Leverage an Advisory Advantage for Future-Proofing with Mike Richardson
March 23, 2023
In this energetic and engaging episode, I have a fascinating conversation with Mike Richardson, an expert on agility and a member of the 4 AM club. We explore Mike’s journey from his early days building hovercrafts in school to working on a Shell oil rig and how these experiences shaped his understanding of agility.
Mike shares insights on staying within the green zone of organized chaos, the importance of innovation, and his powerful concept of “conversation flow to cash flow. ” We also discuss the value of different types of advisory boards and the importance of external input in future-proofing businesses, leadership, and careers.
Mike covers the essential elements of a successful advisory board and how to avoid common pitfalls. We emphasize the importance of having a balanced mix of left and right-brain thinkers, as well as a tactical and strategic focus on both short-term and long-term goals.
Additionally, we explore the concept of “future hunting” and the fringe and the importance of engaging with external perspectives to stay ahead of the curve. By understanding these key principles, businesses can effectively future-proof themselves and tackle uncertainties with confidence.
Join us on this enlightening journey and learn how to navigate the chaotic world we live in with agility and confidence.
Agility Expert, Coach & Facilitator
Peer Groups & Advisory Board Leader
Certified Chair, Advisory Board Centre
00:40 Welcome & Introduction
01:32 Mike’s Morning Drink & Morning Routine
05:00 Finding Hazelwood
10:44 Mike’s Secondary School Years
15:00 University & Mike’s first Job on Oil Rigs
26:13 Next Steps to CEO of Aerospace Company
30:32 Lessons Learned as CEO
34:02 Portfolio Career
36:14 Conversation to Cash Flow
38:42 Advisory Board Insights
40:57 Advisory Boards as Radar Scope
42:42 Leverage an Advisory Advantage
47:06 Advice to CEO about Building a Board
51:51: Three Things Not to Do With Advisory Board
55:50 Future Hunting
58:26 Rapid Fire Questions
⏺ Temecula Wines
⏺ Leoness Cellars, Temecula
⏺ Hazelwood, UK
⏺ Hazelwood Castle Hotel
⏺ Schoonebeek oil field
⏺ Deepwater Horizon Movie
⏺ Conversation to CashFlow
⏺ Advisory Board Centre
⏺ English Premier League App
⏺ Exponential Age Audio Book on Audible