John Assaraf sat down with Steven Cox, CEO of TakeLessons.com, to discuss what it means to create and maintain a thriving corporate culture. In this interview, Cox defines corporate culture, outlines steps entrepreneurs can take to define their company’s culture and shows how a strong culture can translate into other great gains for any organization.
Part 9 in the video series. Subscribe for email alerts when more videos are posted.
Part 10 in the video series. Subscribe for email alerts when more videos are posted.
Creating Corporate Culture – Part 1
Creating Corporate Culture – Part 2
Creating Corporate Culture – Part 3
Creating Corporate Culture – Part 4
Creating Corporate Culture – Part 5
Creating Corporate Culture – Part 6
Creating Corporate Culture – Part 7
Creating Corporate Culture – Part 8
Cox: Because of the belief system that we have, we do not treat people that way. Nor will we be treated that way. It’s just the value system that we had that was correct for us and it was the best thing that we’ve ever done for the culture of the company. It wasn’t planned. These sorts of serendipitous things will happen in your own organization as you grow and you find out that when push comes to shove, you’re not going to deviate from this.
Assaraf: This is what I stand for.
C: This is what I stand for. People still tell that story today in the company about how we do things. The third value we have is Build Stuff You’re Proud Of. And the story on this is, being a tech company, we had been involved, not as owners, but as workers at other tech companies where what they tried to do throughout the nineties is do just enough to make it look like they had a product to get some sucker to buy them and sell their company to another company. We decided early on that we didn’t want to be one of those sorts of companies. We wanted to do something that we could look back on and we wanted to build a site that we’re very, very proud of. That has resonated with us and kept us very, very true to what we do.
If given the choice between building things right and building things quick, we choose building it right. In the tech world, that means we move a little bit slower than others. We’ve been round and round with investors about that but at the same time, we want to build things the right way. That has expanded out from technology into every area of the company. So if you’re in Customer Support, have calls you’re proud of. If you’re in Marketing or Sales, sell things that you’re proud of, cut deals that you’re proud of. Write code that you’re proud of. All this means is contributing in such a way that it makes a positive, lasting difference in millions of people. See how now it ties in with our core purpose.
A: It ties in with your purpose. You get that?
C: So the values systems stack up and start resonating together.
A: I love this stuff.
C: This next one, this is my own personal litmus test. The way I describe it is, I want to build stuff I’m proud of. What am I proud of? This is my grandfather, he’s 92 and I want to build things that my grandfather would use and be proud of using. For me, he’s the best guy I know, the most honest guy and he’s my personal litmus test. If you can find this sort of thing for you, then you know. You’re always faced in business with so much opportunity. The big key is being able to decide what to say no to. You’ll have lots and lots of opportunities to say yes, lots of people pulling you in different directions. If you can learn to say no based on a value system, it makes the world a lot easier.
A: Make your default “no” and then move to “yes” is what I always tell people because we’re all so wanting to help everyone else. We have this opportunity and this opportunity and we need to start saying no to everything and moving towards yes and having reasons for moving towards yes, then that gives you a much easier framework to deal with. Love that.
C: Absolutely.
A: CANI!
C: CANI! You’re very familiar with that. This one is borrowed from Anthony Robbins…
A: Who borrowed it from the Japanese Kai Zen.
C: Right, it’s all borrowed and that’s okay. You don’t have to come up with these yourself but what’s important is that it’s true. And this is one of my own personal beliefs and it ties in with the innovation of the company. As a company, growth isn’t serendipitous, growth isn’t okay; it’s required. It’s a big difference. You can feel the difference even as I say that. We are expected when we’re hiring someone in they know today is great, tomorrow’s got to be better. Tomorrow after that has to be better. Not only as a company but we actually want you as a person to grow. Because we believe if we can get you to grow and to learn these life lessons and set goals, we teach people to set goals within the company, accomplish those goals, you can apply that to your personal life, apply that to your business life. In general, that makes you a happier person. Happier people are just cooler to work with.
Part 10 in the video series. Subscribe for email alerts when more videos are posted.
Assaraf: Let me ask you a question. When you say, today is okay, tomorrow’s gonna be better, the next day is gonna be even better than that, I want to make sure people get this distinction. It’s not that you’re not or we’re not good enough today, right? What I hear and what I know of you is, we’re capable of growing individually, professionally, personally and as a business if we have this focus on just getting better. Not from a scarcity or negative perspective; it’s from a human growth and fulfill our potential perspective. That’s the message that you share with your employees.
Cox: Exactly. If you go back to the prior value of Respect for yourself, I have no problem telling my team and them telling me and everyone in the company going, wow, we are really awesome. In fact, I expect that. We want awesome people. We want them to be able to look and say, I absolutely rock. And, that’s good enough for today. Tomorrow I am going to rock even harder. That’s just what we do as a company. We are totally accepting that we are awesome as we are, and I say that actually in a very humble way, it’s not in a bragging way. No matter how awesome we are today, what we do know is the world keeps moving. Things keep going on and part of the joy is keeping up and getting ahead.
A: And by the way, what I want to make sure that you’re all in agreement and accordance with is that these are Steven’s and his team’s values, alright? They’re not yours. If they happen to be yours, that’s great, but this isn’t about taking Steven’s and his company’s values and making them yours. This is really about identifying your own and living that truth, that purpose, that value system, so that you’re living your life for your purpose and what you stand for and what you stand against as well. Some people might say, oh my God, that’s too much pressure, I don’t want that kind of pressure. Well, he thrives in it and so do I. Other people say, oh my God, if tomorrow’s got to be better than yesterday and the day before, I’m in chaos, I don’t like that, that’s cool. But you find people in your team that that’s cool with as well so that you make your growth and your day to day life easier to handle and manage.
C: Right. Someone’s value system could be, I don’t live to work, I work to live, or something, which means I am going to limit my time to 30 hours a week. That could be someone’s value system and that’s just as relevant for them as our value systems are for us. So again, back to Lady Gaga, there is no right or wrong culture. It’s finding what’s true for you.
A: That’s the key.
C: Our final value is Perseverance. We’ve defined that as certainty in the face of obstacles. This really came from a story and I’m sure this will resonate with you guys as well. We were trying out different models and again, we were self-funded, and we were basically down to a couple paychecks left. We weren’t making a lot of money to start with. All the guys were taking a discount on what they should be earning. It was basically down to the wire and I said, guys, we either have to do something this month and make this happen or we’re not going to be around next month. So, what do you want to do? It was quiet in the room and they were all kind of sitting there and they said, well, we better work hard then. We better get back to work. It was the perseverance of not even accepting the idea that we would quit. Quitting is not an option. It’s easy to say, it’s harder to do when you’re down to the last dime, knowing that, hey, if we don’t make something happen it’s going to be a difficult situation here in just a couple weeks. And it was those sorts of things that we’ve applied in different areas of the company as well. It’s perseverance when we’ve kicked off several versions of the website and we thought it was awesome and we did testing and it completely bombed. What we did is we simply back-tracked and we tried it again. So now we have a culture of innovation where trying things is cool and the expectation of failure is okay. In other words, the idea of not trying something because it might fail, is just completely not within our value system at all.
Creating Corporate Culture – Part 1
Creating Corporate Culture – Part 2
Creating Corporate Culture – Part 3
Creating Corporate Culture – Part 4
Creating Corporate Culture – Part 5
Creating Corporate Culture – Part 6
Creating Corporate Culture – Part 7
Creating Corporate Culture – Part 8