10Xers Group 5 Great by Choice Mason Stone Julio Garcia Courtney Ellis Roberto Padilla Glen Lesley Miguel Medrano Travis Tempel Casey Harvey
Key topics What is a 10Xer? Contrast between Amundsen and Scott? 3 core Behaviors Level 5 Ambition
What is a 10Xer A company that built an enterprise that beat their industry’s average by at least 10 times
Relative to less successful comparisons They’re not more creative They’re not more visionary They’re not more charismatic They’re not more ambitious They’re not more blessed by luck They’re not more risk seeking They’re not more heroic They’re not more prone to making big, bold moves
10Xers Are: Relentless and never giving in. Capable of immense perseverance. Overcome difficulty. Disciplined. Fanatic.
Are you Amundsen or Scott? Preparation Philosophical Differences Similar ages and comparable experience Trip was 1400 miles, New York to Chicago Different outcomes
10X Leadership
Fanatic Discipline What is it? Herb Kelleher – Southwest Airlines Kevin Plank – Under Armour UA - http://knowledge.wharton.upenn.edu/article.cfm?articleid=2665 Herb – funny but still focused Kevin Plank – After graduation from Maryland, he was determined to find a material for athletes.
Empirical Creativity Meaning Andy Grove – Intel Kevin Plank and past teammates. Meaning Andy – he wanted to have direct contact with lab tests… Kevin Plank – Met former teammates to test.
Productive Paranoia What is Productive Paranoia? Bill Gates and John Sculley What if? What if? What if? Productive Paranoia- Keeping alive Bill GatesAmundsen John Sculley Scott What if?-Trying to build companies bigger than themselves http://management.fortune.cnn.com/2011/10/26/under-armour-kevin-plank-horses/
Level 5 Ambition Passion and ambition. Dane Miller- Biomet Kevin Plank- Management Style Sharing the most important trait. Passion & Ambition- Big egos, but channeled into their companies (pg.37) Most important trait- (pg. 32-33)
In Conclusion 10Xers, what are they? Amundsen and Scott 10X leadership 3 core behaviors Level 5 Ambition