Better Human Business Podcast

Data rules! Here’s how data unexpectedly became my secret weapon in business and how it might just revolutionize yours too.

In a recent team meeting at PT biz, a casual conversation about run dynamics and personal updates led me to an epiphany about my business: Data is king.

D.R.E.A.M. (Data Rules Everything Around Me)

Inspired by Wu Tang’s “CREAM” (Cash Rules Everything Around Me), I’ve adopted “DREAM” (Data Rules Everything Around Me) as my new mantra. This shift wasn’t just about numbers; it was about recognizing that the principles governing my fitness data obsession could be applied with equal success to my business.

From Fitness to Business: A Seamless Transition

The leap from analyzing fitness metrics to embracing business analytics was less a jump and more a natural step. My love for data, deeply rooted in improving fitness outcomes, turned out to be the perfect foundation for making informed, strategic business decisions.

Data Rules: The Thread That Binds

This journey taught me an invaluable lesson: at the heart of every passion or pursuit lies a thread that can guide your business strategy. For me, that thread was data. It connected my interests, informed my decisions, and ultimately, reshaped my approach to business.

Your Turn: Find Your Thread

What’s your thread? Identifying it can transform how you see and operate your business. It’s not just about what you’re good at; it’s about finding the core principle that drives you and leveraging it across all aspects of your life and business.

Conclusion: Leverage Your Core

Understanding that data rules—or whatever your personal thread may be—is your most powerful tool can open new doors in both your personal and professional life. It’s about embracing your unique strengths and applying them to your business in a way that’s both meaningful and impactful.

Remember, the key to success isn’t just hard work; it’s about working smart, with a clear focus on what truly matters. So, find your thread, pull it tight, and watch as it guides you to new heights.

Stay driven, stay data-focused, and most importantly, stay true to what makes your approach unique.

-Jerred Moon

Listen to the episode on Apple Podcasts, Spotify, Overcast, Podcast Addict, Pocket Casts, Castbox, Google Podcasts, Amazon Music, or on your favorite podcast platform.

TIME-STAMPED SHOW NOTES:

(00:00) Introduction – Why the intro song “Cream” by Wu Tang? Introduction to falling in love with business through accidental data fascination.

(01:00) The Epiphany from Run Dynamics – How analyzing run dynamics for health led to a broader realization about data-driven decision-making in business.

(02:00) Data-Centric Approach in Business – Emphasizing the importance of data in tracking, scaling, and reporting business operations.

(03:00) Personal Journey with Data and Business – The analogy of discovering one’s passion for business through data, similar to romantic comedy plotlines.

(04:00) Fitness Data’s Impact on Business Strategy – Transitioning from fitness data analysis to applying data principles in business for growth and efficiency.

(05:00) Realizing the Power of Data – The moment of recognizing data as the linchpin in both personal and professional realms.

(06:00) Identifying Your Convergence Point – Encouragement to find where personal passion and business potential meet through data.

(07:00) Utilizing Personal Strengths for Business Growth – How leveraging innate skills, like people engagement, can be pivotal in business development.

(08:00) Core Strength and Business Focus – The importance of honing in on your unique strength or “thread” that enhances both life and business.

(09:00) The Challenge of Finding Your Thread – A call to action for listeners to identify and utilize their core strengths to unlock new opportunities.

(10:00) Conclusion – Summarizing the journey of embracing data in business and the encouragement to find and follow one’s unique thread for success.

Should personal finance for the entrepreneur be the same as for the employee?

In some ways, yes. You need to save, budget, and so on. Basic financial principles apply to all people who earn income.

But entrepreneurs are different. We have more say over production. In this episode of the podcast, I cover three basic principles for personal finance for the entrepreneur.

Quick Tips: Personal Finance for the Entrepreneur

#1 – Don’t let your accountant limit your growth 

This one is simple. Never let an accountant or bookkeeper tell you what you should or shouldn’t spend your money on. Your job is growth; to continue growing, you have to invest in yourself. Many people don’t understand this fact.

#2 – Quit trying to save. You’re an entrepreneur…GROW. 

Setting aside some savings is fine. However, don’t focus too much on how much you can save and invest… That’s wasted energy. Instead, focus on how much you can grow! An entrepreneur should focus on earning money, not saving it.

#3 – Profit over everything 

Lastly, know your profit! Take your revenue, pay everything, and pay everyone. What’s left? YOUR PROFIT. We can calculate it in other ways, but what I stated above is the simplest way to track profit. Always know your profit, have a goal for it, and track it!

Please enjoy

-JM

Listen to the episode on Apple Podcasts, Spotify, Overcast, Podcast Addict, Pocket Casts, Castbox, Google Podcasts, Amazon Music, or on your favorite podcast platform.

TIME-STAMPED SHOW NOTES:

(02:59) #1 – Don’t let your accountant limit your growth 
(06:49) #2 – Quit trying to save. You’re an entrepreneur…GROW. 
(09:15) #3 – Profit over everything 

Do you know your competitive advantage?

In this episode of the Better Human Podcast, I discuss competitive advantage for coaches and clinicians.

Investopedia defines competitive advantage as follows:

“Competitive advantage refers to factors that allow a company to produce goods or services better or more cheaply than its rivals. These factors allow the productive entity to generate more sales or superior margins compared to its market rivals. Competitive advantages are attributed to a variety of factors, including cost structure, branding, the quality of product offerings, the distribution network, intellectual property, and customer service.”

Sounds nice…

But what about for YOU?

You aren’t running a massive operation. Undercutting the competition by $1.23 per unit won’t be your BIG advantage.

Likewise, if you are a coach or a clinician, you may think your advantage is the actual service you provide.

Sorry, it’s probably not. Don’t get me wrong, I am sure you are awesome. However, it’s not why most customers come to see you.

Finding Your Competitive Advantage:

First, look at yourself and your team.

Second, examine how people feel when they get to work with you.

Third, ask your employees what THEY think is the advantage in your company.

Fourth, THINK about it!

Once you locate it, you’ll realize no one else has what you have. Now, you have found your competitive advantage. The only thing you need to do from here is lean into it! This will be a game-changer for you.

If you can’t take the time to find out your unique advantage in your market… TRY HARDER!

-JM

Listen to the episode on Apple Podcasts, Spotify, Overcast, Podcast Addict, Pocket Casts, Castbox, Google Podcasts, Amazon Music, or on your favorite podcast platform.