Good Neighbor Podcast: Frisco

EP 272: When Your Business Owns You: The EOS Solution- Ray Myer's Journey With EOS WorldWide

• Sophia Yvette

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What makes Ray Myers with EOS Worldwide a good neighbor?

Ever feel like your business owns you instead of the other way around? You're not alone. 

Ray Myers of EOS Worldwide joins the Good Neighbor Podcast to reveal the transformation possible when entrepreneurs implement the right systems. As a veteran of nine business ventures—some wildly successful, others "total train wrecks"—Ray brings hard-earned wisdom to his role as an EOS implementer.

The Entrepreneurial Operating System isn't software or a passing fad, but a comprehensive methodology helping over 300,000 companies worldwide achieve greater vision, traction, and health. Ray breaks down how these three pillars work together: aligning everyone on where you're going, creating accountability at every level, and building truly functional leadership teams. Most compelling is Ray's personal testimony of using EOS to rescue his own struggling company from cash flow problems and employee stress, ultimately tripling productivity before a successful exit.

What sets Ray's approach apart is his understanding that numbers alone don't determine success. The ideal client isn't just an owner-led business with 10-250 employees, but someone "more afraid of the status quo than they are of change." His reflection on how his rural farming background unexpectedly prepared him for entrepreneurship offers a powerful reminder that perceived setbacks often contain hidden advantages.

Ready to stop feeling trapped by your business? Ray offers free 90-minute workshops for curious Frisco business owners. Find him at EOSWorldwide.com or by searching "Ray Myers EOS" to discover how his proven process might help you finally get your life back while building the company you always envisioned.

To learn more about EOS Worldwide go to:

https://www.eosworldwide.com/ray-myers

EOS Worldwide

469-939-9746

Speaker 1:

This is the Good Neighbor Podcast, the place where local businesses and neighbors come together. Here's your host, Sophia Yvette.

Speaker 3:

Welcome to the Good Neighbor Podcast. Are you in need of an executive business coach? Well, one may be closer than you think. Today I have the pleasure of introducing your good neighbor, Ray Myers, with EOS Worldwide. Ray, how's it going today?

Speaker 2:

It is going great, Sophia.

Speaker 3:

Awesome, awesome. Well, it's a pleasure to have you on and we're so excited to learn all about you and your business. Can you tell our listeners a bit about your company?

Speaker 2:

Sure, the way I usually introduce it, I'll ask I imagine you doing this podcast know a lot of people who are business owners. There's probably a lot of them that are listening as well. And if you go to any of those people and you ask them why, why did you start a business? Why didn't you just, you know, go work for a boss, they're going to say things like well, I wanted to be my own boss, I wanted to make a lot of money, I wanted to have great work-life balance. Then you say, okay, how's that working out? And if they're being honest, a lot of times you're not getting everything they want. They feel like the business owns them. So I'm the guy who fixes all of that. I'm a business coach. I work with business owners and their leadership teams. I try to get them more of what they want for their business.

Speaker 2:

I work with a simple set of proven practical tools. It's called the Entrepreneurial Operating System, or EOS for short. It does three things. It improves vision, traction and healthy vision from the standpoint of getting everybody in your organization 100% on the same page with who you are. Where are you going? How are you planning to get there? Traction is about instilling a sense of discipline and accountability down through the entire organization. So if you're a business owner, everywhere you look you see people executing on your vision, and healthy is just about building a more functional, happy, cohesive leadership team, because great leaders don't always make great team members. So that's what I do, in a slightly long-winded way, but that pretty much encapsulates it.

Speaker 3:

And how did you originally get into this business, right?

Speaker 2:

I've been an entrepreneur all my life. I've started nine different companies. A lot of them were really great successes, had strong exits on them, built you know, a lot of wealth for a lot of people. But a handful of them were total train wrecks and if you ask any entrepreneur out there, they'll tell you they're being honest you learn more from the train wrecks than you do from the successes. So in my last business, it was not going well. We were burning cash, we were losing customers, we had a retention problem. The entire employee base was stressed out. It was hurting me, it was hurting my family, it was hurting my health. To make a long story short, we implemented EOS in that company with just a few quarters. We'd fixed the cash flow issues, we'd improved retention, we tripled productivity and got ready for a successful exit. So I retired from that one about three months ago now. So now my core focus, all that I do, is help business owners not make the same mistakes that I did and help them get the kind of same results.

Speaker 3:

Now being in your industry, ray, what is the most common myth or misconception you come across?

Speaker 2:

You know, lots of times I will run into people and they haven't heard of EOS. We are running in 300,000 businesses around the world. We have a best-selling book called Traction by Gino Wickman, but a lot of people haven't heard of us. Some people think it's a software company. It's not. Anytime I ever hear a negative comment about EOS, it's always because it wasn't done right. They piecemealed it together. They kind of did the cafeteria plan. They picked some of it and didn't do all of it. It's designed to work together. You need an internal product champion or an external product champion. That's what I do to really get the full benefit from it.

Speaker 3:

Now, Ray, we know a little bit about who your target clients are, but in terms of marketing, how do you attract them?

Speaker 2:

clients are. But in terms of marketing, how do you attract them? Yeah, uh, we. I work with entrepreneurial companies, ideally owner-led. 10 employees to 250 employees, about a million and up in revenue if it's much smaller than that. Eos is about execution. It's not about, you know, the startup phase. I work with local teams. I work with virtual teams. But I need more than just those numbers to make it work. I need a business owner who legitimately wants more out of his or her business and they're willing to do some work, to be open, honest, vulnerable to get it. Somebody who's more afraid of the status quo than they are of change. And, quite honestly, the vast majority of my new business I attract through referrals from existing clients. It works for them. They got me to tell their friends.

Speaker 3:

So, ray, have you ever thought of having your very own podcast?

Speaker 2:

About having a what.

Speaker 3:

Ray, have you ever thought of having your very own podcast?

Speaker 2:

Actually. No, that might be an interesting idea. I've been on a handful of podcasts since I started doing this, but no, I haven't considered the idea of my own.

Speaker 3:

So let's go ahead and switch gears for a second. Can you tell our listeners and describe to them a hardship or life challenge you overcame and made you a better and stronger person today? Sure.

Speaker 2:

Yeah, I was raised in a rural farming and ranching community and there weren't a lot of great opportunities in that world. So I thought whenever I was a kid that you know, my main life goal was just to escape from it, to get out of that environment. But as I've gotten older I figured out all those farmers and ranchers that I knew. They were independent business owners. They didn't have a boss, they didn't punch a clock. They succeeded or they failed based off how committed and how hardworking they were. So I guess some of that rubbed off of me in a good way. So I thought it was a disadvantage, but I'm seeing some of the advantages in it now.

Speaker 3:

Like they say, every setback is really a setup for success.

Speaker 2:

Sure can be.

Speaker 3:

So, ray, please tell our listeners one thing you would like them to remember about EOS Worldwide.

Speaker 2:

Mainly that it works. It's not theory, it's not a workshop, it's not a fad. It's a proven process. There's 300 passionate about it that I offer 90-minute free workshops to anyone who is just a little curious and wants to check it out. I'd love to help some Frisco business owners get their lives back.

Speaker 3:

And where can our listeners go to learn more about EOS Worldwide?

Speaker 2:

EOSWorldwidecom lists all of the information that you need. I have a page there. My name is Ray Myers. My last name is spelled M-Y-E-R-S. If you Google Ray Myers EOS, I think I'll like the top 10 results on that, and so I'm pretty easy to find.

Speaker 3:

Well, Ray, I really appreciate you being on the show. We wish you and your business the best moving forward.

Speaker 2:

Thank you very much. It's a pleasure to be here.

Speaker 1:

Thank you for listening to the Good Neighbor Podcast. To nominate your favorite local businesses to be featured on the show, go to GNPFriscocom. That's GNPFriscocom, or call 469-221-9345.