All tagged decisions

430: Game Theory and Running a Pet Care Business

430: Game Theory and Running a Pet Care Business

Collin

What can Game Theory tell us about running our business? We dive into game theory's relevance for pet care businesses, focusing on strategic decision-making. Using the Prisoner's Dilemma, we discuss the importance of trust and long-term relationships in a competitive landscape. We also offer strategies for pricing, quality of service, and client retention, emphasizing the goal of being the chosen service for repeat customers. We advocate for building a business that clients trust and return to, encapsulating the game theory principle: "The winner is the one who gets asked to play again." This episode will provide you with invaluable insights for fostering a sustainable and thriving business.

420: Balancing Data and Intuition when Making Decisions

420: Balancing Data and Intuition when Making Decisions

Collin

How should you use data when making decisions in your business? Data and quantitative information provides invaluable surety when we look to solve problems in our business. However, there are limitations to the accuracy and applicability to the data we collect. Ultimately, we are at the interplay of facts and figures and emotions with our customers. We break down how this impacts making good decisions and practical applications to use today!

407: Bookkeeping Mindset with Anne-Marie Kaden

407: Bookkeeping Mindset with Anne-Marie Kaden

Collin

Are you a numbers person? Whether you’d describe yourself as one or not, you run a business, so understanding your numbers is critical! Some people think it’s too complicated, others may have an emotional block to diving into them, but the fact remains that you will struggle to make sound decisions without drilling into your books. Anne-Marie Kaden, owner of Tiny Paws Pet Sitting & Tiny Paws Book Keeping, joins the show to share her passion for bookkeeping. She walks us through how good record keeping and number crunching helped her own pet sitting business, and why even knowing a little can be game changing for you. Anne-Marie discusses the different accounting methods, how to choose the right one for you, and even some best practices for using accounting software.

380: The Pet Business Owner Toolbox

380: The Pet Business Owner Toolbox

Collin

What tools does it take to build a business? As the business owner, you need to be equipped with the right tools to grow and run a successful business. We break down 10 tools we think every pet business owner should have in their tool box, and why they help you run a better business. Everything from organization and policies, to mindsets and personal development are needed, but you get to decide how they’re implemented for you. The best tools are the ones you know how to use and fit how you work.

370: Experimenting Well as a Business Owner

370: Experimenting Well as a Business Owner

Collin

Do you experiment in your business? Being a business owner means making changes, both big and small, so your company adapts to the constantly changing environment. But how do you do that well? By experimenting! On this episode, we share ways to approach making changes in your business so you get the most out of them. From setting time frames to recording data and results for later review, there are best practices you can do to optimize the results.

328: Rocky Road in 2023?

328: Rocky Road in 2023?

Collin

Monetary policy and interest rates are slowing the economy down, and most suggest a recession is in the work in the next 12 months. How do we digest this data and apply it to your business? What does this mean for the pet services industry? We break down several key questions for you to think through in your business. We also address the very real need for a support network and the psychological toll a recession takes on small business owners.

274: Stress and Anxiety as a Business Owner

274: Stress and Anxiety as a Business Owner

Collin

What do you stress about? As a business owner, you have a lot on your plate. Stress and anxiety can be a big part of running a business, but they don’t have to be! Use it as a tool to propel your business forward instead of it holding you back. We discuss the difference between fear and anxiety, some common stressful situations, and how we can start overcoming the anxiety they induce. Then, Natasha O’Banion answers, “How do I avoid paying payment processing fees?”

179: Avoiding the Pitfalls in Pet Care

179: Avoiding the Pitfalls in Pet Care

Collin

Being a service based industry, we should provide both excellent pet care and excellent customer service. However, as we strive to meet those demands on us and our business, there may be some pitfalls along the way. We cover the common ones we see in pet care, and those we have fallen into. We share how to avoid them and get out of them, if you find yourself already in one. Natasha O’Banion answers, “What’s one policy you wish you would have started sooner?”

171: Decision Fatigue

171: Decision Fatigue

Collin

Have you ever just wished you could stop making decisions? Decision fatigue comes from being overwhelmed with options and the never ending day-to-day decisions we have to make. We share our battle with it and how it can impact you and your business. We also share some of the simple things we can do to manage it. Natasha O’Banion answers the question, “How do I know it’s time to stop a service?”

052- Kitchen Confessions

052- Kitchen Confessions

Collin

On today’s Kitchen Confession, we discuss a recent meet and greet with a new client, how recent CDC guidelines are throwing a wrench in reopening plans, and how no matter what you have chosen to do with your time and your business, there is no judgement.