The Power Of Scripting And Planning Small Business Confidential podcast

#Entrepreneur #Business #Mike Reilly

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Small Business Confidential »
The Power Of Scripting And Planning

14 days ago 27:55

MP3•Episode home

Brook and Mike discuss the power of scripting and planning for quick Airbnb turnarounds and for selling properties.
2:00 Mike introduces the idea of scripting your day and how vital it is for managing real estate and small business operations effectively.
3:00 Brook breaks down how she handles violation lists—deciding what can be done in-house, what needs to be outsourced, and the importance of being proactive before a house closes.
6:15 Mike reflects on the harsh realities of running a small business—juggling subs, maintenance issues, and why passion alone isn’t enough for success.
10:30 Brook explains how organizing work around the weather and staying in close communication with subs can save time, money, and stress.
21:15 Mike shares the three business fundamentals every small business owner should master: sales, creative marketing, and financial literacy.

36 episodes

Small Business Confidential

The Power Of Scripting And Planning

Small Business Confidential

published 14 days ago

MP3•Episode home

36 episodes

#Entrepreneur #Business #Mike Reilly

All episodes

Small Business Confidential

1
The Power Of Scripting And Planning 27:55

14 days ago27:55

27:55

Brook and Mike discuss the power of scripting and planning for quick Airbnb turnarounds and for selling properties. 2:00 Mike introduces the idea of scripting your day and how vital it is for managing real estate and small business operations effectively. 3:00 Brook breaks down how she handles violation lists—deciding what can be done in-house, what needs to be outsourced, and the importance of being proactive before a house closes. 6:15 Mike reflects on the harsh realities of running a small business—juggling subs, maintenance issues, and why passion alone isn’t enough for success. 10:30 Brook explains how organizing work around the weather and staying in close communication with subs can save time, money, and stress. 21:15 Mike shares the three business fundamentals every small business owner should master: sales, creative marketing, and financial literacy.…

Small Business Confidential

1
The Action Is The Juice 42:57

5 weeks ago42:57

42:57

More of a general meeting between A'marri and Brook as they discuss the week, work they have, working with software developers, how to solve problems creatively, qualities needed to manage and lead and much more. 2:00 Mike and Brook discuss their love for the movie Heat and its deeper life lessons beyond crime. 4:20 Mike compares being an entrepreneur to a lifestyle rather than just a career choice. 5:00 Brook explains how "the action is the juice" applies to business—it's the process, not just the payoff. 6:45 Mike discusses the struggles of running a business, making payroll, and financial pressures. 6:30 Mike highlights the importance of financial planning and using spreadsheets to stay afloat.…

Small Business Confidential

1
Water cooler talk; management, goal setting, hills and valleys of work, and Scott Galloway. 22:00

9 weeks ago22:00

22:00

In this episode of Small Business Confidential, A'marri and Brook have a laid-back chat about their week at work, covering time management, goal setting, and getting things done. Brook talks about balancing work with having a newborn and how routines help him stay productive. They also discuss the ups and downs of work life and share insights from Scott Galloway about focusing on mastering your skills instead of just following your passion. 2:10 Brook shares his experience balancing work and family life with a newborn at home, emphasizing the importance of maximizing time and being strict with schedules, even amidst daily chaos and unexpected events. 4:55 A'marri and Brook discuss goal-setting, highlighting how daunting tasks feel more achievable once you start taking actionable steps, similar to breaking down complex projects into manageable pieces. 6:55 Brook talks about his cold plunge routine, explaining how small morning habits like cold plunges or making the bed can set a productive tone for the day, helping overcome sluggish starts and boosting motivation. 18:00 Brook references insights from Scott Galloway, challenging the "follow your passion" advice, and instead promoting the idea of mastering a skill you're good at to build a successful and sustainable career.…

Small Business Confidential

1
Why Do Artists Starve 25:20

10 weeks ago25:20

25:20

Mike and Brook get into the details of why young people, or people who are fixated with their passion, they've got a vision, they're going to be an artist, but they don't have anything back office. They don't have any concept of money or paying their bills, or just overly focused on that vision in front of them. 01:10 Mike introduces the topic of why artists struggle financially, questioning the "starving artist" cliché and why passion alone isn’t enough to succeed. 03:15 Mike references an article about how many New York residents rely on financial support from their parents or trust funds, highlighting the hidden advantages that allow some people to pursue artistic careers without financial worries. 07:45 Mike emphasizes that being an artist requires the same dedication as running any business, comparing it to the relentless work ethic of professional athletes. 11:05 Mike emphasizes the importance of teaching kids the value of hard work over passion, arguing that discipline and responsibility should come before chasing interests or hobbies 22:30 Brook and Mike conclude that artists starve because they aren't taught how to manage money or sustain themselves financially, emphasizing the need for business knowledge.…

Small Business Confidential

1
Past Events Dictate Future Behaviors 42:33

14 weeks ago42:33

42:33

Mike, Brook and A'marri discuss goal setting and strategic planning for your business. Your data should tell a story. Within that story are learning lessons that need to be applied to your new strategies. This goes for your business as well as your personal life. Some things are black and white and others are gray and nuanced. Be disciplined in your routine, but allow new ideas and creativity to process in the background of your mind after a power nap, run, workout or Mike's favorite, a "shower moment". We reflect in January as we prepare for the stress testing moments that show up later in the year in the middle of the action. 2:50 Mike and Brook discuss the importance of reviewing last year's performance, analyzing revenue, expenses, and whether certain investments were truly profitable. 4:35 Mike uses the analogy of weight loss to explain how business owners should track their progress, emphasizing the importance of writing everything down, measuring results, and making adjustments just like a fitness journey. 9:00 Mike, Brook and A'marri discusses the significance of tracking every expense, no matter how small, and how financial awareness can lead to better decision-making. 16:30 Mike emphasizes the importance of reflection and strategic thinking, encouraging business owners to take time to analyze what is working and what needs to change. 32:00 Amarri highlights the idea that data should tell a story, and decisions should be driven by the patterns and insights found in the numbers.…

Small Business Confidential

1
Sun Luck Garden 30:24

14 weeks ago30:24

30:24

In this episode of Small Business Confidential, hosts Mike and Brook Reilly explore the financial realities of running a business, focusing on managing cash flow, setting goals, and evaluating profitability. They share their experiences in contracting, rental properties, and overcoming financial hurdles. They highlight the importance of planning, monitoring key metrics, and addressing inefficiencies to avoid financial pitfalls. The discussion also covers lessons learned from past mistakes and the value of implementing systems to effectively manage costs and revenues. 1:14 Mike discusses the struggles of managing cash flow during the slow season, including strategies to prioritize payments and plan for financial stability. 8:15 Mike recounts a pivotal mistake in 1992 involving mismanaged labor hours and its impact on profits, illustrating the importance of accurate tracking. 18:00 Brook introduces their company’s "dashboard talk" system, a weekly review of costs, revenues, and overhead to ensure financial clarity. 27:30 Final reflections on professionalism in business, setting financial goals, and the importance of mentorship or consulting to achieve success.…

Small Business Confidential

1
New Years and Setting Goals 29:57

15 weeks ago29:57

29:57

In this episode of New Years and Setting Goal, hosts Brook Reilly and A'marri discuss effective goal-setting strategies for personal and professional growth. They explore the importance of reflecting on past goals, setting actionable and realistic objectives, and adapting plans to fit individual lifestyles. The conversation highlights overcoming challenges like lack of motivation and maintaining discipline, with examples from fitness, financial planning, and personal development. Brook and A'marri emphasize the value of small, consistent steps and mental resilience in achieving long-term success. 1:28 Brook and A'marri introduce the topic of goal-setting for the new year and reflect on the importance of setting realistic, actionable goals. 6:11 Brook discusses the importance of creating a clear plan to achieve goals and the value of seeking guidance or expertise when necessary. 16:25 Brook reflects on how evaluating past challenges can help refine goals and overcome obstacles in the new year 20:39 Brook and A'marri explore the power of discipline, emphasizing how pushing through challenging days can build resilience and foster long-term commitment. 25:10 A'marri highlights the mental aspect of staying consistent, even when circumstances are tough, as a key to creating meaningful and lasting change.…

Small Business Confidential

1
The Art Of Managing (Whether You Like It Or Not) 33:15

23 weeks ago33:15

33:15

There is an art to managing. Most people dont know how to do it. But you'll never learn how to do it if you think you know everything already. You have to acknowledge what you dont know and put the work in to learn it. The art of managing and more on the Cleveland Real Estate podcast.

Small Business Confidential

1
Processes, Spreadsheets and Procedures 32:26

26 weeks ago32:26

32:26

Processes are essential for enhancing efficiency, productivity, and growth in business. While resistance to change may be common, understanding the benefits of streamlined processes can ultimately lead to success in both your business and personal life. Join Brook and Amarri as they discuss the importance of processes and how it can positively impact your personal life and goals. 2:11 A'marri and Brook started talking about implementing, changing, and adapting, which is the whole point of establishing systems and processes for a business., 21:26 A'marri explains how different things you do at work can benefit your personal life 25:55 Brook talks about the process of establishing a new process and working through something is going to take time, and expect people are going to resist doing it.…

Small Business Confidential

1
No More Harvard Sports Guys 28:06

27 weeks ago28:06

28:06

Being a Harvard graduate does not mean you will never make a mistake. Listen to Mike and Brook as they discuss the Cleveland Browns' mismanagement, particularly the impact of Harvard graduates Andrew Berry and Paul DePodesta. They discuss the Browns' leadership and coaching failures and mistakes. This includes how coaching involves confrontation as well as teaching. Be sure to listen to learn more.…

Small Business Confidential

1
Managing, Setting Goals, Being Busy Vs Actually Making Money 29:35

40 weeks ago29:35

29:35

2:11 Mike talks with Brook and A'marri about what they have learned in managing the business for the past couple of years. 11:19 Mike talks about when things don't work out the way you expected. Are you blaming your customer, boss, or the person you hired, or are you questioning what went wrong, why did I make that mistake. 24:24 Mike on his final thought; if you want to start a business, do your homework, read about successful people and how they dealt with adversity.…

Small Business Confidential

1
Summer Job 36:36

45 weeks ago36:36

36:36

If you are looking a summer job, there are several key factors to keep in mind to ensure that you find the right opportunity for you. In this episode, Mike discusses 5 things that you should keep in mind when looking for a summer job with Brook, A'marri, and Christina. 5:05 Mike discusses the importance of being proactive about learning. 11:14 Mike talks about learning from your elders. 20:40 Mike talks about learning from failures. 23:20 Mike talks about what summer jobs you got, and how you connected that to a mentor 31:31 Mike discusses the importance of being financially self-sufficient when you're an adult…

Small Business Confidential

1
Small Businesses Need To Understand The Importance Of Processes 35:33

48 weeks ago35:33

35:33

The success of a small business depends on efficient and effective processes, and continuous refining and optimizing these processes will ensure long-term success. Learn more about this topic in our latest episode. 4:48 Mike, Brook, and A'marri discuss the importance of processes and how they apply to small businesses. 9:11 Mike emphasizes the need to have a process in place for anything you do, especially if it is repetitive 17:38 Mike discusses the importance of making a list of what needs to get done and what needs to wait. 20:19 Mike uses the football analogy which suggests that every person in a company should know what everyone else is doing. 23.57 Mike talks about the golden rule of learning from your mistakes.…

Small Business Confidential

1
Getting Into The Zone 23:06

1 year ago23:06

23:06

Mike and A’marri talk about getting into the zone, taking naps, scripting your day and being honest with yourself as an employee or business owner. 2:28 Mike and A'marri talk about how a power nap refreshes your mind and helps you solve problems, and gets more better ideas. 10.33 Mike discusses, getting into the zone means dedicating time to it. 19:57 Mike discusses why 90% of restaurants fail and why some people never own a business…

Small Business Confidential

1
You Don't Know Sh__, If You Haven't Met A Payroll 18:19

1 year ago18:19