By Harmony Oswald and Ginny Townsend
4.6
55 ratings
The podcast currently has 48 episodes available.
What can you expect from this week's Think Outside the Bank episode?
This season is PACKED with actionable insights from start to finish. Make sure you don't miss an episode by subscribing!
Do you love what you learned today? Please consider writing a review - it will help other listeners find these episodes!
This season, Think Outside the Bank will be turning YOU into a highly fundable, savvy company - ready to VET THE LENDER! First, we’ll help to ensure your business is set up for success through de-risking and getting clear on the amount of funding you need. Then, we’ll explore various TYPES of funding such as SBA loans, used equipment funding, and business expansion funding. Finally, you’ll become EMPOWERED, learning how to vet the lender’s technology-efficiency rating, reputation, timeline, and more to carefully select a lender that WORKS for you.
You’re DONE gauging this elusive economy, and you’re READY to launch or expand your business right now. But, how will you fund this exciting new venture???
Great question! Business ownership in a competitive and fluctuating economy can be SUPER expensive, with only a small percentage of business owners reporting launch costs of less than $50,000.
That’s right- over 27% of small business owners report a hefty price tag of between $250,000 and $500,000 to get their company going. And those business owners were verrry savvy about what TYPE of funding to use, and how to VET THE LENDER, since all lenders are NOT created equal…
In business, it pays to know what you don’t know. This August, we’re launching Season 4 of THINK OUTSIDE THE BANK podcast - for small business owners looking to earn, protect, and attract more money into their companies- by playing smart, and VETTING THE LENDER.
This season, Think Outside the Bank will be turning YOU into a highly fundable, savvy company - ready to VET THE LENDER.
First, we’ll help to ensure your business is set up for success through de-risking, getting clear on the amount of funding you need, cleaning up your credit score, analyzing your debt to income ratio, time in business, and more.
Next, we’ll explore various TYPES of funding like SBA loans, leases, heavy equipment funding, used equipment funding, larger loans, business expansion funding, grants, and business plan competitions, to help narrow down what makes sense for you.
AND, you’ll become EMPOWERED by learning how to VET THE LENDER’s technology-efficiency rating, reputation, terms, fees, timeline, and collateral requirements to carefully select a lender that WORKS for you.
Think Outside the Bank is a podcast for small business owners, brought to you by lucy technologies. Empowering the Heart of America.
Have you heard the news? A recession IS ON THE HORIZON.
That’s right- it’s 2022, and small business owners everywhere have weathered a pandemic, a war in Ukraine, skyrocketing inflation, manufacturing shortages, and what’s next? A recession???!!!
Don’t be fooled - this recession is an OPPORTUNITY you won’t want to miss.
Welcome to THINK OUTSIDE THE FIRM - a podcast for small business owners looking to earn, protect, and attract more money into their businesses regardless of the economy by creating strong, thriving, recession-proof companies. In fact, did you know that companies like Airbnb, Trader Joe’s, and Disney were launched during recessions? In business, it pays to know what you don’t know!
This August, Think Outside the Firm will have you proclaiming, “Thank God it’s a recession!” as we share how choosing the right type of business, building a strong team, taking risk reduction measures, adopting efficient systems, creating multiple revenue streams, modifying offerings, and most importantly- properly handling funds will help your business to thrive in a recession and beyond.
Think Outside the Firm is a podcast for small business owners, brought to you by Legalucy. It’s a jungle out there, but legal doesn’t have to be.
Exactly.
brought to you by: https://legalucy.com
Especially at this point in history, employers need to be at the top of their game to attract and retain top talent.
One critical component of "being on top of your game" that many business owners overlook is having a smart succession plan in place.
If you're wondering, "What is a succession plan?" or "How can a succession plan help me build my dream team?" this episode so was made specifically for you!
Join us as our expert guest Jonathon Angell as we dive into this powerful topic.
Want to discover a bevy of other resources for YOU, the small business owner? Check out:
Legalucy.com
MyPandemicProofBusiness.com
ThinkOutsideTheFirm.com
Don't miss a single episode! Click HERE to subscribe today!
As we're in the middle of the Great Resignation, many small business owners are asking themselves, "Can I even compete against the high-salaried positions larger firms are offering?" or "Why should I even get attached to my best employees if they could be recruited out from under me at a moment's notice?"
If you've asked either of those questions, you're not alone! Many small business owners are wondering what they can do to compete with "better" offers and retain their key players.
In today's episode, we're talking about a little-discussed BUT wildly important topic of great management as being a powerful differentiator in the employee landscape today.
People love working for great people! And with just a bit of work, we can ALL be excellent managers and leaders for our teams.
Did you know that research shows more employees would prefer recognition over a pay raise, promotion, or many other benefits?
It's true! And as we know, the Big Quit (or the Great Resignation) or 2021 isn't slowing down. If you're looking to attract and KEEP your dream team, recognition is something to seriously consider.
In today's episode, we unpack what a recognition program is (Spoiler: it doesn't need to be complicated or expensive!) and how to maximize it to let your employees know how much you value them and encourage or incentivize excellent expectations.
Our favorite definition of a reputation, or brand, comes from Jeff Bezos: "Your brand is what people say about you when you are not in the room"
Looking through this lens, it makes complete sense that your brand (what people are saying about you) plays an ENORMOUS role in attracting and keeping your dream team.
In today's episode, we dig deeper into this topic with Katie McConnell Olson, Founder and CEO of Hire Education Consulting Group.
You've probably heard about The Great Quit that's currently happening in today's economy. Employees are quitting their jobs at a scale we've never seen before.
And as you know, your all-star employees are your best assets. So with all of this in mind, how do you keep your all-stars on your team?
How do you minimize the risk of The Big Quit affecting your business and bottom line?
If you're at all concerned about this, today's episode was created with you in mind!
Listen now to learn more from Guillermo Borges, a Silicon Valley technologist passionate about creating a simple to use product to help employers collect feedback, and inevitably, build their dream team!
Want to discover a bevy of other resources for YOU, the small business owner? Check out:
Legalucy.com
MyPandemicProofBusiness.com
ThinkOutsideTheFirm.com
Don't miss a single episode! Click HERE to subscribe today!
Are you looking to expand your team and are wondering about how salary will fit into the mix? Is it the true bottom line or is there more to it?
If you've asked either of these questions, today's episode was made especially for you!
Want to discover a BEVY of other resources for YOU, the small business owner? Check out:
Legalucy.com
MyPandemicProofBusiness.com
ThinkOutsideTheFirm.com
Don't miss a single episode! Click HERE to subscribe today!
The podcast currently has 48 episodes available.