This is 'Entrepreneur's Edge' -  a Norhart podcast. In these episodes, we aim to help budding entrepreneurs on their journey to success, with tips, advice and fun along the way.

Summary
In this conversation, Mike Kaeding interviews Dai Manuel, a former partner and CEO of a multimillion-dollar retail company, about the challenges of scaling a small business. Dai shares his experiences and lessons learned in scaling up his business, including the importance of solving systems and infrastructure issues to maintain productivity. He discusses the challenges of expanding too quickly and the need for careful market research and lease negotiation. Dai also highlights the significance of inventory management and the impact of marketing and targeting the right customers. He emphasizes the importance of finding and retaining the right team and trusting the mentorship process for personal and professional growth.

Takeaways
Scaling a small business requires solving systems and infrastructure issues to maintain productivity.
Expanding too quickly can lead to challenges in inventory management and cash flow.
Market research and lease negotiation are crucial when choosing the right locations for expansion.
Marketing and targeting the right customers is essential for success.
Finding and retaining the right team is key to scaling a business.
Trusting the mentorship process can lead to personal and professional growth.

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