In this episode of the Get Business Smart podcast, Tony Bradshaw interviews Chip Higgins, CEO and founder of Bizix LLC. They discuss Chip's extensive banking career, the importance of understanding debt, and the transition to entrepreneurship. Chip shares insights from his book, 'Bizix Way,' which focuses on helping small businesses achieve momentum through a framework of energy, direction, and mass. The conversation emphasizes the significance of planning, leveraging opportunities, and maintaining energy in business.

TAKEAWAYS

• Chip Higgins has a four-decade career focused on helping people reach higher performance levels.
• Understanding the difference between good debt and bad debt is crucial for business success.
• Timing is essential when leveraging debt for business opportunities.
• The formula for momentum in business is mass times velocity.
• Small business owners must have a clear plan and adjust it as needed.
• Energy and direction are critical for maintaining business momentum.
• Building strong relationships with banks can lead to better financing opportunities.
• The Bizix Way offers a framework for small businesses to achieve consistent momentum.
• AI can enhance accessibility to business coaching and resources.
• Community and support are vital for small business owners.

CONNECT WITH CHIP HIGGINS AT chiphiggins.com

Get Business Smart Coaching helps entrepreneurs and leaders build better businesses and better lives on purpose with purpose.

Learn more about Get Business Smart Coaching at TonyBradshaw.com