The world increasingly belongs to Gen Xers and millennials, who are becoming exceedingly impatient with baby boomers.

They think the boomers talk too slowly, re-tell old war stories too much, and refuse to let go of it being their turn. Not to mention their resentment towards boomers for killing the planet, creating a mountain of debt, and getting America involved in endless wars.

To read the complete article, please visit The Business Journals 

Who We Are

Michael Houlihan and Bonnie Harvey co-authored the New York Times bestselling business book, The Barefoot Spirit: How Hardship, Hustle, and Heart Built America’s #1 Wine Brand. The book has been selected as recommended reading in the CEO Library for CEO Forum, the C-Suite Book Club, and numerous university classes on business and entrepreneurship. It chronicles their humble beginnings from the laundry room of a rented Sonoma County farmhouse to the board room of E&J Gallo, who ultimately acquired their brand and engaged them as brand consultants. Barefoot is now the world’s largest wine brand.

Beginning with virtually no money and no wine industry experience, they employed innovative ideas to overcome obstacles, create new markets and forge strategic alliances. They pioneered Worthy Cause Marketing and performance-based compensation. They built an internationally bestselling brand and received their industry’s “Hot Brand” award for several consecutive years.

They offer their Guiding Principles for Success (GPS) to help entrepreneurs become successful. Their book, The Entrepreneurial Culture: 23 Ways To Engage and Empower Your People, helps corporations maximize the value of their human resources.

Currently they travel the world leading workshops, trainings, & keynoting at business schools, corporations, conferences. They are regular media guests and contributors to international publications and professional journals. They are C-Suite Network Advisors & Contributing Editors. Visit their popular brand building site at www.consumerbrandbuilders.com.

To make inquiries for keynote speaking, trainings or consulting, please contact sales@thebarefootspirit.com.

The post How baby boomers can stay relevant to millennials appeared first on The Barefoot Spirit.

But there are many critical lessons Boomers have learned, mostly the hard way, that are timeless. These lessons are not “retro” but classic, and will be true for centuries to come. Millennials will have to learn these lessons themselves eventually, or, if they are smart, they can save themselves the time, money, and pain by learning from the Boomers while they are still around.

Why not get a big head start today and learn classic truisms that are understood by those with more experience in business and human behavior?

Part of the Boomers’ legacy is invaluable to Millennials trying to establish themselves in the business world. Millennial success is critical to the future economy. Here are three key areas where Millennials should seek advice from Boomers:

1. How to be Resourceful. Many Millennials think that you just come up with a business plan, get it funded, and voila! Instant millionaire! Any successful Boomer will tell you that the business plan takes an immediate back seat to the cash flow plan as soon as you open your doors! Also the idea that funding somehow allows a “burn rate” that presumably extends the runway long enough to achieve that positive cash flow is fraught with hubris and a quickly approaching cliff! Boomers who have made it will confess that they typically had to develop a positive cash flow quickly to survive.
2. How to Build Strategic Alliances. The concept that assumes that with enough money you can pay all your bills regardless of poor sales is also a classic fantasy, but somehow has become very popular. Successful Boomers will tell you that no matter how much money you have, you still need to develop strategic alliances. These are the businesses you will work with and depend upon for your essential goods and services. As you become successful, they become successful. There are ways to get your creditors to extend your credit, thereby reducing your need for cash, and successful Boomers know how it is done.
3. How to Create Sustainable Growth. So many Millennial businesses today go out of business because they didn’t get their act together before they took their show on the road. By the time they find out what is truly required to grow, they areout of money. Boomers who have faced this problem of growing too quickly will tell you to start small, make your mistakes in a small, manageable place, and make the fixes. They will advise Millennials that truly sustainable growth is knowing the real cost of sales.

Not every Baby Boomer has had the business experience and success to earn the credibility to be thought leaders in entrepreneurship. But the ones who have actually done it, and who are willing to take the time to share the lessons they’ve learned, are well worth listening to. They are giving the Millennials a legacy and a gift. Millennials can tell them about technology and Boomers can tell them how to use it best. Cool tools are great, but actually making money with them is better. Why not get the best of both generations working for you?  Don’t throw the Baby Boomers out with the bath!

Who We Are

Michael Houlihan and Bonnie Harvey co-authored the New York Times bestselling business book, The Barefoot Spirit: How Hardship, Hustle, and Heart Built America’s #1 Wine Brand. The book has been selected as recommended reading in the CEO Library for CEO Forum, the C-Suite Book Club, and numerous university classes on business and entrepreneurship. It chronicles their humble beginnings from the laundry room of a rented Sonoma County farmhouse to the board room of E&J Gallo, who ultimately acquired their brand and engaged them as brand consultants. Barefoot is now the world’s largest wine brand.

Beginning with virtually no money and no wine industry experience, they employed innovative ideas to overcome obstacles, create new markets and forge strategic alliances. They pioneered Worthy Cause Marketing and performance-based compensation. They built an internationally bestselling brand and received their industry’s “Hot Brand” award for several consecutive years.

They offer their Guiding Principles for Success (GPS) to help entrepreneurs become successful. Their book, The Entrepreneurial Culture: 23 Ways To Engage and Empower Your People, helps corporations maximize the value of their human resources.

Currently they travel the world leading workshops, trainings, & keynoting at business schools, corporations, conferences. They are regular media guests and contributors to international publications and professional journals. They are C-Suite Network Advisors & Contributing Editors. Visit their popular brand building site at www.consumerbrandbuilders.com.

To make inquiries for keynote speaking, trainings or consulting, please contact sales@thebarefootspirit.com.

The post Don’t Throw the Baby (Boomers) Out with the Bath! appeared first on The Barefoot Spirit.

This is a great question because it is the most unnerving part of entrepreneurship and distinguishes it from a 9-5 job. Sure, a job may seem stable and dependable, but if the entrepreneur who hired you suddenly goes out of business, then you are suddenly unemployed. The millennials saw what happened in the recession when their parents were laid off, so they don’t put a lot of faith into their own security with the big corporations like their parents did. They’d just as soon take their chances on their own and at least have some say over the risks involved. We salute them for this! We love working with millennials, because they’ve got guts!

Still, we can hear the anxiety in their voices. We have asked ourselves the same questions. But what do you do about the unknown? How do you prepare for it?

Yes, you are entering a dark and creepy tunnel, but with the right tools you can be ready for just about anything. Just like a sea captain doesn’t know what to expect out there on the unpredictable ocean, but he is prepared with training, relies on standards, adheres to principles, and uses tools to get safely to port.

For entrepreneurship, we like to say you need a hard hat, a compass, and a flashlight to get through that unfamiliar tunnel.

The hard had is a set of attitudes that keeps you positive when the unexpected pops up or falls out of the sky. It’s really how you think of the challenge by taking the 10,000-foot view. The fastest way out of the box is straight up! Up there you can see the other folks that are effected by the same dilemma, discover your natural allies, and look for an elegant solution that solves more than one problem. If you take this big-picture approach, the pop up ghosts aren’t so scary.

The flashlight is to see your way down that dark tunnel and to light up the challenges and opportunities in front of you. Illumination can help you better understand what’s going on. It doesn’t solve anything in itself, but it does give you a better idea of what’s ahead. Illumination reveals the various parts of the challenge, making the solution more discoverable. What is that flashlight exactly? It’s research, asking questions, learning from your mistakes, and it’s the confidence that you get when you can see what you are faced with.

The compass is the set of guiding principles that act as the standards you rely on when making decisions. These are the business philosophies that you believe in, and the principles that build the foundation of your company. You carry these standards with you into the unknown, giving you the confidence to handle just about anything. The main guiding principle is put yourself in the other person’s shoes. From that position, you can discover what others want out of the situation, and once you know that, you are more prepared to get their attention, cooperation, and ultimately their support.

Fear of the unknown can paralyze you. The more you prepare yourself for it, the less scary it becomes. So for Halloween, we offer the millennials a real “Ghost Buster,” the Entrepreneur’s GPS. Check it out! And Happy Halloween!

Who We Are

Michael Houlihan and Bonnie Harvey co-authored the New York Times bestselling business book, The Barefoot Spirit: How Hardship, Hustle, and Heart Built America’s #1 Wine Brand. The book has been selected as recommended reading in the CEO Library for CEO Forum, the C-Suite Book Club, and numerous university classes on business and entrepreneurship. It chronicles their humble beginnings from the laundry room of a rented Sonoma County farmhouse to the board room of E&J Gallo, who ultimately acquired their brand and engaged them as brand consultants. Barefoot is now the world’s largest wine brand.

Beginning with virtually no money and no wine industry experience, they employed innovative ideas to overcome obstacles, create new markets and forge strategic alliances. They pioneered Worthy Cause Marketing and performance-based compensation. They built an internationally bestselling brand and received their industry’s “Hot Brand” award for several consecutive years.

They offer their Guiding Principles for Success (GPS) to help entrepreneurs become successful. Their book, The Entrepreneurial Culture: 23 Ways To Engage and Empower Your People, helps corporations maximize the value of their human resources.

Currently they travel the world leading workshops, trainings, & keynoting at business schools, corporations, conferences. They are regular media guests and contributors to international publications and professional journals. They are C-Suite Network Advisors & Contributing Editors. Visit their popular brand building site at www.consumerbrandbuilders.com.

To make inquiries for keynote speaking, trainings or consulting, please contact sales@thebarefootspirit.com.

The post Scarier Than Halloween! Creepier than a Crypt! It’s a Ghost! It’s a Goblin! No, It’s Entrepreneurship! appeared first on The Barefoot Spirit.

It’s easy to get carried away with the advances in technology and possibly even come to the conclusion that those who didn’t grow up with it have nothing to offer. But this is far from the truth! Technology has given us tools that make communication easier, but also raises questions of privacy. Automation has made business processes more efficient, but sometimes less flexible. Applications have enabled us to quickly perform functions, thus allowing us rely less on our resourcefulness and cognitive abilities. Social networking has increased our ability to interact with a greater number of people, but has dulled our social and communication skills.

The millennials were born into this incredible information revolution. However, experiencing a day and time before that revolution makes boomers keenly aware of how the technology has, in some ways, pandered to our human desire to work less, think less and insulate ourselves from criticism. Perhaps it is easy for boomers to see this because they come from an era before the information revolution, giving them a more objective view about not only what has been gained, but what has been lost. Some of what has been lost may be critical to the very success of those millennials.

Today it is still hard work, critical thinking, resourcefulness, and a willingness to accept constructive criticism, and even rejection, that foster the essentials of true entrepreneurial success. Growing up in a world where information is so easy to access and people have hundreds of “friends” may have diminished the importance of valuable traits such as innovation, tenacity, and relationship building.

As childless boomers ourselves, and as successful entrepreneurs, we have dedicated ourselves to helping millennials achieve their own success. We want them to benefit not only from technology, but also from the time-tested guiding principles and standards that never change – principles which we learned too many times the hard way. We want to cut the time and money it takes to succeed in half by giving them the benefit of our experience. In the past two years we have spoken to millennials in 40 universities in three continents about the lessons we learned in the hopes that they will apply it to benefit their own endeavors. It’s not the rosy picture of super hero success that makes the news and gets all the hits and likes. It’s more about the real and imperfect world in which we live – and understanding how to best communicate with the people in it.

We give the millennials examples of our own mistakes in real life stories they can relate to. We outline the assumptions we made (much like the ones they now hold) that led us to those mistakes. We give them practical and tactical, rather than abstract and philosophical, advice so they can avoid these mistakes. We get granular and hands-on. When the millennials tell us we “connected the dots” for them, we are thrilled! We know we have made a difference with this great generation of new entrepreneurs! It’s what we as boomers have to give that will improve everyone’s future.
Technology is even better when we add in the experience of the pre-techno generation. Millennials are invited to check out our new webinar series we created especially for them. Here we share the guiding principles for success that we used building the Barefoot Wine brand. Some things never change!

Who We Are

Michael Houlihan and Bonnie Harvey co-authored the New York Times bestselling business book, The Barefoot Spirit: How Hardship, Hustle, and Heart Built America’s #1 Wine Brand. The book has been selected as recommended reading in the CEO Library for CEO Forum, the C-Suite Book Club, and numerous university classes on business and entrepreneurship. It chronicles their humble beginnings from the laundry room of a rented Sonoma County farmhouse to the board room of E&J Gallo, who ultimately acquired their brand and engaged them as brand consultants. Barefoot is now the world’s largest wine brand.

Beginning with virtually no money and no wine industry experience, they employed innovative ideas to overcome obstacles, create new markets and forge strategic alliances. They pioneered Worthy Cause Marketing and performance-based compensation. They built an internationally bestselling brand and received their industry’s “Hot Brand” award for several consecutive years.

They offer their Guiding Principles for Success (GPS) to help entrepreneurs become successful. Their book, The Entrepreneurial Culture: 23 Ways To Engage and Empower Your People, helps corporations maximize the value of their human resources.

Currently they travel the world leading workshops, trainings, & keynoting at business schools, corporations, conferences. They are regular media guests and contributors to international publications and professional journals. They are C-Suite Network Advisors & Contributing Editors. Visit their popular brand building site at www.consumerbrandbuilders.com.

To make inquiries for keynote speaking, trainings or consulting, please contact sales@thebarefootspirit.com.

The post Millennials Benefit from the Successes and Failures of Boomers appeared first on The Barefoot Spirit.

Sure, 70% of all those responding also said they were being subsidized by their parents, and perhaps that’s why they have the luxury of making such a choice. But we still find it interesting that what we call “positive company culture” is the deciding factor for so many young people today.

An analysis of the Census data by the Pew Research Center showed that Millennials now account for the largest share of the US work force. So, if you are an employer, you’d better take positive company culture seriously if you want to attract and keep the largest and fastest growing segment of potential employees.

So what does a positive company culture look like?

Fun. That’s right, just plain fun. Fun titles, fun events, and fun environment. The ability to laugh at yourself and not take yourself too seriously. Working in teams that are highly collaborative with clear goals and celebrations for accomplishing them. Colorful work spaces, with natural light, and playful graphics.

Respect. Staff is recognized for outstanding performance with public acknowledgement. New team members receive mentoring to help them achieve their goals. Staff is viewed as an asset, not as a cost. The company practices know-the-need instead of need-to-know so challenges are shared and everyone brainstorms solutions.

Philanthropy. A company that stands for more than the mercantile value of its goods and services. A company to be proud of, to tweet about, and to share its good deeds with a social network of friends. A company that is making a difference in the environment, society, health and education. A company that is committed to a better world, not just a better product. A company that matches employees’ charitable donations.

Flex-hours. A company that allows more time to live life outside of work. Deadline-based timetables rather than strict work schedules. Financial rewards for performance rather than attendance. Allowing for working at home as much as possible. Minimizing commute hours and maximizing remote production.

Family. Smaller companies over larger ones. Knowing the owners. Integrity and stability. A feeling of kinship. A tribe, a team, a support group that has your back and your best interests at heart.  Basically, a friendly group you look forward to working with during the majority of your waking hours.

Success in business requires personnel management with a positive company culture, and this is essential if you intend to build a team of Millennials to power your company.

And what happens when their parents can’t subsidize them anymore? Think they’ll settle for less in the workplace – just to make a few more bucks? Soon enough your competition will woo them with higher salaries and a positive company culture. So now is the time to get in front of the curve and attract the folks you need to build your company and more importantly, keep them.

After all, shouldn’t work be fun? Isn’t that when we all do our best anyway? Isn’t that the fertile ground for the best solutions and disruptive ideas? And aren’t challenges and respect the basis of company loyalty? With the right people in the right environment your company will be more likely to hit its numbers and be able provide those increased salaries when mom and dad pull the plug.

Who We Are

Michael Houlihan and Bonnie Harvey co-authored the New York Times bestselling business book, The Barefoot Spirit: How Hardship, Hustle, and Heart Built America’s #1 Wine Brand. The book has been selected as recommended reading in the CEO Library for CEO Forum, the C-Suite Book Club, and numerous university classes on business and entrepreneurship. It chronicles their humble beginnings from the laundry room of a rented Sonoma County farmhouse to the board room of E&J Gallo, who ultimately acquired their brand and engaged them as brand consultants. Barefoot is now the world’s largest wine brand.

Beginning with virtually no money and no wine industry experience, they employed innovative ideas to overcome obstacles, create new markets and forge strategic alliances. They pioneered Worthy Cause Marketing and performance-based compensation. They built an internationally bestselling brand and received their industry’s “Hot Brand” award for several consecutive years.

They offer their Guiding Principles for Success (GPS) to help entrepreneurs become successful. Their book, The Entrepreneurial Culture: 23 Ways To Engage and Empower Your People, helps corporations maximize the value of their human resources.

Currently they travel the world leading workshops, trainings, & keynoting at business schools, corporations, conferences. They are regular media guests and contributors to international publications and professional journals. They are C-Suite Network Advisors & Contributing Editors. Visit their popular brand building site at www.consumerbrandbuilders.com.

To make inquiries for keynote speaking, trainings or consulting, please contact sales@thebarefootspirit.com.

The post Millennials Want a Positive Company Culture appeared first on The Barefoot Spirit.

Michael was interviewed by Fox News Radio on the topic of “Is your office millennial friendly?” To listen to the interviews, please click the play buttons below.

Fox News WILM 

Fox News KCOL 

Fox News WHBC

Who We Are

Michael Houlihan and Bonnie Harvey co-authored the New York Times bestselling business book, The Barefoot Spirit: How Hardship, Hustle, and Heart Built America’s #1 Wine Brand. The book has been selected as recommended reading in the CEO Library for CEO Forum, the C-Suite Book Club, and numerous university classes on business and entrepreneurship. It chronicles their humble beginnings from the laundry room of a rented Sonoma County farmhouse to the board room of E&J Gallo, who ultimately acquired their brand and engaged them as brand consultants. Barefoot is now the world’s largest wine brand.

Beginning with virtually no money and no wine industry experience, they employed innovative ideas to overcome obstacles, create new markets and forge strategic alliances. They pioneered Worthy Cause Marketing and performance-based compensation. They built an internationally bestselling brand and received their industry’s “Hot Brand” award for several consecutive years.

They offer their Guiding Principles for Success (GPS) to help entrepreneurs become successful. Their book, The Entrepreneurial Culture: 23 Ways To Engage and Empower Your People, helps corporations maximize the value of their human resources.

Currently they travel the world leading workshops, trainings, & keynoting at business schools, corporations, conferences. They are regular media guests and contributors to international publications and professional journals. They are C-Suite Network Advisors & Contributing Editors. Visit their popular brand building site at www.consumerbrandbuilders.com.

To make inquiries for keynote speaking, trainings or consulting, please contact sales@thebarefootspirit.com.

The post Fox News Radio on “Is your Office Millennial Friendly?” appeared first on The Barefoot Spirit.

Today companies want to know how to keep this generation in their jobs long term, how to keep them engaged, and how to get a return on training investment.

We have worked with Millennials in our companies, our clients’ companies, and as students where we speak. We offer these 10 ways to keep Millennials:

1.  Hire the Right Ones. We have a colleague who looks for Millennials who are smart, motivated and kind. We would add two more requirements: having common sense and hustle.

2. Company Values. Millennials want to be proud of where they work. They look for a company that stands for something beyond the mercantile product or service they produce. To attract and keep Millennials, your company should be humanitarian, eco-friendly, and sustainable.

3. Family Atmosphere. Millennials want to be part of a team. They want to be mentored and work with people they respect. Find interesting ways they can get to know and socialize with their co-workers and bosses.

4. Clear Communication. Millennials want to know not just what they are expected to do but, more importantly, why. Tasks need to be explained in terms of the big picture. They want to understand how their duties impact the success of the overall organization.

5. Flexible Hours. They place a greater value on the balance between work and recreation than the previous generation. They want a life separate from their jobs and will look for employment that offers the freedom to pursue both.

6. A Piece of the Action. Whether it’s a bonus based on profits or equity in the company, they want to be financially rewarded for their efforts in ways beyond their salary. If they help make the company more profitable, share it with them.

7. Medical. Most insurance companies terminate coverage under their family’s medical policy at age 25. This means that Millennials are particularly anxious about getting health insurance. Make sure your company offers them the security they need to remove that anxiety.

8. Acknowledgement. Recognize your Millennials for a job well done. Do it in writing and circulate it to the entire staff so they understand what gets praise and what their teammate did to deserve it. Everyone wants to feel appreciated.

9. Career Track. By giving them a clear route to raises and promotions along with your expectations, Millennials know that if they perform, they won’t have to leave your company for advancement.

10. Have Fun. Allow a playful and fun atmosphere to prevail. Millennials like to look forward to going to work. They want to see their jobs as fun. Nicknames, games, contests and parties will give them a social reason to stay with your company.

Barefoot Wine, the brand we created, is a Millennial–and shares their desire for fun, out-of-the box thinking, and standing for more than just a product. We are thrilled to work with the Millennials throughout the country and rejoice in their success.

Who We Are

Michael Houlihan and Bonnie Harvey co-authored the New York Times bestselling business book, The Barefoot Spirit: How Hardship, Hustle, and Heart Built America’s #1 Wine Brand. The book has been selected as recommended reading in the CEO Library for CEO Forum, the C-Suite Book Club, and numerous university classes on business and entrepreneurship. It chronicles their humble beginnings from the laundry room of a rented Sonoma County farmhouse to the board room of E&J Gallo, who ultimately acquired their brand and engaged them as brand consultants. Barefoot is now the world’s largest wine brand.

Beginning with virtually no money and no wine industry experience, they employed innovative ideas to overcome obstacles, create new markets and forge strategic alliances. They pioneered Worthy Cause Marketing and performance-based compensation. They built an internationally bestselling brand and received their industry’s “Hot Brand” award for several consecutive years.

They offer their Guiding Principles for Success (GPS) to help entrepreneurs become successful. Their book, The Entrepreneurial Culture: 23 Ways To Engage and Empower Your People, helps corporations maximize the value of their human resources.

Currently they travel the world leading workshops, trainings, & keynoting at business schools, corporations, conferences. They are regular media guests and contributors to international publications and professional journals. They are C-Suite Network Advisors & Contributing Editors. Visit their popular brand building site at www.consumerbrandbuilders.com.

To make inquiries for keynote speaking, trainings or consulting, please contact sales@thebarefootspirit.com.

The post 10 Ways to Keep Millennials appeared first on The Barefoot Spirit.