96: Maximizing Profit Through Retail Business Strategy with Salena Knight
Your First Thousand Clients with Mitch Russo
Mitch Russo
5.0 • 104 Ratings
🗓️ 26 May 2018
⏱️ 43 minutes
🧾️ Download transcript
Summary
How can you maximize profit with your retail business? Salena Knight knows the strategy. She is a business owner who started as a government employee dealing with teams of contractors, angry clients, and mayhem on a daily basis. Adding to that a miracle, her new baby who needed a sustainable baby product. Salena did what all great entrepreneurs do and opened a retail store. That's when the life-changing lessons of business hit like waves on the beach, “How do I get clients? How do I manage inventory? What about staff?” Finally, she perfected the process, sold the stores, and now teaches others how to scale their own retail empire even in the face of Amazon.
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Transcript
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| 0:00.0 | If you're a business owner, you don't need us to tell you running a business is tough. |
| 0:03.8 | Don't let quickbooks and spreadsheets slow you down anymore. |
| 0:06.9 | Now is the time to upgrade to NetSuite by Oracle, the world's number one cloud business system. |
| 0:12.4 | NetSuite gives you the visibility |
| 0:14.2 | and control over your financials, HR inventory, e-commerce, and more. |
| 0:18.6 | Join the over 21,000 companies using NetSuite right now. Schedule your free product tour right now at |
| 0:24.8 | NetSuite.com slash C-suite. Netsuite.com slash C-suite. Welcome to another episode of your first thousand clients. I'm your host |
| 0:40.0 | Mitch Russo. I am in business and work with clients every day. Together we create |
| 0:46.4 | businesses that serve others as our highest priority. I have a responsibility to |
| 0:52.0 | find, curate, and deliver the best business building information possible. |
| 0:56.6 | To do this, I call through hundreds of profiles and interview requests to bring you the top leaders |
| 1:02.4 | with incredible information that I think will serve you best. |
| 1:06.0 | Today my guest is a business owner who started as a government employee dealing with teams of contractors, |
| 1:12.2 | angry clients and general mayhem on her daily |
| 1:15.2 | basis. |
| 1:16.2 | Then a miracle, a new baby who needed a sustainable baby product and none were easily located. So she did what all great entrepreneurs do and |
| 1:26.0 | opened a retail store. That's when the life-changing lessons of business hit like waves on the beach. |
| 1:33.6 | How do I get clients? |
| 1:34.7 | How do I manage inventory? |
| 1:36.2 | What about staff? |
| 1:37.6 | Finally, she perfected the process, sold the stores, |
| 1:41.8 | and now she teaches others how to scale their own retail empire even in the face of Amazon |
... |
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