How To Be Moderately Successful‪.‬ Mike Scott

In this episode, Mike discusses the importance of having a clear vision for a business and using a structured approach to make it usable. He draws inspiration from Jim Collins' work and emphasizes the need to start with vision before moving on to strategy and planning. Mike explains the three components of a vision: core values, purpose, and a big hairy audacious goal (BHAG). He highlights the significance of authenticity and relevance in defining these components. Mike also emphasizes the need to extract and communicate the vision to align the team and make informed decisions.

Takeaways

Having a clear vision is crucial for the success of a business.
A vision should consist of core values, purpose, and a big hairy audacious goal (BHAG).
Values should be action-oriented and accompanied by clear explanations of their meaning.
Purpose should be authentic and compelling, providing a reason for being.
A BHAG should be challenging and guide the long-term direction of the business.
It is important to extract and communicate the vision to align the team and make informed decisions.
Revisiting the vision periodically can help realign the business and address any deviations.

Chapters

00:00 Introduction and Importance of Vision
03:16 Vision, Strategy, and Planning
04:14 Components of a Vision: Core Values
05:10 Components of a Vision: Purpose
10:33 Components of a Vision: Big Hairy Audacious Goal (BHAG)
18:09 Extracting and Communicating the Vision
20:04 Revisiting the Vision


If you want to talk about working with me, get in touch on mike@smbmastery.com.au or https://www.linkedin.com/in/mikeadamscott/

In this episode, Mike shares his personal journey of overcoming anxiety and discusses practical techniques that have helped him improve his mental health and productivity. He emphasizes the importance of sleep and shares his evening routine for better sleep quality. Mike also talks about his morning routine, which includes meditation, breathwork, exercise, and cold plunges. He explains the benefits of journaling and shares breathing techniques that can be used throughout the day to regulate stress. Finally, Mike discusses the importance of transitioning from work to home and the overall importance of self-care. In this conversation, Mike discusses the importance of self-care and personal biohacking habits for business success. He emphasizes the integration of personal well-being and business performance, highlighting the interconnectedness of these aspects. Mike believes that understanding business deeply and prioritizing self-care are critical for leaders to excel in their roles.

Takeaways

Prioritize sleep for better mental health and productivity.
Establish a morning routine that includes meditation, breathwork, exercise, and cold plunges.
Journaling can be a powerful tool for self-reflection and mental clarity.
Practice breathing techniques throughout the day to regulate stress.
Create a transition ritual to shift from work to home and prioritize self-care. Self-care is essential for business success as it improves overall well-being and performance.
Biohacking techniques can optimize physical and mental health, leading to increased productivity and focus.
Integrating personal well-being and business success is crucial for leaders to excel in their roles.
Understanding business deeply and prioritizing self-care are not separate but interconnected aspects.

Chapters

00:00 Introduction and Context
02:29 Morning Routine: Sleep and Wake-Up
07:08 Morning Routine: Meditation and Breathwork
11:22 Morning Routine: Exercise and Cold Plunge
13:49 Morning Routine: Journaling
20:40 Throughout the Day: Breathing Techniques
39:47 End of the Day: Transitioning from Work to Home
45:28 Conclusion and Importance of Self-Care
10:32 The Importance of Self-Care
20:15 Biohacking for Optimal Performance
30:50 Integrating Personal Well-being and Business Success
45:49 The Connection Between Self-Care and Business


If you want to talk about working with me, get in touch on mike@smbmastery.com.au or https://www.linkedin.com/in/mikeadamscott/

This episode focuses on creating an environment and experience that makes employees want to stay and brings out the best in them. It covers topics such as differentiating between leadership and management, creating predictable environments, intrinsic motivators, defining winning aspirations and goals, individual and company-wide meetings, and developing a value proposition for talent. The episode emphasizes the importance of intentionality, transparency, and building a strong culture.
Takeaways


Leadership is about providing clarity, direction, inspiration, while management is about setting clear expectations and creating systems for accountability.Intrinsic motivators for employees include autonomy, mastery, and purpose.Creating a clear purpose and vision for the organization is crucial for attracting and retaining top talent.Regular one-on-one meetings and company-wide addresses promote transparency, accountability, and engagement.Building a strong culture requires intentional effort and a focus on creating an environment where employees can do their best work.Chapters


00:00
Introduction and Differentiation between Leadership and Management
01:24
Creating Predictable Environments and Meeting Expectations
02:21
Intrinsic Motivators: Autonomy, Mastery, and Purpose
05:36
Common Mistakes in Creating Purpose
06:58
Defining Winning Aspirations and Long-Term Goals
08:14
Essential Intent and Annual Objectives
09:33
Quarterly Objectives and Weekly Leadership Team Meetings
12:27
Individual Goals and One-on-One Meetings
13:56
Competing for Talent and Developing a Value Proposition
14:56
Company-Wide Addresses and Transparency
28:00
Creating an Intentional Environment and Building Culture
29:25
CEO One-on-One Sessions
If you want to talk about working with me, get in touch on mike@smbmastery.com.au or https://www.linkedin.com/in/mikeadamscott/

In this episode, Mike discusses the importance of getting and keeping the best people in a business. He emphasises the need for businesses to have a deliberate and intentional process for hiring and building a strong team. Mike highlights the significance of creating an ideal organisational structure, designing job descriptions, and implementing a rigorous interview process. He also emphasises the importance of marketing to attract talent and aligning values with the hiring process. Additionally, Mike emphasises the need to set clear expectations for the first 90 days of a new hire's job.
Takeaways


Building a strong team starts with a deliberate and intentional hiring process.Designing an ideal organizational structure and creating clear job descriptions are crucial for attracting and retaining the best people.Marketing to attract talent is as important as marketing to attract customers.Setting clear expectations for the first 90 days of a new hire's job is essential for their success and integration into the business.Chapters


00:00
Keeping and Getting the Best People
02:19
Building Businesses that Thrive
04:41
Designing the Ideal Organizational Structure
06:38
Creating Job Descriptions and Interviewing Process
08:49
Internal Referral Schemes
10:13
Having a Clear Owner for the Recruitment Process
11:11
Marketing to Attract Talent
12:30
Building a Hiring Process
13:51
Fire Fast, Hire Slowly
15:43
Gut Check in the Hiring Process
20:22
Values in the Interview Process
25:08
Setting Expectations for the First 90 Days
If you want to talk about working with me, get in touch on mike@smbmastery.com.au or https://www.linkedin.com/in/mikeadamscott/

In this episode, I, delve into the topic of 'Practical Resilience' and its crucial role in business and leadership. I open up about my recent experiences with my new venture, SMB Mastery, and how a personal crisis tested my resilience. I highlight the significance of confronting brutal truths in our businesses, maintaining healthy habits, and utilizing tools such as journaling and meditation to bolster mental resilience. Drawing on insights from thought leaders like Eckhart Tolle and Andrew Huberman, I emphasize the integration of personal resilience into our professional lives. Join me as we explore building sustainable resilience, enhancing leadership skills, and forging resilient teams for long-term success in the business world.
If you want to talk about working with me, get in touch on mike@smbmastery.com.au or https://www.linkedin.com/in/mikeadamscott/

Building a business is hard. 
Maintaining healthy relationships with those that you care about is hard.
 Staying fit and healthy in your body, your mind and your emotions is hard. 
This podcast is about finding and sharing tools, strategies and experiences that may help you to achieve and maintain moderate success in your life, whatever that means to you. 
There is a ton of content created by the billionaires, the ultra successful athletes, and by people that are at a level that the vast majority of us will just never get to. And if you're anything like me, you're totally okay with that. 
This is a place where we talk about how to build a great business, but not necessarily a massive one. A place to talk about how we build a life that is balanced and integrated, but not necessarily optimised to levels that are not realistic for most of us. 
In short, it's a place where we explore how to be moderately successful. 
The work will always remain yours, and for the most part, it's simple, but not easy.
I sincerely hope it's valuable to you.


If you want to talk about working with me, get in touch on mike@smbmastery.com.au or https://www.linkedin.com/in/mikeadamscott/