HOW TO 10X Your MINORITY-OWNED BUSINESSES w/Government Contracting!

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Episode 107 | @tiffanylatoi 🔥🔥🔥 https://certifymybiz.com

Timestamp
0:00 - Introduction
2:26 - talk about certify my biz
3:42 - back story
5:47 - Pharmaceutical sales rep
6:47 - what made you start a transportation company
7:22 - FedEx routes - how much did you pay for those routes
10:27 - do you have a relationship with the contractors and then you broker out the work together
11:17 - middle woman
11:40 - how did you learn that type of business
12:50 - what type of certification did you get'
14:24 - Talk about the process of getting certified
16:21 - minimum criteria in order to be certified
19:39 - in different states between North Carolina and Indiana are they any difference
25:27 - what type of businesses are best for these types of contracts
27:08 - how long does it take to get the government certified
28:00 - people could differentiate your business
32:53 - is there any particular certification you would like to cater to that you prefer over others
36:47 - once you become a contractor are you guaranteed work
37:50 - does the certification expire once you become a contractor
38:10 - is the renewal a difficult process?
41:50 - free up your hands-on time a little bit
44:36 - are there any downsides for government contracting
46:38 - are there any resources for funding businesses
50:04 - what is the frequently asked question that you get about government contracting
51:44 - where do you find people have more success - when people work for themselves or when they subcontract the work
53:48 - scary stories about sub
55:12 - do the subs even know if its a government contract or not
59:40 - final thoughts and where to connect

What If I told you that each year the federal government awards about 500 Billion dollars in set-asides for small businesses?

What If I also told you that it was the law for them to spend a percentage of that budget with minority-owned businesses.

Although you may have heard these stats before, Unfortunately, opportunities are still being left on the table!

According to Forbes Magazine, Black Women are the fastest-growing segment of entrepreneurs, ironically, they are also making the least amount of money.

How Sway?

Tiffany Latoi is a serial entrepreneur who has dedicated herself to changing that staggering statistic by introducing small minority-owned and women-owned businesses to the world of government contracting.

Tiffany, a government contractor herself, got her to start selling pharmaceuticals after college. She would later embark on her entrepreneurial journey, starting with a housing restoration business that would prepare vacant and evicted homes for bank foreclosure.

It is here she found government contracting.

The opportunities she receive as a contractor completely shifted her business model and her mindset allowing her to grow and dabble in multiple business ventures including transportation.

Today, Tiffany is the owner of Certify My Biz, a consulting for designed to accelerate your business by taking it to the next level with the tactics Tiffany and her team have learned and applied over her last decade.

In this episode, Tiffany drops plenty of jewels and talks about what she is doing next to cater specifically to women embarking on the trucking industry

Instagram   / tiffanylatoi  

Special thanks to Tiffany Latoi

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