Takeaways

• You must protect your business's culture and mission.
• Savage decisions may be necessary to maintain your mojo.
• Not all investors have your best interests at heart.
• Building a business is about more than just making money.
• The right people can elevate your business's purpose.

Suggested Content

🎤 Ditch The Suits Patreon

🖥️ Ditch The Suits Website

🎙️ One Big Thing Podcast

Takeaways

• If you're frustrated at work, consider making a change.
• Your skills can be applied in various fields.
• Leadership is crucial for organizational change.
• Entrepreneurs take risks that others won't.
• Business requires both art and science.

Suggested Content

🎤 Ditch The Suits Patreon

🖥️ Ditch The Suits Website

🎙️ One Big Thing Podcast

Takeaways

• Growth should not come at the expense of control.
• Transforming client experience can differentiate a business.
• Training all staff on client service is essential.
• Employee and customer focus must be balanced.

Suggested Content

🎤 Ditch The Suits Patreon

🖥️ Ditch The Suits Website

🎙️ One Big Thing Podcast

Takeaways

• Creativity is inherent in everyone; it's about willingness to try.
• Thinking differently can lead to new revenue sources.
• Being proactive in finding solutions is crucial for growth.
• Businesses should align services with customer needs.
• Growth means finding unique paths that differ from the majority

Suggested Content

🎤 Ditch The Suits Patreon

🖥️ Ditch The Suits Website

🎙️ One Big Thing Podcast

Takeaways

• Bureaucracy can hinder decision-making and slow down processes.
• Growth should be controlled to maintain a company's distinctiveness.
• Empowerment must be clearly defined for effective leadership.
• A strong organizational culture can overcome product failures.

Suggested Content

🎤 Ditch The Suits Patreon

🖥️ Ditch The Suits Website

🎙️ One Big Thing Podcast

Takeaways

• Exit planning involves regular refresh cycles to assess business vulnerabilities.
• Succession planning is crucial for smooth ownership transitions.
• Cleaning up financial records can rejuvenate a business owner's commitment.
• Authenticity in leadership is essential for building trust and culture.
• Flexibility allows businesses to adapt to changing circumstances.
• Leaders must be open to new ideas and perspectives for growth.

Sponsors

🌱 S.E.E.D. Planning Group

🎤 Ditch The Suits Patreon

🖥️ Ditch The Suits Website

🎙️ One Big Thing Podcast

Takeaways

• Succession planning should be a continuous process, not a last-minute decision.
• Every entrepreneur will eventually leave their business, whether by choice or circumstance.
• Planning for an exit can enhance the business's value while the leader is still present.
• Identifying and developing potential successors is crucial for reducing key employee risk.
• Maintaining control while sharing equity can motivate employees and secure the business's future.

Sponsors

🌱 S.E.E.D. Planning Group

🎤 Ditch The Suits Patreon

🖥️ Ditch The Suits Website

🎙️ One Big Thing Podcast

Takeaways

• The DNA of a small giant is sticking to your purpose.
• Creating new opportunities can help retain talent.
• Spin-offs can provide growth without diluting the brand.
• Communication during crises can foster trust and loyalty.
• Maintaining brand identity is crucial for business success.
• Education can be a separate venture that supports the main business.
• Adapting to market needs can lead to innovative solutions.
• It's important to balance multiple business identities.
• Financial planning requires evolving services to meet client needs.
• Purpose-driven businesses can thrive through strategic pivots.

Sponsors

🌱 S.E.E.D. Planning Group

🎤 Ditch The Suits Patreon

🖥️ Ditch The Suits Website

🎙️ One Big Thing Podcast

Takeaways

• Culture is a combination of actions and behaviors.
• You cannot fake culture; it must be genuine.
• Culture is the unwritten constitution of a company.
• Good culture is like a healthy immune system.
• Bad culture can lead to organizational failure.
• Leadership is responsible for cultivating culture.
• Culture is experienced, not just learned.
• A strong culture can expel negativity quickly.
• Culture is present in every aspect of the organization.
• Good leaders do not allow bad cultures to persist.

Sponsors

🌱 S.E.E.D. Planning Group

🎤 Ditch The Suits Patreon

🖥️ Ditch The Suits Website

🎙️ One Big Thing Podcast

Takeaways

• Properly trimming your client base is essential for organizational health.
• Reputational risk is particularly significant for smaller companies.
• A client that was once a great fit may no longer align with your business.
• Engagement and profitability must be balanced for both clients and employees.
• High-paying clients with low engagement can harm your reputation.
• Employees with high engagement but low compensation risk burnout.
• It's crucial to keep employees compensated fairly to prevent poaching.
• Constantly evaluate your client base to ensure alignment with business goals.
• Finding solutions for clients who no longer fit is key to maintaining relationships.
• Utilizing engagement and profitability charts can help in decision-making.

Sponsors

🌱 S.E.E.D. Planning Group

🎤 Ditch The Suits Patreon

🖥️ Ditch The Suits Website

🎙️ One Big Thing Podcast