Build a Business That Fits Your Life, So It Doesn't Run You
When business feels like a chore, it’s time to rewrite the rules!
In this episode, Tim dives deep with business mentor Paul Farmer, who’s redefining what it means to run a successful business.
Paul isn’t your typical advisor. With a unique blend of experience across industries and a keen sense for strategy, he helps business owners reset what’s possible. He also isn’t just about growth for growth’s sake, he’s about making your business work for you.
If you’re feeling stuck or overwhelmed, this episode is packed with actionable advice and strategic insights on how to build a business that doesn’t just survive but thrives on your terms.
Whether you’re at the start of your journey or hitting a plateau, Paul Farmer’s approach of not letting your business run you might just be the fresh perspective you need.
WHAT YOU’LL DISCOVER IN THIS EPISODE:
- Paul reveals how his CPA background uniquely positions him to help businesses grow beyond the numbers (00:13)
- How business owners often lose track of their vision, and the first warning signs that things are going off the rails (03:57)
- The mental traps business owners fall into and the importance of taking actionable steps to combat stagnation (06:00)
- Why vulnerability is essential for business growth and how to harness it for your advantage (09:39)
- Defining growth on your terms — why bigger isn’t always better and what sustainable growth really looks like (12:50)
- How Paul moved from compliance to strategy and found his passion in helping businesses unlock their full potential (17:40)
- How to use social media as a tool for both client attraction and referral generation (23:04)
- Why you don’t need complex systems to create effective referral networks and stay top of mind (26:19)
- Quick-fire questions with Paul (30:30)
Quotes
“I often use the phrase, ‘My house, my rules,’ because a lot of the time, we have to make our business fit into what everyone else wants. And as we were just talking about, no — it’s YOUR business.” – Paul Farmer
“Unless you’re taking action, you don’t earn the right to whinge and bitch and moan about something.” – Paul Farmer
“If you’ve got a problem in business, someone else has had it before you. And if more than two people have had the problem, there will be someone who solves that problem for money.” – Tim Hyde
“Being in a space where you’re okay being vulnerable, that’s where most growth comes from.” – Paul Farmer
“We don’t necessarily need to create super complex systems. We just need to create a system that allows us to drive that behaviour.” – Tim Hyde
“If we’re going to build a referral engine for you through strategic partnerships or through customers, one of the boxes that we need to tick for you is the ability to stay top of mind, because you will not get referred if you are not top of mind with a person when they come across an opportunity for you.” – Tim Hyde
Get in touch with PAUL FARMER
Website: https://mentorisgroup.com.au/
LinkedIn: https://www.linkedin.com/in/brisbanebusinesscoach/
Facebook: https://www.facebook.com/mentorisgroup/
Instagram: https://www.instagram.com/mentoris_group_consulting/
