Locally Owned

Locally Owned

By The Street Smart EntrepreneurBusinessMarketing
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Locally Owned episodes

  • Build Your Business Like You Have To Sell It Tomorrow
    f a buyer wanted your business tomorrow, would they discover that it can’t run without you?Eliot Vancil learned that lesson the hard way. He built a company with 70 employees that he didn’t even enjoy working in—until fellow business owners challenged him to stop micromanaging and start developing leaders.In this episode of Locally Owned, Dave Pastor sits down with the Managing Partner and CEO of Fuel Logic to explore how owners can build profitable businesses without remaining responsible for every decision.Eliot shares how peer accountability changed his leadership, why he passes on talented employees who won’t help others succeed, and how EOS—the Entrepreneurial Operating System—helped his team turn recurring problems into clear decisions and action.He also tells the story of an unexpected buyer who accepted a price intended to send them away: 16 times EBITDA for his telecom business. His preparation mattered because he had been running the company as though he could sell it tomorrow—even when he had no intention of selling.Whether you want to build an empire or a business that supports the lifestyle you love, this conversation will challenge you to examine your role, develop your people, and create more choices for your future.CHAPTERS00:00 Could your business survive without you?
    03:00 Meet Eliot Vancil
    07:28 The shift from operator to shareholder
    10:15 His father’s lessons and the power of a peer group
    17:02 Developing leaders through grit, humility, and trust
    20:31 Owning mistakes and moving forward
    22:25 Getting important work done while fighting daily fires
    27:08 EOS versus “Eliot’s Operating System”
    38:52 Accountability starts with the owner
    43:42 Hiring for values and team fit
    49:10 Why talent alone isn’t enough
    50:41 Letting go of a loyal employee who hurt the culture
    54:43 From technology to fuel delivery
    1:02:01 Selling time and productivity instead of competing on price
    1:09:38 Lifestyle business or empire builder?
    1:15:12 The unexpected offer and the business he never planned to sell
    1:21:22 What running a business to sell actually requires
    1:22:39 Due diligence and why the buyer matters
    1:32:16 Redefining success beyond money
    1:36:33 Family, fulfillment, and what comes next
    1:38:38 Connect with Eliot
    1:39:19 Building a business where people can flourishCONNECT WITH ELIOTFuel Logic: https://www.fuellogic.net
    LinkedIn: https://www.linkedin.com/in/eliotvancil/WHAT IS YOUR BUSINESS WORTHWhat have you built, what is it worth, and where could you strengthen it? Start with the FREE business assessment created for local business owners. 
    https://yourgoalmind.net/valuationRemember, build a business worth building so that it gives you a life worth living.
    1 hr 43 min
  • Ep 43 What Got You Here Won’t Get You There: Breaking Through the Million-Dollar Plateau - Tim Jordan
    What if the thing holding your business back isn’t a lack of leads, effort, or money?What if it’s you?Tim Jordan bought his first business at just 21 years old and went on to buy, build, scale, and sell multiple companies, including helping grow Palmer Flowers into one of the largest independent floral businesses in the country.But this episode isn’t really about Tim’s résumé.It’s about what he learned along the way.Tim and I talk about why businesses get stuck at revenue plateaus, why understanding your financials changes the way you run a company, and the painful Valentine’s Day that taught him one of the most important lessons of his career:Your time cannot scale.That realization forced Tim to stop thinking like the person responsible for getting all the work done and start thinking like the person responsible for building a company capable of getting the work done without him.We also get into one of my favorite productivity ideas from the episode — Zombie Calendar Blocking — a simple way to make sure the important work of building your business doesn’t get killed every time another fire shows up.Tim also shares how he solved a major employee turnover problem at his flower company by stealing an idea from Jimmy John’s and Domino’s, why he sold 40% of his window-tinting company to a talented young employee, what happened when selling a company suddenly left a 50-hour hole in his week, and why entrepreneurship eventually became about something much bigger than money.There is a lot of practical gold in this conversation for anyone trying to build a healthier, more profitable company that doesn’t require more and more of the owner every year.
    IN THIS EPISODE

    00:04:00 — Buying his first business at 21
    00:09:37 — Why understanding the financials gave Tim an early advantage
    00:15:18 — Scorecards: stop managing emotionally and start managing by the numbers
    00:18:35 — Why businesses hit the million-dollar plateau
    00:20:22 — The “more leads” trap and discovering a leaky sales funnel
    00:25:00 — Why business owners need other business owners around them
    00:34:33 — Solving your industry’s problems with another industry’s solutions
    00:38:09 — The idea that saved $40,000 and helped solve employee turnover
    00:44:56 — Tim’s disastrous first Valentine’s Day in the flower business
    00:48:00 — The realization that changed everything: “My time cannot scale”
    00:54:56 — Getting a return on the time you invest
    01:02:05 — Zombie Calendar Blocking: protecting the important work from everyday fires
    01:09:41 — Why Tim sold 40% of his company to a 20-year-old employee
    01:17:04 — Turning a future employee loss into a win-win ownership opportunity
    01:22:13 — Selling the flower business and suddenly having a 50-hour void
    01:25:00 — Why Tim created Service Catalyst for other service-business owners
    01:33:54 — “I thought entrepreneurship was a money game”
    01:35:00 — What business success means to Tim today
    HOW HEALTHY IS YOUR BUSINESS?

    One of the themes running through this entire conversation is that building a valuable business is about much more than revenue.How dependent is the company on you?How strong are your people and systems?How predictable are your financials?And if someone wanted to buy your business today, what would they actually be buying?I created a FREE Business Readiness Assessment to help you get an at-a-glance snapshot of where your business stands today and what may be driving — or holding back — its value.It isn’t a full business valuation. It’s a starting point.
    Take the FREE Business Readiness Assessment here:

    And I’ll include a free consultation with me so we can walk through your results together and talk about where your biggest opportunities may be.https://calendly.com/dpastor-streetsmartentrepreneurship/business-readiness-assessmentYou don’t have to be ready to sell your company to start building one worth buying.Build a business worth building, so you can live a life worth living.
    1 hr 52 min
  • Ep 42 "Making Mustard Modern: A Young Leaders Vision For A Century Old Family Business
    In this episode of Locally Owned, Dave interviews Luke Desmond, vice president of Weber’s Mustard, a fourth-generation Western New York family business. Luke describes growing up working on the production line as a kid, learning every step of making and shipping products, and later pursuing a biology degree and urgent care work during COVID where he documented over 15,000 patients and faced days of up to 300 patients per shift. After being accepted to PA school, he chose instead to join Weber’s, influenced by student debt concerns, the company’s legacy, and the possibility it would be sold. Luke shares family stories about early grassroots marketing, the company’s near-collapse after the founder’s stroke, and his parents’ revival beginning in 1997. He explains how he modernized Weber’s through a rebuilt e-commerce website, social media expansion, collaborations like a New York Chips flavor, sampling and promotion strategies to grow beyond Buffalo, and considerations for a careful rebrand while preserving the iconic identity.

    The 5 Mindset Shifts Guide to Building A Business That Runs Without You

    00:00 Luke Desmond
    01:17 Growing Up at Weber's
    10:28 Family, Loss, and Revitalizing the Company
    14:29 Choosing Between Medicine and the Family Business
    21:31 Taking the Leap into Weber's
    29:04 Modernizing Weber's: Website and Social Media
    35:27 Expanding Beyond Buffalo
    39:25 Rebranding and the Future of Weber's
    56:30 Lessons in Trust and Leadership
    01:01:20 Closing Thoughts and Where to Find Weber's

    Order Weber Products
    1 hr 12 min
  • Ep 41 The Customer Is NOT Always Right!
    The Customer Is NOT Always Right: The Real Origin of the Rule (And What to Use Instead) | Locally Owned

    In this mini episode of Locally Owned, the host argues that “the customer is always right” is misunderstood, explains its origins in the late 1800s/early 1900s as a marketing strategy to protect customers in an era of inconsistent goods and no return policies (often attributed to Marshall Field by 1905), and offers a better rule: “right is always right.” He shares lessons from running a service business, including a complaint-handling policy of empathizing first, giving a cooling-off window, investigating by talking with employees, and making things right only when a mistake actually occurred. He contrasts respectful, legitimate customers with those seeking freebies, encourages owners to stand their ground when needed, and urges businesses to create clear, company-wide policies for handling unhappy customers while giving both customers and employees the benefit of the doubt.

    00:00 Customer Always Right
    00:32 Show Welcome Update
    03:05 Rule I Disagree With
    04:05 My Better Rule
    05:46 Origins Of The Phrase
    09:41 Early Mistake Story
    11:45 Complaint Handling System
    14:47 Spotting Good Bad Clients
    19:15 Trust And Takeaways
    20:40 Policy And Wrap Up

    If you would like to be a guest on the show please email me at [email protected]

    Ranked #8 in Million Podcasts Top 100 Small Business Podcasts in the US
    https://www.millionpodcasts.com/small-business-podcasts/

    Ranked #5 in Million Podcasts Top 20 Main Street Business Podcasts in the US
    https://www.millionpodcasts.com/main-street-business-podcasts/

    Check out Million Podcasts here: www.millionpodcasts.com
    23 min
  • Why No One Wants To Dance With You
    2026 Q2 M&A Report: Why Buyers Are Growing but Deals Are Down (And How to Make Your Business Sellable)

    In this mini episode of Locally Owned for small to mid-sized business owners, the host breaks down insights from the 2026 Q2 M&A report: the buyer pool and the number of owners looking to sell are growing, yet overall purchases are down 10% from last quarter. With 10,000 baby boomers retiring daily—owning 12 million businesses worth $10 trillion and often lacking successors—the episode warns that businesses not built to sell risk going extinct as sophisticated, well-capitalized buyers avoid risk and demand verifiable books, SBA-loan qualification, and “earnings durability.” The host explains how rising costs are driving a 3% decline in both revenue and cash flow when owners absorb increases instead of pricing accordingly, and urges owners to get a professional valuation this week to understand where they stand and build an exit plan before the “silver tsunami” hits.

    00:00 Q2 M&A Wake Up Call
    01:09 The Ballroom Metaphor
    01:56 Boomer Exit Crisis
    02:58 Build To Sell New Normal
    05:08 Silver Tsunami Reality Check
    07:25 Crowded Buyers Picky Deals
    09:17 Earnings Durability Matters
    09:41 Pricing Power And Margins
    12:03 SBA Readiness And Leverage
    13:59 Winners Vs Marginal Businesses
    15:15 Get A Valuation This Week
    17:12 Final Call Ride The Wave
    19 min
  • Surrender to Success
    For most of his life, Jacob believed blessing could be earned.He grabbed. He negotiated. He outworked. He outmaneuvered. And by almost every worldly measure, he became successful.But it wasn't until he wrestled with God—and walked away with a limp—that he finally discovered the secret he'd been chasing all along.In this solo episode, Dave explores one of the most misunderstood stories in Scripture and what it teaches every entrepreneur about success, surrender, and trust.If you've ever felt like you're working harder than ever but still carrying the weight of your business on your shoulders, this conversation is for you.Because the greatest obstacle to God's work in our lives isn't a lack of talent or effort.It's the illusion that we can build the life we want without fully trusting Him.You may discover that what you've been calling success... God has been calling surrender all along.

    https://www.millionpodcasts.com/small-business-podcasts/
    https://www.millionpodcasts.com/main-street-business-podcasts/
    21 min
  • Ep. 38 New Normal - Start With The End In Mind
    Build a Sellable Small Business: Start With the End in Mind (Locally Owned Mini Episode)

    In this mini episode of Locally Owned, the host explains why selling a small business will eventually become the expected “normal,” much like cultural shifts toward safer, smarter standards over time. He argues that most owners build lifestyle businesses custom-fit to themselves—like prescription sunglasses—making them difficult to sell because a buyer can’t step in and earn the same without the owner. Using Stephen Covey’s “start with the end in mind,” he recommends filtering decisions through whether they make the company more attractive to a buyer, and outlines common obstacles: lack of knowledge, fear of delegating quality, not having guidance, and ego around asking for help. He compares building a sellable business to investing wisely in a 401k and promotes a webinar on five key mindset shifts to build toward a real sale on your terms.

    00:00 Mini Episode Setup
    00:50 Old Normals Story
    03:44 Selling Becomes Normal
    04:24 Lifestyle Business Trap
    06:44 Start With End
    07:32 Why Owners Avoid It
    10:12 Sellable Makes Better
    10:48 401k Business Analogy
    12:58 Desperation Vs Prep
    14:15 Webinar Invitation
    15:08 Final Mindset Push
    16:08 Closing Message
    17 min
  • Ep 37 The Business They Never Planned to Build
    In this episode of Locally Owned, I interview Jenise and Dell Burton, founders of SugarPlum Kids Spa and Salon in Trussville, about leaving a burned-out teaching career and a capped-out corporate IT path to build a kid-focused spa and natural hair salon. They share how fasting and prayer led to an unexpected business idea sparked by their five-year-old daughter’s request for a spa party, why they “moved in silence” before opening, and how their risk-taker/planner dynamic strengthened both their marriage and their business. They explain how the concept evolved from parties into a steady revenue model through kids’ natural hair services, why systems and culture matter for customer experience, and what they learned about hiring, leadership, and not letting fear stop the first step.00:00 Meet the Burtons01:06 Life Before the Leap02:05 Corporate Ceiling and Burnout07:01 Chasing Greater Together11:03 Dreamer vs Planner12:34 A Five Year Old Spark16:28 Prayer Fasting and Clarity19:31 What SugarPlum Kids Is25:00 Moving in Silence28:53 Finding the Right Location31:31 All Inclusive Spa Parties32:59 Parents Relax Party34:00 Target Market Word Mouth35:31 Business With Spouse42:05 Same Team Mindset43:26 Hardest Startup Season46:20 Systems Standards Culture47:56 Handling Crying Kids51:28 Hiring Leading Staff56:42 Owner Designs Experience58:32 Lessons Opening Day59:36 Where To Find Them01:00:23 Do It Dont Fear01:03:45 Final Wrap Webinar
    Webinar Registration Link: https://yourgoalmind.net/webinar-registration
    1 hr 6 min
  • Ep 36 Escape the Owner Trap: Build a Business That Runs Without You (Team & Systems Roadmap)
    Escape the Owner Trap: Build a Business That Runs Without You (Team & Systems Roadmap)
    The script uses an ocean undertow metaphor to explain the “owner trap,” where small business owners start with energy and simplicity but get pulled into doing technical work, admin/sales, and higher-level management all at once, becoming the bottleneck that causes many businesses to stagnate or fail. It argues most failures aren’t due to effort or talent but to not recognizing this cycle and the unsustainable load on the owner. The solution is a mindset shift from being the worker to building a company on teams and systems, hiring in the right order: first a technician (and document training), then a customer service rep to run the office, with the owner acting as operations manager. Next steps include hiring two outside sales reps to drive growth and later an operations manager, ultimately creating a business that can run without the owner and is more valuable to sell.00:00 Ocean Undertow Metaphor01:07 The Owner Trap Explained01:37 Sobering Failure Stats02:36 Day One Simplicity03:33 Reality Hits Fast06:20 Hiring Makes It Worse07:41 Three Jobs One Rope09:07 Mindset Shift To Systems10:16 The Unsustainable Cycle11:00 Build The Team In Order13:35 Stay In Your Lane15:36 Scaling Beyond The Trap17:01 Ocean Revisited Hope17:59 Don’t Stop Halfway18:49 Build A Sellable Business19:35 Final Challenge And Wrap
    Webinar Registration Link: https://yourgoalmind.net/webinar-registration
    22 min
  • Ep: 35 - Stop Settling: How Great Companies Find Great People
    Why Hiring Feels Impossible (and the Surprisingly Simple Fix) | Conner Klassen on Home Service Hiring

    The host of Locally Owned interviews Conner Klassen, founder of Home Service Hiring, about why local business owners struggle to find and keep good employees. Drawing from his upbringing in a family window-cleaning business and a year of 100% turnover, Conner argues the core issue isn’t a lack of good people but insufficient applicant volume and weak screening. He explains that hiring is sales—selling opportunity—and shares how social media ads can generate hundreds of applicants, shifting owners from desperation to selection. He emphasizes reputation and how businesses treat people, plus a vetting rule of “multiple people, multiple channels, multiple days” to uncover red flags early. Conner also shares lessons from repeated sales failures, outlines how his company screens applicants and provides a 45-day good-fit guarantee, and offers his book The Ten Hiring Sins.

    00:00 Hiring Myth Busted
    01:06 Meet Conner Klassen
    04:17 Turnover Wake Up Call
    07:20 Genius With 1000 Hands
    09:18 Recruiting Is Volume
    12:12 Good People Are Rare
    15:30 Define Your Ideal Hire
    17:23 Social Ads For Applicants
    20:20 Sales Nos To Lessons
    27:59 Reputation Recruits Talent
    32:08 Multiple People Days Channels
    36:31 Pre Interview Screening
    39:21 Gold Refining Analogy
    40:47 Boredom Needs Challenge
    44:57 Mentor Challenge Accepted
    47:45 Learning Facebook Ads
    50:01 From Skill to Business
    52:47 Courage Over Readiness
    55:14 Beyond Indeed Recruiting
    58:29 Weeding and Shortlists
    01:01:46 Good Fit Guarantee
    01:04:39 How to Work Together
    01:06:56 Host Closing Reflections

    Connect with Conner:
    Home Service Hiring
    https://homeservicehiring.com

    Need help figuring out the next stage of leadership in your business?If you've reached the point where you know more of the same isn't the answer, but you're not sure whether you need an office manager, operations manager, salesperson, or something else entirely, let's talk. Click the "Let's Talk" link in the show notes and schedule a conversation. I'd love to help you identify the next step toward building a business that can grow beyond you.
    Let's Talk:
    https://calendly.com/dpastor-streetsmartentrepreneurship/discovery
    1 hr 10 min

About Locally Owned

From the publisher's feed

Welcome to Locally Owned — We are the go-to podcast for small and medium-sized business (SMB) owners who want to master the art of goal setting and turn their visions into reality. Each episode dives…