Episode 25: Cole Barrett is Barry's 22 y/o nephew; and is the current Sales & Marketing Manager and Integrator at Auto Excel, in which Cole's dad started and owns.
Cole's Leadership Role:
- Cole discusses his current leadership roles at Auto Excel.
- He serves as the marketing and sales manager, and he is the Integrator involved in implementing EOS (Entrepreneurial Operating System).
- Barry clarifies that Cole is the integrator, responsible for implementing the EOS system.
Parent-Child Dynamic in Business:
- Barry and Cole discuss the unique struggles of being the son of a business owner, Mike Barrett.
- Cole mentions the challenge of balancing business discussions with family dynamics and the need for unbiased communication.
- He shares how he initially faced the perception of being the coach's son who received preferential treatment but worked hard to prove his capabilities.
- Barry affirms that their family operates based on meritocracy, emphasizing that coming from the Barrett family means being held to a higher standard.
Working with Family Members:
- Cole talks about the complexity of working with family members; including his dad, his uncles and his nana (grandmother).
- He acknowledges the need for distinguishing between personal and professional relationships.
- Cole explains how his role as a family member in the workplace sometimes requires him to deliver tough feedback and make difficult decisions.
- Barry adds that their family excels at maintaining strong relationships while handling tough conversations.
Discipline and Nurturing Relationships:
- Barry and Cole highlight the importance of love and nurturing relationships in their family and work environment.
Cole's Leadership Vision:
- Barry commends Cole's wisdom and maturity as a young leader.
- Cole discusses the current state of the shop and his aspirations for the future.
- They mention the setbacks faced by the business and their goal of expanding Auto Excel to other locations.
- Cole emphasizes the importance of setting and tracking goals on a daily basis and mentions the overall growth the business has achieved.
Conclusion:
- Cole shares his personal focus on self-improvement, including reading books recommended by Barry and Mike.
- Barry expresses confidence in Cole's leadership abilities and their potential to work well together.
- They conclude with a positive outlook on the future growth of Auto Excel.
Great Boss Workshop: https://www.bwpcoach.com/greatbossworkshop
