• 1846: How to Accurately Estimate Costs of Starting a Business by Kalen Bruce of Money Mini Blog on Managing Start-Up Costs with Confidence
    Oct 20 2025
    Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 1846: Kalen Bruce breaks down the complex process of estimating startup costs into a practical, strategic approach for new entrepreneurs. By categorizing expenses, leveraging online tools, and maintaining conservative projections, he shows how to build a realistic financial foundation while avoiding unnecessary debt and cultivating resilience in the face of uncertainty. Read along with the original article(s) here: https://moneyminiblog.com/business/estimate-costs-of-starting-a-business/ Quotes to ponder: "Interest rates are a dark cloud that looms over your business and the last thing you should do is ignore it." "Plan changes as the financial winds turn, and that is the name of the game if you want to succeed." "Always aim for a conservative assessment. It will help you secure what is called a financial cushion that covers up to one year of business expenses." Learn more about your ad choices. Visit megaphone.fm/adchoices
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    8 mins
  • 1845: [Part 2] 5 Common Small Business Mistakes We Made Early On With Our Online Store by Steve Chou of MyWifeQuitHerJob
    Oct 19 2025
    Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 1845: Steve Chou reveals how clinging too tightly to control and penny-pinching early on can actually stunt your business growth. From delaying hires and skimping on infrastructure to misjudging demand, his lessons show that smart investments of time, money, and trust are what truly accelerate success. Read along with the original article(s) here: https://mywifequitherjob.com/top-5-mistakes-we-made-early-on-with-our-online-store/ Quotes to ponder: "In the grand scheme of things, you can make a ton of mistakes and still be successful so don’t fret the small stuff." "Your brain is the most important part of your business. The sooner you realize that your time is valuable, the sooner that your store will become successful." "By hiring someone to help out with the easy but tedious tasks, we could have spent our time on work that only we could do." Episode references: ShippingEasy: https://shippingeasy.com Learn more about your ad choices. Visit megaphone.fm/adchoices
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    8 mins
  • 1844: [Part 1] 5 Common Small Business Mistakes We Made Early On With Our Online Store by Steve Chou of MyWifeQuitHerJob
    Oct 18 2025
    Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 1844: Steve Chou reveals the costly lessons learned from building his first online store, emphasizing how frugality and cutting corners can hinder growth. He shares how choosing the cheapest vendors and misjudging product costs led to lost time, lower profits, and wasted effort, valuable insights for any entrepreneur aiming to scale smarter, not cheaper. Read along with the original article(s) here: https://mywifequitherjob.com/top-5-mistakes-we-made-early-on-with-our-online-store/ Quotes to ponder: "Low prices always come with a catch." "If you are getting a price quote that seems abnormally low, it usually means that the vendor is cutting corners somehow." "We easily squandered more time and money than we were saving." Episode references: The Sellers Summit: https://sellerssummit.com Bumblebee Linens: https://bumblebeelinens.com Learn more about your ad choices. Visit megaphone.fm/adchoices
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    8 mins
  • 1843: Just Doing the Work Isn’t Enough: Four Ways Creativity Matters to Productivity by Laura Stack of The Productivity Pro
    Oct 17 2025
    Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 1843: Laura Stack explains why efficiency alone can’t drive true productivity, creativity is the invisible force that fuels innovation, competition, leadership, and the modern economy. By merging imagination with execution, individuals and teams unlock higher-value results, stronger engagement, and work that truly matters. Read along with the original article(s) here: https://theproductivitypro.com/blog/2017/06/just-doing-the-work-isnt-enough-four-ways-creativity-matters-to-productivity/ Quotes to ponder: “When you bring imagination to your work, you transform effort into innovation.” “Everything humanity has created was once an idea.” “In a very real sense, we couldn’t be productive without creativity. It’s as essential to us as the air we breathe.” Episode references: Adobe Sparkology Lab Survey 2012: https://www.adobe.com/aboutadobe/pressroom/pdfs/Adobe_State_of_Create_Global_Benchmark_Study.pdf Artful Making: What Managers Need to Know About How Artists Work: https://www.amazon.com/Artful-Making-Managers-Need-Artists/dp/0130086959 Learn more about your ad choices. Visit megaphone.fm/adchoices
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    8 mins
  • 1842: How My Best Side Hustle Ever Almost Ended in Court by Nick Loper of Side Hustle Nation on Entrepreneurship Lessons and Business Legal Risks
    Oct 16 2025
    Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 1842: Nick Loper recounts the rise and fall of a wildly profitable side hustle built on an exact-match domain that unintentionally violated trademark law. What starts as an entrepreneurial win quickly turns into a legal wake-up call, driving home the lesson that lasting success comes from building your own brand, not hijacking someone else’s. Read along with the original article(s) here: https://www.sidehustlenation.com/my-best-side-hustle-ever/ Quotes to ponder: "The lesson was to build your own brand." "Real businesses have their own brands, and if you’re serious about your side hustle, you’ll have one too." "It’s a longer, harder road for sure, but it’s the only way that works long-term." Learn more about your ad choices. Visit megaphone.fm/adchoices
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    7 mins
  • 1841: Investors Are From Mars, Entrepreneurs Are From Venus by Mike Smerklo on Overcoming Miscommunication in Startup Funding
    Oct 15 2025
    Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 1841: Mike Smerklo highlights the disconnect between entrepreneurs and investors, showing how different mindsets often clash when building a business. He explains how founders can better understand investor expectations, bridge communication gaps, and use these insights to strengthen relationships that ultimately fuel growth. Read along with the original article(s) here: https://www.mikesmerklo.com/investors-are-from-mars/ Quotes to ponder: "Investors are from Mars and entrepreneurs are from Venus." "Entrepreneurs see opportunity everywhere, investors see risk everywhere." "The entrepreneur is focused on growing the business, while the investor is focused on protecting and growing capital." Episode references: Men Are from Mars, Women Are from Venus: https://www.amazon.com/Men-Mars-Women-Venus-Understanding/dp/0060574216 Learn more about your ad choices. Visit megaphone.fm/adchoices
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    11 mins
  • 1840: The 3 Reasons Great Companies Stop Growing-And The Solution by Christine Comaford of Smart Tribes Institute
    Oct 14 2025
    Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 1840: Christine Comaford reveals the hidden reasons why even successful businesses plateau, showing how blind spots, unclear leadership, and lack of innovation hold companies back. She explains how to reignite growth by fostering clarity, accountability, and a culture of continuous improvement that keeps organizations agile and thriving. Read along with the original article(s) here: https://smarttribesinstitute.com/the-3-reasons-great-companies-stop-growing-and-the-solution/ Quotes to ponder: "Blind spots are an enormous threat to growth, and the higher you rise in leadership, the fewer people will tell you the truth." "Accountability creates clarity, which in turn creates safety, trust, and results." "Growth stalls when a company stops innovating and starts protecting what they have instead of reaching for what’s next." Learn more about your ad choices. Visit megaphone.fm/adchoices
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    9 mins
  • 1839: Preventing Your Staff from Experiencing Burnout by Michael Levitt of Breakfast Leadership on Building Healthy Work Cultures
    Oct 13 2025
    Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 1839: Michael Levitt highlights how leaders can prevent staff burnout by fostering healthier workplace environments. He emphasizes practical steps like setting realistic expectations, encouraging recovery time, and modeling balance, so teams remain engaged, energized, and productive. Read along with the original article(s) here: https://www.breakfastleadership.com/blog/preventing-your-staff-from-experiencing-burnout Quotes to ponder: "Employees that are overworked are more likely to make mistakes, and their overall productivity will drop." "Encouraging staff to take their breaks, use their vacation time, and actually disconnect from work when they are off is crucial to prevent burnout." "Leaders need to set the example by practicing healthy work-life balance themselves." Learn more about your ad choices. Visit megaphone.fm/adchoices
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    10 mins