• How to Grow a Business by Matt Holmes

  • By: Matt Holmes
  • Podcast

How to Grow a Business by Matt Holmes

By: Matt Holmes
  • Summary

  • Launchguide Podcast - How to Grow a Business by Matt Holmes

    © 2024 How to Grow a Business by Matt Holmes
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Episodes
  • How to Grow a Business | Noah Healy | S1 EP 9
    Jul 4 2024

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    Summary

    Noah Healy, a mathematician with expertise in computational math and algorithms, discusses his work on upgrading the operating methods of the global economy. He talks about his company, Coordinated Discovery Market (CDM), and their goal of improving price discovery and maximizing commodities trade volume. Noah shares his daily routine, which involves networking, recording podcasts, and reading mathematics papers. He also discusses his love for music, particularly the connections between mathematics and music. Noah explains his most difficult project, CoorDisc, which took him six months to solve and involved adding recursion to a communication protocol. He also shares his rewarding experiences in solving math problems and building models for sales teams. Noah Healy discusses the problems with current market systems and the need for a solution. He explains that markets are about bringing together supply and demand in balance, but the current system is inefficient and has led to a growing divide between insiders and the rest of the market participants. This has resulted in declining rates of return and a lack of predictability. Noah proposes a solution that involves creating an explicit role for providing information in the marketplace, with the goal of balancing supply, demand, and pricing. He believes that addressing this problem is crucial to prevent a collapse of the economy. Noah Healy discusses the concept of Coordinated Discovery Markets (CDMs) and their potential impact on the economy. CDMs are online marketplaces that integrate price discovery and information sharing to create more efficient and transparent markets. By leveraging the power of technology and collective intelligence, CDMs aim to reduce transaction costs, increase profitability for producers, and provide accurate price information to buyers. The implementation of CDMs could disrupt traditional market structures and benefit both producers and consumers. However, there are challenges in obtaining patents and gaining acceptance for this innovative approach.

    Keywords

    mathematics, computational math, algorithms, global economy, Coordinated Discovery Market, price discovery, commodities trade, networking, podcasts, mathematics papers, music, recursion, communication protocol, CoorDisc, sales team, market systems, inefficiency, supply and demand, balance, insiders, declining rates of return, lack of predictability, explicit role for information, balancing supply and demand, pricing, collapse of the economy, Coordinated Discovery Markets, CDMs, online marketplaces, price discovery, information sharing, efficiency, transparency, transaction costs, profitability, producers, consumers, disruption, patents

    Takeaways

    • Noah Healy is a mathematician working on upgrading the operating methods of the global economy.
    • His company, Coordinated Discovery Market (CDM), aims to improve price discovery and maximize commodities trade volume.
    • Noah's daily routine involves networking, recording podcasts, and reading mathematics papers.
    • He has a deep interest in the connections between mathematics and music.
    • Noah's most difficult project, CoorDisc, involved adding recursion to a communication protocol.
    • He finds solving math problems and building models for sales teams to be rewarding experiences. The current market system is inefficient and has led to a growing divide between insiders and the rest of the market participants.
    • There is a need for an explicit role for providing information in the marketplace to balance supply, demand, and pricing.
    • Addressing the problems with market systems is crucial to prevent a collapse of the economy.

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    1 hr and 55 mins
  • How to Grow a Business | Charles Read, MBA, CPA | S1 EP 8
    Jun 26 2024

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    In this week's episode we sit down with Charles Read, MBA, CPA, President & CEO of Custom Payroll Associates, INC., and Getpayroll.com, decorated Vietnam Veteran and former United States Marine, US Tax Court Practitioner, Internal Revenue Service Advisory Council Member, published Author and Speaker, Fox Business Contributor, featured guest of Maria Bartiromo (host of Mornings with Maria and Maria Bartiromo's Wall Street), and devoted husband and doting father.

    We follow the journey Charles took starting at the tender age of 6, working for his father and family business making copies at .01 penny per page, before striking out on his own at a young age to join the Armed Services. Charles works for a variety of corporations, picking up something from each but never exactly fitting the corporate culture, deciding to one day do things his own way.

    Charles creates a suite of enterprise-level payroll, timekeeping and HR solutions, among other things, and focuses in on the Small to Medium-Sized Business at around 20 associates.

    Summary

    In this episode, host Matt Holmes interviews Charles Reed, the president and CEO of Get Payroll. Charles has a storied background and career, with over 50 years of financial leadership experience in various industries. Get Payroll provides payroll and payroll-related services to small and medium-sized businesses in the United States, with a unique selling proposition of compliance. Charles is a CPA and a U.S. tax court practitioner, which allows him to advocate for his clients with the IRS. He shares insights on the IRS, the challenges of working with them, and the importance of compliance in payroll services. In this part of the conversation, Charles Read discusses the importance of passion and the challenges that veterans face when transitioning into the corporate workplace. He emphasizes the need for unlearning certain military behaviors and adapting to a different environment. Charles also shares his hierarchy of priorities in business, which includes mission, men, and self. He highlights the significance of taking care of the team and creating a positive work environment. Charles talks about the growth of his company and the role of marketing in its success. He also opens up about the personal tragedy of losing his daughter and how he found the strength to move forward. In this conversation, Charles Read, the CEO of GetPayroll, shares his insights and experiences in growing a business. He emphasizes the importance of tenacity and perseverance in both personal and professional life. Charles discusses the role of marketing and social media in business growth and highlights the need for businesses to stay on top of market trends and technology. He also talks about the key services offered by GetPayroll, including payroll, timekeeping, HR consulting, and retirement programs. Charles shares valuable advice for aspiring business owners, such as working on the business rather than in the business and going the extra mile for clients.

    Takeaways

    • Get Payroll provides payroll and payroll-related services to small and medium-sized businesses in the United States, with a focus on compliance.
    • Charles Reed is a CPA and a U.S. tax court practitioner, which allows him to advocate for his clients with the IRS.
    • Working with the IRS can be challenging, and it is important to be proactive and understand the law and regulations.
    • Entrepreneurs bring a different mindset and passion to their businesses compared to professional managers in corporate America. Passion is crucial for success in business and entrepreneurship.
    • Veterans face challenges when transitioning into the corporate workplace and need to unlearn certain military behaviors.

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    1 hr and 41 mins
  • How to Grow a Business | S1 EP7 | Alenka Kysilik
    Jun 21 2024

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    In this week's episode we sit down with @Alenka Kysilik, founder of SAHA Collective. We follow the journey she took through a Corporate Workplace for 15 years before having a *vision* to go and solve the mismatch between Providers of Care and Seekers of Care, often when conventional medicine isn't a fit or the process breaks down.

    Alenka creates a marketplace where you can get matched up with your Ideal Provider, based on values and shared visions of "fast" versus "slow" medicine.


    Summary

    In this episode, Matt Holmes interviews Alenka Kyslik, the founder of SAHA Collective. Alenka shares her journey from the corporate world to entrepreneurship and discusses her mission to connect experts with those in need. They also discuss the challenges and rewards of working on difficult projects and the importance of having support from your team and boss. Alenka Kyslik, founder of SAHA Collective, shares her early experiences and the challenges she faced growing up as the oldest child of immigrant parents. She emphasizes the importance of choosing to grow and learn from difficult times. Alenka discusses her journey from working in the corporate world to pursuing her passion in the health-related space. She talks about the role of product management and the challenges of translating external needs into practical solutions. The name 'Saha' was chosen because it is easy to spell, say, and remember, and it translates to 'connection' or 'together' in Sanskrit. The platform will offer a matchmaking system based on worldview and values, ensuring that individuals are paired with providers who share their beliefs. Saha Collective plans to launch on a smaller scale, focusing on underserved populations and providing them with access to healthcare options that they may not find elsewhere. The platform will also include a fund to support individuals who cannot afford services.

    Takeaways

    • Sharing your journey, whether successful or not, can help others who are in need of guidance.
    • Taking a holistic approach to healing can provide solutions for those who have not found answers in conventional medicine.
    • Creating a marketplace that connects experts with individuals based on shared values can be a valuable resource.
    • Having support from your team and boss is crucial when working on difficult projects.
    • Being able to adapt and problem-solve in unfamiliar situations is a valuable skill in entrepreneurship. Choose to grow and learn from difficult times
    • Follow your passion and pursue meaningful work
    • Self-care is essential to avoid burnout Navigating privacy laws and compliance is a challenge in product development, especially when it comes to integrating user data.

    Topics

    • The Importance of Team and Manager Support
    • Creating a Marketplace for Expert Connections From the Corporate World to Pursuing Passion
    • The Importance of Self-Care to Avoid Burnout The Limitations of Western Medicine
    • The Importance of Holistic Healthcare Saha Collective: Revolutionizing Access to Healthcare
    • Matchmaking for Healthcare: Finding Providers Who Share Your Beliefs

    Sound Bites

    • "Sharing the path you took, whether it was successful or not, will absolutely help someone."
    • "For those who have not found answers in conventional medicine, there are solutions elsewhere."
    • "Saha Collective is designed to match vetted professionals to individuals based on their shared values.
    • "What doesn't kill you makes you stronger has been disproven in that if you don't choose for it to make you stronger, it won't."

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    1 hr and 55 mins

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