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Hustle & Flowchart: Mastering Business & Enjoying the Journey

The Hustle & Flowchart Podcast with Joe Fier is all about how to build a business so it gives you the freedom and fuel for your life. We discuss systems, mindset tweaks, reframes, and strategies for entrepreneurs (and really anyone) to enjoy the process of being in business and having fun. This isn't for the entrepreneur looking to build a billion dollar business, rather someone who is looking to build systems that work for you, so you can make more money than you need just by working part-time. I was a chronic hustle-mode kinda guy and I want to share my experiences and mentors I've met along the way to help you reframe things so you can be the most effective as an entrepreneur. Join in conversations with Joe Fier and various mentors sharing principles and strategies to put this into action for yourself. Please enjoy and share with your friends! Listen Notes
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Hustle & Flowchart: Mastering Business & Enjoying the Journey
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Now displaying: November, 2024
Nov 26, 2024

In our latest episode of Hustle and Flowchart, I had the pleasure of chatting with Kyle Gray. Kyle shared his unique experiences and insights into storytelling, a crucial skill for any entrepreneur. He brought in his background as a semi-nomadic individual and his journey from music to content marketing. We also touched upon the mental aspects of storytelling, the balance between professional image and vulnerability, and practical storytelling frameworks.

Kyle Gray’s Background and Setup

Kyle Gray, the guest for this episode, has always dreamed of having his own office. His current office setup showcases sound-dampening foam, which doubles as an interesting backdrop. Despite his semi-nomadic lifestyle, Kyle emphasizes the value of having a dedicated workspace that fosters creativity and productivity.

Music and Storytelling Connection

Kyle and I discovered a shared passion for music; both of us are left-handed guitarists. Kyle began his journey as a songwriter, which eventually led him to content marketing. He highlighted how songwriting and storytelling are closely related, both requiring a deep understanding of connecting with an audience.

Transition to Content Marketing

Kyle transitioned from music to content marketing, particularly focusing on blog posts for startups. He realized that storytelling in business shared similarities with performing music. Over the years, he honed this skill by writing books, conducting workshops, and starting his own agency. This journey underscores the potential for creative skills to adapt and thrive in various fields.

Storytelling Framework by Story Engine

Kyle developed a storytelling framework he teaches through his company, Story Engine. This formula helps refine messaging by eliminating unnecessary content and focusing on core elements. A particular highlight is the free 45-minute course available on his website, which helps users connect deeply with their audience through storytelling.

Teaching and Psychological Aspects

Kyle's work often involves reducing excessive teaching content. He addresses the psychological aspects of storytelling, noting that many people have an inferiority complex and a desire to achieve. This understanding helps Kyle assist clients in crafting more impactful stories.

Professional Persona vs. Vulnerability

Kyle emphasizes the tension many entrepreneurs face between maintaining a polished professional image and revealing their true, vulnerable selves. He believes that showing vulnerability can be more effective in connecting with an audience, as it fosters authenticity and trust.

Challenges in Sharing Stories

We discussed the resistance successful individuals often have towards sharing personal stories. Many see storytelling as manipulative or less valuable than showcasing their achievements. Kyle counters this by focusing on the emotional connection stories can create, making them a powerful tool for engagement.

Free Resources and Techniques

One valuable resource I mentioned is a 45-minute lesson on storytelling available through Kyle’s company. This lesson includes videos and questions designed to help users refine their storytelling process. Such resources are critical for anyone looking to enhance their storytelling skills effectively.

Resources Mentioned:

Purpose in Suffering and Personal Growth

Kyle highlights the idea of giving purpose to past and present suffering. By revisiting painful memories with a purpose, individuals can find personal growth and business insights. This approach helps turn negative experiences into powerful narratives that resonate with others.

Writing and Sharing Personal Narratives

Both Kyle and I agree on the importance of documenting and sharing personal stories. Writing allows for deeper connection with audiences and helps individuals uncover new opportunities. Exploring personal history can also be a liberating process that improves business perspective.

Mistakes in Storytelling

Kyle points out a common mistake in storytelling: limiting stories to an introduction rather than integrating them throughout the narrative. He advises on developing multiple stories rather than relying on a single origin story. This approach ensures a more engaging and dynamic presentation.

Descriptive vs. Prescriptive Communication

We discussed the difference between prescriptive language (telling people what to do) and descriptive language (showing the results of actions). Kyle emphasizes that descriptive language is more engaging and empowering for the audience, making it a more effective storytelling technique.

Case Study on Health Coaching

Kyle shared a case study involving a health coach. By focusing on the importance of improving a child's gut health through dietary changes, he showcased how storytelling can communicate benefits effectively. He used reverse psychology to make vegetables more appealing to children, turning them into adventurous eaters.

Power of Language and Reframing

Kyle's approach to using reverse psychology underscores the power of language and reframing. He advocates for diverse persuasive techniques to enhance communication effectiveness. Joe recognized this method as a way to create connection and intrigue within an audience.

Authoring Your Future

Kyle shared his personal practice of envisioning and scripting future events. This technique, similar to Jordan Peterson's self-authoring program, helps enhance mental and physical well-being. It allows individuals to visualize and create a clear path towards their goals.

Resources from Episode

Overall, this episode of Hustle and Flowchart with Kyle Gray delves into the deep and nuanced world of storytelling. Significantly, it highlights how personal narratives can foster connection, reflect authenticity, and drive business success. Kyle's insights and frameworks offer valuable takeaways that any entrepreneur can use to enhance their storytelling skills and overall communication strategy.

Two Other Episodes You Should Check Out

Connect with Joe Fier

Thanks for tuning into this episode of the Hustle & Flowchart Podcast!

If the information in these conversations and interviews have helped you in your business journey, please head over to iTunes (or wherever you listen), subscribe to the show, and leave me an honest review.

Your reviews and feedback will not only help me continue to deliver great, helpful content, but it will also help me reach even more amazing entrepreneurs just like you!

Nov 19, 2024

This podcast episode of "Hustle and Flowchart" features a fascinating interview with Sam Ramsden, creator of the hit podcast "Silly Stories for Kids" and owner of an electrical business. Sam shares his journey from an electrical business owner to a successful podcaster. We also explore how he balances work, family, and creativity seamlessly, along with insights about his stories, inspirations, and the importance of positivity.

What This Episode is About:

Sam Ramsden joins us to discuss his unexpected podcasting success, how he infuses creativity into different aspects of his life, and the importance of understanding and nurturing unique family dynamics. His podcast, "Silly Stories for Kids," has taken off in unexpected ways, reaching almost 1.5 million downloads. Sam balances his electrical business, Ramp Electrical, with creative storytelling for children. He delves into his past experiences and influences, revealing how his father and father-in-law significantly impacted his trajectory.

Unplanned Success Through Creativity

Sam Ramsden, originally running an electrical business, never predicted the massive success of his podcast, "Silly Stories for Kids." This podcast started as a fun project for his children, encouraged by his father-in-law. It quickly gained traction, achieving nearly 1.5 million downloads within a year. Sam shares how he uses "Suno," a music AI, to create personalized songs for people at work and social gatherings, enhancing his storytelling endeavors. One interesting quote from Sam: "What started as bedtime stories has become a global phenomenon, all thanks to family encouragement and a bit of fun." 

  • Suno Music AI: Suno

The Role of Family and Personal Influences

Sam's family plays a crucial role in his podcasting journey. His father-in-law suggested starting the podcast, which turned out to be a brilliant idea. Sam's passion for storytelling and creativity stems from his childhood, influenced deeply by his father. He emphasizes how positive influence and support from family members can profoundly shape one’s work and creativity. Key takeaway: Supportive relationships and following one's passion can lead to unexpected success and personal fulfillment.

Balancing Work, Life, and Creativity

Managing an electrical business and running a successful podcast isn't easy, but Sam Ramsden does it with remarkable balance. Despite his busy schedule as a father of four, he finds joy in spontaneous creativity, often attributing it partly to ADHD, which he considers a superpower in storytelling. He shares that having a supportive wife helps him stay on track and manage his time effectively. Sam’s wise words: "Balancing family, business, and creative endeavors is really about knowing what's important and giving time to those things."

Handling Business Challenges

Running Ramp Electrical presented many unforeseen challenges, especially during the COVID pandemic, which resulted in lost contracts and personal losses, including the passing of Sam's mother. These experiences have taught him valuable lessons about resilience and prioritization. Sam believes in learning from mistakes and emphasizes the importance of systems and processes, though he admits to needing help in consistently following them. Quote for inspiration: "Think of mistakes as lessons that guide you towards bigger success. Sometimes what not to do is just as important."

Mental Health and Personal Growth

Sam emphasizes the importance of mental health and seeing a psychologist to realign thoughts and provide self-grace when things don’t go as planned. He compares mental health check-ups to regular servicing of a vehicle. This approach not only helped Sam maintain balance but also enabled him to bring more joy and positivity into his life and work. Key lesson: Taking care of your mental health is crucial for maintaining balance and gaining perspective, much like maintaining a vehicle to ensure it runs smoothly.

Understanding and Communication

Understanding one's thought processes can greatly enhance communication and empathy. Sam encourages asking others to describe their thinking processes to understand them better and reduce misunderstandings. He highlights that everyone thinks differently, and understanding this can help in fostering better personal and professional relationships. Example shared: Sam’s nephew thinks in pictures, which was a revelation for Sam and helped him connect better with his nephew. 

Resources from Episode

Conclusion

Sam Ramsden's journey from an electrical business owner to a successful children's podcaster is inspiring and filled with valuable lessons. Emphasizing the importance of family, mental health, and understanding individual thinking processes, Sam’s story teaches us that success often comes from following passions and staying true to personal values. Whether balancing work and life or handling business challenges, Sam's experiences offer a wealth of insights. This episode of "Hustle and Flowchart" is a must-listen for anyone juggling multiple roles or seeking inspiration on blending creativity and business.

Two Other Episodes You Should Check Out

Connect with Joe Fier

Thanks for tuning into this episode of the Hustle & Flowchart Podcast!

If the information in these conversations and interviews have helped you in your business journey, please head over to iTunes (or wherever you listen), subscribe to the show, and leave me an honest review.

Your reviews and feedback will not only help me continue to deliver great, helpful content, but it will also help me reach even more amazing entrepreneurs just like you!

Nov 12, 2024

This week on Hustle and Flowchart, I sit down with Brett Kaufman to talk about creating Happy Moments by using breath work, dance, and improv to tackle personal challenges like overthinking and depression. We dig into how these practices can help people feel more present, let go of ego, and eliminate overthinking. Brett shares his personal experiences and offers practical tips for anyone looking to improve their mental health and personal development.

What This Episode is About

This episode covers the interrelation of breathwork, dance, and improv in addressing mental health issues. Brett Kaufman discusses how these activities have helped him reduce overthinking, manage depression, and maintain his well-being. He shares examples and exercises that listeners can try themselves. We also talk about the importance of making "happy moments" mandatory in our lives, overcoming struggles with self-worth and identity, and the value of open communication, especially among men.

Breathwork to Release Inhibitions

Brett Kaufman appreciates breathwork for its ability to help release inhibitions and promote presence in the moment. He talks about different styles like Wim Hof and his recommendations for 9D Breathwork sessions. To help clear brain fog, a simple technique involves breathing in for six seconds and out for four seconds, repeated for three minutes. He also enjoys breathwork paired with inspiring music, finding it motivational and engaging.

Dance to Let Go of Ego

Through dance, Brett mentions how it helps everyone look unified in their perceived silliness, even without a specific dance background. Dance, he explains, helps let go of ego and clear negative energy. Brett enjoys salsa and bachata, sharing how these dances have helped him connect with his core self and find joy.

The Therapeutic Power of Improv

Improv has significantly impacted Brett by eliminating overthinking and requiring immediate responses, putting him in a flow state. He describes an improv exercise where participants create scenarios based on crowd suggestions, which helps with quick thinking and spontaneity. Improv has therapeutic attributes, promoting mental flow and reducing internal judgment, which has helped him overcome public speaking anxiety. Brett practices improv weekly and suggests exercises such as rapping over instrumentals to enhance spontaneity.

Importance of Mandatory Happiness

Joe Fier and Brett discuss the significance of pursuing activities that bring joy and maintaining habits that support mental health. Brett stresses making "happy moments" mandatory, similar to necessary commitments like paying taxes, to prevent depressive spirals. Brett's mandatory happy moments include salsa dancing, gym workouts, breath work, and improv classes. Joe relates to this idea, sharing that daily habits also helped him navigate personal challenges and find direction.

Self-Worth and Identity Struggles

Brett talks about going through a phase of low self-worth and the process of regaining self-love to ensure a dream life unfolds. He emphasizes avoiding internal negative voices that discourage self-worth, discussing the importance of recognizing and overcoming these internal challenges. Joe adds his perspective, noting the impact of life's changes on personal identity.

Impact of Life Changes

Joe discusses the challenges following the loss of his father and changes in business relationships. He notes how family support helped him through tough times, highlighting the struggles of those who may face challenges alone. Brett shares his recent experiences with ending a business relationship, the passing of a grandfather, and a breakup, emphasizing the importance of personal growth and transformation.

Mental Health and Communication Strategies

Throughout the episode, we underline the importance of finding ways to express and process emotions, such as through journaling or talking. Brett mentions engaging in breathwork and ecstatic dance as methods to facilitate emotional release and self-expression. Joe and Brett also discuss the importance of being well-versed in pop culture for social bonding and suggest using conversation starters based on personal interests to facilitate social interactions.

Men's Mental Health

Brett highlights the difficulty men face in discussing mental health due to societal expectations of masculinity. Both Joe and Brett discuss how men's suicide rates are high partly due to the lack of communication and support systems. They emphasize the need for open communication, especially among male entrepreneurs, to foster mental well-being.

Combining Breathwork and Dance

Combining breathwork and dancing can help clear negative energy and reconnect with one's core self, according to Brett. Joe shares his additional practices, like shaking and yelling, to release energy and acknowledges the emotional release it can bring. Brett emphasizes the importance of personal happiness strategies that fit one's lifestyle, especially for parents or those with busy schedules.

Personal Routines for Happiness

Brett starts his day early, harnessing morning energy to study and visit the gym, occasionally using a sauna to feel balanced. He practices writing letters from his future self to his current self, setting goals for one month and six months in the future to stay motivated and focused. This practice has been a powerful tool for his mental well-being and he wishes he had used it earlier.

Closing Thoughts and Takeaways

This episode is a deep dive into mental health practices that have helped Brett Kaufman and can help others too. From breathwork to dance and improv, these activities promote mental well-being by reducing overthinking, managing depression, and maintaining joy. The idea of making happy moments mandatory is critical, and the importance of open communication, especially among men, is highlighted. We believe these insights are invaluable for anyone looking to improve their mental health and personal development.

Resources from Episode

Two Other Episodes You Should Check Out

Connect with Joe Fier

Thanks for tuning into this episode of the Hustle & Flowchart Podcast!

If the information in these conversations and interviews have helped you in your business journey, please head over to iTunes (or wherever you listen), subscribe to the show, and leave me an honest review.

Your reviews and feedback will not only help me continue to deliver great, helpful content, but it will also help me reach even more amazing entrepreneurs just like you!

Nov 5, 2024

Welcome back to another exciting episode of Hustle and Flowchart! I'm your host, Joe Fier, and today we dive deep into innovative financial strategies with our special guest, M.C. Laubscher. M.C. brings a unique approach to leveraging life insurance as a powerful tool for business growth, cash flow management, and tax efficiency.

What This Episode is About

This episode explores how life insurance can be an effective alternative to more traditional investment strategies. M.C. Laubscher shares insights on using life insurance for business financing, tax advantages, and even employee retention. He draws fascinating parallels between life insurance and real estate, two asset classes that can help you grow wealth while benefiting from various tax incentives.

Introduction to M.C. Laubscher and the Concept of Infinite Banking

In our introduction, M.C. Laubscher is introduced as a financial strategist with unique approaches to leveraging life insurance. His idea of "Infinite Banking" sets the stage for the entire episode. He’s known for his work on CashFlow Ninja and emphasizes gaining control over financial resources.

Using Life Insurance for Business Financing

One of the standout topics was using life insurance for business financing. M.C. explains that when structured correctly, life insurance can increase both the death benefit and the policy’s cash value. Policy loans from life insurance plans can be used to finance various business activities, such as purchasing property or managing ongoing cash flow. By funding policies through businesses, these policies become valuable assets that can serve as collateral, thereby providing an additional income stream.

Tax Advantages of Life Insurance

M.C. thoroughly explains how life insurance can be integrated into tax strategies, particularly when buying equipment for a business. By including life insurance in the financial planning toolkit, businesses can leverage depreciation and enjoy other tax incentives. Thanks to the favorable tax code, life insurance can provide dividends similar to cash flow from rental real estate. This means you can minimize your tax liabilities while using the accumulated cash value for growth.

Retaining Key Employees with Life Insurance

A crucial aspect of running a successful business is retaining key employees. M.C. points out how offering life insurance as part of a compensation package can be a powerful incentive. Unlike stock options that may fluctuate with market conditions, life insurance policies accumulate value reliably over time, providing financial security and loyalty.

Comparing Life Insurance to Real Estate

An intriguing comparison was drawn between life insurance and real estate. Both serve as asset classes that allow for equity building and strategic financial leveraging. Laubscher discusses how both are incentivized by the tax codes due to their societal benefits, such as job creation and housing. This common ground makes life insurance a viable and often underappreciated option for savvy investors.

Becoming Your Own Banker

One of the most compelling concepts discussed is "becoming your own banker." This involves using dividend-paying whole life insurance from mutual companies to store capital securely. These companies have been profitable since the mid-1800s, paying consistent dividends. Policies can be set up to act as high-yield savings accounts, ensuring guaranteed cash value growth and tax-free access through lines of credit. This setup offers not only asset protection and tax benefits but also predictability and clarity, ensuring business continuity.

Financial Strategies for Your Children

Employing a strategy that involves your children can bring significant financial benefits. By employing your kids in your business, they can earn up to $14,000 annually, tax-free. This income also serves as a deductible business expense. Setting up life insurance policies for children can result in substantial tax-free compound interest growth over time, offering far more control and benefits than traditional college savings plans like the 529.

Mistakes to Avoid with Life Insurance Policies

M.C. Laubscher also warns of common mistakes, such as working with the wrong carrier or financial professional. His past experiences highlight the importance of correctly setting up these policies to maximize benefits. He advises working with seasoned experts who understand these complex setups and can tailor them to meet individual needs.

Conclusion

This episode offers a treasure trove of insights on using life insurance in innovative ways to manage your business's finances. M.C. Laubscher’s strategies highlight the value of taking control over your financial resources, maximizing tax efficiencies, and making informed decisions that benefit your business and its key players. I encourage everyone to dive deeper into these concepts through M.C.’s resources:

Thanks for tuning in to Hustle and Flowchart. Remember, maintaining control of your finances isn't just about making money, but about keeping what you earn and making it work for you. Stay tuned for more episodes that help you hustle smarter and flow better.

Two Other Episodes You Should Check Out

Resources From Episode

Thanks for tuning into this episode of the Hustle & Flowchart Podcast!

If the information in these conversations and interviews have helped you in your business journey, please head over to iTunes (or wherever you listen), subscribe to the show, and leave me an honest review.

Your reviews and feedback will not only help me continue to deliver great, helpful content, but it will also help me reach even more amazing entrepreneurs just like you!

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