Entrepreneur Aligned Podcast

We all want to be in a position or seat in our companies doing the things that we love to do that makes us feel fulfilled; however, this does not seem to be the case with most business owners. You might be sitting in a combination of chairs carrying out different tasks that make you feel frustrated since that’s not the position you want to be in. The good thing here though is that you can create the opportunity for you to occupy the seat you most want to be in because you are the business owner given that you take the necessary steps to do it. 

In this episode, we help you create the mindset that you need for you to get into the right seat. We will discuss the processes involved including an evaluation of why you are in the seat you are right now, how you envision yourself to be inside and outside of the business, what kind of world impact you’d like to create, resource allocation once you’re in the right seat and many more.

If you think you’ve been stuck in your situation for too long, desiring change and to be in the right seat, this podcast is something you have to listen to. 

Resource Links: 

• Destiny Capital (https://www.destinycapital.com) 
• Sweet Bloom Coffee Roaster (https://sweetbloomcoffee.com/)
• Priority Matrix (https://en.wikipedia.org/wiki/Priority_Matrix)

We’ll be talking about: 

1. What chair do you want to be in [3:57]
2. Reasons why we’re not in the seat we want [6:17]
3. Uncovering questions to dig deeper [7:43] 
4. Defining who you want to be inside and outside of the business [8:51]
5. How you would like to impact the world [10:31] 
6. Examining why you are in the seat you are in right now [12:47]
7. Resource allocation when in the right seat [16:40]
8. The important question for an internal evaluation [27:20]

If you liked this episode, please don’t forget to subscribe, tune in, and share this podcast.  

Connect with Already Successful: 

Subscribe on YouTube: https://www.youtube.com/channel/UCdP-TOyToXAc5iSIA4Ehc6g

Like on Facebook: https://www.facebook.com/AlreadySuccessful/

Connect on LinkedIn: https://www.linkedin.com/company/alreadysuccessful

Follow on Instagram: https://www.instagram.com/alreadysuccessfulpodcast/

See omnystudio.com/listener for privacy information.

Resource Links: 

• Destiny Capital (https://www.destinycapital.com) 
• Brene Brown (https://brenebrown.com/videos/)
• Alyse McConnell’s Website (https://www.alysemcconnell.com/)

You are on a journey towards becoming the best version of yourself. That journey sometimes involves relationships that last for only a moment and some that span through years and through different chapters of your life. 

Regardless of how long a relationship lasts, each one is important. As an entrepreneur, you probably want to build relationships that support your journey. But where and how do you find them?

In this episode, our guest is Alyse McConnell, who talks about mindset and intentionality. We have a fantastic conversation today about creating meaningful relationships and evolving the ones you already have. Who do you give your attention to? How clear are your boundaries? Connection plays a big part of who you are, and Alyse gives great tips on building deeper connections.

If you want to be more intentional about who you are and develop meaningful connections, tune in now to this amazing episode!

We’ll be talking about: 

1. Alyse’ purpose and passion of supporting people [04:45] 
2. Intention and changes in relationships [07:08] 
3. Keeping relationships you evolved out of [10:06] 
4. Finding resonance and building your peer group [13:21] 
5. Setting guardrails for what a relationship should be [20:45] 
6. Owning your success and gratitude for the journey [27:28] 
7. Limiting beliefs and status games [30:02] 
8. Attention filtering and willful ignorance [34:50]
9. Celebrating the wins and being intentional [39:26]

About Our Guest:

Alyse McConnell is the owner of A2 Coaching Group. She supports people to feel good in their own skin because she believes that if people could have joy and satisfaction in their work, it would ripple everywhere in their lives. She also runs the Limitless Adviser Coaching Program in Costa Rica, which teaches people about mindset and growth in the financial industry.

Connect with Alyse on Facebook, Twitter,or LinkedIn to get updates on her upcoming video on having an intentional life.

If you liked this episode, please don’t forget to subscribe, tune in, and share this podcast.

Connect with Already Successful: 

• Subscribe on YouTube: https://www.youtube.com/channel/UCdP-TOyToXAc5iSIA4Ehc6g
• Like on Facebook: https://www.facebook.com/AlreadySuccessful/
• Connect on LinkedIn: https://www.linkedin.com/company/alreadysuccessful
• Follow on Instagram: https://www.instagram.com/alreadysuccessfulpodcast/

See omnystudio.com/listener for privacy information.

Resource Links: 

• Destiny Capital (https://www.destinycapital.com) 
• Wander + Ivy (https://www.wanderandivy.com/)
• Connect with Matthew at Kurtz Fargo LLC (https://kurtzfargo.com/)

High turnover and disgruntled employees are just some of the problems faced by companies. Your ability to reach your goals is dependent on having highly-motivated individuals with the right mindset working as part of your team. To do that, maybe it’s time you challenge the way you build and grow your employees.

Matthew Fargo of Kurtz Fargo LLC is our guest in today’s episode. He shares their internal team structure and the parts they’ve put in place that allows them to deliver the outcomes they want. As entrepreneurs, you would want to grow our own expert team, and this episode will definitely give some insights on how to invest in your team and create the same impact.

Whether you’re currently operating your business or planning on starting a successor business, creating the optimal environment and culture is key to achieving your goals. So don’t miss a beat and tune in now.

We’ll be talking about: 

1. The early days of Kurtz Fargo and moving away from the hourly billing model [04:08] 
2. Lowering turnover and investing on the team [08:28] 
3. The most effective benefit for keeping employees happy [12:20] 
4. Valuing people and the focus on wellness [15:58] 
5. Delivering high-level service [17:38] 
6. Areas of specialty and creating impact [20:07] 
7. The new bonus program at Kurtz Fargo [27:01] 
8. The source of their new ideas [30:37]
9. Hiring a coach to get valuable feedback [33:12]
10. Building a solid partnership [37:46] 
11. Having the team own the solution they created [46:05]
12. What drives Matthew to do better and challenge things [49:36]
13. His advice to live an abundant, joyful life as an entrepreneur [53:18]

About Our Guest:

Matthew Fargo is a partner at Kurtz Fargo LLP, an accounting firm working with entrepreneurs, especially those from the Techstars program in Boulder, Colorado. They also work with high net worth individuals and families.  

If you liked this episode, please don’t forget to subscribe, tune in, and share this podcast.  

Connect with Already Successful: 

Subscribe on YouTube: https://www.youtube.com/channel/UCdP-TOyToXAc5iSIA4Ehc6g

Like on Facebook: https://www.facebook.com/AlreadySuccessful/

Connect on LinkedIn: https://www.linkedin.com/company/alreadysuccessful

Follow on Instagram: https://www.instagram.com/alreadysuccessfulpodcast/

See omnystudio.com/listener for privacy information.

Resource Links: 

• Destiny Capital (https://www.destinycapital.com) 
• Sweet Bloom Coffee Roaster (https://sweetbloomcoffee.com/)
• Sara Blakely of Spanx (https://en.wikipedia.org/wiki/Sara_Blakely)

Parents play a very important role in shaping their kids’ future, who they become and what values they uphold. Because of this huge role, it’s key to be intentional when we teach our kids values through their different life stages. 

In today’s episode, Tiffany and Jarrod talk about how to best transfer your core values onto your children. As parents who are also entrepreneurs, we don’t want to enable our kids, but rather empower them. We talk about building communication starting from preschool to explain who you are and how you look in the world until they’re an adult who is contributing to the world.

Whatever the road our children take, be it the path of philanthropy, entrepreneurship, or the family business, we all want what’s best for them. So check out the podcast highlights below and tune in.

We’ll be talking about: 

1. Using the behavior model for pre-kindergarten kids [04:16] 
2. The community’s role in teaching entrepreneurial values [10:20]
3. Teaching failure acknowledgment [15:21] 
4. Encouraging the interests of elementary school-aged kids [18:46] 
5. Teaching money and finances [22:46] 
6. Progress and complex personal development in middle school [27:33] 
7. Coaching through progression in high school [31:44] 
8. Talking about entrepreneurship and philanthropy [36:34]
9. Dealing with college-aged children challenging your core values [42:48] 
10. Setting up college for your child to get the best outcome [47:12]
11. The hallmarks of successfully passing wealth or business to young adults [51:33]

If you liked this episode, please don’t forget to subscribe, tune in, and share this podcast.  

Connect with Already Successful: 

Subscribe on YouTube: https://www.youtube.com/channel/UCdP-TOyToXAc5iSIA4Ehc6g

Like on Facebook: https://www.facebook.com/AlreadySuccessful/

Connect on LinkedIn: https://www.linkedin.com/company/alreadysuccessful

Follow on Instagram: https://www.instagram.com/alreadysuccessfulpodcast/

See omnystudio.com/listener for privacy information.

Resource Links: 

• Destiny Capital (https://www.destinycapital.com) 
• Sweet Bloom Coffee Roasters (https://sweetbloomcoffee.com/)
• The Power of Moments by Chip Heath and Dan Heath (https://www.amazon.com/Power-Moments-Certain-Experiences-Extraordinary/dp/1501147765)

Once you’ve reached the success you seek to achieve, one of the amazing things that happen is that more opportunities open up to you. The downside to that is the difficulty in making decisions when you’re bombarded with information overload or wanting to take advantage of every opportunity that comes knocking on your door to a point that you can no longer effectively devote your time to the things that increase your impact. Whichever it is that happens, all of that is driven by fear which we all experience. It is something we have to learn how to deal with.

In today’s episode, Tiffany and Jarrod talk about the fear of missing out (FOMO). Each day, we have to make many decisions, whether it’s personal or business-related and whether it involves our capital or time. They go back to our core values and statement of intent, and how they influence our decisions and make it easier for us to choose the right opportunities.

When you’re someone drowning in opportunities, it can be hard to make decisions amidst all the noise. So take a deep breath because this episode is going to help you identify the signals that are important to you and your family.

We’ll be talking about: 

1. Why FOMO isn’t free [02:27] 
2. Tactics for filtering out information overload [04:50] 
3. Why merely following others’ choices may not be right for you [12:27] 
4. The bias towards the kind of FOMO you’re subject to [20:47] 
5. Making decisions that match your core values [22:44] 
6. The importance of identifying your primary driver [27:25] 
7. FOMO and regretting bad calls [30:51] 
8. Achievement vs. discretionary time [37:25]
9. Time management strategies to minimize FOMO [40:18]
10. The importance of knowing the why and the intention behind it [52:00] 

If you liked this episode, please don’t forget to subscribe, tune in, and share this podcast.  

Connect with Already Successful: 

• Subscribe on YouTube: https://www.youtube.com/channel/UCdP-TOyToXAc5iSIA4Ehc6g
• Like on Facebook: https://www.facebook.com/AlreadySuccessful/
• Connect on LinkedIn: https://www.linkedin.com/company/alreadysuccessful
• Follow on Instagram: https://www.instagram.com/alreadysuccessfulpodcast/

See omnystudio.com/listener for privacy information.

Resource Links: 

• Intelligentsia Coffee (https://www.intelligentsiacoffee.com/)
• COVID-19 Resources for Impacted Small Businesses (https://www.destinycapital.com/blog/covid19-resources-impacted-small-businesses)
• Paycheck Protection Program (PPP) (https://www.sba.gov/funding-programs/loans/coronavirus-relief-options/paycheck-protection-program-ppp)
• COVID-19 Economic Injury Disaster Loan (EIDL) Application (https://covid19relief.sba.gov/#/)
• If you need someone to talk things through, get into a phone call with us now (https://www.destinycapital.com/contact-us)

The world has settled into the new normal. We all know that the coronavirus pandemic is a huge deal, and social distancing has become the norm globally. While there’s a general acceptance going around, we’re still in the middle of a crisis.

We’re seeing opportunities come up. For entrepreneurs wary about how business will be after all this, we believe these opportunities can pave the way for them to thrive.

In today’s Crisis Response episode, Tiffany and I look at eligible loan programs here in the U.S. including the PPP and EIDL programs, and whether you should count on them. At this time, trusted relationships with your CPA, attorney, banker, and CFP are critical. So as you form new relationships, it’s key to evaluate them carefully. 

We also talk about doing self-care and making sure you’re in an inspired space, so you can focus on building your future.

Tune in now because this is another jam-packed episode, which we know you won’t want to miss.

We’ll be talking about: 

1. Why you should not count on SBA loans [05:24] 
2. Why you shouldn’t feel guilty about taking advantage of the stimulus package [10:12] 
3. The importance of trusted advisors [14:15] 
4. Why it matters to proactively build meaningful relationships [17:54] 
5. Efforted vs. inspired state and staying above the line [22:51] 
6. The definition of an inspired state [25:53] 
7. Using time blocking to mentally separate work from family [30:50] 
8. The need to reframe and do self-care [33:46]
9. Change as the opportunity to be the best and thrive [36:43]

If you liked this episode, please don’t forget to subscribe, tune in, and share this podcast.  

Recommended Books: 

• The Obstacle is the Way by Ryan Holiday (https://www.amazon.com/Obstacle-Way-Timeless-Turning-Triumph/dp/1591846358)
• Meditations by Marcus Aurelius (https://www.amazon.com/Meditations-Thrift-Editions-Marcus-Aurelius/dp/048629823X/ref=redir_mobile_desktop?ie=UTF8&aaxitk=aQo5wPdGC0gSXNKh-Bn7gA&hsa_cr_id=4256966120201&ref_=sb_s_sparkle)

Other Crisis Response Episodes: 

• Cashflow and Opportunities During a Crisis https://www.youtube.com/watch?v=vhyYG2Oz2a8
• Evaluating Opportunities During Crisis https://www.youtube.com/watch?v=PXncvWpKZEE

Connect with Already Successful: 

• Subscribe on YouTube: https://www.youtube.com/channel/UCdP-TOyToXAc5iSIA4Ehc6g
• Like on Facebook: https://www.facebook.com/AlreadySuccessful/
• Connect on LinkedIn: https://www.linkedin.com/company/alreadysuccessful
• Follow on Instagram: https://www.instagram.com/alreadysuccessfulpodcast/

Disclaimer: In the midst of this challenging time, the Already Successful team wants to give entrepreneurs all the information that we can provide to help them in their decision-making. But as our government is still reacting to the ongoing crisis, bills and measures could come out, which may contradict the opinions we have given. Always seek the advice of your attorney, CPA, or investment professional.

See omnystudio.com/listener for privacy information.

Resource Links: 

• Destiny Capital (https://www.destinycapital.com) 
• Marqués de Cáceres (https://www.marquesdecaceres.com/en/)
• Connect with Blake at The Forbes M&A Group (https://forbesma.com/our-team/blake-shear)

As an entrepreneur who has put a lot of time, resources, and passion into building your company, the time will come when you may decide to exit. Timing is key. But beyond that, a lot of preparation is needed as you go through the transition. In the hopes of creating a smoother process when the time comes, we’re here to take a deeper look at the mergers and acquisitions (M&A) process.

In today’s episode, our special guest, Blake Shear of The Forbes M&A Group, takes us through the process and steps involved when a company begins their transition. He talks about the need to understand your personal goals and reasons for wanting to go through the transaction. He also discusses the issues that could arise that could take an effect on how the deal pushes through. 

Whether you’re doing your first exit or have done one that didn’t work out so well, this episode is for you.

We’ll be talking about: 

1. The process and steps to starting the transition conversation [04:31] 
2. A case study on the importance of identifying personal goals to finish well [06:37] 
3. Key milestones in a transition process [10:24] 
4. A case study involving a deferred revenue issue [12:55] 
5. Defending numbers vs. focusing on a business’ future [15:02] 
6. The transition time period and setting up expectations [17:09] 
7. The merger and acquisition process [19:46] 
8. Incentivizing and retaining key people [26:30]
9. The benefits of using a virtual data room [27:44]
10. Protecting proprietary information [29:42] 
11. Preparing your business to operate without you [32:24]
12. Internal succession vs. third-party sale vs. private equity purchase [33:37]
13. Their firm’s close rate [40:48]
14. The importance of getting your system in place [42:34]
15. Timeliness when preparing for that exit [48:04]

About Our Guest:

Blake Shear is from The Forbes M&A Group, an investment bank specializing in M&As, Capital Formation, and financial restructuring. He has 12 years of investment banking experience and has worked on numerous transactions. He enjoys working hand-and-hand with entrepreneurs to help them understand the challenges and opportunities ahead of them, and unlock their businesses’ value beyond the numbers.

If you liked this episode, please don’t forget to subscribe, tune in, and share this podcast.  

Connect with Already Successful: 

Subscribe on YouTube: https://www.youtube.com/channel/UCdP-TOyToXAc5iSIA4Ehc6g Like on Facebook: https://www.facebook.com/AlreadySuccessful/ Connect on LinkedIn: https://www.linkedin.com/company/alreadysuccessful Follow on Instagram: https://www.instagram.com/alreadysuccessfulpodcast/

See omnystudio.com/listener for privacy information.

Resource Links: 

• If you need someone to talk things through, get into a phone call with us now (https://www.destinycapital.com/contact-us)

Once you’ve had a clear-eyed assessment of your business constraints and opportunities, it’s time to make your next move. A thorough evaluation of the investment opportunities that have risen is needed, so you’ll know where you can put your capital in. 

In another crisis response episode, Tiffany and Jarrod talk about investment during times of crisis and the opportunities that come up. Hopefully, you’ve done the work and already know the capital you have available for investing. We also tackle a bit of the CARES Act and some SBA loan provisions.

Are you looking to make the most out of the opportunities this crisis creates? Then this episode is right for you.

We’ll be talking about: 

1. What opportunities look like [04:06] 
2. Constructing your investment thesis [07:33] 
3. Investing in liquid public markets [09:47] 
4. Financing opportunities in real estate [15:02] 
5. The changing environment in commercial real estate [16:56] 
6. Speculating on cryptocurrencies [20:36] 
7. The dislocation in private equity and other illiquid assets [22:30] 
8. Small business lending through the CARES Act [27:28]
9. Coming from a place of gratitude [33:26]

If you liked this episode, please don’t forget to subscribe, tune in, and share this podcast.  

Connect with Already Successful: 

• Subscribe on YouTube: https://www.youtube.com/channel/UCdP-TOyToXAc5iSIA4Ehc6g
• Like on Facebook: https://www.facebook.com/AlreadySuccessful/
• Connect on LinkedIn: https://www.linkedin.com/company/alreadysuccessful
• Follow on Instagram: https://www.instagram.com/alreadysuccessfulpodcast/

Disclaimer: In the midst of this challenging time, the Already Successful team wants to give entrepreneurs all the information that we can provide to help them in their decision-making. But as our government is still reacting to the ongoing crisis, bills and measures could come out, which may contradict the opinions we have given.

See omnystudio.com/listener for privacy information.

Resource Links: 

• Download the framework at Destiny Capital (https://www.destinycapital.com) 
• If you need someone to talk things through, get into a phone call with us now (https://www.destinycapital.com/contact-us)

With most areas in the Western world implementing social distancing and quarantines, we are facing government-mandated business shutdowns. Everybody is going through pain during this highly emotional situation. The massive economic productivity loss expected from this shutdown is the unfortunate outcome that business owners should prepare to deal with. 

In today’s special episode, Tiffany and Jarrod give a framework for examining your cash needs and the available business prospects during this difficult time. They’re both in this to help you look at the whole picture of your resources, constraints, and what the future looks like. They also share the opportunities that come up, which you can take advantage of.

While risk levels remain high, so do opportunities. If you’re an entrepreneur looking to rise above this crisis, tune in now.

We’ll be talking about: 

1. Taking a look at your cash burn [05:41] 
2. Separating needs from discretionary expenses [07:27] 
3. Examining your business risk from the disruption [18:00] 
4. What’s best for employees: furlough vs. temporary layoffs [19:48] 
5. Lowering your business expenses [22:23] 
6. Should you inject personal money into the business [25:27] 
7. Opportunities for problem-solving [27:07] 
8. The need to do a clear-eyed evaluation [30:12]
9. What’s important right now [33:51]

If you liked this episode, please don’t forget to subscribe, tune in, and share this podcast.  

Connect with Already Successful: 

• Subscribe on YouTube: https://www.youtube.com/channel/UCdP-TOyToXAc5iSIA4Ehc6g
• Like on Facebook: https://www.facebook.com/AlreadySuccessful/
• Connect on LinkedIn: https://www.linkedin.com/company/alreadysuccessful
• Follow on Instagram: https://www.instagram.com/alreadysuccessfulpodcast/

Disclaimer: In the midst of this challenging time, the Already Successful team wants to give entrepreneurs all the information that we can provide to help them in their decision-making. But as our government is still reacting to the ongoing crisis, bills and measures could come out, which may contradict the opinions we have given.

See omnystudio.com/listener for privacy information.

Resource Links: 

• Destiny Capital (https://www.destinycapital.com) 

As human beings, we crave connection and building relationships with each other. We want to find people who we consider peers. Today, Tiffany and Jarrod interview each other as we talk about finding peers as we grow and evolve in our lives and careers. Tiffany shares how she crafted her own peer group, and how she makes sure everyone is invested in what they’re doing and why. 

People in your life are there for a reason, season, or lifetime. If you’re someone wondering how to make those connections and establish peers around different areas of your life, then join us in this episode.

We’ll be talking about: 

1. Tiffany’s peer groups and how she keeps them together [05:01] 
2. How she chose her 8 peer groups and the importance of having commonalities [06:51] 
3. The personal value Tiffany received from leveling up her relationships [12:04] 
4. The magic that comes from having an established group [19:23] 
5. The importance of growing out of certain things [22:43] 
6. Pulling people in to join a peer group [25:19] 
7. Why structuring and intention matters for peer groups [32:24] 
8. A workshop on searching for personal development groups [38:54]
9. A workshop on searching for money groups [44:11]
10. A workshop on searching for time groups [51:55]

If you liked this episode, please don’t forget to subscribe, tune in, and share this podcast.  

Connect with Already Successful:  Subscribe on YouTube: https://www.youtube.com/channel/UCdP-TOyToXAc5iSIA4Ehc6g Like on Facebook: https://www.facebook.com/AlreadySuccessful/ Connect on LinkedIn: https://www.linkedin.com/company/alreadysuccessful Follow on Instagram: https://www.instagram.com/alreadysuccessfulpodcast/

See omnystudio.com/listener for privacy information.