Mark Rangell, Chief Operating Officer at Ryte and a digital health and technology strategy consultant, shared the story of his friendship with Jan Rutherford and Jim Vaselapolus. He highlights the role of curiosity in fostering connections, leading to friendships, business partnerships, and joint investments. Mark discusses the aspects of growing a business, emphasizing the importance of a diverse team with shared values and the use of specific tools and processes. He describes a scaling approach that focuses on principles and responsibilities, enabling team members to understand their roles and align with the company’s goals. Mark believes that successful scaling involves particular techniques, a unified team, and the right motivations for individuals. Reflecting on his career’s various “acts,” including figuring things out, leading turnarounds, and working with a healthcare AI firm, Mark underscores the importance of storytelling over writing books. He advises a mindful approach to stress management, focusing on happiness and controlling what one can.
Key Takeaways:
[02:54] Mark shares that he recently joined Allegiance Stadium’s guest experience team, taking on the role out of a mix of community service and curiosity about the Raiders organization. Despite only working a few games, he now knows every tunnel in the stadium and enjoys full access on game days, including the Super Bowl. Describing the role as a form of leadership, he appreciates troubleshooting and engaging with people from diverse backgrounds.
[05:45] He narrated how he met Jan Rutherford, who was, once, a client during his time at Geneva Pharmaceuticals in Colorado. They quickly evolved into a personal friendship that was strengthened over family outings and casual get-togethers. Their connection extended to Chicago, where Mark and Jim, meanwhile, both in the technology sector, formed a small, trusted group through the Chicago Technology Association. This group provided a safe space for leaders in small to mid-sized companies.
[11:06] Mark explains that effective networking should be genuine and rooted in an authentic appreciation for others. He stresses the importance of curiosity in understanding individuals, leading to friendships, business collaborations, and shared investments. Mark also mentions that successful networking is rooted in caring for people, genuine interest, and effective listening, stating that success and sales naturally follow authentic connections.
[17:12] He shares about scaling a business, emphasizing the importance of diverse individuals aligned by mission, vision, and values. He highlights the significance of tools and processes, citing a scaling mechanism adopted over 20 years ago with a “bill of rights” and corresponding obligations. This approach empowers individuals to question and understand their roles within the organization, ensuring alignment with overarching goals. Mark believes that successful scaling involves techniques, a cohesive team, and the right motivations for individuals.
[19:55] Mark explains that adapting to change is crucial for effective leadership. He highlights the need to adjust communication styles based on evolving trends, emphasizing the importance of techniques that stand the test of time. Drawing parallels with sports analytics in football, he stresses that sticking to outdated methods can lead to defeat, underlining the necessity of adaptation in various contexts.
[21:27] He reflects on his journey, realizing the entrance of what they term “act six” at the age of 60, breaking down their career into different phases. The first phase, or “act one,” was the formative years he spent at IBM and in other roles, focusing on figuring things out and climbing the product management ladder. The second phase involved a turnaround situation where he, along with a group, addressed financial mismanagement.
[26:12] In acts three, four, and five of Mark’s career, he faced both successes and challenges, including being a first-time CEO and establishing a successful consulting firm. Act six, the current phase, emerged unexpectedly through networking. Motivated by the potential impact of AI in healthcare, he joined a healthcare AI firm. He emphasizes his motivation for joining, driven by a desire to contribute to the AI industrial revolution and improve healthcare outcomes. From a leadership standpoint, Mark emphasizes the importance of diversity, curiosity, and collaboration within the team.
[31:57] Mark acknowledges that facing challenges, discomfort, and even clinical depression has been part of his journey, often triggered by business-related factors. He then explains the inevitability of encountering uncomfortable situations and advises adapting to them rather than seeking them out. Mark also reflects on his experiences, stressing the importance of finding points of difference, pursuing happiness, and surrounding oneself with people who bring joy. He defines success as one’s happiness and moral compass, emphasizing that financial success follows hard work and luck.
[35:38] He mentions that he values storytelling over writing books and encourages a conscious approach to managing life stress. Mark emphasizes controlling variables within one’s control, letting go of stress in uncontrollable situations, and focusing on happiness for oneself and others. Reflecting on past challenges, he urges a perspective shift, advising not to sweat the small stuff and to navigate challenges resiliently. He then expresses optimism in the next generation’s ability to make positive changes and leave a better world.
[39:22] Closing Quote: Remember, if you are not willing to risk the unusual, you will have to settle for the ordinary. -Anthony Robbins
Quotable Quotes:
“Networking should come naturally to you.” Click To Tweet “Networking has to be genuine, and you have to genuinely appreciate people.” Click To Tweet “If you authentically care about people and engage in meaningful activities, success, sales, and other achievements naturally follow.” Click To Tweet “The key is to genuinely like and care about people, actively listen, and show interest in their perspectives.” Click To Tweet “Scaling a business involves bringing together individuals with diverse qualities.” Click To Tweet “In scaling a business, connect individuals authentically through a shared mission, vision, and values.” Click To Tweet “Successful scaling requires effective techniques, a robust team, and individuals with the right motivations.” Click To Tweet "There will be times in your life when you face challenges." Click To Tweet "You must be prepared to respond to inevitable and uncomfortable situations.” Click To Tweet “Success is defined by your happiness.” Click To Tweet "Financial success will follow if you work hard, catch a few breaks, and are fortunate.” Click To Tweet “If your guiding principle is happiness, and you're sincerely a kind person willing to dedicate some time to assist others, even if there's no immediate transactional benefit, then you're on the right path.” Click To Tweet “You will encounter challenges, which will build the resilience needed to navigate through them.” Click To Tweet “People learn from stories.” Click To Tweet “Control variables within your control.” Click To Tweet “If you can do it and find joy in the journey, we’ll ultimately reach a better place.” Click To TweetResources Mentioned:
- The Leadership Podcast | theleadershippodcast.com
- Sponsored by | www.darley.com
- Rafti Advisors. LLC | www.raftiadvisors.com
- Self-Reliant Leadership. LLC | selfreliantleadership.com
- Mark Rangell LinkedIn | www.linkedin.com/in/mark-rangell
- Execullence Website | www.execullence.com
- Ryte.ai LinkedIn | www.linkedin.com/company
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