Categories
Business Growth Entrepreneurship Personal Development

122: Investing for Your Kids

How soon should you start investing for your kids?  When should you start teaching your children the concept of investing? If you’ve been wondering if you should start now or wait a bit longer, stick around to gain some insights on this topic.

In this episode of Dadpreneurs Rising, Carl Taylor tackles the dilemma of whether or not parents should invest money for their children’s futures. He shares that he sets aside a monthly amount that gets invested into ETFs and shares for his daughter. Her portfolio is kept separate, so the funds are earmarked for her. 

Carl believes it’s important to give kids a financial foundation, even through small, regular contributions. There is danger in simply handing money over to your kids without inculcating a mindset on how they should handle their funds. So his plan is to start teaching his daughter to invest the money alongside him to help her develop financial skills and perspective before she’s allowed access to the capital as a young adult.

The key is to not simply build assets but impart money-related knowledge and provide your children with an investing portfolio to learn with. 

IN THIS EPISODE, YOU’LL DISCOVER…

  • Ideas on how to invest on behalf of your children via ETFs and shares (00:47)
  • When should you give your children control over their investments? (01:48)
  • The benefits of giving your children their own bucket of money (03:24)
  • The Jar System (04:00)

QUOTES

  • “If you just give your kids money, but you don’t teach them how to handle money, you don’t teach them how to look after money, you don’t teach them how to think about money, then you give them a pot of gold that they can go and just spend.” – Carl Taylor
  • “Give a mindset, a skill set, an understanding of where money fits in society.” – Carl Taylor

RESOURCES

Dadpreneur Program

WHERE YOU CAN FIND CARL TAYLOR
Automation Agency
CarlTaylor.com.au
LinkedIn
Facebook
Twitter

TRANSCRIPTION

Hey, and welcome to another episode of Dadpreneurs Rising. I’m your host, Carl Taylor.

This is the show for you if you are a dad, who runs your own business, and you’re looking to better balance business, home life, being a father, being a husband, all of the shebang that come with being a dadpreneur.

Now, in today’s episode, we’re going to talk about an interesting topic, which is, should I be investing for my kids? You know, it’s an interesting dilemma that many parents, but as dads who are, you know, success- oriented, usually, if we’re running our own business, we’re very goal-oriented, and we’re success oriented, and we like the idea of building investments for ourselves, should we be investing on behalf of our children too, as well? And I think this is a very personal decision, however, I will share some of my takes on what I do.

So I invest a amount every single month for my daughter, that amount gets dollar cost averaged into a bunch of ETFs and shares. And the way you structure that there are so many different ways to structure that. You can structure that where you put it in your child’s name, and there can be tax implications to that, you can put it within a structure.

For us, I have it inside of a company that also does other investments for the family, but it has its own separate portfolio. So it’s very clear that this is my daughter’s share portfolio, this is her investments, just happens to be owned within a company entity that we use for investing. So I believe it’s important to start them off if you can afford it, even if it’s small amounts to give them a foundation. But the interesting thing that always comes up is if you’ve been building wealth, at what point do you give them control? So while I’m not at that point, yet, I can share a little bit of what I’ve been thinking and the current plan.

So the current plan is that around 16 years old, if she’s showing interest, I will give her an opportunity to start investing the money alongside me. So she won’t be able to cash it out, she won’t be able to do anything with that money, except to use it to make more money. And this is really a key part of you know, if you just give your kids money, but you don’t teach them how to handle money, you don’t teach them how to look after money, you don’t teach them how to think about money, then you really, you give them a pot of gold that they can go and just spend. My hope is to give a mindset, a skill set, an understanding of where money fits in society, rather than just a bunch of money.

So around the 16 year old range, maybe early if she shows serious interest, but probably around that point, we’ll start to go, Hey, we’re going to invest this money together, we’re going to make some decisions, walk through it, and really help kind of guide her while also letting her make decisions and see what happens. Around the 18 year old mark is when I’ll probably start to go okay, well, now, you can get a small dividend or something, taking it, you can’t access the capital, but you can start to live off the eggs if you choose to, you can start to take them out rather than reinvest them.

Hopefully between 16 and 18, I’ve taught her the value of reinvesting those dividends, so she won’t want to but I’ll give that to her as a choice. And then probably, a lot, a bit later in life around the 25 year old, maybe even 30 year old mark, depends on whether I’m still here, is when I would actually go okay, now you can do whatever you want with that capital. So that’s currently my plan. So in terms of should you invest for your kids, I think you should.

Obviously, the more kids you have, the more challenging it becomes. I think it is worth giving them their own bucket of money, it doesn’t have to be huge amounts, but just small little investments that you can make on a regular basis. That gives them a portfolio, it gives them a place to get started. Because then you can have that conversation of like, look what I’ve created for you. Let’s keep the ball rolling before I actually give it to you. But as I said, this is a personal decision for you to make. And, but if you can afford it, even just small amounts, $5 a month, it can be all you need to get started.

Obviously, if you can put more then go for it. But if you’ve got a bunch of kids, you put $5 a month, I think that’s a really good thing to start with. Another area you can start with too is, you know, teaching them, we’ve talked about in previous episodes on the podcast, the Jar System, teaching them how to take the money that they do receive either from a job or if you pay them an allowance, and how to make that, you had a budget that money into different jars and allocate it for different purposes, that will also have a really powerful impact over and above just giving them a bunch of money that you’ve invested over the years.

So that’s where I’m at. I’m focusing on shares at some point, we might invest in a property for her as well. But that, you know, we’ll leave that down the sides for the future to see what happens. But right now we’re just keeping a pool of money in shares for her.

So I hope you found that interesting. I’d love to hear from you. If you’ve done something differently, shoot us an email. We’d love to hear from you. You can find us at rising dot show, you can make contact, and it would be great to hear your approach to this. Until next time, keep up the journey.

Like this episode? Have topics that you would like us to discuss?  We’d love to hear your feedback and comments. Let us know by leaving a comment below. 

Categories
Business Growth Entrepreneurship Personal Development

121: Is Work Your Mission or Your Escape?

Some entrepreneurs see work as a means through which they can enjoy life more with their families, while others see it as an excuse to escape the chaos at home. Which one are you? 

In this episode of Dadpreneurs Rising, Carl poses an important question — Do you see your work as a meaningful mission or an escape from reality? For dadpreneurs, it’s critical to assess this honestly.

Many business owners immerse themselves and seek refuge in work to avoid facing difficult situations at home. While providing a temporary distraction, this neglect will not resolve underlying relationship or family dynamic issues.

Carl reminds us that the first step is acknowledging when you are escaping into work to numb challenges on the home front. Next, you must summon the courage to explore what specifically needs attention there, and how to address it. 

On the other hand, if you have a healthy home life and wholeheartedly view your business as fulfilling your true life purpose — that is tremendous news. Still, be mindful that your family helps sustain this success, so be sure to value and connect with them as you fulfil your mission.

Support is available if you need help navigating this critical phase in your entrepreneurial journey, and Dadpreneurs Rising could very well be the ally you’ve been searching for.

IN THIS EPISODE, YOU’LL DISCOVER…

  • Do you see work as a mission, a deep soul calling or an escape from reality? (00:22)
  • What you can do once you become aware that you’re using work as an escape (01:48)
  • Who you should never forget if you’re at the stage where you see work as a mission (02:26)

QUOTES

  • “The good news is, awareness is the first step. As soon as you have that awareness to thinking I’m escaping, you can start to change it.” – Carl Taylor
  • “Don’t forget about the people who are supporting you at home. Don’t forget about your kids, don’t forget about your wife … it’s easy to get so consumed in your mission that they feel neglected.” – Carl Taylor

RESOURCES

Dadpreneur Program

WHERE YOU CAN FIND CARL TAYLOR
Automation Agency
CarlTaylor.com.au
LinkedIn
Facebook
Twitter

TRANSCRIPTION

Carl Taylor: Are you someone who sees your work as a mission? What you do in your business? Is this a mission, a deep soul calling? Or is it actually your escape? 

Hey, everyone, this is Carl Taylor. I’m, your host here at Dadpreneurs Rising. Welcome. This is the show for you. If you’re a dad in business and you’re struggling to balance being a dad, an entrepreneur, a husband and a man in general. Now, I want to talk about a really interesting question. Are you someone who sees your work as a mission? Like what you do in your business? Is this a mission, a deep soul calling? Or is it actually your escape? Are you escaping from reality? 

See, a lot of people, they know that people watch tv or scroll social media, or drink alcohol or do drugs as a form of escaping from their reality. Not enough people are aware that you can do the same thing in work, in business. And so if you are an entrepreneur and many dadpreneurs suffer from this, where home life maybe not quite the way you want it to be, whether it’s you don’t feel appreciated enough, or whether it’s you actually just get irritated all the time, or you feel like you’re being nagged or whatever’s going on in home life, that it’s easier to go to work and to try and get more sales or to put out the fire and deal with the stress and the drama in work life, because that’s something you know and you have full control over, rather than facing the mess that’s waiting for you back home. so if you are a man who’s going, you know what, yeah, I am escaping into work. 

The good news is awareness is the first step. As soon as you have that awareness to go, ah, I’m escaping, you can start to change it, because all you need to do if you’re realising you’re escaping is shift your attention now back to home. What’s going on at home that has you wanting to escape? Putting your head in the sand and forgetting about and ignoring it will not make that problem go away. Be a man, step up and look at it head on. What is going on? What needs addressing? Then if you need support and you need help on how to address those things, well, you can reach out to us at dadpreneur.com and see whether or not we’re the right fit to help you navigate those challenges. 

But the first thing is you might need to identify what’s going on for you at home that’s making you want to avoid home and go and spend more time working now on the other side, if you’re going, no, you know what? Home life is amazing. I’ve got this great balance, and business is really the thing that fuels my soul. It’s my core mission, my purpose on this planet. Then that is amazing. But even still, ask yourself, is that deeply true? Are you convincing yourself that’s true, or is it really true? And if it is amazing, I applaud you. Keep doing what you’re doing. But don’t forget about the people who are supporting you at home. Don’t forget about your kids. Don’t forget about your wife. They’re there supporting you. And it’s easy to get so consumed in your mission that they feel neglected. And if they feel neglected, sometimes they do things that aren’t the best for keeping your family together. I’m going to leave it there. Until next time, keep up the journey. 

Hey, fellow dadpreneurs.  Thanks for tuning in to today’s episode. If you’ve missed something said on today’s episode, you can find transcripts, links, and other notes from today’s episode, as well as all other episodes us over at rising show that’s show not so. Head over to rising show to get all the information that you need.

Like this episode? Have topics that you would like us to discuss?  We’d love to hear your feedback and comments. Let us know by leaving a comment below. 

Categories
Business Growth Entrepreneurship Personal Development

120: The Only People Who Will Remember You Worked Late

If you’ve been stuck in hustle mode for years, yet stagnated personally and professionally, maybe it’s time to shake things up. Doing the same things will net the same results. It’s time to evaluate if your business fuels or drains your life!

In this episode of Dadpreneurs Rising, Carl Taylor reveals a blunt truth — the only people who will remember you worked late nights and weekends are your wife and kids. 

This wake-up call urges business dads to rethink their priorities and make some drastic changes, if necessary, in how they manage their time.

While demanding clients and critical projects may feel pressing at the moment, your family bears the real impact of absent presence in the long run. Prioritising work over nourishing connections inflicts a quiet and lasting pain.

With care and some boundaries, Carl reminds us that we can have a flourishing professional life alongside a thriving home life. It starts with taking responsibility for the environment you’re creating and taking courageous steps towards change.

Remember, what truly matters most in life are people and experiences, not accomplishments and assets. If business eclipses these priorities, it’s time to face this tough reality head-on and correct mistakes before regret sets in. Bear in mind — your wife and kids are the only people who will remember.

IN THIS EPISODE, YOU’LL DISCOVER…

  • What dads in business really need to hear (00:38)
  • Why you should start thinking about your work-life balance (02:46)

QUOTES

  • “The only people who will remember that you worked late are your wife and your kids.” – Carl Taylor
  • “If you set things up correctly, and you have the right approach to how you think about where business fits in your overall kingdom, your overall life, then business can be a thing that fuels your life rather than takes you away from the things that are really going to matter most.” – Carl Taylor
  • “Ultimately, it comes down to the decision of am I going to let this business run my life or am I going to let business be a component that fuels my life? The difference between living to work versus working to live.” – Carl Taylor

RESOURCES

Dadpreneur Program

WHERE YOU CAN FIND CARL TAYLOR
Automation Agency
CarlTaylor.com.au
LinkedIn
Facebook
Twitter

TRANSCRIPTION

Hey, welcome to Dadpreneurs Rising. This is our very first episode under the new branding. So, welcome. So great to have you here. I’m your host, Carl Taylor. If you’ve not listened to previous episodes when we had a different name, then I’m a business owner, I’m a dad, and I also happen to be financially free. And I run a coaching program called dadpreneur.com, where I help other dads who are in this business journey to balance business and home life to ultimately step into being the king of the four key arenas of their kingdom, which are business, health, wealth, relationships.

So today’s episode, I want to talk about something that when I first heard this, really smacked me in the face, and when I’ve shared this same comment to many other dads in business, it’s a bit of a gut punch, but it’s something you need to hear and hear.

Here it is. The only people who will remember that you worked late are your wife and your kids. Just let that sink in. I’ll say it again, the only people who will remember 20 years from now, 10 years from now that you worked late, your wife and your kids. The important client, those team members that you know, whatever the key project, and the reason you tell yourself that you got to work, you got to work, you got to work, you got to work, you got to hustle, the only people that are going to remember that you weren’t home for dinner, the only people going to remember that you weren’t available to play, that you weren’t available to connect, that you felt distant, are your wife and your kids.

Now it doesn’t have to be this way. Yes, business is like another baby, it takes a lot of attention. However, if you set things up rightly, and you have the right approach in how you think about where business fits in your overall kingdom, your overall life, then business can be a thing that fuels your life rather than takes you away from the things that are really going to matter most. I mean, there have been so many studies and discussions with people on their deathbed, that usually they’re not saying, hey, I really wish I made more money, hey, I really wish I started that business. Well, that might be true. Some people might say, I wish I’d started that business because they stayed safe. But that’s not you, you’re already in business. Usually they’re saying I wish I’d taken that chance with, you know, that love or I wish I’d spent more time when my kids or it’s usually about relationships and experiences that they truly care about on their deathbed, not that, you know, I wish I’d spent another five hours working so I could try to win that client.

Now I’m not taking away from the hustle required in business. I’ve had my share of that in my 20 odd years in business. But there is a different way that you can go about it. And so I encourage you to really think about it right now. If you’re spending hours working, if you’re telling yourself, I got to keep working, I got to keep working. And you know that things are suffering at home, that your relationship with the kids, not where you want it to be. You’re not spending the time with them that you’d like to, you haven’t been able to be there, you haven’t been able to be the person they can lean on because you’ve been so busy at work, or things are really strained between your wife, maybe they’re not terrible, right? Maybe your relationships, okay. And you’re happy, you’re happy. But you know that she’s happy? If she’s sitting there, you know, grinning but inside feeling neglected. I don’t know, I don’t know your personal situation, but many women, that’s their situation. Many women who are in relationship with entrepreneurs. So, really ask yourself, is it worth it? The answer might be yes, in this phase. But if you’ve been doing that, for a sustained period of time, if you’ve just been only in this hustle mode for about a month, that’s probably fine. But if you’ve been in this hustle and grind mode for a few years, and you feel like you’re just kind of moving in quicksand, you’re not actually going anywhere, you’re just spinning wheels in sand. And then it’s probably time for a whole different approach.

Don’t keep doing the same thing because you’re gonna keep getting the same results. Change things up. If you want some help, you can find us over at dadpreneur.com Reach out, love to see if we can help you. But ultimately, it comes down to the decision of am I going to let this business run my life or am I going to let business be a component that fuels my life? The difference between living to work versus working to live. I’ll leave you with that. Till next time. Keep up the journey.

Hey, fellow dadpreneurs.  Thanks for tuning in to today’s episode. If you’ve missed something said on today’s episode, you can find transcripts, links, and other notes from today’s episode, as well as all other episodes us over at rising show that’s show not so. Head over to rising show to get all the information that you need.

Like this episode? Have topics that you would like us to discuss?  We’d love to hear your feedback and comments. Let us know by leaving a comment below. 

Categories
Business Growth Entrepreneurship Personal Development

119: Introducing Dadpreneurs Rising

Carl Taylor marks this episode with an exciting announcement — rebranding this podcast from Entrepreneurs Rising to Dadpreneurs Rising. While subtle, this shift signifies a new focus on serving entrepreneurial dads specifically.

Originally launched to chronicle entrepreneurs rising the tide together, over time, Carl pivoted to support men navigating business ownership alongside being a dad and a loving partner. His community revealed how fellow dads hungered for content tackling this precarious balance.

With an insider understanding of the unique challenges dads face, Carl enthusiastically leans into targeted topics to equip his niche audience. Dadpreneurs Rising aligns the podcast to directly help entrepreneurial fathers better juggle priorities, grow wealth, overcome addictions, optimise fitness, strengthen relationships, and many more.

However, the podcast remains open and valuable for all entrepreneurs seeking business insights and personal development. While repositioning to serve dadpreneurs explicitly, the show’s wealth-building business wisdom and relevant, enlightening guests carries on as the cornerstones for this podcast.

IN THIS EPISODE, YOU’LL DISCOVER…

  • Rebranding announcement (00:11)
  • A look behind the podcast’s new name: Dadpreneurs Rising (01:00)

QUOTES

  • “We want to work with you, dads, because I see you.  If you’re a dad listening to this, and you run your own business, I know what you’re going through. I am a dad too. “ – Carl Taylor 
  • “It’s a community for fellow dads who run their own business, who want to better balance those roles of being the entrepreneur, the father, the husband, and the man.” – Carl Taylor

RESOURCES

Dadpreneur Program

WHERE YOU CAN FIND CARL TAYLOR
Automation Agency
CarlTaylor.com.au
LinkedIn
Facebook
Twitter

TRANSCRIPTION

We’ve got exciting news here on the podcast.

Hey, Carl Taylor here. I’m your host. And I’m excited to announce that we are officially rebranding this podcast. It is a very subtle shift in name, but it’s a major shift in context around how we’ll be proceeding with the podcast moving forward. So what is the new name?

Well, currently, or the previous name was Entrepreneurs Rising. And we always loved that name, because it was about, as entrepreneurs, we want to rise the tide, to lift all boats so that we can all succeed. And we started as sharing our journeys, myself and my original co host, Peter, sharing our journeys of entrepreneurship over the 20 odd years that we’ve been in business.

When the show went solo, I continued with the name Entrepreneurs Rising. But over the last six to 12 months, I have been making a shift towards working specifically with men who are dads running their own business. And so the shift in name, the new name is called … (drum roll) … Dadpreneurs Rising. We’re keeping the name pretty simple to make the rebrand simple, but also it still fits. Because all we’re doing is saying, we still want to rise the tide. But we’re specifically saying, hey, we want to work with you, dads, because I see you, if you’re a dad listening to this, and you run your own business, I know what you’re going through. I am a dad too. And not every entrepreneur knows the challenges, that is to be a man who is in business, a man who needs to lead his family, a man who needs to show up for his wife, or long-term lover depending on your situation.

And so as you may or may not know, if you’ve been listening for a while, is I founded dadpreneur.com specifically to work with men like this. And it’s a community for fellow dads who run their own business who want to better balance those roles of being the entrepreneur, the father, the husband, and the man. And so this new name and new brand of Dadpreneurs Rising allows us to take the content into some very specific arenas for men, around business, around addictions, around fitness, around mindset, and of course, around relationships with the kids and relationships with your wife and spouse. And, as always, the content will not change. I’m a big, passionate believer of building wealth outside of your business as well as inside your business. And so we’ll continue to delve deep down that path of how you build wealth outside your business too.

So while it’s not a major shift in name, we’ve gone from entrepreneurs to dadpreneurs. And it’s not even a major shift in content, some of this content I’ve already been starting to bring to the podcast, it will dramatically shift our context for all future episodes.

So if you’re listening to this, and you’re not a man, or you’re not a dad, but you are an entrepreneur, you are still welcome to keep listening. I’m not saying stop listening. If you’re getting value from this podcast and you continue to get value, then please show up, listen to my episodes and the guests that we bring on to the show. Just know that moving forward, we’re going to be targeting the content far more to the challenges and lifestyle of entrepreneurial dads. So, strap in. I’m excited for this new shift of the podcast and the topics that we’re going to be able to delve into. So I look forward to seeing you on the next episode.

Like this episode? Have topics that you would like us to discuss?  We’d love to hear your feedback and comments. Let us know by leaving a comment below. 

Categories
Business Growth Entrepreneurship Personal Development

118: Give Your Curiosity Some Oxygen

In this episode, Carl Taylor poses an intriguing question which he saw posted by Paul Graham…  If you took a break from your regular work to pursue something just because it deeply interests you, what would that be?

Carl challenges us to ponder what topics we would passionately pursue if we could step away from day-to-day work.

Getting clear on these innate interests can be a revelation. Furthermore, acting on them can be extremely rewarding, sparking breakthroughs that may translate to business success.

What latent curiosity, if unpacked through focused exploration, could potentially unveil creative ways for you to serve people at the next level? Join us in this episode to learn more!

IN THIS EPISODE, YOU’LL DISCOVER…

  • Paul Graham’s article and the question he poses (01:01)
  • One thing Carl Taylor would do if he could take a break and focus on something else (01:51)
  • Carl’s fascination with human psychology (02:49)
  • How the Dadpreneur Program can help you bring the attraction back in your romantic relationship (04:33)

QUOTES

  • “So much of wealth creation is a mindset —  the stories we tell ourselves and getting over the stuff, the instinctual fears and things we have, as well as the relationship component.” – Carl Taylor

RESOURCES

How To Do Great Work by Paul Graham 

Red Means Go by Carl Taylor

Dadpreneur Program

WHERE YOU CAN FIND CARL TAYLOR
Automation Agency
CarlTaylor.com.au
LinkedIn
Facebook
Twitter

TRANSCRIPTION

If you had to take a break and focus on something else, what would you do?

Hey everyone, Carl Taylor here. I am the host of this podcast, Entrepreneurs Rising. Thanks for joining us. If you are a longtime listener, welcome back. If this is your first time tuning in, welcome, great to have you here. We are a mix of short little snippet episodes. And we have guests as well. So if you haven’t gone back to the back catalogue, there are over 100 amazing episodes with great guests and solo episodes from me talking about various things from building teams to systemising to creating wealth outside your business and inside your business. So go through the catalogues, you definitely want to do that.

But today, I want to talk about something that just popped up actually on my screen and made me pause, and I thought I should share this with you here on Entrepreneurs Rising.

So this is a question by Paul Graham, he has released an article talking about this question. It is called Great Work. Okay, so we’ll make sure the link to it is in the show notes. But you can find it paulgraham.com/greatwork.html.

Anyways, the question that he poses is this — If you are going to take a break from serious work, to work on something just because it was highly interesting, what would you do? Let me say that, again. If you’re going to take a break from serious work, so let’s think about that, as you know, if you’re going to take a break from what you’re currently doing, so that you could work on something just because it’s highly interesting to you, what would you do?

Well, I can share from my own life, there are a couple of things that pop up. One is I have always, for a long time been absolutely fascinated by history of religions, Christianity in particular, but not just Christianity. I find the various histories of customs and why we do things and the stories that have been told and how they’ve shifted and changed over the years. And I just find that absolutely fascinating. The life of these people that we believe to have lived, or we’ve and what evidence do we actually have that they lived. I find that absolutely fascinating and highly interesting. So I would happily spend time exploring that. And I actually just recently had a conversation with Liz, my partner about that. I was like, you know, I can imagine maybe down the line, you know, I just decided to go and do some studies and become, get a PhD or something just focused on the history of religions. And so that could be really interesting. And that’s a path. I will ponder from this question a bit further.

The other side is something that I’ve more recently started doing, like, I find and have found for me is the idea of why do we as people do what we do. Human psychology, and how does that work in terms of the now, but also one of the patterns because we are made up of stories and the way our brain works is linking of all these stories together. But we also have an innate part of us, that is instinct if you like. And I, in more recent years, if you’ve listened to some of the previous episodes, and know I’ve learned some of these concepts, like the concept of polarity, which is a more instinctual response between man and a woman or masculine feminine energies, in terms of what creates that attraction, that polarity. And this, you know, is a standard that kind of seems to, at least from my research so far and my awareness, and my own personal experience, seems to match across the broad spectrum of people and cultures. There’s still this element of polarity, gets created in the same ways. And so I see that as an instinctual level versus intellectual level pattern. So we’ve got these intellectual patterns, and then we’ve got these instinctual patterns. And I find it absolutely fascinating.

And so, in my youth, I was always looking at trying to understand how I tick so I could get better. And my first book Red Means Go was about that, like one of the patterns of highly successful people, here’s what you can do to just continue to achieve success. And then later in life, I was useless with women. So I went down the pickup path and I started to learn, you know, there was a lot of stuff like do this do that, which I don’t necessarily agree with. But there was a lot around the human psychology of understanding what creates attraction, what creates both men and women.

And that absolutely fascinated me back when I was a single man, and then in relationship, I now coach and work with many dads and I’ve found, for many dadpreneurs, but men in general, not just dads. Dads, it’s probably more pronounced because when kids come along, there’s a shift in the roles that the couples start to play, which can shift attraction dramatically. But the, if you’re a man and you’ve been in a relationship for a long period of time, these still, these shifts can sometimes still occur without kids. And what happens is how do you bring that attraction back, right? Like the same thing you had back in dating, how do you bring that back into your day to day relationship with your wife, your partner? So I find that absolutely fascinating.

And it’s all mixed together. So whether it’s business success, wealth creation success, you know, so much of wealth creation is a mindset and the stories we tell ourselves and getting over the stuff, the instinctual fears and things we have, as well as the relationship component. And this is what I’m exploring in the Dadpreneur Program. I’m getting to scratch that personal curiosity itch, and then sharing that with other people, my own experiences, my own resources and journey to help others just as I’ve been able to help myself, so that’s what I do.

Hope you found that interesting. I’m just sharing what I would do, my response to that question. But I asked you that question again. If you were going to take a break from serious work, to work on something that just because it was highly interesting, what would you do? What would you do? Ponder on that. Think on that. Even better, action that and if you want to, share it with me. Hit me up over on Facebook or reach out over at rising dot show. That’s where you can make contact with me and the team who run the podcast. Alright, until next time, keep up the journey.

Outro:

You’ve been listening to Entrepreneurs Rising. Thank you, dear listener for tuning in. I appreciate your time and look forward to connecting in future episodes if you would like show notes or any resources from today’s episode, you can find them at rising.show rising.show you can find the show notes for this episode and all other episodes as well as links to socials and or the ability to reach out and connect with me make your suggestions for future episodes. Until next time, keep up the journey.

Like this episode? Have topics that you would like us to discuss?  We’d love to hear your feedback and comments. Let us know by leaving a comment below. 

Categories
Business Growth Entrepreneurship Personal Development

117: Onboarding is Everything: Craft Your New Hires’ First 90 Days

Have you ever thought about the value of having an onboarding sequence for your new hires? In service-based businesses, entrepreneurs often carefully craft the experience for their new clients so they know precisely what they got themselves into and what to expect. Why then do we neglect to do the same for our new team members?

In this episode of Entrepreneurs Rising, Carl Taylor stresses the importance of having a structured onboarding process for new hires. This will significantly aid in providing clarity around what new team members are expected to achieve in their first weeks and months in the company. This prevents simply throwing them in without proper guidance and hoping for the best.

Join us to learn how building a team can change the game for you. When you systemize the early experience for your new hires, just like you do for your customers, you set your team up for consistency and quality that facilitate business growth. 

IN THIS EPISODE, YOU’LL DISCOVER…

  • Why building a team can get you the freedom your want (00:38)
  • Why you need to craft a new-hire onboarding sequence (01:26)
  • How to bring your new hires up to speed with the company (02:31)
  • Introducing them to the tools they need to get their job done (03:17)

QUOTES

  • “If you want to get any form of freedom in your business, you need to build a team.” – Carl Taylor

RESOURCES

Dadpreneur Program

WHERE YOU CAN FIND CARL TAYLOR
Automation Agency
CarlTaylor.com.au
LinkedIn
Facebook
Twitter

TRANSCRIPTION

Have you designed a new hire’s first 90 days experience?

Hey, I’m Carl Taylor, I’m your host here at Entrepreneurs Rising. And this is the show for you if you’ve been in business for a little while now, and you’re looking to get more freedom, more money, more wealth outside of the business. So you’re building a business that provides for you today, but also is building the wealth that will provide for you no matter what happens in business. And you want a rocking life with great relationships, and good just self awareness and health. That’s what this show is about.

And today, I want to talk about new highs. Because if you want to get any form of freedom in your business, you need to build a team. Now there are very many people out there like you don’t need a team, you can do it all with you and AI and maybe one VA, and that is true. There are various business models you can make that work. The type of businesses I’m talking about though, you will need to build a team if you want any form of freedom.

I have a team, around 60. I’m not saying you need that size of a team. But you will need a team around you if you want some freedom. And if you’re hiring people to do a done-for-you service, if you’re one of the trades business and agency, IT consulting, something like that, where people show up and do the work. It’s not just machinery and selling a digital product.

You’re going to need people and you’re probably hiring people on a regular basis, people leave and you need to replace them. And one of the key secrets to making that work is having a new hire onboarding process. Often in a service based business, we craft out what the experience will be for our clients when they first sign up.

What will that first 90 day experience for a client look like? What emails do they get? What do they need to do? What do we need to do? What do we first ask them for? What are the meetings, rhythms, all of that is crafted for the clients. But too many entrepreneurs don’t do that for their team. And so that’s what we’re talking about, you need to craft a new hire onboarding sequence for a specific role. So you might have a generic one that might be the first two weeks that every person who ever gets hired no matter what position goes through, and then you might have them branch off into specific curriculums and specific processes, depending on the role.

You know, for us, if you’re a graphic designer, you get a very different training experience to if you’re a WordPress developer, like they’re very different journeys, but the beginnings are the same. And then they kind of fork off into different parts. So you need to craft that. So what do you think about what goes into this? Well, firstly, getting them up to speed with the company. You know, what was, what is the vision and mission in this company? What does it stand for? What are the values? What are the core values of this company stands by. What will they be held? To? You know, just so they know what they’re a part of? Who do they need to know in the company? Who were the important people, the various people that maybe they’ve never met? Maybe they won’t interact with, but they need to be aware of them. Like this is the name of our CEO, and this is, you know, this is the HR. And then standard, important policies, like how do they put in leave requests? How much leave are they entitled to? You know, what are the standard practices around the holidays and closures? What are the kinds of things they’re going to need to know about the company?

Then you might start to bring them into what are some of the key tools. Helping them get set up on tools like Slack. Or if they’ve never used it before, Zoom. All these kinds of different tools, what do they need to become aware of if you’ve got a specific point of sale system that maybe they need a training on, and everyone needs to be aware of this. And then you got the more specialized training that might go down, maybe someone who’s a manager versus a retail rep will have different training that they go through about how to use that same software, but they all need to know how to set it up or what it is. So this is what you’re going to kind of create is the general gist of what do they need to know about the company? What do they need to know about the, you know, what you stand for? What do they need to know in terms of tools? What are the policies and standard things, then you want to get into more specific training. How to do something. Here are the SOPs you’ll need, here’s what to do. Maybe you’ll start to have a rhythm of them meeting with other team members and having reviews and, you know, when will their initial review be up? And what are the milestones that they’re going to be measured by because if you’re a new person who started in the company, you want to kind of get an idea of what am I expected to do?

If right now your training experience is like hey, welcome, this is so and so, they’re going to be your buddy, they’re going to show you the ropes, that’s not very formalized. And it’s going to result in you as the owner not getting the quality of staff you want because they won’t be trained to the level that will truly give you the consistency you need to really grow a business.

So I’m gonna leave it there really just talking about the mechanics of how to do that. I’ve got a whole in depth training that I have available in my Dadpreneur program. So if you’re a dad in business and you’d like access to that training, reach out to me, happy to chat about how the dadpreneur program works.

If you’re not a dad, and you’re like, I want that anyway. Well, it’s only available in the Dadpreneur program, but you can still reach out anyway. And maybe we can arrange a purchase. Outside of the dadpreneur program we can have that conversation. But really I just want to get you thinking about what that is. And there’s enough here, information I’ve just shared with you in the last five minutes that will help you get started in building something and you can really make a big difference to your business.

So go and build a new-hire onboarding sequence. It’ll really change the game when it comes to building out your team.

Outro:

You’ve been listening to Entrepreneurs Rising. Thank you, dear listener for tuning in. I appreciate your time and look forward to connecting in future episodes if you would like show notes or any resources from today’s episode, you can find them at rising.show rising.show you can find the show notes for this episode and all other episodes as well as links to socials and or the ability to reach out and connect with me make your suggestions for future episodes. Until next time, keep up the journey.

Like this episode? Have topics that you would like us to discuss?  We’d love to hear your feedback and comments. Let us know by leaving a comment below. 

Categories
Business Growth Entrepreneurship Personal Development

116: Stepping Back to Move from Manager to Leader

In this episode of Entrepreneurs Rising, host Carl Taylor discusses the key roles you must begin considering to fill in your business as it grows. He talks about the progression of key hires — bookkeepers, assistants, a marketing head, an operations head, a sales team, and ultimately, a CEO so you can fully extract yourself from company oversight. 

Building a synergistic team will allow you, as the business owner, to transition from merely managing day-to-day tasks to embracing your peak role as a top-tier leader. Hiring people will free up your time and allow you to focus on other equally important business and personal matters. 

So, what roles do you need to fill next to create more time and financial freedom? Join us in this episode to get valuable insights and tips!

IN THIS EPISODE, YOU’LL DISCOVER…

  • Why some people don’t want to build business teams (00:32)
  • The first step in shifting toward business leadership (01:26)
  • Who should your second hire be? (02:16)
  • How to move out of client delivery (03:26)
  • Hiring a head of marketing (04:19)
  • Hiring a head of operations and a sales team (04:51)
  • The final step: Hiring a CEO (05:47)

QUOTES

  • “Your role as best as possible, as quickly as possible, is to get to the point where you’re the leader, rather than the manager.” – Carl Taylor

WHERE YOU CAN FIND CARL TAYLOR
Automation Agency
CarlTaylor.com.au
LinkedIn
Facebook
Twitter

TRANSCRIPTION

There’s a lot of people out there who, don’t want to build their teams because they’re equate managing staff with pain.

Hello, and welcome to another episode of Entrepreneurs Rising. I am your host, Carl Taylor, and this is the show for you. If you’ve been an entrepreneur for a little while now, you’re not necessarily just starting up and you’re looking to get more freedom of time, create more financial freedom of wealth and money, and ultimately live a better life with rocking relationships and just rise the tide for you and for those around you through your entrepreneurial journey. 

Now, today’s episode, I want to talk about hiring of roles. Well, there’s a couple of schools of thought. There’s a lot of people out there who don’t, want to build their teams because they equate managing staff with pain. And I’ve done previous episodes talking about that, but I’ll just quickly touch on it. If you’ve not listened to that episode before, at the end of the day, pain comes from managing staff. When you are the one stuck managing them and you’re not aligned to be a good manager, you should be in the leadership phase. So your role as best as possible, as quickly as possible, I should say, is to get to the point where you’re the leader rather than the manager. And if you’re stuck right now in that managerial phase, this is some of the key roles that I’m going to be talking about in today’s episode that you probably need to put in place to make that shift out of there. 

So let’s start with the basics. If you’re self employed right now, maybe you’ve got zero team or a bit of a lean team. I want to make sure that you are hiring a bookkeeper. That is a role that you definitely want to fill. Even if you are great with numbers, I really recommend getting you off the tools of doing your own invoicing, reconciling your accounts. You need to get that to someone else. To fill the role of the bookkeeper, you can fill that with an agency. You can fill that with overseas team members. You can fill that with, local team members. But you definitely want to get rid of the bookkeeping role from your responsibilities as the entrepreneur as quickly as possible, as either one of your first hires. Or if you’ve already got a team but you’re still doing that, it should be the next thing you let go of immediately. So they’re kind of the basic essentials. 

The next one for you as a business owner is to bring on maybe some sort of a virtual assistant. Executive assistant. If you’re doing under $200,000 a year in revenue, probably not right for you to get an executive assistant. That’s just my personal opinion. I don’t have a specific rule about it. I just think that if you’re under $200,000 a year, you really need to just be focused on bringing in more income and not spending money on things that might make you feel good, feel important. Unless you are finding so much of your time is being sucked away in answering emails, managing your calendar and appointments, then that would probably be a good investment of time. But my experience is I didn’t need an executive assistant and truly get benefit from that until a lot later into my business career. So an, executive assistant or virtual assistant who can start doing some of the grunt work, research, those kinds of things is also a great early hire as long as you’ve got the revenue coming in. If you’re needing cash, then don’t waste your time trying to hire and train up a va. Just focus on cash building activities. All right. So they’re kind of the bare essentials that I think you really need to get. 

As if you’ve been listing for a long time, as you’d know. I then believe that one of the next things you need to be focused on is how do you get out of the delivery of what you do. Unless you are a high price consultant yourself, where you earn big bucks for you personally showing up, there’s a whole different model. We would look around, extracting you out of the business and leveraging your time better. But if you are, doing things like manual labour, if you’re a trade or an agency of some kind, then what you want to be looking at doing is how do you get other people to do the delivery component of what you do. Sometimes that requires a model shift. Oftentimes, though, it’s just a matter of letting go and start bringing in juniors who can start doing the junior work while you oversee the more senior work. And then eventually you train up those juniors into seniors so you can step away from the delivery completely. And that’s where you want to get to. But once you’ve got yourself out of delivery, that’s not where it ends. 

This is where the next part of the role you’re going to need to start thinking about is you’re going to need a head of marketing, someone whose role and responsibility is to be the head of marketing. They may not be the strategist, they may not be the ideas person you may need an outside consultant, or maybe you are the person who’s providing that direction, but you need someone who’s responsible for marketing. They’re looking at the analytics, they’re responsible for navigating and working with all the different team members, whether they’re outsourced or internal, to pull together graphic designs, emails, campaigns, all the different things you might be doing as part of marketing. 

One of the other roles you’re going to need is a head of operations. If you’ve got someone else or a team of people doing delivery, you’re going to need someone who’s in charge of general operations of day to day business. And you might find that your head of marketing actually reports to your head of operations at some point, or you might leave them on a tier that’s similar and then they ultimately report to the CEO. So you want the head of operations you’re going to need ahead of marketing. Depending on your business model with sales, you’re going to want inbound salespeople, these people who are doing inbound phone and email and maybe sell by chat. Again, it’s going to depend on your business model whether you need large sales teams or whether you’re keeping sales quite customer servicey and keeping it small and tight. Whether you’re going to really need ahead of sales. You might be able to get that to be under the head of marketing role potentially. There are pros and cons to that. I’m not advocating for that, I’m just talking out loud. Ultimately, the final stage if you really want to get out of the business completely is you’re going to need to hire a CEO. if you are currently the CEO, you’re going to need to put someone else in the role of CEO. And that’s not an easy decision. It’s not an easy step to make, it’s not a step that I personally have made. 

So I’m not going to pretend to say here’s how you do it. I know a number of people who have done it and most of them have then had to step back into the role within twelve month period. So it’s not an easy thing to do, but it is that final step. Now one way you can do that is you could sell the business and you install the new CEO by giving a new owner, that role. But if you’re wanting to hold onto the business, you’re going to go through the process of trying to either take someone internal and step them up. More likely going to be someone who is head of operations. You’re giving them the strategic level of CEO, or you’re going to bring someone external in to be the CEO so you can step out. 

So I just wanted to highlight some of those key roles that if you haven’t thought about filling, they’re the roles that I would be looking at. So no matter where you are in business, you definitely need to have a bookkeeper, you want to be looking at bringing in an executive or virtual assistant to take some of that admin, load off you. But only do that when you’ve got the cash flow to support it because it is not a cash flow producing role. They’re not going to put more money in your pocket, but they will free up your time as long as you use that time wisely to bring in more cash later in business, it doesn’t have to bring in more cash, it can just free up time. It can be an investment in giving you more time as you grow and we’ve got you out of delivery, we want to look at how do we get someone else to be responsible to marketing? You should already have various people doing things, but how do you get someone to sit over that and be the head of marketing? You’re going to need someone who’s going to become head of operations. Their job is to really run the company, the day to day operations of the company, so that you can report to that person and cheque in and they report back to you. So for me, my head of operations runs the whole show at automation NC and all I need to do is cheque in with her every two weeks, sometimes longer. But we just cheque in and see how things are going and she’s taking care of everything day to day from the delivery side, from the marketing side, all of those parts of it. So I’m going to leave it there in today’s episodes again, a short one, and get you thinking about the different roles that you need in your business moving forward.

Outro:

You’ve been listening to Entrepreneurs Rising. Thank you, dear listener for tuning in. I appreciate your time and look forward to connecting in future episodes if you would like show notes or any resources from today’s episode, you can find them at rising.show rising.show you can find the show notes for this episode and all other episodes as well as links to socials and or the ability to reach out and connect with me make your suggestions for future episodes. Until next time, keep up the journey.

Like this episode? Have topics that you would like us to discuss?  We’d love to hear your feedback and comments. Let us know by leaving a comment below. 

Categories
Business Growth Entrepreneurship Personal Development

115: Forging Resilience: My Lessons From James Kemp

In this week’s solo debrief episode of Entrepreneurs Rising, Carl Taylor shares his biggest takeaways from his conversation with James Kemp, a fierce proponent of the “sovereign consultant” business model and known for his skills in crafting compelling offers.

Carl reflects on James’ view on leveraging the three modalities — consulting, mentoring, and coaching — and why it’s a great idea to flexibly utilize these as skills, not just identities. 

He also goes back to their discussion about painful past relationship experiences, the value of clear and truthful communication, and the different paths they took that allowed them to become the astute, more resilient men they are today.

If you’re keen on living the life you’ve always wanted, this episode will help you get clear on the right direction to achieving your goals. 

IN THIS EPISODE, YOU’LL DISCOVER…

  • How Carl Taylor and James Kemp met (00:58)
  • James’ free template resource (01:34)
  • The three modalities: consulting, mentoring, and coaching (02:18)
  • Sovereign consultancy (05:42)
  • Relationship journeys and how these painful experiences forged Carl and James into the men they are today (06:35)
  • James’ three biggest pieces of advice (07:51)
  • How James shows up in his current rebuilding journey (10:30)

QUOTES

  • “You need to be building a business that serves your life. And to do that, you need to design your life first.” – Carl Taylor

RESOURCES

Entrepreneurs Rising Podcast Episode 114: The Path to Entrepreneurial Freedom with James Kemp

WHERE YOU CAN FIND CARL TAYLOR
Automation Agency
CarlTaylor.com.au
LinkedIn
Facebook
Twitter

TRANSCRIPTION

Hello, and welcome to Entrepreneurs Rising. I’m your host, Carl Taylor. And this is a solo episode. This is an episode of just me and you together on YouTube or podcasts and audio wherever you may be. And this is where I debrief, my biggest takeaways, my house highlights out of the conversation I had earlier this week with James Kemp. Now, I say this all the time. But I do encourage you to if you haven’t already to go and listen to that full interview, it’s going to take about an hour of your time. These are long, deep conversations. If you don’t have that time, or you’d rather just get the highlights, then this is the episode for you. And if you already did listen to it, and you just want a good summary and reminder of some of the bits that maybe you were like, Oh, that’s great. And then you’ve forgotten about. That’s what this episode is for. It’s to really just show you the things that stood out to me.

Now James is someone I’ve known for many years, we couldn’t put an exact figure on it. But it’s definitely in the high single figures, not quite the decade. And James is someone that I have a lot of respect for. He’s an intelligent man, he’s gone through a journey that is quite challenging for men, we have some similarities in our journey, we have many differences in our journey, too. But he’s a very smart man. He’s a very genuine man. And he knows what he’s talking about, especially when it comes to offers, and I’ve consulted with him to help me on my office. So I think it’s a real privilege to have the opportunity to chat with him.

Now, he has a great resource that you can find out the offer code.co, the offer code.co. It’s a free template of how he sells millions of dollars worth of consulting services to using just a Google Doc. So highly recommend it, it’s free. He mentioned on the podcast, he had a guy recently download it for free and make over $100,000. And so when he made that much money from just the free thing, he then obviously then signed up to work more closely with James. So whether you’re a consultant or coach, or an IT provider, and agency, if you’re wanting to understand how you could sell more position your offer? Well, I do recommend checking that out.

Now, some of my biggest ahas was when chatting with James was he had this great distinction around these three modalities. And even the fact that he talked about them as modalities rather than identity. So what do I mean? Well, typically, and this may be you, typically you’ll meet someone that we are, I’m a business coach, or I’m a mentor, or I’m a consultant, and they take that as an as an identity, my identity is I’m a consultant, my identity is I’m a mentor, my identity is I’m a coach. And what he was saying is that that kind of puts people, sticks people in a bucket that keeps them trapped. Because really, if you’re going to be a leader, and we talked a lot about leadership in both business and in life in the episode, if you’re going to be a leader, and especially think about if you’re a parent, and he reflected this back to parenting, that you actually you need to use all those skills. And you so you’re not, the identity is maybe you’re a leader or you know, in my dad program, we talked about being a king, right, and the king is the leader of the family, the king is the owner of the business, the king is the protector of the family and the kingdom rather than the risk taker.

And so this mentorship is a tool that you use. And so he broke it down like this, that mentoring is I’ll tell you how I would do it. And that’s how I genuinely genuinely show up most of the time for my dad program clients is I’ll tell you how I would handle this like, Okay, this is the problem, here’s how I’d approach that. Consulting is going well, I’ll tell you how I, you know how to solve it, like just go and do this thing. And so if someone comes to me, and I’ve got a product called Deep Dive where I come and spend two days in their business, often in the deep dive, I’m getting more into the consulting, but there it’s gonna just do this, do this, do this. This is how we fix it. It’s a bit consultative where I engage with them. But at the end of the day, they leave with a here’s what you need to now go away and do if we haven’t done it on those two days. And the coach is a true coach, not someone who just calls himself a true coach and coaching as a skill or modality is I’ll show you that you already know. So true coaches are about kind of helping you find the innate wisdom that you have inside and helping you uncover that asking you lots of questions to get you to your truth. Mentors, here’s how I would handle it. And a consultant is just go out and do this. And most people will put themselves in a bucket but he talked about them as their different skills or modalities that you need to just pull on it the right lever and so if you think of yourself as a leader, or a parent, there are times when you’re going to mentor your child or your your team.

There are times you’re going to consult I reflected it back when I’m working with a operations manager there are times when I’m just going to come in and say, here’s what I need you to do. Go away and do this. And there are other times Where the mentor is about removing roadblocks. So it’s like, oh, this is the challenge you’ve got right now. Well, let me tell you how I would, how I think about this or how I would probably tackle this problem. I’m not telling them what to do. I’m just telling them how I would tackle the problem. And then the coaching is going like, Okay, well, let me what have you thought about? What are your options? What, what do you think’s the best action here and coaching them into their own place? And so if you have a team and you’re leading a team, you’re going to do this just like you would with a child, when you’re parenting them at times, you’re going to be telling them here’s what to do,  times you’re going to be telling them, here’s what I’ve done. And other times, you’re just going to be asking them questions to coach them through the process. That was probably one of the most profound things that came out of his mouth.

Yes, we talked about offers and building. James’s secret is he helps people become sovereign consultants, how do you build a million dollar profitable business with a team that you are plus a team member? Like? How do you go super small, very different to my approach of like, you need to build a business that works without you, it’s going to you’re going to need a team, you’re gonna need tech. And generally, the team is going to be more than one, it’s doable, but you’re probably going to need more than one, if you’re truly going to step out of your business. He’s trying to take leverage and approach of productizing your business similar to what I would get you to do. But he’s productizing the business down to still being the deliverer, because you’re choosing to be that consultant, who then pulls on those modalities of mentorship, consulting and coaching. So I thought that was really powerful of if you’re stuck in an identity right now, you need to shift that identity out of I am a coach, I’m a consultant, I’m a mentor to I use these as skills to address the type of client I work with, with the problems that I help solve.

Another thing that we touched on, which is a little bit outside of business, but we started to talk about some of our relationship journeys, we had similar relationship journeys, where the women in our lives kind of just up and left. And yeah, it was painful journeys for us. And we had, again, we had different approaches to how we did that I stepped out of all my business stuff, and just focused on me and healing me. And he had kids at the time, I didn’t have kids. And so he lent into the fire and the challenge, and that’s forged him into the man that he’s become just like my stepping into myself, forged me into the man I became. But one of the things that came came out of that that I liked, was the idea of clear is kind of sometimes, especially if you’re a nice guy, like I’m a recovering nice guy, it can be easy to be a bit murky, because you’re actually a little afraid maybe to ask for what you actually want or what you need, and your work or to tell them someone that you know, you’re not happy. And so clear is kind doesn’t necessarily mean clear is when you tell someone with clarity, where you’re at or what you need, or what’s going on, doesn’t necessarily mean that’s going to be met with happiness, but it is kind it’s kind of yourself, it’s kind to them because you’re speaking your truth.

And at the end of the episode, I asked him, What are the three biggest things he wants people to hear and he had first, like, put your mask on first, we’ve all heard that analogy of when in a plane, you put your own mask on before you put on your child or someone next to you. Plus, like you’ve got to, you’ve got to look after your own needs. First, if you’re not putting your mask on, if you’re not looking after your needs that you you’re just kind of escaping in in life, and eventually it’s all going to come to a head and that was my experience, that was James’s experience with the relationship side of things. The second thing he said is that you are the product of the five people, you hang around, which is a overused or well used saying, but what I liked about his distinction there is if you’re surrounded by people who are creating a business and a life that you don’t want. That’s what to think about. So it’s not just like, oh, I need a product of the five people around me, it’s like you are the product of the five people around you. And is that meaning that it’s kind of forcing you or leading you into a business model or into a life model that you actually don’t want.

And you really need to think about it is that putting you around people that are making you go I should do these things that isn’t the life you want, turning you into something you don’t want to be to really take a review take stock of those five people you spend the most time with. Is it turning you into someone you don’t want to be?  And then the last thing he said was we are all sovereign, you can buy sovereignty you talked about you can choose your life, you can take control of your life. And the idea and I fully agree with this is the first thing you need to do is you need to be building a business that serves your life. And to do that you need to design your life first, get crystal clear clarity on what life you want to have. And then how do you build the business to deliver on that life for you.

For me, I want the freedom to be able to travel and to spend time with my family to focus on passion projects and things that interest me that may not necessarily be super profitable. And I do that by having the businesses and the investments provide the cash flow and in a way that don’t require high amounts of my time so that I can show up and live the life that I want to have. I can spend the money on the travel I can have the nice Toys and the fancy things and lives in the nice houses, but also have the time freedom to choose how I use my time, pretty well every day, wake up and go and what I want to do today. So that’s kind of how I think about designing a life, and then building a business that serves it. Couple of other things that I think are really useful, useful things to to know is it was a little Perla towards the end of the episode, we talked about how he shows up.

So James right now is on a journey of rebuilding. And his goal is to get to a $5 million consultancy business of just him in a VA, him and another team member who’s in the Philippines. $5 million, that’s gonna have a lot of profit margin in that one. It’s just him and a VA, right. And he’s been there before he had a business of that level and even higher. But the way he does that is he acts today, like he’s already achieved that goal, the decisions he makes, the way he shows up in the business is based on it already being a $5 million business. But he gave the distinction, it doesn’t necessarily mean that he isn’t going and taking first class flights or spending crazy amounts of money that he doesn’t actually have because he’s trying to act like he’s a $5 million business. No, it’s about more the standards of how he shows up the standards of what the business needs to be the standards he expects of his team member. Those are the things that he thinks about. And I think that’s a valuable lesson to any of us where you know, whatever stage you’re in, in business, is it comes down to whatever your goal of where you’re trying to get to, you know, for me, it’s it’s a big part of why the identity shift for a dad, if you want to move more into what I call the king energy in your business, where you go from being the operator of the business to be an owner, that identity shift alone changes the way you show up in the business, you make different decisions in the business you make. You think about the roles and the tasks every day, when you’re when you get sucked in to do something. Your mindset is like, Okay, this is me getting stuck in the day to day I’m not being the owner of the business. How do I make sure this never happens again, like all of those things start to shift. When you act like, no, I’m supposed to be the owner of the business, not the operator. I shouldn’t be doing this. So that’s some of the biggest takeaways from the episode.

I do encourage you to go and listen to that episode. But it was a great one. James is a really good dude. Again, I recommend the offer code.co Go and check that out. Until next time, keep up the journey. If you’re liking the show, and you’ve been listening for a while, be sure to subscribe, leave a review, share it with friends, let other people know, and I would love to hear from you. If you’ve been listening for a while, silently maybe you haven’t left a review. But you’ve got some good value and it’s had an impact in your business, reach out rising dot show is where you can do that. Or you can also find me personally at Carl taylor.com call with a C. So if you if you’ve got a story to share, I would love to hear from you because it helps me know that this content is helping other people. So rising tide show all the show notes everything you need. Keep up the journey. Keep listening to this podcast and always open to feedback and to hear from you. Till next time. See ya

Outro:

You’ve been listening to Entrepreneurs Rising. Thank you, dear listener for tuning in. I appreciate your time and look forward to connecting in future episodes if you would like show notes or any resources from today’s episode, you can find them at rising.show rising.show you can find the show notes for this episode and all other episodes as well as links to socials and or the ability to reach out and connect with me make your suggestions for future episodes. Until next time, keep up the journey.

Like this episode? Have topics that you would like us to discuss?  We’d love to hear your feedback and comments. Let us know by leaving a comment below. 

Categories
Business Growth Entrepreneurship Personal Development

114: The Path to Entrepreneurial Freedom with James Kemp

There’s a huge difference between being a solopreneur — a one-man business where you do everything yourself, versus having a leveraged one-man business — where leverage comes through strategies such as productizing services, repurposing content, or automation.

In this episode of Entrepreneurs Rising, Carl Taylor interviews James Kemp about building a highly leveraged consulting business as a “sovereign consultant.” James is known in the business world for being instrumental in helping entrepreneurs make $1 million in profit with the help of just one team member.

The “sovereign consultant” model involves productizing your skills and knowledge into an offer-driven business through creative yet productive ways, like templates and online courses. This lets you serve more clients with less time commitment from yourself. 

Carl and James discuss the value of designing your ideal life first, then building a business to support that lifestyle — not the other way around. They talk about how effective leadership involves flexing across different modalities, as well as sharing their insights about relationship challenges as catalysts for growth, the importance of boundaries and self-care, and mindset principles for achieving your goals.

IN THIS EPISODE, YOU’LL DISCOVER…

  • What is a sovereign consultant? (01:44)
  • Difference between having the skills of an owner and the skills of a creator (05:20)
  • The difference between being a one man business and being a one man business with leverage (07:33)
  • “Offers” defined (09:05)
  • How leverage works (13:48)
  • Productising a service when building a business that works without you versus sovereign consultancy (16:40)
  • How to clearly articulate the problem you can solve (24:31)
  • The difference between a coach, a mentor and a consultant — the three modalities, and the value of knowing when to wear each hat (26:22) 
  • Learned helplessness (30:21)
  • Being a true leader and the ownership of leadership (31:37)
  • Integrated versus extreme leadership (33:43)
  • Nice guy syndrome and anxious attachment style (34:55)
  • Sovereignty and living life on your terms (39:09)
  • Two equally effective and valid ways to deal with difficult life situations (49:26)
  • Insights on what to do when you find yourself questioning your own life (53:13)
  • James’ three biggest pieces of advice (54:14)

QUOTES

“You want to build a business that can work without you. You ultimately want to be the owner of your business, not the operator of your business.” – Carl Taylor

“If you’re going to succeed in business, you’ve got to have a really strong awareness of self.” – Carl Taylor

“An offer, by its nature, takes away some pain and solves a problem for someone on the other side of something. And the bigger the delta between the pain or the problem they’re experiencing, or the benefit they want, and the more efficiently your offer actually fulfils that, the easier that offer is to sell.” – James Kemp

“I think it’s time for people to really decide what life they want, and what they want their life to look like, and understand that you can design a business to feed that.” – James Kemp

“If you want to be sovereign on this Earth, then you need to act to the standards — that of the person you desire to be. And if you do that, then the person you desire to be will become inevitable.” – James Kemp

“BE times DO equals HAVE.” – Carl Taylor

Get In Touch With James Kemp

WHERE YOU CAN FIND CARL TAYLOR
Automation Agency
CarlTaylor.com.au
LinkedIn
Facebook
Twitter

TRANSCRIPTION

James Kemp  0:00  

It’s time for people to really decide what life they want and what they want their life to look like. And understand that you can design a business to feed that. Whatever your skill level, whatever your desire, whatever your earning capacity, whatever your goals are, there are so many options to make that work.

Carl Taylor  0:30  

Welcome to another episode of Entrepreneurs Rising. I’m your host, Carl Taylor. And today we are joined by another guest, James Kemp, and I’ve known James for 10, 10 years or close to somewhere around now.

James Kemp  0:44  

I don’t know, at high single digits. Yeah.

Carl Taylor  0:47  

I think we haven’t quite hit the decade, but very overcrowded. We’ve known each other, been in similar circles for a long time. And James, Also fun fact, for those of you who don’t know, I used to have another podcast, which you can still listen to called Future of Humanity podcast. And James was one of my guests on that show. So if you haven’t checked it out, you can go find that future of humanity. The reason James is on apart from being one of the smartest people I know, in the business space, like he’s just a different thinker and not afraid to put out his views on things, right, just go, here’s how I see it, here’s how things are. And, you know, I think the world we live in, there are a number of people who do that strong opinions without necessarily going through the fires to have the true conviction that they seem to think they have. Whereas you know, James has got the rungs on the board, been through the different journey to come to it. And the reason I think it’d be really interesting for us to start, is what James does is he’s really owned the space of helping people become a sovereign consultant, because that’s exactly what he has done. And what is a sovereign consultant? Well, he can probably tell you best in a moment. But my understanding is, it’s to help you get to a million dollars a year profit, as a consultant, coach, what it mentor, whatever you want to call yourself, with you, and just one team member. Now, if you’ve been listening to this show, for any period of time, you’ll know that in general, me, Carl Taylor, I spread the message of you want to build a business that can work without you, you ultimately want to be the owner of your business, not the operator of your business. And so what I think would be really refreshing, getting James on is, understanding that both can work and understanding that this is another path, that maybe if you go on, you know, Carl’s path isn’t the one I want to go on. I just want to keep the simplicity of me plus a team member and make bucket loads of money. James is the man to talk about it. So James, welcome. Thanks, man.

James Kemp  2:28  

Great to be here.

Carl Taylor  2:28  

So let’s start with why have you settled on sovereign consultant? Because I know some of your journey. The listeners may not Yeah, that’s not always been your business. You’ve had large teams, you’ve been involved in various different sized businesses. What’s brought you here to this sovereign consultant path? And vision?

James Kemp  2:48  

I guess? Yeah, I think the immediate thing is, in the last 12 months, I had to design a business that fed my life, I think we’re all in it for that, whether we choose the team path, or whether we choose the solo path, or everything in between, because there are there are some in between birds. But you know, in the last 12 months, had some significant life changes. So I used to be married, and I’m not anymore. And that entailed me being you know, with having two kids here with me full time. And it meant that I had to put some very serious constraints on where my time and energy when, in the previous season I was in, I didn’t have too many constraints, I was building a business, I was hiring people, you know, I worked the hours that God gave me. And, you know, I had the people that I needed. But in the process of that, I also created a lot of commitments and obligations, which I couldn’t fulfil on this season, you know, in terms of my time and energy. And those things, add 12 months ago, I set out to say, to re-embrace, kind of my roots in the beginning, which was you know, me in a room with a laptop, making stuff helping people make money. Because previous to that I ran a really large ecommerce online business that we grew to 120 million as I know, the online space, and my journey and consulting was, you know, back down and doing it myself and directly serving clients. And I’m back there, again, with a little bit more skills experience and a ton more leverage these days. So it’s very much for me, you know, an important season. So over the past 18 months, I come from 13 people to one. And that’s a pretty significant change in that. But I think the key theme that we both believe in is the boundaries and constraints of you know, when am I creating time and energy for my clients and the commitments of the business and your case, the team? And when am I creating time and energy for myself, my family, my loved ones in those things. So they’re both the path to constraints. I’ve just chosen the one that is pretty lean on me. You’ve hit the

Carl Taylor  4:36  

nail on the head, like listening to you talk, what your experience of big team was, is, yes, you had the team, but you didn’t have those constraints on where does my time and energy actually need to go? What are the key things that I have to do versus making sure everything else is just being taken care of by team, which is really my view. If you’re going to build a business that you own or not operate, it’s that you act as the owner and the owner is maybe it, you know, if you go to the full level of the investor level, you might attend a quarterly board meeting. And that’s as much as you’re doing if you’re at the investor level. So yeah, that’s really interesting. 

James Kemp  5:20  

It was a decision when the fork in the road was presented to me. Do I want to acquire the skills of an owner, the skills of an owner to delegate and higher and those kinds of things in your app level, those which is, there are constant levels of mastery, you know, towards mastery. Or do I want to refine my skills as a creator, you know, get back and down in the trenches, creating stuff for myself that works, that I can think of to other people? Yeah, I’ll always naturally default, that innate creator and me, because my happy place is sitting in this office, there’s probably a dog behind me, I’m creating something that works for me. And that I can use to grow or develop, and then I’m giving that to other people. So yeah, it was a conscious decision not to acquire the skills of an owner, which I’ll freely admit that I didn’t have, I had some of them, I’m not as good as you. And I’m not as good as many of our contemporaries, but it was to double down on the skills of a creator, because that’s, that’s my happy place.

Carl Taylor  6:04  

Absolutely. I love it. And that comes down to that self awareness, you know, is something, I think it’s important in life. But definitely, as an entrepreneur, you know, if you’re going to succeed in business, you’ve got to have a really strong awareness of self to know. You don’t have to, you can go off on these journeys, but then what will happen is similar to you, and some of our other friends, where all of a sudden, they get to a certain level of success in their business, and go, I hate this thing. This is not me, I need to blow this up, because they didn’t have the self awareness along the journey to go. Now. That’s not, that’s not my thing. So on that, I think

James Kemp  6:38  

You need to, I think you need to have experienced both paths as well to make an educated decision, because otherwise it’s a guess, right? So having built teams and having been solo, you know, the choice for me was pretty easy. And I find that, you know, when you talk to people, like 90% of people, you know, the path is clear for them. It’s just committing to that path, because there’s nothing wrong with either, and the people who can’t make the decision around, do I build a team? Or do I go out alone and focus on leverage and, and the things we have available to us now, then it’s usually because they don’t have enough experience in either or camp to actually make a conscious decision, and they need to try one and work it out.

Carl Taylor  7:17  

That’s so true. Well, then that probably is a good place to go is, alright. listener, you’ve gone, you know, what James is talking about? Sounds, maybe, me like or maybe right now, you’re in still in that kind of self employed mode, you haven’t gone down the path of building team. But you’ve heard him talk about leverage, because there is a difference between being a one man business where you’re doing everything yourself, and being a one man business with leverage. So let’s talk a bit about that. Because this is some lessons that someone who might be earlier in their journey could learn from and avoid some of the pain that I know I’d been through, I’m hallucinating that you’ve been through, when you say, leverage, give us some examples from your own business or some of your client business. What do you mean?

James Kemp  7:59  

Yeah, so I mean, at the trough, simplest form, I will get practical in a second. But you know, in the knowledge economy, we leverage an idea. You know, we leverage an idea to get us a result, we leverage an idea or a skill that we possess. So in my case, I chose the path of leveraging skills, and my skills, pretty adept at making offers and creating commercial results for people predominantly, because I’ve done it for 25 years of my life, where I was my path through sales with organisations like BMW, Xerox, Vodafone, and these guys, my path into entrepreneurship and my path and startups means that I’ve had 1000s and 1000s of offers come in front of me. So I’ve developed over a couple of decades, that six tenths of what is going to sell to, you know, a large group of people from b2c from consumer offers all the way up to enterprise stuff. I’ve personally sold everything in between. So for me leverage.

Carl Taylor  8:52  

Let’s just quickly define offers, to because you know, that word might make sense in our world. But you know, if you’re, you’re going to retail store or you know, you’re in Ecommerce, whatever you might not fully go, what does he mean by offers? So define what you refer to when you say an offer? What do you mean, what are you pointing to?

James Kemp  9:05  

So an offer is a group of ideas that’s wrapped around a product. So if you’re an e-commerce store, and you sell a blanket, you know, the offer is that this Blanc is going to make you real, very warm, and the benefits and associated pieces around it. So it’s positioning a product in front of an audience that have an opportunity to buy it nice, you know, and there’s various mechanisms of offers in terms of price and benefits and bonuses and things that lots of levers to pull almost infinite ones. And again, in a knowledge economy where we can, you know, especially when we’re selling information or services, we can pull all that stuff out the toolbox to make an offer really great to make a product super attractive. So for me offers is like the centrepiece of everything because even though I’m known as a marketer, my true skill as an offer making because I want an offer different business and offer different businesses for the simplest thing for years, I sold a book, you know, and the book was $5 and it was really good. It was 100 The 30 pages of how to build and become a sovereign consultant. And the next natural thing was for someone to buy a $500 training on how to become a sovereign consultant. And the next natural thing was to buy a $5,000 program where I worked with them to become a sovereign consultant. And the next natural thing was to buy $50,000 licensing and partnership pack with me, where they use some of my material to become a sovereign consultant. And the great thing with intellectual property is it’s fractal like we can break it down into tiny, tiny little bits, you know, a book, a course, a program and delivery. So the piece for me was always about leverage of the skills and making offers, creating offers for myself and helping other people do it. Yeah. Because the caveat there is, you need skills. You know, and I’m at a point in my life, where the people who come to me are generally a similar age to me, right. And they’re, they’ve built skills up through corporate work, through hustle, through entrepreneurship, through whatever path it is. And so I’ve just got really good at packaging those skills and helping them make money from those skills in various different ways.  

Carl Taylor  11:08  

Yeah, I love that. And that clarity of the offer is not the product or service. Like I like how you said, if you sell a blanket, because the offer is not the blanket the offer is basically how you the wrapping around how you present that blanket to someone for them to actually purchase

James Kemp  11:22  

Or automation agency doesn’t sell people pushing buttons for their clients, the offers that will save you time and headache and pain of pushing those buttons yourself. So an offer by its nature takes away some pain and solves a problem for someone on the other side of something. And the bigger the delta between the pain or the problem they’re experiencing or the benefit they wanted, the more efficiently your offer actually fulfils on that, the easier that offer is to sell.  

Carl Taylor  11:45  

I love that. That’s a super useful thing. And I do know that you have a training around offers. So if that’s someone’s interested in learning more about offers, is there a place they can go or an email, they can reach out to be like, Hey, how do I get access to this training? Or is it only to your exclusive clients, how’s that work?

James Kemp  11:56  

I’ll actually give you a free template on how to create an offer. And someone told me that yesterday a brand new client had come on board, I downloaded a template made 100 grand with a free template that I downloaded on Instagram, which was pretty mind blowing for me. I’ve had people buy cheap trainings and make low ticket trainings and make amazing returns. But I’ve never had someone get something free and turn it into 100 grand. So if you go to the offer code dot c says a lot about the quality. It’s a template to fill in the blanks. Yeah, so offer code dot c offer code.co. If you go there, you can get a free template and understand some of the, you know, the mystery that I’m talking about. 

Carl Taylor  12:28  

All right, well, we’ll make sure that link is in the show notes as well. So if you missed it, don’t worry about going back and try to find it, you’ll find it in the show notes at writing dot show. So that’s a great resource, though. And I’m also going to put my hand up and say that I want a training from James about the offer code training. And it got me enough to be like, hey, I need to do some more work with James and I upgraded to, I can’t remember what the things called. But I upgraded into the next thing. Because I was like, this is good. This is useful. And I need some extra help. I’m speaking from experience that if this is hitting for you that you’re like this sounds like something I want to know James sounds like someone I want to know, I can also endorse that personally, not just because he’s my friend, but I’ve done commercial work with him.

James Kemp  13:07  

I’ll send you the check later my affiliate commissions here and there. 

Carl Taylor  13:10  

Alright, so offers are super important. But we’re talking about leverage. So offers, a one component of leverage. And you talked about this example is in the knowledge economy ofyou sold a book? And then you’ve maybe got a course? And then maybe there’s a more handheld approach? And then you got your licensing to someone who maybe that’s not there? Well, they’re not from our world of info marketing. Right? Yeah. Where is the leverage in that? Like, to me, it’s quite obvious where the leverage is, that is, but let’s break it down. Super simplistic. And how does the leverage work, is it’s effectively just the same content, but different levels of support? Or how do you define that leverage in that? Yeah,

James Kemp  13:48  

I mean, there’s multiple routes to leverage by kind of, and if we go back to the contrast example of your path and my path, for example, the leverage for me is that I have, as it stands, 81 people in a community, and those people have access to all my trainings, and knowledge, etc. And everything I produce that works for me, I give to them, the clients in that community for them to use for themselves. And on a Tuesday morning, and a Thursday evening, I get on Zoom for between an hour, an hour and a half, and help them apply that. Right. And in the old model, if you had 81 clients that you were heading to serve every day, and you say had a you know, a consulting practice with a door and a window and a desk behind it. And the 81 clients had to come in and out of your office all week. There wouldn’t be many hours left in the week to actually live. Right. But you know, on average between 20 and 50 people come to one of my calls every week, and I help them in real time. And of course you’re in mentorship and Masterminds like I am, you know, learning through others is also a form of leverage. Yes, observing and seeing in real time what others are doing is a form of leverage because you can abstract that, well, if it works for Carl, it might work for me when someone gets a result. So that’s just a tiny example of, you know, leverage. And another example of the leverage is the template that I’ve just talked about, you know, it’s an offer that made over $800,000 in sales, that was an offer that I developed and worked and created $800,000 worth of sales, then I use the templates to attract more people to me to say, I can sell with a basic Google Doc and you know, about 1000 words, something that’s really high price. So then I use the template from the results that I’ve got from making $800,000 in sales, to attract more people. So. and make those averages and make more sales, and the cycle continues. So leverage is, you know, really frightening once you start to tune yourself to see those things, you realise that some of the smallest things that people sit on for years, you know, I’ve met consultants who had, there was this amazing workshop I delivered 10 years ago, and it was so exciting. And it’s like, have you recorded it? Have you turned it into, you know, an online program, have you taken the templates, and the cheat sheet server etc. And, you know, leverage doesn’t need to necessarily mean that you have to sell it. But leverage with technology it also means like process, etc. If you’ve got a team, you can take a template and train them on it, right? So leverages this understanding that nowadays with the digitization of things, we can create multiple variants, multiple copies, multiple modalities of things, whether it’s recorded, or video or text or these things, to turn one idea or one piece of information into multiple things. Yeah, and the better you are at that, the more money you can make, and the more people you can reach, and the more people you can help with, with the least and point of view. 

Carl Taylor  16:40 

And there’s a few things that come from your sharing that. Firstly, I want to point out from my model of how I look at building a business that works without you, one of the first things you need to do is, you need to productize your service, right. And you’ve effectively done that James in your model, the key difference right now in the sovereign consultant approach is what I’m picking up is you still productized this the delivery of the service, that you’re choosing to be the person who’s continuing to fulfil whereas if you’re an agency or consultant who wants to fully get out of the day to day, you productize the service and then you also extract you out of the delivery of that product or service completely to

James Kemp  17:17  

Follow your own setting that other layer of reverence, which is another exactly right. In some of

Carl Taylor  17:21  

the examples just to make sure this lands for people, as you’re talking some examples of how I’ve done leveraged to like, in my dad printer program, our clients get access to pretty well all the SOPs that we’ve got an automation to job descriptions, our client the other day, he’s like, I’m needing to improve our marketing person, do you have a job description for a job, it was like, yeah, let me just pull out our head of head of marketing job description here, you go here with the KPIs everything, this is what you need, to rework it to suit your needs. But this is what you need to go. And it’s like that’s a piece of leverage from something I already have. And you have to use and our entire onboarding. And I’ve recorded the video of how we onboard new staff members in automation and see which again, becomes a, I’ve done that I did that, probably eight years ago that that training was effectively creative internally. And then now it’s something that can be delivered to other people. And then even in the info marketing space, anyone who’s followed me for a long period of time, so if you’re listening to this, and you’ve been around my world from, you know, 20 odd years ago, I used to do this training product called inbox domination, teaching people how to get to Inbox Zero, I did that training, I don’t know 2011, maybe, maybe sold it for a little bit. And then I stopped selling it took it down from the website, I uploaded it to Udemy. It’s a product on Udemy. And every year, I make a lot of money, but maybe 20 3050 bucks, 100 bucks a year, from a training that I’d created, stop selling. And then also my business for $1 program, I used to teach people how to buy a business, I took that product that used to be sold for 1000s of dollars. And I put it up on Udemy. And it’s just out there and every year I make money, that’s another form of leverage. It’s something you might have, that I’m no longer actively pursuing selling that but it doesn’t mean it doesn’t represent value that I can’t put it out there for someone to get value from. And I can earn some passive income from it. So those were a few things that popped as you were sharing that might be helpful for your listener. If you’re going, how does this apply to me in my world? Yeah, yeah,

James Kemp  19:13  

I think the story of my first kind of route into leverage is kind of interesting, because we built a Groupon clone in New Zealand called grab one, and grab one grew to 120 million before it exited to a media company. And I was marketing director at the time. In the course of optimising an E commerce site that had 1.1 million users and about 50 to 60,000 daily transactions. I got pretty good at working out how to sell stuff on the internet, what cart pages look good, and you know what checkout flow looks good and what an abandoned cart emails you needed to send and what was copy and positioning that helped people actually sell thing at a product level. And so when I left their business when I went out consulting, I could give that to large organisations and charge three to five grand a day to go and do it but I was kind of just got myself a well paid job again, you know where I’d certain people’s offices help their teams and stuff that I’ve done in the previous years and go forward. And I met a young guy called Sam Owens in New Zealand. And he was like, you know, you’re kind of the rising star. And you know, we’re the second largest ecommerce business in New Zealand, I had a brand, I had a reputation. He’s like, why don’t you do an online program. And so I took all the things that I had developed, you know, inside grab one, I took all the things I developed inside other corporates and ecommerce businesses and packaged them up in a Google Drive folder. And I sold access to that for firstly, two and a half $1,000, then four and a half and later, just shut shy seven grand about 6800. And that was a Google Drive folder. And it was really ugly. And I still got screenshots of it. And it just had all these templates and all these things that I knew worked. And I went to ecommerce people and said, I’ve got stuff that works, do you want it? And I put them in a free Facebook group, and I got on a call with them every week to help them customise it. This is the, in the early days before people were on Shopify, and everything was one click and optimization it was you had to work hard and Magento. And all these things. Oh, yeah, that was the form of like, that was the leverage trail that I followed a lot. And 13 months later, I’d say one and a half million dollars worth of that product, that program, from templates, from knowledge and experience that I’ve had. And the best thing about it was that I could focus on helping people implement and the more people used my stuff, the better my stuff became. Because I could see, it wasn’t just my examples I was using and the sites and big ecommerce stores, it was no small clothing brands. And they’d be like, That’s interesting, because

Carl Taylor  21:31  

You’re getting the leverage of testing, you’re getting other people testing your idea in the real world. Exactly.

James Kemp  21:36  

That’s the power of it. Right? You know, so the development of like, setting your IP free and setting your ideas free, that doesn’t come back to you and just money where, you know, and the perception of the info space is often right, like, what can I sell to make money, and I don’t care how good it is. But when your stuffs good, and you put it out there, it will always come back if it’s given to good people or use it. So leverage has this wonderful flywheel effect when Good ideas are spread. And because good people use them and take them and run with them. And when you’re inside that, and action, you actually, you put your ideas out there, and you get more ideas to put out there. And the positive cycle continues.

Carl Taylor  22:14  

And present what I originally set out and imagine I would have in the dead printer program, when I outlined what kind of trainings would exist, I had a pretty clear idea, and many of them got created. But then along the journey, like the idea of like, Oh, you have these job descriptions that didn’t hadn’t even occurred to me that hey, having a library of here’s a whole bunch of roles in a company that if you’re trying to build, you know more of a leadership team in your business, like I’ve got, swipe and deploy ready, like I didn’t even occur to me. But once you’re in the real world, putting your ideas out there, people tell you what they need, and you just go, oh, yeah, I’ve got that. Or I can create that and see it work.

James Kemp  22:45  

Yeah, I love that. Yeah. And I’m not sure the whole profile of your audience. But it was interesting to me, my current girlfriend’s friend was over the other day, and she comes from a consulting consulting background. And about 18 months ago, she was, you know, had the travel bug, and she wanted to go and travel overseas. And she started selling Excel, essentially, Excel macros and templates, on Gumroad. And some of those, you know, $10, $15 here, and in 18 months, she’s funded, you know, herself around the world where she doesn’t have to work for a corporate anymore. And those things from skills and things that our corporate job gave her, you know, skills that she had developed and those things by selling things in Excel. So I think a lot of people devalue their knowledge. And a lot of people devalue the skills. Because if you can solve a problem where you give someone a currency back, you know, time or, or relationships, or money, or anything like that, and you can show them a shorter path to doing the things that they want, and you’ve got a tool to do that, then you can create leverage around that tool by making an offer. 

Carl Taylor  23:42  

I’m curious how you tackle the problem that I know I’ve faced, and I’ve seen others face in this. Because you, you hit the nail on the head, like if you can solve a problem. I think for many people, myself included, like you know, you know, a bunch of stuff, you know, you’re really good at some things. But you may not be able to articulate this is the problem that it actually solves for other people, which is really the key mechanism to make an offer work, you’ve got to be able to clearly articulate this is the problem I saw. And I can’t remember the exact scientific term for it. But you know, the more you know about something, the less you actually value your knowledge. Right, the less you know about it, the more you’re like, this is the best thing. I’m the smartest person in the world. And the more you know, the more you’re like, Yeah, I don’t know everything. And this is just kind of what I do. How have you tackled that? Or how do you help your clients tackle that when it’s like, I don’t actually know that I can solve problems, even though they, can they?

James Kemp  24:31  

We mine the past, right? And often, often the problem, the most powerful, potent problem is one that you’ve solved for yourself. Right? Some of the, you know, I don’t work with a ton of people and like fitness and those spaces, but often when you go right to root, to the origin story, their path into that was like losing weight getting fit, you know, doing it for themselves and like working it out along the way. Yeah. And I find over and over again, like the current avatar, if you like the current person that people want to sell to is often a previous version of themselves. So I just help people go back and acknowledge the past and mind the partners. And it’s difficult for some people to acknowledge they’ve done great work, right? That they actually delivered value on some because they had this concept that they were going to deliver value in this way. But someone got the value that they didn’t perceive, you know, you help someone lose weight, but it wasn’t they said, it was to look good in the mirror, but it was actually to feel good about themselves. So they didn’t people have this complex, they say, Well, I helped this person did that. But you know, they didn’t really value the result, they got another result. Yeah. And when you actually honour the fact that you help someone do something, often yourself, you know, either solve a problem, or in the case of mentorship, you know, especially with with more experienced people, remove a roadblock, you know, because that’s my distinction between, you know, consulting and mentorship. Mentorship is much more about peeling, helping someone peel back the layers to get to the root value that they know they have already. And you’re removing barriers by helping them model how you do that. Whereas consulting is very much you’ve got a problem, and I’ll tell you how to solve it. You know, the commitment that people make to those things is, that’s a useful distinction for some people and a confusing one for others. But you know, really, it’s about going to the past, and mining that and understanding how you’re best positioned to help somebody.

Carl Taylor  26:22  

And so with your definition, their mentor mentorship is, you know, that peeling back of layers, removing a roadblock, consulting is I’ll tell you how to solve it. Where does Coach fit into that model? Is that just another word for mentorship? Or do you have a different definition of how you define the difference between a coach, a mentor and a consultant? Yeah,

James Kemp  26:30  

I’d use a really simple definition, consulting is like, I’ll tell you what to do. Coaching is, I’ll show you that you already know how to do it, which is essentially integration. Yep. And mentorship is like, I’ll tell you how I would do it. Yeah. Right. So I predominantly spend most of my time in a mentorship mode, where my answers to things with people is like, this is how I’ve done it, this is how I do it. And, or this is how I’d approach or think about that. So I very much embody the mentorship mode, because I’m opening the positive loop of the more I improve myself, the more results I achieved for myself, the more success that I cover, and cultivate for myself, the more success that those people around me, I’d actually cultivate, and I love that. So I see myself as the older model. So I make things for me, I create for me, I solve problems for me. And then I embodied the solutions to that and share them with other people. So I’m very good at each modality. Right. And so I can wear different hats at different times. And you know, you’ve been to some of you know, the group calls, etc. Often I’ll ask permission, if someone’s not getting the thing that they need and the timeframe, they think they need it. I just asked them, which is like, can I consult you on this right now? Yeah, and I’ll just tell them what to do. Right, because sometimes you just need to go route one with that. Yeah. And I think I’ve never bought into the internet thing, which is like, I’m a business coach, or I’m a I’m adverse or on a that these things are not very useful identities, they are for a bit, but over the long term, they’re not really useful to embody as identities, but they’re very, very useful to embody as modalities and skills. Because if you’re a great consultant, and a great coach and a great mentor, then you’re the most useful to the largest amount of people.

Carl Taylor  28:13  

I resonate strongly with that. And I like that, like, the idea of identifying.

James Kemp  28:18  

Dealt with your team, right? You know, you have to play those roles internally, and you play those roles. 

Carl Taylor  28:22  

There are times with the team that I’m going, here’s how you need to solve it. Other times that I’m so I’m putting four and CEO directive, like this is what you need to do and just get it done. Other times, it’s like coaching them that you know, and I still remember early days of trying to train many people, they train helplessness in their staff, staff member reaches out to them with a question and they go into consult mode, and they just tell them the answer, which then teaches the team member that it’s faster and easier to come and ask you a question than to actually go and do the work to figure it out or put on spend a moment to think about it. And so then the CEO or the business owner gets really annoying, because it’s like my staff are bombarding me all the time. It’s like, it’s your fault. You train them that it’s easy to come to you. And so what you got to do there to untrained helplessness is sometimes you just got to ignore them, too. They have to figure it out on their own. You know, my team? No, I did that to them. And other times, you got to move into coach mode. Yeah, right coach mode, which is like, Well, okay, what have you thought about even though in your head, you’re like, This is exactly what I would do to fix it. You gotta pause and you gotta go. Okay, so what are you thinking? What’s your approach? What are you going to do? You got to stop yourself from telling them what to do, because you’ve got to help them learn. And then absolutely, like now when I’m working with my operations manager on those obstacles, when she comes to me with here’s the problem 99% of the time, it’s mentorship, it’s like, here’s how I’d tackle it, but it kind of going like it’s your core, what do you want to do? Only occasionally would it be like, consult, this is what I need you to do this. So I hadn’t thought about it in that way. But what I love in particular, the reframing of going, whether you’re a mentor or a coach or consultant, it’s not about an identity of who you are. It’s a modality that you engage in. That’s powerful for those that are hearing that and can truly hear that message that’s a powerful shift that could unlock a lot for you, if you’ve previously identified as a consultant or a coach or whatever. 

James Kemp  30:21  

Yeah, I found it very freeing for people who are having, have injected learned helplessness into their client base. Because they are stuck in that telling mode. And essentially, they’ve injected learned helplessness and their client or customer base, and often their team. And they feel like they’re in the middle of everything. Because they’ve put themselves in the middle of everything. And when they can wear the different hats and different modalities and evolve to a mentor, they’re comfortable with not giving people the answer all the time. And they’re also comfortable with the frustration that that does, you know, initially bring other people, in my experience, parents have a much easier job with us. Because parents, after a little while, understand that you can tell your kids anything. Yeah. But they only listened to a fraction of it. But when you show them and demonstrate and let and allow them to model from you, then they’re learning, you know, takes off in terms of that. So parenting is the ultimate kind of test of whether you’re a good mentor or not, can you be a good model or quote unquote, role model for the people around you. Because if you evolved from just telling everybody what to do all the time, you’ll always be the person who tells people want to do, but if you show and demonstrate and do those things for yourself, which is a pretty natural human thing, then you’ll find that people will model you and both the positive and the negative piece itself and find utility and modelling as well.

Carl Taylor  31:37  

Yeah, I love that. And I love how you’ve been able to bring that back to parenting, to, because it all comes down to being a leader, in my view, right? Like a true leader will bring about whatever skills they need, a true leader. Some people think a leader is a dictator, who’s telling everyone what to do. And there are times in place that that is true. But that’s not sometimes, you know, sometimes the leaders job is to stand back and just guide put a bit of boundaries here and there mentor support, but actually get out of the way like it is truly I’d never really thought about it truly is kind of a mix of these, these three modalities as you say that a true leader will sit in, and leader not only he’s doing that for other people around them, their family, you know, as a man, I believe that our role, if you want to step into the identity, I talked about becoming the king, you know, you’re the owner of your business, rather than the operator, you’re the leader of your family, rather than, you know, the passive passenger, you’re the protector, rather than the risk taker, you’ve got to lead your family, you got to lead your business. But to do all of those other things, you have to be leading yourself, yes, 100%.

James Kemp  32:27  

And owning it. So I always say there’s another step beyond leadership. And that’s ownership of leadership, right? Because a lot of people have our leaders but deny it, right, because they have shame about leadership, because they’re unconfident and their boundaries. They’re not confident when they are in the different modes of doing it. And they have shame around it, because that maybe the models that they had before them, often their parents and these things, you know, were reluctant leaders as well, especially males, often have a bit of trouble owning the leadership piece to say, you are a leader, you are a leader, whether you like it or not, because people are seeking leadership from you. And but without ownership of that, then you’re a very, very weak leader.

Carl Taylor  33:11  

Let’s talk about men for a moment with that, do you find that that’s true of their view of themselves as a leader in business or more as a leader in areas outside of business, like at the home and other areas? I’m curious your experience, when you point to that

James Kemp  33:24  

I’m not a believer in the way you do one thing as the way you do everything, because I’ve seen enough contradiction and edge cases and around that to make it not a heuristic that I buy. 

Carl Taylor  33:35  

And yeah, it’s a nice saying, and people can connect with it. But it’s not, it’s not the whole pitch. I agree with you there.

James Kemp  33:43  

I found that people are just, tend to be quite extreme. So I found that people will be like, the nice guy at home, but the dictator at work, or vice versa. So I found that people are either integrated, where they have similar behaviours across the board where their leadership is consistent, and across places, they’re good at setting boundaries, they’re an open communicator, etc. They tell people what they need, clearly and concisely. And, you know, they use the clear as kind of mantra rather than that’s nice. So they’re integrated, or they’re at one extreme, where they’re a dictator in the business and a nice guy at home or, or vice versa.

Carl Taylor  34:18  

That was my experience. It was my journey. There isn’t much I haven’t seen

James Kemp  34:21  

many other examples apart from the integrated or the

Carl Taylor  34:22  

So that’s kind of why I asked because that was the first thing I thought about is like, my experience with men that I’ve spoken to is typically the entrepreneurial man has no problem stepping into being the leader of their business to be like, yep, it’s my business. I call the shots boom, boom, boom, boom, you get it home. They are suffering from, you know, nice guy syndrome, right like it for those I think I mentioned on previous episodes, you know, more Mr. Nice guys by Donald Glover or Robert Glover, or whatever his name is. Robert, I think it’s Robert. I think it’s Robert Clark. He does a really good way of describing what that nice guy syndrome ultimately is. I think that most people suffer from nice guy syndrome. I haven’t thoroughly tested this, but we did a recent episode about attachment theory, I believe they probably more, lean to the anxious attachment style. Because that’s true of me. But I was that guy like I was no problem being the leader strong in business. And yet in the home, I would shrink away, I just wanted to be the nice guy wouldn’t necessarily say what I truly wanted. I felt like it was not okay. Because society that I grew up in, and my parents in particular, I had this worldview that it was not safe, it was not okay, as a man to be like that. In a relationship, it took a lot of peeling back and work on my part. And also my partner lives as part for us to work through that dynamic. And I wouldn’t say I’m cured, I would always say I’m a recovering nice guy. But it’s again, going to that, you know, in a previous episode we talked about your mess is often your message or you’re talking to your previous version of yourself. I recently got the distinction that my avatar, my ideal client for the dead printer program is a nice guy, dead printer, that they fall into that space.

James Kemp  36:01  

Yeah, it’s very, very common. I think, especially. And many people have had only this, the beginning of awakening of that, usually at the end of a relationship, they’ve come through a relationship that they’ve entered a new one. And they understand that if they continue the models that they had before, then they’re going to be looking for another relationship

Carl Taylor  36:21  

Starting all over again. Yeah, I can relate to that.

James Kemp  36:26  

It often needs an awakening, you know, and I’ve had a couple, but often needs an awakening and a proper kick, for people to actually seek and admit those facts that then behaving and consistently across different domains.

Carl Taylor  36:39  

It’s funny, you say that I’ve just been thinking about my dad, our clients, and they’re either divorced or cut, like, they’ve probably had that big kick somewhere in their journey. I never put that together. That’s really interesting. 

James Kemp  36:53  

Really interesting. Yeah, cuz it’s, it’s funny for me, like, you know, I, at the end of the day, sell time compression to my clients, you know, and the people I work with, it’s like, Listen, I’ll help you avoid the pitfalls, and potholes and all the things that I’ve experienced along the journey and compress time. And I always say, like, my best clients are going to be successful without me. Yeah, I just give them a shorter route and do it with a bit more ease at the end of the day. But for me, it’s like, nothing matches experience, until you’re in it. And until you’ve done it, or you’ve suffered in it, then I don’t think anyone can ever fully embody it. You know, and I will admit, I occasionally let clients do things that I know, won’t be great for them, but won’t be catastrophic. To prove to them, that it might not be the thing they want to do, and to have a real experience of it. Rather than just say, Don’t do that. It won’t work how you think it will or won’t work how you want it to, it’s, again, it’s

Carl Taylor  37:52  

Kind of goes back to his parenting thing. We you can’t if you try to save your child.

James Kemp  37:56  

You can tell them not to touch the hot element, because it’s, I know it’s pretty unread. But it will burn you. But one day, they’re going to touch the hot element. And they’ll believe you that it’s hot when you’re not there. And then No, no. And it’s the same with you know, we don’t outgrow any of that. 

Carl Taylor  38:11  

We’re just big kids wrapped in older outsides. But the insides. We’re still just honestly, Harry, we’re just Yeah, yeah, for sure. And we’re lying to ourselves, trying to convince ourselves that we’re not still those innocent little children that are perhaps throwing a tantrum because life’s not going the way their parents not giving them whatever they thought they wanted, or whatever is happening. So I think we’ve gone in some really interesting places. And I yeah, there’s so much popping from this. I want to remind people that if you’re lacking some of this stuff, the first point of leverage that I think makes sense, if you like the idea of a sovereign consultant, and I’ll be honest, even if you don’t want to be a sovereign consultant, because I had a realisation, I don’t want to be a sovereign consultant. Yeah, the offer code that James offers is still going to be relevant to you no matter where you’re at in business, so it could be still worthwhile checking out the offer code.co member that’ll be in the show notes. So you can check that out. Where else would you like to take this conversation? James, I don’t normally ask this. But I’m curious, like, you’ve got a broad range of places, where do you think would be a nice place to go from here?

James Kemp  39:09  

Ah, I think the word sovereignty is gonna be pretty interesting and pretty relevant. I mean, it has been for me, and I think it’s for an increasing number of people. You know, I live in here, in Bali. I live a pretty international life. I’ve got a company set up overseas. I’m a citizen of more than a couple of countries. You know, I’ve got four driver’s licences in my wallet here. And I think as people are, I don’t want to say waking up because I think it implies some grand conspiracy is, you know, someone puppet masters and listen to pulling the strings behind it. I wish I don’t necessarily believe but I think people are understanding that they can build a kingdom here on earth and lives life on their terms. And I think it’s also important to acknowledge that doesn’t need to look like anybody else’s. You know, I have a ton of people who come to me and are like, I just want to model your life. I’ve had a, people work with me and move to Bali with their family and work online and do you know, and go to the same gyms as me and stuff like that, and I’m like, kind of produced many, many clones, you know, kind of thing. But also, I’ve worked with a ton of people who stayed in the family home that dad passed down to them, you know, 30 years ago. And they operated with more leverage, and they were in a happy place, because they’re spending more time with their family, and they could do, you know, their hobbies and those things. And I think it’s time for people to really decide what life they want, and what they want their life to look like. And understand that you can design a business to feed that, because entrepreneurship got really flippin cool about a decade ago, right, everybody wanted to be an entrepreneur and a scraper and the word has been, the semantics are kind of almost ridiculous. But that’s not, a lot have spoken about why people get into business, not a lot have spoken about what a business can do for your life. Because lots of people, especially males, sacrifice a lot in the course of building a business and sacrifice their life in the process. And so I’m a huge believer that if you design your life first, then there’s so many options, whatever your skill level, whatever your desire, whatever your earning capacity, whatever your goals are, there are so many options to make that work. Right. You know, and I found, like working with clients over a decade, that if we start with their life, and then design the business and build the business around that, we get significantly better results. And if we build the business and try and fit their life around, not significantly better results just for their business, but significantly better results for their business, and their life and the people that they care about. So I’m a big proponent, you know, we’re here for a reason. We’re here to build businesses and make money and all these great things, but they enable a life. And anyone can choose what their version of sovereignty is. And I think they’re talking about the two different paths with you know, solopreneur ship and teams and these things we were party to a conversation while I was in the conversation about someone who’s building a business just like mine with 36 people and I’m building one virtual assistant and and both it wasn’t that one was better or worse than the other. But both of them are good for our lives and good for the things that mattered to us. So we made both of them work in that context. Absolutely.

Carl Taylor  42:20  

I think about that, that example of automation agency wouldn’t fully work well, in my head wouldn’t fully work if I was the one doing the work yet. I also know graphic designers who will follow a similar model to automation entities offering unlimited design service, and they are the designer. Right? Now I hallucinate that they probably don’t have good constraints around ensuring that their weeks aren’t just gobbled up. But if they took a leaf out of your book, and they took that same approach and offered it more exclusively, and they set days that maybe they were available, it wasn’t available every day, there’s no reason someone couldn’t take a similar model to automate NC be the person doing the fulfilment, and still have a lot more freedom and time getting away from the 5060 hour weeks that sadly, way too many entrepreneurs seem to get stuck in like I just, you know, I was there a long time ago in my IT business, but it sucks that they will get there and they get stuck. And especially if you’ve got a family, you know, you as you said, you’re kind of sacrificing the life. And I know that many men, they hide in their work, they hide in their business, because the other form of us Yeah, it’s an addiction, it’s an escapism, because if you know, they’d rather be in the chaos and the leadership that feels good in their business, then go and deal with the mess that’s going on back home, either with their kids or their wife or all the above, you got to face into that because otherwise you’re just escaping and you’re gonna get to, I believe you’re gonna get to your deathbed and go Oh, that wasn’t the life I wanted. I love this whole design your life first.

James Kemp  43:48  

100 percent. I’ve had a client recently that achieved some spectacular results and then unravelled, right? He went from 16 sales calls a week, which was taking up, you know, approximately 16 hours a week to none, because my methodology doesn’t use any sales calls, who’s selling via sending a document as the people will find when they download that template? And also from nine one to one clients to seven group clients. Yeah, right. So rather than serve his clients on nine hours, of course a week and more because he had, you know, open communication and other process of finding over 25 hours a week back with knowing impact on his income, its effective hourly rate, you know, is 10 times what it was, he found that he was there all the time with him. And he found that he had all this time and he found the old wherever I go there I am thing and it went through a period of huge struggle because he was using the work to avoid the things that he was avoiding. And there were issues in his life that he knew that the work distracted him from etc. And it put them back into the fire so it created chaos and another, the area of his life because it was an injury. Yes. Right. And people know this. And I make the distinction between knowledge and knowing, you know, knowledge is like, I’ve got it all up here. But knowing is like, yeah, I don’t if I don’t do something about my health soon, it’s gonna be really bad. If I don’t have a conversation with my wife soon, then this is going, you know where it goes. So it has changed, even for the better has consequences if things are in people’s lives that are unaddressed.

Carl Taylor  45:32  

You know, just a quick story from my own life. When automations he first got to the point where it didn’t need me anymore. I was at a certain level of income, we had financial freedom. So I first realised I had financial freedom outside of automation and see automation. And he didn’t really need a lot of me, it wasn’t it actually needed more of me than now, to be honest, but it didn’t need a lot of me. It left me sitting at home a lot, realising that I wasn’t fully happy in my relationship and thinking about all these other things going on. And I know that that relationship came to an end. Not totally because of that, but it put me in a space where I had to start dealing with me, I then was still avoiding things in that relationship, that eventually it was forced to ahead. And that thing is what cracked me open. Funnily enough, though, because it cracked me open. Some people listening might know this story. I couldn’t cope. It was a huge emotional trigger. For me, I’ve all of a sudden all my wounds of being abandoned as a child, here it was this woman abandoning me, I know, potentially you can relate to some of this dude, I can. And all of a sudden, I just I was like, I can’t deal team I’m disappearing for a bit don’t know how long for I’m just I went to Thailand, I’m going to Thailand, a good friend there, I’m going to my coach happened to be there at the time as well, like I’m going to Thailand. I don’t know how long I’m going to be there for. I wasn’t in Thailand for that long. But then I went on a road trip with my dad, like I just disappeared from the business, no slack, no calls, nothing. Eight months, eight months disappear from the business. So a big fact that I can now run automations on four hours a month is because of the gift of that stepping away for eight months, it’s like if I can stay away for eight months? Well, I definitely don’t need to be that involved. As much as I was trying to be involved before that happened. Because it was an escapism. And I was able to think I was able to start dealing with some of the crap was going on. And secondly, I think for many men, not just men, any business owner who’s often stuck in the day to day who’s got a bit of a team, the biggest thing that I usually have to give someone whether they’re paying me or not, is permission to step the fuck out of the day to day like to just give it up and go get over your own ego and actually give it up. That’s often what’s needed.

James Kemp  47:30  

Yeah, fully. Yeah, I was in a very similar situation where, you know, someone left my scenarios with the children more with me. And the responsibility of that, thankfully, my biggest desire was to lean into it, which was actually a surprise for me. Right? It was actually a surprise for me is like, I love being a dad, and I want to be here on them with me and those things. So I wanted to curl up in a ball. I wanted to, you know, pretend hope the world would just pass me by, and then I’d wake up and everything will be fine. But I had to go back into the fire. You know, I had to go through, like, unravel the past, you know, and the stories and all the things and the idealism of family and what I thought I was going to have in a family until the day I died, and go through it. Luckily, that’s my nature. Whereas I am relatively aggressive personality, and fighting, and getting a bit angry, and getting those things as in, you know, as I’ve got older there and more wires, they’re an easy energy transfer to me in terms of into motion and action. So I’m good at turning those things into turning anxiety into an anger and those things into motion and action. So I had to go through. So luckily, that was my default state, Well, luckily, but also, the responsibilities I had around me when I had to get going, it was an easy step for me. And that’s not that’s not easy for everyone, some people just need to stop, take stock, take the time, like you did recalibrate and then you know, build back on the journey that they want to be on themselves. And

Carl Taylor  49:26  

You know, from a personal point of view, dude, like seeing your journey, like I knew a little bit of what was going on, when it was going a little bit as it was going on. Like you’ve given me a little bit I didn’t know all the ins and outs and I’ve learned more since. But it shows in the shift of the James that I see and how you show up in business in life. The messaging the stuff you talk about, like you going back into the fire forged you into the man you are today, which is that stronger leader, King energy that is so needed in this world. So you know, I think, as with all these things, strategy of which business strategy, you go the solopreneur route and trying to get lots of leverage, like you’ve done or you go down my route of you build a big, doesn’t have to be that big, but you build a business that doesn’t rely on you so that you just truly own the money and you do other things if you want to. It’s the same, same outcome, different paths. And the same thing if you’re listening and you’re currently going through a challenge over relationship breakdown, empathy for you, it’s not great. And you’ve got two paths you can do, you can do my path where I just couldn’t deal, I need to run away, but in a way it was, I was running away from the stuff that I was distracting myself with. And I was ran towards exactly that I was gonna get to like, I ran towards myself, like you move. 

James Kemp  50:18  

Yeah, movement is required. Right,

Carl Taylor  50:22  

I ran away. But I ran, I ran into me. And that’s, sometimes that’s what you need to do. And then similarly for you, you ran into the fire, which forged meant you had to face all the same kind of things that I was working through over those eight months, you had to face it just in a different energy in a different space. Whereas I was like, I’m out. I’m just working on me.

James Kemp  50:43  

Yeah, yeah. And they’re both equally valid paths, and someone’s there at the end. Exactly. And it’s you. So it’s the responsibility of the individual to make sure that’s the most, you know, the most innate real version of you attend,

Carl Taylor  50:54  

if my experience and some of my friends, experience happens to you. So if you’re listening, and you’re currently going through or just been through this divorce, or long term relationship, breakdown, whatever it may be, you might get to a point where you feel like you’re really good, you’re like, I’m solid, I know who I am. And then you get into a new relationship, it’s kind of, highlight some of those things that maybe you thought you’d sorted out, that you haven’t sorted out. And that’s the beautiful thing of a relationship, in my opinion, in business, you’ve got to deal with so much stuff, your own stuff, and in relationship, I believe you can get to a certain level of solidarity, I don’t always I’m looking for solidity in yourself, by yourself. But until you then get into the world of relating, and the triggers, and the traumas and the childhood stuff that will start to come up in that you don’t really is my experience speaking from my own experiences? And so I’m projecting a little bit here, but it’s a worthwhile thing is what I will say. And if you’re in that journey, good, best of luck to you.

James Kemp  51:48  

Yeah, I think, to the people who are about to be on that journey, but no, no, they are. When, you know, I remember 18 months ago, you know, lying there on a Saturday and making great money and my hour, I was laying on my lounger next to my pool and Bali, and their kids playing around. And you know, there were things that weren’t easy. And me, I couldn’t put my finger on what was off. And I kind of had a suspicion that I didn’t admit, you know, and I was staring at the sky going is this that. And I talked about knowing, and I knew, but I didn’t want it to be true. And I made a lot of people are in that stage of they know that if they’re questioning, like, I’ve got all the things I wanted, I’ve got doing all the things I said I was gonna do, I’ve got this, I’ve got the money, I’ve got the thing, we’ve got the family, but it’s off, or something’s off, you know, and it’s only no one’s coming to save you from that only you can lean into it richer.

Carl Taylor  52:52  

So true. It’s getting very spiritual now, but it’s like the answer is in you, right? Like, that’s the only thing and peeling back the layers and understanding at all and how you choose to show up? I’m just thinking of Yeah,

James Kemp  53:13  

I think the same sentiments do come up in business as well. Yeah. People know that, you know, they’re in the wrong vehicle, maybe drove them to the destination they want but they’re on the wrong vehicle. You know, and I work with a lot of people who are in that stage of like, golden handcuffs. I’m making a million bucks a year. But I feel like I’m a prisoner in my own, you know, world because I’m singing and dancing on the internet telling everyone everything’s great. But actually, I hate what I do underneath. And I hate the people are in it. And I hate, I don’t want to burn it down. And eventually they do so but there are much more constructive ways to honour the skills and the experience of built up unnecessarily burning it down and, and transitioning to new vehicles these days, it’s never been easier. 

Carl Taylor  53:52  

100%. Absolutely agree to that. So if you are sitting there going, I hate my business, you got multiple routes out of that, you can sell the business, you can transition to something else you can remove yourself like I have from automation, and see, like, there are lots of parts of automation that I didn’t enjoy doing, hence why I got out of doing those things. So there are so many parts. And that’s just a couple of them, I think wouldn’t be really cool James if we to wrap things up. If you were to distil your three biggest obviously, you’ve gone through a lot of growth in the last 18 odd months right? or longer if you were to distil the three biggest pieces of advice or ways of thinking. To sum everything up for someone listening, no matter where they’re at, in their journey. What would you come down to as the three big things you want people to hear and take away. 

James Kemp  54:44  

The first is always put your own mask on first. You know, you’re everybody’s a leader to some degree and everybody signed up for something whether that’s in a relationship with children or business or anything or just the self, your primary way to grow is to put your own mask on first and give yourself and listen to your own needs. If you’re ignoring those right now, you will fail on whatever you’re going to do and it’s just a matter of time. Secondly, you are the cliche if you are the product of the five people you spend the most time with has never been more true in a world that wants you to be lots of things you don’t necessarily want to be. So you know choosing your environment carefully and choosing the people that are around you very, very carefully, is absolutely crucial. And choosing your allies and your enemies carefully, is essential as well. The world wants you to be something, other people want you to be something. And if that’s not aligned with who you want to be, then you need to cut them out. Thirdly, as we are all suffering, we can choose the life, you may think you don’t have any choices whatsoever. But you know, we are all sovereign and we will get to choose what our life looks like. It might not be available to you next week, or next month or next year, it might be a decade away, you know, to have the ultimate life that you imagined that you can do. But we’re all sovereign and we’ve got to build it, we’ve got to take responsibility for it and advocate for ourselves about what it what we want. And if you do that, you will get there and it will be inevitable. You know, I’m on the path back to running a multimillion dollar consultancy business, you know, I’ve set a goal to have $5 million profit and a consulting business. Every day, I get up and I act like I’m running a $5 million consultancy, I set the standards of that, I live like that, I make decisions like that I invest like that. And I pursue that. And then I know that if I do that it will become because I’ve been there before. I know that if I act as if my goals have been achieved, not and that doesn’t mean you know, I’m going to fly first class, you know, when the credit cards, you know, at its maximum limit and spending like one, but I’m acting and taking the standards and embodying. And if you want to be sovereign on this earth, then you need to act to the standards, that of the person you desire to be. And if you do that, then the person you desire to be will become inevitably

Carl Taylor  56:29  

That old chestnut of the personal development world b times DU equals have when you be the then do, and then you’ll have and you can reverse it. I want to have these things, people who have that need to do this. To do those things. I need to be this. So yeah, I love that. That’s really great wisdom, some amazing pearls there and really appreciate you know, opening up across various areas on this episode. And it’s always a pleasure to chat, man. Apart from the offer code.co Is there anywhere else you would recommend people best find you learn more about sovereign consultant or just you in general? Yeah,

James Kemp  57:06  

If you follow me on Facebook or find me on Facebook, then you get to hear me talk about my hatred for both goals and my disdain for atomic habits. 

Carl Taylor  57:15  

A lot of it yet I will test James’s posts on Facebook, or one of the few that I actually enjoy reading, sometimes I don’t love them. But most of the time I do. Yeah, there’s you know, there’s only a handful of people, I would say that that’s true. I’ve enjoying reading their posts on Facebook. So recommend that. Thank you, dude, thank you so much for being on the show. And dear listener, if you’ve been enjoying this episode, as well as checking out James’s stuff, you can also like, follow, leave a recommendation on this podcast and you know what would be even more helpful to the world. And it will help me too, is if while listening to this episode, someone came to mind could have been a friend, could have been a team member, could have been a relative, someone came to mind that you’re like, hi, they should hear this. The best gift that you could give them and me is to grab the link wherever the share link is on the tool. You’re listening to this if you’re on YouTube watching this great and share it with just go hey, I was watching this, listen to this and you came to mind you should check this out a couple of things one is going to help them because there’s some content here that you clearly thought was relevant to them. And it’s going to expose someone new to this podcast and I deeply appreciate that because it helps spread the message and help. I know James is gonna appreciate that people hearing his episode as well. So if that happened to you, please share this episode with that one person that came to mind. It’ll be a great gift that you give them and me at the same time. As always, if you haven’t left a review, and you’ve been listening for a long time, appreciate those reviews on your favourite podcast platform of choice. Until next time, keep up the journey you’ll find all the show notes, everything you need at rising dot show rising dot show. Till next time you’ve been listening to Entrepreneurs Rising. Thank you, dear listener, for tuning in. I appreciate your time and look forward to connecting in future episodes if you would like show notes or any resources from today’s episode, you can find them at rising dot show. Rising duck show you can find a show notes for this episode and all other episodes as well as links to socials and the ability to reach out and connect with me, make your suggestions for future episodes. Until next time, keep up the journey.

Like this episode? Have topics that you would like us to discuss?  We’d love to hear your feedback and comments. Let us know by leaving a comment below. 

Categories
Business Growth Entrepreneurship Personal Development

113: Revolutionize Your Operations with SOPs That Rock, Not Suck

Entrepreneurs often find themselves in a perpetual juggling act, trying to balance growth, sustainability, and their own sanity. However, there’s a game-changer at their disposal, one that can transform business operations – it’s Standard Operating Procedures (SOPs).  But not just any SOPs – SOPs that rock, not suck.

In today’s episode, we talk about SOPs and why having procedures that don’t suck is the key to unlocking the full potential of your business. 

SOPs are not just about creating a rulebook for your team to follow blindly, it’s about creating a symphony of efficiency, a choreography of productivity, and a masterpiece of consistency.

SOPs that suck are more of a hindrance than a help. They lead to confusion, mistakes, and frustration. 

But SOPs that rock, on the other hand, lead to streamlined operations, empowered teams, and ultimately, a thriving business. It’s time to revolutionise your operations with SOPs that rock, not suck. 

IN THIS EPISODE, YOU’LL DISCOVER…

  • Breaking free from owner dependency – the power of SOPs (00:33)
  • The ultimate guide to crafting SOPs that don’t suck (2:07)
  • Involving your team in creating your SOPs – the game-changer for your business (05:05)

QUOTES

  • “If you want to create SOPs that don’t suck, you need to make them usable.” -Carl Taylor
  • “People own what they help create.” -Carl Taylor
  • “If you’ve got people in a role, one of the best things you can do is get them to create the SOP so that they take ownership and accountability.” -Carl Taylor

WHERE YOU CAN FIND CARL TAYLOR
Automation Agency
CarlTaylor.com.au
LinkedIn
Facebook
Twitter

TRANSCRIPTION

Let’s talk about SOPs that don’t suck. 

Welcome to Entrepreneurs Rising. I’m your host, Carl Taylor. If this is your first time tuning in, welcome. Glad to have you. Hopefully, if you like this episode, have a listen to a few others, and if you really like them, hit subscribe and continue to get notified every time we drop a new episode. If you’re a time listener,  welcome back. Great to have you. And if you’re tuning in on YouTube as well as podcasting platforms, great for you to be able to see me. I can’t see you, but you can see me now. 

Today I want to talk about SOPs. If you’re not familiar with the term SOP, it stands for standard operating procedure. If you want to build a business that doesn’t rely on you as the owner for the rest of your life, SOPs are what you need.  Basically you need to document how you do things or how you want things done. And that’s an important distinction. There are two different ways you can do an SOP. You can do an SOP based on what we currently do, here’s how I do it. Or you can create an SOP of here’s how I want it to be done, which may not match how I currently do things. We can talk a little bit.

About that in a moment.

But SOPs are really crucial. They’re not the only thing some people think, oh, just building SOPs and systems is what’s going to build a business that works without me. That’s not true. We have a human element called people team. Very important aspect, because they’re usually going to be the people who do follow your systems and SOPs. And this is a crucial thing, because if you want to create SOPs that don’t suck, you need to make them usable. I have met countless people, and I’ve done it in my own business journey as well. Where in my it business, for example, we had these big fat manuals, physical printed manuals that we created, which was like all the SOPs. But here’s the problem. It was in this big manual. The team members very rarely went and picked it up off the shelf and opened it, even though they were encouraged to do so. And often the content was out of date. So physical printed manuals probably aren’t going to be the right thing, unless maybe you’re in manufacturing or you’re in a place like that. That makes sense.  they’re not on a computer.

They don’t have a device or a screen.

So SOPs that don’t suck. The first rule is it needs to be accessible and it needs to be right where the team member needs to use it. If you have people where they have to go and search for it, you’re already creating SOP. That sucks. You want to have it right where they are. If they’re in the browser, you want to use a tool like guru, which is a web app which has a browser extension. And that means that if they’re in Google or wherever it is, they can click this guru and it can either automatically expose the SOPs and knowledge base that they need, or they can do a quick search, never leaving the tab, never leaving the browser right then and there. If you’ve got custom software, you want to build helpers and elements inside your software, which give them the SOP instructions inside the app, making it really clear so they don’t have to go and watch a video or go somewhere else. The second thing that you want to make sure is you want to ensure that you’re speaking for two different types of people, because you’re going to have two types of people who typically go through an SOP.  you’re going to have people who are, um, brand newbies. They’re doing this process for the first time. And so those people need a lot of detail. They need handholding, they need videos, they need to know where to find this and how to do that thing that they’ve never done before. So they need a lot of detail. The second type of person who’s going to be using this SOP, and you do want them to use the SOP, are the people who have done this a million times. Because here’s what happens. If people get lazy and if they’ve done it a million times and there’s too much detail in the SOP, it’s easier to not use the SOP and just go from memory. But if they’re going from memory, I guarantee you they’re probably missing steps. Or if you’ve made changes to the SOP, they’re still doing it the old way and haven’t seen the new way of how it needs to be done. And so you want to create these more checklist, overview style,  SOPs for those people, the people who have done it a million times, where really it’s just making sure they haven’t missed anything important and that they’re aware of anything that may have changed. And if they’re like, oh, I don’t know how to do that thing that’s new, or I’ve forgotten, they can click through. They can get into the detail that the newbies need to figure out how to do that thing or to remind themselves of all the details if they’ve had brain fog or just forgotten. So you want to have these two levels in your SOP. The high level overview checklists as well as the detail nitty gritty. 

Here’s how to do things. So you need to make sure they’re in the right place, surfaced, not somewhere they have to go searching for, but they’re in the place at the time they need it. If you have physical bricks and mortar store, a simple SOP can be a sign up right in front of them where they are, which reminds them of something or tells them how to do something, right. It doesn’t always have to be this digital, complex thing. 

The second thing you need to do is you need to have these two different levels, the two different ways that you’re communicating. 

And then the third thing is, if you want to make SOPs that don’t suck, is you need to make it easy for you to create and for your team to create. Because SOPs that don’t suck ultimately need to be created, ideally by the people who do these processes over and over. In the beginning, a business owner often creates, here’s how I want it done. And they wonder why they can’t get their team on board. Because the teamwork involved in the creation process. One of the best things I ever got from a great book called The Great Game of Business is people own what they help create. They’re accountable, and they take ownership of the things they help create. And so if you’ve got people in a role, one of the best things you can do is get them to create the SOP so that they take ownership and accountability over improving and having that SOP, rather than you as the owner going, here’s how I want things done. 

Now, that said, the quickest way for you as an owner to get things off your plate is to take a video. But I can tell you, watching a video is one of the worst ways for your team to learn how to do something, unless they visually need to see it as an example, but it shouldn’t be the only way that they follow an SOP. So you create the video, but you need someone or something to take that video and turn it into the,  high level overview and the step by step details and screenshots. So this is just, again, a quick one about SOPs. It’s a really important thing you need in your business, but you do not want to create SOPs that suck because otherwise you’re just wasting effort. You’re going to create a big manual that no one ever uses and you’re going to get frustrated with your team because you’re like, it’s in the documents, why aren’t you using it? Of course they’re not using. It’s not easy to use. It sucks. It’s confusing, it’s overwhelming, and it’s easier for them to just do it without it. And then you get frustrated because they make mistakes, because the SOP sucked. Don’t make SOPs that suck. Follow these rules. If you need to listen to this episode again, or if you’d like some help, you can always reach out to me and talk about some consulting or joining the Dadpreneur programme. So until next time, keep up the journey.

Outro:

You’ve been listening to Entrepreneurs Rising. Thank you, dear listener for tuning in. I appreciate your time and look forward to connecting in future episodes if you would like show notes or any resources from today’s episode, you can find them at rising.show rising.show you can find the show notes for this episode and all other episodes as well as links to socials and or the ability to reach out and connect with me make your suggestions for future episodes. Until next time, keep up the journey.

Like this episode? Have topics that you would like us to discuss?  We’d love to hear your feedback and comments. Let us know by leaving a comment below.