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Overview:
In this refreshing and warm interview, Mike
Reflects on how Magus Wealth has changed in the four years since I last interviewed him, and why they transformed the business's philosophy.
Describes the changes they made in the company’s board and leadership team, and sheds light on some of the impacts that these changes had, especially on the company’s culture.
Gives an in-depth explanation into the purpose of Magus Wealth’s ‘Academy’.
Talks about some learnings from this period of change, including the advantages of being brave, being open minded, and having conviction in yourself and your company.
Shares an insight into how his business partnership with Dante Peters functions, and how their different skills and approaches complement each other.
Contemplates the structure and position of Magus Wealth now, relating it to the metaphor of a family.
Discusses the importance of company culture in shaping the future growth and longevity of a company.
Manifests his hopes and his visions for the next one, three, and 10 years of the business.
Passes on some key learnings for entrepreneurs in the early stages of starting up a business.
Timeline:
0:00 | Alan introduces the show by talking briefly about his history in business. He continues by describing the format and purpose of the show.
1:05 | Alan invites listeners to get in touch with questions and comments, and gives contact details.
1:32 | Alan presents the sponsor of the show, Magus Wealth.
2:07 | Alan welcomes Michael Aitken back to the show and invites him to introduce his company, Magus Wealth.
4:38 | Michael reflects on how Magus Wealth has changed in the four years since Alan last interviewed him, and why they transformed the business's philosophy.
9:06 | Michael describes the changes they made in the company’s board and leadership team, and sheds light on some of the impacts that these changes had, especially on the company’s culture.
14:50 | Michael further details some of the other changes that have taken place in Magus Wealth, and gives an in-depth explanation into the purpose of Magus Wealth’s ‘Academy’.
20:11 | Michael shares some learnings from this period of change including the advantages of being brave, being open minded, and having conviction in yourself and your company.
27:56 | Michael gives an insight into how his business partnership with Dante Peters functions, and how their different skills and approaches complement each other.
35:03 | Michael recounts how version one and two of Magus Wealth functioned, and explores the issues and resolutions that these different models presented.
40:58 | Michael reflects on the structure and position of Magus Wealth now, relating it to the metaphor of a family.
44:15 | Alan and Michael discuss the importance of company culture in shaping the future growth and longevity of a company.
46:04 | Michael shares his hopes and his visions for the next one, three, and ten years of the business.
53:40 | Michael passes on a few key learnings for entrepreneurs in the early stages of starting up a business.
56:54 | Alan thanks Michael for coming on the show and wraps up the interview.
57:22 | Alan ends the show by reminding listeners how to get in touch, and shares details on the show's sponsor, Magus Wealth