Ep 4. Dive into the pros and cons of different business formations. From sole proprietorship to partnerships, Coach Mo'Tivation breaks down the advantages and disadvantages of each structure and important questions to consider before making a decision.
But just when you think you have a clear understanding, Monique drops a bombshell story about a partnership gone wrong, leaving you wondering what happens next.
Whether you are just starting out or looking to scale up your hustle, this episode will give you the tools and tips you need to set up your business for success.
Grasp the essential nature of picking the right business structure for a thriving enterprise.
Evaluate the potential rewards and drawbacks of sole proprietorship and partnerships.
Uncover the advantages of establishing an LLC, such as personal asset security.
Delve into the unique characteristics of C Corporations and their funding possibilities.
Appreciate the value of a well-crafted operating agreement for efficient business management.
 
Free Resources:
Sample Pitch Deck 
Operating Agreement for Single Member LLC
DM Me @thegroomroommensspa • Instagram
 
 
Thank you to our Sponsors:
1. Groom Room Men's Spa & Lounge 215 Tremont St, Rochester, NY Door #8
2. Textures Beauty Bar 2352 Lyell Ave, Rochester, NY 14606  (585) 426-8336
3. Riverside.fm, the leading platform to record studio quality podcasts remotely.
Visit Riverside.FM and use promo code JAZZYCAST to get 2 HOURS of FREE Remote recording and 15% off a membership plan.
 
Produced + Edited by JazzCast Pros
 
Music from #Uppbeat 
https://uppbeat.io/t/dread-pitt/dangerous
https://uppbeat.io/t/mountaineer/lets-go
 
Don’t forget to like, comment, and share this episode with your friends and network. Let me know what type of business formation you're leaning towards and if you have any questions. I’d love to hear from you. 😊
The key moments in this episode are:00:00:01 - Introduction, 00:02:19 - Freelancing, 00:05:59 - Sole Proprietorship, 00:11:54 - Partnership, 00:16:42 - Lessons Learned, 00:17:50 - Business Partnership Structures, 00:19:20 - Limited Liability Companies (LLCs), 00:23:14 - C Corporations, 00:27:31 - Business Plan and Credit,
 
Other Episodes You'll Enjoy
How I Won the $5K Business Pitch Competition |
How to Create a Winning Business Plan with Rumella Cameron
Getting Real with Bossy | a podcast for women who OWN Business
 
#heartofthehustle #shemeansbusiness #pitchcompetition #femaleentrepreneur #groomroommensspa #lovemonkeybeards #jazzcastpros #Blackvoices #Businessformation #LLC #Corporation #Partnership 

Ep. 3 I just won the 2023 She Means Business pitch competition and $5,000 for the Groom Room Men’s Spa & Lounge! My first pitch opportunity awarded for $10,000! Let me show you how I did it.
Tune in and get ready to be inspired and motivated by my journey of winning one of the best pitching competitions for female entrepreneurs in 2023. 🙌
You'll learn the three types of pitches that you can prepare your business for and how confidence and through knowledge of your business are key to a successful pitch with investors.
Resources:
Sample Pitch Deck 
Free Pitch Deck Audit! DM Me @thegroomroommensspa • Instagram
 
Thank you to our Sponsors:
Pretty N Pink Beauty on Instagram @prettynpinkbeautyy 
Dispute Panda www.DisputePanda.comThe #1 AI credit repair software.
Groom Room Men's Spa & Lounge 215 Tremont St, Rochester, NY Door #8
 
This episode is supported by Riverside.fm, the leading platform to record studio quality audio or video podcasts.
Visit Riverside.FM and use promo code JAZZYCAST to get 2 HOURS of FREE Remote recording and 15% off a membership plan.
Produced + Edited by JazzCast Pros
 
Music from #Uppbeat 
https://uppbeat.io/t/dread-pitt/dangerous
https://uppbeat.io/t/mountaineer/lets-go
 
Don’t forget to like, comment, and share this episode with your friends and network. Let me know what you think of my pitch and what tips you have for pitching your own business. I’d love to hear from you. 😊
 
Other Episodes You'll Enjoy
Hustlers Make the Best Entrepreneurs
How to Create a Winning Business Plan with Rumella Cameron
$985 Million in Funding Available Through the SBA | Beauty Boss Millionaire
 
#heartofthehustle #shemeansbusiness #pitchcompetition #femaleentrepreneur #groomroommensspa #lovemonkeybeards #jazzcastpros #Blackvoices 

Ep. 2 This is my fifth year in business and I'm still in my "Building Season" because there are some things in my business plan that have to be re-worked or eliminated to stay profitable. Thankfully I have Rumella Cameron, CEO & Founder of Converse Business Solutions LLC to help us navigate it all.  
A business plan is a written document that describes your business idea, your goals, your strategies, your market analysis, your financial projections and your operational plan. It’s not just a document that you create once and forget about it. It’s a living document that you update and revise as your business evolves and grows.
3 Reasons Why You Need a Business Plan:
A business plan helps you validate your business idea. It forces you to do your research and test your assumptions. It helps you identify your target market, your unique selling proposition, your competitive advantage and your potential challenges. It also helps you estimate how much money you need to start and run your business, and how much revenue you can expect to generate.
A business plan helps you secure funding. Whether you’re looking for a bank loan, an angel investor, a venture capitalist or a crowdfunding campaign, you need to show them that you have a viable and profitable business idea. A business plan provides them with the information they need to evaluate your business opportunity and decide whether to invest in it or not.
A business plan helps you set and communicate goals. A business plan gives you a clear direction and a roadmap for achieving your objectives. It helps you prioritize your tasks, allocate your resources, measure your progress and adjust your strategies as needed. It also helps you communicate your vision and mission to your team members, partners, customers and stakeholders.
A business plan is not just a nice-to-have document; it’s a must-have document for any serious entrepreneur who wants to start and grow a successful business.
If you need help with writing or updating your business plan, I have some good news for you. Conversance has created a free template that you can download via the resource link below.
 
Resources:
90 Day Planner Workbook - Free Download
Conversance is your one-stop agency partner for business solutions, including virtual assistant support, business planning, business development, bookkeeping and financial services, task management, and more!
www.conversance.biz
rumella@conversance.biz
 
Thank you to our Sponsors:
Pretty N Pink Beauty on Instagram @prettynpinkbeautyy 
Dispute Panda www.DisputePanda.comThe #1 AI credit repair software.
Groom Room Men's Spa & Lounge 215 Tremont St, Rochester, NY Door #8
 
This episode is supported by Riverside.fm, the leading platform to record studio quality audio or video podcasts.
Visit Riverside.FM and use promo code JAZZYCAST to get 2 HOURS of FREE Remote recording and 15% off a membership plan.
 
Produced + Edited by JazzCast Pros
 
Music from #Uppbeat 
https://uppbeat.io/t/dread-pitt/dangerous
https://uppbeat.io/t/mountaineer/lets-go

Ep. 1 Meet Monique Chatman aka Coach Mo'Tivation. In this episode you'll learn why entrepreneurship was her best course of action for reform after incarceration and how she's dedicating her life to promoting self-care for men. 
Graduating from the School of Hard Knocks rather than traditional business school presented some unique challenges for this predicate felon, who struggled to fit into corporate work environments. 
Monique realized that by starting her own business, she could control her own destiny, rather than rely on the mercy of employers who saw her record as a liability. 
Now she is using her platform as an award-winning CEO and business coach to help the struggling entrepreneur make their dreams come true. 
 
Thank you to our Sponsors:
Pretty N Pink Beauty on Instagram @prettynpinkbeautyy 
Dispute Panda www.DisputePanda.com The #1 AI credit repair software in the world. 
Groom Room Men's Spa + Lounge  215 Tremont St, Rochester, NY 14608 Door #8
This episode is supported by Riverside.fm, the leading platform to record studio quality audio or video podcasts.
Visit Riverside.FM and use promo code JAZZYCAST to get 2 HOURS of FREE Remote recording and 15% off a membership plan.
Produced + Edited by JazzCast Pros
 
Music from #Uppbeat 
https://uppbeat.io/t/dread-pitt/dangerous
https://uppbeat.io/t/mountaineer/lets-go

Are you an entrepreneur at heart with the mind of a hustler? Then you’ve found the perfect podcast to help you turn your side hustle into a profitable small business.  
Hosted by coach Mo aka Mo’Tivation, an award-winning entrepreneur with an unconventional business background. 
Subscribe now and join me for the first episode of Heart of the Hustle Podcast on Monday April 24th on the JazzCast Pros Network.