EP456: Nancy Gwynne-Vaughan - Overcoming Small Business Challenges

“And so I went through all of the little folders and things that I had stored different goals, and I pulled them all into one place and had a whole week to really think about what I wanted my goals to be for next year. And that brought tremendous clarity.” -Nancy Gwynne-Vaughan In this episode, Nancy Gwynne-Vaughan, President of Graham Consulting & Training Inc., explores the realities of running a small business in the bookkeeping sector, offering insights on overcoming challenges, creating effective systems, and setting purposeful goals. She underscores the importance of adaptability, continuous learning, and support systems in navigating the complexities of business ownership. To learn more about Nancy, click here. Connect with her on LinkedIn. If you need help building systems in your business, visit PureBookkeeping.com. Time Stamp: 00:39 - The constant unpredictability & challenges of running a small business 03:01 - Building systems, managing staff effectively & creating a supportive team 04:54 - Reflecting on the past year & planning actionable steps for success 09:05 - Breaking down annual goals into quarterly & weekly plans 13:20 - How goal-setting & positive thinking can shape business outcomes 17:45 - Balancing personal & business goals 24:32 - Preparing for challenges 31:23 - Building a reliable team & leveraging tools 36:35 - Maintaining an entrepreneurial growth mindset 42:19 - Insights on lifelong learning, embracing change & finding fulfilment