{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Future Proof","title":"Why you need a Velocity Vision: Key Principles of Business Transformation","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/80854752\"></iframe>","width":"100%","height":180,"duration":2979,"description":"Mark Miller, a new coach at Velocity Coaching, joins Scott Eckart on Future Proof to kick off a three-part series on the key principles of business transformation. They start with clarifying your velocity vision and systematic value extraction, the conscious effort to convert business ownership into personal financial freedom.\n\nIn this episode, you'll hear about:\nWhy leadership teams rarely agree on their own vision, even when they think they do\nThe blank piece of paper test Scott uses with business owners and their leaders\nWhat \"systematic value extraction\" actually means and why most owners skip it\nHow company valuation works even if you never plan to sell\nThe non-financial factors, like succession planning and culture, that raise or lower what your business is worth\nThings to listen for:\n(00:00) Meet Mark Miller\n(01:00) Mark reflects on his own transition\n(03:57) Velocity Coaching's core belief for owners\n(05:40) Why you need a velocity vision\n(06:46) The blank paper vision test\n(09:05) Falling into the tyranny of the urgent\n(12:42) Introducing systematic value extraction\n(13:59) What does it cost to be you\n(17:34) A hard lesson from 2008 and 2009\n(24:07) Why valuation matters even if not selling\n(27:31) A buy-sell agreement gone wrong\n(28:04) How AI is reshaping company value\n(30:23) Your business is worth what buyers pay\n(31:36) Non-financials that raise your valuation\n(33:11) Closing the wealth, income, and profit gaps\n(35:37) Identifying and keeping your key people\n(38:06) Introducing the Velocity Scorecard\n(46:07) Three things to change starting now\n\nResources:\nMark Miller LinkedIn: https://www.linkedin.com/in/mark-miller-6381a213/\nJoin the Velocity Network: https://www.velocoaches.com/","thumbnail_url":"https://img.transistorcdn.com/R8Jh5Gdtwc4BRcUrjB8UCVsc3l40FUbtCRPAbhjCE9g/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9mM2Mx/NDEwMjEzZGE0YzI0/OTI1ZmFjYmY0MmZm/Zjc4MS5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}