Only Way To Fail

S02E05 - Like and Dislikes of EOS Traction (and Darin’s out of body experience)


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Description

This week James takes proper CEO credit for success (twice), Garret “tells” James no, Darin goes from impossible to inevitable, and Tyler learns Same Page Meetings™. All of that and the guys dive into the EOS® Traction® component.

Show Notes

00:00:00 - Pre Show

“Happy Robot” song - not yet (or not worth) copyrighted

  • Peloton Drinking Apparatus

  • Checking resting heart rates “at Wendy’s”?

    00:03:06 - Show Start

    3 Nerds and a business guy (that is so business, he doesn’t know “The Matrix”)

    00:03:31 - Follow-Ups 

    MIPS (aka: MEPS) - with “stories”

  • Tyler

    How is the new world of product going?

    It's going…

  • Got a little vision injection from James

  • Things are really clicking

    James takes proper CEO credit (1)

  • James only ever touches emails once

  • Garret

    Can we get a Sandler update?

    Last week - PAIN

  • This week - Questioning Strategy

  • Real time follow up - What is the Sandler Submarine™

  • Darin

    Strategic Product Team - Update on sprint 1

    Taking order placement to “milliseconds”

  • “From impossible to inevitable”

  • An out of body experience for Darin

    00:17:27 - The Headlines

    Darin

    First “All-Hands” sprint demo day for the new product teams

    “Isn’t it great the whole product team participated in the demo”

    ...(2 hours later) Darin and Cofounder Engineer Tim tell the team they’ve already planned the next sprint themselves

  • Enter James - How are you bringing the team along during planning?

    00:20:00 - Quick interruption as James smokes his head on the stairs

    Back to Darin

    Darin brought the team into planning

    All of that and an update on some home office improvements

  • Quick detour discussion around proper cold weather gear

  • Tyler

    Impossible to follow Darin

    “He just goes and goes”

  • Full shift to Asana for planning and task tracking

  • Starting same page leads with Garret and Team leads

  • Scrum Master Mo (Maureen) is taking the reins on tactical sprint

  • Product LTM = 4.7

    Lots of good conflict and learnings

  • Garret

    Company Financials

    Pushing forward on accelerated hiring schedule

  • Opportunity for push back on James

  • Great sales team L10M’s™ with Sales Integrator Carter

    Played the trump card a few times

  • These headlines interrupted by James’ water bottle

    Sandler Sales in Action

    Avoided spending hours of time with a unqualified prospect not experiencing pain

  • James - just 3 headlines (he’s not great at the “maths”)

    1 - Last 41 days “wow, wow, weezha”

    More done in last 41 days than all of Q4

  • People are feeling it

    Change

  • Pressure

  • Growth

  • 2 - Fundraise

    “Don’t know what I don’t know”

  • FUD with the Infoplus board

  • Facilitator Ari deserves a ton of credit

  • Atomic Revenue brought on board to tell the our story

  • Goose bumps vs goose pimples

  • 3 - YPO (Young Presidents Organization) mentor is fantastic

    Core values in alignment

  • Experience share vs advice

  • Has a passion for people

  • 3-A (really 4) What I’m reading

    Behind the Cloud

    The Untold Story of How Salesforce.com Went from Idea to Billion-Dollar Company-and Revolutionized an Industry

  • From Impossible to Inevitable

    How SaaS and Other Hyper-Growth Companies Create Predictable Revenue

  • Extreme Ownership

    How U.S. Navy SEALs Lead and Win

  • The Infinite Game

    By Simon Sinek - How do we win a game that has no end? Finite games, like football or chess, have known players, fixed rules and a clear endpoint.

    00:47:16 - Topic 2 (1) EOS® Part 2 of 6 - Traction

    The grind of the next 90 days

  • Good Days→ Good Weeks→ Good Months→ Good Quarters→ Good Years

  • What does success look like today?

    Only two types of meetings

    L10s™ - Level Ten Meetings

  • Same Page™

  • Everything else is an email or a presentation (an most presentations should be emails)

  • Combat against tendency to procrastinate

  • What do Garret, Tyler and Darin like about Traction

    Garret Likes

    L10s™

  • Rocks

  • Use of L10s™ as a “hammer”

  • Daily Standups

  • Garret Dislikes

    Quarterly Planning

  • Inconsistent same page meetings

  • We’ve ignored scorecards

  • Tyler Likes

    Meetings (sacred L10s™)

    Todo’s = auto-IDS

  • IDS™ (Identify, Discuss, Solve) issues

  • Same Page Meetings™

  • Tyler Dislikes

    Rocks - Most important thing and not great success

    James takes proper CEO credit (2) for Q1 Rocks 

  • Darin Likes

    Loves L10s™

  • Daily Standups (engineerings version of traction)

  • Release cadence (new traction) for the strategic product team

  • Darin Dislikes

    Rocks

  • LMA™ (Leadership + Management = Accountability)

  • Finished off with some “Podcast Gold” as Darin nods silently in agreement

    01:09:28 - Questions and...Answers Next Week 

    From listener Brandy

    What’s the “retail” team in sales?

  • How do Tyler and Ari feel about being given “monkeys”?

  • Can we see a video of Ari’s dinosaur walk?

    01:10:10 - End of Show 

    Visit onlywaytofail.com - it’s the #1 website (for this podcast)

    00:51:23 - Aftershow  

    Darin on the relationships we form with our favorite podcast hosts

    The Credits

    Hosts, Garret Richardson, Tyler Samples, Darin Kelkhoff, and James Maes

  • Show Notes by Garret Richardson

  • Proofing and Title by Darin Kelkhoff

  • Editing, Mixing, and Mastering by Brenton Wainscott

    ...more
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    Only Way To FailBy Garret Richardson, Tyler Samples, Darin Kelkhoff, James Maes