• The Value of Focus: Why Small Business Owners Should Avoid Spreading Themselves Thin

  • Jun 15 2023
  • Length: 42 mins
  • Podcast

The Value of Focus: Why Small Business Owners Should Avoid Spreading Themselves Thin

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  • Summary

  • Marley Majcher, the profit goddess, shares her journey of going from failing restaurant owner to successful event planner, emphasizing the importance of avoiding spreading oneself too thin and pivoting in business to increase profitability. In this episode, you will be able to: Embark on an illuminating exploration of entrepreneurial adventures and impactful lessons. Realize the critical role of hands-on business skills and generating profits for sustainable growth. Learn to unlock doors to exclusive clients, impressing even top celebrities. Master balancing multiple responsibilities and utilizing strategic pivots to revolutionize your business. Comprehend vital legal factors for entrepreneurs, particularly in crafting fail-proof contracts. My special guest is Marley Majcher Get to know Marley Majcher, an inspiring entrepreneur who began her business journey at the tender age of four by selling Shrinky Dinks in her neighborhood. Marley had her fair share of struggles in balancing her business degree with the practical aspects of running her own restaurant. However, her perseverance and determination led her to establish her own event planning company, The Party Goddess. As a successful businesswoman, Marley is well-versed in the importance of avoiding overextension and recognizes the power of adapting to changing circumstances in business. She even penned a book, But Are You Making Any Money?, as a testament to her journey and the lessons learned along the way. The Importance of Tight Contracts Protecting the interests of a business through well-crafted and comprehensive contracts is essential, especially for small business owners. A solid legal agreement minimizes the risk of disputes and potential legal issues, ensuring both parties have clear expectations and responsibilities. Working with experienced legal counsel to develop and review contracts can save costly headaches down the road. Marley Majcher shared a lesson learned from a challenging client experience that resulted in a lawsuit due to the lack of a tight contract. This experience reinforced the value of having proper legal agreements and counsel in place to safeguard her business. Marley's example serves as a powerful reminder for entrepreneurs at all stages to invest in strong legal protections. The Importance of Tight Contracts Protecting the interests of a business through well-crafted and comprehensive contracts is essential, especially for small business owners. A solid legal agreement minimizes the risk of disputes and potential legal issues, ensuring both parties have clear expectations and responsibilities. Working with experienced legal counsel to develop and review contracts can save costly headaches down the road. Marley Majcher shared a lesson learned from a challenging client experience that resulted in a lawsuit due to the lack of a tight contract. This experience reinforced the value of having proper legal agreements and counsel in place to safeguard her business. Marley's example serves as a powerful reminder for entrepreneurs at all stages to invest in strong legal protections. Connect with me here: https://www.facebook.com/clicksandbrickspodcast/ https://www.twitter.com/ https://www.linkedin.com/in/clicks-and-bricks-podcast-308862226 https://www.youtube.com/c/ClicksBricksPodcast https://www.youtube.com/c/ClicksBricksPodcast https://clicksandbricks.tv/
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