On this episode of Business Insanity Talk Radio, we first discuss whether or not there is a difference between taking leadership and giving leadership. And, if so, does it really make that big of a difference in your ability to lead? Then, one of America’s greatest entrepreneurs Steve Case joins us to talk about his new book The Third Wave. After, we talk to the winners of the American Small Business Championship hosted by SCORE, mentors to America’s small businesses, and sponsored by Sam’s Club. Also, if there is one space that is crowded with small businesses, it’s the tech space. We’ll let you know what it really takes to succeed in this industry. Finally, should you buy one of those new-fangled domain extensions like .live or .video or .news? We have the answer for you.
Listen and enjoy:
Segment 1: Bob Burg is the author of a number of books on sales, marketing and influence, with total book sales of well over a million copies. He was named by the American Management Association as one of the Top 30 Most Influential Thought Leaders in Business for 2014. His new book is titled “The Go Giver Leader”.
2:15 – Why are most people so terrible at leading?
5:00 – What is the difference between taking leadership and giving leadership?
6:15 – Debunking the myth that there can only be one leader in an organization.
7:00 – How do you know if you are a good leader?
8:00 – What advice do you have for future young leaders?
9:30 – How to find out what your team wants.
Segment 2: Steve Case is one of America’s most successful entrepreneurs. Under his leadership, AOL drove the worldwide adoption of a medium that has transformed business and society. AOL handled nearly half of all internet traffic at its peak, was the first ever Internet IPO, and was the top performing company of the 1990’s. In 2000, Steve negotiated the largest merger in business history, bringing together AOL and Time Warner in a transaction that gave AOL shareholders a majority stake in the combined company. As chairman and CEO of Revolution, a Washington, DC-based investment firm he co-founded in 2005, Case partners with visionary entrepreneurs to build businesses such as Zipcar. Steve is also a Presidential Ambassador for Global Entrepreneurship and was a member of President Obama’s Council on Jobs and Competitiveness where he chaired the subcommittee on entrepreneurship. His new book is called “The Third Wave: An Entrepreneur’s Guide to the Future”.
16:00 – What was it like at the beginning of the Internet and why did you even think this thing called the Internet would even work?
17:00 – Did the Internet turn out like you thought? How is it different?
17:30 – What was AOL’s breakthrough moment?
19:00 – How did AOL get the idea for the women’s voice?
19:30 – What did Steve learn from AOL’s merge with Time Warner?
20:30 – The three P’s most important to the Third Wave entrepreneurs: Partnerships, Policies, Perseverance
22:00 – Why is Policy important for Third Wave entrepreneurs?
23:30 – Were Steve’s early days as an entrepreneur similar to what entrepreneurs experience today?
Segment 3: Monica Swope is the founder and principal consultant of Learning Dimensions, an educational consultant company. PJ McGuire is the inventor or Wrapperoo. They are the winners of the American Small Business Championship hosted by SCORE, mentors to America’s small businesses, and sponsored by Sam’s Club.
31:00 – PJ, what is Wrapperroo and how did you come up with this invention?
32:15 – Monica, how did you go from Educator to Entrepreneur?
34:00 – PJ, how did you turn an idea into an actionable product? And how did you get on GMA twice?
35:15 – Monica, what does it mean to be awarded the American Small Business Championship?
Segment 4: Fred Hoch is the Chief Executive Officer of the Illinois Technology Association (ITA). For 18 years, Fred Hoch has worked with hundreds of companies to strategically address the ongoing transformation and challenges of the technology industry.
40:30 – What does it take to succeed as a technology entrepreneur?
41:15 – Is the low barrier to entry a good thing or a bad thing?
41:45 – Why the most innovative technologies are transforming industries.
42:15 – What innovative technology companies in Chicago are you most proud of?
43:00 – Why you don’t need to move to Silicon Valley to be successful.
44:15 – The awards given to technology entrepreneurs that you need to know about.
45:30 – Sage Summit is coming to Chicago, why is this so important?
Segment 5: Taryn Naidu is the CEO of Rightside. He leads the teams responsible for establishing Rightside’s strategy for acquiring generic top level domain registry operator rights.
49:30 – What are the hot new domains?
50:00 – Why have these unconventional domains increased in popularity?
50:45 – Are these hot new domains actually catching on?
51:30 – How do the search engines treat these new domains?