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David Grau Sr.

๐Ÿ‘ค Speaker
861 total appearances

Appearances Over Time

Podcast Appearances

Escaping the Drift with John Gafford
Building a Business That Outlasts You (David Grau Sr.)

you're gonna run out of lifetime.

Escaping the Drift with John Gafford
Building a Business That Outlasts You (David Grau Sr.)

And so what we did next though, and I still remember this and I tell this story now, 25 years later,

Escaping the Drift with John Gafford
Building a Business That Outlasts You (David Grau Sr.)

We went out and we hired a head of marketing.

Escaping the Drift with John Gafford
Building a Business That Outlasts You (David Grau Sr.)

First time I'd ever done that, right?

Escaping the Drift with John Gafford
Building a Business That Outlasts You (David Grau Sr.)

And this lady came in and she had a degree in marketing.

Escaping the Drift with John Gafford
Building a Business That Outlasts You (David Grau Sr.)

She had years of experience in the field, actually working for one of the broker dealers that we helped service.

Escaping the Drift with John Gafford
Building a Business That Outlasts You (David Grau Sr.)

And she was great at it.

Escaping the Drift with John Gafford
Building a Business That Outlasts You (David Grau Sr.)

She put together an annual marketing plan and she'd pair it up with a budget.

Escaping the Drift with John Gafford
Building a Business That Outlasts You (David Grau Sr.)

every week every month we knew what we were going to do we knew what we wanted from the marketing plan we knew how many clients what kind of clients who was going to service them we had a growth rate tied to it we could look a year ahead and say we're going to need three more people to do the work i mean it made all the sense in the world right after i saw it and i realized okay so i probably wasn't the best head of marketing and then we went out and brought in a head of sales

Escaping the Drift with John Gafford
Building a Business That Outlasts You (David Grau Sr.)

And then little by little, we brought in a CFO.

Escaping the Drift with John Gafford
Building a Business That Outlasts You (David Grau Sr.)

We brought in a CIO.

Escaping the Drift with John Gafford
Building a Business That Outlasts You (David Grau Sr.)

And all these pieces go into place.

Escaping the Drift with John Gafford
Building a Business That Outlasts You (David Grau Sr.)

You sit back and you realize, oh, I'm not the best at all of those things.

Escaping the Drift with John Gafford
Building a Business That Outlasts You (David Grau Sr.)

In fact, all the people we just hired last year in their particular skill set are better than me.

Escaping the Drift with John Gafford
Building a Business That Outlasts You (David Grau Sr.)

so over the course of the years to come i learned that as i did less and i made fewer decisions and i delegated more the business actually got stronger and grew faster i wouldn't believe it if i hadn't seen it sure no no so so what would you say to a guy like me that says that like well the problem is we've got to be those people because otherwise you know we we are you know in this particular business

Escaping the Drift with John Gafford
Building a Business That Outlasts You (David Grau Sr.)

You know what I mean?

Escaping the Drift with John Gafford
Building a Business That Outlasts You (David Grau Sr.)

And great question.

Escaping the Drift with John Gafford
Building a Business That Outlasts You (David Grau Sr.)

And so I wrote a book to answer that question.

Escaping the Drift with John Gafford
Building a Business That Outlasts You (David Grau Sr.)

It's called Building with the End in Mind.

Escaping the Drift with John Gafford
Building a Business That Outlasts You (David Grau Sr.)

And so in this book, I talk about a story where I sit down with an entrepreneur like you and I say, so how do you want your story to end?