Dfw Business Synposis

025 Growing Your Business

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Synopsis

In this episode, Tom and Michael Welch discuss: The growing CBD and hemp industry. The recent farm bill that legalized growing hemp. How to learn from your competitors. Why research is key to kickstarting a new business. Key Takeaways: Your competitors are your best benchmarks for success/failure in your industry. Research your industry, competitors, products, and services as much as you can before starting a new business. While some businesses may not seem profitable at first, a slight pivot in your product/service can lead to success. When hiring, always look for candidates who are qualified as well as fans of your product/service.   Connect with Michael Welch President & CEO, Rocky Mountain High Brands:   Website: www.Hempd.com Facebook: www.facebook.com/livehempd Twitter: @LiveHEMPd You can also click here to buy their products on Amazon.   Connect with Tom Niesen Owner & CEO, Acuity Systems, Inc:   Phone: 972-860-8695 x223 Website: www.SalesMadeEasy.com Email: Tom@SalesMadeEasy.com