Scaling Success: Money Mindset, Delegation, and Business Growth with Black Mammoth
Steve Hamoen and Stoy Hall explore the evolution from traditional to modern family offices, emphasizing the significance of values and trust in developing a positive money mindset. They discuss gender differences in financial management, focusing on risk management and representation. The conversation highlights the importance of delegation, using KPIs for business scaling, and applying the Pareto principle for efficiency. Steve shares personal insights on achieving time freedom, beginning delegation, and hiring superior talent with exit strategies. They provide tips on making businesses scalable and sellable, reveal the inspiration behind the name Black Mammoth, and offer communication advice.
Key Points
- Modern family offices provide scalable, holistic financial management for everyday business owners, not just the ultra-wealthy.
- Having a positive relationship with money involves using it as a tool for creating experiences and memories rather than letting it control you.
- Delegating tasks, especially financial responsibilities, allows business owners to focus on high-value activities that bring them joy and drive growth.
Chapters
0:00 | |
0:25 | |
2:16 | |
5:17 | |
8:30 | |
14:08 | |
18:25 | |
22:48 | |
25:14 | |
28:09 | |
29:17 | |
34:18 |
Transcript
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