When your company is still in its early days and you really can't compete with the same kind of benefits that the bigger players can offer, I believe in growing talent. And a lot of small businesses and new businesses are very fearful of mistakes. One thing laur and i've always been we want you to be bold and ennovative; if it doesn't work, ok, let's figure out why it didn't work. But if you are afraid to ire new or young or inexperienced because you're afraid of mistakes, then you are going,. You're going to stagnate your business. When you grow your talent, it is loyal, it is resilient, at iis forgiving.
Thinking about starting a small business? Or looking to expand a business you’ve already launched? Entrepreneurs Stacey Abrams and Lara Hodgson were blindsided by the cash-flow problems and other systemic issues they ran into when trying to scale a new but popular product. They don’t want you to be.
Stacey and Lara share hard-won lessons from starting and running three companies together: first a consultancy, then a manufacturer, and finally a fintech. They reflect on what made their long-term partnership work well and how they manage self-doubt and guilt. They also share tips for networking, hiring and retaining employees, learning the ins and outs of finance, and developing an exit strategy.
Guest experts:
Stacey Abrams is an entrepreneur, politician, and author. She co-wrote Level Up: Rise Above the Hidden Forces Holding Your Business Back.
Lara Hodgson is the co-founder, president, and CEO of Now, as well as the co-author of Level Up: Rise Above the Hidden Forces Holding Your Business Back.
Resources:
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