In this episode of the Lead IN Podcast, Austin welcomes Matt Ballard for another dynamic conversation focused on entrepreneurship, mindset, and the realities of owning a business. Matt shares his journey in the HVAC industry, discussing the challenges and lessons learned as he navigates the world of business ownership.

Episode Highlights:

- The pair reflects on the emotional toll of ownership, where Matt candidly discusses the pressures business owners face, especially when it comes to credit and trust.

- Acknowledging the need for stability, Matt emphasizes that the more you rely on credit for business success, the less successful the business may be.

- They explore the concept of “legacy energy” in business versus the chaotic energy of startups, emphasizing the calm, strategic approach needed when managing existing businesses.

- Matt shares his experiences with building trust among his team, highlighting the importance of communication and consistent follow-through.

- The duo discusses the impact of personal growth and how business owners often neglect their well-being in pursuit of financial success.

- Austin and Matt encourage listeners to focus on foundational aspects of their business and the significance of fostering a strong team dynamic.

Key Takeaways:

- Entrepreneurs should aim for a balance between ambition and personal well-being to avoid burnout.

- Trust and communication are essential for effective team management and successful change implementation.

- Understanding the emotional complexities of business ownership can help leaders navigate their roles more effectively.

- A strong foundation and a diverse approach to business strategies lead to long-term success.

This episode serves as a valuable resource for business owners looking to enhance their mindset and leadership qualities while navigating the challenges of entrepreneurship.

For more insightful discussions on entrepreneurship and personal development, be sure to share this episode and leave a rating or review! To know more about our host Austin Linney, visit www.austinlinney.com Stream on: - Spotify: https://open.spotify.com/show/0ocMWKCzR8kzO5W7Zaz0FC - Apple: https://podcasts.apple.com/us/podcast/lead-in-podcast/id1728419723 - Amazon: https://music.amazon.co.uk/podcasts/2f377cd8-9be2-4217-a2df-a409628586b6/leadin-podcast - Pocketcast: https://pca.st/3bc4dqjl