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034: Bring Your Business to a New Level with Financial Prowess

Frickin' Awesome Entrepreneur

Release Date: 08/28/2018

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As small business owners, when we start our business, the ultimate goal is to hit a certain figure and be successful, which is what we had always imagined it to be. Anytime that happens, we celebrate and give ourselves a tap on the back for a job well done. But mind you, celebrations can often be short lived, and soon we find out that while we were still high on the success, the stress and challenges were keeping up too. New level, new devil—as I’d like to say. This episode today tackles the issues and challenges that a seven or six-figure business deals with.

I asked my friend Chris to come and join us today. He has willingly shared two major drawbacks that he’d experienced, and together, we will share with you how you can take this challenge head on, what systems and processes to employ, keeping that check and balance, that way we can keep problems at bay or from resurfacing. There’s a lot in store for you in this episode; so clear your head, prepare your pens for some serious note taking because what we share here today might be helpful for you today, or in the future.

 

About Chris Taylor

As President & CEO of Actionable.co, Chris Taylor helps business consultants bring learning sustainment and measurable behaviour change to their client engagements.  As the host of iTunes #2 ranked business podcast The 21st Century Workplace, Chris regularly hosts conversations with the world’s leading thinkers on leadership, change management and employee engagement, bringing his trademark curiosity and humour to the complex topics of business strategy and professional management. Chris has penned over 150 articles on aspects of our new world of work, and is a regular speaker on stages domestic and abroad.

 

Chris’ Top 5 StrengthsFinder Themes:

 

  • Futuristic
  • Strategic
  • Communication
  • Activator
  • Positivity

 

Listen in Now!

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Key Takeaways

  • If you feel that the business objectives of the organization you work for are aligned with your personal objectives in a truly deep, meaningful way, that does nothing but positive things.
  • The real challenge is taking a pause, how to take one or two ideas, and how to apply those in your life in a way that has lasting impact.
  • Understanding how those strength themes are wired can help you redirect it.
  • Work with people that are doing powerful work in their own space and find a way to support them in their work.
  • Hone in on the craft of presenting, and organizing, messaging around stories, and how to make that meaningful for the audience.
  • The more people you have, the harder it is to get everyone across.

Time-Stamped Show Highlights

  • [01:20] An intro that made our guest glow.
  • [03:42] A look at Chris’ background and history.
    “It’s not the sort of make-money-while-you-sleep but having a thing that people can consume on their own time.”
  • [06:43] What is Actionable?
    “We actually take concepts and convert them into something practical, something actionable.”
  • [11:33] That one tough call Chris made but paid-off well.
  • [12:19] How did Chris make that single greatest decision?
    “When I started the business on day one, there was two things I wanted to do with the business.”
  • [13:39] Chris’ brilliant top five strengths
  • [18:14] What is the vision for Actionable?
    “I would say multifaceted but there’s really two components to it.”
  • [22:44] The two main challenges Chris is facing in his business: growing community and money.
    “It doesn’t matter what the multiple is, the mindset, the challenges, the mistakes that I’ve made in regards to the small amounts of money just compound.”
  • [24:03] Alissa digs in deeper around Chris’ money issues.
  • [28:54] How can Chris surpass his challenge on the business finances.
  • [34:10] Alissa gives Chris a tip that she had just recently implemented in her business too.
  • [35:40] How to find the Actionable platform.
  • [37:14] Podcast recommendation of the week!

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