Your Path to Freedom

The Site Shed

The Site Shed
Your Path to Freedom
Jul 07, 2021 Episode 304
Matt Jones - Trade based business enthusiast

Running a business without being involved in the daily operations sounds like a dream to most business owners, tradies, in particular.  But, a business owner who lacks this desire or vision is bound to endanger himself, his business, and the people who work for him. If your business is so dependent on you, there is little to zero chance of scaling it and making it more profitable, which will result in frustration and disappointment over time. 

In today’s podcast episode, we have a lengthy but meaningful conversation around this topic with my guest Barry Magliarditi. Barry openly shares about the challenges he encountered in his business and how he’s overcome it. He talks about the importance of upgrading your mindset first before anything else. He also discusses the process he uses to increase productivity in his personal life and business. We also touch on the different chapters in his book, The Path to Freedom. 

Any tradie business owner seeking to free themselves from the daily grind so they can scale and make their businesses profitable will learn a lot from this episode. Tune into this today! 

Discussion Points: 

0:00 The Elevation Program  
6:01 Barry shares how his personal story of the challenges of running his business 
9:40 We never have business problems, just personal problems 
10:55 Upgrade your mindset 
12:55 Be determined and never give up
14:40 Task audit  
18:37 You don’t need to complicate things too much 
18:53 Discipline yourself to create a better, robust, and profitable business
20:07 Get rid of the myth that owners are the ones to systemise their business 
23:59 Start to prioritise things that you can delegate or outsource 
25:24 Starting with a vision 
26:20 Does vision get people into a better mindset?
28:44 Having a business that constantly needs you is risky 
33:26 Two approaches that worked for Barry to incorporate systems into flowcharts 
38:29 Three realms Barry looks into his business to always bring improvement 
40:57 Feedback loop 
42:05 Accountability and responsibility
44:08 Be clear of where you’re going 
50:13 Overview of the chapters in Barry’s Book ‘The Path to Free

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