Business Built Freedom

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166|Leaning Out Your Business With Crista Grasso Oct 06, 2020

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Leaning Out Your Business With Crista Grasso

One of the challenging parts of being a business owner is taking a substantial amount of time to make the best decisions for your company. It doesn't always mean that you just flip a coin whenever you need to choose. Weighing the pros and cons is the more effective way to move forward. Being patient while using the right tools and implementing a systematic process can drive your business to its sustainability.

Many of us make the mistake of thinking that it has to be perfect by the launch date not knowing that constant running of tests, trial and error, and failures are included in the package. And preparation and consistency will help you armour your business on its way to success.

In this episode, Crista Grasso, the creator of both the Lean Out Method and the 90-Day Lean Out Planner, shares tips for leaning out to level up.

To read the full transcript, visit the Dorks Delivered blog.

165|Making a Foundation for Growth With Jeff Chastain Sep 29, 2020

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Making a Foundation for Growth with Jeff Chastain

Every business must have a strong foundation—from the people you can trust to the website you are planning to build and the marketing efforts you need to keep the business going. And whether you've been running a business for quite some time or you jumped into the world of entrepreneurship just recently, you must learn how to put these elements in place early on. Many questions remain unanswered especially when people and money management are involved. The key to an organisation's success is the relationship among team members and the cash flow management, which could be a challenge for some. In this episode, Jeff Chastain shares how we can make a foundation for the growth of your business.

To read the full transcript, visit the Dorks Delivered blog.

164| Are You a Leader With Tim Spiker Sep 22, 2020

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How to Work Out If You Are a Leader With Tim Spiker

Without the power of leadership, all other business elements lie dormant. Leadership is essential to govern the stability not only of the business structure but also its people's reliability to the company. Have you ever tried spotting the difference between a boss and a true leader? A boss micromanages and puts too much pressure on people while good leaders provide guidance. Managers should provide meaningful guidance, patience and advice to their employees. If you are a good leader, you should be a source of new learnings...not fear. You must have the initiative to help your people perform their tasks more efficiently and effectively. Competitive leaders can help maximize productivity and achieve their goals. In this episode, Tim Spiker, the founder of The Aperio and the Who* Not What Principle, shares his leadership tips and how to work it out.

To read the full transcript, visit the Dorks Delivered blog.

163|Planning For Growth With Blair Ann Verrier Sep 15, 2020

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Planning For Growth With Blair Ann Verrier

Turning a small business into something bigger is never easy. Business growth will have a lot to do with budgeting and making sure you understand the cash that's flowing in and flowing out. It sets the path for where you want to go. I think learning to work on the business to grow your business and working in the business is the differentiator between the business owners that own a job and the people that own an investment. How would you manage the cash flow of your business and what would help it? In this episode, Blair Ann Verrier, a Certified Practising Accountant with over 10 years of experience in the accounting industry, shares valuable tips on planning for growth and how to become a business warrior.

To read the full transcript, visit the Dorks Delivered blog.

162|Using Strategic Planning With Kathy Bowman Atkins Sep 08, 2020

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Using Strategic Planning to Recession-Proof Your Business With Kathy Bowman Atkins

Documenting and establishing a direction for your business is called strategic planning. This is a process of identifying where your business is going. Strategic planning will give you a place to record your mission, vision and long-term goals. The most important part of the process is when your action plans are beginning to be effective to reach your desired result, and this can play a vital role in your business' growth because it will tell you how to best respond to the opportunities and challenges that might come your way. Strategic planning can take some time, but it's definitely beneficial for everyone involved in the organisation. The process can foster an increase in efficiency and productivity, contributing to the success of your business. In this episode, Kathy Bowman Atkins shares her ideas about strategic planning.

To read the full transcript, visit the Dorks Delivered blog.

161|Avoiding Financial Blunders With Tracey Bissett Sep 01, 2020

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Avoiding Financial Blunders With Tracey Bissett

Statistics have shown that every resolution set this year will be about health or money. Deciding to have a fresh start with your money will bring excitement and optimism. If you are a business owner who is currently managing a business and considering investing your money into something profitable, it's wise to take a good look at the days ahead and consider planning to achieve your goals. Working on your finances might be stressful, but technology will definitely help you with your financial management, so the best thing to do is to keep your system up to date and your finances in perspective. In this episode, Tracey Bissett shares her strategies to help you avoid financial blunders.

To read the full transcript, visit the Dorks Delivered blog.

160|Buying a Business With Carl Allen Aug 25, 2020

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Buying a Business With Carl Allen

One of the advantages of buying an existing business is it's less risky. You will take over an operation that is already generating profits and that has an established customer base. You don't have to create new procedures, systems, and policies. All you have to do is to plan for its greater improvement. However, in most cases, buying a business is more costly than starting from scratch. But it's easier to get financing support to buy an existing business than to start a new one. The best way to find the business that's right for you is to look for an industry that's not only you're familiar with but also passionate about. In this episode, Carl Allen talks about buying a business, important things you should consider, and more.

To read the full transcript, visit the Dorks Delivered blog.

159|What To Do In a Financial Downturn With Justine Lalla Aug 18, 2020

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What To Do In a Financial Downturn With Justine Lalla

The financial crisis in business can be very challenging to deal with and navigate. Several companies have found themselves suddenly forced out of business due to liquidity problems. For business owners, it doesn't matter how many times they try to prevent this kind of situation—it will pop up periodically due to the changes happening in the market. Businesses are seeing rough spots due to broad market factors, such as excessive debt, overpriced assets, poor financial system and other issues. When you have been building a business or managing one for a while, you have to be prepared and equipped for this kind of situation. You should be aware that the financial crisis occurs in particular industries or even in confined companies due to limiting factors. In this episode, Justine Lalla shares what to do best during a financial downturn.

To read the full transcript, visit the Dorks Delivered blog.

158|Niching Your Business With Bryn Harwood Aug 11, 2020

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Niching Your Business With Bryn Harwood

What is a business niche? This is a focused area of a broader market that all kinds of businesses can serve to differentiate themselves from the competition. As a business owner, you should find a niche in the industry that has underserved needs. A few of the strategies you can consider are: selecting your target audience, defining the unmet needs of a particular industry, researching your customer database and creating a business plan. Whether you've been handling business for a while or you just started managing one, you mustn't be only thinking about creating a steady stream of your revenue, but you also need to be aware of how to establish a loyal audience. A solid market of a particular group of customers who will buy from your business will keep you ahead of the competition. In this episode, Bryn Harwood shares his insights about niching your business.

To read the full transcript, visit the Dorks Delivered blog.

157|Business Asset Protection with Jason Popelier Aug 04, 2020

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Business Asset Protection with Jason Popelier

Operating your own business is very challenging. There's no guarantee that it will succeed. Some identified risks include loss of a regular paycheck, loss of personal money or not having steady cash flow at all. That's why it is essential that as a business owner, you have the right planning techniques on how to protect your business assets. The fundamental of asset protection starts with simply implementing an affordable, tried-and-tested strategy and building simple habits. The aspect of preparing your business for the greater risk is often overlooked by some business owners who are unaware of the underlying risks that can harm their business. You must understand these risks and the science behind how to deal with them. In this episode, Jason Popelier, a Business and Corporate Adviser for SMEs with over 10 years of experience, tells us more about business asset protection.

To read the full transcript, visit the Dorks Delivered blog.

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