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#121 - In this episode, Travis talks to successful entrepreneur Bruce Poon Tip. Bruce is a travel enthusiast and an industry leader that transformed his small company into an international travel company that not only caters to its clients but also tries to make a positive impact on the countries they’re visiting. He also an author and wrote the New York Times Bestseller book Looptail which aims at helping entrepreneurs learn from his experiences and how they can achieve their own success through his vision and ideas. Travis and Bruce share their insights on how they grew their business and how other business owners can do it as well. Bruce believes that his business not only provides a unique travel experience for his customers but also benefits and affects the countries that these people visit. He feels his company has the social responsibility to create a positive impact on the countries that tourism should provide. Aside from that, he also gave his tips on how to achieve success,
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THE ENTREPRENEUR’S RADIO SHOW
Conversations with Self-made Millionaires and High-level Entrepreneurs that Grow Your Business
Copyright © 2014 The Entrepreneur‟s Radio Show Page 1 of 21
THE ENTREPRENEUR’S RADIO SHOW
Conversations with Self-made Millionaires and High-level Entrepreneurs that Grow Your Business
Copyright © 2014 The Entrepreneur‟s Radio Show Page 2 of 21
Episode 121: Bruce Poon Tip
Creating An Emotional Experience With Your Customers
In this episode, Travis talks to successful entrepreneur Bruce Poon Tip. Bruce is a travel
enthusiast and an industry leader that transformed his small company into an international travel
company that not only caters to its clients but also tries to make a positive impact on the
countries they're visiting. He also an author and wrote the New York Times Bestseller book
Looptail which aims at helping entrepreneurs learn from his experiences and how they can
achieve their own success through his vision and ideas.
Travis and Bruce share their insights on how they grew their business and how other business
owners can do it as well. Bruce believes that his business not only provides a unique travel
experience for his customers but also benefits and affects the countries that these people visit.
He feels his company has the social responsibility to create a positive impact on the countries
that tourism should provide. Aside from that, he also gave his tips on how to achieve success,
which include creating a purpose around why your business needs to exist in the world, and
assuming a leadership that is adaptable and caters to the needs of your company. These and
much more are what's in store in this episode of the Entrepreneur's Radio Show.
TRAVIS: Hey, it's Travis Lane Jenkins, welcome to episode 121 of the Entrepreneur's Radio
Show, a production of rockstarentrepreneurnetwork.com, where my main focus is to teach you
the tactics that will help you grow your business and serve others in a way that's meaningful to
you. And then secondary I want you to see that successful people are really just average people
that achieve extraordinary results. Now today I'm going to introduce you to Bruce Poon Tip.
Bruce has built an incredibly successful business from nothing. And today he's going to share
that story along with many things that turned a small start-up into a thriving empire, I mean
thriving.
Before we get started, I want to say thank you to Vinny for the 5 out of 5 stars on Stitcher.
Vinny's headline says, "Straight fuel for the fire." Then he says that he loves the show and it
helps keep the fire burning to get everything done that he's working on. Vinny, congratulations
on the three separate businesses that you're working on right now. You must be an extremely
busy man. I'm impressed especially since you're only 26. We need more people just like you
brother. So, hang in there and keep up the great work. Congrats my friend. And of course, I
want to personally say thank you for taking the time to write the review. I know it's a pain and
very few people do that. So, I really appreciate that. So, thank you very much. Now, just in case
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you don't know writing a review does help us reach other entrepreneurs just like yourself. The
reason for that is iTunes and Stitcher believes that if you're leaving comments then the show
must be valuable. Therefore, they'll serve it to more of their audience. So, if you have time and
you find value in the show, I'd appreciate it if you'd go ahead and leave us a review and tell me
how we're doing. And of course, I'll recognize you on air and say thank you. One last thing, you
can take these interviews with you on the go, three different ways. There's actually many more
than that but to keep it simple the three main ways is through iTunes, Android or Stitcher. Just
go to rockstarentrepreneurnetwork.com. You can look at the toolbar right there and it has
iTunes, Android, or Stitcher. Just click on it, it'll take you directly to the show and you can
subscribe there if that's what you want to do. So without further ado let's get down to business.
Bruce, welcome to the show.
BRUCE: Thank you, thanks for having me.
TRAVIS: I know you're a busy man. I'm super excited that you took some time from your
adventures to come hangout with us.
BRUCE: Yeah, it's good to be here.
TRAVIS: Yeah, I'm excited to hear the back-story. You've done some pretty impressive things in
business. Can you share that with us?
BRUCE: Well, I guess the main thing is I'm the head of the largest adventure travel company in
the world now. And next year we'll be celebrating 25 years. So, I started the company when I
was very young.
TRAVIS: Right.
BRUCE: And from that, we started the Planeterra foundation which somewhere along the way
as we evolved we became more of a social enterprise where we stared doing international
development and community projects that coincides with our trips. And kind of spearheading the
whole movement towards sustainable travel.
TRAVIS: That's cool. Define sustainable travel for me?
BRUCE: Well, it's quite a wide definition. People define sustainable very differently depending
on what's important to you. Some people think sustainability has to do with the environment.
Some people think sustainability has to do with alleviating poverty in local people communities.
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And some people believe in sustainability as a combination of the two. So, people define it
differently. Even people who go travelling sometimes thinks human rights are issues in terms of
sustainability and some people think it's animal rights, that the animals are important to them.
So, sustainability really to me is about local people benefiting when it comes to travel and
tourism because travel is growing so quickly and more and more people are travelling. It's
cheaper and easier to travel today.
TRAVIS: Right.
BRUCE: And local people aren't benefiting and tourism is kind of doing the opposite thing in
that it's become a more inclusive, there's more all-inclusives than ever before, cruise ship
industry is growing. And people aren't actually spending locally, and people aren't benefitting
from the growth in tourism. So that's not sustainable to me.
TRAVIS: Okay, that completely makes sense. Hey, give me the back-story, because you've
built this business to some pretty serious levels. And our listeners are entrepreneurs. And I just
feel like it's instructive for people. I think so many people believe that either you're this incredibly
gifted businessperson or you're not. And you know the truth is really a great businessperson is
developed over time. And so, that's why I think the story of how you got there and kind of the
bumps and bruises along the way really define who you are. And so, do you mind sharing that
story?
BRUCE: Yeah. First of all I think entrepreneurs are-- there's different types of entrepreneurs. I
think that people kind of define entrepreneurs into internet billionaires. It's become quite sexy to
be an entrepreneur because when I was young there wasn‟t 27-year old billionaire. So
entrepreneurs are defined very differently and I think the first thing that people have to
understand is where they fit into that category. People who own franchises are owned, coffee
shops or small businesses, those are entrepreneurs of one kind. And there's people who work
under the confines of a big corporation like Federal Express or IBM. And they're entrepreneurial
in their thinking, and thinking out of the box, and really driving innovation. And that's just as
entrepreneurial. But there's just a smaller group of people that really drive industries, change
industries, and put new products in front of people. And those entrepreneurs are very different,
and those are the ones people always think that they want to be but it's a very small group of
people and it's not for everybody. For me I started out to change the way people looked at their
holiday time. What I wanted to put travelling back in 1990. There was no options for me, you
either took a coach tour, went in all-inclusive resort, or you went on a cruise ship, those were
the options. Or, you got a guidebook and did it yourself. And so, when I went travelling I didn't
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really want to backpack but I have no choice. When I went out backpacking I saw that there was
this group of people in the middle, caught in a wasteland in the tourism industry that didn't
necessarily went backpack but they were young professionals with disposable income. But they
wanted more of a cultural immersion type experience. They want to see countries for what they
really are. Experience the people, kind of have that kind of cultural exchange experience and
meet people along the way. And that didn't exist in the tourism landscape at the time, and that
was kind of my vision. But going from that to being the international brand that we've become.
We have people from 160 countries book trips with us every year. We don't have any kind of
dominant country where our passengers come from so. We've become truly an international
brand. And the idea that someone in Germany will book African safari with a North American
based company is the magic that we create every day. So it's a brand that means something to
people. And over time my leadership has evolved, and the idea of exporting tourism has had to
change because the landscape in the business world has changed as well. When I started there
was no internet. I didn't even have a fax machine when I started.
TRAVIS: Right.
BRUCE: I used to write letters to make hotel reservations to hotels. So, we've evolved as the
world has evolved. Business and society have been living parallel of each other and they've
always done so. So, as society changes or as the tools in business change, they follow each
other. And the world has changed so dramatically, whether it's first the internet which took away
that element of surprise for people because suddenly you just can search anything in any
destination. And you no longer just have that mystery of having a guidebook and landing in a
new destination. So, the industry changed so we have to change.
TRAVIS: Right. So, has business drastically changed for you over the last 10 years maybe due
to the proliferation of the internet? Because it's so easy to do business all around the world
these days.
BRUCE: Yeah. My experience obviously is specifically the travel industry and how people have
changed, how they research travel, right? So, in the last 50 years it's changed dramatically with
the internet. Because there's two things that have changed my business. And I think most
businesses is the information age and the social revolution which I call. So the information age,
the idea that people have more information and everything available at their fingertips changed
the way people research and the way people decide on where they want to go. Now, in the last
10 years, which is what your question is about the last 10 years, it's the internet but it's more of
a social side of the internet. The way people communicate, the way people make their decision,
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and the way people engage with brands is very different. And it's changed the landscape
because all the tools to engage customers today are free.
TRAVIS: Right.
BRUCE: So the idea of iconic brands spending $100 million on ad campaigns isn't happening
as much anymore because people are engaging with brands very differently. And we've got a
highly engaged customer, and we sell life-changing experiences. So, we have a greater
opportunity we engage with our customers than someone selling books, or someone selling
shoes, right? So, the social revolution, it's happened out say one of the last 7 years has
changed the way we've done everything. And the main thing being engagement of customers
and delivering exceptional customer service.
TRAVIS: Yeah. I was going to say what you do has a high potential for becoming viral on a
social platform because people love to share their incredible experiences with all their friends.
And then that has a natural path that leads to back to you guys as well, right?
BRUCE: Yeah. That's the main-- I should say, it's amazing what some businesses are able to
engage their customers with like-- If you look at companies like Netflix which does amazing job
at-- Video streaming is the most unsexy thing on earth but they engage people to their brand
through social means. And we changed people's lives. The trips that we offer people who take
our trips, it's such an emotional purchase. And so we have an amazing opportunity. So, I always
say the world has changed in my favor in many ways because we are such an emotional
product. And 20 years ago when we engage customers it's such 1-way conversation with
advertising in newspapers, advertising in magazines, call for a brochure and book a trip to
Thailand. But now we can show video, we can engage in conversations, you can talk to past
travelers. There's so many ways in which you can engage customers.
TRAVIS: Right. How do you go from 0 to 1,350 employees? Just to give people perspective,
that's a pretty big group of people there. Was it a fairly easy path for you? What were the ups
and downs?
BRUCE: It's been a long one. People often ask and I said, next year we're celebrating 25 years.
We started in 1990. And it was a natural path and was certainly organic. And we've certainly
arise in the last 10 years that we've become really dominant in our space, in the small group
adventure space. But we've had to evolve and we've had to continually innovate. And we've had
25 years of double-digit growth. So, we've been like a 25-year start-up.
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TRAVIS: 25-years of double-digit growth, I love it.
BRUCE: Yeah. We've grown 40%-- We're on another growth curve, we've grown 40% every
month, month over month kind of since January 2013, I believe so.
TRAVIS: That's insane.
BRUCE: Yeah. So as a company we do a lot of things right. But it has a lot to do with the
momentum and how we look at business. We don't look at business traditionally. We believe
what we're doing is more of a movement in terms of getting to believe that their holiday time is
precious. And a week on the beach at an all-inclusive resort is not the way to see any country.
And when someone gets off a cruise ship they never talk about the destination, they talk about
the food and they talk about the ship. We want to kind of help people discover more kind of
passion, purpose, and happiness that has been lost over the information age with travel.
TRAVIS: So let me give you some perspective from my side about what you do.
BRUCE: Sure.
TRAVIS: Not your business but the industry that you're in. So, I've been in business about the
same amount of years as you and early on, me and my wife, when we got to travel, we would
go to resorts like you were talking about and we might spend a week on the beach, right? And
as 3, 5, 7 years passed, me and my wife we talked about it and we couldn‟t hardly remember
those vacations, right? And so, we started doing something different when we went on those
vacations. We started seeking experiences. And so the experiences were maybe renting 4-
wheelers, and when we're in Mexico and going up the mountain and eating tacos up at-- We're
at cloud level and doing some incredible things like that, right? And I still remember those
vacations 15 years later almost as clear as a week after I took them, right?
BRUCE: Yeah, for sure.
TRAVIS: And so, we instantly saw that it made the experience of our traveling much more
memorable, much more dimensional, everything. And so, from that point forward, even like we'd
go to New York, I'd find a local that can afford to spend time with us, we'll pay him, and he takes
us everywhere because he lives there, right?
BRUCE: Yeah, sure.
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TRAVIS: And that was my way of kind of figuring out how to do a lot of thing. I've always
would've loved to have somebody like you handle these things for us because a lot of times we
got to get our feet on the ground there and then figure it out, right?
BRUCE: Sure. Your motivation has been creating the experience for yourself and wanting to
see something different. You created the stories that you'll tell your grandchildren.
TRAVIS: Right.
BRUCE: But what you also might not know that you've also contributed to is you've also gone to
another country, spent money, and you've distributed your wealth. Wealth distribution is a big
part of what we talk about in our business model. You've hired locals, small restaurants, you've
maybe taken a local bus, gone into a craft market to buy your souvenirs as opposed to buying
them in a resort gift shop.
TRAVIS: Right.
BRUCE: And that money has been spread and you've created happiness locally by local people
benefiting from you actually being in that country.
TRAVIS: Oh yeah.
BRUCE: And that's what defines sustainability. At the same time you've also created memories
and special experiences for yourself, and local people are benefitted. And that's really the key,
to know what we're talking about and in terms of that movement. And even if it's not with us,
we're constantly talking-- one of our big sayings in the office is if you can't travel with us, travel
like us. Because we want people out of the 40 poorest countries in the world tourism is the
second largest form of revenue next to oil. So, travel has the ability to transform lives, and to
change, and have a positive impact on the 40 poorest countries. But it can't be done behind the
walls of a resort that's owned by a foreign holding company that just sucks the money right out
of the country, and local people aren't benefiting.
TRAVIS: Right. And you're really not even getting the experience when you're in other countries
and you're walking along the area where all the tourists are, with a fanny pack on and a camera.
You're not seeing the real place.
BRUCE: No, if you knew the industry of building these ports, these countries that cut these
deals with the cruise ships to build these manufactured ports for ships to arrive, they create a
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Western environment for people. And just outside of the walls of those ports people don't have
basic medical services and access to clean drinking water. So, there's just so many things
wrong. And I don't want to turn this interview into a political interview about travel, but I'm just
saying that that was also my eureka moment in business.
TRAVIS: No, I've had the same thing.
BRUCE: I thought there's got to be a tipping point.
TRAVIS: Yeah, I've had the same the thing and I know exactly where you're coming from
because when you get off the beaten path, we've gone up the side of mountains and you see
people, a whole new level of poor. Kids playing in water that smelled so bad that we didn't want
to drive through it very fast. And again, I agree with you that I don't want to turn this into a
political message. But what it does is it changes you from the inside because you see some
things from a complete different perspective. At one time I could speak quite a bit of Spanish, I'd
lost almost all my Spanish. But after being outside the walls and living in their culture for a
couple of days almost all my Spanish came back instantly. And living in this culture, eating as
they do, driving as they do, all of that stuff is hard to quantify.
BRUCE: Yeah, that's exactly what we feel that we sell. We don't look at ourselves as travel
company. I think that's also, when I talk about the brand we've created, we have this amazing
responsibility and great opportunity everyday to change people's lives. And travel just happens
to be that vehicle. What you're saying there is how it changes you and there's something
different. That's that noble purpose of travel that I always talk to people about that, that you
grow because you have a greater appreciation for what you have and you go home stronger,
you go home more knowledgeable. It also gives you a great appreciation for other cultures of
the people. And one of the grander things I talk about quite often is travel, there's no faster path
to peace in the world as people getting to know other cultures and other people. And getting to
know how other people live around the world. Because there's a lot ignorance that causes a lot
of violence around the world. But people getting to know each other know how each other live.
And how other people live on the world is a great developer of peace. And travel can just be that
vehicle. And I really believe that. And we started our purpose and our message of what we
wanted to accomplish as a purpose-driven business, travel was our vehicle to create that
change.
TRAVIS: Right. It definitely changes you inside. It's hard to be compassionate about something
until you've seen it, smelled it, touched it, and then your eyes are open. It matures you. It's kind
of like maturing as a young individual as you have more experiences in your life, you mature.
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Well, the same thing happens when you travel and you see different cultures. It matures you in
a way that's not visible but to other people that have gone through the experience, on some
levels they can pick up on it.
BRUCE: You always grow when you take yourself out of your comfort zone. We all know that.
And I think that the mainstream travel, the goal is to create that Western environment so you
have all the comforts of home. And so, you don't really feel like you've ever left home. I just don't
understand that side of travel. And so, when we started back in 1990 we actually had in our
brochure. If you want the comforts of home we suggest you stay at home. If you pay us to go to
Africa or Latin America and you felt like you never left home we really didn't do our job because
you've never really seen the country. And taking yourself out of your comfort zone is really what
life is about. And that can be that ability to grow and experience something new.
TRAVIS: Right. So, take me back to the business metrics. What do you feel like are the key
aspects? I completely understand the mindset of you and your company so far. But give me
some of the metrics of business. What do you feel like the key elements are for other business
owners. What can they take away? What are the 3 things or 4 things that you feel like were
critical to your success?
BRUCE: Well, there's a few things. First, you have to create a purpose around why your
business needs to exist in the world. And there's many different types of businesses and
sometimes people are creating businesses in an industry that's already flooded, and you're
going to somehow do things faster or cheaper. But you know, in terms of really be innovative
and different, you have to have a purpose, and what your purpose is. And then from that you
have to wrap that around core values and what your core values are in order to achieve success
in your business. And what's important to the people to attract the right people. So you have to
get all those things right first because when you bring in your first employees and you bring in
the first people that now represent your brand they have to fully understand your purpose and
you have to wrap that around your values.
TRAVIS: Right.
BRUCE: And then, once you do that you have to be able to hire and fire based on those values
and that purpose. Because quite often people come to want to work for you and they don't fit
your culture and they don't fit what you want to do. But they might be able to do a good job or
bring business, so it's really tempting because they can bring customers or bring partners
because they have great experience.
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TRAVIS: Right.
BRUCE: It's not worth it on your culture if they can't represent your brand and your culture. And
then through that it's leadership. Leadership is the next step, because leadership has to go
hand and hand with that. But your leadership has to be able to be adaptable. Because
entrepreneurs are notoriously self-centered and they have unnatural level of confidence
because you also need that as an entrepreneur. But at the same time being a leader is a very
difficult job because you have to continually self-evaluate. You have to continually look at how
you can get better and stronger every day, and that's a painful process for someone who is
someone who's generally self-centered and overconfident. So, that leadership process is a
constant growing. You have to be able to constantly grow. You never reach a pinnacle. And it's
a constantly painful process. So, leadership becomes-- defining what type of leader. The easiest
type of leadership is leading by example. Where you have everyone that you hired in the room.
You work hard, they work hard, they see how passionate you are so they're passionate. That's
really easy. But when you start getting employees that you never meet or don't have contact
with on a daily basis, that becomes more of a coaching type of leadership because you now
have to coach other leaders. But then when you become a multinational and you have people
all over the world that might work their entire careers with you and you'll never meet them, that
leadership is very different. And that path to leadership wrap around your original purpose and
your original values is what shapes you which allows your company to grow. When your
leadership stalls your company will stall. I've seen that over and over because I've had my own
plateaus, peaks and valleys and plateaus, in my own development as a leader. But as you get
older you get wiser, and as you get more people you get better people. And they put demands
on you to continually grow and develop as a leader. And then love what you do. I know that's
really cliché and people hear it all the time. I was speaking at our conference a few years ago
with Donald Trump but he even said love what you do. And I thought, well that's such a canned
answer but if you love what you do you'll never work a day in your life. And that's really what's
contagious with anyone who touches your brand. Because it rubs off on all the people you
recruit and you retain within your business who also relay that positive energy and that message
to your customers. And then your customers feed off that too because everyone wants to be
part of that kind of infectious energy. And so, it's that kind of circle that I believe that drives
businesses outside of traditional ways of measuring business success, which is obviously top-
line growth and bottom-line profitability.
TRAVIS: Right. So, what I hear you say is you feel like there's kind of 3 stages of leadership.
Would that be fair?
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BRUCE: Yeah. And there might be another one, I just haven't reached it yet.
TRAVIS: All right, good point.
BRUCE: So, I know where I am right now.
TRAVIS: Right. It's always easier looking back and kind of reviewing that, right? It's crystal
clear. You know one thing that is a common denominator with all successful people that I
interview is they're naturally-- well, I should say naturally because I don't know if that's true or
not. But they all have the 80-20 Principle in common with each other. They're really good at
getting crystal clear on the important 20% and not worrying about the other 80% of business
that they could have, right?
BRUCE: Yeah.
TRAVIS: And you're clear on that, right?
BRUCE: Focus is everything. Focus and execution are the two keys for entrepreneurs. Because
when you start out you to be focused, right? But when you become successful you even have to
be more focused, because opportunities are falling out of trees, everyone wants a piece of a
successful company. And you have to be more focused and not be distracted by bright, shiny
objects because there's so many of them in your path.
TRAVIS: Right. And I mentor a lot of businesses that are wanting to get to the million and
beyond mark. Number 1, it's a little dangerous to focus on just top line growth because a lot of
times top line growth is more of a vanity number. And bottom line growth is really, of course,
where the important stuff exist. Because I've ran a business that generated a million dollars and
netted virtually nothing. And so, that's a major problem.
BRUCE: Oh yeah
TRAVIS: Right. And so, there's a lot of critical aspects to running that business like you
mentioned. But most of them lack the focus. The focus of the client, their ideal avatar, and then
making sure that everything they do speaks to that avatar or multiple avatars, ideal people that
they serve. And so, without that focus they're all over the place and they're not able to
consistently produce profitable business.
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BRUCE: Yeah. It's very hard in the initial stages because when you set out with a purpose and
you set out with ideas on how you want to start a business. But at the same time you have to
pay the bills until your business stabilizes. And so, those first 3 or 4 years is when you have to
be focused as possible.
TRAVIS: Take anything just about.
BRUCE: But a lot of people have to end up having to take anything and then they get
distracted.
TRAVIS: Right, I completely agree. Do you guys use Google, Facebook, paid traffic and things
like that to generate a lot of your revenue as well beyond just the free social stuff?
BRUCE: Yeah, you mean like pay-per-click and that kind of marketing?
TRAVIS: Yeah, exactly.
BRUCE: Sure. Because our product specifically, people will go to the internet and search very
specific terms and keywords. So, our industries is catered to that. So we've certainly spent-- We
get presence all the time from Google, so I think we're a big, large travel customer for Google.
But it's a combination of the two things. We do want to get people's eyeballs as their research
mode for their travel. And Google is, or online, or-- the web anyway is where people are going.
So we have many ways in which to attract people's eyeballs, whether it's viral or social means,
or whether it's actually attract through search terms. It's kind of an all-encompassing marketing
program. But our goal is to get our products in front of people and give them that option.
Because when you say you want to go to Peru or Machu Picchu, there's many different options
and many different ways you can see it. We want to just be one of those options that you would
consider.
TRAVIS: Right. So yeah, I would imagine the majority of your paid traffic comes through Google
then, right?
BRUCE: Yeah, a big part of it does come to Google, but globally we go through all kind of
different ways. And as well with affiliates that attract-- we have literally hundreds of thousands of
affiliates that bring traffic to their sites and then on to us.
TRAVIS: Right.
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BRUCE: The way people do business these days, it has changed so dramatically, but it's been
motivated by the way people research brands and the way people consume. That's changed.
TRAVIS: Yeah. Affiliates is a whole new level of things that a lot of businesses don't even know
exist about the affiliate thing, which is really incredible. You know something that is-- I own
multiple businesses and Google has been the dominant player for me for years, well, ever since
online marketing. And Bing is a far, far second. Bing probably does 10%. But as far as paid
traffic, Facebook is starting to eclipse Google for me.
BRUCE: Yeah, it's funny, I actually just got some statistics last week about how Facebook can
get you-- We have over a million followers on Facebook, which is very large for a travel
company of our size especially. And literally in the last 6 months it's gone through the roof. Our
engagement is like 40% up, it's the number that I was looking at, 45% up I think from going
through Facebook onto finding out about products or booking our products. So, yeah, It's all
social. It's funny, even TripAdvisor. TripAdvisor has seen as something that's been so negative
for the hotel industry because people only right negatively when they stay at a place. They won't
go and put something positive when they have a good experience. But even that's driving the
industry.
TRAVIS: Yeah, I think the paid part of Facebook, just the organic part for you is always going to
be a dream. But the paid, using it the way that it really should be used, there's so many metrics
right now that you can pull with Facebook that you can't do with Google.
BRUCE: Yeah, I know.
TRAVIS: Where you can target very, very specific people. So, the amount of targeting is
unbelievable. And Facebook's kind of the sleeping giant for a lot of people. Most people just
maybe will promote a post or something, but it's much deeper than that. And so, some really
incredible things going on there. Hey, let me ask you, what book or program made an impact on
you related to business that you'd recommend and why?
BRUCE: I read a lot of books, so there's tons of books that have impacted me. One that stands
out in my mind would be Primal Leadership. I don't know that you've heard that book.
TRAVIS: No, I haven't.
BRUCE: Daniel Goleman. Primal leadership was a big one for me. It's about emotional
intelligence, and it's really the rise of a modern leader that has a higher level of emotional
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intelligence. When you look back at the tradition, the evolution of leadership when you look back
in the 80's and 90's of that kind of that Wall Street kind of leadership, with a Braveheart follow
me into battle type leadership. Leadership today through the kind of social tools and social
evolution that we're kind of all experiencing is leadership is very different. Primal Leadership
was way ahead of its time I thought in terms of understanding how emotional intelligence place
such an important factor in leadership. And leading people, and getting people to understand
what your business is. And following your brand or following your business, whether it's an
employer or a customer on how compassion in leadership is such an important part of modern
leadership. It's not a new book, it's quite an old book but it was way ahead of its time. I think it's
very relevant now to how leadership really works today.
TRAVIS: And so, to make sure that I've got this right P-r-i-m-a-l?
BRUCE: Yeah. Primal Leadership.
TRAVIS: Okay, Primal Leadership, all right. Something that struck me early on in my career as
an entrepreneur is someone had made the point, and I don't even remember where it came
from but it made sense to me as a leader. And they were talking about that a man would not
give his life for a million dollars but he'd give his life for a piece of metal in defending his country.
And that speaks to some of the leadership skills that you're talking about. It's being able to lead
people in a way to where they'll walk with you through fire. And a lot of people don't understand
that. And so, they may try to crack down on someone and they had not built that relationship
with that person. And I see a lot of people misunderstand this and therefore can't ever keep
anybody working for them.
BRUCE: Yeah. When you look at our industry, we have an industry that has a 35% average
turnover in the tourism industry for companies in terms of stock retention. We're less than three.
TRAVIS: Oh wow.
BRUCE: So, that's how you engage your employees isn't very different on how you engage
your customers today because they're all intertwined. It's all out there in the social world, right?
So understanding people-- Customer service driven companies have always been
understanding of the age in where you are everything for the customer. You tell us what you
want and we'll supply it. But that now expands to anyone who touches your brand because
when you look at the people that drive your business they're equally important as customers.
And so when you kind of start blending those two things together is when you created an
amazing company that's capable of extraordinary things. And then using social tools as well to
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get that out as part of your brand. We often say it, our culture is our brand because people
relate to our people and our culture as much as they do our product.
TRAVIS: Yeah, great point. Hey, what's one of your favorite tools or pieces of technology that
you've recently discovered, if any, it doesn't have to be brand new but new to you, that you'd
recommend to other business owners and why?
BRUCE: Yeah. I just wrote a book over the course of last year, Looptail, my book. And I typed it
on Evernote. And prior to that I've never heard of Evernote but I had an editor that was asking
me to link up with him, because I wrote so much of my book on planes, on iPads, on my phone,
in customs lines. I literally wrote about 20,000 words in lines on my tapping with one finger on
my phone. And it pieced together all of my thoughts. And then my editor could add thoughts,
and it links all my devices up together. Evernote has just become-- And so I learned how to use
it and it's such a powerful program in terms of organizing your thoughts. Because we all live in a
wired world too. We have multi devices and you write things in one place and then they're not in
the next. And then you also have executive teams where you kind of share information, share
documents, and share pages. Evernote to me is something recently that I've discovered that
has been a really powerful app. And as well as app-- not only an app on your phone but it's also
a program on your computer. And you can take it everywhere. And another thing is I learned
over the course of the last couple of years as well was I talk, and not everyone probably uses
this, but the traditional Dictaphone that people used I would say in the old days. I started just
recording thoughts. Because your mind is always racing, you constantly have thoughts, and I
started using iTalk I guess it was about 3 or 4 years ago actually. Because I just used to just
write stuff down, but you'd still miss stuff because you don't always have a pen, you don't
always have a paper. And then you lose it and you can't keep track with lots of little notes all
over the place. There's stickies everywhere of thoughts. And iTalk is the way you can just speak
into your phone anywhere when you have a random thought because I have them all over the
place.
TRAVIS: I do too.
BRUCE: You're walking down the street. But I want to remember it later in context to something
else. And Evernote just files all those thoughts based on just by titles and keeps them there
forever. And I kind of go through every couple of months and go through past thoughts and
make them relevant to what I'm thinking today. I often have read stories about how the Beetles
used to write songs and have paper all over their houses, and little recording devices
everywhere. So when they thought of it too they could write it down. There's a famous story of
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Paul McCartney waking up in the middle of the night with Yesterday on his mind. And he
actually called it Scrambled Eggs. And he wrote down Scrambled Eggs as the tune as he wrote
down. But if they had iTalk, my goodness, who knows how many songs they played. I'm sure
they forgot more songs than they wrote.
TRAVIS: Exactly. How much more prolific would they have been, right?
BRUCE: And I think entrepreneurs do that all the time. People who have active minds forget
more than they remember and those ideas get lost. And iTalk, I use it all the time now. And you
quite often see me walking down the phone observing something and I put my smartphone
close to your mouth just whisper something that I want to remember later. It could be a saying, it
could be a unique conversation. I hear someone on a shuttle bus or something, and I just want
to remember it to kind of put it in context later to something else I'm doing. And it just kind of
harnesses my ideas. And I lose less. And I always thought that too, that I lose more ideas than I
actually-- And between Evernote and iTalk, those two things have really harnessed a lot and I'm
trying to constantly harness it and utilize my ideas as much as possible. But I constantly lost or
forgot them.
TRAVIS: Yeah. You and I would belong to the same club because I do the same thing. I'm out
for a walk or whatever, and I'm talking into my phone.
BRUCE: Yeah.
TRAVIS: I'm constantly listening to something and then I--
BRUCE: And it can be a just little sound byte and you title it and you have a whole list of them.
It was odd for me at first, speaking to myself in a phone, I had to train myself to that because I
did think that was kind of odd. But once you start doing it and you start organizing your thoughts
it's very powerful.
TRAVIS: Yeah, I completely agree with you. Hey, what quote would best summarize your belief
or your attitude in business?
BRUCE: Probably something about leadership and innovation are probably two big things in
terms of for me in business. There's that famous quote about leadership is the art of getting
someone else to do what you want done because they want to do it. That's back to that
emotional intelligence, that primal leadership that I was telling you about that leadership is about
getting people to do what they want to do. And in the end it kind of meets your goals...
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TRAVIS: Right.
BRUCE: ...as a business or as a person. But also innovation, like Steve Jobs once said,
"Innovation is the difference between a leader and a follower." Because there's lots of
companies out there. But the ones that truly put new products in front of people innovate are
really the leaders, and what drive our economy forward is really what drives business forward
and evolves the way we live. And innovation is clearly that differentiator. And that's really how I
think about leadership and business.
TRAVIS: Yeah. I think that even ties back to the point that you made about creating a purpose
of why your business exists rather than creating a „me too‟ business, innovate, create something
that's different, and you'll be able to own your space, right?
BRUCE: Yeah. It's cool they focus so much on the product for years. And you have to have a
good product. When I talk about these messages, you have to have a great product. But that's
the price of admission. That can't be why you exist, right?
TRAVIS: Right.
BRUCE: Because in the modern world today someone will be able to do it cheaper and faster.
TRAVIS: Yeah, good point.
BRUCE: And if there's two products that are equal in the eyes of the consumer who looks at two
products and might not look as deep but sees two products as equal, the social on will always
win. The social one will always be the one that the consumer engages with. So, that old
business model of being a master of your craft and having that best product, you have to have
that, but it can't be what you hang your shingle on about why you exist anymore.
TRAVIS: Great point.
BRUCE: The customer wants to engage with customers and if you want repeat customers you
want to attract the best people. You want all those things in businesses to have traffic, best
customer… you want all those great things they teach in business school. It's not just about the
best product anymore. And there's been so many examples of that over and over again. How it
goes beyond that, and your purpose drives that engagement to want a customer first to track
them to want to purchase, and then purchase again and again, and then tell their friends.
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TRAVIS: Yeah, great point. Almost all old business models have been obliterated with
everything that's going on these days are completely changed.
BRUCE: Yeah, I mean, there's examples all around you. One of the greatest ones in recent
times is the rise and fall of Blockbuster.
TRAVIS: Right.
BRUCE: They just didn't innovate fast enough. Blackberry, the famous Canadian story.
TRAVIS: Kodak. I was fore by Kodak.
BRUCE: Kodak, their leadership position have them believing that they were untouchable.
TRAVIS: Right.
BRUCE: As I said, this little streaming company Netflix singlehandedly brought down
Blockbuster by just thinking and engaging their employees so differently, and engaging their
customers so differently. And then there was obviously, the technology solution which people
are engaged with. Amazon is another prime example of that.
TRAVIS: Yeah. Well you know, Kodak pivoted with Kodak Zi8 handheld video camera. And I
thought, "Good for them, they're pivoting. I'm glad to see an old company pivot and try to
innovate." And next thing you know apparently they waited too long to innovate and ran out of
cash.
BRUCE: Yeah. The whole time, they're great that you bring up because the whole time they just
thought they were untouchable. They had this belief that people wouldn't move away from their
brand, they were just too powerful. Toys 'R' Us is another good example of that. Levi's, I don't
know how old you are but when I grew up would you wear any other jeans but Levi's?
TRAVIS: No.
BRUCE: And they lost their market dominance by being so overconfident and they stopped
innovating.
TRAVIS: Yeah, being one-dimensional to a certain extent. Yeah, I completely agree you. Hey
listen, how do people connect with you? And also, if they wanted to learn more about possibly
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booking something with you guys, or just finding more out about it, well, what's the links, where
do they go?
BRUCE: There's all kinds of ways. We're G Adventures, so you can go to gadventures.com.
You can communicate with us on Facebook or Twitter. They're all under G Adventures. You can
also look at my book. My book was a New York Times Bestseller in the last September.
TRAVIS: Excellent.
BRUCE: And I have a website for the book, the book is called Looptail, and looptail.com is also
for the book but you can also go to on to Amazon or go on to any bookstore. So that's another
way in which you engage and learn more about the business. And once you experience our
product or read my book, tell your friends, get social.
End of Interview
TRAVIS: Excellent, wonderful, thank you very much. Remember that you can find all of the links
to the books and the resources mentioned in the show in the show notes, even the transcription.
Just go to rockstarentrepreneurnetwork.com. Before I close the show today, I'd like for you to
think about committing to two things that will help fast forward your success. I mentioned this a
while back although I think it's worth repeating again. And the first is find a mastermind where
you can be surrounded by the people that have an entrepreneurial mindset. So that you can
help eliminate those negative self-limiting thoughts. And also focus on constant, forward, bold
progress. Some of the most creative, innovative ideals will come from being around these type
of people. Now these people need to be outside your friends and your family circle, does that
make sense? The second is find a mentor that's already achieved what you've dreamed of and
see if that person will personally mentor you and your business. So that you can quickly
navigate your way to that next level and beyond. Trust me, it will cut years and years off of your
journey if you're willing to do those two things. So, one last thing before I close the show today I
want to share a quote with you from Denis Waitley, and the quote reads, "Happiness cannot be
travelled to, owned, earned, or worn, it's the spiritual experience of living every minute with love,
grace, and gratitude." This is Travis Lane Jenkins signing off for now. To your incredible
success my friend, take care.
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