My Business On Purpose

What do we pay our new hires? How do we know what the compensation package needs to be? Well, I can tell you it doesn't start by asking, what is industry standard! One of the questions we get most frequently right now is "What should we pay our new hire?" Now, the first thing I'll say is if you haven't listened to any of our podcasts or content on your hiring process, you need to start there first...

I'm a huge NBA fan… but I was struck by something the coach of the Denver Nuggets said minutes after winning the championship this year. Let's dive in and talk about it today. Thomas Joyner with Business on Purpose here, thanks so much for listening in today. People who say the NBA is trash are just flat-out wrong. It's absolutely incredible to watch what the Denver Nuggets were able to do this po...

Business owners are in a constant state of wondering to what depth they "share the numbers" with employees regarding revenues, budgets, profit and loss statement, and/or balance sheets. A client relayed a story of their administrator going to the mail and coming back with a check for $38,000 to which the administrator looked straight at the owner and said, "Wow, your going to be able to do a lot w...

"I don't have much to do in my business these days" were the exact words from a business owner I met with last week.  You could get a sense that the words almost scared him as they came out of his mouth and left a concerned sense somewhere between, "I can't believe this is actually true, " and, "Am I missing something that I should be seeing?" As business coaches, we can't help but be excited, and...

In business, money is constantly moving. A cash flow statement is a bit counterproductive.  As the cash flows, we can see trends and movement.  The moment we snapshot the flow of cash into a static cash flow statement, the cash stops flowing. Taking a snapshot of a rushing river means the river is no longer rushing; it is still.  You can clearly see the river, the level, the color, and the shape,...

"Soaking it up in a hot tub with my soul mate." How many of you played sports in high school? How many of you have listened to a voicemail that you left for someone else and cringed at the sound of your own voice? For some reason, we decided having a podcast was a good idea, and every time I hear one of mine I'm like…is that really what I sound like? It's Painful! I remember being in high school a...

We assume, because of our modern loneliness epidemic, that being alone is bad, not realizing that there are healthy forms of loneliness and unhealthy forms.   The legendary John Prine wrote a powerful song entitled The Speed of The Sound of Loneliness.  His lyric lends insight into a common reality for leaders, "you've broken the speed of the sound of loneliness, you're out there runnin' just to b...

Sitting in a room listening to a variety of presentations, most of them non-engaging with slides that looked like this.  HUH? Then a physician stands up and begins to relay a series of statistics accompanied by stories. The suicide attempts among college girls have increased from 1% to 2%...a 100% increase in a 2-year span.  Nearly 1 in 3 girls have contemplated suicide.  We have a college-aged da...

How do your customers and clients feel after they've done business with you? Do they feel your gratitude? Well, let's talk about that today! Thomas Joyner here with Business on Purpose. I spent 4 days last week in Mexico with my wife celebrating our 10th anniversary! Gah, what a special time as it was just us for an extended period of time for the first time in 5 years. We've done a night or two g...

If you have ever been interested to see a group of business owners conduct a communal eye roll, bring up the topic of bonus and incentives. A few years ago we had a client who decided to reward their team from a banner year and forego distributing a substantial six-figure margin to himself and his partner.  There was no expectation created for this one-off distribution.   It was a $200,000 sum tha...

For six years Ashley and I coordinated the meeting of a group of young men who met weekly during the school year.  Some weeks there were four, and others there were sixteen.  All between 15 and 18 years of age and all at different stages of maturity.   We walked these young men through a variety of discussions, situations, and scenarios and even adapted a five stage growth pyramid for each to unde...

Before English was widely spoken in the far corners of the globe, Latin was the lingua franca for much of the European world from the days of the Roman Empire into the middle centuries. Latin stands at the root of many of our English words and offers us contextual insight into the flavor of our language. Some Latin words proved so powerful in the fullness of their meaning that we simply adopted th...

Listen to Jessica VanBrunt, owner of Van Brunt & Company, as she talks about how she implemented processes, a strong company culture, 12-week plans, and effective meetings to achieve business success. 

"It's just easier if I do it myself." "No one does it as good as I do it" "They just don't care as much as I do." These are all statements that I have heard you make, and they are all statements that will sabotage your Executive Leadership. The leader could drive the tractor, could fulfill the order, could supervise the build, could execute the transaction, could meet with the client, and could ne...

Listen to Thomas Joyner, Director of Coaching, and Brent Whitaker, Business Coach, as they discuss the importance of having a clear mission statement. They talk about the difference between passion and purpose, and how purpose is what drives us forward even when our passions change. They also discuss how a mission statement can guide a business and why it's important to define your own mission ins...

Partnerships are hard.  I've heard it said, "the only ship that doesn't sail is a partnership." Partnerships sound great in theory, almost a no-brainer structure for a small business.  You get two (or more) minds, two skill sets, and twice the available time that in many cases can lead to an exponential outcome.   You also typically get two visions, two opinions, and divergent expectations. Many p...

For 21 years, Ashley and I raised, led, and parented our daughter.  On a beautiful Friday afternoon in April, I had 56 seconds to walk her down a sweepingly curved walkway of gray pavers under an aged live oak tree into the hands of another man who within a few minutes would become her husband.   My time as her dad did not end in the 5 o'clock hour of that Friday afternoon, but my time as the prim...

She sent us a voice memo saying, "I don't see my husband or my kids anymore… money is not the issue, I just don't have the time…I feel trapped by my business." This Mom is trying to wear the superhero cape in life and at work and feels she is doing neither very well brewing a mental cocktail of disillusionment about the value and gift of business, while also fueling 100-proof guilt straight from t...

For many, work has become an unavoidable and sustained pot hole along the chaotic highway of our day to day that knocks the alignment from the goal of peace each of us has in life. Beckoning a variety of responses from the menu of emotions available to us throughout the day, we respond to life's potholes with entitlement and exasperation feeling betrayed when we get thrown off track.   We want hap...

Ick... that's what most Owners AND team members think when they hear the dreaded phrase, "Performance Review". To the Owner, you might as well have said, "Hey, you want to spend loads of hours preparing for an uncomfortable discussion that will be totally worthless?" To the team member, you might as well have said, "Hey, would you like for me to stick a hot poker in your ear?' Truth is that Perfor...

Multiple Bank Accounts are a nonnegotiable for a growing, thriving business. We've received a lot of pushback on this one, so let's talk about it. Business On Purpose is here to talk financials! Scott Beebe and Thomas Joyner are giving us an overview on subdividing bank accounts, whether or not the "it's so much work for my bookkeeper!" is a good enough excuse, and why P&Ls may not tell you everyt...

The irony of this training is the fact that I am writing the script while flying on a private plane from a secluded island in the Bahamas after spending 3 days spearfishing, eating, and hanging out with friends and clients. That was a moment of privilege. Spending your days with continual electricity is a privilege.     If you are listening to this talk, you have privilege. Privilege is "a special...

On the outskirts of Atlanta, we drove past the waterfall, walked through the front doors, and stepped into a world of positivity and smiles.  Each delivered through a well-rehearsed cocktail of sincere stories that provided a peek into why this "chicken business" is a homebase of hope and life-change for so many.  One small business is a powerful, accessible opportunity for so many teenagers and a...

 Business On Purpose Founder Scott Beebe and Director of Coaching Thomas Joyner talked about the importance of Vision.  Know the answers to the following questions: ➡️ What is vision? ➡️ How does it differ from your mission and values? ➡️ Why is knowing where you're headed important and what does that do for your team? ➡️ Lack of vision from business owners, why does it matter? ➡️ Why do you think...

An influential teacher was slowly traveling towards his intended destination and along the way would make time to connect in a variety of towns.   As is the case for most teachers, politicians, musicians, and artists of influence, this teacher had supporters… followers. There was one controversial stop along the campaign route where the local population was more hostile to the teachers message.  A...