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Jun 12, 2023<\/p>\n
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\n \u00a0<\/p>\n \u00a0<\/p>\n https:\/\/wendybatten.com\/161\/<\/p>\n \u00a0<\/p>\n I recently hosted 12 of my Level Up Mastermind members \u00a0<\/strong><\/p>\n First of all, there is a lot to be said about meeting \u00a0<\/strong><\/p>\n Secondly, my retailers are all at different stages of \u00a0<\/strong><\/p>\n Three Seasons of Business:<\/p>\n 1. Building: Becoming known in your community, 2. Refinement: Finding your groove, the \u201cmessy 3. Growth: Role as CEO is expanding, adding revenue \u00a0<\/strong><\/p>\n But you came for the meat and potatoes of the \u00a0<\/strong><\/p>\n 6 Lessons and Takeaways from my Mastermind<\/p>\n 1. Find your momentum (or relocate it).<\/p>\n Feeling drained, uninspired, or unmotivated are common \u00a0<\/strong><\/p>\n We can\u2019t live in our comfort zone.\u00a0 We have to do \u00a0<\/strong><\/p>\n \u201cThe best we can do is to keep asking for help and 2. Revisit the goals you set for your business and \u00a0<\/strong><\/p>\n You need to know what YOU need from your business. Ask \u00a0<\/strong><\/p>\n 3. Understand where your money is going.<\/p>\n Stop chasing sales if you haven\u2019t figured out your \u00a0<\/strong><\/p>\n If you need more help with this topic, you need to be \u00a0<\/strong><\/p>\n \u201cThe person who doesn’t know where his next dollar is \u00a0<\/strong><\/p>\n 4. Your brand message\/image\/personality is We had a special guest at the retreat, Mr. Adam \u00a0<\/strong><\/p>\n A great tip Mr. Blackwell gave us was to think of your \u00a0<\/strong><\/p>\n Check out their businesses on instagram: \u00a0<\/strong><\/p>\n 5. Stop wasting time on tactics and vanity metrics and Doing so will get you more predictable sales.\u00a0 We Focus on the following:<\/p>\n Understanding your audience and How to pull those people from Knowing how to measure so that you \u00a0<\/strong><\/p>\n If you need more help with this topic, you need to be \u00a0<\/strong><\/p>\n 6. Brainstorming with a community of like-minded Hey! I built a container just for this! Why reinvent \u00a0<\/strong><\/p>\n I hope this was helpful to you and remember, you can Related podcasts we think you\u2019ll like:\u00a0<\/p>\n Episode Episode Episode Episode About your host, Wendy Batten<\/p>\n In case we haven\u2019t met yet, I\u2019m Wendy, a small Through online classes, business coaching programs, I am proud to have been featured in several major \u00a0<\/p>\n<\/div>\n
\nWith host retail coach Wendy Batten<\/span><\/p>\n
\nat a 2-day retreat in Orlando, FL.\u00a0 Members came from all over
\nthe US, Canada, and even one from New Zealand!\u00a0 The experience
\nwas profound on so many levels that I felt compelled to share some
\nlessons and takeaways with you here on the podcast.<\/p>\n
\nin person! Only a few members (me included) had met prior to this
\ngathering.\u00a0 We meet on Zoom once a month and have weekly
\ndrop-in calls but the camaraderie and community seems to become
\nmagical when you meet up with such a strong group of like-minded
\npeople in person. It\u2019s so important to remember that we are not
\nalone in running our retail businesses! Be on the lookout for an
\nupcoming episode of the podcast where my Level Up Mastermind
\nmembers share their best tips. It\u2019s going to be so good!<\/p>\n
\nbusiness, but most are in the \u201crefinement\u201d and \u201cgrowth\u201d stages as
\nidentified below.<\/p>\n
\nbuilding your brand<\/p>\n
\nmiddle,\u201d understanding your numbers<\/p>\n
\nstreams, the \u201csweet spot\u201d<\/p>\n
\nretreat.\u00a0 Here they are!<\/p>\n
\nand usually come from not having a clear direction. But
\nremember!\u00a0 Goals love action. Step into the role of CEO and
\nask yourself: What do I need to regain that momentum? What needs to
\nchange? Do I need to talk to a like-minded biz buddy? Join a group?
\nTake a vacation?\u00a0<\/p>\n
\nthe work we don\u2019t like or don\u2019t want to do.\u00a0<\/p>\n
\naccepting it when we can. And if you keep on doing that, you\u2019ll
\nalways be moving towards better.\u201d -Higgins, Ted Lasso<\/p>\n
\nlifestyle.
Ask yourself: What do I want from my business now?\u00a0 Five years
\nfrom now? Am I building a brand that is an asset that is sellable
\nor an empire that serves you for many years? The bonus around being
\nbusiness owners is that we get to choose who we serve.<\/p>\n
\nyourself: Am I getting the paycheck I need? Am I building an asset?
\nDo I have time freedom? Remember: This looks different for
\neveryone.<\/p>\n
\nmargins, expenses, payroll, your paycheck, profits. You must dig
\ninto your numbers and understand the basics of where all of your
\nmoney is going.\u00a0<\/p>\n
\nin the Inner
\nCircle over the next two months as we deep dive into this ahead
\nof our Holiday Boot Camp.<\/p>\n
\ncoming from usually doesn’t know where his last dollar
\nwent.\u201d\u00a0<\/p>\n
\ncrucial.<\/p>\n
\nBlackwell.\u00a0 Mr. Blackwell owns an advertising agency and runs
\nmany other successful small businesses alongside Mrs. Millie
\nBlackwell. Mrs. Blackwell attended as a member of my Level Up
\nMastermind.\u00a0 Even across multiple seemingly different
\nbusinesses, their branding is unique and unified.\u00a0<\/p>\n
\nbrand as a person. Give them a personality and even a name. Ensure
\nthat across all platforms your brand is cohesive.\u00a0<\/p>\n
\n@blackwellandsons and @thevillagebookshop<\/p>\n
\nget real and curious about strategy and metrics.\u00a0<\/p>\n
\nworked on understanding how to implement SIMPLE REAL SALES and
\nMARKETING strategies.\u00a0<\/p>\n\n
\nwho needs to know us and HOW we can get better known and our brand
\nout there<\/p>\n<\/li>\n
\nlurkers to shoppers and then raving fans<\/p>\n<\/li>\n
\ncan have more predictable sales, paychecks, time off.<\/p>\n<\/li>\n<\/ul>\n
\nin the Inner
\nCircle over the next two months as we deep dive into this ahead
\nof our Holiday Boot Camp.<\/p>\n
\nretail shop owners is magical.\u00a0<\/p>\n
\nthe wheel? There are countless years of experience within my
\nRetailers\u2019 Inner Circle. As a member you\u2019ll have access to really
\ncool shop owners and their shops, tons of masterclasses you can
\naccess on your own time, and the ability to brainstorm and bounce
\nideas off of YOUR people. Not to mention, we have two scheduled
\nopportunities every month for live coaching calls and
\nRoundtables.\u00a0<\/p>\n
\nalways reach out to me via my website or on social.\u00a0 I would
\nLOVE to see you in my Inner Circle this month!<\/p>\n
\n149: Retailer Success Series: How Two Friends Turned a Creative
\nHobby into a Successful Retail Business<\/p>\n
\n133: Retailer Success Series: Community, Culture, and CEO
\nMindset with Amy Cseh<\/p>\n
\n132: Retailer Success Series: Community Marketing Strategies
\nwith Millie Blackwell<\/p>\n
\n122: Retail Success Series: CEO Mindset and Community with
\nSylvia Davis from Louisville Mercantile<\/p>\n
\nbusiness coach and founder of the
\nRetailer\u2019s Inner Circle, where I help other independent shop
\nowners learn how to gain the right business skillsets to see more
\nprofits, paychecks, and joy as they navigate running their retail
\nbusiness.\u00a0<\/p>\n
\nspeaking, and a top-ranked podcast,
\nI\u2019ve helped hundreds of retailers around the globe reclaim their
\ndream and see the success they want from their beautiful shops. My
\nsignature private coaching community, The
\nRetailer\u2019s Inner Circle, has helped retailers around the world
\nbuild their retail business skill sets and confidence.\u00a0<\/p>\n
\npublications, including my own business column in What Women Create
\nmagazine. I have been privileged to be a guest on top-ranked
\npodcasts and sought-after as a guest speaker and teacher for
\nseveral brands, associations, and communities that are passionate
\nabout the success of independent retailers.<\/p>\n