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The EntreLeadership Podcast

Can My Business Survive Without a Partnership?

The EntreLeadership Podcast

Lampo Licensing, LLC.

Entrepreneurship, Business, Management

4.74.1K Ratings

🗓️ 24 March 2025

⏱️ 53 minutes

🧾️ Download transcript

Summary

Today, we’ll hear about:  A son deciding how to move forward with his business after his father’s death  A business owner dealing with the aftermath of a walkout  How Seth Dillon and The Babylon Bee are fighting for free speech   How insurance fraud is impacting a small business    Next Steps:  📞 Have a question for the show? Call 844-944-1070 or send us a message: https://ter.li/ask-us  📚 Learn about the EntreLeadership System: https://ter.li/system-p  💻 Get EntreLeadership Elite for your business: https://ter.li/elite-p  ✉️ Sign up to receive tactical tools, advice and resources in your inbox every week: https://ter.li/enl  🏢 Attend EntreLeadership Summit: https://ter.li/summit   🎤 Attend EntreLeadership Master Series: https://ter.li/masterseries   📖 Preorder Dave’s new book, Build A Business You Love: https://ter.li/4zfr52    Connect With Our Sponsors:  💼 Go to Belay Solutions or text ENTRE to 55123 for their free resource!  💻 Visit NetSuite today to learn more.  🧾 Visit Payority for a free consultation!  📈 Get started with Sales Gravy’s free resource, “The Small Business Owners Guide to Hiring Sales People”  📝 Use code ENTRE15 to get 15% off your first year of Trainual.    Listen to More From Ramsey Network:  🪑 Front Row Seat with Ken Coleman  🎙️ The Ramsey Show  💸 The Ramsey Show Highlights  🧠 The Dr. John Delony Show  🍸 Smart Money Happy Hour  💡 The Rachel Cruze Show  💰 George Kamel    Ramsey Solutions Privacy Policy

Transcript

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0:00.0

Hey, business owners, today is the day to pre-order our new book, Build a Business You Love.

0:06.4

Reserve your copy from the Ramsey store and get more than $350 in bonuses for free.

0:13.1

Go to Entreeleadership.com slash build or click the link in the show notes.

0:31.7

Thank you. show notes. From the headquarters of Ramsey Solutions, this is the Entree Leadership podcast, where I take calls from leaders like you about what it takes to win at any stage of business and leadership.

0:39.9

I'm Dave Ramsey, your host with over 30 years of experience leading in the trenches right

0:44.5

alongside you. If you want to submit a question, go to entreleadership.com slash ask or leave us a

0:51.8

voicemail at 844-944-1070. Thank you for joining us, America. We're glad you're here.

1:00.4

All right, Rudy is going to start us off in Ohio. Hi, Rudy. How are you?

1:05.4

I'm good. Thanks. How about you? Better than I deserve. What's up in your world?

1:11.1

So I am the owner of a small business that manufactures tax economy supplies, and we're currently

1:19.1

doing $4.3 million a year in revenue with 26 employees.

1:24.1

And my question is, in order to expand the business and grow

1:28.4

should we acquire other sculptors

1:31.8

in our industry in the form of a merger

1:33.8

so you've got someone

1:37.7

that knows how to do taxonomy that's a one-man show

1:40.5

why would you have to acquire them

1:42.8

why don't you just hire them

1:44.0

in our industry if you show, why would you have to acquire them? Why don't you just hire them?

1:54.3

In our industry, if you excel at taxonomy, eventually you get into making the products that tax immer still use and consume. And eventually, that leads to where everybody's kind of like

2:00.3

me and we start our own business manufacturing, that kind of stuff.

2:04.4

And so it's difficult because there's multiple people out there that, you know, are doing kind of the same thing as us.

...

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