Business 300

Ep. 127 – Leading People (Even If You Can’t Pay Them) – Part 1

Business 300 — Wed, 16 Oct 2024 07:00:00 +0000

Entrepreneurs trying to get a business off the ground have a lot going for them. But the one thing they need most, is mostly what they don’t have. Money. So, what do you do if you need money and don’t have it? The entrepreneur who doesn’t have any money must rely on something more important: […]

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Ep. 125 – Protect Your Brand From Your Customers

Business 300 — Mon, 07 Oct 2024 07:00:00 +0000

A business’s brand is not what the owner says it is, nor is it what the social media image portrays. A business’s brand is what the outside world says it is.Good or bad, a reputation is unavoidable. There are times when you must protect your brand from your customer.

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Ep. 123 – Value Is The Goal

Business 300 — Mon, 30 Sep 2024 07:00:00 +0000

A business exists to deliver value to a customer. Anything else is a distraction from that goal, and will lead to your business’ demise. If something else takes the place of the customer, the customer eventually leaves. And without a customer, you don’t have a business. That’s because the business is not the goal of […]

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Ep. 121 – A Fruitful Worldview

Business 300 — Mon, 23 Sep 2024 07:00:00 +0000

Profitable businesses have no place in our modern worldview. Our culture resides within a fruitless worldview. And a fruitless worldview has no place for fruit. But a business is supposed to be fruitful.

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Ep. 119 – Get Better As You Get Bigger

Business 300 — Mon, 16 Sep 2024 07:00:00 +0000

Most business owners want their business to grow. However, much of the time those who pursue getting bigger do it at the expense of getting better. But your business ought to not just grow bigger. It must also get better. But how do you get better? How do you know what area to improve?

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Ep. 117 – Aspirations & Actions

Business 300 — Wed, 14 Aug 2024 16:14:54 +0000

Idealists justify their position by reproaching the Pragmatists action as compromise. And Pragmatists sneer at the Idealists, dismissing their aspirations as idle chatter. Which group is the Business Owner a part of, and how should he navigate between the two?

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Ep. 116 – An Owner’s Lack of Nerve

Business 300 — Wed, 07 Aug 2024 07:00:00 +0000

In the last episode, I introduced “nerve” as a necessary virtue to possess in order for a leader to make decisions and act upon them – which is what makes a business owner successful. But why is nerve THE critical component? And what if I lack the nerve? If nerve is not a competency, is […]

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Ep. 115 – The Character Trait of Success

Business 300 — Mon, 05 Aug 2024 18:34:35 +0000

There are character traits that all successful business owners share; character traits without which a business owner would have a difficult time thriving, if not even just surviving. Without being this sort of a person, they wouldn’t be able to succeed.

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Ep. 114 – The Objective of Christian Enterprise

Business 300 — Mon, 22 Jul 2024 18:58:25 +0000

Everything within the domain of business – its end and its means – is subjected under the Lordship of Christ. There are plenty of Christian business owners who confess Christ as Lord over their business. But their approach is to determine their own end and means, as opposed to submitting those points under Christ. Let […]

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Ep. 113 – Let Sales Sell

Business 300 — Wed, 17 Jul 2024 07:00:00 +0000

Without sales there are no customers. Sales is supposed to sell. But because there’s much to the administrative side of sales, many business owners end up loading up the Sales Function with administrative burdens. Instead of selling, sales ends up “managing the sale.” What should a business owner do?

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Ep. 112 – Playing The Inventory Game

Business 300 — Mon, 15 Jul 2024 18:12:09 +0000

The game of inventory is a balancing act, if there ever was one. If your business revolves around products anywhere on the supply chain – from production, through wholesaling, to retail – inventory management is a part of your business plan. What parameters should you have for inventory management?

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Ep. 111 – Your Business Is Not Your Employee’s Baby

Business 300 — Wed, 03 Jul 2024 16:03:08 +0000

Nobody cares about the business like the owner does. The owner see and knows that. And usually it frustrates him. He cares about it, so he wants others to care about it too. He wants his employees to care about the well-being of the business. But is that a reasonable outlook? Is it good?

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Ep. 110 – Size Matters

Business 300 — Mon, 01 Jul 2024 20:58:03 +0000

The size of your business affects how it should be run. You can have a relatively small business, or a relatively larger one. And if you attempt to manage either one as if you were managing the other one, it wouldn’t work. When it comes to structure and systems, size matters.

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Ep. 109 – You Want A Boring Business

Business 300 — Wed, 26 Jun 2024 16:07:36 +0000

Your goal is not to make our customers’ experience with you exciting and unpredictable. You want your customer’s experience to be boring. And even though doing the work might be exciting, that’s also not your goal. Even inside your business, your goal is to make things boring. You want a boring business.

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Ep. 108 – The Global Objective

Business 300 — Mon, 24 Jun 2024 07:00:00 +0000

Your organization needs a lot of things to get done simultaneously. So, each functional department has its own work to do, and is focused on its local efficiencies. But what’s missed in this approach – and most often is in competition with it – is the Global Objective. How can you optimize to meet our […]

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Ep. 107 – Balancing Autonomy & Control

Business 300 — Wed, 19 Jun 2024 07:00:00 +0000

The need to balance autonomy and control is prevalent in nearly every area of our life and business. We want and need the freedom to explore and play and hunt. And, we want and need the security that comes with predictable stability. Our customer and employees value the same sort of things when interacting with […]

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Ep. 106 – Structure Enables Strategy

Business 300 — Mon, 17 Jun 2024 16:34:52 +0000

How the people in a business are organized and how they interact with one another affects how that business serves it’s customers. That’s another way of saying: structure enables strategy, and your purpose directs them both.

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Ep. 105 – More People, More Disorder

Business 300 — Wed, 12 Jun 2024 07:00:00 +0000

The more people are involved in your business, the more disorder will manifest. It’s better to maintain order as you move along, than have to fix it all later. But, what does that mean? How do you do that?

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Ep. 104 – Business Turnarounds

Business 300 — Mon, 10 Jun 2024 07:00:00 +0000

There are times when our business falls into a sort of disorder, and we need to perform a turnaround, or overhaul, if you may. But nothing is ever so bad that you can’t make it worse. What kind of approach ought one take when working through a business turnaround?

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Ep. 103 – Fail ‘Til You Succeed

Business 300 — Wed, 05 Jun 2024 07:00:00 +0000

Even though I don’t like the term “Fake it, ’til you make it,” I do understand some of the intent behind it. But I don’t think the best name for that sort of entrepreneurial mindset is “Faking it.” Entrepreneurs aren’t faking it. But they are failing. What’s that about?

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Ep. 102 – The Imposter Syndrome

Business 300 — Mon, 03 Jun 2024 07:00:00 +0000

There’s that popular poser-friendly phrase: fake it ’til you make it. It’s the motto of most imposters struggling with fear, trying to justify their usurped position. I’m here to argue against doing any and all of that. I have a different way to go about it.

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Ep. 101 – The Missing Ingredient

Business 300 — Wed, 29 May 2024 07:00:00 +0000

Most people and businesses grow stagnant. But there are those who don’t. There are the sort of people and businesses who get after it and conquer, realizing their aims. Why is that? Why do some people run and get somewhere, while others are constantly spinning their wheels, toiling away in yesterday’s problems? If we keep […]

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Ep. 100 – Death, Burial, & Resurrection

Business 300 — Mon, 27 May 2024 07:00:00 +0000

Some failures are scratches and wounds. But there is a sort of failure that is analogous to death. There is no getting through it. You can’t spin it into success, or turn it into an opportunity. There’s nothing else to do. The race is done. The results are in. You lost. Death and burial is […]

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Ep. 99 – How To Make a Business Case

Business 300 — Wed, 22 May 2024 16:45:48 +0000

How can you know if your business idea is a good one or not? This is where we build a Business Case. It’s a good and necessary place to start and end, in order to know which business idea to pursue.

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Ep. 98 – Cruise On Your Own Time

Business 300 — Mon, 20 May 2024 19:21:23 +0000

Transportation is one of the Seven Wastes in your business that your customers aren’t willing to pay for. “But,” you say, “there are entire businesses built on transportation, which people do pay for.” Yes, there are delivery services that people have been and continue to pay for. So, what am I talking about?

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Ep. 97 – Assess, Align, Actuate

Business 300 — Wed, 15 May 2024 07:00:00 +0000

When you work towards your business goals, what is guaranteed is that either you’ll meet them or you won’t. That much is obvious. When the target is met or the time is up, what then? What’s the reset step to keep moving forward?

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Ep. 96 – A Framework to Work Toward Your Goals

Business 300 — Mon, 13 May 2024 18:24:03 +0000

Big goals require small steps. You don’t want the lack of a “how” to keep the “if” from turning into a “when.” The principle is there, and you can go about it whatever way suits you. But here’s a little framework that might be of help.

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Ep. 95 – Big Goals Demand Small Steps

Business 300 — Wed, 08 May 2024 07:00:00 +0000

Most people have more aspirations than actions. There are, of course, different reasons why somebody doesn’t act on what they aspire towards. Here’s an approach to consider when trying to connect actions with aspirations.

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Ep. 94 – Don’t Make Them Wait

Business 300 — Mon, 06 May 2024 16:45:04 +0000

Waste Number 4. The Waste of Waiting refers to a customer waiting for anything. Here’s some of the why and what and how as pertains to making customers wait, and why the biggest loser in the game of waiting is you, the business owner.

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Ep. 93 – Don’t Be Pushy

Business 300 — Wed, 01 May 2024 07:00:00 +0000

There is something consultants like to call “the Pull System,” originally known as Kanban. The word Kanban has been hijacked by online productivity personalities, and utilized for a way to organize your tasks to flow. It sort of revolves around the idea, except with one huge difference that’s crucial to the entire idea of how […]

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Ep. 92 – You Know What To Do

Business 300 — Mon, 29 Apr 2024 07:00:00 +0000

What is a business owner to do when he feels like he’s stuck? The context is, of course, very relevant. And, like in all our problems, there isn’t one answer. But, also, like in most of our problems, there is one answer that is usually relevant. What are you not doing that you know you […]

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Ep. 91 – Interpret Financials to Hear Your Customers (Part 2)

Business 300 — Wed, 24 Apr 2024 07:00:00 +0000

In the last episode, I covered a few basic things to be looking for when interpreting your Income Statement. The Income Statement tells you how much value you’re providing to your customers. This time, I’m going to do a similar thing with the Balance Sheet. The Balance Sheet tells you how good you are at […]

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Ep. 90 – Interpret Financials to Hear Your Customers (Part 1)

Business 300 — Mon, 22 Apr 2024 07:00:00 +0000

Financial analysts will tell you that your Income Statement communicates your Competitive Advantage. That’s true. But Competitive Advantage is too inward focused of a term for me. I like to keep the focus on the customer. So, what others call Competitive Advantage, I call Value to Customers. How do you know how much value you’re […]

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Ep. 89 – Quit Moving Around

Business 300 — Wed, 17 Apr 2024 15:58:26 +0000

There are seven categories of everything that gets in the way of providing value to your customer; things your customer is unwilling to pay you for; things that burden both your customer and your business. I’ve gotten through the first two – Overproduction and Over-Processing. Now it’s time for the 3rd one: Motion.

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Ep. 88 – On Making Progress When Leading People (Part 3)

Business 300 — Mon, 15 Apr 2024 16:17:01 +0000

This is part 3 in this mini-series about leading a group of people. When trying to maintain traction and forward progress, it’s helpful to identify 3 groups that compose the entire collective. Each group requires a bit of a different mindset and approach in order to keep the ball moving forward. The first group was […]

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Ep. 87 – On Making Progress When Leading People (Part 2)

Business 300 — Wed, 10 Apr 2024 07:00:00 +0000

People are at different buy-in levels of the vision as individuals. So, when trying to make progress, you must consider the persons composing the collective. The first group is the Vision Supporters. The second group, we cover here.

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Ep. 86 – On Making Progress When Leading People (Part 1)

Business 300 — Mon, 08 Apr 2024 07:00:00 +0000

If you only think of leadership in the context of a collective, it quickly gets ambiguous and unhelpful in terms of actually making progress toward the vision. We lead the entire team towards victory, but we make handoffs and passes at an individual level. If trying to make progress, it’s helpful to consider what type […]

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Ep. 85 – Leading Through Sabotage

Business 300 — Wed, 03 Apr 2024 17:31:17 +0000

If leadership only entailed charting forward while safely assuming that the people you are rallying are following at your heels, that would be difficult all on its own. But, typically, the people you’re trying to bring to a better place, are in some capacity sabotaging your efforts. Why is that the case? And what should […]

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Ep. 84 – Michelin Star or McDonalds Menu?

Business 300 — Mon, 01 Apr 2024 07:00:00 +0000

I promised to get through all seven of the wastes that keep you from providing the right value to your customers. This time we get into Over-Processing. All work is processing work. However, there’s a way to over-process the work in an unnecessary manner that keeps you from providing more value to more customers.

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Ep. 83 – What Kind of a Business Should You Own? (Part 2)

Business 300 — Wed, 27 Mar 2024 07:00:00 +0000

What sort of business should you start, buy, or be involved in building? In the last episode, I listed two criteria you could think through when trying to determine what kind of a business you should own, whether starting or buying one. Here are two more for us to work through.

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Ep. 82 – What Kind of a Business Should You Own? (Part 1)

Business 300 — Mon, 25 Mar 2024 07:00:00 +0000

What sort of business should you start, buy, or be involved in building? Many aspiring business owners are stumped at this question. The market is cluttered with all sorts of businesses. How should you order your thoughts to generate good business ideas? Here are some criteria that may help you figure out what kind of […]

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Ep. 81 – Are You An Operator Or An Administrator?

Business 300 — Wed, 20 Mar 2024 07:00:00 +0000

There’s a difference between the 2 types of business managers: The Administrator and The Operator. I’m here to tell you that you are better off being an Operator than an Administrator if you want to manage your business well. But maybe those labels aren’t what you think.

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Ep. 80 – Active Attention, Not Aimless Abdication

Business 300 — Mon, 18 Mar 2024 16:19:24 +0000

Conditions and circumstances in the business world change in a way that requires our adaptation. But for a variety of reasons, many business owners have a difficult time accepting that change. When hit with a change in conditions, the business owner will often determine that the current reality is a passing season that he just […]

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Ep. 79 – The One Thing For Operational Improvement

Business 300 — Wed, 13 Mar 2024 07:00:00 +0000

When thinking about improving your operation, everything comes to the forefront all at once. But you can’t solve everything. So, when dissecting your operations to get better at delivering the value, what should you focus on as you try to make things better?

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Ep. 78 – Enjoy The Process

Business 300 — Mon, 11 Mar 2024 07:00:00 +0000

We enjoy dreaming, envisioning, anticipating. But then begins the process of getting there, with its frustrations, the sticks in our wheels, and the setbacks. It’s unhelpful to say that we should just close our eyes to the struggle and enjoy the good things in life. So, what should a business owner’s approach be? One thing […]

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Ep. 77 – Why Do We Over Produce?

Business 300 — Wed, 06 Mar 2024 08:00:00 +0000

Overproduction, out of the seven, is the waste that we not only do most often, but think that we’re doing the right thing when we’re doing it. Doing wrong is easier when you think it’s right. So, what is it about producing more than we need right now that appeals to the business mindset?

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Ep. 76 – Overproduction Is Your Biggest Enemy

Business 300 — Mon, 04 Mar 2024 08:00:00 +0000

I’ve previously introduced the concept of the 7 Wastes. We’ll go through each of them in turn, starting with the worst of them all – overproduction. Why is it so bad? And, if it is, why do we keep doing it?

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Ep. 75 – 3 Metrics To Deliver Value

Business 300 — Wed, 28 Feb 2024 08:00:00 +0000

The basic fundamentals of business is more value and less waste. Increase the value you’re providing to your customers while decreasing the waste in your operation, and you’ll be headed in the right direction. Everything else really does fall in line at that hinge-point. So, there are 3 things we should be measuring in our […]

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Ep. 74 – Working With People You Don’t Agree With

Business 300 — Mon, 26 Feb 2024 08:00:00 +0000

We all should have some things at that level of clear-cut, uncompromising principle. But, is every hill worth dying on? Or are we to compromise? Here’s a framework I hold in the back of my mind in order to keep my sanity. The Impasse-able Framework.

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Ep. 73 – You Can Say “No”

Business 300 — Wed, 21 Feb 2024 08:00:00 +0000

In the last episode I mentioned where to start looking when you’re wanting to grow your sales volume but aren’t. This time I want to take the inverse of that question, and discuss when you’re busy with a ton of orders you are not interested in, and it’s overwhelming you to exhaustion.

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Ep. 72 – Growing Your Business Revenue

Business 300 — Mon, 19 Feb 2024 08:00:00 +0000

The way a business owner ought to be in control of his entire business, so should he be in control of it’s size. Having your business volume get away from you – whether that means your business is smaller or bigger than you would like it to be – is a problem that is too […]

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Ep. 71 – Cultivate Order, Not Chaos

Business 300 — Wed, 14 Feb 2024 08:00:00 +0000

Your vision might include a well-ordered operation, with clear instructions at all levels, and systemic, well-timed, interconnected processes. But nearly all businesses experience volatility. In response, we can either nourish more chaos, or we can cultivate order.

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Ep. 70 – Practicing Your Purpose

Business 300 — Mon, 12 Feb 2024 17:18:58 +0000

Identifying a purpose is a good and necessary pursuit. As long as your purpose is not disconnected from your practice. But is the work itself that your business does connected to your business purpose? Or is it a means to an end to an irrelevant vision?

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Ep. 69 – The Role of The Leader

Business 300 — Mon, 05 Feb 2024 17:32:44 +0000

Getting back to the role framework for the organizational structure, we discuss the role of the Leader, who spends his time in the world of the Future.

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Ep. 68 – What Is Leadership?

Business 300 — Mon, 29 Jan 2024 21:31:19 +0000

Not everybody means the same thing when they say “leader”. I use the word “leader” in a much more narrow and specific way than some other people do. Because of that, I believe that not every needs to aspire to the role of a leader. And that is perfectly okay.

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Ep. 67 – The Role of The Manager

Business 300 — Mon, 22 Jan 2024 17:16:36 +0000

Continuing with the framework to help structure your organization and fill it with fitting roles, we move into the world of Tomorrow, which belongs to the role of the Manager.

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Ep. 66 – The Role of The Specialist

Business 300 — Mon, 15 Jan 2024 17:07:42 +0000

Earlier I covered a way to think about organizational structure. The different contexts of Today, Tomorrow, and the Future require different focal points and a different system. With that framework in mind, what kind of roles does each context demand, and what sort of the competencies are required? First to bat is The Specialist, performing […]

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Ep. 65 – The Organizational Structure

Business 300 — Mon, 08 Jan 2024 17:10:39 +0000

When thinking about structuring your business’ roles and allocating responsibilities, it’s necessary to acknowledge the multi-faceted dimension that an organizational structure requires. With that, here’s a framework for structuring roles and responsibilities in a way that addresses each context of your business.

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Ep. 64 – Know Your Target Employment Audience

Business 300 — Wed, 03 Jan 2024 17:24:50 +0000

The mission and vision are only as good as the people living it out. By determining your target audience, you’ll not only know who you’re trying to attract, but you’ll also gain understanding about what kind of people it’ll take to accomplish your mission.

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Ep. 63 – Uncover The Mission Of Your Business

Business 300 — Wed, 03 Jan 2024 04:03:16 +0000

If the purpose of your business is not clear, you probably won’t have thriving and motivated employees for long. Communicating the purpose is not the only thing you need to attract and retain great employees, but it is a fundamental one. How can you go about uncovering your business mission?

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Ep. 62 – What The Customer Won’t Pay For

Business 300 — Mon, 18 Dec 2023 17:20:11 +0000

Your focus is to provide value for your customer. But not everything you do is “value-added”. Here’s a summary list of non-value-added activities.

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Ep. 61 – Manage With Freedom & Responsibility

Business 300 — Mon, 11 Dec 2023 17:36:39 +0000

Managers want reliable results. So they defer to managing the minute details of their workers time. Micro-management, although may be driven by good intentions, is one of the best ways to discourage your team, and make sure people loathe your authority. What we want, of course, is to do things the right way. Here’s an […]

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Ep. 60 – Be Comfortable Being Uncomfortable

Business 300 — Mon, 04 Dec 2023 18:11:13 +0000

Business and markets are ever evolving and changing. As the world around us changes, there are certain truths and principles that remain constant, which we should not change. There are other objectives and methods, however, that if we hold on to as business owners, we sacrifice the very purpose of our existence. We exist to […]

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Ep. 59 – If Opportunity Isn’t Knocking

Business 300 — Mon, 27 Nov 2023 17:08:45 +0000

Business is all about capitalizing on opportunities, right? Your connections, market timing, technology innovation, resources. Those who succeed are those with more opportunities. But what should I do if opportunity isn’t knocking?

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Ep. 58 – Profit Is A Necessary Good

Business 300 — Mon, 20 Nov 2023 16:52:26 +0000

Society lambasts business people with guilt, grabbiness, and sending them to the gallows. Business consultants talk about balancing profit with your mission. But profit doesn’t compete with your mission. It enables it.

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Ep. 57 – The Sanctified Differentiated Leader

Business 300 — Mon, 13 Nov 2023 09:00:00 +0000

“The Failure of Nerve” by Edwin Friedman is one of the best leadership books I’ve read. His explanation of what it takes to be a leader is indispensable. And, I do think that we can build on it. Here’s a bit on leadership.

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Ep. 56 – How To Get Into Business Ownership

Business 300 — Mon, 06 Nov 2023 19:18:09 +0000

This episode is for the would-be business owners – for those aspiring to the role, but who aren’t yet in it. What is your way in? How can you make steps towards profitable business ownership?

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Ep. 55 – The Fundamental Focus

Business 300 — Mon, 30 Oct 2023 16:53:50 +0000

A multi-faceted attention span is a job-requirement for the business owner. It’s too easy to lose focus on what matters most. What is the fundamental focus a business owner must maintain if his business is to continue thriving?

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Ep. 54 – Is There Good Debt?

Business 300 — Mon, 23 Oct 2023 20:32:00 +0000

Is debt a moral issue? Is there such a thing as “good debt?” Or is all debt inherently bad? Business owners who care about right and wrong need to think through these questions.

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Ep. 53 – What About Business Debt?

Business 300 — Tue, 22 Aug 2023 22:58:51 +0000

Is there such a thing as “good debt?” Or, is Dave Ramsey correct that all debt is bad?

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Ep. 52 – Employee Termination – Part 2

Business 300 — Wed, 16 Aug 2023 16:12:52 +0000

Terminating an employee is not fun for anybody. Part of what makes it unpleasant is its unpredictable nature. You won’t be able to clear that fog. But maybe you can rise above it.

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Ep. 51 – Employee Termination – Part 1

Business 300 — Mon, 07 Aug 2023 17:00:51 +0000

Terminating an employee is not fun for anybody. Part of what makes it unpleasant is its unpredictable nature. You won’t be able to clear that fog. But maybe you can rise above it.

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Ep. 50 – The Best Way To Success

Business 300 — Mon, 31 Jul 2023 16:33:57 +0000

We do because we want it done. We try because we want to succeed. But failure gets in our way. So how do we succeed in light of the possibility of failure?

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Ep. 49 – Start Walking

Business 300 — Mon, 24 Jul 2023 16:14:04 +0000

Our dreams are only as good as our execution. There are different reasons why we don’t execute. There are different reasons for a lot of things.

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Ep. 48 – Customers Aren’t Always Right

Business 300 — Mon, 17 Jul 2023 17:38:37 +0000

Are customers really always right? Maybe the answer to that question depends on answering another question first.

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Ep. 47 – Incentives to Keep Employees Engaged (Part 2)

Business 300 — Tue, 11 Jul 2023 16:16:35 +0000

Keeping employees engaged at their jobs could be tricky. But it doesn’t have to be. Here are a few practical things a manager can think through.

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Ep. 46 – Incentives to Keep Employees Engaged (Part 1)

Business 300 — Mon, 03 Jul 2023 16:54:53 +0000

Keeping employees engaged at their jobs could be tricky. But it doesn’t have to be. Here are a few practical things a manager can think through.

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Ep. 45 – Keep It Simple

Business 300 — Mon, 26 Jun 2023 17:31:00 +0000

Like thorns and thistles, things in your business get complicated all on their own. One needs to work to keep things simple.

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Ep. 44 – Lean Into Your Presups

Business 300 — Mon, 19 Jun 2023 16:11:12 +0000

Some business owners may attempt an illusion of neutrality, but at the end of the day, values and principles in business are an escapable concept. It’s not whether, but which. Should you shy away or should you lean in?

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Ep. 43 – Communication is A.R.T.

Business 300 — Mon, 12 Jun 2023 18:08:26 +0000

The Commnunication System within your business is crucial to make sure your people are hearing you and you are hearing them. Think about your channels and cadence. It’s an A.R.T.

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Ep. 42 – On Being A Realistic Optimist

Business 300 — Mon, 05 Jun 2023 17:06:29 +0000

What kind of mindset is most helpful as a business owner? Pessimistic, Optimistic, or Realistic?

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Ep. 41 – Against Work-Life Balance

Business 300 — Tue, 24 Jan 2023 17:54:46 +0000

How does a business owner relate his work to the rest of his life? The gurus will tell you that a work-life balance is the name of the game. But is that the right game to play? As a business owner, an imbalanced life is the way to go.

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Ep. 40 – Business Partnerships & Mutual Success

Business 300 — Tue, 04 Oct 2022 16:22:06 +0000

Should you pursue partnerships or go at it alone? Sure, there may be pros and cons to both. But, before deciding your route, it may be helpful to think about the definition of a partnership, and what it would take to make it work.

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Ep. 39 – Change & Constancy

Business 300 — Wed, 14 Sep 2022 18:03:33 +0000

Business, as is all of life, is seasonal. Different seasons demand different approaches. Refusing to change may lead to ruin, but being frantic could be just as bad.

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Ep. 38 – Align Authority & Accountability

Business 300 — Wed, 24 Aug 2022 16:04:47 +0000

Delegating results means we have to hold people accountable for them. But what about delegating the authority to produce those results?

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Ep. 37 – The Collective and the Individual

Business 300 — Tue, 02 Aug 2022 22:53:52 +0000

Serving customers and hiring employees means people are involved. And where there are people, there are persons. How should a manager approach a group verses an individual? And what’s the best way to structure your business to cover all the bases?

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Ep. 36 – Generosity Before Gain

Business 300 — Wed, 13 Jul 2022 16:09:49 +0000

Why are you a business owner? What drives your ambition? Comparitively, what drives the market? It seems like some owners try to build their business in reverse order.

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Ep. 35 – Hiring Is Not For Idealists

Business 300 — Wed, 22 Jun 2022 15:47:23 +0000

When it comes to hiring, idealism doesn’t always help. Good managers make employee management a programmatic endeavor, instead of relying on individual stardom.

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Ep. 34 – The Principles Behind The Practice

Business 300 — Thu, 16 Jun 2022 17:42:08 +0000

Not all advice is created equal. So, how can we filter advice, and draw principles out of practice?

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Ep. 33 – Know Your People

Business 300 — Wed, 18 May 2022 04:23:59 +0000

People. They’re everywhere. You can’t escape them. Actually, even more so, people are the point. Understanding them is something you might want to consider.

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Ep. 32 – Don’t Be The Ceiling of Your Business

Business 300 — Fri, 13 May 2022 04:59:57 +0000

You’ll either be hiring people who are less competent than you or more competent than you. How does that play out? How to go about it?

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Ep. 31 – The Right Foundation

Business 300 — Wed, 20 Apr 2022 16:38:18 +0000

We can despise our work. Or we can feel guilty about our success. Neither sound like a good foundation for owning a business and enjoying your life. Well, there’s another way.

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Ep. 30 – Get Comfortable With Being Uncomfortable

Business 300 — Thu, 14 Apr 2022 17:27:10 +0000

Comfort or customers? Sometimes those are not mutually exclusive. But many times, they are. Which one do you want?

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Ep. 29 – Play Checkers, Not Chess

Business 300 — Tue, 29 Mar 2022 01:10:10 +0000

Constant chaos. Unpredictable volatility. This is the world business managers live in. But is it okay? Or there something that can be done?

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Ep. 28 – Making Ideas Happen

Business 300 — Fri, 18 Mar 2022 04:02:17 +0000

Ideas are great. But making them a reality is a bit better. Perhaps you can mix this point into your idea-realizing approach.

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Ep. 27 – Utilizing Resources in Your Operation

Business 300 — Thu, 10 Mar 2022 20:46:05 +0000

You serve your customers by utilizing resources. The “utilizing resources” part is what the operation of your business does when it tries to deliver the value to your customer. How do you do that in a successful way?

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Ep. 26 – Strategy & Structure

Business 300 — Sat, 05 Mar 2022 02:04:25 +0000

What is the relationship between your business strategy and the structure of your business?

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Ep. 25 – Accounting & Financial Statements

Business 300 — Fri, 25 Feb 2022 00:03:49 +0000

The business owner typically knows the product and the customer very well, but a lot of time struggles to keep the numbers straight and the books sound. Here are 2 things I recommend.

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Ep. 24 – Replaceable and Critical

Business 300 — Wed, 16 Feb 2022 23:34:33 +0000

Aspiring to indispensability sounds bold. But is it helpful? Is there a better mindset a business manager could have in order to provide exceptional value?

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Ep. 23 – Lag VS Lead Measures

Business 300 — Wed, 09 Feb 2022 19:32:57 +0000

Goal setting can be fun. But achieving them takes work. If you’re having problems with that, perhaps you can trying measuring something different.

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Ep. 22 – Learn to Wear Your Whitey Tighties Proudly

Business 300 — Fri, 04 Feb 2022 23:24:45 +0000

Accidents and mistakes happen. It’s a normal part of the game. Instead of freaking out, it may be good to learn to wear your whitey tighties proudly.

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Ep. 21 – Make Your Decisions, Just Make Good Ones (Part 2)

Business 300 — Tue, 25 Jan 2022 23:55:12 +0000

With 2 episodes on decision-making, you’re twice as equipped for the task than you were with only 1.

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Ep. 20 – Make Your Decisions, Just Make Good Ones (Part 1)

Business 300 — Wed, 19 Jan 2022 05:19:48 +0000

Making decisions is inescapable. But making bad ones is not. At the very least, we can up our chances to make them good.

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Ep. 19 – Plans, Ifs, & Buts

Business 300 — Thu, 13 Jan 2022 00:40:44 +0000

Making plans is important. But things rarely go according to plan. Is there something you can do about that?

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Ep. 18 – Learn To Juggle – Build & Fight

Business 300 — Tue, 04 Jan 2022 00:25:24 +0000

Growing a business has many facets. But there are 2 overarching objectives that you must always keep in perspective.

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Ep. 17 – An Embodied Vision

Business 300 — Tue, 28 Dec 2021 18:09:31 +0000

Owning the vision, being present with the crew, and having the responsibility and authority to lead them are inseparable.

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Ep. 16 – Brand Building

Business 300 — Tue, 07 Dec 2021 00:59:06 +0000

What is a brand? Is it important? How do you build and manage it?

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Ep. 15 – Snake Oil Solutions

Business 300 — Tue, 30 Nov 2021 01:19:29 +0000

Charlatans sell snake oil. And quick-fix solutions promise to save. But good things that last require something else entirely.

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Ep. 14 – How To Gauge The Temperature

Business 300 — Mon, 22 Nov 2021 23:58:38 +0000

Like a thermostat, it’s important that the business manager gauges the temperature of the organization and responds accordingly. How do you do that?

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Ep. 13 – Show Me The Money

Business 300 — Wed, 17 Nov 2021 06:38:07 +0000

What metrics matter? Why is my unit cost outstanding but my net profit is garbage? Why is my business growing but I have less money?

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Ep. 12 – Systems! Systems! Systems!

Business 300 — Tue, 09 Nov 2021 18:04:17 +0000

Whatever kind of business structure you have, systems will do you good. Systemic thinking makes good things happen.

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Ep. 11 – Do You Have What It Takes?

Business 300 — Tue, 02 Nov 2021 04:44:06 +0000

What does it take to be a business owner? Skills, talents, abilities. Do you have what it takes? That’s the ultimate question, right?

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Ep. 10 – Hike, Don’t Sprint

Business 300 — Tue, 26 Oct 2021 17:55:33 +0000

When you’re building a company, you should have realistic expectations. Overnight success is possible. Here’s how.

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Ep. 9 – The 4+1 Parts of a Business

Business 300 — Mon, 18 Oct 2021 07:00:00 +0000

The 4 functions are basic structural components of any and every business. Whether you’re a one-man show, or a red-tape corporation, you cannot remain in business if you don’t do these 4 things…plus one.

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Ep. 8 – Your Mind & Your Gut

Business 300 — Tue, 12 Oct 2021 00:42:09 +0000

“In God we trust, all others bring data.” What place does data play in decision making? Should we trust our experience, or only rely on data?

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Ep. 7 – No Map? No Problem

Business 300 — Mon, 04 Oct 2021 07:00:00 +0000

If all you can see is a few steps ahead of where you are, well then, let your concern not exceed your vision. Walk those steps, and keep your eyes open.

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Ep. 6 – The Practical, Conceptual, & Ideal

Business 300 — Tue, 28 Sep 2021 20:14:17 +0000

No need to get frustrated because the ideal isn’t practical. Also, no need to sit idly by. If you want to make progress in your business, focus on the practical for today, the conceptual for tomorrow, and the ideal for the day after that.

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Ep. 5 – Results, Not Just Intentions

Business 300 — Mon, 20 Sep 2021 07:00:00 +0000

Good intentions feel good. But they’re not the same as good results. Basking in premature boasting may be unhelpful as you pursue your business success.

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Ep. 4 – Does Your Profit Compete With Your Mission?

Business 300 — Mon, 13 Sep 2021 07:00:00 +0000

Does profit compete with the mission of your business? Is it just a necessary evil? Are business owners greedy if they care about maximizing their profit?

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Ep. 3 – Don’t Romanticize Your Calling

Business 300 — Thu, 02 Sep 2021 19:21:33 +0000

Ah, passion. “If only I could…” Forget about it. Save romanticism for someplace else. In business, you need a customer.

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Ep. 2 – 4 Reasons Why Business Is Good

Business 300 — Thu, 02 Sep 2021 18:54:31 +0000

In this episode, I discuss why business is intrinsically GOOD, apart from any of the indirect benefits. Business is good. Why?

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Ep. 1 – Business Is Good

Business 300 — Thu, 02 Sep 2021 18:35:49 +0000

A new podcast about business. It’s not personal, it’s business. So, let’s get down to bid’ness. What am I doing and why am I doing it? Am I minding my own business?

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