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!
How to Finance Anything – AKA How to Fund Your Business
It takes money to make money, right? Whether you are just getting started or you have been in business for years, you are going to need access to capital for your business.
So what resources are there for new and established businesses? Should you go the traditional route of a local bank or use some new online financing source? And what about your credit cards and other non-traditional ways to raise money?
Let’s jump into the deep end today and figure out how to get you the money you need to thrive and survive good times and bad.
00:00:00 Small Business Show #386 for Wednesday, June 29, 2022
00:01:38 The ROI of a College Education
10:38 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!
12:31 SPONSOR: iTrust Capital. Invest in Crypto using your IRA. No Monthly Fees and only 1% Transaction fees. Over 25+ Cryptocurrencies available, including Bitcoin, of course. Visit iTrust.Capital/SBS to get started today!
00:13:57 How To Fund Your Business
Use Credit Cards
AmEx Plum Card
Daily Credit Card Skim
00:44:50 SBS 386 Outtro
Why YOU Should NOT Start a Business
For 7 years we have been encouraging you to start a Small Business. Along the way, we have shared countless stories of success and provided you with tons of resources to help run your business.
For this episode, we thought it would be a good time to discuss the reasons why YOU still haven’t started a business. Maybe there are very good reasons that you have kept on the sidelines – let’s discuss those and see where it leads.
00:00:00 Small Business Show #385 for Wednesday, June 22, 2022
00:02:12 Mac Geek Gab: You’re going to love learning more about your technology with your two new favorite geeks over at Mac Geek Gab. Get your questions answered and have some fun along the way!
00:08:29 SPONSOR: RateTracker, your credit card processing rate watchdog presented by Skysail Solutions, your trusted payments partner
00:10:54 Reasons Why YOU Should NOT Start a Business
Using Fear as a Compass
The Fear Confessional
You Don’t Have a Billion-Dollar Idea
Your immediate family (spouse, kids, etc) won’t support you
You lack confidence
If you can make $500 you can make $5,000…and $50,000
Your friends say it can’t be done
The Hardcore Closer says to find new friends
You don’t have time
Rich Dad, Poor Dad
Shannon’s 10-to-Midnight Story
How to fail at almost everything and still win big
00:36:20 SBS 385 Outtro
Surviving and Thriving During a Downturn
You might have noticed that the economy is a little crazy right now. Fuel prices are skyrocketing, the stock market is plummeting, and inflation is at the highest point in decades.
Has your Small Business been impacted by these factors? If not, will it be at some later date? Are there opportunities you can take advantage of if we roll into a recession? Join us today as we discuss how your Small Business can survive when things slow down and how by making changes and identifying new opportunities you can thrive and make your business stronger.
00:00:00 Small Business Show #384 for Wednesday, June 15, 2022
00:01:36 Superstition IS the way
00:03:52 Lance-Two Weeks Notice
00:14:30 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 taillorbrands.com/sbs.
00:16:00 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!
00:17:43 Surviving and Thriving During a Downturn
Small Business Show – How to Cut Costs while Preserving Value
Have 30-days each year where your line of credit is completely paid
The AmEx Plum Card for Business
Build a Warchest
Manage your A/R
Train Your Employees
Be Smart with Your Marketing Budget
“Be fearful when others are greedy, and greedy when others are fearful.” – Warren Buffet
00:40:09 Lightning Round!
Less demand means prices come down!
Labor market will loosen up
00:46:21 SBS 384 Outtro
Customer Service is Key!
Cutting Costs While Preserving Value
The future is uncertain. Are we headed for a recession as the Fed works to tame inflation by increasing interest rates? Will fuel prices come down or are they headed for double digits?
To prepare for the worst, it’s time to look at your Small Business costs to find places where you can save money while preserving the value you add to your customers. Join your hosts Shannon Jean and Dave Hamilton today as they discuss tips and tricks to lower your expenses in ways that your customers won’t notice.
00:00:00 Small Business Show #383 for Wednesday, June 8, 2022
00:01:24 Traveling the world
00:02:21 Should everything have an expiration date?
00:12:52 SPONSOR: iTrust Capital. Invest in Crypto using your IRA. No Monthly Fees and only 1% Transaction fees. Over 25+ Cryptocurrencies available, including Bitcoin, of course. Visit iTrust.Capital/SBS to get started today!
00:14:20 SPONSOR: Bambee – Let Bambee help with your dedicated HR Manager! Go to Bambee.com/SMALL right now to schedule your free trial!
00:16:00 How to Cut Costs while Preserving Value
Have a “trim 10%” rule in place…and ask everyone to look at things that way.
Kill off your bank fees
00:43:16 Lightning Round
Don’t Buy New!
Ask for early payment discounts
Be transparent with vendors, customers, and employees
00:45:57 SBS 383 Outtro
Managing Employee Mistakes - Carrot or Stick?
Everyone screws up. How can you minimize mistakes while building confidence in your employees? How many times do you let someone mess up before you have to discipline or terminate them?
What are the best methods for creating conscientious employees that learn from their mistakes? Join your hosts Dave Hamilton and Shannon Jean to learn how they manage and react when things go wrong.
00:00:00 Small Business Show #382 for Wednesday, June 1, 2022
Plan B for Better
00:03:19 Scott-380–RichRelevance for Mailing Lists
00:09:24 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.
00:11:15 SPONSOR: RateTracker, your credit card processing rate watchdog presented by Skysail Solutions, your trusted payments partner
00:13:43 Discipline and Encouragement — Managing Employee Mistakes
Criticize in the Mirror, Praise in the Window
Create an Employee Manual
The Compliment Sandwich
The Two Tokens of Customer Service (and Managing Employees!)
Beware interpersonal issues
Are you an idiot or a jerk?
00:36:30 SBS 382 Outtro
Creative Methods to Recruit and Retain Employees
There’s a nationwide shortage of workers and attracting the best talent can be challenging. How do you make your Small Business stand out among other companies? Should you just compete on salary levels? What creative methods can you use to bring the best employees to your company?
Join Dave Hamilton and Shannon Jean as they discuss creative ways to attract employees to your Small Business.
00:00:00 Small Business Show #381 for Wednesday, May 25, 2022
Coaching The Kids
00:09:07 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!
00:10:41 Attracting Employees…Creatively!
The Great Resignation Reshuffle
“Remote” instead of “Virtual”
Lots of Two-Week Experiments
Selling Your Culture
Sell your culture, share your career paths
ABR: Always Be Recruiting
Make Recruitment Cards
00:42:20 One Word to Change Everything!
00:48:03 SBS 381 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!