In this episode, the hosts discuss the importance of preparing for the end of the year and the upcoming new year in business. They emphasize the need for effective planning, maintaining relationships with accountants, and the significance of tracking financial metrics throughout the year. The conversation discusses mental health, scheduling time with professionals, and practical considerations for year-end financial management.

Nugget Alerts:
- It's crucial to track your revenue and expenses throughout the year.
- Building a good relationship with your accountant can ease year-end stress.
- Planning for the new year should start well before January.
- Scheduling time with business professionals is essential for success.
- Understanding your financial position helps in making informed decisions.
- Taking time away from daily operations allows for better goal setting.
- You can improve your business processes with each year-end experience.
- Consider changing your fiscal year for better planning.
- Maximizing retirement contributions can provide tax benefits.
- Don't let urgent matters distract from important year-end tasks.

#businessofbusiness
#twodaughters
#thedad
#entrepreneur
#thedempseys
#businesspodcast
#nuggetalert

Email us at: TwoDaughtersAndTheirDad@gmail.com

Please download our Best of Nuggets eBook here.

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Jennifer Faith Dempsey has been in the beauty industry for over 10 years. For the last 5m years, she has owned J. Faith Hair Studio. She brings her experience on how she balances entrepreneurship and motherhood. Check out Jen’s blog.

Staci Joy Dempsey is an insurance agent, a mom, and a busy non-profit volunteer. She truly understands what it means to be an entrepreneur. Staci serves as the podcast's host.

Jack Dempsey is the dad who heads up this busy family. He is a founding partner in Dempsey, Weiss & Associates, an Elmer, NJ-based insurance and investment firm that began more than 30 years ago.

In this episode of the Business of Business podcast, hosts Staci, Jennifer, and Jack Dempsey discuss the role of fear and risk-taking in entrepreneurship. They explore how fear can manifest in business, the importance of taking calculated risks, and the difference between healthy and paralyzing fears. The conversation emphasizes the need for fact-checking fears and recognizing opportunities that arise from challenges. The hosts also highlight the evolution of entrepreneurship and the advantages of starting a business in today's environment.

Nugget Alerts:

• Fear can be a powerful motivator in business.
• Risk-taking is essential for growth and evolution.
• Healthy fear involves due diligence and research.
• Fact-checking fears can help in decision-making.
• Opportunities often arise from challenges and fear.
• Entrepreneurs can fail fast and learn quickly.
• The landscape of entrepreneurship has changed for the better.
• Building confidence in risk-taking is crucial.
• Mentorship plays a vital role in overcoming fear.
• Embracing fear can lead to fulfillment and success.

#businessofbusiness
#twodaughters
#thedad
#entrepreneur
#thedempseys
#businesspodcast
#nuggetalert

Email us at: TwoDaughtersAndTheirDad@gmail.com

Please download our Best of Nuggets eBook here.

Like and follow us on Facebook

Jennifer Faith Dempsey has been in the beauty industry for over 10 years. For the last 5m years, she has owned J. Faith Hair Studio. She brings her experience on how she balances entrepreneurship and motherhood. Check out Jen’s blog.

Staci Joy Dempsey is an insurance agent, a mom, and a busy non-profit volunteer. She truly understands what it means to be an entrepreneur. Staci serves as the podcast's host.

Jack Dempsey is the dad who heads up this busy family. He is a founding partner in Dempsey, Weiss & Associates, an Elmer, NJ-based insurance and investment firm that began more than 30 years ago.

In this episode of the Business of Business podcast, hosts Staci, Jennifer, and Jack Dempsey answer your questions, and candidly discuss their business experiences, focusing on overcoming challenges, establishing effective routines, and the importance of motivation. They share personal anecdotes and insights on navigating the ups and downs of entrepreneurship, emphasizing the significance of understanding one's 'why' and the value of community support. The conversation also touches on the best and worst advice they've received throughout their careers, providing listeners with practical takeaways for their own journeys.

Nugget Alerts

• Understanding your 'why' can help you stay motivated.
• The first three years in business are often the hardest.
• Establishing a morning routine can set the tone for the day.
• Change is a natural part of entrepreneurship.
• Consistency is key, even when motivation wanes.
• Reflecting on personal values can guide business decisions.
• Helping others can be a powerful motivator.
• It's important to separate work and personal time.
• Community involvement can enhance business success.
• Listening to motivational content can inspire growth.

#businessofbusiness
#twodaughters
#thedad
#entrepreneur
#thedempseys
#businesspodcast
#nuggetalert

Email us at: TwoDaughtersAndTheirDad@gmail.com

Please download our Best of Nuggets eBook here.

Like and follow us on Facebook

Jennifer Faith Dempsey has been in the beauty industry for over 10 years. For the last 5m years, she has owned J. Faith Hair Studio. She brings her experience on how she balances entrepreneurship and motherhood. Check out Jen’s blog.

Staci Joy Dempsey is an insurance agent, a mom, and a busy non-profit volunteer. She truly understands what it means to be an entrepreneur. Staci serves as the podcast's host.

Jack Dempsey is the dad who heads up this busy family. He is a founding partner in Dempsey, Weiss & Associates, an Elmer, NJ-based insurance and investment firm that began more than 30 years ago.