One of the most challenging times when developing a new product or service or when starting a new business is when you are close to being ready to launch. You are at the 80-90% completion point, but you just want to make a few changes, add another feature, run one more test.
This is the point where things can go terribly wrong.
That feature you want to add, that change you want to make, that test you want to run, those things can derail the entire process and stop you from succeeding.
On this episode of the Small Business Show, your hosts Dave Hamilton and Shannon Jean share tips and techniques for powering through this “last mile” to deliver an MVP by not letting yourself get derailed by perfection. Join us and discover what has worked for us, then come share what has worked for you on the Small Business Support Group!
00:00:00 Small Business Show #232 for Wednesday, July 17, 2019
00:06:44 SPONSOR: Linode. Instantly deploy and manage an SSD server in the Linode Cloud. Get a server running in seconds with your choice of Linux distro, resources, and choice of 10 node locations. Visit Linode.com/SBS and use promo code sbs2019 to start with a $20 credit.
00:08:37 Minimum Viable Product: Powering Through the Last Mile
00:15:44 Define the MVP and Define future versions
The “Wouldn’t It Be Great If” board
00:20:55 Fostering a culture of change
00:22:19 SPONSOR: The Alternative Board. TAB is a group of business owners & experts in your area that you can turn to for advice. Visit TheAlternativeBoard.com/SBS and get the “25 Timeless Principles of Exceptional Businesses” e-book free!
00:24:02 SPONSOR: go.co – Get online with your .CO domain today. Register for just $5 and get 3 months of website builder and hosting services FREE at go.co/sbs.
00:25:16 Stagnation of Perfection
00:26:19 Managing the risk of launching imperfection
00:29:03 Plan for a soft launch
00:29:50 Communicate humility
00:31:14 Humility lets you take more risk
00:33:06 “We’re building decks, we’re not building a piano”
Are you maxing out rewards programs for hotels, airlines and credit card companies for your Small Business? You should be and today on the Small Business Show we share a few examples of why you’re missing out on some big benefits if you ignore these programs.
Join your hosts Shannon Jean and Dave Hamilton for another episode of tips, advice, and strategies to help your Small Business. After our discussion of rewards programs, we share a concept of using an independent third party to vet potential business partners. This novel concept could save you headaches down the road.
We then jump into the topic of creating a sexual harassment policy to protect your employees as well as your business. Listen in to learn about what constitutes sexual harassment, how to implement an anti-harassment policy that includes a clear communication path to report problems and to enforce violations.
These topics and much more today on episode 231 of the Small Business Show. Enjoy the show, then visit the Small Business Support Group to continue the discussion, ask questions and share your own experiences.
Rewards Programs, Vetting Potential Partners, and Sexual Harassment
00:00:00 Small Business Show #231 for Wednesday, July 10, 2019
00:01:09 On deck today: Rewards Programs, Vetting Potential Partners, and Sexual Harassment
00:18:19 Question: Ronnie-Protecting Your Business Against Sexual Harassment
00:18:55 SPONSOR: The Alternative Board. TAB is a group of business owners & experts in your area that you can turn to for advice. Visit TheAlternativeBoard.com/SBS to apply for free today and find out if there’s a board seat available in your area!
00:20:47 Answer: Ronnie-Protecting Your Business Against Sexual Harassment
Continuing with our series on subscription-based businesses, we’ve been fortunate to meet some very smart folks that have started or transitioned to a subscription model for their product or service. This week, we get to learn from a founder that created a business to help others succeed in the software and subscription market.
Paddle was Co-Founded in 2012 by Christian Owens and we’re thrilled to have him with us today to learn about Paddle and his own journey as a Founder.
Join your hosts Shannon Jean and Dave Hamilton as they learn how Christian started his first company at 14 where he learned about connecting with others in the business community for help and how to leverage his youth to get support.
Listen in to hear how Christian and his Co-Founder Harrison Rose created Paddle to solve the back-end headaches that subscription services can cause. Everything from licensing and bug reports to payment management can be handled by Paddle.
There’s some great tips and advice that you don’t want to miss on this episode of the Small Business Show. Enjoy the show, then click over to the Small Business Support Group to continue the discussion!
00:00:00 Small Business Show #230 for Wednesday, July 3, 2019
Developing positive habits and minimizing negative habits is important for you AND for your employees. By breaking down our larger goals into small tasks and habits, we can shift the focus away from willpower and motivation to small steps, habits that lead us down the path to our ultimate goal of world domination.
On this episode of the Small Business Show your hosts Shannon Jean and Dave Hamilton use the “Stack” metaphor to see how we can create positive habits, while burying negative ones. And remember, you can use these tactics to help yourself, as well as your employees or contractors. Habits impact your entire organization – think about how customer service issues are resolved at your company. Surely there are good and bad habits involved in that process?
We delve into why we fall into habits, why rewards are the key to changing bad habits and promoting positive habits to the top of your stack. Make a habit of listening each week for all this and more! Then, join us on the Small Business Support Group to share your stories and ask questions.
If you enjoy the show each week, please take a moment to leave a review for us. It only takes a few minutes and it really helps. Thanks!
00:00:00 Small Business Show #229 for Wednesday, June 26, 2019
00:00:59 New website feedback to email@example.com
00:17:56 SPONSOR: CLEAR. CLEAR is the absolute BEST way to get through airport security. It works great with Pre-Check too! Get two months free at ClearMe.com/Business using code BUSINESS now.
00:20:30 SPONSOR: Linode. Instantly deploy and manage an SSD server in the Linode Cloud. Get a server running in seconds with your choice of Linux distro, resources, and choice of 10 node locations. Visit Linode.com/SBS and use promo code sbs2019 to start with a $20 credit.
00:22:50 Make a habit list
00:26:10 Want time to start a business? Cancel your Netflix
Time is arguably our most important asset as Small Business owners. You can’t create more of it, but you can increase your efficiency and hack how you use time each day to make it work in your favor. Today on episode 188 of the Small Business Show, your hosts Dave Hamilton and Shannon Jean share their tips and strategies for getting the most out of your 24/7.
The subject of time and the lack of it was brought up by longtime listener Todd McCann of the The Trucker Dump Podcast. Todd has the same problem we all do: not enough time in the day. You’ll hear our thoughts on making some changes that could open up more hours for Todd, along with some questions we ask of Todd that just might help your day become more efficient.
Join us today and you’ll also hear about sacrificing some things to succeed, flexibility vs. freedom, learning to Spotlight your time and ignoring those time-killing distractions, scheduling time with yourself, why communicating your time needs to others is critical and if money is what you’re seeking at a particular moment, the most important question to ask yourself that will focus you in the right direction.
Everyone knows that coffee is an important part of every Small Business startup, right? With 400 million cups enjoyed every-single-day in the United States, this seems like a great opportunity for a Small Business. But, how do you get your voice heard in this crowded market? How do you create a niche where you can build a unique brand focusing on quality coffee and customer experience?
Join us today for this episode of the Small Business Show to meet Tristan and Jackson Bredehoft, founders of Café Rica, a fast growing local and online coffee business located in Battle Creek, Michigan.
Tracing their family origins back to Costa Rica, the Bredehoft brothers decided to import a unique Costa Rican coffee to share it with customers in the U.S. Literally bringing back two suitcases stuffed with coffee to get things started. You’ll hear the Café Rica founders discuss the benefits and challenges of working with a sibling, how they decided to build a Local, Craft Coffee business and why they wound up building their local coffee shop inside of repurposed shipping containers.
Tristan and Jackson share how they benefited from taking part in a Kitchen Incubator program and how they have leaned on the Mentors from SCORE to shift their marketing focus to dramatically accelerate growth. Join your co-hosts Shannon Jean and Dave Hamilton as they learn about the Cafe Rica story and then come share your own at the Small Business Support Group!
00:00:00 Small Business Show #187 for Wednesday, September 5, 2018
00:01:47 Tristan and Jackson Bredehoft from Café Rica
00:03:11 Family joke to family business
00:03:52 It starts with a suitcase!
00:05:58 The sibling business
00:08:05 Assigning duties…and The sibling benefit!
00:10:22 “The riches are in the niches”
00:12:00 Local, Craft Coffee
00:13:29 Differentiator: Shipping containers
00:15:27 SPONSOR: Gusto is refreshingly easy payroll, benefits, and HR for the modern small business. Visit Gusto.com/SBS for a free, 3-month trial.
Being persistent is a critical part of making your Small Business succeed. From the very start, you will face obstacles that you’ll have to break through and go around to create something from nothing. Some of these will be mental, some physical and some logistical. Join us today for episode 186 of the Small Business Show to hear how your co-hosts Dave Hamilton and Shannon Jean have used their bull-headed persistence to overcome those obstacles during their careers.
We discuss the importance of confidence and believing in yourself with tips on how to use your Success List to remind yourself of your achievements to build up your confidence, as well as learning how to maximize your strengths and minimize weaknesses with strategic partners or employees. Shannon then reminds us that patience needs to be a part of your plan – as long as you are moving along the path you set for yourself and your Small Business. Success takes time.
You’ll hear about how immersing yourself in your Small Business is an important part of pushing through obstacles and achieving success and how creating habits out of things that work for your business will keep you moving forward on your quest. And while it’s important to have a clear vision of where you want your Small Business to go, we spend some time talking about adjusting and adapting when things don’t go exactly as planned (hint: they never do).
We wrap up our discussion with a reminder that commitment to your Small Business success is critical – everything has a cost, get ready to pay it in time and effort to create a successful business that can help you lead that Charmed Life we talk about often on the show.
What’s more important for your Small Business, profits or cashflow? If you’re a regular listener of the Small Business Show, you know what we think! Join us today as we dig deep into to the importance of managing your available cash and how to get through the inevitable cash-crunch when it hits you.
Your co-hosts Shannon Jean and Dave Hamilton share their tips, strategies and stories about the why and how of using your accounting software correctly to help with cashflow reporting, why it’s important not to fall in love with your P&L and why you need to avoid the “shiny object” trap that can suck much needed cash out of your business.
We then jump into ways to raise cash when you need it quickly, how to use unconventional methods to raise short term cash and ways to manage longer term funding from banks and other lenders. The show wraps up with a discussion about the importance of measuring and different methods to measure all aspects of your business – including your cashflow.
Getting customers to spend their hard earned dollars at your Small Business is tough, right? How about if you had to convince them to eat insects to get those dollars into your bank account? Join us today as we visit with James Rolin of Cowboy Cricket Farms and hear how this Small Business has used education, creative marketing and stubborn persistence to succeed.
Listen in to learn about how feasibility studies can guide you to the right business model, how we’re all eating insects (we just don’t know it), how community outreach as a marketing tool can be powerful and some great tips for working with your spouse and teaching your kids about how to succeed. You’ll also hear about using the Score Mentoring program as a powerful and free tool to grow your business.
A common misconception is that it’s the great idea that makes a Small Business successful. Join us today on the Small Business Show to hear us dispel that myth and discuss taking Action to propel your business to success.
Don’t wait. You’ll hear that message over and over again on this episode of the Small Business Show as Shannon Jean and Dave Hamilton share tips to get yourself started – to help move you from Idea to Implementation.
Listen in and you’ll hear about the power of removing limits (most of them in your head) to get your business concept on paper, how to create and use an Action Plan to figure out what steps you need to take to make your idea a reality and why we believe creating an Org Chart (even if your name is in every box) is key to planning out the structure of your Small Business.
We wrap up the show with a discussion of the ever important Working Agreement and why sometimes you just need to throw structure out the window to just start….Start today.