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Pete Mohr discussed his journey from business owner to coach, focusing on helping business owners transition from operators to owners. Pete emphasized the importance of the "six Ps" framework: Promise, Product, Process, People, Promotion, and Profit. He highlighted the need for business owners to plan for their eventual exit, addressing financial readiness, business exit readiness, and personal mindset. We discussed the significance of communication and alignment within businesses, especially family-owned ones.
Join Heneka Watkis-Porter, the #JamaicanPodcastQueen, in this insightful episode of The Entrepreneurial You, as she welcomes Pete Mohr—exit strategist, Kolbe-certified coach, and founder of Simplifying Entrepreneurship. With over 20 years of experience in building, scaling, and selling businesses, Pete helps entrepreneurs reclaim their time, build strong teams, and create systems that allow businesses to thrive independently. With over 400 million small businesses worldwide, and only 20% surviving beyond five years, Pete shares why many entrepreneurs get stuck in the operator role and what it truly takes to transition into true business ownership. Understanding Business Value and Financials Pete explains why clean financials are the key to long-term business success. He sheds light on common exit planning myths, such as overestimating business value and assuming that a business can be sold at any time. He introduces the concept of Seller's Discretionary Earnings (SDE) and emphasizes how understanding your contracts, team, and financials is crucial to becoming “exit ready.” Team Dynamics with the Kolbe Assessment Heneka and Pete discuss the Kolbe Assessment, a tool that helps leaders build more effective teams by understanding conative strengths—how people naturally take action. Pete explains how aligning team roles with Kolbe profiles can reduce micromanagement and boost productivity, especially during times of growth or exit transitions. Pete's 5 P's + Promotion for Business Growth Pete shares his signature 5 P's Framework—Promise, Product, Process, People, Profit—along with a new 6th P: Promotion. This model helps entrepreneurs create transferable systems that lead to long-term scalability and success. Heneka resonates with this approach and shares her vision for empowering business owners to step into a more strategic, visionary role. Planning for Continuity and Unpredictable Risks Pete highlights that 50% of businesses are sold out of necessity—due to death, divorce, disability, or other external factors. He stresses the importance of preparing for business continuity risks and not waiting until it's too late to start strategizing for exit and succession planning. COMMUNITY CONNECTION: In this segment, I invite our community to share your reviews, questions, feedback, ect to engage with us. I'd love to hear from YOU—our amazing listeners—about your thoughts on today's episode or any questions you may have for Pete or myself. Share your reviews, feedback, or questions via email at heneka@henekawatkisporter.com or WhatsApp at 876-849-2571. Also, I'm thrilled to share details about my upcoming LeadHerShip Cruise, a groundbreaking leadership and networking event hosted aboard Royal Caribbean's Liberty of the Seas! This unique experience brings together a diverse community of leaders, professionals, and entrepreneurs for four unforgettable days of growth, empowerment, and transformative learning against the stunning backdrop of the Bahamas. Reach out to me at heneka@henekawatkisporter.com or WhatsApp 876-849-2571 to learn more! CONTACT PETE MOHR: LinkedIn: https://www.linkedin.com/in/petemohr Instagram: https://www.instagram.com/petesmohr Facebook: https://www.facebook.com/SimplifyingEntrepreneurship YouTube: https://www.youtube.com/@simplifyingentrepreneurship TRENDING NOW: Here's a staggering statistic: Only 20% of small businesses survive past their fifth year, and even fewer are prepared for a successful exit. With automation tools like AI streamlining operations and fractional leadership becoming more popular, there's never been a better time to focus on building systems that scale. If you enjoyed this episode of The Entrepreneurial You, subscribe on Spotify and Apple Podcasts, leave a rating, and share it with your friends. Visit henekawatkisporter.com to download a free eBook on how to conduct podcast interviews like a pro! AFFIRM WITH ME: I am building a self-sustaining business that thrives without me. Learn more about your ad choices. Visit megaphone.fm/adchoices
Today's episode features Business Coach and Roar Awards judge Pete Mohr - join us as we outline the biggest mistakes business owners are making, not only in their submissions but also the day to day running of their businesses.See omnystudio.com/listener for privacy information.
In this episode of The Million Dollar Flip Flops Podcast, Rodric sits down with Pete Mohr, a lifelong entrepreneur and exit planner, to talk about why every business should be exit-ready—even if you don't plan to sell. Pete shares his hard-earned wisdom from 30 years in business, including how to structure your company so it runs without you, why entrepreneurs often undervalue their businesses, and the biggest mistakes people make when thinking about an exit. If you want to build a business that supports your life (instead of the other way around), this episode is a must-listen!Key Insights:Your business should always be exit-ready—because 50% of exits happen unexpectedlyBusiness owners often undervalue their company and don't realize how much it's really worthA big red flag for buyers? When the owner is too involved in daily operations.Whether you sell or not, build your business so it can run without youThe best businesses give the owner freedom—not just a job they can't escapeQuote:“Your business is probably your biggest asset next to your home. You can't afford not to be exit-ready.”– Pete MohrGuest Links:pete-mohr.comPete on LinkedInPete on InstagramResources:Million Dollar Flip FlopsFollow Us on Insta Ready to transform your business and your life while making a difference? Grab your copy of *Million Dollar Flip Flops*—the ultimate guide to creating a life and business that feels just as good as it looks. And here's the best part: 100% of the proceeds go directly to our foundation, Send a Student Leader Abroad, with a goal of sending 1,000,000 deserving kids on life-changing trips around the world.As a thank you for your support, we're offering exclusive bonuses available only for our podcast listeners. These bonuses are packed with extra tools and resources to help you implement the principles from the book faster and more effectively.Don't miss this opportunity to gain invaluable insights, impact a young leader's life, and be a part of something bigger. Click the link, order your copy, and claim your listener-only bonuses today! Together, let's change lives—one trip at a time.www.MillionDollarFlipFlops.com/book**P.S.** Every book you buy gets us one step closer to sending 1,000,000 kids on life-changing adventures. Let's make it happen!
Are YOU the bottleneck in your business? In this episode of the DealQuest Podcast, I'm joined by Pete Mohr, certified exit planning coach, to share actionable strategies to reclaim your time, build a self-sustaining business, and exit with confidence.You'll get the lowdown on:- Creating a business that works for you- How to plan your exit strategy early-The secret to building a brand and team that thrives without youIf you're tired of feeling like your business can't run without you (because, let's be real, that's exhausting), this episode is a must-listen.And find out how to create a business that works for you, not because of you. • • •FOR MORE ON THIS EPISODE:https://www.coreykupfer.com/blog/petemohr• • •FOR MORE ON PETE MOHRhttps://www.linkedin.com/in/petemohrhttps://twitter.com/SimplifyingEhttps://www.facebook.com/SimplifyingEntrepreneurshiphttps://pete-mohr.com/https://simplifyingentrepreneurship.com/laws/FOR MORE ON COREY KUPFERhttps://www.linkedin.com/in/coreykupfer/http://coreykupfer.com/ • • • Corey Kupfer is an expert strategist, negotiator, and dealmaker. He has more than 35 years of professional deal-making and negotiating experience. Corey is a successful entrepreneur, attorney, consultant, author, and professional speaker. He is deeply passionate about deal-driven growth. He is also the creator and host of the DealQuest Podcast.Get deal-ready with the DealQuest Podcast with Corey Kupfer, where like-minded entrepreneurs and business leaders converge, share insights and challenges, and success stories. Equip yourself with the tools, resources, and support necessary to navigate the complex yet rewarding world of dealmaking. Dive into the world of deal-driven growth today!
In this episode of The Lunchtime Series with Kevin Britz, guest Pete Mohr, founder of Simplifying Entrepreneurship and host of the Business Owner Breakthrough podcast, discusses the importance of preparing a business for exit and why every business owner should care. With over 30 years of experience in transforming businesses, Pete emphasises that a business should support the life an owner wants to live, not the other way around.Pete introduces his 5P Structure — Promise, Product, Process, People, and Profit — as the foundation for building a business that can operate independently and attract buyers when the owner is ready to exit. He highlights that a business ready for exit is also well-positioned for growth, resilience, and owner freedom.Key points include: • Exit readiness is essential because 50% of businesses are sold under distressing circumstances such as illness, divorce, or partnership disputes. • Owners must consider whether they have built a business or merely created a job for themselves. • Systematising operations, delegating decisions to the lowest levels, and ensuring team alignment are critical for building a sellable business. • Pete stresses the importance of personal readiness for exit, not just financial and operational readiness, as many owners struggle with the emotional aspect of stepping away. • The CMA framework — Communication, Management, Accountability — is essential for business leadership, with simple structures making it easier to implement.Pete shares a success story of helping a business owner transform their musical instrument business into an internationally recognised brand with streamlined operations, illustrating the tangible benefits of exit readiness.His advice to business owners is to take time to reflect on where they want their business to go, write down their goals, and start implementing structures to build value and ensure long-term success.For more insights, Pete's book Business Owner Breakthrough is available on Amazon, and he encourages owners to assess their business's readiness through his value-building system.Connect with Peter:Website: https://pete-mohr.com/Email: Peter@simplifyingentrepreneurship.comConnect with Kevin:Learn more at www.kevinbritz.comhttps://www.kevinbritz.com/book/LinkedIn: https://www.linkedin.com/in/kevinbritz-leadership/Linktree: https://linktr.ee/kevinbritz
Guest: Pete Mohr, certified exit planner and Kolbe coach Key Topics Covered: The importance of having a clear external-facing "promise" for your business Using the Kolbe assessment to understand how your team naturally makes decisions and takes action Leveraging Kolbe insights to improve communication, alignment, and role fit within your team The value of starting exit planning early, even 3-5 years before a potential business exit Ways to Connect with Pete: Main website: Pete-Mohr.com Take the Value Builder assessment: Pete-Mohr.com Connect on LinkedIn: linkedin.com/in/petemohr
Join the Rooted in Retail Mastermind: Resilient Together--Ready to step away from your business and ensure its continued success? In this episode, fan favorite Pete Mohr returns to share essential insights on creating a solid exit strategy, building long-term value, and knowing when it's time to let go. Tune in for expert advice on how to plan your exit while freeing yourself from the daily grind! [4:23] Pete's retail journey recap [7:14] Why every business owner needs a solid exit strategy [12:09] First steps to escape the day-to-day grind [15:34] Why being good at something doesn't mean you should do it [18:57] The challenge of letting go and delegating [28:17] Evaluating your business's dependence on key employees, customers, or suppliers [29:05] The 8 key drivers for building company value [34:00] The importance of benchmarking your business ---Get all of the resources in our show notes - https://rootedinretail.com/episodes/mastering-your-business-exit-strategy-expert-tips-from-pete-mohr/Join the Rooted in Retail Facebook Group to continue the conversation Get your ticket to EVOLVE 2025 - $200 off when you use the code rooted Join our newsletter for all the latest marketing news for retailers Show off your super fandom by getting your Rooted in Retail Merch!
Learn how to prepare your business for a planned exit with Pete Mohr. Discover strategies for maximizing value and avoiding unplanned collapses. In this episode of Talking with the Experts, Rose Davidson chats with Pete Mohr, a Certified Exit Planner and seasoned business owner with over 30 years of experience. Pete shares actionable strategies to help business owners prepare their businesses for a successful, planned exit and avoid leaving money on the table. Pete discusses the critical difference between a planned and unplanned exit and how to ensure you're maximizing your business's value. He reveals the 5 D's that can cause an unplanned collapse of a business and explains the 4 types of capital that are crucial for adding value and creating a turnkey operation. With a focus on transforming operators into owners, Pete uses proven frameworks to help business leaders achieve true freedom and live the life they deserve. Whether you're considering an exit now or in the future, this episode will give you the tools to strategize effectively and secure your business's legacy. Three Things the Audience Will Learn: 1. The difference between a planned and unplanned business exit and why it matters. 2. The 5 D's that can lead to an unplanned business collapse. 3. How the 4 types of capital can significantly add value to your business. Tune in to gain expert insights and start preparing your business for a successful exit today! Connect with Pete: https://www.facebook.com/SimplifyingEntrepreneurship https://www.linkedin.com/in/petemohr https://simplifyingentrepreneurship.com/ PROMOTION: https://www.linkedin.com/in/petemohr ▼ ▼ You can connect with/follow Talking with the Experts: Book a guest spot: https://bit.ly/3ZfDQO4 Website: https://talkingwiththeexperts.com/ LinkedIn: https://www.linkedin.com/company/talking-with-the-experts/ Facebook Page: [Rose Davidson] https://www.facebook.com/rosedavidsonaustralia/ Instagram: https://www.instagram.com/rosedavidson_australia/ SoundCloud [Follow] https://soundcloud.com/talking-with-the-experts YouTube: [Subscribe] https://www.youtube.com/channel/UCkM5n5QJhnNAmUiMzii73wQ #RoseDavidson #TalkingWithTheExperts #ExpertInterviews #BusinessGrowth #LeadershipInsights #EntrepreneurMindset #IndustryLeaders #ProfessionalDevelopment #SuccessStrategies #PodcastForEntrepreneurs #InnovationAndTrends
What are the key steps to transitioning from an operator to an owner in your business? How do you build a team that can run your business without you?Pete Mohr is a business owner turned coach who's passionate about helping entrepreneurs break free from the daily grind. He's the founder of Simplifying Entrepreneurship and has mastered the art of moving from operator to owner. Join Scott and Pete as they explore: * Transitioning from operator to owner and gaining business freedom.* Pete's 5P Framework: Promise, Product, Process, People, Profit.* The importance of moving from “detail” to “dashboard” in your business.* Common roadblocks entrepreneurs face when trying to step back from operations.* The 5 D's of unplanned business exits and how to prepare for them.* Why sharing financial numbers with your management team is crucial.* Building a team that can make decisions without you.* Real-life success stories from entrepreneurs who have implemented these frameworks.Chapters for this episode: 06:20 - Pete's Journey as an Entrepreneur12:35 - From Operator to Owner: Why the Shift Matters21:45 - The 5 D's of Unplanned Business Exits32:49 - Building a Strong Management Team46:28 - Pete's 5P Framework for Business Success56:33 - The Importance of Communication, Process, and AccountabilityThanks to Pete Mohr for being on Business, Bourbon & Cigars. Connect with Pete on LinkedIn: https://www.linkedin.com/in/petemohr/ Learn more about Pete and Simplifying Entrepreneurship:https://simplifyingentrepreneurship.com/ BUSINESS, BOURBON & CIGARSBe sure to subscribe so you don't miss any episodes. * Apple Podcasts: https://apple.co/3SN2fHn * Spotify: https://spoti.fi/49EwtTo * YouTube: https://www.youtube.com/@MePlusUltraNetwork/podcasts Business, Bourbon & Cigars is the preeminent resource for ambitious leaders who want a backstage pass to the top. Each episode, we sit down with ultra-successful executives and industry leaders who share their insider strategies for growth and success. And of course, we may even sip on some of the finest bourbon and light up our favorite cigars while we chat.Each week, we bring you in-depth interviews with high-level executives and industry leaders who have a proven track record and in-depth understanding of what it takes to grow a business. They'll share their no-nonsense approach, the challenges they faced on their journey to the top, and the strategies that helped them overcome obstacles and forge their own path to ultra-success.ME PLUS ULTRA Transform your business and redefine your world with Me Plus Ultra virtual masterminds and leadership retreats: https://MePlusUltra.com Me Plus Ultra is a place where visionary entrepreneurs come together, not just to network, but to forge lasting connections, inspire one another, and grow their businesses with confidence and purpose. With exclusive access to industry-leading knowledge, personalized growth strategies, and...
Text PeteEpisode Summary: In this episode of the Business Owner Breakthrough, we dive into the critical role of clarity in your business promise. Pete Mohr discusses why understanding and refining your promise to clients is essential for aligning every aspect of your business—from decision-making to customer experience. By the end of this episode, you'll have actionable insights to revisit your business promise and ensure it's still relevant and compelling.Key Takeaways:The Importance of Clarity: Pete emphasizes that every major decision in your business should revolve around the clarity of your promise. Without this clarity, you may struggle to align your products, processes, and people effectively.Understanding the Client Journey: Pete walks through the process of taking clients from their initial problem to their "better life," highlighting the importance of creating a unique, step-by-step journey that differentiates your business from competitors.Aligning Business Elements: The episode underscores the necessity of aligning your products, processes, and people with your promise to create a cohesive and successful business model.Actionable Steps: Pete provides listeners with practical steps to refine their business promise, ensuring it resonates with current client needs and market conditions.Real-World Example: Pete shares how his shoe store, Shoetopia, embodies its promise to help customers "look great and feel fantastic," breaking it down into the "Ooo, Ah, and Aha" moments that create memorable customer experiences.Action Item: Listeners are encouraged to take time to reassess their business promise. Pete suggests reviewing the language and relevance of your promise, and how it impacts every aspect of your business. Make necessary adjustments to ensure your promise still aligns with your business goals and customer expectations.Hashtags: #BusinessPromise #Entrepreneurship #CustomerExperience #BusinessClarityAre you looking to make some changes in your business and your life in 2024? Head over to speaktopete.com and book a chat with me to see if we're the right fit!Maximize Your Business's Value with the Value Builder Assessment! As a business owner, do you know what your company is truly worth? The Value Builder Assessment is a powerful tool that helps you uncover the key factors influencing your business's value. Whether you're considering a sale, planning for the future, or simply want to grow, this assessment offers actionable insights to increase your business's worth and appeal to potential buyers. Don't leave your business's future to chance. Click here to take the Value Builder Assessment and start building a more valuable, resilient business today!Book a no charge Freedom Call with Pete, to see if you're a good fit for his business coaching or talk to Pete about speaking at your next event head over to http://speaktopete.com to find a time that works for you! To connect with Pete: Website: https://simplifyingentrepreneurship.com/Instagram at https://www.instagram.com/petesmohr/LinkedIn at https://www.linkedin.com/in/petemohr/Email: pete@simplifingentrepreneurship.com
Text PeteEpisode Description: Welcome to Season 5 of the Business Owner Breakthrough! In this exciting first episode, Pete Mohr introduces his latest book, The Business Owner Breakthrough, and revisits the cornerstone of his business philosophy—the Five P's: Promise, Product, Process, People, and Profit. If you're feeling overwhelmed and stuck in the daily grind of running your business, this episode will guide you on how to realign your business to support the life you want to live. Pete shares actionable insights and a sneak peek into his new book, which serves as a toolkit for transforming your business and reclaiming your time.Key Takeaways:Introduction to the Five P's: A refresher on the Five P's—Promise, Product, Process, People, and Profit—and how these principles are essential for business success.Defining Your Promise: Learn how to articulate your business's core promise and why it's crucial for aligning every aspect of your business.Why the Book Matters: Discover the inspiration behind The Business Owner Breakthrough and how it can help you break free from the daily grind.Launch Date Announcement: Don't miss the launch of The Business Owner Breakthrough on September 10th, 2024!Links and Resources:Pre-order The Business Owner Breakthrough on Amazon: [Link] (Launching September 10th)Dive deeper into the Five P's with Pete's resources at https://simplifyingentrepreneurship.com/resources/Quotes:“We got into business to support our lives, not to have our lives support our business.”“When your promise is clear, everything else falls into place.”Maximize Your Business's Value with the Value Builder Assessment! As a business owner, do you know what your company is truly worth? The Value Builder Assessment is a powerful tool that helps you uncover the key factors influencing your business's value. Whether you're considering a sale, planning for the future, or simply want to grow, this assessment offers actionable insights to increase your business's worth and appeal to potential buyers. Don't leave your business's future to chance. Click here to take the Value Builder Assessment and start building a more valuable, resilient business today!Book a no charge Freedom Call with Pete, to see if you're a good fit for his business coaching or talk to Pete about speaking at your next event head over to http://speaktopete.com to find a time that works for you! To connect with Pete: Website: https://simplifyingentrepreneurship.com/Instagram at https://www.instagram.com/petesmohr/LinkedIn at https://www.linkedin.com/in/petemohr/Email: pete@simplifingentrepreneurship.com
Text PeteIn this episode of the Business Owner Breakthrough, Pete Mohr delves into the critical task of ensuring your products and services align with your business promise. Building on last week's discussion about refining your business Promise, this episode explores the importance of regularly assessing your offerings to ensure they continue to deliver on that promise and contribute to your business's success.Key Takeaways:Reassess Your Offerings: Pete encourages listeners to revisit their product and service offerings in light of their recently refined business promise. He challenges the assumption that existing products automatically align with the promise and suggests that it's essential to reassess periodically.The 10/80/10 Rule: Pete introduces the concept of the 10/80/10 rule, where business owners should consider phasing out 10% of their offerings that no longer add value. This exercise helps in honing the core offerings, making them cheaper, better, and faster while staying aligned with the business promise.Continuous Innovation: The episode emphasizes the importance of always looking for new products and services that can enhance the customer experience. Pete encourages business owners to test new ideas to ensure they align with the promise and potentially become part of the core offerings.Multiple Promises: Pete discusses the idea of having multiple promises within a business, where an overarching promise guides the business, and smaller promises align with specific product lines or services. This structure ensures that all aspects of the business stay consistent with the core promise.Alignment Equals Profit: The episode stresses that aligning products and services with the business promise not only clarifies the business direction but also boosts profitability. Pete advises that products must align with the promise and remain profitable; otherwise, they should be reconsidered.Action Item: This week, your homework is to go through every product and service in your business. Ask yourself, "Does it align with our busineAre you looking to make some changes in your business and your life in 2024? Head over to speaktopete.com and book a chat with me to see if we're the right fit!Maximize Your Business's Value with the Value Builder Assessment! As a business owner, do you know what your company is truly worth? The Value Builder Assessment is a powerful tool that helps you uncover the key factors influencing your business's value. Whether you're considering a sale, planning for the future, or simply want to grow, this assessment offers actionable insights to increase your business's worth and appeal to potential buyers. Don't leave your business's future to chance. Click here to take the Value Builder Assessment and start building a more valuable, resilient business today!Book a no charge Freedom Call with Pete, to see if you're a good fit for his business coaching or talk to Pete about speaking at your next event head over to http://speaktopete.com to find a time that works for you! To connect with Pete: Website: https://simplifyingentrepreneurship.com/Instagram at https://www.instagram.com/petesmohr/LinkedIn at https://www.linkedin.com/in/petemohr/Email: pete@simplifingentrepreneurship.com
In this episode, we sit down with Pete, a seasoned entrepreneur with over 29 years of experience in business ownership. Pete is dedicated to helping fellow entrepreneurs transform their frustrations into freedoms by cutting through the chaos and overwhelm of running a business. Through a variety of effective frameworks, Pete empowers business owners to shift from being operators to true owners of their enterprises. Pete's coaching philosophy is grounded in his belief that "You own your business; it shouldn't own you." Tune in to discover how Pete's refined tips, tools, and techniques—honed through years of personal experience—can help you reclaim control of your business and achieve the life you deserve.
Is Your Business Exit Ready with Pete Mohr In this episode, we're thrilled to have Pete Mohr, an expert dedicated to helping business owners turn their frustrations into freedoms. With over 29 years of experience as a business owner, Pete has honed a range of frameworks designed to cut through the chaos and overwhelm of running a business. Pete's focus is on helping leaders transition from being operators of their business to becoming true owners. Drawing from his extensive background in service and retail, he shares refined tips, tools, and techniques that enable business owners to implement turnkey solutions and achieve the freedom they deserve. In this episode, you will learn the following: Ensuring clarity in all aspects of your business, including processes, people, clients, culture, and financials. Prepare your business to be exit ready, enhancing operational efficiency and future planning, whether or not you plan to sell. Maintaining clean books and documented processes to improve business efficiency and appeal to potential buyers. Building a diversified client list, recurring revenue models, and a strong company culture to enhance business value and attractiveness. Implementing checklists and documented processes to streamline operations, boost efficiency, and prepare for potential sale. Engaging with your community to build a positive reputation and contribute positively as a business owner. Links: Email: pete@mohr.coach Linkedin: https://www.linkedin.com/in/petemohr/ Instagram: https://www.instagram.com/petesmohr/ Facebook: https://www.facebook.com/SimplifyingEntrepreneurship Youtube: https://www.youtube.com/@simplifyingentrepreneurship Website: https://simplifyingentrepreneurship.com/ Other Links if needed: Twitter: https://twitter.com/SimplifyingE Website for Shoetopia: https://www.shoetopia.ca/ Business Owner Breakthrough Podcast Links: Apple: https://podcasts.apple.com/us/podcast/business-owner-breakthrough-podcast/id1567456933 Spotify: https://open.spotify.com/show/6Ptf6BD1wrGWRdf9dlnA9W Google Podcasts: https://podcasts.google.com/feed/aHR0cHM6Ly9mZWVkcy5idXp6c3Byb3V0LmNvbS8xNzgwODg2LnJzcw== Hi, I'm the Profit Answer Man Rocky Lalvani! I help small business owners simplify their financial reports to make more informed business decisions with fewer hassles. We utilize the Profit First system created by Mike Michalowicz Sign up to be notified when the next cohort of the Profit First Experience Course is available! Check out our website: http://profitcomesfirst.com/ Questions: questions@profitanswerman.com Email: rocky@profitcomesfirst.com Relay Bank (affiliate link) - https://relayfi.com/?referralcode=profitcomesfirst Profit Answer Man Facebook group: https://www.facebook.com/groups/profitanswerman/ My podcast about living a richer more meaningful life: http://richersoul.com/ Profit First Toolkit: click here to sign up Music provided by Junan from Junan Podcast Any financial advice is for educational purposes only and you should consult with an expert for your specific needs. #profitfirst
In this episode of the Customers First Podcast, Tacey has a detailed conversation with Pete Mohr about the power of improved communication and processes in helping companies build stronger teams. Pete shares his entrepreneurial journey and explains the importance of understanding the three parts of the brain: Cognitive, Conative & Affective, and the skills for innately taking action. He highlights the significance of the Kolbe assessment in uncovering how individuals naturally take action (not feelings) and how it can be used to enhance team dynamics. Pete delved into Kolbe's four action modes: Fact Finder, Follow Through, Quick Start, and Implementer. He explained each mode's characteristics and how they influence decision-making and work preferences. Pete emphasized the importance of understanding these action modes in leading teams effectively and acknowledging and leveraging each team member's strengths. Moreover, Pete discussed the value of filling gaps within teams by hiring individuals with complementary action modes. He shared insights into using the Kolbe assessment during the hiring process to ensure candidates align with the expectations of their roles. Pete emphasized the importance of effective communication in addressing common team issues and driving business success. Reflecting on the impact of the pandemic on businesses, Pete highlighted the need for adaptability and resilience in navigating challenges. He emphasized the importance of being prepared to pivot quickly in the face of unforeseen circumstances. Pete underscored the significance of effective communication in leadership and how catering to individual communication preferences can enhance team performance and engagement. In conclusion, Pete emphasized the role of communication in fostering productive teamwork and shared insights into leveraging the Kolbe assessment to optimize team dynamics and drive business success. He encouraged leaders to prioritize understanding and meeting the diverse communication needs of team members to create a cohesive and effective work environment. Timestamps: 3:11: Understanding the Three Parts of the Brain 6:26: Exploring the Four Action Modes 17:48: Building Strong Teams with Colby Profiles 28:25: Utilizing Kolbe Reports in Hiring Processes 32:08: Benefits of Kolbe Method for Leaders 34:27: Adapting Business Strategies Post-Pandemic 36:55: Importance of Effective Communication Pete's Contact Information: Website: https://simplifyingentrepreneurship.com LinkedIn: @petermohr Tacey's Contact Information: All of Tacey's social media profiles are @TaceyAtkinson Website: https://www.taceyatkinson.com Thank you for tuning in, and I look forward to having more valuable conversations together in the future. Remember: Customer-Centric Cultures Create Magical Customer Experiences. Now Go, Create the Magic!
Send us a Text Message.Join me as I sit down with Pete Mohr, an expert in business transformation, to uncover his powerful CPA framework: Communication, Process Management, and Accountability. With 30 years of experience, Pete shares invaluable insights on how to transition from being an overwhelmed operator to a strategic business owner. Learn practical tips on effective delegation, creating robust processes, and building accountability within your team. Whether you're a new entrepreneur or a seasoned business owner, this episode is packed with strategies to help you achieve business freedom and sustainable growth. #BusinessLeadership, #Entrepreneurship, #BusinessGrowth, #Delegation, #ProcessManagement, #Accountability, #BusinessTips, #SmallBusiness, #StrategicGrowth, #BusinessCoaching Key Moments: Introduction and Background (0:02 - 1:06) The Importance of Delegation (5:15 - 7:13) Communication, Process Management, and Accountability (8:09 - 12:40) Tools and Strategies for Effective Communication (16:21 - 19:52) Creating and Implementing Processes (20:13 - 24:27) Building Accountability within the Team (24:42 - 29:05) Advice for New Entrepreneurs (31:06 - 32:49) Closing Remarks and Offer (29:10 - 30:30)Support the Show.Resources: https://affordablebookkeepingandpayroll.com/resource-opt-in Become a supported of the show: https://www.buzzsprout.com/1522381/support
Today's Guest: Pete MohrPete helps business owners transform their frustrations into freedoms by using a variety of frameworks that help them cut through the chaos and overwhelm of running a business. With over 29 years as a business owner, he's refined many of his tips, tools, and techniques in the trenches within his own businesses in service and retail. Helping leaders transform from the operators of their business to the owners of their business is the primary focus.It's time to start using frameworks that allow you to have a turnkey business so that you can live the life you deserve!Episode Quotes:"Your business should prop up the life you want to live." -Pete Mohr"If you don't trust your processes, it's time to reevaluate them." -Amber Fuhriman"When business owners don't delegate and assign accountability, burnout is inevitable." -Pete Mohr"For most businesses, the delegation conversation usually happens later than it should." -Amber FuhrimanFind Amber on Instagram: https://www.instagram.com/amberraefuhrimanPete Mohr:Linkedin: https://www.linkedin.com/in/petemohr/Instagram: https://www.instagram.com/petesmohr/Facebook: https://www.facebook.com/SimplifyingEntrepreneurshipYoutube: https://www.youtube.com/@simplifyingentrepreneurshipWebsite: https://simplifyingentrepreneurship.com/ If you are interested in connecting with Amber, send an email to amber@amberfuhriman.com.Connect with other incredible people looking to break out of the corporate mindset by joining the Facebook Success Center: http://bit.ly/2MuWn53Checkout Amber's Speaker Reel: https://www.youtube.com/watch?v=vPj5OBvjrr0Schedule a connection call with Amber: https://calendly.com/amberfuhriman/connection-call?month=2021-05If you are interested in connecting with Amber, send an email to amber@amberfuhriman.com. Hosted on Acast. See acast.com/privacy for more information.
TradeThrive - Sales, Marketing & Automations For Contractors
Summary The conversation covers the topic of building a business to exit, emphasizing the importance of planning and strategizing for the inevitable exit of a business. It delves into the value of businesses, the process of selling a business, and the impact of exit planning on business valuation and potential buyers. The conversation also explores the significance of setting up a business to run on its own, creating predictability for a future buyer, and the rewards of setting up a business for an exit. This is my Ultimate Resource - it has everything you need to grow and scale your business. There's referrals for marketing agencies, insurance, accounting, apps and tools, and even free courses. Check it out: https://tannermullen.typedream.app Meet Pete: https://simplifyingentrepreneurship.com --- Send in a voice message: https://podcasters.spotify.com/pod/show/tanner-mullen/message
Episode 188 of The Smart Agents Podcast features Pete Mohr, founder of Simplifying Entrepreneurship, to discuss the importance of setting up your business to create the life you want. He emphasizes the need to align your business with your vision and use it to achieve your desired lifestyle. Pete also explains the power of vision, mission, and promise in guiding your business and attracting the right clients. He highlights the importance of going beyond the mission statement and creating a promise that shows the transformation you can provide to your clients. Additionally, Pete discusses the importance of planning for the end game in business. He emphasizes the need to build a business that can be comfortably exited in the future. Get Your Copy of The 10 Laws to Business Leadership: https://simplifyingentrepreneurship.com/laws/ Listen to the Business Owner Breakthrough Podcast at: https://podcasts.apple.com/us/podcast/business-owner-breakthrough-podcast/id1567456933?uo=4
On today's episode of the Customer's First Podcast, Tacey's guest is Pete Mohr, who shared his journey in entrepreneurship for over 30 years. Pete owns two footwear stores in Ontario (Shoetopia) and his Simplifying Entrepreneurship coaching business. He's implementing the tools and frameworks he speaks to within his own businesses—it's not just theory! Pete emphasized the importance of having a well-defined promise, aligning processes to the promise, and empowering employees to make decisions based on the promise. He discussed the significance of effective communication, process management, and accountability in business growth. Pete also shared personal experiences, including using business structures to spend valuable time with his parents before they passed away. The conversation highlighted the need for continuous improvement in communication and processes in business to align with personal goals and create a better work-life balance. Timestamps: 0:06:02 The Five Ps of Business 0:08:53 Differentiating Promise from Vision and Mission 0:13:08 Developing and Communicating the Promise 0:18:50 Importance of Communication in Business 0:22:51 The Three Keys to Freedom: CPA 0:26:18 Align It, Assign It Framework 0:28:14 Moving from Operator to Owner: 10 Laws Pete's Contact Information: Website: https://simplifyingentrepreneurship.com LinkedIn: @petermohr 10 Laws for Moving from Operator to Owner https://simplifyingentrepreneurship.com/laws/ The Assign It accountability worksheet https://simplifyingentrepreneurship.com/4as/ Tacey's Contact Information: Website: https:www.taceyatkinson.com All of Tacey's social media profiles are linked there and here: https://linktr.ee/taceyatkinson Thank you for tuning in, and I look forward to having more valuable conversations together in the future. Remember: Customer-Centric Cultures Create Magical Customer Experiences. Now Go, Create the Magic!
In today's episode of the Business Owner Breakthrough Podcast, host Pete Mohr dives into the transformative power of the Kolbe system, specifically focusing on the 'expand' stage crucial for optimal team composition and hiring practices. Pete elucidates how the Kolbe system's 'right fit' strategy can be a game-changer in aligning candidate capabilities with job requirements, thereby enhancing team dynamics and business outcomes. By dissecting the 'range of success', Pete provides actionable insights into identifying the best and avoiding the least suitable candidates, demonstrating through real-life examples the significance of matching Kolbe A results with job roles for maximized performance.Here are a few things Pete covers:Understanding the 'range of success' for precise candidate evaluationLeveraging Kolbe A, B, and C for enhanced team communicationStrategic hiring using the Kolbe 'right fit' systemImplementing Kolbe insights for CEO and sales rolesBenefits of Kolbe assessments in the hiring processIt's time to take action:After listening to the podcast, your next step is to explore how the Kolbe system can be integrated into your hiring process to ensure you're bringing on board candidates who truly fit your business needs. If Kolbe's method intrigues you and seems like the right addition to your hiring toolkit, don't hesitate to reach out for a personalized consultation. Visit speaktopete.com to get started on refining your hiring strategies with Kolbe.Are you looking to make some changes in your business and your life in 2024? Head over to speaktopete.com and book a chat with me to see if we're the right fit!Support the showTo Book a no charge Freedom Call with Pete, to see if you're a good fit for his business coaching head over to http://speaktopete.com to find a time that works for you! To connect with Pete: Website: https://simplifyingentrepreneurship.com/Instagram at https://www.instagram.com/petemohr_coach/LinkedIn at https://www.linkedin.com/in/petermohr/Email: pete@simplifingentrepreneurship.com
In today's episode of the Business Owner Breakthrough Podcast, host Pete Mohr dives deep into the Kolbe system's "align" phase, exploring how aligning team members' natural strengths with job requirements can dramatically boost productivity and fulfillment. Pete breaks down the intricacies of the Kolbe A, B, and C assessments, illustrating their critical role in ensuring team members are in their rightful place on the accountability chart. By leveraging the unique insights provided by these assessments, Pete demonstrates how business owners can enhance team dynamics, reduce stress, and fulfill their promise to customers more effectively.Here are a few things Pete covers:The importance of aligning individual strengths with job requirements for maximum productivity.Utilizing Kolbe A, B, and C assessments to create a harmonious accountability chart.The impact of perception versus innate abilities on team performance and individual stress levels.Strategies for minimizing strain and enhancing job satisfaction through better alignment.The role of the Kolbe system in advancing team members and improving hiring practices.It's time to take action: After listening, your most important step is to evaluate your team's current alignment. Consider how each member's natural strengths match their job responsibilities and where adjustments may be needed. If you're intrigued by the potential of the Kolbe system to transform your team, visit SpeaktoPete.com to book a consultation with Pete Mohr and explore how these insights can be applied within your organization.Are you looking to make some changes in your business and your life in 2024? Head over to speaktopete.com and book a chat with me to see if we're the right fit!Support the showTo Book a no charge Freedom Call with Pete, to see if you're a good fit for his business coaching head over to http://speaktopete.com to find a time that works for you! To connect with Pete: Website: https://simplifyingentrepreneurship.com/Instagram at https://www.instagram.com/petemohr_coach/LinkedIn at https://www.linkedin.com/in/petermohr/Email: pete@simplifingentrepreneurship.com
Feeling stuck running the daily operations of your business? This Play Big Faster Podcast episode can help you make a crucial shift: transitioning from operator to owner. Join business growth expert Pete Mohr as he dives deep into the signs that tell you it's time to step back from the daily grind and master the crucial skills every entrepreneur needs. Learn how to effectively communicate your company's value proposition to your audience and gain valuable insights into creating a self-managing business that thrives even when you're not actively involved in every detail. Pete also unveils the 4 A's of Accountability, a powerful framework for ensuring everyone on your team is aligned and responsible for their actions. Plus, he shares his secrets for successfully running multiple businesses simultaneously while maintaining momentum and avoiding burnout. Feeling frustrated by entrepreneurial challenges? This episode can help you turn those frustrations into freedoms and discover how to achieve the work-life balance you deserve. Pete also explores the concept of a turnkey business model, a potentially attractive option for some entrepreneurs seeking a more streamlined and efficient approach. Whether you're a small business owner, entrepreneur, or solopreneur, this episode is packed with actionable strategies and valuable insights that can help you take your business to the next level. Tune in and discover how to work on your business, not in it, and unlock the true freedom and fulfillment that comes with being a successful owner, not just an operator.
In this enlightening episode, Pete Mohr dives deep into the intricate world of team dynamics, revealing how understanding and optimizing these dynamics is crucial for business success. He sheds light on the ideal team distribution, emphasizing the balance between reacting, counteracting, and initiating actions. Pete illustrates this with a case study, highlighting common pitfalls like team cloning and the need for diverse skill sets. Additionally, he explores how transparent team reports can enhance communication and efficiency. Wrapping up, Pete touches on aligning team roles with natural tendencies, a key to achieving peak performance.Here are a few things Pete covers:Ideal team distribution for maximum efficiencyAvoiding the pitfalls of team cloningImportance of diverse team skill setsEnhancing team communication with transparent reportsAligning roles with natural tendencies for better performanceIt's time to take action:Now that you've gained these insights, it's crucial to assess your team's dynamics. Identify areas where your team is strong and areas needing improvement. Encourage open communication and use these insights to optimize team performance. Remember, a balanced and well-understood team is your stepping stone to greater success.Resources:Get your Kolbe test by reaching out to me at: pete@mohr.coachFor more on incorporating Kolbe into your business and leadership style, visit speaktopete.com and book an appointment with Pete Mohr.Are you looking to make some changes in your business and your life in 2024? Head over to speaktopete.com and book a chat with me to see if we're the right fit!Support the showTo Book a no charge Freedom Call with Pete, to see if you're a good fit for his business coaching head over to http://speaktopete.com to find a time that works for you! To connect with Pete: Website: https://simplifyingentrepreneurship.com/Instagram at https://www.instagram.com/petemohr_coach/LinkedIn at https://www.linkedin.com/in/petermohr/Email: pete@simplifingentrepreneurship.com
Welcome to another episode of the Business Owner Breakthrough Podcast with Pete Mohr. In this second part of our six-part series on the Kolbe system, Pete takes a deep dive into the 'Identify' aspect, focusing on the Kolbe A assessment. This assessment system is not just about self-awareness but also about understanding team dynamics and improving communication and decision-making. Whether you're a business leader or a team member, this episode is packed with insights to help you leverage your innate strengths and those of your team.Here are a few things Pete covers:The four components of the Kolbe system: Identify, Optimize, Align, and Expand.Detailed breakdown of the Kolbe A assessment and its significance for both individuals and teams.Insights into the four modes of action: Fact Finder, Follow Through, Quick Start, and Implementer.Strategies for leveraging individual strengths in a team setting.How to use Kolbe A for improved communication and project management.It's time to take action:If you found this episode enlightening and you're considering implementing the Kolbe system in your organization, Pete invites you to reach out for a personal consultation. Visit speaktoPete.com to book an appointment and explore how you can integrate the Kolbe A assessment into your team for better dynamics and productivity.Are you looking to make some changes in your business and your life in 2024? Head over to speaktopete.com and book a chat with me to see if we're the right fit!Support the showTo Book a no charge Freedom Call with Pete, to see if you're a good fit for his business coaching head over to http://speaktopete.com to find a time that works for you! To connect with Pete: Website: https://simplifyingentrepreneurship.com/Instagram at https://www.instagram.com/petemohr_coach/LinkedIn at https://www.linkedin.com/in/petermohr/Email: pete@simplifingentrepreneurship.com
In this enlightening episode of "Business Owner Breakthrough," Pete Mohr engages in a vibrant conversation with Josh Habre, a dynamic third-generation entrepreneur steering the family business, Shoe Mill, into new realms of success. They delve into the strategies that have led to a significant expansion of Shoe Mill, growing from 6 to 14 stores since 2019. A key focus is on Josh's leadership in nurturing a culture of innovation, embracing technology, and empowering team members to contribute effectively. They discuss the importance of communication strategies in a growing business, with a particular emphasis on digital and video communication. Josh shares insights into balancing the drive for business growth with personal well-being, highlighting the importance of granting oneself the freedom to enjoy life beyond work. The discussion also touches upon future planning, with Josh envisioning a gradual shift of day-to-day operations to a potential non-family member to bring fresh perspectives to the business.Are you looking to make some changes in your business and your life in 2024? Head over to speaktopete.com and book a chat with me to see if we're the right fit!Support the showTo Book a no charge Freedom Call with Pete, to see if you're a good fit for his business coaching head over to http://speaktopete.com to find a time that works for you! To connect with Pete: Website: https://simplifyingentrepreneurship.com/Instagram at https://www.instagram.com/petemohr_coach/LinkedIn at https://www.linkedin.com/in/petermohr/Email: pete@simplifingentrepreneurship.com
In this compelling episode, Pete Mohr addresses a critical yet often overlooked aspect of business growth: the challenging but necessary process of realigning your team. With his extensive experience and insightful perspective, Pete delves into the sensitive topic of parting ways with key team members who no longer fit the evolving needs of your business. This episode is not just about making tough decisions; it's a deep dive into understanding the importance of alignment in your team as your business grows and adapts.Here are a few things Pete covers:Recognizing Misalignment: Understanding when a key team member no longer aligns with the business's direction and the need for change.The Importance of Honest Communication: Emphasizing the use of respectful conversations and "I" statements to address diverging paths between the company and team members.Offering Support During Transition: Highlighting the significance of providing support, like references or networking opportunities, to the departing member.Smooth Transition Planning: The necessity of planning a transition period for both the individual and the team, ensuring minimal disruption.Team Realignment: Addressing the remaining team with honesty and positivity, focusing on the future and building trust.Emotional Complexity of Decision-Making: Acknowledging the mix of emotions involved in letting go of team members and the relief in restoring alignment.Leadership in Challenging Times: Emphasizing the role of a leader in navigating complex situations with grace and focusing on growth and maturity.Building a Legacy: Reinforcing the concept that every challenge faced with courage is an opportunity for growth and legacy building.It's time to take action:Embrace change and realign your teams for future success. Leadership is not just about running a business; it's about building a lasting legacy. Listeners are encouraged to download the Candidate Evaluation Form at https://simplifyingentrepreneurship.com/candidate/ for further insights into team alignment.Are you looking to make some changes in your business and your life in 2024? Head over to speaktopete.com and book a chat with me to see if we're the right fit!Support the showTo Book a no charge Freedom Call with Pete, to see if you're a good fit for his business coaching head over to http://speaktopete.com to find a time that works for you! To connect with Pete: Website: https://simplifyingentrepreneurship.com/Instagram at https://www.instagram.com/petemohr_coach/LinkedIn at https://www.linkedin.com/in/petermohr/Email: pete@simplifingentrepreneurship.com
In today's episode, we dance along the delicate line between safety and the unknown, navigating the business terrain where failing isn't a misstep but a strategic move. Pete Mohr delves into the concept of failing fast—not as a sign of defeat but as a catalyst for growth and innovation. It's a tactical embrace of risk, reshaping failure as a tool for learning and swift adaptation. Through real-world examples like Uber and Airbnb, we explore how rapid responses to failure forge paths to success.Here are a few things Pete covers:The strategic advantage of embracing failure in business.Calculated risks: balancing gut instincts with informed decisions.How failing fast serves as a learning tool and promotes agility.Case studies of Uber and Airbnb: learning from rapid pivots.Cultivating a company culture that values innovation and quick feedback.It's time to take actionAfter soaking in the insights from this episode, your next move is to assess where you could implement a fail-fast approach in your own ventures. Look at potential new initiatives and ask yourself: Are you prepared to test, learn, and adapt quickly? Remember, it's about making informed leaps, not reckless jumps.Are you looking to make some changes in your business and your life in 2024? Head over to speaktopete.com and book a chat with me to see if we're the right fit!Support the showTo Book a no charge Freedom Call with Pete, to see if you're a good fit for his business coaching head over to http://speaktopete.com to find a time that works for you! To connect with Pete: Website: https://simplifyingentrepreneurship.com/Instagram at https://www.instagram.com/petemohr_coach/LinkedIn at https://www.linkedin.com/in/petermohr/Email: pete@simplifingentrepreneurship.com
In this episode of the Business Owner Breakthrough Podcast, host Pete Mohr is joined by Laura Giacomelli, who shares her journey in the entrepreneurial world of dance studio management. They delve into the nuances of business process management, emphasizing the importance of evolving from hands-on tasks to a more strategic and overseeing role.Here are a few things Pete covers:The transformation from detailed involvement to a dashboard overview in business management.The significance of communication, process, and accountability in business success.Adapting business processes in response to changes, like the COVID-19 pandemic.The role of training and delegation in achieving business efficiency and personal freedom.Utilizing technological tools like Trello for effective project management.It's time to take action: Reflect on your own business processes. Are you too caught up in the details? Consider tools and strategies discussed in this episode to elevate your role from being an operator to a visionary. Empower your team, delegate effectively, and embrace the tools that can streamline your processes.Connect with Laura: Libra Dance Studio - Warminster, PAWebsite: www.libradancestudio.comEmail: laura@libradancestudio.comAre you looking to make some changes in your business and your life in 2024? Head over to speaktopete.com and book a chat with me to see if we're the right fit!Support the showTo Book a no charge Freedom Call with Pete, to see if you're a good fit for his business coaching head over to http://speaktopete.com to find a time that works for you! To connect with Pete: Website: https://simplifyingentrepreneurship.com/Instagram at https://www.instagram.com/petemohr_coach/LinkedIn at https://www.linkedin.com/in/petermohr/Email: pete@simplifingentrepreneurship.com
Episode Outline: Today, we're diving into the often-overlooked aspect of business leadership—your role in the community. But hey, it's not just about feel-good vibes; it's good for your bottom line, too. We'll get tactical, offering real-life examples and action steps to foster community involvement that pays off. So, don't just stand there on your business island. Swim out and engage with your community ecosystem.Here are a few things Pete covers:The mutual benefits of social responsibility for your business and the communityHow fostering teamwork through community involvement can boost employee moraleTactical action steps for community engagement that align with your business typeWhy community involvement isn't just a ‘nice-to-have,' but a need for business longevityExamples of how even small community efforts can make a significant impactIt's time to take action: Listen, you don't need to change the world overnight. Start small. Identify one community issue your business can address. Then, get your team involved. This is about moving from simply earning profits to purposeful leadership. Ready to make a change? Great. Let's go.Download the 10 Pillars of Purposeful Leadership eBook: https://simplifyingentrepreneurship.com/tenpillars/Join the 2024 Business Owner Breakthrough Mastermind Group with Pete Mohr! Transform your business and life with our unique mastermind - choose from in-person or virtual options. Designed for established business owners, this group promises to save you 500 hours a year, elevating you from operator to owner. Dive into the 5 P's: Promise, Product, Process, People, and Profit. Level up your business now! Interested? Go to PetesGroup.com for details.Support the showTo Book a no charge Freedom Call with Pete, to see if you're a good fit for his business coaching head over to http://speaktopete.com to find a time that works for you! To connect with Pete: Website: https://simplifyingentrepreneurship.com/Instagram at https://www.instagram.com/petemohr_coach/LinkedIn at https://www.linkedin.com/in/petermohr/Email: pete@simplifingentrepreneurship.com
Show Outline: Today, Pete Mohr delves into the concept of perspective and how it influences purposeful leadership. He likens running a business to being in an auditorium, where you have to oscillate between the dance floor and the balcony. Down on the dance floor, you're absorbed in the nitty-gritty. From the balcony, you get a broad view. Pete emphasizes the importance of mastering both views for successful leadership.Here are a few things Pete covers:The dance floor vs. the balcony analogy in leadership.The importance of perspective when pivoting, like during COVID-19.The need for understanding your team's perspective.Utilizing time blocking for strategic business reviews.How perspective allows adaptation to changing market trends.It's time to take action:Start time blocking in your calendar for "balcony time." This dedicated time helps you review and strategize from a broader viewpoint. If you find yourself stuck on the dance floor, reach out for help at speaktopete.com.Join the 2024 Business Owner Breakthrough Mastermind Group with Pete Mohr! Transform your business and life with our unique mastermind - choose from in-person or virtual options. Designed for established business owners, this group promises to save you 500 hours a year, elevating you from operator to owner. Dive into the 5 P's: Promise, Product, Process, People, and Profit. Level up your business now! Interested? Go to PetesGroup.com for details.Support the showTo Book a no charge Freedom Call with Pete, to see if you're a good fit for his business coaching head over to http://speaktopete.com to find a time that works for you! To connect with Pete: Website: https://simplifyingentrepreneurship.com/Instagram at https://www.instagram.com/petemohr_coach/LinkedIn at https://www.linkedin.com/in/petermohr/Email: pete@simplifingentrepreneurship.com
The Deep Wealth Podcast - Extracting Your Business And Personal Deep Wealth
“Are you honoring the important relationships in your life?” - Pete MohrTurning Entrepreneurial Frustrations Into Freedom: A Journey with Pete MohrJeffrey Feldberg interviews Pete Mohr who is an entrepreneur with 30 years of business ownership experience, discusses how he helps other entrepreneurs transform their frustrations into freedom using a variety of frameworks. He emphasizes the importance of a turnkey business that can function without the constant presence of the owner. Using the acronym CPA (Communication, Process, Accountability), Pete delves into the significance of simple, efficient, and understandable communication procedures within and outside your business. Moreover, he underscores the value of clear accountability structures and highlights how decision-making should be at the lowest level of the organization. Furthermore, Pete shares his personal experiences of running his business during difficult family circumstances, reinforcing the significance of having business structures that support personal priorities.03:40 Introducing the CPA Strategy for Business Success04:00 Understanding the 'C' in CPA: Communication22:06 The Philosophy Behind Simplified Communication27:43 The Impact of Accountability on Business Efficiency28:58 The Role of Accountability in Decision Making33:46 The Importance of Balancing Business and Personal Life39:50 The Impact of Business Resilience on Company Culture40:41 The Importance of Time Management in Business41:52 The Importance of Relationships in Business42:16 The Role of Business in Fostering Relationships44:13 The Role of Business Planning in EntrepreneurshipClick here to subscribe to The Deep Wealth Podcast to save time and effort.SELECTED LINKS FOR THIS EPISODESimplifying EntrepreneurshipSimplifying Entrepreneurship (@SimplifyingE) / XPeter Mohr | Business Coach (@petemohr_coach) • Instagram photos and videosSimplifying Entrepreneurship / FacebookSimplifying Entrepreneurship - YouTubeResources To Have You Thrive And ProsperThe Deep Wealth Podcast helps you extract your business and personal deep wealth. You'll learn and master the foundational strategies in the Deep Wealth 9-step Roadmap. These are the same strategies that our co-founder, Jeffrey Feldberg, leveraged for his 9-figure exit.Enroll in the 90-day Deep Wealth Mastery program to grow profits, increase the value of your business, and optimize your post-exit life. Send an e-mail to insights{at}deepwealth.com with the words "Deep Wealth" in the subject line for more information. Click the link below to access the resources, gear, and books that either our guests or the Deep Wealth team leverage to increase success:https://www.deepwealth.com/thriveContact Deep Wealth: The Deep Wealth Strategy Map Tweet @JeffreyFeldberg LinkedIn Instagram Subscribe to The Deep Wealth Podcast Email podcast[at]deepwealth[dot]com Help us pay it forward by leaving a review.May you continue to thrive and prosper while remaining healthy ...
Professionalism: you might think it's all about suits and ties, but it's actually the fabric that binds a business together. It's a cornerstone of how you interact with your team, serve your customers, and even look after yourself. In this episode, host Pete Mohr digs into why professionalism is non-negotiable for business success.Here are a few things Pete covers:The role of accountability in establishing a professional culture.How effective communication goes beyond just words.Why integrity is the silent engine of your business.How to maintain professionalism even under stress or pressure.It's time to take action:If you're finding a gap in your business's professionalism, don't just sit there. Take a moment to jot down three immediate steps to enhance this aspect of your leadership and culture.Download Link: Book an appointment with PeteJoin the 2024 Business Owner Breakthrough Mastermind Group with Pete Mohr! Transform your business and life with our unique mastermind - choose from in-person or virtual options. Designed for established business owners, this group promises to save you 500 hours a year, elevating you from operator to owner. Dive into the 5 P's: Promise, Product, Process, People, and Profit. Level up your business now! Interested? Go to PetesGroup.com for details.Support the showTo Book a no charge Freedom Call with Pete, to see if you're a good fit for his business coaching head over to http://speaktopete.com to find a time that works for you! To connect with Pete: Website: https://simplifyingentrepreneurship.com/Instagram at https://www.instagram.com/petemohr_coach/LinkedIn at https://www.linkedin.com/in/petermohr/Email: pete@simplifingentrepreneurship.com
You don't need to wear all the hats in your business or podcast, so Pete Mohr is back on the show to break down the 4 A's of accountability and why you need this framework more than ever. Apply it as a podcaster and entrepreneur to reduce your workload, make the most of your time, and generate bigger revenues! WHAT TO LISTEN FOR What are the 4 A's of accountability? Why do you need to assign accountability in your business A walk-through of applying the 4 A's in your marketing How to entice potential clients to avail your services 2 things you should recognize before you offload work RESOURCES/LINKS MENTIONED Ep223: Turning Business Worries Into WINS Through Podcasting – Pete Mohr Otter.ai ChatGPT Facebook ABOUT PETE MOHR Pete is the president of Shoetopia. He is also a business coach, retailer, and speaker. He helps business owners create turnkey businesses that give them more freedom. Pete has coaching frameworks that clarify the entrepreneurial decision-making process. He also hosts a podcast aptly called “Business Owner Breakthrough Podcast.” CONNECT WITH PETE Website: Simplifying Entrepreneurship | Shoetopia Footwear Podcast: Business Owner Breakthrough Podcast LinkedIn: Pete Mohr CONNECT WITH US If you are interested in getting on our show, email us at team@growyourshow.com. Thinking about creating and growing your own podcast but not sure where to start? Click here and Schedule a call with Adam A. Adams! Upgrading your podcast equipment or maybe getting your first microphone? Get Your Free Equipment Guide! We also have free courses for you on everything you need to know about starting a great podcast! Check out our first six episodes through the links below! Identify Your Avatar - Free Course 1/6 What To Do BEFORE You Launch Your Podcast - Free Course 2/6 How To Launch A TOP Show - Free Course 3/6 Best Marketing And Growth Strategies - Free Course 4/6 How To Monetize Your Podcast - Free Course 5/6 Top 22 Pitfalls On Starting Your Own Podcast - Free Course 6/6 If you want to make money from your podcasts, check out this FREE resource we made. Our clients use a sponsor sheet, and now they are making between $2,000 to $5,000 from sponsorship! Subscribe so you don't miss out on great content and if you love the show, leave an honest rating and review here!
Show Outline: In this value-packed episode, Pete Mohr tackles the seventh pillar of purposeful leadership: Persistence. Every entrepreneur faces obstacles. Some mountains, some molehills. But what sets you apart is your ability to stick it out. Don't just endure hardship; navigate it smartly. Pete breaks down this business essential, urging you to move from operator to owner.Here are a few things Pete covers:The difference between persistence and stubbornness in businessA hands-on exercise for identifying and solving your current challengesThe role of a support network in maintaining persistenceAdapting your approach and learning from mistakesWhy sometimes persistence means spending money or developing new skillsIt's time to take action: Stop and jot down your current challenges and potential solutions beside them. Then, tackle the easiest one first. That win will give you the momentum to take on the bigger issues. If you want to discuss your path to ownership, book a chat with Pete.Join the 2024 Business Owner Breakthrough Mastermind Group with Pete Mohr! Transform your business and life with our unique mastermind - choose from in-person or virtual options. Designed for established business owners, this group promises to save you 500 hours a year, elevating you from operator to owner. Dive into the 5 P's: Promise, Product, Process, People, and Profit. Level up your business now! Interested? Go to PetesGroup.com for details.Support the showTo Book a no charge Freedom Call with Pete, to see if you're a good fit for his business coaching head over to http://speaktopete.com to find a time that works for you! To connect with Pete: Website: https://simplifyingentrepreneurship.com/Instagram at https://www.instagram.com/petemohr_coach/LinkedIn at https://www.linkedin.com/in/petermohr/Email: pete@simplifingentrepreneurship.com
In this episode, Pete Mohr digs into the sixth pillar of purposeful leadership: Performance. But it's not just about KPIs. Pete unpacks a holistic approach to performance that stretches beyond mere metrics. Learn how to identify and fill the gaps in your business to not just survive, but thrive. It's not about numbers; it's about meaningful actions.Here are a few things Pete covers:The real purpose of Key Performance Indicators (KPIs)The vital role of metrics in decision-makingHow to identify and address gaps in your businessAvoiding "vanity metrics" that don't serve your goalsBuilding a KPI dashboard that actually mattersIt's time to take action:After listening, your next move is to build your own KPI dashboard. Focus on metrics that genuinely reflect your business goals and values. Don't let those numbers just sit; use them to identify gaps and make informed decisions.Join the 2024 Business Owner Breakthrough Mastermind Group with Pete Mohr! Transform your business and life with our unique mastermind - choose from in-person or virtual options. Designed for established business owners, this group promises to save you 500 hours a year, elevating you from operator to owner. Dive into the 5 P's: Promise, Product, Process, People, and Profit. Level up your business now! Interested? Go to PetesGroup.com for details.Support the showTo Book a no charge Freedom Call with Pete, to see if you're a good fit for his business coaching head over to http://speaktopete.com to find a time that works for you! To connect with Pete: Website: https://simplifyingentrepreneurship.com/Instagram at https://www.instagram.com/petemohr_coach/LinkedIn at https://www.linkedin.com/in/petermohr/Email: pete@simplifingentrepreneurship.com
In this episode, Pete Mohr delves into the ever-elusive topic of productivity. It's not about cramming more hours into your day; it's about making those hours count. Discover why the solution to your constant busyness isn't more time—it's more strategy. You're about to find out how you can work smarter, not just harder.Here are a few things Pete covers:What productivity truly means for business leadersThe three-step "O.A.O" formula for streamlining operationsThe concept of "Who, Not How" in productivityThe importance of focus time and how to achieve itTools that can automate your tasks and save hoursIt's time to take action:Stop multitasking and start time-blocking. Identify your peak productivity hours using Ari's "Peak Time" app, and schedule your most important tasks during those periods. Your next move? Delegate tasks that don't require your specific expertise. Let go to grow.Download Link: If you found this episode useful, don't forget to download Ari's "Peak Time" app available on Apple and Google Play.Join the 2024 Business Owner Breakthrough Mastermind Group with Pete Mohr! Transform your business and life with our unique mastermind - choose from in-person or virtual options. Designed for established business owners, this group promises to save you 500 hours a year, elevating you from operator to owner. Dive into the 5 P's: Promise, Product, Process, People, and Profit. Level up your business now! Interested? Go to PetesGroup.com for details.Support the showTo Book a no charge Freedom Call with Pete, to see if you're a good fit for his business coaching head over to http://speaktopete.com to find a time that works for you! To connect with Pete: Website: https://simplifyingentrepreneurship.com/Instagram at https://www.instagram.com/petemohr_coach/LinkedIn at https://www.linkedin.com/in/petermohr/Email: pete@simplifingentrepreneurship.com
Today, Pete Mohr dives into why being proactive isn't just a buzzword—it's a lifeline for your business. Why sit idle and wait for a storm to ruin your business when you can plan and adapt? Using the ship analogy, Pete underlines the essence of preparing for the rough seas in business. More importantly, Pete explores how your SWOT analysis integrates seamlessly with the 5P's model. The idea? Be ready, be adaptive, but don't be hasty.Here are a few things Pete covers:The importance of being proactive in businessBalancing the act of foreseeing opportunities and avoiding impulsivenessHow to overlay your SWOT analysis onto the 5P's model (Promise, Product, Process, People, Profit)The significance of trend analysis and employee feedback loopsThe critical need for technology in proactive planningIt's Time to Take Action:To elevate your business, your first step is to go back and examine your SWOT analysis. Align it with your 5P's, identify any gaps and opportunities, and start planning your course. If you skipped the SWOT analysis, make sure to go back to the last episode and get it done.Join the 2024 Business Owner Breakthrough Mastermind Group with Pete Mohr! Transform your business and life with our unique mastermind - choose from in-person or virtual options. Designed for established business owners, this group promises to save you 500 hours a year, elevating you from operator to owner. Dive into the 5 P's: Promise, Product, Process, People, and Profit. Level up your business now! Interested? Contact Pete@mohr.coach for details.Support the showTo Book a no charge Freedom Call with Pete, to see if you're a good fit for his business coaching head over to http://speaktopete.com to find a time that works for you! To connect with Pete: Website: https://simplifyingentrepreneurship.com/Instagram at https://www.instagram.com/petemohr_coach/LinkedIn at https://www.linkedin.com/in/petermohr/Email: pete@simplifingentrepreneurship.com
In today's episode, Pete Mohr, dives deep into the importance of planning and projections. Think of it as setting your business GPS. Too often, entrepreneurs dismiss planning as a corporate luxury. But here's the thing: without it, you're a ship without navigation—bound for disaster. Planning doesn't just set your course; it adds flexibility, allowing you to adjust your sails when the wind changes.Here are a few things Pete covers:Why planning is essential for all businesses, big or smallThe concept of a "clothesline" plan: a definitive start and endGuiding principles your plan must includeHow to adapt your plans to a changing marketWhy you need both plans and projectionsIt's time to take action:After listening, your first move is to sit down and evaluate your current business plan. Is it a static document or a dynamic tool? If you've been sidelining planning, now is the time to course-correct. Take the first step and schedule a planning session with your team this week.Support the showTo Book a no charge Freedom Call with Pete, to see if you're a good fit for his business coaching head over to http://speaktopete.com to find a time that works for you! To connect with Pete: Website: https://simplifyingentrepreneurship.com/Instagram at https://www.instagram.com/petemohr_coach/LinkedIn at https://www.linkedin.com/in/petermohr/Email: pete@simplifingentrepreneurship.com
In this episode of Business Owner Breakthrough with Pete Mohr, we delve deep into the art of balancing priority and patience in your business. Most business owners are caught in the tension of being both urgent and patient. The show reveals how you can effectively set your priorities without losing sight of long-term goals. Grab your notepad; it's time to elevate from being an operator to an owner.Here are a few things Pete covers:The Eisenhower Urgent-Important Matrix: A tool for prioritizing your day-to-day tasks.The Pareto Principle (80/20 Rule): Identify what really moves the needle in your business.The importance of avoiding burnout by balancing urgency and patience.The role of patience in achieving long-term business growth.Practical steps to align and assign accountability within your team.It's time to take actionYour action step after listening is to create your own Eisenhower Matrix. Prioritize your tasks and responsibilities, find out what's urgent and important, and then take action. It's time to align and assign accountability in your business.Support the showTo Book a no charge Freedom Call with Pete, to see if you're a good fit for his business coaching head over to http://speaktopete.com to find a time that works for you! To connect with Pete: Website: https://simplifyingentrepreneurship.com/Instagram at https://www.instagram.com/petemohr_coach/LinkedIn at https://www.linkedin.com/in/petermohr/Email: pete@simplifingentrepreneurship.com
Simplifying Entrepreneurship is the objective of this episode. In fact, my guest Pete Mohr's company is called Simplifying Entrepreneurship. Pete and I discuss his 10 laws for moving from an operator to an owner. His framework helps you deal with your unique issues, and gain momentum! Go grab a cocktail, a cigar and strap in for another insightful episode of Sales and Cigars. Get your free copy of Walter Crosby's new book: https://www.the7criticalmistakes.com/the-7-critical-mistakes-optin Connect with Walter Crosby: E-mail: walter@helixsalesdevelopment.com LinkedIn: https://www.linkedin.com/in/walterlcrosby/ Website: https://helixsalesdevelopment.com/ Calendly: https://calendly.com/walter-helix/15-minute-virtual-cup-of-coffee Connect with Pete Mohr: Facebook:https://www.facebook.com/SimplifyingEntrepreneurship LinkedIn: https://www.linkedin.com/in/petermohr/ Website: https://simplifyingentrepreneurship.com/laws YouTube: https://www.youtube.com/channel/UC8yFcIF-Y556TazJSQMNWow/videos Instagram: https://www.instagram.com/petemohr_coach/
The Deep Wealth Podcast - Extracting Your Business And Personal Deep Wealth
“Get a mentor as fast as you can.” -Pete MohrPete Mohr and Jeffrey Feldberg discussed the importance of allowing decisions to be made at the lowest possible level of the organization and Pete shared his experience of owning businesses for over 30 years. He has created systems and frameworks to help business owners move from operator to owner and allow decisions to be made at the lowest possible level. They also discussed the psychology behind why business owners may struggle to let go of decision making.Jeffrey and Pete discusse the importance of defining guiding principles, critical actions, and key characteristics for businesss owners to move from operator to owner. He also discussed his "Love it or Leave it" framework, which involves mapping out everything a business owner is accountable for and categorizing it into four quadrants. This helps businesss owners understand how much time they are spending in each quadrant and how to adjust their activities to focus on what they love and are good at.Click here to subscribe to The Deep Wealth Podcast to save time and effort.SELECTED LINKS FOR THIS EPISODESimplifying EntrepreneurshipSimplifying Entrepreneurship (@SimplifyingE) / XPeter Mohr | Business Coach (@petemohr_coach) • Instagram photos and videosSimplifying Entrepreneurship | FacebookSimplifying Entrepreneurship - YouTubePete Mohr - Entrepreneurial Coach | Speaker | Mastermind Facilitator - Simplifying Entrepreneurship | LinkedInCockroach Startups: What You Need To Know To Succeed And ProsperFREE Deep Wealth eBook on Why You Suck At Selling Your Business And What You Can Do About It (Today)Book Your FREE Deep Wealth Strategy CallResources To Have You Thrive And ProsperThe Deep Wealth Podcast helps you extract your business and personal deep wealth. You'll learn and master the foundational strategies in the Deep Wealth 9-step Roadmap. These are the same strategies that our co-founder, Jeffrey Feldberg, leveraged for his 9-figure exit.Enroll in the 90-day Deep Wealth Mastery program to grow profits, increase the value of your business, and optimize your post-exit life. Send an e-mail to insights{at}deepwealth.com with the words "Deep Wealth" in the subject line for more information. Click the link below to access the resources, gear, and books that either our guests or the Deep Wealth team leverage to increase success:https://www.deepwealth.com/thriveContact Deep Wealth: The Deep Wealth Strategy Map Tweet @JeffreyFeldberg LinkedIn Instagram Subscribe to The Deep Wealth Podcast Email podcast[at]deepwealth[dot]com Help us pay it forward by leaving a review.May you continue to thrive and prosper while remaining healthy ...
In this episode of the Business Owner Breakthrough Podcast, hosted by Pete Mohr, we kick off a 10-part series called the "10 Pillars of Purposeful Leadership." Today, we delve into the first pillar: "Purpose and Passion."Here are a few things Pete covers:Purpose, often referred to as your "why," is the driving force behind your business. It's more than just making money; it's about the impact and transformation you aim to achieve.Passion, the emotional drive that gets you out of bed, fuels your excitement for your projects, and keeps you going. It's essential to keep it aligned with your purpose.Purpose and passion are like a compass and speed, working together to lead you where you want to go. Losing sight of one can lead to burnout and setbacks.Successful businesses, like Tesla and TOMS Shoes, are built on a strong foundation of purpose and passion, making a meaningful impact.To find your "why," ask simple questions: Why did you start your business? What impact do you want to make? Who do you want to serve? Keep your purpose aligned with your evolving business.It's time to take action: After listening to this episode, take a moment to reflect on your business's purpose. Ask yourself these questions and refine your purpose if needed. Create a visual representation, such as a vision board or three-word description, to keep your purpose clear and aligned with your passion. Share it with your team, suppliers, and clients to ensure everyone understands your vision.Remember, clarity of purpose and passion can be the catalyst for your business's success and fulfillment. Keep aligning them, and watch your business thrive.Support the showTo Book a no charge Freedom Call with Pete, to see if you're a good fit for his business coaching head over to http://speaktopete.com to find a time that works for you! To connect with Pete: Website: https://simplifyingentrepreneurship.com/Instagram at https://www.instagram.com/petemohr_coach/LinkedIn at https://www.linkedin.com/in/petermohr/Email: pete@simplifingentrepreneurship.com
Today, Pete Mohr dives deep into a concept that could revolutionize how you think about your business: the GFI or Greatest Future Impact. Forget about just solving immediate problems; it's time to think long-term. How can your business not only solve your customer's current issues but set them up for a lifetime of success?Here are a few things Pete covers:The concept of GFI (Greatest Future Impact) and why it mattersHow GFI aligns with your business promiseSteps to identify and implement your GFIThe importance of setting measurable objectivesWhy customer feedback and celebrating wins are crucialIt's time to take actionDon't just listen; implement. Start by downloading Pete's easy-to-follow GFI worksheet. It's the tool you didn't know you needed but will be glad you have. Get it now at simplifying entrepreneurship.com/GFI.Support the showTo Book a no charge Freedom Call with Pete, to see if you're a good fit for his business coaching head over to http://speaktopete.com to find a time that works for you! To connect with Pete: Website: https://simplifyingentrepreneurship.com/Instagram at https://www.instagram.com/petemohr_coach/LinkedIn at https://www.linkedin.com/in/petermohr/Email: pete@simplifingentrepreneurship.com
In today's episode, Pete Mohr dives deep into the art of critical thinking for business owners. If you've ever felt paralyzed by unexpected challenges, Pete offers a simple framework to help you navigate through the storm. It's not just about identifying the problem; it's about understanding its impact and taking actionable steps.Here are a few things Pete covers:The roots of critical thinking in healthcare and its application in business.The "What, So What, Then What" framework for tackling unexpected challenges.How to assess the impact of a situation on your business using the 5P framework.The importance of CPA (Communication, Process, Accountability) in crisis management.Real-life examples, including how to handle key personnel leaving your organization.It's time to take action:After listening to this episode, your first step is to identify a recent challenge in your business. Apply the "What, So What, Then What" framework to it. Evaluate its impact on your 5Ps and set up a CPA plan to tackle it.Download Link: For more insights and actionable steps, visit speaktopete.com.Support the showTo Book a no charge Freedom Call with Pete, to see if you're a good fit for his business coaching head over to http://speaktopete.com to find a time that works for you! To connect with Pete: Website: https://simplifyingentrepreneurship.com/Instagram at https://www.instagram.com/petemohr_coach/LinkedIn at https://www.linkedin.com/in/petermohr/Email: pete@simplifingentrepreneurship.com
In this episode, Pete Mohr dives deep into the art of delegation, a skill that can make or break your business. Think of your business like an airplane. You can be the pilot, co-pilot, or even put it on autopilot. The key is knowing when to switch roles. Pete shares his own experiences as a shoe store owner to illustrate how delegation evolves as your business grows. If you're stuck doing everything and want to move from detail to dashboard, this episode is your roadmap.Here are a few things Pete covers:The Four Levels of Delegation: Pilot, Co-Pilot, Auto-Pilot, and HandoffThe importance of clear processes and communicationThe 80/20 rule in delegationHow to instill confidence and accountability in your teamThe ultimate goal: Handing over the controlsIt's time to take action:Stop micromanaging and start empowering your team. Your first step towards freedom is to evaluate where you are on the delegation journey. Are you the pilot, co-pilot, or are you ready for autopilot? Once you know, you can start to make the shift. Book a free appointment with Pete at speaktopete.com to get personalized guidance.Support the showTo Book a no charge Freedom Call with Pete, to see if you're a good fit for his business coaching head over to http://speaktopete.com to find a time that works for you! To connect with Pete: Website: https://simplifyingentrepreneurship.com/Instagram at https://www.instagram.com/petemohr_coach/LinkedIn at https://www.linkedin.com/in/petermohr/Email: pete@simplifingentrepreneurship.com
In this episode, Pete Mohr dives into a topic that's often pushed aside but is crucial for every business owner: the inevitable exit from your business. Whether it's selling, passing it down, or closing shop, Pete discusses why planning your exit now can save you headaches later and add value to your business today. He also shares insights from his experience as a business broker and coach, emphasizing the importance of being prepared for life's curveballs.Here are a few things Pete covers:The reality that no one runs a business forever and why you need to prepare for your exit.How planning your exit can actually make your current business more valuable.The time it usually takes to prepare and sell a business.The importance of having systems and people in place for a smooth transition.How your end goal shapes your current business decisions.It's time to take action:Start thinking about your exit strategy today. Whether you plan to sell, pass it on, or close shop, having a plan will give you peace of mind and make the transition smoother when the time comes. If you need help, book a free appointment with Pete at speaktopete.com.Support the showTo Book a no charge Freedom Call with Pete, to see if you're a good fit for his business coaching head over to http://speaktopete.com to find a time that works for you! To connect with Pete: Website: https://simplifyingentrepreneurship.com/Instagram at https://www.instagram.com/petemohr_coach/LinkedIn at https://www.linkedin.com/in/petermohr/Email: pete@simplifingentrepreneurship.com
In this episode of the Business Owner Breakthrough Podcast, host Pete Mohr talks about the fourth P of the five P framework - people. One of the biggest frustrations of business owners is their people, but Pete emphasizes that having a great team is the best way to create freedom in your business. Pete introduces the "Love it or Leave it" framework and explains the importance of teamwork in a business.Here are a few things Pete covers:Understanding the importance of the "Love it or Leave it" frameworkBreaking down the people in your sphere of influence into three categories: ideal customer, ideal teammate, and ideal outsource supplierAligning your marketing, business, promise, and product to attract more of your best clients and less of your worst clientsMaximizing your team by pairing different qualities in each person to create the best experience for your clientsMaking sure your outsource suppliers are in alignment with your promise and help deliver it effectively.It's time to take action:The most important thing for listeners to do after listening to the podcast is to evaluate their own people - their ideal customer, ideal teammate, and ideal outsource supplier. Make sure they are aligned with the promise, product, and process of the business and that the team is working together cohesively to deliver the best possible experience for clients.Support the showSupport the showTo Book a no charge Freedom Call with Pete, to see if you're a good fit for his business coaching head over to http://speaktopete.com to find a time that works for you! To connect with Pete: Website: https://simplifyingentrepreneurship.com/Instagram at https://www.instagram.com/petemohr_coach/LinkedIn at https://www.linkedin.com/in/petermohr/Email: pete@simplifingentrepreneurship.com
In this episode, Pete Mohr sits down with Krista Fairchild, a second-generation dance studio owner, to discuss the challenges and opportunities of transitioning from decision-making to delegation. They dive into the importance of process, communication, and accountability, offering actionable advice for business owners looking to elevate their operations. If you're stuck in the day-to-day and want to move from detail to dashboard, this episode is for you.Here are a few things Pete covers:The journey of Krista Fairchild, a second-generation dance studio owner.The importance of process and communication in business.How to transition from being a decision-maker to a delegator.The concept of accountability and how it can transform your business.Real-world advice on how to start delegating tasks effectively.It's Time to Take Action:After listening, your next step is to identify one or two small accountabilities that you can delegate right now. Don't wait for the perfect time; make the time. If you've been holding back, this is your sign to take action and empower your team. If you'd like to find out more how Pete can help your business book a chat at www.speaktopete.comSupport the showTo Book a no charge Freedom Call with Pete, to see if you're a good fit for his business coaching head over to http://speaktopete.com to find a time that works for you! To connect with Pete: Website: https://simplifyingentrepreneurship.com/Instagram at https://www.instagram.com/petemohr_coach/LinkedIn at https://www.linkedin.com/in/petermohr/Email: pete@simplifingentrepreneurship.com