Inspiring Business Podcast

Steve Sandor

The Inspiring Business Podcast hopes to inspire business owners with focussing on their genius and create a business that is scalable and ultimately does not depend on the them.Get your ready, as if you were selling it, but don't sell so you can retire into your business.

read less
BusinessBusiness

Episodes

Business challenges in 2023 - Post Covid and the Financial Tsunami - Simon Bedard
Apr 30 2023
Business challenges in 2023 - Post Covid and the Financial Tsunami - Simon Bedard
In this week's episode of the Inspiring Business Podcast, Simon Bedard from the Exit Advisory Group and I start with a discussion about the current economic environment and how business owners could look for opportunities in the aftermath of Covid 19 and the financial tsunami that is approaching us.We expectedly navigate our way toward Emotional Intelligence and how to use it, and ways to attract and keep quality staff.Simon Bedard  LinkedIn Profile: https://www.linkedin.com/in/business-sales-sydney/ Exit Advisory Group   Website: https://exitadvisory.com.au/LinkedIn Company Page: https://www.linkedin.com/company/exitadvisorygroup/Facebook Page: https://www.facebook.com/exitadvisorygroup/Instagram Page: https://www.instagram.com/exitadvisorygroup/YouTube Channel: https://www.youtube.com/channel/UCQ16bg2expmwNDbcHyjWCxw Buy Grow Sell   Website: https://buygrowsell.com/LinkedIn Company Page: https://www.linkedin.com/company/buy-grow-sell-biz/Facebook Page: https://www.facebook.com/buygrowsellbizInstagram Page: https://www.instagram.com/buygrowsellbiz/YouTube Channel: https://www.youtube.com/channel/UC-lrfSVRd4deO0kDj0ort3A Book a call with Simon and donate $50 to https://www.kiva.org/ Stephen Sandor CEO Inspiring BusinessInspiring Business website - www.inspiringbusiness.netBook an Exploration Call here - https://inspiringbusiness.net/exploration-call-booking/The Scale to Success System - https://inspiringbusiness.net/deep-dive-program/Stephen Sandor LinkedIn https://www.linkedin.com/in/stephen-sandor/Inspiring Business LinkedIn https://www.linkedin.com/company/inspiring-business
Giving and Culture - Purpose and Values - Success and Exceptional outcomes Episode 66 Karl Schwantes 5 Star Google Review
Apr 23 2023
Giving and Culture - Purpose and Values - Success and Exceptional outcomes Episode 66 Karl Schwantes 5 Star Google Review
I had an epiphany while listening to this episode. There is no villain in Karl’s story. He hasn’t had to overcome any massive tragedy, or Phoenix rising from the ashes. In fact it’s an unremarkable success. But a great story nevertheless.Karl’s story is about his progress from taking over the family business; creating a business that reflected his values and purpose; building a culture that allowed him to be in control and let go of managing; and finally having the time and money to pursue another passion.The conversation with Karl reinforced what I have been espousing to anyone who will listen that it is possible to create a business that is independent of your daily involvement. That way your business is more valuable and you get to do the things you love.Intellectually you would know this. But it’s the emotional connection to your business that holds you back and the lack of a North Star to draw you towards a purpose.There are some gems in Karl's story.Karl Schwantes Managing Director, Xennox Diamonds / My 5 Star ReviewsLinkedIn https://www.linkedin.com/in/karlschwantes/Web Site www.xennoxdiamonds.com.auOffer www.xennoxdiamonds.com.au Mobile +610403623030Email karl@my5starreviews.com.au Stephen Sandor CEO Inspiring BusinessInspiring Business website - www.inspiringbusiness.netBook an Exploration Call here The Scale to Success System Stephen Sandor LinkedInInspiring Business LinkedIn Inspiring Business Facebook
Focus on Others - Serve First Episode 65 Francois Lupien High Performance Mentor - How to Become More
Mar 19 2023
Focus on Others - Serve First Episode 65 Francois Lupien High Performance Mentor - How to Become More
Francois Lupien is a dynamic coach, mentor and speaker whose experience includes successfully working with Tony Robbins, Stephen Covey (7 Habits of Highly Effective People) and as a consultant with Bob Proctor (Movie: The Secret 2006).Achieving excellence in everything he puts his mind to, Francois has been a Tae Kwon Do Canadian champion, a Top Real Estate agent for 11 years with Remax, and a serial entrepreneur with multiple successful 6-figure businesses.There were some fantastic lessons in the conversations and I think it’s one of those Episodes that you could save and listen to again and again, especially if you’re feeling a little low.Francois reminded me again of the value of surrounding yourself with people who are moving forward rather than standing still or moving backwards. Francois mentioned Bob Proctor going into a bar and announcing he was never coming back.I had a similar experience in PNG when I realised that the men sitting at the bar talking about the ‘good old day’s’ were just stuck and it wasn’t who I wanted to be associated with.So the message is to surround yourself with good people. Don’t be afraid to ask for help, and approach life with a “How can I serve and add value first” attitude and in return you’ll be rewarded.If you’re an individual looking for peak performance then please reach out to Francois. All his details are in the show notes belowFrancois LupienHigh Performance Mentor, How To Become MoreLinkedIn https://www.linkedin.com/in/francoislupien/LinkedIn Business Page https://www.linkedin.com/company/howtobecomemore/Web Site https://howtobecomemore.com/Mobile +16136628377Email Stephen Sandor CEO Inspiring BusinessInspiring Business website - www.inspiringbusiness.netBook an Exploration Call here The Scale to Success SystemStephen Sandor LinkedIn Inspiring Business LinkedIn Inspiring Business Facebook
Basic to Basics is a Mistake Episode 63 Damian Andrews
Mar 5 2023
Basic to Basics is a Mistake Episode 63 Damian Andrews
As you can tell Damian has a very positive attitude towards business and lifeThere are a few lessons that I think we could take away from this conversation.The first is that going back to basics is a mistake. What worked years ago may not work today. Although we didn’t discuss this a lot of what Damian spoke of was first principles.You can be experienced and not confident, and not experienced and confident and it’s knowing the difference. There is obviously risks when acting with confidence and no experience, but if you don’t experiment you’ll never learn.One area that Damian speak to a lot is profit. Clearly if a business is not making a profit, then it cannot survive. I’ve never met a successful business person who doesn’t understand their numbers.Finally, Damian mentioned being an Employer of Choice, and this is something he and I believe is a necessary position to be in over the coming years to have a competative position in the market.The final area, and it might be the most important one, is generosity. Damien has a very giving nature my interaction with him have always been positive he's always being generous with his time and thoughts and advice and he's helped a number of people who I've introduced him to in the philanthropic area so I have first hand knowledge of his generosity.CEO, Damian AndrewsDamian Andrews LinkedIn Damian Andrews Web Site Shair.care Email dandrews@damianandrews.comStephen Sandor CEO Inspiring BusinessInspiring Business website - www.inspiringbusiness.netBook an Exploration Call here - The Scale to Success Solution- Stephen Sandor LinkedInInspiring Business LinkedInInspiring Business Facebook
It not what you did, it's what you didn't do - Episode 62 Clifford Morgan Lumian Consulting
Feb 26 2023
It not what you did, it's what you didn't do - Episode 62 Clifford Morgan Lumian Consulting
It’s interesting that regardless of the times and the business environment, regardless of the financial, political or societal position, people are a constant. In today’s world we talk about Psychological Safety, in the 80’s and 90’s it was Emotional Intelligence and before that it was Management Theory.So as business evolves so does the development of people and one could argue that the way we lead business is conforming with how we see society and that business is a large part of how we see society. It’s a chicken and egg conversation.So it’s no surprise to me that the concept of an Employer of Choice is starting to become a term used for aspirational businesses. It’s becoming recognised as a way to be ahead of the pack, to gain an advantage over the competition by being unique.I don’t believe it has yet caught on with the majority and there in lies the opportunity.The majority of businesses are not yet prepared to take that massive leap forward, but for progressive and more nimble businesses, this is the opportunity to become a leader in their industry.Clifford Morgan speaks to this subjectClifford Morgan Director, Lumian ConsultingClifford Morgan LinkedIn LinkedIn Business Page Lumian Consulting Web Site Contact Clifford Morgan   Mobile +610412234182Email Stephen Sandor CEO of Inspiring BusinessInspiring Business websiteBook an Exploration Call here The Scale to Success SystemStephen Sandor LinkedInInspiring Business LinkedInInspiring Business Facebook
Your Business Exit Strategy Starts Now - Episode 61 Simon Bedard - CEO and Founder The Exit Advisory Group
Feb 19 2023
Your Business Exit Strategy Starts Now - Episode 61 Simon Bedard - CEO and Founder The Exit Advisory Group
Every asset is eventually sold (or transferred in an Estate) and your business is typically a major part of your asset portfolio.So it therefore makes sense to have a mindset to treat your business just like any other asset. What’s its purpose and why are you doing what you do?That’s not an uncommon approach from Management Consultants but it’s a very different approach to what you’d expect to find from a Business Broker. But as you’ll hear, Simon Bedard’s financial management background makes perfect sense that he thinks this way.Simon has over 20 years experience in the in the finance, energy and technology sectors and having worked as an investment banker in Institutional Banking and Global Markets, and holds an MBA through RMIT University, The Exit Advisory Group helps business owners migrate their way through the question of “What’s my business worth when I eventually sell?”That’s not an unusual question for a business broker to ask, but the unique position that Simon takes is that “If you have a Vision, we have a way to get you there”Simon Bedard LinkedIn Profile: https://www.linkedin.com/in/business-sales-sydney/Exit Advisory Group  Website: https://exitadvisory.com.au/LinkedIn Company Page: https://www.linkedin.com/company/exitadvisorygroup/Facebook Page: https://www.facebook.com/exitadvisorygroup/Instagram Page: https://www.instagram.com/exitadvisorygroup/YouTube Channel: https://www.youtube.com/channel/UCQ16bg2expmwNDbcHyjWCxwBuy Grow Sell  Website: https://buygrowsell.com/LinkedIn Company Page: https://www.linkedin.com/company/buy-grow-sell-biz/Facebook Page: https://www.facebook.com/buygrowsellbizInstagram Page: https://www.instagram.com/buygrowsellbiz/YouTube Channel: https://www.youtube.com/channel/UC-lrfSVRd4deO0kDj0ort3ABook a call with Simon and donte $50 to https://www.kiva.org/ Stephen Sandor CEO Inspiring BusinessInspiring Business website - www.inspiringbusiness.netBook an Exploration Call here - https://inspiringbusiness.net/exploration-call-booking/The Scale to Success System - https://inspiringbusiness.net/deep-dive-program/Stephen Sandor LinkedIn https://www.linkedin.com/in/stephen-sandor/Inspiring Business LinkedIn https://www.linkedin.com/company/inspiring-businessFacebook https://www.facebook.com/inspiringbusinessaustralia
Stop playing Whack-a-Mole with your Business with Madelyn Dunlap Director of Business Development Rewild Group
Feb 12 2023
Stop playing Whack-a-Mole with your Business with Madelyn Dunlap Director of Business Development Rewild Group
After leaving School with multiple degrees and a Masters, Madelyn Dunlap soon realized, even with all that business knowledge, that she was ill-equipped to help the business develop.This led her on a journey that coincided with her joining Matthew Pohl in his business. Matthew was on his own journey to grow his business and realized after trial and error and some 10 years of searching, discovered a book written by James Fischer titled Navigating your Growth that led them down a 3-year pathway of building a successful business and transitioning through a series of stages.This then led to the establishment of The ReWild Group LLC Group in 2017 and as they say, the rest is history.Madelyn talks about how the business owner has all the skills and energy to achieve their objectives, but they sometimes play whack-a-mole putting out fires.The resources on The ReWild Group LLC platform are some of the best in the industry and a good portion of them are free.LinkedIn Madelyn Dunlap LinkedIn Rewild Group http://www.rewildgroup.com/Free Stage CalculatorRewilder Facebook Business  Stephen Sandor CEO Inspiring BusinessInspiring Business website - www.inspiringbusiness.netBook an Exploration Call here - https://inspiringbusiness.net/exploration-call-booking/The Scale to Success System - https://inspiringbusiness.net/deep-dive-program/Stephen Sandor LinkedIn https://www.linkedin.com/in/stephen-sandor/Inspiring Business LinkedIn https://www.linkedin.com/company/inspiring-businessFacebook https://www.facebook.com/inspiringbusinessaustralia
Financial Modelling from a Sales, Marketing and Value perspective - Become a Lazy Entrepreneur
Oct 30 2022
Financial Modelling from a Sales, Marketing and Value perspective - Become a Lazy Entrepreneur
As we face yet another series of business challenges in the shape of inflation, interest rises, staff shortages and the potential for wage increases, it is more important than ever to have to be in control of your business.At the core of this control is your financial viability and the tool that helps you with this analysis is your Financial Statement. Unfortunately it’s estimated that 75% of small and medium business owners have less than a basic understanding of their financial position. The remedy is for business owners to seek specialist advice from an accountant.Typically when financial are mentioned people think of revenue and expenses. I’m going to cover two inputs into the revenue pot. These are Sales and MarketingI discuss the importance of understanding your marketing objectives and how to measure the results. Marketing, done well, makes the sales process more predictable. Determining the Return On Investment on your Marketing spend needs constant monitoring and it’s the most difficult measurement to make because of the lag between input and output. Once again it’s knowing what questions to ask and using your Experiential Awareness when deciding what direction and investment to make.Sales is somewhat easier in that it far simpler to measure. The difficulty is the interpretation of the results. Having a more consistent level of sales activity means that you will have more confidence in predicting the level of revenue.Every decision on what to spend money on is based on the estimated return on the investment and the value that investment will bring. I look at the perception of value for money as a buyer and seller.This episode meanders through the connections between marketing, sales and spending money and how these can be modelled to provide you with process to budget for the next few years.Ask - Ryan LevesqueThe Right It - Alberto SavoiaBlindsight Matt Johnson & Prince GhumanBuilding a Story Brand - Donald MillerStephen Sandor CEO Inspiring BusinessInspiring Business website - www.inspiringbusiness.netBook an Exploration Call here - https://inspiringbusiness.net/exploration-call-booking/The Scale to Success System - https://inspiringbusiness.net/deep-dive-program/Stephen Sandor LinkedIn https://www.linkedin.com/in/stephen-sandor/Inspiring Business LinkedIn https://www.linkedin.com/company/inspiring-businessFacebook https://www.facebook.com/inspiringbusinessaustraliaRiverside Subscription
Employer of Choice Framework - Replacing HR as the champion of performance management
Oct 16 2022
Employer of Choice Framework - Replacing HR as the champion of performance management
In this episode of the Lazy Entrepreneur, we walk through a very different approach to managing people and reclaiming human resource management to its rightful place. The Manager of people.HR Compliance, Workplace Gender Equality Agency, Occupational Health and Safety, Personnel Management, and other HR services all fit inside the HR Department.The accountability for organising and managing people and their performance, in my opinion, needs to sit within the team and NOT HR.Performance Management, the great resignation, or even the big resignation as it is now being called, has put an enormous amount of pressure on all types of businesses to recruit and retain employees.So doing things the same as everyone else is just not going to cut it.I'm introducing the concept of the Accountability and Behaviour Solution.It's made up of 3 components.Collective Accountability and Behaviour, the Supervisor Support Solution, and Individual Agreements.We define the reason the business has succeeded that helps us to explain the Collective Accountability and BehaviourWe find agreement that supports behaviour that enables the continued success.And the key one simple shift in the definition of a supervisor's KPI to a specific behaviour of mentorship and replacing themselves over time.This approach feels counter intuitive, but in fact, it's how successful businesses have created psychological safety to become an employer of choice.Stephen Sandor CEO Inspiring BusinessInspiring Business website - www.inspiringbusiness.netBook an Exploration Call here - https://inspiringbusiness.net/exploration-call-booking/The Scale to Success System - https://inspiringbusiness.net/deep-dive-program/Stephen Sandor LinkedIn https://www.linkedin.com/in/stephen-sandor/Inspiring Business LinkedIn https://www.linkedin.com/company/inspiring-businessFacebook https://www.facebook.com/inspiringbusinessaustraliaRiverside Subscription
Laser focus on your Goals and Objectives so you can become the Lazy Entrepreneur
Oct 3 2022
Laser focus on your Goals and Objectives so you can become the Lazy Entrepreneur
In Episode 2, I walk you through the process of taking the information in the Deep Dive Analysis and how to break down these into more bite-sized Goals and Objectives.The biggest challenge I see with Business Owners is that they turn up on Monday morning ready to do stuff, but it's not always the right stuff.This episode takes you through a process to gain clarity around your goals and what needs to happen to deliver a result.We get clear about the goals and objectivesWe use the S.M.A.R.T. model of Specific, Measurable, Achievable, Relevant, and Time-bound.I'm adding in 2 more letters to make it  S.M.A.R.T.E.R. They are Energy to keep going, and Record/Review/ReflectI've also suggested you find an Accountability Buddy to help you commit to the process.next week we will be focusing on Priorities and making sure you are working on the right things at the right time.Stephen Sandor CEO Inspiring BusinessInspiring Business website - www.inspiringbusiness.netBook an Exploration Call here - https://inspiringbusiness.net/exploration-call-booking/The Scale to Success System - https://inspiringbusiness.net/deep-dive-program/Stephen Sandor LinkedIn https://www.linkedin.com/in/stephen-sandor/Inspiring Business LinkedIn https://www.linkedin.com/company/inspiring-businessFacebook https://www.facebook.com/inspiringbusinessaustraliaRiverside SubscriptionWe record on Riverside.fm and if you are considering recording your Podcast I can highly recommend it. There is link below. If you do sign up with riverside we receive an affiliate fee
There's a new way to sell authentically. Genuine client focus.  Episode 59 Adam Bude Authentic Sales Training Academy
Sep 11 2022
There's a new way to sell authentically. Genuine client focus. Episode 59 Adam Bude Authentic Sales Training Academy
There are lots of people who are in the Sales Coaching space and it’s a very competitive market. There’s a difference between being a good Sales Person and being a good Sales Coach or Manager. It’s rare you find someone who has transitioned successfully so I was I really pleased when Adam agreed to come on the show.Adam Bude and I have known each other for about a year now and we’ve had numerous interactions where Adam has always been generous with his advice and counsel, especially in the area of Sales.A real challenge for business owners, especially those who are starting out or looking to expand, is the tendency to take on anything and everything to bring in revenue.I’m sure there are differing opinions on whether or not to take on all jobs for the revenue and work it out as you go, and I guess this approach would appeal to the quickstarts, or be very targeted and become the authority in a space, which is a harder and slower process.I’m sure there are valid arguments made for both scenarios, but I would suggest the former is a result of weak financial management, poor planning, or circumstances beyond the individual's control rather than a strategic approach.What I like and resonate with is Adam’s view and focus on the client, not just from the client’s interests but also on making sure what you offer solves the client’s problem. And if you don’t have the solution you refer it to someone who can deliver exactly what the client wants.Adam BudeCEO  The Authentic Sales Training Academy Adam Bude LinkedIn The Authentic Sales Training Academy Web SiteStephen Sandor CEO Inspiring BusinessInspiring Business website - www.inspiringbusiness.netBook an Exploration Call here - https://ib30explore.youcanbook.meThe Scale to Success System - https://inspiringbusiness.net/deep-dive-program/Stephen Sandor LinkedIn https://www.linkedin.com/in/stephen-sandor/Inspiring Business LinkedIn https://www.linkedin.com/company/inspiring-businessInspiring Business Facebook https://www.facebook.com/inspiringbusinessaustralia Riverside SubscriptionInspiring Business is recorded on Riverside.fm If you’d like to record high-quality audio and video files you can use the link below. You’ll be offered a free trial and if you end up subscribing, we get a small fee.Use this link to use Buzzsprout to get a $20 Amazon Voucher We Publish this Podcast through Buzzsprout and if you have any thoughts about starting a Podcast I can highly recommend Buzzsprout. There are others that are equally good. We just prefer Buzzsprout for their service and added features.