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Episode 86 – Surviving the Mess

Being a business owner during this pandemic has been financially difficult. However, Matt Young, our expert today shares how you shouldn’t “waste a great pandemic”. Learn how to get past hard times and keep moving forward! Stop just surviving the mess and turn it into a success!

“We have a “strategic” plan it’s called doing things.” – Herb Kelleher

Question

“Being a business owner is more stressful than ever, especially with the outbreak of COVID-19. How can we survive the pandemic as a small business and protect our finances as much as possible?”

MATT young

Founder FSQ Consulting

4 Stages of an Owner’s Journey

STAGE 1 | Owner Operator | One Solution Fits All

Doing it all! It puts a ceiling on your growth and stops opportunity. It’s the “ugly haircut stage” where you don’t have money to grow but you can’t grow without making a change.

STAGE 2 | Manager | One Size Fits All

Now you have a team but you have to manage them. You’re off the “floor” but you have to engage with your team to be sure they are doing what you need them to do and that they are passionate about what they are doing. Focusing on managing team members as if they can all be treated the same way.

STAGE 3 | Leader | Becoming

The owner is one solution fits all, manage is one size fits all, and the leader manages specific individual needs. Focus more on the individual instead of treating everyone the same.

STAGE 4 | Mentor | Showing the Way

This is where every business owner should aspire to be. This is where you help build your team to get them moving forward, growing, put their needs above your own as their “leader”. Help create the best environment for your team.

Find out more bout how to do this and many more ways to grow your business by listening to the full episode!

MATT YOUNG

Matt is an Ernst & Young Entrepreneur of the Year finalist, Business in Vancouver Top 40 Under 40 and Caldwell Partners Canadian Top 40 Under 40 business award winner.

This serial entrepreneur graduated with a Kinesiology Degree from the University of British Columbia and started his first start-up company, a boutique health & fitness business: Innovative Fitness. Matt’s ability to distill complex constructs into bite-sized pieces that can be more easily understood & activated by those delivering the service and the consumer has made him a sought after business consultant.

He has worked with numerous small and medium sized businesses ranging from Deloitte to Velofix to Habitat for Humanity around creating solid foundations upon which future success can be built.

After scaling his own boutique fitness business into a national franchise, Matt sold in 2018 and turned his attention to supporting a variety of for profit and not for profit organizations in the health, wellness and sport sector. These organizations include:

British Columbia Children’s
Hospital Live 5-2-1-0 initiative
British Columbia Physical
Literacy Alliance
Alberta Physical Literacy
Alliance
Canada’s Physical Literal
Alliance
Norwegian Sport Federation
The National Hockey League
The Lichtenstein Olympic Committee
The United States Olympic Committee
The PGA of America
Canada Soccer
Ontario & New Brunswick Soccer
Tennis, Ringette, Rugby, Softball and Cycling British Columbia

Matt is the Founder of the Quality Coaching Collective and Quality Sport Hub. Hs is regularly engaged by sport parents, coaches and administrators to help navigate the complexities in the youth sport system. Matt has published numerous articles for magazines and journals, has authored and published seven books and with the support of his team, raised over $6.1 million dollars for community charity including a seven day Guinness World Record bike relay across Canada that raised over $1 million dollars for Juvenile Diabetes Research.

A strong believer that Culture trumps process, Matt is the example of walking the talk and living your values. He is the Co-Founder of the Just Go Play Podcast https://www.justgoplay.ca/ which connects industry leaders with recreational athletes, parents & coaches in support of his personal mantra; as many as possible, as long as possible, in the best environments possible.