433 episodes
Business Brain – The Entrepreneurs’ Podcast Shannon Jean & Dave Hamilton
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- Business
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4.9 • 31 Ratings
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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!
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The Importance of Business Ethics
What happens when a business decides to hide the truth from its bank? Is it just unethical or could it also be illegal? Join us today for Business Brain episode 435 to hear this crazy story, and then you decide by contacting us.
00:00:00 Business Brain – The Entrepreneurs’ Podcast #435 for Wednesday, March 29th, 2023
00:01:47 Fudging The Numbers…With Your Bank!
00:04:17 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.
00:06:20 Holy Ethical Gymnastics, Batman!
How would the bankers feel?
How would your employees feel?
00:14:38 BB 435 Outtro
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This AI-generated article may provide additional resources for you regarding the business ethics topic discussed on this episode of Business Brain.
The Importance of Business Ethics for Small Businesses
Small businesses play a crucial role in the economy of any country. They generate employment, foster innovation, and contribute to the growth of the economy.
However, running a small business can be challenging, especially when it comes to competing with larger companies. In such a competitive environment, maintaining a reputation for ethical behavior can be the key to success.
Business ethics refers to the moral principles that govern the behavior of individuals and organizations in the business world. It involves making decisions that are fair, honest, and transparent. Ethical behavior in business is not only the right thing to do, but it can also be beneficial to small businesses in the long run.
The importance of business ethics for small businesses cannot be overstated.
Here are some reasons why:
Building Trust with Customers and Clients
Small businesses often rely on word-of-mouth recommendations and repeat business to stay afloat. Building trust with customers and clients is essential to maintaining a loyal customer base. By conducting business ethically, small businesses can create a positive reputation that will attract more customers and clients.
Attracting and Retaining Talented Employees
Small businesses often struggle to compete with larger companies when it comes to attracting talented employees. However, by maintaining a reputation for ethical behavior, small businesses can attract employees who share their values. Additionally, employees are more likely to stay with a company that is committed to ethical behavior.
Avoiding Legal and Financial Consequences
Small businesses are not immune to legal and financial consequences of unethical behavior. Violations of labor laws, environmental regulations, and other laws can result in fines and legal fees that can be crippling to a small business. By following ethical practices, small businesses can avoid costly legal and financial consequences.
Contributing to a Better Society
Small businesses are an integral part of their communities. By conducting business ethically, small businesses can contribute to a better society. For example, small businesses that engage in environmentally friendly practices can help to reduce pollution and promote sustainable living.
Long-Term Success
Small businesses that prioritize ethical behavior are more likely to succeed in the long run. -
Working While Traveling and Receivables Best Practices
Join us this week as we discuss being productive while traveling as Dave wraps up a 12-day work trip. Then it’s on to a listener question about collecting those pesky late invoices.
00:00:00 Business Brain – The Entrepreneurs’ Podcast #434 for Friday, March 24th, 2023
00:01:15 Working on a travel schedule creates more efficient work habits
Set a Timer!
Create times to shift gears.
Quartet
00:08:12 SPONSOR: Thinkific Plus is a powerful training platform that lets you create materials to educate your customers so they stay being customers. Get one month of Thinkific Plus FREE at Thinkific.com/BusinessBrain today.
00:10:05 Robert-What are your favorite tips and tricks for collections?
Timely Invoices
Polite Persistence, reminders
Dave’s Magic Phrase (listen to hear it!)
Contact one of their employees
00:16:19 BB 434 Outtro
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Hiring and Firing Protected Classes
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
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The Cash Flow Episode
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
feedback@businessbrain.show
If your email is featured in an episode, you’re entered to win a MacBook Air in 2023 -
The Reality of the Metaverse and the Impact of Bank Failures
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
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If your email is featured in an episode, you’re entered to win a MacBook Air in 2023 -
MS Teams, Actions for Success and Sales Quotas
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
feedback@businessbrain.show
If your email is featured in an episode, you’re entered to win a MacBook Air in 2023
Customer Reviews
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!
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