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There are already unique challenges that are presented to product-based businesses, not to mention when they are started during an international health crisis. Celeste Interrante is an entrepreneur and the Co-Founder of Turf Envy. In this episode, you’ll hear about the challenges of starting a business during a global pandemic, choosing where to expand, and what your team needs for your business to scale.
Takeaways:
- For product-based startups, cash flow can be a challenge as their money is tied up in inventory which takes time to be manufactured and shipped.
- Because of staffing issues in the post-Covid world, many companies are increasingly looking for ways to supplement their smaller workforces with technology.
- While technology is extremely helpful in tracking things like inventory, it is not a replacement for building great relationships with your customers, especially your repeat customers.
- In following the Marcus Lemonis philosophy of people, process, and profits, there is an emphasis from the outset on taking care of your team. This model offers a level of accountability and grace for your business.
- It’s very important to educate your customers on the upkeep and maintenance of your products to protect them from poor post-purchase experiences.
- You need to consider the long-term environmental impacts of your products from the manufacturing, installation, and maintenance of your products.
- You should develop written policies and standard operating procedures for your business so that it can still run in your absence.
Quote of the Show:
- “I really put my staff and my team first and go to bat for them, the customer's not always right” - Celeste Interrante
Links:
- LinkedIn: https://www.linkedin.com/in/celesteinterrante/
- Twitter: https://twitter.com/ceceinwa
- Turf Envy website: https://turfnv.com/
- Everything Turf Pros website: https://everythingturfpros.com/
Shout Outs:
- Marcus Lemonis
Ways to Tune In:
- Amazon Music: https://music.amazon.com/podcasts/337eea2a-f8ab-4b4f-8a36-fe4143b5913b
- Apple Podcast: https://podcasts.apple.com/us/podcast/leaders-who-scale/id1609131634
- Spotify: https://open.spotify.com/show/5PFtdxDlXcnaojG8jJk74T
- Google Podcast: https://podcasts.google.com/feed/aHR0cHM6Ly93d3cubGVhZGVyc3dob3NjYWxlLmNvbS9mZWVkLnhtbA
- YouTube:
Leaders Who Scale is sponsored by Siegel Solutions, providing world class accounting, advisory and QuickBooks and Acumatica Cloud ERP Services. Learn more at https://siegelsolutions.com/
Leaders Who Scale is produced by Ringmaster, on a mission to create connections through B2B podcasts. Learn more at https://ringmaster.com/
26 episodes