Ep. #39: Kara Smith-Brown - Marketing Masterclass - podcast episode cover

Ep. #39: Kara Smith-Brown - Marketing Masterclass

Nov 07, 20241 hr 23 min
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Episode description

Kara Smith-Brown joins us on this week's episode to discuss her career in marketing, how her company, LeadCoverage supports the freight industry, and her new book, The Revenue Engine, that comes out November 19th. Together, we explore how aligning sales with marketing can lead to a harmonious and successful business environment. By sharing her journey from the early days at Echo Global Logistics, Kara illustrates the potential of modern marketing tools to create a distinct edge for businesses in a competitive landscape. Her experiences underscore the underestimated power of marketing in shaping a company’s culture and future.

Leadership and emotional resilience take center stage as we discuss the importance of maintaining composure under stress, drawing inspiration from leaders like Doug Waggoner and Scott Pruneau. Our conversation spans meditation practices, the evolving nature of leadership styles, and the unique strengths of Type A personalities. We also tackle the challenges women face in male-dominated spaces, advocating for data-backed opinions and a deep understanding of business finance to gain influence. This episode promises an insightful journey through entrepreneurship, leadership, and strategic marketing, with a dash of real-world triumphs and personal anecdotes to inspire and motivate.

***Episode brought to you by Rapido Solutions Group. I had the pleasure of working with Danny Frisco and Roberto Icaza at Coyote, as well as being a client of theirs more recently at MoLo. Their team does a great job supplying nearshore talent to brokers, carriers, and technology providers to handle any role necessary, be it customer or carrier support, back office, or tech services.***

Follow The Freight Pod and host Andrew Silver on LinkedIn.

*** This episode is brought to you by Rapido Solutions Group. I had the pleasure of working with Danny Frisco and Roberto Icaza at Coyote, as well as being a client of theirs more recently at MoLo. Their team does a great job supplying nearshore talent to brokers, carriers, and technology providers to handle any role necessary, be it customer or carrier support, back office, or tech services. Visit gorapido.com to learn more.

A special thanks to our additional sponsors:

  • Cargado – Cargado is the first platform that connects logistics companies and trucking companies that move freight into and out of Mexico. Visit cargado.com to learn more.
  • Greenscreens.ai Greenscreens.ai is the AI-powered pricing and market intelligence tool transforming how freight brokers price freight. Visit greenscreens.ai/freightpod today!
  • Metafora – Metafora is a technology consulting firm that has delivered value for over a decade to brokers, shippers, carriers, private equity firms, and freight tech companies. Check them out at metafora.net. ***

Transcript

Entrepreneurial Parenting and Business Priorities

Speaker 2

Well , how are you ?

Speaker 1

I'm great , I'm living the dream . I'm going to Mexico in the morning . Where in Mexico , just Cancun , for three days . I'm living the dream , I'm going to .

Speaker 2

Mexico in the morning . Where in Mexico ?

Speaker 1

Just Cancun for three days . I needed a break Just to get away . Yeah , we're taking the kids All inclusive . I don't have to worry about feeding anyone for 72 hours .

Speaker 2

Where does that rank in just the list of your daily issue concerns like priority wise ?

Speaker 1

Where does it rank ? It ranks pretty low , if I'm honest , and it usually hits about 530 . That I'm like oh shit so we moved to a like a weird hippie village south of Atlanta and in this hippie village there are no restaurants . That's not true . There are three restaurants , but like we have now , we have done that enough .

So it requires a lot more like parenting , if I'm honest , like I have to like , think about it more than I did before . 10 and 12 .

Speaker 2

Almost old enough , well , old enough to to to pay attention to this and recognize their mother prioritizes them at the bottom of her to-do list I really appreciate that .

Speaker 1

Uh , they have no question where they fall in the pecking order , and it is relatively low , they're not ? They would not be surprised by this comment .

Speaker 2

Um , but I mean it , but what you're doing is setting an example for them to pursue your dreams and tackle challenging things and do those things .

Speaker 1

I really appreciate you saying that .

Speaker 2

And put your kids behind all that .

Speaker 1

I don't know . You grew up with parents that were entrepreneurs . I didn't grow up with parents that were entrepreneurs . Grew up with parents that were entrepreneurs Like I , didn't grow up with parents that were entrepreneurs . I , I had no model for this , like how to balance a family and a business .

Like the business is , it is an ever present , omnipresent thing in my children's lives . I would like to believe that they have an MBA now , like the amount like my husband and I work together , and so I would imagine that they will probably crush business school one day . Like they , they would probably be able to read a PNL .

Speaker 2

Like they might skip .

Speaker 1

I think they might even better if they got to like I couldn't , I didn't have the opportunity , I had to go .

Speaker 2

I just I think that I can only speak from my own experience .

I can't speak from anyone else's , but as someone who grew up with a father who was an entrepreneur and was pursuing a dream , when you see people who are pursuing a passion , there's something that is just so attractive about it and you just want it , gravitates , it pulls you in , and so seeing that at a young age , like your 10 and 12 year old kids are now

seeing you running around going on podcasts to talk about a book you just wrote , like running your business , which is a whole separate thing from the book , even though they're tangentially tied . Just taking on , you know , triathlons , it's like things like that they motivate kid they're the kid of the parent to to want to do that I mean .

So , like you know , I wouldn't be surprised if the 10 and 12 year old ended up being more of like quick starts and just wanting to get out and do stuff because they've seen their mother do the same for their entire life .

Speaker 1

They already are right Like the 12 year old , had a golf cart washing business this summer . Okay , and she's always kind of looking for ways to make money . The 12-year-old had a golf cart washing business this summer and she's always kind of looking for ways to make money , also because money burns a hole in her pocket .

But she's relatively entrepreneurial , I think , and it's really cool because they're both girls and mommy's the boss , right , mom's on the road , mom's the one who's moving and shaking . My husband is no slacker , but mom's the one that does it all . So it is kind of cool to set this example .

I didn't have this model and I certainly didn't have a model for a female entrepreneur , right , I have some really cool role models in my life , but none of them are women from the early age . That's kind of cool .

Speaker 2

Okay , well , let's jump into the episode then . Let's use that , let's use that , let's get this thing going . So to my friends , to our audience , welcome back to another episode of the Freight Pod . I am your host , who has been slacking a little bit .

We're riding the sine cosine wave , or whatever , up and down the roller coaster where for a few weeks I'm locked in and scheduling a bunch of these and grinding , and then I just lose interest .

I mean , it's not that I lose interest in these conversations because as soon as I'm sitting here I'm excited and like jacked up about this , but like when I don't have people scheduled , it's just hard to get back into it . You know what I'm talking about .

Speaker 1

Yeah , it's like anything else . It's like going to the gym , it's like hard to get back into it . You know what I'm talking about . Yeah , it's like anything else . It's like going to the gym .

Speaker 2

It's like going to the gym or eating well .

Speaker 1

It's anything else . Once you get out of practice . It takes a minute to get that motion back in the muscle memory , I think is what I'm looking for Once you get back into it . You're going to schedule 25 in a row . It muscle memory , I think that's what I'm looking for .

Speaker 2

Once you get back into it , you're going to schedule like 25 in a row . It's going to be awesome . That's that's what's happening right now . I've got , I've got like nine in my head , I've got a couple , I've sent messages out for uh , and that's how it works .

And so , like you , you know through the audience , you'll get a probably good two months here , uh , and then we'll have a couple of weeks of If you want my experience share on this , get yourself a human to hold you accountable to getting it done every week . That's what I'm doing . I mean , this is you know .

So I posted on LinkedIn looking to hire at least one person , maybe even two , depending on kind of the role and function . Wasn't part of the thinking was having someone else who I'm accountable to , who I'm responsible for , who's you know they're expecting you know to be able to make some money every week off of this .

That would be the kind of fire I I need that kind of fire , like . I think one of the things I always not always , but like would think about from time to time during my time at Molo was all the people that you're responsible for , and it creates a really good grounding .

It's a great grounding exercise because it helps you like clear all the bullshit and say like okay , like okay , we've got a problem right now , like this isn't working the way we want it to . Who's going to figure it out ? And what happens if we don't figure it out ?

And when you look around and you don't see the people who are going to figure it out , and what happens if we don't figure it out ? And when you look around and you don't see the people who are going to figure it out and you realize it's got , it's you and it's your team together . You got to figure it out .

And then you realize if you don't figure it out , you know something way worse could happen . You know these people also and you're cutting jobs , layoffs or the gone altogether . And then you're thinking about I have 20 or 50 or 100 or 300 ? people who will be without jobs if we don't figure this out . It's that driving force .

Speaker 1

For me it's driving force and I get called a lot of things aggressive , direct four letter words , I'm sure , behind my back . And when I'm direct and aggressive about the business , it is always because it impacts jobs . About the business it is always because it impacts jobs . So we have 42 employees today . That's a lot of humans . For me it's the biggest .

Every morning I get up and I'm running the biggest company I've ever run . I've never run one as big as Molo . But those are individuals . That and car payments and daycare , and I have such an intimate responsibility with those people and their responsibilities for their families .

So when I do get aggressive , it's usually because someone has done something that impacts a customer . And if a customer says , hey , we're done with you , that equals jobs and I just take so seriously the fact that I am a job creator . And when you're a job creator , there's always this subliminal on the back of your mind .

I don't know if you feel this way . It's all falling apart , it's all coming down , everyone around you is going to lose their job . You're a total screw up . But it's never going to work . And every day it works . You're shocked that it's working . You're like this is amazing .

Speaker 2

One more day , but it hasn't all come falling down . It's crazy the way the mind works , Because over the course of a week , I remember times where I went from thinking this team is incredible and what they've accomplished is like nothing I've seen done before in our industry . And our customers love us and everything's great .

And we're to the moon and three days later it's . How is everything so broken ? Oh my God , how do we even exist ? Is yours ?

Speaker 1

triggered on one email . Like one email can trigger me from like we're to the moon to like it's all falling apart .

Speaker 2

Yes , 100% . It's , it's , it's , it's the trigger that then sets off the negative train of thought , the literal negative train of thought , because it's one to the next , to the next , to the next , and then it's six , six things , and then you feel overwhelmed and then you're just like I can't do this . This is I . I'm what . How the hell did I get here ?

300 people , 140 people , whatever it is , doesn't matter . It's like I'm not qualified , I can't do this , or they ? How do we fix this ?

Speaker 1

what's been your ? What do you do ? Mine is I've got a . I've got a bunch of people around me that I've like put around me strategically to like pull me up out of that and be like no , you're amazing . Like don't forget all the things that you've done .

Speaker 2

Yeah , so I mean I , I , I'm , I'm similar to you . I think that part of this , for me at least , was a Vogrish thing . So my business partner was Matt Vogrish .

He was our president and COO and he was like , when I was triggered , we knew that was like a potential recipe for disaster , if not effectively managed , and I was more likely to cause more problems than I was to create solutions when I got triggered .

Speaker 1

I'm looking forward to my team hearing this , andrew , because they can be like oh , she's not the only one . I don't know that that's a good tamper in together , but at least we're not alone , right ? At least there's two of us .

Speaker 2

We're not alone . There's more than two also , but I think it's you know . You get to a place where your team knows you well enough that they know how to kind of manage you and you learn how to manage it .

And so a lot of times it was me getting myself out of the way and getting myself out of the business for a day , out of it for two days , and just like leaving the office , going for a two hour walk .

Sometimes I take a fricking edible and go for a four hour walk and just be like I need to get so far away from this and to a place where my mind will create different situations and then I can focus on those . And then it's like , oh wait , we have this huge thing coming up for these guys . That could be a big win for us .

Let's focus our attention there and not worry about whatever this problem is . That isn't really the end of the world .

Speaker 1

My team calls it work drugs . What ?

Speaker 2

are work drugs .

Speaker 1

When I get in the weeds on something that I don't belong in and I swirl around the thing that I shouldn't be involved in , it's like 10 clicks below me but it's like I don't know I'm misspelling on an email that went out and I'm just like in the weeds on it and my leadership team is like you have got to get off the work drugs .

Like we need you up here , we can't have you down here . And I think you know the more I run a business and the busier I get just sheer volume of other things to do . I can't do that kind of stuff anymore .

And then also , the more I trust them I've got an incredible team and the more I trust that team , the less often I get into work drugs and get down there . So I'm in a really good spot right now

Navigating Leadership and Emotional Maturity

.

Speaker 2

The question I would ask around that is , the trust is up here . It's a higher level of consciousness , it's recognizing the bigger picture of . I have these highly qualified people I've hired , I've given them KPIs and expectations . They've agreed to those , they know what they're doing . That's up here and I guess I'm on audio , so I'm just .

The point I'm making is that's higher level thinking , sure , but the email that comes through from the customer that's pissed that . You then see a typo from your team and you see another issue .

It brings you way down and we get emotional , we get triggered and we get frustrated and it's like do you have , do you recognize , like an ability or a way to stay up here , stay at the higher level of thought and not bring yourself down to the work drug chaos , or is it just like you're hoping to get better ?

As you go , it happens you take yourself out of it and you've got to kind of apologize sometimes for like hey , I didn't mean to jump in and do this like that , because I don't know that I ever got it . Go ahead yeah .

Speaker 1

I think it's maturity , and I think you've had a couple of guys on this podcast that I've worked for who are excellent models of that . I worked for Doug Wagner , right directly for Doug , a long time ago . He was an excellent model of not flying off the handle .

I made a big mistake one time , like I made a huge mistake , like I was in tears and I walked in his office and I was like I made a big mistake one time , like I made a huge mistake , like I was in tears and I walked into his office and I was like I made this mistake and you could kind of tell that he wanted to like unleash on me .

And then he kind of looked at me and he was like you're going to beat yourself up more for this than I need to beat you up , so like this is never going to happen again , right . And I was like absolutely not , I'm in tears , I'm so upset . And he was like , okay , take a walk . Like you're good , we're good .

And so I think when I get really , really excited about things like that Scott Pernod was another that's very similar to that I try to emulate those two men like really solid leaders that I am absolutely sure that those two guys have wanted to rip into people , or me specifically , right at times , but if I can emulate those two , I'll be in really good shape .

Speaker 2

What's really interesting about both of those names , with respect to my own experience with them through the podcast , is they both had a temperament to them that was very calm . In fact , with Doug I think we spent 10 to 15 , we spent some period of time talking about meditation and I would be remiss to not mention that .

I look at you and I and I see two type A's and the type A for you you self-declared in your book , so I'm not judging you .

Speaker 1

No , you're good yeah .

Speaker 2

I would also guess , if you took the Enneagram , you would be an active controller , an eight , which is what I am , and I think we thrive on our passion and we know how to turn emotion into a positive for us and it can help .

It attracts people to us in ways when we are singularly focused on something that we are really good at or know really well , or we're trying to build whatever it is . When that emotion is misdirected through triggers , where the emotion is anger and frustration , we are a menace to society and a problem .

Speaker 1

And to our own businesses .

Speaker 2

To our own businesses . Society is part of that , yeah .

Speaker 1

Anyone in our society . Anyone I come in touch in there , in touch with yeah .

Speaker 2

You know , I don't know if there's a connection there between you know the positive and the negative , or if they're just two different characteristics of people like us . But I've spent a year , now longer , trying to get into meditation specifically to solve this very thing we're talking about .

Because you bringing up Doug Wagner doesn't surprise me in the least least , because he does strike me as someone who just has that temperament that says , hey , whatever's coming at me , I am not going to emotionally react to .

I'm going to very deliberately respond to with what I believe is the best course of action to get us the best result we're looking for , which that's the kind of leadership that people need .

It doesn't mean that what we have with respect to how we can ignite a fire for people isn't as valuable or separately different or more valuable , but mirroring it all would be the home run solution .

Speaker 1

I think it would be cool for you and I to do this podcast again in five years or longer and see what happens as we mature .

Speaker 2

If .

Speaker 1

If we mature , hopefully you mature . I think I'm going to mature . I mean , I'm 42 today . I think you're younger than I am 34 .

And you know , I think we're young , right , Like you're 10 years younger than I am , almost Like there's so much for us to learn , there's so many more opportunities to fail , and I think every time I fail , every time I misplace my energy or I fly off the handle as someone who probably deserves it but doesn't deserve it from the CEO I think that's the other

piece of this like there's an element of you are the leader , Like what you say has so much more gravitas and impact when you're in a C-suite role than it ever had when I was in my corporate career . And so I think you were really , really young when you took on a CEO role .

Like that's a lot of responsibility for a young person , and I think it'll be interesting to see what you do next and if you're a different type of CEO as you mature .

Speaker 2

I hope so . I certainly do . I mean it's it's . It's one of the things that I'm most interested in wanting to start another business for is to see what it looks like and if I can change some of the thing , cause I I , you know , I don't know if this is .

I think , as I learned about ADHD which is a new thing for me I'm learning about some of the aspects of it , and some of it is this there's this like element of guilt and shame that I think people with ADHD have do but maybe others as well where we like carry it for a long time and we get stuck in this negative thought loop where it's like constantly

replaying old business scenarios where I was an asshole , basically where I was a bad leader .

Speaker 1

I think that's actually associated with anxiety .

Speaker 2

I wouldn't be surprised .

Speaker 1

I am not a psychiatrist by any stretch , but I have family members very close to me with ADHD and anxiety and I think it's kind of I'm sure that there's a spectrum .

Speaker 2

Yeah , for sure .

Speaker 1

But a therapist once told me that someone close to me replays things in their head over and over and over again and it has to do with anxiety and I don't do that .

Speaker 2

That's good . I mean , that's a really positive thing . For me it's a problem , but it's the reason why I'm most looking forward to wanting to start another business is it's almost like the right , the wrongs and to show that you can be a more elevated leader . But it's hard because you can't do it if you're not in the weeds doing it .

Like you know , sitting here on the podcast , there's not any situation where I'm going to get like triggered and blow up at you or something like that .

Speaker 1

Try you want to try . Do what you got .

Speaker 2

JK .

Speaker 1

No thanks .

Speaker 2

All right , we're all over the place . I don't even think we've said your name since we got on here . I've got two things to do . One shout out to our sponsors who pay the bills the Rapido Solutions Group , my boys , danny Frisco and Roberto Acasa . They are the best in the business at sourcing talent for you .

They're based in Mexico and Guadalajara and you know we worked with them at Molo and I also worked with them at Coyote . I mean , these guys are great . Give them a shout . Danny Frisco , roberto Acasa All right , that out of the way . Roberto Ocasio All right , that out of

Marketing Girl Evolution in Freight Industry

the way . Our guest today is Mrs Kara Smith-Brown . You've gotten 15 minutes of us talking about ourselves and our leadership skills , or lack thereof , but we're going to talk about your life . So you started your career at Echo Global Logistics as the quote marketing girl . Talk to me about being the marketing girl that struck home with me .

So what I actually want you to first talk about is the notion of the term the marketing girl , because I actually think that is a way bigger thing than people who haven't sat in my seat would understand . Because , just to give you the frame of reference , everything that I read in your book just hit home and it just felt like I was realizing .

I was replaying countless scenarios in my head of being a CEO , a sales-minded CEO who you know . Throughout Molo's tenure I owned our sales and marketing and it was really I owned sales and we just had this little thing we called marketing next to it . That seemed it should go well together .

Right , like this is probably making a lot of sense for what you hear from people like myself .

Speaker 1

You're triggering me , it's okay , yeah .

Speaker 2

Yes so , and it was like any other freight broker sales , I think , company where you know you try to give them a couple tools . We had Zoom info for a long time . We had some level of Salesforce with our Revenova license when that was our initial TMS , and then we gave them some rules of the hunt .

This is how long you can pursue a lead and this is the four progress you need to see to be successful . And then we said go figure it out and like bam , call these guys and get opportunities and we would jump in and try to help them and whatnot . And eventually we try to instill a little sales training , like specific customer sales training .

But when it came to marketing , I basically just would hire a marketing girl and then another marketing girl , and then I was like we should try a higher level marketing girl because I don't know what the hell I'm doing with the first two . Then let's go to a CMO and then it's like I don't really know how to work with her .

Let's go back down to marketing girl because it's cheaper and we still don't know what the fuck we're doing . So I say all that to pass the mic to you . And is that common ? Let's start there .

Speaker 1

Yes . That is the short answer . The answer is yes . There are very , very few freight brokers , carriers or freight tech companies that have strong marketing components . Strong marketing components , teams , leaders , etc . I could probably name the strongest ones off the top of my head , and this is super common .

We also , back in the day I mean on the sales floor of Echo in 2006 , there was no reason really to have a marketing department . We grew up exactly the same way you guys grew up , both on the floor of Coyote I mean literally you're down the street or at Molo .

You just handed the 1,200 22-year-old boys on the sales floor a list and they banged through the list and I think the rise , if you will , of the marketing girl or the marketing department is the same slope as the democratization of marketing technology tools . So this is HubSpot , salesforce , marketo . I've got a great story in the book about using names .

We changed the names of people to get truck drivers to open emails .

Speaker 2

Yeah , we're going to talk about that . I've got that . I've got notes of things I want to bring up , and Bambi and Sapphire are on the list . Bambi is on it .

Speaker 1

Yeah , yeah , bambi's on the list . But I think in the early days , like you know , the 2006-ish , which is when I started at Echo , which was sort of the golden age of the disruptive right the CH disruptors , if you will we didn't have any tools .

There was nothing for us to really do except make sell sheets , make sure that the website looked nice and that people could find us right , so that when someone did make a phone call and they went to the Echo website that it was physically there , that it was present , right . There wasn't a whole lot else for us to do .

But the democratization of these tools specifically HubSpot is allowing today , has allowed , like even SMB companies , to have a lot more connection between the marketing and sales teams .

The marketers can really get into the market and understand what's happening in the market and there's an opportunity to really use these technology tools to differentiate even the smallest SMB broker from the big guys and find your own place in the world , which I think is really the marketing team's job .

Speaker 2

So , as the marketing girl , what was your job at Echo Like ? What did that look like then versus what you would assume it could look like today ? What did that look like versus what a mature marketing team should look like today ?

Speaker 1

So , yeah , I mean this is 2006 . I got actually hired before Doug . I watched Doug get hired through a glass conference room at 600 West Chicago . It was kind of fun .

Speaker 2

And I got to work directly for him .

Speaker 1

It was great . He was an amazing boss , best boss I've ever had . And that was it . It was make sure the website looks great and is up . I remember making sell sheets for LTL and truckload and talking about the number of carriers and helping with a little bit of PR . Right , like we did a little bit of PR , but for the most part it was culture .

I remember when I left Echo , doug said to me are you sure you want to leave ? Like this is so fun , like this is really . You're never going to have this experience again . He also said to me don't love a company because it'll never love you back .

And I had sort of fallen in love with the Echo culture and I can say this today like I was kind of integral to how it was built and I was like number 12 on the floor or something like that . So it was really more about culture . It was really about can people find us ?

And then I was super , super fortunate that when they decided to go public , doug walked by one day and he's like do you want to write an S1 ? And I was like yeah , I will Google that and I will tell you when I'll have it done by and he was like , ok , we have bankers like they'll help you . But yeah , you should probably figure that out .

I got to write the NASDAQ website for the Echo IPO and I got to write the S and I got to write the press release . Like that was kind of what we did . That was what marketing did in 2006 . I think the second half of your question is what should you expect today ?

Right , and today , the ability of your what I like to call go-to-market team right , which is the connection of marketing into sales is all about technology . And if your team isn't asking about intent data or ABM or how to get in front of the right ideal customer profile or what does that look like ?

How to be measuring volume , velocity and value inside of the funnel , that's the future and it's what I should have been doing really in the early days , but the technology didn't support it back then . This was pre-Salesforce . I mean , I'm that old right Like . Salesforce didn't exist .

So now really strong marketers or go-to-market individuals should be technology users . They should be really strong technologists putting the best possible technology or marketing technology tech stack to use to support the sales team . I hope that I came through in the book that marketing needs to support sales and that's it . That's the whole job .

Speaker 2

So I do recall you multiple times talking about the relationship between sales and marketing .

In fact , I think in your conclusion you said it twice that sales and marketing need to work hand in hand , and I want to let's talk about that for just a little bit , because I think that you and part of the challenge that companies maybe have and correct me if you think I'm wrong is certainly the relationship between sales and marketing .

You'll agree with that . But to get to the root of why , I think ego probably plays a little bit part of this . Sales naturally has ego .

Aligning Sales and Marketing Teams

I think you often see sales feel do I want to use the word superior to marketing ? I don't know if that's the right word , but there's a dynamic it feels like where it's like marketing is just kind of like throwing shit at us . We're the people who know how to land business Like they just get in our way . Can you talk about like ways which ?

How do you get a marketing and sales team to work together ? Well , because I do think , as I just was talking about , there are these natural issues that exist that create friction and reduce collaboration .

I agree , based on what I read in the book , that the answer is a cohesive sales and marketing team , but getting there feels like a challenge just because of , I don't know , maybe it's the natural order of things of how these people are in these roles , or you know , the fact that sales seems so clear and easy to measure versus marketing , which , you know ,

before this book , I would have said , was impossible to measure . Now it feels like there are tactics to do so more effectively . But can you talk about that for a second ?

Speaker 1

Yeah , I think the first most important piece is the marketing team needs to understand the unit economics of the business . And I think in general , so as a generalization the marketing team of most brokers , carriers and freight tech companies are not aware of the unit economics , which is how much is each deal worth ?

What is my ARR per deal , my average annual run rate , right , my average annual run rate ? So , aarr per deal , how many do I need to hit the goal that leadership has told me that we need to hit , and how fast are they coming into the funnel and being closed ?

And I think if a marketer does not know that math , they do not belong at the table , and a sales team will not respect the marketer unless that marketer is bringing that math to the table . And so I think that's number one , and the marketers have to show genuine curiosity .

You have to actually care about what this math is and everyone needs to be aligned around the math . I talk a lot in the book about having a point of view .

It is okay if your point of view is different from the sales teams , right , like Facebook posts or just number of eyeballs on things versus things that are actually happening to prospects , to current customers and to future customers that are happening inside the sales funnel .

So I think , number one marketers really need to get their math together To get a seat at the table .

I think I also say in the book if I don't it's something I say a lot , lot to junior people is that finance is the language of the boardroom , and so if a marketer cannot put their deliverables and they can't put their value in financial terms , you're never going to get a seat at the table .

So I think the book is trying to guide marketers down that path . Do I think sales and marketing are ever going to be like kumbaya ? Absolutely not , but there are ways to do it . I think the second piece is leadership . Having really really strong leaders that understand that this is possible is also super important .

Walking into a company I do this all the time and seeing a sales leader who's like this has never worked , it's never going to work . Marketing's garbage right . All they do is send us stupid stuff like et cetera . Just , we just walk away . We're like no thanks . They also probably aren't going to hire us . But lastly , I think is , is , is the , is .

The leadership needs to understand that there is a portion of what sales brings in , that marketing touched Marketing is never going to take 100% attribution , and so I don't put attribution models in the book . But there are eight attribution models . Do I get 10% credit , 20% credit , 1% credit ?

Give me some amount of credit for getting our brand wherever it is right . We don't usually like to use the B word , but like marketing had something to do with you closing this deal . Am I going to take credit for , like , actually getting on the phone and closing the deal ? No , but give me like 10% of credit . And that comes from the leadership .

Leadership has to say , okay , we're going to get marketing first touch , last touch or the type of attribution model that we're going to use and that can be really hard .

Speaker 2

Yes , so there's an example you use in the book for Redwood . I assume if they're in the book I can use their name right .

Speaker 1

Yeah , it's published .

Speaker 2

Yes , you talk about how Redwood wanted to be more than a broker and they wanted to be a technology partner and thus became the , I guess , origination of the 4PL concept for them and you know , at your suggestion or through you guys , they developed .

You talk a lot about analyst relationships right as part of the early process and sharing good news and tracking and following up , tracking interest . Yeah , well done , and the analyst relationship piece I thought was really interesting and it all makes sense to me .

But what I was struggling with was what you were just talking about now with just how do you assign credit for a situation like gartner , for example , where it's like okay , great idea , get them in front of gartner , develop that rapport with gartner , and now you're on one of their special quadrants , whatever .

Um a year and a half from now , someone is considering a new solution for 4pl and they reached out to redwood because they see the gardener thing . You have no idea . They saw the gardener thing . Maybe I do know they saw the gardener thing . Sorry , I should rephrase and say they haven't . They didn't tell their salesperson hey , I saw you in Gartner .

They just said hey , I know about you guys . I'm looking for 4PL . So in those kind of situations , how do you get to a place where marketing can get the credit they deserve ? Because , even if it's not that specific example , I'm sure you understand the concept there that you do things and you don't know when it actually has its impact .

Speaker 1

So two answers to your question . The first is senior leadership has to decide how much you're going to attribute , and it's inside of these tools Salesforce , hubspot , et cetera you have attribution models and so literally the leadership has to make a call .

We're going to attribute 10% or 15% or 20% of the overall win of this to marketing , and you're right , sometimes it's kind of squishy , some Gartner relationships are kind of squishy .

Leveraging Intent Data in Freight

The second answer to your question is intent data , which I think is the sexiest thing to happen specifically to supply chain in a really long time .

Speaker 2

So is it okay if ?

Speaker 1

I take a little pause , and okay .

Speaker 2

You just made a very aggressive comment .

Speaker 1

I did . That was very aggressive .

Speaker 2

Listen , I love it , I support it . Let's talk about it .

Speaker 1

All right . So I'm going to tell you a little story about how to think about intent data .

Speaker 2

So in I think you have to start with what intent data is for the audience .

Speaker 1

Yeah , I'm going to tell this is the story , to help you understand .

Speaker 2

Oh , okay , sorry .

Speaker 1

It's okay . So it's kind of like a little experience here . So in November of 2026 , tim Cook , I believe Tim Cook is going to get on stage and it's going to be a normal Apple briefing and then he's going to drop the bomb and he's going to say Apple is insourcing their supply chain by 2030 . And the entire supply chain community is going to freak out .

Xpo and UPS and Geodes are all . What the hell's going on ? Ceos are going to turn to their chief of commercial and be like how did we not know Apple was insourcing their supply chain ? What the heck is going on ? Are we on the list to help them insource ? Who is going to get this Apple multi-billion dollar contract to help them insource ?

That did not happen that morning . Tim Cook did not wake up that morning and think oh , I'm just going to disrupt all of my supply chain partners and tell everyone we're going to do this . That decision was made by a Tiger team in Cupertino , california , who right now , in 2024 , are currently looking for WMS , tms , oms . How do I buy a fleet ?

Where do I put a warehouse ? And they are sending buying signals or intent signals into the marketplace . It is not Tim Cook who is doing this research . It's folks four or five clicks beneath him that are creating a report that's going to go up to their leadership team . The exact same thing is happening in every enterprise shipper across the country .

When changes happen inside an enterprise , these buying signals , or these intent signals , are being sent into the marketplace . Your next question is going to be what is that ? What are you talking about ? When they download a Gartner report , we can literally see it . We can see the individual , the IP address that downloaded the modern 4PL Gartner report .

So sometimes we can see the attribution to the Gartner relationship if we have intent sort of backing us up and all of our clients that are using an intent tool . So this is Sixth Sense Rollworks or Inrich these are kind of the three tools that we like the best Anyone who's using this tool are seeing outsized ROI .

It's basically the same thing as when you go to look for a fishing pole and it follows you around the internet for the next two days . We're just doing it at a B2B level . And enterprise shippers there's about 20,000 of them , right , 19,677 shippers in the US that matter like material shippers as they make changes in their supply chain .

Those signals are in the marketplace If you can pick up on those signals , you can be the first to solve that problem .

Speaker 2

And what you're saying is is if I start a new brokerage and I want to give my sales and marketing team the best chance to win , this is something I need to have .

Speaker 1

Hands down . And if you don't have it today , and if your current go-to-market marketing and sales team isn't asking for it , it's time to start getting it , it's time to start looking at it . This is going to shape the way that we go to market over the next five to 10 years .

Speaker 2

So to put my I guess contrarian hat on or ignorant hat on , whichever you want to use , I think there's probably a situation where um experienced , 15 year freight executive hears everything you're saying and says I'm trying , first of all , there's 20,000 of us nobody's googling to get a truck like we're not . You know , it's simple .

I just need to email the guy and get him to give me freight and like so do you get what ? I'm assuming , like someone would in our , they would dumb down someone might dumb down our industry . Our sales process to the guy needs trucks . I've got , I can get trucks . I don't need the intent data . He needs trucks .

He probably doesn't even need trucks because he's got a bunch of people giving him trucks . I just need to trick him into convincing or into giving me a chance to provide trucks . You know what I'm saying . Is the industry too dumbed down for this ? Is it too simple for the straight freight brokering ?

Or this still applies just as much and the ignorance is ignorance , that's a really good question .

Speaker 1

I'll tell you what I do know . I do know my clients are winning . I do know that they , and there's a piece of this that I didn't mention before , which is you really need to plant a flag . So this doesn't work in a traditional truckload brokerage setting , where you are willing to ship anything for anyone .

That is not the right vertical or it's not the right use case .

Speaker 2

Is that because the ICP is too vague and broad ?

Speaker 1

Yes , thank you for reading the book . Yes , the ICP is too broad .

Speaker 2

I'm ready for this test . I love it .

Speaker 1

You're like actually I'm not . I like this . This is amazing . I think you might be like the fourth person to have read the book you and my mom so thanks for that . The ideal customer profile must be tight enough , so it must be clear enough that you can tell this intent tool exactly who you want to get freight from .

And there's a piece that we mentioned in the book just a little bit , but which I think is also really sexy .

Speaker 2

There are three ways to make money in freight .

Speaker 1

One , keep your current customers and sell them more stuff . Two , steal freight from someone else . And three , do more of both . Right , like that's it Keep current customers or take some from someone else , like the . Keeping current customers is also super important , especially in 2024 , right ?

So the other way we use intent data is we load up the list of current customers and then we load up a list of your competitors and you can see when your current customers are searching for your competitors inside your intent tool .

And so if you have I don't know , you've got 5% of the John Deere truckload market in the Midwest and you want to go get 7% or 10% of that share of wallet . You know the other competitors that are also sharing that lane with you . That's how you get in front of this . You get in front of it because you're waiting for someone to make a service failure .

Right , there's no new freight . This is how we get freight in brokerage . You can see that inside the intense signals from your current customers .

Speaker 2

Are you essentially saying that if I want to haul for John Deere and I know that Mike Johnson is the director of transportation there and I know his email I plug it into the tool and moving forward , I basically know everything this guy Googles for the next eternity , or like ?

Speaker 1

I wish it was that direct Andrew . Like I wish the answer was yes . The answer is no , it's a lot more nuanced than that . The tools will tell you the most . The tools will tell you the most sophisticated tools will tell you the ip location of the people that are searching for specific things . Like they're . They're not going to tell you .

Like hey , like andrew silver yesterday was searching for a you know fishing pole on the cabela site , like that's it's not going to get that detailed , um , but it's pretty creepy . Like that's . It's not going to get that detailed , um , but it's pretty creepy .

Like it's pretty , it's pretty darn close sometimes , um , and I will tell you that if you don't use these tools , you don't get anywhere close .

Speaker 2

Yeah .

Speaker 1

Right so for sure even if it gets you 20 to 30% closer to knowing what's what it's really going to tell you is something's happening at John Deere . We'll give you a better example . So John Deere is surging . Someone at John Deere maybe not Mike , but someone at John Deere is surging on warehouse robots . What does that tell ?

Speaker 2

you something's changing yeah , something's going . He's interested in making advancements or trying to do something something .

Speaker 1

Someone's been tasked inside of the John Deere supply chain to change something , in which case that's your signal to say , hey , how's it going , mike ? You mean I don't call him and say hey , I know that you Googled . I don't recommend that it is super free .

Speaker 2

That wouldn't work .

Speaker 1

We can do it . Yeah , it's really weird . I don't recommend that you give it to your sales team and do that . But the short answer is yes , you're really looking for these breadcrumbs . You're looking for the breadcrumbs that are telling you something is changing .

And if you're waiting until the leadership gets on stage and says it , or if you're waiting for the annual report , you're late . You're late to the ballgame . So this just gets you a little bit closer . John Dawes , a professor in Australia , talked about the rule of 95 . The 95% of your buying market is not in market at any given time .

So you're looking for the 5% that are buying , the 5% that are making a change , the 5% who are interested because something is changing , and it's usually senior leadership or the board being like hey , let's go solve this problem , or let's not get held over a barrel by our broker , like we were in the pandemic , or let's make sure that our carrier base is

appropriate for what's coming . We're making a change . Right , you're just trying to get in front of the problem and these tools tell you . This is the 5% of this whole list who are actively engaging in some sort of research .

Speaker 2

So this is really hitting home , and mostly because I've been a sales rep my entire life and selling to shippers for truckload freight has got to be one of the most challenging things for standing out . I haven't sold anything else , but all I can say is it's really hard . I know there are 20,000 plus people emailing the same individuals asking for the same .

Initially was a little bit like , like you know , it's just , it's still just freight and it's truckload . But when I remember when I was doing my job and I was actually selling and I'm sitting at this fricking computer and think , okay , I want to get in with Lando Lakes and this is the exact customer I'm thinking of , how do I stand out ?

Like , how do I get this guy's attention ? What's going on ? And I'm going online , I'm reading reports , I'm going on his LinkedIn , I'm looking at where he went to college , I'm looking at any post he has ever done and I'm trying to understand , like , who is this person ? What do they care about ? What do they like ? What do they want ?

Is there anything that connects their business to mine ? Is there anything that we have to offer that ties to his interest whatsoever ? And you do it over and over again and like you strike out a lot . I mean you're just because you're swinging blind a lot of the time , or , if not blind , your eyesight's pretty damn bad . We got lucky , in fact

Strategic Flag Planting for Marketing

. I saw Uber did a commercial with Lando Legs . You know it was when Uber was spending a lot of money on a lot of things . It's a weird thing to do a commercial for a freight broker ? Listen , freight brokers' commercials don't exist .

Speaker 1

I know that's like okay .

Speaker 2

But they did it and I saw it . I was sitting in the office our first office in Molo at 10 o'clock at night when I saw it , the lights were off . I was by myself office in Molo at 10 o'clock at night . When I saw it , the lights were off .

I was by myself and I just sent an email to the guy and was like I saw the commercial and I just added some color . He responded in five minutes with a contract . It's timing , but it's finding the information and leveraging it .

What you're telling me is I don't need to spend as much time blindly surfing the internet because there are tools out there that will do a little bit of that for me and throw the data at me and say , hey , here are the three things you should probably talk about , am I ? Yeah , that's exactly right .

Speaker 1

And it's going to rank that list . So you had a book of 250 logos right , that was your list . 250 logos right , that was your list . And you had to hit those 250 logos every week at some point .

Right , these tools tell you the top 50 or the top 20 that should be hit this week Because something is happening inside their organization that is causing what they call a surge in account-based marketing . They call it surging . That's causing a surge . I'll give you a very specific example . We have a client .

They're in the warehouse space , so they do big box spin-ups and their intent data in their tool showed that we were surging . Their potential customers were surging on a robot provider , a single robot provider . Like 15 companies were all surging and looking at and researching this single robot provider .

Well , let's just go ahead and write a partnership press release about this robot provider .

Speaker 2

So we did .

Speaker 1

And we relaunched this press release about this partnership that had been launched in 2021 , to like no fanfare . And we moved five of those deals from awareness to opportunity because we were just paying attention to what these 15 accounts were really interested in at that moment .

And so the other piece , andrew , is like when you plant your flag , there's a couple of things . It doesn't have to be the thing that you do , so we'll use ITS logistics as an example . They're also in the book .

Speaker 2

Yep , I like the example you used in the book for them .

Speaker 1

Yeah , it's great . And so this planting of the flag is really successful for ITS . And so we walked in we said , hey , what do you guys do different than everybody else ? Turns out they do drayage at all 26 ports , which is kind of weird .

So we put together a very fun and exciting Port Rail Ramp Index , which is actually really damn sexy because it gets picked up now by CNBC , wall Street Journal , new York Times and Railway Age every single month and it's turned into a real revenue generator for them . But they planted the flag on drayage .

They're not like only a drayage provider , they're full service , end-to-end supply chain . But they picked one thing , and so we've been guiding our clients towards pick a thing .

If it's steel or produce or weird stuff , if you're the best at hauling weird giant pieces of metal , plant the flag on that , and that list , that ideal customer profile list , gets smaller when you plant the flag . And so your opportunity cost goes down . The opportunity cost by trying to hit all 19,677 shippers like you did when you were trying to do it .

It's so expensive . The customer acquisition cost on that is outrageous . Let us get you a little bit closer . Cut down the opportunity cost around the funnel and get your reps a little bit closer to closing the deal . And then back to your original question you start to do this for the sales teams and they start to ask for the marketing leads right .

They're like , hey , I need some marketing . Like like , where are my leads Right ? So we just did this . We had a QBR yesterday with lean , lean solutions as a client . And we put $22 million in their bottom line . Andrew and I asked for permission . I can share it with you 22 million in their bottom line in seven months using account-based marketing .

It's insane . The other example is ODW . They're a warehouse logistics , a 3PL warehouse specifically , and they're based in Ohio . 40 million in pipeline in 60 days . 40 million in pipeline in 60 days . All of these examples are using intent data for a small group of shippers that need a very specific thing fixed . These shippers have a specific pain .

So back to your question on like hey , if you were to spin up a brokerage tomorrow , should you use this ? Yes , you should , everyone should be using this , but you do have to pick a lane . It's really hard to do it for produce and steel and CPG and like it's . If you don't pick a lane , it's kind of like an inch , an inch deep and a mile wide .

Speaker 2

So two questions . I get the idea of planting your flag and I'm curious , you know you certainly wouldn't want 10 . And it would be hard to you know , you said produce and steel , but and there's , you know .

I get the idea that there's riches and niches and you want to have the niche and you want to be known for something , but you don't want to be too narrow . So , like I am curious , are there ways that companies could have multiple , that they're targeting at different times , right ?

Okay , for example , you know we start in Q1 , as winter's winding down , we start to plant our produce flag , knowing that by April everyone's going to be looking for produce providers , and then by August we start to plant our retail peak season surge flag . That concept can work right , where you're situationally planting flags .

Speaker 1

Absolutely . I think the sales leadership or the go-to-market leadership has to kind of decide what you're going to spend your energy on .

There are very few brokerages that are big enough , or carriers or freight tech companies in our space that have the kind of resources that you need to really truly plant a flag on more than like two or three things okay , like its has a really big marketing team . There's like 12 or I think it was seven or eight people on their team plus us .

And there's two indexes we do . We do the Port Rail Ramp and we do the Warehouse Index . I think the Redwood also has a cross-border index we've been doing for a while . It takes a lot of energy and resources to really truly own the economics of a market and convince shippers that you're the expert and there's a little bit of a risk you run .

I think if you're smaller , right , like the CHs and the UPSs of the world , the XPOs of the world they're everything to everybody . But if you're smaller , there's a little bit of risk you run by doing too many things in a calendar year .

There's also the risk of random acts of marketing or what you feel to the marketplace like random acts of marketing , right Like your leadership team or your CEO . Posting a LinkedIn post once a quarter on your new initiative is not a strategy . That's a random act of marketing .

So there's a pretty delicate balance , I think , between executing this strategy and just kind of shooting in the dark .

Speaker 2

Yeah , because I feel like in a lot of , I feel like I spent a lot of time personally developing random acts of marketing . I'm sure you did .

Speaker 1

I feel like I spent a lot of time personally developing random acts of marketing .

Speaker 2

I'm sure you did . It's where you spend the time looking at the market and you realize there's a hole here and I can fill it .

So you're like I'm going to plant a flag here , but it's probably well thought out in the sense that I know we can get some customers with this , but it's not fully fleshed out where we're tracking any of the results and following up down the road . It's like this is what my ADHD brain is thinking about for two weeks .

So we're going to go say that we do this because we can and let's see what happens and it works and we get some customers , and then a month later it's let's talk about this thing , something else .

So I guess how do you find the balance Because I feel like that is true of organizations that don't have strong marketing presence is you just get the sales minded folks who love the random acts of marketing ?

Marketing Team Challenges and Resilience

Speaker 1

I think it's leaning on a really strong marketing team , right , that's going to tell you no . I think that's one of the things that we do at the business which we haven't mentioned , which is called lead coverage .

Speaker 2

But the business . It's okay , it's hard . Listen , we're going to do this twice . We haven't talked about you and your life at all and I wanted to do that . It was a lot , but this stuff is so interesting , all the marketing stuff , I could go forever .

Speaker 1

That's good . So at the business , at lead coverage , we tell our clients no , a lot like probably more than you think that we would and we'll tell people hey , we don't do things that don't deliver revenue , so we would prefer not to write your sell sheets , fix your website or make cold calls . None of those things work to drive revenue .

So instead I'd like to do X , y , z , because I know that work to drive revenue . So instead I'd like to do XYZ , because I know that this will drive revenue . Here are the three customers that I can show you where we've driven all this revenue . So if you stick with me , I promise you that we'll have revenue .

And nine times out of 10 , we do right , unless they are the problem , which also sometimes happens but nine times out of 10 , it works . So if you have a strong marketer on your team or like blatant shout out , you can hire us , but like someone should be telling you , no , that's not going to drive revenue .

And if your marketer isn't telling you that , it's probably because they're a quote , unquote marketing girl and they're just doing what they're told . And that's probably what you had when you were coming up . You had , you know , really nice women that were happy to do what they were told . And you told them to do the thing , and so they did the thing .

Speaker 2

And then you got another crazy harebrained idea and so they did that right and that's not .

Speaker 1

You know those aren't sustainable , and so your marketing person should be telling you no , or they should be telling you that's a great idea . You should go , do that . I'm going to stay doing this thing that I know will drive revenue , and let me know when your thing works or doesn't work .

Speaker 2

Great , Do you know what the number one thing I would guess executive teams tell the marketing girl to do when they don't know how to run a marketing team ?

Speaker 1

No , I want to know what you think . Tell me .

Speaker 2

Culture . Yeah , culture is such an enigma to me it , it's , but I know , I'm , I , I , I definitely I can .

When you said that when you were in the marketing girl , they tossed culture at you too , it resonated because you look at , you're like okay , I have this marketing person to do the marketing stuff , but I don't know what the actual marketing stuff is supposed to be , and they're new , they don't really know .

And so eventually you're like okay , make the sell sheets post on the LinkedIn for us . And they're like well , this isn't taking up a full day , take on culture too and make sure people are having fun .

Speaker 1

Yeah , Make the holiday party , plan the happy hour , do the things . That was what I did at Echo . I had a blast . It was so much fun , but I wasn't providing any value like revenue , different value . Yeah , different value , that was valuable .

Speaker 2

It wasn't marketing value .

Speaker 1

That was value in what I was doing , but I was never going to get a seat at the table because I wasn't delivering financial value that I could tie a number to to say , hey , this is where I am contributing to the bottom line , not just contributing to culture , which is definitely important , but now we have the tools where we can do it .

So we should be holding our marketing teams to a different standard because now they have , you have access to all these tools where you should be able to hold your marketing teams to these KPIs .

Speaker 2

Yeah , I mean , I just want to make a call out to any of the brokerages that might be listening to this that are probably in the range of 20 to 250 or 300 million . If your marketing looks like what I just described , you should call Kara , because that's what our marketing looked like for a long time . And that's not marketing .

It's managing social media and some other things , but it's not . You know , having now officially read this book , I know that that is not what marketing is supposed to be and there's a better way .

Speaker 1

I'm so glad that you took that from the book . It was such a labor it has taken so long . We have a whole chapter approved by Gartner , which is crazy . We've had like other people help us write this thing . There's a bunch of case studies in it and the fact that you like , really like , took something away from it just makes my heart so happy .

But also like thanks for finding value in like all the energy I put into this thing .

Speaker 2

I mean , you could feel the energy . You could feel it , so I'm glad you did it . Let's talk about the book for a second . I mean we've been talking about the book , but let's talk about writing a book Like you wrote a freaking book . How hard was that .

Speaker 1

So I've done hard things , I've done an Ironman , I've had two children . This was top three . This is this was top three . This is probably . You know , it was really hard . I don't recommend it . If I'm super honest , I don't think I'll do it again . It was , uh , it was , two years , of course it's also .

It's not like a memoir , right , like it's not like a story of my life , like there's math in this book , there's exercises to do , there's , you know , other people's contributions . We had to get a lot of folks to approve it , uh , but it's a real book . It's 250 pages , it's got source content . It feels really good .

It feels really good to have it done and to have people like you find value in it , because you're always worried , right , you do this thing and you worry like , oh my God , someone's going to think this is trash and there are people that will think it's trash and I'm okay with that . It's coming for me , um , but yeah , it's great . I'm I'm thrilled .

I'm thrilled that it's out . It's . It's available for pre-order today when we're taping this , um , and available in a couple of weeks .

Speaker 2

Talk to me about that comment , though , that you know people . Some people will think it's trash and that's coming for you . Why do you say that ?

Speaker 1

I think anytime you put yourself in a position of I think I'm a thought leader or I have a position worthy of 250 pages on something , someone is going to call you on your bullshit , right .

Like someone is going to say this is not worthy , or I don't agree , or you know , like there's a lot of people in my wake , I guess , is the right answer Leading up to this moment that are going to say , like you know , she's full of it , or these aren't her ideas , or it's not good enough , or I expected more from her , right .

And so I think anytime , especially I tell my team all the time digital , this is good for your audience too . Anything digital can be fixed . So perfection is the enemy of progress . Good just finished is better than perfect . When it's digital , right , just get it out there . You can always change it . Printed is a whole different deal .

So it's loaded and it's ready for people to judge me Like you put this piece of thing out there and say this is the best I can do , this is the best . And if someone doesn't like it , this is the best . And if someone doesn't like it , it's kind of personal , right , you're like this is the best of my life right , it's like a baby .

Speaker 2

So how do we navigate those negative thoughts , insecurities , feelings of others , judgment ? How do we persevere past that ? How do we not let it debilitate us or prevent us from doing the hard things or doing the things that we want to try to do ?

Speaker 1

I don't know . I think people like us , andrew , are made of grit and resilience .

I mean , I listened to your solo podcast and it was so brave , and anyone who's putting themselves out there either on a podcast that can be downloaded and listened to by other people over and over and over again and picked apart right , your kids could listen to that , your grandkids could listen to that , right .

It's kind of the same way about a book that this is a piece of content that will live on forever and at some point you just have to be kind of gritty about it and put it out there and be okay with it . I have a bit of a chip on my shoulder .

There's a bunch of stats around this , but they're all around the 2% number , so less than two that's less than two women A little bit , a little bit , but it's a couple of things too . So less than 2% of female founders will break $1 million in revenue . So that's a crazy small .

It's actually 1.7% of all women who start businesses will ever break a million dollars top line . The number of women who break 10 million is statistically irrelevant . They don't even track it . Then the number of people on the planet that are an Iron man is less than 2% .

It's actually around an area of 2% , and apparently Forbes told me that we're already in the top 2% of all books on Amazon and it hasn't even come out yet . So excited about that .

So there's a little bit of a chip on my shoulder about like this kind of doing hard things because they're hard and usually it's because someone has told me that I couldn't do it and I'm like all right , watch me so I think I'm the same way .

Speaker 2

I think that I'm , frankly , I love doubters and they provide a source I was thinking about this the other day of like a I don't know if repository is the right word but like we build up a bank of motivational dopamine and we do it through people who doubt us .

And we do it through people who doubt us and it's like sometimes they're not even necessarily doubting us in the way that we manipulate in our minds and it's okay , it doesn't matter . It's just about creating a source of motivation that we can carry with us to get through anything .

And so I have these situations that go back I mean 10 years , and they're such meaningless situations for anyone other than me . But like I think about them and I go back to them . One , specifically , that I'll bring up is just so ludicrous . When we were moving from one office to another at Molo , we were a 40 person company .

At this point , it was mid 2018 . So we were almost a year in and we had a 2000 square foot box of an office above a bar in river North Chicago . And you know , it's a hundred . One person per a hundred square feet is the general rule , and so we can only fit 20 people in there . We found a way to probably scram 25 in there . Plus we got a little .

We work and then Matt and I would go and see new offices , and so we go find this office at 303 West Ohio . In fact , paul Loeb's company is now in this building that we were looking at Avenue Logistics and the seventh floor . I loved it . It was all water , 7,000 square feet .

It was beautiful and we were going to sign it and I thought we were getting it . The day like what I thought was the last meeting , where Matt and myself and our real estate broker went to the building to meet with the folks from the other side and there was a new guy in the room . And it's this guy I'd never seen before .

He's got a faux hawk and like he just starts grilling us with questions about our business and he's like can you tell me about this ? Can you tell me about your growth ? Can you tell me about your revenue ? Can you talk about these customers ? And I'm looking at my real estate broker , like what the hell's going on ? Aren't we signing it ?

Aren't we like , done here , like this ? And then he proceeds to say like listen , so keep in mind , we're a year old , we've got 40 people , we want a space that only fits 70 people . And he's like listen , here's the deal , like we're not sure you guys are gonna make it , and like be able to carry , like fully fit in this , this space .

And I want to show you another space that I think makes more sense . It's 3,500 square feet . It's actually R Kelly's old studio , which I'm like why the fuck would I want that ? But he's like 3,500 square feet . We think it's more in line with what you guys are doing with your business .

Overcoming Doubt and Achieving Success

I got up and walked out of the fucking room .

Speaker 1

I don't blame you .

Speaker 2

He went to take us to the R Kelly studio and I just walked back to our office . He to the R Kelly studio and I just walked back to our office , like where are you ? And I was like I left , I'm not doing a shit . Fuck that guy , fohawk . I'm not going to forget Fohawk . It's been six years when we went .

We went and then got a new space for 8,000 square feet Within three months . We had to add the other 7,000 to get to 15,000 . I mean 600 employees four years later . It's like all right , faux hawk .

But what I'm saying is like I thought about that guy sometimes , when I was down and not feeling great , I would think about that guy and like I think there's like this . I don't know if everybody does it .

I think people should figure out a way to do it because it can be a great source of motivation to build up this kind of bank of memories of people doubting you . Does that resonate Every time ? To build up this kind of bank of memories of people doubting you Does that resonate Every ?

Speaker 1

time . Oh , my God .

Speaker 2

Andrew .

Speaker 1

Every time I've had to fire a mediocre man which has been relatively often in my tenure as a CEO he has said something to the effect of , and I'm paraphrasing multiplied by five to 10 of these guys , you will not be successful because of your personality .

You are the problem and the business will fail because of you as a human being , and you will never do what you say you're going to do and you're never going to write a book . It's never going to happen . You're a failure , like every single time .

Part of me wants to send a book to every single one of these guys , and part of me is like just really wants to tag them all on a LinkedIn post and be like how do you like me now ? How do you like them , apples ? And the other part of me , andrew , is like I'm the one laughing . Right , I have a really successful company . I'm so happy .

I love what we're doing . We are really bringing new and innovative ways to do business to a $2 trillion market that , historically , just is behind when it comes to great marketing and sales tactics . Right , we're bringing new tech . Like the ROI for our clients is out of control . I'm making jobs .

I'm helping them make jobs , like the more revenue that we help our clients achieve , the more jobs they can create , and so I absolutely feel this deeply . Another really quick story is I did an Ironman in 2009 .

And the reason I did an Ironman in 2009 is because a guy that I had a crush on in high school after college told me that I was not athletic enough to do an Ironman Like to my face at a bar in Wrigleyville . Well , you couldn't do an Ironman , you're not athletic enough . And I was like , okay , let me sign up for it right now .

And I did , and so this very deeply motivates me .

Speaker 2

And my team actually knows it .

Speaker 1

They'll do things like tell me I can't do something just to watch me do it . So it's a really good way to let my children know this too . They'll like tell me I can't do something just to get whatever they want uh , you can't , you won't buy me mcdonald's right now , right exactly , you're not a cool mom .

You won't take us to wendy's , and I'm like no , why are you going to wendy's , right ? Um , but yeah , it's , it's a serious motivator . I actually I closed , uh , my husband and I literally said that this was a great story in the book .

Speaker 2

Yeah , how is that coming ?

Speaker 1

Really . So I did Ironman I'll keep it short and my now husband says to me we will get engaged after the Ironman . So I heard at the finish line of the Ironman Obviously I was a 26-year-old girl , I was ready to get married and there was no ring at the Ironman .

Obviously I was a 26-year-old girl , I was ready to get married and there was no ring at the finish line . A week later we IPO Echo . It's all the same month and so I now have done an Ironman . I teach spin class in the basement of 600 West . I have a really strong career . I've done an IPO .

I made 10 out of 10 , andrew on the Chicago dating market career . I've done an IPO . I made 10 out of 10 , andrew , like on the Chicago dating market , and I worked at a freight brokerage . Like I got like , like what , I got pick of the litter , right . Like , if I need to like go find a husband , I can .

So , hey , buddy , if it's not you , it'll be someone else . So he's like , okay , okay , stop freaking out , I will , we'll get engaged . So I did what every girl would do and I booked the church . So I booked my parents' church .

Speaker 2

To be clear , him saying we're getting engaged , we'll get engaged was not him offering you a ring or asking you to marry him . He did not actually propose . I had no proposal .

Speaker 1

That's right . So I called my parents' church and I booked the church and the priest said congratulations . And I said we're not engaged , but if this doesn't get it over the finish line , it's okay , you can keep the a hundred bucks , like it's cool .

And so I took the receipt for the church the eight and a half by 11 piece of paper and I put it on my refrigerator in my house that I owned and I took all the magnets off the fridge and he came over one night and he was like hey , what is this on the fridge ? And I was like , oh , I forgot to tell you I booked the church for my wedding .

And he's like what wedding ? And I'm like my wedding in 268 days and if you're not going to be there , I will sell this to the highest bidder . But this is the next thing on my list of things to do , and if it's not you , it'll be someone else . So I had a ring two weeks later and it's like a great story .

And to this day he would tell you that he would have waited another like two or three years . He was in no hurry , but I was like I had things I wanted to get done , right . So , yeah , actually I don't usually share this part , andrew , oh yeah , but I will with you and all of your listeners , thank you .

When I first met him there the very first night , I met him and I brought him to my girlfriends . One of my girlfriends told me he is too good looking for you . So if I bring this full circle , getting my nuclear engineer fitness model husband to marry me may have been full circle to just prove her wrong . Now that I really think about it .

Speaker 2

Don't tell him that .

Speaker 1

It's okay , she's not afraid . She won't listen to it . Don't tell him that it's okay , she's not afraid she won't listen to it , but that's good .

Empowering Women in Male-Dominated Industry

Speaker 2

Let me ask you this what advice do you have for other women in this industry who want to be confident , who want to say what they mean , mean what they say and have a voice and be type A and know that , like you have , countless times you will be called out for that in a negative way , and that's a hard thing to just accept , knowing that 90 , this is a

guess , but 90% of the decision makers in this industry are probably male , or 80 at least , and you've said a number of times on this podcast , and you've said it to me before , that you deal with that a lot , and part of what makes you you is you and your personality , your type A . You say what you mean , you go get what you want .

You don't give a shit what's in your way , you're going to go make it happen , and those are phenomenal characteristics of a leader . It's bullshit that when you tag woman to that , it then becomes a potential negative feeling for people . But and we could spend all day trying to fix that , but I can't fix that we certainly aren't going to fix that right here .

So you know , you have a voice and you have an opportunity now to speak to women who , I think , hear your story and probably it resonates and probably want to emulate it or follow that path . What advice do you have ?

Speaker 1

My advice is to back up your point of view with math . I think you will not get a seat at the table like we've mentioned now a couple of times on this podcast without having the financial math , like understanding the unit economics of the business , your impact to the bottom line and what that really truly looks like .

If you don't know that math , you've got to have a point of view . Just being in the room isn't enough for us , I mean , and being in the room isn't really enough for men either . Like if you really think about it , like you're not , you're not going to invite someone to the table just because you want another head at the table .

Like you're going to be at the executive suite because you are contributing something and specifically you're contributing to the bottom line , and so I think it does take more work . We have to work harder . If I were a man , I would probably be three times as successful and people would have taken me seriously a long time ago .

I think it's taken seven or eight years for people to sort of be like oh , this is real and this woman is real . Ears , for people to sort of be like oh , this is real and this woman is real . And my background , my actual history . Like Echo , seiko , geotis , I have a lot of really strong legs in the space .

I know a lot about the space and I spend a lot of time here . But even now I have to back up our position all the time with data . We are constantly proving our value with data and I'm either really really smart or I'm really really fortunate , or a little bit of both .

We're just a little bit lucky that what we've been doing for these clients and for the industry as a whole is working right , and so I think for women we do have to work a little bit harder .

But if you can bring the math to the table , if you can prove that you are contributing to the bottom line or you have a plan to contribute to the bottom line , or you even just understand the bottom line and you can have a material conversation about how the business is run and the levers that the leadership is pulling to grow or scale , it's a difference

between just being in the room and listening and absorbing . So back up your point of view with math . I think We've got to work a little bit harder .

Speaker 2

Yeah , the math is an interesting comment . There's something you wrote that I wrote down . Every leadership team says they want to make data-driven decisions . However , most companies are still run by someone's gut . Scale is a sexy word , but the math behind that scale is often elusive . I thought that was really . That stuck me .

You can tell all the problems I had in running my business .

Speaker 1

I was going to say that wasn't actually targeted at you when I wrote it Wow you sure , because this gut feels like it might have been .

Speaker 2

Because this gut feels like it might have been , so I don't know . I just that comment resonates because it does . You know , from my own experience I think great leaders are taught to trust their gut and it takes us far .

But as you do get to that word scale and like things start to get bigger than one or two or three people's gut can effectively manage to , to take you somewhere , and I , just for me at least . I know we're running up on time here , but I will say the book has certainly opened my eyes to a world that I was not I guess was was ignorant to previously .

And there's just a ton of opportunity if people are able to put their ego in check and and figure out a way to work between sales and marketing to to get to a um , really actionable future for for the business .

Speaker 1

So I'm so grateful that you liked it I uh and that you're sharing that you like it . I suppose if you had me on here and you didn't like it , it'd be weird if you told everyone that you liked it and you didn't , because I think people ask me like why did you write it right , like beyond , like the 250-page business card , which is obvious .

I really wish that I had had this in my career . Like I wish I had had this playbook at Echo or Seco or Geotis , like that I had had an opportunity to say to my boss like hey , we're going to follow this playbook . This lady wrote this playbook and I'm going to follow this and I think it's going to work . If it doesn't work , we can change it .

But at least this is where I'm going to start and have those leaders be like all right , like this seems reasonable , like this person seems like she knows what she's talking about . So feel free to follow this plan and see if we can get there .

And I think , if people do like 25% of the last third on measurement of like measuring volume , velocity and value , if you just like , touch that a little bit and find a way to measure a little bit of what's happening in the pipeline . There's a lot of value to be had just for measuring more than we do today .

We systemically do not measure enough in late and break Like we just it's just there's , a lack of measurement .

Speaker 2

Yeah , I think everyone would agree with that . So well , we're out of time .

Speaker 1

This was so fun . Thanks so much for having me .

Speaker 2

Thank you . It was kind of I've we never really gotten to like your life enough ? I feel like it was hard . It's these things are . I mean , I just read a whole book , so like it was hard not to just want to talk about the book a lot . But we'll probably have to do this again and just talk more , cause I enjoy it . There's a good story .

Speaker 1

That's a good story in the career that I'm ready to tell you when you are ready to hear it for sure , okay , yeah .

Speaker 2

All right , friends . Well , that's all we got this week , so thank you and have a good one . See you soon . Thank you .

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