149. The “Mental” Game of Lifestyle Design by the Numbers, with Ben McAdams of Profits Collective

The Freedom Formula Podcast: Achieving Financial, Location and Time Freedom

In this episode of the Freedom Formula podcast, Neel Parekh sits down with Ben McAdam, a business coach who helps entrepreneurs increase their profits by analyzing their numbers. Ben shares his journey from being a classical pianist to becoming a business owner and explains how he discovered the power of numbers in growing a business. They discuss the mindset shifts required for entrepreneurship, the importance of prioritizing spending, and the role of mindset in achieving lifestyle design. Ben also shares his personal lifestyle design choices and offers insights into common objections and challenges faced by entrepreneurs.

Takeaways

• Analyzing numbers is crucial for growing a business and increasing profits.
• Entrepreneurs often struggle with mindset issues that prevent them from achieving their goals.
• Prioritizing spending and creating space for reflection and rest are essential for lifestyle design.
• Many entrepreneurs use busyness as an excuse to avoid addressing mindset issues.
• Coaching and accountability can help entrepreneurs overcome mindset barriers and achieve their goals.