How to Run a Successful Small Business, Part 1
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- Опубликовано: 9 фев 2025
- If you're responsible for the success of a business or a sales team and you have troubling challenges that are keeping you from the results you want, please contact me and we'll find out if I can help. brian.gwpllc@gmail.com
If you have a solid business or real estate project and you're seeking $10MM or more to make it happen, please reach out and we'll see if I can help, brian.gwpllc@gmail.com
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Smart people with different skills and talents working together to achieve the same purpose is as good as it gets. All the best.
Hello, i have been longing to start and run a small business ashop but my major challenge is capital i need ksh.30000 or $ 300 dollars and wouldn't mind any support from well wishers .I am a kenyan citizen from Homabay county .aronedward2018@gmail.com(email address)
EDWARD ARON ,DID YOU GET THE HELP YOU NEED....
@@wallysmitty7665 do you know where can I get some help to start my small business?
Yes
smart people
Smart work.
Ll
Thank you for the time, effort, and knowledge you bring. I'm watching this video 9 years later.. Your work was not in vain!! God bless you my brother.
Thank you very much for those kind words. I appreciate it.
@@brian_silverthorn Its astonishing that you are still responding to comments. You're an absolute legend. Also thank you for you're series on this. It's been a gift for me.
@@kazakhstanman6121 Thanks for saying that. When people take the time to comment, acknowledging that effort and thanking them is the right thing to do.
If you need help contact us
I am 18, And I am looking at opening a small car yard as its quite big here in New Zealand. Finding all the advice I can.. Good luck everyone :)
Good luck with your small car yard.
My advice to you is don't! Learn what is is to work for someone else, learn what it entails to run a business, customer relations, financial statements, tax laws, competition, supply and demand, geographical advantage and disadvantage etc... don't start a business if you don't know what the hell you doing! It's like writing university exams without even going to school. You'll fail fast and fail hard
How did it go in 2 years pal?
How are you doing now, I'm 18 right now and I'm thinking about sobe buisness with cars too
Hey, it's three years later. How is it going with you and the business?
I don't know about the hotel business in Egypt so I can't comment on that. Starting any business correctly, including a cafe, and building it into a valuable asset is always a good idea. I know people who started with a cafe and have grown their business into 4 successful restaurants and a successful resort. It's taken a number of years and a lot of smart work, but it happened. Good luck with whatever you decide.
"To obtain financial freedom, one must be either a business owner, an investor, or both, generating passive income, particularly on a monthly basis." - Robert Kiyosaki. I wasnt financial free until my 40’s and I’m still in my 40’s, bought my second house already,got a new business my wife is managing, earn on a monthly through passive income and got 4 out of 5 goals, just hope it encourages someone that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing is a grand choice I made
I understand the fact that tomorrow isn't promised to anyone, but investing today is a hard thing to do for me now because I have no idea of how and where to invest in.I would be happy if you could advise me based on how you went about yours, as I am ready to go the passive income path.?
uunderstanding the intricacies of investing is crucial. That's why it's important to have a reliable support system, such as a financial consultant, who can guide you, especially when it comes to selecting assets. Personally, I work with Regina Louise Collaro, an investment advisor who collaborates with a licensed wealth management firm. I must say that my financial journey has been exceptional under her guidance. Regina is widely recognized for her excellent services, so you may already be familiar with her. Thanks to her expertise, I have achieved financial stability and now earn a consistent monthly income through her passive income strategy.
That’s great lawrence , your investment advisor must be really good,I have seen testimonies of people using the help of investment advisors in making them more financial stable. Do you mind sharing more info on this person?
She is easy to find , make a quick research of her on the internet with her name Regina Louise Collaro and leave her a message. I believe sh works with anyone independent of their location.
Thank you for talking about your financial consultant. I will definitely look her up and try to get in touch with her. I have realized that relying solely on RUclips videos and attempting to manage my finances on my own hasn't been very effective.
This video has been up and runing for 9 years now.. It is helping me (Owner of a small merchandise business) to learn how to not only keep my company steady, but how to keep growing.. God Bless you and thank you for all your effort..
Thank you very much for the kind words. I'm glad the information has been helpful.
I’m about to start a small business again
My first business failed due to COVID
This video couldn’t come at right time for me
Thank you so much for all the advices, I will follow each step to have and run small business successfully. Thank you
Hi Melissa. Thanks for the kind words. I'm happy that the video was helpful for you. Please check out the new series I've started. I just posted video number 2. The playlist is Step by Step Process for Starting and Growing a Successful Business. I wish you the best.
This is great because I was thinking of opening my own restaurant and I was trying to figure out how it can survive the first two years of business. Your video was wonderful, thank you so much! :)
Thank you. Restaurants are challenging but, done correctly, they can be fun and profitable. I wish you the best.
Excellent presentation sir. Good video length and clear message. Thanks really helpful.
Thanks for the kind words. I appreciate it.
Thank you for the amazing content! Such rich and useful information. I am excited to start this path of creating my own small business.
Thanks for the kind words. I wish you the best with your business.
Good luck to everyone !
b b4bkj
Great idea Fernando. My specialty is helping owners maximize the valuation of their businesses so they can do other things and still receive a guaranteed income.
Thank you Brain, your presentation motivates me to run my own business in the near future back home!
+Sharmarke Abdinoor I'm happy to hear you're motivated to run your own business. The world needs more successful small businesses.
Thanks for the info i must say your voice makes me comfortable and relax to intake the knowledge
Thanks for the kind words. I appreciate it.
Great video very useful information :) please keep up the amazing videos :)
That's the plan. Starting tomorrow, 6/21/16, I'll be posting a new video every day for 100 days. Tell everyone you know to tune in.
will do for sure :)
Hi Sir, i have no idea how i come a cross this great video!
i already share this blessing to my colleagues.
Thank you! God Bless....
+Ultra Clean Up Services JG Service Company Thank you for the kind words and for sharing the video. I hope it's a benefit to everyone who takes the time to watch.
Thank you for the advice this video was very helpful.
Thank you. I appreciate the comment.
Definitely got a new sub from me. We are ready for our uprising this summer 2019! Thanks Brian for the great advice!
Thanks for the nice comment. I hope all goes well.
As a Technological student, your video is still valuable for me.Thanks!
Thank you. I'm glad it has value for you.
I would also throw in government contracting opportunities for small businesses. The government spends over 500 billion dollars every year on contracting, and 23% is strictly devoted to small business.
Great Tips Brian...I'm currently starting my own business in Saudi Arabia, and your videos will absolutely play an important role in the success of my business.Now I know the areas I need to work on and how to properly manage my business. Thank you!
baraa abudawod Thanks for the kind words. I have a client that recently opened a franchise location in Riyadh which seems to be starting off strong. The best of luck with your new venture
Thanks Brian! Saudi market is booming nowadays and I believe that a rational person must see the potential.
Hi thanks a lot.. starting my business from next month .. learning a lot from you.
Thank you. I wish you the best with your new business.
Good one thank you for this training
Thank you very much for watching.
I enjoyed part 1 of your presentation - it was concise & to the point.
Thanks. I'm glad you enjoyed it.
this is my first time watching you. I am going to subscribe and listen to your every word! thank you so much for putting something like this up!
Thanks Josh. Welcome aboard. If you're interested, check out my newly launched website - mysuccesssystem.com
*****
Dear Brian Silverthorn,
I am Cambodain People , My name Thou Ratha I am a student of Marketing . So can you explain me more a bout to be success small Business.
រដ្ឋា ធួ Hi Thou. Asking for more about building a successful small business is a very broad request. Please send me a list of specific questions or concerns and if I haven't provided the answers in a previous video I'll make a new video to address your questions.
Nice! I love this channel too. Check out mine i hope its upto standards
Looking forward to see more. Great post.
Hi Brian, the perfect video at the right time as I am in the process of setting up a small business, but it is online.
+Online Services Thanks for the comment. Success online requires help just like every other business. All the components still apply, except for employees - maybe. Stay tuned to my website for lots of information and programs for entrepreneurs. success-sys.com.
Thank you!! Amazing way of message conveyance. Very helpful tips!! ( Kokila from Malaysia )
Thanks for the kind words.
about to watch part 2 right now...this is really good free info could be a possible future JV partnership
I'm still watching your videos. Keep it up.
Thank you. I appreciate it.
You’ve help so many people
Thank you very much. I like to help and I hope the information is useful.
Thank you for such a good advise. Its very useful for me as a young entrepreneur.
Thanks you. I wish you the best in your entrepreneurial endeavor.
Thank you very much. for this time being, im doing a guesthouse business an i want to upgrade it to boutique hotel business. In meantime, im also plan to do food truck business since i love to cook. Is that posibble that i can get some advice from you time by time?
Love the video. The hiring process is always the most frustrating. I was told hire slow fire fast, but it's difficult making that judgement call if they are the perfect fit.
Thanks for the comment. I appreciate it. If you're interested, there are 6 videos about hiring the right people in a playlist. Use this link - ruclips.net/p/PLPdEA7pzpYDMKnA7VBI60OHhbdn1Hq8c6
Vision Lingo how are you? And thank you for this amazing advises!
I im an office manager of an small business (10 w-2 employees)
My boss asked me today how the business was doing financially and asked me for a report!
I was speech less!
Embarrassing!
That is why I came to you tube Chanel looking for help!
In January 2017 the profit was 135k
In January 2018 the profit was 50k
- but the owner brought two buildings which we are half pay off the loan right now.
In January 2019 the profit is 60k
Is this healthy?
Thank you very much for getting back to me....
How can I get a class from you?
Thank you
Roseth
@@chatitaolivares4948 I don't know a whole lot about other traditional business models, but I see some damn good Persistence and Commitment with you, I'm sure you'll crush it, but I'm curious have you considered transcending your business to online? Keep pushing! and if you are open minded and you keep your cash flow options open and if you are serious, shoot an email at abdzshepperd@gmail.com! More love and growth to you Chatita!
Hey my friend, this is a wonderful video, and you run a great Channel. thanks for the uploads ! a fellow creator-=
Thanks for the positive feedback. I appreciate it.
Wow im glad to you your life story.
Thanks.
Video starts at 5:25
thanks a lot sir for this video for sharing your brilliant thoughts and ideas base on your great experience...i have a small bussiness before but i was loose it by wrong handling and not that much good knowledge...by now i am thinking to start it again...so this information is very big helpfull for me...God blessed you always and more power...
Thanks for the kind words. I wish the best for you should you decide to start another business.
Awesome love being a small business owner! Great nuggets!
Thanks. Let me know if there is ever anything I can do to help.
Brian Silverthorn will be an edh last week of July.
Give me a heads up and we'll find a place and time to meet.
Thanks DrippyHippyLlc really appreciates this video 🤙🏽🏄♂️!
Thank you. I appreciate you taking the time to comment.
Great Video,
Really hit home on building a successful business.
I do believe in surrounding yourself with like minded individuals.
If I have a dream, so should my team.
Thant's an excellent quote! Best wishes towards your future development
Well done
Thank you. Thanks for watching.
Extremely valuable content!
Thank you Peter. Thanks for taking the time to comment.
Opportunity lets you put your foot inside the door of success, but it doesn’t break the door down for you.
Thanks Brian! Top advice 👍
You're welcome. I appreciate the comment.
Brian thank-you because am young lady who wants to start my own small business
+Hilda kevins Good luck to you Hilda. I hope the videos on this channel help with starting and growing your business.
Yes it has given me more ideas and thank-you very much keep giving us more watching from kenya in Africa
Great video Mr. Silverthorn, really puts into perspective on how and what to look for to run a successful small business. When I am ready, I wish to open my own business and such I am trying to collect all the advice I can to do so and this video isa great tool for that.
Thank you. You smart to get as educated as you can before getting started. However, you'll continue to learn as you go. I wish you the best.
The tips provided are applicable also with marketing in such not just making the business stable. It's true that your standpoint and tips are very helpful since it's also applicable from online market and local marketing. The steps you've provided are very well explained and on the process, we will learn something new not just for small businesses and for the employees which are the important factors in once business. Thank you for this one.
Message still great after even 10 years
Thank you. The basic principles of business don't change. There are, however, great changes in technology and innovation that, used correctly, can speed the growth and success of a business.
This is a brilliant ideas, this will help me to improve the business that I was started two years ago
Thank you. I'm happy that you think it will help. I wish you the best.
Great tips. Thanks for the effort.
This surely is very useful to those having difficulties in building a strong brand for small businesses on the Internet. Many people don't usually see it but starting and building a web presence could be the toughest challenge of business people.
i like the set up, it feels so relaxing while listening and thinking
Thank you - again!
Thank you.
Could be too long for some. But, based on the "likes" and comments at the end of Part 2 the length is OK for many. Thanks for the input.
Thanks coach Brian
Just viewing your video because am not sure what to do. Basically am stuck between taking a course, getting a degree or open a business and what type of business.
So I need an advice!?, and a direction!.
I would love to run a business I just don't know where to start
Find a way to provide products and/or services doing something you enjoy and can do well that people will pay for. Ask business owners who have a business that would interest you how they got started. Most are willing to help you, but you won't know until you ask.
Great advice - much appreciated Brian !
Thanks Mike. I hope they prove to be helpful for you.
Very nice video
Thanks for posting
Brian... you're awesome. Thank you for providing the value that you do!
+Penelope416 - Thank you for the kind words Penelope. I appreciate you taking the time to comment.
thank you 🙌🏾💓
You’re welcome. Thanks for watching.
Hey there, I like this video. When you going to have more of these type of videos?
If you want to get these same videos on page 1 of Google, I can definitely help you with that.
Bests Regards and keep adding videos.
Damon
Thanks you so much Sir
YOu are most welcome. Thanks for watching.
great video! thank you!
Lovely analysis bro!!
Thanks for the kind comment. I appreciate it.
Thank you Mr. Silverthorn.
Thank you. I appreciate you watching.
Sir, you are a great help, thanks a bunch of good fresh berries.
I want to own my own boutique. Wouldnt mind starting out online and then do instore in the long run as well. I just need a smart business pusher. Then I will be successful.
Find someone running a business similar to the one you want to run and ask for help. Most successful business people are happy to help others get started and become successful.
@@brian_silverthorn thank you for your kind suggestion I will do that
I need to watch to this kind of video, coz i want to be a successful businessman with great corporation, i like the way you explain it and i love the background
I would like to start learning about business, I don't know were to start, all I can do is ask. Can someone recommend some good books, articles etc for a beginner
or something that focus's on these points specifically
*understanding of the financial statements of a company
*commercial law, particularly the law of contract
*contemporary economic principles and theories
*roles and responsibilities of management
*marketing principles
*business communications
*Learn how to analyse financial statistical data
Message would be great, thanks ;)
Thank you this really helped
You're welcome. I'm glad it was helpful.
Thank u Brian
My pleasure!
Epic video upload.
Thank you. I appreciate it.
Brian stated that he believes the keys to starting and growing a successful business are fundamentally broken down into Efficient Operations, Increasing Profits, Growth, and Quick Response To The Market. In my opinion, I think that he’s pointing out the fact that you must engineer systems for your business before you start it. Not to take away from what Brian is teaching you, but another business expert that you should check out is Robert Kiyosaki and his Rich Dad series because he goes into extreme detail about business systems. You could combine Robert’s teachings with that of Brian.
Best Local Businesses In Thanks for including me in the same sentence as Robert Kiyosaki. I'm honored. His books are a great resource for business knowledge.
Thank you 😊
You're welcome 😊
Thank you so much for your kindness in helping others by sharing your knowledge. I am from a different country with no family here and I am glad to say that the journey was not easy, but I was finally able to accomplished having my own small business... I know it doesn’t make me a billionaire. However, it makes me happy too inspiring others to dream and act in order to achieve their goals. Thank you, I love your video.
Thank you for your kind words. And, congratulations on starting your business. It's people like you who drive the economy and provide for others in many ways.
Thank you for sharing your best to as.
I'm planning to start a small restaurant business, please help me with a starting ideas.
Please, I will be appreciate to have your reply.
Great video
+Ciryl Lyrics Thanks Ciryl. I appreciate it. If you know anyone starting a business or thinking about it, please invite them to visit my website for easy access to information and advice that will help them get started successfully. BusinessStartupSystems.net
+Brian Silverthorn thanks. Im interested in this.. i plan on opening up a small business.
+Ciryl Lyrics Perfect. Please visit the site, sign up for the newsletter and let me know what you think. New content will be added regularly. And, well be starting webinars very soon. My contact information is on the site.
How to start business?, where to begin and what to look out for?.
Love 💖💖💖💖
Thank you.
Good info-thanks for sharing!
Thanks. I appreciate you taking the time to comment.
running a small and medium sized company, how do you start the international business?
Hello,
I’m a small business owner in the healthcare industry. How do I combat the business politics from clients and competitors? I can also use a mentor if available! Thanks.
I'd need to hear some examples of the politics you're encountering before I can give you a good answer. I'd be happy to help you with those issues with a quick phone call and also discuss mentoring. Please send an email with your availability for a call to brian@goodwolfpartners.net. Thanks.
Hi I'm a Sierra Leonia. I want to become an estate developer but I don't have money. I have been in the construction industry. What advice do you have for me?
Thank you
Become the best you can do at your job. Ask for opportunities to do other development related jobs and become the best you can be at those jobs. Once you've learned, gained experience and proven yourself look for development projects your confident you can complete successfully and put together a pitch deck for investors. Then start spreading the word. I wish you the best of luck.
Where is the safest place to start up a small business at this point?(like a bar)
I'm not sure what you mean by safest. Crime free? Lot's of potential clients so the risk of failure is low making it a safe investment? A lot of things need to be considered. I wish I had a good answer for you.
@@brian_silverthorn Sorry I didn't really specify...like I live in San Francisco, and it's gotten very difficult for small business owners due to street crime. I'm trying to understand if there are safer(from a physical wellness perspective) places to try to run a small business from than here.
@@thefartstarver35 I don't know your business, but anyplace that has the population needed to support your business and a low crime rate. If you want to stay in California, you may have to move to a safer town. Many folks I know have moved their jobs or their businesses to different states. You have a tough decision to make. I wish you the best.
I would love to get some consulting, I have a very small health center that I opened and it’s more successful than I thought it would be and I don’t really know where to turn. How to hire employees properly and manage the money.
Hi Yana, I'd be happy to schedule a call to learn more about your business and determine if I can help. Please contact me at briansilverthorn@att.net. Thanks.
My name is David Einstein CEO of D2B Cargo start up.D2B is an online truck booking market place.Im trying to reach out to understand how to send my pitch doc and presentation to you.Please advice
Hi David. Send it to brian@goodwolfpartners.net. Thanks.
Very informative
Sir I subscribe your Channel I am new in RUclips I love your Video, smile.
Thanks for taking the time to leave your comment. Welcome to the channel.
Welcome Sir thank you as I will watch all your video's thanks again.
Would you say it's better to start by working and managing a small business, gain a good amount of experience before starting your own? I plan on starting and building a very successful Homecare / Nursing Asst Schl/business very soon. Thanks for the lesson.
That's how it worked for me. I was the general manager for a small business before starting my own business. You don't have to start as an employee, but it's a great way to gain experience.
I have a new eGuide coming out very soon that will help when you start your own business, I'll be posting a video about it by the end of the week.
thank You sir
You're very welcome.
I'm making my buisnes dedicated to crystal jewerly and trippy/psychedelic art! I really hope it goes well and I already found out Legalization, and taxes. All I really need to get all of that stuff done and launch!
Congrats on your business. I hope it goes well.
Thank you for sharing this Mr BrianSilverthorn. We do agree that employee's always the number one. Now there's something I'll like to know from your perspective: Do you think that it is better to be paying our employee a monthly fixed salary or to give them incentives/commission by percentage in driving them to work for a common goal?
+Verse Monct It depends on the type of business and the position an employee occupies. The challenge is to find an objective, track-able result to tie the incentive/commission to.
It's relatively easy for sales people. Commissions can be based on dollar volume or units sold, for example.
The best way to get high performance and high productivity from employees is to be very thorough and very careful in the hiring process.
Thank you Mr Silverthorn for the Advice ~ Really appreciate it.
+Verse Monct
Past successful experience in a job of some kind is also key.
+Mary Skyers (Researcher) Agreed Mary. Verifiable successful results in the past should always be considered.
it is great thanks so much
I'm happy you enjoyed the videos. I hope they help you achieve the success you want in business.
it is so helpful :)
Hi, my business is more on marketing and networking, what best advise you can give me
Hi MD. I need to know about your business before I can answer your question. Please contact me at goodwolfpartners@gmail.com and we'll find a time to talk.
Thanks for sharing! I love watching small businesses prosper and grow. They bring new ideas and innovations to the market. You mention some very important points, such as the value of employee relations and ensuring that employees are happy, productive, and focused. Looking forward to more videos! I subbed :)
Thanks for subscribing. I appreciate it.
I want to plan small cigaratte company the consumption is high in our country ?
If you want to discuss it, contact me at goodwolfpartners@gmail.com and we'll find a time to talk.
Thanks for the detailed tips. I’m helping small businesses myself with their online marketing efforts using short (fun) videos that draw attention and was wondering whether we can cooperate together.
I need advice on starting a mini supermarket am based in Uganda
Send your specific questions to brian.gwpllc@gmail.com and I'll try to help.
In the first few years, when I'm just struggling to get by (I'm still working a full-time job), do I need a CPA, and if not, what do I need to do /how do I keep up best with expense receipts etc. ?
+Patricia Justice If you're struggling, there's no need for the added expense of a CPA right now. Keep your check register up to date and detailed. Make notes on your expense receipts and put them in a file. ASAP after the end of the year go through your check register and your expense receipts file, categorize the information, and then decide if you need help with your taxes. As your business income and the complexities of your business increase you can evaluate the need for a CPA. All the best.
+Brian Silverthorn
Thanks, Brian. I have receipts, and I have Paypal debit card payments that show up in my email box. Keeping track is the challenge...
What qualifies as a small business? How many employees?
It depends on who yu talk to. According to the US Small Business Administration any business with up $35.5MM in sales and 1500 employees is a small business. Most of the businesses I've worked with over the years have been 200 employees or less.
That said, every division, department and team within a larger organization is a small business serving internal and external customers.
Does anyone have tips on how to run a successful catering business?
that is not very difficult