Are you successful but find yourself lacking true happiness and fulfillment? For most entrepreneurs the answer is an resounding “yes.” The host of The Deep Wealth Podcast and post-exit entrepreneur Jeffrey Feldberg speaks with entrepreneur, thought leader, and success coach Brian Brault.
Brian has worn many hats, from running successful businesses to his involvement with the Entrepreneur’s Organization (EO). Along the way, he’s picked up some golden nuggets of wisdom, and he’s here to share them with you. “The leader needs to make sure that the people they’re leading can answer three questions,” Brian tells us. These questions are the foundation for creating a vision that’s clear and exciting for everyone involved.
As a successful entrepreneur himself, Brian highlights, “Investing in your family, in yourself, and the community is really the right balance to start to create a sense of purpose.”
Brian believes that companies should always be ready to reinvent themselves. “Companies constantly need to be challenging themselves,” he notes. This means not getting too comfortable with the status quo. It’s easy for businesses to get stuck in their ways, but that’s not where growth happens.
The key to avoiding this trap is to focus on innovation and culture. As Brian puts it, “Spend 10 percent of your meeting time as a leadership team focusing on Strategy and Innovation.” This keeps innovation at the forefront of the company’s mind and encourages everyone to think creatively.
The Secret Sauce of Business Success
Brian shares that companies must always be reinventing themselves, especially with how fast the world changes. He narrates the story of a company that embraced AI better than its competitors, adding, “They’ve got some young people on their team, very open-minded people.” It’s a lesson that simply resting on past successes can lead to complacency. To stay ahead, businesses need to challenge themselves and constantly innovate.
At the heart of Brian’s philosophy is the idea that business success shouldn’t come at the expense of personal happiness or family life. “People who invest in their family, in their business, in the community, and in themselves is really the right balance,” Brian shares. He believes that these aspects of life are interconnected, and success in one area feeds success in the others.
It’s not all about the money or the title. There’s a deeper kind of fulfillment that comes from building strong personal relationships and maintaining a healthy balance between work and life. To Brian, this balance enables leaders and entrepreneurs to be the best versions of themselves.
Building a Robust Company Culture
Culture plays a significant role in a company’s success. Brian explains that “good, healthy input and conflict” are crucial. He reveals, “The leader needs to make sure that the people they’re leading can answer three questions: where are we going? What do we need to do to get there? And what is my role?” This approach helps align everyone in the organization toward common goals and creates a culture of accountability.
Inspiring leadership is more than just telling people what to do. It involves collaboration and creating a culture of respect and empowerment. Brian points out that “Every human being needs to feel valued and heard,” whether at home or in the workplace.
When leaders show that they genuinely care about their teams, it transforms the workplace. “Investing in your people is essential in being a strong leader,” Brian explains. A team that feels supported and valued is more likely to be engaged and willing to go the extra mile.
A successful leader, according to Brian, also knows the importance of conflict—when managed well, it leads to deeper understanding and innovation. “The leader needs to make sure that the people they’re leading can answer three questions: where are we going? What do we need to do to get there? And what is my role?” These questions help foster a culture of alignment and accountability.
Creating a business culture that values new ideas is key. Brian shares, “Spend 10 percent of your meeting time focusing on strategy and innovation.” This ensures that fresh ideas are always part of the conversation. Make time to think about how your business can be different. Blockbuster didn’t do this and lost out to Netflix. Don’t let that happen to you.
Balancing Business with Personal Life
For many entrepreneurs, striking a balance between business success and personal happiness can be tricky. Brian invests in helping entrepreneurs find harmony by focusing on all aspects of life. He states, “What I find is that people who take the time to invest in their family, in their business, in the community, and in themselves, is really the right balance.” To achieve this, setting priorities in business, personal relationships, and community involvement is crucial.
In the hustle and bustle of business, it’s easy to lose sight of what’s truly important. Brian is a firm believer in living a life of significance, where your actions make a meaningful impact. “No one way is better than another. I think it’s a matter of being very purposeful about who we want to be,” he says.
Success isn’t only about what happens at work. It’s about feeling good personally, too. Brian talks about living a “life of significance.” This means finding balance between work and family. He says, “Invest in yourself.” Take time for wellness, both mental and physical. Are you making personal time a priority? It’s just as important as your business goals.
Brian recommends creating a list of lifetime experiences that you want to achieve, not just within the business but in life overall. This list should include experiences that enrich your life and remind you of what truly matters.
Strong relationships are a foundation for success. Brian’s approach to life shows this. He believes that knowing your team and caring about them builds trust. This trust leads to engagement and success. He says, “You. Show up as the best version of yourself.” Remember, your team is your family at work. Keep those connections strong.
The Importance of True Leadership
Brian’s experience leading within the Entrepreneur’s Organization taught him a lot about leadership. In EO, he learned to lead without positional authority. He explains, “If you can learn how to lead other leaders, that transfers back to how you lead in your business.” Leadership is not just about having a title; it’s about building relationships and influencing others to grow and make decisions.
Brian describes the importance of investing in personal relationships just as much as business ones. He encourages spending time with family and friends, which can have lasting impacts. One unique tradition he shares are “Papa Days” with his grandchildren. “It’s a day that is 100 percent focused on them, and they decide what we do.” These personal connections, often quiet, are where the true value in life lies.
Have you ever wondered how successful businesses grow? It starts with a clear vision. Brian shared, “Where are we going? What do we need to do to get there? And what is my role?” These questions can help every entrepreneur stay focused. Knowing where you’re headed makes it easier to set goals. Brian stresses that success isn’t just about the business itself but about “building teams and taking care of people.”
In today’s fast-changing world, businesses need to keep up. Brian says, “Companies constantly need to be reinventing themselves.” This means not just sticking to what you know, but looking for ways to improve. Technology changes fast, so should you. Are you using new tools like AI to help your business grow? If not, you might be missing out. Remember Kodak? They didn’t keep up, and look where they ended up. But you don’t have to follow that path. Stay ahead by being open to change.
No business journey is without hurdles. Brian shares that safely navigating conflict in relationships leads to growth, both at home and at work. He says, “Conflict leads to intimacy.” In business, this translates to understanding and resolving issues to make the team stronger. Use challenges to improve relationships and strengthen your team.
Conclusion
Whether you are looking to expand your business or find personal fulfillment, Brian Brault offers insightful strategies for leading a meaningful life. Business success should not come at the expense of personal happiness or relationships. As Brian emphasizes, “No failure in the home can justify success in business.” By fostering a strong company culture, reinventing oneself consistently, and not neglecting personal relationships, true significance and success can be achieved.
Thinking ahead is crucial. Your legacy isn’t about the dollars you’ve made but the lives you’ve touched. Brian believes in a life filled with meaningful experiences. He shares, “Life is going to happen, and either it can happen by accident or, you can be purposeful about increasing the likelihood that we live the way we want to live.” How can you make sure your life and work leave a positive mark on others?
In this journey, it’s vital to make decisions with both business and personal life in mind. As you take the next steps in your journey, remember the importance of balance, innovation, and meaningful relationships. Embrace both the challenges and successes, always aiming for growth and fulfillment.
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