Episode 50 - Visioning for Entrepreneurs: Talking with Steven Wilkinson, Leadership Coach

HIGHLIGHTS 05:41 SMEs need fluency in the language of business 10:28 Cash flow statements: 2 interpretations by business owners and investors15:59 Small Giants is for companies who choose to be great instead of big22:21 Visioning: Envisage what success is in a specific time in the future28:31 Write frustrations and their inverse, score self in key attributes and where they are at the point of visioning vs 2 years ago, and determine company guiding principles37:45 Create slice teams, send to advisers and get feedback, and then publish41:30 Be specific about financial success47:31 Connect with StevenQUOTES06:22 "What I've realized is that discomfort and the lack of understanding around the point of finance and how to read to balance sheet and why it matters and how to use numbers to tell the story of the business is it seems to be a universal issue."18:58 "There is a lot of psychological research or systemic research gone into why families are... fundamentally different from businesses. And then, if you start mixing or conflating the two, then you get into tremendous difficulty because nobody really knows who they are anymore in the system."19:54 "I think family values of respect and decency and some sort of equanimity, they have their place in a business, but business, a really sound business culture, will recognize that it's run on entirely different rules."43:59 "All I'm saying is why don't you just start at the end and work the goals back from there, rather than just putting up the goals and saying, I'm going to do this quarter's goals and ] next quarter's goals, and next quarter's goals."To learn more about Steven, you can check out the links below.LinkedIn - https://www.linkedin.com/in/stevenknwilkinson/Email - [email protected] - http://www.goodandprosper.com/If you enjoyed today’s episode, please subscribe, review and share with a friend who would benefit from the message. If you’re interested in picking up a copy of Jonathan Goldhill’s book, Disruptive Successor, go to the website at www.DisruptiveSuccessor.com. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.