The Business of Business - Two Daughters & Their Dad

In this episode, the hosts reflect on the highlights of Season Five of the Business of Business podcast, discussing themes of change, success, mindset, and the importance of mentorship. They express gratitude to their listeners and share insights from their experiences and guest appearances, emphasizing the evolving nature of entrepreneurship and the lessons learned throughout the season.Nugget AlertsThank you to our listeners for an amazing season five.Starting something new can be scary, but just start.Change is essential for entrepreneurship and success.Success is not solely defined by money.Mindset shifts are crucial in hiring and recruiting.Mentorship is different from management and both are important.Guest insights provide valuable lessons on growth and mindset.The landscape of business has changed significantly post-COVID.Understanding revenue versus profit is vital for business health.Planning and strategy are key when approaching mentorship.#businessofbusiness#twodaughters#thedad#entrepreneur#thedempseys#businesspodcast#nuggetalertEmail us at: TwoDaughtersAndTheirDad@gmail.com Please download our Best of Nuggets eBook here. Like and follow us on Facebook Jennifer Faith Dempsey has been in the beauty industry for over 10 years. For the last 5m years, she has owned J. Faith Hair Studio. She brings her experience on how she balances entrepreneurship and motherhood. Check out Jen’s blog.Staci Joy Dempsey is an insurance agent, a mom, and a busy non-profit volunteer. She truly understands what it means to be an entrepreneur. Staci serves as the podcast's host.Jack Dempsey is the dad who heads up this busy family. He is a founding partner in Dempsey, Weiss & Associates, an Elmer, NJ-based insurance and investment firm that began more than 30 years ago.

In this episode, Jack and Jennifer discuss the differences between managing and mentoring in a business context. Jennifer shares her personal journey of transitioning from a management role to a mentorship role, highlighting the challenges she faced and the positive changes that resulted from this shift. They explore the importance of self-development for leaders, the balance between management and mentorship, and the necessity of continuous learning in entrepreneurship.Nugget Alerts- Managing and mentoring serve different purposes in business.- Jennifer shifted from managing to mentoring to align with her passion.- Effective mentorship can lead to significant positive changes in a business.- Self-development is crucial for effective leadership.- Identifying the right fit for employees is essential for business success.- Management can be exhausting if it doesn't align with one's strengths.- Continuous learning is vital for leaders to provide value to their teams.- Balancing management and mentorship can enhance workplace culture.- Entrepreneurs should focus on what drives revenue and happiness in their business.- Investing in personal growth can lead to better leadership outcomes.Dempsey, Weiss & AssociatesMeeting the insurance and financial needs of business owners & individuals in NJ & PA since 1989.J. Faith Hair StudioLocated in south NJ, J Faith Hair Studio is the place to go to become the best version of yourself.Flying High Agility & Dog TrainingHelping people & their pets since 2003. We come to you!Disclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.Email us at: TwoDaughtersAndTheirDad@gmail.com Please download our Best of Nuggets eBook here. Like and follow us on Facebook Jennifer Faith Dempsey has been in the beauty industry for over 10 years. For the last 5m years, she has owned J. Faith Hair Studio. She brings her experience on how she balances entrepreneurship and motherhood. Check out Jen’s blog.Staci Joy Dempsey is an insurance agent, a mom, and a busy non-profit volunteer. She truly understands what it means to be an entrepreneur. Staci serves as the podcast's host.Jack Dempsey is the dad who heads up this busy family. He is a founding partner in Dempsey, Weiss & Associates, an Elmer, NJ-based insurance and investment firm that began more than 30 years ago.

In this episode of the Business of Business podcast, host Staci J Dempsey, her father Jack, and sister Jennifer welcome Ryan Peeters, owner of Path to Movement Health and Wellness. Ryan shares his journey from traditional healthcare to entrepreneurship, emphasizing the importance of building relationships, mentorship, and systematizing business operations. He discusses the challenges of balancing work and family life, and overcoming perfectionism, and offers valuable advice for aspiring entrepreneurs. The conversation highlights the significance of passion, community connection, and the need to bet on oneself in the entrepreneurial journey.Nugget AlertsRyan transitioned from traditional healthcare to entrepreneurship due to dissatisfaction with the system.Building relationships with clients is crucial for long-term success.Mentorship played a significant role in Ryan's business journey.Systematizing operations helps in managing a growing business effectively.Balancing work and family life is essential for personal well-being.Perfectionism can hinder progress; it's important to take action.Owning your schedule is more important than just managing a to-do list.Community connection is vital for business growth.Aspiring entrepreneurs should not wait for everything to be perfect before starting.Betting on oneself is key to overcoming challenges in entrepreneurship.Ryan can be found at www.yourpathtomovement.com#businessofbusiness#twodaughters#thedad#entrepreneur#thedempseys#businesspodcast#nuggetalertEmail us at: TwoDaughtersAndTheirDad@gmail.com Please download our Best of Nuggets eBook here. Like and follow us on Facebook Jennifer Faith Dempsey has been in the beauty industry for over 10 years. For the last 5m years, she has owned J. Faith Hair Studio. She brings her experience on how she balances entrepreneurship and motherhood. Check out Jen’s blog.Staci Joy Dempsey is an insurance agent, a mom, and a busy non-profit volunteer. She truly understands what it means to be an entrepreneur. Staci serves as the podcast's host.Jack Dempsey is the dad who heads up this busy family. He is a founding partner in Dempsey, Weiss & Associates, an Elmer, NJ-based insurance and investment firm that began more than 30 years ago.

SummaryIn this episode of the Business of Business podcast, hosts Staci, Jennifer, and Jack discuss transitioning from home-based businesses to brick-and-mortar establishments. They explore creative solutions such as business collaborations, networking, and community building as stepping stones for entrepreneurs. The conversation also delves into the challenges of navigating real estate, the importance of marketing and communication, and the legal considerations involved in shared business spaces. The episode concludes with reflections on the excitement of seeing businesses thrive in the community.TakeawaysExploring options between home-based and brick-and-mortar businesses is essential.Creative collaborations can reduce overhead costs for new businesses.Networking is crucial for building a supportive business community.Marketing and communication strategies must be clear and effective.Legal considerations are vital when sharing business spaces.Shared spaces can provide exposure and reduce risks for new entrepreneurs.Community engagement can enhance business visibility and success.Understanding real estate dynamics is key for business expansion.Innovative solutions can help navigate the challenges of entrepreneurship.The excitement of business growth is a shared community experience.#businessofbusiness#twodaughters#thedad#entrepreneur#thedempseys#businesspodcastDempsey, Weiss & AssociatesMeeting the insurance and financial needs of business owners & individuals in NJ & PA since 1989.J. Faith Hair StudioLocated in south NJ, J Faith Hair Studio is the place to go to become the best version of yourself.Flying High Agility & Dog TrainingHelping people & their pets since 2003. We come to you!Disclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.Email us at: TwoDaughtersAndTheirDad@gmail.com Please download our Best of Nuggets eBook here. Like and follow us on Facebook Jennifer Faith Dempsey has been in the beauty industry for over 10 years. For the last 5m years, she has owned J. Faith Hair Studio. She brings her experience on how she balances entrepreneurship and motherhood. Check out Jen’s blog.Staci Joy Dempsey is an insurance agent, a mom, and a busy non-profit volunteer. She truly understands what it means to be an entrepreneur. Staci serves as the podcast's host.Jack Dempsey is the dad who heads up this busy family. He is a founding partner in Dempsey, Weiss & Associates, an Elmer, NJ-based insurance and investment firm that began more than 30 years ago.

SummaryIn this episode, the hosts discuss the possibility of a recession and what it means for businesses. They define a recession as a slowing of the economy, which leads to job losses and higher unemployment rates. They also explain how high inflation can contribute to a recession. The hosts explore whether businesses can be recession-proof or recession-prone and provide examples of industries more susceptible to economic downturns. They advise business owners to analyze their business and customer base to determine their vulnerability to a recession. The hosts also discuss the importance of being creative and finding ways to make it easier for customers to do business during a recession.TakeawaysA recession is a slowing of the economy that leads to job losses and higher unemployment rates.High inflation can contribute to a recession.Some businesses are more recession-proof than others, depending on their industry and customer base.Business owners should analyze their business and customer base to determine their vulnerability to a recession.Being creative and finding ways to make it easier for customers to do business can help mitigate the impact of a recession.#businessofbusiness#twodaughters#thedad#entrepreneur#thedempseys#businesspodcast#nuggetalertDempsey, Weiss & AssociatesMeeting the insurance and financial needs of business owners & individuals in NJ & PA since 1989.J. Faith Hair StudioLocated in south NJ, J Faith Hair Studio is the place to go to become the best version of yourself.Flying High Agility & Dog TrainingHelping people & their pets since 2003. We come to you!Disclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.Email us at: TwoDaughtersAndTheirDad@gmail.com Please download our Best of Nuggets eBook here. Like and follow us on Facebook Jennifer Faith Dempsey has been in the beauty industry for over 10 years. For the last 5m years, she has owned J. Faith Hair Studio. She brings her experience on how she balances entrepreneurship and motherhood. Check out Jen’s blog.Staci Joy Dempsey is an insurance agent, a mom, and a busy non-profit volunteer. She truly understands what it means to be an entrepreneur. Staci serves as the podcast's host.Jack Dempsey is the dad who heads up this busy family. He is a founding partner in Dempsey, Weiss & Associates, an Elmer, NJ-based insurance and investment firm that began more than 30 years ago.

In this episode, the hosts discuss the benefits of doing an internship before starting a business. They emphasize the value of mentorship, experience, and paying your dues. Jennifer shares her experience of having a mentor who helped her gain knowledge, confidence, and leadership skills. Jack highlights the importance of understanding the components of entrepreneurship and learning from existing businesses. They also discuss different ways to gain experience, such as volunteering, internships, and shadowing. The hosts emphasize the need to inquire and seek opportunities for learning and growth.Nugget AlertsDoing an internship before starting a business can provide valuable mentorship, experience, and confidence.Observing and learning from existing businesses can help develop business skills and knowledge.Volunteering, internships, and shadowing are different ways to gain experience and learn about the business side of a field.Inquiring and seeking opportunities for learning and growth is essential for personal and professional development.#businessofbusiness#twodaughters#thedad#entrepreneur#thedempseys#businesspodcastEmail us at: TwoDaughtersAndTheirDad@gmail.com Please download our Best of Nuggets eBook here. Like and follow us on Facebook Jennifer Faith Dempsey has been in the beauty industry for over 10 years. For the last 5m years, she has owned J. Faith Hair Studio. She brings her experience on how she balances entrepreneurship and motherhood. Check out Jen’s blog.Staci Joy Dempsey is an insurance agent, a mom, and a busy non-profit volunteer. She truly understands what it means to be an entrepreneur. Staci serves as the podcast's host.Jack Dempsey is the dad who heads up this busy family. He is a founding partner in Dempsey, Weiss & Associates, an Elmer, NJ-based insurance and investment firm that began more than 30 years ago.

Dempsey Weiss and Associates, one of our sponsors, celebrate 35 years in business. The key themes of the conversation include the importance of partnership, investing in people, challenges faced, building a strong team, making an impact in the community, and the value of communication and trust. The interviewees highlight the significance of succession planning and the excitement of seeing their children and younger employees continue the business. They also discuss the challenges of managing people and the importance of hiring the right talent. The conversation concludes with advice on effective communication and the need to hire more good people sooner.Nugget Alerts:The power of a partnership lies in generating synergy and achieving bigger results together.Investing in people and building a strong team is crucial for success.Challenges are inevitable in business, but effective communication and trust can help overcome them.Making a positive impact in the community is rewarding and adds value to the business.Succession planning and hiring the right talent are key for long-term growth and sustainability.#businessofbusiness#twodaughters#thedad#entrepreneur#thedempseys#businesspodcast#nuggetalertEmail us at: TwoDaughtersAndTheirDad@gmail.com Please download our Best of Nuggets eBook here. Like and follow us on Facebook Jennifer Faith Dempsey has been in the beauty industry for over 10 years. For the last 5m years, she has owned J. Faith Hair Studio. She brings her experience on how she balances entrepreneurship and motherhood. Check out Jen’s blog.Staci Joy Dempsey is an insurance agent, a mom, and a busy non-profit volunteer. She truly understands what it means to be an entrepreneur. Staci serves as the podcast's host.Jack Dempsey is the dad who heads up this busy family. He is a founding partner in Dempsey, Weiss & Associates, an Elmer, NJ-based insurance and investment firm that began more than 30 years ago.

SummaryIn this episode, Staci, Jennifer, and Jack discuss how to navigate differing views and opinions in the workplace during a presidential election season. They share their experiences and provide tools and tactics for handling these conversations. They emphasize the importance of being respectful, redirecting conversations back to the purpose of the meeting, and avoiding taking a public stance on political issues as a business. They also discuss the potential impact of expressing personal views on teammates and clients.TakeawaysBe respectful and avoid sharing personal views in the workplaceRedirect conversations back to the purpose of the meetingConsider the potential impact of expressing personal views on teammates and clientsAvoid taking a public stance on political issues as a businessFocus on serving clients and staying true to the mission of the business#businessofbusiness#twodaughters#thedad#entrepreneur#thedempseys#businesspodcast#nuggetalertEmail us at: TwoDaughtersAndTheirDad@gmail.com Please download our Best of Nuggets eBook here. Like and follow us on Facebook Jennifer Faith Dempsey has been in the beauty industry for over 10 years. For the last 5m years, she has owned J. Faith Hair Studio. She brings her experience on how she balances entrepreneurship and motherhood. Check out Jen’s blog.Staci Joy Dempsey is an insurance agent, a mom, and a busy non-profit volunteer. She truly understands what it means to be an entrepreneur. Staci serves as the podcast's host.Jack Dempsey is the dad who heads up this busy family. He is a founding partner in Dempsey, Weiss & Associates, an Elmer, NJ-based insurance and investment firm that began more than 30 years ago.

SummaryIn this episode, the hosts discuss defining success and how it can vary for individuals and businesses. They share personal stories and examples of how success has evolved and emphasize the importance of finding purpose and making a positive impact. The conversation highlights the need to go beyond financial goals and consider the meaningful contributions a business can make to the community. The hosts encourage listeners to reflect on their definition of success and how their business can create a lasting impact.TakeawaysSuccess can look and feel different for each individual and business.Defining success goes beyond financial goals and includes making a positive impact.Finding purpose and making a meaningful contribution can bring fulfillment.Success is not solely determined by monetary achievements.#businessofbusiness#twodaughters#thedad#entrepreneur#thedempseys#businesspodcast#nuggetalert#success#businesssuccess#definingsuccess#impact#purpose#financialsecurity#fulfillmentEmail us at: TwoDaughtersAndTheirDad@gmail.com Please download our Best of Nuggets eBook here. Like and follow us on Facebook Jennifer Faith Dempsey has been in the beauty industry for over 10 years. For the last 5m years, she has owned J. Faith Hair Studio. She brings her experience on how she balances entrepreneurship and motherhood. Check out Jen’s blog.Staci Joy Dempsey is an insurance agent, a mom, and a busy non-profit volunteer. She truly understands what it means to be an entrepreneur. Staci serves as the podcast's host.Jack Dempsey is the dad who heads up this busy family. He is a founding partner in Dempsey, Weiss & Associates, an Elmer, NJ-based insurance and investment firm that began more than 30 years ago.

SummaryThe episode discusses the importance of an entrepreneurial mindset, the evolution of mindset over time, and the key elements of a strong business mindset. It covers topics such as leadership, decision-making, risk-taking, and the impact of experiences on mindset development.Takeaways- The importance of developing and growing an entrepreneurial mindset- The impact of experiences and challenges on mindset development- The role of leadership and decision-making in shaping a strong business mindset- The significance of risk-taking and adaptability in business mindset developmentEmail us at: TwoDaughtersAndTheirDad@gmail.com Please download our Best of Nuggets eBook here. Like and follow us on Facebook Jennifer Faith Dempsey has been in the beauty industry for over 10 years. For the last 5m years, she has owned J. Faith Hair Studio. She brings her experience on how she balances entrepreneurship and motherhood. Check out Jen’s blog.Staci Joy Dempsey is an insurance agent, a mom, and a busy non-profit volunteer. She truly understands what it means to be an entrepreneur. Staci serves as the podcast's host.Jack Dempsey is the dad who heads up this busy family. He is a founding partner in Dempsey, Weiss & Associates, an Elmer, NJ-based insurance and investment firm that began more than 30 years ago.

SummaryIn this episode, Jack and Jennifer discuss celebrating milestones in business. They reflect on their milestones, such as the 100th episode of their podcast, Jennifer's 8 years in business, and Dempsey Weiss's 35 years in business. They emphasize the significance of including clients and customers in the celebration, as it creates a sense of pride and loyalty. They also discuss ways to promote milestones, such as through email marketing, social media, and client events. Additionally, they highlight the importance of reflecting on past failures and using milestones as opportunities for growth and learning.TakeawaysCelebrating milestones in business is important as it creates a sense of pride and loyalty among clients and customers.Promoting milestones through various channels such as email marketing and social media can help generate enthusiasm and referrals.Reflecting on past failures and using milestones as an opportunity for growth and learning is crucial for long-term success.Embracing change and taking calculated risks are essential for business growth and staying relevant in a rapidly evolving market.#businessofbusiness#twodaughters#thedad#entrepreneur#thedempseys#businesspodcast#nuggetalertDempsey, Weiss & AssociatesMeeting the insurance and financial needs of business owners & individuals in NJ & PA since 1989.J. Faith Hair StudioLocated in south NJ, J Faith Hair Studio is the place to go to become the best version of yourself.Flying High Agility & Dog TrainingHelping people & their pets since 2003. We come to you!Disclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.Email us at: TwoDaughtersAndTheirDad@gmail.com Please download our Best of Nuggets eBook here. Like and follow us on Facebook Jennifer Faith Dempsey has been in the beauty industry for over 10 years. For the last 5m years, she has owned J. Faith Hair Studio. She brings her experience on how she balances entrepreneurship and motherhood. Check out Jen’s blog.Staci Joy Dempsey is an insurance agent, a mom, and a busy non-profit volunteer. She truly understands what it means to be an entrepreneur. Staci serves as the podcast's host.Jack Dempsey is the dad who heads up this busy family. He is a founding partner in Dempsey, Weiss & Associates, an Elmer, NJ-based insurance and investment firm that began more than 30 years ago.

In this episode, Staci, Jennifer, and Jack discuss the difference between hiring and recruiting. They share their personal experiences and insights on how to approach the hiring process with a new mindset. Jennifer emphasizes the importance of building relationships and promoting the benefits of working with their businesses. Jack highlights the need to be selective and consider the type of business when hiring or recruiting. They also discuss the value of networking within their own spheres of influence and being open to referrals. Overall, they encourage business owners to be creative and adaptable in their hiring and recruiting strategies.Takeaways- Hiring and recruiting are not the same, and it's important to understand the difference.- Building relationships and promoting the benefits of working with your business can attract the right candidates.- Networking within your own sphere of influence and being open to referrals can lead to successful hires.- Being selective and considering the type of business when hiring or recruiting is crucial.- Adapting and being creative in your hiring and recruiting strategies is essential in today's evolving business landscape.#businessofbusiness#twodaughters#thedad#entrepreneur#thedempseys#businesspodcast#nuggetalertDempsey, Weiss & AssociatesMeeting the insurance and financial needs of business owners & individuals in NJ & PA since 1989.J. Faith Hair StudioLocated in south NJ, J Faith Hair Studio is the place to go to become the best version of yourself.Flying High Agility & Dog TrainingHelping people & their pets since 2003. We come to you!Disclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.Email us at: TwoDaughtersAndTheirDad@gmail.com Please download our Best of Nuggets eBook here. Like and follow us on Facebook Jennifer Faith Dempsey has been in the beauty industry for over 10 years. For the last 5m years, she has owned J. Faith Hair Studio. She brings her experience on how she balances entrepreneurship and motherhood. Check out Jen’s blog.Staci Joy Dempsey is an insurance agent, a mom, and a busy non-profit volunteer. She truly understands what it means to be an entrepreneur. Staci serves as the podcast's host.Jack Dempsey is the dad who heads up this busy family. He is a founding partner in Dempsey, Weiss & Associates, an Elmer, NJ-based insurance and investment firm that began more than 30 years ago.

In this episode, the hosts discuss the difference between generating revenue and generating revenue that produces a profit. They emphasize the importance of understanding pricing and value in relation to profit. They share examples of businesses that struggle to make a profit despite generating high revenue and offer advice on how to adapt and make changes to improve profitability. They also highlight the significance of focusing on the right clients and not trying to be everything to everyone.TakeawaysGenerating revenue does not necessarily mean generating profit.Understanding pricing and value is crucial for profitability.Adapting and making changes to improve profitability is necessary.Focusing on the right clients and not trying to be everything to everyone is important.#businessofbusiness#twodaughters#thedad#entrepreneur#thedempseys#businesspodcast#nuggetalertEmail us at: TwoDaughtersAndTheirDad@gmail.com Please download our Best of Nuggets eBook here. Like and follow us on Facebook Jennifer Faith Dempsey has been in the beauty industry for over 10 years. For the last 5m years, she has owned J. Faith Hair Studio. She brings her experience on how she balances entrepreneurship and motherhood. Check out Jen’s blog.Staci Joy Dempsey is an insurance agent, a mom, and a busy non-profit volunteer. She truly understands what it means to be an entrepreneur. Staci serves as the podcast's host.Jack Dempsey is the dad who heads up this busy family. He is a founding partner in Dempsey, Weiss & Associates, an Elmer, NJ-based insurance and investment firm that began more than 30 years ago.

In this episode, Jennifer and her dad discuss the topic of leases and share their experiences and insights. Jennifer talks about her first lease negotiation and how she would have signed anything just to get a space. She also highlights the importance of seeking advice from someone experienced in contracts. They discuss the impact of COVID-19 on lease agreements and how Jennifer's decision to pay her rent during the shutdown helped her in future negotiations. They also provide tips for negotiating leases, such as negotiating for the lease to have lower payments in the beginning and understanding CAM charges.TakeawaysSeek advice from someone experienced in contracts when negotiating a lease.Paying rent during difficult times can help build trust and leverage in future negotiations.Negotiate the lease terms to have lower payments in the beginning to allow for ramp-up time for the business.Understand the responsibilities and CAM charges associated with the lease.Be a good tenant by paying rent on time, maintaining the property, and being a good neighbor.#businessofbusiness#twodaughters#thedad#entrepreneur#thedempseys#businesspodcastEmail us at: TwoDaughtersAndTheirDad@gmail.com Please download our Best of Nuggets eBook here. Like and follow us on Facebook Jennifer Faith Dempsey has been in the beauty industry for over 10 years. For the last 5m years, she has owned J. Faith Hair Studio. She brings her experience on how she balances entrepreneurship and motherhood. Check out Jen’s blog.Staci Joy Dempsey is an insurance agent, a mom, and a busy non-profit volunteer. She truly understands what it means to be an entrepreneur. Staci serves as the podcast's host.Jack Dempsey is the dad who heads up this busy family. He is a founding partner in Dempsey, Weiss & Associates, an Elmer, NJ-based insurance and investment firm that began more than 30 years ago.

In this episode, the hosts and their guest, Emily, discuss Women's History Month and the achievements of women throughout history. They also delve into Emily's transition from being an employee to becoming an entrepreneur. They highlight the importance of mindset shifts, budgeting, and seeking support from mentors and coaches. The conversation concludes with a celebration of Emily's achievement as the recipient of the New Agent of the Year award.TakeawaysWomen's History Month celebrates the achievements of women throughout history and their contributions to various fields.Transitioning from being an employee to becoming an entrepreneur can be both exciting and challenging, requiring a shift in mindset and a willingness to take risks.Budgeting is crucial for entrepreneurs, as income can fluctuate, and it's important to prioritize business investments and personal financial stability.Seeking support from mentors, coaches, and experienced individuals can provide valuable guidance and help navigate the entrepreneurial journey.Recognizing and celebrating achievements, such as winning awards, can be a source of motivation and inspiration for entrepreneurs.#businessofbusiness#twodaughters#thedad#entrepreneur#thedempseys#businesspodcast#nuggetalertDempsey, Weiss & AssociatesMeeting the insurance and financial needs of business owners & individuals in NJ & PA since 1989.J. Faith Hair StudioLocated in south NJ, J Faith Hair Studio is the place to go to become the best version of yourself.Flying High Agility & Dog TrainingHelping people & their pets since 2003. We come to you!Disclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.Email us at: TwoDaughtersAndTheirDad@gmail.com Please download our Best of Nuggets eBook here. Like and follow us on Facebook Jennifer Faith Dempsey has been in the beauty industry for over 10 years. For the last 5m years, she has owned J. Faith Hair Studio. She brings her experience on how she balances entrepreneurship and motherhood. Check out Jen’s blog.Staci Joy Dempsey is an insurance agent, a mom, and a busy non-profit volunteer. She truly understands what it means to be an entrepreneur. Staci serves as the podcast's host.Jack Dempsey is the dad who heads up this busy family. He is a founding partner in Dempsey, Weiss & Associates, an Elmer, NJ-based insurance and investment firm that began more than 30 years ago.

In this episode, the hosts discuss the importance of having a contingency plan for your business. They explore both internal and external contingencies and provide examples of potential disruptions. The conversation emphasizes the need to protect your business and loved ones through insurance and proper planning. They also highlight the importance of identifying external factors that could impact your business and developing alternative strategies. The hosts share personal experiences, including the impact of COVID-19 and the benefits of having an emergency fund. They conclude by encouraging entrepreneurs to anticipate potential challenges and build plans to mitigate them.TakeawaysHaving a contingency plan is crucial for business success.Internal contingencies include personal illness, death, or the loss of key employees or partners.External contingencies involve factors outside of your control, such as changes in technology or location.Building an emergency fund and having insurance coverage can provide financial security during disruptions.Reacting from a position of strength and continuing to invest in your business during challenging times can lead to long-term success.#businessofbusiness#twodaughters#thedad#entreprenuer#thedempseys#businesspodcastFlying High Agility & Dog TrainingHelping people & their pets since 2003. We come to you!Dempsey, Weiss & AssociatesMeeting the insurance and financial needs of business owners & individuals in NJ & PA since 1989.J. Faith Hair StudioLocated in south NJ, J Faith Hair Studio is the place to go to become the best version of yourself.Disclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.Email us at: TwoDaughtersAndTheirDad@gmail.com Please download our Best of Nuggets eBook here. Like and follow us on Facebook Jennifer Faith Dempsey has been in the beauty industry for over 10 years. For the last 5m years, she has owned J. Faith Hair Studio. She brings her experience on how she balances entrepreneurship and motherhood. Check out Jen’s blog.Staci Joy Dempsey is an insurance agent, a mom, and a busy non-profit volunteer. She truly understands what it means to be an entrepreneur. Staci serves as the podcast's host.Jack Dempsey is the dad who heads up this busy family. He is a founding partner in Dempsey, Weiss & Associates, an Elmer, NJ-based insurance and investment firm that began more than 30 years ago.

SummaryIn this episode, the hosts discuss the importance of revisiting old traditions and evaluating if they still serve the business. They explore the balance between embracing new mindsets and incorporating technology while maintaining a personal touch. They highlight the power of small touches and the impact they have on building relationships with clients. The hosts also acknowledge the challenges of keeping up with technology and the need to be intentional in using it to enhance the business. Overall, the conversation emphasizes the importance of finding a balance between old and new methods to effectively serve the business and its customers.TakeawaysRevisit old traditions and evaluate if they still serve the businessEmbrace new mindsets and adapt to changing timesBalance technology with personal touch to build relationshipsSmall touches and gestures can make a big difference in client satisfactionDempsey, Weiss & AssociatesMeeting the insurance and financial needs of business owners & individuals in NJ & PA since 1989.J. Faith Hair StudioLocated in south NJ, J Faith Hair Studio is the place to go to become the best version of yourself.Flying High Agility & Dog TrainingHelping people & their pets since 2003. We come to you!Disclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.Email us at: TwoDaughtersAndTheirDad@gmail.com Please download our Best of Nuggets eBook here. Like and follow us on Facebook Jennifer Faith Dempsey has been in the beauty industry for over 10 years. For the last 5m years, she has owned J. Faith Hair Studio. She brings her experience on how she balances entrepreneurship and motherhood. Check out Jen’s blog.Staci Joy Dempsey is an insurance agent, a mom, and a busy non-profit volunteer. She truly understands what it means to be an entrepreneur. Staci serves as the podcast's host.Jack Dempsey is the dad who heads up this busy family. He is a founding partner in Dempsey, Weiss & Associates, an Elmer, NJ-based insurance and investment firm that began more than 30 years ago.

The conversation explores the topics of tipping and cashless businesses. Jennifer shares her experience with a no-tipping policy in her salon and the challenges and reactions she faced. The history and reasons behind tipping are discussed, as well as the categorization of hairstylists and the need for a change in perspective. The trend towards cashless businesses is examined, along with the convenience and challenges associated with it. The benefits and drawbacks of cash-only businesses are explored, and the importance of making it easy for customers to do business is emphasized. The chapter concludes with a discussion on the motivation for businesses to accept cash and the success of cash-only businesses.TakeawaysConsider implementing a no-tipping policy in certain industries to promote fair wages and professionalism.Explore alternative ways to show appreciation for services, such as referrals, positive reviews, or donations to charity.Evaluate the feasibility of going cashless in your business, considering the convenience for customers and the impact on operations.Understand the regulations and legal requirements regarding cashless transactions in your state or region.Recognize the benefits and challenges of cash-only businesses, including the need for ATMs and potential limitations for certain demographics.Dempsey, Weiss & AssociatesMeeting the insurance and financial needs of business owners & individuals in NJ & PA since 1989.J. Faith Hair StudioLocated in south NJ, J Faith Hair Studio is the place to go to become the best version of yourself.Flying High Agility & Dog TrainingHelping people & their pets since 2003. We come to you!Disclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.Email us at: TwoDaughtersAndTheirDad@gmail.com Please download our Best of Nuggets eBook here. Like and follow us on Facebook Jennifer Faith Dempsey has been in the beauty industry for over 10 years. For the last 5m years, she has owned J. Faith Hair Studio. She brings her experience on how she balances entrepreneurship and motherhood. Check out Jen’s blog.Staci Joy Dempsey is an insurance agent, a mom, and a busy non-profit volunteer. She truly understands what it means to be an entrepreneur. Staci serves as the podcast's host.Jack Dempsey is the dad who heads up this busy family. He is a founding partner in Dempsey, Weiss & Associates, an Elmer, NJ-based insurance and investment firm that began more than 30 years ago.

Have you ever wondered how a little competition can fuel your business's success? Strap in as we pull back the curtain on the competitive landscape in business, inspired by the craze for Stanley cups. We're sharing personal insights and experiences that debunk the myths surrounding competition, especially within the beauty industry. Discover the unsuspected benefits of healthy rivalry and why being obsessed with competitors can hinder growth. Our conversation is a gold mine for entrepreneurs and business veterans aiming to stand out without losing sight of their core values.Today's tales from the trenches feature the inspiring stories of Misty Solomon and Maddie, entrepreneurs who have made their mark in bustling markets. Follow along as we reveal how Misty's bakery and candy shop rose to demand through her passion and social media prowess, and how Maddie's dedication to health and accountability translated into a booming business for shakes and acai bowls. Plus, we're breaking down Bethenny Frankel's savvy journey with Skinny Girl, showcasing the impact of targeted marketing and a clear, unwavering business vision. Whether you're just starting out or looking to inject some fresh energy into your venture, these stories of differentiation and triumph are sure to spark your entrepreneurial spirit.Dempsey, Weiss & AssociatesMeeting the insurance and financial needs of business owners & individuals in NJ & PA since 1989.J. Faith Hair StudioLocated in south NJ, J Faith Hair Studio is the place to go to become the best version of yourself.Flying High Agility & Dog TrainingHelping people & their pets since 2003. We come to you!Disclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.Email us at: TwoDaughtersAndTheirDad@gmail.com Please download our Best of Nuggets eBook here. Like and follow us on Facebook Jennifer Faith Dempsey has been in the beauty industry for over 10 years. For the last 5m years, she has owned J. Faith Hair Studio. She brings her experience on how she balances entrepreneurship and motherhood. Check out Jen’s blog.Staci Joy Dempsey is an insurance agent, a mom, and a busy non-profit volunteer. She truly understands what it means to be an entrepreneur. Staci serves as the podcast's host.Jack Dempsey is the dad who heads up this busy family. He is a founding partner in Dempsey, Weiss & Associates, an Elmer, NJ-based insurance and investment firm that began more than 30 years ago.

In this episode, Jennifer discusses the four stages of change and shares her personal experience of making significant changes in her business. She explains how she went from a service-based pricing model to an hourly pricing model, and the challenges and work involved in implementing this change. Jennifer emphasizes the importance of integrity and transparency in making changes and encourages entrepreneurs to step outside their comfort zones. Her father also shares insights on the importance of early adaptation and the challenges of bringing a team along during the change process. The episode concludes with good wishes for the new year and a reminder to embrace change in business.TakeawaysChange is an inevitable part of business and can lead to growth and improvement.The four stages of change are the idea, the work, the challenge, and fulfillment.Implementing change requires courage, communication, and a clear vision.Resistance to change is common, but it is important to stay focused on the long-term benefits.#businessofbusiness#twodaughters#thedad#entreprenuer#thedempseys#businesspodcastDempsey, Weiss & AssociatesMeeting the insurance and financial needs of business owners & individuals in NJ & PA since 1989.J. Faith Hair StudioLocated in south NJ, J Faith Hair Studio is the place to go to become the best version of yourself.Flying High Agility & Dog TrainingHelping people & their pets since 2003. We come to you!Disclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.Email us at: TwoDaughtersAndTheirDad@gmail.com Please download our Best of Nuggets eBook here. Like and follow us on Facebook Jennifer Faith Dempsey has been in the beauty industry for over 10 years. For the last 5m years, she has owned J. Faith Hair Studio. She brings her experience on how she balances entrepreneurship and motherhood. Check out Jen’s blog.Staci Joy Dempsey is an insurance agent, a mom, and a busy non-profit volunteer. She truly understands what it means to be an entrepreneur. Staci serves as the podcast's host.Jack Dempsey is the dad who heads up this busy family. He is a founding partner in Dempsey, Weiss & Associates, an Elmer, NJ-based insurance and investment firm that began more than 30 years ago.