How To Be Moderately Successful.
Mike Scott
Building a business is hard. Maintaining healthy relationships with those that you care about is hard. Staying fit and healthy in your body, your mind and your emotions is hard. This podcast is about finding and sharing tools, strategies and experiences that may help you to achieve and maintain moderate success in your life, whatever that means to you. There is a ton of content created by the billionaires, the ultra successful athletes, and by people that are at a level that the vast majority of us will just never get to. And if you're anything like me, you're totally okay with that. This is a place where we talk about how to build a great business, but not necessarily a massive one. A place to talk about how we build a life that is balanced and integrated, but not necessarily optimised to levels that are not realistic for most of us. In short, it's a place where we explore how to be moderately successful. The work will always remain yours, and for the most part, it's simple, but not easy.I sincerely hope it's valuable to you.-MikeIf you want to talk about working with me get in touch on mike@smbmastery.com.au or https://www.linkedin.com/in/mikeadamscott/
Episodes
Mentioned books
12 snips
Aug 12, 2024 • 52min
EP32 Know Your Numbers! With Chris Wheldon.
Chris Wheldon, an accomplished investor and entrepreneur, joins the conversation to emphasize the critical role numbers play in business success. He reveals the must-know financial metrics, like cash flow and profit margins, that every small to mid-sized business owner should master. Chris discusses how data transparency can enhance acquisition processes and stresses the importance of regular financial assessments. He encourages listeners to measure key inputs weekly and take a proactive approach to financial management to ensure long-term sustainability.
6 snips
Jul 29, 2024 • 22min
EP31 Negotiation tools that work
In this engaging discussion, negotiation expert Mike shares invaluable tips for mastering the art of negotiation. He emphasizes the significance of leverage to ensure win-win outcomes. Mike introduces the anchoring technique, advocating for starting higher to gain an advantage. He suggests using phrases like 'Is there any flexibility on this?' to foster better terms. Furthermore, he highlights how questioning unreasonable demands with 'How am I supposed to do that?' can shift the dynamics in your favor. Practical advice for both professionals and everyday life!
5 snips
Jul 16, 2024 • 29min
EP30 The three hats you wear as a founder
The podcast discusses the three roles entrepreneurs play: shareholder/investor, director, and employee. It emphasizes separating these roles to maximize productivity. Tools like the 70% rule and Eisenhower matrix are introduced to prioritize tasks and delegate efficiently. Entrepreneurs are encouraged to determine the value of their time and focus on high-value activities.
5 snips
Jul 3, 2024 • 12min
EP29 Who should be on your leadership team?
In this podcast, Mike discusses the importance of a strong meeting rhythm for a leadership team. He breaks down the primary functions of a business into operations, sales and marketing, and finance, suggesting the heads of these functions should be part of the team. He advises inviting team members as an experiment for flexibility, and investing in developing leaders within the organization for scaling and reducing reliance on the founder.
Jun 19, 2024 • 25min
EP28 Creating and Using a Company Scorecard
Learn the importance of creating a company scorecard to increase accountability and drive results. Focus on leading indicators like revenue, profit, LinkedIn posts, and client satisfaction scores. Explore the process of setting targets, assigning accountability, and conducting weekly scorecard reviews for business success.
Feb 3, 2024 • 22min
EP27 How to use your company vision to drive results
Mike discusses the importance of having a clear vision for a business and using a structured approach. He emphasizes the three components of a vision: core values, purpose, and a big hairy audacious goal. Mike highlights the need to extract and communicate the vision to align the team and make informed decisions. Revisiting the vision periodically can help realign the business and address any deviations.
Feb 2, 2024 • 47min
EP26 Habits that really move the needle
Mike shares his journey of overcoming anxiety and discusses techniques for better mental health and productivity. He talks about the importance of sleep and shares his evening and morning routines. Journaling and breathing techniques are highlighted for self-reflection and stress regulation. The importance of transitioning from work to home and overall self-care is emphasized. Understanding business deeply and prioritizing self-care are seen as key for leaders to excel.
Dec 9, 2023 • 35min
EP25 (Part 2) Getting and keeping the best people.
This podcast episode discusses creating an environment that motivates employees to stay and excel, including differentiating between leadership and management, intrinsic motivators, defining winning aspirations, and developing a value proposition for talent. The episode emphasizes intentionality, transparency, and building a strong culture.
Nov 21, 2023 • 30min
EP24 (Part 1) Getting and keeping the best people.
This podcast covers strategies for attracting and retaining top talent in small to medium-sized businesses. It discusses creating an effective organizational structure, involving team members in the hiring process, and marketing for talent attraction. The episode also emphasizes the significance of incorporating company values into interviews and promises to explore employee retention in the next part of the series.
Nov 7, 2023 • 32min
EP23 Practical resilience
In this podcast, they discuss practical strategies for building resilience in business, integrating personal and professional life, and facing difficult truths. They also emphasize the importance of maintaining healthy habits and using constructive content during challenging times. The power of rest and permission to start over is highlighted as well.
