project management – TRUE NORTH TEAM CONSULTING

Closing Out 2017 with a Blockchain Bang.

2017 will go down big in the record books.

On the personal side, I took the plunge to get engaged we just closed and moved into our 1st home, a life-changing ordeal in itself. I also personally learned that a country doing everything it can to self-destruct that’s $20 trillion in debt sorely needs software to help the drastically under-equipped IRS manage operational claims to chip away at (separate post in itself).

Sponsorship Buddy is rebranding within the next few weeks to encapsulate the force it has become, now directly optimizing workflows for thousands in the brand, agency and rights holder/property space (recently including the San Francisco Giants, who I could’ve garnered multiple rings based on a different life choice made (another post of its own). With a valuation now in the 9 figure range, one could ask how I could entertain usage of my full-time hours going to something else?

The answer? The blockchain.

I also passed up an equitable opportunity with a software behemoth fast approaching IPO and an executive spot with the most elite membership and concierge program in the world involving curation of the most customized VIP global personalized experiences.

After a few weeks spent volunteering, negotiating and absorbing, I signed on to become the #2, C.O.O. & Head of Fundraising for what we believe could be the most compliant blockchain solution in the exploding ICO market. By the way, ICOs (initial coin offerings) have overtaken traditional venture capital funding means and skyrocketed to over $5 billion in funds raised for 2017.

Everyone’s now heard of Bitcoin (the Amazon of the cryptocurrency world), but most don’t understand it or the blockchain. This distributed ledger system promises to change the world by decentralizing everything, from global monetary policies to how transactions are recorded.

There are innumerable roadblocks in the way before that happens, however. Many early ICOs were launched by the likes of 19-year-old Ukrainians arming a cartel without as much as a business or legal backing. While due diligence, transparency and sound legal business principles are on the rise, there is an impending fear of the unknown, especially the SEC coming down to ban and punish those deemed outside of the legal limits. A day of reckoning is in order in today’s new age Wild West.

At OMINEX, sister-company CrowdEngine has the SEC & FINRA compliance nailed. OMINEX plans to offer a wallet to manage such security and other crypto tokens and provide the portal to launch the buttoned-up ICO, funding your dream, world-changing blockchain project.

But first, we need believers to take a chance with us and invest in the most compliant fundraising solution seen to date (while benefitting with us along the way). We could use great Advisors, referral partners and investors to help us build out the vision before we can draft the team.

It’s been quite the heroic comeback story, 2017 vs. 2016 that is.

Who’s ready to take the world by storm in compliant fashion!? Blockchain and ICOs are possibly the most world-changing phenomenon we’ve seen, can you afford to miss the boat (more about ICOs as the new gold rush – biggest wealth transfer in human history)?

Happy New Year 2018!

Lessons in Rejection

The Cleveland Cavaliers, Detroit Red Wings, Baltimore Orioles, Sporting Kansas City, Indiana Pacers, New Orleans Saints & Pelicans (among others pictured above): what do these represent? All, the latest and greatest clients of Sponsorship Buddy Inc. I, as the lead hunter, should be out celebrating in the streets to land these huge, globally embraced and recognized team brands as clients of our disruptive new platform, right? Not so fast, my friend.

Early entrepreneurial life is not glamorous (nor is the sports industry). Over the past 20 months, I’ve had to learn all kinds of new skills, competencies, and levels of resiliency and discipline. I set out with a goal of transforming the sponsorship industry in much-needed fashion for the better to help create more transparency, streamlined communications, a better client experience and improvements in quality of life. In doing so, I hoped to make my mark as an innovator, disruptor, and difference-maker and put it all on the line to do so (personal life, relationships, financial stability).

Full disclosure, it’s been the most challenging period I’ve had in life and there have been some big ones. While persistently searching out believers in my network, I’ve been aggressively pursuing careers and been so close on fantastic opportunities in sports or tech in Denver, San Francisco and here in Salt Lake City, only to be passed up on at the finish line. My closest contacts have seemingly written me off while it’s been impossible to fight off bouts of despair, depression and not feel like a failure.

One of my key strengths is my resiliency, persistence, and aversion to quitting. I thought the industry would snap up this relatively inexpensive tool but learned that it was going to take completing the marathon to change the game.

Back when we were looking for our 1st major league client after the Utah Jazz (beta customer of ours), I leaned on my former group in the Memphis Grizzlies, who have been notably innovative. In speaking with Mya Donald, activation lead for the team, I said something along the lines of, “I know this is new and daunting, but this can not only put the Grizzlies on the map as a leader in the space, but do great things for your careers.” The Grizzlies bought in, embraced the tool, and four weeks ago, Mya was on-stage as a finalist at NBA league meetings citing us as a key piece to the team’s peer-nominated Relationship Management Program of the Year. To add validation, the winners of the award, the Cleveland Cavaliers, known not only for being runner up in the 2016-2017 NBA Finals, but also for a notable Goodyear Jersey Patch Campaign and innovative 365-day activation approach have followed suit as our 5th client in the most innovative of all sports leagues (NBA).

Taking excerpts like these to market, we’ve now established ourselves as an industry-recognized brand with success stories throughout the major and minor leagues, not to mention being in the process of signing our 1st brand and agency clients. We accomplished our set growth and vesting goals a year ahead of time and have solidified our brand and platform as a force with huge upside from here while maxing out my equity shares in the company.

As we look to solve the sponsorship industry’s communication issues one client at a time, I’ve realized that I have a long ways to go to become a great communicator myself. I realized that my emails, like everyone’s texts or emails from time to time, can be misinterpreted and come off the wrong way. Instead of leaving tone, reasoning, and objectives up for interpretation, I insisted on a face-to-face meeting to speak my mind, and after a 2nd fishing trip meeting to close out the summer and further collaborate on ownership stake and employment terms. I’m now about to be in a much more secure place while being in control of day and destiny.

Lessons learned: don’t take rejection to heart. It only takes one (you). Even when everyone else loses faith in you, what you believe in and set out to do, you can accomplish anything with determination. Be mindful, self-reflective and don’t be afraid to ask for constructive feedback, advice or someone else’s time to hear you out.

Surviving on an Entrepreneurial Wild West Island.

After weeks of back-and-forth months after my consulting deal was up, we were at a crossroads of a) parting ways with only the entrepreneurial experience to show for it for b) forging a partnership, potentially lifelong. Both sides have nearly walked away at different times and everyone knew it was decision time, this was make or break and the call was going to be tense. That “Castaway” feeling of I’m alone, trying to scratch and claw my way to survival, hoping someone will venture into the vicinity and throw me a life raft can feel very real.

Doubts can be constant. Today’s social media age make peer comparisons dangerous. Why am I at point X when I’ve invested this much into myself whereas my former cohort John or Jane Doe is at point Y? Trust in others and myself with belief in the ability to turn up calculated returns is something I’ve banked on for years. But sometimes it feels like being stuck in the ocean trying to fight the current of a riptide, not going anywhere and expending energy reserves quickly.

Egocentrism is the inability to understand any perspective but one’s own. In this country, never has this come more into question than today’s political and social environment. Why should I think about someone over there when my own quality of life is in question? What happens when those relationships you’ve invested in and trusted would work out instead turn out quiet or egocentric? You’re left to your own story and ingenuity, losing hope with line after line being cast out only to be brought back with nets empty.

Despite better reason and needs to meet, we made the trip to Arizona for a wedding at a lavish venue, the JW Marriott of Tuscon pictured below. Sacrifices were made to get there – a bag of sandwiches made to avoid having to stop for food, not staying at the host resort and instead choosing a Marriott nearby. Bootstrapped startup life personalized.

JW Marriott Tuscon wedding photo — Alli & I before the wedding @JW Marriott Tuscon

After catching up with the Joneses, and being there to celebrate the big commitment day for the newlyweds, we took a day trip to the famous wild west town of Tombstone. Despite all the Hollywood takes, never was story given due justice authentically. The Boothill Graveyard was filled with stories of men that met their fates through every means from defending their honor in gunfights at the OK Corral to getting poisoned and everything in between and their stones were stolen over time by gravestone robbers looking to get their hands on valuable relics. This made me think, how does one avoid the fate of George Johnson pictured below, who was hanged by mistake? “He was right, he was wrong, but we strung him up and now he’s gone.”

In a brutal town where the odds are stacked against you like Tombstone, George may have been on to something in life. Maybe he was looking like one of the few who’s investment was going to pay off in a big way. However, his story was lost and he became known instead for his curious cause of death. George hadn’t secured himself to avoid the traps laid down all around him and succumbed to a noteworthy fate.

On the scenic way back in Navajo country (another example of a people pushed aside), we stopped at the picturesque Horseshoe Bend in the Glen Canyon area of northern Arizona (featured above). I looked out and felt like I was stuck on that rock island pushed out further and further by the sands of time, with a storm coming nonetheless.

Months after the fact and despite undue strife, my partners came through for me on my concessions and I officially tied the ownership knot. Lessons learned include not making assumptions and instead communicating better and building and executing sound social and business contracts. Don’t be afraid to be real and speak to feelings and emotions as it leads to more authentic connections. I went from fighting the riptides to grabbing a line out and back to the island. Now, it’s a matter of navigating around the hangman’s noose and traps while continuing to better equip and target those lines cast with the hope of netting that meaningful storybook foundation off the island.

Ever feel that way?

Transparency spooks! From ghosts to football, an economic shift to the apocalypse.

Transparency spooks and how it’s moving forward in football, business and life. Apocalypse now?

If you’ve missed me of late, I’ve been blogging about the latest sponsorship news and best practices. We also took a quick “secret shopper” trip to the thriving metropolises of Nephi/Ephraim/Nebo, Utah, stopping at one of the more said-to-be haunted destinations of the area in Leslie’s Family Tree where the Mormon pioneers of yesteryear clashed with the Native Americans. I’ve done the research and I’m a believer in transparency – which goes beyond unexplainable paranormal phenomenon, but is increasingly and readily applicable in the sports business and our collective impending future.

“The Game” & Beyond

I just got off the phone with a friend and client of mine in Glenn “Shemy” Schembechler, son of the legendary Michigan coach Bo. Bo learned everything he knew while coaching under Woody Hayes, who would later become his biggest rival. Both Michigan and that one state school in Ohio largely played the same way for many years. Everyone knew that both teams were most likely to run the ball on 1st and 2nd down and throwing if need be on 3rd down. No frills or surprises, they’re going to rely on brilliant strategy and execution to beat you with tough, talented athletes who believe in their schools’ and coaches’ native credos. Stop it if you can (sorry, the numbers say you likely won’t as both schools are at the top of the alltime recordbooks).

Shemy, who soaked in all that football leadership along the way and utilized it as an NFL scout, has launched GES Advisory Company, designed to utilize the aforementioned institutional knowledge to benefit aspiring high school football players. His goal is to give high school athletes the chance to play the sport they love in college (he can be reached at: gesadvisory@gmail.com). Compared to other recruiting services, he goes much deeper when it comes to taking athletic measurements, gauging mental “make-up” and academic interests, and finding a scholastic fit from the “Power 5” schools on down the collegiate chain. 100% success ratio. To maximize effect from both a hand-to-hand combat success coupled with today’s demands of information transparency, he’s partnered with Sport Testing, a Canadian company with hockey (including NHL) success stories to build on, patent-pending and coming to you soon. Sport Testing, “the leading provider of sport specific player testing and a developer of athletic assessment technologies,”has developed equipment shown to be the most accurate in gauging athletic performance. It also has created a database to share this data, serving both the athletes and properties.

Man, I wish it existed back when I was playing! I was always in-season playing a different ball sport and wasn’t taught the right track technique to run a good 40. My recruiting service was my grandfather with our team highlight VHS tape knocking on the doors of his alma mater to get me a meeting (not that I would’ve made a different school choice). 5 Star football players who get a verbal offer don’t realize that it has no legal binding, nor does that official offer they received. Now, the gap is being bridged.

The Interview

I just mustered the best 30 minute phone interview perhaps I’ve done to date with Project FANchise to be President of the Salt Lake Screaming Eagles football team by mapping out and checking off what I deemed were the success criteria necessary for the position of my dreams. With the CEO in call 1 before he had seen my resume. I didn’t do it to work with just another minor league team – this is the 1st ever fan run team. Everything has been voted on by the fans from the city (they’ll be playing at the Maverik Center, where I worked and of which I had the endorsement of the President I was under) to G.M., head coach, logo and even play calls.

This group (an entrepreneurial mix of tech entrepreneurs, digital, NFL and sport business vets) has crowdfunded opportunities for fans all over the world to get involved with the Screaming Eagles. Yes, the opposing team might know what’s coming, but can they stop it? The point is, it opens up the dream of getting involved in what you were/are most passionate about to the masses, where the barriers to entry are the most extreme of perhaps any industry. Typical sports jobs field hundreds if not thousands of resumes per open position. This doesn’t even touch on how hard it is to become a professional athlete nor begin to speak to the struggle to excel once you get in on the business side when you’re making peanuts while competing with the hopes of countless others to be G.M., etc. someday let alone keep your current job.

What Project FANchise is doing is to utilize digital transparency that social media has provided us all to develop a competitive advantage – it’s giving live “recruiting tape” to not only to the players, coaches and G.M.’s looking to make a pro impact and move up the ranks, but also to Joe Schmo the fan as well (who can be G.M. for a day for $500). As the Bo’s of the world have stated, “those who stay will be champions.” Brilliant execution can open up big doors of opportunity.

eagles — Salt Lake Screaming Eagles – brought to you by the fans

Apocalypse Now?

All over the place, transparency has become apparent and the effects are rampant. It’s what went into the food we eat and the companies making it. It’s social media. It’s the manual processes in life that are being replaced by automatic processes that can share valuable data seamlessly. We’re starting to realize that sitting in traffic for an hour to commute to shuffle papers and sit in abusively boring meetings all day isn’t always the most productive or efficient way of doing business.

According to the Martin School at Oxford, 47% of today’s jobs in the U.S. will be replaced by artificial intelligence and robots within the next twenty years. Like the farmers of yesteryear, collaboration will likely create new opportunities.

Or, maybe Terminator was correct and machines are coming to bring about the apocalypse.

Maybe I wasn’t named the 1st President of the Salt Lake Screaming Eagles (someone else got the gig who had been a Minor League Baseball CEO). I know where I align when it comes to complaining vs. solving come the next apocalypse. How about you?

Maybe you’ll become the next lost soul tragically left behind to walk between worlds.

terminator sm — The Terminator fighting the apocalypse with automatic weapons

bachelors_grove_ghost_picture2 — “The Woman of Bachelor’s Grove”

New Salary / Overtime Rules: Ramifications Faced in Sports, Sales & Life

The state of our economy has pivoted in a big way. My story and strategic recommendations.

After a happy holiday season back on the home front, I returned to the office and found myself suddenly unemployed and lucky I didn’t pull the trigger on buying my first place. Despite contributing millions to the company’s bottom line, I was sent packing in preparation of a major recent legislative decision: the United States Department of Labor’s changes in the Fair Labor Act (FLSA) basically doubling the salary required for exemption from overtime pay requirement.

What the U.S. government initially intended to have benefit the employees of the country proved quickly capable of doing the opposite. The legislative decision will have profound effects for employers and employees in every sector. I gave up the chance to follow in my grandfather’s steps in playing collegiate football at his alma mater, instead choosing to go to the University of Michigan and get involved in the business side of the sports industry, which has largely operated on a pay / volunteer to play system – especially for those looking to get an initial foot in the door and possibly a salaried job. 13 years, three degrees, countless unpaid internships, and five sports later, I have seen all sides of the system that capitalize on a huge surplus supply of candidates hungry to sacrifice for the sake of experience in pursuing a life passion. Operating budgets outside of player-related expenses are shoestring.

Our shared economy had already been skewing towards the freelancer, intern, or (fill in the blank) way to avoid paying a minimum annual salary of $47,476 of which up to 10% of that can come from commissions. The game has now changed in a big way especially for those regularly putting in 40+ hours per week or tied to commissions and lofty revenue goals. In sports, this affects everyone in a big way by threatening profits. Yes, winning may be the goal, but it is still a business.

Gone are the days a salesperson would pick up a phone book to sell. The NBA’s consulting arm, Team Marketing and Business Operations (TMBO), launched in 2000 by the likes of Bernie Mullen, Bill Sutton, and others under the direction of commissioner David Stern. 16 years later, it is still setting the industry standard for best practices by compiling, analyzing, developing, and communicating winning ways to generate results to all teams. Despite convergence, when it comes to sharing and training, the standard and disparity between leagues are still vast along with revenue disparities largely due to differences in media rights,another dynamically evolving area of concern for organizations.

Collegiate athletic departments have even more of an issue because they are oftentimes public institutions that cannot legally pay commissions and operate under uniquely governed legislative circumstances. Where will those hundreds of thousands of extra dollars come for those hundreds of small schools? The answer is grim: more sports will be cut while scholarships and jobs are lost.

Sports and sales in general will have to pull best practices of training, onboarding, and technology from other industries to become more strategic. Proven practices include maximizing the number of two hour blocks without distractions or diversions. Prioritizing one’s day with the most important tasks early, check email twice per day at 10 and 4 and schedule 2 hour blocks to get in rhythm on calls. Schedule outside meetings on one day or early/late in the day in coordination with commute. Eliminate/trim meetings and being on the clock on game day unless necessary.

“Frankenstein” solutions involving a mishmash of workflow technology will no longer work because the returns for the employees and organizations will be inefficiently surmised. Knowing this, one company I have chosen to get involved with is Sponsorship Buddy, which pulls best practices of marketing automation, cloud services, and project management to rights holders and clients alike into one intuitive platform. Such a solution has proven to take staffs from reactive and day-to-day to strategic saving thousands of hours while providing process transparency and great calculated ROI / ROO.

On the surface, average salaries are sure to rise in correspondence, however, the ramifications will be widespread and force us all to become more calculated and strategic. How will you adapt?

Here are a few more takes on the matter:

USA Today: “A new expense looms for college athletic departments”

FanGraphs: “Major League Baseball and the New Overtime Rules

The Migala Report: “Did this cost your salespeople money?”

If you have caught on to any outside or developing trends, tools, or techniques to best capitalize on the circumstances, I encourage you to share them here.

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