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Bob Fish breaks down franchising, growth and more all from the world of coffee.
What's it like to move offices as a business owner?
It can be a pain - but it doesn't have to derail your business growth!
In this episode, Wayfinding Growth turns inward as co-hosts Remington Begg and Dan Moyle explore what it's like to move locations through the lens of Impulse Creative's move from Fort Myers, Florida to Babcock Ranch, Florida.
The Decision to Move
Impulse Creative held its last location in Fort Myers for 5 years. When Remington originally signed the lease, we had a 2-year extension option to stay at the current lease rate. That was the longest lease the company had in our history, with mostly 2 year leases prior.
At the beginning of 2019, Remington was planning to take advantage of the extension, but realized looking through the contract that there was a hidden caveat to the option: The landlord required a "Notice to Stay" 180 days (6 months) prior to the end of the lease.
Even as a leader who reads contracts, Remington missed this line.
So, with rates about to climb dramatically, he decided it was time for him and his co-founder, our COO Rachel Begg, to start looking for other options.
One factor that went into the move was how many team members needed full time headquarters office space. Impulse Creative had grown from a 1,300 square foot office to 4,000 square feet in Fort Myers, with the vision for 15-20 people working in-house. Instead, we've grown to 15 people with about half working remotely.
The Wayfinding Growth Lesson: The speed of business continues to increase and you have to be able to pivot.
Impulse Creative had to plan for flexibility and the ability to pivot. The 5-year plan 5 years ago has changed, including a 50% distributed team. So growth = fewer people in the office full time.
"One of the things we wanted to make sure we didn't do was to sign another 5-year lease. Not from a longevity point of view, but what are we going to hedge our bets against in the next 5 years."
How to Plan for a Move
A wise person once told Remington that when it comes to planning for your business, you should think, "What's the worst that can happen, and can you survive the worst?"
When it comes to any business decision and it's viable, and survivable, Remington says it's worth the risk.
To plan for the move, Remington and Rachel looked for the best way to mitigate risk, select a place that can grow with our growth but flexible enough to allow for our plans to come to fruition however they look.
Modern business has changed and Impulse Creative continues to adjust as needed. Remington even remembers when Mairsa Smith joined Wayfinding Growth on Season 1 Episode 4 to talk about the book Traction and setting a vision and goals for your business.
Listen to that episode here.
Setting goals strategically in manageable time frames with a plan to pivot when needed is key to purposeful growth in any business, including deciding when and if to make a move.
Remington's Navigational Tools
From reading to mastermind meetings to what he calls Podcast Roulette, Remington is always working to grow personally so he can lead the company well.
One focus for this CEO, which is part of how Wayfinding Growth will serve our listeners, is to look at parallel markets for inspiration.
Whether it's because your industry hasn't innovated lately, or because it's new and you're setting your own course, Remington suggests finding connections in other industries that have similar themes as yours, so you can find new and innovative ideas for your growth.
Be sure to subscribe to Wayfinding Growth for more insight into growing your business.
Listen every Tuesday morning at 6:00 on your podcast player of choice. If you learned something, please share with others. And if you love what we're doing, leave a review wherever you listen to Wayfinding Growth with Remington Begg and Dan Moyle.
We're Charting a New Course on Wayfinding Growth!On Episode 39, the season finale of our first season, we bring former guest Dan Moyle back for an exciting announcement!
Dan joined the Impulse Creative team on April 1, 2019 (no joke!). He's already a podcaster, and has been a podcast guest more than three dozen times.
On this episode, George and Remington reminisce about the start of Wayfinding Growth, the original vision, how it's gone, and what's next. What does that mean for season 2 and beyond? Well, it means Dan will join Remington as co-host!
But... What About George?! Don't worry. George is sticking around Impulse Creative. He isn't going anywhere! George now gets to focus on Sprocket Talk, HubSpot trainings, serving our clients, and other projects.
Dan joined the team and now he needs something to do!
What You Can Expect on Wayfinding Growth
Sure there will be some changes to the show with a new co-host. But isn't that what Wayfinding is all about? Guiding your ship and making adjustments as you see fit? You can expect the same with the show.
Our Mission: Wayfinding Growth is the go-to podcast to inspire Agency owners and leadership. “For better or worse, in richness and in want” may be for weddings, but it’s also for agencies. We will be your navigator in this journey, no matter your level.Vision: Wayfinding Growth brings listeners examples of tenacious, creative, inspirational business owners who have been through it all - and still walk through it. Listeners can see themselves in the guests and their stories, inspiring a desire to “make it” despite all odds. Mix in just enough authentic storytelling from leadership at Impulse Creative, and listeners will see what it takes to create a successful business.
So make sure you're subscribed to the show. Buckle up, we're in for an exciting journey!
In this episode of Wayfinding Growth, George B. Thomas and Remington Begg talk with Jay Acunzo about making smart business decisions. There are some mind-bending and blowing concepts covered in this interview. Take your business out of the world of opinion and into a data-driven decision world.
In this episode of the Wayfinding Growth podcast, Remington Begg and George B. Thomas recap the amazing UGC conversation they had with Tyler Anderson. They throw in a couple of their own tips as well as wax poetic on content in general.
In this episode of the wayfinding Growth sho, we talk to Tyler Anderson about User Generated Content. Tyler drops some great tips for brands who can and want to use UGC for their business and social media strategies.
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In this episode of the Wayfinding Growth podcast, Remington Begg George B Thomas dive into the 34th episode of the podcast.Remington talks about his feelings at the beginning vs how he feels about the show now.They quickly dive into talking about Joel Comm, his perception of himself and the points of view he brought to the table in last week's episode.Trivia Contents: Last week was the longest episode in Wayfinding Growth history.Last week’s episode was an amazing case study on how to be human and how to be comfortable being vulnerable.Remington brings up how thorough Joel Comm was with his answers as well as how some answers were almost against today’s grain.If you're ready to dive into growth the listen to this recap episode.
In this episode of the Wayfinding Growth show, we speak with Joel Comm about his new book The Fun Formula. This may be the most fun episode in the history of fun episodes. We also talk about the grind, the hustle, working smarter and much more.
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