How To Be Moderately Successful.

Hosted by Mike Scott

Business Management

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Latest episode

Jun 2026

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EN-AU

About the show

Building a business is hard. Maintaining healthy relationships with those that you care about is hard. Staying fit and healthy in your body, your mind and your emotions is hard. This podcast is about finding and sharing tools, strategies and experiences that may help you to achieve and maintain moderate success in your life, whatever that means to you. There is a ton of content created by the billionaires, the ultra successful athletes, and by people that are at a level that the vast majority of us will just never get to. And if you're anything like me, you're totally okay with that. This is a place where we talk about how to build a great business, but not necessarily a massive one. A place to talk about how we build a life that is balanced and integrated, but not necessarily optimised to levels that are not realistic for most of us. In short, it's a place where we explore how to be moderately successful. The work will always remain yours, and for the most part, it's simple, but not easy. I sincerely hope it's valuable to you. -Mike If you want to talk about working with me get in touch on mike@smbmastery.com.au or https://www.linkedin.com/in/mikeadamscott/

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56 recent

June 21, 202619 min

EP56 Treat Your Relationship Like A Business

Send us Fan Mail Mike shares how applying business principles and custom tools can enhance personal relationships, especially marriage, through structured weekly check-ins and goal tracking. He discusses practical methods to improve communication, alignment, and shared goals with his partner, using simple tech solutions. keywords relationship management, personal development, marriage, goal setting, productivity, AI tools, Claude, weekly check-in, communication, financial planning key topics Applying business measurement principles to marriage Building a custom app with Claude for relationship check-ins Weekly relationship check-ins and their benefits Aligning on goals, finances, and personal growth Using AI tools for practical relationship management The importance of continuous improvement in marriage Reflecting on wins and challenges weekly Supporting each other's goals and needs "Marriage is a strategic decision, like a business." "What gets measured, gets improved." "A 50K run is just a stubborn five." Chapters 00:00 The Importance of Life Partnerships 02:40 Applying Business Principles to Relationships 05:54 The Weekly Us Meeting Ritual 11:19 Financial Alignment and Shared Goals 17:24 Continuous Improvement in Relationships Find out more about working with me or about applying to join the Room 27. https://www.smbmastery.com.au/ https://www.linkedin.com/in/mikeadamscott/ https://room27.com.au/

May 6, 202612 min

EP55 The Four Pillars of Effective Leadership for Emerging Managers

Send us Fan Mail In this episode, Mike Scott shares four simple but powerful frameworks for emerging leaders and middle managers in small to mid-sized businesses. He explores the trap of chasing certainty, the underrated skill of leading up, providing clarity to those you lead, and defining the leader you want to become. keywords leadership, management, clarity, certainty, leading up, leading down, leadership identity, decision-making, middle management, leadership frameworks key topics Clarity over certainty as a leadership unlock Leading up and pulling clarity from your own leaders Leading down and providing clarity to your team Defining your leadership identity with three words Using identity as a daily decision-making filter "The pursuit of certainty doesn't really exist." "Leading up means pulling clarity from your leader." "Before you can expect accountability, you need to provide clarity." Chapters 00:00 The Pursuit of Clarity Over Certainty 02:21 Leading Up: Pulling Clarity From Your Leaders 04:34 Leading Down: Providing Clarity to Your Team 06:55 Defining Your Leadership Identity 09:17 Putting the Frameworks Into Practice resources Essentialism by Greg McKeown - https://www.amazon.com/Essentialism-Disciplined-Pursuit-Less-ebook/dp/B00X4WHP5E Find out more about working with me or about applying to join the Room 27. https://www.smbmastery.com.au/ https://www.linkedin.com/in/mikeadamscott/ https://room27.com.au/

April 22, 202649 min

EP54 How To Actually Get Better At Something

Send us Fan Mail In this engaging conversation, Mike Scott and Troye S Wallett explore personal finance, wealth building, and effective strategies for financial independence. They discuss practical systems, mindset, and first principles to help listeners optimize their financial future. keywords personal finance, wealth building, financial independence, investment strategies, automation, budgeting, personal wealth, financial planning, index funds, crypto key topics Personal wealth definition and emotional aspect Automated financial systems and envelope method Investment strategies: ETFs, crypto, and index funds Importance of shared financial goals in partnerships Adapting financial plans over different life stages "Getting rich slowly is actually pretty easy." "Finance is difficult, but it’s worth the effort." "The hard things in life are the ones worth doing." Chapters 00:00 Introduction to Personal Finance 05:19 Defining Personal Wealth 10:16 Creating a Personal Finance Plan 17:09 Communication in Financial Partnerships 20:09 Investing Principles and Strategies 21:55 The Importance of a Financial Plan 27:05 Understanding Investment Strategies 32:21 The Evolution of Financial Mindset 36:48 Establishing Financial Bare Minimums 42:16 Final Thoughts on Personal Finance resources The Barefoot Investor - https://www.amazon.com.au/Barefoot-Investor-Scott-Pape/dp/0730385624 Profit First - https://www.amazon.com/Profit-First-Transform-Your-Binance/dp/0735214140 Morgan Housel - Psychology of Money - https://collabfund.com/blog/morgan-housel-the-psychology-of-money/ Scott Pape - The Barefoot Investor - https://barefootinvestor.com/ Warren Buffett Quote - https://www.investopedia.com/terms/w/warrenbuffett.asp Find out more about working with me or about applying to join the Room 27. https://www.smbmastery.com.au/ https://www.linkedin.com/in/mikeadamscott/ https://room27.com.au/

April 8, 202645 min

EP53 Breaking Down Personal Finance

Send us Fan Mail In this engaging conversation, Mike Scott and Troye Wallett explore personal finance, wealth building, and effective strategies for financial independence. They discuss practical systems, mindset, and first principles to help listeners optimize their financial future. keywords personal finance, wealth building, financial independence, investment strategies, automation, budgeting, personal wealth, financial planning, index funds, crypto key topics Personal wealth definition and emotional aspect Automated financial systems and envelope method Investment strategies: ETFs, crypto, and index funds Importance of shared financial goals in partnerships Adapting financial plans over different life stages "Getting rich slowly is actually pretty easy." "Finance is difficult, but it’s worth the effort." "The hard things in life are the ones worth doing." Chapters 00:00 Introduction to Personal Finance 05:19 Defining Personal Wealth 10:16 Creating a Personal Finance Plan 17:09 Communication in Financial Partnerships 20:09 Investing Principles and Strategies 21:55 The Importance of a Financial Plan 27:05 Understanding Investment Strategies 32:21 The Evolution of Financial Mindset 36:48 Establishing Financial Bare Minimums 42:16 Final Thoughts on Personal Finance resources The Barefoot Investor - https://www.amazon.com.au/Barefoot-Investor-Scott-Pape/dp/0730385624 Profit First - https://www.amazon.com/Profit-First-Transform-Your-Binance/dp/0735214140 Morgan Housel - Psychology of Money - https://collabfund.com/blog/morgan-housel-the-psychology-of-money/ Scott Pape - The Barefoot Investor - https://barefootinvestor.com/ Warren Buffett Quote - https://www.investopedia.com/terms/w/warrenbuffett.asp Find out more about working with me or about applying to join the Room 27. https://www.smbmastery.com.au/ https://www.linkedin.com/in/mikeadamscott/ https://room27.com.au/

March 18, 2026Episode 5228 min

EP52 Zone 2: The Key to Performance

Send us Fan Mail In this conversation, Mike and Troye delve into the concept of Zone Two training, exploring its physiological basis, benefits for both physical and mental health, and its application in business performance. They discuss how maintaining a Zone Two intensity can lead to improved cardiovascular health, better mental clarity, and a more regulated nervous system. The conversation emphasizes the importance of building capacity through consistent training and how this approach can be beneficial not only for athletes but for anyone looking to enhance their overall well-being and performance in various aspects of life. Takeaways Zone Two training is the intensity you can maintain for a long time. It helps in regulating the nervous system and reducing anxiety. Building capacity through Zone Two training is essential for performance. You can engage in Zone Two training through various activities like walking, running, or cycling. Nasal breathing is a key indicator of being in Zone Two. Zone Two training can lead to better sleep and mental clarity. It's important to avoid going too hard or too slow in training. The benefits of Zone Two training extend beyond physical fitness. A sound body and mind are crucial for success in any endeavor. Consistency in Zone Two training can lead to significant improvements over time. Chapters 00:00 Introduction to Zone Two Training 00:58 Understanding Zone Two Training 03:55 The Importance of Zone Two Training 06:54 Performance and Mental Health Benefits 09:55 Zone Two in Business Context 13:30 The Connection Between Physical and Mental Performance 19:03 Physiology Behind Zone Two Training 23:15 Practical Application of Zone Two Training Zone Two Training, Triathlon, Physical Health, Mental Clarity, Exercise Benefits, Cardiovascular Health, Business Performance, Stress Management, Endurance Training, Healthy Lifestyle Find out more about working with me or about applying to join the Room 27. https://www.smbmastery.com.au/ https://www.linkedin.com/in/mikeadamscott/ https://room27.com.au/

March 4, 202639 min

EP51 Mastering Cash Flow for Business Success

Send us Fan Mail Summary In this conversation, Mike and Troye delve into the critical topic of cash flow, exploring its significance in business success. They discuss the evolution of business metrics from revenue to cash flow, emphasizing the importance of understanding cash flow as a leadership and management tool. The conversation also covers practical techniques for managing cash flow, including forecasting and analyzing past cash movements. Finally, they outline seven key strategies for improving cash flow, providing actionable insights for business owners. Takeaways Revenue means nothing without margin. Profit is important, but cash is the ultimate reality. Cash flow is the movement of cash in and out of your bank account. Understanding cash flow helps in making better business decisions. You should focus on generating free cash flow for business success. Increasing prices can be a quick way to improve cash flow. Improving debtor days can significantly impact cash flow. Cash flow management is a leadership tool, not just a finance tool. Scenario planning is essential for effective cash flow management. Building reserves gives businesses optionality and resilience. Chapters 00:00 Understanding Cash Flow: The Foundation of Business Success 10:38 The Evolution of Business Metrics: From Revenue to Cash Flow 19:39 Measuring Cash Flow: Tools and Techniques 26:21 Seven Levers to Improve Cash Flow 35:25 Shifting Mindsets: From Operator to Capital Allocator cash flow, business success, revenue, profit, financial management, leadership, cash flow management, business metrics, financial health, cash flow strategies Find out more about working with me or about applying to join the Room 27. https://www.smbmastery.com.au/ https://www.linkedin.com/in/mikeadamscott/ https://room27.com.au/

February 20, 2026Episode 5029 min

EP50 Is Accountability all it's cracked up to be?

Send us Fan Mail Summary In this episode, Mike and Troye delve into the complexities of accountability and habit tracking, exploring how these concepts relate to personal growth and behavior change. They discuss the importance of environment, identity, and motivation in facilitating change, while also challenging traditional views on accountability mechanisms. The conversation emphasizes the need for a supportive environment and a clear understanding of what is at stake in order to drive meaningful behavior change. Takeaways Accountability can be perceived differently by individuals. Setting up the right environment is crucial for behavior change. Identity plays a significant role in how we approach change. Understanding what is at stake can motivate behavior change. Habit tracking may not work for everyone; it's about finding the right mechanism. Motivation can fluctuate; it's important to recognize where you are in the change process. Behavior change often requires a gradual approach rather than a sudden shift. The people you surround yourself with influence your behavior and values. Exploring the reasons behind habits can lead to better understanding and change. Creating a framework for change involves aligning identity, environment, and motivation. Chapters 00:00 Introduction and Acknowledgment of Feelings 02:45 Exploring Accountability and Habits 05:15 The Role of Environment in Behavior Change 08:09 Identity and Commitment to Change 11:06 Motivation and Stages of Change 13:36 The Stakes of Behavior Change 16:28 Shifting Perspectives on Status and Behavior 19:29 Practical Strategies for Behavior Change 22:22 Conclusion and Framework for Change Keywords accountability, habit tracking, behavior change, motivation, environment, identity, personal development, mindfulness, meditation, self-improvement Find out more about working with me or about applying to join the Room 27. https://www.smbmastery.com.au/ https://www.linkedin.com/in/mikeadamscott/ https://room27.com.au/

February 4, 2026Episode 4920 min

EP 49 The Two Timeframes That Will Make You a Better Leader

Send us Fan Mail In this episode, Mike discusses the importance of focusing on two critical timeframes: the next hour and the next ten years. He shares personal anecdotes and insights on how these timeframes can guide decision-making and leadership development. By balancing immediate actions with long-term goals, individuals can enhance their leadership skills and achieve greater success. Keywords leadership, time management, personal development, long-term goals, immediate actions Takeaways Focus on the next hour and the next ten years. Immediate actions should align with long-term goals. Identity statements can guide personal growth. Balancing short-term and long-term thinking is crucial. Intentional decisions enhance leadership skills. Energy management is key to success. Avoid living in reactive mode. Dreams require actionable steps. Consistency in actions leads to compounding benefits. Reflect on future self's perspective on current actions. Find out more about working with me or about applying to join the Room 27. https://www.smbmastery.com.au/ https://www.linkedin.com/in/mikeadamscott/ https://room27.com.au/

January 21, 2026Episode 4822 min

EP48 Identity and Success - A New Perspective

Send us Fan Mail Summary In this conversation, Troye discusses the concept of identity in relation to achieving success, using the integrator metaphor to explore personal growth and the process of experimentation in defining one's path. Takeaways The integrator idea serves as a metaphor for process. Identity plays a crucial role in achieving success. Personal growth involves experimentation and self-discovery. Understanding who you need to be is essential for success. Troye is excited about his new approach and its potential outcomes. The conversation emphasizes the importance of reflection over time. Success is not just about outcomes but also about the journey. Engaging in new experiments can lead to valuable insights. The idea of identity is fluid and can evolve with experiences. Troye encourages revisiting these concepts in the future. Keywords identity, success, integrator, process, personal growth, experimentation Find out more about working with me or about applying to join the Room 27. https://www.smbmastery.com.au/ https://www.linkedin.com/in/mikeadamscott/ https://room27.com.au/

January 7, 2026Episode 4740 min

EP47 Navigating Overwhelm - The Clarity Principle

Send us Fan Mail Summary In this conversation, Mike and Troye discuss the concept of overwhelm, emphasising that it is not merely about having too much to do, but rather a lack of clarity in various aspects of life. They highlight the importance of clarity of mind, systems, priorities, and action in overcoming feelings of overwhelm and achieving better outcomes. Takeaways Overwhelm is not just about workload. Clarity is essential for effective action. Mind clarity helps in decision-making. Systems can streamline our tasks. Prioritizing tasks reduces feelings of overwhelm. Knowing the next step is crucial. A clear mindset enhances productivity. Action clarity leads to better results. Confusion arises from too many tasks. Structure in systems aids in focus. Keywords overwhelm, clarity, priorities, action, systems, mindset Find out more about working with me or about applying to join the Room 27. https://www.smbmastery.com.au/ https://www.linkedin.com/in/mikeadamscott/ https://room27.com.au/