Ms. CEO Radio & TV
Retail Rocks: How to Start and Grow a Successful Retail BusinessAug
17
2011
Have you wondered what it is like to run a retail store and considered opening one of your own? Or are you already running a store and realizing that it is so much more than you imagined? Then this episode of The Ms. CEO Radio Show is for you.
Our guest, Tierra Destiny Reid, is the founder of Stylish Consignments Boutique and Serious Startups. She started her retail store with a dime, no investors, no cushion — just determination, preparation, and solid strategy. She loves numbers and she loves results!
She says she thrives off of freedom to grow and be creative, which is why she had to re-train her brain as it pertained to business. Tierra says most people become a slave to their retail store and end up hating it. Most people jump into business because of passion with no focus on profit — until they are in a rut. Most people who decide to open a retail establishment have not been trained by big box retailers from the entry level sales floor up the ranks into the corporate level in the buying office to understand the true nuts and bolts and industry secrets that make retail really work. But that's exactly what Tierra did!
Listen to this show to get a dose of her insight and knowledge and save yourself a few headaches and literally thousands of dollars. Tierra shares with you what really makes her tick and what has made her business boom, even during a tough economy. This military wife and mother of two went from downsized corporate employee to a profitable store with six figure retail sales in less than 2 years; she's a dynamo!
Get Tierra's top 3 tips for how to start, grow and manage your retail business and make it a huge success. Grab a pen and paper and hold on to your seat because Tierra Destiny Reid is NOT business as usual! LISTEN NOW:Alternative content -OR- Add new comment
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Women Entrepreneurs: How Outsider Status Can Lead to Better Business Practices
Dr. Mary Godwynentrepreneurs are even further regarded as outsiders. Through fascinating research, detailed in her new book — Minority Women Entrepreneurs: How Outsider Status Can Lead to Better Business Practices — Dr. Mary Godwyn, a professor at Babson College — the top rated university in America for an MBA in entrepreneurship for 17 consecutive years — shares the stories of several women entrepreneurs who defy standard business expectations in favor of their own values and beliefs. As a result, many of them have created unique and profitable business models in ways that would typically be frowned upon. Some of them pay significantly higher salaries and offer better working conditions and policies for their employees in locales where they could do far less because labor laws are not as protective of workers. Even with these concessions, some of them make millions. Listen in to this episode of The Ms. CEO Radio Show as Dr. Mary Godwyn explains:
- The ways in which women tend to be fundamentally different from men as business founders, owners and leaders;
- A surprising revelation by one of the multi-million dollar women business owners she interviewed during her research;
- What happens when women are economically empowered;
Book cover - Minority Women Entrepreneurs: How Outsider Status Can Lead to Better Business Practices - How womens "outsider" status in business is impacting the education of millions of college students across America;
- The feeling she was left with after completing the research for her book
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Ms. CEO Celebs featuring Alicia Keys
You know Grammy award winning artist, Alicia Keys, for her soulful and powerful voice — and let's not forget her skills on the piano. You probably also know she's a new mom who gave birth to son, Egypt Dean, in October 2010. But did you know that this superstar recording artist is also a business woman? In collaboration with a Canadian jewelry artisan she owns "The Barber's Daughter," a line of recycled silver and gold jewelry, inscribed with inspirational quotes. In an exclusive video interview with Ms. CEO, Alicia discusses what prompted her to start a business — and the powerhouse businesswoman who inspires her the most.