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The Pivot & Profit podcast is all about coping with changes in life and business, and now Copeland and I have been thrown another curveball: I’ve been diagnosed with Hodgkin’s lymphoma. Join us on this episode as we discuss how we’re handling the impact on our lives and on our entrepreneurial journey.
Copeland talks about how he’s processing my diagnosis and how we’re adapting our businesses so that he can carry the load for a while. We discuss how I’m documenting all the parts of our pediatric childcare business that I carry in my head so that Copeland can manage for however long I’m out of the game. At the end of the episode, I get real and honest about how I feel about my illness and my fears for my family’s financial future.
As much as I hope that no-one else suffers like mine and Copeland’s family is suffering right now, I know that there are so many kinds of crises that can affect your entrepreneurial journey. If this is you, we’re thinking of you. I hope that this episode gives you some comfort in your time of need.
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An important pillar in my mini business empire is the laundry business I run with my husband Copeland that launders and dry cleans materials for nearby government facilities. Now on the one hand, having a government contract is a great business move because it’s stable income from a regular client. But on the other, it means that every time the government changes, your business has gotta change too! Join me and Copeland as we discuss what some of the new government regulations mean for our small business – and for yours, too.
As a business that was awarded ‘set aside’ contracts that were designated for women, minorities and veterans, the roll-back in DEI initiatives has been huge for our laundry business, and not in a good way. And that’s before we even start to talk about the fact that the government is now allowing contracts to go to businesses with racially segregated facilities! We also go into what the changes to the federal minimum wage mean for our small business that needs to attract and retain more employees than a larger facility would.
If you’re feeling these changes too in your business, reach out and tell us how you’re managing. Don’t forget to subscribe to the Pivot & Profit podcast to learn more about what it takes to manage a successful business.
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When I talk about making sacrifices for my business, I’m not just talking financially. Although I did make financial sacrifices too! No, what I mean is a sacrifice of time, energy, and, most significantly, relationships. It cost me a lot to get to where I am today and if this is where you’re at today, join me for this honest and deep episode of Pivot & Profit.
First I explain how my husband and I took out an SBA loan for our healthcare franchise and what it meant to us to use our family home as collateral on the loan. Then we discuss the other big sacrifices I made in my entrepreneurial journey: my first marriage and the friendships I lost so that I could invest my attention into growing my businesses. You’ll hear the lessons I learned to hard way about giving too much of your energy away to people who don’t understand what you’re trying to build.
If you’re ready for more raw and real conversations about business and entrepreneurship, subscribe to the Pivot & Profit podcast wherever you listen to podcasts.
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When I bought my laundromat business, I thought that once it was all modernized and refreshed, I was going to make passive income every month, sat at home on the sofa. What actually happened was that the refurbishments I made alienated my customer base and lost me money. But I turned it around by finding a new customer: the government.
In this episode of the Pivot & Profit podcast, I unpack how I got my first ever government contract, even though I was only a small local business. I tell you through the steps I went through to register my business to receive government contracts and the extra certifications I got that helped me to stand out from the crowd. If you’re a minority or a veteran, you’ll definitely want to hear that! I also share advice about how I earn contracts now and how I choose which expensive government contracting conferences will be worth my while to attend so I can get more contracts for my laundry business.
I hope that this episode inspired you to think of the government as a potential client for your small business! Don’t forget to download my checklist that’ll guide you through everything you need to know to register your small business to take on government contracts. And if you enjoyed what you heard, subscribe to Pivot & Profit to have every new episode sent directly to your podcast feed.
Connect with Priscilla Grant:
I might run a business that makes over $1 million a year, but that doesn’t mean it’s going the way I want! In this episode of Pivot & Profit, my husband Copeland and I sit down for a face-to-face discussion about what we each find challenging in our businesses and in our lives. If you’re a business owner who feels like you’re drowning under your responsibilities, this episode is for you!
For me, being an entrepreneur is like holding a mirror up to yourself to see your flaws, because they’re all going to come out in how you run your business. Today, Copeland and I talk about delegation, creating sustainable systems, balancing work and family, making time for each other, and what our goals are for next year. We also touch on our identities as business owners and our plans to create a community of successful entrepreneurs who are there for each other.
If any of our struggles resonated with you, we want to hear from you. How to you balance all the demands on your time? Where do you set your boundaries? How do you hire the right people for your businesses? Drop a comment and subscribe to Pivot & Profit to hear more about how Copeland and I make our businesses work for us.
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When I told you that Pivot & Profit was going to be about real conversations on business, I meant it. That’s why on this episode, I’m bringing in my husband and COO Copeland Grant to talk about how we manage being married and running several successful businesses together. If you ever thought about working with your spouse, listen to this first!
Copeland talks about his transition from hands-on worker with Delta Airlines to the COO of our shared businesses. We revisit some of the struggles we had bringing him on board and how we delegated our responsibilities. We also share our strengths and weaknesses as business owners and how we act differently in our businesses compared to in our marriage. Listen out for what we’re planning for the future and how we want to shift our dynamic going forward.
Have you tried to launch a business with your spouse? Or do you dream about it but you’re not sure it’s right for you? Subscribe to Pivot & Profit to get more conversations and advice about building a successful business from scratch, from someone who’s been there before.
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Back in 2020, my husband and I had some money set aside which we wanted to invest in a turnkey, light touch business that would make us money without too much effort from our end. So we did some research and got a seller financing deal on a local laundromat which we thought would meet our business goals and expectations. Big Mistake! Tune into this episode of Pivot & Profit to find out what we did wrong when we bought a laundromat and how you can do it better.
We talk you through how we set up our deal and the things we did research – and didn’t. You’ll hear us discuss how commercial leasing is different from residential leasing and where we should have done our sue diligence before signing the agreement.
Then we get into the daily realities of running a laundromat, from managing employees to
performing maintenance, and installing upgrades. At the end, we also give a breakdown of how much profit we made from the laundromat on a good month and you’re definitely going to be surprised by that! We found that ultimately, a laundromat wasn’t the right business for us. But if you think you can do it better then please learn from our mistakes!
Don’t forget to subscribe to Pivot & Profit to get more insights into everything it takes to run a successful business!
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Society has probably given you some messed up ideas of what success looks like. A lot of people think that success is how you look on the outside, the car you’re driving, and the purse hanging off your arm. I’m here to tell you that they’re wrong! In this solo episode of Pivot & Profit, I talk about what it actually means to create and run a successful business that will support your family for generations to come.
I made a huge business mistake which cost me a lot of money and I don’t want you to do the same, so listen and learn! Today, I talk about how I flipped my business mindset so that I can run a business with more profit and fewer costs. You’ll hear how to avoid making mistakes early on in your business and how to develop a healthy mindset that’ll make it easier for you to achieve your business goals and earn the money you deserve.
If my message hit home with you, subscribe to Pivot & Profit so that I can support you in your journey to becoming a better entrepreneur, whatever stage of business you’re at.
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When I tell people that I work with my husband, I get a lot of different responses. Some people love it, some people think I’m crazy. But the truth is that bringing Copeland into our businesses as a COO was one of the best things I ever did. However, it took a lot of work to get to where we are today, which is what we’re talking about on this episode of Pivot & Profit.
Copeland and I give the good, the bad and the ugly of running a business with your spouse. We share the context of how we started our own business in the first place and the changes that happened that meant that Copeland came on board. Then we unpack what we love about working together and the things that have surprised us along the way. You’ll hear us discuss our biggest disappointments and how we worked out our communication issues through therapy and practice.
Stay tuned to the end to hear out biggest pieces of advice to other spouses thinking about going into business together. You won’t want to miss it! Subscribe to Pivot & Profit Show to learn more about being partners in life and in business.
Connect with Priscilla Grant:
When I bought my laundromat business, I thought that once it was all modernized and refreshed, I was going to make passive income every month, sat at home on the sofa. What actually happened was that the refurbishments I made alienated my customer base and lost me money. But I turned it around by finding a new customer: the government.
In this episode of the Pivot & Profit podcast, I unpack how I got my first ever government contract, even though I was only a small local business. I tell you through the steps I went through to register my business to receive government contracts and the extra certifications I got that helped me to stand out from the crowd. If you’re a minority or a veteran, you’ll definitely want to hear that! I also share advice about how I earn contracts now and how I choose which expensive government contracting conferences will be worth my while to attend so I can get more contracts for my laundry business.
I hope that this episode inspired you to think of the government as a potential client for your small business! Don’t forget to download my checklist that’ll guide you through everything you need to know to register your small business to take on government contracts. And if you enjoyed what you heard, subscribe to Pivot & Profit to have every new episode sent directly to your podcast feed.
Connect with Priscilla Grant:
From the publisher's feed
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