ConversActions

Bill Mitchell

ConversActions cuts through the noise with conversations that lead to action. Hosted by Bill Mitchell, each episode brings you unique perspectives, practical advice, and strategies from business leaders that you can apply to your own life or business. With over 20 years of experience connecting companies to growth opportunities, Bill Mitchell brings a wealth of knowledge to the ConversActions podcast. His mission? To help you learn from the best and apply those lessons to your journey.

  1. MAR 19

    Building Strategic Financial Foundations for Small Business Success

    What's the difference between surviving and thriving as a small business owner? In this episode, Tina Lockwood, co-founder of Lockwood Enterprises, reveals how proper financial structure and strategic thinking can transform a new or struggling business into a profitable, scalable enterprise. From starting in their home office to establishing a brick-and-mortar presence after 15 years, Tina and her husband Doug have built a comprehensive accounting and business advisory firm that serves Wisconsin and Arizona. Their three-part approach – stabilize, strategize, and scale – has helped countless entrepreneurs move from "receipts in a paperclip" chaos to predictable profitability and compliance readiness. In this episode, we explore: (00:00) Opening thoughts on peace of mind versus profit in business (02:10) Tina's journey from home office to brick-and-mortar success (03:25) The three-part structure of Lockwood Enterprises (04:53) Scale Up Milwaukee program experience and networking benefits (06:11) The power of mentorship through SCORE (08:19) What business owners commonly overlook about their finances (09:39) The stabilize, strategize, and scale process (15:27) Success story: moving a client from crisis to profitability (18:13) What drives their passion for client empowerment (19:32) Leveraging AI in accounting and business advisory services (21:54) Key lessons learned: structure, compliance, and mindset shifts (25:27) Building a business for generational impact and legacy Resources Mentioned Scale Up Milwaukee: 10-week entrepreneurial development program SCORE: Mentorship program for small business owners SBA 504 loan program Lockwood Enterprises

    28 min

Ratings & Reviews

5
out of 5
4 Ratings

About

ConversActions cuts through the noise with conversations that lead to action. Hosted by Bill Mitchell, each episode brings you unique perspectives, practical advice, and strategies from business leaders that you can apply to your own life or business. With over 20 years of experience connecting companies to growth opportunities, Bill Mitchell brings a wealth of knowledge to the ConversActions podcast. His mission? To help you learn from the best and apply those lessons to your journey.