Business Brain – The Entrepreneurs’ Podcast

How well do you know your ABDs? On this episode of Business Brain, your hosts, Dave Hamilton and Shannon Jean, dive into a discussion about the power of Always Be Different. First, it’s a case study of how AriZona Iced Tea keeps its 99-cent price point during inflation and how it differentiated itself to get into the beverage industry. Then it’s on to a breakdown of why David Morris believes that Being Different is Better than Being Better in the sales game. Join us while we fine-tune our Business Brains! 00:00:00 Business Brain – The Entrepreneurs’ Podcast #466 for Friday, July 14th, 2023 00:01:47 Always Be Different (The AriZona Iced Tea Story) The Whistle, The Workhorse, and The Whale 00:07:19 SPONSOR: Pearl Diver. Do you wonder who is visiting your website? Pearl Diver is a cutting-edge platform that provides in-depth visitor identification, enabling you to uncover valuable insights about your website visitors. 00:08:39 SPONSOR: Zinch. A direct lender that makes financing fast, simple, and built around your needs. Zinch is waiving their $250 application fee for BB listeners when you sign up at FinancingThatWorks.com 00:10:07 Being Different is Better than Being Better Separate Work from Worth Treat Prospects Like People Seek First To Understand Be Honest, Even If It Costs You Take “No” For An Answer Speak About Competitors With Honor Do What You Say You Will Do (WHEN YOU SAY YOU WILL DO IT!) Underpromise and Over Deliver (Scottie!) Always Be Following Up (Scott Jordan) 00:24:20 BB466 Outtro feedback@businessbrain.show Dave on Mastodon: @DaveHamilton@PodcastIndex.Social Dave on Bluesky: DaveHamilton.com If your email is featured in an episode, you’re entered to win a MacBook Air in 2023 The post Time to learn Your ABDs – Business Brain 466 appeared first on Business Brain - The Entrepreneurs' Podcast.

What happened to downtime? When should you leave your phone behind, and what is all the hoopla around No Phone Friday? Listen to this episode to hear our thoughts on unplugging and how it can change your life. Then, we jump into a listener question about when to consider changing your business model. Join us as we fine-tune our Business Brains! 00:00:00 Business Brain – The Entrepreneurs’ Podcast #465 for Wednesday, July 12th, 2023 00:00:30 Leave Room for Urinal Inspiration No Phone Friday 00:07:29 SPONSOR: Pearl Diver. Do you wonder who is visiting your website? Pearl Diver is a cutting-edge platform that provides in-depth visitor identification, enabling you to uncover valuable insights about your website visitors. 00:08:48 SPONSOR: Zinch. A direct lender that makes financing fast, simple, and built around your needs. Zinch is waiving their $250 application fee for BB listeners when you sign up at FinancingThatWorks.com 00:10:15 PODCAST: 7 Good Minutes brings nuggets of wisdom, inspiration, and practical advice. It’s like having a morning coffee with a friend who knows just what to say to kickstart your day. 00:11:23 Robert-When Do I Make a Change to my Business? 00:17:02 Figure out where you’re going 00:20:27 BB465 Outtro feedback@businessbrain.show Dave on Mastodon: @DaveHamilton@PodcastIndex.Social Dave on Bluesky: DaveHamilton.com If your email is featured in an episode, you’re entered to win a MacBook Air in 2023 The post When to Change Your Business Model – Business Brain 465 appeared first on Business Brain - The Entrepreneurs' Podcast.

Join us this week for episode 464 of Business Brain! We discuss the importance of training yourself, your customers, and your employees to battle Labor Perception Bias when getting paid for your work. Then we jump into why a Positive Outlook is a Force Multiplier for Success. Listen to your Business Brain with hosts Dave Hamilton and Shannon Jean. 00:00:00 Business Brain – The Entrepreneurs’ Podcast #464 for Friday, July 7th, 2023 00:01:11 Managing Your Own Labor Perception Bias 00:07:52 SPONSOR: Zinch. A direct lender that makes financing fast, simple, and built around your needs. Zinch is waiving their $250 application fee for BB listeners when you sign up at FinancingThatWorks.com 00:09:38 SPONSOR: Notion Projects combines project management with your docs, knowledge base, and AI. You can try it for free today at Notion.com/businessbrain. 00:11:03 Don’t be Eeyore with your Customers! A Positive Outlook is a Force-Multiplier for Success Two Tokens of Customer Service 00:19:10 BB 464 Outtro feedback@businessbrain.show Dave on Mastodon: @DaveHamilton@PodcastIndex.Social Dave on Bluesky: DaveHamilton.com If your email is featured in an episode, you’re entered to win a MacBook Air in 2023 The post Labor Perception Bias and an Eeyore Outlook – Business Brain 464 appeared first on Business Brain - The Entrepreneurs' Podcast.

In this episode of Business Brain, we discuss the importance of dedicated “play time” for exploration and research. We address a listener’s question about lightweight CRM tools and recommend options like FileMaker, monday.com, and Salesforce. We introduce Notion as a sponsor and highlight their new feature, Notion Projects. We express concerns about the rate limit on Twitter and discuss the lack of effective communication from the platform. In conclusion, we emphasize the importance of proactive communication and encourage feedback from listeners. 00:00:00 Business Brain – The Entrepreneurs’ Podcast #463 for Wednesday, July 5th, 2023 00:01:00 No Output required 00:04:39 Patrick-What is a good lightweight CRM tool? Claris FileMaker Monday.com Salesforce 00:10:51 SPONSOR: Zinch. A direct lender that makes financing fast, simple, and built around your needs. Zinch is waiving their $250 application fee for BB listeners when you sign up at FinancingThatWorks.com 00:12:37 SPONSOR: Notion Projects combines project management with your docs, knowledge base, and AI. You can try it for free today at Notion.com/businessbrain. 00:14:01 What’s Up With Twitter’s Rate Limit? Parkinson’s Law 00:24:23 BB 463 Outtro feedback@businessbrain.show Dave on Mastodon: @DaveHamilton@PodcastIndex.Social Dave on Bluesky: DaveHamilton.com If your email is featured in an episode, you’re entered to win a MacBook Air in 2023 The post Small Business CRM + Parkinson’s Law – Business Brain 463 appeared first on Business Brain - The Entrepreneurs' Podcast.

Should you be using ChatGPT to help with business legal issues? Join us for episode 462 of Business Brain to discuss AI legal advice’s pros and cons and learn about a law firm offering to review AI suggestions. Then it’s on to a very important question after you close a deal: What didn’t you tell us? 00:00:00 Business Brain – The Entrepreneurs’ Podcast #462 for Friday, June 30th, 2023 00:01:35 Legal Firm Launches Service for Small Business Owners Tempted by AI Law 4 Small Business 00:07:03 SPONSOR: Miro is your team’s visual platform to connect, collaborate, and create — together. Your first 3 Miro boards are free forever when you sign up at Miro.com/podcast. 00:08:36 SPONSOR: Factor, America’s #1 Ready-To-Eat Meal Kit, can help you fuel up fast with ready-to-eat meals delivered straight to your door. Head to FACTORMEALS.com/brain50 and use code brain50 to get 50% off your first box. 00:10:04 David-444-Negotiating As a Nice Guy…Works! 460 00:12:23 What didn’t you tell us? 00:18:46 BB 462 Outtro feedback@businessbrain.show If your email is featured in an episode, you’re entered to win a MacBook Air in 2023 The post AI Lawyers + What Didn’t You Tell Us? Business Brain 462 appeared first on Business Brain - The Entrepreneurs' Podcast.

Everyone has a story about a contractor not billing them for work completed. Why does this happen, and what steps can you take to avoid this issue? Listen in to Business Brain for a discussion on billing and getting paid, followed by a revisit to our famous Customer Service Maxim and why so many companies fail at it. 00:00:00 Business Brain – The Entrepreneurs’ Podcast #461 for Wednesday, June 28th, 2023 00:01:19 Contractors Remember to Bill Clients (Dave’s electrician still hasn’t!) Imposter Syndrome 00:05:38 SPONSOR: Miro is your team’s visual platform to connect, collaborate, and create — together. Your first 3 Miro boards are free forever when you sign up at Miro.com/podcast. 00:07:11 SPONSOR: Factor, America’s #1 Ready-To-Eat Meal Kit, can help you fuel up fast with ready-to-eat meals delivered straight to your door. Head to FACTORMEALS.com/brain50 and use code brain50 to get 50% off your first box. 00:08:39 PODCAST: Superwomen. Rebecca Minkoff dives into the secrets behind some of the most successful women in the world, from CEOs and founders to artists and designers. 00:09:17 Contractors Remember our Customer Service Maxim (Dave’s plumber: “You have two other showers in your house”) 00:17:06 BB 461 Outtro feedback@businessbrain.show If your email is featured in an episode, you’re entered to win a MacBook Air in 2023 The post Getting Paid + Our Customer Service Maxim – Business Brain 461 appeared first on Business Brain - The Entrepreneurs' Podcast.

Being in control of your time is the ultimate flex! Join us for episode 460 of Business Brain as we tune our minds into the concept of flexible time being a huge superpower for us all to strive for. Then we jump into the concept of Balanced Comparison, where looking backward is just as important as looking forward. Listen in and tune your Business Brain with your hosts Dave Hamilton and Shannon Jean. 00:00:00 Business Brain – The Entrepreneurs’ Podcast #460 for Friday, June 23rd, 2023 00:01:11 Flexing About Time Flexing 00:04:45 SPONSOR: Notion Projects combines project management with your docs, knowledge base, and AI. You can try it for free today at Notion.com/businessbrain. 00:06:19 SPONSOR: Checkr. Get fast, comprehensive background checks so you can hire with confidence. Visit Checkr.com/BusinessBrain to save $40 off your first background check. 00:07:49 The Value of Balanced Comparison Manage Your To Did List 00:12:58 BB 460 Outtro feedback@businessbrain.show If your email is featured in an episode, you’re entered to win a MacBook Air in 2023 TRAILER: Business Brain 99 – Some of our favorite interviews The post Time Flexing and Balanced Comparison – Business Brain 460 appeared first on Business Brain - The Entrepreneurs' Podcast.

Join us today for an important episode of Business Brain, where we dive into a series of Tweets by Naval Ravikant. Learn how to exponentially impact your ability to find success and build wealth with these tips. It’s a great episode to learn how to Tune our Business Brains! 00:00:00 Business Brain – The Entrepreneurs’ Podcast #459 for Wednesday, June 21st, 2023 00:01:23 Naval-How to Get Rich without getting lucky Seek wealth! Time Billionaire Build “Specific Knowledge” 00:07:35 SPONSOR: Notion Projects combines project management with your docs, knowledge base, and AI. You can try it for free today at Notion.com/businessbrain. 00:09:10 SPONSOR: Checkr. Get fast, comprehensive background checks so you can hire with confidence. Visit Checkr.com/BusinessBrain to save $40 off your first background check. 00:10:40 Avoid playing Status Games Use Robots 00:18:19 BB 459 Outtro feedback@businessbrain.show If your email is featured in an episode, you’re entered to win a MacBook Air in 2023 The post How to Get Rich Without Getting Lucky – Business Brain 459 appeared first on Business Brain - The Entrepreneurs' Podcast.

Join us for episode 458 of Business Brain as we discuss one of the greatest unrealized methods to improve your life and build wealth. Learn why a simple side hustle or a multi-million dollar business can take advantage of tax benefits to help you enrich your world. Don’t miss these tips; share your own by contacting us! 00:00:00 Business Brain – The Entrepreneurs’ Podcast #458 for Friday, June 16th, 2023 00:01:10 Everything I Do Is Tax-Deductible! Tax Credit Guy – Owning a Small Business Is The Best Tax Deal in America 00:08:40 SPONSOR: Factor, America’s #1 Ready-To-Eat Meal Kit, can help you fuel up fast with ready-to-eat meals delivered straight to your door. Head to FACTORMEALS.com/brain50 and use code brain50 to get 50% off your first box. 00:10:09 SPONSOR: Checkr. Get fast, comprehensive background checks so you can hire with confidence. Visit Checkr.com/BusinessBrain to save $40 off your first background check. 00:11:33 Fury-Danny Elfman Doesn’t Take “No” For an Answer, Even From Himself Beck’s Loser “You Don’t Have Much Time” Quartet Glass Board 00:19:13 BB 458 Outtro feedback@businessbrain.show If your email is featured in an episode, you’re entered to win a MacBook Air in 2023 This AI-generated Business Brain article can provide more background and resources related to this topic. Maximizing Business Tax Deductions and Write-Offs: Building Wealth for Your Small Business in the Pre-Tax Life Introduction: In the world of small business, understanding the importance of tax deductions and write-offs can significantly impact your bottom line and help you build wealth. By strategically leveraging these tax benefits, you can optimize your business expenses, minimize your taxable income, and pave the way for financial success. In this article, we explore the significance of business tax deductions and write-offs in the context of the pre-tax life, where smart financial decisions lead to long-term prosperity. Unlocking the Power of Business Tax Deductions: Business tax deductions are valuable tools that allow you to reduce your taxable income by subtracting eligible business expenses. They provide a means to decrease your overall tax liability, putting more money back into your pocket to reinvest in your business or allocate towards personal financial goals. For example, deducting expenses such as office rent, utilities, employee salaries, marketing costs, and business travel can significantly lower your taxable income. This reduction in taxable income translates to paying less in taxes and having more funds available to fuel growth, savings, or investments in the pre-tax life. Further reading: – “Understanding Business Tax Deductions” – Small Business Administration: https://www.sba.gov/business-guide/manage-your-business/pay-taxes#section-header-4 Leveraging Write-Offs for Long-Term Wealth Building: Business tax write-offs allow you to depreciate the value of certain assets over time, reducing your taxable income and generating additional tax savings. Write-offs can be particularly beneficial for businesses that require significant investments in equipment, machinery, or vehicles. By taking advantage of depreciation and amortization allowances, you can deduct a portion of the asset’s cost each year. This not only decreases your current tax burden but also aligns with the asset’s actual wear and tear over its useful life. These tax savings can be reinvested back into your business, saved for future expansion, or allocated towards personal financial goals in the pre-tax life. Further reading: – “Tax Write-Offs for Small Business Owners” – Internal Revenue Service (IRS): https://www.irs.gov/businesses/small-businesses-self-employed/tax-write-offs-for-the-self-employed – “Understanding Depreciation and Amortization” – Investopedia: https://www.investopedia.com/terms/d/depreciation.asp Building Wealth and Securing Financial Success: By diligently identifying and utilizing business tax deductions and write-offs, you can enhance your financial well-being and establish a solid foundation for wealth building in the pre-tax life. Here are a few key considerations: a. Consult a Tax Professional: Engaging a knowledgeable tax professional can help you navigate the complex tax landscape, maximize your eligible deductions and write-offs, and ensure compliance with relevant tax regulations. Their expertise can save you both time and money, allowing you to focus on growing your business. b. Keep Meticulous Records: Accurate record-keeping is essential for claiming deductions and write-offs. Maintain organized and detailed financial records, including receipts, invoices, and documentation of business expenses. This practice not only ensures compliance but also enables you to substantiate your claims if audited. c. Regularly Review Tax Laws and Regulations: Tax laws and regulations are subject to change, and staying informed is crucial. Regularly review updates from the IRS or consult with a tax professional to understand any new opportunities or potential limitations regarding deductions and write-offs. Conclusion: In the pre-tax life, taking full advantage of business tax deductions and write-offs can make a substantial difference in building wealth and securing long-term financial success. By optimizing your expenses, strategically depreciating assets, and making informed financial decisions, you can reduce your tax liability, The post Living a Pre-Tax Life – Business Brain 458 appeared first on Business Brain - The Entrepreneurs' Podcast.

Do You Trust Your “Taste”? How do you learn what good taste is, and can you refine it over time? Join us for episode 457 of Business Brain, where we learn from Steve Jobs and Rick Rubin about what taste really is, how to get it, and how to improve it over time. Then we take a quick dive into the concept of Imposter Syndrome and why Shannon wants your feedback to deal with it. Listen in and tune your Business Brain with us! 00:00:00 Business Brain – The Entrepreneurs’ Podcast #457 for Wednesday, June 14th, 2023 00:01:47 Steve Jobs, Rick Rubin, and “Taste” Business Brain Mistakes Guide 00:08:52 SPONSOR: Factor, America’s #1 Ready-To-Eat Meal Kit, can help you fuel up fast with ready-to-eat meals delivered straight to your door. Head to FACTORMEALS.com/brain50 and use code brain50 to get 50% off your first box. 00:10:19 SPONSOR: Checkr. Get fast, comprehensive background checks so you can hire with confidence. Visit Checkr.com/BusinessBrain to save $40 off your first background check. 00:11:44 Managing Imposter Syndrome 00:18:27 BB 457 Outtro feedback@businessbrain.show If your email is featured in an episode, you’re entered to win a MacBook Air in 2023 This AI-generated Business Brain article can provide more background and resources related to this topic. Understanding and Overcoming Imposter Syndrome: Unmasking Self-Doubt Introduction: Imposter Syndrome, a phenomenon characterized by persistent feelings of inadequacy and self-doubt, affects individuals from all walks of life, including high achievers and professionals. Despite their accomplishments and competence, those experiencing imposter syndrome believe they are frauds and fear being exposed as such. In this article, we delve into the concept of imposter syndrome, explore its impact, and provide strategies to overcome it. Understanding Imposter Syndrome: Imposter syndrome encompasses a range of thoughts and emotions, including the fear of being discovered as a fraud, attributing success to luck rather than skill, and a persistent belief that one’s achievements are undeserved. It can manifest in various areas of life, such as education, work, or personal relationships. The Impact of Imposter Syndrome: Imposter syndrome can have detrimental effects on an individual’s mental well-being, career progression, and overall quality of life. The constant self-doubt and fear of failure can lead to increased stress, anxiety, and burnout. It may also hinder professional growth, as individuals may avoid taking on new challenges or opportunities for fear of not measuring up. Strategies to Overcome Imposter Syndrome: 1. Recognize and Acknowledge: The first step in overcoming imposter syndrome is to recognize and acknowledge its existence. Understand that self-doubt is common and that many successful individuals have experienced similar feelings. This realization can help alleviate the burden of feeling alone in your struggles. Challenge Negative Thoughts: Imposter syndrome thrives on negative self-talk and distorted perceptions of oneself. Challenge these thoughts by objectively evaluating your accomplishments, skills, and experiences. Focus on the evidence that proves your competence and value. Seek Support: Reach out to trusted friends, family, or colleagues who can provide encouragement and reassurance. Sharing your feelings with others can help you gain perspective and realize that you are not alone in your struggles. Celebrate Achievements: Acknowledge your successes, both big and small. Keep a record of your accomplishments and revisit them whenever self-doubt arises. Celebrating your achievements will reinforce your belief in your abilities. Embrace Failure and Learn: Understand that failure is a natural part of growth and learning. Instead of viewing failure as a confirmation of your imposter syndrome fears, see it as an opportunity to gain valuable insights and improve. Embrace the learning process and focus on your progress rather than fixating on perfection. Practice Self-Compassion: Be kind to yourself and cultivate self-compassion. Treat yourself with the same empathy and understanding you would offer to a friend facing similar challenges. Remember that everyone makes mistakes and experiences setbacks; it does not diminish your worth or competence. Conclusion: Imposter syndrome can be a formidable obstacle to overcome, but with awareness and the right strategies, it can be managed effectively. By challenging negative thoughts, seeking support, celebrating achievements, and practicing self-compassion, individuals can gradually diminish the impact of imposter syndrome and regain confidence in their abilities. Remember, you are not alone, and you deserve to recognize and embrace your accomplishments. For further reading on imposter syndrome, consider exploring the following resources: “The Imposter Phenomenon” – Caltech Counseling Center: https://counseling.caltech.edu/general/InfoandResources/Impostor “Overcoming Imposter Syndrome” – Harvard Business Review: https://hbr.org/2018/01/overcoming-imposter-syndrome “6 Strategies to Overcome Imposter Syndrome” – Psychology Today: https://www.psychologytoday.com/us/blog/real-women/202103/6-strategies-overcome-imposter The post Steve Jobs, Rick Rubin, Good Taste and Imposter Syndrome – Business Brain 457 appeared first on Business Brain - The Entrepreneurs' Podcast.