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A tartalmat a Mike Reilly biztosítja. Az összes podcast-tartalmat, beleértve az epizódokat, grafikákat és podcast-leírásokat, közvetlenül a Mike Reilly vagy a podcast platform partnere tölti fel és biztosítja. Ha úgy gondolja, hogy valaki az Ön engedélye nélkül használja fel a szerzői joggal védett művét, kövesse az itt leírt folyamatot https://hu.player.fm/legal.
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Small Business Confidential
Mind megjelölése nem lejátszottként
Manage series 3320490
A tartalmat a Mike Reilly biztosítja. Az összes podcast-tartalmat, beleértve az epizódokat, grafikákat és podcast-leírásokat, közvetlenül a Mike Reilly vagy a podcast platform partnere tölti fel és biztosítja. Ha úgy gondolja, hogy valaki az Ön engedélye nélkül használja fel a szerzői joggal védett művét, kövesse az itt leírt folyamatot https://hu.player.fm/legal.
40+ year business owner, Mike Reilly, shares the dirty secrets of owning your own small business.
…
continue reading
34 epizódok
Mind megjelölése nem lejátszottként
Manage series 3320490
A tartalmat a Mike Reilly biztosítja. Az összes podcast-tartalmat, beleértve az epizódokat, grafikákat és podcast-leírásokat, közvetlenül a Mike Reilly vagy a podcast platform partnere tölti fel és biztosítja. Ha úgy gondolja, hogy valaki az Ön engedélye nélkül használja fel a szerzői joggal védett művét, kövesse az itt leírt folyamatot https://hu.player.fm/legal.
40+ year business owner, Mike Reilly, shares the dirty secrets of owning your own small business.
…
continue reading
34 epizódok
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Small Business Confidential
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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.…
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Small Business Confidential
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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.…
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.…
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Small Business Confidential
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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.…
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.…
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.
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.…
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.…
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.…
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Small Business Confidential
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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…
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.…
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Small Business Confidential
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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…
When you hear someone say "you don't know shit, if you haven't met a payroll," remember that they are speaking from experience. Running a business requires more than just book smarts and theoretical knowledge. It requires real-world experience and an understanding of what it takes to meet the financial obligations of a company. Among these obligations is meeting payroll - a vital responsibility that affects both employees and business alike. Take a listen to Mike and Brook as they discuss meeting a payroll and more in the latest podcast of Small Business Confidential. 1.42 Brook talk to Mike about payroll and cashflow and the lessons he learned in the past four or five weeks. 7.05 Mike discusses meeting payroll, selling jobs to meet payroll, and making money on these jobs to meet payroll. 11.26 Mike points out that the best training every high schooler can get is running a small business 16.03 Mike ends on a note that meeting payroll is like an ultimate cold shower, a wake-up call, and you need experience with that before you go out on your own.…
Don't just talk about your goal, do steps to make it happen. In this episode of the podcast, Mike and Alex talk about how people often talk endlessly about what they're going to do, but nothing ever gets done. Stop talking and start doing, make progress on something every single day. Also covered a few topics related to the Cleveland Heights housing problems. 2:48 Mike opens up about people endlessly talking about what they're going to do and nothing ever gets done. 8:04 Mike says the key to success is to have a goal, to have a plan, and then to be persistent. 5:15 Alex discusses there are doers and there are talkers. 12:14 Mike talks about not having a mentor or coach, only people who influence him 15:43 Mike and Alex discuss confidence as one of the greatest skills of entrepreneurs. 23:51 Mike mentions vacant houses are one of Cleveland Heights' biggest problems.…
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Small Business Confidential
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A large number of vacant houses in Cleveland Heights are a serious problem that needs to be addressed. We can't ignore these hundreds of vacant homes, so we are creating Project Rath, a project aimed at tackling this issue and taking it a step further. Find out more about this project in our first podcast episode where we discuss it and explain it in more detail. 2:56 Mike Reilly explains what Project RATH is all about 7:21 Mike Reilly discusses vacant houses and not paying taxes 22:54 Mike Reilly says if housing is handled properly, retail will follow 23:18 Mike Reilly discusses Project Wrath in more detail 24:42 Mike Ferrante discusses what a difference it would make if a few of those vacant houses were put on the market each month, since inventory of rentals is low…
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