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David Grau Sr.

๐Ÿ‘ค Speaker
459 total appearances

Appearances Over Time

Podcast Appearances

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

I'm going to run the company as head of marketing and a CEO.

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

And CEO and CFO and CMO.

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, 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 paired 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.

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

We knew what we wanted from the marketing plan.

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

We knew how many clients, what kind of clients, who was going to service them.

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

We had a growth rate tied to it.

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

We could look a year ahead and say, we're going to need three more people to do the work.

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

I mean, it made all of the sense in the world, right?

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

After I saw it and I realized, OK, so I probably wasn't the best head of marketing.

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

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 of all these pieces go into place, you sit back and you realize, oh,