Yeukai Business Show

Latest Episodes:

Episode #136: Candice Galek | The Critical Skills Every Business Owner Must Have Feb 04, 2021

Show notes

In this episode of Enlightened Entrepreneur Podcast, Candice Galek, founder, and CEO of Bikini Luxe talks about her journey in building the highest paying swimwear and affiliate program in the industry. Candice shares what it takes to make her passion the center of her company and what she is doing to continue to grow it.

Key Questions Asked:

What is Candice’s background in terms of education and experience? What triggered her to finally make the decision to build her own business? What were the necessary steps that she took from that point onward? What is the role of mentors in her success? Where did Candice get her strong work ethic from? What major roadblocks did Candice face during the early years of running a business and how did she overcome them? What important skills every business owner must develop in order to be successful in bringing a product or a service out in the market? How does Candace manage her time? Why did Candice agree to do a podcast for Enlightened Entrepreneur? How does Candace employ and develop creativity? If Candice is to do it all over again, what would she do differently?

Highlights of Lessons Learned:

Key Factors

Candice shares that business owners must keep an open mind and learn everything possible about his or her industry. Candice’s strong work ethic helped pushed her business to where it is today. One of the major roadblocks Candice had to face was the difficulty in learning how to manage inventory.

Must Remember

Every business owner must learn and continuously develop excellent time management, they also need to allocate a certain time to set goals. Before delegating tasks to other people, you have to make sure you have a general understanding of what is happening in that area of your business. Podcasts are important because they provide an insider point of view of what it’s like to grow a business. Another skill business owners must have in order to be successful bringing their passion and ideas to the marketplace is creativity.

Episode #142: Margarita Rozenfeld | Common Mistakes Business Owners Should Avoid Doing Apr 01, 2020

Show notes

Margarita Rozenfeld is an organizational effectiveness and leadership development expert from Washington, U.S.A. As the CEO of an award-winning professional training and coaching company, she has got some important insights on starting a business. Margarita shares her amazing journey of self-discovery and transition into fully embracing the life of an entrepreneur.

Key Questions Asked:

What advice would Margarita give to business owners who are very set in their ways? Why is it important that your business is around your personality? How did Margarita overcome the fear when she was first starting out? What mistakes are usually committed by many business owners and how can they avoid them? How did Margaret come to identify the areas that she was not so good at in her business and what necessary steps did she take to get people or a system on board?

Highlights of Lessons Learned:

Overcoming Fear

The Impostor Syndrome: Most successful people have this attitude of constantly questioning themselves which is very prevalent the first few years. That is why it was really important for Margarita to be surrounded by people who were supportive and encouraging. How to best overcome fear? Margarita suggests dealing with it by surrounding yourself with a really strong community of other encouraging people who are doing amazing things. Aside from that, you also have to have a coach that really sees something for you that you may not see in yourself or really stretches your boundaries and helps you think differently, among other things.

Avoiding Mistakes

Margarita thinks it’s really important for business owners and leaders to be very honest with their competencies and weaknesses. Another mistake business owners do is falling too much in love with what you do that sometimes you forget to stop and check in with your customers to make sure that what you’re doing is still relevant and important to them. As business owners, you need to be in tune and listen to what our customers are asking for.

Episode #141: Darren Pierre | How Business Owners Can Improve Their Personal Relationships Mar 30, 2020

Show notes

In this episode of Enlightened Entrepreneur Podcast, Darren Pierre, author of ‘Invitation to Love,’ talks about his own experience both as an entrepreneur and as an author. Darren shares important points from his book which talks about the topic of love and the barriers of love that hinders it from being fully expressed, and why business owners today are getting affected by this.

Key Questions Asked:

What was Darren’s experience with love and to fully express it? How did all this sort of not so well relationships affected other areas of your life or your other relationships? How can people deal with not-so-great personal relationships? What can business owners do when they realize that their business life is being affected by their personal life? What are the main concepts of ‘Invitation to Love’? What challenges did Darren face as an entrepreneur and as an author and how did he overcome them? How does Darren deal with difficult days? Knowing what he knows now, what would he do differently?

Highlights of Lessons Learned:

Darren shares that a portion of his book talks about his relationship with his dad and that the reason why communication between them wasn’t as strong as he would’ve liked it to be was because of the differences that they have. If you’re not having a fully functioning home life or personal life, your business life cannot be fully functioning, they have a direct correlation with one another. The key is to figure out where is the root of the problem, then you’ll be able to have an authentic and honest conversation with the people involved. Nothing great is ever done without fear, and fear is a natural bi-product of moving into greatness. One of the principles that Darren had to learn to accept was that the success that he was looking for takes a little bit longer to get. When you don’t find your business the number one business in your field, know that that’s okay and that you need to continue to innovate yourself. A lot of times we get so caught up in climbing the mount Everest that we don’t realize that the step to get to the peak is the next step that we take, that’s one step closer. Knowing what he knows now, Darren would have set his expectations up differently.

Episode #140: Joanna Finney | 3 Skills That Separate Real Entrepreneurs From Wannabes Mar 27, 2020

Show notes

In this episode of Enlightened Entrepreneur Podcast, Joanna Finney, a full-service agent, talks about her journey and transition from working in the entertainment industry as an employee into going independent and starting her own business. Joanna shares a few useful tips on how to get started with business in today’s world and what skills all entrepreneurs need to have in order to thrive and succeed in their chosen field.

Key Questions Asked:

What were some of the things Joanna had learned early on in her business? What sort of changes had to take place when she moved from being an employee into a business owner? What advice would Joanna give to business owners who have just moved from the corporate and entered into the business world? How can they go about having the same results without the big budget? What sort of changes had to happen in her mindset and how did that change take place? How did Joanna get her first client? If she were to start all over again, what would Joanna do differently? What business skills do new entrepreneurs need to develop in order for them to stay in the business for a long time? How can business owners develop their own identity?

Highlights of Lessons Learned:

One of the things that Joanna has learned early on was that the people that truly care and helped her along the way were those that she never expected to. Losing the support of an IT department was the biggest challenge Joanna faced when she was finally starting her own business was. Joanna’s way of overcoming challenges with start-ups involved a lot of reading, a lot of trial and error, and not trying to be someone bigger than herself. One of the biggest things that helped Joanna push through was her mindset of setting goals for herself and making sure she delivers the service she promised herself and her clients. Given the chance to start all over again with her business in today’s world, Joanna would do more of promotion and research. Every business owner needs to develop a unique identity, which means figuring out what you enjoy doing and growing from there. Another skill is consistency, as well as transparency. If you believe you can do it and you are consistent and are constantly wanting to learn more, then you have nothing to lose and everything to gain. Another thing that helped Joanna with her business when she was starting up was listening to podcasts that talk about the skill set and knowledge that she lacks at that time. Developing your own identity as a business depends on what your platform is, what you do, and what your short and long term goals are. Figure out how you want to portray yourself but also how you want others to perceive you.

Episode #139: Tammy Johnston | 3 Skills That Will Help You Manage Your Finances Better Mar 25, 2020

Show notes

In this episode of Enlightened Entrepreneur Podcast, financial expert Tammy Johnston talks about three critical skills every entrepreneur needs to have and develop if they are going to succeed in their business. As a highly successful financial adviser with 23 years of experience on financial services and insurance, Tammy has graciously shared a few useful tips about finance that a lot of people, both in and outside the business realm, can benefit from in improving how they manage their finances.

Key Questions Asked:

What is the first critical skill that every business owner needs to develop when it comes to their finances? What tools can business owners use to become aware of what’s happening with their finances? For those who have already given the bookkeeping task to somebody, what are the ways around for them to get back to that awareness? What is then the second skill every business owner needs to have? What is the next stage that they need to focus on? What sort of planning tools does Tammy currently use in her business when it comes to finances? What is the right mindset that business owners need to adopt? How does Tammy go about finding like-minded and reliable individuals? What are the challenges that she faced and how was she able to overcome them?

Highlights of Lessons Learned:

Skills and Other Tips

The first skill every business owner must develop is awareness. Most people are often so busy making money that they have no idea of what is actually going on with their finances. When Tammy starts working with somebody, the first thing she asks them to do is handle their own bookkeeping for a minimum of six months. For those who have already got somebody else doing their bookkeeping, make sure to sit down with your bookkeeper or having a phone conversation at least once a month and having a look at your reports. The second skill that business owners must develop is planning. Plan for where you want to go. Next stage you need to focus on and figure out is what brings in profit to your business and what can you be doing to improve your marketing strategies.

Mindset, Challenges, and Tactics

As for the mindset, business owners need to be open-minded, they need to find competent and qualified individuals who will help bring out the most in them. The biggest challenge that Tammy had to deal with when she first started out in her business was the stress of not having the steady paycheck and not knowing exactly what’s coming. As a new business owner, you have to find ways of coping and keeping forward and being able to pay your bills. One way Tammy was able to do this was by reading good business books, another thing that helped her was having a circle of friends who knows she’s trying to do acts as her immediate support system.

Episode #138: Donovan Ryckis | 7 Financial Services Questions Everyone Needs To Know About Mar 23, 2020

Show notes

In this Episode of Enlightened Entrepreneur Podcast, finance expert, Donovan Ryckis answers seven financial services questions every business owner needs to know the answers to. He emphasizes the importance of how to go about managing your taxes, student debts, and insurance.

Key Questions Asked:

What would be the smarter way for any business owner who is just getting started to pay off outstanding balances that could hold them back from moving forward? How much then do they need to set aside or to start to contribute towards their retirement? What roadblocks did Donovan face throughout his entrepreneurial journey and how does he overcome them? How did Donovan get his first client? What is the role of mentors in his early years of running a business? Knowing what he knows now in terms of running a financial services provider, what would Donovan do differently if he were to start all over again? What things would he do more of that resulted to increase in his return on investment?

Highlights of Lessons Learned:

It’s not always the best case scenario to pay off all the student loans all at once just because you have it. A better way to do this is to keep making the minimum or regular payment of your student debt and use your extra money to start a private pension for yourself. Because the industry is so vast, opening a very defined business became the first roadblock that Donovan faced when he was starting out as an entrepreneur. Donovan has tried every marketing technique possible from making cold calls, following up on people, knocking on people’s doors, buying internet leads, to networking and attending seminars, using direct mail, getting client as well as professional referrals. Anybody can be an entrepreneur. It’s not always the smartest person getting it done, it’s usually the person that’s working the hardest, so if you want to do it, just do it. Everything he did and his accumulated experience from when he first started his business all contributed to Donovan’s success that he doesn’t think he will be able to reach his current status otherwise. Donovan would have worked harder to have more clients right from the start because a lot of times people focus first on making their product or service perfect, but the most important thing is having the clients for it.

Episode #137: Katie Christy | 3 Easy Skills Every Start-up Business Owner Must Acquire Mar 20, 2020

Show notes

In this episode of Enlightened Entrepreneur Podcast, finance expert, Katie Christy shares important points of her journey as an entrepreneur, particularly how she got started after having to basically put her dreams on the back burner for a couple of years in order to support her husband who is serving in the military. Katie helps businesses, organizations and individuals to make the most out of their natural talents, to make sure that they are activating, finding those talents and leveraging them in a more meaningful way.

Key Questions Asked:

What was it like for Katie to put her dreams aside in order to support her husband? What advice would Katie give to people who are feeling like they are having to put their dreams aside? After leaving her dreams behind for a little bit, what had to happen to finally get to where she is today? What is the number one skill that business owners need to develop in this journey of entrepreneurship? In her experience, what makes people don’t want to be adaptable to a situation and how can they change that? What is the second skill business owners need to develop? Looking back, what has produced so much result in Katie’s experience? What type of mindset do business owners need to cultivate if they’re going to succeed in this journey of entrepreneurship? If she were to do it all over again after knowing what she knows now, what would Katie do differently?

Highlights of Lessons Learned:

Skill Set

There are two ways Katie makes connections, the first one is to take advantage of and maintain her network people in the army which reach across the country and even across the world. The second is by putting herself out there as often as possible by attending local events, joining meetups that she sees on Linkedin and just any organization that she feels drawn to. Number one skill that business owners must have is grit and adaptability. What makes people not adaptable is not having the emotional intelligence or the ability to think outside themselves and put themselves in their client’s shoes. According to Tony Robins, the reason why people don’t change is that they fall so much in love with their product than they do with their customers. In order to change, they will need to open up their mindset from an outward based approach and really look inward. Another skill that Katie believe is really important for business owners to develop is the emotional intelligence or being able to go into a situation and really feel the mood of the room and their customers.

Expert’s Advice

What produced the most result for Katie is putting positivity out in the environment. According to her, when you have a giving mindset it comes back to you a hundredfold. As a business owner, you have to be able to brainstorm and see a better brighter future because of your contributions. In the beginning, Katie felt like she had to have all the answers before starting out on her journey. But looking back, Katie said she wouldn’t have been hesitant to start and to continue learning by experience and by taking more coaching sessions. According to Katie, it’s good to spend time with yourself and remember what it was that you loved to do as a child because those are the clues to the things that we should be doing as adults.

Episode #135: Jeanne Kelly | 3 Typical Credit Mistakes People Need To Stop Making Today Mar 18, 2020

Show notes

In this Episode of Enlightened Entrepreneur Podcast, renowned credit expert, Jeanne Kelly shared vital tips and insights about, credit, credit report, and credit scores. Jeanne emphasized three credit management mistakes everyone needs to avoid in order to build a good credit record.

Key Questions Asked:

How did Jeanne achieve a good credit record? What surprised her the most with all her research on credit? In her opinion, what are the number one mistake business owners make when it comes to managing their credit? What are the consequences of making these mistakes? What is the mistake that most often causes business owners to fail completely with credit management? What credit management practice do business owners think is right but is actually wrong? What type of activities can help build a good credit score? How long does it take for somebody to move from having a bad credit record to a positive one? How have coaches made an impact in Jeanne’s life? How does she market her business today? How does her typical day look like? As an entrepreneur, what does Jeanne know now that she wished she had known when she was getting started?

Highlights of Lessons Learned:

Expert’s Advice

Researching the credit industry, coupled with numerous attempts and failures were just some of the ways Jeanne obtained her extensive knowledge of credit. Back then what surprised her the most is there wasn’t really a lot of information about credit. In contrast to where we are today, we now use credit practically every single day, except people rarely know how to really use it. The best way to balance out the negative on your credit report is by starting today: pay bills on time, be aware, or obtain a new line of credit.

Mistakes and Solutions

The first mistake business owners typically make is people don’t pay attention to their credit scores at all and don’t look at what’s being reported about them or their business with the credit bureaus. People just aren’t aware. It’s best to either monitor it with a service or just make sure at least minimum twice a year you’re looking at it. Sometimes putting other people in charge will cause business owners to fail completely. The key is to always make sure you’re looking at your credit and monitoring it yourself A lot of people don’t think they need credit and thus don’t realize that it’s a healthy activity to keep your credit line open and use it every once in a while.

Episode #134: Jason J. Hamilton | The 3 Basic Skills of Highly Effective Financial Planners Mar 16, 2020

Show notes

In this Episode of Enlightened Entrepreneur Podcast, Financial Planning Expert, Jason J. Hamilton, shared three important skills every business owner needs to develop if they’re to succeed in managing their finances. The California-based President and CCO of KIS (Keep It Simple) also shared some advice on the best way to pay off a student loan and how to plan your retirement.

Key Questions Asked:

What are the three skills that every business owner needs to know when it comes to financial planning? Are there any tools or websites that they can use? What suggestion would Jason give for people or business owners who are feeling stuck? How has the role of mentorship played out for him in his business? Is there a smart way to pay off student loans? How much do people need to set aside for retirement?

Highlights of Lessons Learned:

Tips and Advice

He started his business 100% debt free because Jason does not believe it’s good to start a business having too much debt since it adds a lot of risks. Finding mentors is crucial, if you can find a specific mentor in your field, it would be good if you can talk to him for a few minutes every couple of weeks. A huge part of the mindset that business owners need to have is being able to see their goal and their vision when nobody else does.

Skills

The first skill every business owner needs to know about financial planning is to make sure you have a cash flow plan or a big budget because the number one reason for business failure involves cash flow problems. The biggest things you need to avoid are not planning for taxes and not collecting on what may be owed due to a bad receivable system in place. Jason recommends that you set up a completely different business checking account. The second biggest skill that is to make sure that you maintain a schedule at least on a weekly basis when you could actually work on your business. The third skill is not focusing on the money first, but focusing instead on delivering value to your clients. If you focus on being a man of value and a business of value, long-term, you’re gonna have a very solid foundation to build from as well as be able to establish trust with clients.

Paying Off a Student Loan

Become aware and realize that you are in a critical situation, you have to realize however the situation this is and how much it could potentially be holding you back from your long-term success. Line up your student loans smallest to largest and then identify your minimum payments. Subtract those payments from your monthly budget and whatever you have left every single month, take that dollar amount and apply it to the smallest student loan first.

Episode #133: Yeukai Kajidori | A Foolproof Way to Get Started with Outsourcing Mar 13, 2020

Show notes

In this episode of Enlightened Entrepreneur Podcast, Lucy interviews Outsourcing Expert, Yeukai Kajidori about his journey as an entrepreneur and how he got started with his online business. After having felt like working in an office is not going to work for him, Yeukai decided to quit his 9-5 job and instead partnered with his aunt in building a family business. However, he didn’t just stop there. When he faced a greater need, he was determined to find the solution. And by the time he did, Yeukai has already made up his mind to deliver that solution to all the business owners who might be in need just like he was before.

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