EP:55 Five Forces

Force Factors That Drive Small Business

5

In this episode, a review of Porter’s 5 Forces and how they shape small business.  Which forces may be working in your favor and which forces are working against you and your small business like the force of a hurricane.  In this overview a look at each of the five forces and how they may apply in most any small business.  At any given time or another one of these may be driving business to or away from you, in either case, it’s good stuff to know and good business sense to employ. It’s hard work

 

-Miles

 

The Uber Lady Charlotte

The Uber Lady Charlotte

Interview with The Uber Lady Charlotte.

Uber Lady Charlotte
Uber Lady Charlotte

In this episode an interview with The Uber Lady Charlotte, she offers some insight into being an Uber driver and from the perspective of being a woman.  She’s on her hustle and grind, and has a big heart.  What it’s like to be an Uber driver, how she makes the most of her time and money by targeting everyone from “walk of shame” passengers to church goers.  Although she has a big heart, she puts up with no bullsh*t, and yes, she’ll still rate you 5 stars.  Uber Lady Charlotte also maintains a YouTube channel where she uploads everything from advice for Uber newbies to stories about her colorful days.  Her YouTube channel is interesting and funny with a bit of seriousness, luckily for passengers, she doesn’t take herself too seriously and enjoys what she does.

 

-Miles.

The GiG Economy. Hustle Money.

The New GiG Economy. What was old is brand new, again.

GiGs were typically the label musicians and other pay to perform types of self directed workers put on their jobs. GiGs are temporary, task based, no ties, reputation dependent and required a specialist of sorts to get it done.  GiGs sometimes require a mercenary mindset with the drive of a hustler.  There are no allegiances, honorary commitments, no bonuses (most times), no overtime, profit sharing… simply no frills.  Just do this task well, get paid move on to the next.

Traditional Underground GiG Economy.

GiG’s that have been around and will be around millenia after millenia…  DJ’s and Emcees, Catering, Personal Anything, Movers, Musicians, Dressmaking, Construction, Mechanics, Taxis, Painter, Artwork and the list goes on.  Now today we have Personal Coaches, SEO Marketers, Videographers, Web Designers, Publicists, Application Developers, Design Engineers, Uber Drivers and more.

As of late, the internet and apps have taken to breaking down old, established standards and filling gaps of up to date needs.  With access to online and the availability to create apps, the ability to teach yourself something new, adapt and offer a service regardless of how whether or not the old standards are met. The newest thing in the economy is the oldest thing, and that is the hustle mentality.  Taking on task based assignments for a fee. Clean, efficient and straightforward.  Best of all, how much success you have or money you make depends on how much hustle you have even more than ever before.  There are some caveats, taxes, insurance, and the investment of time and money.  Then there’s the regulators of course, better make sure you’re registered, licensed and so on where applicable.   Extras aside, people are making money in this GiG Economy, many out of losing their traditional jobs and now many that won’t go back to traditional work of trading hours for dollars.

-Miles.

 

 

Top Ten Small Business Rules

Top Ten Small Business Rules

Small Business Rules… Top Ten.

The Lost Episode. Episode 2.  Long winded -but good.

Top Ten Small Business Start-up Rules
Top Ten Small Business Start-up Rules

Top Ten Small Business Rules compiled from some successes, (I’ve had a few) some failures, (a few more of those) some consulting and watching others walk over a cliff.

If you’re thinking about getting into a small business or taking your side hustle to the next level, learn the rules of the game. Besides the ultra optimistic, deep seated confidence it’s going to take to get past the detractors and haters you’re going to need to keep it real with yourself.  These Top Ten Small Business Rules will help you focus on the important things that are easily overlooked when visionary ideas set in.

Smiles can't get bright enough when you open your own business
Smiles can’t get bright enough when you open your own business

As fate would have it of course, Stitcher was down for the next three to four days! this was damn near unheard of, I could just send the link to the blog page and that’s when I realized I was referencing a Podcast that had been recorded, published and never posted.  This top ten list is and essential list for anyone even considering going into small business.  At least five to seven of these things come up in every conversation I have with someone about getting started in small business.  I searched the web blog and the Stitcher page thoroughly more than once, and it wasn’t posted anywhere.  I can’t explain the amount of second guessing that came out of this. So even after the Stitcher site came back up… still no link to send. Dang.  Stayed up late to record this episode!

I didn't know what happened to this episode?
I didn’t know what happened to this episode?

Okay, here listed are the Top Ten Small Business Rules (and yes it’s actually episode 2).  If you aren’t focused on these, not to say you will fail, but you may damn sure have some serious bumps along the way.

Or, maybe I should put it this way, you don’t learn how to fight by taking punches to the face.

-Miles.

2016 From a Hustle to Small Business

2016 From a Hustle to Small Business

Take your hustle to the next level
Take your hustle to the next level

From Hustle to Small Business. Get Going in 2016

So, the new year is fully under way and you might have decided to make this “Your Year”.  This is your year to move from “Side Hustle” to a “Small Business”.  If that’s the case, just know that NOW is always the time to make things happen.  Once you get going with your small business you’ll figure that out right away.  On this episode I touch on few key things to keep in mind for taking the leap.  It takes some serious bravery and courage to come to the decision that you can make things happen yourself when everyone else is playing follow the leader.  Born leaders find they fit into these shoes quite comfortably, regardless of how many people warn them of how big and heavy these shoes are.

Beast Mode the Hustle
Beast Mode the Hustle

However, be not blinded by your own fervor or monies, due diligence is still a requisite practice as it relates to getting your finances in order, credentials and meeting regulatory mandates.  Don’t skip the business plan either no matter how difficult, no need in taking a long trip with no road map.  The more planning the better the possible outcome, and you understand possibilities over guarantees because that’s the nature of business.  Many folks are stuck on the fence and forever will be as they are waiting for some magical unicorn with a flashing sign stating “Guaranteed Success” before reaching out on their own, watch out for them, they’re a bit contagious.  A true entrepreneur probably won’t get caught in this pipe dream, especially one that has primed the market as a side hustle all along before leaping.

 

-Miles