In this episode, our hosts explore what roadblocks, both internal and external, hold owners back from “being accountable”.
Small business culture isn’t a sign on the wall or slogans. It’s framed by the beliefs and values of the founders and key people and their work history, where they worked, who they worked for, etc. Add to this is how they grew up, family, personal experience framing their value system. But how do you...
“Show me the money,” is one of the most classic lines, from a movie favorite – Jerry Maguire. One of the most challenging duties in operating a small business is establishing an effective compensation program. That goes beyond just calculating competitive hourly rates and salary packages. But creating a happy team, that in turn create...
Business owners face a lot of tough decisions, and sometimes, even tougher ones implementing them. One of the trickier ones occurs after the company is sailing along, and it has to take the big step of replacing the owner (in that role) with an experienced sales manager. Usually, the owner serves as the sales manager,...
Every business owner faces it, the dreaded duty that they, especially, and even their managers, share… namely, saying Sayonara, Adios, Auf Wiedersehen, Ciao, or simply “Don’t let the door hit you in the ass on your way out.” However you say it and no matter what the conditions, even the most tough-minded of owners dread...
Business can be very serious stuff. Often a small business owner has much at risk, personally; and often, may feel the responsibility for the livelihoods of employees, and have deep concern that the customers are being served effectively. But, at the end of the day, if it isn’t fun, for the small business owner, the...
Every small business owner needs a sounding board and somebody (or somebodies) to hold them accountable, beside the person staring back at them in the mirror. In this episode, our hosts, Lonnie Sciambi and Stan Simkins, also known, respectively, as “The Entrepreneur’s Yoda” and “The Family Biz Doc” will talk about three potential alternatives to...
Your ”end game” is about growing your business and building value that provides a return on your investment of capital, time and energy, when you are ready to exit the business and realize that value. That’s your exit plan… helping you to achieve that end game. In this episode, our hosts, Lonnie Sciambi and Stan...
A plan is worthless without execution. Yet it seems it gets far less attention than planning. Action and follow up is what gets things done, so we have to be able to answer the question “how are going to make this happen? And include it in the planning process. In this episode, our hosts, Lonnie...
In this episode, our hosts, Lonnie Sciambi and Stan Simkins, also known, respectively, as “The Entrepreneur’s Yoda” and “The Family Biz Doc,” bring on the first guest to their podcast, Mr. Karl Kringle. He introduces them to his family-run toy manufacturing and distribution business and how he and his brother, Kris, don’t quite see eye to eye...
