Oct 9, 2023
With host retail coach Wendy Batten
https://wendybatten.com/178/
Show Notes
Running a retail business doesn’t have to be so hard, but sometimes
it can be, right? You want your business to be successful, but
sometimes as your business grows you face more challenges and bumps
in the road. Today I’m going to share 3 must-have mindset shifts
you need in order to keep growing your successful retail business.
I promise today’s episode can change your retail business for the
better.
Before we get started, I wanted to shout out my
Retailer’s Inner Circle.
The retailers in this group are doing the work, supporting each
other, and growing so fast – and there is always room for more! If
you need support in your retail business, join me and a community
of heart centered, like-minded retailers who are working on
bettering their retail businesses. Joining comes with access to
countless masterclasses (some I mention in today’s episode) that
you can work through at your own pace. We meet at least monthly via
Zoom and our Facebook group is active pretty much daily! If you’ve
been hesitant, ask yourself why? The monthly investment is low and
the rewards are so high. It’s a vibrant space because of retailers
like you who want to grow their businesses, make more profit, and
have more time in their lives.
Together we are always working on mindset.
Successful retailers need these 3 mindsets.
What we cover in the podcast this week.
Three Mindset Shifts You Need for Success
1.
Circumstances happen so you need to
build your resilience muscle.
We have all had bad things in our businesses: bad buys, bad
reviews, a good team member leaves. How do you react when these
things happen? Following the CTFAR model will help you control your
thoughts, your feelings, and your reactions. I talk about the CTFAR
model at length in
Episode 172.
It makes your resilience muscle stronger; and therefore you can
show up for your team as a better leader. As your resilience muscle
grows, it gets easier to be proactive when things go
haywire.
2.
You need to
understand the mechanics of your retail
businesses.
You need to make decisions based on your data, to know where your
money is going, to know how the risks you are taking will affect
your retail business etc. The numbers can be scary especially to a
lot of us who run creative businesses, but it is crucial to have a
grasp on them. There is a masterclass called Money Matters that
you’ll have access to with your membership to the Retailer’s Inner
Circle. The masterclass breaks it down for you so you can be
confident when talking about money and your numbers.
3.
You need to be
open to growing, learning, and changing.
You cannot stay still in retail. Even if things are going great for
you in your business right now, it likely won’t stay that way if
you aren’t open to evolving and growing in some way. You don’t know
what you don’t know, right? Growth can only happen when your
mindset is open to what is possible for your retail business. What
exciting opportunities have you said “no” to because you were
nervous? Could you have made it work? Have you shot down the idea
of business coaching because you didn’t think you needed it? Let’s
change your mindset around change and see what magic can happen in
your business!
Related podcasts we think you’ll like:
Episode 172:
Solve Any Problem and Get Better Results With This!
Episode 157:
Best of Series: Growth Mindset with Inner Circle Member Jeff
Lee
Episode 128:
5 Ways to Recreate That Disney Cash Flow Magic in Your
Shop
Episode 89:
Money Talk and Mindset with Profits First Coach April
Stroink
About your host, Wendy Batten
In case we haven’t met yet, I’m Wendy, a small business coach and
founder of
the Retailer’s Inner Circle,
where I help other independent shop owners
learn how to gain the right business skillsets to see more profits,
paychecks, and joy
as they navigate running their retail business.
Through online classes, business coaching programs, speaking, and
a
top-ranked podcast,
I’ve helped hundreds of retailers around the globe reclaim their
dream and see the success they want from their beautiful shops. My
signature private coaching community,
The Retailer’s Inner Circle,
has helped retailers around the world build their retail business
skill sets and confidence.
I am proud to have been featured in several major publications,
including my own business column in What Women Create magazine. I
have been privileged to be a guest on top-ranked podcasts and
sought-after as a guest speaker and teacher for several brands,
associations, and communities that are passionate about the success
of independent retailers.
When I’m not coaching, you will find me either DIYing and
renovating my very imperfect old crooked cottage by the sea in the
UNESCO World Heritage town of Lunenburg, NS, or blogging about our
travel and RVing adventures and the weird fun things we get up to
in our coastal village. I’d love to invite you to check out one of
my
free resources for real retailers
at
https://wendybatten.com/free-resources/
For more support from Wendy
Retailer’s Inner Circle – Join Wendy inside the best retailer’s
community
Wendy’s FREE Resources for shop owners
Hang out and connect with Wendy on IG
All of Wendy’s programs and services for shop owners can be
found
HERE.
Subscribe & Review in iTunes
Are you subscribed to my podcast? If you’re not, I’d love you to
consider it. Subscribing means you won’t miss an episode!
Click here to subscribe to iTunes!
If you want to be more of a rockstar, I’d love it if you could
leave a review over on iTunes as well. Those reviews help
other retailers find my podcast and they’re also fun for me to go
in and read.
Just click here
to review, select “Ratings and Reviews” and “Write a Review” and
let me know what your favorite part of the podcast is. So grateful
for you! Thank you!
S
