Master Builders Elevate: Building a Better Business

In this episode, Mike and Ryan talk about how people progress through their careers. Specifically, how they transition from employment to business ownership and eventually to an investor. They identify how people can often get trapped in the move from self-employment to business owner because the business is so reliant on them. In order to change this, they recommend a few leverage points.

Show Notes

In this episode, Mike and Ryan talk about how people progress through their careers. Specifically, how they transition from employment to business ownership and eventually to an investor. They identify how people can often get trapped in the move from self-employment to business owner because the business is so reliant on them. In order to change this, they recommend a few leverage points.
 
Firstly, simplify the business – focus on your biggest leverage point initially which is often people. Those who share your values, culture, and vision. Secondly, clarify your process and think about systems to make things highly repeatable and scalable. Every good business is one that is systemised, standardised, and automated. This is what they refer to as the business machine. Once achieved, the transition into investor can be made with ease as you can move out of an operational role in your business.
 
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.