Barry Magliarditi, The Game Changers – InnovaBuzz 206
Barry Magliarditi, The Game Changers
In this episode, I’m really excited to have on the InnovaBuzz podcast as my guest, Barry Magliarditi, founder and CEO of The Game Changers.
Barry helps entrepreneurs and business owners grow from 6 to 7-figures & 7 to 8-figure businesses using our proven business frameworks. He teaches you about the interplay of the inner game (Yourself) and the outer game (Your business) and more importantly, how to master your inner game.
In our discussion, Barry talked to me about:
- Being super clear about your goals and how that plays to your inner game
- Building systems and processes as a key part of freeing up your time from the day to day running of the business
- The importance of surrounding yourself with a high performing team and a high performing tribe
Listen to the podcast to find out more.
Listen to the PodcastA business should never outgrow its founder. In order for your business to keep growing, you need to keep growing. @BarryMagliardit on #InnovaBuzz podcast Click To Tweet
Show Notes from this episode with Barry Magliarditi, CEO of The Game Changers
Key points and takeaways from this episode include:
- You have to learn the rules to know how to break them. You have to know the basics of doing business before you can become innovative.
- A business should be boring. If a business is constantly exciting it means it is lacking some fundamental processes and systems.
- Don’t go into business to fulfill your needs for variety and adventure. When you start to see business and life as a game, it allows you to disassociate from a lot of emotions that are there. So like a good board game, enjoy the journey regardless of whether you win or lose in the end. Learning to enjoy what you do allows yourself to be a lot more successful.
- The inner game is YOU as the business owner – your beliefs and your values, the way you go about making decisions, and the connection between your head, being your intellect, and your heart, being your intuition.
- 80% of successful leaders make decisions based on their intuition then back it up logically.
- A business should never outgrow its founder. In order for your business to keep growing, you need to keep growing.
- It is not until you start questioning your views in life that you start to realise that things are different.
- Build your business in such a way that you are getting more time back as it grows.
- A problem that is well-defined is a problem that is already solved.
- One of the key things to success is the people that you surround yourself with.
- When you listen to something, you retain 10% of the information. When you listen and write it down, you retain 40% of it. When you listen, write it down and then teach it, you retain 85% of the information.
- Be realistic. Don’t overestimate what you can do over a short a period of time and don’t underestimate what you can do in a long period of time.
- Building a business requires determination. You need to spend time to reflect on your goals and where they are at.
- Surround yourself with coaches or mentors, people who will lift you up. Surround yourself with people who have been there and can help you get there faster.
- There are two types of business owners, the smart ones and the stupid ones. The smart ones are willing to spend money to save time. The stupid ones are willing to spend time to save money.
- Determination drives people to do business. It is also the same set of attitudes that can cost people growth when they are not willing to ask for help.
- Failure is actually a success or a learning. If you want to succeed twice as fast, you have to be willing to fail twice as fast.
- Unless you are living a very shallow, non-eventful life, you are going to make mistakes. You are going to fail. That’s a part of life. It is who you become in the process and how you are willing to stand in the dignity of it and apply those learnings into making a more intelligent decision that counts.
The Buzz – Our Innovation Round
Here are Barry’s answers to the questions of our Innovation round. Listen to the interview to get the full scoop.
- #1 thing to be more innovative – Taking the time to be in nature to think and be on your own.
- Best thing for new ideas – Travel. Being curious around different industries.
- Favourite tool for innovation – Our task audit process.
- Keep project / client on track – Keep stretching them. Help them to set the next goal and regularly reviewing their goals to make sure that there is alignment.
- Differentiate – Listen to the market. Go through Michael Porter’s Five Forces. Listen to your clients and notice when your clients may be demanding something that you are not providing. That could be the greatest innovation your company could ever make.
To Be a Leader
Don’t give up. Be clear on what you want and why you want it, and then pursue it. Every step that you take is a step closer to getting what you want.
- Website – The Game Changers
- Twitter – @BarryMagliardit
- The Comeback Game Podcast
Cool things about Barry
- He has been recognised for his thought leadership by the 30 under 30, 2015 Telstra Business awards.
- He was chosen as Australian Coach of the Year for the 2016 Invia Innovation and Excellence in Business Coaching in Australia.
- He started his first business when he was 18 years old in his garage serving as a Kitchen and Renovation Company.