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“Vision, Values and Leadership. Stephen.Meade@BigBambooLLC.com Twitter: StephenMeadeLa Facebook.com/StephenMeade Linkedin.com/in/StephenMeade 312-953-2208. What is this Called?. Cover a Lot in a Short Amount of Time. What is Leadership What Can You Control How to Become a Good Leader
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“Vision, Values and Leadership Stephen.Meade@BigBambooLLC.com Twitter: StephenMeadeLa Facebook.com/StephenMeade Linkedin.com/in/StephenMeade 312-953-2208
Cover a Lot in a Short Amount of Time • What is Leadership • What Can You Control • How to Become a Good Leader • Planning and Focus • What type of Company/Employees/Leader • Tornado Technique to Revolutionize Your Business • The Secret to Raising Money • Why Not?
Eat Like a Bird Poop Like an ELEPHANT!
Leadership Successful leaders are not necessarily the ones with the greatest vision, or the most winning personality. They are ones who actually do what they say they are going to do and execute on their goals. This is why people trust good leaders and follow them willingly. “Management is doing things right; leadership is doing the right things.” Who said that? Peter Drucker
What Are Your Values? Birds of a feather flock ________; Opposites _____________ Your word is your _________; Don’t believe everything you _________ You have to see it to _________ it; Looks can be _________ Fish or Cut _____; Fake it till you make it____ “Everybody is a genius. But if you judge a fish by its ability to climb a tree, it will live its whole life believing that it is stupid.” Who said this? “Two things are infinite: the universe and human stupidity; and I'm not sure about the universe.” Who said this? Einstein Einstein Every Action Has an Opposite and Equal Reaction.
All you can control are… Your Actions and Your Attitude
Realize most people Won’t make it!
The Difference Between Is Small
“Which road do I take?" Alice asked "Where do you want to go?” "I don't know," she answered. "Then, it doesn't matter.” said the cat
If you don’t know where you are going, then any road will get you there
What is your Vision? • Set your goals • Be Specific • Isolate what you need to be successful • Identify what you need to be move ahead • Create a Vision of what your success is • Then learn how to articulate it!
Begin with the end in mind • Set a specific financial goal. • Make it BIG by including others. • What do you want to be? Business or Company? • Public or Private? • Product or Service • Employees or not? • What size company? How much? How big? • Travel or not? • BE SPECIFIC!- Accurate and Articulate • Vacation- where? Dollar amount? • Create your list, write it down, and • then... measure opportunities against it
Takes Practice to be a SuperStar Visualize Success Won’t Always Be Comfortable
See yourself at the Top of the Mountain And stay There!
Chart your course Know your Goals It’s not a Pivot, It’s a Tack
Who is this? He went into debt when he was twenty-three, to become a partner in a small store. 3 years later his partner died, and left him in debt that took years for him to repay. He dated a girl 4 years and, at the age of 28, asked her to marry him. She turned him down. At 37 he was elected to Congress... on his THIRD try. He then failed to be re-elected. This man's son died when he was only 4 years old. At age 45 he ran for the Senate...and failed to be elected. He persisted at politics and ran for the vice-presidency at 47 and again lost. Finally, at the age of 51, this man became_____________ His name is_______________
Experience is the Greatest Teacher It’s also the SLOWEST! • Read Book • Learn • Appreciate Success • Study Failures! Why make the same mistake someone else has already made? • Have a vision, goal, and ability to articulate it
Know yourself Your Greatest ___Strength___ Is Your Greatest__Weakness_
So You Want To Lead? HERD DESTRUCTION MURDER CRASH
Convocation! A group of People brought together for a Special Purpose.
Beware of title creep Negotiate…. or people think they have more… Early and Often Value
Term Sheet for _______: Equity compensation as an Advisor and Interim President: As a current participant, Advisor will be granted stock in the following designations and for the following activities. 1% immediate grant for services as advisor and potential migration to President 1% performance bonus for participation and successful closing of a sales opportunity within the next 60 days 1% performance bonus for successful closing of angel, seed or investment funding in an amount greater than $100,000 and secured within the next 45 days. 2% if amount exceed $250,000 within 60 days. 3% if equal to or exceeding $500,000 in 90 days. Responsibilities: If Advisor is available to move FULLTIME to the Company, Advisor shall assume the role and title of “President’, unless otherwise mutually agreed…… Responsibilities shall include but not be limited to; Salary and Equity compensation if executed move to President: $_____ per year. To be determined or discussed (contingent upon proper funding) Cash bonus to be determined Equity Compensation: An equity compensation in the amount of 30% of the current membership units of the xyz, and under the control of the Founder Stephen Meade, will be made available. The current capitalization is 5MM shares, of which 4,400,000 are with the Founder. Thus equity commitment for Advisor equals = 1,320,000 membership units Vesting and accelerator clause Upon full time employment, the stock compensation shall be vested quarterly over a 24 month period. A full employment agreement, stock option plan and documentation shall be provided. Employment agreement shall include full acceleration clauses.
Meade’s Quadrants of Interest Has the Interest Has the background Has the credibility Has NO! time Has the background Has the credibility Has no interest Has no time Has the time Has the interest Has the background Has credibility Has the time Has the background Has the credibility Not interested Interest No Interest Time No Time
What are these people doing? Than it is to… Repel down it! It’s harder to… Climb up a Mountain
Tornado Technique The basis for everything Realize most people don’t care about what you do, or don’t understand it. 1- What is the emotional value of what you do? (what are your benefits, how do you help) 2- What is the industry, genre, or type of customer? 3- Names of companies you are trying to meet- Be Specific! 4- Ask for the person who are you trying to get to- be specific in terms of title, or name. Research and find the name of EXACTLY who you want to meet. • Be Specific and don’t be shy!
My BlueEarth • We have an environmental consumer product that helps save water, plastic, power, while also providing education, and it saves money. • Our target market are companies in big industries like banking, automotive, retail, hotels, etc. • We’re dealing with companies like Starbucks, McDonalds, Shell, UPS, JP Morgan, etc. • Within these large companies, we deal with the CSR or Corporate Social Responsibility Director. • Directly I’d like to meet Mike Duke, Guy Liberte, Jeff Skull, Michael Eisner, Yves Chouinard, John Paul Dejoria, Tony Hsie and people like that.
Mag-Mo – Magazine Moments • We’re doing a photo sharing app that allows you to better tell a story. • It’s a photo app that will allow you to create mini magazines that can be share with your friends. We’re marrying content (pictures), with Context (words), all in a way where you’re the star. • We’re going to launch with templates for Food/Drink/, Social, Fashion, Sports, Travel, and Business. • Brands like NFL, David’s Bridal, National Geographic, Linkin Park and others. • We’d like to meet Aaron Ray, Ryan Seacrest, Bruce Flohr, Father James, Robert Greene, etc.
Raising Capital can be summed up in THREE simple words. Capital Follows Customers!
The #1 Question you should ask about your start up? Why Won’t This Work?!
Build a Good Advisory Board • Advisors have the path of knowledge and credibility • They have already made the mistakes- don’t be afraid to ask why something won’t work • Create value for them- Ask how you can help • Ask for help indirectly, let them offer • Types of Advisors: Strategic, Marketing, Tactical, Knowledge, Human Capital, Experiential
Take Meetings Early and Often • Be humble- Ask GREAT questions • What would it take to make this happen? • Why won’t this idea work? • What can I do to get better? • What would it take to get started? • What question is not asked of someone in power? • Wrong Way- What can I do to help you? • Right Way- What are the TOP two or three things you’re working on? What are your top two most passionate items? What two or three issues are causing the most problem and need to be solved? Etc.
Don’t Make Excuses These companies all started during times of trial and tribulation • Thomas Edison founded what eventually became General Electric (GE) during a time historians called the "Panic of 1873.“ • William Hewlett and David Packard founded their electronics company in 1939, when Europe and Asia were wracked by war and the U.S. had not yet escaped the Depression. • Intel founded(INTC) in July 1968, five weeks after Robert Kennedy was assassinated – a time when America seemed to be flying apart. • In 1975, as the last soldiers were evacuated by helicopters during the fall of Saigon, Steve Jobs and Steve Wozniak started Apple, • Same year, Bill Gates and Paul Allen founded Microsoft. • In 1977, as Americans waited in gas lines and turned down thermostats because of oil shortages, Oracle got its start. • In 1982, unemployment was so bad that Ronald Reagan was expected to lose his re-election bid two years later. In 1982, Sun Microsystems began.
What Would ________ Do? • Adopted, First Family Didn’t want him • Dropped out of College • Offer 1/3 of business to his boss, who turned him down • Was fired from his own company • Created several products that failed spectacularly • Brought back into company • Now one of most respected companies and individuals in the world. • Who is this? ___________________ Find your own Hero and when times are tough.. ask yourself, “what would _________do?”
The Problem with winning the Rat Race You’re Still a RAT! Is even if you win the race……
Always Remember The Sky’s the Limit!
Why Not it Be…..Me?
What do you tell Others? • What is your belief? • What are your goals? • What is your conviction? • What do you say when questioned on your choices of being an entrepreneur? • I am following my dream, have a chance to change my family tree, retire my parents, send my nephew to school, and give back to society. • Yes, I may fail, but if I do, I can always go get a job…..and I’ll be just like _______!
“Vision, Values and Leadership Stephen.Meade@BigBambooLLC.com Twitter: StephenMeadeLa Facebook.com/StephenMeade Linkedin.com/in/StephenMeade 312-953-2208