Show Notes
Diving deeper on one of episode 8's topic. Mike and Scott dig into the real mechanics of funding a business - when you actually need outside money, and what trading time, margin or control really means. They map out loans, VC and everything in between.
Drinking beer from: Garage Project - Mon P'tit Chou French Farmhouse Ale (5.0%) Eating a pie from: Gladstone Butchery - Steak and Mushroom
You'll learn: -The three ways to fund growth - revenue, borrowing, or equity - and what you trade away with each; -Why hitting a growth cliff is usually a sign your supply or delivery is the real constraint, not a lack of demand; -How loan terms actually work - term, security and interest rate - and why a mortgage and a payday loan sit at opposite ends of the same spectrum; -What VCs actually want to know before they write a cheque, and why your due diligence on them matters just as much as theirs on you; -and why showing what you've already built with $5K-$50K of your own money is often more persuasive than a perfect pitch deck.
Liked this one and want to uncomplicate your business growth and get better content? Make sure you catch the next episode - hit subscribe and check us out here: https://linktr.ee/pintspiesandprofits See omnystudio.com/listener for privacy information.
More from Pints, Pies & Profits
This ep the focus gets thrown on Scott. Mike asks him about his own life story - starting off from early days, going through a door-to-door sales grind to building his production company Blacklime - and how therapy, kindness and self-knowledge that got him there. It's the most personal episode yet.
Mike and Scott unpack the strategic foundations most businesses skip - purpose, vision, values, CVP and goals - and why skipping them means growing by accident instead of on purpose. They trace real examples from Lion Brewery's purpose statement to Point16's own vision, plus a listener Q&A on when to bring in a consultant.
A deeper, more tactical return to Episode 8's big question, with real dollar figures attached. Mike and Scott walk through exactly how to validate an idea at $0, $500 and $5,000 budget levels - and how to land your very first customer.
A fun, self-reflective one. Scott and Mike break down the three archetypes of business owner - Visionary, Craftsman and Hustler - and how understanding your own type changes who you should hire and how you should lead.
Built around a Richard Branson quote - employees first, customers second - this episode is a deep dive into how to identify, keep, and lead A-grade talent, even in a tight labour market.