Growth & Strategy Episodes

Could understanding the difference between business and personal credit be the game-changer your business needs? In this episode of Things Entrepreneurs Should Know, I unravel the essential steps to building robust business credit. We kick things off by exploring why separating your business and personal finances is crucial, followed by practical advice on registering your business, opening a business bank account, and obtaining a DUNS number (get yours here). We’ll also dive into the importanc...

Ever wondered why some entrepreneurs seem to sail effortlessly towards their goals, while others keep treading water? It's all tied to an intriguing blend of motivation, focus, drive, and a sprinkle of something we'll call grace. In this episode, we pull back the curtain on the science of achievement to reveal three key steps that can pave your path to success. We also delve into a surprising research study that reveals a simple trick which could double your chances of transforming your business...

[ORIGINALLY AIRED AUGUST 3, 2022] Strapped for strategies to keep your business afloat during these tumultuous times? Imagine if you could have a roadmap to deftly navigate the stormy waters of economic downturns. In this episode of Things Entrepreneurs Should Know, your host, Chip Schweiger, provides just that. He shares five invaluable pieces of wisdom that gleaned over his years advising entrepreneurs. We discuss smart staffing strategies, the importance of turnarounds, and the value of consi...

Ever wondered how to build a business that’s designed to sell and deliver consistent customer experiences? Join Chip Schweiger and unravel the secret that successful businesses swear by - Standard Operating Procedures (SOPs). This is the first episode of a two-part series where Chip discusses the instrumental role SOPs play in structuring businesses and the power they possess in guaranteeing happy customers and more entrepreneurial freedom. Listen in to understand how SOPs minimize time spent pr...

Are you an entrepreneur or business owner with too much on your plate? If so, you need to discover the secrets to delegating effectively to free up your time! In this week's episode of the show, we'll be exploring the four degrees of delegation where you'll learn the key strategies entrepreneurs and business owners can use. And Chip reveals the "Yes or No Question" that can help you delegate successfully and unlock greater success for your business. What to listen to next: Episode 22 - Why Cas...

No matter what business you're in, pricing is always a key consideration. But when it comes to an inflationary economy, pricing can be especially tricky. There are countless factors to consider, from regulatory compliance to supply and demand. In this week's episode Chip outlines some of the most important considerations when setting prices for products and services. You'll learn how to price your product or service so that you can win in a competitive market and industry! We all know that...

While taking time off from work is often much-needed to get away from a hectic work life, research also shows that it is important for your health. Whether you have three days, one week or two weeks of glorious vacation time, doctors say that if you don’t take advantage of this break from work, your stress and mental health will suffer. But for today's entrepreneur, it can be tricky. Between when and how you should take time away to your employees knowing your company’s philosophy on taking v...

If you were to draw a picture that visually represents your role in your business, what would it look like? Are you at the top of a traditional Christmas-tree-like organizational chart, or are you stuck in the middle of your business, like a hub in a bicycle wheel? As anyone knows who's tried to fly United when O’Hare Airport has been hit by a snowstorm, a hub-and-spoke model is only as strong as the hub. The moment the hub is overwhelmed, the entire system fails. Acquirers generally avoid...

Success. Wealth. Achieving our goals. The most successful among us do certain things and act certain ways that helps them be successful. If you’re an investor, or aspiring owner, or an industry insider you’ll likely get value out of this week's discussion. But in this week's episode, Chip speaks to the CEO about the three things successful business owners do differently. Follow The Entrepreneur's Accountant on Instagram for bonus content and tips to grow your business, and join our community ...

If you want to run your business rather than having it run you, you should look at the ratios we call key performance indicators or KPIs. Just like baseball’s leadoff batters who measure their “on-base percentage” or doctors who measure their progress in curing diseases by improving the infant mortality rate, you can harness the power of these KPIs in your business. And, the more valuable and profitable your operation becomes. So in this week's episode, Chip talks about the seven KPIs you sho...

If your business offers a service, or a product that you differentiate through a higher level of service, you were probably disproportionately impacted by the economic disruption caused by the coronavirus pandemic. While consumers were (and still are) cutting back on services to avoid human contact and conserve cash, we are still buying products that solve a specific problem. So, this week's episode talks about why productizing your service offerings is so important for growth, and eight steps ...

Tired of the stress of cash flow problems, lumpy budgets and staying awake at night wondering how you'll pay the bills? Well, what if there was a way to solve those problems and grow your business at the same time? Would you be interested? If so, this week's episode is for you. We'll talk about the magic of recurring revenue, 3 reasons having it is so critically important for your business, and 7 ways to get it. And be sure to check us out at www.TESKPod.com for bonus content and other tip...

Most every entrepreneur I know wants to eventually cash out and take their chips off the table. And, whether you're thinking about doing that in the short-term or quite a ways down the road, this episode will give you three compelling reasons why you should look at getting your books and records in order sooner rather than later. Plus, I throw in a fourth, bonus consideration. So, check it out. It's less than a ten-minute investment of your time, that can pay huge dividends later. And, be sure ...