In this episode, Robert and Kay Lee Fukui discuss five common business mistakes that hinder growth and profitability while affecting work-life balance. They emphasize the importance of focusing on profit margins rather than just sales volume, the pitfalls of discounting, the necessity of tracking financial metrics, the value of hiring help, and the need for training employees to ensure business success and personal fulfillment.

Want to live a better balanced life and win in marriage AND business at the same time? Purchase our (audio) book Tandem: The married entrepreneurs’ guide for greater work-life balance. https://www.thetandembook.com/

Need to create more time to dedicate to your marriage? Download this free guide. https://marriedentrepreneur.co/boundaries

Need some insight into how to balance it all? Schedule a free discovery call. https://marriedentrepreneur.co/lets-talk

Key Takeaways

• Focusing on volume not margin

• Lower prices/discounts to attract more customers

• Not tracking metrics: doing the same thing over and over again expecting different results

• Too cheap to hire

• Not willing to train

Sound Bites

"Five common business mistakes."

"Focusing on volume, not margin."

"Lowering prices to attract customers."

Chapters

00:00 Introduction to Common Business Mistakes

01:29 Focusing on Volume vs. Margin

06:10 The Pitfalls of Discounting

12:55 Importance of Tracking Metrics

19:19 The Cost of Not Hiring

22:09 The Need for Training Employees

In this episode, we discuss how entrepreneurs can often become so focused on their business that they miss the warning signs that both their marriage and business may be at risk. It's crucial to address small issues in your relationship early on before they grow into larger problems that are harder to fix.

Tune in to learn about the key red flags you and your spouse should tackle to ensure both your relationship and business thrive together.

Want to live a better balanced life and win in marriage AND business at the same time? Purchase our (audio) book Tandem: The married entrepreneurs’ guide for greater work-life balance. https://www.thetandembook.com/

Need to create more time to dedicate to your marriage? Download this free guide. https://marriedentrepreneur.co/boundaries

Need some insight into how to balance it all? Schedule a free discovery call. https://marriedentrepreneur.co/lets-talk

Key Takeaways

• Preventive maintenance is crucial for marriage and business.

• Busyness can lead to neglect in relationships.

• Frequent arguments may indicate deeper emotional issues.

• Avoiding hot button issues can create resentment.

• Emotional connection is vital for a healthy marriage.

• Lack of affection can signal relationship trouble.

• Date nights are essential for maintaining connection.

• Scheduling quality time can improve relationship health.

• Communication is key to resolving conflicts.

• A healthy marriage positively impacts business success.

Chapters

00:00 Preventive Maintenance in Marriage and Business

05:06 Identifying Warning Signs of Busyness

10:25 The Impact of Arguments on Relationships

14:45 Avoidance and Its Consequences

20:27 The Importance of Affirmation

23:51 Date Nights: A Lost Tradition

30:46 Course Correction for a Healthier Future

Life can be a roller coaster ride with many highs and lows. Both Darryll and Brittany Stinson share their stories of successes and challenges growing up, marrying each other, building an amazing business, and raising four kids.

Darryll was a Division 1 football and basketball player and voted Top 100 college athlete in 2008. When things went south his senior year, he landed in rehab, got clean, and eventually found Brittany at his local church. Since then, they have used their gifts, skills, and experience to help others find and use their stories to change the world.

Website: https://www.darryllstinson.com/

Instagram: https://www.instagram.com/stinsonspeaks/

Facebook: https://www.facebook.com/stinsonspeaks/

Linkedin: https://www.linkedin.com/in/mentalhealth-keynotespeaker

Twitter: https://twitter.com/dstinson97

Youtube: https://www.youtube.com/channel/UCEHRTpVu-KpqBRHVQBxEwVw

TedX Website: https://tedxalexanderpark.com/

Key Takeaways

• Brittany was an alcoholic working in a bar

• She didn’t value herself to love herself

• Darryll didn’t fit in growing up and changed who he was to fit in

• Darryll was at the height of his college career then turned to drugs

• Did some time in rehab to get clean and sober and find the Lord

• Different upbringings made marriage tough

• Daily check-ins, weekly meetings, and constant praise makes marriage and business better

• How they define success

Darryll Stinson is the co-founder of Seeding Greatness, a movement of leaders restoring the planet and helping humanity to heal through their stories and transformational services. Licensee of TedX Alexander Park.

As a former Division 1 athlete, Darryll overcame multiple suicide attempts to become a multiple best-selling author and 2xTEDx speaker with more than 2 million views. His accolades as a Top 100 athlete (2008), award-winning higher ed communications professional, #9 Suicide Awareness Speaker (2023), and TEDx organizer (2022-present) attest to the impact of his work. Founder of “Second Chance Athletes” and author of the best selling book, “Who Am I After Sports.”

He’s coached hundreds of speakers to reach millions of people while growing themselves and their businesses at the same time.

When he's not coaching or captivating audiences, Darryll enjoys rapping, reading, and spending quality time with his wife Brittany, four children Ava, Arianna, Amaya, Isaiah, and dog, Magic.

Brittany Stinson, MSA, is a speaker, operational strategist, and cofounder of Seeding Greatness. Struggling to find herself in college, Brittany overcame alcoholism and unhealthy relationships. Alongside her husband, she went on to build a movement of leaders impacting the world with their stories. Brittany has worked with a diverse portfolio of clients, ranging from solopreneurs and student leaders to hospitals with $500 million in salary budgets. When she isn’t working, Brittany enjoys working out and spending quality time with her husband and four children (preferably on a beach somewhere).

Want to live a better balanced life and win in marriage AND business at the same time? Purchase our book Tandem: The married entrepreneurs’ guide for greater work-life balance. https://www.thetandembook.com/

Need to create more time to dedicate to your marriage? Download this free guide. https://marriedentrepreneur.co/boundaries

Need some insight into how to balance it all? Schedule a free discovery call. https://marriedentrepreneur.co/lets-talk