My Dad ran a Business ... My Dad ran a Company

My Job Here Is Done - Career Success Podcast

WHAT ARE WE TALKING ABOUT TODAY?

On this episode of the My Job Here Is Done business and career success podcast, we ask and answer the question - Is there a difference between running a business and running a company?

Spoiler Alert … YES!

WHAT TOPICS DO WE COVER?

* Dave and Kelli tell the real-life story about their Dads’ career journey and how both took a different path in life, one running a business and the other running a company.

* A business is a labor of love that requires the owner’s constant attention and effort. Why?

* A company is a self-sustaining system of - people who efficiently contribute, leaders who plan and guide, and processes and systems that feed the system information on a daily basis. Tell me more!

* For the entrepreneur, understanding that difference and knowing how to tweak business drivers early on could help you make the right choice on how to achieve your long-term income stream.

* For the intrapreneur looking for a challenge and opportunity to help grow your career, you need to know the difference between a business and a company so you can select the right environment in which to work and hone your leadership skills.

* There are a few important business and company fundamentals that we discuss, including the importance and meaning of the Mission Statement. The need for well-known and written Values to help guide everyone, and then you need Goals to help everyone know when they are winners.

WHAT’S THE TAKE-AWAY?

Know the difference between a Business and a Company.

If you, as the owner, stop coming to work in the “Business,” even for a short period of time, your income stops, and you might be on the verge of failure.

However, you, again the owner, could leave for six months straight, turn off your cell and never check email, and when you returned to your “Company,” it would be flourishing. Your income never stops while you are gone.

WE USED THESE RESOURCES:

Besides our experiences that directly relate to this topic, we found the following resources very helpful in preparing for this episode:

1 - We love the book “Rich Dad’s Cashflow Quadrant by Robert T Kiyosaki
Here’s our affiliate link to it on Amazon https://amzn.to/36hmJ6q

2 - And Kiyosaki’s classic Rich Dad Poor Dad
Here’s our affiliate link to it on Amazon https://amzn.to/3hbcpit

3 - We think Understanding ESOPs, 2020 Update Paperback by Corey Rosen and Scott Rodrick is an excellent reference and guide to Employee Stock Option Programs.
Here’s our affiliate link to it on Amazon https://amzn.to/3Ib48Hl

Please note: As an Amazon Associate, we earn from qualifying purchases at no additional cost to you, so thank you!

We referenced a previous episode of the My Job Here Is Done podcast; here’s a link to it, called “When I look in the Mirror I see Elon Musk”

You can also find the career success and business growth podcast My Job Here Is Done all over social media. Here are a few links to get you started - we appreciate any love you can give us.

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WHO ARE DAVE AND KELLI?

An Entrepreneur and Intrapreneur duo with street smarts, ‘preneurial’ chops, and a penchant for storytelling.

Dave and Kelli met as teenagers and have a life-long story of their own. They took separate and very contrasting career paths, both struggling with challenges and celebrating their career successes in very different ways.

Over the years, they noticed similarities in their stories about their work, the people they interacted with, and how business was conducted. Kelli, who “worked for the man like a dog for decades,” and Dave, who “started or ran businesses all of his life,” quickly realized there is substantial value for others in those combined experiences.

The “My Job Here Is Done” Podcast is the result. Ultimately, you’re either building a great business or moving up the career ladder of success, and we absolutely know we can help!

HOW TO WORK WITH US

If you like what you hear in the podcast, we have more to share with companies that we work with.

With the foundation of business experience from Dave and Kelli as a team, in concert with subject matter experts from the rich roster of smart people in our network, we have put these goals, culture themes, and operational processes you hear on the podcast to the test - and they work.

If you have a complicated problem to solve and believe in the balanced approach that the needs of the business must be aligned with the needs of employees - AND you like to play to win - click here to learn how you can work with us.

The My Job Here Is Done™ podcast, and these show notes are (c) 2022 2PointOh LLC.