The Good Advice Podcast: Do Business Better with Blake Binns

#47 - How to Hire Really Great Employees

35% of business owners say that finding and hiring great employees is their #1 problem. But is the problem less about the quality of candidates and more about how we treat our employees? This episode builds on our presentation at SHARP where we shared on how to engage employees through a healthy workplace culture, and how your B and C-level players can easily become part of your A-Team with the right management style. 

#46 - Break the Business Model to Thrive

What caused major brands like Walgreens and Nintendo to make it while other massive companies like Blockbuster and Kodak were eventually bankrupted? The answer is found in the willingness of a business to break its own business model. When you master how to pivot despite the temptation to do what's always worked or to do what's safe, your business will not only survive, but thrive as well. 

#45 - Part 2: Carey Lingenfelter, Chief Engagement Officer HomeInstead Senior Care

Carey Lingenfelter returns to share his wisdom on a number of topics as an expert in leadership, management, and growth. His perspective during this conversation is a must-listen for all business owners and entrepreneurs alike. 

Here's the relevant timestamps:

5:30 The Challenge of Becoming Self-Aware

10:00 Hitting the Pause Button For Your Life

15:45 Mastering Your "Why"

26:30 Why the Best Leaders Make Mistakes Often

43:30 Playing the Long Game by Delaying Today's Gratification for Tomorrow's Benefit

50:45 Overcoming the Blind Spots that Kill Momentum

1:00:45 Staying Positive When There's Every Reason to Be Cynical

#44 - Throw Out Annual Reviews. They're too slow.

Blake talks about how businesses have become too slow with using "annual reviews". Instead of helping employees grow, many managers wait for the annual mark to reveal past debts. If your business is ever going to grow and scale, you need to be able to not just pivot the business quickly, but help employees change their behaviors at a fast pace. It's also how you'll find out which employees are hungry and which ones are not. 

Enjoy the content? Learn more about Blake's Insider Access program -- www.goodadvicecoaching.com/insider-access.

#43 - Part 1: Carey Lingenfelter, Chief Engagement Officer HomeInstead Senior Care

We sit down with Carey Lingenfelter, Chief Engagement Officer and managing partner of HomeInstead Senior Care here in NWA. Carey is a highly visible and involved professional in the NWA area, which has led him to being tremendously sought after for his value system that combines high performance, personal accountability, and authenticity. As a serial entrepreneur and experienced leader, he continues to make a significant impact in both the for profit and non profit world. 

#42 - Even the Pros Can Get It Wrong

With rumors swirling that Itunes is on its death knell as Apple decides to move on, Blake explains how even the largest companies make mistakes, and how we shouldn't be discouraged by our own mistakes along the way. By passing the "Mom test", developing a high margin business, and keeping customers first, Blake explains how every entrepreneur can guarantee a level of success in their own journeys. Get on our Weekly Newsletter or subscribe at GoodAdviceCoaching.com.

#41 - Your Follower Numbers Don't Matter

Blake talks about a story in the news this week about an Instagram Influencer with over 2.6 million followers and her new clothing line. Should this guarantee traction for her business? You'd be surprised. We break down the problem with using Social Media for sales and how a multitude of business owners are missing the mark. 

Episodes referenced: #15 - Creating 1000 Raving Screaming Fans

#40 - Revisiting "What's Crucial For Starting a Business"

Blake talks through the core of your business and how every successful entrepreneur is laser focused on their offer. If you want to start a business that works, you'll need absolute clarity on what's the "what" before you spend any energy on the "how". 

Getting this backwards is why 42% of businesses fail -- they offer something no one wants. Worse, if you chase the "how" before figuring out the "what", you'll break the bank trying to force it to work. 

This episode references Episode #1 - What's Crucial for Starting a Business.

#39 - Should You Pay Your People More?

Quick podcast update from GERMANY – learning a little about the work culture here and especially about the founder of BOSCH, Herbert Bosch. We talk briefly about the question of pay stemmed from Bosch’s quote: “I’m rich not because I pay my workers so little. I’m rich because I pay my workers so much.”

#38 - Joshua Ayres, CEO Symbient, Startup Consultant & Public Speaker

Joshua Ayres is an expert in the entrepreneur and startup space, building off his lengthy career in the supply chain industry up into his transition as CEO of his own startup, Cart Delivered. He is currently the CEO of Symbient Product Solutions and continues to be a credible voice in the startup space on various topics including innovation, the importance of agility, effective culture, and product strategy. This episode was recorded in Puritan Coffee House, a local NWA hotspot.

Connect with Joshua: joshua.ayres@symbientps.com

Relevant Timestamps:

5:05 – The Problem with Big Businesses and Why They’re Slow

20:35 – Culture & Why Chick-Fil-A is So Good

33:05 – Rewards and The Challenges of Accountability

42:32 – How Leaders Can Avoid Being Slow & Disconnected

48:52 – The Relationship Between Simplicity & Success

52:06 – Startup Dysfunctions and Knowing When to Pivot

1:09:06 – Why Timing Can Matter More Than Strategy

1:24:30 – Why “Follow Your Dreams” is Bad Advice

1:42:24 – Lessons Learned from “Cart Delivered”