TMBA 403: Why Honesty is the Best Policy When Growing a Team
Podcast 34:37| Download | Stitcher | iTunes | Comment
On today's show, Dan and Ian are going to talk to an entrepreneur whose business is absolutely on fire.
Nathan Barry is the founder and CEO of ConvertKit, an email marketing program for bloggers. ConvertKit currently has 28 employees, and is turning over 9 million dollars in annual recurring income.
Nathan has built a long and storied reputation of boldly confronting and analyzing the challenges of entrepreneurship through his blog at NathanBarry.com.
In this week's episode, Nathan talks about one particular 'challenge' that he is facing right now, which many entrepreneurs would love to have.
How do you create a company culture when your team is growing at a remarkable pace? It turns out the answer is good, old-fashioned honesty.
Listen to this week's show and learn:
How ConvertKit almost closed its doors before it had any success. (4:10)
Why building a culture is important when working with a remote team. (8:56)
Some of the common struggles that arise when scaling your team. (20:56)
Why it's important to seek out the things that people are afraid to say. (24:14)
How to set up a successful profit sharing model with your team. (28:03)
Mentioned in the episode:
TMBA Masterminds
Sponsor the TMBA Podcast
The Dynamite Circle
The DC Podcast
Help Us Choose a New Name for the TropicalMBA Podcast
DC BKK
Nathan Barry
NathanBarry.com
ConvertKit
MicroConf
Mailchimp
InfusionSoft
Slack
Basecamp
"The Basecamp Way to Work" Workshop
Rand Fishkin
Moz
Buffer
This week's sponsor:
This week's episode is brought to you by DCBKK.
DCBKK is an immersive 5-day conference on October 18-22, 2017 hosted by the DC (Dynamite Circle) and presented by TropicalMBA creators Dan and Ian.
The annual DCBKK conference is held in a 5 star hotel in Bangkok, Thailand for 250 established entrepreneurs running mid 5-figure to 8-figure businesses.
Enjoyed this podcast? Check out these:
TMBA 396: The Realities of Running a Business in 2017
TMBA 398: Evolve or Die
TMBA 402: What's Your Superpower?
Listening options:
Subscribe via iTunes.
Listen on Stitcher Radio.
Android users can grab our RSS feed here.
Right-click and "save file as" for direct download.
Or click here to get sent to the top of the page where the on-site player is.
HAVE COMMENTS ABOUT THE SHOW?
Do you have ideas for things you'd like Dan and Ian to discuss on future episodes?
Our producer Jane would love to hear from you at jane@tropicalmba.com or leave us a voice message using the record button below.
Thanks for listening to our show! We'll be back next Thursday morning 8AM EST.
Cheers,
Dan & Ian