technology – 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?

How to know who won’t leave you on an island.

We live in a social media driven world where our best Friends, Connections, Contacts, Followers and Matches are a click or two away. Because we’re so accustomed to living the “American Dream,” keeping up with the Joneses, and subjecting ourselves to the rigors that accompany these conquests, we’re content keeping up through surface-level digital footprints and sporadic, quick in-person or phone interactions. How many times per day do the, “How are things?” – “Good. You?” surface-level, efficiency-driven interactions play out? We think we know what’s going on, but all we just know what people want portrayed out there because we don’t expend the time to go deeper.

Thousands of contacts connected within a few clicks but how do we know who will come through for us when it’s on the line? Who’s willing to take the time and put in the energy themselves to go the extra mile for you when you’re in a time of need – and then actually follow through?

We’re at an ugly crossroads in America. We see it amongst all the political dissension. We see it as mental health traumas rise. We fight over resources to the point of disassociation with those closest to us. We can’t go deep ourselves, so how could we go deep for others? Are we in it for status or the good of human kind?

Sandwiched in-between two personal quests for ownership after putting it all on the line, I took a trip. Despite better financial judgement, I joined college friends south of the border for the sake of a friend who’s always had the ability to go deeper (Kaveh is pictured right with our chauffeur Carlos).

After some tropical guy’s weekend introspection, I came to some harsh realizations. I’m great at the surface level stuff, but like many guys, I have trouble talking about feelings, needs, concerns, etc. I’m too trusting that if I put it all out there for you, that you will then come through for me. I learned that I try to formulate solutions for everything and in doing so, force things when the square pegs will never fit into the round holes.

With that said, though, I learned that sometimes you need to put people on the spot to realize how much you can count on them. Sometimes, you have to lean on yourself alone.

Paying it forward with no expectations is hard to do but pays big dividends. I recently watched The Kindness Diaries on Netflix, which details one man’s quest to cross the world on a motorcycle with no money relying on the goodheartedness of others. Despite lots of doubters and strifes along the way, Leon made it and repaid those with pressing needs who helped him out handsomely with something that would help get them across the hump. That begs the question, if strangers with very little can do it, why can’t we?

What can you do to interview and determine who’s trustworthy and will come through for you? What are some strategies you’ve used to dig deep and get results during times of need?

Making History with Your Help

Are you fed up with the feeling that your vote won’t account for any positive change? Are you over the stodgy NFL or sick of fantasy football after losing because of weather during 1 freak game or an injury that made all those hours for naught? Are you in need of an exciting last minute Christmas gift idea?

If you’re like me and you’ve answered YES to any of those questions than consider this a call to action.

Meet the Salt Lake Screaming Eagles, the 1st sports team ran by you the fan.

Whether you’re in Utah or not, this is your chance to actually play a role in managing and running a pro sports team. From the city (SLC over OKC) to the team name (after 101st Airborne in a nailbiter over Teamy McTeamface), to the plays ran on the field chosen through a state-of-the-art app, you Joe Fan are in the driver’s seat. It’s Madden meets a Hollywood reality show meets the pigskin meets the future of tech. The voices of fans who have signed up to participate in an industry that is incredibly hard to break in and stay in are being heard loud and clear. In 21 countries and all 50 states, they’ve secured their dream spot as Assistant GM or Analytics Department or as an inaugural Season Ticketholder.

Now it’s your turn to answer the call. If you’re believer in freedom of choice, democracy, technology and football, we need you tuned and ready to make history.

February 16th, 2017. The Maverik Center.

ESPN, GQ, Esquire and other very notable national entities will be there. Can we count on you?

Success in revolutionizing the game requires churning up good companies to sponsor that believe that the fan comes first, groups and true fans and individuals who believe in the “democracy” mission depends on your participation. Unite with me, you believers who nowadays can’t agree on 1 Godforsaken thing. Like which beer the Mav should serve. Together in this and be there with me as it could ultimately in crazy fashion help me fulfill a lifelong dream of running a pro team of which with success, will extend to a a rebranded, democratized league level in due time (2018).

Your Super Bowl hangover will long be over as will the holidays. What next?

Why not join me in staking your claim to be a part of history, giving the power of making decisions in unbeknownst fashion to you. Yes, your voice has now been heard – you make the calls.

But will you answer the call?

#TalonsUp

If you’re interested in becoming a Brand Ambassador, please connect with me, young patriot, and we will get you suited up.

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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