Business Brain – The Entrepreneurs’ Podcast

Shannon Jean & Dave Hamilton
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Jun 22, 2022 • 37min

Why YOU Should NOT Start a Business

For 7 years we have been encouraging you to start a Small Business. Along the way, we have shared countless stories of success and provided you with tons of resources to help run your business. For this episode, we thought it would be a good time to discuss the reasons why YOU still haven’t started a business. Maybe there are very good reasons that you have kept on the sidelines – let’s discuss those and see where it leads. 00:00:00 Small Business Show #385 for Wednesday, June 22, 2022 00:02:12 Mac Geek Gab: You’re going to love learning more about your technology with your two new favorite geeks over at Mac Geek Gab. Get your questions answered and have some fun along the way! 00:08:29 SPONSOR: RateTracker, your credit card processing rate watchdog presented by Skysail Solutions, your trusted payments partner 00:10:54 Reasons Why YOU Should NOT Start a Business You’re afraid! Using Fear as a Compass The Fear Confessional You’re lazy No Resources You Don’t Have a Billion-Dollar Idea Your immediate family (spouse, kids, etc) won’t support you You lack confidence If you can make $500 you can make $5,000…and $50,000 Your friends say it can’t be done The Hardcore Closer says to find new friends You don’t have time Rich Dad, Poor Dad Shannon’s 10-to-Midnight Story How to fail at almost everything and still win big 00:36:20 SBS 385 Outtro feedback@businessshow.co The post Why YOU Should NOT Start a Business – Small Business Show 385 appeared first on Business Brain - The Entrepreneurs' Podcast.
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Jun 15, 2022 • 47min

Surviving and Thriving During a Downturn

You might have noticed that the economy is a little crazy right now. Fuel prices are skyrocketing, the stock market is plummeting, and inflation is at the highest point in decades. Has your Small Business been impacted by these factors? If not, will it be at some later date? Are there opportunities you can take advantage of if we roll into a recession? Join us today as we discuss how your Small Business can survive when things slow down and how by making changes and identifying new opportunities you can thrive and make your business stronger. 00:00:00 Small Business Show #384 for Wednesday, June 15, 2022 00:01:36 Superstition IS the way 00:03:52 Lance-Two Weeks Notice Sponsors 00:14:30 SPONSOR: Tailor Brands is an AI-driven, all-in-one platform for anyone aspiring to start a business or side hustle. Get 40% off at taillorbrands.com/sbs. 00:16:00 SPONSOR: Shopify – For anyone to sell anywhere, Shopify is giving you a fourteen-day trial and full access to Shopify’s entire suite of features. Visit Shopify.com/sbs to get yours! 00:17:43 Surviving and Thriving During a Downturn Small Business Show – How to Cut Costs while Preserving Value Have 30-days each year where your line of credit is completely paid The AmEx Plum Card for Business Build a Warchest Manage your A/R Train Your Employees Be Smart with Your Marketing Budget “Be fearful when others are greedy, and greedy when others are fearful.” – Warren Buffet 00:40:09 Lightning Round! Less demand means prices come down! Labor market will loosen up 00:46:21 SBS 384 Outtro Customer Service is Key! feedback@businessshow.co The post Surviving and Thriving During a Downturn – Small Business Show 384 appeared first on Business Brain - The Entrepreneurs' Podcast.
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Jun 8, 2022 • 47min

Cutting Costs While Preserving Value

The future is uncertain. Are we headed for a recession as the Fed works to tame inflation by increasing interest rates? Will fuel prices come down or are they headed for double digits? To prepare for the worst, it’s time to look at your Small Business costs to find places where you can save money while preserving the value you add to your customers. Join your hosts Shannon Jean and Dave Hamilton today as they discuss tips and tricks to lower your expenses in ways that your customers won’t notice. 00:00:00 Small Business Show #383 for Wednesday, June 8, 2022 00:01:24 Traveling the world 00:02:21 Should everything have an expiration date? feedback@businessshow.co 00:12:52 SPONSOR: iTrust Capital. Invest in Crypto using your IRA. No Monthly Fees and only 1% Transaction fees. Over 25+ Cryptocurrencies available, including Bitcoin, of course. Visit iTrust.Capital/SBS to get started today! 00:14:20 SPONSOR: Bambee – Let Bambee help with your dedicated HR Manager! Go to Bambee.com/SMALL right now to schedule your free trial! 00:16:00 How to Cut Costs while Preserving Value Preserve employees! Have a “trim 10%” rule in place…and ask everyone to look at things that way. Use RateTracker! Kill off your bank fees Use automation! 00:43:16 Lightning Round Don’t Buy New! Ask for early payment discounts Be transparent with vendors, customers, and employees 00:45:57 SBS 383 Outtro feedback@businessshow.co The post Cutting Costs While Preserving Value – Small Business Show 383 appeared first on Business Brain - The Entrepreneurs' Podcast.
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Jun 1, 2022 • 37min

Managing Employee Mistakes - Carrot or Stick?

Everyone screws up. How can you minimize mistakes while building confidence in your employees? How many times do you let someone mess up before you have to discipline or terminate them? What are the best methods for creating conscientious employees that learn from their mistakes? Join your hosts Dave Hamilton and Shannon Jean to learn how they manage and react when things go wrong. 00:00:00 Small Business Show #382 for Wednesday, June 1, 2022 Plan B for Better 00:03:19 Scott-380–RichRelevance for Mailing Lists Sponsors 00:09:24 SPONSOR: Zapier. See for yourself why teams at Airtable, Dropbox, and thousands of other companies use Zapier every day to automate their businesses. Try Zapier for free at Zapier.com/SBS. 00:11:15 SPONSOR: RateTracker, your credit card processing rate watchdog presented by Skysail Solutions, your trusted payments partner 00:13:43 Discipline and Encouragement — Managing Employee Mistakes Criticize in the Mirror, Praise in the Window Create an Employee Manual The Compliment Sandwich The Two Tokens of Customer Service (and Managing Employees!) Beware interpersonal issues Are you an idiot or a jerk? 00:36:30 SBS 382 Outtro feedback@businessshow.co The post Managing Employee Mistakes – Carrot or Stick? Small Business Show 382 appeared first on Business Brain - The Entrepreneurs' Podcast.
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May 25, 2022 • 49min

Creative Methods to Recruit and Retain Employees

There’s a nationwide shortage of workers and attracting the best talent can be challenging. How do you make your Small Business stand out among other companies? Should you just compete on salary levels? What creative methods can you use to bring the best employees to your company? Join Dave Hamilton and Shannon Jean as they discuss creative ways to attract employees to your Small Business. 00:00:00 Small Business Show #381 for Wednesday, May 25, 2022 Coaching The Kids 00:09:07 SPONSOR: Shopify – For anyone to sell anywhere, Shopify is giving you a fourteen-day trial and full access to Shopify’s entire suite of features. Visit Shopify.com/sbs to get yours! 00:10:41 Attracting Employees…Creatively! The Great Resignation Reshuffle “Remote” instead of “Virtual” Lots of Two-Week Experiments Selling Your Culture Sell your culture, share your career paths ABR: Always Be Recruiting Make Recruitment Cards 00:42:20 One Word to Change Everything! 00:48:03 SBS 381 Outtro feedback@businessshow.co The post Creative Methods to Recruit and Retain Employees – Small Business Show 381 appeared first on Business Brain - The Entrepreneurs' Podcast.
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May 18, 2022 • 39min

A Million Dollar Side Hustle and the All Powerful Email Newsletter

Join us for episode 380 of The Small Business Show to get an update on Shannon’s experiment to create a company just using his phone – he just hit a significant milestone. Then it’s on to a discussion about Email newsletters and why your Small Business needs one, how to create them, how to grow them, and how to turn them into a powerful customer connection and revenue machine. 00:00:00 Small Business Show #380 for Wednesday, May 18, 2022 00:01:17 Find what you love 00:04:59 Shannon’s Social Commerce business hits $1MM in Poshmark sales! 00:09:14 Beware becoming comfortable Poshmark Unlocked Dave Hamilton on LinkedIn (link with me!) Shannon Jean on LinkedIn (link with me, too!) FileMaker Sponsors 00:15:18 SPONSOR: Tailor Brands is an AI-driven, all-in-one platform for anyone aspiring to start a business or side hustle. Get 40% off at taillorbrands.com/sbs. 00:16:41 SPONSOR: Hunter Douglas — Visit HunterDouglas.com/SBS to see their smart solutions for dressing your windows and take advantage of generous rebate savings. 00:18:01 Email Newsletters feedback@businessshow.co Use Exclusivity and Scarcity Mailchimp Klaviyo Secret Double-Opt-In Small Business Support Group Huckberry Outdoor Gear Be a Creator and a Curator 00:37:55 SBS 380 Outtro Email us your business questions: feedback@businessshow.co The post A Million Dollar Side Hustle and the All Powerful Email Newsletter – Small Business Show 380 appeared first on Business Brain - The Entrepreneurs' Podcast.
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May 11, 2022 • 40min

Buying out a Partner and Turning Your Employer into a Customer

What’s the best way to buy out your business partner when you don’t have the cash? How do you convert your side-hustle to a full-time business AND recruit your current employer as your first customer? Join us for episode 379 of The Small Business Show as we tackle these questions from our audience and more! 00:00:00 Small Business Show #379 for Wednesday, May 11, 2022 00:01:38 The Value of a Nametag as an Icebreaker No One Sees The Mac Observer Acquisition as a Negative 00:10:30 Email us your questions: feedback@businessshow.co Sponsors 00:11:29 SPONSOR: RateTracker, your credit card processing rate watchdog presented by Skysail Solutions, your trusted payments partner 00:13:19 SPONSOR: Shopify – For anyone to sell anywhere, Shopify is giving you a fourteen-day trial and full access to Shopify’s entire suite of features. Visit Shopify.com/sbs to get yours! 00:15:18 Your questions…feedback@businessshow.co 00:15:49 Rob: My partner wants me to buy him out 00:28:45 Claire: Going full-time with my side-hustle 00:39:12 SBS 379 Outtro Email us your business questions: feedback@businessshow.co The post Buying out a Partner and Turning Your Employer into a Customer – Small Business Show 379 appeared first on Business Brain - The Entrepreneurs' Podcast.
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May 4, 2022 • 39min

Creating Career Paths for your Employees Part 2

Listen in for our second episode in a series and learn how developing career paths for your employees will help your business become stronger and more profitable. 00:00:00 Small Business Show #378 for Wednesday, May 4, 2022 00:01:31 Today’s Tip: “Candidly, not Honestly” 00:13:04 Recap of Small Business Show Episode 377 Sponsors 00:13:44 SPONSOR: iTrust Capital. Invest in Crypto using your IRA. No Monthly Fees and only 1% Transaction fees. Over 25+ Cryptocurrencies available, including Bitcoin, of course. Visit iTrust.Capital/SBS to get started today! 00:15:13 SPONSOR: Bambee – Let Bambee help with your dedicated HR Manager! Go to Bambee.com/SMALL right now to schedule your free trial! 00:16:40 Creating Career Paths for Your Employees…Part 2! Job Descriptions and Ladders Then Map it! Salary Ranges Mentorship Shout about it from the rooftops! 00:37:54 SBS 378 Outtro feedback@businesshow.co The post Creating Career Paths for your Employees Part 2 – Small Business Show 378 appeared first on Business Brain - The Entrepreneurs' Podcast.
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Apr 27, 2022 • 44min

Elon Musk, Julia Child and Part 1 of Career Paths

Want to keep your best employees from leaving your company? By giving them a clear path to advance within your Small Business not only will your employees be more fulfilled, but they will also be more valuable as they build their Talent Stack. Join us today for episode 377 of The Small Business Show where we tackle the why and the how of creating career paths for your employees. You will also hear our take on Elon Musk’s Twitter buyout and a lesson in problem-solving from Julia Child. Let’s go! 00:00:00 Small Business Show #377 for Wednesday, April 27, 2022 00:01:11 Elon Musk “More Phish Whales, Let’s Go!” Sponsors 00:18:26 SPONSOR: Novo: Get Your Free business banking account in just 10 minutes at BankNovo.com/SBS. 00:19:59 SPONSOR: Hunter Douglas — Visit HunterDouglas.com/SBS today for your free “Style Gets Smarter” design guide to see their smart solutions for dressing your windows. 00:21:28 Julia Child Julia on HBOMax feedback@businessshow.co 00:27:59 Career Paths The Danbury Mint The E-Myth Org Chart The Aspirational Org Chart 00:43:00 SBS 377 Outtro The post Elon Musk, Julia Child and Part 1 of Career Paths – Small Business Show 377 appeared first on Business Brain - The Entrepreneurs' Podcast.
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Apr 20, 2022 • 45min

The Superpower of Compartmentalizing Your Thoughts

Running your Small Business can seem overwhelming at times. There are a thousand things going on that require your attention and hundreds of decisions that need to be made in a timely manner. How do you keep things straight? How can you keep focused on what is important at this moment? Listen to The Small Business Show today as we discuss the power of compartmentalization and how to hack your brain to keep your sanity at work and at home while being more present for everyone around you. 00:00:00 Small Business Show #376 for Wednesday, April 20, 2022 00:02:38 House passes $55B Small Business Grant 00:06:34 Business Franchise Taxes in each State Sponsors 00:12:26 SPONSOR: RateTracker, your credit card processing rate watchdog presented by Skysail Solutions, your trusted payments partner 00:14:32 SPONSOR: Hunter Douglas — Visit HunterDouglas.com/SBS today for your free “Style Gets Smarter” design guide to see their smart solutions for dressing your windows. 00:16:04 Compartmentalizing Compartmentalization How To Take Over The World Podcast Managing By Walking Around The Superpower of Compartmentalizing Your Thoughts Coming Home and Still Being at Work You Left Your Head at Work You Are Only as Happy as Your Unhappiest Child Multitasking is a myth, compartmentalization works. Pomodoro Method with Bob LeVitus on Small Business Show To-Did List on Small Business Show 00:36:46 The Million Dollar Distraction (a bedtime story!) 00:42:24 SBS 376 Outtro feedback@businessshow.co The post The Superpower of Compartmentalizing Your Thoughts – Small Business Show 376 appeared first on Business Brain - The Entrepreneurs' Podcast.

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