Master Builders Elevate: Building a Better Business

In this episode Ryan and Mike discuss the importance of working ON the business, as opposed to IN the business. Many businesses owners get stuck in the operational tyranny of trying to get things ticked off the to do list and managing the urgent issues. Mike and Ryan suggest taking a step back to see the bigger picture of where you want to take the business and what you need to do to get there. They use the framework of improve, develop, transform to guide how you work on your business.

Show Notes

In this episode, Ryan and Mike discuss the importance of working ON the business as opposed to IN the business. Many business owners get stuck in the operational tyranny of getting things ticked off the to-do list and dealing with the urgent issues. Mike and Ryan suggest taking a step back to see the bigger picture of where you want to take the business and what you need to do to get there.

They talk about the importance of religiously making time to carve out a day in the week solely focused on working ON the business. This is referred to as a Development Day; a day focused on the future of the business. They use the framework of improve, develop, transform to help guide how to work on the business. 
  • Improve: Improving existing products, services and processes, develop and train staff
  • Develop: New initiatives such as new products, new technology, new processes, new markets
  • Transform: What your business might it look like in the future, where is the industry heading? 
It’s simple but not always easy to do because the urgent always speaks louder than the important. Working on the future of your business is absolutely critical. 

Links

What is Master Builders Elevate: Building a Better Business?

Welcome to the Master Builders Elevate podcast, hosted by Ryan Castle, where we discuss topics and talk with experts, advocates and business owners in the New Zealand construction industry. We share knowledge, insights and experiences to help you build a better business and enjoy a better life. The podcast explores ideas and practices that help builders get the best from their businesses, teams and themselves. Every second week a new episode will be released. You can listen online or find and subscribe to the podcast on your favorite podcast platform, such as Spotify or Apple Podcasts.

In addition to a podcast, Registered Master Builders Elevate is the online learning portal exclusively for Master Builders. Here you’ll find courses, microcourses and other learning resources – all free to you as part of your membership. Elevate offers the flexibility to learn what you need when you need it and at your own pace. The learning platform can be accessed anywhere, anytime and on any device and is available to all your staff. When members complete an Elevate course, they also earn LBP points.