On episode 18, this is an intervention: the positive psychology of hard conversations, you’ll learn how to be one part friend, one part accountant and 100 percent business psychologist. Mike Taylor, CPA, an executive principal at Rea & Associates, joins Mark to talk about the benefits of having the hard conversations with business owners. For more than 45 years, Mike has helped clients overcome their challenges and achieve sustainable growth by serving as a trusted advisor who’s not afraid to say what needs to be said. On this episode, Mike shares what he has come to identify as the key attributes of becoming a true trusted advisor and touches on the importance of learning and gaining confidence in the art of speaking honestly – even when it’s hard to do. Start listening now to learn more about why it’s important to form strong relationships with the men and women you trust to advise you throughout your journey as a business owner.
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articles & insight
This Is An Intervention – Step Away From Your Business – if you want to continue to grow a successful company, you can’t do it alone. While this advice may sound cliché, your ability to develop a strong organizational structure is directly responsible for your company’s long-term success. But it’s not easy and getting “the right people on the bus (and the wrong people off)” has been the single hardest objective for some of the most talented business owners. But once you are able to achieve this step, you will finally be able to maximize your time and talent by working on your business, instead of in your business. | Read more
Getting By With A Little Help From Your Friends – It’s lonely at the top. And in the middle. And at the bottom … When you own a small business, it’s easy to feel like you’re on an island. Read on and find out why you should start populating that island with top-notch advisors. | Read more
How Can You Build And Develop Your Organization? – Maximize your time and talents – and the time and talents of your employees. But know that it can’t be done without the right people around you. Make sure you have a solid management team surrounding you that can help you move your business in the direction you want it to go. | Read more
If It’s Going To Be, Then It’s Up To Me – The goal-setting process can be hard, but if you are determined to see change in some aspect of your personal or professional life, it’s essential that you take ownership of that change. Read on to learn how you can take control of your success in the year ahead. | Read more
5 Financial Secrets of Successful Business Owners – A 13-week rolling cash flow helps take the stress off business owners when it comes time to make important strategic decisions throughout the year. But in order to get your company back on the right track, you must be ready to change the way you look at your company’s finances. These five financial secrets of successful business owners will get you on the right track. | Read more
5 Best Practices For Taking Your Business To The Next Level – Have your sales and profits remained relatively flat for years? Do you see potential but don’t know how to tap into it? Following these guidelines will help add the structure and forward thinking required to take your business to the next level. | Read more
There’s No ‘I’ In Team – Any business will benefit when their employees work together to achieve a common goal. A cooperative, functioning team leads to increased productivity, increased efficiencies and a host of other benefits to the organization. | Read more
What Are The Top 5 Challenges Business Owners Face In Today’s Economy? – You may find that being your own boss is extremely rewarding. Starting a business from the ground up takes a lot of hard work, and you’ve been seeing the fruits of your labor. But your success doesn’t come without challenges. Business owners are facing some tough challenges these days, and you yourself may be experiencing some of these growing pains. Here’s a list of the top 5 challenges I’m seeing business owners like yourself facing in today’s economy. Do any of these resonate with you? | Read more
From Good To Great: 5 Ways You Can Improve Your Manufacturing Business – As a seasoned manufacturer, you know your business inside and out – when there is a problem, you provide a solution; when a ball drops, you pick it up. If this sounds like you, then it’s time to get out of your comfort zone. If you always find yourself in the middle of daily business operations, you’re unlikely to get out in front of opportunities that could maximize your company’s long-term value. Be the leader your company needs. Stop putting out fires. Instead, make waves. | Read more
What Are The Ingredients For Business Success? – Have you ever wondered why some business people are more successful than others? It doesn’t seem to make a difference what product or service they are selling either – certain individuals just have a natural ability to make a business progresses. Our founder, Richard Rea, identified 11 common ingredients found in all successful business people. If these ingredients are included in a business, it’s hard to see how it could fail. | Read more
The Billy Beane Approach To Business Success – Billy’s strategy can apply to your business success as well. For example, if you are able to focus on your business’s key driver while cutting out the aspects of your business that are holding you back (such as a poorly selling product, costly production or a minimal return on a particular investment) you can take the steps to increase your efficiency, company-wide value and ability to meet a growing demand. | Read more
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Read the full transcript of episode 18: this is an intervention: the positive psychology of hard conversations.