Entrepreneurship Episodes
35
Aug. 2, 2022
How to Effectively Delegate to Scale Your Cannabis Business for Growth
Entrepreneurs start bootstrap companies and leverage their unique skills to grow a business. As they achieve success, many founders fall into the same trap, where they hold on to too many responsibilities and struggle to delegate tasks effectively. As a cannabis entrepreneur, you need actionable solutions to this challenge. So in this week's episode, Chip provides effective steps every cannabis business owner can take to increase your company's value and delegate tasks off your plate. We ...
33
July 12, 2022
Four Reasons Why It’s Better to Own a Big Chunk of a Small Company
It’s one of the fundamental questions all owners must wrestle with: should you own a big chuck of a small company or a small piece of a large company? And this is especially important if you're starting up a cannabis company and thinking of funding growth with equity. Owning a relatively small slice of a big pie has worked out well for both Elon Musk and Jeff Bezos, but they may be the exception. So, in this week's episode Chip shares four good reasons why your best bet is to own a big chunk o...
31
June 21, 2022
The Big Thing Holding Back Small Cannabis Businesses
Most every cannabis business starts small. It’s you and maybe a few investors realizing your dream of starting up a new cannabis venture, maybe in a state that just went legal. A lot of small businesses, cannabis or otherwise, stay small though either by choice or because they start chasing growth in the wrong places. So, this week let's talk about your cannabis business and its growth. Chip reveals the main factor why some businesses never achieve scale and realize growth. And we'll discus...
27
May 10, 2022
Six Essential Steps To Start A New Cannabis Business
As more and more states legalize the plant, cannabis businesses – even existing ones – are presented with more profit-earning potential. But before you start any business, you need to have some idea of what the industry landscape is like: What's the earning potential? What risks will you face? Who's your competition? Given the cannabis industry’s relatively short history -- and with new states coming online all the time -- the industry is always changing and evolving. Which means for both the ...