Podcast Episode 15: Crash and Learn with Patty Palmer

Crash & Learns are where I interview an entrepreneur about a time that they probably don’t want to talk about – a total business failure.

This week, I’m talking with Patty Palmer, whose business offers hundreds of art lesson plans and videos, one online art school and three online art classes a day.

Listen in on Episode 15 and you’ll learn

  • How failure is the only thing that forces you to grow
  • The importance of a strong positive mindset that allows you to accept your failures and move on
  • THe importance of adaptability
  • How to minimize the effects of failure by knowing your customers
  • The power of letting your business develop organically
  • Knowing your customer and reaching out to them for feedback and receiving it every step of the way

Join my Ready Aim Empire tribe to find incredible insights from other entrepreneurs and share your own takeaways!

With grit + gratitude,

Lisé

Podcast Episode 14: How do I finance my startup, launch, renovation, move, or other way to better my business?

Today we are talking about something that makes most people cringe- finding capital for your business. You know what I’m getting at- loans. 

They can be confusing.

The options can seem overwhelming. 

The fine print? Forget it.

Yet it can also be the greatest asset to boosting your business.

We all know that figuring out where to get the capital you need for your business can seem daunting but until money starts to fall from the sky {and wouldn’t that be awesome?} it’s an area you definitely want to know how to navigate.

When my husband and I looked at getting our first financing for our brick and mortar businesses, believe me, we had our moments of questioning if this was the right decision.

You know that feeling you get when you ride a roller coaster? It was kind of like that. However, I knew something  very important: there is such thing as good debt. The kind of debt that can help leap you from where you are now to where you want to be and in a way you couldn’t do otherwise.

When you look at it as a benefit to your business the process can be {dare I say} fun. I told you, I’m a total numbers nerd.

Listen in to Episode 14, where I break down all things capital for you: 

  • More about the loans process and why credit cards are not the best way to go
  • What is a confused interest rate, and how interest rates work
  • What is collateral and how does it work?
  • The elements of a loan repayment schedule
  • What is a pre-payment penalty?
  • What are the types and elements of SBA loans?
  • The pro and cons of leasing
  • The differences between bank loans and private loans

Join my Ready Aim Empire tribe to find incredible insights from other entrepreneurs and share your own takeaways!

With grit + gratitude,

xo Lisé

Podcast Episode 13: How do I pay my team {so I can actually make a profit}?

There’s a really scary mentality that most entrepreneurs have when it comes to hiring a team.

The money.

Business owners believe that if they are compensating a team, that means less money for them.

This could not be further from the truth.

Here’s how I look at it –

What is my currently hourly rate or what do I presume it to be and can I hire someone at less than that to do this job?

And I actually have 7 major compensation plans that will make it a lot easier for you to swallow bringing on some part-time help:

  1. Straight Salary/Project Based
  2. Hourly
  3. Flat Commision Per Sale
  4. Commission on Net Revenue
  5. Commission on Overall Revenue
  6. Balloon Bonus at Certain Marker
  7. Tiered Commission Based on Gross Revenue

If you want to learn how to implement any of these for your business, listen in to Episode 013, where I share with you the pros and cons of each.

In this episode, you’ll learn:

Join my Ready Aim Empire tribe to find incredible insights from other entrepreneurs and share your own takeaways!

With Grit + Gratitude,

Lisé

Podcast Episode 012: Crash and Learn with Alia Khan

Crash & Learns are where I interview an entrepreneur about a time that they probably don’t want to talk about – a total business failure.

This week, I’m talking with Alia Khan, former corporate attorney, real estate, food blogger and now turned yoga studio owner, who has experienced so much success in a variety of businesses. Alia takes us through her journey to break out of the golden handcuffs and live life on her own terms.

Listen in on Episode 12 and you’ll learn

  • How being comfortable doesn’t necessarily mean you are happy {and how to figure out where to go from there}
  • How to stop “trying stuff” and to start doing stuff
  • Why you have to be prepared to fail

Join my Ready Aim Empire tribe to find incredible insights from other entrepreneurs and share your own takeaways!

With grit + gratitude,

Lisé