ABOUT THIS SESSION
Steve Golab and Earl Maxwell will share insight and hindsight about their personal entrepreneurship journeys. They encourage everyone to be involved by asking questions, offering ideas, and sharing your own stories.
Steve and Earl bring over 32 years of experience as business owners of enduring, future-oriented professional service firms. Earl is also the current CEO of St. David's Foundation and recent honoree of the Rostow Lifetime Achievement Award. www.budurl.com/emaxwell
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Rise Austin 2010 Convesation Entrepreneurship Stewardship Final With Comments
1. Conversation about entrepreneurship and stewardship Choosing Service Over Self Interest 05 Mar 2010 Hosted by Steve Golab and Earl Maxwell emaxwell@sdchf.org steve@fg2.com WWW.SDCHF.ORG
2. About fg squared An Austin-based interactive marketing firm with longevity (16 years) Timeline at www.fg2.com/15yrs Characterized by: Exceptional client service and long-term relationships Flexible, integrated approach Collaborative spirit and positive attitude Here’s what we do really well FG SQUARED is the firm that absolutely understands how to apply current and evolving Enterprise Collaboration (EC) technologies to increase your bottom line profit and performance. WWW.SDCHF.ORG
3. About ST DAVID’s foundation Our Vision We keep the promise of a better life by improving health and healthcare for all Central Texans Our Mission We work with commitment, integrity, and respect to achieve our vision in our hospitals, programs, and community partnerships. Our Values Compassion, Community, Collaboration, Innovation, and Stewardship WWW.SDCHF.ORG
6. 1. The connection between perspective and meaning What is stewardship? Why is it an important skill for entrepreneurs? What does it mean to ‘celebrate the journey?’ STORY – My relationship with Earl Maxwell WWW.SDCHF.ORG
7. 2. Master your fears Why is it important to embrace change and be courageous? Are you setting the right example for others? STORY – Joe the Accountant WWW.SDCHF.ORG
8. 3. The bootstrap model Bootstrapping is iterative. All phases of bootstrap model persist indefinitely and should be refreshed regularly. Ideation Valley of Death Grow Tell us your story STORY – the story of FG2 from Bead Necklace Maker and 3D Animation to Interactive Marketing and Enterprise Communities WWW.SDCHF.ORG
9. 4. Under promise. Over deliver. How does managing expectations poorly impact your client? How does managing expectations well impact your client? Why are details important? Are you committed to total client satisfaction? WWW.SDCHF.ORG
10. 5. Plan with probability in mind What does it mean to plan with probability in mind? What is at risk when you choose to bet on your future? Are you spending responsibly? What are the benefits of exercising restraint? STORY about $325 plan of 1995 and the minimum wage plan of 2003. WWW.SDCHF.ORG
11. 6. Invest in culture What is culture and why is it important? What is the fastest way to make a cultural impact? How important is it to invest in the well being of the people on your team and the concerns of your customer? What does it mean to choose service over self interest? STORY about asking the right questions, being responsive, and meeting commitments. WWW.SDCHF.ORG
So excited to be here in the closing hours of Rise Austin festival.When I was preparing for the presentation, I thought about using it as a platform to interview Earl.After further contemplation, I thought we’d be better served to hear from each of you.Before we jump into the presentation, I want to hear from you. How many entrepreneurs in the building and for how long / how many?
Austin EquationRise is a key event that convenes Austin’s entrepreneurial scene.Vibrant community that jostles and vibrates on the international stage.
Stewardship keywords – generosity, spiritualityPutting others needs before your own for the better of your communityFundamentally, humans are seeking meaning – its about being in the presentDo you ask the question – ‘how may I be or service to you?’What does it mean to celebrate the journey?Work hard. Work smart. Focus and manage your time and resources.Make time for others, especially your family. Give back to your communitySpiritual practices, including meditation, prayer and contemplation, are intended to develop an individual's inner life.
Be intentional about setting an example for others.Failure to change can be fatal. A paradigm shift is sometimes necessary.Worrying can be counterproductive, especially if you are worrying about something that is out of your control.
The story of FG SQUAREDentrpreneurial business – one business leads to another.
Details matter. Lots of little things add up to make a big difference.Consider all touch points. Be strategic with time.Client service is serious business.Be responsive and meet your commitments.Accept 100% responsibility for your part.Put yourself in your client’s shoes.
There is a grey area between best case, high probability, and worst case. Be aware of the difference when making decisions.
How important are vision and values?Leadership behaviors – what are you willing to tolerate?How does org structure and communications processCareful selection of team membersOpen up your books and other important informationBuild long term relationships