Better Business, Better Life

RightWay Ltd
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This podcast covers topics relevant to NZ business owners. We put a real emphasis on providing practical ideas, tips, and advice on how to move your business forward, especially in these challenging times.

  1. 04/08/2024

    What is Open Banking and how could it benefit your business.

    In this podcast episode, Ben Lynch shares his journey into the world of open banking, starting from a personal need to avoid bank overdraft fees. This led him to develop a solution that allowed automatic fund transfers between his accounts. This side project eventually paved the way for his involvement in creating open banking solutions. He discusses the concept of open banking, its current status in New Zealand, and the potential regulations that might shape its future. Ben also introduces Akahu and Dolla, platforms that aim to streamline banking and payment processes for individuals and small businesses, illustrating the practical applications and benefits of open banking. The episode highlights the possibilities open banking presents for improving financial management and the challenges of adopting it in markets like New Zealand. To find out more about Akahu and Dolla, check out the links below. www.akahu.nz www.dolla.nz 00:00 Welcome to the Podcast & Introduction to Open Banking 00:22 Ben's Journey: From Personal Banking Frustration to Open Banking Pioneer 05:23 The Evolution of Open Banking and Its Impact 11:58 The Current State and Future of Open Banking in New Zealand 22:04 Exploring the Potential of Open Banking for Businesses and Consumers 30:14 Addressing Security Concerns and the Path Forward for Open Banking 35:14 Closing Thoughts and the Future of Open Banking Applications To find out more about RightWay, check out our website or any of our social media channels Website - ⁠www.rightway.co.nz⁠ Facebook - ⁠RightWay - Home (facebook.com)⁠ Linkedin - ⁠RightWay Linkedin⁠ Instagram - ⁠RightWay - Instagram⁠ YouTube - ⁠RightWay - YouTube

    38 min

  2. 03/13/2024

    Navigating the Noise: What to Adopt and Abandon for Leadership Success

    In this episode of the Better Business, Better Life podcast, hosts Stuart Wilkinson and Shelley Dickson discuss the relaunch of their podcast with a focus on sharing insights and lessons from their client experiences, the inclusion of guest speakers on pertinent business topics, and the importance of engaging with their audience for content ideas. They delve into a report by MindShop titled 'What to Adopt and What to Abandon' aimed at business leaders, which outlines actionable strategies for business growth and improvement. The report highlights the need for businesses to focus on their plans, strategies, and, most importantly, implementation, amidst a world crowded with information and distractions. Key topics explored include the importance of adopting contrarian thinking, timeboxing, operational excellence, leadership skills, leveraging AI and technology, and abandoning practices like searching for unicorn team members, holding a fixed mindset, and neglecting work and life balance. Stuart and Shelley emphasize the significance of understanding profitable growth, building high-quality teams, and the steps necessary to effectively implement recommended changes. To access the report, click on the link here. To access the Mindshop Growth and Profit Diagnostics, click on the link here 00:00 Introduction and Podcast Revival 00:47 Goals for the Podcast Relaunch 02:09 Discussion on MindShop Report 03:34 Adopting New Strategies for Business 20:38 Abandoning Old Practices for Business Growth 30:39 Steps to Take Action and Conclusion

    34 min
  3. Budget 2023

    05/18/2023

    Budget 2023

    In this podcast, Stuart Wilkinson and Shelley Dickson discuss the New Zealand budget and its implications for business owners. They highlight key points such as the extension of early childhood care assistance programs, the scrapping of prescription co-payments, and free public transport for children under 13. They also mention the significant investment in infrastructure, including a focus on cyclone relief and support for apprenticeship programs. One important change discussed is the increase in the trust tax rate from 33% to 39%, which may impact individuals using trusts for tax minimization purposes. The hosts also touch on the need for infrastructure development to keep up with population growth and migration. They speculate on potential tax changes in the upcoming election year to address the country's debt and funding requirements. Overall, the discussion covers various aspects of the budget and its implications for businesses and individuals in New Zealand. Hosted on Acast. See acast.com/privacy for more information.

    30 min
  4. Cyber Security

    10/27/2022

    Cyber Security

    In today's episode, we discuss cyber security with RightWay's IT specialist Callum! We delve into the types of attacks that are frequently becoming problematic for business owners, such as ransomware, comprised business emails, and phishing scams. We also look into ways to protect yourself from an insider threat and how to protect your data from a breach. Filled with practical tips and advice from both ex-business owners and our IT guru this episode is not to be missed! During the episode we reference the following: https://www.cert.govt.nz/ BBC World Service - The Lazarus Heist - Downloads To find out more about RightWay, check out our website or any of social media channels Website - www.rightway.co.nz Facebook - RightWay - Home (facebook.com) Linkedin - RightWay Linkedin Instagram - RightWay - Instagram YouTube - RightWay - YouTube

    39 min
  5. What's in the news! - Offical Cash Rate Increase, Income Insurance Scheme and Fair Pay Agreements

    10/10/2022

    What's in the news! - Offical Cash Rate Increase, Income Insurance Scheme and Fair Pay Agreements

    On today's show, Stuart and Dave thought it was time to go through some of the stories that have been in the news that affect business owners. They discuss the latest rise in the Offical Cash Rate and what this means to lending, interest costs and potential ripple effects. They then dive into a couple of proposed legislative changes which could affect Business Owners. Fair Pay agreements and a national income insurance scheme. They discuss these initiatives and how they could affect business owners. In the episode, they reference a couple of articles which you can find links for below: A New Zealand Income Insurance Scheme – What does this mean? | Tax Alert - March 2022 | Deloitte New Zealandfair-pay-agreements-thought-leadership-august-2021.pdf (pwc.co.nz) To find our more about RightWay, check out our website or any of social media channels Website - www.rightway.co.nz Facebook - RightWay - Home (facebook.com)Linkedin - RightWay Linkedin Instagram - RightWay - InstagramYouTube - RightWay - YouTube Hosted on Acast. See acast.com/privacy for more information.

    47 min
  6. Wellbeing

    09/29/2022

    Wellbeing

    As it's Mental Health Awareness Week in New Zealand, we decided to discuss an important discipline every business owner should work on prioritising... their mental health! During the episode we call on Dave's well-being expertise, through his previous employment as a personal trainer, to provide a few tips and tricks to help you make your wellbeing a priority both at work and at home. To find out more about RightWay check out our website or any of our social media channels, Website - www.rightway.co.nzFacebook - RightWay - Home (facebook.com)Linkedin - RightWay LinkedinInstagram - RightWay - InstagramYouTube - RightWay - YouTube If you would like to suggest a topic of discussion please email marketing@rightway.co.nz Hosted on Acast. See acast.com/privacy for more information.

    39 min
  7. Awareness . Consideration . Decision (Part 2)

    09/08/2022

    Awareness . Consideration . Decision (Part 2)

    In part two of our sales and marketing discussion, Dave and Stuart discuss how you convert a sale. In part one, they dove into marketing your product/service and defining your customer, now, in part 2 they dig into the process of selling! During the episode, they discuss how a good sales process can make a huge difference to the time it takes to get a sale over the line and how much it can increase the chance of a conversion. They talk through real-life examples, which all business owners can relate to. Finally, they discuss how technology can help you be more efficient with your time. During the episode, Stu discusses taking your admin online and references: Released - Award Winning NZ Virtual Assistant Team for Trade Professionals To find out more about RightWay check out our website or any of our social media channels, Website - www.rightway.co.nzFacebook - RightWay - Home (facebook.com)Linkedin - RightWay LinkedinInstagram - RightWay - InstagramYouTube - RightWay - YouTube If you would like to suggest a topic of discussion please email marketing@rightway.co.nz *Please be aware this episode does contain one piece of bad language. Hosted on Acast. See acast.com/privacy for more information.

    45 min
  8. Awareness . Consideration . Decision

    09/01/2022

    Awareness . Consideration . Decision

    In today's episode, we focus on growth and how you start the process of looking to grow your business. We look at who your customer is and how this can affect your business model. We use a number of real-life examples to show the importance of knowing your customer and looking at who your competition is. This may be different from what you have traditional thought... To find out more about RightWay check out our website or any of our social media channels, Website - www.rightway.co.nzFacebook - RightWay - Home (facebook.com)Linkedin - RightWay LinkedinInstagram - RightWay - InstagramYouTube - RightWay - YouTube If you would like to suggest a topic of discussion please email marketing@rightway.co.nz Within the episode, we reference Rollers Bakery and their amazing donuts! ROLLERS BAKERY (@rollersbakerynz) • Instagram photos and videos Hosted on Acast. See acast.com/privacy for more information.

    35 min
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This podcast covers topics relevant to NZ business owners. We put a real emphasis on providing practical ideas, tips, and advice on how to move your business forward, especially in these challenging times.

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