Summary

In this episode of the Business of Business podcast, hosts Staci, Jennifer, and Jack discuss transitioning from home-based businesses to brick-and-mortar establishments. They explore creative solutions such as business collaborations, networking, and community building as stepping stones for entrepreneurs. The conversation also delves into the challenges of navigating real estate, the importance of marketing and communication, and the legal considerations involved in shared business spaces. The episode concludes with reflections on the excitement of seeing businesses thrive in the community.

Takeaways

• Exploring options between home-based and brick-and-mortar businesses is essential.
• Creative collaborations can reduce overhead costs for new businesses.
• Networking is crucial for building a supportive business community.
• Marketing and communication strategies must be clear and effective.
• Legal considerations are vital when sharing business spaces.
• Shared spaces can provide exposure and reduce risks for new entrepreneurs.
• Community engagement can enhance business visibility and success.
• Understanding real estate dynamics is key for business expansion.
• Innovative solutions can help navigate the challenges of entrepreneurship.
• The excitement of business growth is a shared community experience.

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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.