Mar 8, 2016
Summary:
In this episode, Dave welcomes Verne Harnish, one of the Top Ten Minds in Small Business to the podcast. Together, they talk about Verne’s marquee principles, his life as an entrepreneur, and how he prepares the next generation for a “leap.” Verne also highlights the key elements that contributed to the wealth of success he’s enjoyed over the course of his life.
Time Stamped Show Notes:
- 00:28 – Dave welcomes Verne Harnish
- 01:17 – Dave talks about Verne’s background
- 01:43 – Mastering the Rockefeller Habits
- 02:00 - YEO (Young Entrepreneurs’ Organization)
- 02:35 – Verne went to school to become a mechanical engineer
- 02:41 – Corridor Principle
- 03:30 – Verne talks about considering the a life in the military
- 04:23 – The “Additional Option”
- 05:37 – How mechanical engineering helped Verne become better at business
- 06:25 – Technical Entrepreneurship Course –mix of Engineering and Business Departments
- 07:00 – Verne’s family background in business
- 08:09 – Verne’s upbringing as a child
- 09:46 – Transitioning from privileged to broke
- 11:18 – Moving to Barcelona
- 12:39 – Idea of “Caught than Taught”
- 13:11 – “Demonstrate the life you want for your children”
- 15:40 – A different kind of “leap”
- 17:06 – How 9/11 destroyed one of Verne’s businesses
- 18:38 – Rites of Passage
- 18:55 – One Page Personal Plan
- 19:00 – There’s no such thing as a work/life balance…it’s a blend
- 19:46 – Rite of Passage –detailed –how it helped his son Cameron to develop from a boy to a young man
- 22:24 – Verne also put his second son, Cole through the Rite of Passage
- 22:45 – Rite of Passage for Verne’s other son, Cole
- 23:15 – International Brotherhood of Magicians—a perfect example of Verne’s Corridor Principle
- 24:40 - Mastering the Rockefeller Habits 2.0
- 26:41 – John D. Rockefeller—the man that inspired Verne’s book from
- 28:45 – Daily huddle
- 30:20 – Verne’s weekly routine based from Willard Garvey
- 31:38 – Verne’s charity participation
- 33:54 – Looking back at Verne’s 20s with pride
- 35:00 – Plans for the next decade
- 36:35 – scalingup.com
3 Key Points:
- Actively demonstrate the life you want for your children.
- Stop believing in a work/life balance and start accepting that it’s a work/life blend.
- Organize your life like you’d organize days of the week
Resources Mentioned:
- Entrepreneur's Organization – The EO Network
- Mastering the Rockefeller Habits – book authored by Verne
- Corridor Principle – Verne mentioned in his interview
- One Page Personal Plan – new book that Verne created
- International Brotherhood of Magicians – an organization where Verne is a member
- Mastering the Rockefeller Habits 2.0 – book authored by Verne
- John D. Rockefeller – where Verne routed his book from
- Willard Garvey – Verne’s first mentor where he got his weekly routine
- scalingup.com – Verne’s website
Credits:
Show Notes provided by Mallard Creatives