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Todd Palmer is an executive coach, keynote speaker, renowned thought leader, author, and CEO who is committed to helping business owners tackle their obstacles and clear their path to success. As an entrepreneur and active CEO, Todd knows the struggles business owners face regarding people, cash, strategy & execution. He took his company from being $600,000 in debt, to making the INC 5,000 as one of America’s fastest-growing companies (an astounding 6 times!).  Todd is also author of the #1 International Amazon Best Seller- From Suck to Success: A Guide for Extraordinary Entrepreneurship.

He specializes in helping leaders join the mission statement of the organization with their personal core values, while addressing fears, self-doubts and imposter syndrome. He brings a unique blend of authenticity, transparency and vulnerability to help leaders & organizations achieve their highest goals, and he’s here today to share his story, what he’s learned along the way, and his proven framework for helping business owners achieve success.

Timestamps

[01:20] Todd’s big purpose in what he does[03:18] Swimming in debts[04:30]Challenge #1: Imposter syndrome

[08:58] Challenge #2: COVID-19

[12:55] Challenge #3: Operating in vacuum

[16:23] One critical skill for entrepreneurs

[19:14] The power of active listeningTodd says his biggest purpose in what he’s doing right now is to improve people’s lives. He shares some of the challenges he has ever faced as an entrepreneur and how he addressed them.

He says the biggest challenge was imposter syndrome. Todd never felt he deserved his success. He never owned the success but owned his failures.  To solve this, he decided to work on himself and hired a coach to help him see purpose in his life.Another big challenge Todd faced was COVID-19. With its impacts felt in almost every industry, COVID-19 was also a threat to his business. But quickly realizing that COVID-19 “happened for us, not to us,” was key in navigating and finding opportunities amidst the pandemic.One final challenge Todd faced is operating in Vacuum. However, he was able to overcome this with the help of Jack Stack’s book, The Great Game Of Business, open-book management. He says he doubled down on using Jack Stack’s tools extensively and overcame this challenge.He says there’s one critical skill that all entrepreneurs should have to succeed.

“The best leaders I have ever interacted with are the ones who ask the best questions, and practice the most active listening.”

Links and Resources

Connect With Todd PalmerWebsite: https://extraordinaryadvisors.com/
LinkedIn: https://www.linkedin.com/in/toddpalmer1/
YouTube: https://www.youtube.com/channel/UCswsalTqVuynCKv1rwCyJfQ
Mentioned Resources Living Well From Within YouTube Channel: https://www.youtube.com/channel/UCcPn9PIGkEe5fWDOEIMB8yQ/featured
The Great Game of Business: Unlocking the Power and Profitability of Open-Book Management: https://www.amazon.com/Great-Game-Business-Expanded-Updated/dp/0385348339

Don’t forget to check out this week’s featured tool for entrepreneurs below!

* At Grain, we believe that human connectedness begins by actively listening to others with the intent to share understanding with them.

* If it were as easy to capture, copy, and share important moments from live conversations as it is to type a message, we could connect more easily to the message instead of being distracted by the messenger.

* So this is exactly what we decided to build and we’re just getting started.