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Episodes
Monday Mar 11, 2024
Monday Mar 11, 2024
How can businesses grow while preserving their core values?
In episode 706, host Taylor Loht sits down with Jason Henneberry, the co-founder and COO of Tango Financial, Canada's largest mortgage brokerage. Jason shares his journey of scaling Tango Financial to fund over 4.7 billion in mortgages annually through strategic acquisitions and organic growth. He shares the challenges of change management, the importance of protecting the core business while expanding outwards, and the innovative strategies he employed to manage his time and energy across multiple ventures. Jason's wisdom and real-world experiences offer valuable lessons for entrepreneurs and leaders seeking to scale their businesses while maintaining a healthy work-life balance.
[00:00 - 04:17] Forecasting and Performance Management
- Utilize hard data and gut instincts to forecast performance.
- Establish reporting mechanisms that encourage honest and transparent communication.
[04:18 - 10:40] Scaling Through Strategic Acquisitions
- The early starts of Tango
- Identifying how change management is essential for the implementation of new processes.
- The importance of setting a vision.
- Domain expertise for successful acquisitions.
[10:41 - 17:04] Finding a long-term business opportunity
- Aligning your preparation to be ready when there is an opportunity.
- The importance of understanding market conditions and industry trends.
- How to keep going after finding a model that works?
- Test new ideas and initiatives outside the core business before integrating them.
[17:05 - 23:06] Time and Attention Management
- 60-day cycle with periods of execution followed by downtime for rest and planning.
- Align work cycles with natural downtime periods to promote work-life balance.
- The benefits of setting work periods.
[23:07 - 28:32] Advice for Entrepreneurs
- "Good to Great" by Jim Collins is Jason's number one book recommendation.
- The power of constantly creating.
- The importance of keep going.
Quotes:
"Protect the core and then expand outward.” - Jason Henneberry
“It's never the wrong time to try again. You don't have to wait until January 1st to give it another shot. You can restart.” - Taylor Loht
Connect with Jason Henneberry:
Instagram: https://www.instagram.com/jasonhenneberry/
Facebook: https://www.facebook.com/henneberryjason
TikTok: https://www.tiktok.com/@jasonhenneberry
Apply to Invest with Taylor at www.investwithtaylor.com
Track your wealth for free with Personal Capital, go to www.escapingwallstreet.com
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