Adapting with Integrity - Ryan Simonetti - Not Another CEO Podcast - Episode #14

Oct 22, 2024

Join Ryan Simonetti, co-founder and CEO of Convene, as he shares insights from their remarkable 15-year journey in the event and office space industry. Ryan emphasizes the vital role of core values, especially during crises like the pandemic, stressing adaptability and resilience. He discusses innovative hiring techniques focused on candidates' alignment with authenticity and teamwork. Discover how nurturing internal talent can foster a thriving company culture and the importance of delivering consistent, high-quality experiences across locations.

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Intro

00:00 • 4min

Core Values in Business Success

03:49 • 10min

Consistency in Hospitality Excellence

14:17 • 6min

Resilience in Crisis: Lessons from the Pandemic

20:17 • 9min

Nurturing Talent: The Executive Evolution

29:17 • 6min

Navigating Board Dynamics in Crisis Management

35:28 • 10min

The Shift Towards Experience-Driven Workspaces

45:22 • 5min

Growing Up Entrepreneurial

50:11 • 16min

In this insightful episode, we sit down with Ryan Simonetti, co-founder and CEO of Convene, as he shares the company’s inspiring 15-year journey. Known for its innovative meeting, event, and office spaces, Convene has expanded to nearly 40 locations across nine cities. Ryan discusses the vital role of core values established in 2011, which have guided the company through challenges, including the existential crisis brought on by the COVID-19 pandemic.

Join us as Ryan emphasizes the importance of interviewing for core values, maintaining consistency in a high-growth environment, and promoting from within to nurture company culture. We also explore strategic vision, board dynamics, and the role of outsourcing in today’s workplaces. With reflections on his entrepreneurial influences and insights on leadership and parenting, Ryan offers valuable lessons for achieving long-term success and a hopeful outlook for the future. Don't miss this compelling conversation!

Takeaways:

Interviewing for Values: Evaluate candidates for alignment with your core values, using open-ended questions that reveal character and resilience.
Consistency Across Locations: Maintain consistent service and quality across locations to build customer trust and satisfaction, focusing on training and improvement.
Adapt and Stay Resilient: Stay adaptable and resilient during crises by maintaining hope, making quick decisions, and staying true to your core values.
Develop a Farm System: Promote from within to create a strong executive team by nurturing young talent and providing leadership opportunities.
Effective Board Management: Keep the board small for quicker decision-making and ensure regular communication through transparency.
Work-Life Integration: Involve your family in the business to instill a strong work ethic and understanding of the business world from an early age.

Quote of the Show:

“Everything's a trust trade… and part of my trust in you is that you can manage my expectations up or down, but please just don't surprise me.” - Ryan Simonetti

Links:

LinkedIn: https://www.linkedin.com/in/ryan-simonetti-5873887/
Twitter: https://x.com/rwsimonetti
Website: https://convene.com/

Ways to Tune In:

Spotify: https://open.spotify.com/show/1NQ9oAB2XKlgWeL8iEQXg0
Apple Podcasts: https://podcasts.apple.com/us/podcast/not-another-ceo-podcast/id1751581707
Amazon Music: https://music.amazon.com/podcasts/7c6328f0-9b42-41db-8fe2-d263b4fbb261
Transistor: https://podcast.notanotherceo.com/
YouTube: https://www.youtube.com/@NotAnotherCEOPodcast

#NotAnotherCEO #BusinessSuccess #Convene