The EntreLeadership Podcast

Topics include transferring ownership in a high-risk business, competing with Corporate America in employee benefits, handling an employee with sick child, and fairly setting compensation for your team.

Topics discussed include honoring a mother's legacy without debt, establishing annual bonuses, not being able to afford staff raises, eliminating business debt, dividing assets in a family business, challenges of buying from family members, determining bonuses in a fluctuating economy, the principle of generosity in profit sharing, financial challenges of giving raises, showing appreciation without monetary raises, unique ways to express gratitude, importance of being debt-free in a down economy.

Today we’ll hear about:•       How visionary leadership fails when middle management is not aligned with the vision•       When it’s actually beneficial to buy real estate for your business•       What to do when you have employees who are horrible with their finances and continue to ask for cash advances•       Why you can’t dwell on business failures if you want a successful businessLinks mentioned in this episode:•       The EntreLeadership Podcast•       Stages of Business Assessment•       Have a question for The EntreLeadership Podcast? Leave a voicemail at 844.944.1070 or submit your question for a chance to be on the show with Dave Ramsey: https://www.entreleadership.com/askStart growing in business and leadership with the EntreLeadership Newsletter. Sign up to receive tactical tools, advice and resources in your inbox every week: https://bit.ly/3IRWnsL Support our sponsors:•       NetSuite•       BELAY•       Payority•       TrainualLearn more about EntreLeadership Events:•       EntreLeadership Summit•       EntreLeadership Master SeriesLearn more about EntreLeadership Coaching:•       Elite•       Advisory Groups•       Executive Coaching•       Workshops•       Stages of Business AssessmentListen to all the Ramsey Network podcasts anytime, anywhere in our Ramsey Network app: https://apple.co/3eN8jNqLearn more about your ad choices: https://www.megaphone.fm/adchoicesRamsey Solutions Privacy Policy: https://www.ramseysolutions.com/company/policies/privacy-policy Learn more about your ad choices. Visit megaphone.fm/adchoices

Today's podcast covers topics such as diversifying business, finding trustworthy vendors, working with Gen Z, and changing company culture. It emphasizes the importance of focus, hiring the right people, and prioritizing staff well-being.

Learn how to establish a team culture and align workplace values in a company. Explore the challenges of transitioning from manufacturing and RV repair to real estate. Discover the importance of communication, training, and setting a strong foundation for the future. Get insights into the CEO's role in fixing broken things and understanding financial documents.

Dr. John Delony, expert in managing stress and promoting mental health in business leaders, discusses the link between anxiety and entrepreneurship, strategies for managing the weight of entrepreneurship including prioritizing tasks and setting up systems, and the importance of seeking legal advice as a business owner to prevent complications and liabilities.

This podcast explores the irony of Zoom asking employees to return to the office. It emphasizes the importance of face-to-face interactions, truthful decision-making, and personal development in business. They also discuss acquiring day care centers through owner financing and the challenges of dividing an estate among siblings. The hosts highlight the value of practical advice and hands-on knowledge in forming an advisory board for a business.

Learn how hiring friends can affect relationships, leadership lessons from the Freedom Convoy, rewarding employees without money, and managing tithes when your business contributes to your local church. The importance of setting boundaries in leadership relationships and clear communication in different roles is emphasized, along with the value of active listening and learning from stories.

Learn how to be a strong, relational leader and not take losing clients personally. Discover what adds value to your business when preparing to sell it and how to choose the best retirement benefits for your team. Explore the importance of clear expectations, effective communication, and assertiveness in leadership. Overcome time management challenges and get tips on growing your business. Find out about the emotional impact of losing accounts and how to handle it. Lastly, explore different employee plan options for small businesses.

Discussion on topics such as purchasing ownership in a family business, risks of borrowing a large amount for a business, moving money within entities, separating personal and business assets for risk management, managing overtime and employee benefits, the importance of personal growth in business, and setting clear expectations for payment terms.