The EntreLeadership Podcast
Hidden Blockers That Will Keep Your Business from Growing
Jan 8, 2024
Leadership team alignment, debt management, LLC vs. S-Corp, determining business value, troubles with burnout and debt, benefits of being debt-free, structuring business entities, tax implications of LLC and S-Corp, methods of valuing a small business
59:56
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Quick takeaways
- The role of the CEO in implementing changes and aligning the team's efforts is crucial for business growth.
- Having a clear vision, seeking support from other leaders, and exploring ways to improve profitability can combat burnout and regain motivation as a business owner.
Deep dives
Importance of Implementing Changes in a Company
In a recent podcast episode, a listener discusses the challenge of implementing changes in a digital marketing company, where some leadership members are resistant. The host emphasizes the role of the CEO in running block for the listener and ensuring that the desired changes are implemented. The host provides an example from his own experience of aligning branding across multiple brands within his company. He emphasizes the importance of explaining the reasons behind the changes to the team and persuading them of the benefits. Ultimately, the listener is advised to have a conversation with the CEO to gain alignment and get clear marching orders to implement the desired changes.
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