My Business On Purpose

Join Patrice Miles, BOP Business Coach, and Sam Wheeler, State Farm Agent, as they explore the depths of "Key Person Insurance" on the latest episode of Tuesday Tools On Purpose at My Business On Purpose Podcast. Discover the strategic importance of Key Person Insurance for business owners and gain practical insights to fortify your business journey! Are you working IN your business or ON your business? Do you have all of the foundational elements that will liberate you from the business chaos? Take the assessment to find out which areas you can grow and improve on. Take our Healthy Owner Business Assessment HERE ➡️ https://bit.ly/healthypatrice Contact Info: Sam Wheeler, State Farm Agent Cell Number: (502) 753-9833 Office Number: (502) 459-9700 sam@planwithsam.com www.planwithsam.com SIGN UP for our Newsletter HERE ➡️ https://www.boproadmap.com/newsletter For blogs and updates, visit our site HERE ➡️ https://www.mybusinessonpurpose.com/blog/ LISTEN to the Business On Purpose Podcast HERE ➡️ https://podcasts.

Aren’t there better ways to accomplish your Vision than by writing it down and just simply looking at it? In short, nope! But let’s talk about that today. Thomas Joyner with Business on Purpose here, thanks so much for listening. Let me introduce you to Eli Hanneman. Now, call me a geek…whatever you want to do. But Eli Hanneman is 20 years old, and from Lahaina, Hawaii. I’m a surfing nerd and follow the professional surfing tour called the CT or Championship Tour. Eli has been a prodigy since he was 12 years old. Everyone knew he was going to be the next great Hawaiian surfer. But, when his professional career started at 17 he limped along and basically was stuck in the minor leagues for the past 3 years…until a month ago…. HE finally qualified.  That day he posted a video to his social media. It’s a video of the Note app on his phone dating back to May 22 of 2022. The date he decided to start writing down his vision and keeping it in front of him regularly. Every morning he woke up, and wrote down the date a

Join Patrice Miles, BOP Business Coach, and Paul Stafford, Apex Strategic CPAs, as they unravel the strategic brilliance of "Pass-Through Entity Tax" on the latest episode of Tuesday Tools On Purpose at My Business On Purpose Podcast. Explore how this powerful tax strategy can revolutionize your business operations and elevate your financial success. Tune in for expert insights, success stories, and actionable steps to transform your business with purpose and intention. Are you working IN your business or ON your business? Do you have all of the foundational elements that will liberate you from the business chaos? Take the assessment to find out which areas you can grow and improve on. Take our Healthy Owner Business Assessment HERE ➡️ https://bit.ly/healthypatrice Contact Info: Paul Stafford, Apex Strategic CPAs paul@apexstrategic.cpa phone number:  502 386 2205 SIGN UP for our Newsletter HERE ➡️ https://www.boproadmap.com/newsletter For blogs and updates, visit our site HERE ➡️ https://www.mybusinessonpurpo

I’ve heard it said that 96% of businesses will not see their tenth birthday. A study conducted by the Exit Planning Institute reveals 30% of those businesses that survive will make it through their 2nd generation. Of what little remains, only 12% of the very limited 2nd generation businesses will make it through the 3rd generation. Business is hard.  Regardless of product, regardless of industry, regardless of market, leadership, and sustainability; business is hard. A modern refrain among owners and leaders is that “nobody wants to work anymore”. Older generations look down the pathway of a younger lineage and sense a mood of apathy and lack of resolve. We then begin to conjecture as to why “nobody wants to work anymore” and begin unwrapping and applying the band-aids of bygone solutions that worked in the past hoping desperately for the tried-and-true to spur renewed action into the future.  And then they don’t. In a culture of significant fluctuation and innovation, it is the older generation (this author

In about a year from now, Business On Purpose will celebrate its 10-year anniversary. The statistics range, but it has been said 96% of businesses never see their 10th birthday. When milestones and thresholds are crossed over questions begin peppering your inbox searching for the “secret to your success” as if there is a singular ingredient that concocted the cake that now stands in the display. It may be worth noting that success is not a given destination and instead is a manufactured line that we cross of our own making.  Ashley and I have been married since 1998 and while we celebrate the miles we have traveled together, we know that that are another 50 years yet to explore and the path we laid in those early years is not representative of the path we actually took. I once read a quote by Seth Godin saying, “I am an overnight success and it only took me 14 years to get here.”   Father Richard Rohr remarked, “This journey is a spiral and never a straight line”. When asked to share our story and background

Join Patrice Miles, BOP Business Coach, as she interviews Conner Fennell, BOP Intern at My Business on Purpose Podcast- Tuesday Tools On Purpose. Discover Conner's experiences, the hiring process, DISC test insights, tasks for BOP, and how this internship is shaping his goals. Don't miss this valuable internship discussion! Are you working IN your business or ON your business? Do you have all of the foundational elements that will liberate you from the business chaos?  Take the assessment to find out which areas you can grow and improve on.  Take our Healthy Owner Business Assessment HERE ➡️ https://bit.ly/healthypatrice SIGN UP for our Newsletter HERE ➡️ https://www.boproadmap.com/newsletter For blogs and updates, visit our site HERE ➡️ https://www.mybusinessonpurpose.com/blog/ LISTEN to the Business On Purpose Podcast HERE ➡️ https://podcasts.apple.com/us/podcast/my-business-on-purpose/id969222210 SUBSCRIBE to our YouTube channel HERE ➡️ https://www.youtube.com/channel/UCbPR8lTHY0ay4c0iqncOztg?sub_confirmat

Join Patrice Miles (BOP Business Coach) and Jessie Barber (BOP Client Connection Director) as they share essential tips on hiring interns at My Business on Purpose Podcast- Tuesday Tools On Purpose. Learn the hiring process, overcoming obstacles, internship length, finding the right candidate, compensation, onboarding, and communication. Are you working IN your business or ON your business? Do you have all of the foundational elements that will liberate you from the business chaos?  Take the assessment to find out which areas you can grow and improve on.  Take our Healthy Owner Business Assessment HERE ➡️ https://bit.ly/healthypatrice SIGN UP for our Newsletter HERE ➡️ https://www.boproadmap.com/newsletter For blogs and updates, visit our site HERE ➡️ https://www.mybusinessonpurpose.com/blog/ LISTEN to the Business On Purpose Podcast HERE ➡️ https://podcasts.apple.com/us/podcast/my-business-on-purpose/id969222210 SUBSCRIBE to our YouTube channel HERE ➡️ https://www.youtube.com/channel/UCbPR8lTHY0ay4c0iqncOztg

Join Patrice Miles, BOP Business Coach, and Thomas Joyner, BOP Director of Coaching, as they delve into the power of "Forecasting" on the latest Tuesday Tools On Purpose episode at My Business On Purpose Podcast. Learn to predict financial currents and navigate your business towards stability and growth. Are you working IN your business or ON your business? Do you have all of the foundational elements that will liberate you from the business chaos? Take the assessment to find out which areas you can grow and improve on. Take our Healthy Owner Business Assessment HERE ➡️ https://bit.ly/healthypatrice SIGN UP for our Newsletter HERE ➡️ https://www.boproadmap.com/newsletter For blogs and updates, visit our site HERE ➡️ https://www.mybusinessonpurpose.com/blog/ LISTEN to the Business On Purpose Podcast HERE ➡️ https://podcasts.apple.com/us/podcast/my-business-on-purpose/id969222210 SUBSCRIBE to our YouTube channel HERE ➡️ https://www.youtube.com/channel/UCbPR8lTHY0ay4c0iqncOztg?sub_confirmation=1

Join Patrice Miles, BOP Business Coach, and Jessica Vanbrunt, Co-Owner of Vanbrunt and Company, as they delve into Email Filtering strategies on the latest episode of Tuesday Tools On Purpose at My Business On Purpose Podcast. Learn about streamlining your inbox chaos and harnessing the power of intentional email management for enhanced productivity and business success. Are you working IN your business or ON your business? Do you have all of the foundational elements that will liberate you from the business chaos? Take the assessment to find out which areas you can grow and improve on. Take our Healthy Owner Business Assessment HERE ➡️ https://bit.ly/healthypatrice SIGN UP for our Newsletter HERE ➡️ https://www.boproadmap.com/newsletter For blogs and updates, visit our site HERE ➡️ https://www.mybusinessonpurpose.com/blog/ LISTEN to the Business On Purpose Podcast HERE ➡️ https://podcasts.apple.com/us/podcast/my-business-on-purpose/id969222210 SUBSCRIBE to our YouTube channel HERE ➡️ https://www.youtube.com/

Join Patrice Miles, BOP Business Coach, and Nicole Grinnell, President and CEO of Bosun Solutions, as they uncover the keys to hiring success and recruiting services on the latest episode of Tuesday Tools On Purpose at My Business On Purpose Podcast. Elevate your hiring game and transform your business landscape. Are you working IN your business or ON your business? Do you have all of the foundational elements that will liberate you from the business chaos? Take the assessment to find out which areas you can grow and improve on. Take our Healthy Owner Business Assessment HERE ➡️ https://bit.ly/healthypatrice Contact Info: Bosun Solutions nicole@bosunsolutions.com +1 916-756-5439 www.bosunsolutions.com SIGN UP for our Newsletter HERE ➡️ https://www.boproadmap.com/newsletter For blogs and updates, visit our site HERE ➡️ https://www.mybusinessonpurpose.com/blog/ LISTEN to the Business On Purpose Podcast HERE ➡️ https://podcasts.apple.com/us/podcast/my-business-on-purpose/id969222210 SUBSCRIBE to our YouTube chan

Join Patrice Miles, BOP Business Coach, and Trevor Covington, LBMC Senior Marketing Manager, as they uncover the secrets behind effective marketing strategies on today's episode of Tuesday Tools On Purpose at the "My Business On Purpose" Podcast! Dive deep into practical tips and expert insights to propel your business forward. Are you working IN your business or ON your business? Do you have all of the foundational elements that will liberate you from the business chaos? Take the assessment to find out which areas you can grow and improve on. Take our Healthy Owner Business Assessment HERE ➡️ https://bit.ly/healthypatrice SIGN UP for our Newsletter HERE ➡️ https://www.boproadmap.com/newsletter For blogs and updates, visit our site HERE ➡️ https://www.mybusinessonpurpose.com/blog/ LISTEN to the Business On Purpose Podcast HERE ➡️ https://podcasts.apple.com/us/podcast/my-business-on-purpose/id969222210 SUBSCRIBE to our YouTube channel HERE ➡️ https://www.youtube.com/channel/UCbPR8lTHY0ay4c0iqncOztg?sub_confirm

The number stunned me when I first heard it.  80% of a business owner's net worth is locked away in the asset of their business. Can you imagine 80% of your retirement dollars bottled up in one stock?   The cash flow of the business can often quell the desire for an owner to diversify their assets into anything beyond the business.  A business can be a high-return asset for sure… and with it, equally high risk. A standard question for any business owner to ask is, “How much is my business worth if I wanted to sell it?” The short answer is, “Whatever a buyer will pay for it!” There are ways to begin to have an educated idea on what your business would actually sell for on the open market.   Here are four metrics that you will need to know when getting prepared to understand a reasonable market valuation for your business. Before we lay out this framework be reminded that we are not financial or legal advisors and all such decisions should be consulted by financial and legal professionals.   First, all business

Join Patrice Miles, BOP Business Coach, and Matt Sohl, Creative Specialist of WireCrafters as they dive into the power of YouTube Shorts on the latest episode of Tuesday Tools On Purpose at My Business On Purpose Podcast. Discover how YouTube Shorts can transform your business' reach and branding strategy. Are you working IN your business or ON your business? Do you have all of the foundational elements that will liberate you from the business chaos? Take the assessment to find out which areas you can grow and improve on. Take our Healthy Owner Business Assessment HERE ➡️ https://bit.ly/healthypatrice SIGN UP for our Newsletter HERE ➡️ https://www.boproadmap.com/newsletter For blogs and updates, visit our site HERE ➡️ https://www.mybusinessonpurpose.com/blog/ LISTEN to the Business On Purpose Podcast HERE ➡️ https://podcasts.apple.com/us/podcast/my-business-on-purpose/id969222210 SUBSCRIBE to our YouTube channel HERE ➡️ https://www.youtube.com/channel/UCbPR8lTHY0ay4c0iqncOztg?sub_confirmation=1

Join Patrice Miles, BOP Business Coach, and Nicole Grinnell, President and CEO of Bosun Solutions, as they uncover the power of Fractioning on the latest episode of Tuesday Tools On Purpose at My Business On Purpose Podcast. Learn how this tool optimizes efficiency and empowers businesses to thrive in today's competitive landscape. Are you working IN your business or ON your business? Do you have all of the foundational elements that will liberate you from the business chaos? Take the assessment to find out which areas you can grow and improve on. Take our Healthy Owner Business Assessment HERE ➡️ https://bit.ly/healthypatrice Contact Info: Bosun Solutions nicole@bosunsolutions.com +1 916-756-5439 www.bosunsolutions.com SIGN UP for our Newsletter HERE ➡️ https://www.boproadmap.com/newsletter For blogs and updates, visit our site HERE ➡️ https://www.mybusinessonpurpose.com/blog/ LISTEN to the Business On Purpose Podcast HERE ➡️ https://podcasts.apple.com/us/podcast/my-business-on-purpose/id969222210 SUBSCRIBE

So, a quick thought on mindset. If we think immediately, mindset,  whatever, doesn't matter. It absolutely matters. In neuroscience, it's way above my head, but I trust it, and I read about it, and it says, mindset absolutely matters. And we can actually create new neural pathways. That's a really big word. But we can create new ways of thinking that actually change our brain, and its structure, which is amazing. Mindset does matter, and our thoughts determine our behaviors and our behaviors just determine our life, really. It affects our lives. And so our thoughts is where it starts, and that affects everything, you, the folks in your sphere of influence. So it affects your day to day at life and work because those, as we say, necessarily intersect.  So I'll give you an example. We had a hurricane come through here on the South Carolina coast, and we all lost power. We've got several friends that live in our neighborhood, and we all lost power. Here was my mindset. Okay, I'm calling myself out. Here we go. W

Join Patrice Miles, BOP Business Coach and Chris Whelan, Owner of WSI Digital Win as they unravel the power of Google Guaranteed on the latest episode of Tuesday Tools On Purpose at the Business On Purpose Podcast. Learn how this game-changing tool can transform your business and boost your credibility.  Are you working IN your business or ON your business? Do you have all of the foundational elements that will liberate you from the business chaos? Take the assessment to find out which areas you can grow and improve on. Take our Healthy Owner Business Assessment HERE ➡️ https://bit.ly/healthypatrice Contact Info: Chris Whelan Owner, WSI Digital Win chris@wsidigitalwin.com +1 502 552 2377 www.wsiworld.com/chris-whelan SIGN UP for our Newsletter HERE ➡️ https://www.boproadmap.com/newsletter For blogs and updates, visit our site HERE ➡️ https://www.mybusinessonpurpose.com/blog/ LISTEN to the Business On Purpose Podcast HERE ➡️ https://podcasts.apple.com/us/podcast/my-business-on-purpose/id969222210 SUBSCRIBE to

Join Patrice Miles, BOP Business Coach, and Mark Kenney, one of the Founders of Clinkit, as they unpack the strategic approach to utilizing Clinkit in your business journey and reveal how you can start letting your construction equipment work for you! Uncover practical tips and guidance for leveraging this tool effectively! Stop letting your construction equipment sit around. Rent it out like an AIRBNB... just Clinkit! Are you working IN your business or ON your business? Do you have all of the foundational elements that will liberate you from the business chaos?  Take the assessment to find out which areas you can grow and improve on.  Take our Healthy Owner Business Assessment HERE ➡️ https://bit.ly/healthypatrice SIGN UP for our Newsletter HERE ➡️ https://www.boproadmap.com/newsletter For blogs and updates, visit our site HERE ➡️ https://www.mybusinessonpurpose.com/blog/ LISTEN to the Business On Purpose Podcast HERE ➡️ https://podcasts.apple.com/us/podcast/my-business-on-purpose/id969222210 SUBSCRIBE to

There were some industries through the pandemic that hit the jackpot with a flood of cash into the market.  Real estate and construction were beneficiaries en masse drawing value from a unique cultural cocktail of a geographically mobile workforce, a shortage of housing inventory, and a rush of available cash into the market. Sales roles in this unique market began to belly up at the bar of counter sales limiting the time needed to “beat the streets” and “shake the bushes”. Moving into this next season, those who see growth and success in their business will be those who commit to the art and science of business development; the literal development and cultivation of new business.   The world that we are inheriting is a world captured in a simple, non-cliched acronym coined by futurist Dr. Bob Johansen…V.U.C.A. Volatility Uncertainty Complexity Ambiguity What will stand out in a VUCA world?  Clarity and simplicity. Sales is not hard…sales is tedious.  Sales is the fuel in the tank of any business to ensure ra

Unlock the Power of ChatGPT in Your Business  Join Patrice Miles- BOP Business Coach and Jessie Barber- BOP Client Connection Director, as they explore the power of ChatGPT at My Business on Purpose Podcast- Tuesday Tools On Purpose. Learn how ChatGPT can transform your business operations and elevate productivity.  Are you working IN your business or ON your business? Do you have all of the foundational elements that will liberate you from the business chaos?  Take the assessment to find out which areas you can grow and improve on.  Take our Healthy Owner Business Assessment HERE ➡️ https://bit.ly/healthypatrice SIGN UP for our Newsletter HERE ➡️ https://www.boproadmap.com/newsletter For blogs and updates, visit our site HERE ➡️ https://www.mybusinessonpurpose.com/blog/ LISTEN to the Business On Purpose Podcast HERE ➡️ https://podcasts.apple.com/us/podcast/my-business-on-purpose/id969222210 SUBSCRIBE to our YouTube channel HERE ➡️ https://www.youtube.com/channel/UCbPR8lTHY0ay4c0iqncOztg?sub_confirmation=1

This week marks the launch of the Business On Purpose annual PREP WEEK for clients.  Each year at the beginning of November, we guide each of our heroic business owners through a series of repeatable, predictable, and meaningful (RPM) steps to help bring the clarity they need to get their business in shape for the coming year. Each year brings its own swirling mix of headwinds and tailwinds, and the business must be properly prepared and maintained in order to handle the predictable and unpredictable chaos that will come. There are eight steps that we guide our owners through to equip them and their teams with the foundation to lean into their mission. First, every business owner (including me) will go review and update their vision story.  The vision story is a seven-category outline inviting the owners to detail what the future snapshot of their business looks like and enables their team to have a clear picture of what they are pushing towards. The Proverb is self-evident, “where there is no vision, people