4 episodes

By discussing the challenges owner managers face spending all their time working in your business, Making Your Business Less Dependent On You is a podcast for owner managers craving a better work/life balance and time to actually work on your business, not in it. Tune in every other Wednesday for a blend of expertise and stories from those who 'get it'...

Making Your Business Less Dependent On You A4G Chartered Accountants

    • Business

By discussing the challenges owner managers face spending all their time working in your business, Making Your Business Less Dependent On You is a podcast for owner managers craving a better work/life balance and time to actually work on your business, not in it. Tune in every other Wednesday for a blend of expertise and stories from those who 'get it'...

    Connecting is not enough, with Andy Lopata

    Connecting is not enough, with Andy Lopata

    In this podcast episode, Malcolm Palmer interviews Andy Lopata. Andy is a true luminary in professional
    relationships and networking. With over 25 years of expertise under his belt, Andy is hailed as one of Europe's leading business networking strategists by the Financial Times and Forbes.com.

    In this conversation, Andy shares invaluable insights on stress management, time optimisation, and the delicate balance
    between vulnerability and positivity in professional relationships. He doesn't just offer theories; he provides actionable advice gleaned from years of experience and success.

    Key takeaways from their discussion:


    Learn to handle stress and overwhelm by developing
    coping mechanisms and a positive mindset.
    Balance vulnerability and positivity in
    professional relationships, knowing when to open up and when to maintain a positive
    image.
    Manage your time effectively and delegate tasks to
    maximize productivity        
    Identify the limitations on your business growth
    and find ways to overcome them.
    Practice strategic thinking and avoid
    catastrophizing by focusing on solutions and taking proactive steps.
    Build positive relationships and let go of negative
    ones to create a supportive network.
    Consider the challenges and lessons of franchising
    before pursuing it as a business model.
    Develop an exit strategy and succession plan by productizing
    your business and creating value beyond your personal involvement.
    Authenticity, trust, and reciprocity are key in building strong relationships.
    Effective networking requires active listening,
    asking open-ended questions, and following up.
    Social media platforms can be powerful tools for
    expanding one's network and showcasing expertise.
    Referrals are a valuable source of opportunities
    and should be nurtured through relationship-building.

    Timestamps:

    00:00 - Introduction and Background

    03:00 - Managing Stress and Overwhelm

    07:02 - Balancing Vulnerability and Positivity

    09:35 - Time Management and Delegation

    16:18 - Limitations on Business Growth

    20:42 - Productivity and Deep Work

    25:19 - Catastrophizing and Strategic
    Thinking

    29:01 - Building Positive Relationships
    and Letting Go of Negative Ones

    35:20 - Franchising and Lessons Learned

    43:16 - Exit Strategy and Succession Planning

     

    LINKS

    A4G | Website | Email | LinkedIn | Facebook | YouTube

    Durban Offshoring | Website | Email 

    Andy Lopata | Website

    • 46 min
    Are you the only person who can do this job?

    Are you the only person who can do this job?

    In this podcast episode, Malcolm Palmer discusses
    the importance of making your business less dependent on you.

    He introduces the five stages of the strategic planning process and emphasises the need to envision where you want your business to be in the future. He also highlights the challenge of finding employees who can perform tasks as effectively as you
    can. Malcolm encourages business owners to trust and delegate to others, and he provides tips on building a valuable team member.

     

    Takeaways 


    Envision where you want your
    business to be in the future and set clear goals
    Assess the current state of
    your business and identify areas for improvement
    Challenge yourself to delegate
    tasks and trust others to perform them effectively
    Focus on building a valuable
    team member who can contribute to the growth and success of your business.



    Chapters

    00:00 Introduction

    00:47 Chapter 4: The Five Stages of Strategic Planning Process

    03:12 Step 1: Where Do You Want to Be?

    04:06 Step
    2: Where Are You Now?

    05:02Are You the Only Person Who Can Do This Task?

    06:24 The Challenge of Finding Mini Versions of Ourselves

    07:19 Reaching the Natural Ceiling of Your Management Style

    11:56 Learning to Trust and Delegate

    14:34 Finding the Right People to Help

    15:18 Building a Valuable Team Member


    LINKS

    A4G | Website | Email | LinkedIn | Facebook | YouTube

    Durban Offshoring | Website | Email  

    • 14 min
    Begin with the end in mind

    Begin with the end in mind

    For this week's episode, we decided to begin with the end in mind (a reference to the book The Seven habits of highly effective people).

    Malcolm interviewed someone who has done the whole journey - from start up to growing their business to being the best in their industry in the UK to selling it on.

    That person is Richard Marshall.

    In the episode, Richard shares his experiences and insights on how delegating and trusting others with responsibilities played a pivotal role in his journey from business growth to making the business less dependent on him.

    Richard emphasises that as business owners, we cannot do everything. We have our limitations, and there are people who can fill those gaps.


    Takeaways from this episode: 


    Focus on what's best for the company rather than individual egos
    Recognise when you're becoming stale and in need of change
    Create a work-life balance to avoid burnout
    Recruit a successor to ensure the company's growth and success



    Let's continue the conversation

    Email us to book a free 1-2-1 - enquiries@a4g-llp.co.uk

    Find out more about how we can help make your business less dependent on you

    Read more about our sponsor, Durban Offshoring and how they can help you make your business less dependent on you

    • 48 min
    Life On The Doughnut

    Life On The Doughnut

    Summary

     In the first episode of the series, Malcolm Palmer starts by sharing his story of how he got to where he is. Him, in a little office in Dartford, where things kept going wrong.

     

    Malcolm discusses the importance of making your business less dependent on you sharing personal experiences and insights from his clients over the years.

     

    The conversation explores the concept of the doughnut and the different mental states business owners experience. It highlights the challenges of being on the edge of the ‘doughnut’ and the impact on profitability and personal wellbeing.

     

    The episode concludes with actions to help you to start the journey towards business independence.

     

    Takeaways

     


    Making your business less dependent on you is crucial for achieving work-life balance and long-term success  
    The doughnut analogy helps visualise the mental states of business owners, from relaxation to being out of control.
    Being on the edge of the doughnut can lead to high profitability but also increased stress and potential mistakes.
    Rationalising stress and finding solutions, such as delegation and systems overhaul, are key steps towards business independence.     
    Identifying unfulfilled talent within your business can contribute to making your business less dependent on you.

    Timestamps

    00:00 - Making Your Business Less Dependent on You

    04:35 - Life on the doughnut

    11:04 - Being on the doughnut

    13:43 - The Paradox of Stress and Profitability

    18:10 -
    Chapter 4: Rationalizing Stress and Finding Solutions

    22:36 - Identifying Unfulfilled Talent

    23:50 - Taking the Journey to Business Independence



    Let's connect

    www.a4g-llp.co.uk

    www.durbanoffshoring.co.uk

    Book a free 1-2-1 with A4G

    • 22 min

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