Episode 1: The Entrepreneur’s Journey: Insights from Rick Maher

The Entrepreneurial Spirit: Rick Maher’s Story

In the inaugural episode of the “Grow Your Damn Business” podcast, host Scott Goodrich delves into the entrepreneurial insights of Rick Maher, CEO of Turning Point HCM. Rick’s journey is not just a story of business success; it’s a lesson in resilience, adaptability, and understanding the value of one’s unique strengths in the business world.

What You Will Discover:

  • 00:00 Turning Arrogance and Laziness into Successful Entrepreneurship
  • 01:46 How Turning Point HCM helps business owners release day-to-day HR issues pressure.
  • 03:42 Why Rick credits arrogance and laziness as the reasons he’s an entrepreneur.
  • 07:25 He describes his biggest mistake as failing to understand his leadership role earlier.
  • 12:05 How to delegate effectively in a way that avoids baiting and switching the client.
  • 16:05 The danger of having the shiny object syndrome earlier in the business.
  • 21:02 Turning Point HCM’s forward-thinking plan to scale and possibly exit in the future.
  • 26:30 The hard transition from being in the business to being on the business.
  • 30:00 The five quick questions with Rick!

From Humble Beginnings to CEO

Rick’s background is rooted in a blue-collar, nine-to-five work ethic, far from the entrepreneurial world he now thrives in. His journey into entrepreneurship, driven by what he humorously terms “arrogance and laziness,” began with the simple act of delegating lawn-mowing jobs as a teenager. This early experience laid the foundation for his future in business, showcasing his knack for seeing opportunities and capitalizing on them.

Turning Point HCM: Solving the HR Puzzle

Founded in 2010, Turning Point HCM emerged as a solution to the HR challenges faced by small to medium-sized businesses. Rick’s vision was clear: alleviate the pressure of day-to-day HR issues, helping businesses focus on growth. The company addresses four key areas: compliance, employee issues, policy and procedure development, and strategic organizational development. This comprehensive approach, coupled with a team of dedicated HR professionals, has positioned Turning Point HCM as a vital resource for businesses across the country.

Navigating Challenges: The Entrepreneurial Mindset

Rick candidly shares the hurdles he encountered, including a crisis of confidence and the struggle to balance his leadership style with the needs of his business. He reflects on the importance of understanding one’s strengths and weaknesses, and how embracing these can lead to significant business growth and personal development.

The Pandemic: A Catalyst for Change

The COVID-19 pandemic was a turning point for Turning Point HCM. The crisis led to a drastic loss of business, forcing Rick to rethink and remodel his company’s approach. Embracing remote work and revamping their service delivery, they turned what seemed like a setback into an opportunity for innovation and expansion.

Future Vision: Scaling and Exiting

With a forward-thinking mindset, Rick is now focused on scaling Turning Point HCM for potential exit strategies. This involves building a robust management structure, embracing technology, and ensuring that the company can operate efficiently without his day-to-day involvement.

Embracing the Entrepreneurial Spirit

Rick’s story is a testament to the transformative power of entrepreneurship. It’s about turning personal traits into professional strengths, adapting to changing circumstances, and never losing sight of one’s goals. His journey from a blue-collar background to leading a successful HR company is a source of inspiration for aspiring entrepreneurs everywhere.

Contact Rick Maher:

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5 Fast Questions

New York Mets

Chicken Parmesan

His boat


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Meet our Host

Scott has an entrepreneurial spirit that’s been burning since his teenage years. Back then, he was mowing lawns, managing paper routes, and selling greeting cards door to door – always finding different ways to put some cash in his pocket! After graduating college, Scott had a successful career in sales and operations leadership, but his desire to be a business owner was never far from his heart. Seven years ago, he and his wife, Jenn, took the plunge and started their own business. Like many others, they spent all their time on the struggle bus – dealing with cash flow, payroll, and questioning whether their doors could even stay open. Ultimately, they persevered and learned some incredibly valuable lessons along the way.

Now, Scott is dedicated to helping others avoid the pitfalls he faced, fulfilling his purpose as a coach, and helping owners and teams achieve their dreams. When he’s not guiding businesses toward success, Scott can be found hitting the gym, on the golf course, or racking up miles on his Peloton.

As an EOS Implementer, Scott is passionate about helping business owners build a solid foundation and clear vision, empowering them to achieve growth, balance, and financial freedom – all while enjoying the ride.

Scott Goodrich