On this episode Tyler Hodgson joins Sean Z to talk about how he has created a culture of ownership by inviting his team to share in the growth of his brokerage. Tyler also discusses becoming a coach in Next Level, how processes guide execution, and why his company made the Inc 5000 list two years in a row.
3:15 Next Level journey
5:00 NXT business growth
7:05 Being a coach
9:20 Allowing team ownership
13:00 Processes
15:55 Keys to Tyler’s success
Takeaways:
Coaching helps you but coaching helps your team as well.
When you allow your team to share in the growth financially of a company it drives everyone to be invested in the success.
If you do decide to create a stock structure, your goal is to make it simple.
Setting a standard contract date allows you to set up a repeatable, seamless process.
Details matter for the customer experience but also for the experience of your team.
You have to be excited and passionate about what you do to really enjoy the success you want.
Quotes:
“I decided to sign up for coaching for two reasons. One, so that I can have my own personal coaching. Two so I could regurgitate that coaching to other members of my team.”
“I talked to some attorneys and got some advice so that our team members could have some actual ownership and share in the growth.”
“That ownership mindset from your team is so important.”
“There is nothing better than to have your team invested month in and month out.”
“Time kills deals.”
“You have to understand all the different pieces and pay attention to all of them.”
Show Links:
Strategy Call: www.NLStrategyCall.com
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