Richard Walsh and Jim Dubos explore the vital entrepreneurial trait of humility, focusing on Jim's journey and his Exit Ready Method. They discuss holistic business practices, emphasizing gratitude in leadership and creating owner-independent businesses. Topics include building business assets, time studies, defining team roles, and systems for growth. They also examine client acquisition costs, employee retention, and company culture. The episode touches on cross-departmental benefits, servant leadership, and role models. Finally, they discuss strategic planning and offer practical advice for entrepreneurs, including free resources and an upcoming YouTube series.

(0:00) Introduction and Humility as an Entrepreneurial Trait

(0:24) Sponsor: Sharpen The Spirit Coaching

(0:51) Jim Dubos' Entrepreneurial Backstory and Exit Ready Method

(2:29) Holistic Business Practices and Gratitude in Leadership

(6:44) Building an Owner-Independent Business and Safe Work Environments

(9:10) Measurement, Accountability, and Trust in Teams

(12:19) Building and Transferring Business Assets

(18:23) Efficiency through Time Studies and Defined Team Roles

(21:35) Systems and Tools for Business Growth

(24:07) Client Acquisition Costs, Employee Retention, and Company Culture

(27:38) Cross-Departmental Benefits and Servant Leadership

(36:13) Role Models and Creating a Transferable Business Asset

(40:31) Evaluating Buyers and Employee Well-being

(44:47) The Seven Stages to a Hundred Million and Identifying Growth Areas

(47:28) Transitioning and Differentiating Between Growth and Scale

(50:14) Strategic Planning and Team Buy-in for Scaling

(59:12) Practical Advice for Entrepreneurs and Free Resources

(1:02:00) Upcoming YouTube Series and Final Remarks

(1:04:15) Conclusion and Sponsor Mention: sharpenthespiritcoaching.com