Episodios

  • 60:Why I Want You to Invest in Your Strategic Acumen
    Jun 27 2024

    In this episode, I dive into the critical importance of investing in your strategic acumen. Join me, Steve Coughran, as I explain why mastering strategic thinking is key to navigating today's complex business landscape. I'll share how enhancing your strategic skills can drive sustainable growth, improve decision-making, and create a competitive edge. I'll provide practical tips and real-world examples to highlight the profound impact that strategic acumen can have on your business's success.

    We'll explore topics such as identifying your strategic problem, crafting a compelling purpose statement, and defining actionable principles that align with your business goals. Whether you're an entrepreneur, business owner, or aspiring leader, this episode is packed with actionable insights to elevate your strategic game and achieve long-term success. Tune in now to transform your entrepreneurial journey, unlock new opportunities for growth and profitability, and build a resilient business in an ever-changing market.

    Helpful links:

    • Join the Strategic Financial Mastery program
    • Join Our Free Community
    • Train your team with an on-site workshop

    Disclaimer:
    BYFIQ, LLC is a wholly owned entity of Coltivar Group, LLC. The views expressed here are those of the individual Coltivar Group, LLC (“Coltivar”) personnel quoted and are not the views of Coltivar or its affiliates. Certain information contained in here has been obtained from third-party sources. While taken from sources believed to be reliable, Coltivar has not independently verified such information and makes no representations about the enduring accuracy of the information or its appropriateness for a given situation.

    This content is provided for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. You should consult your own advisers as to those matters. References to any securities or digital assets are for illustrative purposes only, and do not constitute an investment recommendation or offer to provide investment advisory services. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendations. The Company is not affiliated with, nor does it receive compensation from, any specific security. Please see https://www.byfiq.com/terms-and-privacy-policy for additional important information.

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    18 m
  • 59: Why You Should Love What You Do In Business
    Jun 20 2024

    Join me as I delve deep into the core of entrepreneurial success: passion. I'm Steve Coughran, a seasoned entrepreneur turned CFO sharing why passion isn't just a buzzword but a vital ingredient for sustainable business growth.

    Passion fuels perseverance, creativity, and resilience in the face of challenges. It's what transforms a job into a calling and a business into a mission. Through engaging anecdotes and insightful strategies, I am illustrating how passion ignites innovation, attracts loyal customers, and inspires teams to exceed expectations.

    Discover the secrets to identifying your passion and integrating it into your business strategy. From startup founders to seasoned executives, this episode offers actionable advice on aligning personal passion with professional success. Whether you're launching a new venture or revitalizing an existing one, harnessing your passion can redefine your entrepreneurial journey.

    Helpful links:

    • Join the Strategic Financial Mastery program
    • Join Our Free Community
    • Train your team with an on-site workshop

    Disclaimer:
    BYFIQ, LLC is a wholly owned entity of Coltivar Group, LLC. The views expressed here are those of the individual Coltivar Group, LLC (“Coltivar”) personnel quoted and are not the views of Coltivar or its affiliates. Certain information contained in here has been obtained from third-party sources. While taken from sources believed to be reliable, Coltivar has not independently verified such information and makes no representations about the enduring accuracy of the information or its appropriateness for a given situation.

    This content is provided for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. You should consult your own advisers as to those matters. References to any securities or digital assets are for illustrative purposes only, and do not constitute an investment recommendation or offer to provide investment advisory services. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendations. The Company is not affiliated with, nor does it receive compensation from, any specific security. Please see https://www.byfiq.com/terms-and-privacy-policy for additional important information.

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    21 m
  • 58: Adversity to Advantage with Raph Mcgowan
    Jun 13 2024

    Welcome to the Business Strategy podcast. I'm your host, Steve Coughran. Join me and guest speaker Raph McGowan as we delve into the extraordinary journey of turning trials into triumphs and adversity into success. In this compelling conversation, we explore the real-life experiences and hard-earned wisdom of our guest speaker, a seasoned entrepreneur who has navigated the challenging path of starting and cultivating a thriving business. Together, we unpack the critical moments of resilience, strategic pivots, and unwavering determination that have shaped their entrepreneurial journey.

    Discover the secrets behind building a successful business from scratch, overcoming setbacks, and harnessing the power of perseverance. Our guest shares candid insights on how to stay motivated amidst obstacles, the importance of a strong support system, and the strategies that helped them achieve and sustain business growth. Whether you're an aspiring entrepreneur or a seasoned business owner, this episode offers valuable lessons and inspiration to fuel your own success story.

    Tune in to gain actionable advice, hear captivating stories of entrepreneurial grit, and learn how to turn your challenges into stepping stones on the road to success.

    Links:
    Do you have ideas or feedback to share? Email me at contact@coltivar.com
    To learn more about us, visit: https://www.coltivar.com/

    Disclaimer:
    The views expressed here are those of the individual Coltivar Group, LLC (“Coltivar”) personnel quoted and are not the views of Coltivar or its affiliates. Certain information contained in here has been obtained from third-party sources. While taken from sources believed to be reliable, Coltivar has not independently verified such information and makes no representations about the enduring accuracy of the information or its appropriateness for a given situation.

    This content is provided for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. You should consult your own advisers as to those matters. References to any securities or digital assets are for illustrative purposes only, and do not constitute an investment recommendation or offer to provide investment advisory services. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendations. The Company is not affiliated with, nor does it receive compensation from, any specific security. Please see https://www.coltivar.com/privacy-policy-and-terms-of-use for additional important information.

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    20 m
  • 57: Pricing Hacks to Grow Your Bottom Line with Mark Stiving
    Jun 6 2024

    Welcome to the Business Strategy podcast. I'm your host, Steve Coughran. In today's episode we delve deep into the art of pricing optimization, accompanied by guest speaker Mark Stiving, who will share his expertise in the field of business. In this captivating conversation, we unravel the hidden gems of pricing hacks designed to revolutionize your approach to profitability. From strategic pricing adjustments to innovative techniques for maximizing revenue streams, our discussion leaves no stone unturned in empowering business owners like you to unlock untapped potential and scale your enterprise to new heights. Join us to gain invaluable insights into the psychology of pricing, uncovering how subtle adjustments can yield monumental impacts on your bottom line. With real-world examples and actionable strategies, you'll be equipped to navigate the complex landscape of pricing dynamics with confidence and finesse.

    Links:
    Do you have ideas or feedback to share? Email me at contact@coltivar.com
    To learn more about us, visit: https://www.coltivar.com/

    Disclaimer:
    The views expressed here are those of the individual Coltivar Group, LLC (“Coltivar”) personnel quoted and are not the views of Coltivar or its affiliates. Certain information contained in here has been obtained from third-party sources. While taken from sources believed to be reliable, Coltivar has not independently verified such information and makes no representations about the enduring accuracy of the information or its appropriateness for a given situation.

    This content is provided for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. You should consult your own advisers as to those matters. References to any securities or digital assets are for illustrative purposes only, and do not constitute an investment recommendation or offer to provide investment advisory services. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendations. The Company is not affiliated with, nor does it receive compensation from, any specific security. Please see https://www.coltivar.com/privacy-policy-and-terms-of-use for additional important information.

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    Support the Show.

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    31 m
  • 56: What You Need to Know About Financial Statements
    May 30 2024

    Welcome to the Business Strategy podcast, I'm your host, Steve Coughran. Today, we're delving into the cornerstone of financial management: understanding your company's financial statements. As a CFO, I've learned firsthand the critical importance of the income statement, balance sheet, and statement of cash flows in assessing a company's financial health and operational efficiency. These financial statements not only provide a snapshot of your company's performance but also offer invaluable insights into the effectiveness of your strategic initiatives. From revenue and expenses on the income statement to assets, liabilities, and equity on the balance sheet, each component plays a crucial role in painting a comprehensive picture of your company's financial standing. Furthermore, the statement of cash flows illuminates how cash is flowing in and out of your business, providing essential information on liquidity and solvency. By mastering these financial statements and understanding how they interconnect, you'll be equipped to make informed decisions that drive your business's success. Join me as we demystify financial statements and unlock the keys to financial acumen. Tune in and empower yourself to navigate the financial landscape with confidence and clarity.

    Links:
    Do you have ideas or feedback to share? Email me at contact@coltivar.com
    To learn more about us, visit: https://www.coltivar.com/

    Disclaimer:
    The views expressed here are those of the individual Coltivar Group, LLC (“Coltivar”) personnel quoted and are not the views of Coltivar or its affiliates. Certain information contained in here has been obtained from third-party sources. While taken from sources believed to be reliable, Coltivar has not independently verified such information and makes no representations about the enduring accuracy of the information or its appropriateness for a given situation.

    This content is provided for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. You should consult your own advisers as to those matters. References to any securities or digital assets are for illustrative purposes only, and do not constitute an investment recommendation or offer to provide investment advisory services. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendations. The Company is not affiliated with, nor does it receive compensation from, any specific security. Please see https://www.coltivar.com/privacy-policy-and-terms-of-use for additional important information.

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    25 m
  • 55: How to Develop a Strategy for Your Business
    May 23 2024

    Welcome to the Business Strategy podcast, I'm Steve Coughran, your host. Today, we're diving into the essential topic of developing a winning strategy for your business. Crafting a strategic plan is pivotal for long-term success, and I'm excited to share my proprietary 10-step strategy blueprint with you. From defining your purpose and strategic problem to conducting thorough market research and evaluating strategic options, each step is carefully designed to guide you towards strategic clarity and actionable insights. By implementing this system in your business, you'll not only drive higher profits but also position yourself for sustained success in a competitive market landscape. Join me as we unlock the secrets to strategic excellence and pave the way for your business's future growth and prosperity. Tune in and embark on your journey to strategic mastery today!

    Links:
    Do you have ideas or feedback to share? Email me at contact@coltivar.com
    To learn more about us, visit: https://www.coltivar.com/

    Disclaimer:
    The views expressed here are those of the individual Coltivar Group, LLC (“Coltivar”) personnel quoted and are not the views of Coltivar or its affiliates. Certain information contained in here has been obtained from third-party sources. While taken from sources believed to be reliable, Coltivar has not independently verified such information and makes no representations about the enduring accuracy of the information or its appropriateness for a given situation.

    This content is provided for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. You should consult your own advisers as to those matters. References to any securities or digital assets are for illustrative purposes only, and do not constitute an investment recommendation or offer to provide investment advisory services. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendations. The Company is not affiliated with, nor does it receive compensation from, any specific security. Please see https://www.coltivar.com/privacy-policy-and-terms-of-use for additional important information.

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    13 m
  • 54: 5 Things the Best Founders Do To Build Great Companies
    May 16 2024

    Welcome back to the Business Strategy podcast, I'm Steve Coughran, your host. Today, we're diving into the core principles that the best founders employ to build remarkable companies. Number one on our list is getting intimately acquainted with your customers. It's astonishing how many leaders fail to engage with their clients regularly. I'm not talking about surface-level chats; I mean meaningful conversations where you ask the tough questions. I once advised a company to survey their customers about what they loved and hated, using those strong words intentionally to uncover deep-seated issues. Asking customers about their loves and hates reveals invaluable insights, guiding you towards solving real pain points. But remember, empathy is key here. Step into your customers' shoes and approach feedback with an open mind. This leads us to our second principle: short cycle time. Founders often spend too long perfecting their product or service before testing it with customers. Adopting a system where you can build, measure, learn, and adjust rapidly is crucial for success. Take it from my own experience; investing in a strategy management software without customer feedback led to costly mistakes. Test your hypothesis quickly and cheaply to validate product-market fit before investing significant time and resources. Our third principle is staying lean until everything works well. Don't rush into hiring; instead, build your infrastructure and operating model first. Scaling too quickly can backfire if your systems aren't robust. Remember, in the early stages, you're iterating and refining your offering, so keep your team lean until you've nailed it. Fourth, make a long-term commitment to your business. Avoid the temptation to jump ship when results don't materialize quickly. Building a sustainable business takes time and perseverance. Show yourself grace and have patience; success doesn't happen overnight. Lastly, take care of yourself. As founders, we have a responsibility to our stakeholders to be as healthy as possible. Avoid the allure of burnout; prioritize self-care and maintain a balanced lifestyle. Remember, taking care of yourself isn't selfish—it's essential for sustainable success. So there you have it, the five things the best founders do to build great companies. Join me next time for more insights and strategies to fuel your business growth. Until then, take care and cheers to your success!

    Links:
    Do you have ideas or feedback to share? Email me at contact@coltivar.com
    To learn more about us, visit: https://www.coltivar.com/

    Disclaimer:
    The views expressed here are those of the individual Coltivar Group, LLC (“Coltivar”) personnel quoted and are not the views of Coltivar or its affiliates. Certain information contained in here has been obtained from third-party sources. While taken from sources believed to be reliable, Coltivar has not independently verified such information and makes no representations about the enduring accuracy of the information or its appropriateness for a given situation.

    This content is provided for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. You should consult your own advisers as to those matters. References to any securities or digital assets are for illustrative purposes only, and do not constitute an investment recommendation or offer to provide investment advisory services. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendations. The Company is not affiliated with, nor does it receive compensation from, any specific security. Please see https://www.coltivar.com/privacy-p

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    15 m
  • 53: How to Create an Ideal Customer Profile
    May 9 2024

    Welcome back to the Business Strategy podcast, I'm your host, Steve Coughran. Today, we're exploring a fundamental aspect of any successful business: creating an ideal customer profile. In this episode, titled "How to Create an Ideal Customer Profile," I'll guide you through a comprehensive framework for understanding your customers on a deeper level. From uncovering their motivations and circumstances to envisioning their dream outcome and identifying the obstacles they face along the way, we'll leave no stone unturned. By delving into external factors and starting with empathy and understanding, leaders can truly connect with their customers and propel their companies towards accelerated growth. Join me as we unlock the secrets to knowing your customers better than ever before.

    Links:
    Do you have ideas or feedback to share? Email me at contact@coltivar.com
    To learn more about us, visit: https://www.coltivar.com/

    Disclaimer:
    The views expressed here are those of the individual Coltivar Group, LLC (“Coltivar”) personnel quoted and are not the views of Coltivar or its affiliates. Certain information contained in here has been obtained from third-party sources. While taken from sources believed to be reliable, Coltivar has not independently verified such information and makes no representations about the enduring accuracy of the information or its appropriateness for a given situation.

    This content is provided for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. You should consult your own advisers as to those matters. References to any securities or digital assets are for illustrative purposes only, and do not constitute an investment recommendation or offer to provide investment advisory services. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendations. The Company is not affiliated with, nor does it receive compensation from, any specific security. Please see https://www.coltivar.com/privacy-policy-and-terms-of-use for additional important information.

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    10 m