Torii Hunter

Center Fielder | Minnesota Twins

Torii Kedar Hunter is an American former professional baseball center fielder and right fielder. He played in Major League Baseball (MLB) for the Minnesota Twins, Los Angeles Angels of Anaheim, and Detroit Tigers from 1997 through 2015. Hunter was a five-time All-Star, won nine consecutive Gold Glove Awards as a center fielder, and was a two-time Silver Slugger Award winner

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Episode 197 – Building a Baby Crib Empire with Daniel Fong

Million Dollar Baby has been designing elegant and sophisticated nursery furniture for more than 25 years. Founder Daniel Fong shares about the early days of his enterprise. He talks about what it’s been like to watch his kids grow up in the business, get involved, and continue to be instrumental in leading the organization into the next phase of development.


All opinions expressed on this podcast, including the team and guests, are solely their opinions. Host and guests may maintain positions in the companies and securities discussed. This podcast is for informational purposes only and should not be relied upon as specific advice for any individual or organization.

Episode Transcript


Transcription is done by an AI software. While technology is an incredible tool to automate this process, there will be misspellings and typos that might accompany it. Please keep that in mind as you work through it.

Rusty Rueff: Welcome back, everyone, to the Faith Driven Entrepreneur podcast. I hope you’re in a place where you’re ready to be provoked into your thoughts, maybe even blown away because our guest today does that, certainly. Ed Henry, William and myself. Daniel Fong is the founder of Million Dollar Baby, and I Know What You’re Thinking, Oh, the movie where Hilary Swank is a is a boxer. No, that’s not it. Million Dollar Baby is actually a company that has been designing elegant and sophisticated nursery furniture for over 25 years. That, in itself is very cool. He’s going to tell us, though, all about the early days of the business and what it’s been like to watch his kids grow up into the business. That’s also very cool. Watch them get involved and continue to be instrumental in leading the organization into the next phase of development. But Daniel has a philosophy, a philosophy of being versus doing and how that philosophy shows up in his business life. And in his business actions, it’s a little bit mind blowing. But man, is it good stuff? Henry, jump in.

Henry Kaestner: Welcome back to Faith Driven Entrepreneur William Rusty, my co-host, my great friends. How are you?

Rusty Rueff: I’m doing great. How about you?

Henry Kaestner: I’m really well, thank you. I’m really well

William Norvell: tastic. I think Rusty is alive over there. Yeah.

Henry Kaestner: Rusty is having some visual problems. You know, this is a podcast, so most of our guests can’t see how we look in the studio audience. Imagine if you will, this is the most amazing high tech sound studio ever, and that’s actually not where we are. But just imagine that I think that that’s helpful. Last night was a special blessing. We have, and I think we’ve talked about this before in the program. We’ve got a group of faith driven entrepreneurs that get together out here in the Bay Area called inklings and inklings is in amJ to C.S. Lewis and Jared, and I got together and call themselves the inklings of the Eagle and child. And they were great friends. They shared fellowship together. They were constructive critics of each other’s work, and some beautiful things came out of their friendship. And I think we all know about that. So we’ve been doing that since we did the inklings in Durham, North Carolina, for four or five years. And then that continued in various forms, which had inklings groups in Singapore and Jakarta. But probably the most vibrant group is out here right now in the Bay Area, although groups are starting to spread a whole bunch of other places. I know that there’s a vibrant group in Atlanta and other places. And I think that over the course of the coming year, I think we’ll probably look to encourage more of that because, you know, we’ve got this new program for small groups. We’ve got this small group study that I did with JD Greer and eight weeks going through the marks of a Faith Driven Entrepreneur. And I think we’ve got 300 Faith driven entrepreneurs are going through it right now with twenty three facilitators, which I think is pretty cool. But we have this, you know, this physical gathering of entrepreneurs who get together and location. And last thing on small groups is that what’s cool about is the make up is you can be in a small group with a Faith Driven Entrepreneur from the Congo and from Brussels and from Spokane. It’s really neat in the way that there’s a lot of diversity. Last night, William was the speaker at inklings, and he shared in a way that was really profound. It was vulnerable, it was transparent and he had a theme, and William just wanted to touch on a theme. I think at some point in time, we will record. We’ll take the recording of last night’s presentation and in some form or fashion, maybe in an edited down version of it, we will share with a broader audience because it’s so much of your personal story and there’s so much there. But you talked about a theme. I think it’s relevant for all of our audience. What was it?

William Norvell: Oh, yeah, thanks. So the major theme was so the guy’s been doing in my life where he’s just been pushing me towards the phrase that is meaningful risk. And I feel like God’s just been pounding on me to try to figure out how to do that with him. And, you know, three at the biblical point I process through not to say everyone. Thirty five minutes here than thirty seconds was to take meaningful risk. I think you need to understand grace and understand how much God loves you and how it’s never going to leave you. You need to understand humility, how big God is, how much we are a extra in the play and he is the star. And then third, to understand what he puts in front of us to be passionate about and not in the happy sense here. This is holy week on a recording, but in the sense that what are we willing to suffer for? And as I processed through that, I think that if we can take God’s grace and be humble and find those things that we will suffer for that those are worth taking meaningful risk for.

Henry Kaestner: Indeed, it was really, really good. And we’re going to need to unpack that. Maybe in a future podcast episode. At the very least, I think we need to go ahead and take the PowerPoint presentation that you had because you had some great context and some great scripture references, and it was just a great framework to ask us about whether we’re taking risk. One of the memorable quotes was the way we were able to paraphrase the Bible a little bit. And just like, you know, what’s the greatest risk? What’s the worst thing? It can happen, right? And I think it was, was it from Luke? So like, I think the worst thing can happen is you can get killed. That’s it. That’s it. If that’s it right, why don’t we take action? All I can do is kill you. All you can do is kill you. And I just I thought that was really profound.

Rusty Rueff: The other day I was reading pick back up my utmost for his highest oswal. Yeah. You know, daily devotional. Yes. Yeah. A few weeks ago, it reminded me of Hebrews 11 eight. He had a thing about Abraham and Abraham. He went out not knowing where he was going. And right. I mean, the ultimate risk, they’re right, you know, a life of faith. He went out not knowing where he was going and just follow what God told him.

William Norvell: So I may or may not own the web address going without knowing for a future project.

Henry Kaestner: Really? Yeah, that’s awesome.

William Norvell: Without knowing was, I had to get that. I’m going to use that for something one day.

But you

Henry Kaestner: should. You should. I like as well. OK. We have a special guest with us. Daniel Fong. I can’t even remember how I ended up connecting in with Daniel. Maybe it matters. Maybe it doesn’t. But we had a really neat conversation five or six weeks ago, and as I was talking to Daniel about what he does and we’re talking within the context of this ministry, we have called Faith Driven Investor. And if you don’t know that we have a separate blog and a podcast and we have a lot of fun with that. But as I was talking to Daniel about his investing experience, I came to understand, of course, that he has an incredible entrepreneurial story as well. And there’s so much overlap with Faith Driven Investor and Faith Driven Entrepreneur. And he’s really leaned into his role as an active investor, understanding that he has this opportunity of pouring into a next generation of entrepreneurs, and he has a framework through which he goes through it. And as he’s going through it, I was really captivated. And I think that there are some things and I never say this. I mean, we always want to keep things fresh around here. I don’t think I’ve ever said this before. I guess there are some things that I’m not 100 percent sure that I agree with with Daniel Daniel. Talk about, for instance, about laying off people, and he’s got a very strong view on that that I think is really important and I continue to chew on that. And whether you agree with his view on laying people off or not, I think it provokes a really deep, hard look at what it looks like to love our neighbor. That is beneficial. So I’m looking forward to doing that, and there’s so much more. There’s generational transfer to talk about. There’s investing to talk about, and there’s an incredible entrepreneurial story that he has behind Million Dollar Baby. So, Daniel, thank you for being with us.

Daniel Fong: It’s so good to be here with you all. Thank you for inviting me.

Henry Kaestner: So, Daniel, we’d like to hear about the background in the story who you are, where you come from. We do that with every one of our guests. You’ve got a great story. Why don’t you lead us up until the time of Million Dollar Baby? What’s your background?

Daniel Fong: OK? I grew up in a Christian family, going to church every Sunday and was baptized at the age of 15 before I left Hong Kong for boarding school in Massachusetts. After graduation from college in 1979, I returned to Hong Kong and joined my father’s textile manufacturing business. He was extremely sick with a stomach ulcer and being the only son and oldest in the family, I felt compelled to help my father at that time. His also got cured and after four years when Great Britain announced that Hong Kong would be returned to China in 1997. My parents, who both escaped to Hong Kong from communist China in the 50s advised me to become a U.S. citizen, so I joined Li and Fung, a global training company, started their venture capital business in San Francisco and built up my confidence in tackling multiple assignments during the six years I worked for them. On June 4th, 1989, the so-called incident in Tiananmen Square was very traumatic for my wife and me and our two very young children. We decided to immigrate to Los Angeles, where two of my youngest sisters has settled. We arrived in L.A. on October 1st, 1989, decided to take a three month break before looking for work. Since I have worked in the family business and also one of the largest global companies, I decided to go for a new experience in running my own business. You see experiencing different experiences under the umbrella of continuous learning. It’s part of my lifelong goal. I actually had it written down in a reflective document in 1990. It says to experience as much experience possible. Therefore, it is not a typical reason for the most entrepreneurs to start their businesses. My reason has nothing to do with ego making a lot of money or being in control. It was simply a new experience that I was pursuing. It is definitely not about changing the world and making an impact. I was not traumatized by my experience working for my father and also the big global company. Therefore, there is no mission to correct any wrongs, so to speak. In the beginning, I was going to open several businesses that will support my hobbies, like raising colorful tropical fish and a beautiful flower and plant shop. In terms of how my faith influenced my life and my decision to start my own business, I don’t think it was a big part of my being 10 30 years ago. The final sentence in my 1990 reflection document said to live a balanced, multifaceted life of continuous improvement under the guidance of God. In that sense, I am no different from most people, including Christians, that I know it is all about me. The world is centered around me, and the focus is how to be successful usually means making a lot of money and under the guidance of God is how we act or sugar coats are basically secular life with Christianity. Some from the age of 21 to 41, including the first 10 years and running Million Dollar Baby. I am a typical hard charging business executive and a very successful one, so that’s my doing face. And I was an excellent doer. From 2000 onward, I embarked on a different journey and in practicing and perfecting a doctrine of being before doing.

Henry Kaestner: OK, so that’s there’s so much to unpack there, and I want to do that before we do the being part. And this is one of those moments, I think, in our podcast, that’s an important to pause this concept that we’re going to get back to here and second of focusing on being rather than doing is really, really, really important. And I think that we as faith driven entrepreneurs miss it more often than we should. I think our Chris farmers do, but I think that Faith driven entrepreneurs are focused on doing and we need to be we need to receive first. So a lot more there. But let’s go ahead before we get to the being part. Let’s unpack a little bit more of the doing part because you had a consumer brand, a good number of people are going to be familiar with it and want to hear some of the lessons that you learned as you start a million dollar baby, as you expanded it, as you brought family members into it. Help us understand how that started and how it grew during your doing phase.

Daniel Fong: As I discussed with you before, I would call it, and I put on the divine appointments how I started noticing this company called Million Dollar Baby, which is a very small wholesale company in Los Angeles. The time that I bought and the divine appointment was because I bought another similar company. The second year round, who was located in Dallas, Texas. So in two years, you know, basically I have two branches and then subsequently then we expand to Atlanta and New York. So Million Dollar Baby, that is different from everybody else during part of it. It’s a true multi-brand company. We do not simply create brands simply for channel management that is naming identical or similar products under different brands. We have seven major brands now and many smaller sub brands. It is a very complicated and sophisticated strategy that requires us to know and segment our customer truly well. Each brand identifies type of houses or homes that our products would go into. We know the cost that they drive and the lifestyle of our target customers for each of our brands. No other companies in our space have been able even to come close to what we have achieved in our industry for the past 30 years. Million Dollar Baby is the first call of all the top retailers because we have been awesome partners to them. So the goals of our awesome sales team led by my daughter Tracy, is not a particular sales number. To be the first call is the goal. Sales to us at Million Dollar Baby is the result when we serve our customers well, different from all companies that I know. Million Dollar Baby does not have any long term goals. At least we have annual projections, not sales goals that are more about supply chain management. To be the most loved brand is our long term goal, and no more boring nurseries is our mission. Million Dollar Baby Focus is on excellent execution on a quarterly basis. We spent one week every quarter when the entire company slows down, reveals what happened during the last quarter and formulate new plans for the next quarter. I do not know of any other company in this world that would dedicate one week every quarter for this very unique practice. However, I can see how the alarm bells are ringing with our listeners because short term quarterly results are why many public companies are not doing well are in trouble. It is therefore why I need to unpacked our quarterly performance review. We practice more clearly. First of all, my intention is to stimulate not to advocate any duplication because no two persons are the same and no two companies are the same. What works at Million Dollar Baby will probably not work at your company if you simply copy what we do. It is not the doing that matters, but the being. The short term quality focus is based on my subscription to Matthew, six, 25 34, which is the do not worry section in the sermon of the Mount Verse, 34 said. Therefore, do not worry about tomorrow for tomorrow will worry about itself. Each day has enough trouble of its own. Four million dollar baby outgo is not about maximizing profit. That is not our reason for being. I personally, therefore, the company submits to the following doctrine. We express our love of God with our my soul, mind and strength by being excellent in everything that we do and with every encounter. Yet our claim of excellence need to be confirmed invalidated by all our neighbors, which includes our employees, our customers and our suppliers. In that sense, our excellence is a reflection of how we love all our neighbors. It is what I call the rootedness of our being or the reason why we are in business. Profits or sales are just results. They are not our goals. Another significant difference between Million Dollar Baby is our attitude towards our employees. We do not have a human resource department. We do not treat our employees as resources that we acquire and discard. I coined the term talent management 30 years ago, and I am happy to notice that this term is becoming popular instead of paying lip service by claiming that our employees are like family and the most important asset of Million Dollar Baby. At this time, we have a $10 million emergency fund that will allow us not to lay off a single employee for one year, even if our sales drop to zero. I do not believe it is morally, ethically or biblically justifiable to use lay offs as a legitimate business to if we claim that our employees are truly our family members.

Henry Kaestner: So that’s fascinating, and that’s what I alluded to at the beginning of the program, and I’ve been spending some amount of time thinking about that, and there’s so much cash, there’s so much in there. First off, we’ve had three babies in our house and none of them have been boring. But I do think that I end up spending a million dollars preach baby with all the care that they get so much of that I can identify with. But more seriously, this concept of never laying somebody off is fascinating to me. You couched it in this context of loving our neighbor. Right? You’re very deliberate about that. You talked about the suppliers and the customers and your employees, the people you come across and you’re compelled to love your neighbor. And your sense is that if you haven’t planned appropriately and because of an economic downturn. You have to lay somebody off. You haven’t loved them, you haven’t love them by having planning ahead. Now that’s peculiar because it stands a little bit in opposition to your idea of not ever planning, right? So there’s two other very interesting things that are kind of in tension. One is always plan to make sure you have enough money to be able to make sure you don’t lay somebody off. And yet, on the other hand, don’t overly plan. We don’t have a five year plan, a bandwidth, by the way. I always wanted a five year plan. David said. That’s ridiculous. It’s stupid. It’s Stalinist is actually the word he used. And so we never had a five year plan, so we had a four and a half year plan. Now we just ended up not having great plans, either. But talk about that tension between planning and I think that there’s a distinction here that you’re planning financially to have enough financial resources, but not overly programing what the activities are. You should just unpack that a little bit. And then I think that mean Rusty will pick up on this very novel concept of never laying anybody off.

Daniel Fong: Yeah, I think, Henry, you can see that I have been really framing the discussion of laying off because I know that I’ve been practicing talking to a lot of people recently about this, and a lot of people are having a lot of pushback. So I would say that the first is not a planning that’s not politics doing when I decided not to lay it. I think that’s part of the definition of my being. So it should be part of the whole reason of actually running a business or what is the theology behind the business. The challenge to everyone that I’ve talked to is that everyone, including Christian businesspeople, would say that the purpose of a company is to maximize profit. Right. So it seems like no one would ever even debate that. And that’s where I’m coming from is that the rootedness of business is really not about making a profit. Profit is the result. So to me, the rootedness of the business is how I can express my love for God by glorify him with excellence and then loving my neighbor. The greatest lord that Jesus Christ command us to do should be, to me, the rootedness of my being and the reason why the company exists. And so with that as the rootedness, then what do you do, you know with your employees? So to me, you can say it’s planning, but part of is that if you treat employee just like a family member or whatever, but then you have a different starting point. I understand the difficulty when I challenge people, but the Norvell layoff policy, because if you don’t think about that and then when the economy drops and disaster hits or something, yeah, then what are you going to do then the Christian ways that you try to be as loving as possible to try to deal with and then use your laying off is inevitable because you never really sort of position the being of the company in terms of thinking that way. And that’s why you’re not prepared for that. So that, to me is that I’m reframing is that we need to go back a little bit. You know, you can’t just now suddenly have no layoff policy when you’re not prepared for it. So for me, having that emergency fund is part of my being statement rather than my doing statement is to being of the business. To further illustrate that is that it’s really there’s two aspect because last year COVID hit and I have just say without naming names, right? Major Christian companies now people that are, you know, running billion dollar business or they’re building. There are some things that are featured on these podcasts. They all basically lay off thousands of people as part of that, I think expression that, you know, this is inevitable and I usually ask those question. But the key element for me today is that in at least two cases, they said 2019 was the best year ever in their company’s history and that 2020 hits. And then, you know, they have to lay off people. So this what I want to introduce that there it is possible if you change your frame of mind from a A. sales type of or annual profit. And that statement, right? This is something that I actually discussed to a lot of my wealthy friends, right when they started and I said, Hey, you have made a lot of money with this group of employees for the past 10 years, 20 years, right? So if you look at that as one year now, right of all the years, the profit that you have made, then this one year you hit and note did affect your current year now and you start laying off people. So whatever it is, that means you pocket it for the past 20 or 19 years, it’s yours. So now, I mean, I’m just saying the frame of mind is that if you think about that, all the profits that you made for the past 20 years, it’s very difficult, I think, for anyone to justify laying off. That’s just a frame of mind along the same line, which is also that I got very upset by reading Howard Schultz book on when he came back and sort of turned around Starbucks. And then too many shares of Zappos. When he moved from San Francisco to Las Vegas, they both laid off thousands of people and they actually. Wrote about how they were crying people, what I meant to me, that doesn’t really make sense because both of them are billionaires, right? So let me just put it in a framework, right? I think in both cases, it’s like 3000 or 4000 people. So for 3000 people assuming $50000 a year’s salary, right, three thousand fifty thousand, that’s $150 million. Right. It’s a lot of money. But if you’re a billionaire, if you give a one hundred and fifty million, you still have eight hundred fifty million dollars. This is where I’m saying that. That’s not really a planning statement. It’s a being statement. Is that whatever you know, money I derive from the business in the past, that’s me. Right now, I have to lay off people because that’s sorry, because that’s how business is right. That doesn’t really sound very logical and sensible and very Christlike to me. That’s really what this is not something new because I have always felt very sad. Every time I read this newspaper news about this since the 80s, you know, when I first after graduation are laying off people. It’s a major corporate move, and every time there’s a economic downturn laying off people. So that’s why I felt bad. And that’s so in order for me to be truthful and thought that offensive to my feeling of doing that, I would. Why would I duplicate that if that is the case, if I’m upset about that type of practice? So that’s why it started. I would say 20 years ago that I really seriously put this into practice by creating an emergency fund.

Rusty Rueff: Yeah, I think it’s fascinating, Daniel. You know, if I reflect back and I think you appropriately have defined the time frame and in the late 80s, because it was really the stock market crash in 1987, that changed some significant thinking about how companies thought about things just prior to that, like I was part of the PepsiCo companies and Frito-Lay. Frito-Lay, never Herman would not allow people to be laid off, right? And in 1991. We went through the first significant layoff in the company’s history and it changed, I think, forever the tone and tenor of the relationship of the employee in the company and not unlike Watson and how he ran IBM right. IBM was a lifetime employment company. People forget that when you joined IBM, when we were coming up, you know you were guaranteed lifetime employment and then they they moved away from that. It changed the relationship. So I think it’s fascinating because in some ways you’re bringing back the past to the future and running counter to really this idea that profit is everything. Now that being said, you know, let’s also remember, I think that when you take other people’s money. Right. So if you’re an entrepreneur and you’ve taken other people’s money, whether that’s venture capital, who has an expectation from their limited partners for return or you go public and now you’re a public company, you know, it’s much harder for these, you know, as you talk about Tony and you know, Howard Schultz, and for them to step in and say, Oh, well, I’ll personally save this, you know, because they have expectations from shareholders. But what I am fascinated with is this idea of the emergency fee, right? This emergency fund, because whether you’re a big company or a small company, you know, you could begin to think from day one about a cushion, the rainy day fund to say, rather than immediately go to my labor line as my savings. I will draw on that fund first, and I see that as a very positive long term investment in the company. Right? You know, to have that and in some ways, it really, you know, I’m sure when you talk to your employees and are they hear that you have that when you’re recruiting somebody, their first feeling has to be something like, you know, people must have felt from Watson when they talked about lifetime employment. It’s like, Hey, you care that much. That’s pretty cool. That’s pretty cool. So I applaud you for it. I think it’s really probably hard for some of our listeners right now who are under the impression are under the influence of other people’s money. Amen a board that would look at them and go, Are you crazy? But it’s really thought provoking. I really appreciate it.

William Norvell: I agree. The only thing William here I would comment is, you know, I had this conversation recently because a lot of my friends worked at Airbnb right before they went public. And I don’t know if everybody tracked this. But you know, as you might imagine and covered, at least in the very beginning stages, the business took a big hit, right? And they eventually laid off. I think it was twenty five percent of the workforce. And then about three months later, they went public and the stock tripled. And you know, Brian Chesky is worth $15 billion now and the tension. They’re there, right? I think the public markets were actually happy that they shed expenses. Right. So I think he actually got in some way rewarded for that. And I just think it’s a tough tension. I think it’s profound thought because we had lots of conferences like, how is this guy that made $15 billion could have kept some people on stock because Airbnb is now, of course, recovered. Right. And the companies do it incredibly well. And of course, people are going to start traveling again. Like, how was there not a six month cushion there? And I think he gave people six months severance. It wasn’t just a horrific thing, but they did lose their jobs and they have to find a new one in the midst of a pandemic and they work at a travel company. Right. So I just think it’s a profound thought. And, you know, I just thank you for sort of going out and taking a risk. You know, I think we’ve talked Rusty in here a little bit about, you know, finding what Jesus would have for us in our business. You know, and I think you said it so well, data one size fits one, like, what is Jesus calling you to do? That is different, right than what the world tells you to do. I hope people think about that. I hope people think like, what could that be? Maybe it’s this. Maybe it’s an emergency fund for layoffs. Maybe it’s something else. Maybe it’s how to love them through having children or whatever it may be.

Daniel Fong: So comment on the emergency fund is actually we never really have to draw it down or it have to use that because we never really actually have to face that situation. But the funny thing is that we did actually have to use the emergency fund about five years ago. You know, when my son transitioned to CEO and I think she made some mistake in actually doubling our inventory basically overnight by some glitch in the programing and the strategy? And that was helpful to have an emergency fund in terms of that. That’s right. It was pretty traumatic for us for about a couple of years. But then so it it’s that’s what I would say that sometimes, you know, when you do things with a different motivation, which is talk about the being, God will bless us because it was not really for a certain intention, but it can be very useful in other things and it’s also very powerful. Last March, we were one of the, I think, if not the first company to actually shelter from home because my son and Mike, it’s just very, very protective all about our employees and we treat them as as family members. So he said, why would I not do that if I’m very, very concerned about the health issue, I should extend that to all my employees. And the first thing that we said, because we were anticipating at least a 50 percent drop in sales, at least because everything was shutting down and all that. So again, that was the time where we thought that we would have. So the first thing that we announced when we shelter from home is that there will be no layoffs that just tell everybody just to be calm down and not to worry about that. And I’m just saying that you cannot believe how powerful that statement. Of course, we’ve been repeating that throughout our quarterly meetings and stuff that I’ve been talking about, but to actually right when the situation arises to say something like that, it’s really, really powerful to our company and to the morale of the whole company.

William Norvell: That’s amazing. And you know, as I mentioned earlier, just like I feel that meaningful risk that Jesus put on your heart and you took it. And here he is, walking with you through it. So I want to switch to this. You just mentioned your children a little bit. Could you tell us about running a generational business and how that’s worked out where you are now and just kind of walk us through the generational transfer of the business and how your children got involved?

Daniel Fong: Yeah, that actually, it’s really a tremendous blessing, right? I mean, because you hear so many negative stories about family business and our family working together never worked. And actually, I’m from Hong Kong, right? Almost all the major families in Hong Kong are suing each other. They’re having problems. So it is obviously very, very a great blessing if things worked out. So I guess it could be because the same thing, right? When you read a lot of these layoffs news and you think about it, it’s OK. Well, now how does that affect my being? So same thing with running a family business is actually that was not intentional. In the beginning, I work for my father. And so when my children are very young, I actually said two things to them. I said, Just because your father and your mother running their own business, there’s actually no pressure for them to come and join the family business. That’s I stated that very early on, and I actually encouraged that they go on and do other things, you know, right? Because I work for a big company and then eventually I start my own business. I thought, that’s not. That’s as I experience. I also tell them that they cannot. Just because their last name is Fong automatically assume that they have a VP position or or event. You will take over the company because, like I say, I have my team that I’ve built up, so that doesn’t really work well with me. So the amazing thing was that while I really don’t want that to happen, I think that’s why I really subscribe to divine appointments. That is, God set the schedule and cuts at the programs in my life. Two thousand four I, my daughter. Graduate from college at the same time, my wife who’s. Just in the ABC, early 40s got colon cancer, and it was very surprised, you know, it was a sudden thing, and we really cannot deal with it in a much smaller company than 2004. And so I asked my daughter simply to delay her employment in New York City, working for Christie. So about three months so that we can reorganize and hire more people to do what mom is doing and things like that. And so she agreed. She said, OK, I’ll just take a no delay for three months, and she joined the company. It was a temporary thing for me, but what I heard from the team was that the first day she came to work, everybody said it was like a breath of fresh air that came through the office the way that she talks as she carries herself. In this, she just how she works was really amazing. And as she loved the business and she staged, so she continues with and working the company and I I felt very, very blessed and very, very excited to be working with my daughter. And so then I changed gear because my son will be graduating in two years time. And I actually did a proper recruitment exercise, and I’ll find him out to the company spring break, along with two of his classmates that the wine and dine them, you know, explain to them and try to recruit them. So that was not a typical father and son talk. OK, now it’s time to come back to work for a father. Usually work for peanuts, you know, because it’s a privilege to work your father. And all that said, no, I did a proper recruitment because there were two other classmates that we were trying to recruit. The bottom line was that all three of them joined a company, and so I would say that that recommendation, it’s that all parents should look at it, that instead of a requirement that their kids joined a company, that they should really try to think of it as recruiting the best employees possible. Now regarding the transition part is also interesting is that because I actually besides my two son and daughter, I also have a brother in law. I also have a sister that works in the company. So as part of the being statement, right? If we want to glorify God in business as a Christian family, I just have this notion that we should not argue in front of the employees at the business when we’re working together because it is inevitable, like even with family, that disagreements at different issues. So I created a family meeting for all the family members that work in the business outside of the business, and it’s shared by not myself, by a chair, by a good friend of mine who’s a great coach. And I would say that it’s very helpful and very transformative in terms of how the family showed up at the business every day because we resolve all the issue separately. And during one of those meetings, it’s when I was thinking just out loud, I said, Well, I mean, eventually I would do not want to continue to be the CEO because things are changing fast and everything requires a different type of energy. And I just felt that I want to have that discussion and basically immediately there was some resolution. My daughter set l’État. He goes first. You know, so even though she’s older, but she felt that, you know, the brother should go first and then immediately. My brother in law, my sister, said, Ted is not ready. And then the next conversation, OK, fine. They will do a three year co-CEO situation and then transition to CEO. So I would say that that is a significant piece of sort of strategy that I’ve been advising a lot of family business now to sort of try to have that type of a family meeting outside of the business and chair by someone that’s outside of the business and to really worked out all the issues outside the business first and showed I was a united front at the business.

William Norvell: Could you tell our listeners a little bit? How often do you meet? When does that meeting kind of happen? I mean, you said you had a coach. I mean, I assume this is someone you hired, like you hired a professional to come in, just kind of talk through that. I think that’s probably something that that people would be interested in.

Daniel Fong: Yeah, the rhythm is always quarterly, so we run the company in a quality basis. We spent one week every quarter, so every quarter we will have a family meeting before the quality meeting. So the rhythm is quarterly. Yes. And I don’t know if you guys know about this organization called this stitch, which is the year with it executive training organization. So I was a member since 1992 as part of my continuous learning and just try to, you know, be a responsible executive. So Richard was my chair, then he later became the president of the organization. But then now he’s also back. The chair and so I have a long relationship with him, so I trust him, and he knows the family really well. So that really worked out really good. So does that answer your question? It’s a

William Norvell: it does. It does. No, I appreciate that. And unfortunately, we’re coming close to the end. But I have to bring up one thing that I’ve heard you say before that I think may or may not have come up in this meeting because I have a feeling some other CEOs may have a similar issue. Can you explain the seagull problem that you suffered through while serving as a co-CEO with your son? OK.

Daniel Fong: The funny thing is that I know that it came up with the Inc magazine interview and all that stuff. Of course, I don’t claim that I’m the CEO.

William Norvell: Of course not.

Daniel Fong: Of course, I did things like that, but obviously I think it was during the co-CEO phase, which can be tricky because co-CEO, meaning we have both the CEO and I would say, Wow, I just know the correction of that. If it actually did happen to correction right now is that I only influenced my son right now with a one on one every week. I do not do anything outside of behind my son’s back and try to go. I think that’s the Sego type of situation whereby a lot of the patriarch owners, you know, even though they transition to second generation, do feel that they’re still the owner and they still want to do certain things and so they can go in and they felt they have the right to now, you know, because I’m still the owner, former CEO or something, and that is problematic. And right now, that means that my son is not in agreement with me. Then nothing happens. So my only influence is through my son. And that, I think, is very, very crucial for all. Actually, older generation needs to realize the problem. From my observation regarding generational transition or even not necessary general, I just transition. It’s usually it’s the older generation or the older regime refusing to let go. I think that is the root problem and that goes back to rootedness again at the being right. So if you want to let go, then you let go and you really can focus on helping the second generation to succeed. Like I said in the beginning, I hope that my talk is not a encouragement to copy what I do, but a stimulation thought. That means for the older generation to ask the son and daughter to just copy what they have done, which is what they do. And you know, your father and mother and you know, we’re so successful. So here are the 10 rules you cannot change because these are the doctrine that have helped the company to become so successful. So you need to continue that for the rest of your life. And that, to me, is so sad because that is just a straitjacket towards the second generation. And that is actually, to me, a definite formula for failure when any parents say things like that to their children.

William Norvell: Well, I think that’s profound. And anything Rusty I might swing it to you is what you’ve seen in your career. I mean, I think you see entrepreneurs that finally give up product and they still want to come in and own it or they finally give up. I mean, how have you seen that play out? I mean, just like I think that’s such a profound lesson, like the one on one that’s so good.

Daniel Fong: There’s a rootedness that do that, too. It’s a rootedness about the legacy. You notice this thing going right now that a lot of pastors don’t finish well, right? So that one, there’s a solution. There’s so many books out there is that because they’re not focusing on their legacy. I think that is problematic for me. The only legacy that I care about is Jesus Christ. I don’t care about my legacy because I’m like dust. I’m already so privileged and blessed that I can even live like this and know that the whole notion about legacy is problematic. So that’s why the only reason one way and let go is that you don’t care about your legacy and you care about the legacy of Jesus Christ, which is how you glorify him. Then you see that helping the second generation to succeed gloriously is the right move. And that’s I think I keep going back to rootedness is that we have to understand as Christian, what are we supposed to do? I keep saying that is not a sugarcoating of Christianity. Oh, I do Bible studies. I have small groups and all of this. It’s really about our whole being needs to be radically transformed. Rusty Sorry.

Rusty Rueff: No, no worries. I just wanted to say that, you know, for some of our listeners who aren’t in family owned businesses, this is the same thing that happens with our boards, right? Our boards can also be seagulls, and we, as board members, can be seagulls. And we, as CEOs, our founders can be seagulls. And we, as department heads, can be seagulls, you know? So I think it’s really important that we all take a check in our own spirit, you know, to make sure that we’re not seagulls managing. Yeah.

Daniel Fong: And a big factor of being a seagull is a timing issue. Is that because everybody has different priorities, a different right to be a CEO is that I feel this needs to be done now. This is to happen now. So because I’m eager so as SIG, I want to make it happen. But what I have found out that right now, for example, like my son, it may take a. A few years, but eventually he’ll get around to it and then he will execute it and in a very much more glorious fashion because it’s more together because he is actually, you know, digested it and his being that affects is doing. And so the segue out, like you said, to board whenever you have the eagerness to see certain things happening, but sometimes be patient, work with the CEO, the person that’s really the the chief execute a wait. You know, allow God to come in and and I’ll create the divine appointments and these things will happen. And it’s just really wonderful how I train myself, be willing to not care about my own legacy and just really watch how things develop with my son. I cannot describe the joy of that experience.

William Norvell: Amen Amen. That’s a perfect way to head to our close here, Daniel, where we love to ask. I would imagine there are many parts of God’s word that has shaped you into being able to have that perspective. And I would ask you if you wouldn’t mind sharing with us in our audience. Where does God have you in his word today? And where is the scripture coming alive to you in this season of your life?

Daniel Fong: Well, I just finished my master’s in theology degree at Fuller Seminary after five years, so I’m this better.

William Norvell: Be good, then

Daniel Fong: I’m really happy about that. So there’s two things that I felt very strongly, particularly after my last class on numerology, which is the Holy Spirit, which is a subject that is not really being talked about much in the western Christian world. So right now, I think I started a nonprofit called Uncommon Voices Collective. It is to deal with the polarization that’s happening, particularly in the United States, but I think it’s happening all over the world. I mean, we can have another podcast to talk about why this is happening and part of it’s also economics, because that’s how you news organization money now. So I felt very strongly, particularly also in the Christian world at American Christianity, sort of what I’ve been talking about. It’s counter, you know, theological, you know, based on the American Christianity. So I want to be able to have some voice and just be able to expose other Christian to some different type of thinking that I’ve been. I thought I was just weird for the past 30 years, and since I like all my business, I can do whatever I want, but I think I have some good resonance with with talking with a lot of people. For the past, I would say, particularly three years. So that’s one thing. So we were a print media. We have a lot of YouTube content and podcasting already. But eventually, we’re a magazine to print maybe some books and something, which is my second project that I felt that the strange theology I would say that I have, I start writing down all the different subject matters, like being before doing and Norvell lay off and all that stuff, which is actually not theological and just philosophical. It’s actually being applied in a business and a big business. We didn’t have time to talk about Alabaster, which is a startup, but it’s doing so well, which is also a different way of investing in different way of doing startup. So, so all of these, I thought that I felt very strongly that there is a voice that I need to expose that a little bit more in terms of book. So those are my two projects that I’m working on right now.

Henry Kaestner: Now, is there something that you are hearing from during your investing, from working with your son or just in your daily Bible time that you feel that there’s a verse or just something that just in God’s word, that you just kind of just hanging on to that you feel like he’s speaking to you specifically about?

Daniel Fong: No, I do not worry about tomorrow. It’s really, really powerful to me, and it’s a constant reminder. I think it’s note that relates exactly to the being in doing because if you notice everyone and most people, including a lot of Christian, particularly Christian, I would say that is very missionary oriented. They think they want to do a lot of things for God to grow. I mean, there’s a lot of doing it as a Christian, and I think we really need to remember God saying, you know, just work on every day, you know, you know, which I subscribe to and you talk about in the beginning, you talk about death. I have a really interesting story about dying that you know that it’s part of of that theology is that if dying is the worst thing that we can face and we should as Christian, that should not be a problem. But if you notice the behavior of most Christian is like dying is a big problem and avoidance of dying is actually, you know, it’s a big issue. But do you see that to me is there’s a being issue, right? If you say you’re Christian and you do your same all these Bible study stuff. Why are you so anxious about doing all these things? And also another, I would say, two chapters, which is Revelation Chapter 21 and 22. And I think most people really need to continuously read that every day, along with Matthew six. Thirty five. Is that the description of the new heaven, a new Earth? It’s not the tendon on any one of us do. Anything is not does not, depending on us saving another soul. And how do reading an error memorizing another Bible verse that has nothing to do with it as God has already done it? But the grace and the blessing is that we get to participate it through the invitation of Christ that we can participate. But this is not about us making it happen, right? We need to prepare this so that Chapter 21 22 will happen. There’s nothing to do with it. So I think all of this has to do with our doing. It’s really we need to put our doing in the right context, and that’s why I focus on my being. Because when I’m reading the verses Galatians 20, I have been crucified with Christ and I no longer live, but Christ blessed me. So that’s the being way Christ lives in me. My doing. Is that Dennis? Read what they call about the work of the Holy Spirit and the fruit of the Holy Spirit, which is Galatians 5:22, right? So it’s not my fruit. No holy all Christians that how I can bear fruit. No, we don’t bear the fruit. We witness the conduit. We’re just the branch of vine, right? So. So all of these, if we put it all together, would orient our being at a proper pace and then our doing would be so joyful, so peaceful, so, so loving. And all that because it’s not how we’re doing, it’s actually the Holy Spirit through Jesus Christ as actually doing that. And I’m just saying that I actually can document now through my life, through the businesses that actually this can happen. And it’s really, really joyful and amazing. I really want to share that with everyone that it is possible. And it’s not just theological that it is possible to live a life full of Sabbath, which is not a event which is not one day out of the week. It’s actually a mindset is an attitude that we have peace continuously and be with Christ 24 seven. Isn’t that? Doesn’t that sound very good?

William Norvell: Yes, it’s awesome. It does.

Henry Kaestner: That’s an encouraging note to end on. I wish we didn’t have to stop, and maybe this is a harbinger of things to come than talking about, and I’m packing a lot more of this. It’s infrequent that we have an entrepreneur and investor. This happens to be graduating with their master’s in theology. So this is great. You blessed us. And Daniel, we’re grateful for you.

Daniel Fong: Thank you for this opportunity.

When Iron Sharpens Iron: How Great Leaders Grow

— by Dan Owolabi

“I have no one. I do this by myself.”

A few years ago, I traveled across the world to ask one person one question. I had taken the long drive, and even longer plane ride, to sit in Abonzo Coffee. Abonzo was a sprawling, chic coffee shop with an incredible view of the foggy Doi Chiang mountains outside of Chiang Rai, Thailand. I was there to meet Pat, a young, ambitious, faith-driven entrepreneur. I had heard about him a few months before and was eager to hear his story. Born just a few miles from where we were sitting, Pat’s story was nothing less than impressive. He showed me the impoverished village where he grew up. He shared how he found his way to college then to seminary to be a pastor, only to quit to start a business brewing and exporting coffee.

He laughed about the negative reaction of his seminary professors when he quit and about his initial lack of business experience. But despite objections from mentors and initial challenges, Pat persisted in his belief that entrepreneurship could be an incredible way to expand God’s Kingdom in his community. The way he treated his customers, employees, and suppliers mattered. Providing employment and introducing people to Jesus through natural, healthy relationships mattered.

Since then, Pat had invested nearly a decade of his life to build Abonzo coffee shop and a thriving business around it. When he started, he never would have guessed that God would lead him to export coffee all over the world, do millions of dollars in business, become the #1 tourist destination in his region, or employ more people than anyone else in his community. He was thrilled at how God had worked through him.

After he shared his story, I thanked him. Then I raised the question I had traveled across the world to ask. I said, “Pat, you have invested so much into your community… But who invests in you? Who sharpens you?”

He looked at me for a long moment, then his eyes lowered in sadness. “I have no one. I do this by myself.”

In my work with Branches Worldwide, I have met incredible faith-driven entrepreneurs all over the globe. Each of them has a story of a strong call from God, overcoming odds, and building a business that is a significant blessing in his/her community. But when I ask, “Who sharpens you? Where are your peers and mentors? Who invests in you?” I repeatedly hear the same answer: “No one. I do this by myself.”

We Are Better Together

It’s self-evident that leaders can accomplish more together. Like hot campfire coals, we burn hotter when we stay close to each other. But why do so many of us end up leading alone? Jesus is our ultimate example of leadership, and he strategically steered away from the temptation to lead alone. In fact, he spent extra time cultivating close relationships with Peter, James, and John in order to bring them into his inner circle. And as he approached his most difficult day on earth, Jesus pulled these three disciples closer in the Garden of Gethsemane. Jesus did not attempt to lead in isolation. Matthew 26 documents Jesus saying, “My soul is overwhelmed with sorrow to the point of death. Stay here and keep watch with me.” Jesus essentially said, “Stay close to me. I don’t want to do this alone.” He understood the dangers of isolation, and He leaned on his inner circle during critical, vulnerable moments in His ministry.

I have come to see isolation as a powerful temptation that cripples even the best leaders. But isolation is inherently different from loneliness. You and I may have loving family and friends that help us feel socially connected. But the absence of peers who understand our unique challenges in leadership or mentors who can empathize, leaves us vulnerable to fatal leadership mistakes. When you and I are isolated, we make poorer decisions, experience more stress, and develop an increasingly inaccurate view of the world.

Even in light of the apparent pitfalls, isolation remains a significant temptation. This is primarily because isolation allows leaders to maintain an illusion of control. We can easily avoid uncomfortable conversations when employees rarely give unvarnished feedback on our leadership or when our boards are disengaged in our day-to-day performance. So, when we make decisions, set goals, and create systems apart from a community of high-capacity peers, we can easily avoid accountability, sidestep taking responsibility for poor choices, and stop challenging ourselves to be better. In isolation, we can control the narrative. We don’t have to be honest about facts, and we can evaluate ourselves based on our intentions, rather than our actual impact on others.

But most leaders don’t intend to avoid the companionship of other leaders. In fact, they may desire honest feedback from others. They may long for the freedom to speak without a filter, to share new, unprocessed thoughts, and to unload the burdens of leadership on one or two trusted peers. However, the fear of vulnerability, overcrowded schedules, or the inability to identify other high-capacity peers nearby leads them to drift into isolation. And the deeper they drift, the more ineffective they become.

Great Problems and Good Friends

God rarely calls leaders to accomplish His work in isolation.

The most significant challenges of any generation have always demanded the collective wisdom of committed, courageous, and creative followers of Jesus. We are better together.

In addition, God created leaders to posit solutions and solve problems. By design, the best of us yearns for significant challenges to tackle. My Thai friend, Pat, was troubled by the poverty plaguing his community. In response, he quit seminary and decided to start a faith-driven business—an ingenious solution that has given him a platform to communicate his faith and an economic engine to alleviate poverty. Pat believes what many believe… that at the foundation of our faith is the idea that Christ is working through us to redeem the world.

Our faith animates our work, compelling us to ask God to apply our best efforts to the world’s worst issues.

We long to immerse ourselves in the most perplexing challenges of our day—the greatest problems of our generation—because we know the work itself will serve so many and bring out our best in the process.

But I believe God has reserved the most significant blessings for individuals that tackle great problems with good friends. The camaraderie, intensity, and satisfaction that come from these relationships can be found nowhere else. The creative energy and uniquely potent solutions benefit everyone involved in an endeavor. Proverbs 27:17 reminds us that, “Iron sharpens iron, so one man sharpens another.” Great leaders grow when they have sharpened each other for the work God has called them to. When iron sharpens iron, sparks fly, and the world is richly blessed.

Branches Worldwide is advancing a solution rooted in God’s design for how great leaders grow. We believe the faith-driven leaders of this next generation will solve bigger problems, do better work, and bring more honor to Christ… only when they are supported and sharpened in relationships with other high caliber, faith-driven leaders. That’s why we inaugurated an initiative to build a community of 30 individuals from 30 countries and invest in them for 30 years.

The 30 Leaders

Our 30.30.30 initiative started with the desire to serve the leaders who were serving their neighbors. We looked for people dedicated to solving pressing economic and spiritual challenges in their communities. We were careful to identify and invite men and women who loved Jesus and were already engaged in extraordinary work in the Kingdom.

Early in the process, we decided to focus on experienced leaders within the business community. Entrepreneurs have immense potential to impact a community. As natural change agents with hundreds of connections, these leaders are often closest to the heartbeat of the community. They know what’s working, what’s broken, and how to fix it.

Finally, we focused on Millennials. We looked for young leaders between the ages of 25-40, not only because we wanted natural affinity between leaders, but we also wanted men and women with three decades of leadership potential ahead of them.

When Iron Sharpens Iron, Sparks Fly

Leaders are sharpened by each other. But as it is with traditional metalworking, skill, intentionality, and patience are required to bring the best results. As sharpening is much more than two knives rapidly, haphazardly clanging together, genuine leadership development is more than short-term, unfocused training.

Often leadership training is a short-term endeavor, dedicated to adding new competencies to an individual. A leader could be trained in more effective ways to develop employees, for example, or on new methods for delegating more effectively. When we launched Branches Worldwide, we believed that faith-driven leaders would be best sharpened and developed by long-term relationships that contained three strategic elements: Support, Information, and Challenge. These three elements not only compel leaders to develop new competencies, but they also change a leader’s mindset and mental model. As Branches identifies and invests in leaders around the world, we are building a community rooted in Christ, focused on providing support, information, and challenge. Let’s explore each element, one by one.

Challenge:

When we invite leaders to join Branches Worldwide, we ask them to identify significant challenges they want to solve within three years. We ask each leader to pray about ambitious three-year goals that are God honoring, community serving, and personally challenging.

These goals are critical to our relationship with the leader, because pursuit of those goals inevitably places them in situations where they cannot make decisions with their current patterns of thinking. Once they face new and significant challenges, their minds are open to better and improved ways to lead. The challenge initiates the need for the remaining two elements.

Information:

Access to information about how to navigate new leadership challenges is critical to the development of the leader. Sometimes people are motivated to tackle a challenge, but they simply need more information. They need the exact words to say, steps to take, or book to read. Branches leaders have access to resources that can give them that information.

When an entrepreneur joins Branches, they join a community of faith-driven leaders from 30 countries around the world. These varied perspectives, experiences, and backgrounds provide the primary source of information. They are also exposed to books, videos, and workshops which invite them to alter their existing mindsets and apply new methods to existing challenges. Finally, they are invited to share their knowledge and experience with other Branches leaders in order to codify their own areas of expertise.

Support:

When leaders feel appreciated and valued beyond their ability to produce results, a fertile ground for creative ingenuity is fostered. For this reason, Branches Worldwide makes a unique promise to each leader. We will walk with them for 30 years. Practically speaking, that means Branches is committed to supporting them for the duration of their career. As long as they are committed to building a faith-driven business to bless their communities, we are committed to them. Each leader is paired with a mentor who is dedicated to his/her success.

The sense of support this gives to entrepreneurs is immeasurable. They are free to try to tackle challenges, to fail, to learn, and to try again. The network of high-capacity peers, mentors, and consultants around the world serves the function described in Proverbs 11:14: “Where there is no guidance, a people falls, but in an abundance of counselors there is safety.” These leaders regularly tap into a community that is there to support them with suggestions, prayer, and perspective. The result of this kind of support are leaders who readily integrate new practices and develop a larger, more advanced worldview.

Ultimately, Branches Worldwide is dedicated to seeing communities transformed by the influence of faith-driven entrepreneurs. We believe relationships rooted in Christ and focused on providing challenge, support, and information are essential to sharpening high-capacity leaders. We anticipate that our long-term, goal-oriented, relationship-driven approach will help Branches leaders develop the wisdom to choose the right strategies as well as the correct skills to implement them.

What’s Next:

When we started Branches Worldwide, we had three primary challenges: finding leaders, facilitating community, and funding our work. Since that first plane trip to visit Pat in Thailand, we have solved many of those early problems. As Covid-19 gave the world the gift of Zoom, our leaders have been able to develop the initial roots of relationships through virtual prayer meetings. We have learned how to find the right leaders and invite them to join our community. And we’re thrilled by the robust community of donors and business partnerships who help fund our work. But we know our work is not done.

Leaders need the loving perspective and face-to-face sharpening that close accountability provides.

As we look forward to the day when travel is easier and Covid-19 is behind us, we are planning opportunities for mentors and leaders to meet in person. We know 30 years is a long time, and we’re building our community of leaders to be sharp and ready for the challenges God asks us to tackle together.

Since that day with Pat in Chiang Rai, I have prayed for a day when our 30 Branches leaders are asked, “Who sharpens you?”

And the answer will be, “I have Branches Worldwide. I do not do this by myself.”

——

Article originally hosted and shared with permission by The Christian Economic Forum, a global network of leaders who join together to collaborate and introduce strategic ideas for the spread of God’s economic principles and the goodness of Jesus Christ. This article was from a collection of White Papers compiled for attendees of the CEF’s Global Event.

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Episode 196 – Having A Clear Eye View with Jaylon Smith

Star NFL Linebacker Jaylon Smith is a force on the football field. But there’s far more to him than just sporting prowess. Jaylon’s entrepreneurial spirit drove him to start the Minority Entrepreneurship Institute–which has awarded $1.2 million to 13 minority-owned companies since inception–and his own eyewear company – CEV Collection.


All opinions expressed on this podcast, including the team and guests, are solely their opinions. Host and guests may maintain positions in the companies and securities discussed. This podcast is for informational purposes only and should not be relied upon as specific advice for any individual or organization.


Episode Transcript


Transcription is done by an AI software. While technology is an incredible tool to automate this process, there will be misspellings and typos that might accompany it. Please keep that in mind as you work through it.

William Norvell: Can you walk us through that moment? We don’t have many people on the show that have gotten a call from specifically, as you mentioned, the greatest franchise in one of the most well known owners, if not the most well known owner in the game as well. What was that moment like when Jerry called? I mean, did a face of him pop up on the caller ID and you were like, Oh my gosh, that’s him.

Jaylon Smith: Well, I was actually Dr. Jerry yesterday, by the way, but I just walked in to my draft party and I was selected maybe like seven minutes after I walked in because I was the third pick in the draft on the second day. So it was like boom, boom. But when draft started, I sat down by my brother, Rod Smith, who was actually playing for the Cowboys at the time. As soon as I sat down, maybe a minute later I got a call and it’s two one four two one four. No, that’s the Dallas number. Mind you, I had surgery by the Cowboys physician four months prior, so they had a little more inside information on my healing process and the sting operation and things of that nature. But to see that it was a two or four, no understanding, it was me and my brothers dad’s favorite team, you know, America’s team, the Cowboys. And then the fact that he was on the team, it was like, Wow, I’m going to get a chance to play with my brother.

William Norvell: Welcome back to the Faith Driven Investor. We are so excited that you took the time to join us today to take the time out of your day to listen to what God’s people are doing through investing throughout the world. And we are just so excited about our guest today. We’re so excited about the conversation that we get to have. And we’re pleased that you joined us. Grateful that you’re here. Always grateful for our audience coming in. And today we get the incredible, incredible, exciting opportunity to welcome in Jalen Smith from the Dallas Cowboys. How are you, Jalen?

Jaylon Smith: Man, I am blessed, definitely blessed and highly favored. I’m thankful to be able to speak with you today, this wonderful man.

William Norvell: Well, we’re grateful for you and we’re grateful for what you do, and we’re going to get into that a little bit. And as our audience knows, one of the first places we would love to start this program is shocking for our audience. I went to Alabama, so the fact that I’m not going to start with a football conversation is a big thing. But I’m going to save our audience that right now. Jalen was was a star at Notre Dame in a first round draft pick, and we’re going to get into that, I’m sure, in a story. But we would love to start there. Jalen, tell us a little bit. Who are you? Where did you come from? How did you end up, where you are today and how is God walking alongside you?

Jaylon Smith: Yeah. Jalen Smith, linebacker for the Dallas Cowboys Amen There was brother from the Hoosier State, born and raised in Fort Wayne, Indiana. My whole dad’s side of my family’s from Uniontown, Alabama. So he’s Alabama fan. So definitely some connections there. But I believe blue and gold, I’m going down Delmar. It just an incredible experience being from a basketball state. But and we played some football as well there and especially up there in South Bend, Indiana. There’s just been a wonderful journey answering my six year in the National Football League. I’ve dealt with adversity, I’ve dealt with adversity and I’ve been able to to have a clearer view. I’ve been able to have a focus, this determined belief in our own dreams. That’s really what’s helped me get to where I am today and all the battles that I’ve kind of endured and persevered through all by the grace of God and then putting in work. So I’m just like I said, I’m happy to be here today to speak with you all and just to have a conversation, man, it’s this is dope.

William Norvell: Cos it’s fun and tell us a little bit. So obviously you’ve got the athletics, so we’re going to jump into that. You know, where did faith and work come into your world? Where did God kind of push you down in your professional journey that, you know, obviously we’re going to get into what you’re doing on the side of being a professional football player, which takes a lot of time. Where did those intersections happen in your life to where you started seeing that there could be, you know, good holy work in the marketplace?

Jaylon Smith: I’ve always wanted to be an entrepreneur, probably since I was about 11 years old and I fell in love with the business aspect and not having a lot of knowledge of it, but just understanding that that’s a way that I could be able to shed light into smiles on people’s faces. Through that education, it’s all about freedom. Financial literacy. The financial freedom and develops the mentors along the way. My first mentor, Michael Ledo, became my mentor since I was 13 years old. Now he’s my business manager, operating out of a family office that he owns called Sports Advisors, which helps athletes become entrepreneurs and run themselves like entities providing governance, expert partners, et cetera, et cetera for me. My cousin, Eugene Parker Rest in Peace was arguably the greatest NFL agent of all time. He represented D.R. Sanders. He represented in the Smith, Larry Fitzgerald, Curtis Martin, Ray Lewis, where I was in a bunch of guys Hall of Fame players, and he kind of taught me how to understand the value of cost and just through platforms being able to gain access to quality relationships, quality deal flow through going through an amazing high school sports high school where we won four state championships, by the way, and then Wow. Four, four four. Yeah, and then headed to Notre Dame to be a part of the Global Institute, you know, in then the transition to play for the Dallas Cowboys, America’s team, which is the most valued franchise in all of sports, any sport. So all of these things I’ve learned from those of the most high. I’m a sponge and I saw everything in and it’s all about minimizing the mistakes and growing there. So it’s a everyday process for me. Like I said, I’ve always want to be an entrepreneur, and God has blessed me with the gift to be able to play the game. I love that I’ve been playing since I was seven years old. So it’s a wonderful thing that.

William Norvell: That is and I’m curious, was there something specific that triggered, you know, wanting to be an entrepreneur at such a young age? I don’t I don’t think that’s super common. You know, you mentioned, you know, just really 10, 11 years old, you know, did you start a business? Did somebody shed light on that journey? Is there something specific or was it just kind of in you? And you just felt that from the Lord?

Jaylon Smith: Yeah, something that was just in me, honestly and develop through time. My mom always preached to me on being observant, always seeing through a different lens and then through work with my mentors, just learning how to think or standing that it’s OK to think. The concept, the value of that is so critical and crucial to our growth as humans. You know, I’m just blessed to know that I’m on the right path. No, I’m just constantly seeking peace.

William Norvell: Absolutely. Absolutely. And so I want to transition a little bit and hear how, you know, a setback really could have shaped, you know, your life a little bit in your senior year in college. I feel like I was watching this game. I just remember this. You know, you were projected top five draft pick. You know, everything in the world was going incredibly well. And then you had a season ending injury, which I remember, right? It wasn’t even season ending. I mean, this was, you know, probably going to hold you out of your first year of the NFL as well. Yes, it was a devastating injury. How did that change you? How did that change your view of life? Could you walk us through that season of life,

Jaylon Smith: really just understanding that, you know, injury is a threat, you know, when you’re playing last gladiator sport that I play in football is something that I was definitely aware of, but I didn’t think that I would get hurt in my final collegiate game Fiesta Bowl as a bowl game, Notre Dame versus Ohio State had no intentions of understanding that that would be when I would get hurt, but it was a career threatening injury. ACL LCL. But the severity of it was I had a rodeo nerve damage, which gave me drop foot so I couldn’t lift my foot up for about a year while still I stepped out on faith. I still entered the NFL draft. I was going to be a top three pick. And, you know, because of the injury, I got worried that I would fall out of the first round and probably be drafted the next day. I didn’t know when or where I was going to be drafted, but I just needed one team to take a chance on me and I would make sure that they got their return on their investment. And that’s what the Cowboys did. The Cowboys took a chance on me and I’m just happy to continue to be delivering in their moment. It was all about my career. I knew it was all about my clear view, which is my core values. It’s how I live my life, how I walk through life and is broken down into three pillars focused vision and determined belief in our own dreams. And my focus vision is just about having a laser beam focus, really being able to see clearly what you want to accomplish where you’re trying to go. What’s the next step being in the present? The determined belief is the second pillar, and that’s about a belief. Obviously, it’s about a belief in God that he has you back, a belief in yourself, a belief in others, you know, understanding that there are people out there who do believe in you and who are writing for you. And then finally, that third pillar is about our own dreams. It’s about sweat equity. It’s about how bad do you want it? It’s about, you know, what work are you willing to put in, you know, to accomplish that. So I think everyone should have a clear view in all aspects of life. Whether you’re a firefighter, whether you’re a stay at home mom, whether you’re a janitor doesn’t matter the profession. Everyone should have a clear view that’ll help you persevere. It’ll help grounds you, for sure. So that’s how I live my life. That’s really what’s helped me by the grace of God. I’m just thankful that.

William Norvell: Amen, yeah, it had to be an amazing time. I remember watching the draft to I love the draft and I remember, you know, when they said you were going to go early second round and just, you know, it was a big story. There’s a big story that they took a chance on you there and you have earned their return, made a Pro Bowl. I mean, I’m curious, though, can you walk us through that moment? We don’t have many people in the show that have gotten a call from specifically, as you mentioned, the greatest franchise in one of the most well-known owners, if not the most well known owner in the game as well. What was that moment like when Jerry called? I mean, the face of him pop up on the caller ID? And you were like, Oh my gosh, that’s him.

Jaylon Smith: Well, I was actually Dr. Jerry yesterday, by the way, but I just walked in to my draft party and I was selected maybe like seven minutes after I walked in because I was the third pick in the draft on the second day. Right. So it was like boom, boom. But when draft started, I sat down by my brother, Rod Smith, who was actually playing for the Cowboys at the time. As soon as I sat down, maybe a minute later I got a call and it was two one four two one four. No, that’s in Dallas. No. Mind you, I had surgery by the Cowboys physician four months prior, so they had a little more inside information on my healing process and the operation and things of that nature. But to see that it was a two or four and no understanding them, it was me and my brothers dad’s favorite team, you know, America’s team, the Cowboys. And then the fact that he was on the team, it was like, Wow, I’m going to get a chance to play with my brother, you know? So that was just the first thing that was going through my mind. The answer the phone is Jerry Jones, and it’s like everybody who is Jerry Jones, but you know, you get a chance to really talk to him. It’s like, OK, it’s extra confirmations.

William Norvell: Wow, that’s amazing. That’s like dreams coming true on top of dreams coming true not only to the NFL, but with your brother to the cowboys. What an amazing story that God was weaving there. And, you know, especially through crisis. And you know, unfortunately, I found in my life that God speaks the loudest during crisis sometimes and during struggles. Is there one or two things maybe as you reflect back on that season that you could share with our audience that maybe God was teaching? You might have been in your points earlier, so apologies if I’m asking you to repeat things. But I just wonder if there’s a couple of things that God taught you during that time that you might want to share.

Jaylon Smith: God saw me say he taught me resilience. He taught me patience, the most patience, he taught me awareness. He taught me presents how to be present because I had no choice. And I had to face I. There was this. That was the first time the first love of my life football was taken away from me. Honestly, I have never been hurt. You know, I’ve been playing since I was seven years old. That’s when I made the decision that I was going to play in the National Football League, so. I’ve been laser beam focused on this drink, so really I learned a lot and I’m still learning and said his day because constantly healing constantly work in this world, there’s so many things that has happened in this world that past year, year and a half that you just got to make sure your your faith is right. You got to make sure your belief capacity is right. Like I said, what helps me is my clarity.

William Norvell: Amen. Amen. Well, I’m going to move over to investing a little bit. You know, I would love to hear just, you know, investing is sort of taking the world by storm. I feel like it’s happening in a lot of different spheres. I feel like every day, you know, even this morning, I saw, you know, Kevin Durant invested in this and Tom Brady invested in a crypto exchange with Giselle. I’m curious in investing in the NFL. I mean, you can give us some insight here. Is this something people are talking about a lot or is it still a niche industry? Tell us more.

Jaylon Smith: It’s definitely a niche industry, but the conversation is being brought up more. A lot of players are understanding that our careers are short and there’s life after football and there’s power and having more than one revenue stream of income. It’s OK to be more than an employee when it requires work and requires education. It requires trust in a team because you can’t do it alone. We don’t have the time to do it all on our own, you know, due to our main thing, which is employees, you know, playing our profession. But there’s so much room for growth out here that I think it’s just a matter of time before, you know, everybody’s on board with it. So we’re learning. We’re learning. Access matters in equity matters. Equity creates freedom. So I’m happy with where we’re headed. We just got to keep growing and got to keep digging.

William Norvell: Absolutely. And I want to switch now to the Minority Entrepreneurs Institute. I know we get connected through a good friend, Jay Hein at Sagamore. Well, I know he’s been working with you a little bit on this. Could you tell us a little bit? Tell our audience, where did the idea for Minority Entrepreneurs Institute come from? How did it get started?

Jaylon Smith: Really, like I said, becoming an entrepreneur and having this access to all quality deal flow, doing a lot of alternative investing, getting us some deals as an LP, as a GP, getting some returns, getting dividend payouts as I’m experiencing all of this. Now I was just thinking to myself, You know, how can I provide this access or this create a marketplace for people who look like me that don’t have the Notre Dame background or connection or the Dallas cowboy affiliation and connection? A platform, a huge platform that I have. There’s so many people that look like me that that have great and tremendous ideas that can add value to our world, that they don’t have the access to financial funding, to mentorship to help with putting together their infrastructure or strategic execution plan. You know, I was just thinking about how can I help provide that I can to help fix this scandal? There’s a educational and a wealth gap that exists in this world today, and that’s why I created the minority entrepreneurship necessary to help close the economic and educational gap.

William Norvell: Wow, that’s amazing. That’s amazing. And can you tell us a little bit more? What are the initiatives? You know, what is the program like? And just take us down a layer deeper?

Jaylon Smith: Yes. So there’s two parts. We have educational summits and we have venture pitches, venture pitches, this business targeting type of vibe and really investing in the black and brown, the Latin X community. We’re opening up marketplaces each year. We’ve opened up Indiana. We’ve opened up Texas. And this year we’ll be opening up to Florida marketplace, having our third annual venture pitch July 9th this year in Tampa, Florida. It’s going to be an amazing event where last year we raised a total of $600000 invested in the five companies five vegetable companies. The Jaehyun has been amazing in helping me with the structure of we are helping me with doing the due diligence with him and his amazing group, Saginaw Institute. You know, so far, our goal is to find vegetable companies that impact investors can believe and invest. So it’s a marketplace. We’re growing myself. I’ve committed two and a half million dollars over the next 10 years towards this. So I’m I’m acting as a lead investor. I’m a believer and we’re getting some great traction. So definitely anybody that wants to be involved to hear more, please reach out. Like I said, we’re just trying to help close the economic and educational gap that exists in this world. So it is really a blessing.

William Norvell: And we’ll link to everything here. So, you know, if you want to find more information, you know, that should be easy to find and always let us know if you can’t and you want to learn more. Dig it in. So we’ve had a few guests, you know, coming at this from different angles. I’d love your view. What are the needs of minority entrepreneurs? You know that you’re hoping to be able to give access to, you know, how are they different at some level or are they not? And they just need more notoriety? Just walk us through some of the people you’ve met and how you’re trying to structure the program and what exactly you’re trying to provide that maybe the world’s not given right now.

Jaylon Smith: It’s all creativity, these companies and people that we’re investing in. They have vegetable companies. They’ve either started or they’re beginning to start in and they have an amazing plan, a team behind them, a vision on where they want to go. And you just need some assistance. We all need help in some form or shape. There’s just been a huge lack in the black and brown communities. I’m just trying to fill that void that scan. These are people with great ideas, great companies that are fixing to be successful. They just need help. So there’s no real format other than that. There’s all different companies that we invest in all creativity. There’s no real shop. It just has to be what you don’t want to. Your goals has to be able to really make an impact. So my team does a great job at helping really do due diligence on each deal and each company. So it’s definitely a team effort for sure.

William Norvell: That’s amazing and it’s amazing. And so, you know, as we come to a closed jail and unfortunately, we have to come to a close with love, always. Our closing question is we’d love to hear, you know, kind of where you are right now in your life and what God might be teaching you. You know, is there anything specific that just sort of in this season that you’re walking through?

Jaylon Smith: Yes, God has been teaching the truth through for me. It’s. Important for me to operate off the truth when I’m truthful in every aspect, it brings peace to my life and that’s really what I’ve been focused on, especially these first two quarters, is just peace, a peace of mind, a wholeness as a human being and just doing things the right way and being myself really exploring and tapping into my creativity and just being someone’s who’s doing right. So that’s that’s really where I’m at. I’m thankful God is using me and I love Amen.

William Norvell: Thank you so much for joining us. It’s been a gift. We do encourage everyone to check out Imii and what’s going on. Like I said, we’ll have links there, but just please check out Jalen and his team are doing.

Jaylon Smith: Yes, you want to get involved.

William Norvell: Get involved. Don’t stop. Push forward and make that call and get involved in what the great work they’re doing.

Jaylon Smith: Thank you so much. I appreciate you. So.

Shifting from Institution to Movement

— by Tom McGehee

There is a popular idea in today’s world that organizations, specifically nonprofits and ministries, need to shift from being an institution to becoming a movement. It sounds great. It conjures up images of greater impact, rapid growth, and increased ownership and innovation. This idea is fostered by increasingly connected virtual interaction options and is supported by various networks that are arising.

However, as great as this sounds, very few organizations have been able to actually make this change. We believe this is because they fail to recognize the totality in this type of shift—that this is not about adding a new product or service or about re-organizing or re-branding. This shift requires a fundamental change in the essence of an organization. It is about whole scale cultural change—change that is both internal, how the organization behaves, and external, how the organization is perceived and the value it creates.

As the new Co-Executive Directors of the Halftime Institute, Jim Stollberg and I are in the process of making this type of change to a well-known, successful, twenty-five-year-old global ministry. The purpose for this change is that at its essence, Halftime is a movement.

Halftime began when Bob Buford wrote his book by the same name. The book alone has sold more than one million copies worldwide, has been translated into several languages, and—being commonly passed along among friends and colleagues—has impacted countless individuals all over the world, many of whom never participated in a Halftime program or ever crossed paths with us. Bob Buford even said one time to one of our global partners, “I started out to writing a book about my own personal experience hoping it could help others. But then, like ‘good Americans’ we wanted to make an organization out of it.” Alas, over the years, this is just what we did.

Our desire is to build upon the organizational strengths we possess in order to re-create an even greater global movement. In this paper, I want to highlight four key concepts that are helping us make this change a reality.

4 Key Concepts for Movement Shift

1. Work inside out, not outside in.

When organizations seek to improve, they often start at the edges. They develop new products or services, expand capabilities by replicating existing models, shut down underperforming offerings, etc. In a shift as profound as the one we are discussing, you must start at the center. You must be willing to question not just how you do things but what you do and why you do it.

In his book, Good to Great and the Social Sectors, Jim Collins references a concept he calls “The Hedgehog.” The hedgehog is the essence of who you are and what you do. For social sector organizations like Halftime, the hedgehog is at the intersection of three circles: What you are deeply passionate about, what you can be the best in the world at, and what best drives your resource (or economic) engine.

 © 2021 Jim Collins,  The Hedgehog Concept

© 2021 Jim Collins, The Hedgehog Concept

At Halftime, we are passionate about helping high-capacity leaders find and live out their Ephesians 2:10 calling. We are world-class at helping people live lives that are both successful and significant. We do that by providing programs, coaching, and making connections to come alongside men and women on their journeys through the abundant lives God has called them to live.

However, over the years, we gradually shifted focus on what drives our resource engine to the point that we primarily focused on our signature program—The Fellows Program—as if it were our hedgehog. Growth became about increasing the number of people in the program or replicating the program in various locales around the globe, particularly in the U.S. The more we focused on our programs, the more pragmatic we became. We even changed our name to Halftime Institute and took on a more academic tone. We became known as The University for Your Second Half, a world-class program you attended, paid tuition for, and graduated from at the completion of a process.

Eventually, we thought of ourselves as a “bounded-set” rather than a “centered-set” organization. A bounded-set organization defines itself by its boundaries. A bounded-set organization says, “We operate a certain way with a certain set of people; therefore, other people and other ways of interacting are outside our boundaries.” When a company grows with this type of model, it typically employs a franchise method. It holds ruthlessly to the specific model developed and guards operations and quality to ensure new operations behave exactly like all other operations. Over the years, Halftime attempted to develop a franchise model for growth. But this goes against the key understanding that Halftime is a platform, not a program. Bob Buford was fond of saying that, “Our fruit grows on other people’s trees.” This is movement thinking at its best, and we needed to embrace it not just for our clients but also for ourselves.

In contrast, centered-set thinking focuses on a very clear understanding of who you are at your core (your hedgehog). Holding tightly to this allows unlimited options for operations if you don’t stray from your core identity. When Jim and I assumed leadership of Halftime, we started day one with this mantra: Question everything. That included answering the question: What is the core of Halftime?

2. Question everything.

Questioning everything does not mean you have to change everything. But it does mean that you are willing to investigate things in a manner that allows you to widen your perception beyond your assumptions and to accept ideas and observations from others who have different perspectives. When you allow yourself to look beyond results to evaluate not only how you do what you do (process) but also who does what you do (structure) and, finally, why you do what you do (culture), this can result in big changes. By going through this process at Halftime, we identified necessary shifts, changes, and subtle tweaks in all three areas of process, structure, and culture. Over time, we believe these actions will make all the difference—case in point, our hedgehog.

Halftime is most widely thought of as a program designed to help a person when he or she is facing the end of the “first half” (generally, career) and moving into the “second half.” After all, the subtitle of Bob’s book was “Moving from Success to Significance”—as if this were a one-time or one-step thing.

We recognize that God calls us to different things at different times. We know that, over time, our core (passions, strengths, and experiences), our capacity (time, resources, and spiritual overflow), and our context (what we do and how we do it) all change. God’s call on our lives is dynamic, not static. Over the years, Halftime has supported individuals through these changes. But, to embrace movement thinking, we need to make this value obvious to whom we serve and how we serve them.

When we would ask people, both inside and outside of the Halftime network, what our core was, the answer we most often received was, “to help high-capacity leaders find their Ephesians 2:10 calling.” When we asked how we did that, the answer always included at least two parts:

  • Through programs and coaching.

  • Through connecting those we serve with others to help them along the way.

As we considered this, it became clear that the real value Halftime provided was not just helping a person find his/her calling (today there are many programs that try to do that); rather, we are experts in helping a specific set of individuals both find and live out their callings.

The specific set of individuals we are called to serve is that of a “high-capacity leader.” As with everything, this definition faced rigorous questioning to determine what we really mean by that identifier. To some, Halftime is seen as a ministry focused only on wealthy individuals—specifically, individuals who have also reached a point in their lives where they can “stop working and start serving.”

In truth, more than 65% of those who participate in our programs remain in the workplace. As they gain clarity on their individual callings, many see opportunities to re-purpose their current platforms as the place for greatest impact. However, it is true that the majority of people we serve are very successful professionals. They are typically professionals, entrepreneurs, business owners, senior military officers, or in the “c-suite” of corporations. They acknowledge that God has blessed them with time, talent, and treasure but sense a “smoldering discontent”—that nagging, there’s got to be something more feeling—that drives their desire to do more to honor God with what He has given them.

Reminding ourselves of who we are called to serve, let us consider one of our greatest values—one that we all appreciated, but never officially recognized—which is our global community of like-minded, highly-capable Christian leaders and influencers that supports any person who joins us through a program, so that they don’t have to go it alone. Further, this community lasts far beyond the conclusion of a program. We have great content, models, and processes to help individuals get clear on their callings. But, even more, we have a network that is ready and willing to help them get free from their constraints and get going into a life of significant success. Leaders around the globe stand ready and willing to prayerfully support them in exploring their passions, testing ways to live out their callings, and walking alongside them on a journey of significance for many years to come.

Now, this may seem like merely semantics, but it, in fact, was some very heavy lifting. The result is a larger vision (a movement-oriented vision) that is expressed in how we now define our core:

To help high-capacity leaders find and live out their Ephesians 2:10 callings.

With that clarity, we could move to concept three.

3. Form follows function.

 This concept is certainly not new to anyone dealing with organization change. Many would say it’s “where the rubber meets the road.” That’s why, too often, organizations will jump to this before they are ready. This is the tangible stuff—boxes on organizational charts, changes in process flows and policies… the tactics. And it’s easy to see the change and to measure results in this phase, so it’s natural to want to gravitate here. But, unless you put in the time and effort to address the first two concepts thoroughly, you will make changes through the lens of your past organizational constructs, rather than with a movement-oriented perspective. You will be putting “new wine in old wine skins.” (Luke 5:36-39)

We are currently implementing many of these changes, utilizing a concept that we recommend to every individual we serve: low-cost probes. It is the idea of making a short-term commitment to an effort to try it and see if it is truly what God is leading you to do before you jump all the way in. As we address changes at Halftime, we are using the same approach. Let me highlight three examples:

1. A process change. This refers to what we offer to our clients and how we source our clients. As we now see our programs not as the goal but as the “on-ramp” to the journey with community, we are implementing multiple programs to reach a broader scope of our target client. Now, in addition to our signature Fellows Program in Dallas, we have added a program that we call Round Tables. These are local or virtual programs that cover much of the same content as the Fellows Program but in a different context. The Fellows Program delivers an exclusive, high-touch experience to a Cohort of individuals from around the world who come together several times a year across the U.S. Now, by offering a Round Table, we can work with individuals and with other organizations to bring value not only to our clients but also to our partners as well—meeting them where they are. By training individuals to become facilitators or coaches within their own circles of influence, or equipping organizations with customized resources, we can bring Halftime into a new culture or context.

2. A structure change. There is a difference between selling someone a program and inviting them to join you on a journey. Movements invite people into a community on a specific mission; institutions sell people their products or services. We know that Halftime, like any movement, grows more through person-to-person interaction than through fancy marketing campaigns. When an alum refers a person to one of our programs, the conversion rate is +70%. So, why do we continue mass email campaigns? Instead, let’s turn the “funnel” on its side. Rather than blasting broad marketing messages to build a big funnel with the idea that it will eventually trickle down to a handful of individuals who are really our clients and are ready to embark on this journey with us, let’s create more conversations with those we have already impacted. These conversations will do two things: create referrals and—even more importantly—allow us to continue to serve our network with excellence.

To do this, we created a new part of the organization focused completely on serving our global network. Today, Halftime has partners in the United States (Dallas, Charlotte, and Nashville), Europe, Africa, China, Singapore, Australia, and Canada. At one time, we called these expressions of Halftime “hubs” or “offices.” We have changed the language to that of partners—each unique yet aligned. Each is successful, but there is great opportunity for more collaboration. The creation of this entity will allow us to work together better to innovate, support, and leverage our global capabilities.

Additionally, this new initiative will focus on providing four core areas of value to our global network:

A connected community. To do so, we are building a database that will allow members to find, contact, and connect with Halftimers all over the world.

  • Collaboration that can be channeled into local cohorts, affinity groups, and learning communities. This will create opportunities for collaboration among members to learn from one another, work together, and create even more impact.

  • Continued equipping. We are developing new programs, workshops, and training to help people through their entire This includes helping them navigate relational topics like alignment with their spouses, integrating their families into their mission, and/or developing a legacy. We can support their continual spiritual development with such things as access to resources around spiritual disciplines and guided or solo silent retreats. We open new avenues for ministry by providing exposure to new and different ministries, non-profits, and supporting organizations.

  • On-going coaching as we expand access to our global coaching network to help individuals with their personal growth.

3. A cultural change. It’s been said that “culture eats strategy for lunch.” Culture is a tricky thing to navigate, as it can be built—but it can’t be forced. One area that is of vital importance in culture change is language. At Halftime, we have moved away from corporate titles. Jim and I are Co-Executive Directors, not Co-CEOs. We refer to each other as “team members” and “partners,” instead of roles and titles. Another area we are addressing is in our brand name. (Remember? You must be able to question everything.) Currently, you can find us on the web at halftimeinstitute.org. You’ll notice that “Institute” is still in our name. Along with that term goes language of program admissions, tuition, and graduation. These descriptors served us for a time, but they certainly are not indicative of movement-type language.

Making these types of change are sure to be difficult for everyone. Team members are unclear of their new roles, clients may be confused about our offerings, and even with a clear, new vision, how to get there will entail trial and error. This brings us to our last concept.

4. Embrace liminality.

Liminality is defined as the space between no longer and not yet.

It is a place of complete uncertainty, at worst, and, at best, partial clarity. It is also a place of immense creativity and opportunity. The word comes from the idea of someone going through a rite of passage—leaving something behind and moving toward something new. You are not fully grounded in either, yet you still have elements of both.

In shifting from an institution to a movement, the space of liminality can be expansive. It may last several months—even years. For example, within the eight-person Halftime team in Dallas, we have removed the organizational constructs so that, for now, everyone reports directly to Jim and me. We want to be a team driven by intention, instead of silos of tasks and targets. The Halftime team consists of a remarkable group, and each gives one hundred percent to serving our clients. Part of the shift to a movement mindset means internalizing the same “best practices” we encourage with our clients—we want each of our team members to find and live out their own callings within our organization. We are giving them the space to explore, reflect, and perform while we reorganize. It’s not simple or clear, but if everyone embraces the liminality we are in, it can be energizing.

This is one of the biggest challenges in an organization actually becoming a movement: Fighting against the desire to put the change in the rearview and get back to results. As a CEO once told me, “I’m not happy with the results I’m getting but at least I know the results I’m getting and that’s good enough for me.”

At Halftime, we’ve had great results for over 25 years. But now, we are setting out to intentionally address our own “smoldering discontent.” We look to a future with even greater impact with those that we have the privilege of coming alongside to help in their journeys to serve God with everything that He has given them.


Article originally hosted and shared with permission by The Christian Economic Forum, a global network of leaders who join together to collaborate and introduce strategic ideas for the spread of God’s economic principles and the goodness of Jesus Christ. This article was from a collection of White Papers compiled for attendees of the CEF’s Global Event.

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Episode 195 – Donald Miller Tells the Story Behind Growing a Business

Donald Miller‘s books—such as “Blue Like Jazz,” “A Million Miles in a Thousand Years,” and “Scary Close”—have spent more than a year on the New York Times Bestsellers list. Don has since gone from writing bestselling books to tapping into the power of story for businesses and individuals. Every year he helps more than 3,000 business leaders clarify their brand message. Listen in as he challenges entrepreneurs to lean into their own story, creatively develop and execute the story of their team, and understand the story of their customers so they can serve them with passion.


All opinions expressed on this podcast, including the team and guests, are solely their opinions. Host and guests may maintain positions in the companies and securities discussed. This podcast is for informational purposes only and should not be relied upon as specific advice for any individual or organization.


Episode Transcript


Transcription is done by an AI software. While technology is an incredible tool to automate this process, there will be misspellings and typos that might accompany it. Please keep that in mind as you work through it.

Rusty Rueff: Hey, everyone, it’s the Faith Driven Entrepreneur podcast you found us once again. Thanks for doing so. Donald Miller is the CEO of Story Brand, and every year helps thousands of business leaders clarify their brand message combined. Donald Books have spent more than a year on the New York Times bestseller list. Today, he is going to challenge entrepreneurs to lean into their own story, creatively, develop and execute the story of their team and understand the story of their customers so they can serve them with passion. Let’s listen in.

William Norvell: Welcome back to the Faith Driven Entrepreneur podcast. We are so overjoyed today. We get to talk about a man who needs no introduction, but he’s going to get one anyway. You’ve already heard about who he is a little bit in the intro, but not a Miller who has influenced so many people through his writings for so long. I mean, gosh, I mean, 20, 25 years. How long have you been writing? I mean, it’s just amazing. About 25 years. That’s amazing. And we were just talking. Don and I have a mutual friend, David Price, who we will, for certain, make sure is listening. We met about five years ago. It was monumental in my life and a very small footnote in Don’s. But he claims to remember me slightly, which means a lot to me. You know, that goes a long way on the heart, and we are just so excited to have you for our audience. We’re so excited to help people hear about story, brand and business. It’s simple. I’m pretty sure a lot of people have before, but for those that haven’t, you’re in for a special treat. So, Don, welcome to the show.

Donald Miller: Yeah, it’s good to be with you.

William Norvell: And as we do just get started, as our audience knows, one of the things we love to do is just start at the beginning a little bit. Who are you? What brought you to where you are today and why do you continue to do what God’s called you to do?

Donald Miller: Well, in my heart? I’m a guy who just loves to write. I mean, that’s been my thing for a long time. And I started, of course, writing memoirs and in order to write good memoirs, I had to study story because I was very interested in keeping the reader interested in my books and turning the page. And so I discovered story is the best way to get somebody’s attention, and stories are very, very formulaic. I mean, you know, this happens, then this happens, then this happens on page thirty three. This happens on Page 42. This happens. So I learned all those formulas for writing stories, and we wrote a screenplay and released a movie and those kinds of things. Definitely amateur stuff. There are real moviemakers and better writers than me, but you know, I enjoyed studying that stuff by the time I wrote my seventh memoir. I didn’t have anything else to say. The publisher keeps coming back and saying, Hey, you know, these are sound pretty good. Can we get another memoir? And I just at one point just said nothing else has happened. I have nothing else to give you. I went camping and I can’t write a book about that. And so I was asked by a company called Accenture to create a project management framework that would unite a team and help them accomplish a mission. Using everything I knew about story and I did that, and it was the first time I’d ever taken a story based message into business. It did well with Accenture. Then I wrote a book saying, Look, you know, this also works when you’re thinking about your marketing or how you talk about your company, how you tell the story of your company, how you invite customers into a story. And I ended up writing a book about that, and I genuinely thought the book was going to sell moderately well, but I was just curious about it. I just wanted to write the book anyway, and it sold about 600000 copies and that launched my company called Story Brand, and we helped companies create very, very clear marketing messages. And so since then, my career has taken a pivot. I never, ever saw it coming. But I absolutely love it because, you know, I got to write seven memoirs, and I think every human being has this desire to be heard and have their story heard and to be known and to be listened to and be affirmed. And now I feel like I kind of got the Thanksgiving meal of that. And if I go the rest of my life and nobody ever hears any more of my story, I think I’m OK with that. I think other people sort of deserve to be heard. And so my career has taken this pivot where all these incredible entrepreneurs are trying to get the story of their story, their product, the story, their product story, their brand story, their team, the story of the customers and the transformation that they’re having using their product. And now I get to go in and sort of consult with those companies and help them figure out how to tell those stories. So for me, you know, at the root of it all, is this love for words, this love for story and the fact that I got to tell my own and now help others, I think, is an incredibly fulfilling journey.

William Norvell: That’s amazing. And you’ve got to do that in so many different ways. Of course, from blue like jazz to where you are today, could you go down a layer deeper and tell us, what is it about the power of story that’s so impactful? And in your experience, why are people so connected to that form of learning?

Donald Miller: Your story is powerful because it asks. Questions that we want answers to. That’s why you pay attention to a story when you’re sitting down to watch a movie somewhere early on in the movie, the storyteller, the director, the writer of the story, the actors who come together to tell the story, they’re going to positive question. And that question is going to be so interesting to you that you’re going to spend 90 minutes to two hours trying to find the answer to that question. The last two nights in a row, Betsy and my wife have sat down, you know, gone through Netflix, trying to find something to watch, and we found Sherlock Holmes, the Robert Downey Jr. version. We watched the first one two nights ago. Watch the second one last night. You know, the very beginning of those movies. It’s a whodunit. It’s a murder mystery. You’re wondering who the killer is, and you pay attention for two hours to find out one who the killer is and to. How do you do it? And that was the same story. Question for the first movie was the same as the second in the sequel. So, you know you got a positive story question, and that’s what keeps us interested in the story. The fascinating thing is, if you ask the question well enough, you will actually compel a human brain to pay attention for a long period of time, which is nearly impossible to do. About 30 percent of the time the human brain is daydreaming. We’re actually wandering off in our minds or meandering through the daisies. And when the brain daydreams, what’s actually happening is the brain is saying, there’s nothing in my environment right now that I can find that is going to help me stay alive or move ahead or get something that I want. So we’re going to turn the brain off. The brain burns about 800 calories a day processing information. And if it’s not processing information, that’s going to help it survive. It will just tune out. So almost nothing you can do about it. What’s fascinating about stories is it overrides that mechanism, and it’s the only thing known to man that overrides that mechanism. It will pay attention and burn very, very valuable calories, processing information that has nothing to do with its survival. So the reason I bring that up is because if you have a brand or if you’re a leader, if you’re a political leader and you’re running for office, we work with a lot of those. If you own a company and you’re trying to sell a product, you’ve got to get people’s attention and you are in a race and in the competition with your competitors to get that attention. So then you have to ask a question in this campaign that we’re running to sell this product or grow this company or get this person elected. What’s the story question? And if you can’t figure out very quickly what the story question is, neither can your customer and they’re going to start daydreaming. So for instance, for my company, I run a company called Story Brand and we say, Look, if you clarify your message, customers will engage. Well, you need customers to engage in order to stay in business. And so the question that you would ask yourself is, I wonder if I clarified my message, would my company grow? I wonder how I can clarify my message. I wonder what my message would be. There are enough story questions in there that compel an audience to pay attention to what we are doing. And that’s what we teach other people to do. For instance, recently I was working with a company called Calix, and Calix is a broadband service company. The owner of Calix sold his other company for $7 billion. So it’s a well-funded company, and they’re growing very, very quickly. And occasionally we get on. We do these strategy sessions where I just look at the documents that they’re releasing to the public, their websites, their sales letters, their proposals, and I just give them my thought about how they’re doing. I looked at a proposal that they were going to send out. This proposal was for a particular piece of hardware that they could sell to broadband companies. It was going to be multi-millions in the deal. And I said, Look, you know, this is a great proposal. It’s spelled out very clearly what you offer. But when I look at a proposal or a sales letter website or anything, I usually look for three colors red, yellow and green sentences that I want to highlight, read or sentences in which you’re talking about the customer’s problem. Sentences that you highlighted yellow are sentences in which you talk about your solution. The sentences that you highlight in green are sentences in which you are describing what the customer’s life will look like if they use your product. Every document that goes out should have red, yellow and green and in that order. And when I look at your document, all I see is yellow. There’s no red. You’re not talking about the customer’s problem. There’s no green. You’re not talking about what their life will look like. If they use your product, you’re just talking about your product. That’s not a story. If you want to invite customers into a story, I need to see red, yellow and green. So that’s a little sort of tip on how you should look at the communication that you’re sending out as a company. We see these mistakes all over the place. You know what, we study political campaigns a little bit. I don’t particularly associate with the Republican or Democratic Party. I think both of them quite honestly, are wasting a lot of taxpayer money just fighting with each other rather than actually being creative and bringing solutions to the table. And so I personally don’t love any of them, but I do watch the parties and watch the campaigns and sort of critique in my mind. And you know, you look at somebody like Jeb Bush and his campaign match or when he lost to Donald Trump in the tribe areas in the primaries was was. Jeb can fix it. OK, well, if Jeb can fix it, we’re being invited to watch a story about Jeb. We’re not being invited to participate. Jeb is the one who’s going to get the glory and he’s going to fix it. So if I invited you to a movie about a guy who was going to fix it, the first question you would ask is What’s it? And that means nobody’s going to go see that movie because they can’t figure out what the movie’s about. You know, Hillary Clinton, her campaign mantra when she lost to Donald Trump was, I’m with her. Well, I’m with her going where I’m with her trying to accomplish what? How is this going to help me survive? You know, it just wasn’t very interesting. So the words that we choose to describe what we’re doing are as important as what we’re doing. The words that we use to describe what product we sell are actually just as important as the product. Because if you get the product right, but the words wrong, the words are the bridge to the product. If you use the wrong words, there is no bridge that people can actually engage your product. That’s the importance of inviting people into a story. And the idea is your company, your leadership, whatever it is that you’re trying to advance in the world. You want to invite the customer, the voter, the stakeholder, into a story in which one of their problems is going to be solved. And so I’ll just give you a little formula to do that because I think that’s why you’re all listening. The formula to do that is start with the problem. When somebody asks what you do, don’t say, Well, here’s what to do. Say Well, you know how a lot of people struggle with, you know, how people get frustrated when you know how much it hurts to see people x start with a problem because the problem is actually the hook. Then once you start with the problem, now you can talk about your product. My product solves that problem. And then step three is so that people can live this way. People have this problem. So I created this product so that people could live this way. That’s a story. A hero has a problem, overcomes a challenge to make that problem go away and lives happily ever after. So if you use that formula in your sales letters and your keynote speeches, in your elevator pitches, on your websites and your lead generators on and on in your proposals, if you use that formula, you will find that people pay attention to you rather than ignore you. It really is the key to explosive growth.

William Norvell: Oh, that’s amazing, and thank you for walking through a bit of the story brand framework. I want to. We’re going to jump into that and say, I want to jump back, though, and give you the opportunity to tell us about your startup story. How did story brand? I mean, I heard how you made the transition from writing, but tell us about the company growth and how you grew the company and just your entrepreneurial journey a little bit.

Donald Miller: Yeah, there’s many aspects to my entrepreneurial journey. I mean, in a way, a writer who succeeds has to become a business person. They really have to manage a tiny staff, have to manage a schedule, they have to manage all those kind of things. So I’ve been doing that for a long time. You know, we have 30 employees now, and that’s a very different dynamic. It’s not a big company by any stretch, but I’m managing something much larger. You know, really, though, my entrepreneurial journey is just about consistently following curiosity. I was curious about story, and so I studied story. I was curious about how story could affect project management. And then I was curious about how story could affect marketing. And of course, that took off. And we just kept chasing curiosity. What are we curious about? And we would create curriculum and content based on our curiosity and the results that the products that we created would give to people. So, you know, that’s basically my entrepreneurial journey. I just kept chasing curiosity. I mean, I was pretty good at always figuring out what was sustainable, you know, how to make cash come into the company. And so I also chased that path to but for me, you know, nothing beats curiosity. And I was always curious about these things.

William Norvell: Well, that’s great. OK, so jumping back past the framework, which you kind of walk through a little bit with us, I’m curious for entrepreneurs listening because I’m guessing you could have a lot of fun with 100 pitch decks that we will not send you. But I’m sure, well, maybe, maybe we will. Who knows? You know, we’ll test it out later. Why is it? Why do brands make this mistake so often? Why do they put themselves in the shoes of the hero? Why do they only talk about their product? Why is that the normal way to think and why can’t they figure it out, right? Like, what are people missing and what are our entrepreneurs missing when they stop to think about selling this product? That, of course, they put so much time, energy and effort into, and they’re missing the story of how to sell it? What’s that disconnect?

Donald Miller: Well, I think the disconnect is natural. It comes from insecurity. You know, when we’re really insecure and we don’t believe that we have the authority to be in the room or be on stage. We talk about ourselves and we try to sell everybody on the fact that we are good enough to be here, valuable enough to be here. Those kinds of things. And, you know, people just smell it as weakness. When people are hurting or wounded, they talk about themselves when they’re strong and competent. They talk about others. And so what we look for in leadership and we look for and brands that are supposed to help us solve a problem. So we look for strength. A brand is just like a person. It has a personality. And when you think about the people that you like the most, the people that you like the most and click with the most actually aren’t the most successful people. You know, they’re actually the people who do a great job listening to the people who do a great job mirroring your emotions, restating what you just said in such a way that maybe you feel like they understood you and they heard you. That’s part one. And then part two is people who actually take whatever it is that you share with them and give you back some wisdom or some advice that you find helpful. Those are the people that we like the most, and those are the brands that we like the most. We really like two things when it comes to choosing leaders, choosing brands, choosing authority figures, choosing to give our trust to somebody who’s competent. We like two things. We like empathy. We like that people can understand our pain. Feel our pain. The best definition I’ve ever heard for empathy is shared pain. And literally, it’s when you share the pain that somebody else is feeling. And then part two after empathy is competency. It’s not good enough for a brand or a leader just to share our pain or understand our pain. They also need to be competent to help us out of it. They need to be able to say, Look, I’ve helped a thousand people deal with this and got most of them out, and I think I can get you out to. I don’t think you’re going to have to deal with this anymore. So it’s that one two punch of empathy. Fee and authority. That’s really what we’re looking for in a brand. What we tend to do a lot of is leave out all of the empathy. We don’t even think about the customer’s pain. We’re all so insecure about whether or not we belong here that whether or not we’re sure people should buy from us. We just go on and on about how great we are. And that’s a giant turnoff to most people.

William Norvell: Oh, that’s great. I can feel that in so many things that,

Donald Miller: yeah, we all do it, I wish I teach this stuff, but like every fifth time I pitch it, I find myself through the exact opposites. But there’s there’s grace.

William Norvell: That’s good. That’s good. They say, you know, the best things you learn is as you’re teaching them, right? So you’re going to be an expert in about 20 years that 20 percent is going to be down to about two minutes before you die.

Donald Miller: You’re going to get your head around this.

William Norvell: You’re going to nail it. You’re going to nail it. And the kingdom and the heaven will, you know, God will welcome you in and say, you can now teach this in heaven.

Donald Miller: There you go. Right.

William Norvell: So that’s fascinating on how that changes the pitch right of the product and how we shift that. How have you experience with the companies you work with? How does that change the company from the inside out? How does that change the people when people can get their story right as an organization? How does that change what happens inside?

Donald Miller: You know, it actually happened to us, even though we teach this stuff, you know, we have a great framework, but a company really works a lot like a person, you know, when it’s a fledgling new company. It works like a fledgling new person in the sense that all a baby really thinks about its survival. They think about food, they think about a little bit about play, they think about love and nurturing. You know, it really isn’t until like probably the 12th year of being a human being that that initial first thought enters the brain of. I wonder if I should get somebody else something for Christmas. Yeah, it’s like it takes. It literally takes that long. And I think companies are similar, and I think we should give ourselves a lot of grace in those first few years because you’re really just trying to make cash, you know, bringing cash to make payroll, you’re trying to keep cash flow going. You’re trying to sell things you don’t quite know. And then when we have sort of bad economic stability, a beautiful thing begins to happen in the life of the company. And that is most of the times you become as interested in building a community as you do in building a company. You become as interested in your team feeling nurtured and cared about so that they can nurture and care about customers. You begin to care about customers connecting with each other and connecting with your brand and a lot of that luxurious because you don’t have to think about the bottom line anymore that the company’s actually doing well. But interestingly, right when that transition begins to take place is usually the time when the company starts to see explosive growth, which tells us something tells us. So I wish we could have done this five years earlier, but sometimes that’s not possible. But you know, that’s the big difference that we see when we teach the story brand framework, because not only are we teaching a framework that’s going to bring in a lot more revenue. We’re also teaching a framework that says, think about what your customers are dealing with, think about their problems. Get your mind off yourself for a second to right this sales letter from the perspective of the person that you’re talking to. And really, there’s no other way to put it, except when you do that, you begin to open up your heart and you begin to practice more empathy. And that always changes us.

William Norvell: Hmm. Amen and Amen, amen a little bit around here is the esoteric Bible question guy. So every now and then I slip one in, so I’ve got to talk about I’ve got to get your perspective on Jesus using so many stories. Maybe just riff on that for a couple of minutes. Why? How did it work? How did it motivate people as you read through the scripture and you see you’ve spent so much of your life studying story, how why did Jesus use that method and how was it effective?

Donald Miller: Well, I think Jesus used story for the same reason so many of us who communicate use stories. And it’s because words actually fail. You cannot tell the truth with words because the truth is much bigger than words, and words are a really amazing tool to sort of point toward truth. But you’re not going to explain it. So when Jesus says, you know, the Kingdom of God is like a, you know, a mustard seed, I would hope that the Kingdom of God is not a master is quick because we’re not going to fit right? They’re very small. But here’s what he’s saying. He’s saying Look, your little bitty brain is never going to fully comprehend the bigness of what is actually true. You know, like G.K. Chesterton said, if you can get the truth of theology into your brain, your theology isn’t very big and your God is actually very, very small. So it’s pretty arrogant of us to think that we actually fully understand, you know, the universe that is Christian theology. All we can do is sort of point toward it with stories that’s really all we can do. You know, I’m in an interesting place right now in my life. Within about a week, my wife and I are going to have our first child. We’re expecting a daughter. And it’s been fun at forty nine years old. All of my mentors are now 20 years younger than me. They’re all like Don, hold the baby out. You know, these guys, it’s really a fun. It’s a fun season of life. And but you know, they’ll tell me things like a whole other compartment opens up in your heart. You’re going to experience a kind of love that you didn’t know existed. Nobody, nobody can actually explain it. Nobody now. Does that mean it doesn’t exist? No. I’m going to feel that in a week and then feel a lot of other things like no sleep and those kinds of things that they tell me about, you know, so all we can do is really tell stories and grunt with these weak words toward a truth. And one of the things that I think helps us understand one of the reasons I actually pray to Jesus is a man of faith is because he use storage. One of the reasons that Christian leaders who have all the answers are not interesting to me is because they’re quite naive. I’m sorry, you don’t actually have all the answers. There’s an enormous amount of mystery involved in this, not because there isn’t a truth out there, but because our brains are simply not able to comprehend it. One of the great metaphors that I’ve heard is, you know, right now my baby daughter, her name is Emeline. She’s inside of this womb and her brain understands probably warmth. It probably understands some nutrients when those come in through the umbilical cord vaguely hear some voices that may seem friendly. Has no comprehension of the unbelievably magical world she’s about to enter into a world that includes ladybugs crawling on leaves, a world that includes a little dog named June Carter that she’s going to meet and grow up with has no comprehension of any of that. And I think about the Kingdom of God and maybe the passing from this life is that. And so for us not to be excited and anticipate the bigness and mystery of what is to come and instead believe wrongly that we have it fully under wraps and we can answer every question I think is something that Jesus never tempted us with. He told Stories. The Kingdom of God is like a mustard seed. So I think that’s one of the reasons that I trust him. So much is he just told stories and said, You know, it’s kind of like this fully knowing our brains were absolutely not capable of understanding.

William Norvell: Hmm. Congratulations on everything. What an amazing story. Yeah, gosh, I will not. Our audience is tired of hearing about Liam and Louise, but I have a I have a three year old and a one year old and oh my god.

Donald Miller: I’m more than a lot. So you don’t hear s you look, you look rejuvenated about the world.

William Norvell: So don’t believe all this. You know, your life is going to change forever. It’s so awful. You never sleep again. No, it’s the greatest joy in the history of the world. I am so ecstatic for you, and I’m so, so excited to hear you’ve already named her as well. My wife and I have done that with all of our children before, and there’s something special we feel when we get to talk to them before we get to meet them, you know? Oh my gosh. We’re going to have you on to talk about that afterwards. There you go. That’s a guarantee. I want to hear the story of you holding her and welcoming her into this world. Yeah. So we do have to transition a little bit as we come to the next segment of our time here. I want to hear about business made simple. So we’ve talked about story brand as the organization and a lot of times, you know, people feel things. I mean, I think we’ve all been victim right of reading the book that quote on quote changed our life and then we do nothing with it, right? I read a great quote the other day that said, Be a book doer, not a book reader.

Donald Miller: I also said it

William Norvell: was so good. It was so good. It might have been you on Instagram. It doesn’t sound like it, but I did it. I don’t remember where I saw it, but I saw it somewhere. I was like, Oh, that that hits my soul, right? I I take in a lot of information. I don’t put all of it into action. And I think that’s a little bit of where you know, you’ve gone with business made simple and the coaching network a little bit. Could you tell our audience a little bit about that and how that works alongside story brand?

Donald Miller: Yeah. You know, Story Brand is a company and we grew it as a company and as we grew the company teaching a marketing and messaging framework we had to create in order to grow that company a framework on finances, we had to grow a framework on talent management. We had to grow a framework on management and execution. We had to grow a framework on sales. We had to grow a framework on cash flow. We had a growth framework on keeping overhead down. We had to create a lot of frameworks just to run our company. And because I’m a teacher at heart, I started turning around and teaching these frameworks to other businesses that were wanting to grow as well. And what everybody said to me was, Don, you’re really good at making a very complicated things simple and actionable, and I consider that a compliment. And so I wrote a book called Business Made Simple that just teaches you how to grow a business. And the truth is, I never went to college. I didn’t graduate from college. I hung out at Reed College in Portland, Oregon, for about three years, which studied humanities. You know, I didn’t study business, and I always had a sort of insecurity about that until I began to hire people with MBAs and degrees from Ivy League schools and realized, you know, they don’t know anything. I don’t know anything else. You know, the schools are teaching us how to read a white paper on trade with China in case we become chairman of the Fed. They’re not teaching us how to actually run a business. We’ve all had to figure that out, let’s be honest. And so I thought, Man, I really want to put it very simply, you know, how do you create a mission statement and guiding principles? How do you clarify your message? How do you create a marketing sales funnel? You know, how do you run a team? How do you get everybody united around a purpose? How do you check in with people once a week to make sure they’re doing their jobs? How do you write their job description? All the just kind of basic stuff that you need to actually grow a business? And I put it into a book it. Actually, it’s I think it’s 20 dollar book, and it comes with 60 videos that are free that you watch that teach you how to run a business. My goal was to create a better than Ivy League MBA education for twenty dollars. And I hope we’ve done that. A lot of the reviews have said we have, and it’s just everything I know, taking a company from $0 to sixteen and a half million in about five years. With a 64 percent profit margin and no debt, no venture capital, no loans from banks, we’ve been able to do that. And I think one of the reasons we’ve been able to do it is because I just didn’t learn to do it the wrong way and we figured out the right way. And so I wanted to pass that along. So we actually it was so successful that we created a mother company over story brand called Business Made Simple and Story Brand is the messaging and marketing arm of business made simple. And so that book is out there. You know, I also did it in microlearning. It’s a business education in microlearning and short daily reads with short five to 10 minute video that you can watch, and you just sort of figure out how to run a company by osmosis. And then the more you put it into action, the better your company does. I’m super, super proud of it. I grew up in a really poor home. Dad split when I was about two and mom and me and my sister stood in line for government cheese. She was a secretary her whole life, just to the last possible guy you would ever think would run a business and have it be successful. But you know, if I can do it, you can do it. And I just don’t think business should be a minister. I really don’t. I don’t think it’s actually all that hard. It’s not easy, but it’s not all that hard. If we just have some practical knowledge

William Norvell: and all, that’s amazing. That’s amazing. And there’s a book, you’ve got a podcast for those listeners who haven’t found you yet, you have a pretty active Instagram feed you’re reading in your house right now, which looks pretty fantastic, so you can find down a lot of places. I want to ask you what’s one of your favorite stories of one of the people that have gone through the business made simple program.

Donald Miller: Yeah, we hear every day somebody’s going through story, brand or business made simple who has doubled, tripled, quadrupled their revenue. I have a friend named West who was it was pretty risky for him to become one of our we call him story brand certified guides. They make sales funnels for people, but he turned down a job. Then it was a $27000 a year job. He turned it down and he became one of our story and certified guides and within three years was making just shy of seven figures. And you know, that’s a complete life change. Another woman named Amy Lacey runs a company called Cauliflower Foods, and she was $250000 in debt. And the company came to her and said, Look, you know, for twenty five thousand dollars a month. If you go get a loan or get, some investors will handle all your marketing. And she said, No, you know, let me get back to you. I’m going to go to this story brand thing and figure out how to clarify my message. She did that. She did not hire the firm. She just did it herself. And that was five years ago. Now she’s preparing to sell the company for $100 million. You know, you got to love it, and everybody listening to me knows what I’m talking about. It’s just a neat thing when your product works, you know, because let’s face it, we put it out there like, Oh man, I hope this work. It worked for my uncle. I hope it works for everybody else, and it’s pretty neat when it actually does. And so we collect those stories. We get them almost every day and they get funneled into a slack channel. And anytime anybody on staff needs some encouragement, they just go read What’s happening to our customers?

William Norvell: Well, that’s amazing. And fortunately, as we head to a close here, one of the questions we always ask at the end is we would love to ask basically where God’s word is coming alive to you, and we love that as a bridge between our guests and our listeners. And and that could be a passage you’ve meditated on your whole life. That’s still with you. It could be something you read this morning, right? Could be something you’re meditating on this season, but we just love to connect everything through God’s word at the end of our episodes here.

Donald Miller: You know, something that has guided my life for a really long time. I would say if I had a conversion experience, it was right out of high school. Even though I grew up in a church and was involved in the youth group, I had this really amazing encounter with God reading the book of James, and there was just something about the idea that faith without works is dead and worse than no faith at all. And coupled with another idea from the Book of James, you know, go into your prayer closet and pray in secret and don’t be one of the people who sort of publicly do things. Yeah, I understand it’s professional ministers and they need to pray in public in those kinds of things. But that was a big faith experience for me, where it just became a part of that. Acting on my faith rather than just believing it or talking about it was critical. And I’m so grateful to talk to a group of people who are people of faith because what I’ve found is over the years that if I didn’t talk about my faith, but I actually acted on it. And if I prayed about something but prayed in secret that God showed up, it was, I mean, I think the passage literally says, you know, those who pray in public get their reward in full. And what that means is everybody thinks they’re awesome and then that’s it. God doesn’t actually do anything. I mean, that may not be what it means. I don’t know. But I’ve just noticed that as my faith becomes more real and I do things and I act on it rather than talk about it, God works in pretty amazing ways. So to me, that idea, I think, is what’s governed at least the last 15 years of my life, and I feel like I’ve been richly rewarded for it.

William Norvell: That’s amazing. It is amazing when we take God’s word seriously and it works right. Turns out he said it for a reason. Well, what an amazing place to end. We can’t thank you enough for spending time with us and our audience in the last 30 seconds. Are there other places I didn’t name where people could find out more about you and business made simple and story brand? Are there other places where people can go to learn more about the work you’re doing?

Donald Miller: Yeah. All the work that we’re doing on my team is doing is it business made simple dot com and of course we’d love to. We’d love to hear from you. Do anything we can to help.

William Norvell: Thank you so much. Thank you for joining us.

Donald Miller: My pleasure.