Charlotte Richardson-Beck No Comments

FBP 102: You Ask We Answer: What makes a business a family business?

We asked for your family business questions, so this week Hugo Heij and Ray Moore are answering this listener’s question:

“I’ve employed my son and daughter in my business and hope that they will take over one day. But other people in the business seem resentful towards them. How can I resolve this?”

Hugo and Ray delve into why business owners need to make a conscious and open decision about bringing family members into the business.

Our team of professional business coaches share their expert knowledge and experience every single week, empowering you, the business owner, to develop and grow your business the right way.

Join us as we cover core subjects areas in our unique and relaxed way, including: Rapid Growth, Family Business, Team, Efficiency and so much more.

Fluid Business Coaching No Comments

FBP 092: Learnings from Necker Island

 

This week on the Fluid Business Podcast Hugo Heij and Peter Boolkah sit down to discuss Peter's recent trip to Necker Island with Sir Richard Branson. What were his key learnings? Listen to find out.

 

Our team of professional business coaches share their expert knowledge and experience every single week, empowering you, the business owner, to develop and grow your business the right way.

Join us as we cover core subjects areas in our unique and relaxed way, including: Rapid Growth, Family Business, Team, Efficiency and so much more.

 

 

Charlotte Richardson-Beck No Comments

FBP 091: Scale your business with Andy Sleet – Certified Gazelles Coach

Having recently achieved the Gazelles Coaching Certification, Andy Sleet talks through the framework including the Four Decisions – People, Strategy, Execution and Cash. These components are the recipe for scaling up high-growth businesses and achieving balanced business growth.

Andy is now certified alongside Peter Boolkah, making Fluid Business Coaching the only Gazelles Certified Business Coaching Practice in the UK.

To find out more about each of the four decisions, listen to:

FBP 054: Scaling Up – People with Peter Boolkah

FBP 055: Scaling Up – Strategy with Peter Boolkah

FBP 056: Scaling Up – Execution with Peter Boolkah

FBP 057: Scaling Up – Cash with Peter Boolkah

Read more here.

Our team of professional business coaches share their expert knowledge and experience every single week, empowering you, the business owner, to develop and grow your business the right way.

Join us as we cover core subjects areas in our unique and relaxed way, including: Rapid Growth, Family Business, Team, Efficiency and so much more.

Charlotte Richardson-Beck No Comments

Andy Sleet achieves Gazelles International Certification

 

We’re proud to announce that Fluid Business Coach, Andy Sleet, successfully achieved Gazelles International Certification in April this year. Andy is now one of only six Gazelles International coaches in the UK, joining fellow Fluid Business Coach Peter Boolkah. Andy’s certification means that Fluid Business Coaching is the only Gazelles Certified Business Coaching practice in the UK.

Gazelles International is a worldwide coaching association that uses the using the Four DecisionsTM as the framework for growth. The Four Decisions are based around People, Strategy, Execution and Cash. These Four Decisions are the foundation for scaling up high-growth businesses and achieving balanced growth.

To find out more about each of the Four Decisions, click here.

Certified Coaches are able to assist their clients to implement the Four Decisions framework and One-Page Strategic Plan to align and focus them to achieve their goals. Andy’s expertise enable him to coach SME business owners and leaders to accelerate growth and get real results.

Within the Levels Framework, the Gazelles ‘toolbox' is usually used to grow businesses from a Level 3 to a Level 5 business. On Episode 091 of the Fluid Business Podcast, Andy explains how it can be used to grow Level 1/2 businesses that are ready and willing to approach high growth.

Ray Moore interviews Andy Sleet about his Gazelles Certification, listen below.

Andy has over 25 years of experience working within a corporate environment and has extensive experience of managing large teams. Before becoming a Business Coach, Andy owned a successful construction business, which means he understands the challenges that business owners face. If you’d like to find out how Andy can help your business, book a free one-hour taster session.

 

Charlotte Richardson-Beck No Comments

Adapt or die, the choice is yours

Written by Ray Moore.

In today’s rapidly changing environment, businesses need to proactively adapt and ‘keep up’ with the pace of change. Any business that resists changing to market and industry developments faces loosing their competitive edge and ending up in an ‘evolutionary cul-de-sac.’ Here are the top two ever-changing areas that SMEs should focus on:

Technological advancements

Without change, we would still be using cash as our main method of payment. In the podcast (Episode 090), Andy and I chat about a high-street retailer that resisted the change from cash to using credit cards, which had a detrimental effect on the business. Technology advancements are often the catalyst for change and although it can be seen as a disruptor at first, in the long run it is likely to make for smoother and more convenient processes.

Customer expectations

Using the example of payment methods again; we know that card payment is the norm in almost all shops and restaurants. Customers expect to be able make card payments and don’t carry much cash around with them. Any business not accepting card payments is going to inconvenience customers and fail to meet their expectations.

The expectations your customers have are constantly changing. Today, many customers expect to be able to make contactless payment and in the near future your customers may expect something else. Being in touch with trends, your competition and industry developments is essential to meeting your customers’ needs.

As I mentioned in the Podcast, small businesses are not just competing locally, regionally or even nationally anymore, we are all competing in a much more globalised world, therefore we need to embrace the changes and not fall behind the curve.

Read more about this topic on my blog.

Charlotte Richardson-Beck No Comments

Build your own economy

For many business owners it is often a hard slog to continually be generating new business. Whilst many deliver great customer service and care to their existing clients, their influence is limited for the business. This means the chance of increasing fees and selling additional products can be a step too far.

If you looked at your client base, do you know how their businesses are performing? If your clients are struggling, the risk of exposure to bad debts increases.

So, What Does It Actually Mean to Build Our Own Economy?

Imagine that all of your clients had great control in their business; we are not just talking from a financial point of view but delivery of their products, strong systems and process in place, an exceptional team driving the business forward with a strong leader. Not only is that business going to be stronger but it provides upsell and additional product opportunities for you.

How Do We Create Our Own Economies?

There are a few main points to consider.

  • Educate your community – by this we mean educating your suppliers, your existing clients, everyone you have regular contact with. So they share the same understanding about how to develop their business as you do! Have you read a book recently that changed the way you run your business? Why keep it a secret if the benefits to your business could be so great.
  • Sharing Core Values – Doing business with people who feel the same way towards their business as you do. Why would you want to carry someone who does not have the same thinking as you and could potentially be dangerous to your budding community?
  • Success through association – When we start to build our own economies we need to associate with people who are operating, as we want to. As time goes on and your community develops things change and people will look to you to understand.
  • Always create a win-win.

As we build stronger businesses within our own communities we create a safe environment for our clients and community members to do business with one another. By giving them the peace of mind that the others in our community are as strong as they are, we build our own thriving economy.

Listen to Andy Sleet and Hugo Heij discuss building your own economy in more detail on the Fluid Business Podcast:

Charlotte Richardson-Beck No Comments

FBP 084: Set and achieve your business goals

Setting goals in your business is a great contributor to success. Goals provide direction and will help to align the business owner with the team. This week on the Fluid Business Podcast, Andy Sleet and Hugo Heij explain how to achieve your ideal life by setting and achieving business goals.

Our team of professional business coaches share their expert knowledge and experience every single week, empowering you, the business owner, to develop and grow your business the right way.

Join us as we cover core subjects areas in our unique and relaxed way, including: Rapid Growth, Family Business, Team, Efficiency and so much more.

Charlotte Richardson-Beck No Comments

FBP 083: Developing the next generation of leaders

Future leaders should be identified and given the opportunity to grow and reach their potential. On this episode of the Fluid Business Podcast, Andy Sleet and Ray Moore discuss how to develop the next generation of leaders.

Our team of professional business coaches share their expert knowledge and experience every single week, empowering you, the business owner, to develop and grow your business the right way.

Join us as we cover core subjects areas in our unique and relaxed way, including: Rapid Growth, Family Business, Team, Efficiency and so much more.

Charlotte Richardson-Beck No Comments

Never answer your phone in meetings: Here’s why…

Written by Hugo Heij

It's easy to overlook the importance of meeting etiquette and how seemingly harmless actions can have a bigger impact on those around you.

Have you ever phoned someone, and they answered the phone whispering if they can call you back because they are in a meeting? (Or do you recognise yourself in this? -> Read on!)

When this happens a few major errors in judgement are taking place. And I know, these are big words, so let me explain them to you.

Error #1:

By answering the phone, you lost connection with the person or people you are meeting with. You have made the conscious choice that answering the phone was more important than paying attention. This does not pay much respect to the people you are meeting with.

Error #2:

By answering the phone, you delayed the meeting, and you forced the other participants to spend more time in the meeting, because the meeting rhythm has been disturbed. Hijacking other people’s time. Ouch!

Error #3:

The fact you know someone was calling, meant you had it either ringing (oops, sorry. Forgot to put in on silent), or buzzing on the table (yes, other people do notice that and it distracts), or flashing in front of you (that is also being noticed!) or your smartwatch has notified you (congratulations with your new gadget). Whatever triggered you to answer the phone, meant that the meeting has been distracted and your call has prevailed over the bigger cause you are meeting for. What is your priority?

Error #4:

By answering the phone, you have given your caller the initial joy you answered, for it to be followed by a short question, ‘Can I call you back?’ This does not pay much respect to the person calling you either.

Error #5:

By answering the phone, you have robbed me from the opportunity to leave you a message or question, so you can think about the answer, before ringing back. This could potentially have saved us both time. Thanks!

Solution:

When you are meeting somebody, please switch off your phone, or leave it in the car or in your bag. If I call you in that moment, I am absolutely fine to leave you a message or for you to call me back at your own leisure. I won’t be upset, feel left out, or think I am being ignored.

Please pay respect to those you are meeting with. Give them your full and undivided attention. They deserve it, and it will save you time!

And if you are expecting that extremely important phone call; notify the meeting in advance. We all have those phone calls from time to time.

Vice Versa

If you call me and you get my voicemail, please don’t take it personally. It’s not that you are not important. It’s not because I don’t want to speak to you. It’s not that I am ignoring you.

It’s simply, because I choose, at that moment, to give my full attention, to the person I am meeting with. And yes, that is sometimes myself.  Just leave me a short message, and I will call you back.

 

In Episode 081 of the Fluid Business Podcast, Hugo Heij discusses meeting etiquette in more depth with Andy Sleet.

Related podcasts:
FBP 022: Meeting rhythms
FBP 065: Rules of a team meeting

Fluid Business Coaching No Comments

FBP 069: How To Get Massive Improvements In Your Business

 

In episode 069 of the Fluid Business Podcast Ray Moore and Andy Sleet discuss how to get major improvements within your business.

 

Our team of professional business coaches share their expert knowledge and experience every single week, empowering you, the business owner, to develop and grow your business the right way.

 

Join us as we cover core subjects areas in our unique and relaxed way, including: Rapid Growth, Family Business, Team, Efficiency and so much more.