Episode 37: Common Challenges Faced by Entrepreneurs and the importance of community

As business owners there are many common challenges we encounter, such as time management, financial planning, and the importance of having a clear vision and strategy. Working these out on our own can be lonely and quite frankly boring, with little fun.

Enter Ed Reid the MD of The Alternative Board, UK. This is a community aimed at alleviating the loneliness faced by SME owners and is in over 20 countries worldwide! Ed has wide-ranging knowledge from working with small businesses and supporting the owners, to helping them develop, grow, and stay sane.

Kirsty and Ed discuss the significance of accountability in business, the benefits of peer support, and the importance of planning for transitions. We also cover the significance of professionalizing a business and the various structures one can choose when starting a business. 

These are some of the topics we discussed

Common Challenges Faced by Business Owners

Professionalizing Your Business

Setting Up a Business: Key Considerations

The Power of an External Board

The Importance of Accountability in Business

Combating Loneliness and Business Growth

I invite you to grab a cuppa, join me on the pink seat, and tune in your ears.

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A Facilitator's Journey is the podcast that looks at how you run your business as a facilitator or trainer.

You started this work because you have a passion that you want to share with organisations. However, there is the small detail that you are now running a business and this requires a whole other set of skills and knowledge.

Join me, Kirsty Lewis, Founder of School of Facilitation, as I interview trainers and facilitators about how they manage their businesses. I will explore how people run their finances, price their work, scale up, scale down, decide to retire, market themselves, manage clients, and much much more.

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