Building a Product to Solve Your Own Pain Point Featuring David Henzel
David Henzel is the CEO of upcoach and a veteran entrepreneur who has been building in the saas and e-com space for over 20 years. He had multiple exits, including MaxCDN.
We discuss:
- Applying business principles to your personal life [03:14]
- A one-stop-shop for your coaching business [06:57]
- 80% of the problems in the coaching industry [08:03]
- How to avoid scaling too fast in the initial phase [11:24]
- What makes upcoach different from other similar platforms [14:11]
- The liberation of hiring people who are better than you [16:27]
His passion is to help individuals and their organizations reach their full potential.
Aside from upcoach (Coaching Delivery System), he has a small portfolio of companies including LTVplus, (Outsourcing for e-commerce & saas), TaskDrive (Sales Development), Shortlist.io (Digital Marketing Agency), and his passion project Managing Happiness (Peak Performance Group Coaching for entrepreneurs).
Learn more about David at www.davidhenzel.com/, www.upcoach.com, www.managinghappiness.com, LinkedIn, Twitter and Facebook.
Transcript
I was the CMO often new business that bought us and
David Henzel:And I was putting together the brand for all these businesses.
David Henzel:And every time I pulled the CEO into the meetings, show them like, Hey, this
David Henzel:And he sat through the presentation three presentations, and he didn't
David Henzel:So that's good and left.
David Henzel:What the heck, am I messing up or don't you pull them aside?
David Henzel:So after the third time, I'm like, am I messing up or don't you care?
David Henzel:what's going on?
David Henzel:They're like, why don't you say anything?
David Henzel:He said, I only have three roles.
David Henzel:As, as the CEO of the company, I have to make sure we have enough money.
David Henzel:So I have to raise enough money.
David Henzel:I have to make sure enough money coming in.
David Henzel:I have to preach the mission and the vision of the company to the
David Henzel:So customers and market and employees like a parrot, and I have to hire a smart.
David Henzel:There's a much better than me in certain areas and leave them alone and just match
David Henzel:And this was like the big aha moment for me that if you hire people and you empower
David Henzel:That is incredibly liberating and like this much better results.
David Henzel:If you find people who are like much better than you in certain areas,
David Shriner-Cahn:welcome to smashing the planet.
David Shriner-Cahn:We help you get unstuck so you can do it.
David Shriner-Cahn:You love and get paid.
David Shriner-Cahn:What you're worth consistently.
David Shriner-Cahn:I'm your host David Schreiner con today on smashing the plateau.
David Shriner-Cahn:I'm speaking with the founder of up coach David Hansell, David experienced
David Shriner-Cahn:Using his experience and relationships in the SAS and e-comm space.
David Shriner-Cahn:David built a new product to help coaches serve their clients.
David Shriner-Cahn:Stay with us to hear all the details.
David Shriner-Cahn:David shares the importance of having the right people to support you.
David Shriner-Cahn:That's why the comradery of supportive collaborative colleagues is the foundation
David Shriner-Cahn:You'll also find a range of tools and resources to support your
David Shriner-Cahn:Check out the smashing the plateau community so that
David Shriner-Cahn:Doing what you love and getting paid.
David Shriner-Cahn:What you're worth.
David Shriner-Cahn:Learn more@smashingtheplateau.com.
David Shriner-Cahn:Now let's welcome, David.
David Shriner-Cahn:David is the CEO of up coach and a veteran entrepreneur who has been
David Shriner-Cahn:His passion is to help individuals and their organizations reach their
David Shriner-Cahn:David, welcome to the show.
David Henzel:Thank you for having me there.
David Henzel:Lots of David's here.
David Shriner-Cahn:Yeah.
David Shriner-Cahn:A lot of David's, it's a pretty common name.
David Shriner-Cahn:Although from what I gather in, the current generation of
David Shriner-Cahn:We'll see.
David Shriner-Cahn:Anyway, you have a fascinating entrepreneurial journey.
David Shriner-Cahn:How did you come up with the idea of.
David Henzel:So up coach, I have, I sold my last business
David Henzel:Actually I sold my last business cause my wife went through
David Henzel:She's doing great today.
David Henzel:But this was a big wake up moment for me, where I had my early midlife
David Henzel:On my death bed, looking back at my life, thinking to do with it was supposed to
David Henzel:And I realized I want to have more impact then picked another understanding,
David Henzel:I learned to stay there, but back then I thought, okay,
David Henzel:how I can.
David Henzel:Have more impact.
David Henzel:And then I created a system called managing happiness, how to harness it,
David Henzel:And I created an online course and I did not like that.
David Henzel:Only 7% of people who bought my course completed the course.
David Henzel:Okay.
David Henzel:My 7%.
David Shriner-Cahn:7%.
David Shriner-Cahn:Yeah.
David Shriner-Cahn:I think that's above average actually.
David Shriner-Cahn:Yes,
David Henzel:I know.
David Henzel:I know.
David Henzel:I know.
David Henzel:But after looking into this, I found out, but I felt like home,
David Henzel:Like why don't people complete the CNO and this is what's bugging me the
David Henzel:So for me it was more of like a passion thing.
David Henzel:Yeah.
David Henzel:So this was something I didn't like.
David Henzel:And the other thing I did not was that it was ending up in the family
David Henzel:So it was like kind like not really my audience and the
David Henzel:So chefs for a while.
David Henzel:And then I started building this portfolio of companies that I'm currently running.
David Henzel:And then I brought the principals back, applying.
David Henzel:Business principles to your personal life to help you to be on your A-game.
David Henzel:And I did this with my leadership teams initially, because if they're good
David Henzel:So I helped them to figure out their personal mission, vision, and values,
David Henzel:and that also transfers from having it in a course to a
David Henzel:I get like between six and 10 as if it gets above 10 it's
David Henzel:It was like an eight week course.
David Henzel:And I cobbled it together with.
David Henzel:Random course, offer chats, offer Google docs, kinda like with a bunch of tools.
David Henzel:And it was too much too time-consuming for me to run this, even though the
David Henzel:The reason why I started building this.
David Henzel:Cause I could not find a group habit tracker because I like positive peer
David Henzel:so I want to create this positive peer pressure.
David Henzel:So I asked the CTO from our businesses to build me a group habit to trigger.
David Henzel:And then we add it to this and the software grew and grew.
David Henzel:And at some point I reached out to Todd Herman.
David Henzel:He wrote the alter ego effect is fairly well-known coach.
David Henzel:And I asked him, I came in, I built this coaching software,
David Henzel:What do you think about this?
David Henzel:And he said, this solves 80% of my headaches, my business.
David Henzel:Can I please invest in, become a business part?
David Henzel:All right.
David Henzel:So I took up coach out of managing happiness and managing happiness
David Henzel:And this is what we do today.
David Henzel:And I have a 93% completion rate on the cohort based coaching versus
David Shriner-Cahn:Ding, ding, ding, a little bit of success.
David Shriner-Cahn:Didn't worked.
David Shriner-Cahn:What kinds of problems does this?
David Henzel:The platform itself, it solves a bunch of problems like
David Henzel:If you have a tracker, you have kind of everything you need for the delivery.
David Henzel:You have a chat, you don't need, you have your community, your farm,
David Henzel:If it's one-on-one court based or whatever, it's all in this.
David Henzel:The place and, P accountability is like another big thing that, that we solve.
David Henzel:And that's also has a CRM attached to it.
David Henzel:So all these interactions that people take on the platform
David Henzel:So you have a very easy way of seeing where people are
David Henzel:I'm big on the current.
David Henzel:Yeah.
David Henzel:Can
David Shriner-Cahn:you share a little bit of, some stories of people that use it?
David Henzel:what kind of businesses stair they're doing or what?
David Shriner-Cahn:Yeah.
David Shriner-Cahn:And you talk about it solving 80% of the problems in a coaching business.
David Shriner-Cahn:So I'd love to hear some stories of how people have used this
David Henzel:We have a bunch of testimonials on the website.
David Henzel:For those of you who are into marketing, you may know Ryan Deiss.
David Henzel:He is the founder of traffic and conversion summit, and he has a new
David Henzel:And it's a core based coaching.
David Henzel:And his quote was LMSs are great to warehouse content up, coaches,
David Henzel:it's like with this countability focus, it really helps to.
David Henzel:Yeah to get stuff done.
David Henzel:Another thing is that you need a lot less time to, when usually you jump
David Henzel:You don't know if they did it or not, but with up coach, we have something called
David Henzel:These kind of can go like.
David Henzel:That's what's going on, this what you need to have.
David Shriner-Cahn:So does that mean if you're a coach that you are
David Shriner-Cahn:Honestly, the other stuff is administrative part of your
David Henzel:business?
David Henzel:Yes.
David Henzel:Like a lot of the administrative stuff.
David Henzel:Cause auto, and then we also went one step further.
David Henzel:We just launched something called up admins, which are up coach trained
David Henzel:Talking to people and not the admin stuff, copy pasting stuff around.
David Shriner-Cahn:So their admins who have been trained
David Henzel:And we have some SLPs, like standard operating procedures
David Henzel:Or you can also give them other standard operating procedures
David Henzel:Yeah.
David Shriner-Cahn:What kinds of businesses is up coach?
David Shriner-Cahn:Not for,
David Henzel:the question actually.
David Henzel:It's been a bunch of agencies have been using it as well for the client
David Henzel:can we give a good answer for them?
David Henzel:So
David Shriner-Cahn:it works for coaches and businesses that have an
David Henzel:code, also HR for HR companies.
David Henzel:So it works really well because you can have, you have for onboarding or
David Henzel:but mainly group coaches and one-on-one coaches just the, I guess it's not
David Shriner-Cahn:How long has that platform been up a
David Shriner-Cahn:And what kinds of traction are you getting from people?
David Shriner-Cahn:What are you hearing?
David Shriner-Cahn:So
David Henzel:initially we got 70 coaches in and then we shut the door and we just
David Henzel:I've done a mistake before, too scale, too fast, So we just, cut got the
David Henzel:And we completely changed the platform because everybody wants to do something.
David Henzel:Somebody wants to call it to do some of the oncology tasks.
David Henzel:Somebody wants to call it.
David Henzel:everybody wants to organize this customized their stuff.
David Henzel:So we built something like elemental and WordPress, which
David Henzel:How you can put together your program, whatever you want to use, you only use
David Henzel:So we can completely free to custom build what you're looking for.
David Henzel:And maybe three or four months ago, we actually started really marketing it.
David Henzel:And we have 250 or 270 organizations, coaching organizations on the platform.
David Shriner-Cahn:Wow.
David Shriner-Cahn:As you're working through this initial cohort of the 70 people, how do you decide
David Shriner-Cahn:if they're telling you conflicting bits of information of what they want to see.
David Henzel:that the problem with the platform is you can like people
David Henzel:So we made this conscious decision initially to only focus on what's needed
David Henzel:Now we didn't focus on any of the marketing aspects, cost us
David Henzel:We want to just really look into what can be transformational in
David Henzel:After this, we focused on the communication.
David Henzel:We're about to publicly launch our chat integration so we can chat inside
David Henzel:So initially the delivery, then the communication and the CRM piece.
David Henzel:And now slowly, we're getting into some of the marketing integrations, like
David Henzel:Which is aiming for people who have like multiple coaches or coaches and
David Henzel:That's like the idea.
David Shriner-Cahn:Okay.
David Shriner-Cahn:How is up coach differ from platforms that are focused on.
David Shriner-Cahn:Building community where the community is not necessarily following
David Shriner-Cahn:It's more about who's in the community as opposed to a particular framework.
David Shriner-Cahn:It sounds like op coach has some community building aspects to it.
David Henzel:Yeah.
David Henzel:So we have a form it's all blocks, with approaching.
David Henzel:Particularly your coaching offering using all this different blocks.
David Henzel:We have a forum block in our, which kinda has like some community aspects,
David Henzel:If you, if community is your one and only thing or the main thing for
David Henzel:it works, but in all this.
David Henzel:Or, moving your community from Facebook to coach or it's like always a big thing that
David Henzel:But it's often hard.
David Henzel:If you have a very active community, you probably it's not
David Henzel:But, I'm not comfortable with telling you like, Hey, you're here.
David Henzel:Your, the Facebook group is your lifeblood.
David Henzel:move it over in the arm.
David Henzel:If this can co-exist, but you can keep your community there.
David Shriner-Cahn:David, how has building up coach different from some
David Henzel:One cool thing was that it's scratching my own niche, like
David Henzel:It's I've also built businesses before where I dreamed up.
David Henzel:The potential problems that people are having, which is always
David Henzel:it's like much better when you felt the pain yourself and any kind
David Henzel:And also having Todd on board mate, since it's been the coaching space for 25
David Henzel:So it's like lots of experience, like how to scale this.
David Henzel:And like his knowledge, was definitely tremendously helpful.
David Henzel:So like in all my business going forward, I'll always have an
David Henzel:So I actually build something that's, really works and not me dreaming
David Shriner-Cahn:actually, let's talk a little bit about that.
David Shriner-Cahn:Given the fact that you've worked on a number of different startups.
David Shriner-Cahn:Tell me a little bit about your process for getting the team
David Shriner-Cahn:The book part as you're getting started right.
David Shriner-Cahn:As you're getting started.
David Shriner-Cahn:Okay.
David Shriner-Cahn:Okay.
David Henzel:I can give, given another example, for example, with our coach,
David Henzel:So I thought, okay, I have our two plus and all these outsourcing businesses.
David Henzel:So we have lots of recruiters and lots of trainers.
David Henzel:So we can basically hire and train people to do QA.
David Henzel:So I hired somebody.
David Henzel:Over 15 years of experience in the QA space.
David Henzel:So she's like an absolute rock star in this space.
David Henzel:So we brought her in to be the lead of new company, which is called Uber QA.
David Henzel:So we're first eat our own dog food.
David Henzel:We use it fast and we use it for some, I have, we have a
David Henzel:We use it there and then getting a few friends and.
David Henzel:And then we like slowly built this out.
David Henzel:And then I always do my best because I have a bunch of businesses.
David Henzel:I always do my best to be in the background and like just more puppet
David Henzel:I don't want to deal with customers at all.
David Henzel:So I was like piece by piece.
David Henzel:I was like managed myself out of it so I can, yeah.
David Henzel:I have a thing in mind, Alma, not to do this, which is don't be in the org chart.
David Shriner-Cahn:Do you rather spend your time talking about the business?
David Shriner-Cahn:For example,
David Henzel:I like to work on the business, not in the business, which
David Henzel:Sorry.
David Henzel:So I was the CMO of the new business that bought us and today bought a few other
David Henzel:And every time I pulled the CEO into the meeting, show
David Henzel:And, he sat through the presentation three presentations and he didn't
David Henzel:So that's good and left.
David Henzel:I'm like, what the heck am I messing up?
David Henzel:Or don't you pull them aside?
David Henzel:So after the third time, I'm like, am I messing up or don't you care?
David Henzel:Or what's going on?
David Henzel:They're like, why don't you say anything?
David Henzel:He said, I only have three.
David Henzel:Roles as a, as the CEO of the company, you have to make sure we have enough money.
David Henzel:So I have to raise enough money.
David Henzel:You have to make sure enough money is coming in.
David Henzel:I have to preach the mission and the vision of the company to the
David Henzel:So customers and market and employees like a parrot and have to hire smart
David Henzel:And this was like the big aha moment for me that if you hire people and you
David Henzel:And I don't have to run around and stir the pot everywhere.
David Henzel:That's is incredibly liberating and like this much better results.
David Henzel:If you find people who are.
David Henzel:Much better than you in certain areas.
David Henzel:So
David Shriner-Cahn:that is well said.
David Shriner-Cahn:Good piece of advice, David, what do you hope for the future of up coach?
David Shriner-Cahn:What would you love
David Henzel:to see?
David Henzel:my personal mission is to be a change agents.
David Henzel:That's transforming the lives of individuals and organizations so that
David Henzel:And with that coach.
David Henzel:Cause I thought this is even more leverage because I can empower coaches
David Henzel:So it's like a leverage of my personal mission.
David Henzel:So does one and these are the most exciting businesses for me right now.
David Henzel:Sounds great.
David Shriner-Cahn:David, is there anything else you'd like
David Henzel:Nope.
David Henzel:Can't think of anything.
David Shriner-Cahn:If someone wants to check out up coach or any of the other.
David Shriner-Cahn:The other businesses or you're in or other resources that you have, where
David Henzel:So you can go to Hensler com H N Z l.com.
David Henzel:My last name, you gonna see a bunch of my portfolio businesses there.
David Henzel:You can go to up coach.com or managing happiness.com and you can
David Henzel:If you connect with me, please add that you heard me or saw me on David's podcast
David Henzel:And, but if you say that you came from David and now I'll definitely.
David Henzel:you requesting the will happy to chat and happy to help in any way, shape or form.
David Henzel:I can.
David Shriner-Cahn:Thank you, David.
David Shriner-Cahn:I want to thank you so much for taking the time to join us today
David Shriner-Cahn:sounds fascinating and, could be quite a game changer in the industry.
David Shriner-Cahn:My guest today has been the founder of coach David Hensel.
David Shriner-Cahn:Thank you again, David, for joining us,
David Henzel:telling me.
David Shriner-Cahn:When you visit the smashing the plateau
David Shriner-Cahn:On today's episode, David shares the importance of having the
David Shriner-Cahn:That's why the comradery of supportive collaborative colleagues is the foundation
David Shriner-Cahn:You'll also find a range of tools and resources to support your.
David Shriner-Cahn:Access to experts and answers to your burning questions.
David Shriner-Cahn:Check out the smashing the plateau community so that you
David Shriner-Cahn:Doing what you love and getting paid.
David Shriner-Cahn:What you're worth.
David Shriner-Cahn:Learn more@smashingtheplateau.com.
David Shriner-Cahn:Thank you for taking the time to listen to our show.