Business Brain – The Entrepreneurs’ Podcast

Join us as we discuss hiring and firing practices on this episode of Business Brain! Keep your business compliant with laws and follow best practices to ensure you minimize the chances of problems after hiring or firing. 00:00:00 Business Brain – The Entrepreneurs’ Podcast #433 for Wednesday, March 22nd, 2023 00:01:41 Mr. X-Addressing Racism Accusations When Hiring and Firing 00:10:54 SPONSOR: Thinkific Plus is a powerful training platform that lets you create materials to educate your customers, so they stay customers. Get one month of Thinkific Plus FREE at Thinkific.com/BusinessBrain today. 00:12:48 Hire SSSLLLOOOWWLLLYY Watch how people interact with wait staff Start an Intern Program What are you a nerd about? Tell me something unique I’ll remember about you. 90-Day Trial Period Bambee.com SCORE 00:25:06 BB 433 Outtro [email protected] If your email is featured in an episode, you’re entered to win a MacBook Air in 2023 The post Hiring and Firing Protected Classes – Business Brain 433 appeared first on Business Brain - The Entrepreneurs' Podcast.

Let’s talk about cash flow! What is it, why it’s so important, how to plan for it, and more. Dave and Shannon take a deep dive into managing your cash for success and what to do when things don’t go exactly as planned (because they won’t). 00:00:00 Business Brain – The Entrepreneurs’ Podcast #432 for Friday, March 17th, 2023 00:01:56 Robert-What is Cash Flow? 00:06:17 SPONSOR: Headspace helps improve mental health – through guided meditations, mindfulness practices, breathing and calming exercises, and so much more. try Headspace FREE for 30 days by going to Headspace.com/BRAIN30. 00:10:17 More Cash Flow 00:18:19 BB 432 Outtro [email protected] If your email is featured in an episode, you’re entered to win a MacBook Air in 2023 The post The Cash Flow Episode – Business Brain 432 appeared first on Business Brain - The Entrepreneurs' Podcast.

Is the Metaverse all hype and no hope? Join us for episode 431 of Business Brain as we discuss two visions of Metaverse opportunities. Then it’s on to a timely talk about bank failures and how they may impact your business, even if your bank is safe. 00:00:00 Business Brain – The Entrepreneurs’ Podcast #431 for Wednesday, March 15th, 2023 00:01:00 Podcast Movement 00:02:19 Don’t Ignore the Blockchain 00:13:22 SPONSOR: Headspace helps improve mental health – through guided meditations, mindfulness practices, breathing and calming exercises, and so much more. try Headspace FREE for 30 days by going to Headspace.com/BRAIN30. 00:15:41 How Could The Bank Failures Impact My Business? Have More Than One Bank Increase Lines of Credit When You Don’t Need One! 00:26:05 BB 431 Outtro [email protected] If your email is featured in an episode, you’re entered to win a MacBook Air in 2023 The post The Reality of the Metaverse and the Impact of Bank Failures – Business Brain 431 appeared first on Business Brain - The Entrepreneurs' Podcast.

Today we talk more about MS Teams, and then it’s on to a sandwich story tied to taking action to build success in your life. Shannon shares a story about wineries and sales quotas that will blow your mind and more. Join us! 00:00:00 Business Brain – The Entrepreneurs’ Podcast #430 for Friday, March 10th, 2023 00:01:33 Tony-427-Feedback on using MS Teams effectively 00:05:04 Duffy’s Sandwich Story 00:11:25 SPONSOR: Notion. With whatever you’re working on, Notion AI lets you skip to the good part. Save time and write faster by letting Notion AI handle the brainstorm and first draft. For a limited time, try Notion AI for free when by visiting Notion.com/businessbrain. 00:13:39 PODCAST: eCommerce MasterPlan — Are you interested in growing your eCommerce store? Or starting one? Then you should be listening to the award-winning top eCommerce podcast – eCommerce MasterPlan 00:14:32 Sandbagging Sales Quotas 00:23:23 BB 429 Outtro [email protected] If your email is featured in an episode, you’re entered to win a MacBook Air in 2023 The post MS Teams, Actions for Success and Sales Quotas – Business Brain 430 appeared first on Business Brain - The Entrepreneurs' Podcast.

Can being a business owner turn you into a cynic? Solving problems all day and dealing with some customers that drive you nuts? Join Shannon Jean and Dave Hamilton today as they discuss ways to avoid the Cynic Cycle. 00:00:00 Business Brain – The Entrepreneurs’ Podcast #429 for Wednesday, March 8th, 2023 00:02:17 Being in Business Makes You a Cynic 00:09:00 SPONSOR: Notion. With whatever you’re working on, Notion AI lets you skip to the good part. Save time and write faster by letting Notion AI handle the brainstorm and first draft. For a limited time, try Notion AI for free when by visiting Notion.com/businessbrain. 00:11:14 PODCAST: eCommerce MasterPlan — Are you interested in growing your eCommerce store? Or starting one? Then you should be listening to the award-winning top eCommerce podcast – eCommerce MasterPlan 00:12:07 How To Avoid Being a Cynic Two Tokens of Customer Service Positive Influence with Pacing and Leading 00:22:25 BB 428 Outtro [email protected] If your email is featured in an episode, you’re entered to win a MacBook Air in 2023 The post The Battle Against Cynicism – Business Brain 429 appeared first on Business Brain - The Entrepreneurs' Podcast.

You may have heard the acronym ESG. Environmental, Social Governance seems to impact large corporations mostly, but we want to know if small to medium-sized businesses are impacted at all by ESG concepts. Join us today for a discussion about ESG and a rant about being forced to make decisions. It will be fun and informative – we promise. 00:00:00 Business Brain – The Entrepreneurs’ Podcast #428 for Friday, March 3rd, 2023 00:01:24 ESG and Your Business 00:10:52 PODCAST: Business Credit and Financing Show. If you’re looking to get money for your business, make sure you tune in to the Business Credit and Financing show hosted by funding expert Ty Crandall. 00:11:54 How much does your business care about ESG? 00:20:16 BB 428 Outtro [email protected] If your email is featured in an episode, you’re entered to win a MacBook Air in 2023 The post What do Small Business Owners Think of ESG? Business Brain 428 appeared first on Business Brain - The Entrepreneurs' Podcast.

What messaging App are you using to connect with your employees and business partners? How do you get non-technical people to embrace new solutions for messaging? Join us today on Business Brain for a deep dive into choosing and using messaging Apps. 00:00:00 Business Brain – The Entrepreneurs’ Podcast #427 for Wednesday, March 1st, 2023 00:02:22 How do you message? Slack WhatsApp Microsoft Teams 00:11:38 PODCAST: Business Credit and Financing Show. If you’re looking to get money for your business, make sure you tune in to the Business Credit and Financing show hosted by funding expert Ty Crandall. 00:12:46 What Office do you use? Synology Office LibreOffice 00:16:42 Crowd-sourcing Messaging Apps 00:17:43 BB 427 Outtro [email protected] If your email is featured in an episode, you’re entered to win a MacBook Air in 2023 The post Messaging Apps for Your Business – Business Brain 427 appeared first on Business Brain - The Entrepreneurs' Podcast.

Join us today as we meet with Mani Bhushan, Founder of Taco Ocho, a chain of Latin food restaurants in Texas. Mani shares some great tips and sobering advice about the food business and what motivates him daily after 40 years in the restaurant business. 00:00:00 Business Brain – The Entrepreneurs’ Podcast #426 for Wednesday, February 22nd, 2023 Featured Guest: Mani Bhushan from Taco Ocho The Efficiency of Sauces From Big Companies to Your Own Company Lesson: You need great people, and you need to make great food Don’t Sacrifice Your Creativity…Nor Your Customers Go get 20,000-30,000 customers Getting closer to your customers Twisting authentic food Adapting Strategic Plans from Big Business Always Be Growing…Follow the Younger Customers’ Needs Choosing a Restaurant Location Traffic generators Traffic patterns Household income Mobile Phone Ping Studies Hedging for a correction with razor thin margins in 2023 Tip: Have a defendable concept BB 426 Outtro [email protected] If your email is featured in an episode, you’re entered to win a MacBook Air in 2023 The post Interview with Mani Bhushan Founder of Taco Ocho – Business Brain 426 appeared first on Business Brain - The Entrepreneurs' Podcast.

What is riskier, working for a corporation where your future may be decided by someone else or starting a business where you make the decisions? Join us for another episode of Business Brain to here about when Dave was “Curtailed” and why Shannon thinks employment is a trap. 00:00:00 Business Brain – The Entrepreneurs’ Podcast #425 for Friday, February 17th, 2023 00:01:05 The Day I Learned The Meaning Of The Word, “Curtailed” 00:06:53 SPONSOR: HelloFresh. Visit HelloFresh.com/BusinessBrain65 and use code BusinessBrain65 and take 65% off your first box! 00:08:46 PODCAST: Masterminding Success Podcast. Whether you’re just thinking about starting an online business or you’ve been running one for years, Keith and Nuria will open your eyes to new and different ways to look at your customers and business! 00:09:40 The Paycheck Fallacy FIRE Concept – Mr. Money Mustache 00:17:26 BB 425 Outtro [email protected] If your email is featured in an episode, you’re entered to win a MacBook Air in 2023 THIS AI-GENERATED BUSINESS BRAIN ARTICLE CAN PROVIDE MORE BACKGROUND AND RESOURCES RELATED TO THIS TOPIC. Starting a Business: Why It’s Not as Risky as You Think Starting a business is a dream for many, but the perceived risks involved can often hold people back. It’s easy to fall into the trap of thinking that working for a corporation is the safer option, but the truth is, owning a business can be less risky than you might think. In fact, it can be one of the best decisions you’ll ever make. Here are a few reasons why: You’re in control of your own destiny One of the biggest advantages of owning a business is that you’re in control of your own destiny. You’re at the mercy of your employer’s decisions when you work for a corporation. You have no control over the company’s direction or the projects you’re assigned to. This lack of control can be frustrating and lead to dissatisfaction. When you own a business, however, you’re in charge. You get to decide which direction to take your company, which projects to pursue, and how to allocate resources. This level of control can be empowering and can give you a sense of purpose and fulfillment that you may not find in a corporate setting. You can mitigate risks through careful planning Another reason why starting a business is not as risky as you might think is that you can mitigate risks through careful planning. A common misconception is that all entrepreneurs are risk-takers. While it’s true that starting a business involves some degree of risk, there are many ways to minimize those risks. By conducting thorough market research, developing a solid business plan, and seeking advice from experienced professionals, you can reduce the likelihood of failure. Additionally, you can take steps to mitigate financial risks, such as securing funding and managing expenses. When you take a strategic approach to starting a business, you can significantly reduce the risks involved. You have the potential for unlimited growth and earnings When you work for a corporation, your earnings are limited by your salary and any bonuses or incentives you may receive. There’s a ceiling to what you can earn, no matter how hard you work or how much value you bring to the company. However, a business’s potential for growth and earnings is unlimited. You can scale your business, increase revenue, and build wealth over time. This potential for unlimited growth and earnings can be a powerful motivator and give you the financial freedom to live the life you want. In conclusion, starting a business is not as risky as you might think. When you own a business, you’re in control of your destiny, you can mitigate risks through careful planning, and you have the potential for unlimited growth and earnings. While it’s true that starting a business involves some degree of risk, the benefits of being your own boss, pursuing your passions, and building a legacy are well worth it. If you’re considering starting a business, don’t let fear hold you back. With the right mindset, planning, and execution, you can achieve success and fulfillment beyond what you ever thought possible. The post The Risk Fallacy: Paycheck vs. Business Owner – Business Brain 425 appeared first on Business Brain - The Entrepreneurs' Podcast.

How do you keep your team connected across various locations and time zones? Is it important to build trust and community with hybrid teams that spend part of their time in the office and part working remotely? Join us this week as we use our Business Brains to dig into the concept of the Conversational Enterprise. 00:00:00 Business Brain – The Entrepreneurs’ Podcast #424 for Wednesday, February 15th, 2023 00:01:45 The Conversational Enterprise Grammarly Hire nerds! 00:09:18 SPONSOR: HelloFresh. Visit HelloFresh.com/BusinessBrain65 and use code BusinessBrain65 and take 65% off your first box! 00:11:09 PODCAST: Masterminding Success Podcast. Whether you’re just thinking about starting an online business or you’ve been running one for years, Keith and Nuria will open your eyes to new and different ways to look at your customers and business! 00:12:04 Concept of the Clean Garage 00:13:46 Augmented Conversations 00:19:00 BB 424 Outtro [email protected] If your email is featured in an episode, you’re entered to win a MacBook Air in 2023 This AI-generated Business Brain article can provide more background and resources related to this topic. The Crucial Role of Communication in Creating a Conversational Enterprise for Hybrid Workers As the COVID-19 pandemic has forced companies to adopt remote work practices, hybrid working has become the new norm. This means that some employees work from the office while others work from home. While this arrangement offers several benefits, such as increased flexibility, it also presents new challenges. One of the most significant is communication. Communication is critical for the success of any organization. It enables employees to collaborate effectively, share knowledge, and make decisions. However, with hybrid work arrangements, communication becomes more complex. Employees who work remotely may feel disconnected from their colleagues, miss important conversations, and need help staying updated on company news. This can lead to feelings of isolation, reduced productivity, and increased turnover. To overcome these challenges, companies need to embrace the concept of the Conversational Enterprise. This term describes a company where communication is open, transparent, and consistent across all levels of the organization. Employees can share ideas, ask questions, and give feedback freely in a Conversational Enterprise. This fosters a culture of collaboration, innovation, and continuous improvement. Creating a Conversational Enterprise requires a strategic approach to communication. Here are some tips for companies to consider: Establish clear communication channels. To create a Conversational Enterprise, companies must establish clear channels of communication. This means defining how employees should communicate with each other and what tools they should use. Companies may communicate with email, instant messaging, video conferencing, or project management software. The key is ensuring everyone knows how to use these tools effectively. Encourage regular communication. Regular communication is crucial for hybrid workers. Companies should encourage employees to check in with each other regularly, whether it’s through daily stand-up meetings or weekly team calls. This can help build relationships, foster a sense of community, and prevent feelings of isolation. Ensure everyone is included. One of the challenges of hybrid work arrangements is ensuring that everyone is included in the communication. Companies should make an effort to ensure that remote workers are included in meetings, social events, and other activities. This can help create a sense of belonging and prevent remote workers from feeling left out. Foster a culture of feedback. Feedback is crucial for continuous improvement. Companies should encourage employees to give and receive feedback regularly. This can help identify areas for improvement, resolve conflicts, and foster a culture of transparency. Provide training. To create a Conversational Enterprise, companies may need to provide training to employees. This can help them learn how to communicate effectively, use new tools, and build relationships with colleagues. In conclusion, hybrid work arrangements present new challenges for communication. However, companies can overcome these challenges by embracing the concept of the Conversational Enterprise. By establishing clear communication channels, encouraging regular communication, ensuring everyone is included, fostering a culture of feedback, and providing training, companies can create a culture of collaboration, innovation, and continuous improvement. This can help employees feel connected, motivated, and engaged, leading to increased productivity and better business outcomes. The post Trust, Community and the Conversational Enterprise – Business Brain 424 appeared first on Business Brain - The Entrepreneurs' Podcast.

Have you ever been contacted by a GSA consultant offering easy profits and increased revenue for your business? Are there GSA opportunities you need to take advantage of? Join us on Business Brain for a discussion about the pros and cons of GSA business. Then it’s on to a discussion about adding value BEFORE you ask for money. 00:00:00 Business Brain – The Entrepreneurs’ Podcast #423 for Friday, February 10th, 2023 00:01:52 Todd-415-Follow-up on GSA Schedule Contracts 00:08:26 PODCAST: Business Credit and Financing Show. If you’re looking to get money for your business, make sure you tune in to the Business Credit and Financing show hosted by funding expert Ty Crandall. 00:09:31 Add value FIRST Freemium Dave’s “Minute 31” Billing Paradigm Concept Listen to Lloyd Chapman from BB 317 00:17:53 BB 422 Outtro Coming Up: The Conversation Enterprise [email protected] If your email is featured in an episode, you’re entered to win a MacBook Air in 2023 THIS AI-GENERATED BUSINESS BRAIN ARTICLE CAN PROVIDE MORE BACKGROUND AND RESOURCES RELATED TO THIS TOPIC. Maximizing Small Business Opportunities with GSA Contracts Small businesses can benefit from selling to the government through General Services Administration (GSA) contracts. The GSA is the largest procurement organization in the federal government and offers a variety of products and services to other federal agencies. By participating in GSA contracts, small businesses can increase their visibility and credibility, reach new customers, and expand their customer base. Pros: Increased visibility: Small businesses can increase their visibility by participating in GSA contracts, as they will be listed in the GSA Advantage! online catalog. This provides a cost-effective way for small businesses to reach a large customer base. Credibility: Participating in GSA contracts gives small businesses credibility in the federal market and signals to customers that they are reliable suppliers. Access to new customers: GSA contracts provide small businesses with access to new customers, including federal agencies, military installations, and other organizations that may not have been previously aware of the company’s products or services. Simplified procurement process: The GSA contract process is a simplified procurement process, allowing small businesses to participate without extensive marketing and sales efforts. Cons: Competition: The GSA contracts are highly competitive, and small businesses must demonstrate that they can provide high-quality products or services at a competitive price. Long procurement process: The GSA procurement process can be time-consuming and requires a significant investment of time and resources to be successful. Strict regulations: Selling to the government through GSA contracts involves strict regulations, including pricing and delivery requirements. Limited product offerings: Small businesses may have limitations on the products or services they can offer under GSA contracts, limiting their growth and expansion opportunities. To maximize the benefits of participating in GSA contracts, small businesses should be proactive and take advantage of the resources available to them, including training, assistance from the Small Business Administration (SBA) and the GSA Office of Small Business Utilization. Small businesses should also be prepared to invest the time and resources necessary to meet the requirements of the procurement process, including providing detailed information about their products and services and demonstrating their capability to meet the needs of federal customers. In conclusion, small businesses can benefit from participating in GSA contracts by increasing their visibility, credibility, and access to new customers. However, they should be prepared for competition, a lengthy procurement process, strict regulations, and limited product offerings. To maximize the benefits of GSA contracts, small businesses should take advantage of available resources and be prepared to invest the time and resources necessary to succeed. The post GSA Business Opportunities and Pitfalls – Business Brain 423 appeared first on Business Brain - The Entrepreneurs' Podcast.

What is the best pricing strategy for your products and services? Do LLCs offer any tax advantages? And just how valuable is ChatGPT for your Small Business? Join Shannon Jean and Dave Hamilton this week for another bite-sized episode of Business Brain! 00:00:00 Business Brain – The Entrepreneurs’ Podcast #422 for Wednesday, February 8th, 2023 00:01:23 David-Product Pricing Strategy (and a VA bonus) Caveat: Loss Leaders. ChatGPT 00:09:51 PODCAST: Business Credit and Financing Show. If you’re looking to get money for your business, make sure you tune in to the Business Credit and Financing show hosted by funding expert Ty Crandall. 00:10:57 Jeff-420-LLCs Don’t Offer Any Tax Advantages 00:15:26 BB 422 Outtro Coming Up: The Conversational Enterprise [email protected] If your email is featured in an episode, you’re entered to win a MacBook Air in 2023 This AI-generated Business Brain article can provide more background and resources related to this topic. Effective Pricing Strategies for Small Businesses Pricing is one of the most important aspects of running a small business. The price of your products or services directly affects your revenue, profit margins, and overall success. However, determining the right price can be complex, especially for small businesses with limited resources and market power. This article will discuss some effective pricing strategies for small businesses and help you determine which is best for your business. Cost-plus pricing Cost-plus pricing is one of the simplest and most straightforward pricing strategies. This method involves calculating the cost of producing a product or delivering a service and adding a markup to determine the final price. The markup is usually a percentage of the cost and represents your profit. This strategy works well for small businesses that clearly understand their costs and a limited number of competitors. Value-based pricing Value-based pricing is a strategy that focuses on the perceived value of a product or service to the customer. This strategy involves determining the value that your product or service provides to the customer and setting a price that reflects that value. This method works well for small businesses that offer unique or high-quality products or services. Penetration pricing Penetration pricing is a strategy that involves setting a low initial price to attract customers and gain market share. This strategy works well for small businesses entering a new market or launching a new product. The idea is to gain a significant customer base quickly and then gradually raise the price as the business grows and becomes more established. Dynamic pricing Dynamic pricing is a strategy that involves adjusting prices in real time based on market conditions, supply and demand, and other factors. This method works well for small businesses that operate in industries with fluctuating demand, such as retail or travel. Dynamic pricing allows small businesses to respond quickly to changing market conditions and adjust prices to maximize revenue. Loss leaders Loss leaders are products or services that are priced lower than their cost to attract customers and drive sales of other, higher-priced products or services. This strategy works well for small businesses that sell multiple products or services and want to encourage customers to purchase more. Loss leaders can be a powerful tool for small businesses, but they must be used carefully. If not managed correctly, loss leaders can lead to a decline in profitability and overall business success. Conclusion Pricing is a critical aspect of running a small business. The right pricing strategy can help you attract customers, increase revenue, and grow your business. However, finding the right pricing strategy can take time and effort, especially for small businesses with limited resources and market power. By understanding the different pricing strategies available and their benefits, you can make informed pricing decisions and improve your chances of success. The post Pricing Strategies and LLC Tax Advantages – Business Brain 422 appeared first on Business Brain - The Entrepreneurs' Podcast.

Apple rolls out its Business Connect service to get your Small Business listed across multiple Mac and iOS apps. Learn how you can increase the visibility if your business on Maps, Messages, Siri, and more. You can also tap into APIs for services that list your business on other platforms like Google and Bing while gaining access to services like Tap to Pay on iPhone and more. 00:00:00 Business Brain – The Entrepreneurs’ Podcast #421 for Friday, February 3rd, 2023 00:01:59 Travel Freedom Experiment Success! 00:05:11 Listing Your Business Everywhere Apple Business Connect Reputation, Rio SEO, SOCi, Uberall, and Yext Google Business Profile Bing Places for Business 00:11:25 BB 421 Outtro [email protected] If your email is featured in an episode, you’re entered to win a MacBook Air in 2023 This AI-generated Business Brain article can provide more background and resources about getting your business listed on mapping services. Maximizing Your Online Visibility: The Importance of Listing Your Business on Online Maps In today’s digital age, having a strong online presence is crucial for the success of your business. One important aspect of this presence is having your business listed on online maps such as Google Maps and Apple Maps. Millions of people use online maps daily to find local businesses, and being listed on these platforms can significantly impact your business’s visibility and success. Increased visibility: Listing your business on online maps can help increase your visibility to potential customers. When someone searches for businesses in your area, having your business listed on online maps can help ensure that you appear at the top of search results. This can help drive more traffic to your business, both online and in-person. Customer reviews: Online maps also allow customers to leave reviews of your business. Positive reviews can help boost your business’s credibility and attract more customers, while negative reviews can help you identify areas for improvement. Accurate information: Online maps can also help ensure that your business’s information, such as your address, hours of operation, and contact information, is accurate and up-to-date. This can help avoid confusion and ensure that customers can easily find your business. Mobile optimization: Online maps are optimized for mobile devices, which are increasingly being used by customers to search for businesses. By having your business listed on online maps, you can reach customers who are using their mobile devices to search for businesses while they’re on the go. Competitive advantage: Not all businesses are listed on online maps, and having your business listed can give you a competitive advantage over those that aren’t. By being listed, you can reach potential customers who might not otherwise have been able to find your business. To ensure that your business is listed on online maps, you’ll need to claim your business listing and verify your information. This can typically be done through the platform’s business center. Once your listing is claimed and verified, you can update your information, add photos, and respond to customer reviews. Further Reading Resources: Google My Business Help Center (https://support.google.com/business) Apple Maps Connect (https://mapsconnect.apple.com/) “The Ultimate Guide to Local SEO” by Moz (https://moz.com/local-search-ranking-factors) “Local SEO Checklist: Get Found by More Customers Online” by Hubspot (https://blog.hubspot.com/marketing/local-seo-checklist) “How to Optimize Your Google My Business Listing” by Search Engine Journal (https://searchenginejournal.com/optimize-google-my-business-listing/) In conclusion, listing your business on online maps is an important step in building your online presence and reaching potential customers. By having accurate information, responding to customer reviews, and optimizing your listing for mobile devices, you can increase your visibility, credibility, and success. Utilize the resources listed above to help maximize your online visibility and reach more customers through online maps. The post All About Apple Business Connect – Business Brain 421 appeared first on Business Brain - The Entrepreneurs' Podcast.

What’s the best structure for your business between a Limited Liability Company (LLC) and a Sole Proprietorship? Join your hosts Dave Hamilton and Shannon Jean as they talk about their experiences with both structures. What are the pros and cons to forming an LLC? What are the risks and obligations for a Sole Proprietorship? Let’s break down the benefits of both business types. 00:00:00 Business Brain – The Entrepreneurs’ Podcast #420 for Wednesday, February 1st, 2023 00:00:42 Successful Launch! 00:04:12 Randy from Rocklin Beware the Onces! 00:10:18 LLC or Sole Proprietor? California Sole Proprietorship Vs LLC 00:18:53 BB 420 Outtro [email protected] If your email is featured in an episode, you’re entered to win a MacBook Air in 2023 This AI-generated Business Brain article can provide more background and resources about LLCs and Sole Proprietor business options. Choosing the Right Business Structure: LLC vs. Sole Proprietorship Starting a new business can be exciting but also confusing, especially when it comes to choosing the right business structure. The two most popular options are forming an LLC (Limited Liability Company) or becoming a sole proprietor. Both structures have their own pros and cons, and the right choice depends on your specific business needs. LLC (Limited Liability Company) Pros: Liability protection: One of the biggest benefits of forming an LLC is the liability protection it provides. As the owner of an LLC, your personal assets are separate from your business assets, so if your business is sued or incurs debt, your personal assets are protected. Tax flexibility: LLCs have the flexibility to choose how they want to be taxed, either as a sole proprietorship, partnership, S corporation or C corporation. Credibility: Having an LLC can give your business credibility and make it easier for you to secure funding and attract investors. LLC Cons: Cost: Forming an LLC can be more expensive compared to starting a sole proprietorship. This is because you’ll need to pay fees to file your articles of organization, obtain a business license and register your business name. Complexity: The rules and regulations surrounding LLCs can be more complex compared to sole proprietorships. This means that you’ll need to invest more time and resources into understanding and complying with these regulations. Sole Proprietorship Pros: Simplicity: A sole proprietorship is the simplest business structure and requires the least amount of paperwork and regulation. Cost-effective: Becoming a sole proprietor is the most cost-effective option, as there are no fees to pay or forms to file. Flexibility: As a sole proprietor, you have complete control over your business, which means you can make decisions quickly and change direction as needed. Sole Proprietorship Cons: Unlimited liability: As a sole proprietor, you’re personally responsible for all of your business debts and liabilities. This means that if your business incurs debt or is sued, your personal assets are at risk. Credibility: A sole proprietorship may be seen as less credible compared to an LLC, which can make it harder for you to secure funding and attract customers. Limited growth potential: The growth potential of a sole proprietorship is limited by the amount of personal resources you have available. If you want to grow your business, you’ll need to find other sources of funding, such as loans or investment. In conclusion, choosing the right business structure is an important decision that can impact your business’s success. An LLC offers more liability protection, tax flexibility, and credibility, while a sole proprietorship is more simple, cost-effective and flexible. Consider your specific business needs, such as the type of industry you’re in, your personal financial situation, and future growth plans, to determine the best option for your business. The post LLC or Sole Proprietor – What’s Right For Your Business? Business Brain 420 appeared first on Business Brain - The Entrepreneurs' Podcast.

What is standing in the way of your success? What lies do you need to overcome when they try to sneak into your Business Brain? Join us as we destroy these myths and share with you methods to avoid the “Once’s”. 00:00:00 Business Brain – The Entrepreneurs’ Podcast #419 for Friday, January 27th, 2023 00:02:21 Seven Brutal Lies that Kill Your Success Everyone Will Laugh at Me Nobody Cares (Till Yer Dead) by Bitter Pill It Won’t Be Good Enough It’s Too Late/I’m Too Old Yet. I’m Too Good For This Being an entrepreneur is a blue collar job I Can’t Afford It Beware the “Onces” Somebody Else Probably Already Thought Of It If you want your idea to be worth a hundred dollars, write it on a $100 bill I Already Tried That 00:13:43 BB 419 Outtro [email protected] If your email is featured in an episode, you’re entered to win a MacBook Air in 2023 The post Overcoming Lies That Can Kill Success – Business Brain 419 appeared first on Business Brain - The Entrepreneurs' Podcast.

What is the best way to determine pricing for your products or services? Can an AI like ChatGPT help you make the best choice? We think ChatGPT can help tremendously, but probably in a different way than you are thinking about. Join us today for another bite-sized Business Brain episode to talk about pricing strategies. 00:00:00 Business Brain – The Entrepreneurs’ Podcast #418 for Wednesday, January 25th, 2023 00:01:25 The Slight Edge for Teens 00:02:12 ChatGPT’s Pricing Example questions What price is too high? What price is so low that it tells you the product won’t be worth it? What price is starting to get “expensive”? What price is “a bargain”? 00:12:43 BB 418 Outtro [email protected] If your email is featured in an episode, you’re entered to win a MacBook Air in 2023 The post Can ChatGPT Help You Price Your Product or Service? Business Brain 418 appeared first on Business Brain - The Entrepreneurs' Podcast.

How much would you pay for the website address of your name? What’s it worth to you? It was worth $1000 to Dave Hamilton. How much did Shannon Jean have to pay for his domain name? Listen in to find out! We also discuss travel productivity and more on this episode of Business Brain! 00:00:00 Business Brain – The Entrepreneurs’ Podcast #417 for Friday, January 20th, 2023 00:01:12 Owning Your Own Name’s Domain Cloudflare DNS Registrar 00:05:01 Traveling Productively ViewSonic VP16-OLED 00:17:24 BB 417 Outtro [email protected] If your email is featured in an episode, you’re entered to win a MacBook Air in 2023 The post Your Name Dot Com and Traveling Productively – Business Brain 417 appeared first on Business Brain - The Entrepreneurs' Podcast.

Join us for another bite-sized episode of Business Brain as we ask: “Can you manage ALL email with just one mail application?” Listen in as Dave Hamilton explains how he manages one single mailbox for multiple businesses. Shannon takes the challenge and vows to give it a shot before he is buried in email overload. What email system are you using, and how productive are you? 00:00:00 Business Brain – The Entrepreneurs’ Podcast #416 for Wednesday, January 18th, 2023 00:01:54 One Inbox to Rule Them All AirMail for macOS Fastmail (instead of Gmail) SaneBox 00:21:42 BB 416 Outtro [email protected] If your email is featured in an episode, you’re entered to win a MacBook Air in 2023 The post Email Productivity Tips and Tricks – Business Brain 416 appeared first on Business Brain - The Entrepreneurs' Podcast.

What is Social Capital? Why is it so important, and how do you get it? Listen to this Friday bonus episode of Business Brain to learn how to use and accumulate this important tool. Have a question or comment? Send us a message, and if we feature it on an upcoming Business Brain episode, you will be entered to win a MacBook Air in 2023! 00:00:00 Business Brain – The Entrepreneurs’ Podcast #415 for Friday, January 13th, 2023 00:01:23 Have You Done GSA Contracts? 00:04:13 Earning and Spending Social Capital Depositing to the Social Capital Bank: Adding value to relationships Please, thank you, and being polite are the social capital mindset “How can I help?” “I’m happy to help, and I know you’d do the same for me.” Be positive! Be reliable! 00:20:59 BB 415 Outtro [email protected] If your email is featured in an episode, you’re entered to win a MacBook Air in 2023 The post The Why and How of Social Capital – Business Brain 415 appeared first on Business Brain - The Entrepreneurs' Podcast.

Dave is back from CES, and Shannon reminds us why meeting people in person is critical to building relationships for you and your team. Join us as we discuss techniques for success and how to pre-plan your event to make it productive. Have a question or comment? Send us a message, and if we feature it on an upcoming Business Brain episode, you will be entered to win a MacBook Air in 2023! 00:00:00 Business Brain – The Entrepreneurs’ Podcast #414 for Wednesday, January 11th, 2023 00:01:55 The Value of Conferences like CES 2023 Planning for Trade Show Success – Business Brain 258 Attending Conferences and Trade Shows Like a Pro – Business Brain 208 CES 2023 LG Booth Walkthrough 00:16:46 BB 414 Outtro [email protected] If your email is featured in an episode, you’re entered to win a MacBook Air in 2023 The post Conferences and Trade Shows – Business Brain 414 appeared first on Business Brain - The Entrepreneurs' Podcast.

Happy New Year! We’re going way back to start 2023 with some techniques to create a Charmed Life that you should have learned in Kindergarten. Then it’s on to a discussion of how we love our listeners so much that we want to give one of them a new MacBook Air. Listen in and learn! 00:00:00 Business Brain – The Entrepreneurs’ Podcast #413 for Wednesday, January 4th, 2023 00:02:23 We lied! 00:04:45 The Kindergarten Lessons Responsiveness Please and Thank You 00:14:00 Win a MacBook Air from Business Brain! 00:16:21 BB 413 Outtro [email protected]   The post The Kindergarten Episode + Win a MacBook Air – Business Brain 413 appeared first on Business Brain - The Entrepreneurs' Podcast.

OK, we lied. We told you there would not be an episode of Business Brain this week, but here we are with a bonus end-of-year episode! Listen in as we discuss the power of the Solo-401k, end-of-year buying opportunities, and why goals are for losers. Don’t miss this one! 00:00:00 Business Brain – The Entrepreneurs’ Podcast #412 for Wednesday, December 28th, 2022 00:01:08 Solo 401k 00:08:20 Buying Opportunities 00:10:14 No goals for 2023, Systems instead. Systemology on Business Brain 00:14:50 BB 412 Outtro [email protected] The post Super Bonus EOY Episode! Solo-401k, Opportunities and Systems over Goals – Business Brain 412 appeared first on Business Brain - The Entrepreneurs' Podcast.

How did Fred Franzia create a $1.99 bottle of wine that would sell over a billion bottles? How does Two Buck Chuck make a profit, and what tactics can you learn to apply to your own business? How will AI impact your business? Now is the time to start learning about applications like ChatGPT that will revolutionize many aspects of our lives. Join us for episode 411 of Business Brain! 00:00:00 Business Brain – The Entrepreneurs’ Podcast #411 for Wednesday, December 21st, 2022 00:01:34 Dissecting The Two Buck Chuck Story The Mac Observer is Acquired…again! Back to Two Buck Chuck! Going against the crowd Branding Tony Biagi on Business Brain 178 00:16:44 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! 00:18:33 Using ChatGPT for your business 00:34:43 BB 411 Outtro See You Next Year! [email protected] The post Two Buck Chuck and ChatGPT – Business Brain 411 appeared first on Business Brain - The Entrepreneurs' Podcast.

What do we know? Join us as we discuss how some small businesses shift into high gear and take on tens or hundreds of millions in venture capital investments to morph into entirely different-sized businesses. Is this your area of expertise? If so, contact us to share your knowledge with Business Brain listeners. After this discussion, we dive into the story of Brumate, a tweet thread that may be inspiring but leaves much to the imagination, and we think it may not be helpful for aspiring entrepreneurs. Join us today for this and more! 00:00:00 Business Brain – The Entrepreneurs’ Podcast #410 for Wednesday, December 14th, 2022 00:01:55 Greg Scown on Business Brain 00:09:15 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! 00:11:07 Dissecting Brumate Don Leslie creates a speaker! 00:19:57 Our Thread about finding opportunities in a recessions 00:22:37 BB 410 Outtro [email protected] The post Areas of Expertise + Is This Info Helpful? – Business Brain 410 appeared first on Business Brain - The Entrepreneurs' Podcast.

This week Dave Hamilton and Shannon Jean start the show by answering a listener question about the pros and cons of turning your hobby into a business. Then it’s a discussion about how to find a buyer for your company, how to create systems that are marketable to a buyer, and more specific details about selling your business. Join us for these topics and more on episode 409 of Business Brain! 00:00:00 Business Brain – The Entrepreneurs’ Podcast #409 for Wednesday, December 7th, 2022 00:01:36 Mike-406-Turning My Hobby Into a Business? Focus on helping other people be successful 00:18:16 SPONSOR: Bambee – Let Bambee help with your dedicated HR Manager! Go to Bambee.com right now to schedule your free trial! 00:20:07 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! 00:21:58 Jeff-What did you do when selling your business? Empire Flippers Flippa Website Closers Sellers Discretionary Earnings (SDE) 00:46:06 BB 409 Outtro [email protected] The post Hobby Business Pitfalls and Selling Your Company – Business Brain 409 appeared first on Business Brain - The Entrepreneurs' Podcast.

This week we discuss the power of an entrepreneurial peer group, building a safety net, and hiring your first employee. Listen in to learn more! 00:00:00 Business Brain – The Entrepreneurs’ Podcast #408 for Wednesday, November 30th, 2022 00:02:38 Building Your Business Brain Peer Group Alliance of CEOs on Business Brain 00:06:45 Covid Employee Retention Funds 00:09:00 Sparingly Sharing The Highlight Reel 00:12:49 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! 00:14:35 Greg-How Do I Know When To Add That First Employee? Hiring Your First Employee Create some safety nets The E-Myth Revisited Hire an assistant, double your salary! 00:36:42 BB 408 Outtro [email protected] The post Building a Peer Group, Safety Nets and Hiring Your First Employee – Business Brain 408 appeared first on Business Brain - The Entrepreneurs' Podcast.

In our last episode, we shared with you how important it is for Business Brain to engage with our listeners. Some of you answered the call and sent in questions, suggestions, and constructive criticism. Thank you! We dive into your questions and comments with a focus on what actions your hosts are taking to help offset a slowing economy to keep our businesses growing. Listen in and send your questions and comments so we can discuss them on the show! 00:00:00 Business Brain – The Entrepreneurs’ Podcast #407 for Wednesday, November 23rd, 2022 [email protected] 00:01:52 Jeff-Be More Specific — How are you dealing with the current economy? The Hoth (SEO Partner) 00:18:31 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! 00:20:28 PODCAST: Entrepreneur’s Enigma. Every week Seth Goldstein interviews entrepreneurs from all walks of life about their journey through entrepreneurship. The ups and the downs, and how to deal with them 00:21:15 [email protected] is where you send your feedback 00:22:03 Jim-Long Time Listener, One-Time Feedbacker 00:25:20 Telling the story to hack your brain 00:36:19 BB 407 Outtro [email protected] The post Listener Q&A – Taking Action to Help a Slowing Business – Business Brain 407 appeared first on Business Brain - The Entrepreneurs' Podcast.

Join us this week for a unique episode of Business Brain. First, Dave shares his accidental system that has changed his life. Then we jump into a candid discussion about engagement, namely the lack of engagement by our audience. What changes should we make for Business Brain? What’s working, what’s not and why not? Listen and help us solve the Business Brain puzzle! 00:00:00 Business Brain – The Entrepreneurs’ Podcast #406 for Wednesday, November 16th, 2022 00:02:51 Finding Your System (for Weight Loss, of all things!) 00:13:09 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! 00:14:53 PODCAST: Freelance to Founder: The show for you if you’re ready to scale your service-based business hosted by Clay and Preston who have previously started, grown, and sold their own businesses. 00:16:00 Giving Shannon and Dave the Freedom to Flounder Gig Gab episode 363 (second half with Dave’s dissertation on Goose) 00:34:08 BB 406 Outtro [email protected] The post An Accidental System and Increasing Engagement – Business Brain 406 appeared first on Business Brain - The Entrepreneurs' Podcast.

It’s time for listener questions! Join us for another episode of Business Brain to hear our take on social media algorithms before we jump in to help Kate with her horse-based family business. Then we tackle a tricky question about a business partner for over a decade that is stuck doing $20/hour work while he ignores the $200/hour projects. Listen in as we help others use their Business Brains to solve these problems and more! 00:00:00 Business Brain – The Entrepreneurs’ Podcast #405 for Wednesday, November 9th, 2022 00:02:04 What Is Your Favorite Social Media Algorithm? Twitter TikTok Facebook Instagram Positive Manipulation == Persuasion 00:13:07 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! 00:14:45 PODCAST: Entrepreneur’s Enigma. Every week Seth Goldstein interviews entrepreneurs from all walks of life about their journey through entrepreneurship. The ups and the downs, and how to deal with them 00:15:24 Kate-Starting a Family Business (with Horses!) Working Agreement Template 00:25:43 SPONSOR: Bambee – Let Bambee help with your dedicated HR Manager! Go to Bambee.com right now to schedule your free trial! 00:27:25 Stan-What If I Don’t Like My Business Partner? 00:37:24 BB 405 Outtro [email protected] The post Algorithms, Family Businesses and Slacking Partners – Business Brain 405 appeared first on Business Brain - The Entrepreneurs' Podcast.

Let’s face it, not everyone will like you, and you won’t like everyone that you must work with. How do you adjust your Business Brain to change the frame of these relationships to find success? Join your hosts, Dave Hamilton and Shannon Jean, as they explore what it takes to overlook personal feelings to achieve great things. 00:00:00 Business Brain – The Entrepreneurs’ Podcast #404 for Wednesday, November 2nd, 2022 00:01:03 Using Your Business Brain to Take The Road Less Traveled 00:08:11 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! 00:09:54 Working and Succeeding With People You Dislike Be friendly, but not friends Don’t set out to prove yourself right 00:21:44 PODCAST: Freelance to Founder: The show for you if you’re ready to scale your service-based business hosted by Clay and Preston, who have previously started, grown, and sold their own businesses. 00:22:56 Learning to Like — or tolerate — Your Teammates What is their value to your team/organization? What can I learn from them? 00:38:47 BB 404 Outtro [email protected] The post Working and Succeeding with People You Dislike – Business Brain 404 appeared first on Business Brain - The Entrepreneurs' Podcast.

What is the single most powerful skill you can develop? According to Dickie Bush, it’s learning quickly. Join us on this episode of Business Brain as we dive into Mr. Bush’s framework for learning quickly by seeing everything as a game, starting to play immediately, and then iterating as you make mistakes. Will this method lead to mastery and success? Join your hosts, Shannon Jean and Dave Hamilton, to hear their take on the concept. 00:00:00 Business Brain – The Entrepreneurs’ Podcast #403 for Wednesday, October 26th, 2022 00:02:12 Never Believe The Banks! Especially Rocket Mortgage and FNMA 00:19:16 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! 00:21:00 Make Learning Everything a Game — TweetThread from Dickie Bush 00:29:10 Total Immersion Don’t be an amateur expert. Seek experience, or farm it out. Quartet Glass Board 00:33:42 PODCAST: Entrepreneur’s Enigma. Every week Seth Goldstein interviews entrepreneurs from all walks of life about their journey through entrepreneurship. The ups and the downs, and how to deal with them. 00:34:39 Review-Seth Goldstein-Five Stars on Podchaser 00:35:13 Iterate and Improve 00:40:53 BB 403 Outtro [email protected] The post Learning Quickly, Gamification, Iteration, and Mastery – Business Brain 403 appeared first on Business Brain - The Entrepreneurs' Podcast.

What habits could you adopt that would transform both your personal and business life? Join Shannon Jean and Dave Hamilton as we discuss habit recommendations from SystemSunday on Twitter. 00:00:00 Business Brain – The Entrepreneurs’ Podcast #402 for Wednesday, October 19th, 2022 00:01:06 A Sale Is a Successful Transfer of Enthusiasm to The Customer 00:09:24 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! 00:11:00 Ben Meer’s “14 Rare Habits That Will Transform Your Life in 6 Months” 1. Make “No” Your default answer 7. Dave’s Twenty-Minute Rule 4. Don’t regret past decisions 3. Write Down your Beautiful Life Memories 9. Don’t check your phone first thing in the morning 00:28:08 PODCAST: Freelance to Founder: The show for you if you’re ready to scale your service-based business hosted by Clay and Preston who have previously started, grown, and sold their own businesses. 00:29:23 More on those habits! 5. The Gift of Goodbye “Too Many Vampires” — Bitter Pill The Working Agreement 6. Normalize “I don’t know anything about that” as a successful answer 14. Be weird. The ones we didn’t get to…why? 2. Block time for “Deep Work” and you’ll never worry about $$ again 8. Make decisions without your parent(s)’ approval 10. Learn to stand up for yourself without getting worked up 11. Make consistency your loudest statement 12. Take Mid-day naps 13. Don’t Grocery Shop on an Empty Stomach (and don’t believe what you think/feel unless you’re in a peak mental state) 00:42:07 BB 402 Outtro [email protected] The post Can These Habits Transform Your Life? Business Brain 402 appeared first on Business Brain - The Entrepreneurs' Podcast.

Too Old to Start a Business? Think Again If you think youth is a prerequisite to starting a company, think again. According to a recent study by the Census Bureau and MIT, a 50-year-old founder is 2.2 times more likely to start a successful business than a 30-year-old. The study included 2.7 million company founders. The average startup founder was 45 years old when they started their company. Join us today as we talk about age as a feature, not a barrier, to starting a new company. 00:00:00 Business Brain – The Entrepreneurs’ Podcast #401 for Wednesday, October 12th, 2022 How’s Business in Q4 2022? Tradesy sells to Vestiaire Poshmark sold to Naver 00:07:56 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! 00:09:27 Am I Too Old To Start a Business? We Love Mistakes (They’re Our Tuition) Beginner’s Mind 00:25:13 PODCAST: eCommerce MasterPlan — Are you interested in growing your eCommerce store? Or starting one? Then you should be listening to the award-winning top eCommerce podcast – eCommerce MasterPlan 00:26:22 Ray Kroc was 59 When He Purchased What Would Become His Biggest Success 00:47:50 BB 401 Outtro [email protected] The post What is the Best Age to Start a Business? Business Brain 401 appeared first on Business Brain - The Entrepreneurs' Podcast.

Join us this week on Business Brain as we dive deeply into different communication methods with your employees. Find out what works, what doesn’t, and how to fix problems. Don’t miss our intro topic about how to save thousands on your tech gear with this “one simple trick.” Oh yeah, it’s our 400th episode! 7.5 years in the making – you don’t want to miss this one. Cheers! 00:00:00 Business Brain – The Entrepreneurs’ Podcast #400 for Wednesday, October 5th, 2022 00:01:44 The value of bullheaded-persistence 00:02:35 David-398-What’s the Tip to Save us Thousands? Open Box Products eBay Refurb Tracker BackMarket 00:10:58 SPONSOR: Bambee – Let Bambee help with your dedicated HR Manager! Go to Bambee.com right now to schedule your free trial! 00:12:27 How well does texting work for your business? 00:24:32 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! 00:26:03 How to deal with the confusing messages you send your employees? It’s not up to your employees to read your mind Take the initiative and ask your employees Employ empathy 00:33:23 How to create a culture of over-analyzing Surround yourself with people who are good at things you’re not. 00:39:08 BB 400 Outtro [email protected] The post Employee Communication Best Practices – Business Brain 400 appeared first on Business Brain - The Entrepreneurs' Podcast.

Your employees are your business’s greatest asset. How can you ensure they your team is energized and excited about the work they do? What methods and policies can you put in place to help employees avoid burnout, and what are some signs that your employees need better tools to keep motivated? Join us for episode 399 of Business Brain to learn more about employee burnout: what it is, how it starts, and how you can overcome it. 00:00:00 Business Brain – The Entrepreneurs’ Podcast #399 for Wednesday, September 28th, 2022 00:01:09 Small Business Therapy [email protected] 00:02:51 Virtual Employees [email protected] 00:05:38 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! 00:07:00 Avoiding Employee Burnout Identify the scope — Is it one person, or is it systemic Read the room, then document, document, document Gallup Poll of Employee Burnout Burnout Reason: People felt they were treated unfairly 00:17:48 Burnout Reason: Unmanageable Workload 00:22:03 SPONSOR: Business Capital Providers specializes in funding small and medium sized businesses quickly without lengthy paperwork or strict collateral requirements. Visit bcproviders.com/sbs to find out how you can get funded for as much as $250,000 in as little as 72 hours. 00:23:15 Burnout Reason: Lack of Role Clarity 00:28:54 Burnout Reason: Lack of Communication and Support from Their Manager 00:34:27 Burnout Reason: Unreasonable Time Pressure 00:37:09 Burnout mitigation tips: Time off “Free” time Work from home days Mix it up Give people a budget Quartet Glass Whiteboard 00:43:31 BB 399 Outtro [email protected] The post Avoiding Employee Burnout – Business Brain 399 appeared first on Business Brain - The Entrepreneurs' Podcast.

It’s a grab-bag of topics today on Business Brain! Listen in to hear about the importance of finding a good mentor, why your employees will always share the info you may not expect them to, and an idea for a Festivus type of meeting where employees can be free to “air the grievances.” Do Team Accountability Meetings have a place in your business? We think they could, with some caveats. Join us for episode 398 of Business Brain! 00:00:00 Business Brain – The Entrepreneurs’ Podcast #398 for Wednesday, September 21st, 2022 00:01:29 Leveraging Flexibility For Yourself and For Your Team 00:05:55 SPONSOR: Business Capital Providers specializes in funding small and medium-sized businesses quickly without lengthy paperwork or strict collateral requirements. Visit bcproviders.com/sbs to find out how you can get funded for as much as $250,000 in as little as 72 hours. 00:07:17 Always Sunny Podcast’s Rob McElhenney: Latch On to Someone Who is Better Than You 00:14:21 Ep389-Expect Your Employees to Talk With One Another 00:24:31 PODCAST: How I Built It is the podcast that helps creators and small business owners create engaging content that drives sales. Each week, host Joe Casabona talks about how you can build good content faster to increase revenue and establish build authority. 00:25:17 Team Accountability Meetings (aka “Festivus”) 00:42:08 BB 398 Outtro [email protected] The post Find a Mentor, Employee Chatter, and Festivus Employee Meetings – Business Brain 398 appeared first on Business Brain - The Entrepreneurs' Podcast.

Would you invest all your money in one stock? If the answer is no, why would you invest all your efforts into one company, one side hustle, and one career path? Join us today as we discuss the concept of the Portfolio Life and how it fits into our favorite Revenue Stack idea to help you create wealth, build flexibility into your life and add stability to your personal system for success. 00:00:00 Business Brain – The Entrepreneurs’ Podcast #397 for Wednesday, September 14th, 2022 00:02:12 Tim-Cutting down on monthly fees for your small business Stripe Paypal Dropbox What Accounting Software Do You Use? Banktivity 00:10:24 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! 00:12:00 Living The Portfolio Life Why the career of the future needs a portfolio approach Embrace the Art of Replacing Yourself Change Your Relationship with the Day-to-Day Follow your BMI: Boring Meter Indicator 00:21:02 PODCAST: Compile Swift – A show dedicated to discussing development for Apple platforms. Keep up to date with app development, news, tips, and advice for developers of all skill levels, including those getting started. 00:22:05 Continue Your Diversification Independence vs. Freedom 00:34:46 BB 397 Outtro [email protected] The post What is a Portfolio Life? Business Brain 397 appeared first on Business Brain - The Entrepreneurs' Podcast.

Join us today on Business Brain as we discover and explore Ray Dalio’s Principles for success. Dave and Shannon will help you start building the Factory in Your Brain to create success and a Charmed Life for your business and personal life. 00:00:00 Business Brain – The Entrepreneurs’ Podcast #396 for Wednesday, September 7th, 2022 00:01:10 Apple Event Day! 00:07:34 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! 00:09:00 Ray Dalio’s Business Brain Principles Alex Banks’ Tweet Thread Think of Life as a Game Pain + Reflection = Progress “Building a Factory in your brain.” Be Radically Open-Minded Use Root-Cause Analysis Find Your Weaknesses 00:23:17 SPONSOR: Bambee – Let Bambee help with your dedicated HR Manager! Go to Bambee.com right now to schedule your free trial! 00:24:41 The “Back 40” of Ray Dalio’s Business Brain Principles Build Your Machine Write down your principles Remember the 80/20 Rule “Perfection is the enemy of production.” Find all MVPs (minimally viable products) One + One = Three Push Through! 00:39:38 BB 396 Outtro Visit Ray Dalio’s Principles.com [email protected] The post Principles of Managing Reality – Business Brain 396 appeared first on Business Brain - The Entrepreneurs' Podcast.

We see more and more automation entering the workforce to take over many blue- and white-collar jobs. One area that we think will always be handled by humans is creative job roles such as designers, musicians, producers, and more. But how do these creative entrepreneurs create a Charmed Life and build wealth? They need to use their Business Brain. 00:00:00 Business Brain – The Entrepreneurs’ Podcast #395 for Wednesday, August 31st, 2022 00:01:14 The Value of Conferences Podcast Movement 2022 Business Brain 208 – Conferences like a Pro Business Brain 258 – Planning for Trade Show Success 00:08:34 Ranting About The ROI of a College Education – Business Brain 386 00:13:35 SPONSOR: Business Capital Providers specializes in funding small and medium-sized businesses quickly without lengthy paperwork or strict collateral requirements. Visit bcproviders.com/sbs to find out how you can get funded for as much as $250,000 in as little as 72 hours. 00:14:41 The Business of Being a Creator You can’t just create all the time! Every business is the customer service business. The first person to see you as a professional is YOU. The E-Myth Revisited [email protected] You are the average of the 5-people you hang out with the most Ryan Stewman’s “The Force of Average” Get 1,000 True Fans Tools to make creating a business easier: LegalZoom or RocketLawyer Slack or Teams Stripe, Square or PayPal Filemaker Project management – Asana Fiverr or Upwork for hiring contractors Great accounting software – QuickBooks or FreshBooks Hootsuite or similar to manage social media HelloSign or DocuSign 00:36:09 BB 395 Outtro [email protected] The post Why Creatives Need a Business Brain – Business Brain 395 appeared first on Business Brain - The Entrepreneurs' Podcast.

Every musician is a small business owner, and this week we have Paul Kent from Gig Gab — The Show for Working Musicians — join us for a crossover episode to dive into how we can apply our business brains in our musical endeavors! Press play to learn…and always be performing, too 00:00:00 Business Brain – The Entrepreneurs’ Podcast #394 & Gig Gab 355 for the week of Monday, August 22nd, 2022 00:02:30 The Business of Being a Musician Define Success Is it a business, a hobby, or both? Keep continuity by keeping people working Very few musicians are full-time employees of one band Sponsors 17:09 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! 18:45 PODCAST: Beyond The To-Do List — We can all use a little help being more productive, even if that just means hearing new options on taking breaks to recharge! You’re sure to find an episode that meets you where you are and helps you overcome your productivity hurdles! 19:59 Who runs the band? Connecting with fans (aka Customers) 1,000 True Fans Joan As Policewoman Amanda Palmer 00:37:42 When does the love get lost Having roles Roger McNamee from Elevation Partners, The Patron Saint of Weekend Warriors Moonalice (Roger’s band) 00:48:53 BB 393 & GG 354 Outtro [email protected] [email protected] The post The Business of Music — Business Brain 394 appeared first on Business Brain - The Entrepreneurs' Podcast.

When you own a business, everything is public. Or at least you should consider that it could be. Your emails, Slack posts, phone calls, and even in-person interactions can be captured and shared with the world. How do you prepare and train your employees to avoid reputation disasters, and what steps can you take when it does happen? Join us to find out and learn how to protect your business reputation on this episode of Business Brain! 00:00:00 Business Brain – The Entrepreneurs’ Podcast #393 for Wednesday, August 17th, 2022 00:01:28 Success Tip: Ask permission to use your Business Brain Sponsors 00:10:11 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. 00:11:42 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 tailorbrands.com/sbs. 00:12:57 Reputation Management Managing Customer Reviews from Episode 55 Two Tokens of Customer Service from Episode 118 DON’T buy poor reviews, buy loyalty DO buy yourself time when there is a poor review 00:33:15 Never mention: Policies, Terms, or Conditions 00:37:00 The magic phrase 00:41:51 BB 393 Wrap-up [email protected] The post Reputation Management – Before and After a Disaster – Business Brain 393 appeared first on Business Brain - The Entrepreneurs' Podcast.

Join us today on Business Brain as we discuss the pros and cons of including politics in your business and the importance of stepping away and getting some much-needed downtime to help you think and solve problems. 00:00:00 Business Brain – The Entrepreneurs’ Podcast #392 for Wednesday, August 10th, 2022 00:02:13 Talking About Politics In Your Business [email protected] Sponsors 00:11:13 SPONSOR: Bambee – Let Bambee help with your dedicated HR Manager! Go to Bambee.com/SMALL right now to schedule your free trial! 00:12:34 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! 00:14:01 The Importance of Downtime Driving/Commuting Showering Vacations Reading (as an escape) Meditation Flotation Prioritizing Downtime in Your Business Business Travel Retreats Zooming Out Thermacell 00:36:49 BB 392 Wrap-up [email protected] The post Politics in Business and the Importance of Downtime – Business Brain 392 appeared first on Business Brain - The Entrepreneurs' Podcast.

The Covid-19 lockdowns created headaches for many business owners and created opportunities for others. Gary Arndt, the host of the Everything Everywhere podcast, falls into BOTH of those categories. Join us today as we learn about the 10-year journey that led to the start of Everything Everywhere and how Gary has grown the Podcast tremendously during the last two years. 00:00:00 Business Brain – The Entrepreneurs’ Podcast #391 for Wednesday, August 3rd, 2022 00:01:55 Guest: Gary Arndt from Everything Everywhere Everything Everywhere: Learn Something New Every Day That old project that you never used? Maybe now is the time to evolve it and launch! Growing the Podcast Looking for 1-Star Reviews Roommate JJ Allaire created ColdFusion, Gary built a 50-employee Internet Business, sold it. I never had the “boy, I need to get a job” impulse. What do I do, not who do I work for? Sponsors and Swaps 00:15:31 SPONSOR: Business Capital Providers specializes in funding small and medium sized businesses quickly without lengthy paperwork or strict collateral requirements. Visit bcproviders.com/sbs to find out how you can get funded for as much as $250,000 in as little as 72 hours. 00:16:55 PODCAST: Calm History. Each episode is narrated in a calm voice to help you to relax or fall asleep. Travel back in time to the global history of rubber, Joan of Arc, Henry Ford, The Titanic, Marco Polo, Jackie Robinson, and much more. 00:17:41 Growing a Podcast A podcast *scales* “I funded businesses through my own poverty” “Will You Ever Get a Tenfold Increase In Your Salary?” 00:42:49 BB 391 Wrap-up [email protected] The post Interview with Gary Arndt of the Everything Everywhere Podcast – Business Brain Episode 391 appeared first on Business Brain - The Entrepreneurs' Podcast.

We have been using the term Business Brain frequently on The Small Business Show since it encapsulates so much of how we want you to think about not just your Small Business but also your life in general. When you use your Business Brain, you are: Using a Problem-Solving Mindset Building a Revenue Stack Creating your Story Embracing mistakes Compartmentalizing your thoughts Delegating to grow your business Using the Power of Reciprocity Not making fear-based decisions Taking Action every-single-day Embracing Systems over Goals Creating Executive Summaries Creating recurring revenue streams Listening to the Business Brain show each week! The Small Business Show is now Business Brain – The Entrepreneurs’ Podcast! Listen in today as we discuss the new name, branding, and engagement opportunities before we jump in to answer a couple of very timely listener questions. Let’s go! 00:00:00 Business Brain – The Entrepreneurs’ Podcast #390 for Wednesday, July 27, 2022 00:01:37 Same show, more accurate name: Business Brain – The Entrepreneurs’ Podcast at BusinessBrain.SHOW Sponsors 00:08:39 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! 00:10:00 PODCAST: Passion to Profit – Learn how to price your services, give estimates, format contracts, and get your own home organizing business going in less than a day with the Passion to Profit Podcast. 00:11:02 Niles-What’s the recession mean for me? Talk to your team now! 00:17:30 Have regular meetings…just not too regular! 00:22:30 Shawna-Revenue Stacks are BS! The Power of Saying Yes 00:33:51 BB 390 Wrap-up [email protected] The post Business Brain is Born and Listener Questions – Business Brain 390 appeared first on Business Brain - The Entrepreneurs' Podcast.

This is the second show in our series about hiring right and handling layoffs. Our Business Brain tells us that our employees are the most important asset we have, so we always suggest doing everything you can to avoid layoffs. However, sometimes layoffs can’t be avoided if you want to make it through a downturn or you have to restructure your business based on other factors. Let’s take a deep dive into the best way to handle this unpleasant aspect of owning a business. Intro topic idea: Buy Refurbished Tech for Your Business! 00:00:00 Small Business Show #389 for Wednesday, July 20, 2022 00:01:44 Ripple Effects of Lockdowns Meat Church Hey Grill, Hey 00:11:07 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 tailorbrands.com/sbs. 00:12:31 How To Handle Layoffs Have Bambee Help You! Have two people involved when you’re laying someone off Record it on Zoom REHEARSE! Complete the paperwork ahead of time Change Passwords Watch Moneyball! Have a checklist/roadmap “The Decision Has Already Been Made.” Buy then a LinkedIn Pro Subscription Would you re-hire them? 00:34:31 Talking with the team that’s left 00:39:51 SBS 389 Wrap-up Reviews Give us a sense of what you’re looking for [email protected] The post How to Handle Layoffs – Small Business Show 389 appeared first on Business Brain - The Entrepreneurs' Podcast.

We are entering an interesting time when it comes to employees. You may be struggling to find enough people to fill certain roles while considering layoffs of others to cut your costs to make it through a possible recession. We consider layoffs to be the last resort since we believe you should protect your talent as much as possible. However, if you have certain people that are not performing or helping your company grow, we don’t think you should hesitate when it comes to letting them go. At the same time, certain employee groups are in short supply and you may be hiring to fill those roles. We have some creative tips to ensure you hire the right people to add to your team. Bring your Business Brain and join us as we discuss hiring in this episode and layoffs next week along with some added surprises. 00:00:00 Small Business Show #388 for Wednesday, July 13, 2022 00:02:00 Interruptions are Opportunities 00:02:51 Mark Cuban’s Cost-Plus Drug Company Mark Cuban talks on How I Built This Sunscreen Graduation Speech Pilot Lesson — Don’t React Immediately 00:10:54 SPONSOR: RateTracker, your credit card processing rate watchdog presented by Skysail Solutions, your trusted payments partner 00:12:15 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! 00:13:45 Hiring Tips Freakonomics: “Get back to me if you highly recommend this applicant as super-great” Walmart Pays College Grads $200K (or more!) to start as Managers Five Hiring Mistakes (a Twitter thread from @sweatystartup) Don’t Overcomplicate the Job Don’t Hire Only In America Don’t Fire too Slowly Don’t Wait too Long to Delegate Gary VonMyhr from Tech Defenders talks about Delegation on Small Business Show Don’t Micromanage “Tell me when I’m micromanaging you.” Don’t create complicated profit-sharing plans Instead: give out bonuses based on performance CalSavers (mandatory retirement program) 00:42:26 SBS 388 Outtro Reviews Give us a sense of what you’re looking for [email protected] The post Hiring Tips and When Layoffs Become a Reality, Part 1 – Small Business Show 388 appeared first on Business Brain - The Entrepreneurs' Podcast.

We have talked about the idea of a Revenue Stack a number of times on The Small Business Show. Episode 115 back in 2017 dived deeper into the concept. With the current and future business economy looking uncertain, it’s time to jump back into the Revenue Stack concept to see how it can help you weather a downturn and ultimately build wealth for you personally as well as your business. 00:00:00 Small Business Show #387 for Wednesday, July 6, 2022 00:01:32 Which is better? Monday or Friday off? 00:04:56 Next week’s Business Brain exercise: Mark Cuban’s Cost-Plus Drug Company Sponsors 00:07:29 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. 00:09:40 SPONSOR: Bambee – Let Bambee help with your dedicated HR Manager! Go to Bambee.com/SMALL right now to schedule your free trial! 00:11:22 What is a Revenue Stack? SBS 117 Started this idea The Power of Having Many Bosses (is it really a dilemma?) 00:18:58 PODCAST: This Week In Tech: Every week, This Week in Tech gives you a no-holds-barred, deep dive into how big tech influences our culture and our lives. 00:19:57 How to Start Your Revenue Stack Subscription services on SBS 212 Other recurring income on SBS 362 DealsOnTheWeb SBS 380: Shannon’s Side Hustle Shannon’s Power of Small Sums Embrace the impatience Scott Adams’ Talent Stack Concept Go read The E-Myth 00:33:22 SBS 387 Outtro [email protected] The post Developing Revenue Stacks – Small Business Show 387 appeared first on Business Brain - The Entrepreneurs' Podcast.

It takes money to make money, right? Whether you are just getting started or you have been in business for years, you are going to need access to capital for your business. So what resources are there for new and established businesses? Should you go the traditional route of a local bank or use some new online financing source? And what about your credit cards and other non-traditional ways to raise money? Let’s jump into the deep end today and figure out how to get you the money you need to thrive and survive good times and bad. 00:00:00 Small Business Show #386 for Wednesday, June 29, 2022 00:01:38 The ROI of a College Education Sponsors 10:38 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! 12:31 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! 00:13:57 How To Fund Your Business Use Credit Cards Inter-Statement Payments AmEx Plum Card Kabbage Daily Credit Card Skim Equipment Purchasing Section 179 00:44:50 SBS 386 Outtro [email protected] The post How to Finance Anything – AKA How to Fund Your Business – Small Business Show 386 appeared first on Business Brain - The Entrepreneurs' Podcast.

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 [email protected] The post Why YOU Should NOT Start a Business – Small Business Show 385 appeared first on Business Brain - The Entrepreneurs' Podcast.

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! [email protected] The post Surviving and Thriving During a Downturn – Small Business Show 384 appeared first on Business Brain - The Entrepreneurs' Podcast.