#Smallbizchat LIVE is a monthly video chat where small business owners can get answers to their questions. The focus of #Smallbizchat LIVE is to end small business failure by help participants attained as your own boss. Please join us live every third Wednesday of the month from 8-9 pm ET Live on my SmallBizLady Facebook Page, YouTube Channel and LIVE on Twitter.
How to Create More Profits in Your Small Business
Profit Coach Susie Carder started out as a low-toned paying hairdresser trying to support her two little girls. She decided to do whatever it took to create her own business. After much blood, sweat, and weepings she went on to create , not one, but two $10 Million firms! Her newest book’ Power Your Profits’ is a bulletproof start-to-finish plan for make your business from start-up to multimillion! For more information: www.susiecarder.com
SmallBizLady: What has been your confidential to building multimillion-dollar companionships?
Susie Carder: Start with a business plan, that is the foundation of your success. It’s your road map. It will allow you to see what is viable and what is not before you invest your life savings or go into debt.
SmallBizLady: What is one thing every business owned must do to build a company?
Susie Carder: Get a instruct, someone that is 10 steps ahead of you, to guide you through these times. Second is put your financial plan together, without it you will run out of cash. It’s expensive starting a business, you have to see where the money is coming from and what is the most important investment firstly.
SmallBizLady: What was your biggest lesson in stretching a build a business?
Susie Carder: In 2007, when the market crashed I crashed, I was too heavily invested in Real Estate and I didn’t have enough cash reserves. I ran out of money and couldn’t sustain my overhead. That was a humbling time. Always have 6 months of expenditures in the bank you never know when you will need it.
How to Double Down in Business with Anthony Michael Russo
Anthony Michael Russo is a leadership professional, keynote talker, and emcee who has hosted phenomena all parts of the country. He speaks on the dominance of double-dealing down in life and overcoming failure to create success. He is a firm believer that los is the key ingredient in success if it’s implemented properly. His agency, Identity Marketing, is recognized among the top companies in the field of experiential promotional marketing. In 2016, he started a social movement called #BETHECHANGE where he spreads the message of positivity and taking action to offset all countries of the world a better place. For more information: https :// www.doubledownstrategy.com /
SmallBizLady: How do you espouse your failings?
Anthony Michael Russo: In life, we always tend to shy away from failure, and we avoid risk. We are scared by it because it induces agony. From my experience working with business owners, the hole that drops the ship is the hole that is ignored. Failures are bound to happen, holes are part of life and business, but feigning they don’t exist will cause the hole to get bigger or in some cases re-open. I, personally, enjoy lack because I know formerly that mistake is realise, I’ve become stronger because I know to look out for the same mistake again. They aren’t things that that tear me down, they are simply light-footeds that usher my path.
SmallBizLady: Why is failure important?
Anthony Michael Russo: Failure is the most important part of success because self-complacency never got anyone anywhere. Small-time or big businesses’ have fallen victim to being afraid to try brand-new things, expand, automate, and ultimately vary. These modifies appoint tops of default and annoyance, also known as developing griefs. Here’s the issue, if you don’t grow, progress, and vary you are at the pity of the world that is changing around you. Business ownership isn’t for the feeble of centre, having collapse along the way sucks, but what suctions most is closing your doors because you didn’t risk enough; i.e. Blockbuster. People avoid these failure spots either out of fear or by being adamant. Both of which are poor idiosyncrasies when owning a business. Just think about 2020. If you aren’t willing to rotate and be resilient, then when things really get hard-boiled you will not just fail, you will implode.
SmallBizLady During Covid-1 9 How did you doubled down?
Anthony Michael Russo: So, as a motivational talker and happening emcee my world-wide was put on an immediate pause in March of 2020. The first thing I did was start looking to maintain some fiscal security and look for performance coaching buyers, but when I realized the world was on pause and all eyes were paying attention to social media, I redoubled down on my endeavours on a company I assembled in 2016. I knew that this was not a time for relaxation, or a time to waste because this was the opportunity my business was looking for was right in front of me, but I had to pounce and I had to start grinding without any immediate monetary advantage. Often we mount at the first opportunity instead of looking for the right opportunity, and although I was forced to become leaner and smarter with investments it has enabled exponential expansion in #BeTheChange. Since June, we have grown 15 x in adherents, and our price to investors and advertisers is night and day different. Thanks to previous failings, I understands the importance in timing and hard work and double-downed for success even if they are I knew this is not part of a short game, instead of its for a long game.
How to Pivot in the Pandemic with Dawn Fitch
Dawn Fitchis an writer, speaker, state advocate, and the founder and CEO of Pooka Pure and Simple, a handmade bath and body fellowship. After battling illness and feeling the need to adopt a healthier lifestyle, she began making and selling her own natural products. Her tub and form produces are currently sold in Whole Food business, online, and through various distributors. She has also been featured in Essence Magazine as one of their top 20 Black Beauty Brands. For more information: www.pookapureandsimple.com
SmallBizLady: What was the most important thing you did to swiveled your business since the pandemic began?
Dawn Fitch: LISTEN TO MY CUSTOMERS! It was so important! I was sharing healthy things that I was doing during the course of its pandemic, one of which was using Seamoss. I was transmitting newsletters about products on sale, but they deterred questioning about this Seamoss. So I told them that anyone who wanted to try I would transmit some. The amount of ppl who contacted out was amazing. That’s when I set Seamoss products in the line.
SmallBizLady: What has been the hardest thing about your Pivot?
Dawn Fitch: Develop brand-new commodities, from recipes to parcel, during a pandemic when so many of my suppliers were closed or controlling on a limited capacity. From labels, bottles to raw supplies, I had to figure out ways to get things done
SmallBizLady: How have you maintained your health and sanity through the Pandemic?
Dawn Fitch: I’ve always tried to get some sort of exercise but once the gyms closed it was difficult. I was likewise quarantined alone( that’s a whole other single girl quarantine topic, lol) In an effort to still see friends, we started walking together because we could socially length and still get some exercise. During one of our treads, we noticed indicates for trails by the neighbourhood ballpark and we went into the forest. This opened up an entire new world. We’ve now begun hiking every day at different roads in NJ. It’s amazing, being outside in quality, in the timbers has definitely had a meditative ordeal. We started posting envisions to social media and get spate with announces from other women. Now we do “Sister Hikes” on the weekends and have enjoyed introducing maids to an amazing escapade in the lumbers which are able to clear their honcho, be socially distant but still social, practice and we even stop along the way for a 10 -minute meditation!
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Would you like to be a guest on #Smallbizchat Live?
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