Rocket IT Business Podcast | Bill McDermott | Being Mindful of Mindset | Ep. 25

Impossibile aggiungere al carrello

Puoi avere soltanto 50 titoli nel carrello per il checkout.

Riprova più tardi

Rimozione dalla Lista desideri non riuscita.

Riprova più tardi

Non è stato possibile aggiungere il titolo alla Libreria

Per favore riprova

Non è stato possibile seguire il Podcast

Per favore riprova

Esecuzione del comando Non seguire più non riuscita

Rocket IT Business Podcast | Bill McDermott | Being Mindful of Mindset | Ep. 25

Ascolta gratuitamente

Vedi i dettagli del titolo

A proposito di questo titolo

https://youtu.be/ZH8sj3GJpGs With over 40 years of banking experience under his belt, Bill McDermott made the shift from business banker to consultant after life through him a curveball. In this episode of the Rocket IT Business Podcast, Bill provides audiences with the key steps every business should consider when attempting to accommodate the current needs of the marketplace. In this episode, you’ll hear more about: How business owners can become better financial managersHow to make the transition into entrepreneurship Why it’s important to delegate tasks as an entrepreneur Maintaining a competitive mindset while operating a business The importance of succession/exit planning The long-term benefit of documenting all business processes How to minimize entrepreneurial risksPitfalls to avoid when building a businessBarriers to break through for business growth Contact Information Bill McDermott | 770.597.3136 | Bill J McDermott on LinkedIn Resources Mentioned The Profitability Coach Host: Matt Hyatt Guest: Bill McDermott Show Transcript Music: (00:14) Matt Hyatt: (00:15)Hello everyone. And welcome to episode number 25 of the rocket it business podcast. I’m your host, Matt Hyatt. And today we’re talking with my friend and financial expert, Bill McDermott over 40 years, 40 years, Bill forty years of banking experience under his belt Bill made the shift from business banker to consultant after life threw him a curve ball. And today we’ll learn how Bill has built his practice and adopted, adapted to the needs of the marketplace. Bill has a great story. I’m looking forward to hearing it some keen insights and I’m excited to share with our audience. So I’m going to jump right in and Bill, welcome to the show, Bill McDermott: (00:50)Matt, Thanks so much. It’s a pleasure to be here. Excited about our talk today. Matt Hyatt: (00:54)Yeah, absolutely. So Bill, tell us a little bit about yourself. I want to hear a story. I know I came from a banking background, but you’re an entrepreneur like me. And so we have a lot in common. I want to hear a little bit about your story and how you arrived at the entrepreneurial doorstep. Bill McDermott: (01:11)Yeah, so it’s a, it’s my story. So of course I think it’s a great story. But 12 years now as an entrepreneur, I was not an entrepreneur by choice as having spent 32 years in the banking industry, the great recession hit and I was the chief commercial lender at a community bank. And the bank said, Bill, you’re doing a great job, but we’ve got to cut costs. And you were the last one in, so you’re the first one out. And so at that point we had two daughters in college, had a mortgage to pay and I had to figure out how to reinvent myself. So had a, you know, had a little conversation with, with the man upstairs and said, uh, well, you’ve closed the door. How about opening a window? And Bill McDermott: (01:58)By the way, would you put a little neon around for me so I could see it. Bill McDermott: (02:02)And so that launched a great adventure of helping business owners become better financial managers. I saw in my banking career that generally business owners were great salespeople. They were great client delivery or operations people. Just about every CEO I met really struggled with the financial aspects of the business. They don’t teach it in school and there’s no on the job training. You know, when you’re the CEO. Matt Hyatt: (02:33)Right. Bill McDermott: (02:35)In my banking career. Also if I take it back all the way to the beginning. So I was the repo man for a bank auto dealer department, coming out of wake forest with my high powered undergraduate degree. And at that time, banks believed that you had to learn how to collect loans before you learned how to make loans. And so I had a, I had a, tow tow bar. I can’t remember what you call them, but anyway, I had a, I was the repo man. Matt Hyatt: (03:10)Wow. So you’re the heavy they send out to the field to pick up these cars that were moving at pace. Bill McDermott: (03:13)You know, I don’t, I didn’t really command much of a physical presence one year out in school. And plus I was newly married. So my wife thought she was going to be the youngest widow ever, but we survived and I did my best to collect those, collect those past due car loans. I have some stories, Bill McDermott: (03:35)But, but, but I don’t think your listeners would really be that interested in Matt Hyatt: (03:39)I don’t know. We could go a whole different path here than what we planned. That’s pretty interesting. So I actually, I don’t know that I remember that we have something in common there because I sort of started my career as a bill collector. I was a bill collector for JC Penny, back in the day. I didn’t have to go knock on any doors or see anyone in person everything was done on the phone. But what I found was, so my approach was Mr. Nice guy, you know, I’m here to help solve ...

Ancora nessuna recensione