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Growing Your Bottom Line Through Better Execution with Thor Conklin and Tommy Mello

πŸ“… December 25, 2019 ⏱️ 1:15:40 🎀 Thor Conklin, Tommy Mello

Chapters

Click to jump to section

  • 0:00
    Intro
  • 3:15
    Humble beginnings, not born with a silver spoon
  • 6:43
    Rebuilding after the tragedy of 9/11
  • 16:28
    The plan-decision-action execution framework
  • 19:50
    Building a compelling business vision
  • 23:07
    Block time in four-hour segments for deep work
  • 26:24
    Teamwork, Navy SEALs, and relying on others
  • 32:57
    The paid accountability program: no excuses
  • 36:14
    The profitability consulting model
  • 53:00
    Redefining freedom and money working for you
  • 59:29
    The skills-vs-culture hiring quadrant
  • 1:09:21
    Three ways to hire and the Traction model

Speakers

T
Thor Conklin
Performance & Profitability Consultant, Host of the Peak Performers Podcast
T
Tommy Mello
Host / Founder, A1 Garage Door Service

Key Takeaways

✦

Execution beats knowledge: most people already know what to do, so the real bottleneck to growing your bottom line is consistently doing it.

✦

A clear plan-decision-action framework matters because deciding is only the start, most people stall in the gap between the decision and taking action.

✦

A compelling vision has to reach past 'making money' into the specific life, freedom, and impact you want, which is what actually pulls a team forward.

✦

Deep, high-value work requires long uninterrupted block times, four-hour segments or more, rather than constantly switching between tasks.

✦

Run a no-excuses accountability program: caring about people doesn't mean accepting excuses, and clear consequences drive follow-through.

✦

Use a skills-versus-culture quadrant to evaluate people, and never keep someone who has the skills but doesn't fit the culture.

✦

Replacing weak players with strong ones can represent millions in opportunity cost, so hiring and retaining A-players is one of the highest-ROI things you can do.

✦

Redefine freedom as having money and systems working for you, then trace every goal back to its root 'why' to keep yourself motivated.

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