Latest / The 3Bz Podcast - Building Better Business / EP163 - What Actually Happens Behind the Scenes in My Business
Transcript
- 0:01Hello and welcome to the Three BS Podcast where we go beyond
- 0:05the numbers and get into what actually makes a business work.
- 0:08I'm your host Stephanie Marshall, founder of ABCSUKA,
- 0:11Multi award-winning boutique finance and systems partner.
- 0:15I help business owners who've outgrown the basics bring
- 0:18clarity, structure and proper systems into their business so
- 0:21things finally feel in control. If you want more clarity, more
- 0:25confidence, and a business that doesn't feel like constant
- 0:28chaos, you're in the right place.
- 0:31Each week we tackle real problems, answer the questions
- 0:33you're probably already thinking, and give you practical
- 0:36steps you can actually use in around 15 minutes.
- 0:40So if you're ready to build a Better Business with confidence
- 0:42and clarity, then let's go. Hello and welcome back to
- 0:47another episode of The Three BS Podcast, your go to place for
- 0:50around 15 minutes of motivation, education and inspiration to
- 0:55help you build a Better Business each week.
- 0:58If we haven't met before, hi, my name is Stephanie Marshall.
- 1:01I'm the founder of ABCSUK. I'm multi award-winning boutique
- 1:05finance and systems partner and I help grown businesses who have
- 1:09outgrown their bookkeeper move from messy reactive finances to
- 1:12clear structured numbers and systems they can actually use to
- 1:16run their businesses properly. Because I really care about the
- 1:19people behind the businesses, not just the numbers.
- 1:23Now, today's episode is a little bit different.
- 1:25Because I want to take you behind the scenes of my
- 1:28business. Not the polished version.
- 1:30Not the version that looks neat and tidy from the outside.
- 1:33The actual version. Because one of the biggest
- 1:36problems in business is comparing your reality to what
- 1:39you think someone else's looks like from the outside.
- 1:42A business like mine might look organised, calm, structured,
- 1:46like everything is under control.
- 1:49And to an extent yes, but not because it's perfect, because
- 1:53it's intentional. And I think this is the biggest
- 1:56misconception. People assume that some business
- 1:59owners are just naturally organised, naturally productive,
- 2:03naturally good at managing things, and I'm not.
- 2:08What you're seeing is built. It is definitely not natural.
- 2:13For example, I recorded 8 episodes of the podcast this
- 2:17morning and the mic didn't work for any of them.
- 2:21So we're re recording, we're taking two and this is just a
- 2:26way of me showing you one example of things.
- 2:30Don't always go to plan, but what you will see is every
- 2:32episode go out every Thursday as normal behind the scenes.
- 2:37I do not rely on memory, I do not rely on motivation and I
- 2:42definitely don't rely on I'll remember to do that later
- 2:45because I know that doesn't work.
- 2:47I've made the mistakes, I've learned the hard way.
- 2:50So instead I build things so I don't have to think about them
- 2:53constantly. I like to remove that mental
- 2:56load. If something happens more than
- 2:57once in my business, it gets turned into a process, even if
- 3:02it's simple, because repeating something without the system
- 3:06just creates friction every time.
- 3:08If you've listened to the podcast before, you've heard me
- 3:10talk about sticky bits. The sticky bits in business is
- 3:13something that doesn't run as smoothly as I would like it to.
- 3:15Something that requires a bit of extra input that that takes
- 3:18time, that drags me down. If there is a sticking point, I
- 3:22will find a way to smooth that out because there's something
- 3:25people don't realize as business owners.
- 3:27When you don't have a way of doing things, you don't have a
- 3:30procedure or a system in place, every single task requires
- 3:35thought and that thought takes energy so that by the end of the
- 3:38day, you're not just tired from doing the work, you're tired
- 3:41from thinking about how to do the work.
- 3:43That mental load adds up and is why many business owners
- 3:47experience burnout. From the outside, it might look
- 3:49like I'm busy. There's always something
- 3:52happening, clients, content, podcasts, events.
- 3:56But behind the scenes, I'm very intentional about what I say yes
- 4:00to. But that wasn't always the case.
- 4:04At the beginning, I listened to all the gurus on the Internet
- 4:07and social media that said I should say yes to every
- 4:09opportunity because you never know where it's going to lead.
- 4:13And I get that, I do. But I did say yes to everything,
- 4:16every opportunity, every client and every idea because that felt
- 4:20like growth. I felt like what you had to do
- 4:21to build a business. But what that actually creates
- 4:25is noise. Noise makes it harder to focus,
- 4:28to prioritize, and to make good decisions because everything
- 4:32feels really important. And because everything feels
- 4:35important, nothing is clear. There's no priorities.
- 4:39I had to move from saying yes to everything and figuring it out
- 4:43to asking myself, does this actually make sense for the
- 4:46business? Because that's a really
- 4:48different way of thinking. When an opportunity now comes my
- 4:51way, I think, does this move the business closer to my goals?
- 4:55If the answer's no, is it something I really want to do
- 4:58and it's worth my time or it's worth the investment?
- 5:02Again, if the answer's no, the answer is no.
- 5:05There are opportunities that look good.
- 5:07They look like they're going to bring in more sales, they're
- 5:09going to give you more visibility, they're going to
- 5:11give you more growth. But behind the scenes to those
- 5:13opportunities, I am always asking, does this fit how I want
- 5:17the business to run? If somebody wants me to come on
- 5:19a doom call or a webinar in an evening, I have children to
- 5:24raise and that's more important to me.
- 5:26Does this create more complexity?
- 5:28Is this going to make things that already exist in my
- 5:31business more difficult? And does this align with what
- 5:34I'm building? Is this what I want it to grow
- 5:37into? Because not every opportunity is
- 5:41a good opportunity. There has been many times that I
- 5:44have been and done filming and I've been on podcasts and done
- 5:46lots of recording for big companies.
- 5:49I've done some incredible work with the companies that never,
- 5:50ever will see the light of day. I did 2 television recordings in
- 5:532025. I'm not sure we'll ever make it
- 5:55to the TVI have said yes to go into speaking at stages, spent
- 6:00money on hotels only for it to be an absolute flop.
- 6:04I've been told to attend certain awards because we went nudge,
- 6:07nudge, you know, you need to be there, you need to be in the
- 6:10room and it went, I didn't get any benefit from it.
- 6:15Now I'm not saying you have to win every award you go to, but
- 6:17don't tell people you know, don't make out like they have
- 6:21won something so they have to be in the room.
- 6:24I've spent thousands of pounds on tickets to awards that
- 6:27actually were a complete waste of my time.
- 6:30I got nothing back from. I did not make any networking
- 6:33contacts. I did not grow the business in
- 6:36any way from attending those events.
- 6:38From the outside, I know decisions of mine can look quick
- 6:40too, like she just knows what she's doing.
- 6:42She's just head down and doing it.
- 6:45But that's because you only see things when I am ready to
- 6:49release them. I work with quite a few music
- 6:51clients. I for those that don't know, I'm
- 6:54very passionate about two things outside of business, motorsport
- 6:57and music. I work with a few musicians and
- 6:59a few artists and the process of releasing an album, 95% of that
- 7:05is done behind closed doors. There is the songwriting or the
- 7:09buying of songs for the album. For every 14 track album,
- 7:13there's probably 20 to 30 songs in the running for that album.
- 7:18Then once they've decided on the songs, they need to look at what
- 7:20direction they want to go in. Is there a particular way that
- 7:24they want it to sound? Some like particular themes, So
- 7:27all are sad songs or all are uplifting songs or they are
- 7:31country vibes or R&B vibes? Like what do you, what does the
- 7:34artist want that to be? Once that's decided and the
- 7:38songs are then decided, you've then got what running order they
- 7:41go in. How does it flow lyrically,
- 7:43sonically? Does it play through correctly?
- 7:47Then you've got to decide the album name, the track list, the
- 7:52visuals, the what does the album cover going to look like, What
- 7:56is the different versions? Are we going to have vinyl?
- 7:59Are we going to have cassettes? What merch are going to go
- 8:01alongside this? Then there is the marketing arm
- 8:04of it. By the time you get to hearing
- 8:07that an artist you like is about to release an album, there's
- 8:11about a year's worth of work gone into that before you see
- 8:13the light of day of it. Behind the scenes decisions are
- 8:16considered in my business too. They're not slow, but they're
- 8:19not reactive either. They're something that takes
- 8:20time and planning behind the scenes before I'm willing to put
- 8:23it out to the world. And what that looks like in my
- 8:25business is before I make a decision, I'm thinking, what is
- 8:28the impact of this? Does this create more work or
- 8:32less? Does this simplify things or
- 8:34complicate them? Because quick decisions are
- 8:37easy, off the cuff decisions are easy.
- 8:39Good decisions often take a little bit more thought.
- 8:41I want you to just pause for a second.
- 8:44Think about the last few decisions you made in your
- 8:46business. Were they reactive, off the
- 8:49cuff, done quickly, or were they considered?
- 8:52Did you put thought into them? Because if it's the latter, that
- 8:56changes the way your business grows.
- 8:58I often joke that my business is a swan because on the top it
- 9:01looks graceful and serene and calm and running like clockwork,
- 9:05and underneath sometimes my legs are kicking like there is no
- 9:08tomorrow. From the outside, a business can
- 9:10look calm, like everything just works and it's smooth and nice
- 9:13and wonderful. But calm doesn't happen by
- 9:16accident. It's maintained and it's looked
- 9:19after what people don't see Behind the scenes, there are
- 9:22constant small adjustments and little tweaks, whether that's
- 9:26processes, reviewing what's working and changing what isn't.
- 9:30It's not dramatic, but it's consistent.
- 9:32It's something that has to happen all the time in order to
- 9:35grow and scale a business because without those small
- 9:38adjustments, things start to slip and then suddenly
- 9:40everything feels really hard. You don't need to overhaul your
- 9:44entire website in one go. You need to make a small tweet
- 9:47to the homepage or a small tweet to the services page and step by
- 9:51step you build it. One of the biggest ones is that
- 9:54from the outside, it can look like business owners are doing
- 9:57everything. One of the biggest questions I
- 9:59get asked is Stephanie, how do you do it all?
- 10:02How do you raise two children, run a household, run a practice,
- 10:07do a podcast, write books, teach financial education?
- 10:10Children run a community for business owners, attend all of
- 10:14these networking events, be in all the good spaces, do all the
- 10:17content and the creation and the media on your own.
- 10:20And that's because the ones who build sustainable businesses
- 10:23know what actually matters and more importantly, what doesn't
- 10:26and get to say no. I have a personal role with
- 10:30decision making behind the scenes.
- 10:32I am constantly asking what will actually move this business
- 10:36forward. If it doesn't, it's either
- 10:41simplified, delegated, or removed because doing everything
- 10:46is not the goal here. And when I say delegated, I mean
- 10:51automated so that the computer sends the e-mail.
- 10:55The repetitive tasks are done without me.
- 10:58AI helps me. I delegate things to software,
- 11:03tools and technology to help me. I don't have a human to delegate
- 11:05to, but if you do have a team, you can do that.
- 11:08If something's too complex, then how can we make this easier?
- 11:12I've said before and people don't believe me when I say I'm
- 11:15a as a bookkeeper, an accountant.
- 11:16If you need to write your invoice out on pen and paper, go
- 11:19for it, because sometimes you just need it to be simple.
- 11:23You don't need 17 different software as a quoting software,
- 11:26proposal software, a tool for pricing, to send an invoice and
- 11:32sometimes things just have to be removed.
- 11:34What no longer serves you? We've had a real big transition
- 11:39at ABCSUK where we've repositioned and we are now
- 11:42showing our value and demonstrating it better for what
- 11:45we actually do. And in order to do that, we had
- 11:46to say goodbye to some clients that no longer fit, saying no to
- 11:50something or letting something go.
- 11:52I've provided services that are not profitable.
- 11:55I have built software for people charged what I believed was a
- 11:59fair fee and then they kept moving the goal posts and wanted
- 12:03Scout Creek and wanted more support for this and could they
- 12:05do this? But they've already paid what
- 12:08was agreed and having the boundaries in place to say no,
- 12:10sorry. It's quite difficult when you're
- 12:12growing and building a business, but it's important to learn to
- 12:15say no or remove the things that no longer serve you.
- 12:19It's your business. It's OK to change your mind.
- 12:22Now, I want to warn you about the danger of just getting it
- 12:25done because a lot of business owners say, oh, I'll just get it
- 12:28done. And that works in the short
- 12:31term, but long term, that's going to create inefficiency,
- 12:35which is going to cost you time and money.
- 12:38It creates inconsistency, which makes everything harder than it
- 12:41needs to be, and then it creates exhaustion.
- 12:44Another big one I get all the time is that, well, you don't
- 12:47have any problems. You don't have any challenges.
- 12:50From the outside, it can look like some businesses don't have
- 12:53problems. They do.
- 12:54Every business does. Every business at some point has
- 12:57a challenge to overcome. The difference is that some
- 13:01problems are managed early and some are ignored until they
- 13:04become bigger behind the scenes. I deal with things early because
- 13:08small problems are much more easy to manage than when they
- 13:10snowball. Big problems are usually
- 13:13expensive. If you think about your business
- 13:15right now, what are you currently avoiding doing?
- 13:19Because I know there's something.
- 13:21What are you currently delaying? I'll do that later.
- 13:25I'll fix it later, it'll be fine.
- 13:27And what are you currently hoping will fix itself?
- 13:31Because the answer to those questions is usually where your
- 13:33pressure is building and that's the thing you need to tackle for
- 13:36the real behind the scenes. Truth is that behind every
- 13:40business that looks calm, structured and in control is not
- 13:45perfection. And I can guarantee you that.
- 13:48It's decision making confidently and with clarity.
- 13:52It's intention of the things that are being done in the
- 13:55business are for the business to reach its goals, not for any
- 14:00other reason. And it's consistency repeated
- 14:04over time. This is also about how you see
- 14:07yourself as a business owner. I get it.
- 14:10But the minute you change your mindset from I'm trying to run a
- 14:13business to I run this business properly, it's a big mental
- 14:19shift. But the results that come from
- 14:20that are huge. I am ACEO of my business.
- 14:23I run my business. I'm not trying to run a
- 14:26business. The business is not running me.
- 14:28I run this business and I will build it into something better,
- 14:32something bigger, something scalable.
- 14:34You don't need to become someone completely different.
- 14:37I'm not asking you to change who you are overnight, but you do
- 14:41need to think differently about how your business runs because
- 14:45what you see on the outside is built behind the scenes.
- 14:48As always, before we finish, I want to give you one thing to do
- 14:52this week. This week, I want you to simply
- 14:55notice what you're relying on your memory for.
- 14:58Make a note of it. Every time you think I remember
- 15:01that, write it down. Turn it into a simple system,
- 15:05even if it's basic, if it's notes in your phone.
- 15:08Because the less your business relies on your brain, the easier
- 15:11it becomes to run and the mental load is going to reduce, which
- 15:15is going to reduce your stress and make you a Better Business
- 15:18owner. And by this time next week,
- 15:20you'll already start to feel that shift.
- 15:23So if you've been looking at other businesses and thinking
- 15:25they've got it all together, if you've been looking at mine and
- 15:27thinking, God, how does she do it all?
- 15:29Just remember, you're only seeing the outside.
- 15:31I will be open and transparent on this podcast always.
- 15:35But what matters is what's going on behind the scenes.
- 15:38If you found this episode useful, please do like, rate and
- 15:41review. Subscribe if you're on YouTube
- 15:43or Spotify. It takes you a couple of
- 15:46seconds, but it really does help more business owners find the
- 15:49podcast so we can all build better businesses.
- 15:52And if you want support building a business actually feels
- 15:55structured, clear and in control behind the scenes, that's
- 15:59exactly what we do at ABCSUK. The link is in the show notes if
- 16:03you'd like to put 15 minutes in my diary to see how we can help
- 16:05you because your business deserves better.
- 16:09Thank you so much for listening and I will see you next week for
- 16:12the next episode. Bye.
- 16:15And that brings us to the end of another episode of the Three BS
- 16:18podcast. If this has helped you think
- 16:19differently about your business, then it's done its job.
- 16:22Make sure you're following or subscribe so you don't miss the
- 16:25next episode. And if you found it useful,
- 16:27please do leave a review. It helps more business owners
- 16:30find this and start running the businesses properly.
- 16:33If you want more insights behind the scenes and the reality of
- 16:36what it actually it takes to build a Better Business, come
- 16:39and connect with me on social media.
- 16:40And if you're ready to stop guessing and start running your
- 16:43business with clarity, structure, and confidence, your
- 16:46next step is just to click away because your business deserves
- 16:49better. I'll see you in the next
- 16:51episode.