How do you grow a small business? How do you scale it to become larger, more profitable, and efficient? SYSTEMS. Creating systems and procedures is important in developing a successful business and Mike shows you the areas of your business that must be systematized.
Today Mike takes a question from a listener that wants to start a cafe/coffee business. But how do you compete against Starbucks? How do you carve out a niche when you got the big hitters all around you in a crowded market?
Mike is involved in a tech startup called BioShakes. He tells about their unique business model and what type of franchises entrepreneurs should get involved with.
Josh from Chicago left a voice note on the website and asked how he can grow his pressure washing business. Mike gives some simple tips and advice that can be applied to all service-based businesses.
Should you save money? What should you spend your savings in? Should you just stash away cash? Today, Mike Talks about what you young entrepreneurs should be savings their money for and how they can reach their savings goals.
What do you do when a client owes you money but wont pay? Or people just don't pay on time? Today is a short episode but it could change the way you invoice and collect payment.
You gotta know your numbers! And today Mike shares a ver valuable equation that will help you determine your marketing budget and tell you exactly how much a new client is worth to you!
Today Mike shares how you can increase the value of your business before you sell it. He also shares what to look for when you are wanting to acquire a competitor or another company.
Special announcement today from Mike! Plus we talk about how to design a positioning statement and how to target your audience effectively in your advertising and marketing strategy.
Today Mike takes a question from an entrepreneur that is selling wood chips for smoking BBQ. He gives advice on how to create an online sales channel. Then Mike tells you how to market effectively to the 3 segments of your potential clients.
Today Mike takes a LIVE audio question that was asked via the website. Mike shares how to sell into retail stores and how to price your product so that it actually sells and comes off the shelf.
Do you hate your job, your boss, your paycheck? But do you feel stuck in that career? Have you been thinking about starting your own business? Do you have fear about making the leap? If so, today's show is for you!
Mike answers two questions. One about starting a business in the coaching industry, the other about being a young entrepreneur in a service-based business.
Today Mike tells a listener how they can grow a cleaning business and talks about the importance of profit margins.
Today Mike takes a question from an entrepreneur that has recently started a wood building business. Ash (name of entrepreneur) is making plyometric boxes by hand and wants advice on how to grow.
After the 2008 real estate bubble more and more people are wondering if buying a house is really worth it. Mike gives the pros and cons of both and offers advice and warnings about buying a single family residence.
Mike tells about his plans to give listeners a FREE book. He also talks about the importance of experimentation when it comes to a businesses marketing mix.
Today we hear from Dan, an entrepreneur in Michigan that is wanting to start a party and events planning company. Mike answers his question and gives advice on how to START your business the "bootstrapping way."
Today Mike gives a big announcement on a chance for business owners to get their questions answered! Also, he explains more about standardization of prices and how it can be used in the service industry to generate more loyal customers and a better bottom line.
What are your goals in business? Is your current business/industry going to get you there? If not, you need to plan the steps that will.
Today Mike gives insight for business owners that have seasonal businesses. How do you increase sales during a time that most clients aren't thinking about your product and service? Also, what is the sales pyramid and why is it important when making a marketing plan?
Today Mike shares more info about the new business he is starting called BioShakes.
Today Mike shares one way to get ranked high on Google searches. It's simple, but it works. Content marketing is the name of the game and Mike has a strategy to win the game.
Today, Mike answers the question of one of the listeners. Are how an offline business can go online, build an audience and then generate revenue.