The Friday Habit

Chad Willardson shares insights on teaching kids financial skills, importance of fiduciaries, distributing allowances wisely, and making learning about money fun. The podcast explores discussing cash flow with kids, incentivizing tasks for earning money, the relationship between money and happiness, and instilling generosity in children.

Chad Willardson discusses teaching kids financial skills early on, emphasizing the importance of financial education. He highlights the seven crucial skills kids should know before adulthood and how parents can make learning about money fun. The podcast also covers the difference between fiduciaries and financial advisors in looking out for clients' best interests.

Top business apps we've been geeking out about in 2021Ben's #3: Noted https://www.notedapp.ioMark's #3: Convert Calculator https://www.convertcalculator.coBen's #2: Notion https://www.notion.soMark's #2: Pixieset https://pixieset.comBen's #1: Miro https://miro.comMark's #1: Bonsai https://www.hellobonsai.com Go to TheFridayHabit.com to find show notes for this episode. There you can also find links to our websites and ways to get in touch. At the bottom of the page you can download our guide to the Friday Habit system that will show you how to set aside one full day each week dedicated to working on your business instead of in your business.If you enjoyed this episode please subscribe and leave us a review in the Apple podcasts app.If you have a question or a topic you’d like us to cover don’t forget to record us a quick voice memo and send it to hello@thefridayhabit.comThanks for listening to The Friday Habit.Until next time. Live every day like it’s Friday.

Kayvan Kian wrote the bestselling book What is Water: How Young Leaders Can Thrive in an Uncertain World. Kayvan’s book and his work as a consultant with Mckinsey seeks to show young leaders how to grow, how to thrive, and how to contribute in any situation.Recap / TakeawaysCreation is a magical thing that's always happening all around usYoung leaders often have more overwhelm, doubts, and insecuritiesWhat is Water book: Fish don't know what water isYou need to become better aware of your context (what's around you)He who has a why to live for can bear almost any how. (Nietzsche)You can transform many difficult situations to a positive if you find the why behind itYou must know yourself (what are you good at, not good at)Making better choices Ask yourself questions to narrow down your criteria:Which one makes more money?What aligns with my values?What do I personally want?What things do you want prevent?Scaling + Growing companiesHow do you make sure founder isn't a bottleneck?Come up with criteria for decision makingHow to best utilize the talent you currently have?People might have been hired for a unique skill, but people have more than that one skillHow to protect the culture that you have? You don't notice what your culture isGet an outside perspective - get input from new team members, customers, outside consultantsHow to take things to the next levelDon't just look back and measure things that have already happened. Instead find indicators that are forward-looking that you have control over and can measureAsk yourself: What does success look like? Given that picture of success, if we keep doing what we're doing, how confident are we that we have a good shot at this?Action ItemThink about what you're contributing to in the bigger sense (for yourself, friends, family, team, and society)Connect with Kayvanhttps://nl.linkedin.com/in/kayvan"What is Water"Connect with usGo to TheFridayHabit.com to find show notes for this episode. There you can also find links to our websites and ways to get in touch. At the bottom of the page you can download our guide to the Friday Habit system that will show you how to set aside one full day each week dedicated to working on your business instead of in your business.If you enjoyed this episode please subscribe and leave us a review in the Apple podcasts app.If you have a question or a topic you’d like us to cover don’t forget to record us a quick voice memo and send it to hello@thefridayhabit.comThanks for listening to The Friday Habit.Until next time. Live every day like it’s Friday.

Kayvan Kian wrote the bestselling book What is Water: How Young Leaders Can Thrive in an Uncertain World. Kayvan’s book and his work as a consultant with Mckinsey seeks to show young leaders how to grow, how to thrive, and how to contribute in any situation.Recap / TakeawaysCreation is a magical thing that's always happening all around usYoung leaders often have more overwhelm, doubts, and insecuritiesWhat is Water book: Fish don't know what water isYou need to become better aware of your context (what's around you)He who has a why to live for can bear almost any how. (Nietzsche)You can transform many difficult situations to a positive if you find the why behind itYou must know yourself (what are you good at, not good at)Making better choices Ask yourself questions to narrow down your criteria:Which one makes more money?What aligns with my values?What do I personally want?What things do you want prevent?Scaling + Growing companiesHow do you make sure founder isn't a bottleneck?Come up with criteria for decision makingHow to best utilize the talent you currently have?People might have been hired for a unique skill, but people have more than that one skillHow to protect the culture that you have? You don't notice what your culture isGet an outside perspective - get input from new team members, customers, outside consultantsHow to take things to the next levelDon't just look back and measure things that have already happened. Instead find indicators that are forward-looking that you have control over and can measureAsk yourself: What does success look like? Given that picture of success, if we keep doing what we're doing, how confident are we that we have a good shot at this?Action ItemThink about what you're contributing to in the bigger sense (for yourself, friends, family, team, and society)Connect with Kayvanhttps://nl.linkedin.com/in/kayvan"What is Water"Connect with usGo to TheFridayHabit.com to find show notes for this episode. There you can also find links to our websites and ways to get in touch. At the bottom of the page you can download our guide to the Friday Habit system that will show you how to set aside one full day each week dedicated to working on your business instead of in your business.If you enjoyed this episode please subscribe and leave us a review in the Apple podcasts app.If you have a question or a topic you’d like us to cover don’t forget to record us a quick voice memo and send it to hello@thefridayhabit.comThanks for listening to The Friday Habit.Until next time. Live every day like it’s Friday.

Shawn is a serial entrepreneur, having started and managed more than a dozen businesses, up to $100 million in revenue, involving products and services across a wide range of verticals. In the process, he has managed thousands of employees servicing tens of thousands of customers, large and small, from consumers to small to medium-sized businesses and even governmental entities.Main Topic NotesIt sounds like you've had a lot of jobs in your life, what was your first one and what was one lesson you carried on with you. Being an entrepreneur is different from being a business owner what do you think the pros and cons are of each one? I read somewhere where you said Have a Fearless Approach to Stand Up for Yourself & Your Business. what do you mean by that? We recently had Michelle Seller on the show talking about building your business to sell, you've said The Product is NOT the Business, But the Business IS the Product what do you mean by that? Recap / TakeawaysWhen people are against you because of where you're from, you have to bust through those things and work hard to succeed anywayIdentify problems in your industry, do it better than your competitors, and then box it up and sell your solution to othersIf your new tool helps your competitors become better than you, then your product must be much more valuable than your original businessWhat you're really worried about is that you won't be able to market that tool that you createCreate a chart of who would benefit from the tool or product you're creatingYou will need to make tweaks as you market it to each vertical, so count the up front investment and consider the riskYour product is not your business, every aspect of your business is your real productConnect with Shawnwww.connectwithshawn.comwww.eplaybooks.comConnect With UsGo to TheFridayHabit.com to find show notes for this episode. There you can also find links to our websites and ways to get in touch. At the bottom of the page you can download our guide to the Friday Habit system that will show you how to set aside one full day each week dedicated to working on your business instead of in your business.If you enjoyed this episode please subscribe and leave us a review in the Apple podcasts app.If you have a question or a topic you’d like us to cover don’t forget to record us a quick voice memo and send it to hello@thefridayhabit.comThanks for listening to The Friday Habit.Until next time. Live every day like it’s Friday

Shawn is a serial entrepreneur, having started and managed more than a dozen businesses, up to $100 million in revenue, involving products and services across a wide range of verticals. In the process, he has managed thousands of employees servicing tens of thousands of customers, large and small, from consumers to small to medium-sized businesses and even governmental entities.Main Topic NotesIt sounds like you've had a lot of jobs in your life, what was your first one and what was one lesson you carried on with you. Being an entrepreneur is different from being a business owner what do you think the pros and cons are of each one? I read somewhere where you said Have a Fearless Approach to Stand Up for Yourself & Your Business. what do you mean by that? We recently had Michelle Seller on the show talking about building your business to sell, you've said The Product is NOT the Business, But the Business IS the Product what do you mean by that? Recap / TakeawaysWhen people are against you because of where you're from, you have to bust through those things and work hard to succeed anywayIdentify problems in your industry, do it better than your competitors, and then box it up and sell your solution to othersIf your new tool helps your competitors become better than you, then your product must be much more valuable than your original businessWhat you're really worried about is that you won't be able to market that tool that you createCreate a chart of who would benefit from the tool or product you're creatingYou will need to make tweaks as you market it to each vertical, so count the up front investment and consider the riskYour product is not your business, every aspect of your business is your real productConnect with Shawnwww.connectwithshawn.comwww.eplaybooks.comConnect With UsGo to TheFridayHabit.com to find show notes for this episode. There you can also find links to our websites and ways to get in touch. At the bottom of the page you can download our guide to the Friday Habit system that will show you how to set aside one full day each week dedicated to working on your business instead of in your business.If you enjoyed this episode please subscribe and leave us a review in the Apple podcasts app.If you have a question or a topic you’d like us to cover don’t forget to record us a quick voice memo and send it to hello@thefridayhabit.comThanks for listening to The Friday Habit.Until next time. Live every day like it’s Friday

Hey everyone, Ben here. Mark is out today, but I have an excellent guest to talk with.Michelle Seiler Tucker is the Founder and CEO of Seiler Tucker Incorporated. She holds the M&AMI (Mergers & Acquisitions Master Intermediary) title, as well as Certified Mergers and Acquisitions Professional (CM&AP) and Certified Senior Business Analyst (CSBA). Michelle also owns many other businesses in several different industries. As a 20-year veteran in the M&A industry, she is regarded as the leading authority on buying, selling, fixing, and growing businesses. Her and her firm have sold over a thousand businesses in almost every vertical and have a remarkable track record of success.Main Topic NotesCan you tell us a little bit about your background?If someone is starting a business right now, today, how should they structure it to be sellable?What are the 6 Ps?How can you build a business that is sellable?What are some tips to get the best valuation for your business?Recap / TakeawaysTake the time to figure out your destinationFigure out where you are nowGet an annual valuation checkup from an M&A expertIdentify who your buyers are (need to have more than one)6 P's (foundation of business you can sell)People (the right people in the right places)Product (always innovate and market your product) Processes (what do you want your clients to experience? (3 things) Proprietary (brandingTM, databases, celebrity endorsements, patents, digital positioning, content) Patrons (80% of revenue comes from 20% of clients) Profits (a symptom of a problem) Connect with Michellehttps://seilertucker.comhttps://exitrichbook.comEmail: info@seilertucker.comConnect with UsGo to TheFridayHabit.com to find show notes for this episode. There you can also find links to our websites and ways to get in touch. At the bottom of the page you can download our guide to the Friday Habit system that will show you how to set aside one full day each week dedicated to working on your business instead of in your business.If you enjoyed this episode please subscribe and leave us a review in the Apple podcasts app.If you have a question or a topic you’d like us to cover don’t forget to record us a quick voice memo and send it to hello@thefridayhabit.comThanks for listening to The Friday Habit.Until next time. Live every day like it’s Friday.

Hey everyone, Ben here. Mark is out today, but I have an excellent guest to talk with.Michelle Seiler Tucker is the Founder and CEO of Seiler Tucker Incorporated. She holds the M&AMI (Mergers & Acquisitions Master Intermediary) title, as well as Certified Mergers and Acquisitions Professional (CM&AP) and Certified Senior Business Analyst (CSBA). Michelle also owns many other businesses in several different industries. As a 20-year veteran in the M&A industry, she is regarded as the leading authority on buying, selling, fixing, and growing businesses. Her and her firm have sold over a thousand businesses in almost every vertical and have a remarkable track record of success.Main Topic NotesCan you tell us a little bit about your background?If someone is starting a business right now, today, how should they structure it to be sellable?What are the 6 Ps?How can you build a business that is sellable?What are some tips to get the best valuation for your business?Recap / TakeawaysTake the time to figure out your destinationFigure out where you are nowGet an annual valuation checkup from an M&A expertIdentify who your buyers are (need to have more than one)6 P's (foundation of business you can sell)People (the right people in the right places)Product (always innovate and market your product) Processes (what do you want your clients to experience? (3 things) Proprietary (brandingTM, databases, celebrity endorsements, patents, digital positioning, content) Patrons (80% of revenue comes from 20% of clients) Profits (a symptom of a problem) Connect with Michellehttps://seilertucker.comhttps://exitrichbook.comEmail: info@seilertucker.comConnect with UsGo to TheFridayHabit.com to find show notes for this episode. There you can also find links to our websites and ways to get in touch. At the bottom of the page you can download our guide to the Friday Habit system that will show you how to set aside one full day each week dedicated to working on your business instead of in your business.If you enjoyed this episode please subscribe and leave us a review in the Apple podcasts app.If you have a question or a topic you’d like us to cover don’t forget to record us a quick voice memo and send it to hello@thefridayhabit.comThanks for listening to The Friday Habit.Until next time. Live every day like it’s Friday.

Four Steps to Decide What Pages to Include on Your Website:Define the purpose of your site (legitimizer, converter, attractor, salesperson, educator)Create a list of pagesStructure your site for SEOMake it easy to navigateAction ItemThink about what purpose your website should be serving. Take out your phone, pull up your website and take a look to see if it's achieving that purpose.Go to TheFridayHabit.com to find show notes for this episode. There you can also find links to our websites and ways to get in touch. At the bottom of the page you can download our guide to the Friday Habit system that will show you how to set aside one full day each week dedicated to working on your business instead of in your business.If you enjoyed this episode please subscribe and leave us a review in the Apple podcasts app.If you have a question or a topic you’d like us to cover don’t forget to record us a quick voice memo and send it to hello@thefridayhabit.comThanks for listening to The Friday Habit.Until next time. Live every day like it’s Friday.