Preview Mode Links will not work in preview mode

Financially Simple Bizcast

The Financially Simple podcast is your one-stop resource for small business owners. Gain unique insights into growing, refining, and selling businesses. You will hear ways business owners have reduced their tax liabilities, increased their income, improved office morale, saved for the retirement of their dreams, and more.
Host Justin Goodbread is a serial entrepreneur, award-winning CFP® (Certified Financial Planning professional), CEPA® (Certified Exit Planning Advisor), and CVGA® (Certified Value Growth Advisor) with years of experience guiding business owners from start to exit in their business.

Jun 18, 2018

In episode 65 of Financially Simple's Growing a Business series, Justin looks at maintaining objectivity in your business to maintain its growth.

A lack of objectivity can lead to complacency, and that can lead to stagnation and limited growth. Justin considers what maintaining objectivity means as a business owner, why it’s important, and how as a business owner you can keep being objective about your business.

Don’t forget to subscribe, and let us know how we are doing by leaving a review. Thanks for listening!


00:34 - You have lost Objectivity in your Business

03:57 - Defining “Objectivity”

05:40 - Self-Assessing Questions

05:52 - Have you ever over-reacted to a situation at work?

07:09 - A Bold Statement

08:10 - Example

10:29 - Over-familiarity leads to stagnation

13:10 - One of the main reasons why businesses fail

14:46 - Results of Losing Objectivity

18:46 - To change the future we must disrupt the present



Financially Simple

Financially Simple on YouTube

Financially Simple on Facebook

Financially Simple on Twitter

Definition of “Objectivity” - Strategic Issues in Entrepreneurial Venture



Neither Financially Simple, LLC nor its affiliates offer tax or legal advice. Interested parties are strongly encouraged to seek advice from qualified tax and/or legal experts regarding the best options for your particular circumstances. Justin Goodbread, CEO of Heritage Investors, LLC, a Registered Investment Advisor, is an Investment Advisor Representative who offers advisory services through Heritage Investors. The information contained within the podcast is for informational purposes only and not considered investment advice. Seek help from a competent Financial Advisor.