252: Mike Maddock — Is An Entrepreneur Forum Right For You?

Scaling Up Business Podcast

We have a returning guest for you today! Today’s guest talks about entrepreneurial forums and how beneficial they can be for your growth as a business owner, but only if you get plugged into the right community.

Mike Maddock is an entrepreneur, keynote speaker, executive coach, and writer. He calls himself an Idea Monkey because he loves to solve problems with disruptive ideas. His company, Maddock Douglas, INC, has become an internationally recognized innovation consultancy firm and has helped more than 25% of the Fortune 100 create and launch new products.

The second best decision Mike made (aside from marrying his wife, Ruth) was joining YPO/EO because he was able to get plugged into a high-level mastermind and get connected with a world-tier of entrepreneurs who understood exactly what he was going through.

One of the mistakes Mike made early on when joining an entrepreneurial forum was that he would only network with people who were “relevant” to him or who could help him. This was a mistake because what you really need is diversity of thought. You want to surround yourself with people who ask you tough questions that might get you bent out of shape and/or irritated. They’re forcing you to grow, and think differently.

A measure of a good forum is also the ability to get vulnerable. Entrepreneurs put everything in a blender, mix it up, and pray. We need people in our corner who can help us through the professional crisis as well as the personal crisis because it all blends together.

Interview Links:

Sponsored by: Sweetprocess.com

Maddockdouglas.com

Flourishforums.com

Mike-maddock.com

Resources:

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Scaling Up is the best-selling book by Verne Harnish and our team for Gazelles Coaching, on how the fastest-growing companies succeed where so many others fail. My name is Bill Gallagher, host of the Scaling Up Business Podcast and a leading Gazelles Coach. Gazelles is the term we use for fast-growing companies.

We help leadership teams with 4 Decisions around People, Strategy, Execution, and Cash so that they can Scale Up successfully and beat the odds of business growth success. Scaling Up for Gazelles companies is based on the Rockefeller Habits 2.0 (from Verne’s original best-selling business book, Mastering the Rockefeller Habits).