Amanda Northcutt (00:00)
Hello and welcome to the Level Up Creators podcast. I'm Amanda Northcutt, founder and CEO, and we help digital thought leaders like you turn their knowledge and experience into rock solid recurring revenue. Today's episode is part of our special series featuring our MRR Accelerator participants, giving you an inside look at who they are, what they bring to the table, and how we're teaming up to transform their businesses.

I am thrilled to welcome today's guest, Therese McCleod. Therese uses her decades of experience as a leadership development consultant in order to create strong, effective leaders. From working at a multi-billion dollar industrial automation company to consulting for Fortune 500 global organizations in tech, banking, retail, and media, she's seen firsthand what great leadership development looks like and what happens when it's missing.

Through our work together in the MRR Accelerator, Therese is building a scalable, recurring revenue-based leadership development offering, bringing her expertise to even more organizations that need it the most. Welcome, Therese.

Therese Miclot (00:56)
Thank you, I'm so happy to be here.

Amanda Northcutt (00:58)
I'm so happy to get to spend this time with you out in the open. We've had lots of conversations in the past month or so, and it has been such an absolute pleasure so far. only three weeks into the accelerator, but we're already having a lot of fun, and I'm so grateful and appreciative of your time today. So thank you for being here. So you have worked with organizations, I mean, ranging from high-growth startups to global Fortune 500 enterprises, like I just said.

I am curious to hear from your side of the table what leadership lessons have remained constant across that span industries, company sizes, geography, what's true across the board?

Therese Miclot (01:41)
Yeah, there are some things that are just universal and it really doesn't matter if you're a scrappy startup or you're a hundred year old company. I keep coming back to, think the common denominator is that either leaders are creating clarity or they're creating confusion. I've been a part of startups or seen startups that make decisions right on the spot. And I've seen large companies get caught up in the bureaucracy and layers of approval. But one thing is,

really makes the difference is when, first of all, leaders can really set clear expectations. And I see it all the time where they think they do, but they don't. So people have different interpretations of what needs to be done. And it creates confusion. And so that's been a universal truth, that the more leaders create clear expectations, the more they're going to help the business thrive, regardless of size.

Another thing is that, you know, watch out is when you normalize or tolerate, you know, behaviors that, you know, are not holding people accountable. And by that I mean, you know, a lot of times I'll see in organizations where they'll let certain things slip, you know, they'll like give someone a pass and they might be hitting their sales goals, but they're really difficult to work with. And it's like, we just got to live with that person.

And so when you tolerate that, whether again, you're a five person organization or a 5,000 person organization, it's a problem. And then the third, think universal truth is that trust is built in small but meaningful ways and they're built over time. that you can't count just on, you know, a big splash of, you know, a culture reboot or launch or, you know, a big, you know, town hall meeting.

to think that employees are gonna feel that they belong, that they're motivated, that they're engaged. so that leaders, no matter where you're coming from, you've got to build trust in consistent ways. And it happens in the everyday moments, not in the big splashes.

Amanda Northcutt (03:53)
Mm, that's a great answer. It brings a lot to mind. I've definitely worked for a couple of bosses who think that we can reach inside their heads and extract what they're thinking, right? But in fact, you have no clue. You've not communicated context clearly. That externalization process, writing is like the great clarifier as well. And so I love documentation of priorities and accountability frameworks and things like that. So I can imagine you've seen dozens of manifestations of

I mean, in huge organizations like you're working with, we're talking about really significant cascading effects. Do you have a story you can share about any of those that's anonymous?

Therese Miclot (04:30)
Yeah.

Sure. Well, one that just happened. I was just talking to a client from a big company and like most companies these days are going through pretty big change. And she was lamenting like, you know, we've done all these, you know, town halls and messages and all this stuff and people just aren't, you know, aren't shifting. And the reality is, this is back to trust is built in small moments. It's because they haven't had one on ones. They haven't prepared their leaders.

to go beyond, well, just forward this email. And so they're not seeing people adapt quickly enough. And that's, again, that problem, big company, small company, when you don't get people aligned very quickly. And so I see that all the time, and especially because when you're the founder of the company or you're senior leader in a big company, you've had time. You've worked out the change you have to go through, but

other people haven't. And that's a problem when you haven't thought down the chain, how am I going to get people to understand it in a way that's meaningful to them?

Amanda Northcutt (05:46)
Yeah, definitely. It's got to land on that individual level. Okay, well, that's fresh. Let's talk about why you do what you do, because it is deeply, deeply personal. I you've shared with me that you watched your mother work tirelessly under terrible managers, and that's probably a generous term, after you lost your father when you were just 13. And so how did those really early formative experiences shape what you do now in your approach?

and if you would share sort of what your mission and why is in the work that you do that would be great as well.

Therese Miclot (06:21)
Yeah, I think maybe this is relatable to everybody. You have these like major moments in life that set the trajectory of your future. And certainly that was a moment that really set me up for what I do today. And like you said, I watched my mom who wasn't degreed, so didn't have a career, need to enter the workforce with very little skill and found herself working for really bad bosses.

and not giving feedback, not building trust over time, all these things. And so as 13 year old, I'm watching my mom come home every day, just deflated, right? Just not having any choice because she had three teenagers to feed and not much money to go around. And so I had to get a job as did my brother and sister. And I eventually found my way into my major, which was industrial organizational psychology. And the reason I fell into that

career, that degree was because I was really kind of hell bent, honestly. I want to eradicate bad bosses from the world. And know that's pretty lofty because there's a lot of them. But I think that even when I work with senior leaders, in the back of my mind, I'm thinking to myself, of course, I want to help you succeed. But I'm actually thinking about the people three, four, five layers down from you.

Amanda Northcutt (07:28)
Yeah

Therese Miclot (07:45)
that you probably don't even know, but people that do not have a lot of choice and don't have a lot of power and have to work for those that work for you and you create a shadow, you model behaviors. And so that has driven me for the past 25 years is that because you don't leave this stuff at work, you bring it home to your family. And I just felt like I had a calling to really address it at the top level.

but always in the back of my mind thinking of those that have less control, less power.

Amanda Northcutt (08:21)
So you have been quite emotionally intelligent for a long time. mean, to be a 13 year old, I can imagine myself at 13. I have a 13 year old boy. I don't see him necessarily doing this. And he's quite an empathetic person, but really to like realize that that was happening with your mom at that age while you, can imagine, were grieving enormously yourself and your siblings.

So obviously that's a theme that you have carried through and through in every step of your career. So tell us a little bit more about your methodology and approach with your clients as it relates to all of your past experience.

Therese Miclot (08:59)
Yeah, I think that I come in, one, I want to be as practical as possible. So I don't come in with a bunch of theories that I pontificate on when I'm ever working with a leader. Actually, my starting point is to be a really good listener. Because I think the starting point always is to understand the pain points and the pressures that a leader is experiencing. And they're experiencing them in their unique way.

And so when I can really listen and uncover like what's the root of the issue, sometimes it's, you they're not a great boss because they don't know how to delegate. It's just on a call with a leader who's stuck because she's, she's constantly in the super doer mentality, right? She was, she's really good at her job. And so everybody, there's a line literally out her door every day because she's a problem solver.

Well, the problem is she was promoted to a pretty senior role and she hasn't created capacity to start working on the more senior things. And so my approach is always, okay, so what's underlying it all? know, is it again, is it a delegation skill? Is it that they're not capable of giving feedback? Is it that they don't have emotional intelligence? They're just kind of operating as like one size fits all approach to leading people, which we know never works. And so I feel like I have a bag of tricks that I've

you know, developed over 25 years and also being a leader of teams in my past. And then I can, you know, pick out the right tool to fix the the right ailment, if you will.

Amanda Northcutt (10:34)
Yeah, and you have a lot of tools in that toolkit. We've been through a number of them and there's surprises at every corner. I feel like you've got a bottomless toolkit, which I mean, what an incredible gift and talent to bring forward into the world, especially to these massive organizations who do have layer upon layer upon layer upon layer. So your potential for impact in those cascading interactions is enormous. So that's a very interesting niche. And you have recently also

written a book, you're working in group formats now. And so tell us a little bit about your book, The Facilitation Advantage, and your group programs.

Therese Miclot (11:14)
Yeah, so the book is called the titled Facilitation Advantage. And for most people, they're like, well, that's not for me. I'm not a facilitator. I'm not a trainer, right? I just lead other people. But the reality is we are all facilitating every single day because what you're doing is leading a staff meeting. You're presenting to your senior leaders. You're having one-on-ones. And that is facilitation.

Because at the heart of it, it basically is how you make things easier for people to understand, to buy in, to overcome obstacles. We're all facilitating all the time. And I really believe there's a set of skills that underlie that. And this book is really meant to be a way for people to come at it from a not like I got to be good at everything, but like what are the one or two things that are skill-based facilitation?

contributions or components that would really raise my gain. For example, maybe it's your mindset. Maybe the chatter in your head doesn't support you in high stakes moments. So you've got to get that straight. Maybe it's listening that you get stuck in meetings where you want to engage people, but all you get is crickets. And so it's like, what's up with that? Or you're the eighth meeting of the day. Everyone is exhausted. You have a lot to convey.

And maybe you make a choice instead of just flat out giving information, you tell a story. And so it's meant to be a really helpful resource for someone to kind of assess themselves on those contributions and then just go where you feel like it's gonna add the most value for you.

Amanda Northcutt (12:53)
Yeah, so would it be fair to say anywhere where you want to have influence, the facilitation advantage would be a helpful starting point or framework.

Therese Miclot (12:58)
Mm-hmm.

Exactly. And especially think of like, a lot of us are stuck in places where you have to influence without authority, right? Like you, you know, like whether that's even your, you know, you've got a board of directors that you have to influence or you're in the middle layer of the organization and you're stuck kind of between, between people. So yeah, it really is about how to unlock your capability to collaborate, to get things done through others, to influence, communicate more effectively.

Amanda Northcutt (13:10)
Yes.

Therese Miclot (13:31)
And I think we've distilled it really nicely in a very practical way for people.

Amanda Northcutt (13:37)
Yeah, absolutely. And you've done one-on-one executive coaching for many, many years. You do lots of group trainings. You do speaking engagements. But tell us about these new group programs you're hosting.

Therese Miclot (13:48)
Yeah,

OK, this is my real passion that I think I really found, particularly in the last couple of years. And that is group coaching. And I really believe it's kind of the way people want to learn these days for a couple of reasons. One, executive coaching is a very, very expensive proposition for most. And it's kind of out of reach. And it's one on one. And then training sits out there. And you might be one of 25, or maybe it's self-directed.

you're doing LinkedIn learning, which is all good, but it's not maybe fulfilling everything you need. And I think group coaching fits in a sweet spot because what I've designed with my collaborator is group coaching plus elements of individual coaching. So you get the best of both worlds. And I just think that leaders want to learn from others, not just from theory or models, which we bring.

But the magic happens when you're with others that you respect and regard. And I'm personally experiencing that in the cohort that you created. So it's been very reinforcing and I'm sure we can touch on that too.

Amanda Northcutt (14:59)
Yeah, definitely. So walk us through your group training methodology or group coaching methodology a little bit. What does that look like inside of a company? said there's a mix of one-on-one with the group elements. so talk more about sort of that process and the magic and some of the key differences and then outcomes and transformations of the program.

Therese Miclot (15:19)
So we start back with listening, like really understanding where's the business headed and so what do leaders need to be equipped with in order to be ready as the business grows. And so we have, we pull on kind of best practices, curated content that we know makes a difference. And we design that usually with the CEO or senior leaders. And so we create the program around those burning needs. And again, they might be

How do I manage time and energy, which seems to be a big one for mid-level leaders these days? How do I develop my emotional intelligence? How do I think in a more strategic way? How do I give feedback? So we build it around what the business needs and people needs. We meet them where they're at. And then we have interspersed throughout those group meetings.

one-on-one coaching. So you can go a little deeper in the place where, you know, I need more on this, but maybe the group doesn't. So you get to have, you know, several conversations with me or another one of my colleagues to really get to what you need beyond just the, you know, the group dynamics.

Amanda Northcutt (16:38)
It's really cool that you have so many tools in your toolbox that you can come in and create with surgical precision, a bespoke program for an organization based on their unique stage, where they're trying to go, what's keeping them from getting there. I think that's really special. And I also love that you just completely light up when you're talking about that and that you have really found an area of emphasis and passion at the stage in your career. I think that's phenomenal and very excited to be a part of this journey.

with you. Okay, one more question. This is maybe for my own curiosity as much as anything else, but I think we can probably both agree that some companies succeed despite themselves, even if everything is duct taped together and the wheels are falling off, at least from the outside, it appears as though things are going okay. So what separates businesses from ones that intentionally cultivate strong leadership and bring people like you in? What is the difference under the hood?

between the places with the duct tape and the wheels falling off and those that are truly humming along and what it looks like on the outside is actually a reflection of what's on the inside.

Therese Miclot (17:46)
Yeah, I think there's some companies that they have something else special that's working for them. And it might be that's really operating in their favor. Maybe it's a product that's hitting the market at exactly the right time. Maybe it is market conditions that have just exploded for them. Maybe it's because they have a very unique founder who is this genius that can never be photocopied. But I think that it works until it doesn't work.

You know, like I think it operates a little bit on luck that way because the conditions were perfect. Whereas I think if you're going to build a solid foundation as an organization, you can't rely on those unique special variables that just kind of came together in this kind of perfect, you know, synchronicity. Because I think the companies and the founders that are thinking more strategically are recognizing that I've got to build a stronger foundation.

And it's going to something that's more sustainable than, you know, a good couple quarters or, you know, just hitting the market just right. And it's going to come down to your leaders, because if you're running an organization that in some part depends on the capability of other humans, then it's going to have to be about how do you create a culture and an environment where people know they are going to be held accountable in a fair way.

that they're going have an opportunity for growth, that they're going to have an opportunity to contribute, that's going to make a longer standing successful company over years versus those that, you know, maybe have success for a few. Yeah. Yeah.

Amanda Northcutt (19:31)
For a hot minute, yeah.

And I can also imagine, I mean, back to your first point, are organizations who are successful long-term, really have the foundation for success and are not playing the quarter-by-quarter game. I can imagine they communicate well, they don't tolerate bad behavior, and they do build trust in small, meaningful ways, right? Like those of all probably have to exist, yeah.

Therese Miclot (19:44)
Yeah. Or...

Yeah, and so one quick story is a founder that we're working with right now. And it was, through sweat, equity, hard work, built this amazing company and it's thriving. But now he's at the place where he recognizes that his leaders are the bottleneck. And it's like hitting him smack dab in the face.

Amanda Northcutt (20:16)
Ouch.

Mm-hmm.

Therese Miclot (20:19)
And

now the good thing for him is he's spotting it and he wants to do a pretty hard pivot and kind of reset what does good leadership look like? What are we expecting of leaders? And we're really helping him build that foundation at the same time that this business is like dramatically growing. And so I guess I'd say it's never too late until it is too late, but it's the wise leader that's kind of recognizing and spotting the signs earlier.

where there's a leadership gap.

Amanda Northcutt (20:53)
So would you say that it's the self-awareness and emotional intelligence and things like that, that that plays a key role? When someone's ready to bring you in, they've got to have those things, probably.

Therese Miclot (21:04)
Well, I wish. I don't know if they always do, but they certainly feel the pain points. It's back to like they can't throw as a business is scaling. They want to throw to their next line of leaders and pivot and look at, is that person capable of now leading this strategy or taking on this new venture or helping us acquire this new company? And they're like, I don't have the skill. I have a skill gap.

Amanda Northcutt (21:09)
Okay.

Yeah.

Therese Miclot (21:31)
So sometimes it's the cold water of reality that I don't have anybody to throw to. And if your only answer is I'm gonna hire from the outside, one, it's a very expensive proposition. Now your culture is getting diluted with new people and that comes with a whole host of other problems if you're not growing from within.

Amanda Northcutt (21:55)
Yep. Yeah, no kidding. Those HR metrics around engagement and retention are there for a reason.

Therese Miclot (22:02)
Yeah,

and even if you go down to like, what is the cost to replace a professional position? You know, could be hundreds of thousands of dollars, depending on the level of the role. And so think when you can make it really tangible, you got the CFO and the CHRO, you know, like being able to spotlight, do you know, you know, there's, you know, one company I work with that they, they quantified it to millions of dollars to the bottom line, because they had this, this attrition problem.

And when we dug deeper, was because of how leaders were leading.

Amanda Northcutt (22:35)
Yeah. Well, that's why people like you exist and thank goodness for it, right? Well, speaking of laying the foundation for your business, I you already have a successful consulting and coaching practice. Hands down, you are successful. So what ultimately led you to explore building a monthly recurring revenue driven business instead of continuing on more of a traditional one-time revenue model?

Therese Miclot (22:40)
I hope so, yeah.

Amanda Northcutt (23:04)
What was appealing about that?

Therese Miclot (23:06)
Yeah, I'll tell you, it was a pretty easy choice to make when I really understood what you're offering. And one was that I want to be much better at standardizing things. And when everything is a unique situation and requires kind of unique support, that's hard to scale for sure. And I also back to like foundation. I grew my business and my accounts and clients over time.

Amanda Northcutt (23:25)
Yeah.

Therese Miclot (23:36)
But I also know that where I spend my time isn't necessarily on the structuring of the business that would be able to scale, that would be able to manage more revenue, more income. So I really felt like this was the time. And I think like a lot of creators maybe listening to this are at a pivot point where working harder is just not sustainable. And so you have a choice to make.

Like I can keep grinding it out, but I don't know if that's, you it certainly wasn't a good answer for me. And so I felt like it was a pretty easy decision to join up with you.

Amanda Northcutt (24:19)
Cool, great, I'm glad to hear that. Thank you. Tell me how your experience in the accelerator so far, again, we're three weeks in, has that shifted your vision for what's possible with your business?

Therese Miclot (24:36)
For sure, for sure. I think it's really, especially if you're a solo entrepreneur, it's really easy to have limiting beliefs. And you need other advisors, others around you that can help you see it through a different lens and ask you really smart questions that you haven't asked yourself yet. And I think that's awfully hard to do on your own.

And already in the three weeks, I'm thinking differently, which I think drives a different set of behaviors, which is the first thing that I'm seeing. Like I'm approaching work with a different mindset. And it's already steering me to spend my day in better places. And honestly, you guys are great at holding me accountable, which can be easy. There's a million things I could do every single day.

There's value in the structure that you're providing because it keeps things front and center on really being able to accelerate this plan. And we're equal partners here. I have to be able to respond quickly and meet the requests.

Amanda Northcutt (25:57)
Cool, okay, that's great. Thank you for sharing that. you are a very skilled decision maker and you help other people make big high stakes decisions all the time, really, really high stakes stuff and big Fortune 500 companies. And so I would love for you to share how you approach making big decisions, how you help other people make big decisions. And did you sort of overlay that framework when you were thinking through

you know, should I join this six figure accelerator program?

Therese Miclot (26:28)
Mm hmm. You know, I speak a lot to clients about the value of as an entrepreneur, you need to have a telescope and you need to have a microscope. You need to know when to use both. Right. Like there's some time you got to get really close into what's happening or problem solving. Right. And I think that decision making requires you to have both. Right. That

you have to be able to really kind of look closely and objectively at the problem or the challenge. Sometimes it's not a problem per se, but like, what are we trying to solve for? And that requires the telescope, right? To then look at, okay, instead of just doing my day to day, which, you your days get just filled, I have to be able to pause at some point and say, okay, so what am I trying to solve for? And...

Amanda Northcutt (27:04)
Yeah.

Therese Miclot (27:18)
And what do I want my future to be? Because if you don't, you know, it's kind of like, you know, going anywhere without a map or, you know, any kind of navigating device. And so I think that decision-making starts with your ability to, you know, be able to think strategically about what are you trying to do with intention as opposed to, and what's really easy to do.

is just be kind of a short order cook with the work that comes in. Because you can have a mentality of like, I'm gonna grab everything that comes my way. And you're helping me already think differently about that, that not all the requests that come my way are gonna match the direction I wanna go. And being okay to make some of those tough decisions, in the long run is going to help me get to my North Star.

Amanda Northcutt (28:15)
love that question, like to what end or what am I trying to accomplish here? I mean, that will get me, that got me unstuck the other night thinking about a very specific business problem. And I just pulled out, you know, 35,000 feet, right? I got, I got the telescope out and was like, what am I actually trying to do here? And then as soon as I answered that question, everything else flowed out of me. I love that you shared that there's lots of good tidbits. feel like we're going to be able to extract from this.

So thank you. So the MRR Accelerator, as you obviously know and mentioned earlier, it runs on a cohort model. So we have a Slack, you know, collaboration channel for the team. do weekly group coaching sessions. So I'm curious about how the group dynamic and community is resonating with you so far. And then how do you feel about sort of that group coaching vibe versus what this program might have looked like if my team and I were working with you one-on-one, which is what we have traditionally done in our consulting firm.

Therese Miclot (29:15)
I'll tell you, I was probably more than a little skeptical because you never know. I didn't know these people. In fact, even I think when I signed up, I still didn't know until you did the introductions. I cannot tell you how valuable it is in this process. I think maybe there's some sort of magic, but you curated a group of people.

Amanda Northcutt (29:22)
Yeah.

Therese Miclot (29:42)
who are very complimentary, but not redundant. And I think I was a little worried, right? Like if it's just a group of people that are just like me in the same space, I'm sure I'll learn. But what I've really, really valued is that it's these really, really wonderful people that are approaching their business in a unique way, but we're all striving in a way for the same thing around, you know, growing our businesses in a sustainable way.

And already, like we're reaching out to each other, you know, beyond the sessions you facilitate. And I think also we all kind of all started to suffer from a little like imposter syndrome, like, my God, I'm with these people. These are amazing, talented people. And so, you know, it's great because of course I facilitate.

group cohorts and to be a part of one that just feels so supportive and I'm learning so much from, it's again, I didn't expect it to be as good as it is.

Amanda Northcutt (30:50)
Great, I'm glad to hear it. And I completely echo the sentiment that this group is amazing. mean, brilliant, brilliant, amazing humans who are all actually really helping their customers. Like there's real value outcomes and transformation that are being provided. And moreover, these are people who are emotionally intelligent and have empathy and actually want to help make a difference. And so that's very rewarding. It's so fun to be a part of.

Therese Miclot (31:17)
Yeah,

and like also interested in helping each other, know? So even on our last call, there was, you know, one of the cohort members that offered a tip. And I mean, you probably don't know this. like scribbled it down right away. I'm like, my gosh, that is gold. And it wouldn't have come up if you were just working with me one-on-one. And so it's just exponential.

Amanda Northcutt (31:21)
Yeah.

Great. That was the idea. Yeah, that was definitely an imperative for this group and will be for all the cohorts moving forward. But I feel like this first one has come together in a really, really special and cool way. So I'm glad that you're feeling already the exponential effects. And the idea is that this will be a long term differentiator for you all is that you have each other. So I think that's really cool.

Therese Miclot (32:02)
I think you need to also have a retreat for us. think in the future, you need to have a retreat and a really cool, warm, beautiful place.

Amanda Northcutt (32:14)
where I just came back from.

Therese Miclot (32:15)
Yeah, you

can just go with you. You're going to go every year. Why don't you bring us with you? I don't get it.

Amanda Northcutt (32:22)
that's so funny that you say that, Therese, because I've been thinking about in-person retreats and have not even shared that with my team. So this will be news to them. So that's funny. Yeah, I mean, and you're absolutely right. We do need to figure out a way to do that. That would be incredibly fun. OK, so what ultimately gave you the certainty and security to join this experimental, if you will? I mean, this is, our first cohort.

How did you know that was the right chess move for you at this time?

Therese Miclot (32:56)
Yeah, I mean, certainly the fact that you have a guarantee is, you know, I've never ever seen anything like that, that someone that would stand so firmly behind their work that they'll guarantee it. that, I mean, was just so unique and just drew my attention months before we even talked. The other thing I think is that I have always found this to be true for myself is that I know I'm doing the right thing when I'm a little bit scared.

Amanda Northcutt (33:19)
wow.

Therese Miclot (33:27)
and equal parts excited. And that's where I'm at. And, you know, because you're pushing me in ways I hadn't thought of, you you're asking me questions that are making me really think deeply. And I think you have to be at that place. I think you have to be willing to be a little bit scared and a little bit excited. And I felt that. And if I didn't feel that, then I don't think this would have been the right thing for me.

Amanda Northcutt (33:29)
Yeah.

Therese Miclot (33:55)
And so I reside there in these first three weeks. I'll probably still stay there for the whole length of things. But I think you really have to be ready to take a risk, take a leap. And you made it so safe to make the leap that even as I tell other people, they're like, are you serious? Is this real? I know, I can't believe it either.

Amanda Northcutt (34:15)
Hahaha!

Yeah, it's like we're jumping off this cliff together, but I've got a really big parachute for us. It's all good. And I love that you're saying that, you know, there's a little fear involved because what got you here won't get you there.

Therese Miclot (34:24)
Next.

Yeah.

Right, right. And I think that's always the kind of the gut check you have to do as an entrepreneur. If things are just starting to feel so comfortable, that might be fine. If that's what your dream is, is to not really, maybe be an autopilot. And I think there's nothing wrong with that at all. But I think if you really see a runway for your business and you, more than anything, and I think this is true of every cohort member, we feel like a desire to help the world in our own unique way.

Like, right, we have these gifts that are boiling out of us that we have to give. And how do we amplify that? And you have a big parachute, but you also have a pretty big microphone and amplifier. And I think that's a signal that this could be right for you.

Amanda Northcutt (35:23)
Mm, that's good advice. So other than hitting your multi-five figure MRR guarantee, which is, I know, a huge draw to the program, but outside of that, what are your biggest goals for our time together?

Therese Miclot (35:37)
You know, some of it is like new thinking, is the expertise that you bring. I really do feel like I have, you know, I have a fractional CEO, I have a fractional CMO, have a fractional IT person, and all the aspects of the business that are, you know, like gears and machine that, one, some I didn't even know that I needed, and two, that I haven't ever greased.

I haven't ever really thought about, and particularly at this time and stage where AI is exploding, and I could go spend all my time trying to figure that out, but that's not the best use of my time. And what I'm looking forward to getting out of that is this huge leap in terms of expertise that I don't have, nor will I ever have, to set me up on a new level.

that then I can keep building the business from.

Amanda Northcutt (36:40)
Nice, yeah, because you don't need this level of help forever. That's the coolest thing about this accelerator program is like, you don't need my $100,000 payroll. You need a fraction of it. And that's what get,

Therese Miclot (36:50)
Yeah,

exactly, exactly. Yeah.

Amanda Northcutt (36:54)
And so, I mean, that is certainly your goal to build a machine, demonstrate the machine works exceptionally well, and then set you on a path to take your business really as far as you want to go for as long as you want to do it. And then make sure that you have optionality retention at the end of the line if you want to sell your business or whatever the heck you want to do. So that's definitely the goal.

Therese Miclot (37:16)
Yeah.

And I really appreciate, think, you one of the first conversations we had, you're like, look, we're not creating dependency here. You know, like this isn't some deal where now you're going to need us every time, you know, there's a brand update or a new piece of collateral or content. Like it's, it's to help make you independent, but you know, to kind of, you know, give you a slingshot in the direction you want to go. And so I really appreciated that.

Amanda Northcutt (37:45)
Awesome. So at the end of our seven month accelerator, which will be at the end of August of 2025, what do you believe you will be able to do that you couldn't do before and why does that matter to you? Obviously, it's not just about the money piece. Again, what foundational skills do you hope to gain that you will carry forward and that will be meaningful?

Therese Miclot (37:57)
Thank

I think one is to know and feel very confident in what I'm saying no to. If I could really, like, this is not, you know, one of our cohort members, I want to find my people. And in addition to that, I want to stand firm in knowing where, you know, where I'm a good match for a problem or pain point and where I'm not. And if I can walk away with a lot more confidence and clarity,

Amanda Northcutt (38:12)
yeah.

Yeah.

Therese Miclot (38:36)
so that I'm not spinning my wheels and I'm adding more value in the places that need it. That's gonna feel like success to me. The other byproduct of that is that I create more time for other things. You know, that you've talked a lot about, this is also about helping you live the lifestyle you want. And I'm at a place in my life where I want to kind of transition from working.

Amanda Northcutt (38:52)
Yeah.

Therese Miclot (39:05)
you know, every weekend, you know, endlessly, never, never kind of turning it off to being able to have some standardization where I can turn it off. I can free up myself to, you know, keep thinking and dreaming and creating and not be beholden to the next email, you know, the next call that, you know, I feel like I am today.

Amanda Northcutt (39:29)
Yeah, and decoupling money and time. I think that's really, really key is, you know, we're not building packages based on hourly inputs, but we're building packages based on value, outcomes and transformation that your 25 years plus really experience brings to the table. And so I think that's like a key mindset shift for all of our clients, the accelerator participants, everybody listening is that if you can decouple your time from your income,

Therese Miclot (39:33)
Mm-hmm.

Amanda Northcutt (39:58)
directly, you will create extraordinary leverage for your business and for your life. And so thinking about how you deliver solutions in a very different way and people aren't paying for your time. mean, when you get brain surgery, you're not paying the surgeon by the hour. You're paying hundreds of thousands of dollars because of this skill. And so, you know, in a consulting environment and coaching environment, it's the same thing.

Therese Miclot (40:18)
Thank you.

Yeah.

Amanda Northcutt (40:27)
but those worlds typically don't collide very much. Like we don't think that way enough, especially as individuals when, you know, if we're coming from a corporate environment where we're paid on a salary and we break that down to an hourly rate and maybe base our first consulting engagements based on the hourly rate we used to make at our corporate job. So that's kind of a funny switch, but it's a very important switch to flip to be able to move forward in a completely different way, taking into account lifestyle considerations.

Therese Miclot (40:45)
Yes.

Mm-hmm.

Yeah.

Yeah. And I think that's why it makes a lot of sense that it's the length that it is because that's not a, that's, that's a very different mindset shift that I'm continuing to work through. And, and you need the time and you need the structure to be able to shift to that way of, of running a business.

Amanda Northcutt (41:07)
Mm-hmm.

Yeah, and that's like what these weekly group coaching sessions are really about. So the way that I've been noodling on the MRR method and this program and how it all works together and what are the exact prerequisites for each step and just had kind of this very tangled ball of yarn of ideas in my head. And so how this sort of came to be is I went to hang out with Natalie at the end of October. Like we spent a couple of days together and.

put our heads together, within four hours of my arrival, we had the entire program hammered out. And it went from, there's a ton of deliverables and hands-on work. It's quite bespoke. It's different for every person, still on the MRR method. But just like you were talking about with your group program, it's like we've got all these tools in our toolkit and we know how to arrange and bring those into the fold for each individual based on their, where they are now, where they wanna be and what's keeping them from getting there. That's kind of what this is all about.

to the end of your MRR guarantee and your lifestyle considerations and building a business that can scale if you want it to scale. And so there's lots and lots of deliverables and work, but we came up with all of our group coaching topics because we're like, these don't fit anywhere else. And so there's so much that there's so much knowledge transfer that needs to happen that is not necessarily on paper or part of your strategy document or your product ladder or product development tables or, you know, ideal customer profile and things like that. And so

We do hope that this is reflective of a quite holistic program from mindset to practical information, accounting and finance and decision making and how to think about the documents that we deliver for you. And like you said, we're trying to not create dependencies. We're trying to push you out of the nest at the end of the seven months, if you will, because you...

Therese Miclot (43:09)
I don't know we're gonna be ready to go, but you

know, we're gonna have to fly. We're have to fly.

Amanda Northcutt (43:13)
We'll be here if you need us for sure.

Yes, but you will be equipped to do that. And so that's kind of like how the, that was the sausage making of the program. It was a big hot mess, but only for literally four hours. I just needed my partner in crime, Natalie, to get that sorted out.

Therese Miclot (43:32)
I hope you took a picture. I hope you, you know, you were able to commemorate that moment because you're to look back on it and be like, that's where it all happened.

Amanda Northcutt (43:36)
Yes.

Yes, her massive kitchen island. had hundreds of Post-it notes out on there. So yes, that'll be a fun thing to look back on in future years. But OK, I have to ask you one more question. It's not on our prep doc, but for the leaders, managers, aspiring leaders and managers and entrepreneurs and solopreneurs and solo CEOs and creators who are listening, what's your top three pieces of advice, leadership advice for them?

Therese Miclot (44:07)
I think it all starts internally. The first one would be you've got to be really able to be self-aware. You really have to be able to understand clearly how you're showing up and face what you're doing extraordinarily well, but also not shy away from the areas where, you know, like all of us, you're not perfect. And so I think you have to be ready to be willing to not be the best person in the room at all times.

and be willing to focus on how do I build the other people to be the best. I think that's one. I think two would be, you know, the skill I always come back to that is just universally true is listening. That if you're going to double down on one skill, it's got to be how well you actively listen. And here's the truth, Amanda, like as humans, we are not designed to be very good listeners. And, you know, especially as leaders, if you've like,

You've been in your job, you're great at your craft. It's so easy to think, I already know what you're gonna say. If you stop talking, I will give you the answer. And I just think that it is the hidden skill that will propel your career in ways you don't even realize. And so that would be my second. So self-awareness, listening. And I think my third would be...

how well you're able to adapt your message to your audience. So I think it's this, you and this is, we talk about this in the facilitation advantage, this idea you have to be really able and willing to shift how you communicate to your audience. So whether that's announcing a change to your whole staff, you're gonna have to be thinking about, if I step in their shoes, they're going to want to know what does this mean for me?

Not just what does it mean to my customers, what does it mean to the bottom line, what does it mean to me? And so then if you're with the board of directors, you're going to have to shift dramatically to how you communicate to that audience. And the more you have this versatility, this flexibility, the more people want to work for you, the more customers want to hire you. And so that would be my third one. It's versatility. It's how you're able to shift your behaviors to those around you.

Amanda Northcutt (46:30)
Ooh, that's a good one. Thank you for sharing that. I could just sit here and talk business with you all day. I have so many questions. It is really fun. And we will have you back at the end of the accelerator. And so I will come up with a fresh list of ridiculous business questions that will be somewhat self-indulgent. I love business. I'm a total nerd about it and fascinated by you and your experience and your expertise. mean, is just, wow, it is such an honor to work with you.

Therese Miclot (46:35)
Me too! This is so fun!

and

Amanda Northcutt (46:59)
Do you have a parting shot? Anything else you'd like to add? And where can people connect with you and learn more about your work?

Therese Miclot (47:07)
Yeah, well, I would love to connect with more people. So I'm quite active on LinkedIn. And so that would be the first thing. Find me on LinkedIn. I post a lot about pain points of leaders and I try to really add the value of the years that I worked with leaders. So that would be the great thing. I think the other thing is like if this idea of like facilitation, is that for me or not? Go to the facilitation advantage website and there's a free self-assessment. And I really loved it. We worked a lot on it because leaders don't have a lot of time.

And so, and you know, it's fruitless to try to work on a thousand things at once. You pick one thing, pick one thing and try to really focus on that. And that might be my parting message when it comes to leadership. Like no one's expecting perfection. And if anything, I think when you can show up with a little bit of vulnerability, you actually come across as more credible because you're more relatable. Like who of us is perfect? So in a way you can, you know, kind of channel that energy is to kind of

work on one or two facilitation skills.

Amanda Northcutt (48:10)
Nice. Mic drop right there. And we'll make sure all of those links are, of course, in the show notes and in the YouTube description. And thank you, listeners. We know that time is extremely valuable. Thank you for sharing yours with us. If you are a subject matter expert looking to build a scalable, high-impact business with recurring revenue, visit [MRRExcelerator.com](http://mrrexcelerator.com/) to learn more. Follow me, Amanda Northcutt, on LinkedIn for daily consulting insights. We'll see you next time on the Level Up Creators podcast.