The Leaky Bucket

The Leaky Bucket

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The Leaky Bucket episodes

  • RANK 55: Maximising Success: The Vital Role of Mastermind Groups for Business Owners

    Look at what this thing did to us! 

    Does joining a MASTERMIND truly offer benefits, or is it simply an additional expense for a business? 

    Join us on the Leaky Bucket Podcast as we delve into the world of mastermind groups and explore their purpose for business owners like ourselves. 

    In this episode, we share our personal experience with the mastermind journey, including how it impacted our relationship with Sam (my dear wife) and the CHANGES within our business. 

    Did it affect us in a positive or negative way? Listen to find out!

    The episode is now Live!

    #theleakybucketpodcast #mastermindgroup #businesshelppodcast #businessowner #gloucestershire #mbsaccountants #accountingfirm #Accountants #businesstips

    Support the show

    We hope you enjoyed this episode

    You can find out more about us using the links below

    Know your Business Financial Health? Check this Score Card
    Ian's LinkedIn Account
    The Leaky Bucket Youtube Channel
    MBS Accountants Website

    27 min
  • RANK 56: This is the Love Language of Business

    Welcome to another enlightening episode of #TheLeakyBucketPodcast, hosted by Ian and Sam Morgan, the Accounting Firm Director Owner of MBS Accountants and a seasoned business growth coach.

    In today's episode, we're diving deep into the heart of business, discussing a topic close to every business owner's heart: "The Love Language of Business." ❤️

    Have you ever thought about how love and business intertwine? It might seem unusual, but trust us, it's a match made in entrepreneurial heaven. 

    Join us as we explore:

    🌟 The parallels between nurturing a thriving business and building a lasting relationship.
    💡 Practical strategies to infuse love and passion into your business endeavors.
    🔑 The secret sauce to creating long-lasting customer relationships.
    🧡 Why caring for your business's financial health is an act of love.

    But that's not all! We will also share personal anecdotes, insights, and actionable tips that have helped numerous businesses with their financial health and growth.

    So, whether you're a business owner, entrepreneur, or someone looking to understand the heart and soul of business, this episode is a must-listen. Get ready to discover how embracing the love language of business can transform your company's financial well-being.

    Tune in now and remember, at MBS Accountants, we're not just about numbers; we're about nurturing businesses to thrive, not just survive. 📈

    Don't forget to use #mbsaccountants and #theleakybucketpodcast to join the conversation and share your thoughts after listening! 💬

    Drop your email of topic suggestions, questions or anything at: [email protected]

    Support the show

    We hope you enjoyed this episode

    You can find out more about us using the links below

    Know your Business Financial Health? Check this Score Card
    Ian's LinkedIn Account
    The Leaky Bucket Youtube Channel
    MBS Accountants Website

    31 min
  • RANK 57: We received a Negative Review! - Not a Client

    In this Episode Sam and I talked about one of the ODDEST SITUATION we have encountered in our Business Life. 

    Time Stamps:

    1:16 Leak of the Week: Receiving a Negative Review from a Non-Client -business owners, pick your clients!
    7:52 Epic Win of the Week: Business Forecasting with one of our Clients
    9:56 Pick of the Week: a wonderful book by KIM SCOTT about Honesty - Sam living it
    15:57 Buzz of the Week: Contactless Payments - how does it affect us/others?
    21:07 Peak Behind the Curtain: Backpacking in Belfast
    23:55 Power Move of the Week: short trips could be AWESOME too!

    Tune in on this 4th Episode of Season 4 with me and my lovely wife Sam and enjoy tackling different topics we share our knowledge with.

    #businessowners #businesslife #badreview #leakoftheweek #businesshelppodcast #theleakybucketpodcast

    Drop your email of topic suggestions, questions or anything at: [email protected]

    Support the show

    We hope you enjoyed this episode

    You can find out more about us using the links below

    Know your Business Financial Health? Check this Score Card
    Ian's LinkedIn Account
    The Leaky Bucket Youtube Channel
    MBS Accountants Website

    28 min
  • RANK 58: The Time Trap: Business Owner vs. Business Operator

    In this installment, we tackle a common challenge faced by many business owners: UNDERVALUING THEIR OWN TIME

    While initially driven by a passion to fill a market gap and excel in their field, business owners can find themselves stuck in the day-to-day operations, overlooking their true worth as strategic thinkers and leaders.

    Join us as we explore practical steps to transition from being a mere business operator to a fully empowered business owner. By examining our time allocation and prioritising high-value and high-leverage tasks, we can redefine our roles, unlock our potential, and steer our businesses towards long-term success. 

    Stay tuned as we uncover the secrets to recognizing and optimizing the true value of our time as business owners. Let's dive in!

    #timemanagement #undervalued #businessowner #theleakybucketpodcast #mbsaccountants#gloucestershire

    Support the show

    We hope you enjoyed this episode

    You can find out more about us using the links below

    Know your Business Financial Health? Check this Score Card
    Ian's LinkedIn Account
    The Leaky Bucket Youtube Channel
    MBS Accountants Website

    16 min
  • RANK 59: The Accountex Agenda: Exploring the Latest at Accountex

    In this episode of the Heat Bucket Podcast, Liv interviews Ian about his recent experience at Accountex, the premier educational exhibition event in the accounting industry. They delve into the purpose of attending Accountex, the benefits, challenges, and key takeaways from the event.

    Key Points:

    • Accountex is an education and exhibition event for the accounting industry, featuring talks, panels, and a wide range of exhibitors showcasing products and services.
    • Ian explains their history of attending Accountex, from initially finding it unproductive to rediscovering its value during the COVID-19 pandemic.
    • The main benefits of attending Accountex include staying at the forefront of industry developments, challenging existing beliefs, learning from opposing opinions, and exploring new opportunities.
    • Ian and Liv discuss the importance of being open-minded and adaptable to new software and technologies in order to stay ahead in the accounting field.
    • They highlight the need for prioritisation and a strategic approach to navigating the overwhelming number of talks and exhibitors at Accountex.
    • Ian shares specific examples of how Accountex helped them address challenges and find solutions, such as arranging a session with a Hubdoc expert and gathering insights from industry experts.
    • They emphasize the importance of clarity and purpose in making the most of the event, while being selective about engagements and avoiding time-wasting activities.
    • Ian reflects on the value of travel time for thinking and planning, as well as the lessons learned from conversations with industry professionals at Accountex.
    • They discuss the importance of questioning one's own strategies and plans, overcoming imposter syndrome, and seeking external feedback to gain clarity and confidence.
    • The episode concludes with Ian's positive experience at Accountex, the answers they found, and the actionable takeaways that will shape their future plans.

    Support the show

    We hope you enjoyed this episode

    You can find out more about us using the links below

    Know your Business Financial Health? Check this Score Card
    Ian's LinkedIn Account
    The Leaky Bucket Youtube Channel
    MBS Accountants Website

    20 min
  • RANK 60: The Role of a Cohesive Leadership Team

    In this episode, we explore the critical role of a strong leadership team in achieving business success.

    -Building a cohesive and effective leadership team

    Discover how a well-structured leadership team can streamline communication inside and outside your company,. We'll discuss the impact of making the right decisions and providing clear guidance to your team.

    -a major leak! 
    from one of our provider that caused stress and hassle within our company and clients too!

    If you're a business owner looking to elevate your leadership game and drive your business towards prosperity, this episode is a must-listen.

    We want to feature your question on our next episode! Email us at [email protected]. 

    Don't miss out on this valuable discussion that could reshape the way you approach leadership in your business.

    Tune in now for insights and actionable takeaways to empower your business journey.

    #mbsaccountants 
    #theleakybucketpodcast 
    #businessleadership 
    #successstrategies
    #businessowners

    Support the show

    We hope you enjoyed this episode

    You can find out more about us using the links below

    Know your Business Financial Health? Check this Score Card
    Ian's LinkedIn Account
    The Leaky Bucket Youtube Channel
    MBS Accountants Website

    18 min
  • RANK 61: How to Create a DIY Cash Flow Forecast in 3 Simple Steps-for healthier and happier business

    In this lively episode of #theleakybucketpodcast, we're tackling a common headache for business owners

    - the chaos that ensues without a cash flow forecast.

    We've got the antidote: 

    "How to Create a DIY Cash Flow Forecast in 3 Simple Steps."

    Picture a world where you can predict, plan, and prosper. That's what a cash flow forecast does for your business.

    Join us as we break down the process into three super-easy steps that anyone can follow.

    Here's why you don't want to miss this:

    A cash flow forecast means
    financial stability,
    smarter decisions, and
    reduced stress.

    Who wouldn't want that, right?

    So, don't miss this episode – it's your ticket to a financially healthier and happier business!

    Ready to dive in? Hit that play button and let's get started. And for extra financial wisdom, remember to check out this link

    Support the show

    We hope you enjoyed this episode

    You can find out more about us using the links below

    Know your Business Financial Health? Check this Score Card
    Ian's LinkedIn Account
    The Leaky Bucket Youtube Channel
    MBS Accountants Website

    14 min
  • RANK 62: Top 5 MUST-READ Business Book from Ian and Sam Morgan this 2023

    In this exclusive episode, courtesy of Thrive Financial Coaching...

    we've got a treat for you.

    We're diving into the top 5 MUST-READ business books, handpicked by our very own business guru hosts, Ian and Sam Morgan. 

    These two have been in the business game for 15 years, and they've combed through countless books to fuel their success. 

    Join us in this episode as they spill the beans on their all-time favorites, the ones that have supercharged their own business journey.

    #businessbooks #bookrecommendation #top5books 


    Support the show

    We hope you enjoyed this episode

    You can find out more about us using the links below

    Know your Business Financial Health? Check this Score Card
    Ian's LinkedIn Account
    The Leaky Bucket Youtube Channel
    MBS Accountants Website

    29 min
  • RANK 63: Signs You're on the Growth Path: Are You Experiencing This?

    Podcast Description:
    In this episode of The Leaky Bucket Podcast, we dive deep into the signs that indicate your business is on the path to significant growth. 

    Episode Breakdown:

    • Introduction (0:00 - 3:30)
      • Welcome and brief overview of the episode.
      • Importance of recognising signs of growth in your business.
    • The Leak of the Week: Transitioning from 'Me' to 'We' (3:30 - 13:15)
      • Discussing the transition from being the face of the company to promoting the brand.
      • The challenge of letting go of client interactions.
      • Unexpected client departures and their impact.
      • Exploring the acceptable consequences of extracting the owner from the business.
    • The Epic Win of the Week: Thrive Financial Coaching Launch (13:15 - 23:45)
      • Introduction to the launch of Thrive Financial Coaching.
      • How coaching can provide remarkable results.
      • The motivations and reasons behind launching this initiative.
      • Initial successes and plans for the future.
    • A Peek Behind the Curtains: Personality Profiling (23:45 - 30:10)
      • Introduction to the Colby index and its implications.
      • Sharing insights about the host's unique personality profile.
      • A humorous family perspective on the term 'unicorn.'
    • The Power Move of the Week: Thrive Financial Coaching Launch (30:10 - 37:45)
      • Reflecting on the significance of launching Thrive Financial Coaching.
      • The impact it can have on business owners' lives and financial success.
      • The dedication and preparation involved in making this initiative successful.
    • Business growth Signs of growth Thriving in business Service-based businesses UK business Financial coaching Personal growth Personality profiling Business coaching Financial success

    Support the show

    We hope you enjoyed this episode

    You can find out more about us using the links below

    Know your Business Financial Health? Check this Score Card
    Ian's LinkedIn Account
    The Leaky Bucket Youtube Channel
    MBS Accountants Website

    28 min
  • RANK 64: Tackling Business Email Misunderstanding

    Tune in for an engaging discussion that touches on the
     
    1. nuances of business communication- They share a real-life email exchange where an email's tone was ambiguous.

     2. value of teamwork-the role of core values in teamwork, and the power of alignment within a team.

    all while enjoying some

    humorous anecdotes from Sam and Ian's holiday mishaps!

    Don't miss this episode where they reveal a significant challenge they faced and discuss how they addressed it with a fresh perspective.

    Remember to use #mbsaccountants and #theleakybucketpodcast to join the conversation and stay updated on the latest episodes.

    #emailmisinterpretation
    #businessemail
    #businessnuances

    Support the show

    We hope you enjoyed this episode

    You can find out more about us using the links below

    Know your Business Financial Health? Check this Score Card
    Ian's LinkedIn Account
    The Leaky Bucket Youtube Channel
    MBS Accountants Website

    28 min

About The Leaky Bucket

From the publisher's feed

Most service businesses are leaking profit — through costs they've stopped questioning, margins they've never properly tested, clients they've quietly lost, and revenue they've never asked…