Home Automation as a Business with My Auto Home

Juan Collao from My Auto Home discusses home automation as a business. His company helps customers dissect and decipher the best way to automate their specific homes, right down to which light switch to use. Juan’s business is new and he’s already a very astute businessperson. Some great insights in this episode – well worth a listen for business owners at every stage!

Highlighted quotes (listen for even more!):

  • When considering giving up your employee status, “What you have here is someone putting money in your bank account every two weeks whether you try 100% or not.”
  • “Maintain a sense of urgency,” even when just starting a business.

In addition to Juan’s blog, check out the home automation articles that he’s written for The Mac Observer, too.

Outside Advice for your Small Business and Social Media Tips

Shannon and Dave talk through the benefits of having someone unrelated to your business act as a sounding board. Almost like creating your own, mini Board of Directors, it’s valuable to have a trusted confidant or two who can give you honest advice, even if it’s from outside your business, looking in. Then it’s on to social media. Dave and Shannon discuss the merits of being yourself, what not to post and the value of paid Facebook promotions.

Small Business Management Tips from Marilyn Weinstein, Vivo CEO

Marilyn Weinstein, founder and CEO of Vivo, says “When you’re the owner, you don’t have the confidence that somebody else’s money gives you.” One trick is building a small business management team so that you’re the “other person” with the money, and delegating those decisions to someone else. Having a partner can mitigate that from day one, so long as you start your partnership correctly. Listen to Marilyn’s lessons and anecdotes on all of this … and more!

Business advice from Brian Friss of Digistor on the Small Business Show

Brian Friss joins us today on the Small Business Show. Brian co-founded DIGISTOR back in 2001 and one of the first things he did was to throw away the business plan he had. Instead he followed and guided his business through an evolution reflective of his marketplace, even changing his core products as necessary throughout time. Still, a chunk of business relies on optical storage, a product that has been “obsolete for seven years.” He is proof that serving a niche can be very profitable, but you need to pay attention to where you need to go next. The biggest lesson: avoid fear-based decisions. Easier said than done!