COO Alliance

I spend 10% of my income on learning every year.

Learning has become synonymous with school - sitting in a classroom and listening to lectures.

But learning, in every role, is important and doesn't have to be like that.

I'm a BIG believer that you do not have to make mistakes to learn.

You can learn from others and avoid those same mistakes.

And that is why I invest in learning every single year.

How much do you reinvest in your education per year?

There are 4 core metrics you need to track efficiency in your company:

1. Employee salaries as a percentage of revenue
2. Revenue per employee
3. Gross margin per employee
4. Profit per employee

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If you like this content, follow me and ring the 🔔 to get notifications of my latest content.

If you are a COO and looking to join a community that is just for other COOs, then consider joining the COO Alliance here: https://cooalliance.com/

If you are looking to level up your managers without it taking up all your time, have them sign-up for my Invest in Your Leaders Course: https://investinyourleaders.com/

If you want to read any of my books, you can order them on Amazon here: https://www.amazon.com/stores/Cameron-Herold/author/B00845CG2S

COOs: Are you looking to find your tribe?

It can be tough to find support as a COO.

I should know—I spent years as one.

That experience led me to building the community I wish I had during my time in that position with the COO Alliance.

It’s also led me to plan events like COO Connect, on from April 26-28, 2023.

We’re bringing together COOs from around the world for 2 1/2 days of deep exploration, sharing and offering you activities designed to let you find clarity in your life and in your business.

Sign up and join us: https://cooalliance.com/cooconnect/

COO Alliance

This is how I know someone is a micromanager:
- They focus on the minors instead of the majors.
- They spend a lot of time focusing on what went wrong.
- They focus on why someone made a mistake.

But, typically, it’s systems that fail, NOT people.

“Micromanage the process, not the people.” - Joe Apfelbaum

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If you like this content, follow me and ring the 🔔 to get notifications of my latest content.

If you are a COO and looking to join a community that is just for other COOs, then consider joining the COO Alliance here: https://cooalliance.com/

If you are looking to level up your managers without it taking up all your time, have them sign-up for my Invest in Your Leaders Course: https://investinyourleaders.com/

If you want to read any of my books, you can order them on Amazon here: https://www.amazon.com/stores/Cameron-Herold/author/B00845CG2S

COO Alliance Everyone is focused on teaching CEOs how to grow as leaders. Who is helping you, the COO? www.cooalliance.com

I'd be a billionaire if I only had a dollar for the many times I've been wrong. 🤣

If you aren't asking the right questions during your interview process, don't be surprised when you've hired the wrong person.

As a leader, asking the proper questions when interviewing someone is crucial.

I'll tell you some of my favorite questions to ask, and I encourage you to leave your favorite questions in the comments.

➡️ What most resonates with you about our company’s mission?
➡️ Do you have an example of a disagreement with a former boss?
➡️ Tell me something about yourself that’s not on your resume
➡️ Can you teach me something I don’t already know?

Uncovering a candidate's motivations, goals, and aspirations is a proven way to discover leaders for your business.

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If you like this content, follow me and ring the 🔔 to get notifications of my latest content.

If you are a COO and looking to join a community that is just for other COOs, then consider joining the COO Alliance here: https://cooalliance.com/

If you are looking to level up your managers without it taking up all your time, have them sign-up for my Invest in Your Leaders Course: https://investinyourleaders.com/

If you want to read any of my books, you can order them on Amazon here: https://www.amazon.com/stores/Cameron-Herold/author/B00845CG2S

Clarity can come in all shapes and sizes.

In my case, I was lucky to have it come to me in the middle of a meditation session 10,000 feet high in a cave in Bhutan last October.

It was a transformative activity, and one that taught me a lot about myself, and allowed me to gain clarity on the most effective approach to grow your company.

I’ve decided to share that clarity with COOs around the world at our COO Connect event, taking place from April 26-28, 2023.

Come create deep connections with other COOs and learn more about how to live your most authentic life.

Find out more here: https://cooalliance.com/cooconnect/

Love our new COO Alliance model and members - we had members from 8 countries on this last call...

Creating a great work environment requires a leap of faith.

Certainly, you work hard as a COO, and your work is important, but does that mean that the environment you and anyone else work in has to be serious, too?

Absolutely not!

Consider your company culture and think about why you should foster a fun working atmosphere as a leader and COO.

FUN FACT: The temperature of the surface water of the Arctic Ocean is fairly constant at approximately −1.8 °C (28.8 °F), near the freezing point of seawater.

PS - I was probably in that Arctic water for only two seconds!

Don't take yourself so seriously.

This business thing is just what we're doing to make money.

So maybe we can have some fun along the way.

Maybe we can enjoy the journey a little bit more.

Maybe we can laugh and have a good time with our team, suppliers, and customers.

It just makes the whole journey a lot more fun for everybody when we can take a moment to enjoy life.

6 spots left before this event is sold out... Comment below if you'd like to send your COO. The average attendee size is $42M... Min $5M to attend. NO CEOs. Only seconds in command...

Reverse engineering is the best way to set goals and expectations with your team.

What does your Vivid Vision look like in three years?

How does your company look, act, and feel, and what are the key projects you need to accomplish?

Almost like building a home, you put in the foundation, the walls, the electrical, and the plumbing.

That will make our company's goals a reality.

In reverse engineering everything, I make sure what people are working on is relevant to their business area, which is relevant to the company and the Vivid Vision.

That's how I ensure that all our goals and projects lead to actual implementation and ex*****on.

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Order the Vivid Vision book on Amazon here: https://www.amazon.com/Vivid-Vision-Remarkable-Aligning-Business/dp/161961877X

In October of 2022, I climbed 10,000 feet to learn invaluable insights from monks at Bhutan monastery.

It changed my life, and with what I’ve learned, I want to change your life too.

Join me for our COO Connect event from April 26-28th, 2023.

It’s going to be a COO Alliance event unlike any other before it.

The good news? You won’t have to climb 10,000 feet to get the most out of our event.

Learn more now: https://cooalliance.com/cooconnect/

Title inflation has become a real issue over the last two decades.

20 years ago, the only way to get a C-level title was to be a major player in a large corporation.

This no longer seems to be the case.

Therefore, I suggest executing a bit of caution regarding handing out titles too early due to the following reasons:

👉 Firstly, it could lead to role expectation snobbery, where some may believe they are doing a job beneath their pay grade.

While they think they're supposed to be strategic or hire new people, they're really needed to roll up their sleeves and get dirty.

👉 Secondly, it doesn't give them anything to shoot for.

If you give them a C-level title immediately instead of a VP or director, they will have no goal to strive toward.

There's nothing for them to achieve.

👉 Furthermore, Gen Y has become very good at asking for titles, asking for equity, asking for bonuses, asking for perks, and asking for flexible hours.

As a result, some CEOs have gotten a little sloppy, giving everything away without requiring team members to earn positions, making it more of a meritocracy, or even being considerate about everything a CEO does.

In my opinion, titles should be something you've earned.

As a rule, they should be commensurate with your salary expectations and the position's requirements.

🤔 What are your thoughts?

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If you are a COO and looking to join a community that is just for other COOs, then consider joining the COO Alliance: https://cooalliance.com/?source=linkedin

If you are looking to level up your managers without it taking up all your time, have them sign-up for my Invest in Your Leaders course: https://investinyourleaders.com/li

If you want to read any of my books, you can order them on Amazon: https://www.amazon.com/stores/Cameron-Herold/author/B00845CG2S

People need to stop giving advice.

This is because advice is often nothing more than an opinion, and opinions are like a**holes (you all know the rest of that sentiment 😉).

Our job is to share what we've experienced and let the person we're trying to help distill that experience in their own way.

This will make them far more open-minded and perhaps learn from your experience in a slightly different way.

Moreover, they can weave the experiences of numerous people together to come up with their own solutions.

What may appear harmless at first, might actually cost you more than you can afford.

It's always advised to evaluate what you choose to invest your time and efforts in. 💯

Raise your hand if you feel a little imposter syndrome every now and again. ✋

One of the commonalities experienced by CEOs and COOs, is we wake up in the morning with some degree of uncertainty.

We're constantly wondering...

🤔 Am I really cut out for this?
🤔 Do I have the skills?
🤔 Are people realizing I have no idea what I'm doing?

The reality is we're all feeling that to some extent.

The trick is to:

✅ Take a breath.
✅ Relax.
✅ Keep going.

OMG, I'm excited - my wife Ashley Perona put up the video from our Antarctica trip last year - check it out - on YouTube...

When I got fired from 1-800-GOT-JUNK at the age of 42.

I had no idea what I'd do next.

For the four months after that, I journaled every morning for 20 minutes because I was a bit lost.

I made lists of things that:

✅ I loved
✅ I hated
✅ I sucked at
✅ I was good at
✅ Every project I'd led
✅ Lifelines
✅ Timelines

I journaled to remember everything I'd done in my career up until that point.

As I sat down and really contemplated it, one of the core lessons I learned was, why am I taking this so seriously?

Why am I so focused and so serious all the time?

What I realized is that NONE of this stuff actually matters.

This is just what we do to make money.

You should work hard and be focused, but spice up your day with a little fun, spice up your interactions, and remember that everyone who comes to work is just trying to make money.

If we can have some fun along the way, laugh a little bit, and remember to enjoy the journey, we're going to be way more productive.

"Finally, a private group where no CEOs are allowed!" - a COO Alliance member said to me.

We discussed some amazing concepts at our COO Alliance events.

Everything from:

👉 Secrets to managing your CEOs.
👉 Top talent recruitment strategies.
👉 Tools and partners who'll save you money on marketing.
👉 How to level up your managers and leaders in a single day.

Want to join our next event, learn more here: https://cooalliance.com/?source=linkedin

If you're the smartest person in the room, you're in the wrong room.

Every time we get all our COOs together, I think, "Wow, I'm really dumb." this is how I know I am growing.

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Are you a COO looking to join a community of like-minded smart leaders?

Consider joining the COO Alliance: https://cooalliance.com/?source=linkedin