Business Owners & Entrepreneurs Podcast With Peter Boolkah | Business Coach | The Transition Guy®

So many people have plenty of great ideas. But only a few people actually make theirs see the light of day. Why?Well, in today’s episode of The Transition Guy, I’m joined by professor and author of “Creative Careers: Making a Living with Your Ideas”, B. Jeffrey Madoff, to talk about executing ideas successfully, getting things done, and why not a lot of us are able to do just that.The truth is that a lot of us have brilliant ideas, and yet so few of us see them through. Making a living out of our creative ideas is possible but very few do so. Not everyone takes action.You might’ve, in one occasion or another, said that you’ve had an idea or a few ones way before anyone else had them. But why have you not done anything with them? What makes executing ideas so difficult that only a couple of us are actually getting things done?As B. Jeffrey Madoff shares, he always starts his first day of class asking students, “How many of you have been…somewhere where you’ve seen things and said, ‘Oh, I had that same idea! I

In this episode, I sit down with Jamie Dixon, author of “The Story Habit”, to talk about some of the techniques behind learning how to tell a story.Why is storytelling in business important to leaders?Well, to answer that question we should first look at what storytelling is. Essentially, storytelling is the art of making meaning.Great storytelling in business is a vital part of getting people’s buy-in. This is the most relevant application to business leaders. As Jamie Dixon points out, learning how to tell a story involves shaping the narratives that people believe in. Everyone has things that they believe that aren't necessarily true, so how can you correct or influence people’s beliefs?There are a lot of parallels between the process of telling a story and learning how to shape one. It comes down to three key words: relate, challenge, and resolve. When storytelling in business, you first have to relate to the listener. Then, challenge them somehow, and eventually resolve whatever tension you've

Can international internships be the answer to the talent gap? In today’s episode, I’m joined by Fredrik van Huynh, founder and CEO of Absolute Internship, to talk about hiring talent, remote internships, and its possible impact on talent scarcity and the talent pool, in general, in the business world.Absolute Internship is an organization that helps university graduates enter the working world through high-quality internships. As a student, Fredrik van Huynh got the opportunity to be an exchange student in China and Japan. This is where he spotted an opportunity to connect students to internships worldwide.Post-COVID, a lot of companies, especially those in bigger cities like London, Hong Kong, Singapore, Shanghai, Tokyo, etc., have started to realize how large their talent pool can be if they look at hiring talent all over the world. With the new Gen Z workforce coming in who thrive in flexibility, are used to working online, and are comfortable with a remote set-up, talent scarcity might very well be a thi

Today, I sit down with Jay Jay, the founder of Ace of Spades PR agency, to discuss social media brand building, and how you can use your online presence and your personal brand to stand out from the competition.You see, nowadays it’s harder than ever to make yourself seen on social media and in the online world. Ten years ago it was a completely different story. When Youtube was just getting started, there was hardly anyone out there compared to today.According to Jay Jay, it’s getting tougher to be seen because it's so noisy. There’s simply so much content of all sorts out there, that even if your content is great, very few people will see it unless you have a strategy.So, where should you start if you want to build your online presence and your personal brand?Well, the first step in social media brand building is to be honest and clear about what you want. Do you want clients? Do you want fame? Or money?Ultimately, a lot of your success would come down to consistently putting your content and your bran

Many businesses are at risk because of the current inflation storm, and they need to become better at dealing with the depreciation of money and rising costs. In today’s episode of The Transition Guy, I’m joined by Simon Severino, the CEO and founder of Strategy Sprints, as we discuss how to tackle inflation and share measures to control inflation in your business.One of the biggest challenges that most global economies are facing is inflation. The last occurrence of inflation of this kind in European economies was in the 1970s, so for many businesses, this is a new phenomenon.Currently, we are seeing inflation spiral out of control. To top it all off, there are other post-pandemic issues that businesses are facing such as supply chain challenges. For this reason, business owners must develop measures to control inflation to ensure their business’ survival throughout this period.Realistically, this inflation period could last a couple of years. As a base case, I'm looking at an inflation of around 14%, w

In today's conversation with Jason Kingsley, we talk about how you can turn your hobby into a business by simply following your passion. For Jason, building a company from hobby to business started from a desire to get better at the things he loves.When Jason Kingsley started out, it really wasn't possible to build a company in the gaming industry. Computers were still in their infancy.But he fell in love with computers from an early age, and eventually started to develop games with his brother. Jason wanted to become a creative entrepreneur, something that represented a whole new area of exploration for him.He ended up going to Oxford and getting a degree in Zoology because he saw it as something sensible to do. But all the while, he continued to work on video games. Jason Kingsley never gave up on the idea that you can turn your hobby into a business.But he wasn't always business-savvy and didn’t have it in mind to transform a hobby to business when he was first working on his passion. In fac

Has the selling process or sales cycle changed since the COVID-19 pandemic? Honestly, the pandemic has changed the world and has affected customer buying decisions, thereby affecting sales. And today, I discuss how to improve sales performance, and get around all the changes that happened with Jeremy Miner, Chairman, and founder of 7th Level.Many salespeople have felt the brunt of the pandemic in their sales performances. According to them, sales cycles have become longer. The world has indeed moved forward, so it makes sense that selling processes would change. In fact, it might be dangerous for your company if your salespeople are still using pre-pandemic sales processes in a vastly different world.Several factors influence customer buying decisions. One of them, perhaps the most significant factor, is uncertainty. When a prospect is uncertain about whether your product or service will change their lives or at least the way they do things for the better, then they're unlikely to want to buy.This is why

In the past, there’s been a lot of resistance to the idea of artificial intelligence in business. As Neil Sahota and I talk about in today's episode, many people fear that automating jobs will lead to unemployment, or that the technology isn’t safe.But then the pandemic came, and the great resignation along with it. Now, both in the UK and the US, there are a lot of job vacancies. This people shortage has been a great accelerator for AI. With less people working, artificial intelligence in business has become more useful than ever. In fact, this technology is developing rapidly. Already, there are programs capable of doing creative and problem-solving tasks.And yet, with all of the possibilities associated with the incorporation of artificial intelligence in business, many small and medium-sized companies have been reluctant to embrace this technology. Not just in terms of automating jobs, but across the board.Why? Well, this partly has to do with the perceived expense of artificial technology. But it al

Is it the end of digital investments?You may have seen the news about the very recent bear market in cryptocurrency. You may have even heard people say this may be the huge crash that marks the end of cryptocurrencies for good.Today, I'm joined by Blake Templeton, who has analyzed the situation and has shared refreshingly different thoughts on the matter. In fact, according to him, this might even be the best time to invest in cryptocurrencies.You see, he shares that beyond the current headlines about digital investments, there’s a game being played. Having been into this for quite some time now, he (like a couple of others) feel that big names, BlackRock and Citadel, may have very well engineered this bear market in LUNA. What they'd gain from this and how they've done it is something Blake also explains in this episode.At the end of the day, Blake thinks that despite it being a bear market, this is still an excellent time to invest in crypto. In fact, if you look back at all of the bear marke

Dealing with uncertainty is something that's easier said than done. And so in this conversation with Michele Rosenthal, we talk about the keys to confidence that can help you, and how you can use them to thrive in your business and in life no matter how unpredictable the circumstances.First, let's talk about trauma. Most people think of it as something that must be huge and life-altering. But the truth is that everybody experiences trauma. That's because trauma is really as basic as something that feels less than good.When the world changes and takes away your sense of certainty just as what's happened in the pandemic, it also often takes away those things that you've built your identity or the identity of your business around. That can be traumatic. But dealing with uncertainty in a more positive way means you'll have to NOT let your circumstances control you.So, what allows some people to thrive in uncertainty and move past the trauma, while others suffer and stagnate? The diff

CONNECT WITH PETER BOOLKAH:--------------------http://www.Boolkah.comhttps://www.facebook.com/Boolkahhttps://www.instagram.com/pboolkah/https://www.linkedin.com/in/boolkahhttps://twitter.com/boolkah--------------------ABOUT PETER BOOLKAH--------------------Peter Boolkah (AKA The Transition Guy) is the World’s #1 Business Transition Coach whose main passion in life is to work with talented and high performing business owners who are in the process of creating exciting, high growth businesses. Peter helps you to navigate and transition through the crucial growth pains that all growing businesses experience making it as painless and exciting as possible.It is important to remember that businesses do not just grow and develop on their own, it is up to us and our teams to make this happen by making every day purposeful. As businesses grow some parts of the journey will be easier than others and most owners do not have all the answers. Starting a business is one of the most exciting things we get to do and we all h

CONNECT WITH PETER BOOLKAH:--------------------http://www.Boolkah.comhttps://www.facebook.com/Boolkahhttps://www.instagram.com/pboolkah/https://www.linkedin.com/in/boolkahhttps://twitter.com/boolkah--------------------ABOUT PETER BOOLKAH--------------------Peter Boolkah (AKA The Transition Guy) is the World’s #1 Business Transition Coach whose main passion in life is to work with talented and high performing business owners who are in the process of creating exciting, high growth businesses. Peter helps you to navigate and transition through the crucial growth pains that all growing businesses experience making it as painless and exciting as possible.It is important to remember that businesses do not just grow and develop on their own, it is up to us and our teams to make this happen by making every day purposeful. As businesses grow some parts of the journey will be easier than others and most owners do not have all the answers. Starting a business is one of the most exciting things we get to do and we all h

Creating a team can be liberating…or it can add to your responsibilities.In this discussion with Kris Ward, she explains why having the right management techniques is crucial to every entrepreneur, specifically learning to build a team that should manage you instead of the other way around.The problem that most entrepreneurs run into when building a team is that they end up micromanaging the performance of each new employee, which ends up giving them more work instead of freeing up their time.This model of doing things has been around for quite some time. And it's not unusual for you, as a business owner, to want to make sure that your team produces the results you desire, so you dedicate a portion of your time to helping them succeed.But as Kris Ward points out, creating a team in this way is backwards. They should really be managing you so that you have more time freed up to address other areas of the business.The management techniques that Kris employs in her consulting business are all designed to co

What is podcast guesting or hosting, and can you really use it to effectively market your business? In today’s episode, I’m joined by author, speaker, podcasting expert, and entrepreneur Tom Schwab in an interesting discussion about podcast marketing and how you can use business podcasting to your advantage.Podcasting has been around for a while, and lately, there have been a lot of new podcasts launched that some people fear we're at the precipice of information overload. While business podcasting may be something you’ve considered, you might be thinking that the podcast marketing boat has sailed away and left you behind. Well, according to Tom Schwab, now is actually a great time to start podcasting because the number of high-quality podcasts that exist out there is much lower than expected. In addition to this, listenership is actually on the rise. Put those two factors together, and you have the perfect recipe for a worthwhile venture.Many businesses are great and have wonderful offerings but are sim

We've all seen and heard that part of being a CEO is dreaming big. But what CEOs often struggle with is actually executing goals on a daily basis. You can dream as big as you want, but until you learn how to take daily action, you’ll never become truly successful.Thinking small is a skill that goes neglected by most entrepreneurs. But it's crucial to growing a business.Jeff Bezos is a great illustration of someone who has been able to strike the balance between big dreams and small thinking. He knew from the beginning that Amazon was going to be big. Even the name “Amazon” was deliberately chosen for its grand connotations.But Bezos, despite dreaming big, started with books. He wanted to sell products all over the world, but he started with just one. With that single focus, he kept executing goals until he reached the place he’s at today.On the other hand, diversification is often a symptom of someone being insecure about their business. It’s a common tendency for entrepreneurs to talk about diversi

Can you run purpose driven businesses or purpose driven organizations WHILE delivering value and profit to your company? In today’s episode, I talk to Katie Burkhart, founder and CEO of MatterPulse, about doing business with purpose profitably. Lately, there has been so much misinformation going around about purpose driven businesses. The perception is that running purpose driven organizations automatically means you can’t make profit. How true is this?You have to understand that the point of focus of your business is what actually determines whether it is a business with purpose or not. Historically, businesses were run to make money, and very little consideration was given to the necessity of employee satisfaction, social awareness, and social impact. The truth is that purpose driven businesses and purpose driven organizations are all about inspiring people to get up every morning to contribute to them and to do business with them. For this reason, the “why” of your business is just as important as the “how

Habit number two in “The 7 Habits of Highly Effective People” is to start with the end in mind. I always say that this book by Stephen Covey is a must-read for entrepreneurs. And in this video, I talk about why this habit #2 is particularly important to put into practice, and how relevant it is to reaching business goals.Would you get into your car and just drive without knowing your destination? Would you repeat that every day? I’m guessing the answer is NO.And as crazy as it sounds to get into a car without a destination, that’s exactly how most people drive their businesses. Not many people think about defining their final destination. What does it actually look like to reach your business goals?When they start a business, it's either because they've had a good idea, or they’ve had a bad work experience. At first they do it to replace their income, which is absolutely fine. But then they get into the habit of just driving aimlessly, day in and day out. A lot of entrepreneurs fall into this trap.S

In today’s episode, I’m joined by Dave Mason, the author of The Size of Your Dreams, as we discuss how you can make your life extraordinary by manifesting your goals and reaching goals, even after the devastation of the Covid-19 Pandemic.The Size of Your Dreams was written after Dave was faced with a situation where he’d invested more into his property than what he could sell it for. After realizing that selling the house would be a challenge, he made up his mind to sell it anyway and set a deadline for himself.After managing to sell the house at the price he desired and on the date which he had set it on, he realized that everything he had envisioned has happened. This showed him that reaching goals, no matter how massive, is possible if you envision and manifest them. After the financial and emotional displacement encountered by so many people during the pandemic, it seems that it’s become more difficult for people to dream, set goals and manifest. So, how can people start to dream again and manifest their

Are virtual events going to disappear once the pandemic eases up? In this conversation with Blue Melnick and Bari Baumgardner, owners of Sage Events Management, they weigh in on the future of online events and offer up some useful insights.It was clear right from the beginning of the conversation that both Blue and Bari are convinced that online platforms are here to stay. Why are they so confident?One reason is the magnitude of the shift that happened as a result of the pandemic. Things aren't going to go back to how they were before. They’ve simply changed too drastically and people have gotten used to the new normal.You see, people realize that they can have a global reach and increase their profits through online events. Not only that, but virtual events are so widely accepted now that people are ready and willing to engage with what was once completely foreign to them.Now, do we lose something when an in-person event gets adapted to an online platform?Not necessarily. In-person events have always ha

Is real estate still a great way to create wealth?The straightforward answer: YES, building real estate wealth and creating more real estate revenues is still very possible! In today’s episode, I talk to property appraiser and real estate expert, Bobby Jones, about creating wealth through real estate opportunities. When Bobby left college, he was presented with an opportunity to enter the real estate world by a real estate appraiser who took him under his wing and encouraged him to keep at it. He’s never looked back since, having grown the biggest real estate appraisal business in Alabama with clients all over the US. Despite the challenges, real estate is a very lucrative business with many different segments that you can enter at any time, even with a limited amount of knowledge. Currently, property prices have skyrocketed, which makes it an easy decision to make. However, you need to find a way to do real estate smartly for you to make sustainable real estate revenues. Keep watching this video to see how y