Leverage for Growth Podcast

Episode 54: Becoming a Ruthless CEO

Episode Date:Mar 28, 2023

In today's episode, we explore the topic of "Becoming a Ruthless CEO," specifically for marketing agency owners who want to grow their business. Join us as we dive into a reflection of a conversation with successful agency owner, Joey Gilkey, and discuss the harsh reality that the majority of businesses will not last in the market due to the inability of their founders to do what it takes to be successful.

The truth is, entrepreneurship is not easy, and it's not for everyone. To succeed in today's market, you must become ruthlessly committed to results. You need to focus on results for your clients, marketing, sales, profits, and team. You must be willing to make tough decisions like firing people that don't fit your vision or pivoting your business to scale down so you can scale up. In the end, you must be willing to fail to succeed.

As an entrepreneur, you need to do what others are unwilling or unable to do to survive and thrive in the market. By being ruthlessly committed to results, adjusting to the market, and continually improving your business, you can bring your vision into reality and become the ruthless CEO you were called to be.

In this episode, we challenge you to examine where you have been avoiding being ruthless in your life or business. Are you avoiding making difficult decisions in your health, spirituality, relationships, or finances? What are you willing and able to do about it today?

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Show Notes

Episode Transcript

You are now listening to Leverage for Growth. Hey everybody this is Jesse P. Gilmore founder of Niche in Control and creator of the Leverage for Growth, welcome to the daily leverage edition. 

Today’s topic is this “Becoming a Ruthless CEO”. Sit back, relax and welcome to today’s daily leverage.

 

So this morning, I was doing my morning routine of stacking and reflecting on the conversation with a fellow friend and successful agency owner, Joey Gilkey, owner of Apex Revenue (formerly sales driven agency). 

 

We were talking about how the majority of businesses will not last five years from now. 

 

Many times due to the founders inability to endure doing the things that the market requires to be successful.

 

The market doesn’t care how much you tried 

 

The market doesn’t care about your challenges or situation

 

The market only cares about results 

 

If you are to succeed, you must become ruthlessly committed to results 

 

Results for your clients

 

Results in your marketing

 

Results in your sales

 

Results in your profits 

 

Results from your team 

 

The market changes and requires you to change

 

This means that you may be required to fire people that don’t fit your vision or the market need

 

You may have let people go that have been with you since the beginning 

 

You may have to make pivots that have you scale down so you can scale up 

 

You may have to start over

 

You may have to adjust your offer, your messaging, your team. 

 

You may have to fail in order to succeed 

 

In fact, if you are an entrepreneur, you are going to have to do all of these things 

 

Entrepreneurship is not for everyone

 

It is not the easy route

 

It is not for simply getting by

 

It is about being ruthless about bringing your vision into reality

 

To navigate the landscape and adjust to the market 

 

If 85% of businesses that are around today will not be open in 5 years, that means that if you want to be the remaining 15%, you have to do what others are unwilling or unable to do. 

 

This is a call for all true entrepreneurs

 

If you are a true entrepreneur, this is a call to arms

 

This should excite you rather than deflate you 

 

If 85% of businesses won’t be around in five years, that number is infinitely smaller in ten years or twenty years.  

 

The way you win is by not giving up, becoming ruthless, focusing on results, continually improving and adjusting to the market, and keep going. 

 

In doing so, you use entrepreneurship to rise to the next level and become stronger in the process 

 

Providing the market what it needs

 

In the end, bringing your vision into reality by aligning to the market needs by becoming the ruthless CEO you were called to be 

 

Why is this important?

 

Many times as entrepreneurs, we are taught trained and educated to think of entrepreneurship as easy and anybody can do it  

 

The truth is, entrepreneurship is difficult, challenging and not for everyone

 

When we lean into the difficult parts, doing the things that others can’t do, being ruthlessly committed to results

 

We differentiate ourselves from the pack 

 

We adjust to the market 

 

We stay relevant in the eyes of our ideal clients 

 

We offer things that others can’t 

 

We deliver on what is promised

 

We separate ourselves from others and set ourselves up for success 

 

The truth is that entrepreneurship is not for the faint of heart 

 

It is for those that are ruthless

 

That see each obstacle and challenge as an opportunity to improve, adjust and win 

 

Not anyone else’s game but our own 

 

We show others and ourselves that we were meant for this calling of entrepreneurship 

 

In doing so, we achieve our highest potential 

 

Now it is time for daily leverage.

 

Where in your world whether in your life or business, have you been ________?

 

Is it in your life with your health or body? 

 

Is it in your life with your spirituality or self-direction? 

 

Is it in your relationships with your spouse, partner or kids?

 

Is it in your business or finances or team?

 

Once you have located where you have been __________ and you know what you need to change. 

 

My question to you is this…

 

What are you willing and able to do about it today?

 

That is the end of our daily leverage. This is Jesse P. Gilmore and you have been listening to the Leverage for Growth podcast. 

 

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