The Leaky Bucket
Most service businesses are leaking profit — through costs they've stopped questioning, margins they've never properly tested, clients they've quietly lost, and revenue they've never asked for.
The Leaky Bucket is the show where we open a real business file and find out exactly where the money is going.
Each episode, Ian Morgan — Group CEO of MBS Accountants — works live through the finances of a real service business scenario. One company. Four sessions.
Costs, margins, churn, average order value. Every leak identified. Running total revealed.
No theory. No frameworks. Just numbers — and what they tell you when someone actually looks.
If you're running a service business turning over £500k to £10m and your accountant has never shown you this, this show is for you.
The numbers always reveal the leak.
The Leaky Bucket
RANK 63: Signs You're on the Growth Path: Are You Experiencing This?
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Podcast Description:
In this episode of The Leaky Bucket Podcast, we dive deep into the signs that indicate your business is on the path to significant growth.
Episode Breakdown:
- Introduction (0:00 - 3:30)
- Welcome and brief overview of the episode.
- Importance of recognising signs of growth in your business.
- The Leak of the Week: Transitioning from 'Me' to 'We' (3:30 - 13:15)
- Discussing the transition from being the face of the company to promoting the brand.
- The challenge of letting go of client interactions.
- Unexpected client departures and their impact.
- Exploring the acceptable consequences of extracting the owner from the business.
- The Epic Win of the Week: Thrive Financial Coaching Launch (13:15 - 23:45)
- Introduction to the launch of Thrive Financial Coaching.
- How coaching can provide remarkable results.
- The motivations and reasons behind launching this initiative.
- Initial successes and plans for the future.
- A Peek Behind the Curtains: Personality Profiling (23:45 - 30:10)
- Introduction to the Colby index and its implications.
- Sharing insights about the host's unique personality profile.
- A humorous family perspective on the term 'unicorn.'
- The Power Move of the Week: Thrive Financial Coaching Launch (30:10 - 37:45)
- Reflecting on the significance of launching Thrive Financial Coaching.
- The impact it can have on business owners' lives and financial success.
- The dedication and preparation involved in making this initiative successful.
- Business growth Signs of growth Thriving in business Service-based businesses UK business Financial coaching Personal growth Personality profiling Business coaching Financial success
We hope you enjoyed this episode
You can find out more about us using the links below
Know your Business Financial Health? Check this Score Card
Ian's LinkedIn Account
The Leaky Bucket Youtube Channel
MBS Accountants Website