Tuesday, December 15, 2022 — Tim McCarthy
The very concept of Vistage is to build our businesses and enhance our lives. This is most effectively done using a Life Plan – in addition to a Business Plan. Since hearing Walt Sutton and a few other great Vistage speakers present such concepts in the late 1990s, I have dedicated the fourth quarter of every year to planning my life, then planning my business. There are now seven top executives in our organizations who follow this practice with us (the owner/partners) each year at our annual retreat.
“DREAM SKETCH” includes my own life plans from past years as samples along with templates for each participant to use in designing their own life and business. Since every life and each of our goals are different the entire focus of “Dream Sketch” is easy-to-use disciplines to encourage more effective self-development.
McCarthy allows each member to reflect for three or four hours on their own life and business. After a few minutes of introduction, McCarthy asks members to share their current methods of planning. Then McCarthy shares samples of four planning tools he learned over time, mostly from Vistage speakers including his current actual plans. For the rest of the morning, members will:
- Start by filling out a simple three part life plan – then sharing one by one with other members. This is very generally to discern what each member wants to accomplish during their lifetime
- Vision their life 10 years from now, 5 years from now
- Finally, connecting their dream lives over ten years, each member works to plug in what they might do in the next twelve months to assure their path forward
Value To Members:
In my 18 years in Vistage, I was both fascinated and frustrated that each of us had our own blind spots. My chairs, our speakers and my fellow members gave me the courage to:
- See my weaknesses as they are
- Deal with them in a healthy manner
- Aim higher with my business and my life through effective planning
“Dream Sketch” has been used by hundreds of people in our organizations to consistently plan and modify their lives and businesses, a practice we too often fail to do because of “busyness”.
Each member will leave this session with:
- Their own self-written and reflected “Dream Sketch Profile”
- Actual Samples of mine and others’ life plans
- Several formats and options for KPIs and follow up disciplines
- A free copy of my own life’s journey book: “Empty Abundance”
- Free email access to the speaker for questions and any follow up needed
Tim received a Bachelor of Arts in Political Science from Ohio State University in March of 1975 then received his Masters of Business Administration from Ohio State (Fisher Business School) in June of 2007. In 2008, he received Fisher Alumnae Community Service Award and became an Ernst and Young regional Entrepreneur of the Year.
McCarthy opened his first business in 1988. Over time, this company developed a permissioned database of 700,000 employers delivering incentives for their national advertising clients such as Coca-Cola, Lenscrafters and McDonalds to 70 million consumers. WorkPlace Media now Workplace Impact www.WorkplaceImpact.com, was sold to the Riverside Company in 2007 and then repurchased from Riverside in October, 2013.
In 2003, in partnership with his son, Tim Patrick, McCarthy opened the first chicken finger restaurant north of the Mason-Dixon Line. Raising Cane’s of Ohio now has 25 restaurants, another five under construction and did $70 million revenue in 2017.
Throughout his adult life, McCarthy has been engaged in non-profit work. Since 2000, when WorkPlace Media achieved consistent profitability, he’s diverted more than 20% of that profit each year to a foundation he formed called The Business of Good www.theBusinessofGood.org.
His foundation invests in socially conscious businesses and scalable non-profit concepts from its corpus of $50 million.
The mission of The Business of Good is focused on “serving those who serve the poor” by helping non-profits use business disciplines to grow their mission. McCarthy says, “In all cases, our focus is to build capacity to serve. I mean, what good is a great mission if it’s unsustainable?”