How To Be Moderately Successful.

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5 of 42

EP42 A practical approach to harnessing AI as a SMB
Send us a textIn this conversation, Mike discusses the practical implications of AI for small and medium-sized businesses. He emphasises the importance of organising data effectively, integrating AI into business processes, and maintaining originality and emotional intelligence in leadership. Scott highlights the need for businesses to adapt to technological changes while also recognising the enduring human elements that drive engagement and connection.takeawaysAI is not just for tech experts; it's for everyone.Organizing data is crucial for effective AI implementation.Appoint a data champion in your business.Design where AI fits in your processes.Run experiments to understand AI's impact.Creativity should come before AI assistance.Emotional intelligence is vital in the digital age.One-on-one meetings should focus on connection, not just performance.Recognize what will remain constant amidst change.Leaders must adapt to both technological and human needs.Chapters00:00Introduction to AI in Business05:36The Role of Humans and AI Collaboration11:38Emotional Intelligence and LeadershipkeywordsAI, small business, data organization, emotional intelligence, originality, business processes, leadership, technology, productivity, change managementFind out more about working with me or about applying to join the ILN. [email protected] https://www.linkedin.com/in/mikeadamscott/ https://theintentionalleaders.com/
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EP41 Three things that hinder lasting change
Send us a textIn this episode, Mike delves into the art of sustainable change, exploring how small, manageable habits can lead to significant results. Drawing from personal experiences and coaching insights, Mike discusses the importance of systems over sheer willpower and the role of identity in achieving lasting transformation. Tune in to discover practical strategies for implementing change in both personal and business contexts.Find out more about working with me or about applying to join the ILN. [email protected] https://www.linkedin.com/in/mikeadamscott/ https://theintentionalleaders.com/
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EP40 A 'call out the assumptions' culture.
Send us a textIn this episode, Mike Scott dives into the importance of challenging assumptions in business. From personal anecdotes to practical advice, Mike explores how identifying and questioning assumptions can lead to better decision-making and a more resilient company culture. Tune in to discover how embracing this mindset can transform your business processes and foster a culture of psychological safety.Find out more about working with me or about applying to join the ILN. [email protected] https://www.linkedin.com/in/mikeadamscott/ https://theintentionalleaders.com/
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EP39 Navigating Personal Growth as a Business Owner
Send us a textsummaryIn this conversation, Mike Scott and Simon Hareb discuss the creation of the Intentional Leaders Network, a program and community designed for business owners who have experienced success but seek to integrate intentionality into all aspects of their lives. They explore the challenges leaders face, the importance of accountability, and the process of self-discovery that the network facilitates. The conversation emphasizes the need for a supportive community and the tools that can help leaders achieve personal and professional growth.TakeawaysThe Intentional Leaders Network aims to support business owners in integrating their personal and professional lives.Leaders often struggle with alignment between their values and actions, which the network seeks to address.Intentionality is crucial for sustainable leadership and personal growth.The program includes a pre-work phase to help individuals reflect on their values and goals.Cohorts provide a supportive environment for leaders to share experiences and hold each other accountable.The offsite experience is designed to facilitate deep self-reflection and clarity on personal identity.Participants are encouraged to confront hard truths and commit to their growth journey.The network is specifically for business owners who are ready to invest in their personal development.The process is iterative, allowing for continuous growth and adaptation to changing circumstances.Community and accountability are key components of the network's success.Chapters00:00Introduction to Simon and Context of the Conversation03:11The Intentional Leaders Network: Concept and Purpose06:06Identifying the Target Audience and Their Needs09:10The Importance of Intentionality in Leadership11:58The Process of Self-Discovery and Growth14:55The Offsite Experience: Tools and Techniques17:52Building a Supportive Community for Leaders20:59The Role of Accountability in Personal Growth23:49Defining the Ideal Participant for the Network27:09Final Thoughts and Call to ActionWant to connect with [email protected]://www.linkedin.com/in/simonhareb?utm_source=share&utm_campaign=share_via&utm_content=profile&utm_medium=ios_appFind out more about working with me or about applying to join the ILN. [email protected] https://www.linkedin.com/in/mikeadamscott/ https://theintentionalleaders.com/
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EP38 - Why Equal Equity Splits Often Fail, And How to Do It Right
Send us a textIn this conversation, Mike discusses the critical importance of having open and honest discussions about equity distribution among co-founders when starting a business. He emphasises that while many assume a 50-50 split, this often leads to complications later on. Drawing inspiration from the book 'Slicing the Pie', he outlines a structured approach to fairly allocate equity based on contributions such as cash, time, resources, and intellectual property. By tracking these contributions and applying multipliers based on scarcity, co-founders can engage in meaningful discussions about equity that foster trust and transparency, ultimately leading to healthier business relationships.TakeawaysEquity discussions should happen early to avoid complications later.Assuming a 50-50 split can lead to resentment and conflict.Using a structured approach helps in fair equity distribution.Tracking contributions is essential for transparent discussions.Multipliers can reflect the scarcity of contributions.Difficult conversations are necessary for building trust.A Google sheet can simplify tracking contributions.Equity discussions should be based on data, not emotions.Building a high-trust relationship involves open communication.Avoiding difficult conversations can harm future partnerships.Chapters00:00The Importance of Equity Discussions02:11Mechanisms for Fair Equity Distribution06:46Tracking Contributions and Future Discussions11:03Building Trust Through TransparencyHere is the book reference: https://slicingpie.com/book/Find out more about working with me or about applying to join the ILN. [email protected] https://www.linkedin.com/in/mikeadamscott/ https://theintentionalleaders.com/
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About How To Be Moderately Successful.

Building a business is hard. Maintaining healthy relationships with those that you care about is hard. Staying fit and healthy in your body, your mind and your emotions is hard. This podcast is about finding and sharing tools, strategies and experiences that may help you to achieve and maintain moderate success in your life, whatever that means to you. There is a ton of content created by the billionaires, the ultra successful athletes, and by people that are at a level that the vast majority of us will just never get to. And if you're anything like me, you're totally okay with that. This is a place where we talk about how to build a great business, but not necessarily a massive one. A place to talk about how we build a life that is balanced and integrated, but not necessarily optimised to levels that are not realistic for most of us. In short, it's a place where we explore how to be moderately successful. The work will always remain yours, and for the most part, it's simple, but not easy.I sincerely hope it's valuable to you.-MikeIf you want to talk about working with me get in touch on [email protected] or https://www.linkedin.com/in/mikeadamscott/

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Business Entrepreneurship Management