On episode 334 of Business Insanity Talk Radio, we first tackle what it really means to be an entrepreneur. Who are the real entrepreneurs and what does it take to be a successful one? Next, we discuss the growth of women owned businesses in the United States – you won’t believe some of these numbers! We are also going to talk about how to get your fair share of business with the federal government. Finally, how do you get a mortgage if you are a small business owner and don’t have a W-2? We have the answer.
Listen and enjoy:
Segment 1: John Frazier is a former small business lender who helped foster the U.S. Micro Lending Program and former chairman of a public tech company, who has worked on advocating entrepreneurship and innovation on a global level for over 20 years. His popular NBC News Talk Radio Show–BizBuzz Florida–was a game changer, hailed as “a mentoring program on steroids.” John is working on the launch of a new entrepreneur TV talk show–BizBuzz America–to debut later this year.
1:56 – The term entrepreneur has been hijacked as a Silicon Valley narrative. Why?
3:01 – John’s definition of “entrepreneur” and the myths for what it takes to become one.
5:24 – Whystorytelling will be the biggest business skill of the next five years.
6:02 – What’s special about Gen X entrepreneurs?
7:00 – Do shows like “Shark Tank” and “The Profit” help or hurt millennial entrepreneurs?
Segment 2: Julie Weeks is the American Express OPEN Research Advisor and President and CEO of Womenable, a for-profit social enterprise that works to enable women’s entrepreneurship worldwide by improving the laws, policies and programs that support women’s enterprise creation and growth.
15:12 – Why are more and more women starting businesses?
16:09 – What attracts women to starting a business?
17:15 – The two trends that stand out over the past generation of women entrepreneurs.
18:03 – How are women owned businesses in Illinois doing compared to other states?
18:55 – Where can women starting a business go for support?
19:58 – Are women’s motivations for starting a business similar or different than those of men?
21:35 – Who are the best role models for women entrepreneurs?
23:50 – What is Womenable?
Segment 3: Julie Weeks continued…
31:08 – What are some of the biggest mistakes that small businesses make when doing business with the government?
32:57 – How are RFPs for the government different than for the private sector?
34:11 – Are small business certifications an advantage when doing business with the government?
35:22 – What are some certifications that small businesses can get to stand out from the crowd?
36:10 – The opportunities and challenges with being a federal contractor.
Segment 4: How to Get Unstuck
41:00 – Do any of these sound familiar? If so, you may be stuck.
42:01 – How you can start getting unstuck today.
45:59 – Special offer code.
Segment 5: Michael Slavin has over 13 years of experience in private capital markets including real estate development, real estate debt investment, and private equity. In 2011, he founded Privlo with the goal of redefining the mortgage industry by building a company that lends the “right” way.
50:02 – Why do lenders have a hard time giving someone a mortgage without a W-2?
50:42 – How does your platform make getting a mortgage easier for small business owners?
51:28 – What would this cost a small business owner?
51:48 – What’s the biggest thing banks miss when looking at small business applicants?
