SBA Emerging Leaders Initiative

Looking for an opportunity to grow your small business and succeed in your field? The U.S. Small Business Association is looking for candidates in February for it’s SBA Emerging Leaders Initiative.  It’s a 15 session federal training initiative available to entrepreneurs who fit certain criteria.

The free program is seven months long, and valued at $10,000. Participants work with experienced mentors, attend specialized workshops and develop connections with their peers, city leaders, and the financial community.

Podcast host Mary McCarthy spoke with Shannon Feucht of the Columbus, Ohio office of the U.S. Small Business Association, and with Bob Ross of Professional Consulting Associates. He is an instructor with the SBA Emerging Leaders Initiative.

What You Will Learn:

  • Criteria needed to apply for the program
  • Details on the CEO mentoring groups offered with the initiative
  • Stories of entrepreneurs who went through the program

Click here for more information on the SBA Emerging Leaders Initiative.

Shannon Feucht                                                                                                                            Lead Economic Development Specialist                                                                              Public Information Officer at U.S. Small Business Administration shannon.feucht@sba.gov                                                                                       614-469-6860

Bob Ross                                                                                                                                           CEO at Public Service Leadership Institute                                                                             PCA LLC                                                                                                                                                inspireservelead.com                                                                                            info@pca-1.com

 

 

Understanding Kiva Loans

Kiva is a non-profit microlender looking to “create the greatest impact possible with the small business community and entrepreneurs around the country.”

Our host Mary McCarthy spoke with Justin Renfro of Kiva a few months ago, about how the organization is matching up entrepreneurs with people all over the world who donate $25, $50, or $100 to help fund their dream. It’s a twist on crowdfunding that has a 93% funding success rate.

What You Will Learn:

  • How does microlending work?
  • How do entrepreneurs apply for a loan?
  • How does Kiva decide if an entrepreneur should get a loan?
  • The most popular types of careers/industries for funding on Kiva

Enjoy this episode? Subscribe to The Successful Micropreneur podcast on iTunes

Justin Renfro                                                                                                                         (formerly) Senior Program Manager at Kiva                                                                   kiva.org                                                                                                                                              borrow.kiva.o

Preparing your company to do business with the government

Acquiring a federal government contract can be a lengthy and overwhelming process. Small businesses interested in these lucrative, multi-year contracts, oftentimes do not know where to begin to get noticed for one. The government sets aside a percentage of contracts for small business, but how can you get your company noticed?

Roy Hodge is the owner of REH Systems Solutions, an information technology service provider. His company has started to position itself to be considered for these types of contracts. He speaks with host Mary McCarthy about what small businesses can do to market themselves, and how they can tackle such huge, detail-oriented projects.

What You Will Learn:

  • Details on the SBA’s 8(a) Business Development Program and how it can help
  • Marketing methods to get your small business considered for these jobs
  • Subcontracting and teaming agreements
  • Roy’s advice to small businesses interested in federal government contracts

Roy Hodge                                                                                                                                        Owner, Sr. Solutions Architect at REH Systems Solutions                          info@rehsystems.com

Traction & How Entrepreneurs can take control

Does your small business’ operating system need an update or a reboot?                 It may need an EOS – Entrepreneurial Operating System.

Alex Freytag of ProfitWorksLLC walks host Mary McCarthy through what EOS can do for entrepreneurs, and how it can improve their business.

EOS is mainly three parts:                                                                                                    Vision – Get leadership on the same page with where they want to go, and how they want to get there.                                                                                                             Traction – Creating the accountability, disciplines, and organization to help them achieve their vision.                                                                                                               Healthy – Creating a healthy, functional, cohesive leadership team.

What You Will Learn:

  • A detailed look into EOS, and why it works.
  • Why “Traction: Get a Grip on Your Business” is an important book for entrepreneurs to read.
  • The right way to delegate important duties to team members.
  • Alex’s tips on establishing core values for your company, and why you need them.

Alex Freytag                                                                                                                     ProfitWorks LLC                                                                                     alex@profitworksllc.com                                                                                                      “Achieve Your Vision” by Alex Freytag

EOS Resources for people outside Central Ohio:                                      EOSworldwide.com

Recommended Reading:                                                                                                   “Traction: Get a Grip on Your Business” by Gino Wickman

 

The Benefits of Microbusiness

3/1 UPDATE: Ohio House Bill 5 which adds and defines the term “microbusiness” unanimously passed the House, and moves on to the Ohio Senate. You can track the bill’s progress here.

 

In our first podcast of 2017, we update the status of microbusinesses in Ohio, and discuss the benefits and challenges associated with running them.

Host Mary McCarthy talks to Sharon DeLay, the president and owner of Go-HR. They share stories of struggles facing microbusinesses with retaining quality employees, paying (or not paying) for healthcare, and the lack of tax incentives.

What You Will Learn:

  • What microbusinesses need to be more competitive
  • An advantage microbusinesses have over larger companies
  • Who microbusiness owners need to talk to, to make change happen

HB 601 would add the definition of “microbusiness” to the Ohio revised code.  The Ohio House Commerce and Labor Committee has approved the bill, but it still has a way to go to become official. You can read more about it here.

Sharon DeLay
GO-HR
4889 Sinclair Road, Suite 103
Columbus, Ohio 43229
P (614) 473-0122
sharon.delay@go-hr.biz
http://www.go-hr.biz/