EP014: Transformational Business Improvements through Coaching with Andy Bailey

Commanding Business

Becoming self aware and recognizing your strengths and your weaknesses as a leader can ultimately make or break your business. Delegating tasks, sharing your vision and investing in your employees will give you more time to do what you are good at and will empower your employees to be productive on their own. Continually tearing down systems and processes with the goal of never doing useless items again will catapult you to reaching your well defined, one desired metric.

Key Takeaways:

[1:05] Andy wanted a business with residual income and found it with pagers

[3:45] I wanted to build a lifestyle business which took care of itself

[4:45] Andy had difficulty delegating and was a dictator in business

[6:52] Issue’s with a singular power hungry vision

[8:20] DIY implementation of the Rockefeller Habits

[9:40] The process is more than a checklist, it takes time and due diligence

[11:00] Translating a 50 page ardent document into a one page goal sheet

[13:42] Giving people the proper credit and helping to define their roles

[15:22] Two-weekers include checking in to verify productivity levels

[18:29] Setting the tone of vulnerability and authenticity as the leader

[20:48] Differences between micro managing and true managing

[21:59] Setting clear expectations and guiding people

[23:53] Learning to build a business, not just having a job

[24:52] An example of a coaching call

[27:50] Identifying strengths through DiSC

[28:55] Investing in the professional development of your team by 10%

[30:55] Tearing down systems and processes

[32:36] Figuring out your one metric to improve upon i.e. Moneyball

[36:10] CEO’s are looking to solve different issues but ultimately increasing revenue

[36:41] X factor is generally an industry bottleneck

[38:29] How does a company start, try PACE

[40:12] How to get in contact with Andy

Mentions:

PetraCoach

AlignToday

EO

RockefellerHabits

DiSC

Nuts!

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