The Karmali Exchange

Do you know how to differentiate between an entrepreneur and business owner? More and more Canadians are claiming to be entrepreneurs but I'd argue they're business owners.  Also on this episode, what does it mean to add value to your business? See omnystudio.com/listener for privacy information.

Inflation is greatly impacting business owners. But that also means it's greatly impacting our customers.  Are we ensuring we are continuing to add value to our clients? Are we communicating changes that might be occurring as a result of inflation? See omnystudio.com/listener for privacy information.

“I feel like my job in the world is to get to a point in this world where we don’t have to say female entrepreneur and we just say you are an entrepreneur.” - Shashi Behl, Owner/Founder, Joydrop. Another panel of strong, successful business owners! I specifically asked for an all female entrepreneurs panel because let's face it, when creating my business, although I faced challen...

 Sometimes, the best advice is simple. I asked Robert Price, Maeghen Cotterill and Jan Jaffer what their top piece of advice is for business owners and they said: STOP hiring for resumes Culture eats strategy for breakfast Give back wherever possible If you can ensure your business is following those three tips, you will see results.  —  Thanks for watching! For other ways to...

The Battle of Alberta in the NHL playoffs have not happened in about 3 decades. What an opportune time for you to gain business, create brand awareness AND connect with your customers. Now's the time to think and get creative! GO FLAMES GO!!! See omnystudio.com/listener for privacy information.

Did you know that Tiffany's has been making the NBA Championship trophies for the past 45 years? This got me thinking about ways that you can apply this strategy to your business. High unemployment can be a big opportunity for business owners. Do you plan to capitalize on the huge talent pool that's available? Culture is the most important influence on the success of your company. Do you know what...

“If you’re too involved in the day to day, you won’t be able to grow the way that you want to." - Chief Visionary Officer, Dr. Jan Jaffer Entrepreneurs love hats. We love wearing as many as possible. We love having a hand on every aspect of our business. Wearing multiple hats is what we do to grow a business out of an idea.  But here’s the thing, this isn’t susta...

“You have to leave space and oxygen for opportunity to present itself.” Leadership requires a special skillset. It’s crucial for all entrepreneurs but not many know what it takes to be a good leader. Jeff Popiel, President of Village Brewery shares his advice on how we can strengthen our leadership skills to better our businesses. We talk about what it takes to have meaning behin...

I talk to a lot of entrepreneurs. When I sat down with Jeff Popiel, the President of Village Brewery, I noticed something different. Something that a lot of business owners could use some practice in. What is your company’s purpose? How does that inspire product? Why should people support your businesses vision? Jeff consistently finds opportunities to explain the emotional connection to the...

This weekly roundup is an important one.  We're talking about new beginnings... even if that means going through some tough times to get there.  Also, do you sell products on Etsy? I don't know much about it but there are a lot of users on the platform who are unhappy about rising fees.  See omnystudio.com/listener for privacy information.

The population in Canada is up. This is a big opportunity for businesses. Are you getting to know who is moving to Canada so you can prepare your product and service for this new wave of buyers? A great example of this is my most recent interview with Village Brewery. They are jumping on a new demographic with their non-alcoholic beer.  What are your thoughts? See omnystudio.com/listener for...

“I believe passion is something you bring to your work, not something you get from your work.” Talk about an interview full of passion and tangible advice that you can apply to your business. Jeff Popiel, President of Village Brewery, took on this role about a year and a half ago, right in the midst of the pandemic. On top of that, Village Brewery is a well-known, well-established busi...

Theft is a growing concern for a lot of business owners I've been speaking to. How would you address this tough scenario? What do you think about a one-time payment to your employees to account for inflation? We all have our star players on team but what happens if they choose to leave? See omnystudio.com/listener for privacy information.

“The harder I work, the luckier I get.” That’s just one of the amazing tips Ashley Freeborn, CEO/Co-Founder of Smash+Tess has in this video. But she also answers the questions like, how do you position your business for 66% year over year growth? How do you grow from 28 staff to 75 in just one year? How do you achieve 27 million annual revenue after only 5 years in business? Chec...

Interest rates are on the rise so now you have to think about your personal AND business finances.  How are you keeping employees motivated as they return to office? See omnystudio.com/listener for privacy information.

“If you’re not making mistakes, you’re not taking risks so make new mistakes. Just don’t make old mistakes, that’s the key.” This is the philosophy of Ashley Freeborn, CoFounder/CEO of Smash+Tess and my guest on this episode of The Karmali Exchange. Smash+Tess is a clothing brand disrupting the fashion industry with stylish “everywear” ethically prod...

Do you find that as a business owner, you are experiencing a high amount of stress and anxiety? Here are my tips to assist with those feelings.  Also, would you move your business to a four day workweek? See omnystudio.com/listener for privacy information.

Do you know the difference between Producer Price Index and Consumer Price Index? Knowing the difference could save your business.  Entrepreneurs sometimes get a bad reputation but I genuinely think they are the backbone of this economy.  See omnystudio.com/listener for privacy information.

Have you felt the impacts of inflation on your businesses? What are you doing to help your company through this time? Peloton is in the news again and I'm wondering, how do businesses who don't get as much public attention self-assess? See omnystudio.com/listener for privacy information.

Role reversal! In this episode of The Karmali Exchange, I am the guest and who better to interview me than my business partner Dave Popowich. There are many new subscribers to the channel so I thought it was a good time to share more about myself and my business journey. We talk about early influences, why I started playing hockey, how I almost broke Dave in Vegas and why I believe business owners...

Are you interesting in selling your business? Maybe you know someone who is...  Wordle has taken over the interview and the New York Times has picked up on it, so the NYT purchased it.  Facebook is plummeting. Is that going to have a big impact on your business? See omnystudio.com/listener for privacy information.

This weekly round-up has a bunch of interesting topics for you to think about and apply to your business. McDonald's is testing a new plant burger... testing products isn't new but I'm wondering how often you are testing products. Would you accept crypto-payments at your business? The CEO of Better.com who fired 900 employees over a video call is back. But do you think the business can bounce back...

More Canadians are getting full time jobs which is great for the economy but what does that mean for business owners looking to hire new talent? A new wave of business problems... employees getting sick and now, you're short staffed. How do you handle that scenario? Would you pay employees $5000 to quit? A business in Arizona uses this strategy to find out who wants to stay in the business. ...

We're starting the calendar year with more restrictions impacting businesses.  What is your strategy for this fifth wave and working from home? Many people want to work from home. They see it has a major benefit. So how are you strategizing to build job satisfaction? See omnystudio.com/listener for privacy information.

2021 was such a crazy year. It was filled with highs, lows and more uncertainty than ever before. But one thing I am certain of is how much I LOVE spending time with other entrepreneurs! I have so much fun whether we’re trading advice and tips or when they’re trying to teach me martial arts or how to play piano. These are the moments when I can escape my stresses and refuel by sharing...