Episode 150 - The Big 3 for Business Owners - Time, Team and Money with John Nieuwenburg
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In this episode of the Disruptive Successor Show, Jonathan Goldhill interviews John Nieuwenburg, an experienced business coach who shares insights gained from over 20 years of coaching small business owners. John delves into his journey from being the president of BC Liquor Stores to becoming a business coach, emphasizing the need for entrepreneurs to gain clarity and control over their businesses. The conversation highlights the challenges faced by business owners, such as time management, team building, and financial strategies. John explains his approach to coaching, focusing on identifying key priorities and eliminating tasks that hinder growth. The episode explores the personal aspects of coaching, discussing how coaching often involves a blend of business strategy and personal development. John and Jonathan emphasize the importance of articulating a clear vision and aligning the team's efforts to achieve business success.
KEY TAKEAWAYS
- Business coaching often entails personal coaching in disguise, providing entrepreneurs with a non-judgmental space to articulate their thoughts and challenges.
- The primary challenges for small business owners revolve around time management, team building, and financial strategies.
- Effective coaching involves helping business owners prioritize tasks, identify their top priorities (top 5), and delegate responsibilities to focus on high-value activities.
- Business success requires aligning the team's vision and efforts, emphasizing the need for clarity and strategic planning.
- Entrepreneurs should recognize tasks that evoke a feeling of dissatisfaction ("crap list") and delegate those tasks to free up time for high-value activities.
QUOTES
- All business coaching is personal coaching in disguise. It's the manifestation of the owner's mindset or skills that have taken them as far as they can go, and now they need to go beyond that."
- "Focus doesn't mean saying yes; it's about learning to say no. It's the hard thing about focus because business owners often suffer from shiny object syndrome."
- "Business coaching often involves providing a sounding board for entrepreneurs, allowing them to express their thoughts and define their vision, leading to action."
Connect and learn more about John Nieuwenburg in this link below.
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