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Published on:

6th Mar 2019

140: Mike Maddock — What Do Disruptors Have in Common?

Industries are being disrupted again and again with disruptors like Elon Musk, Steve Jobs, Bill Gates, and more. You might want to be a disruptor yourself, or maybe even learn how to better manage disruptors and work alongside them. What frameworks can you apply to be more of a disruptor? Today’s guest has some answers!

 

Mike Maddock is the Founder of an internationally-recognized innovation consultancy firm, Maddock Douglas. The firm helps corporations invent and launch new products, services, and business models. Mike loves to solve problems with disruptive ideas and has launched more than six successful companies.

 

Mike is out with a new book, Plan D, which dives into what disruptors have in common. Time and time again, Mike noticed that so many entrepreneurs just seem to be lucky people. In chapter five, Mike explores this concept a bit more and it appears the secret to their success is that they have an abundant mindset.

 

So, how do you manufacture an abundant mindset? After interviewing dozens of people for the book, some entrepreneurs sit down every day and write a list of everything they’re grateful for, others have an achieving exercise where they email their close friends a list of tasks they’d like to achieve for the week and check in with each other at the end of the week. By seeing the progress they’ve all made together, it creates gratefulness.

 

Experiencing little moments of gratefulness is what these disruptions are using, often unconsciously, to propel themselves into unknown and scary territory. It’s physically impossible to be afraid and be grateful at the same time, and by working with an abundance mindset, these disruptors are always looking for opportunity in the chaos.

 

Interview Links:

Mike-maddock.com

Mike on LinkedIn

Scaling Up Business Podcast Episode 81 with Mike Maddock

 

Resources:

Scaling Up for Business Growth Workshop: Take the first step to mastering the Rockefeller Habits by attending one of our workshops.

Scaling Up Summits (Select Bill Gallagher as your coach during registration for a discount.)

Bill on YouTube

 

TWEETABLES:

 

“Entrepreneurs seem to be able to manufacture serendipity, which is to say, they’re lucky again and again.”

 

“It’s physically impossible for you to feel afraid and grateful at the same time.”

 

“I’ve never met an incredibly successful person who is not either chasing a ghost or being chased by one. The question is who’s got who.”

 

Did you enjoy today’s episode? If so, then head over to iTunes and leave a review. Help other business leaders discover the Scaling Up Business Podcast so they, too, can benefit from the ideas shared in these podcasts.

 

Scaling Up is the best-selling book by Verne Harnish and our team for Gazelles Coaching, on how the fastest growing companies succeed where so many others fail. My name is Bill Gallagher, host of the Scaling Up business podcast and a leading Gazelles Coach. Gazelles is the term we use for fast-growing companies.

 

We help leadership teams with 4 Decisions around People, Strategy, Execution, and Cash so that they can Scale Up successfully and beat the odds of business growth success. Scaling Up for Gazelles companies is based on the Rockefeller Habits 2.0 (from Verne’s original best-selling business book, Mastering the Rockefeller Habits).

 

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About the Podcast

Scaling Up Business Podcast
Scaling Up Business is all about how a few companies make it...and why the rest don’t. Our podcast shows are drawn from the lessons of our coaching clients, coaching partners, and the leading authors that contribute to our Conferences and the Scaling Up best selling book by Verne Harnish, and the Team at Gazelles.

We’ll share practical tools and techniques for building an industry-dominating business. These approaches have been honed over three decades of advising tens of thousands of CEOs and executives and helping them navigate the increasing complexities that come with scaling up a venture.

We want to turn what can feel like an anchor, into the wind at your back — helping you create a business where the team is engaged; the customers are doing your marketing; and everyone is making money.

Each episode of the Scaling Up Business show focuses on one of the four major decision areas every company must get right: People, Strategy, Execution, and Cash. We'll share the tools and methods that have been used by more than 40,000 firms around the globe to scale their companies successfully -- many to $1 billion and beyond.

Running a business is ultimately about freedom. The Scaling Up Business show tells leaders how to get their organizations moving in sync, to create something significant, and still enjoy the ride.

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William Gallagher