Insights

November 1, 2023

The COO Roundtable: Episode 58

In Podcast: The COO Roundtable

Contributions from: Matt Sonnen

For this episode, we step away from our standard format of speaking with operations professionals in the trenches to speaking with an author and entrepreneur about the role of the COO.  Cameron Herold has written a fabulous book directed at CEOs contemplating hiring a COO, titled, Second in Command – Unleash the Power of Your COO.  He is also the founder of the COO Alliance and the host of his own podcast dedicated to the role of COOs, Second in Command.  Cameron has sat in the COO seat, overseeing the growth at 1-800-GOT-JUNK from $2 million to $106 million in revenue in just six years.

Matt and Cameron have an honest conversation about the CEO’s need to hire for their blind spots, as well as:

  • The difficulty business owners have in finding the right person to fill the COO role
  • Why RIAs need to keep the rate of change inside their organizations greater than the rate of change outside their businesses
  • The seven types of COOs and what each brings to their organization
  • Cameron’s advice for those who aspire to be a COO
  • How a CEO and COO should work best together, and the proper expectations from both sides of that working relationship
  • How CEOs can best judge the success of their COO
  • When RIAs should consider replacing their COO for the next phase of growth

We hope you enjoy, share, and subscribe on Google PodcastsApple Podcasts, or Spotify.

You can read the full transcript here.

Purchase Cameron’s book here.

You can view Cameron’s COO Scorecard here.

Related Articles

July 10, 2024

The COO Roundtable: Episode 66

For Episode 66, we break the rules of a “roundtable” and have only one guest, Carolyn Armitage, joining Matt for a deep conversation around our industry’s continuing evolution of turning practices into businesses.  It was a real thrill for him to interview one of his most respected RIA leaders for this conversation.  As he states [...]

Contributions from: Matt Sonnen

June 5, 2024

The COO Roundtable: Episode 65

We are joined by Rebecca Davis of Greenspring Advisors and Joe Klein from The Bahnsen Group for Episode 65.  Rebecca is the Director of Operations at Greenspring, headquartered in Townson, MD with additional offices in New Jersey and Pennsylvania.  The firm has 41 team members and manages approximately $6.8 billion.  Joe has the dual role [...]

Contributions from: Matt Sonnen

May 8, 2024

The COO Roundtable: Episode 64

In this episode, Matt welcomes COO Adrian Chastain of Gratus Capital and Partner and COO Kailee Ostroski from Connecticut Wealth Management.  Gratus Capital manages approximately $3 billion of client assets, has 50 team members, and is located in Atlanta, GA.  Connecticut Wealth Management, in Hartford, CT, has 65 team members and oversees about $3.3 billion [...]

Contributions from: Matt Sonnen