Business Owners Freedom Formula With Paul Maskill

It's time to take advantage of your biggest advantage as a small business. That advantage is SPEED! We have the ability to change the course of our business within seconds...if we really want to. Unfortunately, most business owners are crippled by the inability to make a decision. Meanwhile, the franchise down the street has 17 layers of management to go through before getting approval...and then another 6 months of training. By then, it's too late. Embrace your advantage!

As a business owner, we are always looking forward! What's next? What do we still have to do? How quickly do we have to do it? Yet, we never take time to look back see all of the things we've accomplished. In today's episode, I share with you a few things we need to celebrate in my businesses...as well as how I do it every week.

If you don't want to deal with a problem more than once in your business...take the time to put a system in place to prevent it from happening again. Most business owners put the fire out and move on to the next fire before doing anything to prevent the first one from happening again. This will cause you to stay in a never ending hamster wheel without making progress. In today's episode, I share with you a big lesson learned in our landscaping business.

From humble beginnings, Rock Thomas skyrocketed to success, earning awards, shattering records, and becoming one of the top fifty realtors in the world. Searching for more meaning in a life filled with achievements, he traveled the world, studying one-on-one with the world’s best teachers, including masterminds of growth like Tony Robbins, Jack Canfield, Wayne Dyer, and more. Over the years Rock has touched millions of lives and now, he spends his time helping others achieve whole-life wealth & success through event, programs, books, and coaching!

Many times, we as business owners have that BIG MONEY goal that we want to hit. First it's 6 figures. Then it's 7 figures. Then it's 8 figures. But once we hit them, we realize it doesn't really change our life at all. Profit is so important to the success of a business...but it's not the only thing. Start enjoying the journey and focus on building relationships and leveraging your business to make a bigger impact while building a life that you love.

Without a clear vision, the work that you're doing in your business might be worthless. In Layman's terms, your vision is simply where you want to go. Develop a vision of what you want your personal and professional life to look like in 3 years. THEN work backwards to determine what you need to do in the next 12 weeks to get there. Once you know your weekly goals, it makes it very easy to determine what you need to do every day in order to accomplish your goals and reach your vision. We're all running...but some of us are on a hamster wheel while others are running a marathon.

Everything that we do in business and in life either energizes us or it sucks the life out of us. Unfortunately, we usually spend way too much time on tasks that we hate doing and that suck the life out of us. We feel stuck. We don't know how to stop doing them. In today's episode, I challenge you to evaluate EVERY task that you do and determine if it energizes you or sucks the energy out of you. For all of the tasks that suck, put a plan in place to start delegating them.

Jim Jubelirer is a seasoned executive, coach and public speaker. Jim speaks to a wide variety of audiences about leadership and business excellence and motivates people to achieve Breakthrough Results. Jim is an active member of Abundance 360, a 25-year program to apply Exponential Thinking to solve the world’s most pressing problems. Jim’s Massively Transformative Purpose is to create an equitable and sustainable world for everyone.

We as business owners have that determination to figure it all out on our own. We have the ego that we need to prove that we can do it ourselves. Yet, there's never been a successful business that was built by one person. You are the average of the five people you spend the most time with. In today's episode, I share with you why I invest $1000's each year to surround myself with business rockstars.

Customer service is pretty much dead. What's really sad is that this is a problem that most businesses can fix with little to no money and little to no time. Unfortunately, most business owners are "too busy" to worry about it. Their goal is to keep putting out fires and to just survive the day. In today's episode, I share with you why you need to start doing what others aren't doing in order to build a business that provides an exceptional customer experience on auto-pilot.

Many times, we as business owners take for granted what our employees are doing on a daily basis. We assume that since we don't hear from our employees many days then things must be going great. But that's not always the case! Many times your employees are simply too scared to speak up. You need to start asking them THIS question immediately.

Terry Lammers grew up watching his parents run their own company in the fuel & lubricants industry, and eventually came on as a full-time employee in the early 90’s and took over as president of the company. In just 18 years, TriCounty Petroleum had purchased 11 different companies, growing Terry’s family business from $750,000 annual sales to over $40 million when the company was sold in 2010. Today, as co-founder and managing member of Innovative Business Advisors, Terry taps into his financial expertise and hands-on business experience to advise and guide prospective business owners who are interested in buying, as well as current business owners looking to sell their enterprises.

The businesses that I love most are the ones with a lot of competition. Why? Because it's a huge opportunity to show why you're better...as long as you're awesome at what you do! If there is no competition, nobody has anything to compare you to. In today's episode I share with you why you should embrace competition and use it to grow your business.

People ask me all of the time "how do you get all of that done in a day??" They always think I never sleep! When in fact, sleep is the first thing that I set aside time for. In today's episode I share with you how I can get more done in less time for my businesses. It's all about time blocking. When you set up boundaries and assign a task to every hour, you will be more successful. It's all about switching from being reactive with your day to proactive.

This day and age, it's all about the customer experience...or at least it should be in my opinion. There's more competition than ever, people have more options than ever and the service/product that you sell is a commodity. So how do you set yourself apart while not having to compete on price? The customer experience. I share with you a few real business examples of how it can be done...and why it's easier to sell a $70 Teddy Bear than a $15 Teddy Bear.

Pat Rigsby is an author, entrepreneur and business coach who has built over twenty-five businesses in the fitness industry. Two have been multiple time winners on the Entrepreneur Franchise 500 with another being a multiple time honoree on the Inc. 5000 list of fastest growing businesses in the U.S. Pat now coaches entrepreneurs who want to build their own Ideal Business.

We as business owners often wait WAY too long to take action on something new. We are waiting for it to get better, for it to improve for it to be PERFECT. Yet on the other hand, I see way too many businesses hit GO way too soon with a new initiative. And it totally flops...you only have ONE chance to make a first impression. So, how do you find that fine line when making a decision on changing something or adding something new? I share with you 3 steps to take to make your life easier.

Now, don't get me wrong...I'm not saying treat your customers like a commodity. Your customers are so important and that's actually one of my favorite things to focus on is creating the ultimate customer experience. However, in order to do that, you a need a team of rock stars who are 100% committed to serving your customers. All too often business owners treat their employees as if they are doing them a favor for employing them. When in reality, without employees, we don't have a business! In today's episode, I share with you a few ways to treat your employees better than anyone so they show up happy, excited to be a part of your business and ready to rock.

As they say, you only get one chance to make a first impression. This is just as true when it comes to onboarding a new employee for your business. Yet, it's often overlooked by business owners. We feel like we are doing our new hires a favor by just giving them a job. When in fact, they are doing us a BIG favor so we need to show our appreciation as we build the best culture. In today's episode, I share with you a quick, recommended onboarding process.

For over 25 years, Steven Griffith has been a trusted advisor and coach to successful CEO’s, entrepreneurs, executives, professional and Olympic athletes, entertainment Professionals, and organizations helping them perform at their highest levels.   In his upcoming book The Time Cleanse, Steven will show you how to get back up to 20 hours or more of free time (and do whatever you want with it!). It’s Your Time!