In this episode of Financial Planning for Canadian Business Owners, Jason Pereira, award-winning financial planner, university lecturer, and writer, interviews Mike Brcic, Founder and Chief Explorer at Way Finders, a company that hosts entrepreneurs in some of the most amazing places around the world!
Episode Highlights:
- 0:57 – Mike Brcic introduces himself and Way Finders.
- 2:09 – How did Mike get started in this business?
- 4:11 – Mike goes deep into badass monks.
- 5:15 – What does the Way Finders process look like for entrepreneurs?
- 8:00 – Jason and Mike talk about tracking efficiencies while scaling a business.
- 9:56 – How does Mike help entrepreneurs re-engineer their businesses?
- 12:52 – Jason and Mike discuss the importance of not just throwing jobs you dislike to an assistant.
- 17:40 – Mike breaks down the accountability aspect of his system.
- 19:20 – How long does Mike typically work with his clients?
- 21:40 – What kind of feedback does Mike get from his clients?
- 25:24 – Jason and Mike discuss getting mentally ready for retirement.
- 27:00 – Mike shares some tools available that can help business owners with their process management.
3 Key Points
- Way Finders focuses on creating a community of entrepreneurs who are like-minded in that they are looking for new ways to create successful businesses.
- Mike helps entrepreneurs re-engineer their businesses by offloading those tasks that drain their energy to a person or service that maximizes efficiency.
- Having a tried and true processes in place helps business owners use their time more efficiently while making sure the business can run smoothly
Tweetable Quotes:
- “If you set a very clear vision and some very clear guidelines and principles, that does a lot of the work for you.” – Mike Brcic
- “The reality is...as you grow and scale, you have to reinvent the company over and over and over again.” – Jason Pereira
- “If the business model is broken, throwing more gasoline onto a dumpster fire is not going to put out the fire.” – Mike Brcic
- “Without a properly defined process that cuts to the heart of what you want to do, you’re just passing crap onto other people.” – Jason Pereira
Resources Mentioned:
Full Transcript
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