“You’ve to finish the last 5 miles no matter how difficult they are. If you don’t finish and learn from it, you’ll not be prepared for the next 5 miles.”

What you’re today isn’t an overnight miracle, it’s the outcome of years of hard work, dedication & perseverance. Thank You Michael Coles for an inspiring session with our members, the biggest takeaway for us is “Time To Get Tough.”

Book Michael to speak.

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Today you meet Michael Coles, Entrepreneur, Author, former CEO of Caribou Coffee, and cofounder of the Great American Cookie Company. He teaches us where to start on How to Get A Raise:  

1. Get to a place you’re respected and appreciated
2. There will be headwinds in your fight (and in life) but never quit the race
3. Take risks, especially when you’re young
4. Get paid what you’re worth or leave
5. The difference between success and failure is dealing with the unexpected

Michael said …

If you’re not feeling appreciated and it’s not about money necessarily, you probably need to go someplace where you will be appreciated. That’s the bottom line.

I became a risk-taker pretty early on. And in Irving’s words, I wanted to make sure that I was being paid what I was worth. That’s what people have to believe. If you’re in a position where you’re not feeling appreciated, and not getting the kind of compensation that you think you’re deserving, go to your boss. If you go to someone, state your case and they don’t agree, then I think it’s time to move on to something else. And again, it goes back to that whole risk thing. Yeah. It’s a risk to take another position. But on the other hand, you can’t stay where you’re unhappy, you just can’t do it.

Maybe a better question …

I’ve had a number of situations as a leader where someone did come to me and felt like they needed more compensation. And we worked through it.   

But I’ve always thought – a question they might have asked — a better question — might be: 

“Michael, can we sit down and figure out what it is that I’m doing or not doing which has caused you to not want to give you a raise yet?”

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