Welcome to The Remarkable CEO Podcast, a show hosted by Dr. Pete Camiolo and Dr. Stephen Franson. In this episode, Dr. Pete and Dr. Stephen identify the three characteristics that differentiate a job from a business – scalability, durability, and transferability. By doing this, they provide in depth analysis on the first step of how to create a remarkable practice as part of a remarkable life, not instead of one.
01:33 – Introducing today’s topic, transitioning from a job to a business
03:45 – The three characteristics that differentiate a job from a business
04:03 – Scalability
05:53 – The Tower of Babel example
12:17 – Letting go of control without sacrificing quality
15:01 – Durability
20:09 – Transferability
21:01 – Transferring authority
22:46 – The cultural shift of transferability
24:39 – The two-step process of creating a remarkable practice as part of a remarkable life, not instead of one
EPISODE QUOTES
“I think clarity is where transformation and breakthrough live as well.” (02:50)
“Scalability means that you have learned how to leverage. Leveraging systems, people, processes, technology, and communications.” (08:15)
“When you let go of control, you’re not sacrificing quality. This is key that you’re not sacrificing quality…what happens is, over time, you get quality and quantity increase.” (12:22)
“And so for transferability, we have to do two things. There has to be an empowerment process and there needs to be an equipping process. You have to do both.” (21:22)
LINKS MENTIONED