The Power of Team: Matt Kulp's Approach to Building Business and Life
Business Builder Way Ft. Matt Kulp
In this episode, we are joined by Matt Kulp, Partner at Legacy Planning.
Welcome to the Business Builder Way, the podcast where we dive deep into the experiences and insights of successful business builders. In today's episode, we are excited to have Matt Kulp join us as our special guest. As a practitioner working with business owners, Matt has firsthand experience in the challenges and triumphs of building a thriving business. He introduces us to the concept of the "hub and spoke" model and shares his observations on how it can hinder business growth. Matt emphasizes the importance of building a strong team and developing people, a topic that dominates his conversations in his weekly business builder group.
Matt's expertise extends beyond business. He recently took a three-week sabbatical, prioritizing personal growth and nurturing his relationships. He shares his journey during this time and the valuable lessons he learned along the way. With a passion for servant leadership and a heart for investing in others, Matt has built a remarkable legacy both in business and in the lives of those around him. So join us as we dive into Matt's story and discover the insights he has to offer on the Business Builder Way.
Learn More About Matt
The Importance of Empowering Others in Business:
"If people are not empowered to be able to make some of those decisions, then that business becomes a hub and spoke business, which means that if you take the hub out of the middle of that wheel, he got major problems. That business isn't worth maybe what someone thought it was because all the value or the majority of the value outside of any assets they have is in that business owner."
About Matt In This Episode
Matt Kulp is a dedicated individual who is passionate about pouring into others and helping them grow, whether in business, family, or on the nonprofit side. He is actively involved with Men of Iron, a group that supports and mentors men. Alongside his wife and four children, Matt started his journey in legacy planning 21 years ago. Starting from scratch, he built a comprehensive financial planning client base and focused on assisting business owners in successfully transitioning their businesses.
Matt understands that most business owners don't transition on their own terms and aims to help them achieve their desired outcome. Currently, Matt leads a team of around 35 individuals across three locations. He recognizes the importance of effective leadership and values the contribution of every team member. Matt is grateful for the opportunity to be a part of others' lives and continues to make a positive impact in his community.
HOW TO BE PART OF CAMP!
ONE-TO-ONE COACHING WITH WAYNE
Coaching is an investment of time and money. It’s intense work that required you to be focused on your own personal and business growth.
MASTERMIND GROUPS FOR BUSINESS OWNERS
Groups of business owners who come together to learn, share encouragement and push one another toward new levels of greatness.
Your team needs intentional time away for training. Come to the farm to gain clarity, connection, and a path forward.
Book club is a great way to try out the network to see if it is a fit for you. Give it a try this month - it’s free and fun. Plus, you'll learn a lot from the book and conversation!
To say that I get it is an understatement. I have lived and worked through the good times and bad as a business owner, husband, parent and provider.
I grew up with strong role models who had entrepreneurship running through their blood. I learned from them - the good and the bad. But all of that didn’t stop me from making my own set of mistakes. I still had to make and learn from my own, sometimes catastrophic, errors of judgement.
Now, I am building a business just like you. I am proud of the growth I’ve accomplished within myself and my business. I also know that my growth is a journey, not a destination and that I need mentors, team members, coaches, and trusted friends to help me stay the course.
Subscribe To Business Builder Camp
Get Business Builder challenges, resources, and insights from Wayne and others in the community!