Part 2 Interview with Alex Forbes - Lane 17 Custom Cabinets: Business Brain 560
Join us for Part 2 of our insightful interview with Alex Forbes from Lane 17 Custom Cabinets. In this segment, we dive into the challenges and strategies of growing a custom cabinet business. Here are the key topics covered:
0:00 - Hiring a Designer: Discover the impact of bringing a designer on board for design and sales, and the initial payroll challenges faced with no immediate productivity boost.
0:11 - Training Period: Understand the 90-day learning curve for new hires in a highly technical business and how to manage finances during this period.
0:18 - Financial Strategies: Explore Alex's approach to funding these crucial early stages and maintaining sales momentum.
0:25 - System Implementation: Learn about the importance of systems in creating a sustainable and efficient business.
0:36 - Entrepreneurial Mindset: Hear Alex and the hosts discuss the "figure it out" mentality essential for overcoming business challenges.
1:01 - Embracing Mistakes: Understand why mistakes are seen as "tuition" in the business growth process.
1:17 - Lean Principles: Learn about the adoption of the "two-second lean" methodology and its benefits.
1:20 - Coaching Insights: Alex shares his experiences with different business coaches, highlighting what works and what doesn’t.
1:44 - Phase-Specific Advice: Discussion on how entrepreneurs need to be in the right phase of their journey to appreciate certain business concepts.
3:05 - Value of Social Media: Alex talks about using X (formerly Twitter) to connect with other entrepreneurs, share challenges, and gain support.
5:17 - Authenticity on X: The conversation turns to the importance of authenticity on social media and how X stands out in this regard.
7:04 - Closing Thoughts: Final thoughts on collaboration, meeting other entrepreneurs, and the value of community.
Watch this segment to gain valuable insights into navigating the complexities of growing a custom cabinet business and embracing the journey with a resilient mindset. Don't forget to like, comment, and subscribe to our channel for more interviews with inspiring entrepreneurs!
#CustomCabinets #BusinessGrowth #EntrepreneurMindset #LeanPrinciples #BusinessCoaching #SocialMediaStrategy #BusinessChallenges
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