Developing a Business Growth Mindset with John & Connie Kuder
Episode Summary –
Your mindset can affect the outward manifestations of a business. The foundation of this mindset comes from what you think and say about yourself.
If you are confident and maintain a good attitude, you will be more likely to attract the right people who will help grow your business. You’ll also be more willing to take risks and pursue opportunities you might not have considered.
This could be a challenge to multigenerational businesses that need to be more vigilant with changes. The world of business is becoming smarter and more data driven. Businesses now have access to countless data points from both inside and outside their organization. And with all this information, the business landscape and the roles of employees and entrepreneurs are changing. For multigenerational businesses to adapt, they must understand how these changes will impact them.
In this episode, John & Connie Kuder shares some coaching tips for empowering multi-generational family business members to remove family friction and recover its hidden costs, lost time, and wasted energy. We also talk about the limitations of small businesses and how the mindsets of business owners affect their business’s growth, the changing business environment, and why multigenerational businesses need to adapt to grow.
Snapshot of the Key Points from the Episode:
[03:48] How John & Connie got into the coaching space, and what motivated them.
[06:05] How do they get into the mindset and inner work with their clients?
[12:11] Overcoming the fear of trying.
[13:53] How your mindset affects the outward manifestations in a business.
[17:00] Reasons why generational businesses have a higher rate of failure.
[21:39] Creating a lasting change for your clients and avoiding being transactional.
[26:01] How the world of business is becoming smarter and data-driven, and why do multigenerational businesses need to adapt.
[32:05] The cost of business growth and scaling up
About John and Connie Kuder –
John and Connie Kuder are the husband-and-wife owners of Kuder Consulting Group. They help multi-generation family business owners meet the challenges of family dynamics in the business and “ditch the drama.”
Both grew up in a multi-generation family business and had a lifetime of experience in their own family business and working in those of other families. They have seen the good, the bad, and the ugly first-hand.
Like most small business owners, they were not trained in the soft skills required to balance the often-competing demands of family and business. Once they found the rare skills and methods they needed and proved them effective in their own life, they felt compelled to help other business owners and spare them the pain they had endured.
- Built to Sell: Creating a Business That Can Thrive Without You by John Warrillow: https://www.amazon.com/gp/product/B004IYISQW/
- The E-Myth Revisited: Why Most Small Businesses Don’t Work and What to Do About It by Michael E. Gerber: https://www.amazon.com/gp/product/B000RO9VJK/
How to connect with John and Connie: