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FBP 144: Common Sense Is Not So Common After All

In this week’s podcast Andy Sleet and Ray Moore discuss the difference between knowledge and understanding and why common sense is not so common after all.

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.

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FBP 140: Stop relying on experience to take your business forward

How much do you rely on your business experience? What would happen is something happened that was outside your comfort zone? Ray Moore and Andy Sleet cover the six occasions where your business ownership experience may not be enough.

Read Ray Moore's blog.

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.

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FBP 139: Family Business And Succession Strategy

Whilst owning your business you have probably learnt a lot from the ‘school of hard knocks.’ But, when it comes to passing your business on to the next generation it takes much more planning and strategy in order to make it a success.

Tune in as family business and succession expert, Ray Moore, talks on how to make a success of succession.

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.

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FBP 138: 10 Habits of Hugely Successful Business Owners – Back to Basics

This week business coach and expert in rapid growth, Peter Boolkah, discusses the Rockefeller Habits. These are the ten habits of the successful businessman, J.D. Rockefeller, founder of the Standard Oil Company. Find out how the Rockefeller Habits help businesses achieve business growth.

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.

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FBP 137: From Worker to Owner – The critical mindset change

This week Ray Moore looks back at an earlier Podcast – Where’s the Captain? Think of your role as business owner as the captain of a large ship. You would expect a ship’s captain to spend most of their time on the bridge, where they have the best visibility. Ray Moore and Andy Sleet explain how this corresponds to your role as business owner and why your mindset must change as your business grows.

Read more on Ray Moore’s blog for SMEs: www.thelevelsblog.com/wheres-the-captain/

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.

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FBP 136: Preparing your business for sale – Back to Basics

Preparing your business it about adding value and creating a business that operates without you. Andy Sleet explains that this is the key freedom and choice for the business owner. The business owner can choose to work in the business and, if they choose to sell, they can sell it for a cash sum that truly reflects its worth.

Tune in to hear why you should ready your business for sale, even if you’re not selling your business!

Ray Moore covers this topic on the Levels Blog.

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.

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FBP 133: Staying Relevant in a Changing Business Environment – Back to Basics

Ray Moore is back on the Fluid Business Podcast’s Back to Basics series! This week Ray explains why business owners can’t wait for change to happen. To stay successful, business owners need to proactively adapt to the environment and be fully aware of industry trends.

Read Ray's article on why businesses need to adapt.

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.

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FBP 131: Workplace Values vs Results – Getting the right team – Back to Basics

Next on the Back to Basics series, Andy Sleet looks back to Episode 12, which is based on the topic of team. He asks the question: If you had the choice, would you happily rehire all of your employees?

The biggest challenge for business owners can be their team. Andy shares that many don’t think that ALL of their employees share their company’s values as well as getting great results. Andy is joined by Laura Emery to go through a real-life example of how to manage employees that fall into different areas of the Values vs. Results Matrix.

Join The Levels Blog to read more on this topic. 

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.

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FBP 130: What’s Holding Your Business Back?

You’ve grown your business to its current size, but now you’ve hit a wall. What’s your next move?

In this episode, Peter Boolkah helps you to identify which area of your business is stuck and how to fix it. Peter also discusses some of the common excuses and mistakes that people make and how to avoid getting stuck on business growth.

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.

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Don’t lose sight of your end goal

One of the most challenging things for business owners is to grow their mindset along side their business – transitioning from the ‘Worker’ mindset to the ‘Owner’ mindset.

Ray Moore categorises the different mindsets as the ‘hats’ the business owner wears. There are five hats that, these are:

Worker – Gets on with daily work tasks and activities – doing the do!

Supervisor – Delegates activities to others. Sets and aligns the priorities to achieve the plan. Also gets on with their ‘real work’ – doing the do.

Manager – Agrees milestones (budgets, plans, targets etc.) with the Director and delegates tasks to others in order to achieve the plan. In addition, they get on with their ‘real work’ – doing the do!

Director – Sets the direction of the business that will achieve the objectives set by the owner. They set and agree the Managers goals to ensure they are aligned and regularly monitor the progress against agreed milestones. In addition, they have their own priorities, which they see as their ‘real work.’

Owner – Sets the objectives of the business (the End in Mind). They inspire and enrol the Directors and ensure the direction set is aligned to the vision, then regularly monitor progress against the plan. In addition, they set their own priorities and spend a proportion of time getting on with what they see as their ‘real work.’

Which hat do you wear the most in your business?

In large corporations, job roles are often more defined and there is a clearer hierarchy. People are more likely to spend the most time wearing the hat that corresponds with their job title.

However, things are different in SMEs. The lines are blurred around roles and titles and the business owner is likely to wear many of the hats, from Worker to Director – and they probably change hats many times a day!

The key to successfully transitioning through the Levels and growing your business, lies in the proportion of time you spend wearing each hat. Getting too comfortable wearing the wrong hat is a real danger to your business and business growth, and can result in your business becoming short sighted.

In the definition of each hat, you’ll see that they all have ‘real work’ to get on with. Don’t lose sight of the end goal for your business, whether its security or freedom. The only way to reach it is by changing the way you think. And, if you don’t, you’ll be stuck in the daily grind forever.

Based on Ray Moore's second book: Can YOU Step Up To The Growth Challenge?

Ray Moore and Andy Sleet cover this topic in more detail on the Fluid Business Podcast, listen below: