Successful Habits of a CEO

Alrighty folks, welcome back to Season 3, Episode 6 on Transacting Value Podcast!

CEO of Textdrip, Phil Portman, came from humble beginnings, one of seven children. As a young man, he was focused on having enough money and was determined to be a millionaire one day. Through hard work and some key decisions along the way, not only is he successful in business, he is a family man with a balanced life.

In today’s discussion with Porter, Phil tells the story of when, tired of being on the road away from his family, he decided to leave his well-paying corporate job and work for himself.

Things you’ll learn about Phil in today’s episode:

• He didn’t do well in college.
• When he left his corporate job to work for himself, he wondered if he made the wrong decision.

Behaviors and viewpoints that contribute to success:

• Set clear, written goals for various categories, over the next five years.
  • Focus on being a well-rounded person.
• Develop healthy habits.
  • Read every day.
  • Work out every day.
  • The better you get at building habits into your lifestyle, the more productive you become.

Tips for leaders, managers, and business owners:

• Don’t surround yourself with ‘yes’ men. Surround yourself with diverse perspectives.
• Ask, “Are we creating an atmosphere where our employees feel safe to tell us something is a bad idea or to give us feedback on something?”
• Build trust, encourage feedback, listen to it, and don’t take it personally.
• Have a philosophy of “I want my employees to be the best versions of themselves.”
• View the people around you through a positive lens and watch them rise with you. Let go of those who are not a positive influence in your life.

Phil describes how his character has developed as he has grown in life and business:

• 20 years ago, he was willing to lie to get ahead financially. Not today. Money is no longer the main goal. It’s a byproduct of the primary values in his life.

Phil’s top three values now:

• Integrity, the foundation of communication
• To leave the world a better place
• Family

Quotes from today’s episode:

“I have no doubt that anybody out there can do what I’ve done and have the same success.”

“I wanted to be a present dad for my kids.”

“You won’t get success overnight. Success is compounded.”

“Your habits are what you become.”

“It takes a thousand attaboys to make up for an ‘Oh, shit.’”

Sponsors and Resources mentioned in today’s episode:

(0:11:45) The Bee and the Bear Creations

(0:28:12) Keystone Farmer’s Market

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