Inside Strategic Coach - Special Guest Episode

Introduction

• Host: Shannon Waller
• Guest: Gary Modershead
• Background: Entrepreneur for over 30 years, associate coach with Strategic Coach for over 24 years
• Key Topics: Importance of self-awareness, delegation, and the 'Who Not How' concept

Gary Modershead's Journey

• Started in the corporate world and transitioned to entrepreneurship during a recession
• Joined Strategic Coach after a recommendation from a family friend
• Passionate about supporting entrepreneurs and has been coaching for decades
• Runs a business involved in importing industrial products, mainly rubber and silicone

Main Concepts

Who Not How Concept

• Focus on who can do the task well, rather than how to do it yourself
• Emphasizes working on tasks that align with your unique abilities
• Realizes that one cannot be good at everything; leverages other people’s skills
• Simplifies tasks by delegating them to capable individuals

Unique Ability

• Recognition of one's unique strengths and abilities
• Delegation of tasks outside one's areas of expertise
• Example: Gary delegated order processing and customer service tasks early on

Self-Awareness

• Importance of recognizing what you enjoy and excel at
• Being conscious of activities that cause frustration and offloading them
• Hard work isn’t as valuable as results achieved through leveraging strengths

Practical Applications

Building Teams

• Trusting others to handle tasks allows focus on core competencies
• Hiring and delegation practices: did not initially excel at hiring but improved over time
• Involved in final interviews to ensure cultural and personality fit

Evolving Role

• Shifted focus to supporting and growing team, customers, and suppliers
• Role evolved to become a coach and collaboration officer
• Keeps in line with company’s purpose to help people and organizations grow

Future Plans and Innovations

Upcoming Projects

• Writing a book: “2020 From Hindsight to Foresight: Future Proofing Your World”
• Starting a podcast: “Clarity Generates Confidence”

Enhancing the Business

• Aiming to integrate AI, blockchain, and 3D printing into the business
• Predictive modeling for supply chain efficiency
• Continual adaptation and self-improvement to keep the business relevant

Conclusion

• Importance of ongoing learning and adaptation
• Striving for impactful results and making significant improvements
• Encourages teams to think differently and embrace new methodologies
• Final advice: Know your audience and how to deliver value to them
• Focus on delivering 'WOW' experiences