Back Bedroom to Big Business Dino Tartaglia & Simon Hartley

Welcome to the Back Bedroom to Big Business podcast hosted by the talented and educational hosts Dino Tartaglia and Simon Hartley. Our hosts are a winning team with combined experience, research, and know how to help other business owners get where they want to go. Back Bedroom to Big Business is not an average business podcast that makes you feel inspired, but not motivated to action. You’ll be taking notes during their weekly episodes and planning how to implement what you’ve learned.
 
During this episode, Dino and Simon discuss part two of their series about building a global business without venture capital funding or significant investments. This episode will focus on case studies of extremely successful online businesses and how they attained their global status with little to no support.
 
The Businesses
Basecamp - Project management platform Self-funded Started with a team of only four people Grew 100,000 customer organically Committed to a vision he could execute Grammarly - Writing assistant Spell and grammar checker and much more Charges 800 universities and 100,000 writers  Free Google Chrome extension 7 million active users daily Focused relentlessly on one core value:  Helping people communicate better wherever they write online Shutterstock - Stock/Royalty free photos Limited market Combined his personal skill of photography and web development Shot 30,000 photos in the first year of business Personally coded the site 2 Billion dollar business  
Commonalities:
Founding principle  - focus on solving a valuable problem for the market Passionate  Finances Surviving/thriving Cash flow Profitability


“Honestly, I couldn’t live without it, man.” (Grammarly)
“He’s not a magician or lucky. He just made some really good decisions and acted on them.”
“They are solving a problem that makes a real difference and has real value in the world.”
“Reinvesting to grow further.”
“Every dollar is a prisoner.”
“Return on spend is a great metric.”
 
Visit our Website!
www.successengineers.co
 
Want more of Dino and Simon?
Dino and Simon's Website: Success Engineers 
Dino's LinkedIn Profile
Simon's LinkedIn Profile
Simon's Website
Simon's YouTube Channel
 
Mentions:
Basecamp 
Grammarly 
Shutterstock 

Visit our Website!
www.successengineers.co
 
Dino Tartaglia's LinkedIn
Simon Hartley's LinkedIn
Simon's website - Be World Class
Simon's YouTube Channel

Welcome to the Back Bedroom to Big Business podcast brought to you by our experienced, educated, and well-spoken hosts Dino Tartaglia and Simon Hartley. This podcast puts out weekly episodes for business owners and entrepreneurs of both large and small businesses with great tips, tricks, strategies, stories, and blueprints to help along the way. Each episode is chock full of great information and often times a funny anecdote or two. Always truthful, Dino and Simon won’t lead you astray.
 
During this episode, our great hosts look back on their first season episodes one through eleven. These episodes span two separate series: Characteristics of Successful Entrepreneurs (episodes two through six) and Fatal Mistakes by Entrepreneurs (Episodes seven through eleven). What you’ll hear during this review:
 
Season review How to apply these lessons and strategies How to ensure that you do something with this knowledge Case study examples Shift in thought and even posture Lightbulb moments Awareness of the problem but the inability to solve it Low and high-value questions  Client patterns Clarity and Messaging Characteristics of Wildly Successful Entrepreneurs E2 Solve Valuable problems  E3 Embrace Challenge E4 Constantly Solve Problems E5 Share Passion E6 Get Lucky Fatal Mistakes Made by Entrepreneurs E7 Obsession E8 Need for Speed E9 The Chase E10 Wrong Trousers E11 Toilet Roll


“The value of any knowledge is only truly realized when you use it and apply it.”
“So what are you going to do now?”
“A great coach can facilitate coming up with a solution.”
“Connecting the dots isn’t so easy.”
“Everyone must build their own blueprint for success.”
“Continuous momentum is needed.”
“Any plan does usually survive first contact.”
“Use the three Cs: Clarity, confidence, cash flow.”
“How to build purpose, meaning, and passion.”
 
Visit our Website!
www.successengineers.co
 
Want more of Dino and Simon?
Dino and Simon's Website: Success Engineers 
Dino's LinkedIn Profile
Simon's LinkedIn Profile
Simon's Website
Simon's YouTube Channel

Welcome to the Back Bedroom to Big Business podcast hosted by Dino Tartaglia and Simon Hartley. During each weekly episode of this podcast, Simon and Dino provide massive insight, tips, and strategies for business owners no matter if you’re brick and mortar or online. Our hosts have run two series which have abundant information necessary for running your own business. The first series (episodes one through six) is Characteristics of Successful Entrepreneurs. The current series (episodes seven through eleven) are Fatal Mistakes by entrepreneurs. 
 
During this episode, our hosts wrap up the Fatal Mistakes series with Toilet Roll aka Cashflow. Managing cash flow is both a science and an art in the world of business operations. 
 
Listen for great information about:
Profit/paper profit Forecasted revenue Carefully controlled sales margins  Money in the bank? Pay before or after? Terms owed to your business How even with profit your money can become tied up Building your financial runway Burn rate Financial backing Proactive via reactive Bridging cashflow holes  Buffer  
“Turn over is vanity. Profit is sanity. Cashflow is king.”
“Is it economy that can be the cause of failure or is it the ignorance toward the fundamental rule of business: keeping your eyes on the numbers.”
“You can’t pay your supplier with profit.”
“You can’t buy a meal on margins.”
“If you have to pay your bills before you get paid . . . you’ve got a massive hole.”
“Cash is the oxygen of business - without it, it gets sick and dies.”
 
Visit our Website!
www.successengineers.co
 
Want more of Dino and Simon?
Dino's LinkedIn Profile
Simon's LinkedIn Profile
Simon's Website
Simon's YouTube Channel

Welcome to the Back Bedroom to Big Business podcast hosted by the lively, experienced, and encouraging coaches Dino Tartaglia and Simon Hartley. Together these hosts have a slew of information about running a big business, small business, online businesses and much more. Episodes one through six focused on a series titled Characteristics of Successful Entrepreneurs and gave a blueprint that can be used by those getting started. 
 
During this episode, our hosts touch briefly on last week’s episode (E009 Fatal Mistake Three - The Chase) and then dive headlong into today’s topic: Fatal Mistake Four - Wrong Trousers.  What does ‘Wrong Trousers’ mean? Inevitably many business owners move into roles in their business that they’re not suited for and why outsourcing is sometimes absolutely necessary.
 
Listen for Four Key Roles, what they mean, and why they’re so important!
Technician  Do the thing that needs to be done Run day to day business Manager Solves the businesses challenges Innovation Entrepreneur Directs and leads everyone and everything within the business The vision of the future Leader  
“The path of least resistance is to do what you enjoy or you’re good at (often the same thing), but your business needs more from you.”
“We work in and on our businesses.”
“The difference between management and strategy.”
“If you don’t do it then you don’t know it.”
“The key thing is to understand and fully embrace the entrepreneurial mindset and the employee mentality.”
“Recommendations and referrals convert.”
 
Visit our Website!
www.successengineers.co
 
Want more of Dino and Simon?
Dino's LinkedIn Profile
Simon's LinkedIn Profile
Simon's Website
Simon's YouTube Channel

Welcome to the Back Bedroom to Big Business podcast hosted by entrepreneurs and coaches Dino Tartaglia and Simon Hartley. This podcast began with a series of episodes regarding the characteristics of successful entrepreneurs. This episode is the third in our hosts second series titled Fatal Mistakes. This is no ordinary business podcast. There are no gimmicks and no false promises. No snake oil salesmen here. Dino and Simon are tried and true with years of success and experience to back them up. If you desire success in your business you’ve come to the right place.
 
In this episode, Dino and Simon dig into the thrill of the chase. This mistake affects not only small businesses and entrepreneurs but also big businesses such as Lehman Brothers and Enron. Simon makes a great point that understanding a bit of psychology and human behavior can go a long way in understanding any industry. We must understand our own mindset and our emotional investment to ensure that we’re making rational decisions.
 
Listen for great details:
Irrational exuberance  Speech by Alan Greenspan  Building a bubble Jordan Belfort - The Wolf of Wallstreet  Conversions by Door-Knocking  Drives commission = drives greater losses How to avoid this error Revenue - Expenses = Profit Revenue - Profit = Expenses Sales is not profit Cashflow / money in the bank Working capital Taxes ROI P&L  
“Lots of people . . . put an incentive out there, special knock down price for six months, but what you’ve done is undersold your next six months.”
“Some sales are bad volume. Not profitable sales.”
“Sustainable growth and sustainable profit are imperative.” 
“The online entrepreneur has minimal overhead.”
“Just because the money is in your bank account doesn’t mean its yours.”
“Focus on both top and bottom line health.”
“I am the business. The business is me.”
 
Visit our Website!
www.successengineers.co
 
Dino Tartaglia's LinkedIn
Simon Hartley's LinkedIn
Simon's website - Be World Class
Simon's YouTube Channel