Tropical MBA: Entrepreneurship & Founder Lifestyle

#715 3 Simple Ways to Improve Your Business


Listen Later

Dan raises the question: if you only had to implement one simple framework to improve your business, what would it be? In other words, what’s your minimum effective dose of operational practices? Sometimes–most of the time–one simple change can make a huge difference.

Today’s guest represents this line of thinking to a T. Lydia Machova talks about the ROI of spending a month implementing one simple idea, developing an integrator/visionary relationship, and the minimum effective dose of operational practices that improved her business.

Lastly, Dan & Lydia talk about how founders often confuse assistance with delegation and how Lydia built an operating system that empowers her team to take ownership, solve problems, and send fewer Slack messages.

Dan & Ian’s Stuff:

The Newsletter
“The DC”
DC Black
Global events
Hire remote talent
Find a remote job
Listen on YouTube
Follow on Instagram
@TropicalMBA
@AnythingIan

Show Notes:

(00:00:00) Intro

(00:02:02) Systems are too complicated
(00:04:23) Scorecards, scorecards, scorecards
(00:07:20) Delegation vs assistance
(00:08:32) DCBKK updates
(00:13:42) Becoming an entrepreneur
(00:21:48) Perfect integrator
(00:27:07) ROI of process
(00:37:25) Meeting tempos
(00:39:09) Accountability chart
(00:42:46) The issues list
(00:48:05) Get out from under

Links:

  • DC Events
  • DC Black
  • Language Mentoring
  • Clockwork by Mike Michalowicz
  • The Checklist Manifesto
  • Scorecards
  • Traction
  • Past guests on TMBA include Cal Newport, David Heinemeier Hannson, Seth Godin, Ricardo Semler, Noah Kagan, Rob Walling, Jay Clouse, Einar Vollset, Sam Dogan, Gino Wickam, James Clear, Jodie Cook, Mark Webster, Steph Smith, Taylor Pearson, Tommy Griffith, Justin Tan, Matt Gartland, Travis Jamison, Ayman Al-Abdullah, Tynan

    Additional episodes you might enjoy:

    TMBA 688: Mailbag: What Can Scorecards Do For You? And Equity Split Dilemmas

    TMBA 695: The Money Theory of Location And Why Employee Scorecards Are So Helpful
    TMBA 707: Deceptively simple ways to have a better business
    TMBA 702: Millions for Podcasts and Jay Clouse on Memberships
    TMBA 689: Re-visiting Our Conversation with Seth Godin

    ...more
    View all episodesView all episodes
    Download on the App Store

    Tropical MBA: Entrepreneurship & Founder LifestyleBy Dan Andrews; Ian Schoen

    • 4.9
    • 4.9
    • 4.9
    • 4.9
    • 4.9

    4.9

    467 ratings


    More shows like Tropical MBA: Entrepreneurship & Founder Lifestyle

    View all
    Startups For the Rest of Us by Rob Walling

    Startups For the Rest of Us

    702 Listeners

    Niche Pursuits Podcast: Find Your Next "Niche" Business Idea! by Spencer Haws: NichePursuits.com

    Niche Pursuits Podcast: Find Your Next "Niche" Business Idea!

    193 Listeners

    a16z Podcast by Andreessen Horowitz

    a16z Podcast

    1,096 Listeners

    The SaaS Podcast: Build, Launch & Scale Your SaaS by Omer Khan

    The SaaS Podcast: Build, Launch & Scale Your SaaS

    188 Listeners

    Built to Sell Radio by John Warrillow

    Built to Sell Radio

    212 Listeners

    Founders by David Senra

    Founders

    2,138 Listeners

    Noah Kagan Presents by Noah Kagan

    Noah Kagan Presents

    903 Listeners

    Y Combinator Startup Podcast by Y Combinator

    Y Combinator Startup Podcast

    232 Listeners

    My First Million by Hubspot Media

    My First Million

    2,641 Listeners

    Acquisitions Anonymous - #1 for business buying, selling and operating by Bill D'Alessandro, Mills Snell, Heather Endresen, and Michael Girdley

    Acquisitions Anonymous - #1 for business buying, selling and operating

    247 Listeners

    The Startup Ideas Podcast by Greg Isenberg

    The Startup Ideas Podcast

    206 Listeners

    Marketing Against The Grain by Hubspot Media

    Marketing Against The Grain

    358 Listeners

    OPERATORS by OPERATORS

    OPERATORS

    50 Listeners

    Moneywise by Hampton

    Moneywise

    651 Listeners

    The Koerner Office - Business Ideas and Small Business Deep Dives with Entrepreneurs by Chris Koerner

    The Koerner Office - Business Ideas and Small Business Deep Dives with Entrepreneurs

    225 Listeners