As the holiday season approaches, it's time to reflect on the year’s wins and gear up for a strong finish.
In this week’s Business Brain newsletter, we’re sharing actionable insights to help you thrive.
From leveraging technology to streamline operations to strategies for optimizing year-end finances, we’ve got you covered.
Let’s dive in!
Weekly Episodes
Selling Is Not Enough + Year-End Tasks
Business Brain 606
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Best and Stupidest
Business Brain 607
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Mini-Lessons of The Week
🔹 Elevate Your Reselling Game with Community Engagement! 🔹
Entrepreneurs, listing your products isn't enough to stand out in today's competitive marketplaces.
Here are three tips to boost your presence and sales:
1️⃣ Get Involved in Community Sites: Platforms like eBay and Poshmark have community forums. Engage in discussions, share insights, and make your presence known. This builds your reputation and opens doors for opportunities.
2️⃣ Connect on LinkedIn: Reach out to executives and employees of the platforms you use. A simple message expressing your appreciation for their service can make you memorable. When opportunities arise, like media features, you'll be top of mind.
3️⃣ Attend Trade Shows and Meetups: Participate in events hosted by platforms like eBay and Poshmark. Networking in person can solidify relationships and provide insights that are not available online.
Tips · Business Brain
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Finance Tips
Year-End Finance Advice
1️⃣ Selling Isn't Enough: Listing on platforms like eBay or Poshmark is just the start. Get involved in the community! Engage with marketplace forums and connect with company execs on LinkedIn. When they know your name, opportunities (and sales) will follow! 🤝
2️⃣ Rethink Your Fiscal Year: Does your business year end in December? It might be time to reconsider. Talk to your accountant about shifting your fiscal year to align with your buying patterns. This could mean more strategic purchasing and better deals! 📅
3️⃣ Maximize Your Retirement Savings: If you're a solopreneur, consider a Solo 401k or SEP IRA. You can defer substantial amounts, reducing your tax liability now and saving for the future. Consult your financial advisor to see what fits best! 💰
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Business Brain Review
Tom hired Jack Tompkins after listening to BB 307
Fastenal
And ten more questions from ChatGPT
As 2023 wraps up, remember: your business's success starts with intentional actions and a resilient mindset.
Take the time to plan, adapt, and innovate—setting the stage for an even better year ahead.
If you found value in this week’s insights, share them with a fellow entrepreneur and help grow our community of thinkers and doers.
Stay tuned for next week’s edition!
Until then, keep your Business Brain engaged and ready for what’s next!
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Dave Hamilton & Shannon Jean
Business Brain
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