Grow A Small Business Podcast Transform Your Wealth: Jenna Biancavilla from Pearl Capital Management Reveals Proven Strategies for Financial Success and How Personal Development Fuels Entrepreneurial Growth in Today's Competitive Landscape. (Episode 581 - Jenna Biancavilla)
In this episode of Grow a Small Business, host Troy Trewin interviews Jenna Biancavilla, from Pearl Capital Management, about her journey from starting solo to leading a team of 12 in wealth management. She emphasizes personal development, financial transparency, and job security through building reserves. A special takeaway: Jenna's top book recommendation is Atomic Habits, a guide to building effective systems. Why would you wait any longer to start living the lifestyle you signed up for? Balance your health, wealth, relationships and business growth. And focus your time and energy and make the most of this year. Let's get into it by clicking here. Troy delves into our guest's startup journey, their perception of success, industry reconsideration, and the pivotal stress point during business expansion. They discuss the joys of small business growth, vital entrepreneurial habits, and strategies for team building, encompassing wins, blunders, and invaluable advice. And a snapshot of the final five Grow A Small Business Questions:
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What do you think is the hardest thing in growing a small business? Jenna Biancavilla highlights that one of the hardest things in growing a small business is managing the emotional rollercoaster that comes with it. She emphasizes the need for resilience, as challenges and setbacks are inevitable. Additionally, she points out the importance of maintaining a focus on personal development and continually learning to navigate the complexities of entrepreneurship.
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What's your favourite business book that has helped you the most? Jenna Biancavilla's favorite business book is Atomic Habits by James Clear. She frequently recommends it for its emphasis on establishing small, effective habits and systems that can lead to significant improvements over time. Jenna appreciates how the book provides a solid foundation for developing good practices and avoiding overwhelm in business.
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Are there any great podcasts or online learning resources you'd recommend to help grow a small business? Jenna Biancavilla recommends the Advisor Success Podcast, which features industry-specific insights from others in the wealth management and financial planning space. She finds it valuable for learning from those who have faced similar challenges and sharing experiences. Additionally, she suggests The Perfect RA podcast, which offers trade secrets on how to enhance business practices and deliver more value to clients.
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What tool or resource would you recommend to grow a small business? Jenna Biancavilla emphasizes the importance of personal development as a key resource for growing a small business. She encourages entrepreneurs to drop their egos and adopt a mindset of being a constant learner. By recognizing that they don't know everything and being open to learning, business owners can cultivate the skills and insights necessary for growth.
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What advice would you give yourself on day one of starting out in business? On day one of starting out in business, Jenna Biancavilla would advise herself to acknowledge that "it's going to be hard, but it's worth it." This advice serves as a reminder that while the journey may be challenging, the effort and dedication put into building the business will ultimately lead to rewarding experiences and success.
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Quotable quotes from our special Grow A Small Business podcast guest: You have to drop your ego and learn; being a constant student is key to growth – Jenna Biancavilla
It's not just about the numbers; it's about creating a stable environment for your team – Jenna Biancavilla
In the face of challenges, remember: it's going to be hard, but it's worth it – Jenna Biancavilla