{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Changing The Industry Podcast","title":"Episode 147 - Can You Balance Ruthlessness and Care in Business with Maylan Newton","html":"","width":"100%","height":180,"duration":3169,"description":"Lucas and David sit down with Maylan Newton at the TOOLS Conference 2023. In their conversation, they examine the necessity of firm yet compassionate leadership to offset negative impacts that can arise from problematic employees. They explore the misconceptions around business ownership and wealth while speaking about the importance of financial literacy within their teams.|The episode also critiques current industry standards of professionalism and underscores the primacy of business insight over technical expertise.00:00 Improved social sharing revealed unawareness of local events.04:08 Lack of time to promote upcoming events.08:51 Developing classes based on industry feedback and professionalism.09:45 Trade show budget is $70-80,000 yearly. Uniform importance.15:25 Shop owners often misidentify core business issues.17:35 Understanding numbers, planning ahead, asking long-term goals.22:09 Set clear expectations, align with spouse, and incentivize.25:12 Helping George set realistic expectations for buying.26:39 Encourage ownership, creativity, and financial guidance.29:47 Choose a used Toyota and save for retirement.35:15 Leaders prioritize profits, demanding sacrifices from employees.37:42 Guidance for helping those stuck in negativity.40:25 Business owners need ruthlessness, balance, and empathy.43:15 Employees' mindset must align with owners'.46:17 No problem with a guy and his toys.","thumbnail_url":"https://img.transistorcdn.com/TmFutVBA2CXrbhzBSzhfJLpfqgewMMYGUnLcyfdNyvc/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9zaG93/LzM3ODY2LzE2NzQw/ODM5MjItYXJ0d29y/ay5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}