Download Your Free Business Growth Toolkit: https://mauimastermind.com/toolkit Want practical advice for your business? This video shares valuable business tips and insights from a seasoned business coach. Learn key strategies for effective leadership and cultivating a strong business mindset as an entrepreneur. Discover how to implement a winning business strategy to propel your venture forward and achieve lasting success. ----- Links Website: mauimastermind.com/ Facebook: facebook.co...

Download Your Free Business Growth Toolkit: https://mauimastermind.com/toolkit In this episode of The Business Coach podcast, host David Finkel is joined by Mark Watson, a former coaching client and successful serial entrepreneur. Together, they delve deep into effective team management strategies. The episode highlights the importance of asking the right questions, listening from the right framework, and the distinction between 'role players' and 'grow players.' They share insights on how t...

In this episode of The Business Coach podcast, host David Finkel dives into the crucial financial KPI, gross profit margin. He explains how understanding and leveraging this metric can significantly increase business profitability. David shares real-life examples, practical advice, and actionable strategies for identifying the most profitable products, clients, and services. He also highlights the importance of benchmarking and how to set up your accounting software to track gross profit effe...

In this special episode of The Business Coach Podcast, host David pays tribute to his late friend and mentor, Jason Jennings, a renowned author and business consultant. David reflects on Jason's impact and shares valuable insights from Jason's acclaimed book 'Less is More.' He discusses the power of integrating strategy into company culture and offers practical examples of how these ideas have transformed his own business and that of his clients. The episode emphasizes the importance of livin...

Links Website: mauimastermind.com/ Facebook: facebook.com/MauiMastermind/ Instagram: instagram.com/mauimastermind/ LinkedIn: linkedin.com/company/maui-mastermind

In this episode of The Business Coach podcast, host David Finkel is joined by special guest and seasoned business attorney Gassman. They discuss the key legal fires that high-revenue companies (50-150 million USD annual revenue) face, and how to mitigate these risks. Topics include addressing accidents, compliance issues, disputes, and divorce. Alan shares insights from his 41-year career in business law to help business owners protect their ventures and personal assets, emphasizing the impor...

In this episode of The Business Coach hosted by David Finkel, practical advice and actionable insights are shared on how to effectively negotiate leases for your business. David explains why execution of strategies is often more crucial than knowing what to do. The episode breaks down seven key coaching tips, covering topics like understanding market rates, starting negotiations early, cultivating options, and being aware of personal guarantees. Real-world examples of lease negotiations invol...

Explore Maui Mastermind's unique approach to **coaching** and **business strategy**, designed to empower **entrepreneurship**. Learn how their expert **business coach** helps clients achieve **financial freedom** and implement effective **business tips** for sustainable growth in their **coaching business**. ---- LinksWebsite: mauimastermind.com/Facebook: facebook.com/MauiMastermind/Instagram: instagram.com/mauimastermind/LinkedIn: linkedin.com/company/maui-mastermind

Join host David Finkel in this week's episode of the Business Coach podcast as he welcomes back Kevin Bassett, owner of Bassett CPA firm, to explore the damaging financial mistakes business owners make both inside and outside their companies. Learn how to avoid these pitfalls and enhance your business's profitability and your personal wealth. This episode offers actionable insights on strategic expense management, allocation of capital, and the importance of having a financial plan. Kevin als...

In this episode of The Business Coach Podcast, host David Finkel sits down with Rich Wood, the Coaching Director for Maui Mastermind. They dive deep into recognizing when you have the wrong team member and making necessary adjustments. Topics include preempting bad hires through better hiring practices, tools for spotting performance issues early, having tough conversations, and effective employee check-in strategies. Rich also shares client success stories and practical advice for business o...

In this episode of the Business Coach podcast, host David Finkel discusses the critical aspects of hiring the right people for your business. Through real-life examples from coaching clients Susan and Carlos, David highlights common mistakes such as rushing the hiring process and not having a structured approach. He explains the importance of taking the time to define the role clearly and selecting candidates with essential must-have qualities. David also offers practical tips for assessing r...

In this episode of the Business Coach Podcast, host David Finkel discusses the various options for exiting your business, including selling, scaling, transitioning to a passive role, or passing it on to heirs. He shares insights into factors to consider, such as personal enjoyment, the future sustainability of the business, and its growth rate, to help you make the best decision. Using real-life examples and client stories, Finkel emphasizes the importance of optionality and making informed c...

In this episode of the Business Coach podcast, host David Finkel sits down with seasoned CPA and entrepreneur, Kevin Bassett. Together, they explore the nuances of selling a company, especially to private equity firms. Kevin shares invaluable insights from his experience advising over 300 successful business exits, delving into the importance of always being sale-ready, understanding private equity strategies, and preparing for the due diligence process. Listen in to learn how to navigate com...

Join host David Finkel on The Business Coach Podcast for an insightful conversation with serial entrepreneur and philanthropist Jeff Hoffman. Learn how to achieve rapid and exponential growth in your business, the importance of spending time with your customers, and how to overcome growing pains as you scale. Jeff shares his inspiring journey from founding a company in college to co-founding Priceline.com and his ongoing nonprofit endeavors. Don't miss this valuable episode packed with action...

In this episode of the Business Coach podcast, host David Finkel addresses the critical issue of inconsistent information storage within organizations. David shares real-life examples of communication challenges faced by a company with over 250 employees and underscores the necessity of standardizing data storage to avoid operational inefficiencies. With practical advice and actionable steps, he explains how companies can ensure that intellectual property and valuable work products remain acc...

In this episode of The Business Coach Podcast, host David Finkel delves into the intricacies of pricing strategies with Rich Wood, the coaching director for Maui Mastermind. They discuss how to intelligently set prices using three key strategies: pricing from the inside out, the outside in, and value-based pricing. They also address the common fears businesses have around raising prices and share actionable insights on how to handle price increases without losing customers. Additionally, they...

In this episode of The Business Coach Podcast, host David Finkel explores the significance of internal controls in businesses and how they provide essential guardrails for success. He defines internal controls as specialized business systems that protect and inform leaders and doers, allowing for efficient and effective operations without micromanagement. Finkel categorizes internal controls into procedural, visual, and embedded types and provides real-world examples of each. He emphasizes ho...

In this episode of the Business Coach podcast, hosted by David Finkel of Maui Mastermind, we explore why relying on hustle alone won't scale your business. David shares his journey from hustling in his early business days to implementing effective business systems, strategic structures, and scalable practices that drive growth beyond the $1 million mark. Learn the four key elements of scaling out—systems-driven approach, internal controls, ownership delegation, and strategic structure—to tran...

Join David Finkel in this week's episode of the Business Coach Podcast as he explains how to effectively hire, engage, and get the best results from an outside marketing firm without getting ripped off. David shares actionable insights and a step-by-step process including selection, clarifying promises, recapping agreements, and holding firms accountable. Learn how to protect your investment and ensure you get high-quality results from your marketing vendors. 00:00 Introduction: Avoiding Mar...

In this episode of The Business Coach Podcast, host David Finkel and coaching director Rich Wood dive into strategies for proactively investing in your team to achieve scalable business growth. They discuss the importance of identifying key employees (grow players) versus role players, effective training methods, and how to measure the return on these investments. Rich shares insights from his 30-year business career and 20 years of coaching experience, emphasizing the value of being a lifelo...