Episode 6: A conversation with David Madden

Join us with David Madden, Co-Founder of Makosi for episode 6 of Connecting with Purpose. Watch this to learn more about a simple and effective approach to leadership, organizational growth and change.

David has built three businesses and his current venture, Makosi, continues to grow while disrupting the auditing industry. David’s success has been purpose-driven, brought to life with a complete commitment to his values, belief in doing things better and relentless resilience.

A few quotes from David for success:

• Do: “Get people talking”

• Believe: “What are they doing that I can’t do”

• See: “People for the bigger version of themselves”

Segments / Notes to episode:

1:20 Magic Moments – Lost / new chapter – Relationship – Be committed – make it happen

6:00 Pivotal learnings in growing businesses right people and right mindset- confidence, belief, resilience

8:30 what does purpose mean to you as a leader. It’s our why – why we get up and what difference do I want to make

10:40 reinventing audit with a new culture that people buy into to chase the extra 5%

12:20 building a business around purpose makes sense as that’s what people care about

14:40 examples of how Makosi has brought purpose to life through values –

• Collaboration – Review our values – how we got here, what we really believe in –

• Integrate and measure values- start by hiring and firing based upon values –

• Maintaining 90% output despite a 40% reduction in staff

24:25 Using stats / 10 to assess where we are at. Start with the truth and work back. Then explore what’s driving that.

27:30 how do you measure intangibles such as values? Performance reviews vs day to day behavior and accountability.

32:00 you can train skills but you can’t train values

33:35 IMPACT – what have you been most proud of:

• passing on values to family – Gold standard from former employee returning

• Leadership – helping people get out of their own way day to day

36:30 leadership and mindset best practices- stubborn resilience and knowing it will all be ok in the end, continuous growth and improvement

38:50 building resilience through practical experience and challenges

42:30 what makes it meaningful for you?

• Business as a major conduit for change and redefining what a businesses role in society is. Love being a leader and getting the best out of people.

46:00 BY THE WAY- they are putting 10,000 kids through school!!

50:20 Dave’s Passion + Application + Impact

• Passion – leadership- love being a leader and running a business

• Impact – new way of working

• Application – entrepreneurship – business is the vehicle