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How He Implemented EOS in His Businesses
In today’s podcast, Paul Larson explains how he uses EOS not just with one business, but with several. Paul is the CEO of Larson Financial Holdings which he launched in 2006. With multiple affiliate businesses beneath it, he is also the founder of Larson Financial Foundation which is a charitable organization who helps international businesses. He now has over 300 employees among all these businesses.
Paul started the business with just three: himself, an intern, and an administrative assistant. His business began to scale very quickly as did his hiring of staff. With this growth came a lot of challenges along the way. He references the Peter Principle which is promoting people prematurely or putting them in positions that are beyond their skill set. He realized that as a leader of an organization he needed to help the business grow by understanding that, and that people can be the most rewarding and yet the most challenging area of running a business.
Paul was given the book called Rocket Fuel which talks about matching up a visionary with someone who could implement that vision in an effective way. Knowing himself to be an extreme visionary this book sat true with him and guided him in the direction of EOS. Once he became more involved in EOS, he realized that some of the components associated with it he had already been using in his business practices in the prior years. This strengthened his belief in EOS even more.
One of Paul’s favorite things about EOS are the weekly L10 meetings. He finds that it forces you to stay in a rhythm to reach goals or to see why you are doing this in the first place.
Key Takeaways:
“I’d say the biggest challenge for me was being somebody who could guide and lead people and sometimes that was discussing the hard truth and that was really a challenge for me.”-Paul Larson
“We call that being the buffalo, so running into the storm, having the hard conversation cause then the storm will pass a lot faster versus like if you’re the cow and your running with the storm.”-Tabetha Sheaver
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By Tabetha SheaverIn today’s podcast, Paul Larson explains how he uses EOS not just with one business, but with several. Paul is the CEO of Larson Financial Holdings which he launched in 2006. With multiple affiliate businesses beneath it, he is also the founder of Larson Financial Foundation which is a charitable organization who helps international businesses. He now has over 300 employees among all these businesses.
Paul started the business with just three: himself, an intern, and an administrative assistant. His business began to scale very quickly as did his hiring of staff. With this growth came a lot of challenges along the way. He references the Peter Principle which is promoting people prematurely or putting them in positions that are beyond their skill set. He realized that as a leader of an organization he needed to help the business grow by understanding that, and that people can be the most rewarding and yet the most challenging area of running a business.
Paul was given the book called Rocket Fuel which talks about matching up a visionary with someone who could implement that vision in an effective way. Knowing himself to be an extreme visionary this book sat true with him and guided him in the direction of EOS. Once he became more involved in EOS, he realized that some of the components associated with it he had already been using in his business practices in the prior years. This strengthened his belief in EOS even more.
One of Paul’s favorite things about EOS are the weekly L10 meetings. He finds that it forces you to stay in a rhythm to reach goals or to see why you are doing this in the first place.
Key Takeaways:
“I’d say the biggest challenge for me was being somebody who could guide and lead people and sometimes that was discussing the hard truth and that was really a challenge for me.”-Paul Larson
“We call that being the buffalo, so running into the storm, having the hard conversation cause then the storm will pass a lot faster versus like if you’re the cow and your running with the storm.”-Tabetha Sheaver