In this constructive episode, David C. Olcott, CEO of Samurai Success, shares how to move from reluctant manager to effective leader in stage 3. If you feel frustrated managing people, overwhelmed by constant questions, and stuck wearing too many hats, you won't want to miss it.
You will discover:
- Why managing people directly creates constant frustration and burnout.
- How to build systems that allow your team to self-manage and scale sustainably.
- What role distinctions you must master to lead without losing your identity.
This episode is ideal for for Founders, Owners, and CEOs in stage 3 of The Founder's Evolution. Not sure which stage you're in? Find out for free in less than 10 minutes at https://www.scalearchitects.com/founders/quiz
David C. Olcott is the founder, president, and CEO of Samurai Success, Inc., an international executive, organizational, and personal coaching firm headquartered in Denver, CO. David has poured the wisdom he has gained from 35 years of coaching into the trademark Samurai Success coaching system, which provides a proven roadmap for success. David’s clients become more purposeful, and their businesses become more sustainable and profitable. David is truly in the service of others, helping them create a successful life, meet their destiny, and leave a legacy of their own.
Want to learn more about David C. Olcott's work at Samurai Success? Check out his website at https://samuraisuccess.com/
Connect with David through his LinkedIn at https://www.linkedin.com/in/david-c-olcott-1107bb1/
Get a copy of his book Swords of Illumination at https://www.amazon.com/Swords-Illumination-David-C-Olcott/dp/B0CF4CXVHJ
Mentioned in this episode:
Take the Founder's Evolution Quiz Today
If you’re a Founder, business owner, or CEO who feels overworked by the business you lead and underwhelmed by the results, you’re doing it wrong. Succeeding as a founder all comes down to doing the right one or two things right now. Take the quiz today at foundersquiz.com, and in just ten questions, you can figure out what stage you are in, so you can focus on what is going to work and say goodbye to everything else.
Hello, hello and welcome. Welcome once again
Scott Ritzheimer:to the start, scale and succeed podcast, the only podcast that
Scott Ritzheimer:grows with you through all seven stages of your journey as a
Scott Ritzheimer:founder, I'm your host, Scott Ritzheimer, and today I want to
Scott Ritzheimer:talk to those founders out there who are experiencing the
Scott Ritzheimer:identity whiplash that comes with leadership. Because if
Scott Ritzheimer:you're a founder, you've probably created success by
Scott Ritzheimer:being the person who made everything happen. You were the
Scott Ritzheimer:closer. You were the problem solver. You were the one that
Scott Ritzheimer:clients wanted to work with. But as you do that and you get more
Scott Ritzheimer:and more clients, you need more and more help. At some point you
Scott Ritzheimer:wake up, you've got 567, maybe 10 or even 11 people. You've
Scott Ritzheimer:hired a handful and and those people, they just ask questions
Scott Ritzheimer:all the time. They they need things all the time, and it
Scott Ritzheimer:leaves you frustrated, and what I call a reluctant manager. And
Scott Ritzheimer:it's it would be one thing if it was just a business thing, but
Scott Ritzheimer:it's very personal as well. We start to look in the mirror and
Scott Ritzheimer:wonder what we've become. And here's what makes this so
Scott Ritzheimer:difficult. It's that the sense of self that you had being
Scott Ritzheimer:wrapped up in being the expert, being the doer, the one who
Scott Ritzheimer:delivers results, is now not where you get to spend most of
Scott Ritzheimer:your time. Most of your results come through other people, and
Scott Ritzheimer:here to help us navigate this space in a very, very clever way
Scott Ritzheimer:is our guest today, the one and only David C Olcott, who is the
Scott Ritzheimer:founder, president and CEO of samurai success Inc, an
Scott Ritzheimer:International Executive, organizational and personal
Scott Ritzheimer:coaching firm headquartered in Denver, Colorado, David has
Scott Ritzheimer:poured his wisdom that he has gained from 35 years of coaching
Scott Ritzheimer:and into the trademark samurai success coaching system, which
Scott Ritzheimer:provides a proven roadmap of success. David's clients become
Scott Ritzheimer:more purposeful and their businesses become more
Scott Ritzheimer:sustainable and profitable. In throughout the process, David is
Scott Ritzheimer:truly in the service of others, helping them create a successful
Scott Ritzheimer:life, meet their destiny and leave a legacy of their own.
Scott Ritzheimer:David, you've got this really cool business model, but you
Scott Ritzheimer:also have a very interesting route to explaining it. Tell us
Scott Ritzheimer:a little bit about the swords of illumination.
Scott Ritzheimer:David C. Olcott: First of all, Scott, thanks so much for having
Scott Ritzheimer:me on board. Brother, I just I know it took us a while to get
Scott Ritzheimer:together, but, man, I'm really excited about being here and
Scott Ritzheimer:having this conversation, especially with your tribe and
Scott Ritzheimer:your audience. Swords of illumination, Samurai success.
Scott Ritzheimer:Boy that started so many years ago, when I was just I was a kid
Scott Ritzheimer:in Bible school, if you could believe that. And our pastor
Scott Ritzheimer:said to us, he says, If you really want to live a
Scott Ritzheimer:meaningful, purpose driven life. And I remember I was nine years
Scott Ritzheimer:old. I remember the time he says, If you really want to live
Scott Ritzheimer:a purpose driven life, then you have to understand about the
Scott Ritzheimer:greatest life you can live is being in service of others. Wow.
Scott Ritzheimer:And it hit me in such a way now nine years old, of course, it
Scott Ritzheimer:didn't, you know, change my life and and stuff like this. But as
Scott Ritzheimer:I grew up and I got involved in sales and business and stuff
Scott Ritzheimer:like this, I actually read a book called samurai selling. And
Scott Ritzheimer:in that book, it said the word Samurai, loosely translated,
Scott Ritzheimer:means in service of others. Wow. And I took those two events
Scott Ritzheimer:mother and pushed them together into creating samurai success.
Scott Ritzheimer:Because I was like, what if a business owner truly understood
Scott Ritzheimer:that they have a boss, that's the marketplace, and that really
Scott Ritzheimer:isn't just an individual consumer. I'm talking about a
Scott Ritzheimer:group of customers called the marketplace, and you could truly
Scott Ritzheimer:be in service to them. What would a business look like if
Scott Ritzheimer:you develop that business service philosophy, principle
Scott Ritzheimer:based upon no matter service or product you're selling, but if
Scott Ritzheimer:you had that principle and that philosophy, what would a company
Scott Ritzheimer:like that look like? And that's what's thrilled me the last 35
Scott Ritzheimer:years.
Scott Ritzheimer:That's fascinating, because folks who
Scott Ritzheimer:listen to the show will know the root of the word entrepreneur is
Scott Ritzheimer:to go between and so fascinating. How similar those
Scott Ritzheimer:are. Samurai is much cooler. I think we should just all call
Scott Ritzheimer:ourselves samurai instead of entrepreneurs now, but I love
Scott Ritzheimer:that. All right. So there are these, what you call swords of
Scott Ritzheimer:illumination, and those are specific things that you outline
Scott Ritzheimer:in the book. And so I'm wondering if you could just kind
Scott Ritzheimer:of walk us through. We may not get to all six of them, but
Scott Ritzheimer:let's just start at the top and work through these. And how
Scott Ritzheimer:someone who's in this reluctant manager stage, who's who's
Scott Ritzheimer:learning to, you know, to thrive within their market, you know,
Scott Ritzheimer:to please their new boss, or 1000 of them. But also, you
Scott Ritzheimer:know, get this ragtag group of folks around them, all moving in
Scott Ritzheimer:the same direction.
Scott Ritzheimer:David C. Olcott: So it's an interesting I love that you have
Scott Ritzheimer:a step seven step phase that you talk about with your podcast.
Scott Ritzheimer:And I've chanced to see some of those things. I really love
Scott Ritzheimer:this. And we're at number three, this reluctant manager you talk
Scott Ritzheimer:about, which is so perfect for what we do at samurai success,
Scott Ritzheimer:because so many of our clients are great entrepreneurs and
Scott Ritzheimer:they're great technicians, but they're really not good
Scott Ritzheimer:managers. And what we mean by that is that we have the title
Scott Ritzheimer:of manager, we have the paid grade. As a manager, but we
Scott Ritzheimer:don't really understand what a manager means. And in our world,
Scott Ritzheimer:Samurai success, you can have all those things, but if you
Scott Ritzheimer:don't understand the five fundamentals of being a manager,
Scott Ritzheimer:being organized, understand how to plan, how to really lead
Scott Ritzheimer:through a system. And that's probably the biggest
Scott Ritzheimer:differential that we make at samurai success, is because most
Scott Ritzheimer:management concepts that are out there today talk about managing
Scott Ritzheimer:people. We do not do that. Scott, we we stay away from
Scott Ritzheimer:that, because I will tell you, if I took control of you and
Scott Ritzheimer:manage you for the next five minutes, you know, how long
Scott Ritzheimer:would that last? It's just not going to last. So people.
Scott Ritzheimer:Managing people is a outdated concept and has been a long
Scott Ritzheimer:time, but managing a system that everyone buys into. That's the
Scott Ritzheimer:game changer, and that's how automation scalability comes in,
Scott Ritzheimer:because if I have to deal with all those personalities and all
Scott Ritzheimer:those questions you were asking about earlier, it's going to
Scott Ritzheimer:drive me crazy. I'll never be able to do that. So I have to
Scott Ritzheimer:replace all that with a structural system that allows
Scott Ritzheimer:for people to answer those questions on their own, set of
Scott Ritzheimer:standards, set of policies, principles, and those things are
Scott Ritzheimer:doable if you really understand your business and the system
Scott Ritzheimer:that you want to create and the outcomes you're after. Once you
Scott Ritzheimer:have hacks, then you can get on to the fourth one, which is
Scott Ritzheimer:really about understanding the controls of that system and then
Scott Ritzheimer:staffing most models that are out there today, talk about,
Scott Ritzheimer:let's put the people in the seats first. Good to Great. Is a
Scott Ritzheimer:great example of that that says, hey, you know, go find the right
Scott Ritzheimer:people and then put them in the right seats. Listen, that's a
Scott Ritzheimer:company that has billions of dollars of debt. That's stock,
Scott Ritzheimer:people, you know, debt stuff that you can go and get all this
Scott Ritzheimer:money and have all the small, medium sized business. We can't
Scott Ritzheimer:do that. We've got very limited resources. So the idea here is
Scott Ritzheimer:that let's go build the system. First build the bus, know what
Scott Ritzheimer:that seat looks like and the characteristics that fit that
Scott Ritzheimer:seat, and then let's go hire the people for that seat. So it's a
Scott Ritzheimer:very different way when you're a small, medium sized business
Scott Ritzheimer:that you have to approach business to really be
Scott Ritzheimer:successful.
Scott Ritzheimer:Yeah, it's so true. It's so true. I love one
Scott Ritzheimer:of the things I'll say is, you know, there's not a founder. And
Scott Ritzheimer:tell me if you've met one, maybe you have, but I've never met a
Scott Ritzheimer:founder who their reason for starting the business was to
Scott Ritzheimer:manage a handful
Scott Ritzheimer:of people. Yeah, it's just, it just, there's easier ways, you
Scott Ritzheimer:know, there's easier ways. And so I love, it's a really hard
Scott Ritzheimer:stage for a lot of founders. It's a really hard stage. And I
Scott Ritzheimer:love the distinction that you made between managing people and
Scott Ritzheimer:managing systems, and I think that's such a helpful way of
Scott Ritzheimer:thinking about it, because you will always be reluctant if
Scott Ritzheimer:you're trying to manage another human being, and that's such a
Scott Ritzheimer:great distinction. So at the same in the same token, though,
Scott Ritzheimer:like those people have to work within the system, and so it's
Scott Ritzheimer:not necessarily quite as clear cut in the real world. So tell
Scott Ritzheimer:me a little bit about what the difference between those two or
Scott Ritzheimer:better. Yet, how about some symptoms that you're still
Scott Ritzheimer:managing people when you could be managing systems.
Scott Ritzheimer:David C. Olcott: So run a big systems, or what we would call
Scott Ritzheimer:KPIs, key behavioral indicators. Most people know what KPIs are,
Scott Ritzheimer:but most people, when you're dealing with people, you're
Scott Ritzheimer:going to start moving into this realm of key behavioral
Scott Ritzheimer:indicators. And if you have someone who is constantly
Scott Ritzheimer:showing up late, even though there's a standard in place,
Scott Ritzheimer:they can't follow a dress code, even though there's a standard
Scott Ritzheimer:in place, if they can't follow a structured system that you have,
Scott Ritzheimer:even though it's in place, then you've got some real issues to
Scott Ritzheimer:deal with. And you're going to deal with one of these three
Scott Ritzheimer:things, either you realize that there's a training issue and you
Scott Ritzheimer:got to pull that person back into training about how to help
Scott Ritzheimer:them. Second part is they're just not the right person for
Scott Ritzheimer:that particular seat, and that happens a lot, especially when
Scott Ritzheimer:you're building a business, right? Yeah. And the third one
Scott Ritzheimer:is that potentially, you have to make a bus stop. Getting to Know
Scott Ritzheimer:Your business is as much as getting to know yourself, and
Scott Ritzheimer:that's what swords illumination is about. When you really know
Scott Ritzheimer:who you are, then you'll start attracting people like this.
Scott Ritzheimer:This is like frequency kind of concept. So if you're a tuning
Scott Ritzheimer:fork, which we are, we're frequency generators as human
Scott Ritzheimer:beings. And people sense this. For me all the time, right? And
Scott Ritzheimer:so when you show up and you're authentic, for example, people
Scott Ritzheimer:feel that when you're inauthentic, people feel that.
Scott Ritzheimer:And what's the people in the sales game don't realize that
Scott Ritzheimer:you can spend all your time on your scripts you want, your
Scott Ritzheimer:structure, your principles, if you haven't lived what you're
Scott Ritzheimer:selling, there's a missing authenticity and missing
Scott Ritzheimer:vibrational frequency that your customers are picking up on,
Scott Ritzheimer:that if you don't change that, they're not going to be buying
Scott Ritzheimer:from Yeah. So there's this Attractor Factor that when you
Scott Ritzheimer:start being authentic with being a manager, you're going to
Scott Ritzheimer:attract other managers. If you are an entrepreneur, you're
Scott Ritzheimer:going to attract other entrepreneurs. Even if that
Scott Ritzheimer:entrepreneur isn't the right person right seat, you're still
Scott Ritzheimer:going to attract them. And that's what we run into as
Scott Ritzheimer:founders of a business, is that we don't realize we have to
Scott Ritzheimer:change our frequency. We have to change our identity based upon
Scott Ritzheimer:where the company is in these. Seven cycles, or these seven
Scott Ritzheimer:steps, these seven elements, you've got to be able to make
Scott Ritzheimer:that shift, and that's what swords elimination give you back
Scott Ritzheimer:the power to be able to do. You can change your identity, you
Scott Ritzheimer:can change your program, you can change those elements and
Scott Ritzheimer:actually start attracting those people you're looking for.
Scott Ritzheimer:It's so good because the other part of it,
Scott Ritzheimer:it's not just an attraction, it's also an amplification. One
Scott Ritzheimer:of the things that I see a lot of especially stage three
Scott Ritzheimer:leaders, fail to recognize is their bad habits have a way of
Scott Ritzheimer:showing themselves in the rest of the team, right? And there's
Scott Ritzheimer:a lot that are really common, like founders are generally not
Scott Ritzheimer:great at accountability. They're they're not necessarily, you
Scott Ritzheimer:know, many of them are not great at discipline or routine and and
Scott Ritzheimer:so when you get a group of people around, there needs to be
Scott Ritzheimer:accountability, there needs to be some organizational routines.
Scott Ritzheimer:There definitely needs to be discipline. And, you know, in
Scott Ritzheimer:earlier stages, when it's mostly just you, it's kind of like you
Scott Ritzheimer:live with it, you know, or you know it's but when it's the you
Scott Ritzheimer:and then it's being amplified and compounded many times, the
Scott Ritzheimer:frustration that we see in our team is just a reflection of the
Scott Ritzheimer:challenges that we're we haven't dealt with ourselves well since.
Scott Ritzheimer:Yeah, so when we're looking through this lens, I want you to
Scott Ritzheimer:pull this apart a little bit. You said you can change your
Scott Ritzheimer:identity, and I think that's a really important thing, because
Scott Ritzheimer:one of the reasons why we get stuck in these different stages
Scott Ritzheimer:because we can't let go of what served us well in the past. But
Scott Ritzheimer:a lot of people would say your identity is your identity. You
Scott Ritzheimer:can't change it. So unpack that for us a little bit. What have
Scott Ritzheimer:you learned about identity and how can busy entrepreneurs apply
Scott Ritzheimer:that to their life?
Scott Ritzheimer:David C. Olcott: So there's a huge difference between your
Scott Ritzheimer:identity and something called your role distinction. So for
Scott Ritzheimer:example, there's three very classic role distinctions within
Scott Ritzheimer:a business. You have the entrepreneur, you have the
Scott Ritzheimer:manager, and you have the technician. So if you go back to
Scott Ritzheimer:the E Myth, that's where you're going to get a lot of that
Scott Ritzheimer:information from. Those are role distinctions. If you're a CEO of
Scott Ritzheimer:a company, but then all of a sudden, you're a small business
Scott Ritzheimer:owner and you're also the CFO and you're also the COO and the
Scott Ritzheimer:CTO and the you know, M, O, U, S, E, you got to be able to
Scott Ritzheimer:understand that your role distinction is something you're
Scott Ritzheimer:going to be placing these hats on. But that doesn't change your
Scott Ritzheimer:core identity about who you are. So core identity, your mission
Scott Ritzheimer:and purpose. And also, then there's these, these forks, or,
Scott Ritzheimer:sorry, these spokes in the wheel of this balance we call it. And
Scott Ritzheimer:that is, those spokes are the different individual things that
Scott Ritzheimer:you have to be able to accomplish every single day. For
Scott Ritzheimer:example, you would probably not go into a nightclub and act the
Scott Ritzheimer:same way that you do at church. And if you do, probably
Scott Ritzheimer:someone's going to suggest some medication. Suggest some
Scott Ritzheimer:medication to you. But the same thing is, if you approach just
Scott Ritzheimer:being a CEO when you're being the CFO, you're going to find a
Scott Ritzheimer:lot of conflict in that, because that mindset skill set, tool
Scott Ritzheimer:set, that's necessary to make that person or that role
Scott Ritzheimer:distinction be successful isn't the same mindset, skill set,
Scott Ritzheimer:tool set, that makes you successful in other areas of
Scott Ritzheimer:your life, and those discernments is what systems
Scott Ritzheimer:allow you to see. Because if I'm going to do a presentation, I'm
Scott Ritzheimer:going to be very right brain creative. But if I'm going to
Scott Ritzheimer:jump into Financials, I'm going to jump right into my left part
Scott Ritzheimer:of my brain. And if I don't understand those role
Scott Ritzheimer:distinctions, my identity before going in that I'm going to
Scott Ritzheimer:create some conflict. Another great example, if you've ever
Scott Ritzheimer:been in a creative meeting, right where a bunch of
Scott Ritzheimer:entrepreneurs are talking about ideas, and you walk into that
Scott Ritzheimer:meeting as a technician, how are we going to do this? Oh, my God,
Scott Ritzheimer:Scott, the conflict that create you don't understand. I mean,
Scott Ritzheimer:I've seen great ideas just get blown out because there was too
Scott Ritzheimer:many technicians in the room forgetting their role
Scott Ritzheimer:distinction about, hey, this is just a creative meeting. We're
Scott Ritzheimer:not figuring out how we're going to do this yet. We're just
Scott Ritzheimer:talking about the idea and see if it really is of service to
Scott Ritzheimer:the community, the marketplace and our business and our vision.
Scott Ritzheimer:And then we jump right into that technician role, and you just
Scott Ritzheimer:cancel that thing it's done, even if it was a brilliant idea.
Scott Ritzheimer:So understanding the difference between identity and role
Scott Ritzheimer:distinctions is the first three chapters of the book, because
Scott Ritzheimer:that's exactly what we talked about, swords of identity, and
Scott Ritzheimer:then outcomes, and then we wrote in a role distinction. So very
Scott Ritzheimer:clearly you start to identify that there is discernment
Scott Ritzheimer:between these aspects which take different mindsets, skill sets
Scott Ritzheimer:and tool sets to really be successful.
Scott Ritzheimer:That's such a great word, discernment. I love
Scott Ritzheimer:that. Yeah, I love that. Because, again, it isn't
Scott Ritzheimer:changing the fundamental of who you are, but it is changing the
Scott Ritzheimer:skills that you have access to and the ones that you use. Got
Scott Ritzheimer:it. Okay, we're 100% same page there. I love that. David,
Scott Ritzheimer:there's this question before I let you go, I have to ask it. I
Scott Ritzheimer:ask every one of my guests. I'm very interested to see what you
Scott Ritzheimer:have to say. But the question is this, what is the biggest secret
Scott Ritzheimer:you wish wasn't a secret at all? What's that one thing you wish
Scott Ritzheimer:everybody watching or listening today knew?
Scott Ritzheimer:David C. Olcott: It's kind of a reason why I wrote the book
Scott Ritzheimer:selfishly on my own part, that if I. Okay if I ever come back
Scott Ritzheimer:to this place, I wanted that book in my hand when I was at an
Scott Ritzheimer:early age. Here's the most brilliant thing I've learned in
Scott Ritzheimer:this entire lifetime. I'm 59 at saying some things that I've met
Scott Ritzheimer:some really remarkable people in my lifetime. But my whole life,
Scott Ritzheimer:I thought I was here to discover who I am. I thought like under
Scott Ritzheimer:some rock or some treasure chest I was supposed to dig something
Scott Ritzheimer:up, or I was here to discover and find out who I am. This is
Scott Ritzheimer:not how successful people work. Successful people work with this
Scott Ritzheimer:idea. They're here to create who they are. Your identity is a
Scott Ritzheimer:self creation. If you're going to be successful this lifetime,
Scott Ritzheimer:you think about any celebrity, whether you like that celebrity,
Scott Ritzheimer:or President or anybody else. These people know this secret,
Scott Ritzheimer:which is they are here to create who they say they are and do the
Scott Ritzheimer:things that align with that beingness, if you will, that
Scott Ritzheimer:identity. And that is a true secret that now that I know what
Scott Ritzheimer:that is, it has truly changed my world.
Scott Ritzheimer:That's fantastic. That's fantastic. I
Scott Ritzheimer:was wrong about why I thought I was here. What a statement to
Scott Ritzheimer:open that up. So good. David, there are some folks that have
Scott Ritzheimer:been wrestling with this, these different roles and how to get
Scott Ritzheimer:them all to work together. They'd love to get a copy of
Scott Ritzheimer:your book. Tell us where we can do that, and then also, where
Scott Ritzheimer:can they connect with you and reach out for more information?
Scott Ritzheimer:David C. Olcott: Yes, the best hub for us is Samurai
Scott Ritzheimer:success.com we have all kinds of channels. Matter of fact, I
Scott Ritzheimer:think there's over 200 different videos available to you right
Scott Ritzheimer:now that you can really get some of the insights in this. The
Scott Ritzheimer:book is available on amazon.com. It's the number one bestseller
Scott Ritzheimer:right now. We just passed the 10,000 sale points. So very
Scott Ritzheimer:Congratulations. Thanks. And then as on also, what's the
Scott Ritzheimer:audio.com you can actually pick up, so if you don't want to read
Scott Ritzheimer:it, and I know a lot of entrepreneurs just like to
Scott Ritzheimer:listen to stuff in the car. Really a great discounted price
Scott Ritzheimer:right now on sale. Take a look at that. That's swords
Scott Ritzheimer:illumination. Anything you want to know about our company and
Scott Ritzheimer:how we might be able to be of service Samurai success.com. Is
Scott Ritzheimer:our best hub for you to be able to reach us.
Scott Ritzheimer:Fantastic, fantastic. Well, David, thank
Scott Ritzheimer:you so much for being on today. It was real privilege and honor
Scott Ritzheimer:having you here. So glad we were able to finally get our
Scott Ritzheimer:schedules to work out together. For those of you watching and
Scott Ritzheimer:listening, you know your time and attention mean the world to
Scott Ritzheimer:us. I hope you got as much out of this conversation, as I know
Scott Ritzheimer:I did, and I cannot wait to see you next time. Take care.