Price Pritchett24:28
Well, here's how it happened. I told you we did a lot of executive assessments. And these are very in-depth professional evaluations. But anyway, so here's how it would play. I'd be doing several of these a week. And so let's say on Monday, here comes a candidate and he's going to spend five, six hours with us going through some testing, working up an in-depth interview with me and so forth. And so you'd see this guy and he's a successful guy. He's got a lot of assets going for him, a lot of personal strengths and so forth. Okay. Then Tuesday comes along. Here comes another candidate. Okay? And you look at this thing right off the bat and you see that this guy, it's not the same company he's applying for. He's over here somewhere else, but he's the same age. His academic credentials are certainly every bit as good as this guy's. He packages himself just as well as this guy. His personality is just as congenial and seems skilled with people, all of this, but this guy is making two or three times what the first guy was. And you're like, 'Okay, so what's going on?' This guy made some different choices. And when did that happen? Why did that happen? Because it's not because of potential. There's something else there. Okay. So I would see that for a while, but then I came to Dallas and I started my own company in '74 and I took us into merger work after a few years, which was a whole different altitude of the game. But I began to see the same peculiar dynamic. Here's because we had a variety of clients cut across all kinds of industries and everything. And so here's the story, the anecdote I'll give that kind of makes the point. So let's say you got a $500 million company. It's rocking along. It's doing nicely. It's growing about six, seven percent just organic growth per year. That's company A. Okay. And then I'm working with, let's say, company B over here. And company B happens to be in the same industry. And it's knocking down about half a billion a year in revenues also. And its growth rate is pretty much the same, just good, steady, organic growth. Shareholders are fairly happy, you know. But all of a sudden, one day, company A goes out and buys company C, which is another half billion dollar company. And just like that, company A has doubled in size. That's a quantum leap. They didn't get there by working harder. And that's a mistake that they did it by changing the game. They had to step out of their comfort zone. And frankly, I can tell you, trust me, they didn't totally know how they were going to do it because these things are living, changing deals, right? And you're not going to get it perfect. You kind of do some degree of stumbling through an integration process kind of like you do when you make a quantum leap. You try to get it perfect and you'll never get it at all with a quantum leap. So then, I'm sorry that kind of lost my train for a moment there. But so I'd seen this with individual executives. One's making two or three times the other one. You don't see any obvious reason why. Company A, company B, same size. All of a sudden, they're very different. One is just shot so far past the other one. And I'm thinking, all right, now that's fun to think about. And I sat down and I'd read, I did my doctoral dissertation on self-directed change and fast growth, breakthrough performance. And I had read 25 or more books on success, self-improvement, all of that kind of stuff, all the classics, the Napoleon Hills, you know, all of those. And I love those books. I still love those books. And at the time they were totally ignored by professional psychology. I was going through a PhD program. Those books were never mentioned. I thought this is absurd. But anyway, so because these books tell people how to improve themselves. They don't have to have a therapist, a PhD psychologist or counselor with them. So anyway, I sat down and I thought if I'm going to write a book that I think people will actually read and finish and maybe even reread and talk to their friend or coworker about. And so I sat down and I wrote You Squared. And when I finished it was like this tiny little book. But I have a serious bias toward tightness, the tightness of the message so people don't get lost in the message. You give them what they need to execute. And it kind of is manifested also in the coaching program that we'll be doing because our approach is very much minimum effective dose. What's the least effective dose that gets the job done? And so You Squared turned out to be what, 37 pages with a good bit of white space. There was a study done, I think it's 2022, that found the average adult completes only 46% of our country's adult population complete one book a year. And that's 46% that complete at least one book. I wanted a book that people would read. I meant I wanted them to think. The book gives them space to think, time to think, and then it comes down to execute.