5 Major Challenges For Small Business Owners

In this episode of Grow Business Podcast, Cory Mosley and Lon Graham, dive into today’s most pressing business growth challenges and strategies.

They start with light-hearted banter about espresso before launching into a conversation packed with actionable insights for entrepreneurs.

Key topics include navigating economic uncertainty, building customer loyalty, adapting to new technology (especially AI), and tackling talent acquisition in the age of remote work.

The episode also explores the importance of scaling strategically to ensure sustainable growth.

Topics Discussed:
-Economic Uncertainty: Why it’s essential to understand your position in the business landscape and how financial foresight can help you prepare for market shifts.
-Technology in Business: How innovations, especially AI, are transforming operations and what business owners need to know to stay competitive.
-Customer Loyalty Programs: Strategies for building lasting customer relationships that can support long-term growth.
-Talent Acquisition & Retention: Adapting hiring practices for a remote or hybrid workforce and building a culture that retains top talent.
-Scaling for Growth: Tips on the gradual process of scaling up with strategic planning, operational efficiency, and leveraging growth opportunities.

Milestone Celebration:
A big thank you to our listeners! This episode marks our 50,000 downloads milestone—a true testament to the value of our community and the insights we share together.

Key Takeaways:
-Strategic positioning is crucial for weathering economic uncertainty.
-Technology and AI can be valuable tools for staying competitive.
-Customer loyalty programs are a strong foundation for sustainable growth.
-A flexible, culture-focused approach is essential for talent acquisition and retention.
-Scaling requires thoughtful, strategic planning and a focus on operational efficiency.

Resources Mentioned:
Positioned for Growth™ by Cory Mosley, available on Amazon
CoryMosley.com for autographed copies

Call to Action:
Subscribe to Growth Business Podcast for your weekly dose of growth strategies, and don’t forget to rate and review us if you’re finding value! Share with fellow entrepreneurs who could use a boost in their growth journey.

Join Us Next Episode:
Stay tuned as we dive into the next phase of growth strategies and actionable insights to fuel your business success!

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Disclaimers: https://corymosley.com/disclaimers/

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