EP 065: Personal Profit Killers

Last week I released a podcast on business profit killers.

This week, I want to talk about how YOU and YOUR life can destroy your business’s profits.

I am no exception to this.
Let me share a story from last week…

One of the things I love to do when I finish work for the day is play with my three-year-old son, Jack.

He is going through a truck stage atm.

So when I’m done with business for the day, I will come out of my office and head straight to him.

We have a large playmat with his trucks, blocks, and a heap of kid’s tools.

Now on this day, we decided his dump truck needed a “tune-up”.
He was concerned the wheels were not on correctly and we needed to fix it now!

Of course, I was all in on this mission.

As we lay down on the mat and began the repair work, Jack grabbed a screwdriver and started adjusting the wheel.

He then put that screwdriver in his mouth while he spun the wheel on the truck.

The wheel was spinning beautifully now that we had tuned it up.

He then took that screwdriver and put it in my mouth.

When he did it, I knew what was going to happen.

I was about to lose the rest of my week to sickness.

And sure enough, it turned into a complete wipeout event.

I lost my voice to a throat infection and could not speak for three days.

In those three days, I got nothing done in business.
I also had to cancel podcast recordings.

It has also made this week carnage as I am still attempting to catch up.

Here is a photo of the truck and screwdriver that got me!

Anyhow, what I want you to take from this…

The choices I made in my personal life directly impacted the profits of my business.
The time I lost being sick and the week after

Now, I’m not saying don’t have kids or don’t have a personal life

But you can certainly mitigate things that lead to getting sick or coming to business run down.

In this week’s episode of the podcast, Grant and I discuss the PERSONAL profit killers.

The things you do in your personal life to destroy profits.

All information we share is NOT financial or investment advice and is purely intended for entertainment and educational purposes only. Always seek professional advice before acting on any financial decision.

Episode Highlights:

00:00 Welcome to Business and Investing
01:56 Why Should We Talk About Profit Killers?
03:02 Poor Health Lowers Your Productivity
06:19 How to Kill Your Profit Using Your Health
07:33 Doing Things vs. Doing the RIGHT Things
09:40 Can We Avoid Burnout?
10:56 How to Extend Your Sickness
12:14 How to Approach Life Dramas
14:09 Life Dramas: Can We Ever Get Away With It
23:56 Fixing Your Business Problems Using Personal Development
32:09 How Can Unhealthy Relationships Affect Your Business
36:28 Getting Serious About Building Your Reputation
41:00 First Impressions Are Important (More Than You Think)

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