On this episode of The Small Business Radio Show…

Despite this being the best economy in generations, almost 80% of Americans are living paycheck to paycheck. Why is this? We discuss what’s causing these financial stresses and why the financial stress of our employees are actually hurting our businesses. Find out what we can we do as small business owners to dial down this stress on our team and our business.

Then, growing a business is all about leveraging your team. A challenge small business owners have, especially over a long period of time, is how to keep your company energized and your people motivated to achieve more. We show you the keys to teams doing better work.

Finally, I have asked many small business owners over the last 25 years how they make decisions. I get everything from doing extensive analysis to they just went with their gut or their intuition. Which is the right decision making method for you? My guest argues that we don’t use our intuition enough. He shows us the 6-step process for leaders, executives, and entrepreneurs to harness their intuitive intelligence in decision making.

Listen to The Small Business Radio Show

Listen to “#532 Why Your Employees’ Financial Stress is Hurting Your Business” on Spreaker.

Segment 1: Ilyce Glink is an award-winning financial journalist, television and radio personality, syndicated columnist, and the founder of four Chicago-based companies. Her latest company is Best Money Moves, a cloud-based, mobile-first financial wellness platform that employers give to their employees use to measure and dial down financial stress, lowering turnover and absenteeism while fostering engagement, productivity, and better health outcomes. Follow her on Twitter, Facebook, and LinkedIn. Her personal websites are ThinkGlink.com and IlyceGlink.com.

1:00 – Despite the best economy in generations, almost 80% of Americans are living paycheck to paycheck. How can this be?

5:00 – As an employer you must make payroll, but here’s why should you care if your employees are under financial stress.

6:30 – What does your work as a financial journalist look like? How else do you help people with their financial wellness?

8:00 – What is best money moves? How does it help employers help their employees with financial wellness?

9:45 – How Best Money Moves helps employers help employees facing financial stress around student debt.

11:15 – How Best Money Moves helps employers help employees facing financial stress around medical care.

14:00 – How much does Best Money Moves cost employers? What’s the ROI on employee financial wellness?

Segment 2: Max Yoder is the CEO and co-founder of Lessonly, the online training software that helps teams learn, practice, and as his new book is called, “Do Better Work”.

21:00 – The two things your teams need in order to do better work.

22:30 – As leaders, how can we foster environments that energize and motivate people to achieve more—and doing better work as a result? How about as a teammate?

26:00 – You say management and leadership are different. How?

27:45 – Why you should actually share your work before you’re ready if you want to do better work.

29:45 – If you want to do better work as a team, have difficult conversations. What does this look like?

33:30 – Ultimately, in order to do better work as a team, you have to be vulnerable. Why? What does this look like?

Segment 3: Rick Snyder is the CEO of Invisible Edge™. He is the author of “Decisive Intuition: Use Your Gut Instincts to Make Smart Business Decisions”.

38:45 – What is intuition in a business context?

39:30 – The 6-step process for leaders, executives, and entrepreneurs to harness their intuitive intelligence with practical but impactful business applications.

42:15 – What can you do to silence your inner critic so you can listen to your intuition?

43:00 – It’s not all in your head; how to incorporate what your body is telling you into your decisions.

47:15 – Using your intuition to make decisions doesn’t mean you’re making decisions alone. How?

48:15 – What if your intuition is wrong? How do you move forward?

50:00 – Why it’s critical now more than ever to develop your intuition.

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