THE POWER OF REINVENTION with Kathi Sharpe-Ross

E72: Starting, Scaling and Growing a Business with Jackie Reses and Lauren Weinberg


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Starting and growing a small business is a challenge. If you’re finding it isn't, you might not be pushing hard enough. Scaling doesn't happen overnight either: it's a process — a long one.

In this episode, Jackie Reses and Lauren Weinberg share their business journeys to becoming the Self-Made Bosses they are today. We discuss everything from the mental side of starting a company to the practical aspects of a business plan. Sometimes you know what you want from the beginning, and sometimes opportunities bring you to unexpected places.

Here are some power takeaways from today’s conversation:

  • Your company's working environment will depend on what your employees want and what your company does.
  • Starting a business is a challenge: are you ready with both mental and physical assets?
  • SMEs need to pay attention to many things, but cash flow is typically the most critical.
  • [07:47] Jackie and Lauren’s Journeys

    Jackie grew up with the grittiness of entrepreneurship, eventually starting her own business at 16. She retained this mindset all her life. Combined with her desire for independence, an amazing education, and good experience at the start of her career, she had a solid mental foundation for work.

    Lauren’s career path took her through multiple jobs. She took opportunities wherever she could, leading to a happy, accidental journey through a broad range of things.

    [17:04] The Philosophical and the Practical

    Starting a business alone is a highly personal journey — it's almost all about you and your resources. It has two aspects: a philosophical side and a practical one. The philosophical asks: “Are you ready?” Conversely, the practical requires creating and breaking down your plan. You have to know what you're going to do before you do it.

    Starting a business will always be a stressful challenge, so it’s critical to be mindful: Do you need a break? Do you need to delegate? Stress can cause mistakes, so look for those signals.

    [29:47] The Workplace Environment

    The last two years have changed how people work and spend their time. People have different priorities now, making staffing a challenge. While there’s a lot to be gained by working in person, not everyone wants to go to the office anymore. Ultimately, it depends on the business and the people.

    [34:25] The Growth Journey

    There are several factors to consider when you want to scale as a business, such as cash flow, product lines, and staffing. Cash flow is typically the most significant issue for small businesses. It’s essential to consider how to acquire inventory capital or invest, but that’s not always readily available.

    Resources Mentioned:

    Get the book, Self-Made Boss, here: https://www.selfmadeboss.com/

    Jackie Reses’s LinkedIn: https://www.linkedin.com/in/jacqueline-reses-938b7850/

    Lauren Weinberg’s LinkedIn: https://www.linkedin.com/in/laurenweinberg13/

    For more Reinvention content, hundreds of engaging interviews and blogs visit — https://www.thereinventionexchange.com/

    My Book — RE:INVENT YOUR LIFE! WHAT ARE YOU WAITING FOR? — available on Amazon, Apple Books, and at https://www.thereinventionexchange.com/shopthebook

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    THE POWER OF REINVENTION with Kathi Sharpe-RossBy Kathi Sharpe-Ross

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