Disruptive Successor Podcast

Episode 123 - How to Put Profit First and Avoid Burnout with John Briggs

Episode Summary

In this episode of The Disruptive Successor Show, Jonathan features John Briggs, the Founder of Incite Tax and Author of Profit First for Microgyms. John explains Parkinson's Law and says that, instead of fighting people's natural tendencies, we should create modern systems of work that integrate with them. John shares the 3.3 Rule that respects the body's natural cycles of attention and recovery to avoid burnout. He also talks about the guidelines of Profit First—the idea that business owners should pay themselves first and then run their businesses with what is left. HIGHLIGHT QUOTES John: The 3.3 Rule makes work sustainable to avoid burnout "We need to be able to give ourselves permission to not feel guilty that we're 'not working' 8-hour blocks at a time or we're not working crazy overtime hours. That's okay because the reality is whatever you do, you need to be able to come back and do it the next day." John: Applying Parkinson's Law to Profit First "We have to first understand Parkinson's Law. So the law states the demand for something expands to match the supply. So demand for something expands to match the supply." "The way we think about is, think about usually the one bank account that businesses are using, that's a giant pile of supply. The demand to spend that pile of cash will continue to increase until there's no more money left to spend. And human behavior, that's just how most of us work." Connect with John and get his book: LinkedIn: https://www.linkedin.com/in/johnbriggscpa/ Incite Tax: https://incitetax.com/ If you enjoyed today’s episode, please subscribe, review, and share with a friend who would benefit from the message. If you’re interested in picking up a copy of Jonathan Goldhill’s book, Disruptive Successor, go to the website at www.DisruptiveSuccessor.com

Episode Notes

In this episode of The Disruptive Successor Show, Jonathan features John Briggs, the Founder of Incite Tax and Author of Profit First for Microgyms. John explains Parkinson's Law and says that, instead of fighting people's natural tendencies, we should create modern systems of work that integrate with them.

John shares the 3.3 Rule that respects the body's natural cycles of attention and recovery to avoid burnout. He also talks about the guidelines of Profit First—the idea that business owners should pay themselves first and then run their businesses with what is left.

HIGHLIGHT QUOTES

John: The 3.3 Rule makes work sustainable to avoid burnout

"We need to be able to give ourselves permission to not feel guilty that we're 'not working' 8-hour blocks at a time or we're not working crazy overtime hours. That's okay because the reality is whatever you do, you need to be able to come back and do it the next day." 

John: Applying Parkinson's Law to Profit First

"We have to first understand Parkinson's Law. So the law states the demand for something expands to match the supply. So demand for something expands to match the supply." 

"The way we think about is, think about usually the one bank account that businesses are using, that's a giant pile of supply. The demand to spend that pile of cash will continue to increase until there's no more money left to spend. And human behavior, that's just how most of us work." 

Connect with John and get his book:

LinkedIn | Incite Tax

If you enjoyed today’s episode, please subscribe, review, and share with a friend who would benefit from the message. If you’re interested in picking up a copy of Jonathan Goldhill’s book, Disruptive Successor, go to the website at www.DisruptiveSuccessor.com