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July 30, 2021 55 mins
https://youtu.be/ZH8sj3GJpGs

With over 40 years of banking experience under his belt, Bill McDermott made the shift from business banker to consultant after life through him a curveball. In this episode of the Rocket IT Business Podcast, Bill provides audiences with the key steps every business should consider when attempting to accommodate the current needs of the marketplace.

In this episode, you’ll hear more about:

  • How business owners can become better financial managers
  • How to make the transition into entrepreneurship
  • Why it’s important to delegate tasks as an entrepreneur
  • Maintaining a competitive mindset while operating a business
  • The importance of succession/exit planning
  • The long-term benefit of documenting all business processes
  • How to minimize entrepreneurial risks
  • Pitfalls to avoid when building a business
  • Barriers to break through for business growth

Contact Information

Bill McDermott | 770.597.3136 | Bill J McDermott on LinkedIn

Resources Mentioned

The Profitability Coach

Show Transcript

Music: (00:14)

Matt Hyatt: (00:15)
Hello everyone. And welcome to episode number 25 of the rocket it business podcast. I’m your host, Matt Hyatt. And today we’re talking with my friend and financial expert, Bill McDermott over 40 years, 40 year

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