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2P1J - 2 Paths 1 Journey

Hugh Reardon & Connel Faulkner

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The "Two Paths, One Journey" podcast features Connel and Hugh, who started new businesses in early 2023. While this is Connel's first venture, Hugh has previously built several successful businesses, with revenues exceeding eight figures and employing over 100 people. The podcast offers weekly insights from their unique perspectives on entrepreneurship and life, as they share their experiences growing and starting a business.
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Opening Clip: 00:07 - 01:18 "Think of all the times that you've got some feedback by making a mistake. You take a risk, you make a mistake, you get the feedback, whether it's a customer, whether it's you do something silly, you don't think about that.” In this episode, we delve into the vital role of feedback in businesses, specifically learning fr…
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In this episode, we delve into the concept of the 'business triple threat'. Most business owners feel they need to excel in every aspect of their business to succeed. But is this the right approach? Drawing parallels with the entertainment industry's triple threat - singing, dancing, and acting - we explore the idea of mastering multiple skills ver…
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Welcome to the world of 'Post-Turtles' in business. No, it's not an exotic new species, but a metaphor that reveals a common pitfall in hiring strategies. A 'Post-Turtle' is an individual who has been promoted or hired into a position they are unprepared for or unsuitable, leading to potential business chaos. You might even recognise a few in your …
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Leading with Context: The Power of Risk Matrix in Decision-Making. In today's episode, we tackle a critical aspect of leadership and decision-making - leading with context, not control. We kick off with a real-world dilemma from a small business owner, who discovered a newly hired manager had a past conviction for fraud. The immediate reaction from…
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This episode is a must-listen for business owners who find themselves constantly juggling multiple tasks, many of which may not be contributing to the growth and success of their business. We delve into the challenge of distinguishing between the 'important' jobs that truly drive your business forward, and the '$20 jobs' that could easily be delega…
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In this episode, we delve into the power and importance of understanding and catering to individual work styles for improved team communication and efficiency. We introduce the concept of personal user manuals - a practical tool designed to communicate your work preferences, strengths, and quirks to your team members. We explore how this novel idea…
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This episode is all about making the most out of your reading time and choosing the best books to help develop your business acumen. We discuss the importance of being selective in your reading choices, focusing on quality over quantity. The episode delves into the concept of 'sundoku', a Japanese term for the pile of unread books that many busy pr…
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In this episode, we explore the power of anchoring and having hard conversations in transforming your business. We delve into the essence of preventing downstream issues by addressing the root cause of the problem, much like stopping a factory from dumping rubbish in a river, rather than constantly cleaning up the river. We discuss the concept of '…
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In this insightful episode, we grapple with the elusive concept of culture within small businesses, examining its importance, how to cultivate it, and overcoming challenges in its implementation. We tackle the notion of culture being the X-factor in successful businesses and sports teams alike, a common denominator that sets apart winners from also…
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We delve into the crucial topic of aligning your business with the right partners. We discuss why it's vital to choose partners that understand your business model, growth plans, and work ethic. Through personal anecdotes and insightful examples, we highlight the importance of having a bank manager and accountant who are not only competent but also…
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Welcome to an insightful episode where we delve into the significant aspect of business growth - building your dream team. This episode equips you with the tools to identify and hire A-Players, who can significantly enhance your business's productivity and performance. Using an engaging car metaphor, we explore how A-Players may cost about 20% more…
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In today's episode, we delve into the critical process of recruitment, specifically focusing on pre-screening and virtual interviews. We understand that as a small business owner, your time is precious, and recruiting is a task that you may not do frequently but can be costly if not done correctly. We kick off with a real-life story that highlights…
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In this episode, we untangle the misconceptions around policy creation in small businesses. We question the common advice to create policies in response to individual missteps or mishaps, arguing that this approach can often lead to unnecessary bureaucracy and a stifling work environment. We explore real-life scenarios where businesses have been mi…
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In episode 13 of the 2P1J Podcast, we welcome a special guest, Beau Ushay from Virtual Marketing Management. The discussion centers around a powerful concept: "Do Less Marketing Better." Beau shares his expertise on effective marketing strategies, emphasizing the importance of refining your marketing efforts to achieve meaningful results. We dive d…
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Welcome to Episode 12 of the 2P1J Podcast, where we take a reflective journey to explore how we arrived at this point and where we envision our future. In this special episode, aptly titled 'The Journey So Far,' we delve into the highs, the learnings, and the plans for the future. Part 1: Bad's Box Questions We kick off the episode with some lighth…
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In this special bonus episode, Connel and Hugh take a lighthearted approach as they review the first 10 episodes of the season. They engage in a playful Q&A session, throwing in some Uno cards to add to the fun. The duo kicks off the session by discussing the most impactful business learning from the previous episodes. They reflect on the valuable …
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In this episode of the 2P1J Podcast, we delve into the fascinating topic of business culture and challenge your current perspective. Discover why your view of your business culture may be incorrect and explore the subtle changes and dynamics that often go unnoticed. Business culture is like the personality of your company, encompassing shared belie…
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In this episode of the 2P1J Podcast, we delve into the extraordinary life and leadership style of Bill Campbell. While many may not recognize his name, Campbell was a football coach turned mentor to some of the biggest names in the tech industry, including Steve Jobs, Larry Page, Sergey Brin, and Mark Zuckerberg. Today, we uncover the playbook for …
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In this episode of the 2P1J podcast, Connel and Hugh delve into the fascinating world of process management and its crucial role in achieving success. Drawing inspiration from Atul Gawande's book, "The Checklist Manifesto," to provide insights into effective process management. In the rapid-fire review, Connel discusses the concept of "melting the …
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Welcome back to the 2P1J Podcast, where we inspire and educate the business owner. In this episode, we tackle the question of how to avoid becoming the next Kodak and instead create a sustainable competitive advantage. We start with a Rapid Fire Review, where our hosts reflect on how the show has impacted them personally. Hugh reveals that he's bet…
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Welcome to the latest episode of our podcast, where we're discussing the fascinating world of psychometric testing. Psychometric testing is a type of assessment that measures an individual's cognitive abilities and personality traits, providing valuable insights into values, motivations, preferences, behaviours, and interactions with others. We beg…
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We unpack the six steps to find the right candidate for your business. Connel and Hugh Share their mistakes and discussion the reasons behind this recruitment process. First, we need to define the environment. People tend to succeed in the environment they are used to, and this is rarely analyzed during the recruitment process. We need to identify …
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How to Set better goals using these tools. Welcome to the 2P1J podcast, where we inspire and educate business owners. In this episode, we discuss goal setting with OKRs and getting everyone rowing in the same direction. In the Rapid Fire Review, we summarize the first three shows and clarify the show's premise, values, and audience. The show theme …
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Welcome to the latest episode of 2P1J, where we explore the entrepreneurial mindset and what it takes to succeed in business. Find us at www.2p1j.com or email info@2p1j.com Here are the key points we cover: Entrepreneurial Mindset - What it takes to succeed? We dive into the mindset required to be successful in business, and share Connel's take hom…
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In this episode, we discuss the importance of knowing your customers, and how to interact with them to provide the best experience possible. Find us at www.2p1j.com or email info@2p1j.com Here are the key points we cover: Who are our customers? Or Who are our listeners? We define our listeners as business owners seeking valuable insights and practi…
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Welcome to the 1st episode of our 2P1J podcast, where we tackle the confusing world of business jargon. In this episode, we dive into the terms mission, vision, purpose, values, and goals, and how they are often used interchangeably. Find us at www.2p1j.com or email info@2p1j.com Here are the key points we cover: Mission, Vision, and Purpose can al…
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