One of the toughest decisions for many business owners is deciding when it’s time to get rid of someone. That “someone” could be an employee, contractor, customer, or even a vendor. One of the things we love most about small business is that it allows for a heart whereas big business usually comes down to a number.
So who’s in charge here? This is one of the first questions we ask when meeting with business partners. The initial response is usually something like, “we both are” or “we all are.” We and you know that isn’t the case. Someone is setting the priorities for the business.
So do you work with family in your business? Or maybe it’s friends who are like family. Or both. Are you good at leaving the personal stuff at the door when you come into work every day? Not sure what that looks like? Well today’s show is for you!
Today we were joined on the show by business owner Eric Robichaud. Eric is the owner of Green Goddess Supply, a supplier of premium quality smoking accessories and home grow products. During the show Eric takes us on his journey from software engineer/nerdy computer guy to now being the weed guy!
Today we were joined on the show by business owner and former MVP business coaching client Terry Walkerly. Terry is the owner of Filta Environmental NEO, a leading provider of cooking oil micro filtration services to restaurants and other food establishments. Over his career Terry has owned several business including ones he’s both started as well as purchased. Although he barely made it through high school, Terry describes himself as a lifelong learner who has read just about every business book out there. Combining that with the school of hard knocks and Terry has a lot of wisdom and insights to share.
Heard a good story lately? Who’s the best story teller you know? Are you a good story teller? What makes for a good story? These are just some of the questions we tackle in today’s episode.
Sometimes you need to slow down to speed up. We know it’s counterintuitive. The answer isn’t always to push harder or get more information. Believe it or not, it’s often best to do nothing. To sleep on it. For a small business owner this is easier said than done. Especially if you’re one of those very driven individuals who has trouble taking it easy and slowing down.
Communication is always a challenge, whether in business or in life. We often meet business owners who lament about the challenges of trying to get their team on the same page. It might sound something like, “How do I make sure everyone knows what is going on?” Or “Why isn’t everyone rowing in the same direction?”
We’ve heard from a lot of business owners over the years who are looking for a checklist to run their businesses. It’s often described as something like “do these 17 things in this order and you’re guaranteed to have success.” So is getting all these systems and procedures and SOPs in place really the answer for your business? Or should you focus on attracting and retaining the best people to be part of your Organization?
If you’ve listened to our show for a while or if you know us off the air, you likely know that we are big fans of Inc. Magazine. Not only do they usually have great articles related to entrepreneurs that are easily digestible, they also have many inspirational stories. We saw a recent article addressing something that is impacting every business (large or small), The Great Resignation. According to the U.S. Bureau of Labor Statistics, between April 2021 and September 2021 over 24 million American employees left their jobs.