Reinventing Entrepreneurship through Effective Systems and Financial Management with Tammy Johnston | EP183
“Systems run the business and people run the systems" - Michael E Gruber.
EP 183
In a riveting conversation with business coach Tammy Johnston, we explore the crucial role of foundational business systems and schedules in business success. Tammy highlights the importance of having a daily and weekly schedule, sharing the secret weapon of a paper calendar for planning and visualizing your goals. Her approach not only advocates for a rigid system but emphasizes the need for flexibility in response to the constantly changing business world and personal time constraints.
Whether you're already running a business or still grappling with your systems, this conversation holds valuable insights. Tammy's hands-on approach as a business coach involves walking you through your entrepreneurial journey, ensuring you have the necessary skills to navigate the challenges that come with running a business.
As we shift gears to the financial aspect of your business, Tammy illuminates how understanding your numbers can be a game-changer. Regardless of whether you use a CRM, a spreadsheet, or a bookkeeper, keeping your finances on track is paramount. We delve into how tracking your cash flow hourly can help determine the best time to open your business. This strategy allows you to adjust your operating hours to align with peak cash flow times, enhancing profitability.
Understanding your numbers also equips you to plan out your marketing strategies effectively. By tracking your cash flow and understanding your business's peak seasons, you can schedule your marketing efforts for maximum impact. This strategic planning is an essential part of optimizing your business's performance and profitability.
Beyond the number-crunching and scheduling, Tammy provides practical tips for entrepreneurs. She introduces her self-assessment tool, which helps entrepreneurs identify their strengths and weaknesses, facilitating the creation of a personalized plan for success. In addition, Tammy shares her favorite book, her go-to snack, and her ultimate me-time activity, adding a personal touch to the conversation.
The insights offered by Tammy are not just for new entrepreneurs but also for those who have been in business for a while. Regardless of how long you've been running your business, there's always something to learn. From understanding the basics of business systems to tracking cash flow and planning marketing strategies, this episode is a goldmine of information.
The key takeaway from this episode is the importance of mastering your systems, schedules, and understanding your numbers. These elements are fundamental to running a successful business, and with the right tools and guidance, you can master them too. So, tune in, take notes, and take the first step towards mastering your business.
Until next time
Bye For Now!
Show notes Links
Connect with Tammy
Instagram
Facebook
LinkedIn
Website
Your Free Gift Self-Assessment
Access my FREE Masterclass Understanding the Power of Podcasting ~ Register Here
Support the show - Buy me a cuppa
Read from my Book Shelf & My Guests BookShelf
Join me on insta @donna_eade_
Join the Pod Squad group on FB in the podcast group
Want to Guest? Apply here >>FORM
Want to learn how to land more guest appearances and turn them into ultimate lead generators for you? Check out Hell Yes Guest Here
Products/Services I recommend:
FEA Create Simple all-in-one web, CRM, email system
For graphics Canva
For Email Convert Kit
Want to grow your Email List check out List Builders Society I have LBS and I thoroughly enjoyed working through this course
Want to start a podcast take the QUIZ and find out which show type would best suit you.
Edited and produced by Donna Eade
Affiliate Disclaimer: Some links above may be affiliate links which means I might earn a small commission if you choose to buy at no extra cost to you. Thank you for your support 😊
Join the Facebook Group to continue the conversation or Join the PodSquad notification crew for email updates
