Introduction: In this episode, Ness and Nicky delve into the often-overlooked downside of reaching peak business momentum. While a smoothly running business is the goal, it can lead to feelings of insignificance and withdrawal for business owners who are no longer the centre of attention. They explore the psychological impacts and the addiction to being needed, offering insights and strategies for maintaining a healthy balance.

Episode Highlights:

• The Ideal Business State: Discussion on achieving a smoothly running business and the implications for the business owner.
• The Downside of Not Being Needed: The psychological impact of stepping back and not being the hero.
• Entrepreneurial Addiction: Insights from psychotherapist Amy Morin on work addiction and its parallels to other addictions.
• Self-Worth and Business Success: How entrepreneurs link their self-worth to their business achievements.
• Signs of Psychological Dependence: Six signs of work addiction including obsessive thoughts, withdrawal, and increased tolerance.
• Balancing Work and Personal Life: Strategies for maintaining a healthy work-life balance and recognising when business habits become unhealthy.

Tune in to gain a deeper understanding of the psychological aspects of business success and learn practical tips for overcoming the challenges of stepping back.

Learn more about Nicky and Ness https://businesstogether.com.au

Do the Smart Growth Survey in under 60 seconds to get your hands on our Smart Growth Blueprint. You'll get immediate access to our four favourite strategies for sales, profit, planning and team https://businesstogether.typeform.com/smartgrowth

Follow us on socials
Instagram - @b2businesstogether
Facebook - @B2BusinessTogether

Connect on LinkedIn
Nicky LinkedIn - https://www.linkedin.com/in/connectwithnicky/
Ness LinkedIn - https://www.linkedin.com/in/vanessamedling/

Give us a call
Nicky Miklos-Woodley 0403 191 404
Vanessa (Ness) Medling 0400 226 875

Or send us an email hello@businesstogether.com.au

Music by Jules Miklos-Woodley

In this episode of "Thrive in Business Together with Nicky and Ness," the hosts dive into the concept of "vibe" in the business world. Drawing inspiration from the classic movie "The Castle," they explore how the vibe or culture of a business can significantly impact performance and employee satisfaction. Nicky and Ness share practical insights for business owners and leaders aiming to cultivate a positive and high-performing work environment.

Episode Highlights

• Defining the Vibe: Nicky and Ness discuss the importance of understanding the vibe or culture of a business, using analogies and real-life examples to illustrate their points.
• Unspoken Ground Rules: The hosts delve into how unspoken behaviours and attitudes contribute to the overall vibe and impact team dynamics.
• Leadership and Values: They highlight the importance of leaders living up to their stated values and the effects of incongruence between proclaimed and actual practices.
• Toxicity in the Workplace: A story is shared about a business owner struggling with a toxic employee and the consequences of avoiding difficult conversations.
• High Performance Models: Nicky introduces the 70-20-10 model of high performance, explaining how it applies to sales and leadership.
• Cultural Misalignment: The discussion covers the potential pitfalls when there's a gap between the intended culture and the actual environment, especially during onboarding.
• Real-life Business Examples: They provide anecdotes about businesses that successfully maintain a strong, positive culture and those that struggle with it.
• Action Steps: Practical advice for business owners includes conducting informal vibe checks and engaging in honest conversations with team members to ensure alignment with desired cultural values.

For more hands-on support, they can contact Nicky and Ness through their website.

Head to Ep 24 in Season 1 to listen to our podcast with Leah Mether

Read the blog we talked about here: https://businesstogether.com.au/heres-why-knowing-that-culture-is-the-lifeblood-of-your-business-matters/

Learn more about Nicky and Ness https://businesstogether.com.au

Do the Smart Growth Survey in under 60 seconds to get your hands on our Smart Growth Blueprint. You'll get immediate access to our four favourite strategies for sales, profit, planning and team https://businesstogether.typeform.com/smartgrowth

Follow us on socials
Instagram - @b2businesstogether
Facebook - @B2BusinessTogether

Connect on LinkedIn
Nicky LinkedIn - https://www.linkedin.com/in/connectwithnicky/
Ness LinkedIn - https://www.linkedin.com/in/vanessamedling/

Give us a call
Nicky Miklos-Woodley 0403 191 404
Vanessa (Ness) Medling 0400 226 875

Or send us an email hello@businesstogether.com.au

Music by Jules Miklos-Woodley

In this episode, Nicky and Ness explore the concept of high-performance teaming with Dr Amy Silver. Dr Silver delves into the importance of nurturing psychological safety within teams and shares valuable insights on fostering an environment where individuals can thrive collectively.

Episode Highlights:

Defining High-Performance Teaming: Dr Silver explains the shift from individual performance to team dynamics, emphasising the role of collective responsibility in achieving success.

Qualities of Successful Teaming: The discussion explores attributes such as self-awareness, facilitation skills, and creating a safe space for diverse perspectives.

Overcoming Barriers to Teaming: Dr. Silver identifies resistance stemming from hierarchical norms and fear of judgment as obstacles to effective team collaboration.

Cultivating Psychological Safety: The conversation highlights the significance of psychological safety in fostering open communication, vulnerability, and constructive conflict within teams.

Actionable Steps: Listeners are encouraged to adopt a mindset of exploring fears within their teams and utilise resources such as Dr Amy Edmondson's questions to assess psychological safety.

Dr. Silver underscores the importance of embracing vulnerability and courage in cultivating high-performance teams. By acknowledging and addressing fears, individuals and leaders can create environments where teams thrive and collective goals are achieved.

Instagram: https://www.instagram.com/dramysilver/
LinkedIn: www.linkedin.com/in/amysilverbrave
Website and blog: www.dramysilver.com
email: amy@dramysilver.com

Amy Edmondson - https://fearlessorganizationscan.com/engage/free-personal-psychological-safety-survey?utm_medium=cpc&utm_source=google&utm_campaign=activatie&gad_source=1&gclid=Cj0KCQjwu8uyBhC6ARIsAKwBGpTklZvQfBAST2eQliAassS7ToD7og4rxW2DQPZtFIl3kKe1fDJHoPIaApjQEALw_wcB

Tim Clarke https://www.leaderfactor.com/psychological-safety

Learn more about Nicky and Ness https://businesstogether.com.au

Do the Smart Growth Survey in under 60 seconds to get your hands on our Smart Growth Blueprint. You'll get immediate access to our four favourite strategies for sales, profit, planning and team https://businesstogether.typeform.com/smartgrowth

Follow us on socials
Instagram - @b2businesstogether
Facebook - @B2BusinessTogether

Connect on LinkedIn
Nicky LinkedIn - https://www.linkedin.com/in/connectwithnicky/
Ness LinkedIn - https://www.linkedin.com/in/vanessamedling/

Give us a call
Nicky Miklos-Woodley 0403 191 404
Vanessa (Ness) Medling 0400 226 875

Or send us an email hello@businesstogether.com.au

Music by Jules Miklos-Woodley

In this episode, Nicky and Ness delve into the recent Australian Company Director's Sentiment Index, uncovering critical insights into the current challenges faced by businesses. From shifting economic concerns to the paradox of profitable businesses failing, they dissect key statistics and discuss actionable strategies for navigating the intricate landscape of business finances.

Episode Highlights:

Shifting Priorities: Explore the transition from labor shortages to cost of living pressures as the primary economic challenge for Australian businesses.

Understanding Business Failure: Uncover the surprising statistics behind business failures and the role profitability plays in success.

The Day-to-Day Whirlwind: Examine how getting caught in the daily operations can lead to strategic oversights and eventual business failures.

Profitability vs. Growth: Delve into the essential balance between revenue growth and profitability for long-term business sustainability.

Mastering Financial Reports: Learn about the three crucial financial reports every business owner should understand: profit and loss statement, balance sheet, and cash flow prediction.

Key Numbers for Success: Identify actionable insights, including managing trade debtors, liabilities, creditors, and intentional spending.

The Importance of Money Dates: Emphasise the significance of regular financial check-ins and setting aside time for strategic financial planning.

Finding the Story in Numbers: Discover how to uncover narratives within financial data and make informed decisions for business growth and success.

By dissecting critical financial metrics and sharing actionable strategies, Nicky and Ness provide invaluable insights for business owners striving for sustainable growth and profitability.

Learn more about Nicky and Ness https://businesstogether.com.au

Do the Smart Growth Survey in under 60 seconds to get your hands on our Smart Growth Blueprint. You'll get immediate access to our four favourite strategies for sales, profit, planning and team https://businesstogether.typeform.com/smartgrowth

Follow us on socials
Instagram - @b2businesstogether
Facebook - @B2BusinessTogether

Connect on LinkedIn
Nicky LinkedIn - https://www.linkedin.com/in/connectwithnicky/
Ness LinkedIn - https://www.linkedin.com/in/vanessamedling/

Give us a call
Nicky Miklos-Woodley 0403 191 404
Vanessa (Ness) Medling 0400 226 875

Or send us an email hello@businesstogether.com.au

Music by Jules Miklos-Woodley

Welcome back to "Smart Business Growth" In this episode, Nicky and Ness delve into the intricate world of sales, exploring common pitfalls and offering actionable insights for business owners. From reliance on the business owner to reactive sales teams, they dissect four key problems and their impacts, urging listeners to assess these problems in their businesses. Tune in for invaluable strategies to revolutionise your sales approach and unlock untapped growth potential.

Episode Highlights

1. Impact on bottom line when sales hinge solely on the business owner.
2. Assessing self-reliance on a scale from 0 to 10 for business sustainability.
3. Reactive Sales Teams vs. Proactive Engagement.

Sole Reliance on Business Owner for Sales:

• Consequences of passive sales approaches and missed opportunities.
• Cultivating a proactive sales culture to maximise growth potential.

Lack of Documented Sales Processes:

• Time wastage and inefficiencies stemming from undocumented processes.
• Importance of establishing clear, well-known sales processes for team alignment and efficiency.

Key Client Relationships Solely with Business Owner:

• Risks associated with centralising key client relationships with business owners.
• Addressing ego-driven motivations and fears hindering delegation and team empowerment.

Thank you for tuning in to "Smart Business Growth"! We look forward to sharing more valuable insights with you next week. Until then, remember to empower your sales efforts and embrace growth opportunities.

Learn more about Nicky and Ness https://businesstogether.com.au

Do the Smart Growth Survey in under 60 seconds to get your hands on our Smart Growth Blueprint. You'll get immediate access to our four favourite strategies for sales, profit, planning and team https://businesstogether.typeform.com/smartgrowth

Follow us on socials
Instagram - @b2businesstogether
Facebook - @B2BusinessTogether

Connect on LinkedIn
Nicky LinkedIn - https://www.linkedin.com/in/connectwithnicky/
Ness LinkedIn - https://www.linkedin.com/in/vanessamedling/

Give us a call
Nicky Miklos-Woodley 0403 191 404
Vanessa (Ness) Medling 0400 226 875

Or send us an email hello@businesstogether.com.au

Music by Jules Miklos-Woodley

In this episode, Nicky and Ness delve into the world of workplace happiness with Declan, a happiness researcher and consultant. They explore why happiness in the workplace is crucial and discuss strategies for cultivating happiness within teams and organisations.

Episode Highlights:

• Strategic Advantage: Happiness predicts organisational success, boosting profitability, productivity, and reducing turnover.
• Understanding Happiness: Emphasises eudemonic happiness—contentment, connection, and purpose.
• Workplace Dynamics: Challenges of finding happiness without autonomy over teams or leaders.
• Key Drivers: Relationships and purpose are crucial for workplace happiness.
• Measuring Happiness: Importance of nuanced understanding beyond traditional metrics.
• Balancing Fulfilment: Balance hedonic happiness with eudemonic happiness for long-term fulfilment.
• Overcoming Adversity: Embrace fear and excitement as growth signals.
• Psychological Safety: Essential for honest feedback and emotional expression.
• Culture of Happiness: Prioritise a culture where individuals feel valued, supported, and empowered.

Learn more about Declan Edwards:
Personal Happiness Scorecard (for individuals): https://buhappinesscollege.com/scorecard/

Workplace Happiness Self Diagnostic (for leaders):
https://buhappinesscollege.com/workplace-happiness-self-diagnostic/

Workplace Happiness Diagnostic Report (for teams): https://buhappinesscollege.com/workplace-diagnostic-report/
https://www.linkedin.com/in/declan-edwards-bu-happiness-college/
https://wwwbuhappinesscollege.com/workplace-happiness/

Learn more about Nicky and Ness https://businesstogether.com.au

Do the Smart Growth Survey in under 60 seconds to get your hands on our Smart Growth Blueprint. You'll get immediate access to our four favourite strategies for sales, profit, planning and team https://businesstogether.typeform.com/smartgrowth

Follow us on socials
Instagram - @b2businesstogether
Facebook - @B2BusinessTogether

Connect on LinkedIn
Nicky LinkedIn - https://www.linkedin.com/in/connectwithnicky/
Ness LinkedIn - https://www.linkedin.com/in/vanessamedling/

Give us a call
Nicky Miklos-Woodley 0403 191 404
Vanessa (Ness) Medling 0400 226 875

Or send us an email hello@businesstogether.com.au

Music by Jules Miklos-Woodley

In this episode, Nicky and Ness delve into the complexities of change fatigue, a prevalent issue affecting leaders and teams alike. They begin by discussing the accelerating pace of change in today's world, emphasising the necessity for businesses to adapt and innovate continuously. Citing statistics from the Harvard Business Review and Gartner survey, they highlight the decline in employee willingness to support enterprise change, attributing it to increased uncertainty both in and out of the workplace.

Nicky and Ness explore various factors driving change fatigue, including the innate human desire for certainty and the challenges of balancing individual and collective responses to change. They advocate for proactive leadership approaches, emphasising the importance of communication, trust-building, and understanding individual needs. The conversation touches on strategies such as normalising discomfort, fostering open dialogue, and providing consistent support to navigate through change effectively.

Drawing on personal experiences and insights, Nicky and Ness offer practical advice for leaders to address change fatigue within their teams. They stress the significance of acknowledging employees' concerns, providing clear purpose and direction, and establishing regular touch points for communication and support. Additionally, they highlight the value of reframing language around change and cultivating a culture that embraces adaptability and growth.

Listeners are encouraged to reflect on their leadership practices and consider actionable steps to mitigate change fatigue within their organisations. The episode concludes with a reminder of the importance of consistency, communication, and proactive leadership in fostering resilience and engagement amidst ongoing change.

https://psnews.com.au/five-ways-to-find-more-joy-at-work/92825/

Learn more about Nicky and Ness https://businesstogether.com.au

Do the Smart Growth Survey in under 60 seconds to get your hands on our Smart Growth Blueprint. You'll get immediate access to our four favourite strategies for sales, profit, planning and team https://businesstogether.typeform.com/smartgrowth

Follow us on socials
Instagram - @b2businesstogether
Facebook - @B2BusinessTogether

Connect on LinkedIn
Nicky LinkedIn - https://www.linkedin.com/in/connectwithnicky/
Ness LinkedIn - https://www.linkedin.com/in/vanessamedling/

Give us a call
Nicky Miklos-Woodley 0403 191 404
Vanessa (Ness) Medling 0400 226 875

Or send us an email hello@businesstogether.com.au

Music by Jules Miklos-Woodley

In this episode, hosts Nicky and Ness explore the essential formula for business success, emphasising the critical balance between business, team, and personal growth. They uncover the trajectory of success, delving into the perturbation point where many leaders find themselves questioning their journey. From the challenges of "Juggle Street" to overcoming business chaos, they offer actionable strategies to shift towards peak performance and smart growth.

Episode Highlights:

• The Trajectory of Success: The hosts highlight the correlation between longevity in business and achieving holistic success, including revenue, profit, personal growth, and team expansion.
• The Perturbation Point: They define this pivotal moment where leaders question the sustainability of their current approach, signaling the need for change and growth.
• Challenges Faced: Nicky and Ness discuss common challenges such as feeling overwhelmed, perpetual busyness, and business chaos, all of which hinder growth and sustainability.
• Potential Outcomes: They outline three potential outcomes at the perturbation point: regression, plateauing, or proactive growth.
• Moving Forward: To overcome challenges and embrace growth, they introduce the concepts of peak performance and smart growth, focusing on culture, operating rhythms, and skill development.

Ness and Nicky emphasise the importance of proactively addressing challenges and implementing strategies for sustained business growth. They invite listeners to leverage the provided resources to navigate the perturbation point and embark on a journey towards peak performance and smart growth.

Learn more about Nicky and Ness https://businesstogether.com.au

Do the Smart Growth Survey in under 60 seconds to get your hands on our Smart Growth Blueprint. You'll get immediate access to our four favourite strategies for sales, profit, planning and team https://businesstogether.typeform.com/smartgrowth

Follow us on socials
Instagram - @b2businesstogether
Facebook - @B2BusinessTogether

Connect on LinkedIn
Nicky LinkedIn - https://www.linkedin.com/in/connectwithnicky/
Ness LinkedIn - https://www.linkedin.com/in/vanessamedling/

Give us a call
Nicky Miklos-Woodley 0403 191 404
Vanessa (Ness) Medling 0400 226 875

Or send us an email hello@businesstogether.com.au

Music by Jules Miklos-Woodley