101 - Don't Be Held Hostage

Deep Dive
Written By Guest User

Are you being held back or taken hostage in your business? You may not know it (or maybe you do) but oftentimes business owners will have an employee or a vendor that they just can’t let go of or part ways with for whatever reason. That situation creates a huge bottleneck in their business and stunts their growth. The exact thing that’s holding you back could also be yourself! Learn how to make decisions that create forward momentum in your business by listening to our episode and leaving whatever may be holding you hostage at the door.

Show Notes

  • 00:00 - Intro

  • 01:15 - Adios to Lincoln Riley

  • 03:00 - Is Your Business Holding You Hostage?

  • 13:00 - Don’t Let Software Be Your Bottleneck

  • 23:00 - Know What You Want & Stick To It

  • 34:00 - Let’s Talk About Sustainable Growth

  • 42:20 - Rollercoaster Profits

  • 47:00- Outro


Quotable Moments

  • “Hostage is when your company is dependent on a person instead of a system or a process.” – M

  • “Create something that you’ll be able to replicate and not have to rely on the top talent to do, but that you’ll be able to train to learn.” – K

  • “While they could stick with the same software, it’s just not a fit anymore and it doesn’t make them more efficient.” – K

  • “Have an idea of what you want rather than just deciding based on the pitch.” – M

  • “Your vision is just what you want.” – M

  • “Sometimes, when you don’t stick to your price and you lower it, what ends up happening is that you create more chaos for yourself.” – K

  • “These challenges that you think are overwhelming and unique to you… they’re not. I’ll find you 5 people with the exact same issue.” – M

  • “You can’t listen to this and try and do all these things at once. There’s something that’s more important than anything else and you need to work on that thing until it’s no longer the short stave in the barrel.” – M


Resources


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