Entrepreneur Intel

In this insightful episode, Cameron Herold, a seasoned COO and author of six books, joins Wes to dive deep into the unique dynamics between CEOs and COOs. Cameron shares his journey from an EO member to scaling companies like 1-800-GOT-JUNK, and how his entrepreneurial upbringing shaped his approach to the COO role. The conversation explores the delicate balance of the CEO-COO relationship, the importance of trust and communication, and the role of the COO in driving business success. Cameron also discusses the founding of the COO Alliance, a mastermind community specifically for second-in-command leaders, and offers his perspective on the value of fractional COOs.
 
Takeaways:
  • The Power of EO: Cameron credits the Entrepreneur's Organization (EO) for his personal and professional growth, highlighting its impact on his journey.
  • The COO’s Unique Role: The COO must complement the CEO, filling in gaps and executing the vision while bringing their own entrepreneurial spirit.
  • Communication is Key: Successful CEO-COO relationships require open communication, mutual trust, and understanding each other’s strengths and weaknesses.
  • The Value of Mastermind Groups: Cameron emphasizes the importance of communities like the COO Alliance, where COOs can learn, share, and grow together.
  • Fractional vs. Full-Time COOs: While fractional COOs can be valuable for smaller companies, Cameron argues that full-time COOs are crucial as businesses scale.
Quote of the Show:
  • “The COO's job is to make the CEO look good, and the CEO's job internally is to make the COO look good.” - Cameron Herold
Links:
  • Twitter: https://x.com/CameronHerold?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor
  • LinkedIn: https://www.linkedin.com/in/cameronherold/
  • Website: https://cameronherold.com/
  • Links to books: https://cooalliance.com/camerons-books/
Ways to Tune In:

Creators & Guests

Host
Wes Mathews
KC
Producer
Kyle Conover

What is Entrepreneur Intel?

Welcome to Entrepreneur Intel, a podcast where we discuss the most important strategies for success from amazing entrepreneurs. Host Wes Mathews sits down with business owners to learn about how they got started running their own business, what helped them succeed and the biggest lessons they learned along the way.

Be sure to catch new episodes every Thursday morning, and to make sure you never miss out on any insights, don’t forget to subscribe to Apple Podcasts, Spotify, You Tube or wherever you get your podcasts.

This show is sponsored by Stealth Consulting, your Fractional CMO. Stealth provides the roadmap and accountability to reach your business and marketing goals. Learn more at https://stealthconsulting.com/