In this episode, Tom and Michael Welch discuss:

• The growing CBD and hemp industry.
• The recent farm bill that legalized growing hemp.
• How to learn from your competitors.
• Why research is key to kickstarting a new business.

Key Takeaways:

• Your competitors are your best benchmarks for success/failure in your industry.
• Research your industry, competitors, products, and services as much as you can before starting a new business.
• While some businesses may not seem profitable at first, a slight pivot in your product/service can lead to success.
• When hiring, always look for candidates who are qualified as well as fans of your product/service.

 

Connect with Michael Welch President & CEO, Rocky Mountain High Brands:

 

Website: www.Hempd.com

Facebook: www.facebook.com/livehempd

Twitter: @LiveHEMPd

You can also click here to buy their products on Amazon.

 

Connect with Tom Niesen Owner & CEO, Acuity Systems, Inc:

 

Phone: 972-860-8695 x223

Website: www.SalesMadeEasy.com

Email: [email protected]