『456 | Fix the Broken Child in You So You Do Not Break the Child That Comes From You. Rick Jordan on Business and Family.』のカバーアート

456 | Fix the Broken Child in You So You Do Not Break the Child That Comes From You. Rick Jordan on Business and Family.

456 | Fix the Broken Child in You So You Do Not Break the Child That Comes From You. Rick Jordan on Business and Family.

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Connect With ChazRick Jordan's IPO deal fell apart eight times in the five days leading up to it going through. Every time there was an impasse in the contracts or the terms, his response was not to choose between two bad options. It was to find the third option that nobody had thought of yet. Every time it almost broke, it came back together. It went through. That is not luck. That is a twenty-year mindset built around refusing to accept binary choices as final.Rick is a serial entrepreneur with 78 employees, runs his own podcast, builds and acquires companies, and has been through enough hard seasons to know the difference between difficulty and forcing. In this conversation with Chaz Wolfe, Rick breaks down how to know when to press and when to pivot, the neuroscience behind why self-limiting beliefs persist, his rule of thirds financial framework for running a profitable service-based business, and what he has learned from his kids about what proximity actually does in a family.Key Takeaways:Difficulty and forcing feel different in the body. Difficulty is felt in the gut. Forcing feels like constriction in the chest. Learn to tell the difference before you quit something that just needed another thirty seconds.If you are bumping into difficulty, the question is how, not why. If you are ignoring obvious signs that say stop, that is different. The discernment between those two takes either experience or honest self-reflection.Most entrepreneurs fall short right before the breakthrough. Rick's IPO deal fell apart eight times in five days. Every impasse had a third option that made the deal work. Binary thinking is almost always the problem.Fear pisses Rick off. In a good way. When he feels scared, he uses it as a signal to act. The only way to solve fear is action. You do not need to know step seven. You just need to take step one.Neural pathways strengthen with repetition. Every time you return to a limiting thought, you reinforce the neural connection. Every time you challenge it and choose a different narrative, you weaken it. This is neuroscience, not woo.Fix the broken child in you so you do not break the child that comes from you. Your unresolved emotional issues show up in your parenting, in your leadership, and in how safe your kids feel around you.Proximity is the number one parenting strategy. From the time Rick's twins were two months old, if he needed to run any errand, he would grab one of them and bring them along. That pattern created the relationship where his sixteen-year-old still cries in his arms after a performance and asks if she can come along to the store.The rule of thirds: cost of goods sold should be a third of top-line revenue. Overhead and SGA should be another third. Net operating income should be the remaining third. If you can structure a service business this way and still pay yourself as an owner inside that overhead, you have a real business.From net operating income, reinvest half back into the business. New assets, new services, a salesperson, something directly tied to more top-line revenue. That is how growth is funded without burning the business.You cannot do any of this if you are running a 10 percent net operating income. Structure the rule of thirds first, then scale.If you are a contractor business owner doing $1M+ and you feel stuck in the day-to-day, we built GTK for you.Through peer mastermind and 1:1 coaching, we help you:increase profitinstall real systemsbuild a team that runs the businessget your time backVisit www.gatheringthekings.com for information on how to apply.Connect with Chaz Wolfe (Host):WebsiteFacebookInstagramLinkedInYouTubeProfit Starts with Better Books!Clean books. Clear reports. Monthly bookkeeping built by business owners, for business owners.Disclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.Support the showLike what you heard? Share this episode with a friend and leave us a review on Apple Podcasts or Spotify! Join the conversation by visiting GatheringTheKings.com and apply to connect with other high-performing entrepreneurs and their families.
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