Two long-time small-business owners, Dave Hamilton and Shannon Jean, come to you each week to talk through the trials, success, pitfalls and tips it takes to successfully run a small business in today's world. Hear real-world folks talk about real-world problems, letting you know not only what it takes to get it done but that you're not alone in doing it!
Politics in Business and the Importance of Downtime
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
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
Reading (as an escape)
Prioritizing Downtime in Your Business
00:36:49 BB 392 Wrap-up
Interview with Gary Arndt of the Everything Everywhere 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
Business Brain is Born and Listener Questions – Business Brain 390
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
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
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
How to Handle Layoffs
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
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
Complete the paperwork ahead of time
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
Hiring Tips and When Layoffs Become a Reality, Part 1
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
“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
Developing Revenue Stacks
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
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
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
Really insightful questions
This podcast has some of the best and most insightful questions from the hosts that I’ve ever heard on a business podcast. So much great value from digging beneath the surface on business strategies! Love it! 100% recommend this show!
I truly love the show!
I’m in the process of starting a business and this podcast has been invaluable.Thank you Shannon and Jean for the wonderful insight, discussion, tips, and guests that are helping me in this new and exciting phase of my life. As you can tell by the title, I very much love the show!
Entertaining, insightful and actionable! 🙌
Whether you’re well established as a small business owner, or just getting started carving out a profitable niche that’s ready to grow - this is a must-listen podcast for you! Shannon and Dave do an incredible job leading conversations that cover a huge breadth of topics related to the ins and outs of building a thriving organization, and life you can be proud of - with leaders who’ve actually experienced success themselves. Highly recommend listening and subscribing!