BITESIZE #32 | James Timpson: Never do a deal with someone you don’t like

The High Performance

Episode Details

Published Date

Fri, 03 Sep 2021 00:00:00 GMT

Duration

7:40

Explicit

False

Guests

No guests specified

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Please note that the summary is generated based on the transcript and may not capture all the nuances or details discussed in the podcast episode.
Notes

Our bitesize dose of motivation today comes from James Timpson, the CEO of Timpson, a business that has been in his family for over 150 years.


The reaction to this episode was huge! It was a real pleasure to spend time with James and hear his lessons and values to building the business - something that resonated with so many.


James’ episode had a clear message - culture, when harnessed correctly, can be a competitive advantage.


Listen to his full episode: https://pod.fo/e/c4dbd


. . . . . . .


Pre-order copies of our new book, High Performance: Lessons from the best on becoming your best, right here: http://smarturl.it/hv0sdz


Want to hear the guys read it? Pre-order the audiobook right here: https://adbl.co/3xQQSCF



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Summary
In this episode, we are introduced to James Timpson, the CEO of Timpson, a family-run business for over 150 years, who emphasizes the importance of fostering a positive culture in the workplace.

Timpson stresses the significance of working with people you genuinely like, as it leads to better collaboration and overall success. He shares an anecdote about a time when he and his team decided not to work with certain landlords due to their unpleasant behavior, demonstrating his commitment to integrity and ethical business practices.

The discussion then delves into the idea of living by one's values from the very beginning, rather than waiting until achieving financial success. Timpson highlights the example of his family, who have consistently donated to charity and supported their community, not for recognition or personal gain, but simply because it was the right thing to do.

The conversation shifts to the concept of making difficult decisions, even when they may have financial consequences. Timpson shares an instance where his production company, The Whisper Group, decided to terminate a partnership with a group due to their unethical behavior, despite the financial implications. He emphasizes the importance of making such decisions to maintain integrity and uphold the company's values.

Timpson also mentions an incident during the COVID-19 pandemic when his company's legal director chose not to take a salary during the difficult period, demonstrating a commitment to shared sacrifice and the well-being of the team.

The episode concludes with a reminder that the only opinion that truly matters is the one you have of yourself when you look in the mirror. Timpson emphasizes the importance of making decisions that align with one's values, regardless of external pressures or expectations.

Overall, this episode highlights the importance of building a positive culture, making ethical decisions, and living by one's values in the business world. It also emphasizes the significance of integrity, collaboration, and shared sacrifice in achieving success.

Raw Transcript with Timestamps