Koyoti Small Business Podcast

Koyoti

While Koyoti Inc. is a marketing and design studio here in Toronto, we’re going to try to go beyond our own comfort zone and talk about all elements that pertain to Small Businesses. From social media marketing to book keeping; and from sales to mental health. 

  1. Oct 5

    Yips, Pips, and Yaps - It's Just a Bag... Or Is It?

    Summary What started as a simple task to buy replacement plastic bags for a family business became an unexpected lesson in expertise, communication, and customer education. Thomas shares how his lack of industry knowledge made it difficult to compare suppliers and make an informed decision, and how that experience shaped his philosophy on marketing, consulting, and client relationships. The episode explores the importance of providing context rather than simply pushing solutions, and why helping customers understand their options builds trust and better decisions. Takeaways • Expertise does not automatically transfer between industries or disciplines.  • Customers can be intelligent and experienced while still being unfamiliar with your field.  • Comparing prices is not the same as comparing products.  • Industry jargon and assumptions can create unnecessary barriers for buyers.  • Good advisors help people understand their options rather than simply telling them what to do.  • Context is often more valuable than a sales pitch.  • Educating prospects builds trust and confidence in decision-making.  • Businesses should avoid assuming customers already understand industry terminology.  • Explaining trade-offs helps clients choose solutions that fit their goals and constraints.  • The best customer experience often comes from guiding rather than selling. Would love to hear from you! Drop us a line! Please help the humanitarian efforts regarding the current conflict in Ukraine. Please help by donating, or by spreading the word.For more information, please click here Building a small business community for small business. Sharing experiences, information, stories, and tips to help grow the community. New Episodes every Monday! For more information about Koyoti, please visit: www.koyoti.com Have questions or comments about what we're doing? Email us here!

    Yips, Pips, and Yaps - It's Just a Bag... Or Is It?
  2. Sep 28

    Resource Library - The Financial Literacy Gap Holding Entrepreneurs Back

    Summary Many small business owners are experts in their craft but struggle with the financial side of running a business. In this episode, Thomas Wu speaks with CPA, author, financial literacy educator, speaker, and podcast host Marci Grossman about the importance of financial literacy for entrepreneurs. They discuss common money mistakes, the value of seeking expert advice, the relationship between personal and business finances, why financial conversations matter, and how better financial habits can improve both business success and personal wellbeing. Takeaways • Being intelligent and independent can sometimes prevent business owners from seeking the financial advice they need. • Financial literacy is less about knowing all the answers and more about asking the right questions. • Separate business and personal finances as early as possible to simplify bookkeeping, taxes, and decision-making. • Many entrepreneurs underprice their services because they fail to account for their expertise and time. • Technology has changed accounting, allowing professionals to focus more on strategy and decision-making rather than data entry. • Financial conversations do not need to revolve around income or net worth to be valuable. • Treat your household like a business by setting goals and regularly reviewing financial progress. • Financial mistakes become more costly as expenses and financial commitments increase. • Business owners should review their financial performance throughout the year, not just at tax time. • Talking openly with trusted professionals about money can lead to better decisions and stronger financial outcomes. Want to learn more? Contact Marci Here: Website Email Instagram Would love to hear from you! Drop us a line! Please help the humanitarian efforts regarding the current conflict in Ukraine. Please help by donating, or by spreading the word.For more information, please click here Building a small business community for small business. Sharing experiences, information, stories, and tips to help grow the community. New Episodes every Monday! For more information about Koyoti, please visit: www.koyoti.com Have questions or comments about what we're doing? Email us here!

  3. Sep 21

    Yips, Pips, and Yaps - Winning Isn't Always Worth It in Business

    Summary When business disputes arise, many small business owners instinctively ask, "Can we sue?" In this episode, Thomas shares two real-world experiences involving contract disputes, one with an international joint venture partner and another with a problematic client. Both situations appeared to offer a strong legal case, yet both resulted in the same conclusion: pursuing legal action would have consumed more time, money, attention, and energy than it was worth. The episode explores the true purpose of contracts, the difference between being right and achieving a practical business outcome, and why protecting your most valuable resource, your attention, often matters more than winning an argument. Takeaways • Contracts are ultimately expectation-setting documents.  • A strong contract cannot turn a bad actor into a good one.  • Before pursuing legal action, ask whether the outcome is worth the cost.  • Management attention is often more valuable than the money at stake.  • Emotional reactions can cloud business decision-making.  • Always identify and document the true signing authority for approvals.  • Scope changes should be formally approved in writing.  • Trust remains essential, regardless of how detailed a contract may be.  • Opportunity costs should be considered alongside legal costs.  • Sometimes the smartest business decision is to walk away and focus on better opportunities. Would love to hear from you! Drop us a line! Please help the humanitarian efforts regarding the current conflict in Ukraine. Please help by donating, or by spreading the word.For more information, please click here Building a small business community for small business. Sharing experiences, information, stories, and tips to help grow the community. New Episodes every Monday! For more information about Koyoti, please visit: www.koyoti.com Have questions or comments about what we're doing? Email us here!

    Yips, Pips, and Yaps - Winning Isn't Always Worth It in Business
  4. Sep 14

    Small Business Spotlight - Surviving and Thriving Through Forty Years of Change

    Summary In this Small Business Spotlight episode, Thomas Wu sits down with Marian Bernard, a resume writer and entrepreneur with more than four decades of business experience. Marian shares her journey from growing up in a family of entrepreneurs, launching a secretarial business in 1985, and evolving into one of Canada's most experienced resume writers. Along the way, she discusses resilience, adapting to technological change, surviving personal challenges, building a reputation through customer service, and helping job seekers stand out in a competitive market. This episode is packed with practical insights on entrepreneurship, persistence, networking, client relationships, and long-term business success. TakeawaysBuild your business on reputation, ethics, and excellent customer service.Differentiate yourself by identifying and promoting what makes you unique.Respond quickly to customer inquiries and follow up consistently.Adapt to changing technology rather than resisting it.Use setbacks and rejection as motivation rather than reasons to quit.Have contingency plans in place for business disruptions and unexpected challenges.Continually invest in learning and professional development.Focus on results and client outcomes instead of simply listing services.Success often comes from persistence and consistency over long periods of time.Small business owners possess valuable skills that can be transferable to traditional employment.Want to learn more? Contact Marian here: Website Email Linkedin Phone Would love to hear from you! Drop us a line! Please help the humanitarian efforts regarding the current conflict in Ukraine. Please help by donating, or by spreading the word.For more information, please click here Building a small business community for small business. Sharing experiences, information, stories, and tips to help grow the community. New Episodes every Monday! For more information about Koyoti, please visit: www.koyoti.com Have questions or comments about what we're doing? Email us here!

    Small Business Spotlight - Surviving and Thriving Through Forty Years of Change
  5. Sep 1

    Conquering Brand Beasts - Lessons of The Customer-Led Innovation from LEGO

    Summary LEGO is far more than a toy company. Its success comes from staying true to a simple product while continuously finding new ways to engage its community. Thomas and Jonathan explore how LEGO built a multi-generational brand, recovered from near-bankruptcy by refocusing on its core purpose, and created powerful customer engagement initiatives like LEGO Ideas. The discussion also highlights how businesses of any size can strengthen their brands by listening to customers, fostering community, and creating opportunities for people to participate rather than simply consume. Takeaways Great brands remain focused on their core purpose, even as markets evolve.LEGO's brick system has remained compatible across generations, creating lasting customer loyalty.Creativity and imagination are central to LEGO's brand identity and customer experience.Community engagement can become a powerful source of product innovation.LEGO Ideas allows fans to contribute concepts and potentially earn royalties from successful products.Businesses grow stronger when they create spaces for customers to connect and participate.Listening to customers is important, but feedback should be filtered through a clear brand strategy.Content creation has become a critical part of modern brand building.Customer advocacy is often more valuable than traditional advertising.Small businesses can build community through events, challenges, and shared experiences.Would love to hear from you! Drop us a line! Please help the humanitarian efforts regarding the current conflict in Ukraine. Please help by donating, or by spreading the word.For more information, please click here Building a small business community for small business. Sharing experiences, information, stories, and tips to help grow the community. New Episodes every Monday! For more information about Koyoti, please visit: www.koyoti.com Have questions or comments about what we're doing? Email us here!

    Conquering Brand Beasts - Lessons of The Customer-Led Innovation from LEGO
  6. Aug 31

    Resource Library - Leadership, Aloha, and the Art of Better Decisions

    Summary In this thoughtful conversation, Louie Larimer shares lessons from a lifetime spent as a lawyer, CEO, consultant, educator, and author. He reflects on the difficult decision to leave a successful legal career in pursuit of more meaningful work aligned with his values and spirit. Louie explores leadership, wisdom, entrepreneurship, adaptability, and the Hawaiian concept of Aloha as a framework for making better decisions. The discussion offers practical guidance for small business owners seeking balance, humility, and long-term success. TakeawaysMajor life and business decisions often emerge from years of reflection, not sudden inspiration.Success becomes more meaningful when work aligns with your values and personal calling.Great leaders manage the collision of ideas while preserving respect and dignity.Humility is one of the most important traits for entrepreneurs and business owners.Understanding why you are in business is foundational to long-term success.A clear vision helps guide decisions and maintain focus during uncertainty.Strong business strategy requires intentional planning rather than constant reaction.Corporate culture shapes how people feel about their work and their contribution.Businesses must continually adapt to changing markets, technology, and customer expectations.Wisdom comes from thoughtful discernment and applying knowledge for the betterment of yourself and others.Want to learn more? Contact Louie here: Website Email YouTube Would love to hear from you! Drop us a line! Please help the humanitarian efforts regarding the current conflict in Ukraine. Please help by donating, or by spreading the word.For more information, please click here Building a small business community for small business. Sharing experiences, information, stories, and tips to help grow the community. New Episodes every Monday! For more information about Koyoti, please visit: www.koyoti.com Have questions or comments about what we're doing? Email us here!

  7. Aug 24

    Small Business Spotlight: The Weird Canadian, AI Optimism, and Building the Future

    Summary In this Small Business Spotlight episode, Thomas Wu sits down with Cody Johnston, better known as The Weird Canadian. Cody shares his journey from feeling like an outsider growing up in Ontario to building a life centred around entrepreneurship, technology, creativity, and community. The conversation explores finding your tribe, leaving a secure career to pursue a more meaningful path, the opportunities and challenges of AI, and why small business owners may be uniquely positioned to shape the future. Takeaways Being different can become a competitive advantage when you embrace your authentic self.Career stability does not always equal fulfilment or happiness.Small business owners often discover their purpose through serving others and solving problems.AI is creating new opportunities for entrepreneurs to learn, build, and compete.Curiosity and the ability to ask good questions are becoming valuable business skills.Technology should be treated as a tool to support human decision-making, not replace it.Building a successful business often starts with identifying overlooked opportunities.Transparency and authenticity help build trust with customers and communities.Healthy competition leads to better products, services, and innovation.There has never been a better time for entrepreneurs to take action and create something new.Want to learn more? Contact Cody here: Website Email The Weird Canadian Podcast Would love to hear from you! Drop us a line! Please help the humanitarian efforts regarding the current conflict in Ukraine. Please help by donating, or by spreading the word.For more information, please click here Building a small business community for small business. Sharing experiences, information, stories, and tips to help grow the community. New Episodes every Monday! For more information about Koyoti, please visit: www.koyoti.com Have questions or comments about what we're doing? Email us here!

    Small Business Spotlight: The Weird Canadian, AI Optimism, and Building the Future
  8. Aug 17

    Resource Library - Law, Tax & Finance: The Trio Every Business Owner Needs

    Summary Thomas sits down with attorney and financial advisor Matt Meredith to explore the legal blind spots small business owners face. Matt shares his unconventional path—from pre‑med to advertising to Wall Street trading to wealth management and finally law—and explains how those experiences shaped his holistic, “consigliere‑style” approach to advising entrepreneurs. The conversation covers LLC misconceptions, asset protection, tax strategy, succession planning, and why siloed professionals (lawyers, CPAs, advisors) often fail their clients when they don’t communicate. Matt outlines what small business owners should do from day one, how to scale their structure as they grow, and why asking for help early prevents catastrophic mistakes later. Takeaways Many small business owners wait too long to involve a lawyer; protection matters most when the business starts succeeding.Matt’s career path taught him that finance, tax, and law are inseparable for proper business planning.The biggest industry flaw: lawyers, CPAs, and advisors rarely talk to each other, leaving the client to relay complex information.LLCs are misunderstood—forming one isn’t enough; you must treat it like a real company with structure, agreements, and formalities.Commingling funds (e.g., vacations on the company dime) is a major liability and can pierce corporate protection.Asset protection often requires separating operations from inventory, equipment, and IP into different entities.A good advisor should understand taxes, estate planning, and business structure—not just investments.Succession planning is essential; without wills, trusts, and powers of attorney, a business can collapse if the owner becomes incapacitated.Small business owners should meet key advisors twice a year to ensure alignment and updated structures.Start small, keep things formal, and don’t be afraid to ask for help—neglecting structure is how thriving businesses get destroyed.Want to learn more? Contact Matt here: Email Website Phone LinkedIn Instagram YouTube Facebook Guest Bio: Matt Meredith, Esq., CFP®, is the founder of Meridian Legal Advisors, a next-generation law firm focused on estate planning, tax strategy, and asset protection. As both an attorney and a Certified Financial Planner™ practitioner with more than 20 years of experience in the financial services industry, he integrates legal, tax, and investment expertise to create strategies that work in practice, not just on paper. Before founding Meridian, Matt led his own practice, guiding clients through estate planning, probate, tax, and trust administration. He previously held leadership roles at J.P. Morgan Securities and Capital One Investing, and today continues to advise clients on integrated-financial strategies through his affiliation with LPL Financial. Through Meridian, Matt delivers a one-stop solution by uniting legal, tax, and financial disciplines under one roof. He helps families, entrepreneurs, and professionals protect their assets, minimize taxes, and preserve wealth for future generations. Would love to hear from you! Drop us a line! Please help the humanitarian efforts regarding the current conflict in Ukraine. Please help by donating, or by spreading the word.For more information, please click here Building a small business community for small business. Sharing experiences, information, stories, and tips to help grow the community. New Episodes every Monday! For more information about Koyoti, please visit: www.koyoti.com Have questions or comments about what we're doing? Email us here!

About

While Koyoti Inc. is a marketing and design studio here in Toronto, we’re going to try to go beyond our own comfort zone and talk about all elements that pertain to Small Businesses. From social media marketing to book keeping; and from sales to mental health.