Small Business Stories

Loralyn Mears, PhD
  • 4.8 (20)
  • Entrepreneurship
  • Updated Daily

Welcome to Small Business Stories, the podcast where we celebrate the real-life journeys of small business owners. We dig into inspiring tales of triumphs, challenges, and the tough lessons we learned along the way. Each episode is packed with relatable anecdotes and practical tips that you can use to fuel your own entrepreneurial dreams. Whether you're just starting out or looking to grow your business, you'll find motivation and insight in every story. Tune in and get ready to be inspired by the heart and hustle of small business owners just like you! We say it like it is - no filters. Being an SMB owner isn't easy, but we're compelled to do it.

  1. 2d ago

    Why Your Google Ads Aren't Working Anymore with John Sanders

    S6:E79 Why More Traffic Doesn't Mean More Business with John Sanders Your advertising may be doing exactly what you asked it to do. That doesn't mean it's helping your business. John Coleman Sanders has spent 16 years working with Google Ads, and he says the platform has undergone some of its most significant changes in just the past year. AI is interpreting intent, old strategies are becoming obsolete, and businesses have less control over precisely when and where their ads appear. But John's bigger message isn't about mastering Google's latest feature. It's about understanding whether those clicks ever become business. If people click but don't understand the offer, more traffic won't solve the problem. If your website says something different from what you believe it says, Google can interpret your business incorrectly. If leads arrive but 80% disappear because your back-end process isn't working, the ad isn't the primary failure. And if people don't trust what they encounter after clicking, paying to send more people there only magnifies the problem. 👤 Guest John Coleman Sanders Founder, RevKey Google Ads, paid acquisition and measurable business growth ⚠️ Core Problems Rising advertising costs without corresponding business results AI changing how Google interprets searches and intent Websites inadvertently communicating the wrong positioning Traffic arriving before the business is ready to convert it Companies mistaking clicks for results Constant campaign changes preventing Google's systems from learning Disconnects among advertising, website, offer and follow-up 🥡 Practical Takeaways Start with the business outcome, not the advertising metric. Google's interpretation of your business increasingly depends on signals beyond the keyword you're buying. A website needs to be ready before paid traffic arrives. The sales and follow-up system must also be ready. Don't continually reset AI-driven campaigns before enough data accumulates. A 10% click-through rate is meaningless if nobody takes the action the business needs. More marketing can amplify an underlying positioning or conversion problem rather than solve it. ⏱️ Timestamps 02:25 The biggest Google Ads changes John has seen in 16 years 05:43 When AI misunderstands what a business actually offers 08:00 Why clicks don't necessarily produce business 17:42 The messaging mismatch behind failed advertising 19:29 Why John will tell businesses they aren't ready for ads 21:59 Getting beyond vanity metrics 23:45 Why you shouldn't constantly change AI-driven campaigns 25:15 Interpretation problem or traffic problem? 27:23 The metric John ultimately cares about 🔖 Who This Episode Is For Entrepreneurs and small business owners who are paying for traffic but aren't seeing enough revenue from it, especially those wondering whether to spend even more on advertising. At STEERus, this connects to a recurring Signal-to-Sale Gap. Misinterpretation risk doesn't end when someone discovers a business. If an ad creates one expectation, a website creates another and the experience supplies still another, increased visibility can actually scale confusion rather than eliminate it. Subscribe and share Small Business Stories for grounded conversations about entrepreneurship, visibility, leadership and growth.   ✅ Subscribe for weekly conversations on entrepreneurship 🔁 Share this episode with someone who needs to be heard Follow STEERus on social media: YouTube: https://www.youtube.com/@DrLLSmallBusiness Instagram: https://instagram.com/steerus LinkedIn: https://www.linkedin.com/company/steerus Twitter: https://x.com/steerus_io   #entrepreneurship #smallbusiness #podcast #GoogleAds #advertising #digitalmarketing

    Why Your Google Ads Aren't Working Anymore with John Sanders

  2. 2d ago ·  Bonus

    You Might Also Like: The Oprah Podcast

    Introducing The Lindsay Clancy Case, Understanding Postpartum Psychosis from The Oprah Podcast. Follow the show: The Oprah Podcast The Lindsay Clancy case has captured the nation’s attention, causing heated debate in the national conversation. On January 24, 2023 Lindsay Clancy strangled her three children in her basement and then attempted suicide by jumping from a second-story window in her house. The resulting injuries left her paralyzed from the waist down. After 21 days of testimony from more than 80 witnesses, the jury was not able to reach a unanimous decision. Lindsay Clancy’s defense team has argued that she is not guilty by reason of insanity as she was experiencing postpartum psychosis, while the prosecution argued she committed premeditated first degree murder. Oprah is in Massachusetts for a wide-ranging conversation about the case with an audience including an exclusive interview with Meg Hamp, a nurse who worked alongside Lindsay for 7 years and testified at her trial - plus medical experts, legal scholars and women who have personally experienced postpartum psychosis. Their stories give us a rare, first-hand insight into what it is to experience this challenging mental health issue. Oprah will also talk with social critics who will share their opinions and she will hear speculation on many sides of the case. Oprah has hosted conversations on postpartum depression and psychosis for 40 years with the intention of providing a platform for a mature discussion. This podcast episode contains discussions of murder, suicide, and mental illness that may be upsetting to some listeners. Listener discretion is advised. Follow Oprah Winfrey on Social: https://www.instagram.com/oprahpodcast/ https://www.facebook.com/oprahwinfrey/ Listen to the full podcast:  https://open.spotify.com/show/0tEVrfNp92a7lbjDe6GMLI DISCLAIMER: Please note, this is an independent podcast episode not affiliated with, endorsed by, or produced in conjunction with the host podcast feed or any of its media entities. The views and opinions expressed in this episode are solely those of the creators and guests. For any concerns, please reach out to team@podroll.fm.

    You Might Also Like: The Oprah Podcast

  3. 5d ago

    Why AI Won't Fix a Broken Business with Tullio Siragusa

    S6:E78 AI doesn't arrive inside a business as a neutral cure for everything that isn't working. It encounters the decision structures, silos, leadership behaviors, customer experience and culture that are already there and then it can make them move considerably faster. That's the tension at the center of this episode of Small Business Stories with Tullio Siragusa, founder of Inventrica Advisory. Tullio works at the intersection of artificial intelligence, leadership and organizational transformation. His argument is refreshingly human: don't automate away the very qualities that made people value your business in the first place. If customers don't trust the experience you give them, more automation won't manufacture trust. If employees don't have sufficient autonomy to make decisions, adding faster technology won't necessarily produce better decisions. And if what your business promises externally doesn't match what people experience internally, AI can amplify that contradiction at scale. That's where this conversation intersects directly with Dr. LL's work on misinterpretation risk and Decision Integrity: the signals a business sends aren't created by marketing alone. They're created by how the business actually behaves. 👤 Guest Tullio Siragusa Founder, Inventrica Advisory AI transformation, leadership, organizational design and decision architecture ⚠️ Core Problems Organizations automating processes that were already dysfunctional Legacy command-and-control structures slowing AI adoption Silos preventing collaboration and decision flow Confusing employee activity with actual progress AI exposing leadership and communication weaknesses Customer-service automation removing human agency External brand promises conflicting with internal organizational reality 🥡 Practical Takeaways AI can enable what an organization already does well, but it can also expose what isn't working. Tullio identifies friction as the enemy of business; diagnose friction before adding technology. Collaboration, autonomy and information flow matter more in an AI-accelerated environment. Don't mistake being busy or adding technology for meaningful transformation. Tullio identifies four human needs behind engaged cultures: belonging, meaning, impact and becoming. As automation increases, leaders should invest more deeply in empathy and purpose. Customer experience reflects internal organizational design more than many leaders realize. Before refining external messaging, ask whether the organization actually practices what it promises. ⏱️ Timestamps 01:19 Where businesses are in the AI adoption cycle 03:16 AI reveals what kind of company you really are 06:30 Why AI amplifies organizational dysfunction 08:31 Friction, silos and Tullio's Empath IQ framework 10:26 Busy isn't the same as making progress 14:36 The leadership skills an AI economy requires 18:31 AI exposes leadership weaknesses 21:42 Empathy and purpose won't go out of style 25:04 The question every CEO should ask before scaling AI 🔖 Who This Episode Is For Founders, CEOs and leaders implementing AI who suspect that the hardest part of transformation isn't choosing the technology—it's preparing the organization using it. At STEERus, we see the resulting Promise-Practice Gap as a form of misinterpretation risk. When marketing says one thing while employees, customers, systems and digital evidence demonstrate another, outsiders receive conflicting signals about what the organization actually is. AI doesn't create that contradiction, but it can make the contradiction harder to hide. Subscribe and share Small Business Stories for thoughtful conversations about leadership, AI, trust and building businesses people can understand and believe. ✅ Subscribe for weekly conversations on entrepreneurship 🔁 Share this episode with someone who needs to be heard Follow STEERus on social media: YouTube: https://www.youtube.com/@DrLLSmallBusiness Instagram: https://instagram.com/steerus LinkedIn: https://www.linkedin.com/company/steerus Twitter: https://x.com/steerus_io   #entrepreneurship #smallbusiness #podcast #AIsearch #digitalmarketing

    Why AI Won't Fix a Broken Business with Tullio Siragusa

  4. Sep 4

    How to Get Startup Funding with Vijay Rajendran

    S6:E77 A funding round can transform a company. It can also change who controls it, how it's expected to grow and even whether the founder remains CEO. So perhaps the first fundraising question shouldn't be How do I get the money? It should be: Do I actually want what comes with it? Queue up this episode of Small Business Stories with Vijay Rajendran, founder of Startup System and author of The Funding Framework, for a grounded look inside startup fundraising in 2026. Vijay describes a market where more capital is concentrating in fewer companies, AI commands extraordinary investor attention, and founders outside the hottest categories may wonder whether funding is even accessible. His response is refreshingly grounded: most businesses shouldn't be pursuing institutional capital in the first place. If investors don't trust you, a beautiful pitch deck won't solve the underlying problem. If your business doesn't fit an investor's thesis, more outreach doesn't necessarily create better odds. And if the narrative surrounding your company doesn't accurately convey its opportunity, two founders presenting fundamentally similar businesses can produce dramatically different investor reactions. Fundraising, Vijay argues, is ultimately a trust-building exercise. 👤 Guest Vijay Rajendran Founder, Startup System Author, The Funding Framework Instructor of leadership and change management for startup founders at UC Berkeley ⚠️ Core Problems Venture capital increasingly concentrating among fewer companies Founders assuming fundraising is necessary Choosing money based primarily on valuation or prestige Underestimating how much autonomy institutional capital can change First-time founders being unprepared to work with boards Treating fundraising like pitching rather than relationship building Failing to align with investors whose thesis actually fits the business 🥡 Practical Takeaways Customer revenue may be more valuable than investor capital. Determine whether your business is actually suited for institutional funding. The quality and compatibility of the investor can matter more than check size or valuation. Recruit board members with the rigor you'd apply to an important executive hire. Don't treat your board as either a rubber stamp or a tribunal. Narrative, momentum and market dynamics influence investor decisions alongside fundamentals. Vijay's Funding Framework moves through storytelling → organization → outreach → closing. Once investors enter the company, the founder's role and obligations change. ⏱️ Timestamps 01:20 AI's effect on the 2026 venture-capital landscape 09:25 Why 99% of businesses shouldn't think about VC 14:11 Funding itself as a market signal 17:28 Why the "best" investor isn't necessarily the biggest check 20:04 What founders misunderstand about boards 26:44 How narrative and momentum influence investment decisions 28:16 Vijay's four-part Funding Framework 30:32 When NOT to raise capital 🔖 Who This Episode Is For Founders considering outside capital, first-time startup CEOs, entrepreneurs preparing for institutional investors and anyone trying to understand what actually happens after the pitch deck. At STEERus, this conversation connects to a recurring misinterpretation problem: highly visible signals can become proxies for underlying value. Funding, awards, follower counts, credentials and even AI visibility can strengthen credibility but problems begin when the proxy becomes easier to see than the substance it's supposed to represent. Subscribe and share Small Business Stories for thoughtful conversations about the decisions, signals and relationships shaping businesses in 2026.   ✅ Subscribe for weekly conversations on entrepreneurship 🔁 Share this episode with someone who needs to be heard Follow STEERus on social media: YouTube: https://www.youtube.com/@DrLLSmallBusiness Instagram: https://instagram.com/steerus LinkedIn: https://www.linkedin.com/company/steerus Twitter: https://x.com/steerus_io   #entrepreneurship #smallbusiness #podcast

    How to Get Startup Funding with Vijay Rajendran

  5. Sep 2

    Small Business Cybersecurity: What You Don't See Can Hurt You with Last Pass CEO Karim Toubba

    S6:E76 Security is ultimately a promise of trust. So what happens when that trust gets broken? Karim Toubba has had to answer that question in circumstances few CEOs would choose. He joined LastPass as their CEO only months before the company experienced a significant and highly publicized 2022 security breach. In this candid conversation, Karim acknowledges that LastPass initially communicated too slowly and explains the systemic changes, transparency, investment and cultural work required afterward. Queue up this episode of Small Business Stories for a conversation that goes well beyond passwords. Because the threat itself is changing. Karim says AI is producing a meaningful productivity advantage for small businesses, but it is simultaneously allowing malicious websites and other threats to be generated at much greater velocity. Employees are also adopting AI applications faster than many organizations can establish policies around what data those applications should be allowed to access. If people don't trust you, reassuring them that you're trustworthy isn't enough. If customers cannot see credible evidence supporting what you say, they'll increasingly turn to third-party communities and other sources to interpret your credibility for themselves. And if inaccurate or incomplete information about your organization remains unchallenged, the external interpretation of your company can begin separating from the reality inside it. That's where Karim's cybersecurity experience intersects powerfully with Dr. LL's work on misinterpretation risk. 👤 Guest Karim Toubba CEO, LastPass Cybersecurity executive with nearly three decades of industry experience ⚠️ Core Problems Credential theft remaining a major attack vector Password fatigue and poor security habits Trust erosion after a public organizational failure Employees adopting unsanctioned SaaS and AI applications Sensitive information being uploaded into AI systems AI accelerating the volume and sophistication of malicious sites Organizations confusing a security product with a secure culture 🥡 Practical Takeaways Make security easier to practice; complexity undermines adoption. Passkeys and biometrics can reduce dependence on traditional passwords. Treat every piece of information uploaded to an outside platform as something that could potentially become exposed. Understand both what AI tools employees are using and how they're using them. Cybersecurity requires technology, investment and culture not merely software. After trust is damaged, acknowledge what went wrong and provide evidence of what changed. Participate in third-party conversations about your company rather than assuming your owned communications control the narrative. Begin thinking beyond human identity: AI agents will also require identities, permissions and access controls. ⏱️ Timestamps 03:20 Passkeys, biometrics and the future beyond passwords 08:14 Rebuilding trust after the LastPass breach 13:00 What Karim says LastPass got wrong about communication 20:03 Dr. LL's Invisibility Decoder lens and hidden digital risks 21:45 AI adoption and the new small-business security problem 23:53 AI is dramatically accelerating malicious websites 27:36 Leading a company with a perpetual target on its back 36:01 How do customers distinguish security from reassurance? 🔖 Who This Episode Is For Entrepreneurs, SMB leaders and executives trying to balance AI adoption, cybersecurity, employee behavior and customer trust without becoming paralyzed by the complexity. At STEERus, we see a related Trust Blind Spot across industries: organizations frequently assess their credibility from what they know internally while customers, search systems and AI interpret them from the evidence available externally. Trust cannot simply be asserted. The signals supporting it have to be visible, consistent and credible. Subscribe and share Small Business Stories for thoughtful conversations with leaders navigating the increasingly complicated relationship between technology, trust and business growth.   ✅ Subscribe for weekly conversations on entrepreneurship 🔁 Share this episode with someone who needs to be heard Follow STEERus on social media: YouTube: https://www.youtube.com/@DrLLSmallBusiness Instagram: https://instagram.com/steerus LinkedIn: https://www.linkedin.com/company/steerus Twitter: https://x.com/steerus_io   #entrepreneurship #smallbusiness #podcast #cybersecurity #riskmanagement #ai #password

    Small Business Cybersecurity: What You Don't See Can Hurt You with Last Pass CEO Karim Toubba

  6. Sep 1

    The Founder Trap: Why Your Business Isn't Growing Even When You're Working Harder with Charles Gaudet

    S6:E75 What if getting more customers actually made your business worse? That's the paradox Charles Gaudet sees repeatedly. A founder builds a business through hard work, referrals and personal relationships. Success arrives. More customers come in. Employees are hired. Yet instead of gaining freedom, the founder becomes the hub through which nearly everything still has to pass. Queue up this episode of Small Business Stories as Charles Gaudet, CEO of Predictable Profits, explains what he calls the Founder's Trap and why adding more leads, sales or people can deepen it instead of solving it. Charles describes the founder not as someone sitting neatly at the top of an organizational chart, but stuck in the middle of it: chief rainmaker, best closer, decision-maker, client contact and firefighter. And that leads to a larger diagnostic problem. If people don't trust your business to operate without you, growth becomes harder to sustain. If buyers don't understand your unique advantage, more traffic won't necessarily improve conversion. And if you misdiagnose the problem, AI can efficiently give you an answer to the wrong question. That last point creates an especially interesting intersection with Dr. LL's work on misinterpretation risk: sometimes the signal isn't unclear because the answer is bad. It's unclear because we've misunderstood the problem we're trying to solve. 👤 Guest Charles Gaudet CEO, Predictable Profits Business growth advisor and creator of the Founder's Trap framework ⚠️ Core Problems Founders becoming indispensable to daily operations More sales creating more work rather than more freedom Confusing fast growth with predictable growth Chasing "shiny penny" strategies and AI tools Hiring people and then micromanaging them Diagnosing symptoms instead of underlying constraints Messaging that doesn't connect with the right buyer 🥡 Practical Takeaways Growth isn't always about doing more. At certain stages, it requires doing less but doing it in the right order. Don't assume "more leads" is the answer simply because lead generation is the visible problem. Hire people who are better than you at the role you're hiring them to perform. Sustainable businesses require systems, appropriate KPIs and the right people in the right seats. Move beyond a theoretical ICP as real customer data accumulates. Ask what unique advantage you provide not merely what makes you unique. AI is a tool. Without sufficient context to ask the right question, its answer can reinforce a faulty diagnosis. Identify and remove constraints before spending more money trying to force additional growth. ⏱️ Timestamps 01:13 Hard work, fast growth and the myths founders inherit 03:27 What the Founder's Trap actually looks like 10:37 Why founders struggle to let go 14:03 The danger of "shiny penny" strategies 25:23 AI, expertise and asking the wrong question 29:25 Message-market match and the "super consumer" 32:06 Stop turning up the spigot—find the kink in the hose 🔖 Who This Episode Is For Founder-led businesses that have achieved traction but are finding that each new level of growth creates more complexity, more founder involvement and less freedom. At STEERus, we see an adjacent problem in Symptom Fixing: businesses frequently describe the problem they can see rather than the condition actually creating it. That distinction matters even more as AI becomes a decision partner, because AI can accelerate an incorrect diagnosis just as efficiently as a correct one. Clearer inputs begin with clearer understanding. Subscribe and share Small Business Stories for grounded conversations with entrepreneurs and advisors about what actually happens after the business starts succeeding. FYI Charles Guadet (here) and John Abrams (former guest) are describing two sides of the same founder problem. John asks, "Can the business survive without you?" Charles asks, "Can the business grow without everything flowing through you?" ✅ Subscribe for weekly conversations on entrepreneurship 🔁 Share this episode with someone who needs to be heard Follow STEERus on social media: YouTube: https://www.youtube.com/@DrLLSmallBusiness Instagram: https://instagram.com/steerus LinkedIn: https://www.linkedin.com/company/steerus Twitter: https://x.com/steerus_io   #entrepreneurship #smallbusiness #podcast #businessgrowth

    The Founder Trap: Why Your Business Isn't Growing Even When You're Working Harder with Charles Gaudet

  7. Aug 28

    How to Plan Your Business Exit When Your Kids Don't Want to Take Over with John Abrams

    S6:E74 What happens to your business when you aren't there anymore? For millions of founders, where more than half of all small businesses in the USA today are owned and operated by people over 50, that question is moving from theoretical to urgent. John Abrams says many owners assume they'll eventually pass the company to their children, sell it to an outside buyer or perhaps accept an offer from private equity. But there's another possibility: The people who helped build the business can own its future. Queue up this episode of Small Business Stories for a thoughtful conversation with John Abrams, founder of South Mountain Company and author of From Founder to Future, about employee ownership, founder succession, trust and building a company capable of surviving its creator. John's own succession wasn't improvised. South Mountain became employee-owned decades before John eventually stepped away from leadership in 2022. He describes years of intentional leadership development, difficult conversations and even a failed six-month sabbatical that exposed just how unprepared the organization initially was to function without him. If people don't trust the organization without its founder, the succession isn't complete. And John's story offers a larger leadership lesson: the ultimate evidence that you've built an enduring organization may be what happens when you finally stop running it. 👤 Guest John Abrams Co-founder, Abrams + Angell Founder and former CEO, South Mountain Company Author, From Founder to Future: A Business Roadmap to Impact, Longevity, and Employee Ownership ⚠️ Core Problems Aging founders without succession plans Children who don't want to inherit the family business Selling companies without considering what happens afterward Founder dependence Transferring ownership without building an ownership culture Leaders shielding employees from problems instead of involving them 🥡 Practical Takeaways Employee ownership can preserve jobs, institutional knowledge and the mission of a company. Ownership changes behavior—but ownership culture takes time to develop. Succession should begin years before the founder intends to leave. Organizational health depends partly on the willingness to discuss uncomfortable issues. Don't protect employees from every difficult reality; bring their "hearts and minds" into solving problems. Take a sabbatical before you think you're ready. The weaknesses it exposes are valuable information. Building something that continues without you isn't losing your legacy—it may be completing it. ⏱️ Timestamps 02:27 The massive small-business succession challenge 05:18 How John discovered employee ownership 09:27 Employees staying for 30-year careers 12:17 Letting go without losing the company's soul 16:19 What succession taught John about trust 17:09 The leadership mistake he learned after the 2008 crash 19:48 The sabbatical that failed spectacularly 🔖 Who This Episode Is For Founders, family-business owners, business advisors and leaders thinking seriously about ownership, succession and what they want their company to become after they leave. At STEERus, John's story connects to a pattern we see repeatedly: a founder can build tremendous personal credibility while leaving too little independent signal behind for the organization itself. If the business cannot be understood, trusted or operated without the founder, founder dependence eventually becomes misinterpretation risk. Subscribe and share Small Business Stories for candid conversations about building businesses that mean something and making decisions that help them endure. ✅ Subscribe for weekly conversations on entrepreneurship 🔁 Share this episode with someone who needs to be heard Follow STEERus on social media: YouTube: https://www.youtube.com/@DrLLSmallBusiness Instagram: https://instagram.com/steerus LinkedIn: https://www.linkedin.com/company/steerus Twitter: https://x.com/steerus_io   #leadership #entrepreneurship #smallbusiness #podcast

    How to Plan Your Business Exit When Your Kids Don't Want to Take Over with John Abrams

  8. Aug 27

    What to Do When Your Business Is in Financial Trouble with Jim Martin

    S6:E73 "If you were just here sooner." Jim Martin has never forgotten those words. They came from an employee of a 125-year-old company with approximately 1,800 employees that ultimately had to be liquidated. Jim had been brought in during the crisis. But by then, many of the options that might once have existed were gone. Queue up this episode of Small Business Stories for a candid conversation about what happens when businesses get into financial trouble and what owners can do before the situation becomes irreversible. Jim Martin, founder of ACM Capital Partners, has spent roughly 35 years restructuring companies, working through difficult financial situations and helping owners, investors and lenders find a path forward. His advice begins with something deceptively simple: Know where you are. Not where last month's financial statement says you were. Not where you hope you'll be. Where the business is now. If people don't trust the information coming from a business, every subsequent decision becomes harder. Jim explains why hiding information from lenders can actually make a distressed situation worse and why alignment among owners, management, employees and lenders becomes particularly important when the pressure rises. 👤 Guest Jim Martin Founder, ACM Capital Partners Turnaround management, restructuring and recapitalization ⚠️ Core Problems Cash-flow problems identified too late Financial statements that are already stale when owners receive them Avoiding difficult conversations with lenders Making fear-driven decisions during distress Hiring friends or family instead of the expertise required Weak financial controls creating additional risk 🥡 Practical Takeaways Cash is the first truth to understand in a distressed business. Build a rolling 13-week cash-flow forecast. Create a weekly "flash report" around the few indicators that actually tell you how the business is performing. Compare trends rather than looking at numbers in isolation. Talk to lenders before the situation deteriorates further. When asking for concessions, bring a credible recovery plan. Put financial controls in place before you desperately need them. Seek experienced outside help early. ⏱️ Timestamps 03:59 The turnaround that preserved approximately 900 jobs 08:08 From $110 million exit to serious financial trouble 15:35 Why distressed companies shouldn't hide from lenders 18:47 Cash-flow forecasting and spotting trouble 22:22 "I don't care if you're doing it on a napkin" 27:50 The $1 million internal-control disaster 32:58 The cost of asking for help too late 🔖 Who This Episode Is For Business owners facing cash pressure, declining sales, growing debt or difficult lender conversations and leaders who want to recognize those conditions before they become a crisis. At STEERus, Jim's stories expose another dimension of misinterpretation risk: bad decisions often begin when the picture we're using to understand a business no longer reflects reality. Misinterpretation isn't always external. Sometimes the first person who needs a clearer signal is the owner making the decisions. Subscribe and share Small Business Stories for grounded lessons from people who have lived through the situations most business books merely describe.   ✅ Subscribe for weekly conversations on entrepreneurship 🔁 Share this episode with someone who needs to be heard Follow STEERus on social media: YouTube: https://www.youtube.com/@DrLLSmallBusiness Instagram: https://instagram.com/steerus LinkedIn: https://www.linkedin.com/company/steerus Twitter: https://x.com/steerus_io   #entrepreneurship #smallbusiness #podcast #finance #cashflow

    What to Do When Your Business Is in Financial Trouble with Jim Martin
See All (200)

4.8
out of 5
20 Ratings

About

Welcome to Small Business Stories, the podcast where we celebrate the real-life journeys of small business owners. We dig into inspiring tales of triumphs, challenges, and the tough lessons we learned along the way. Each episode is packed with relatable anecdotes and practical tips that you can use to fuel your own entrepreneurial dreams. Whether you're just starting out or looking to grow your business, you'll find motivation and insight in every story. Tune in and get ready to be inspired by the heart and hustle of small business owners just like you! We say it like it is - no filters. Being an SMB owner isn't easy, but we're compelled to do it.

Information

  • Creator
    Loralyn Mears, PhD
  • Years Active
    2019 - 2026
  • Episodes
    200
  • Rating
    Clean
  • Copyright
    © (C) STEERus 2026
  • Show Website
    Small Business Stories

You Might Also Like