Business Owners & Entrepreneurs Podcast With Peter Boolkah | Business Coach | The Transition Guy®

What does it mean to future proof your career and company? As humans, we are naturally inclined to deal with the most immediate and pressing of needs. But, according to Maulik Parekh, for leaders and CEOs, future proofing careers and businesses means having to focus on imperative factors like embracing artificial intelligence, digital transformation and the gig economy. Maulik Parekh was inspired to write his book, Futureproof Your Career And Company, after realizing the extent to which everyone was focused on surviving the pandemic vs looking long-term. So many leaders took their eyes off the horizon, forgetting the growing trends of artificial intelligence, digital natives, and the gig economy. The business landscape has changed, and it continues to change. So, as a business leader, if you don’t prepare for them, you may come to experience a different kind of pandemic in the next 10 years. Businesses that have managed to embrace the internet have undoubtedly emerged victorious during this pandemic. But some

 The thing is, as business owners, we all want financial freedom. However, unless we find a way to get our money working for us, we risk creating a job rather than a business.  Wealth mentor Jackson Millan talks about how he grew up watching his parents working hard without truly being able to generate wealth for themselves, and how this early experience made him want to teach people the language of money - something that is not taught in school. When his job as a financial advisor didn’t feel quite right to him, he decided to carve out his own space teaching people how to have financial freedom.  When it comes to COVID, most small business owners were grossly underprepared. One of the biggest problems was that people didn't have an emergency fund that they could draw upon. One thing Jackson teaches as a wealth mentor is that there will always be another potential disaster. In order to have financial freedom and generate wealth, you need to be prepared for that possibility.  At the core of Jackson’s work

Getting clear on what Jim Collins calls your Profit per X - that is, the economic engine that drives your business - is going to help you achieve your 3HAG and BHAG goals down the line. However, many entrepreneurs put off this critical planning until quite late in their development process. For Shannon Susko, planning out your Profit per X right away has enormous benefits. First of all, Profit per X comes from the Hedgehog Concept of Jim Collins. The Hedgehog Concept, which allows your business to transform from 'Good to Great', comes about from answering these 3 key questions: 1) What are you deeply passionate about? (Knowing your Business Purpose) 2) What can you be the best in the world at? (Knowing your Core Business) 3) Can you make money doing it? (Knowing your economic engine or Profit per X) Putting the answers side-by-side with the Key Function Flow Map of your business will allow you and your team to get a clear idea of the non-fiscal elements of your business, and how they contribute to y

In this enlightening interview with Shannon Susko, she describes the origins and meaning of Metronomics and why alignment in business is the key to long-term success. The word, Metronomics, was created by looking at what goes into building up a system in business. Shannon Susko realized early on that systems allow businesses to grow faster because they take away much of the day-to-day struggle that entrepreneurs often grapple with. But a good system is more than just a plan. In order to truly achieve alignment in business, you need to build a team that is fully behind your goals and objectives - which is one of the keys to Metronomics. It is important to understand that Metronomics is a progression. Shannon Susko emphasizes that it is a regimen that is practical and adjustable. Just as a health regimen helps us to get our bodies in shape, this is a prescribed approach that will really get your business going in the right direction. One important aspect of this is connecting a culturally-strong, cohesive team

With “Metronomics,” Shannon Susko has created a proven system that helps accelerate business growth plans. In this conversation, she breaks down what this system entails and why it is so impactful. As she mentions, everyone wants to focus on the 3HAG systems because they're tangible. But there are four other systems that are equally (if not more) important. There's a cultural system, a cohesive system, a human system, and a coaching system. Unfortunately, many business owners pay little attention to these other systems because they are not as obvious as things like strategy, execution, and cash. With “Metronomics,” Shannon Susko adds to those crucial 3HAG areas and offers a prescriptive approach that any business owner can follow. At its core, a business is a team. And what do all successful teams have in common? They have a repeatable system, a high level of openness and cohesiveness, and an expert coach who can remove blind spots. Whether it’s in sports or in business, these elements are the keys

There are always going to be challenges faced by entrepreneurs. What often separates the successful businesses from those that fail is how adept they are at dealing with adversity. In this conversation with Mitch Russo, he describes the challenges that he faced while building an eight-figure business, and how he was able to overcome them. One of the key principles that Mitch adhered to from the beginning was to sell a quality product to the right people. Once you figure out who to target, it makes marketing a whole lot easier. You can orient your marketing to match precisely the people who will be interested in your product. One of the biggest challenges faced by entrepreneurs is recession. But as Mitch explains, he has a unique way of dealing with adversity. When he experienced the last recession, he decided that he was in a period of expansion. Just because the economy is suffering as a whole doesn’t mean that you have to suffer along with it. The final piece of advice that Mitch offers is to make sure you

Is fear holding you back? Fear in business is a lack of certainty about what the future holds. But what matters is not whether or not you feel fear; rather, it’s how you choose to deal with it. This past year has been tough for many entrepreneurs. Yet, some people have found ways to thrive. What often makes the difference between failure and success is one’s relationship to fear and uncertainty.  The key is to not focus on things that are out of your control. Take the pandemic, for example. There were many things that were out of our control. In order to feel comfortable again, many people chose to watch more TV or eat more junk food. But if there’s fear holding you back, you need to focus on taking control of your situation. Rather than succumbing to the fear in business, look for new opportunities. Ask yourself what kinds of doors your situation has opened for you.  This is what Brian Lovegrove helps his clients with on a daily basis. He frees them from their fears by showing them how to take action and av

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In a world where we constantly experience change, learning how to adapt to a new way of thinking is essential. In today’s video, Francis Cholle discusses his bestselling book “Squircle.” What is a Squircle? According to Francis, Squircle is the result of a “square and a circle coming together.”But what does that mean? Circle represents our ability to thrive in chaos, while square represents our logical state. Squircle is where your logical mind and instinctual attitudes come together to enable you to develop a new skill set. Basically, in today’s world, every day is a move from predictability to uncertainty. Everything needs to be reinvented at any given moment because a newer kind of decision-making logic is necessary in order to cope with the change. The reality for the business world is that the pandemic has placed us in the biggest case of unpredictability that we’ve ever seen. Fortunately, a lot of entrepreneurs have managed to adapt in many ways. Knowing how to adapt as you go is critical for survival.

Writing a bestseller can seem almost impossible to any aspiring author, but can you write a bestselling book without the stress and time-consuming elements of the publishing process? The answer is yes. Vikrant Shaurya, the CEO and founder of bestsellingbook.com, wrote his first book when he was 19 years old. He made $27. That’s how he began to understand how the publishing world works. He realized that business owners, thought leaders, coaches, and consultants know that they want to write a book to share their ideas. They have amazing ideas and stories to share, but they lack time to write books about them. That was the gap. He saw it, and he went for it. But why should you write a book? As a thought leader in your field, publishing a bestselling book increases your credibility and sets you up in the public eye as an authority on the topic. You want to set yourself apart from the crowd and establish your authority. A bestselling book can help you generate leads, secure speaking engagements, and basically allo

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Seiler Tucker’s twofold approach to selling your business for a maximum profit combines two of the most powerful elements of her mergers and acquisitions toolkit: the “ST GPS Exit Model ™” to help business owners set goals for the sale before their business hit the market, and the “Six Ps Method ™” to help them objectively evaluate their business’s worth, before their potential buyers do. Combined, these tools provide invaluable insight into the process of preparing a business for sale, finding the right buyers, and staging the sale itself.

Today, we're joined by Kristin Molenaar, the CEO of YesBoss, a company that focuses on helping entrepreneurs in elevating their visibility. We're going to be focusing on podcasts, and how they can help you gain the trust of your audience and improve your credibility.Podcasts are a great medium to connect with experts in your field or people that have done amazing things. So if you're someone that is building their business, one of the best ways to grow it is by hosting or appearing in podcasts.While getting results is the ultimate goal, growing an audience is a crucial step to gaining visibility and marketing yourself or your business effectively in any digital world.Podcasts are a great way to connect and network with other people who have successful businesses. And because they're all on the same topic, it makes it easier for you to build a relationship with them. Audiences like to hear about people, their struggles, their thoughts, their opinions - and podcasts provide a great opportuni

With the new Clubhouse app getting a lot of hype in the media lately, I have decided to do a Clubhouse review to give you my perspective of this new and intriguing social media platform.This is a relatively new platform that has only been out since May. Since it grabbed my attention, I decided to give it a try. So, what are my thoughts? I have to say that I like the idea of Clubhouse. This is a platform that centres around drop-in audio chats. Essentially, it is like having a bunch of live podcasts that you can choose from. However, a major difference between current podcasting and the Clubhouse app is that in these conversations, you as the listener have the ability to participate. When a speaker is finished, you can ask a question.Now, my Clubhouse review wouldn’t be complete without mentioning the downsides that I noticed. One thing that I noticed was that the rooms sometimes had 2000 people listening. When you have rooms that big, it becomes very difficult to participate. I also noticed some people spendi