Listen to “#593 Take the Stress Test to See If Your Small Business Can Survive the Pandemic” on Spreaker.
     

 

On this episode of The Small Business Radio Show…

SEGMENT 1, starting at 0:00: There is no doubt that this pandemic will stress every small business in many ways. How can you figure out if your company will be one that survives and thrives? Here to share the stress test for your business is long-time entrepreneur Jay Goltz.

SEGMENT 2, starting at 18:15: To say that these are turbulent times is an understatement. In addition to the Covid19 pandemic, protests erupted from the murder of George Floyd by a Minneapolis police officer. I have not said much about this on social media, but many people and brands have. Here to help us sort out how to handle this is John Lawson is the “go-to” authority when it comes to online selling success in the Digital Age.

SEGMENT 3, starting at 38:15: Staying in and social distancing have put a strain on many relationships. Many forecasts predict that when this is all over, divorces will be up and new births will be way down. Here to share her expertise and insight on love and law gained from her decades-long career as a divorce lawyer and wife is Leslie Montanile of the law firm Hausner & Montanile.

Sponsored by HR Direct and Nextiva

More on each segment below.

 

Segment 1: Jay Goltz started a picture framing business right out of college, a decision that was not the conventional wisdom of the times. The business grew quickly, and before long was twenty times the size of the average frame business, making it the largest in the country. Jay is the owner of Jayson Home and Artist Frame Service. His first book is “The Street Smart Entrepreneur: 133 Tough Lessons I Learned the Hard Way” which has been translated into three languages.

1:30 – These are certainly stressful times for small business.  Is this different than the four other recessions you have been through?

4:00 – Advice for entrepreneurs for surviving and thriving during an economic downturn.

6:15 – What adjustments have you made in your business?

8:00 – The stress test to determine if your small business can survive this pandemic.

11:00 – How can small businesses negotiate with their landlords for better prices on rent?

13:30 – Do small business owners now have the leverage to upgrade their talent?

14:30 – As a small business owner, should you be making a statement on social justice issues?

Segment 2: John Lawson is the “go-to” authority when it comes to online selling success in the Digital Age. Not only is he the brains behind the bestselling digital marketing book on Amazon, “Kickass Social Commerce for Epreneurs,” but he is also a multiple award winning social commerce strategist, uber successful digital entrepreneur and a sought-after speaker who has traveled to 5 continents, touring more than two dozen countries and addressing tens of thousands of business leaders and entrepreneurs.

18:15 – Do we have to choose sides?

22:30 – Was the injustice with George Floyd different than past injustices? How so?

25:00 – What can the Non-African American population do to support African Americans?

27:00 – Should small business owners make statements about the Black Lives Matter movement?

31:00 – What is the next step forward in making change?

34:00 –Why is the US in its current poor situation with the coronavirus crisis?

Segment 3: Leslie Montanile is partner at the law firm of Hausner & Montanile. She dedicated her legal practice to helping women stuck in horrible situations, effectively navigate their divorce, and achieve financial independence.

38:15 – Due to the pandemic, our personal and professional lives are no longer separated. Is this a hindrance for our relationships with our spouse, or an opportunity? Did the quarantine order cause a spike in divorces?

41:45 – If your relationship with your spouse is feeling strained right now, what’s the first thing you can do to hopefully relieve some of this tension?

43:00 – How much will a divorce from your spouse affect your business?

47:15 – Advice for entering into a prenuptial agreement with your future spouse when you have a family business.

50:30 – Why it’s so important to hire quality legal counsel before marrying your future spouse.

Sponsored by HR Direct and Nextiva