- Hello guys welcome back to backstage business
this is the big entrepreneurial show
and today we're at
Rosie and Morgan's business, Bonishere Limited.
They print books, they print my books
but I'm wearing one of these things.
They're very serious about health and safety here.
Let's go.
Just been with Rosie and Morgan
they've just gone down for a cheeky thank.
What is a cheeky thank?
This is a thank that's a bit rude to you,
I don't know what that is
but I'll just put that in,
that was funny, popped into my head.
cheeky think.
I don't smoker 'cause I'm great.
I was just talking to Rosie and Morgan about
what I really like business owners to think about
their business,
especially when they're like,
they got a team of nearly a hundred people.
It's a big printers, they're in a,
in a way a quite tight margin business,
so when you're in a tight margin business
you got lots of people
similar to my business.
You need to have this mentality of 10 percent up
and 10 percent down.
So what I'm always looking for
is how can we bring our cost of running down by 10 percent
year on year because the rising costs of running a business
always goes up.
Government always put new taxes on turnover,
you know, I've always been moaning about that,
but we wanna make sure
sales go up 10% and costs go down 10 percent
so the the net difference
should make a dramatic drop to the bottom line
and usually, I mean I don't,
this is not a scientific fact here
but if I grow my turnover by 10%
I doubled my profits of my business
because for my business and like this business, you know,
once you've paid for the office.
once you've paid for the team
the standing still cost, the operational costs,
the extra bolt of turnover
makes a massive huge difference to the bottom line.
Have a think about it.
So we just bot back from Rosie Morgan upon a share
the book printers of the UK.
Looking at their brand-new half-a-million power machine.
I enjoy doing a coaching session with them.
We hopscotched into the car and we got to here
in Cambridge the town
which is near them in Peterborough.
We're going in here
and we're here to see the opening of party man world.
Kingbridge which opens in four weeks time
so we're doing the final touches
and I'm just gonna show you around
because this was the building that was a victim of arson
so it was burnt down.
Someone broke in, burnt all the place down
it was a disaster.
I was in China at the time.
Put some shots in here chance to show
just how bad it was
and we're gonna go in now
and just have a quick look around
see everything.
Let's go.
Here's the main playing frame
and if you've ever wondered what 10,000
plastic ball pool balls look like,
here's the answer gang
because a lot of people have being wondering
what does it look like
and they message me and go
James, hey can you tell me what 10,000
plastic ball pools look like.
Here's the answer, here's the answer.
Toddler play area over there.
There's Elliott over-
Elliott give us a wave on camera.
Just that he's been hiding.
He's been I don't wanna know if I should be on that,
but yeah, he's the man that built all that for us.
He's actually one of my clients as well.
Lovely, lovely man.
We've got a brand new fitted out kitchen.
I suppose with our experience of running businesses
we've really worked out the flow of
these businesses as well.
So this is a really nice wash up area.
Anyone missing patrons, all your dirties
are gonna go in there,
so everything can be really nicely organized.
All the thinking and how you improve things
as you try it and go on.
This is gonna be our baby room day nursery downstairs.
Oh god that.
We refitted this all out
and we was a week away from opening and damn
it just got burnt down.
Absolute disaster.
Here it is.
Look at this chance.
Coming soon Party Man World, Cambridge.
Up here's gonna be the bigger part of the day nursery.
Oh, lights chance.
Lights.
So this is gonna be our, our toddler area.
Look at this.
Really loads of natural light.
We're a massive fan of natural light in day nurseries.
The more we can get, the better
and then this is gonna be even more room.
So this is definitely gonna be a 100 place day nursery
once we're all finished.
Staff area, really nice reception area,
garden going out at the front.
So super pumped and excited to get this open.
So guys, progress is happening
and if you've watch one of my recent videos
I've really, sort of understood what makes me happy
and makes human beings happy.
It's progression
and as long as our business is progressing in the right way
as long as our friendships are progressing in the right way,
then we're gonna keep those things happening.
If progress isn't happening
that's when we look for change
and changes isn't the thing that really makes us happy.
It's progress, responsibilities for getting stuff done
and making things happen is really what drives me.
Progression in your career,
progression in your relationships,
progression in your friendships
and one of the big things
that I've done in progress recently
is progressed our senior management team
and they didn't get an FD hampus,
since this grown to some super summers now
where we're employing over 400 people.
We're doing a million pounds worth of sales
each and every single month
and it just got a bit big for me on the financial side
and we got a really good accounts team
but we never had a fully qualified accountant
and here's my little message
for entrepreneurs and business owners watching this.
This is the big message today.
You should always aim and have a desire
to have an accountant come work in your business,
because if you think that's gonna happen
and you start acting like that's gonna happen,
then you'll get that to happen.
It might not happen now
but look at what you want your dream team
to be like in five years.
It's what I've done with Rosie and Morgan
earlier in the video.
I was talking about what does your dream team look like?
What does it look like in five years time.
Let's put the avatar of your dream team around you
and that's how you build a fantastic business.
Deciding what the end looks like.
Not just for the business,
but for the team that are gonna deliver that end business.
What does the finish team look like,
what does the finish business look like.
Leave your comments below and let me know.
Guys, thanks very much for watching Backstage Business.
I'm just catching up with Elloitt as a client of mine
and he has built this fantastic play area for us here
in parts of my world, Cambridge
and he came along to my business grove seminar
and you come along to my business grove seminar too,
for free.
There's a little link in the video description
on how you can book along
and come spend the day with me for free.
See you very soon.
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