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Managing Chaos in Small Business: Advice for Overwhelmed Business Owners with Kerry-Ann Powell

Author
Salim Omar
Published
Mon 21 Aug 2023
Episode Link
https://straight-talk-about-small-business-success.simplecast.com/episodes/managing-chaos-in-small-business-advice-for-overwhelmed-business-owners-with-kerry-ann-powell-IQYmlulH

[00:01 - 07:17] The Beauty and Impact of Running a Small Business

• From law school and fundraising and employing high-level strategies with a small team

• Gaining inspiration from community leaders who stepped up to lead nonprofits and volunteerism

• Small businesses are impactful and great for innovation, agility, and building something that lasts



[07:18 - 23:08] Managing Chaos in Small Business: Identifying the Culprits

• The four symptoms of chaos are cash flow, wearing too many hats, team issues, and inability to scale

• Have an honest conversation; create your life plan and how the business fits into it

• Make a life plan, articulate the vision of the business, revisit the life plan, and make small shifts in the business

• Spend more time working on the business instead of in the business


 

[23:09 - 29:48] Creating a Life Plan and Business That Fits

• Became a rallying call for the team not to drop the ball

• Business owners should audit their businesses and set realistic goals

• Reach out to Kerry-Ann!


 


 

Connect with Kerry-Ann through her website https://www.trafalgarstrategies.co/ and check out her free ebook at https://www.nobusinesschaos.com/


 

Resources Mentioned

Good to Great by Jim Collins

BE 2.0 (Beyond Entrepreneurship 2.0) by Jim Collins and William Lazier


 


 

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Tweetable Quotes



“The idea [for a business] is not the only thing that really matters. You have a way to serve the world, a way to provide a product or a service or some sort of benefit… You provide opportunities for other people; you are supporting the community.” - Kerry-Ann Powell


 

“What's your life plan? Do you have a vision of how you want your life to be? The vision of the business should fit into your life plan.” - Kerry-Ann Powell

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