Sparky Coach

Sparky Coach
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🥇Make money. Build wealth. Be kind. 💰A market wage with a business net profit of 20-35% 📈Increase your net worth 🙏🏻Become the best version of yourself

  1. 1d ago

    #310 // 11 Ways To Derail + Stunt Your Business Compounding (Part Two) with Greg Crowe

    Business compounding is amazing.  There really is no mistaking that the incremental effect of consistently closing the week, closing the month, doing the right thing, having the hard conversations, front costing, back costing, quoting on time etc etc, can land you in a really healthy spot in 15 years.  If we start at $500k revenue and budget in conservative market averages (15% organic revenue growth, a market wage, business net profit of 20%) over 15 years your business will be doing an annual revenue of $3.5m and you would have accumulated nearly $7m dollars in personal + business profit.  If we start at $1.5m revenue and budget in conservative market averages (10% organic revenue growth, a market wage, business net profit of 20%) over 15 years your business will be doing an annual revenue of $5.6m and you would have accumulated nearly $11.5m dollars in personal + business profit.  If we start at $5m revenue and budget in conservative market averages (10% organic revenue growth, a market wage, business net profit of 20%) over 15 years your business will be doing an annual revenue of $19m and you would have accumulated nearly $34m dollars in personal + business profit.  Sometimes slow + steady really does win the race.  So what do you do from here?  It’s time to embrace your trade god ordained destiny of making money, building wealth + being kind.  Get after it!  Much love,  Crowe x  Summary This episode explores the common pitfalls that can derail business growth and personal wealth, emphasizing the importance of patience, strategic decision-making, and avoiding greed. Learn how to stay on track with practical insights and real-world examples. Keywords business growth, wealth building, business mistakes, strategic planning, patience, avoiding greed, business quotes, entrepreneurship, business tips, financial success Key Topics The importance of patience and compound growth Common mistakes that derail business progress The dangers of greed and rushing success Takeaways Slow and steady wins the race in business and wealth building. Avoid getting greedy too soon to prevent financial setbacks. One bad project or decision can significantly derail growth. Titles 11 Ways to Derail Your Business Growth and Wealth The Power of Patience in Business: Avoiding Common Pitfalls Sound Bites "Slow and steady wins the race." "Your time might not be right now." "Don't get too greedy too soon." Chapters 00:00 Introduction to Business Compounding Challenges 03:10 The Power of Slow and Steady Growth 05:59 Identifying Major Constraints in Business 09:14 Avoiding Greed in Business Decisions 12:01 The Impact of Misquoting Projects 21:08 Making Wise Business Decisions

    26 min

  2. 3d ago

    #309 // 11 Ways To Derail + Stunt Your Business Compounding with Greg Crowe

    Business compounding is amazing.  There really is no mistaking that the incremental effect of consistently closing the week, closing the month, doing the right thing, having the hard conversations, front costing, back costing, quoting on time etc etc, can land you in a really healthy spot in 15 years.  If we start at $500k revenue and budget in conservative market averages (15% organic revenue growth, a market wage, business net profit of 20%) over 15 years your business will be doing an annual revenue of $3.5m and you would have accumulated nearly $7m dollars in personal + business profit.  If we start at $1.5m revenue and budget in conservative market averages (10% organic revenue growth, a market wage, business net profit of 20%) over 15 years your business will be doing an annual revenue of $5.6m and you would have accumulated nearly $11.5m dollars in personal + business profit.  If we start at $5m revenue and budget in conservative market averages (10% organic revenue growth, a market wage, business net profit of 20%) over 15 years your business will be doing an annual revenue of $19m and you would have accumulated nearly $34m dollars in personal + business profit.  Sometimes slow + steady really does win the race.  So what do you do from here?  It’s time to embrace your trade god ordained destiny of making money, building wealth + being kind.  Get after it!  Much love,  Crowe x  In this episode, Greg Crowe discusses crucial pitfalls that can hinder the long-term growth and success of your business. Whether you're a seasoned entrepreneur or just starting out, understanding and avoiding these common derailers can help you build sustained wealth and stability over decades. Key topics: The importance of recognizing the power of business compounding and long-term planningThe dangers of stray from what works and the value of consistent daily habitsThe significance of small gains and regular progress in business growthWhy underestimating compound effects can severely limit your successThe necessity of tracking actual business performance versus forecastsHow to maintain long-term focus and avoid shortsighted decisionsThe role of clarity, discipline, and sticking to proven systemsThe impact of good customer relationships and reputation in scalingBuilding habits that do not crumble, but gradually crumble when neglectedThe importance of setting a realistic, long-term vision to inspire ongoing effort Timestamps:  00:00 - Introduction: 10 ways you might unintentionally derail business compounding 00:29 - The benefits of slow and steady growth over 20 years  00:58 - Differences between sprinters and marathon runners in business  01:28 - Building a business with a 15-20% organic growth rate  02:27 - Why most entrepreneurs aim for long-term success, not quick wins  02:55 - How to intentionally sabotage your business without realizing  03:24 - Common bad decisions that accumulate over time 03:49 - Visualizing future success and long-term vision  04:16 - The importance of stopping to assess your current position  04:40 - How ignoring the power of compounding stalls growth  05:09 - The math of business growth with 15% year-on-year increase  05:33 - Managing operational costs to maximize net profits  05:58 - The impact of operational inefficiencies on profit  06:24 - Conservative growth scenarios and staggering long-term wealth  07:22 - The significance of customer relationships and reputation  07:50 - Visualizing wealth accumulation over 15 years  08:19 - Setting realistic growth expectations 08:48 - Why staying committed to habit and system consistency matters 09:18 - The value of close-out routines in daily business management 09:44 - The dangers of relying on forecasts over actual performance 10:14 - Embracing the long game, starting today 10:44 - The power of patience and incremental progress 11:14 - Building a referral-based, organic growth model 11:44 - The importance of small beginnings

    24 min

  3. 5d ago

    #308 // “The Power of Business Compounding: Grow Wealth Over 20 Years (Part Two)” with Greg Crowe

    Today Greg Crowe walks us through part 2 of the power of compounding.  We run through: -how compounding works + why it won’t happen overnight  -why you need to stay positive while you’re in the growth stages of business  -why you need to understand the obstacles that you are up against so you can fight them head on  -the common reasons people lose sight of their long term plan  -how to stay focused + delay gratification and not cash all your chips in on a sexy boat in year 3  -the importance of watching your habits around stress  If you haven’t had a chance to watch part one I would highly recommend that first.  Enjoy the pod and if you want a copy of the spreadsheet reach out anytime.  May this pod bless + propel you into your trade god ordained destiny of being kind, living life + making money.  Much love,  Crowe  Summary This episode explores the power of business and wealth building over 20 years, emphasizing patience, discipline, and the importance of viewing your business as an asset. Sparky Coach shares insights on long-term growth, overcoming obstacles, and maintaining a healthy life balance. Keywords business growth, wealth building, long-term strategy, discipline, asset management, business compounding, patience, stress management, life balance Key Topics Power of business compounding over 20 years Importance of patience and discipline in wealth building Viewing your business as an asset, not a liability Takeaways Most wealth is built slowly through consistent effort and patience. Your business can be a powerful asset if managed properly. Back your gut feelings to seize opportunities. Measure every job and stay dialed into your business metrics. Delaying gratification and slow growth lead to greater long-term success. Host Name Greg Crowe  Titles The 20-Year Business Wealth Strategy You Need to Know How to Build Wealth Slowly and Securely Over 20 Years  Sound Bites "Most wealth is built slowly over time." "Rome wasn't built in a day." "Back your gut feelings in business." Chapters 00:00 The Power of Business Compounding 02:58 Building Wealth Over Time 06:03 Backing Your Gut Instincts 08:49 The Importance of Systems 12:05 Overcoming Obstacles 14:57 Managing Stress and Habits 17:47 The Impact of Delayed Gratification 21:04 Discipline and Long-Term Success 23:50 Creating a Life of Significance Resources Sparky Coach Website - www.sparkycoach.com.au Business Compounding Spreadsheet - https://sparky.coach/wealth-spreadsheet

    27 min

  4. May 27

    #307 // “The Power of Business Compounding: Grow Wealth Over 20 Years” with Greg Crowe

    Today Crowe takes us through the power of compounding.  What could your business, and life, look like in 20 years time?  Slow growth, 10-20%, year after year, over 20 years, doesn’t sound that sexy (to most people)  But let’s go through the numbers! As we know, just like Shakira’s hips, numbers don’t lie.  The numbers may genuinely rock you when you see it on paper.  If you’re starting out, let this inspire you.  If you’re in the middle somewhere, let this inspire you.  If you want to slow down someday, let this inspire you.  May this pod bless you and propel you into your trade god ordained destiny of making money, building wealth + being kind.  Much love,  Crowe x  Summary This episode explores the power of business and personal compounding, emphasizing long-term growth, patience, and strategic decision-making. It highlights how consistent, wise actions over 15-20 years can lead to extraordinary financial success and asset building. Keywords business growth, compounding, long-term success, wealth building, entrepreneurship, financial planning, business strategy Key Topics The concept of business compounding growth Long-term planning and patience in entrepreneurship The importance of consistent good decisions Financial projections over 15-20 years Asset building through business Guest Name Greg Crowe  Titles The Power of Business Compounding: Grow Wealth Over 20 Years How Consistent Decisions Build Million-Dollar Businesses Sound Bites "The power of compounding is transformative." "Everyone's journey is unique and full of stories." "Focus on long-term growth, not quick wins." Chapters 00:00 The Power of Compounding in Business 04:41 Long-Term Growth vs. Short-Term Gains 08:53 Understanding Revenue and Profit Metrics 12:44 Visualizing Financial Growth Over Time Resources Business Growth Calculator - https://example.com/business-growth-calculator

    18 min

  5. May 26

    #306 // The Crowe Show “Don’t Ignore The 6th Huge Red Flag That Could Destroy Your Business”

    Sequels can be tricky sometimes.  Was Mortal Kombat 2 really better than Mortal Kombat 1?  Was Kickboxer 2 really better than Kickboxer 1?  The answer, of course, is incredibly subjective.  Today Greg Crowe presents you a sequel to pod #300 // The Crowe Show “Don’t Ignore These 5 Huge Red Flags That Could Destroy Your Business”.  In pod #300 we discussed the symptoms of the red flags, today we discuss what you can do about it.  A couple of thoughts here...  -there really is no substitute for early intervention  -your problem is not that big or unique (ie someone has been though this before don’t stress too hard!)  -don’t keep burying your head in the sand pls some problems just keep getting bigger -left not confronted right now your problem is the smallest that it’s ever going to be  So sit back and enjoy the pod. We hope this propels you into your race god ordained destiny of making money, bullying wealth + being kind.  Much love!  Crowe x  Host  Greg Crowe  Summary This episode covers five critical red flags that can threaten your business's success and personal well-being. It emphasizes the importance of awareness, timely action, and working with the right people to build a sustainable and profitable business. Keywords business red flags, business growth, financial management, time management, leadership, entrepreneurship, business coaching Key  topics Red flags in business that threaten success Importance of early intervention and awareness Financial management and profitability strategies Titles 5 Red Flags That Could Destroy Your Business How to Recognize and Fix Business Red Flags Sound Bites "The challenge must cause change" "Awareness is 70% of the battle" "Be the savior of your calendar" Chapters 00:00 Identifying Red Flags in Business 05:57 The Importance of Awareness and Action 11:46 Financial Management and Profitability 17:45 Time Management and Work-Life Balance 34:02 Working with the Right People Resources The E-Myth by Michael E. Gerber - https://www.amazon.com/E-Myth-Revisited-Why-Most-Small/dp/0887307280 Sparky Coach Program - https://sparkycoach.com.au Charlie Munger's Wisdom - https://www.collaborativefund.com/blog/charlie-mungers-wisdom/

    42 min

  6. May 23

    #305 // Sunday Skool “Mastering Time and Identity for Business Success” with Greg Crowe

    Alright here is something a little bit different for your Sunday Skool!  Every Thursday at 11am Brad Hibberd (aka Hib) runs “The Growth Hub”.  As Hib was called out to a rough in (he is no doubt the rough in lord!) it was left in the (reasonably) safe hands of Greg Crowe (aka Crowe).  Business + personal growth is a huge part of what we do here at Sparky Coach so I thought we would take you guys behind the scenes and see what we get up to on a standard Thursday at 11am.  We are huge believers in 1:1 sessions and group sessions too. They both serve their purpose. Also heads up if you are only getting group coaching atm I don’t believe that’s in your best interest at all, I think you do need 1:1’s.  I’ll post the form below so you can have it, if you fill it out it comes directly to me so don’t be shy!  I really hope this pod blesses you as your pursue your trade god ordained destiny of making money, building wealth + being kind.  Much love!  Crowe xx.  https://form.jotform.com/261397478327066  Summary This session focuses on personal and business growth, emphasizing self-awareness, time management, and strategic planning to overcome limitations and achieve success. Keywords business growth, time management, self-awareness, productivity, strategic planning Key Topics Self-awareness and identity in business Time management and scheduling strategies Overcoming limiting beliefs and mindset barriers Takeaways You are 100% the problem and the solution in your business. Controlling your time is crucial for growth and success. Identify your main business constriction: supply, demand, or profit. Titles Unlocking Business Growth: Strategies for Success Mastering Time and Identity for Business Success Sound Bites "You are 100% the problem and the solution." "Main constriction is supply or demand." "Control your time to grow your business." Chapters 00:00 Introduction and Personal Updates 02:45 The Importance of Growth in Business 06:53 Identifying Personal and Business Challenges 10:50 Understanding Business Constrictions 19:06 Strategies for Revenue and Time Management 25:12 The Joys and Challenges of Driving a Troopy 26:36 Identifying Supply and Demand Issues 28:01 The Value of Ideal Clients 29:54 Shifting Perspectives on Client Relationships 30:52 Action Points for Driving Revenue 32:00 Time Management Challenges 34:00 The Delayed Effects of Poor Time Management 35:25 Creating an Effective Office Schedule 38:14 The Importance of Progressing Your Business 45:05 The Need for a Structured Schedule 47:18 Resetting Your Mindset for Productivity Resources Pocket Coach App - COMING SOON!

    51 min

  7. May 21

    #304 // The Lounge "The Importance Of Personal + Business Development" ft Greg Crowe + Brad Hibberd

    Today on the lounge Greg Crowe sits down Wirth Brad Hibberd from Hib Electrical based in Tasmania.  We talk about business growth, controlling your time, the importance of holidays. How to have a work life balance, the importance of the sweat in the first 3-5 years, personal development, being insecure + much much more!! Hib is one of our coaches here at Sparky Coach and also runs our “Growth Hub” every Thursday at 11am.  It’s always a great time chatting to Hib and we hope you enjoy the pod.  Much love xx  Summary In this insightful interview, Brad Hibberd shares his journey through business, emphasizing the importance of time management, personal development, and strategic growth. Discover practical tips on scaling your business, maintaining work-life balance, and developing a resilient mindset. Keywords business growth, time management, personal development, entrepreneurship, leadership, work-life balance, scaling business, mindset, business strategy Key Topics Time management and work-life balance Strategic business growth and scaling Personal development and mindset shifts Titles The 7-Year Journey to Business Freedom with Brad Hibberd How to Scale Your Business Without Losing Your Mind  Sound Bites "There is a pathway out of chaos." "Your time is worth X, pay someone Y." "Self-development is key to business growth." Chapters 00:00 Introduction to Growth and Business Pathways 02:56 The Importance of Time Management in Business 06:11 Understanding the Seasons of Business 09:11 The Role of Personal Development in Business Growth 12:05 Outsourcing and Time Management Strategies 14:49 The Mindset Shift: Viewing Challenges as Opportunities 18:02 Self-Development and Accountability in Business 20:53 The Journey of Personal Growth and Business Success 29:24 The Journey of Personal Growth 30:56 Risk Taking and Learning from Mistakes 34:16 The Balance of Strength and Vulnerability 36:15 Embracing Resistance in Business 39:11 Navigating Community and Personal Relationships 41:57 The Importance of Personal Development 49:18 Mapping Out Time and Freedom 53:00 Encouragement for Business Owners Resources Built to Sell Book - https://www.amazon.com.au/s?k=built+to+sell

    56 min

  8. May 18

    #303 // The Lounge “End of Financial Year Planning & Tax Strategies” with Angela Lee

    Today Cam McCracken sits down with Angela Lee from Codification Accounting + Business Advisory to discuss EOFY tax planning, strategies + new changes and updates.  I remember the first time I met Angela we had dinner together at Bangalow Pub and discussed the possibility of working together.  My initial thoughts were wow she is super switched on + trustrworthy and I immediately felt super comfortable about working together and involving her really closely in our business and around our members (Cam and I work with her personally now which probably says it all tbh).   At Sparky Coach we have been working closely with Angela for coming up to 4 years now and we feel very lucky to have her on our team. Safe to say she is an absolute weapon and runs an absolute weapon team.  So yes educate yourselves for sure and yes you should read books on tax planning, but pls also remember you need to employ a weapon accountant too (and pay them what they are worth).   We will be running a 2 hour open q+a with Angela this Friday as a part of our paid program. If you are desperate to join this pls just reach out to me via online sorcery (greg@sparky.coach) or slide into the Sparky Coach insta DM’s.   Pls treat this pod like generic free advice and only apply anything if you have paid someone to look over your financial position + current set ups and so on.  Much love and enjoy the pod xx  Main Topics Covered: How to ensure your accounting software is accurate and reconciled before June 30Strategies to optimize profits and reduce taxable incomeThe importance of stock takes and inventory managementSuperannuation caps, carry-forward rules, and contributions for tax benefitsUnderstanding upcoming changes to trust taxation and franking creditsPayday super payments and cash flow managementLegislation updates including trust tax rates and vehicle asset write-offsBudget insights and potential impacts on business structuresThe importance of proactive planning with your accountant and broker Timestamps: (00:00) - Introduction to end of financial year planning with Angela Lee(02:03) - Reconciling accounts receivable and payable before June 30(03:11) - Acknowledging bad debts and writing off uncollectible accounts(04:07) - Cleaning up stock and inventory for tax advantages(05:05) - Increasing profits through asset sales and expense management(06:17) - The benefits of stock takes, especially for businesses with large inventory(07:00) - Managing stock in job management software like Simpro(08:35) - Physical stock take and vehicle inventory audits(09:32) - Identifying cash sitting in unused assets and vehicles(11:11) - Moving stock from vehicles back to warehouses to improve cash flow(12:52) - Starting early on stock management and inventory awareness(15:24) - Tips for minimizing tax before June 30, including super contributions(16:18) - Maximize super contributions through the carry-forward rules(17:14) - The strategic benefits of superannuation for business owners(18:47) - Restructuring trusts and asset rollover relief(20:38) - Understanding franking credits and trust tax implications(22:10) - The ongoing asset instant write-off threshold and its benefits(23:37) - Managing creditor payments and prepayments(25:46) - Changes to payday super from July 1 and cash flow impacts(28:45) - Preparing for new superannuation payment cycles and maintaining cash reserves(34:00) - Setting up internal bank accounts for tax obligations(36:40) - Personal responsibility of directors for tax liabilities(37:15) - Legislative updates, trust tax rate proposals, and legislative delay timelines(41:40) - Impact of new trust taxation rules and franking credit adjustments(48:43) - Structuring wages and distributions to optimize tax outcomes(54:22) - The permanent increase in asset write-off limits up to $20,000(55:49) - The potential for instant asset write-offs for year-end purchase decisions

    1h 3m
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About

🥇Make money. Build wealth. Be kind. 💰A market wage with a business net profit of 20-35% 📈Increase your net worth 🙏🏻Become the best version of yourself

Information

  • Creator
    Sparky Coach
  • Years Active
    2023 - 2026
  • Episodes
    311
  • Rating
    Explicit
  • Copyright
    © Sparky Coach
  • Show Website
    Sparky Coach

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