Winnie teaches and coaches on business building topics and runs accountability / mastermind groups that help introverted, mission-driven entrepreneurs stay focused on achieving their goals and making the impact they dream of. She's driven to help others achieve their goals and break free from self-doubt, limiting beliefs, and disempowering patterns that develop over time. She's been described as "an authority on overcoming obstacles" and "a natural teacher" by friends, colleagues, and clients. Her corporate background includes decades of human resources experience in a variety of industries.
If you're a regular listener then you've heard Lisa mention TV shows like The Profit and Shark Tank before. These shows and others like them offer valuable lessons for business owners. On this episode, we'll talk about some of the things that seem to drive The Profit, Marcus Lemonis, nuts and how some of these things can make or break a business. Key Points *Lisa explains why she likes the TV show, The Profit, and its focus on business improvement especially in the area of operations. *While there is a financial investment side to this show and shows like Shark Tank, the investment is a lesser focus than the areas Lemonis views as important like people, process and product. *One area that The Profit struggles with is owners who don't have a good handle on the numbers in their business. *Too often owners don't take time to analyze and understand the financial side and that creates problems for the business. *Lisa talks about examples where owners struggled to manage spending, debt and overall money management in the example businesses. *People and staff management are other areas that Lemonis finds problems including leadership issues in companies he considers for investment on the show. *Lisa discusses how the people side of a business is enhanced by implementing good processes and uses examples from the show to highlight how Lemonis makes improvements to set the owners and employees up for success. *Ego and the owner's pride can get in the way as owner's struggle with The Profit's concept of "trusting the process". *Business owners who recognize their business' struggles and embrace getting help to fix their business will usually be more successful on the show. *Lack of honesty and transparency are things that also can drive Lemonis away from a deal. *Lisa discusses examples from the show that highlight where owners failed to mention issues surrounding debt and ownership interest that threatened and even stop deals from happening. *Lisa discusses how business owners can take lessons from shows like The Profit and used them to analyze their own operations. Resources and Links Other episodes mentioned in this one: Stay Out of Hot Water – Keep Business and Personal Records Separate Entrepreneurs, You Need to Grow WITH Your Growing Business Quick Care Consultation - If you'd like to talk to Lisa about this subject or any operational issue you're having in your business then set up a time to talk with her here.   About Lisa Roberts Lisa Roberts is a business operations consultant who advises growth company entrepreneurs in successfully managing growth and the challenges they face along the way. She has over 25 years of experience in operations, finance and administration and spent several years in executive roles at a high growth company. She recognizes that there is a fine line between success and failure in a growing business and that entrepreneurs need to focus on managing finances, creating a sound operation and employ good business practices to stay on track.  
In this episode, Lisa Roberts shows us how an ice hockey team has managed to teach us a lot about entrepreneurship.  She explains how things like motivation, humility and rallying around a common purpose can help entrepreneurs who are starting and growing a new business.  Key Points *Listen to hear the story about the new NHL team the Vegas Golden Knights and why they sometimes call themselves the Golden Misfits. *Learn why their humble beginnings and a horrific mass shooting played a big a role in the team's identity and how it helped create its common purpose and focus. *A common purpose can help create motivation and passion among a team and help it do great things. *Listen to hear why creating an environment of collaboration and motivation can help create a business where the whole is greater than the sum of its parts. *Find out how "drinking your own Kool-Aid" can get in the way of success in business. *Learn how storytelling helped the hockey team engage teammates and their fans and how it can help your start-up business. *Listen for tips on developing teamwork and how going it alone for an entrepreneur can hold you back. Resources and Links Other episodes mentioned: To Realize Success He First Accepted Failure Quick Care Consultation If you'd like to talk to Lisa about this subject or any operational issue you're having in your business then set up a time to talk with her using this link . About your host, Lisa Roberts Lisa Roberts is a business operations consultant who advises growth company entrepreneurs in successfully managing growth and the challenges they face along the way.  She has over 25 years of experience in operations, finance and administration and spent several years in executive roles at a high growth company. She recognizes that there is a fine line between success and failure in a growing business and that entrepreneurs need to focus on managing finances, creating a sound operation and employ good business practices to stay on track.    
Are you an entrepreneur who's struggling with the idea of making your first employee hire?  Listen to hear tips on deciding when you need to hire, conquering the fear of making your first hire and what you need to be thinking about before you hire your first employee in your small business. Key Points *Entrepreneurs may struggle with the decision to hire out of fear, mistrust or even inexperience in hiring. *Signs that you need to hire include workload, lack of down time or personal time as well as demands from your customers. *Quality of work and missing skills are others sign that you may need help. *Lisa discusses how a business will plateau based on the limits of the business owner's time. *Trusting and the ability to let go are critical for an entrepreneur in hiring for the first time.  Lisa offer some tips on managing the process of letting go of tasks. *There are options to hiring like outsourcing, freelancers, virtual assistants and interns. *Lisa offers some cautions and things to consider before you even begin the hiring process. *Financial considerations are cost, time and cash flow are all things to consider in the hiring process and those are discussed. *Before hiring anyone, entrepreneurs need to think about the skillset needed to do the particular tasks being considered as well as the level of responsibility of those tasks. *Clarity surrounding the job, pay and fit are critical in making a good hiring decision for both you and the employee. *The gig economy and freelancers can help remove some of the risk out of your hiring decisions to enable you to try before you hire a permanent employee. *Hiring for attitude, work ethic and your commitment to training new hires will help ease the fear of being able to let go of control and rely on new hires. *Lisa shares some tips on the requirements you need to understand when hiring employees.   Resources and Links Looking to hire a virtual assistant, then the VA Classroom may be able to help.  Find out more using this link Here are some episodes to take some of the topics about hiring and employee management a little deeper: How to Eliminate “not my job” from Your Business Filling Gaps In Expertise – What You Need to Know About Staffing for Growth Do You Need to Hire for Your Growing Company?   About Lisa RobertsLisa Roberts is a business operations consultant who advises growth company entrepreneurs in successfully managing growth and the challenges they face along the way.  She has over 25 years of experience in operations, finance and administration and spent several years in executive roles at a high growth company. She recognizes that there is a fine line between success and failure in a growing business and that entrepreneurs need to focus on managing finances, creating a sound operation and employ good business practices to stay on track.      
Money management is a challenge for any small business but micro businesses have even more challenges due to limits on resources like time and resources.  In this episode, Lisa talks about these challenges and gives listeners some tips they can use to manage their money more effectively.  Listen to find out her 3 big tips for owners of micro businesses to help them overcome the challenges they face running their business. Key Points *Lisa discusses the characteristics of a typical micro business and explains how those characteristics relate to the challenges they face running their business. *Cash flow is one of the biggest challenges in micro businesses and is further complicated by the dependence on the owner and the owner's time. *She also discusses the struggles of some first time entrepreneurs especially in the area of access to funds. *Some owners of micro businesses can struggle with a lack of financial experience and knowledge which can impact their ability to understand their true financial picture. *Lisa stresses that entrepreneurs starting out need to be careful of overly optimistic sales forecasts and be prepared with enough money to weather the start of their business. *She gives tips on how much cash a business owner should plan to have set aside to weather the ebb and flow of their sales and be able to manage both their personal and business finances. *We discuss some of the reasons entrepreneurs struggle with on the numbers side of their business and gives tips on getting help. *Lisa talks about the challenge of managing money and cash flow along with the key information in your business that will help you do that. *She stresses the importance of keeping books and records updated and how to ensure accurate access to money and financial information. *We talk about the importance of how budgets can help entrepreneurs manage their spending and make good return on investment decisions for their business. Resources and Links Here are some episodes to take some of the topics discussed a little deeper. Rotten Recordkeeping: What You Need To Do About It Managing Cash Flow with a Forecast My Best Advice for Collecting Your Cash Growing Growth and Spending: What You Need To Know Quick Care Consultation If you'd like to talk to Lisa about this subject or any operational issue you're having in your business then set up a time to talk with her by following this link.   About Lisa Roberts Lisa Roberts is a business operations consultant who advises growth company entrepreneurs in successfully managing growth and the challenges they face along the way.  She has over 25 years of experience in operations, finance and administration and spent several years in executive roles at a high growth company. She recognizes that there is a fine line between success and failure in a growing business and that entrepreneurs need to focus on managing finances, creating a sound operation and employ good business practices to stay on track.      
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Creator Details

Location
Niagara Falls, NY, USA
Episode Count
50
Podcast Count
4
Total Airtime
23 hours, 14 minutes
PCID
Podchaser Creator ID logo 254384