In Traction, Gino Wickman provides a systematic approach to achieving business success through the Entrepreneurial Operating System (EOS). The book focuses on six key components: Vision, People, Data, Issues, Process, and Traction. It helps business leaders clarify their vision, align their leadership team, solve common business problems, and foster healthy communication and discipline within the organization. The EOS system is designed to help businesses overcome frustrations such as lack of control, people issues, insufficient profit, hitting the ceiling, and feeling stuck. The book offers practical tools, real-world examples, and actionable strategies to drive sustainable growth and improve business operations.
In 'Permission Marketing', Seth Godin critiques traditional 'Interruption Marketing' and presents a new approach where consumers are incentivized to accept advertising voluntarily. This method involves offering value in exchange for attention, educating consumers about products, reinforcing incentives, and deepening relationships over time. Godin argues that this approach is more effective in today's cluttered marketing environment, allowing companies to develop trust, build brand awareness, and improve sales chances.
In this Australian Finance Podcast episode, your host Owen Rask speaks with Grant Hackett, OAM, who is the CEO of Generation Development Group (ASX: GDG) - a $1.1 billion company that has grown rapidly in recent years.
In this podcast with Grant Hackett, Owen and Grant discuss:
- What Grant took from the pool to his CEO role
- Why he moved into finance
- How to inspire and lead a team
- How Grant thinks about personal and professional growth
- Investment bonds - how and why they work
- The tax of investment bonds
- Potential changes to Superannuation you need to know
- How Grant makes investment decisions as a CEO
~~ Episode resources ~~
Lifebuilder (investment bond): https://bit.ly/rask-bond1
Childbuilder (investment bond): https://bit.ly/rask-bond2
Grant's LinkedIn: https://www.linkedin.com/in/grant-hackett-oam-30820225?originalSubdomain=au
~~ Partner resources ~~
Join Pearler using code “RASK” for $15 of Pearler Credit: bit.ly/Pearler
Get 50% off your first two months using PocketSmith: https://bit.ly/R-PocketSmith
~~ Rask Resources ~~
All services: https://bit.ly/R-services
Financial Planning: https://bit.ly/R-plan
Invest with us: https://bit.ly/R-invest
Access Show Notes: https://bit.ly/R-notes
Ask a question: https://bit.ly/R-quest
~~ Timestamps ~~
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0:30:00 - becoming CEO of Generation Development (ASX: GDG)
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7:00 - leadership skills
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17:00 - a passion for finance
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18:00 - overcoming doubt to win gold
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22:00 - managing a team more effectively
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30:00 - Investment bonds explained
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35:00 - 10-year rule and 125% rule
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42:00 - Investment bond rules - broken
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46:00 - how investment bonds work
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52:00 - changes to tax rules
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55:00 - how Grant makes investment decisions
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1:00:30 - advice Grant Hackett would give to his young self
DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg
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