Have you ever wondered what it really takes to run a successful brick-and-mortar business in a world where most people start their businesses online? The barriers to entry are higher, the overhead is constant, the commitment is undeniable, and managing your money and your mind is non-negotiable.
In this episode, I sit down with Michele Meglio, CEO and owner of The Huntington Loft, a thriving event space in the heart of Huntington, Long Island. Michele shares her journey from corporate sales professional to brick-and-mortar business owner, including the challenges of balancing her full-time job, motherhood, and entrepreneurship.
If you're considering opening a physical business or struggling to make your current one profitable, this conversation will give you both the practical tools and the mindset shifts you need. Michele doesn't hold back on the realities of leveraging debt, managing cash flow, and the emotional rollercoaster that comes with taking such a significant risk in pursuit of a dream.
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What You’ll Learn from this Episode:
How to transition from treating your business like a hobby to running it as a profit-generating enterprise.
Why the most valuable sometimes require taking your brain out of the equation and trusting your gut.
The systems and investments that freed up Michele’s time as a brick-and-mortar business owner.
How to implement proper financial tracking to make confident business decisions rather than flying by the seat of your pants.
How Michele anticipated her customer’s needs and quickly built a reputation to be proud of.
Michele’s story of juggling a full-time job, family responsibilities, leveraging debt, and a growing business.
Listen to the Full Episode:
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Full Episode Transcript:
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