Mastering Business Growth with a “One Week, One Thing” Approach with Jeffrey Nott
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In this episode of the Speak In Flow podcast, host Melinda Lee is joined by Jeffrey Nott, widely known as the “Business Co-Pilot,” who shares his 30 years of experience guiding small to medium businesses toward growth and success. Jeffrey discusses his “One Week, One Thing” approach, emphasizing the importance of focusing on one aspect of your business at a time to see meaningful progress. He delves into the value of getting the right people on your team, understanding your KPIs, and making small, consistent improvements that can lead to significant growth.
Listeners will walk away with actionable steps to improve their business efficiency, enhance team dynamics, and ultimately, create sustainable business growth by doing less but focusing on the right things.
In This Episode, You Will Learn:
The “One Week, One Thing” Strategy
Jeffrey Nott introduces the concept of focusing on one area of business each week, from team-building to financial management, allowing for steady and achievable progress. This approach ensures business owners spend time working on the business, not just in it.
Getting the Right People on the Bus
Jeffrey highlights the importance of hiring individuals who share your business values and how having the right team is key to growing a successful business. He draws inspiration from Jim Collins’ Good to Great and explains how misalignment in values can hinder business growth.
Understanding Your Numbers
Jeffrey discusses the importance of knowing your business KPIs, including gross profit margins and efficiency metrics. He emphasizes that even a 5% increase in profit margins can make a significant difference in your bottom line.
Small Changes Lead to Big Wins
Through case studies and personal anecdotes, Jeffrey shows how small, consistent changes can lead to massive growth – whether it's raising prices, improving customer retention, or streamlining processes.
Memorable Quotes:
"If you don't have the right people on the bus, you can't steer the company in the right direction."
"Most business owners don't know how to read a profit and loss statement – they're just focused on putting more money in the checking account."
"The difference between success and failure is often just a small, consistent adjustment."
"If you have to work in your business every day, you don't have a business – you have a job."
Resources Mentioned:
- One Week, One Thing by Jeffrey Nott (available on Amazon in ebook or paperback)
- Good to Great by Jim Collins
Connect with Jeffrey Nott:
LinkedIn: https://www.linkedin.com/in/jeffnott
Facebook: https://www.facebook.com/jeffreynott
Email: jeff@oneweekonething.com
About the Guest:
Jeffrey Nott, also known as the "Business Co-Pilot," is a seasoned business coach and author of One Week, One Thing. With over 30 years of experience, Jeffrey has helped small to medium businesses identify and tackle their most pressing issues, one step at a time. His unique approach focuses on process improvement, team engagement, and understanding key performance metrics to drive success. Jeffrey is also recognized for his dedication to youth development and has been involved in leadership roles within the community, including Toastmasters and DECA.
Fun-facts:
- Jeffrey was a track star in high school, winning the regionals.
- He once performed with the 2004 Artistic Swimming Olympic Team at a water show.
- He has owned around 100 cars throughout his lifetime.
About Melinda:
Melinda Lee is a Presentation Skills Expert, Speaking Coach, and nationally renowned Motivational Speaker. She holds an M.A. in Organizational Psychology, is an Insights Practitioner, and is a Certified Professional in Talent Development as well as Certified in Conflict Resolution. For over a decade, Melinda has researched and studied the state of “flow” and used it as a proven technique to help corporate leaders and business owners amplify their voices, access flow, and present their mission in a more powerful way to achieve results.
She has been the TEDx Berkeley Speaker Coach and has worked with hundreds of executives and teams from Facebook, Google, Microsoft, Caltrans, Bay Area Rapid Transit System, and more. Currently, she lives in San Francisco, California, and is breaking the ancestral lineage of silence.
Website: https://speakinflow.com/
Facebook: https://m.facebook.com/speakinflow
Instagram: https://instagram.com/speakinflow
LinkedIn: https://www.linkedin.com/in/mpowerall
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