Business Growth Talks

John Briggs discusses the importance of balance in business growth

November 06, 2023 Mark Hayward Season 6 Episode 442
Business Growth Talks
John Briggs discusses the importance of balance in business growth
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John Briggs is the founder of Insight Tax, an accounting firm that challenges the traditional practices of the industry. He is also the author of the book "3.3 Rulebook," which focuses on creating more by working less and preventing overwhelm and burnout for entrepreneurs. With over 14 years of experience in running his own business, John is passionate about helping his clients save tax, manage cash flow, and improve their bookkeeping.

Summary:

John Briggs, founder of Insight Tax, joins host Mark Haywood to discuss his new book "3.3 Rulebook" and his unique approach to running a successful accounting firm. John emphasizes the importance of finding a balance between taking care of your team and making a profit. He shares insights from his research on attention span and focus, and how implementing the 3.3 Rule can improve productivity and prevent burnout. John also discusses the challenges of hiring and retaining talent, and the importance of having systems and processes in place for business growth.

Key Takeaways:

  • The business mindset is about balancing taking care of your team and making a profit.
  • The 3.3 Rule suggests working up to 3 hours at a time, followed by a 30% recovery period, to optimize focus and productivity.
  • Trusting your team and delegating responsibilities is crucial for business growth and preventing burnout.
  • Revenue growth alone does not determine the health of a business; profitability and managing expenses are equally important.
  • Legacy is about the impact your business has even after you are no longer involved.
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