28 - Secrets to Balancing Work and Family as a Business Owner
Lucky 13 - All Things People AND Profit
Release Date: 11/25/2024
Lucky 13 - All Things People AND Profit
In this episode, hosts Mike Lantz and Josh Hauser broadcast from their new studio at Launch Fishers, sharing personal stories before diving into the importance of leadership teams in business. They explain how a strong leadership team can significantly boost a company’s valuation, especially when preparing for sale. The hosts introduce the first steps of a seven-step talent planning process: aligning future organizational charts with company vision and identifying pivotal roles. Emphasizing people as strategic investments, they encourage business owners to proactively develop talent and...
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In this episode of the Lucky 13 podcast, hosts Mike Lantz and Josh Hauser discuss IU football before welcoming guest Ben Carnes, a former football coach, mental trainer, and entrepreneur. Ben shares practical mental training techniques, such as the "focus cycle" and "four boxes" framework, to help entrepreneurs manage overwhelm, build confidence, and confront challenges. The conversation highlights the importance of honest self-assessment, combating negative self-talk, and celebrating progress. Listeners are encouraged to apply these mental strategies in both sports and business to...
info_outlineLucky 13 - All Things People AND Profit
In this episode of the Lucky 13 Podcast, hosts Mike Lantz and Josh Hauser talk with guest Ben Carnes about the vital role of mental training in sports and business. Ben shares his journey from coaching football players to helping entrepreneurs, introducing practical tools like the "focus cycle" for managing stress and improving performance. The discussion covers breathing techniques, positive affirmations, and focus management, emphasizing resilience and the universal value of mental skills. Listeners are encouraged to apply these strategies to overcome setbacks and achieve success in any...
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In this episode of the Lucky 13 Podcast, hosts Mike Lantz and Josh Hauser discuss the vital role of data in business success. They share personal stories, including family updates and an upcoming wedding, to highlight the importance of relationships. The conversation centers on how accurate data enables better control, profit management, and employee accountability. They emphasize adopting a “profit first” mindset and using key metrics to drive decisions. The episode concludes by stressing that while profit is essential, balancing it with care for people is crucial for sustainable growth....
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In this episode of the Lucky 13 podcast, Mike Lantz and Josh Hauser discuss the importance of intentional time management and work-life balance. They reflect on a recent Pacers vs. Knicks game before introducing the "eight by eight by eight" framework for dividing time between work, sleep, and personal life. Sharing personal stories and practical tips, they encourage listeners to audit their schedules, prioritize commitments, and use tools to track time. Emphasizing flexibility and purpose, they inspire the audience to make conscious choices that align with their values and lead to a more...
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In this episode of the Lucky 13 podcast, hosts Mike Lantz and Josh Hauser share personal stories about family milestones, summer travel, and the challenges entrepreneurs face during seasonal transitions. They discuss the importance of intentional planning, maintaining discipline, and achieving balance through the "eight by eight by eight" rule—dedicating equal time to work, sleep, and personal well-being. Emphasizing relationships, self-care, and purposeful living, Mike and Josh offer practical advice for navigating busy summer months while staying focused on both business and personal...
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In this episode of the Lucky 13 podcast, hosts Mike Lantz and Josh Hauser explore the latest trends in employee engagement, referencing Gallup’s Q12 survey and recent research on workplace culture. They discuss the decline in engagement, the impact of mid-level management, and why employees leave—highlighting issues like poor leadership, lack of meaningful work, and toxic culture. The hosts emphasize the importance of trust, recognition, flexibility, and value alignment, offering practical insights for leaders seeking to improve retention and create a more positive, engaged workplace....
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In this episode of the "Lucky 13" podcast, Josh Hauser and Mike Lantz discuss the critical issue of declining employee engagement in the U.S., referencing a recent Gallup report. They explore the Gallup Q12 survey, which measures engagement through 12 questions, and emphasize the pivotal role of middle management in fostering a positive work environment. Key strategies for enhancing engagement include empowering managers, integrating engagement into daily operations, aligning efforts with organizational goals, providing development opportunities, and fostering a culture of recognition....
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In this episode of the Lucky 13 podcast, co-hosts Josh Hauser and Mike Lantz discuss the critical topic of employee engagement, drawing insights from Gallup's 2024 engagement report. They highlight the alarming decline in global and U.S. engagement scores and the significant financial impact of disengagement on productivity and turnover costs. The conversation emphasizes the importance of a robust company culture and effective management practices in retaining engaged employees. They also introduce Gallup's Q12 questions, designed to measure employee engagement, and stress the need for...
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In this episode of the Lucky 13 podcast, hosts Mike Lantz and Josh Hauser discuss the importance of setting boundaries and the power of saying "no" in both personal and professional contexts. They explore how societal pressures often lead to overcommitment and burnout. The hosts share practical strategies for effectively communicating "no," such as using "I" statements and practicing empathy. They emphasize the significance of knowing one's priorities and practicing self-care to avoid capacity issues. Through personal anecdotes, they highlight the benefits of prioritizing one's well-being and...
info_outlineIn this episode of Lucky 13, Mike and Josh explore the complexities of balancing business ownership with family life. They share personal anecdotes, including reflections on Indiana University football, to illustrate broader themes of success, accountability, and shared values. The discussion emphasizes the importance of work-life integration, regular date nights with spouses, and fostering strong family connections. They highlight the significance of communication and cultural fit in both business and family settings. Ultimately, the episode underscores the value of prioritizing family and leading by example to achieve a fulfilling balance between personal and professional life.
Introduction and Energy Levels (00:00:08)
Mike and Joshua discuss their energy levels and beverages before diving into the podcast.
Welcome to the Podcast (00:00:45)
Mike introduces the podcast and his co-host, Joshua, while expressing excitement for the episode.
Indiana University Football Experience (00:01:16)
Joshua shares his experience at an Indiana State football game and the atmosphere of college gameday.
Excitement for IU Football (00:02:10)
Mike talks about the excitement surrounding Indiana University football's unexpected success this season.
Personal Anecdote about Mason (00:03:01)
Mike shares a story about his son Mason's bet on IU football's playoff chances and family dynamics.
Life Events as Leadership Lessons (00:04:08)
Mike expresses frustration with turning life events into leadership lessons but acknowledges a relevant example.
The Impact of One Hire (00:04:40)
Discussion on how a single hire can transform a team or organization, referencing IU's new coach.
Cultural Changes in Teams (00:05:15)
Mike elaborates on the importance of culture in teams and how new hires can influence this.
Leadership and Hiring Insights (00:07:09)
Joshua emphasizes the significance of personal connections over resumes when hiring key employees.
Purpose Over Routine (00:08:16)
Joshua discusses the shift from merely going to work to finding purpose in daily activities.
Balancing Business and Family (00:08:55)
Mike and Joshua transition to discussing the challenges of balancing business ownership and family life.
Prioritizing Family and Business (00:10:20)
Joshua shares insights on prioritizing family and business responsibilities effectively.
The Life of "And" (00:10:45)
Joshua introduces the concept of living a life that incorporates multiple roles without sacrificing any.
Family Planning and Shared Goals (00:12:09)
Mike emphasizes the importance of having a family plan and aligning goals with partners.
Parenting and Business Leadership (00:13:03)
Joshua discusses the parallels between being a good parent and a successful business leader.
Three Rules for Parenting and Leadership (00:13:49)
Joshua outlines three key rules for effective parenting that also apply to business leadership.
Walking the Talk (00:14:34)
The importance of modeling behavior for children and employees to foster trust and consistency.
Reflections on Parenting and Mistakes (00:14:56)
Mike shares lessons learned from parenting mistakes, emphasizing the importance of priorities.
Workaholism and Realizations (00:15:16)
Mike discusses his past workaholic tendencies and the realization of true priorities in life.
Setting Boundaries Between Work and Family (00:16:31)
Joshua talks about the importance of separating business from family time to maintain presence.
Work-Life Integration vs. Balance (00:17:52)
Mike explains the concept of work-life integration, contrasting it with the unrealistic idea of balance.
Importance of Date Nights (00:19:19)
The speakers highlight the significance of regular date nights for maintaining a strong marital bond.
Deep Check-Ins with Spouses (00:21:00)
Joshua emphasizes the importance of designated time for meaningful conversations with spouses.
Encouraging Kids' Involvement (00:22:07)
Mike discusses the philosophy of keeping kids busy to prevent trouble and foster open communication.
Being Present for Both Good and Bad (00:23:11)
Joshua stresses the importance of being present for both successes and challenges in children's lives.
Recognizing the "Yes Kid" (00:24:05)
Mike warns about the "yes kid" phenomenon, encouraging parents to pay attention to quieter children.
Creating a Supportive Family Environment (00:27:07)
The speakers discuss the importance of fostering sibling relationships and family support.
Culture and Relationships in Business (00:28:17)
Mike shares insights on business culture and the importance of fostering relationships among team members.