Business Brain – The Entrepreneurs’ Podcast

Shannon Jean & Dave Hamilton
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Jun 8, 2022 • 47min

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? feedback@businessshow.co 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 Preserve employees! Have a “trim 10%” rule in place…and ask everyone to look at things that way. Use RateTracker! Kill off your bank fees Use automation! 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 feedback@businessshow.co The post Cutting Costs While Preserving Value – Small Business Show 383 appeared first on Business Brain - The Entrepreneurs' Podcast.
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Jun 1, 2022 • 37min

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 Sponsors 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 feedback@businessshow.co The post Managing Employee Mistakes – Carrot or Stick? Small Business Show 382 appeared first on Business Brain - The Entrepreneurs' Podcast.
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May 25, 2022 • 49min

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 feedback@businessshow.co The post Creative Methods to Recruit and Retain Employees – Small Business Show 381 appeared first on Business Brain - The Entrepreneurs' Podcast.
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May 18, 2022 • 39min

A Million Dollar Side Hustle and the All Powerful Email Newsletter

Join us for episode 380 of The Small Business Show to get an update on Shannon’s experiment to create a company just using his phone – he just hit a significant milestone. Then it’s on to a discussion about Email newsletters and why your Small Business needs one, how to create them, how to grow them, and how to turn them into a powerful customer connection and revenue machine. 00:00:00 Small Business Show #380 for Wednesday, May 18, 2022 00:01:17 Find what you love 00:04:59 Shannon’s Social Commerce business hits $1MM in Poshmark sales! 00:09:14 Beware becoming comfortable Poshmark Unlocked Dave Hamilton on LinkedIn (link with me!) Shannon Jean on LinkedIn (link with me, too!) FileMaker Sponsors 00:15:18 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. 00:16:41 SPONSOR: Hunter Douglas — Visit HunterDouglas.com/SBS to see their smart solutions for dressing your windows and take advantage of generous rebate savings. 00:18:01 Email Newsletters feedback@businessshow.co Use Exclusivity and Scarcity Mailchimp Klaviyo Secret Double-Opt-In Small Business Support Group Huckberry Outdoor Gear Be a Creator and a Curator 00:37:55 SBS 380 Outtro Email us your business questions: feedback@businessshow.co The post A Million Dollar Side Hustle and the All Powerful Email Newsletter – Small Business Show 380 appeared first on Business Brain - The Entrepreneurs' Podcast.
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May 11, 2022 • 40min

Buying out a Partner and Turning Your Employer into a Customer

What’s the best way to buy out your business partner when you don’t have the cash? How do you convert your side-hustle to a full-time business AND recruit your current employer as your first customer? Join us for episode 379 of The Small Business Show as we tackle these questions from our audience and more! 00:00:00 Small Business Show #379 for Wednesday, May 11, 2022 00:01:38 The Value of a Nametag as an Icebreaker No One Sees The Mac Observer Acquisition as a Negative 00:10:30 Email us your questions: feedback@businessshow.co Sponsors 00:11:29 SPONSOR: RateTracker, your credit card processing rate watchdog presented by Skysail Solutions, your trusted payments partner 00:13:19 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! 00:15:18 Your questions…feedback@businessshow.co 00:15:49 Rob: My partner wants me to buy him out 00:28:45 Claire: Going full-time with my side-hustle 00:39:12 SBS 379 Outtro Email us your business questions: feedback@businessshow.co The post Buying out a Partner and Turning Your Employer into a Customer – Small Business Show 379 appeared first on Business Brain - The Entrepreneurs' Podcast.
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May 4, 2022 • 39min

Creating Career Paths for your Employees Part 2

Listen in for our second episode in a series and learn how developing career paths for your employees will help your business become stronger and more profitable. 00:00:00 Small Business Show #378 for Wednesday, May 4, 2022 00:01:31 Today’s Tip: “Candidly, not Honestly” 00:13:04 Recap of Small Business Show Episode 377 Sponsors 00:13:44 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! 00:15:13 SPONSOR: Bambee – Let Bambee help with your dedicated HR Manager! Go to Bambee.com/SMALL right now to schedule your free trial! 00:16:40 Creating Career Paths for Your Employees…Part 2! Job Descriptions and Ladders Then Map it! Salary Ranges Mentorship Shout about it from the rooftops! 00:37:54 SBS 378 Outtro feedback@businesshow.co The post Creating Career Paths for your Employees Part 2 – Small Business Show 378 appeared first on Business Brain - The Entrepreneurs' Podcast.
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Apr 27, 2022 • 44min

Elon Musk, Julia Child and Part 1 of Career Paths

Want to keep your best employees from leaving your company? By giving them a clear path to advance within your Small Business not only will your employees be more fulfilled, but they will also be more valuable as they build their Talent Stack. Join us today for episode 377 of The Small Business Show where we tackle the why and the how of creating career paths for your employees. You will also hear our take on Elon Musk’s Twitter buyout and a lesson in problem-solving from Julia Child. Let’s go! 00:00:00 Small Business Show #377 for Wednesday, April 27, 2022 00:01:11 Elon Musk “More Phish Whales, Let’s Go!” Sponsors 00:18:26 SPONSOR: Novo: Get Your Free business banking account in just 10 minutes at BankNovo.com/SBS. 00:19:59 SPONSOR: Hunter Douglas — Visit HunterDouglas.com/SBS today for your free “Style Gets Smarter” design guide to see their smart solutions for dressing your windows. 00:21:28 Julia Child Julia on HBOMax feedback@businessshow.co 00:27:59 Career Paths The Danbury Mint The E-Myth Org Chart The Aspirational Org Chart 00:43:00 SBS 377 Outtro The post Elon Musk, Julia Child and Part 1 of Career Paths – Small Business Show 377 appeared first on Business Brain - The Entrepreneurs' Podcast.
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Apr 20, 2022 • 45min

The Superpower of Compartmentalizing Your Thoughts

Running your Small Business can seem overwhelming at times. There are a thousand things going on that require your attention and hundreds of decisions that need to be made in a timely manner. How do you keep things straight? How can you keep focused on what is important at this moment? Listen to The Small Business Show today as we discuss the power of compartmentalization and how to hack your brain to keep your sanity at work and at home while being more present for everyone around you. 00:00:00 Small Business Show #376 for Wednesday, April 20, 2022 00:02:38 House passes $55B Small Business Grant 00:06:34 Business Franchise Taxes in each State Sponsors 00:12:26 SPONSOR: RateTracker, your credit card processing rate watchdog presented by Skysail Solutions, your trusted payments partner 00:14:32 SPONSOR: Hunter Douglas — Visit HunterDouglas.com/SBS today for your free “Style Gets Smarter” design guide to see their smart solutions for dressing your windows. 00:16:04 Compartmentalizing Compartmentalization How To Take Over The World Podcast Managing By Walking Around The Superpower of Compartmentalizing Your Thoughts Coming Home and Still Being at Work You Left Your Head at Work You Are Only as Happy as Your Unhappiest Child Multitasking is a myth, compartmentalization works. Pomodoro Method with Bob LeVitus on Small Business Show To-Did List on Small Business Show 00:36:46 The Million Dollar Distraction (a bedtime story!) 00:42:24 SBS 376 Outtro feedback@businessshow.co The post The Superpower of Compartmentalizing Your Thoughts – Small Business Show 376 appeared first on Business Brain - The Entrepreneurs' Podcast.
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Apr 13, 2022 • 42min

Transparency for Fun and Profit

Being Transparent in your Small Business can be a key tool to gaining customers, attracting the best talent, and building your personal brand. Make transparency part of your company culture:             For your Employees             For your Customers             For your Suppliers             For your Partners and Advisors Join us today on The Small Business Show as we discuss just how Transparency can help you on your path towards taking over the world. 00:00:00 Small Business Show #375 for Wednesday, April 13, 2022 00:00:47 What’s In a Name? Techniques, Tips, and Tactics 00:05:20 I made a mistake…you should pay for it! 00:14:02 Finding our Show! 00:14:28 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! 00:16:27 Transparency vs. Authenticity feedback@businessshow.co “One Number!” Two Tokens of Customer Service Small Business Show Working Agreement 00:40:42 SBS 375 Outtro feedback@businessshow.co The post Transparency for Fun and Profit – Small Business Show 375 appeared first on Business Brain - The Entrepreneurs' Podcast.
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Apr 6, 2022 • 50min

Defined Benefit Plans and Taking the Employees Perspective

Join us for a fresh-squeezed edition of the Small Business Show as we dive into a grab back of topics today including Defined Benefit Plans that can help both employees and employers lower tax liability, a look at how some employees feel about their relationship with your Small Business and news from SXSW 2022. 00:00:00 Small Business Show #374 for Wednesday, April 6, 2022 00:01:47 What is a Defined Benefit Plan? 00:09:29 The employEE perspective of being laid-off Sponsors 00:21:06 SPONSOR: RateTracker, your credit card processing rate watchdog presented by Skysail Solutions, your trusted payments partner 00:22:52 SPONSOR: Bambee – Let Bambee help with your dedicated HR Manager! Go to Bambee.com/SMALL right now to schedule your free trial! SXSW Small Business Movies 00:24:46 SXSW-2nd Chance 00:30:23 SXSW-Mickey: The Story of A Mouse 00:33:13 SXSW-The Pez Outlaw The Problem Solving Mindset The Doctrine of First Sale 00:43:51 The Bose Hubris Story 00:47:37 SXSW is back! 00:49:06 SBS 374 Outtro feedback@businessshow.co The post Defined Benefit Plans and Taking the Employees Perspective – Small Business Show 374 appeared first on Business Brain - The Entrepreneurs' Podcast.

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