My Business On Purpose podcast

#Business #Scott Beebe #MBA #Business On Purpose

36:27

Not many artists actually hail from Tennessee, but the scenic valleys and rolling hills of The Volunteer State are part of Dustin Lynch’s DNA. In this episode of On the Bus, Country Thunder CEO Troy Vollhoffer sits down with Dustin to discuss his journey from playing fraternity parties and weddings across the southeast to being the first country artist with a club residency at the Wynn in Las Vegas. Plus, stick around for our new segment, Thunder Strike, where Troy features upcoming festival performer Riley Green’s hit song “Damn Good Day to Leave” to give you a taste of what’s to come at Country Thunder in 2025.…

My Business On Purpose

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We coach small business owners to uncover the things they cannot see, and implement systems and processes that help them live their business on purpose

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My Business On Purpose

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We coach small business owners to uncover the things they cannot see, and implement systems and processes that help them live their business on purpose

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#Business #Scott Beebe #MBA #Business On Purpose

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My Business On Purpose

1
The Dickie & Donny Show: What’s Holding Your Team Back? Discover the Big 5 Feedback Loop! 24:09

πριν 1 day24:09

24:09

Feeling the pressure build in your business? In this episode, BOP Business Coaches Shawn "Dickie" Stinson and Brandon "Donny" Gray dive into the Big 5 Feedback Loop—a simple rhythm of communication that keeps your team engaged, aligned, and growing together. ✅ Real-time performance check-ins ✅ Consistent accountability ✅ Space for honest feedback ✅ Clarity around expectations ✅ Connection that prevents blowups Watch now and discover how feedback done right can defuse tension, build trust, and move your business forward! Are you working IN your business or ON your business? Do you have all of the foundational elements that will liberate you from the business chaos? Take the assessment to find out which areas you can grow and improve on. Take our Healthy Owner Business Assessment HERE➡️ http://bit.ly/healthybusiness1 SIGN UP for our Newsletter HERE ➡️ https://www.boproadmap.com/newsletter For blogs and updates, visit our site HERE ➡️ https://www.mybusinessonpurpose.com/blog/ LISTEN to the Business On Purpose Podcast HERE ➡️ https://podcasts.apple.com/us/podcast/my-business-on-purpose/id969222210 SUBSCRIBE to our YouTube channel HERE ➡️ https://www.youtube.com/channel/UCbPR8lTHY0ay4c0iqncOztg?sub_confirmation=1…

My Business On Purpose

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Contractors Should Use This Simple Spreadsheet To See If They Are "Making" Money 6:09

πριν 5 μέρες6:09

6:09

Hey, we say all the time that for contractors, the tools of your trade are not hammers, nails, levels, all of that. The tools of your trade—especially in project management—are calculators, calendars, subdivided bank accounts, and spreadsheets. And so I wanted to dive into that today. There are a lot of contractors trying to figure out job to job. They can look at the end of the year at their P&L, and as long as they see a number on the bottom line, they go, "Well, I must be making money." Then they look at their bank account and say, "Well, there's money in there, so I must be making money." But the reality is, money's always in motion, right? So we don't really know if we're making money unless we do something in the contractor space called job costing. And you can do this fundamentally anywhere. If you're a retail outlet, you can do inventory costs and actually look at the margins made on products. Because what you don't want to do in business—you're going to have cash flow. There’s going to be either a trickle or a landslide. Cash flow comes in, goes out, it’s in multiple places, and it comes in different cycles or wavelengths. Some businesses, like ours, are a little more steady because we use a recurring model to engage with customers. But for others, it could be very seasonal, with huge spikes. I used to work at the Charlotte Motor Speedway, where 80 to 90% of their money was made fundamentally over two weekends. Yeah, they had some trickling money in and out, but they had to fulfill that on just two weekends. So the question becomes: Are we making money? I know we're getting money, but are we actually getting margin for that money? Starting projects on the right foot is essential for success in business. When you work with clients, there are several layers between the dashboard and the project start sheet that require attention. The project start sheet? Just imagine a spreadsheet. That’s it. It's gauging labor and material—two fundamental aspects that determine whether you're making money: job cost and schedule management. If you're delayed on the schedule, every day of delay is a day that costs you instead of earning you income. So we tell contractors that your tools are not hammers and ladders—they're calculators, spreadsheets, and calendars. Job costing, which involves tracking materials, labor, and overhead for each job, is incredibly important. It may not be difficult, but it is very tedious. The good news is, the significance of job costing cannot be overstated. By meticulously tracking your expenses, you gain a clear picture of a project’s financial health and can make informed decisions throughout its life cycle. You know when to bill, when not to bill. And the project schedule is another crucial element that many contractors underestimate. So you’ve got job costing on one side and that simple little spreadsheet, and also that simple calendar. Some might think delays don’t affect the bottom line because “we’ll eventually get paid,” right? But that perspective overlooks a significant factor: your overhead costs do not take a break. You’ve got payroll every month. Rent. Fuel. These expenses keep coming, regardless of your project progress. So even if you're getting paid later, your overhead costs remain the same. If you don’t complete a project within the budgeted timeframe, you risk eroding your profit margin. In fact, delays of just a few weeks or months can wipe out all your projected profits, essentially leaving you working for free. This is why it’s vital to pay close attention to your schedule and manage it effectively. One way to stay laser-focused is by starting the project correctly. A simple yet powerful tool is what we call the project start sheet. Name it whatever you want, but the concept is the same. It helps you organize and plan your project from the beginning, setting you up for long-term success. Most of the tools we build—including the project start sheet—are spreadsheet-based. We’ve found these straightforward tools work well without needing sophisticated software. Simple, effective tools can help you stay on top of your project timeline and expenses, ensuring you complete jobs on schedule and maintain profitability. We always say: before you go buy the expensive software—which is usually really good—prove to yourself (and to us as coaches) that you can work a spreadsheet. By implementing basic practices like diligent job costing and managing your schedule, you can significantly improve your project outcomes. The key is to start right and stay vigilant throughout the project’s duration. Have that job start sheet. Look at your calendar. Make sure your schedule values are laid out. All of this helps avoid costly delays and keeps your business thriving in a competitive landscape. So remember: job costing is a super easy spreadsheet. Track materials, labor, and the overhead you apply to each job. How much of your rent is applied to that job? X percent, for example. Do that, and you’ll gain clarity. Again, it’s tedious—but it’s not hard. And I want to encourage you to do it. You’ll find the layout of the job costing project start sheet in my brand new book, The Chaos Free Contractor. I wrote it specifically under 120 pages so you can get through it quickly and include your team. You can even get a copy for each team member so you can read it together and start discussing job costing, subdividing bank accounts, scheduling, and more—all in a safe space. Go to Amazon and pick up a copy of The Chaos Free Contractor. While you’re at it, head to mybusinessonpurpose.com/healthy . Take the five-minute assessment. Your team can take it too, and you’ll get a numerical understanding of the health of the back end of your business. Take our Healthy Owner Business Assessment HERE ➡️ https://www.boproadmap.com/healthy SIGN UP for our Newsletter HERE ➡️ https://www.boproadmap.com/newsletter For blogs and updates, visit our site HERE ➡️ https://www.mybusinessonpurpose.com/blog/ LISTEN to the Business On Purpose Podcast HERE ➡️ https://podcasts.apple.com/us/podcast/my-business-on-purpose/id969222210 SUBSCRIBE to our YouTube channel HERE ➡️ https://www.youtube.com/channel/UCbPR8lTHY0ay4c0iqncOztg?sub_confirmation=1…

My Business On Purpose

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The Dickie & Donny Show: The Secret to Team Meetings That Actually Work 16:14

πριν 8 μέρες16:14

16:14

Tired of team meetings that feel like a waste of time? It’s time to take them from boring to breakthrough. Join BOP Business Coaches Shawn Stinson and Brandon Gray as they discuss team meetings on "The Dickie & Donny Show." In this episode, we break down the 5 key elements of effective team meetings that keep your team aligned, focused, and productive. Learn how to turn meetings from time-wasters into powerful tools for communication and growth! ✅ Personal touchpoints ✅ Vision & mission realignment ✅ Action item accountability ✅ Clear priorities for the week ✅ Quick, impactful training Listen now and transform the way your team meets! Are you working IN your business or ON your business? Do you have all of the foundational elements that will liberate you from the business chaos? Take the assessment to find out which areas you can grow and improve on. Take our Healthy Owner Business Assessment HERE➡️ http://bit.ly/healthybusiness1 SIGN UP for our Newsletter HERE ➡️ https://www.boproadmap.com/newsletter For blogs and updates, visit our site HERE ➡️ https://www.mybusinessonpurpose.com/blog/ LISTEN to the Business On Purpose Podcast HERE ➡️ https://podcasts.apple.com/us/podcast/my-business-on-purpose/id969222210 SUBSCRIBE to our YouTube channel HERE ➡️ https://www.youtube.com/channel/UCbPR8lTHY0ay4c0iqncOztg?sub_confirmation=1…

My Business On Purpose

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How To manage your cash so it flows predictability and freely 8:41

πριν 12 μέρες8:41

8:41

When you're a business owner, you struggle so much with cash flow. It seems when we have these conversations with so many different business owners, one of the biggest questions we get all the time has to do with various elements of cash flow. These questions come to us at different times and in different ways. Hey, it's Scott Beebe with Business on Purpose. Delighted to bring you some content that I think could be encouraging and helpful to you around this idea of cash flow. Before I dive into this, one thing I want to let you know is if you're not living a life of generosity—and I'm talking about monetary generosity, not just other types—you will always, always struggle with money. There's a sort of spiritual law around this. You can go back millennia and realize that money is one of the top topics discussed in all of history. A lot of it has to do with the fact that we're not taking parts of it, cutting them off, and moving them to other places. We've got to be mindful of this idea of generosity. But we also have to ask the question: Why do we not have as much money as we think we should as business owners? I want to walk you through this. To demonstrate the importance of understanding the full fiscal picture, I want to discuss an example about a man I'll call Steve. This is a real client of ours, but I've changed his name. Steve owns an $8 million high-end new construction home-building business in California—a tough state for building due to strict credentialing regulations. This context sets the stage for the financial challenges he was going to face as 2020 began. You might think, "Well, that’s a pretty old example." Yes, but I’m using it because the pandemic made things even harder. Even though many construction companies started booming, cash flow issues persisted. Steve, like all of us, was unaware of the impending pandemic, but his financial situation was already precarious. At the end of 2019, we examined his cash position and suggested subdividing his bank accounts to better track and manage his finances. Steve trusted the advice, and we set up several accounts—about six or seven—including an all-income account, a profit account, an operating expense account, an owner’s compensation account, a capital expenditure account, a tax account, and a few others. Initially, Steve believed he had a comfortable cash balance. He looked at his one bank account and saw $160,000 to $170,000. That might seem substantial to some, but for running an $8 million home-building company—where upfront cash is needed for projects—it was quite lean. As we broke down the balance, his true financial picture started to emerge. We explained that a large portion—about 80%—would go to the cost of goods, including labor and materials. The realization was eye-opening for Steve. He knew the number but had never thought about it in these terms: for every dollar that comes in, 80 cents goes right back out. We also pointed out the need to set aside funds for taxes, reinvestment, equipment, operations, payroll, and other necessary expenses. After segmenting the $160,000 to $170,000, the stark reality became clear—Steve really only had about $32,000 of available cash to run his $8 million company at the start of a pandemic year. The revelation was shocking but crucial for understanding his position. His scenario illustrates a common issue among small business owners, especially those with 3 to 100 employees. Many believe they have more available cash than they do because they fail to account for upcoming expenses and obligations. By breaking down the numbers and allocating funds to specific accounts, business owners can gain a clearer picture of their financial health and make more informed decisions. For Steve, this realization came just in time. With the pandemic looming, having a precise understanding of his available cash allowed him to navigate the challenging months ahead. This experience underscores the importance of proper financial management—what we call the past, present, and future view. I’ll talk more about that in an upcoming podcast, but for now, let’s focus on subdividing multiple bank accounts. Instead of putting all your money into one account, break it up. Why? If you put popcorn in one big bucket, you’ll eat all of it. But if you spread that same volume of popcorn across 10 buckets, you’ll feel guilty by bucket six and slow down. Once we identified the problems, we focused on improving Steve’s cash balance. The key question became: How do we generate money that can be used for profit, bonuses, incentives, and essential business activities while maintaining generosity? We wanted to position him for radical generosity. To simplify the process, we focused on tracking his cash balance weekly. We enlisted his in-house administrator to monitor the bottom-line cash balance, considering all expenses, including the cost of goods and profit. We calculated an eight-week rolling average to prevent cherry-picking favorable numbers. Initially, Steve’s weekly rolling average was $81,000. Fast forward a year—despite the pandemic, a drop in revenue from $8 million to $7 million, and a six-week municipal construction shutdown—his rolling eight-week cash balance grew from $81,000 to $320,000. Four to five years later, the business is now projected to generate $17-18 million in revenue. Not only has revenue increased, but the cash balance has grown substantially. Today, his average rolling cash balance is between $800,000 and $1.3 million every week—before accounting for costs and expenses. The transformation has been extraordinary. When asked what he did differently, Steve humorously says, "I think it’s voodoo." But it’s not—it’s simply the psychology of money. Subdividing your bank accounts and understanding financial behavior can lead to profound results. His case illustrates the power of consistent tracking and focusing on cash balance. By maintaining a vigilant eye on finances, making informed decisions based on real-time data, and having a heart for generosity, businesses can withstand unexpected chaos and achieve remarkable growth that benefits many beyond just the owner. This story is in my new book, The Chaos Free Contractor , available on Amazon. Also, if you want to check the financial health of your business, visit mybusinessonpurpose.com/healthy and take a five-minute assessment to see how the behavior of money is affecting your business. Take our Healthy Owner Business Assessment HERE ➡️ https://www.boproadmap.com/healthy SIGN UP for our Newsletter HERE ➡️ https://www.boproadmap.com/newsletter For blogs and updates, visit our site HERE ➡️ https://www.mybusinessonpurpose.com/blog/ LISTEN to the Business On Purpose Podcast HERE ➡️ https://podcasts.apple.com/us/podcast/my-business-on-purpose/id969222210 SUBSCRIBE to our YouTube channel HERE ➡️ https://www.youtube.com/channel/UCbPR8lTHY0ay4c0iqncOztg?sub_confirmation=1…

My Business On Purpose

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Take Control of Your Cash: A Simple Strategy for Contractor Financial Health 4:05

πριν 19 μέρες4:05

4:05

We typically work with business owners between three and 100 employees. That’s usually the range where those businesses don’t yet have a full-time, full-scale CFO (Chief Financial Officer). They may have a controller or other roles, but it’s one of those areas where owners are left wondering, “How do we track our money if we don’t have someone dedicated to it?” Hey, it’s Scott Beebe with Business On Purpose. Thanks for joining us. As always, I wanted to give you something very simple that can help. We call it the ABCs of tracking your money. If you don’t happen to have a full-scale CFO in your business, this is especially for you. By the way, at the time of this recording, I’m about to launch my second book called The Chaos Free Contractor . Be on the lookout for it on Amazon! And no, you don’t have to be a contractor to read it. The little-known secret is everything we write applies to any business owner with three to 100 employees. So let’s dive into this idea of tracking your money with the ABCs. The Level 2 dashboard that we use all the time utilizes the ABCs, so you can actually use your dashboard for this. The ABCs are used to track your finances and better understand your financial health. Let’s break it down into some manageable components that you can easily implement. Starting with the A — it represents Accounts. That’s what the A stands for. If you have multiple accounts, which we hope you do, it’s essential to track those multiple bank account balances. When I say multiple, I mean five, six, seven accounts minimum, and you should track those weekly throughout the year. This practice allows you to observe the flow of cash rather than relying solely on traditional cash flow statements, which are static and hard to track. Doing this with the accounts will help you gain a clear picture of where your money’s going and how to utilize it across your various accounts. So that’s the A. The B stands for Bookkeeping, another crucial aspect of financial tracking. Each week, review your aging and receivables report to understand what’s owed to your business. Simultaneously, examine your outstanding payables, particularly those due in the next 30 days. This dual perspective of what’s owed to you and what you owe provides a snapshot of your current cash position. And again, for owners, cash is reality—it’s where you live. So, those are the A’s (Accounts) and B’s (Bookkeeping). What does the C stand for? Either Client or Customer. Without clients, there’s no need for accounts or bookkeeping, right? Each week, you’ll simply track any client metric that’s relevant to your marketing process, both as prospects and as paying clients. When you start to combine those elements—your account balances, your receivables, your payables, and your clients or customers—you create a comprehensive view of your financial status. What this allows you to do is see your past transactions, your present situation, and your future obligations all at once. By implementing these ABCs of tracking, you’re creating boundaries for your financial river. Remember, we’re not trying to stop the flow, but instead, we’re trying to redirect it in ways that benefit your business. That’s going to give you a more comprehensive and actionable view of your finances, allowing you to make informed decisions and maintain better control over your future. I know some of this might spark questions for you. Go to mybusinessonpurpose.com/ask and there you’ll find a calendar to book time with one of our professional coaches. If you’re a business owner with a team of three to 100 employees and you’re generating $1 million or more in revenue (if you’re a contractor) or $500,000 or more (if you’re a service provider), we’d love to invite you to hop on a 20-30 minute call with one of our coaches. You can ask us anything—no strings attached. And if you want to know how we can work with you as a client, just ask and we’ll tell you. Visit mybusinessonpurpose.com/ask. Ready to get clarity? Visit mybusinessonpurpose.com/ask to connect with a coach today! Take our Healthy Owner Business Assessment HERE ➡️ https://www.boproadmap.com/healthy SIGN UP for our Newsletter HERE ➡️ https://www.boproadmap.com/newsletter For blogs and updates, visit our site HERE ➡️ https://www.mybusinessonpurpose.com/blog/ LISTEN to the Business On Purpose Podcast HERE ➡️ https://podcasts.apple.com/us/podcast/my-business-on-purpose/id969222210 SUBSCRIBE to our YouTube channel HERE ➡️ https://www.youtube.com/channel/UCbPR8lTHY0ay4c0iqncOztg?sub_confirmation=1…

My Business On Purpose

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What Are The Hidden Financial Drains Affecting Your Business? 6:05

πριν 6 weeks6:05

6:05

In our time with business owners, a lot of the headache has less to do with finding the products and services. The innovation usually comes pretty easy for entrepreneurs. But the reality of finding and filling these financial drains in the business is what really can cause the challenge. Hey, it's Scott Beebe with Business On Purpose, and a heads-up—I’ve got a brand-new book coming out. It's going to be hitting Amazon here in the next few weeks at the time of this recording. And it's specific to contractors. While we work with many different industries of business owners, just over 80% of our clientele are in the contractor space or they support the contractor space. So I've got a brand-new book called The Chaos-Free Contractor that you’ll want to be on the lookout for. One of the things I talk about is this idea of finding and filling financial drains in the business. See, money management for contractors involves understanding three key perspectives: the past, the present, and the future. I wanted to explore each of these to help you better manage your finances regardless of your industry. The past perspective of money is like looking at a snapshot frozen in time. It's represented by balance sheets and profit and loss statements (P&Ls). While these documents provide valuable information, they are static and don’t offer much flexibility in decision-making. Of course, the IRS is particularly interested in these historical records as they form the basis for tax calculations. Your present financial situation is reflected in your actual cash accounts. We like to say we live in the real world of cash. This is where the concept of subdivided bank accounts comes into play. By separating your money into different homes or categories, you gain a much clearer picture of where each dollar should go. The tactic is similar to the one outlined in Mike Michalowicz's book Profit First. It allows you to allocate funds for specific purposes. When you divide your money into separate entities or accounts, you're actually giving each dollar a job and a home. This method provides a practical way to manage your finances and ensures that you're always aware of how much money is available for different aspects of your business, whether it be generosity, reinvestment, capital expense, or operating expense. While accountants and the IRS focus on past financial data, you, the business owner, need to operate primarily in the present, dealing with cash on hand. Although accrual accounting has its merits, most contractors and business owners benefit from making decisions based on the cash that's actually available—not only today but also what they can assume will be available in the next week or month, not just what the financial statements indicate from the past. To stay on top of your finances, it’s good practice to review your bank accounts every single week. This regular check-in allows you to make real-time decisions based on your current situation. By focusing on cash flow and using subdivided bank accounts, you can better manage your money and make informed decisions about the overall operation of your business. The final piece of the puzzle—after looking at the past and present—is the future. This is where a simple tool called budgeting comes in. Start by reviewing the chart of accounts on your P&L statement, which lists the categories where you allocate expenses. Analyze your spending patterns over the last two, three, or four years and use that information to project upcoming expenses for the next year. While it doesn’t need to be an exact science, making your best estimate will help guide your decisions moving forward. As you monitor your spending, compare it against your budget—your plan for what you intend to spend. Pairing a simple budget with a basic project start sheet (or job start sheet) can provide unparalleled clarity for your business, regardless of size. This project start sheet or customer start sheet is simply a list of projects set alongside future months. If you're in a project-based business, you can begin plugging in anticipated billings based on your schedule of values for each project. If you’re a product-based business, you can start projecting sales volume over the next week, month, or quarter. This practice, combined with your overall cash management strategy, can significantly improve your financial control. Perfection in financials is an unrealistic goal, but money is always in motion. Much like a river that never stops flowing, your job is not to halt the flow but instead to channel it. Effective money management—whether you're a contractor, a product-based business owner, or even running an ice cream shop—is about balancing the different perspectives of past, present, and future. While past financial data is necessary for tax purposes and long-term planning, your day-to-day decisions should be guided by your present cash situation. By doing so, you’ll be better equipped to handle the monetary aspects of your business and make decisions that support your success. If you need help with this, go to mybusinessonpurpose.com/ask. You can hop on a 15- to 20-minute call with one of our professional coaches, and they can walk you through these concepts in more detail. One thing we do ask: Make sure that you're the primary owner, have three or more employees (between 3 and 100 employees), and are generating $1 million or more in revenue if you’re a contractor, or $500,000 or more if you’re a service-based business. If that sounds like you, visit mybusinessonpurpose.com/ask—we’d love to answer your questions! SIGN UP for our Newsletter HERE ➡️ https://www.boproadmap.com/newsletter For blogs and updates, visit our site HERE ➡️ https://www.mybusinessonpurpose.com/blog/ LISTEN to the Business On Purpose Podcast HERE ➡️ https://podcasts.apple.com/us/podcast/my-business-on-purpose/id969222210 SUBSCRIBE to our YouTube channel HERE ➡️ https://www.youtube.com/channel/UCbPR8lTHY0ay4c0iqncOztg?sub_confirmation=1…

My Business On Purpose

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2 Ways To Combat Loneliness As A Business Owner 5:54

πριν 8 weeks5:54

5:54

Recently we spent two nights in the Sahara desert. The desert is so mystical and vast that you feel ill-equipped to tie your mind around its endless borders and landscapes. So much of the desert fascinates. Of course, we saw camels, real mirages, and sand. What bent our minds were the thousands of other living things we saw in the desert – trees, grass, flowers, rare rocks, water, and people. We walked and watched an entire desert ecosystem quietly and subtly teeming; emerging then disappearing. Much of my faith background was informed and built around the experiences of people within desert settings whose metaphors have peppered my training and instruction. What I actually saw with my eyes was something different. Owning a business is lonely. You cannot (or probably should not) share everything, explain everything, or anticipate everything. Decisions are made of which may never feel reasonable. A typical day may be spent with an owner's mind racing inefficiently from cash flow to employees, insurance to payroll, or receivables to project scheduling. The end of the day is a scramble to find a short window of numbness to escape before the mind machine churns along. And then there is life to think about. It is important to understand that there are varieties of loneliness and not all are poisonous. German-American philosopher Paul Tillich helps us understand the subtly between the loneliness of isolation in contrast to the loneliness of solitude saying, “(Isolation) expresses the pain of being alone, and solitude expresses the glory of being alone" The first thing a lonely owner must identify is what desert of loneliness they find themselves in. As we walked through the desert and rode camels through the desert there was an ironic peace, almost a draw to stay. There was a sense where I had just a shard of understanding as to how entire civilizations could both live and embrace life in the desert – it was quiet, calm, with limited distractions, and vast views for the mind to have space to think long and exponential thoughts. There was space that was not available in my office, or around our conference table. The loneliness we feel may be the very loneliness that is needed through the healing salve of healthy solitude. Sherry Turkle says, “(Solitude) is the time you become familiar and comfortable with yourself...Without solitude, we cannot construct a stable sense of self.” (Turkle pg.. 61) The human spirit NEEDS healthy alone time. Time to unravel the crust and calcified lies we tell ourselves in the hurried distraction of a noisy day. Pablo Picasso said, “Without great solitude, no serious work is possible”. Action and reaction may very well be the enemy of healthy solitude and will stunt the joy of healthy solitude. Isolation is the painful dark side of loneliness and can be manifested by a deep, enduring feeling of hopelessness. Community will usually be needed for isolation but ill-equipped to receive if honesty and vulnerability are not included. Community requires vulnerability over transparency and they are different. Lewis Wright articulates, “Transparency is an openness for observation, but not connection. You let folks know how you’re doing, but keep them at arm's length so they can’t affect you. Alternatively, vulnerability not only allows for observation, but intentionally opens up for connection (community).” The second way to combat loneliness is through connection and vulnerability with a person you trust and think wise. Darren Hardy said, “Never ask for advice of someone with whom you wouldn’t want to trade places.” The solution to isolation is not more isolation. Embrace solitude in order to bring out your best thoughts, ideas, and insights. Hedge from isolation as an owner by connecting with a community of other owners. Business On Purpose will help by providing you a wise guide, a proven trail map, and a group of like-minded owners all running in the same direction. You can ask-us-anything about your business or how we can help liberate you from chaos by going to mybusinessonpurpose.com/contact and we will follow up. Take the Healthy Owner Business Assessment HERE➡️ mybusinessonpurpose.com/healthy SIGN UP for our Newsletter HERE ➡️ https://www.boproadmap.com/newsletter For blogs and updates, visit our site HERE ➡️ https://www.mybusinessonpurpose.com/blog/ LISTEN to the Business On Purpose Podcast HERE ➡️ https://podcasts.apple.com/us/podcast/my-business-on-purpose/id969222210 SUBSCRIBE to our YouTube channel HERE ➡️ https://www.youtube.com/channel/UCbPR8lTHY0ay4c0iqncOztg?sub_confirmation=1…

My Business On Purpose

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How To Stop Doing It All Yourself 7:15

πριν 8 weeks7:15

7:15

I just returned from being out of the country for 9 days and I was inaccessible to our business team. No email, no cell phone, no text, no Slack. My wife had her cell phone on and we called some of our friends just to share what we were seeing, but I handled no day-to-day business while I was away. It’s the third time I’ve done that in two years. Each time, the Business On Purpose team continues on with their week towards the mission of liberating owners from chaos. It’s still a mental mind-game to not constantly think, “I wonder if everything is ok!” There is a different question that I am learning to ask myself, “Do we have the principles and systems in place for the team to work in my absence (or presence)?” Here are some key elements that owners need to have in place if they are going to stop “doing it all themselves”. Written Purpose (in three forms): where there is no written vision people will grow either curious, concerned, or confused. Where vision exists, clarity exists, and clarity is what any generation of worker wants above all else. Each business needs a written vision story that is reviewed six times annually to refresh. Add to that a less-than-ten-word mission statement reminding us of the aim of our effort (you see ours above). Finally, your team needs three to five meaningful, unique core values that guide all decision making in whether you are present or absent. How do they answer a particular question if you are gone? What boundaries would you use in answering that question if you were here? Written Culture Guidelines: culture is a biology term that is nothing more than a collection of all the ingredients you proactively plant or haphazardly allow to be planted. The good news is the choice is yours; effort will be required. The Anchor is a tool we roll out to our BOP clients that allows them to track a collection of all the intentional ingredients they wish to install in their business such as repetitive, predictable, and meaningful meetings, check-ins, training modules, anniversary celebrations, vision reviews, annual team days, among others. Our team does not need me here to remind them of these things. When I am gone really not much changes. Meetings continue because I don’t lead them. Coaching happens because our coaches are better than I am because Thomas trains initially and weekly. Billing happens because we have a role and a process for that. All the dates, times, and processes are mapped out on the Anchor and the Master Process Roadmap so everyone knows what to do and when to do it. Master Process Roadmap: is one place where every process is mapped and documented so the entire business can be operated by anyone who has access to the process (with time and training of course). While there are still a few things that are within my scope, we have plans to equip others for those as well. The goal is not for me to skip out on work…I really enjoy working. The goal is me to focus my irrevocable time on the best value I can deliver to the mission of liberating owners from chaos to make time for what matters most. For me that is four things – a) conceptualizing thoughts and ideas, b) building tools and equipping our team and clients, c) writing and publishing those thoughts, ideas, and tools, and then d) broadcasting those thoughts on live stages, podcasts, video, and masterclasses. What are the three or four things that you should be focusing your irrevocable time on? When you lock in it becomes a gift to your team (they are able to have freedom in leaning into their work), and a gift to yourself because you are leaning into your work with the satisfaction that others are drawing value from you while they give value to others themselves. The enemy to all of this is to ignore reality and continue to live in the myth that I must do it all myself. We help owners bust the lie of doing it all themselves and being liberated from chaos to make time for what matters. Go to mybusinessonpurpose.com/healthy to see where you stack up with your systems and you can connect with us there if you would like. SIGN UP for our Newsletter HERE ➡️ https://www.boproadmap.com/newsletter For blogs and updates, visit our site HERE ➡️ https://www.mybusinessonpurpose.com/b... LISTEN to the Business On Purpose Podcast HERE ➡️ https://podcasts.apple.com/us/podcast... SUBSCRIBE to our YouTube channel HERE ➡️ / @mybusinessonpurpose6352…

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Tuesday Tools On Purpose: Trainual 12:38

πριν 21 weeks12:38

12:38

In this episode of Tuesday's Tools on Purpose, we dive into "Trainual" with Maria Walls from Beaufort County Treasurer Office. Maria shares how this powerful platform helps streamline procedures, enhance onboarding, and even save time with AI-powered quizzes and video integrations. Contact information: Patrice Miles Business Coach, Business On Purpose patrice@mybusinessonpurpose.com Discovery Call: https://bit.ly/patricediscovery Are you working IN your business or ON your business? Do you have all of the foundational elements that will liberate you from the business chaos? Take the assessment to find out which areas you can grow and improve on. Take our Healthy Owner Business Assessment HERE➡️ http://bit.ly/healthybusiness1 SIGN UP for our Newsletter HERE ➡️ https://www.boproadmap.com/newsletter For blogs and updates, visit our site HERE ➡️ https://www.mybusinessonpurpose.com/blog/ LISTEN to the Business On Purpose Podcast HERE ➡️ https://podcasts.apple.com/us/podcast/my-business-on-purpose/id969222210 SUBSCRIBE to our YouTube channel HERE ➡️ https://www.youtube.com/channel/UCbPR8lTHY0ay4c0iqncOztg?sub_confirmation=1…

My Business On Purpose

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Tuesday Tools On Purpose: Building Efficiency: How the Right Software Can Revolutionize Your Business 29:53

πριν 22 weeks29:53

29:53

In this episode of Tuesday's Tools on Purpose, we're diving into the transformative power of Buildertrend with Adam Copenhaven from Cope Grand Homes. Originally geared toward builders, we quickly realized the insights apply to any business still relying on yellow notepads and spreadsheets. Adam shares how Buildertrend enhances both his internal team’s workflow and the client experience, offering practical advice on training, team buy-in, and maximizing software to drive efficiency and growth. Discover how shifting from manual methods to a robust software can truly change the game for your business! Contact information: Patrice Miles Business Coach, Business On Purpose patrice@mybusinessonpurpose.com Discovery Call: https://bit.ly/patricediscovery Adam Copenhaven Cope Grand Homes https://www.copegrandhomes.com/ https://www.instagram.com/copegrand_homes/ https://www.facebook.com/CopeGrand/ Are you working IN your business or ON your business? Do you have all of the foundational elements that will liberate you from the business chaos? Take the assessment to find out which areas you can grow and improve on. Take our Healthy Owner Business Assessment HERE➡️ http://bit.ly/healthybusiness1 SIGN UP for our Newsletter HERE ➡️ https://www.boproadmap.com/newsletter For blogs and updates, visit our site HERE ➡️ https://www.mybusinessonpurpose.com/blog/ LISTEN to the Business On Purpose Podcast HERE ➡️ https://podcasts.apple.com/us/podcast/my-business-on-purpose/id969222210 SUBSCRIBE to our YouTube channel HERE ➡️ https://www.youtube.com/channel/UCbPR8lTHY0ay4c0iqncOztg?sub_confirmation=1…

My Business On Purpose

1
Tuesday Tools On Purpose: Snappy Gifts 8:46

πριν 23 weeks8:46

8:46

Join BOP Business Coach Patrice Miles and Heather Hawkins from Van Brunt and Company, as they discuss "Snappy Gifts" on the latest Tuesday Tools On Purpose podcast! Learn how to make a lasting impression with personalized gifts that people actually want! Contact information: Patrice Miles Business Coach, Business On Purpose patrice@mybusinessonpurpose.com Discovery Call: https://bit.ly/patricediscovery Heather Hawkins Van Brunt and Company Are you working IN your business or ON your business? Do you have all of the foundational elements that will liberate you from the business chaos? Take the assessment to find out which areas you can grow and improve on. Take our Healthy Owner Business Assessment HERE➡️ http://bit.ly/healthybusiness1 SIGN UP for our Newsletter HERE ➡️ https://www.boproadmap.com/newsletter For blogs and updates, visit our site HERE ➡️ https://www.mybusinessonpurpose.com/blog/ LISTEN to the Business On Purpose Podcast HERE ➡️ https://podcasts.apple.com/us/podcast/my-business-on-purpose/id969222210 SUBSCRIBE to our YouTube channel HERE ➡️ https://www.youtube.com/channel/UCbPR8lTHY0ay4c0iqncOztg?sub_confirmation=1…

My Business On Purpose

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Tuesday Tools On Purpose: Ownership Preservation Series: Part 6: Liens 8:38

πριν 24 weeks8:38

8:38

Tuesday Tools On Purpose: Ownership Preservation Series: Legal Strategies for Safeguarding Your Business Part 6: Liens Join BOP Business Coach Patrice Miles and Samy Diab from Diab Law Firm, PLLC, as they discuss "Ownership Preservation Series: Legal Strategies for Safeguarding Your Business - Part 6: Liens" on the latest Tuesday Tools On Purpose podcast! Learn how to protect your business assets with effective lien strategies! Contact information: Patrice Miles Business Coach, Business On Purpose patrice@mybusinessonpurpose.com Discovery Call: https://bit.ly/patricediscovery Samy Diab Diab Law Firm, PLLC Direct Line: 713 588- 1657 Main Line: (281) 560- 4913 samy@diablawfirm.com https://diablawfirm.com/ Are you working IN your business or ON your business? Do you have all of the foundational elements that will liberate you from the business chaos? Take the assessment to find out which areas you can grow and improve on. Take our Healthy Owner Business Assessment HERE➡️ http://bit.ly/healthybusiness1 SIGN UP for our Newsletter HERE ➡️ https://www.boproadmap.com/newsletter For blogs and updates, visit our site HERE ➡️ https://www.mybusinessonpurpose.com/blog/ LISTEN to the Business On Purpose Podcast HERE ➡️ https://podcasts.apple.com/us/podcast/my-business-on-purpose/id969222210 SUBSCRIBE to our YouTube channel HERE ➡️ https://www.youtube.com/channel/UCbPR8lTHY0ay4c0iqncOztg?sub_confirmation=1…

My Business On Purpose

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Tuesday Tools On Purpose: Ownership Preservation Series Part 5: Service and Customer Contracts 10:58

πριν 25 weeks10:58

10:58

Tuesday Tools On Purpose: Ownership Preservation Series: Legal Strategies for Safeguarding Your Business Part 5: Service and Customer Contracts Join BOP Business Coach Patrice Miles and Samy Diab from Diab Law Firm, PLLC, as they discuss "Ownership Preservation Series: Legal Strategies for Safeguarding Your Business - Part 5: Service and Customer Contracts" on the latest Tuesday Tools On Purpose podcast! Learn how to protect your business with solid service and customer contracts that prevent disputes and ensure smooth operations. Contact information: Patrice Miles Business Coach, Business On Purpose patrice@mybusinessonpurpose.com Discovery Call: https://bit.ly/patricediscovery Samy Diab Diab Law Firm, PLLC Direct Line: 713 588- 1657 Main Line: (281) 560- 4913 samy@diablawfirm.com https://diablawfirm.com/ Are you working IN your business or ON your business? Do you have all of the foundational elements that will liberate you from the business chaos? Take the assessment to find out which areas you can grow and improve on. Take our Healthy Owner Business Assessment HERE➡️ http://bit.ly/healthybusiness1 SIGN UP for our Newsletter HERE ➡️ https://www.boproadmap.com/newsletter For blogs and updates, visit our site HERE ➡️ https://www.mybusinessonpurpose.com/blog/ LISTEN to the Business On Purpose Podcast HERE ➡️ https://podcasts.apple.com/us/podcast/my-business-on-purpose/id969222210 SUBSCRIBE to our YouTube channel HERE ➡️ https://www.youtube.com/channel/UCbPR8lTHY0ay4c0iqncOztg?sub_confirmation=1…

My Business On Purpose

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Tuesday Tools On Purpose: Ownership Preservation Series Part 4: Workforce Papering 8:28

πριν 26 weeks8:28

8:28

Tuesday Tools On Purpose: Ownership Preservation Series: Legal Strategies for Safeguarding Your Business Part 4: Workforce Papering Join BOP Business Coach Patrice Miles and Samy Diab from Diab Law Firm, PLLC, as they dive into "Ownership Preservation Series: Legal Strategies for Safeguarding Your Business - Part 4: Workforce Papering" on the latest Tuesday Tools On Purpose podcast! Learn how to properly classify and document your workforce to avoid legal pitfalls! Contact information: Patrice Miles Business Coach, Business On Purpose patrice@mybusinessonpurpose.com Discovery Call: https://bit.ly/patricediscovery Samy Diab Diab Law Firm, PLLC Direct Line: 713 588- 1657 Main Line: (281) 560- 4913 samy@diablawfirm.com https://diablawfirm.com/ Are you working IN your business or ON your business? Do you have all of the foundational elements that will liberate you from the business chaos? Take the assessment to find out which areas you can grow and improve on. Take our Healthy Owner Business Assessment HERE➡️ http://bit.ly/healthybusiness1 SIGN UP for our Newsletter HERE ➡️ https://www.boproadmap.com/newsletter For blogs and updates, visit our site HERE ➡️ https://www.mybusinessonpurpose.com/blog/ LISTEN to the Business On Purpose Podcast HERE ➡️ https://podcasts.apple.com/us/podcast/my-business-on-purpose/id969222210 SUBSCRIBE to our YouTube channel HERE ➡️ https://www.youtube.com/channel/UCbPR8lTHY0ay4c0iqncOztg?sub_confirmation=1…

My Business On Purpose

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Tuesday Tools On Purpose: Ownership Preservation Series- Part 3: Protecting the Corporate Form with Proper Bookkeeping 7:19

πριν 28 weeks7:19