48 - How Can You Overcome Self-Deception to Scale Your Business Effectively?

08/09/2025 25 min Temporada 2 Episodio 48
48 - How Can You Overcome Self-Deception to Scale Your Business Effectively?

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Episode Synopsis

In this episode of the Lucky 13 Podcast, hosts Mike Lantz and Josh Hauser dive into practical strategies for business growth, leadership, and financial management. Drawing on books like "Who Not How?" and "The Science of Scaling," they discuss overcoming self-deception, maximizing team accountability, and setting clear, actionable goals. The hosts share insights from an EOS Quality Control session, emphasizing that every employee impacts profit, the importance of visible metrics, and the value of locking in gains. Listeners are encouraged to confront business realities and use data-driven approaches to accelerate growth and profitability.   Podcast Introduction (00:00:08) Mike and Josh introduce themselves, the podcast, and share light banter about Cracker Barrel and family travel traditions. Book Recommendations & Scaling Concepts (00:01:43) Discussion of Ben Hardy and Dan Sullivan's books, especially "Who Not How?" and "The Science of Scaling," and their impact. Self-Deception in Business Scaling (00:03:15) Exploring why business owners lie to themselves about performance, accountability, and potential. Top Three Self-Deceptions for Business Owners (00:03:41) Identifying common areas where owners misjudge team capacity, business value, and time management. Compressing Timelines for Growth (00:05:54) How to challenge business timelines and rethink what's possible in shorter periods. Amateur vs. Professional Mindset (00:06:54) The difference between doing things right and mastering them to the point of not doing them wrong. Eight Financial & Operational Nuggets Introduction (00:07:18) Setting up the discussion on eight key business finance and operations insights from Mark Stanley's QC session. Nugget 1: Every Seat Drives Cash (00:08:36) Emphasizing that profit is everyone's responsibility, not just finance, and the impact of individual actions. Nugget 2: Start Broad Then Sharpen (00:10:34) Brainstorming profit drivers, then narrowing focus to the most effective actions. Nugget 3: Set Real Goals (00:11:54) Importance of hard targets for every number, with clear minimum, primary, and visionary goals. Nugget 4: Name the Owner (00:14:05) Assigning clear ownership for each metric to ensure accountability and better outcomes. Nugget 5: Movement, Don't Just Measure (00:16:21) Scorecards should drive action, not just report results; focus on trends and corrective actions. Nugget 6: Anchor the Gains (00:19:00) Locking in wins as new minimum standards and continually raising the bar. Nugget 7: Make It Visible (00:22:19) Publicly displaying goals and progress to build buy-in and accountability across the team. Nugget 8: Find Millions in Minutes (00:23:32) Dedicating focused time to uncover quick wins and cash flow opportunities within the business.

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