Enterprenuer
Josh Coleman is a Partner at Treacy & Company. Coleman has more than 15 years of experience in advising senior executives regarding issues related to innovation and growth.
After working for Monitor Group and Monitor Deloitte, Coleman joined the firm.
Coleman is based in Chicago and has assisted companies with their corporate strategy, marketing strategy, and program development.
From where did the idea of Treacy & Company originate?
We set out to build a high-quality growth and innovation consultancy firm that could compete with the MBBs around the globe but still maintain a small size and personal touch.
Many of our partners have worked for large firms, so we wanted something more collaborative and focused on client work. It was built.
How do you make your day more productive?
My day revolves around virtual meetings with clients and may occur at home or in the office during COVID.
It has made our lives more enjoyable and helped us realize how important it is to avoid unnecessary travel.
As a career consultant, I can cook for my 6-year-old daughter and 3-year-old son every night.
It’s great to meet clients in person, especially when we travel for large meetings and workshops.
How can you bring your ideas to life?
Amazing stories! Ideas are dull until they become narratives.
Which trend is your favorite?
Personalized medicine and cancer treatments such as CAR-T-cell therapy are rapidly becoming a “cure” in our lifetime.
Imagine a future where a large portion of cancer and cellular aging effects can be treated with medicine.
These advances must be made available as quickly as possible.
The Ford Model T of personalized medical care is what I would love to see, but it does not exist.
Which habit makes you more productive as an entrepreneur than another?
I surround myself with people who have different talents than I do, encouraging them.
What advice would your younger self give you?
Take time to enjoy every stage of your career, and don’t rush!
My new analysts tell me that being the closest person to the data is the most rewarding and privileged position.
You only get to do this for a few decades in consulting.
You will spend 8-10 years becoming a partner in your career.
If you leave, you’ll have spent 10-20 years as a partner.
We need to hear something you believe is accurate and that nearly everyone agrees with.
The correct answer will not be enough if there is accurate alignment within 180 degrees.
What is one thing that you recommend to everyone as a successful entrepreneur?
Don’t rely on one mentor, one situation, or one set of experiences for advice.
I am always open to speaking with senior partners in other firms (or competitors!) I also reach out to senior partners at other firms (even competitors!) for advice.
It’s incredible to see how many people will help you overcome a problem or help you know the solution to a problem that wasn’t there before.
Which strategy has been most successful in growing your business?
You should hire intelligent, motivated people to lead the company.
Please give them the support and guidance that they need.
One person cannot do it all. It wouldn’t make the business sustainable or profitable.
How did you overcome that failure as an entrepreneur?
Perfectionism used to be my enemy. I now prioritize the areas where perfection is impossible, and 80% is an acceptable answer.
Which business idea would you be willing to share with our readers?
The younger generation’s focus on sustainability and environmental impact will quickly take over shareholder value and demand discussion.
You can break down the entire supply chain, energy consumption, waste, carbon generation, and other elements of a company and find a solution to one problem.
This could include energy optimization, intelligent controls, waste management improvements, intelligent energy usage controls, flight protocols, and transport incentives, among other things.
Which was the most expensive $100 you spent recently? Which and why?
A local artist sold me a piece of artwork for my 6-year-old son.
This way, I can pass on the importance of supporting local businesses and art appreciation.
Which piece of software or web service can you use to help you be more productive?
Productivity is not about finding the latest app but setting boundaries for those I use.
Open calendars are the best thing for an organization.
You can always make anything “private,” It is continually respected.
People should think, work, and go for a walk. Culturally, I would like to see more of this in our company.
Which book would you recommend to our community? Why?
It will help if you read books that you enjoy, not ” should ” books.
Life is too short, and there are many great books.
Which quote is your favorite?
Adam Grant’s ideas on confident humility have recently been a great inspiration to me.
What could the Key Learnings “Josh Coleman” offer to Enterprenuer readers?
Take pleasure in every stage of your career, and try to get the most out of each one.
Do not rely on one mentor, one situation, or one set of experiences for advice.
You will find intelligent and driven leaders who will help you grow your business.
Don’t read books you don’t love.
