Business Beyond the Balance Sheet Podcast
Episode 11: Following The Need To Find The Solution
with Anita Nygaard of CorHRr and your host Cedric Campbell, Principal Broker of Equity123 Lending
In this episode of The Business Beyond The Balance Sheet Podcast, Cedric Campbell speaks with Anita Nygaard, the President of CorHR. Today we talk about how she really found her niche, the effect of strategic business partners, and the struggles or benefits of having them!
Successful entrepreneurs must:
- Get the Business
- Work the Business
- Build the Business
- Manage the Business
You have to manage different personalities while getting the work done
You must have a plan for your business
Reinforcing your business partners
Non-compete can't prevent further work unless you are a key person
Valued employees have some level of flexibility
Focus on Trade Secrets
Client lists are not protected
Consider responsible growth
Only promise what you can deliver to avoid a long-term negative reputation
The value of your unique contribution
Strategic Plans and a Strategic Partner Network
Introspection is key to successful business ownership
What do you want to accomplish?
What are you willing to commit?
What kind of business do you want to be?
Controlled Employee Growth
Job-protected LOA up to 12 work weeks
- Add value to the same client
- Experts in their field
- Have their own book of business
- Are like-minded when it comes to service delivery
- Customer benefits from the joint expertise
The Downside of Business Ownership
Strategic partner doesn't understand your business model
Attracting and retaining your valued talent
Best part of being a business owner
Supporting the community with your services not your checkbook
Deriving a company name
- Providing expert advise
- Help to retain valued talent
- Help set up proper expectations
- Understand the contribution
- Raise the bar to achieve effectiveness
- Win together... Lose alone
Following the need to the solution.
About the Podcast:
Business Beyond The Balance Sheet with Cedric Campbell, Principal of Equity123 Lending lets you look through the lens of business leaders, entrepreneurs, and business owners to get an idea about how they approach the business world. You'll learn about insightful business practices they've learned over the years, best practices to help you avoid pitfalls, and ways you can improve your own market opportunities.