The Leaky Bucket

Ian Morgan

Uncovering the Truth Behind Entrepreneurship: A Behind-the-Scenes Look at the Challenges and Triumphs of Business Owners

The leaky bucket podcast takes a look behind the scenes of entrepreneurs' businesses into what really happens and goes on.  We uncover the real truth rather than the social-media-ready posts that make things look amazing.  We uncover and understand the trials and tribulations that business owners face and what it takes to go from challenge to challenge with renewed vigour.

In this series, we'll dive into the nitty-gritty of how we started our business, the obstacles we faced, and the processes we developed to overcome them.  We'll share our experiences and lessons learned, giving you a real-world view of what it takes to build a successful business.  Not only that we will provide real insight into the challenges and the successes happening right now as we live them.


We might be accountants but this isn’t about accounting.  This is about owning a business, the resilience required to overcome the constant challenges and how to take you and your business to new levels that you have never been before.


We know that running a business can be tough, but it's also rewarding.


Our hope is that by sharing our stories, we can help you to navigate the challenges and also ensure you celebrate the victories.

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Episodes

BONUS EPISODE of RANK 16: A Journey to Outstanding with Sonia Gill of Heads Up
Dec 26 2023
BONUS EPISODE of RANK 16: A Journey to Outstanding with Sonia Gill of Heads Up
In this bonus episode, we reflect on RANK 16: A Journey to Outstanding with Sonia Gill of Heads UpDelving into powerful lessons on navigating difficult conversations and adapting business strategies in times of crisis. Join us as we unpack insights into leadership, adaptability, and achieving goals amid challenges.**1. Mastering Difficult ConversationsAddressing Uncomfortable TruthsAvoiding Common PitfallsEmpowering Through Solutions**2. Adapting Business Strategies in CrisisPandemic-Induced ChallengeInnovation Amid ChaosStrategic Decision-Making**3. Leadership and AdaptabilitLeadership Under PressureContinuous ImprovementAchieving Goals Amid TurmoilReady to glean insights on navigating difficult conversations, adapting to unforeseen challenges, and honing leadership skills in times of crisis? Tune in, share your thoughts using #mbsaccountants and #theleakybucketpodcast, and let's build better businesses together! Support the showEnjoy Listening and may your Business KEEP THRIVING!...ACTUALLY, we have a BONUS EPISODE every Episode we release here, where I dive deeper on some interesting topics touched by our guests that I felt like "needed" more elaboration for you my listeners. Click here to Thrive's Profit Amplifier QuizDo you want free access to it? Go here.The Leaky Bucket CommunityTo get in touch, please find us online here: Know your Business Financial Health? Check this Score CardIan's LinkedIn AccountThe Leaky Bucket Youtube ChannelMBS Accountants Website
TOP 3: An Overnight Success Story That Took Years To Create! James Ashford Founder of GoProposal
Dec 17 2023
TOP 3: An Overnight Success Story That Took Years To Create! James Ashford Founder of GoProposal
James Ashford works exclusively with leading firms of accountants from around the world, helping them to become more profitable and to systemise their firms so they can deliver maximum value and incredible experiences to their clients. James is the founder of http://GoProposal.com, bestselling author of “Selling to Serve” and Director at My Accountancy Place.  He is a sales and marketing expert, helping firms to scale their practice by giving more value to existing clients and converting new prospects at a higher rate for higher fees. He does this through challenging outdated pricing methods and mindsets, implementing powerful pricing and proposal systems and leveraging entire firms to sell more through consultative sales techniques. HE TALKED ABOUT HOW HE ACHIEVED HIS SO-CALLED "OVERNIGHT SUCCESS" THAT TOOK YEARS TO CREATE.-----------------------------------------------------If you like to learn more on what JAMES ASHFORD do, head on to his socials: Youtube ChannelLinkedIn Support the showEnjoy Listening and may your Business KEEP THRIVING!...ACTUALLY, we have a BONUS EPISODE every Episode we release here, where I dive deeper on some interesting topics touched by our guests that I felt like "needed" more elaboration for you my listeners. Click here to Thrive's Profit Amplifier QuizDo you want free access to it? Go here.The Leaky Bucket CommunityTo get in touch, please find us online here: Know your Business Financial Health? Check this Score CardIan's LinkedIn AccountThe Leaky Bucket Youtube ChannelMBS Accountants Website
TOP 5: Designing a Plan for Success with Jess Williams of Designs in the Shires
Dec 15 2023
TOP 5: Designing a Plan for Success with Jess Williams of Designs in the Shires
Welcome to Episode 7 of The Leaky Bucket Podcast.In this episode, I am with a special guest Jess Williams about how she managed to implement a positive transformation within her secretly struggling business, Design in the Shires .We hear Jess explain how herself and her partner, Ben, were thrown in at the deep end without a true understanding of vital business processes; what led them to seek a way to change their company; and how they've managed to go from working in the business to working on it.Enjoy Listening and may your Business KEEP THRIVING!-Ian Morgan-------------------------------------- To get in touch with Design in the Shires, find them here: LinkedInWebsite InstagramFacebookTwitter To get in touch, please find us online here:Want to know your Business Financial Health? Check this Score Card out!Ian Morgan LinkedIn AccountMBS Accountants WebsiteMBS Accountants Youtube Channel to watch the Video of the EpisodeSupport the showEnjoy Listening and may your Business KEEP THRIVING!...ACTUALLY, we have a BONUS EPISODE every Episode we release here, where I dive deeper on some interesting topics touched by our guests that I felt like "needed" more elaboration for you my listeners. Click here to Thrive's Profit Amplifier QuizDo you want free access to it? Go here.The Leaky Bucket CommunityTo get in touch, please find us online here: Know your Business Financial Health? Check this Score CardIan's LinkedIn AccountThe Leaky Bucket Youtube ChannelMBS Accountants Website
RANK 11: Pancakes and Persistence: Laura Evans' Story of Overcoming Challenges and Finding Success
Dec 9 2023
RANK 11: Pancakes and Persistence: Laura Evans' Story of Overcoming Challenges and Finding Success
Hi there, and welcome to another exciting episode of the Leaky Bucket Podcast!Today, we have a very special guest with us, Laura Evans from SISU Pancakes, based in Cheltenham.Now, let me tell you, trying to describe SISU Pancakes is like trying to explain a deliciously unique blend of a pancake and a cake - it's simply something you have to experience for yourself!In this episode, Laura shares her incredible #journey and the #challenges she faced in her childhood that ultimately shaped her into the strong, determined individual she is today. We'll also delve into her career outside of business and how it influenced the qualities she brings into her #entrepreneurial endeavors.One of the most inspiring aspects of Laura's story is how she persevered through failure after failure until one mistake turned into a catalyst for #success. We'll explore the mindset and values that drove her to keep pushing forward, even when the going got tough.Laura's outlook on life is truly remarkable. She believes that success is not a destination, but a continuous journey, and she's purposeful in the way she lives her life. She's a true example of someone who has found #happiness and #fulfillment by making conscious decisions and prioritising what truly matters to her.So, if you're ready for an #uplifting and #motivating conversation with an incredible entrepreneur, then don't wait any longer!You won't want to miss it! #theleakybucket #podcast #financialpodcast #businessguidepodcast #sisupancakes #chentelham #businessIf you like to learn more on what Adrian and Ben do, head on to their business' socials:WebsiteLinkedInInstagramFacebookSupport the showEnjoy Listening and may your Business KEEP THRIVING!...ACTUALLY, we have a BONUS EPISODE every Episode we release here, where I dive deeper on some interesting topics touched by our guests that I felt like "needed" more elaboration for you my listeners. Click here to Thrive's Profit Amplifier QuizDo you want free access to it? Go here.The Leaky Bucket CommunityTo get in touch, please find us online here: Know your Business Financial Health? Check this Score CardIan's LinkedIn AccountThe Leaky Bucket Youtube ChannelMBS Accountants Website
RANK 12: How to Prepare a Business for Exit with Darryl Bates - Brownsword of Succession Plus
Dec 8 2023
RANK 12: How to Prepare a Business for Exit with Darryl Bates - Brownsword of Succession Plus
Darryl is a dynamic, driven Business Consultant and Coach with over 20 years of experience and passion for creating successful outcomes for founder-led businesses. He is a great connector, team builder, problem solver, and inspirer — showing the way through complexity to simplicity. Darryl together with his team raise awareness of the fact that as a business owner, if you want to get the most from your life’s work and exit on your terms, then you need to prepare for exit and make your business attractive for a buyer. The problem that occurs when this doesn’t happen is that;· Only 10-40 % of businesses that go to market actually get sold!· And, of those that do get sold, the deal is structured in a way that means the owners have to work through an ‘earn out’ period to realise full valuation.· And more that 50% of these earnouts don’t get completed either because the goal posts are moved, or the owners have run out of energy.This can be avoided if your business is exit ready, de-risking the deal for both the owners and the buyers.In this Episode Darryl generously gives his expertise in Preparing a Business for an Exit. -----------------------------------------------If you like to learn more on what DARRYL do, head on to his socials:WebsiteLinkedInSupport the showEnjoy Listening and may your Business KEEP THRIVING!...ACTUALLY, we have a BONUS EPISODE every Episode we release here, where I dive deeper on some interesting topics touched by our guests that I felt like "needed" more elaboration for you my listeners. Click here to Thrive's Profit Amplifier QuizDo you want free access to it? Go here.The Leaky Bucket CommunityTo get in touch, please find us online here: Know your Business Financial Health? Check this Score CardIan's LinkedIn AccountThe Leaky Bucket Youtube ChannelMBS Accountants Website
RANK 16: A Journey to Outstanding with Sonia Gill of Heads Up
Dec 4 2023
RANK 16: A Journey to Outstanding with Sonia Gill of Heads Up
I and Sonia talked about how she lead her business and her clients' to go on a Journey to Outstanding.Sonia is the Director of Heads Up Limited and they specialise moving primary schools to outstanding by developing an outstanding school culture. She's a qualified teacher, business leader, author, and leadership coach.Heads Up supported hundreds of heads and senior school leaders move their school toward outstanding, creating the school they’ve dreamt of leading but haven’t achieved yet.Creating a compelling vision.Having successful difficult conversations.Developing your team’s skills quickly.She's the Author of the Methodologies ‘Journey to Outstanding’ and 'Successful Difficult Conversation in School' to equip school leadership teams with these skills so they can create a lasting and outstanding culture which you can see at www.ukheadsup.com.Heads Up's mission is to make every Primary school in the UK outstanding, yes in terms of Ofsted but also in being centres of excellence in all of our communities.-----------------------------------------------------If you like to learn more on what SONIA GILL & HEADS UP do, head on to their socials:Heads Up WebsiteSonia's LinkedInEmail them at info@ukheadsup.comSupport the showEnjoy Listening and may your Business KEEP THRIVING!...ACTUALLY, we have a BONUS EPISODE every Episode we release here, where I dive deeper on some interesting topics touched by our guests that I felt like "needed" more elaboration for you my listeners. Click here to Thrive's Profit Amplifier QuizDo you want free access to it? Go here.The Leaky Bucket CommunityTo get in touch, please find us online here: Know your Business Financial Health? Check this Score CardIan's LinkedIn AccountThe Leaky Bucket Youtube ChannelMBS Accountants Website