify and share with friends and colleagues!

            SHOW NOTES:

            CECILIA KANG:

            • BIO:
              • Cecilia Kang is an award-winning National Correspondent at The New York Times, where she reports on the intersection of technology and public policy. She is also the co-author of the best seller, “An Ugly Truth: Inside Facebook’s Battle for Domination.” She was part of a team at The New York Times that won the Gerald Loeb and George Polk awards for their coverage of Facebook and were finalists for the Pulitzer Prize. Kang frequently appears on national television and radio as a commentator on technology and entertainment. She is passionate about exposing the impacts and implications of technology on society, politics and culture.
              • BOOK:
                • An Ugly Truth: Inside Facebook’s Battle for Domination, by Cecilia Kang and Sheera Frenkel
                • ARTICLE:
                  • Meta Anti-trust Trial Concludes: Meta’s Fate Now Rests with a Judge – by Cecilia Kang, New York Times
                  • Meta reaches landmark $18 billion settlement with states in trial over teen social media addiction – APNews
                  • https://www.nytimes.com/by/cecilia-kang
                  • 43 min
                  • 489. Nobel Laureate Bengt Holmström Shares How His AI “Colleague” Charlie Improves Scholarship and Life

                    In this episode of THE MENTORS RADIO, Host Dan Hesse talks with Bengt Holmström, the Emeritus Paul A. Samuelson Professor of Economics at MIT, to celebrate the 10-year anniversary of receiving the 2016 Nobel Prize in Economics for his contributions to contract theory. His research has advanced the understanding of incentives, organizations, corporate governance, and financial liquidity. Bengt is a member of the U.S. National Academy of Sciences, a Fellow of the American Academy of Arts and Sciences and the Econometric Society, and a foreign member of the Royal Swedish Academy of Sciences and the Finnish Academy of Science and Letters. He received his Ph.D. from Stanford and before MIT, he held faculty appointments at Yale and Northwestern. Dr. Holmstrom explains why factors that are hard to measure usually drive better behavior in incentive plans than those that are easy to measure.  He mentors his students that asking the right questions is far more important than answering questions. A self-described “AI optimist,” he considers the AI companion he has created, Charlie, clever and life-enriching.  LISTEN TO this radio broadcast live on iHeart Radio, or go to “THE MENTORS RADIO” podcast any time, anywhere, on any podcast platform – subscribe here and don’t miss an episode!

                    SHOW NOTES:

                    BENGT HOLMSTRÖM:

                    • BIO:
                      • BIO: Bengt Holmström
                      • https://en.wikipedia.org/wiki/Bengt_Holmstr%C3%B6m
                      • BOOKS:
                        • Inside and Outside Liquidity, by Bengt Holmström and Jean Tirole — Two leading economists develop a theory explaining the demand for and supply of liquid assets. Why do financial institutions, industrial companies, and households hold low-yielding money balances, Treasury bills, and other liquid assets? When and to what extent can…
                        • WEBSITE:
                          • The Nobel Prize: Bengt Holmström
                          • MIT Economics: Bengt Holmström (includes access to presentations, etc)
                          • 44 min
                          • 488. Major Sports Broadcaster Matt Morrison talks about What Happens When Your Public Life Collides Head-on with Every Parent’s Worst Nightmare

                            In this episode of THE MENTORS RADIO, Host Tom Loarie talks with veteran sportscaster Matt Morrison, author of “Touched: The Marin Morrison Story,” about the difficult, unvarnished truths so many families face in silence. When Matt’s 14-year-old daughter, Marin—a record-breaking competitive swimmer—was diagnosed with a rare, aggressive brain tumor, their family’s world changed forever. Through multiple brain surgeries, a stroke, and partial paralysis, Marin’s unyielding spirit and faith propelled her all the way to competing for Team USA at the 2008 Beijing Paralympics. They discuss the Crucible of Crisis (how extreme medical trauma placed immense strain on his 23-year marriage), Reinventing Identity (losing his broadcasting career at the height of the crisis and swallowing his pride to wash windows just to keep his family afloat), “Mystic Fortitude” (what Marin’s unshakeable grit, humor and connection with God can teach all of us about facing life’s impossible hurdles), and The Shared Death Experience (the spiritually profound moment at his daughter’s passing that gave Matt permanent peace and an unwavering perspective on life and loss). If you are currently navigating a career transition, dealing with family hardship or seeking a deeper sense of perspective and hope, this episode is a must-listen! LISTEN TO this radio broadcast live on iHeart Radio, or go to “THE MENTORS RADIO” podcast any time, anywhere, on any podcast platform – subscribe here and don’t miss an episode!

                            SHOW NOTES:

                            MATT MORRISON:

                            • BIO:
                              • Veteran sports broadcaster Matt Morrison spent more than 35 years working in television and radio across five decades and nine states—anchoring major markets for networks including Fox Sports Net. But while his professional life was front and center under the bright stadium lights, his private family life was entering a parent’s worst nightmare. Matt’s uncommonly vibrant 14-year-old daughter, Marin, a record-breaking competitive swimmer, was suddenly diagnosed with an aggressive, rare form of brain cancer. Through multiple surgeries, a stroke, and partial paralysis, her unshakeable spirit drove her all the way to competing for Team USA at the 2008 Paralympics in Beijing. But the immense pressure of terminal illness did not leave the family unscathed—it shattered a 23-year marriage and fundamentally altered Matt’s life path. Matt has captured this journey in his tribute book, Touched: The Marin Morrison Story. He joins us today to share the hard truths about marital stress, professional identity loss, and a supernatural “shared death experience” that left him with permanent spiritual peace.
                              • BOOK:
                                • Touched: The Marin Morrison Story, by Matt Morrison
                                • ARTICLE:
                                  • Marin Morrison: Courage Defined, by Paul Devlin
                                  • LINKEDIN:
                                    • Matt Morrison
                                    • 43 min
                                    • 483. Four-Star General (Ret.) Stanley McChrystal Shares Insights on Risk Response, Building Teams and Leadership, whether on the Field or in the Office

                                      In this episode of The Mentors Radio, Host Dan Hesse talks with General (Ret.) Stanley McChrystal about his career, leadership, building teams, risk management and more. A one-of-a-kind commander with a new perspective on organizational dynamics, Ret. General Stan McChrystal is known for helping elite teams tap into the potential of their people to better compete in a complex and interconnected world. Few can speak about leadership, teamwork, technology and international affairs with as much insight can he. Ret. General McChrystal is the former Commander of U.S. and International Forces in Afghanistan, former leader of Joint Special Operations Command (JSOC) and co-founder of The McChrystal Group. His exceptional and innovative understanding of organizational dynamics has led to remarkable achievements in both military and business applications. McChrystal is the author of several best-selling books on leadership, building teams, engagement and risk management. After retiring from the U.S. Army as a four-star general, General McChrystal turned his expertise to the business world. He is the Founder and CEO of the McChrystal Group, which helps Fortune 500 Companies strike the right balance between hierarchical and decentralized team mindsets and structures. He and his firm focus on the power of network analysis and machine learning to strengthen how companies connect, internally and externally. As the author of several best-selling management books, General McChrystal offers a battle-tested system for detecting and responding to risk.

                                      LISTEN TO the radio broadcast live on iHeart Radio, or to “THE MENTORS RADIO” podcast any time, anywhere, on any podcast platform – subscribe here and don’t miss an episode!

                                      SHOW NOTES:

                                      GENERAL (RET.) STANLEY A. McCHRYSTAL:

                                      • BIO: https://www.mcchrystalgroup.com/people/stan-mcchrystal/
                                      • BOOKS:
                                        • My Share of the Task: A Memoir, by Stanley McChrystal
                                        • Team of Teams: New Rules of Engagement for a Complex World, by Stanley McChrystal
                                        • Leaders: Myth and Reality, by Stanley McChrystal
                                        • Risk: A User’s Guide, by Stanley McChrystal
                                        • WEBSITE:
                                          • www.mcchrystalgroup.com/
                                          • 42 min
                                          • 477. Horst Schultz, Founder of the Ritz-Carlton, talks about his journey and the Culture of Excellence, with Host Tom Loarie

                                            In this episode of THE MENTORS RADIO, Host Tom Loarie talks with Horst Schulze, the legendary founder of the Ritz-Carlton hotel group, and author of Excellence Wins, as he shares his humble and amazing story of how – and why – he set the gold standard for customer service that ultimately led to the creation of the most iconic hotel brand in the world… and it all began with a dream at age five! Horst began his illustrious career as a busboy. How did he end up founding the Ritz-Carlton? What did he learn about leadership, business structure, people management, genuine motivation, financing and surviving amid brutally tough times? All these lessons and learnings—and more—are packed into this episode. LISTEN TO the radio broadcast live on iHeart Radio, or to “THE MENTORS RADIO” podcast any time, anywhere, on any podcast platform – subscribe here and don’t miss an episode!

                                            SHOW NOTES:

                                            HORST SCHULZE:

                                            • BIO:
                                              • AAE Speakers
                                              • Bloomberg
                                              • BOOK:
                                                • Excellence Wins: A No-Nonsense Guide to Becoming the Best in a World of Compromise, by Horst Schulze
                                                • ARTICLES:
                                                  • “Former Ritz Carlton President Horst Schulze Talks About The New Frontier In Luxury Hotels“ – Forbes
                                                  • “The Second Act Of Horst Schulze Is Finally Taking Off” – Forbes
                                                  • WEBSITE:
                                                    • https://horstschulze.com/
                                                    • “Industry luminaries regard Horst Schulze as the leading hotelier in the world, but his influence extends far beyond the hospitality business.”

                                                      —Dr. Tim Irwin, New York Times bestselling author and leadership authority

                                                      44 min
                                                    • 471. Is your career and lifestyle at risk from China’s ‘90% strategy’? Find out with Guest Mentor Ram Charan

                                                      In this episode of THE MENTORS RADIO, Host Tom Loarie talks with global advisor Ram Charan on whether your career and lifestyle are at risk from China’s “90% Strategy”. Ram Charan has been a foundational force in global business strategy for more than six decades, sought after for growth strategy and advice by CEOs including Jeff Bezos and more. Widely recognized as the advisor who tells you what you need to hear—not what you want to hear—Ram joins us for his sixth appearance to deliver a message essential for every leader, entrepreneur and citizen. The focus of this episode is on Ram’s new work, China’s 90% Model: China Has America by the Throat: Here’s How to Fight Back and Win. In this book, Ram offers a profound analysis of a systematic strategy of industrial dominance that is fundamentally reshaping the global order. This is not just a conversation about market competition; it is a look at the very survival of Western industrial capacity. While the subject may seem geopolitical, it is vital to understand because these are the forces putting our organizations at risk—the very factors that will shape the world that our children and grandchildren inherit. To protect our legacy and guide the next generation, we must see the road ahead with absolute clarity. This episode exposes the wisdom you need to protect the road ahead, your future.    LISTEN TO the radio broadcast live on iHeart Radio, or to “THE MENTORS RADIO” podcast any time, anywhere, on any podcast platform – subscribe here and don’t miss an episode!

                                                      SHOW NOTES:

                                                      RAM CHARAN:

                                                      • BIO:
                                                        • Ram Charan, Ph.D. is renowned global consultant, an exceptionally keen observer of future retail and economic ecosystems, how to serve clients better, faster and deliver more satisfaction and brand loyalty and more, and a critical advisor to such corporate founders as Amazon’s Jeff Bezos and many, many more. He shares his insights in guiding others and in books and is a prolific, multi-time, best-selling author. You can listen to his story, growing up in India, how he changed his family’s marketplace show-selling business by observing ways to serve clients better, faster and in a way that radically transformed their family business and their customers’ satisfaction in our first episode with Ram Charan here: How to Grow Fast and Make an Impact, with Ram Charan . Regardless of your level of achievement, YOU CANNOT HELP BUT LEARN FROM RAM.
                                                        • BOOK – NEWEST BOOK:
                                                          • China’s 90% Model: China has America by the Throat: Here’s How to Fight Back and Win, by Ram Charan
                                                          • WEBSITE:
                                                            • https://ram-charan.com/
                                                            • 44 min
                                                            • 469. Good Leaders Get Their Hands Dirty, with Guest Mentors Nelson Repenning and Don Keiffer

                                                              In this episode of THE MENTORS RADIO, Host Dan Hesse talks with MIT Professors Nelson Repenning and Don Keiffer to discuss their new book, There Has Got to Be a Better Way- How to Deliver Results and Get Rid of the Stuff That Gets in the Way of Real Work, describing Dynamic Work Design.  Work design is the primary reason work often fails to get done well, and why leaders need to thoroughly know the business and get involved with the front line to be effective and respected. Nelson is the Faculty Director of the MIT Leadership Center and the Distinguished Professor of System Dynamics and Organization Studies at the MIT Sloan School of Management. Nelson received the International System Dynamics Society’s Jay Wright Forrester Award, which recognizes the best work in the field in the previous five years and he received the Jamieson Prize for Excellence in Teaching. He was recently recognized by Poets and Quants as one of the country’s top instructors in executive education. Don’s 40-year career in operations spans from front-line work to executive roles, including 15 years at Harley-Davidson where he was VP of Operational Excellence. He is currently advising executive teams around the globe in operational strategy and improvement. He is a Senior Lecturer at MIT’s Sloan School of Management and AVT Business School in Copenhagen. Don and Nelson are partners in ShiftGear Work Design.   LISTEN TO the radio broadcast live on iHeart Radio, or to “THE MENTORS RADIO” podcast any time, anywhere, on any podcast platform – subscribe here and don’t miss an episode!

                                                              SHOW NOTES:

                                                              NELSON REPENNING and DON KEIFFER:

                                                              • BIOS:
                                                                • Nelson Repenning: BIO: Nelson P. Repenning
                                                                • Don Keiffer: BIO: Don Keiffer
                                                                • BOOK:
                                                                  • There Has Got to Be a Better Way- How to Deliver Results and Get Rid of the Stuff That Gets in the Way of Real Work, by Nelson Repenning and Don Keiffer
                                                                  • OTHER:
                                                                    • ShiftGear Work Design
                                                                    • 44 min
                                                                    • 468. Guest Mentor Shirin Behzadi – From Bulletproof Glass to a Billion-Dollar Exit: The Architecture of an Unexpected CEO

                                                                      In this episode of THE MENTORS RADIO, Host Tom Loarie talks with Shirin Behzadi, author of The Unexpected CEO and an extraordinary leader who has lived what many would call three lifetimes in one. Shirin’s journey is a masterclass in perseverance, resiliance and what some would describe as anti-fragility. She rose from being alone, as an 18-year-old immigrant, working behind bulletproof glass as an all-night gas station cashier, to becoming the CEO of a billion-dollar home improvement franchise network. Along the way, she navigated a high-stakes, nine-figure private equity exit and overcame a life-threatening health crisis—a brain tumor—that forced her to redefine everything she knew about leadership. In this episode we dive deep into why your point of view—not your ability—is often your greatest limitation and how to transform adversity into your ultimate competitive advantage.  

                                                                      LISTEN TO the radio broadcast live on iHeart Radio, or to “THE MENTORS RADIO” podcast any time, anywhere, on any podcast platform – subscribe here and don’t miss an episode!

                                                                      Key Wisdom from this Episode includes:

                                                                      • The “North Star” Vision: Why expecting success is a higher level of energy than simply dreaming of it.
                                                                      • Radical Empathy: How Shirin doubled her company’s value by launching “listening tours” to engage people at every level of the organization.
                                                                      • The 1.8% Rule: Why you should never let statistics or “naysayers” limit your ambitions.
                                                                      • Doing Well by Doing Good: Why making your stakeholders successful is the most effective path to financial success. As Shirin puts it, “If the world doesn’t believe in you, that’s terrible, but if you don’t believe in you, that’s tragic”.
                                                                      • SHOW NOTES:

                                                                        SHIRIN BEHZADI:

                                                                        • BIO:
                                                                          • https://shirinbehzadi.com/my-story/
                                                                          • BOOK:
                                                                            • https://amzn.to/4cMsiKw
                                                                            • WEBSITE:
                                                                              • https://shirinbehzadi.com/
                                                                              • 43 min
                                                                              • 461. Turning an Industry’s Business Model Upside Down with Andy Beckstoffer

                                                                                In this episode of THE MENTORS RADIO, Host Dan Hesse talks withAndy Beckstoffer, named “the most powerful grapegrower by Wall Street Journal and the Wine Spectator. Few people have played a more pivotal, pioneering role in Napa Valley’s evolution into a world class wine region than Andy Beckstoffer, who owns Beckstoffer Vineyards. Beckstoffer Vineyards includes six Napa “Heritage sites” which consistently produce some of the best wines in the world, being awarded 100 point scores year after year. Perhaps most notably, Andy introduced an innovative and radical new grape pricing structure in 1976, which created a major and lasting shift in how the California wine industry views the importance of wine growers and grape quality. The Wall Street Journal and the Wine Spectator have both named Andy Beckstoffer the “Most Powerful Grapegrower.”  In 1975, at age 35, Andy was a founding Director and the second President of the Napa Valley Grapegrowers Association. He and his wife of 60 years, Betty Beckstoffer, were honored as St. Helena’s “Citizens of the Year” and Andy has been named Grower of the Year three times, by three different organizations. He was also named Agriculturalist of the Year twice. In 2007, Andy received the Wine Industry Leadership Award, the first ever United States Congressional Wine Caucus Commendation, and in 2010, he was inducted into the Vintners Hall of Fame.   LISTEN TO the radio broadcast live on iHeart Radio, or to “THE MENTORS RADIO” podcast any time, anywhere, on any podcast platform – subscribe here and don’t miss an episode!

                                                                                SHOW NOTES:

                                                                                ANDY BECKSTOFFER:

                                                                                • BIO:
                                                                                  • BIO: Andy Beckstoffer
                                                                                  • WEBSITE:
                                                                                    • https://beckstoffervineyards.com/
                                                                                    • OTHER:
                                                                                      • Historical Timeline of Beckstoffer Vineyards
                                                                                      • Guts, Luck and Vision: An Interview with Andy Beckstoffer (by Silverado Farming, December 2022)
                                                                                      • 43 min

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