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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!

Chapters/Timestamp:
  • 00:00:00 Small Business Show #232 for Wednesday, July 17, 2019
  • 00:01:03 Beware Customer Tunnel-Vision
  • 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
  • 00:09:30 Perfect is the enemy of good
  • 00:10:43 Embracing the fear of change
    • Embrace iteration
  • 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”
  • 00:34:34 Accept sunk costs
  • 00:35:30 Shannon’s Current Status
  • 00:40:33 SBS 232 Outtro

The post Delivering a Minimally Viable Product – Small Business Show 232 appeared first on The Small Business Show.

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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

Chapters/Timestamps:

The post Rewards Programs, Vetting Potential Partners, and Sexual Harassment – Small Business Show 231 appeared first on The Small Business Show.

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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!

Chapters/Timestamps:

The post Interview with Christian Owens Co-Founder of Paddle – Small Business Show 230 appeared first on The Small Business Show.

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The Small Business Show by Shannon, Shannon Jean & Dave Hamilt.. - 3w ago

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.

“Habits​ ​are​ ​the​ ​underlying​ ​driving​ ​force​ ​of​ ​either​ ​success​ ​or​ ​failure—and​ ​greatness or​ ​mediocrity.”

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! Chapters/Timestamps:
  • 00:00:00 Small Business Show #229 for Wednesday, June 26, 2019
  • 00:00:59 New website feedback to feedback@businessshow.co
  • 00:01:33 Polling you to tell us what you like
  • 00:02:15 You’re allowed to be terrible!
  • 00:04:59 Solving Grammar Problems
  • 00:08:26 Break down your goals into habits
  • 00:09:50 “Habits​ ​are​ ​the​ ​underlying​ ​driving​ ​force​ ​of​ ​either​ ​success​ ​or​ ​failure—and​ ​greatness or​ ​mediocrity.”
  • 00:10:53 Be actively aware of your habits
  • 00:14:04 Watch the gossip
  • 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
  • 00:29:19 Change the temptation
  • 00:30:41 Work on one habit at a time
  • 00:33:00 Give yourself permission to fail
  • 00:34:21 SBS 229 Outtro

The post Creating a Habit Stack – Small Business Show 229 appeared first on The Small Business Show.

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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.

Listen in, then share your story with us at the Small Business Support Group!

Chapters/Timestamps:
  • 00:00:00 Small Business Show #188 for Wednesday, September 12, 2018
  • 00:01:19 About our sponsors
  • 00:02:27 Todd-What Happens When I Really Don’t Have Time?
  • 00:05:42 Recording behind the wheel
  • 00:07:30 Two different shows
  • 00:08:55 Creating more time
  • 00:10:08 Be intentional with your time
  • 00:11:14 Are you willing to pay the price?
  • 00:12:28 Go back to work at night
  • 00:12:55 Flexibility vs. Freedom
  • 00:13:26 Learn to Spotlight your time
  • 00:16:49 Keep a pad next to you
  • 00:17:17 Bob LeVitis on the Small Business Show
  • 00:18:58 SPONSOR: Timing, for anyone billing their hours. Visit timingapp.com/smallbusiness
  • 00:21:00 SPONSOR: Gusto is refreshingly easy payroll, benefits, and HR for the modern small business. Visit Gusto.com/SBS for a free, 3-month trial.
  • 00:22:44 Schedule Time with Yourself
  • 00:24:57 Communicate your schedule with the people around you
  • 00:28:07 Create your system
  • 00:28:59 Tools… and services!
  • 00:29:47 Managing optimism and realism
  • 00:30:19 Question: What can you be doing right now that will increase your revenue?
  • 00:32:19 Decide that you DO want to know this information!
  • 00:33:38 SBS Outtro

CacheFly.com provides all the bandwidth to get our show to you!

The post Time Management Tips and Tricks for Small Business Owners – Small Business Show 188 appeared first on The Small Business Show.

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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!

Chapters/Timestamps:
  • 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.
  • 00:16:41 SPONSOR: Visit TextExpander.com/podcast for 20% off your first year.
  • 00:18:15 Help from a kitchen incubator!
  • Score Advisors
  • 00:20:48 Biggest struggle – Learning to Tell Your Story
  • 00:22:36 Learning from customers: subscriptions
  • 00:24:32 Favorite mistake? Gotta listen to hear this one!
  • 00:26:02 If you have an idea, do it!
  • 00:27:09 Visit Cafe Rica on Facebook
  • 00:27:51 SBS 187

The post The Business of Coffee: Café Rica Founders Interview – Small Business Show 187 appeared first on The Small Business Show.

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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.

Listin in and then share your story and comments on the Small Business Support Group!

Chapters/Timestamps:
  • 00:00:00 Small Business Show #186 for Wednesday, August 29, 2018
  • 00:01:07 Bull-headed persistence is the key to success
  • 00:02:51 Make sure that you have persistence in your Talent Stack
  • 00:04:50 “Which story is more enjoyable to hear?” – Shannon Jean, ladies and gentlemen
  • 00:06:30 Be confident! The story is part of the reward.
  • 00:07:45 Recognize your achievements
  • 00:09:42 Make Your Bed: Little Things That Can Change Your Life…And Maybe the World
  • 00:11:29 SPONSOR: Gusto is refreshingly easy payroll, benefits, and HR for the modern small business. Visit Gusto.com/SBS for a free, 3-month trial.
  • 00:13:28 SPONSOR: Timing, for anyone billing their hours. Visit timingapp.com/smallbusiness and get a 14-day free trial and save 10% when you purchase.
  • 00:16:20 Maximize Strengths, Minimize Weaknesses
  • 00:18:04 Be patient… and realistic
  • 00:20:10 Adjust and adapt!
  • 00:22:11 Be in it!
  • 00:25:13 Consider your path
  • 00:25:48 Commitment – Accept the costs
  • 00:29:27 SBS 186 Outtro

The post Persistence is Key to Small Business Success – Small Business Show 186 appeared first on The Small Business Show.

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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.

Join us today and then share your comments on the Small Business Support Group!

Chapters/Timestamps:

  • 00:00:00 Small Business Show #185 for Wednesday, August 22, 2018
  • 00:01:42 “By, For, and About Small Business”
  • 00:04:20 Don’t fall in love with the P&L
  • 00:06:41 Import often!
  • 00:08:57 Profits are for other people, Cash is for you
  • 00:10:07 Matching Your Terms
  • 00:12:02 Negative Cash Flow
  • 00:13:01 Buy used! Buy at auction.
  • 00:15:47 SPONSOR: Gusto is refreshingly easy payroll, benefits, and HR for the modern small business. Visit Gusto.com/SBS for a free, 3-month trial.
  • 00:17:22 SPONSOR: Visit TextExpander.com/podcast for 20% off your first year.
  • 00:19:15 Sometimes embarrassment is your friend
  • 00:20:01 A 2-inch stack of credit cards to solve your problems
  • 00:21:49 Dump the junk!
    • Accept Sunk Costs.
  • 00:23:00 Timing a blowout
  • 00:24:51 Pick special customers
  • 00:25:30 Sell it for what it’s worth
  • 00:26:06 Slow down your A/P
  • 00:28:24 Things happen – Communicate with your vendors
  • 00:29:40 Treat your vendors like they’re customers
  • 00:30:03 Use your lines of credit wisely
  • 00:31:42 Talk with your banker about “terming it out”
  • 00:34:04 Measure everything
  • 00:36:36 SBS 185

The post How To Manage Your Cashflow – Small Business Show 185 appeared first on The Small Business Show.

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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.

You’ll learn a lot, but your co-hosts Shannon Jean and Dave Hamilton continue to think they are learning the most from our awesome guests. Join us today, then share your story at the Small Business Support Group!

Chapters/Timestamps:

The post Small Business Interview with James Rolin of Cowboy Cricket Farms – Small Business Show 184 appeared first on The Small Business Show.

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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.

Join us here, then get involved in the discussion at the Small Business Support Group!

Chapters/Timestamps:
  • 00:00:00 Small Business Show #183 for Wednesday, August 8, 2018
  • 00:03:56 Opportunity for Efficiency
  • 00:08:41 Take the time to build systems and micromanage yourself
  • 00:11:27 Takeaway: Re-energize, Dig In
  • 00:13:21 SPONSOR: Timing, for anyone billing their hours. Visit timingapp.com/smallbusiness and get a 14-day free trial and save 10% when you purchase.
  • 00:15:22 SPONSOR: Visit TextExpander.com/podcast for 20% off your first year.
  • 00:17:43 Starting a Business Step 1: Ideas to Action
  • 00:19:28 Go make it happen!
  • 00:21:12 Get it on paper
    • Remove the limits!
  • 00:23:36 Create an action plan
    • Who’s involved?
    • Partner, Banker, Spouse,
    • How much money do you think you’ll need? Add more.
  • 00:24:30 Budget your time.
  • 00:27:51 Failure is part of the process
  • 00:28:30 What other resources do you need?
    • What marketing will you do?
  • 00:29:24 Create an Org Chart
  • 00:33:14 The Working Agreement
    • Concept
    • Partnership organization
    • Partner Contributions (money, time, effort)
    • How is the money split?
  • 00:35:13 The Friendship Clause
  • 00:36:26 Forget all this: get started.
    • Employ those… folks.
  • 00:40:13 SBS 183 Outtro

The post Moving from Idea to Action – Get Started Today With Your Small Business – Small Business Show 183 appeared first on The Small Business Show.

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