Listen to “#644 Financial Trends Reveal Promising Opportunities for Small Business” on Spreaker.
On this episode of The Small Business Radio Show…
SEGMENT 1 with Brodie Oldham, starting at 0:00: What are the latest financial trends in the economy and how does this impact small business owners?
SEGMENT 2 with Jessica Williamson, starting at 19:30: During this almost post-pandemic world, a lot of people are changing what they think success is. How can small business owners redefine success for themselves so they can live their dream lives?
SEGMENT 3 with Ana Santiago, starting at 38:15: Many of us started working remotely in March of 2020. But there was an entire of economy of remote workers and virtual assistants for many years before the pandemic. Now that small business owners’ eyes are opened to the power of remote work, how can they now take advantage of hiring virtual assistants?
More on each segment below.
Segment 1: Brodie Oldham is the Sr. Director of Analytic Consultancy at Experian Business Information Services. He leads a team of statistical consultants with diverse skills to provide small business and commercial service providers with leading edge analytic-driven information solutions.
1:30 – Accelerated consumer spending helps small businesses pivot from survival to growth mode.
4:15 – Is inflation a concern for the economy and small businesses?
5:30 – Why is it difficult for businesses to find people right now? What can they do to attract employees?
7:45 – The end of government stimulus signals opportunity for lenders, and small business delinquency rates continue to decline even as commercial credit originations return to pre-pandemic levels.
10:00 – Rent moratoriums are ending. What does this mean for small businesses, landlords, and banks?
11:15 – Fraudsters are refocusing on small businesses as targets.
13:00 – What’s in store for the economy in 2022 and how should small business owners prepare?
Segment 2: Jessica Williamson is an entrepreneur and a certified, award-winning mindset and business coach, located in Perth, Australia. Over the last five years, Jessica has been able to transform her life from being overworked, burnt-out and working full-time while running her businesses on the side, to now achieving a successful work-life balance. Her mission is to help other female entrepreneurs to unleash their potential, so they reach their goals to live their dream life. Free workbook for overcoming limiting beliefs
19:30 – The pandemic has prompted people to redefine what success means to them.
23:45 – Asking yourself “why” is a powerful question to help you define success.
26:30 – Your definition of success can change over time. Decide what it means to you now.
29:45 – How do you avoid comparisons when determining what success means for you?
33:45 – How to create a money mindset.
Segment 3: Ana Santiago is the current COO of Outsource School and has been working remotely for 10 years. She lives in the Philippines and regularly speaks about her experiences helping companies to efficiently operate and grow with 100% remote teams.
38:15 – How do you decide what to outsource first?
40:45 – What’s the benefit of hiring a virtual assistant vs. a personal assistant?
42:00 – What ar e the best tasks to give virtual assistants?
44:00 – What’s the difference between virtual assistance and freelancers that you might find on Upwork?
45:30 – Should you hire 1 virtual assistant for everything or multiple virtual assistants for each task?
46:30 – What can you do to ensure the success of your virtual assistant?
48:00 – Can virtual assistants be customer-facing? Does the time difference or language barrier matter?
