Default Profitable

In this episode of the Default Profitable Podcast, host Matt Nettleton speaks with Michael Salemi, co-owner of Colored Threads, about his journey from corporate America to entrepreneurship. Michael shares insights on the challenges of starting a business, the importance of patience, and the evolution of their business plan. He emphasizes the need for mentorship and the significance of building relationships in business. The conversation highlights the realities of entrepreneurship, including financial struggles and the necessity of adaptability.
You can learn more about Michael on LinkedIn https://www.linkedin.com/in/michael-salemi-40b54b16/ or his company website http://www.colored-threads.com/ 

In this episode of the Default Profitable Podcast, host Matt Nettleton interviews Jessica Roosa, a first-generation farmer and meat processor. Jessica shares her journey from being a chemist to starting her own business in meat processing and sales, focusing on natural foods and supporting local farmers. She discusses the challenges and failures she faced in her farming journey, the importance of having a business plan, and the evolution of her passion for agriculture. Jessica emphasizes the significance of mentorship, continuous growth, and understanding consumer needs in the food industry.
 
takeaways
Jessica is a first-generation farmer and meat processor.
She transitioned from a career in chemistry to farming to incorporate her children into her work.
Jessica emphasizes the importance of learning from failures in farming.
She advises aspiring farmers to have a solid business plan before starting.
Passion for agriculture drives Jessica's work in providing good food.
Consumer awareness of local and organic food has increased significantly.
Mentorship is crucial for new farmers to gain knowledge and skills.
Continuous personal growth and leadership are essential for business success.
Jessica's business focuses on supporting local farmers and providing quality meat.
The conversation around food and farming has evolved over the years, becoming more mainstream.
You can learn more about Jessica on LinkedIn https://www.linkedin.com/in/jessica-roosa-bb462820/ or her company's website http://www.thisoldfarm.com/ 
 
Subscribe to the Default Profitable podcast on your favorite podcast platform or visit http://defaultprofitable.com for 100+ episodes about how Indianapolis businesses get built

In this episode of the Default Profitable podcast, host Matt Nettleton speaks with Derek and Maggie Higgins, a couple who run a successful roofing business together. They share their journey from education majors to entrepreneurs, discussing the challenges and successes they faced along the way. The conversation covers the importance of passion over profit, the lessons learned in starting a business, and the significance of investing in people and establishing a strong online presence. Derek and Maggie emphasize the need for strategic planning and the value of having a solid support team, including legal and financial advisors.
 
takeaways
Derek and Maggie transitioned from education majors to business owners.
They emphasize the importance of passion over profit in their business.
Starting a business requires commitment and a willingness to take risks.
Proper planning and legal considerations are crucial when starting a business.
Investing in a good CRM can streamline operations significantly.
Establishing an online presence is essential for growth.
Taking care of employees leads to better returns for the business.
The couple's journey involved turning their living room into a multi-state operation.
They advise against cutting corners on legal and financial advice.
A strong company culture is built by investing in people.
The best way to learn about Derek, Maggie and Hoetwon roofing is their website https://hometownrfg.com/ 
Subscribe to the Default Profitable podcast on your favorite podcast platform or visit http://defaultprofitable.com for 100+ episodes about how Indianapolis businesses get built

In this episode of the Default Profitable podcast, host Matt Nettleton interviews Phil Schumacher, a plumbing entrepreneur who shares his journey from a career in criminal justice to starting his own plumbing business. Phil is someone who truly understands the power of integrity and expertise in the service industry. As the leader of Prime Plumbing & Drains, they’ve built a company known for ethical business practices, high-quality workmanship, and a refreshing no-BS approach to plumbing. Whether you’re a homeowner, a business owner, or someone who just wants to hear what it takes to build a thriving service-based company, you’re in for a great conversation today. Let’s dive in!
Takeaways
Planning and preparation were crucial before launching his business.
Phil's initial plan was about 50% accurate in hindsight.
Employee training and values are essential for business success.
Phil aims for his work to reflect pride and quality.
His business reputation is tied to his family's name.
You can learn more about Phil on LinkedIn https://www.linkedin.com/in/philip-schumacher-32606a91/ or his company website https://primeplumbingdrains.com/ 

In this episode of the Default Profitable podcast, host Matt Nettleton speaks with Travis Brown, CEO and founder of Mojo Marketing and Media. They discuss the challenges and successes of starting a creative business, the importance of having a solid plan, and the lessons learned from navigating the entrepreneurial landscape. Travis shares his journey from the mortgage industry and motivational speaking to establishing his marketing agency, emphasizing the need for self-awareness, understanding team dynamics, and the significance of patience in achieving profitability. The conversation also touches on the realities of remote work and the essential advice for aspiring entrepreneurs.
takeaways
Travis Brown shares his journey of starting Mojo Marketing and Media.
The importance of balancing family life and business responsibilities.
Starting a business during COVID presented unique challenges.
Self-awareness is crucial for recognizing strengths and weaknesses.
Hiring a fractional CFO helped Travis understand financials better.
Many entrepreneurs lack a comprehensive business plan before starting.
Understanding client acquisition is vital for business success.
Remote work can hinder collaboration and efficiency for some individuals.
Patience and profitability should be prioritized in business growth.
Building a strong team is essential for long-term success.
you can learn more about Travis and his company on linkedin https://www.linkedin.com/in/travisjaydenbrown/ or his company website https://mojoup.com/ 

In this episode of the Default Profitable Podcast, host Matt Nettleton speaks with Jeff Godby, owner of Godby Home Furnishings, about the journey of running a family-owned business. Jeff shares insights on transitioning leadership, the importance of company culture, and the challenges of maintaining profitability in a competitive market. He emphasizes the value of showing up, taking risks, and treating employees well, while also discussing the significance of community support and the realities of entrepreneurship.
takeaways
Jeff Godby is the second-generation owner of Godby Home Furnishings.
The business started with a $5,000 investment and has grown to $40 million in sales.
Transitioning leadership in a family business can be challenging but necessary.
Company culture is crucial for employee retention and satisfaction.
Showing up consistently is key to business success.
Profit is essential for sustainability and should not be viewed negatively.
Community involvement is important for local businesses.
Hiring trustworthy employees allows for effective delegation.
Navigating external challenges is a significant part of running a business.
The American dream is alive through entrepreneurship.
You can learn more about Jeff at his ompany website https://www.godbyhomefurnishings.com/ 

In this episode of the Default Profitable podcast, host Matt Nettleton speaks with Joel Sheets, co-owner of Black Tie Builders, about his journey in the home services industry. Joel shares insights on starting and growing a home remodeling business, the importance of passion in work, and the lessons learned from scaling a business. He emphasizes the significance of financial management, building strong relationships with contractors, and the value of education for aspiring entrepreneurs. The conversation highlights the balance between work and family life, and the desire to create a fulfilling business that allows for quality time with loved ones.
 
You can learn more about Joel on Linkedin https://www.linkedin.com/in/joelsheets/ or his company website https://www.blacktiebuilders.com/
 
Subscribe to the Default Profitable podcast on your favorite podcast platform or visit http://defaultprofitable.com for 100+ episodes about how Indianapolis businesses get built

In this episode of the Default Profitable podcast, host Matt Nettleton interviews Matt Crowder, a successful entrepreneur who transitioned from a corporate job to starting his own business. They discuss Crowder's journey, the challenges he faced, particularly during the COVID-19 pandemic, and how he adapted his business model from photography to laser scanning services. Crowder shares valuable insights on the importance of market research, building relationships, and the necessity of continuous learning in entrepreneurship. The conversation also touches on the future of business with the integration of technology and AI.
You can learn more about on linkedin https://www.linkedin.com/in/mattscrowder/ or his company website https://mapp3dsolutions.com/ 
 
Subscribe to the Default Profitable podcast on your favorite podcast platform or visit http://defaultprofitable.com for 100+ episodes about how Indianapolis businesses get built

In this episode of the Default Profitable Podcast, host Matt Nettleton interviews Dan Hanrahan, a seasoned entrepreneur who shares his journey from tech recruiting to launching multiple businesses in the home services sector. Dan discusses the importance of profitability, the challenges of transitioning from tech to local services, and the mission of his latest venture, NeighborServe, which aims to connect homeowners with vetted local contractors. He emphasizes the value of building relationships and the significance of a strong vetting process for contractors, and offers practical advice for aspiring entrepreneurs.
 
Sound Bites
"I wanted to run profitable businesses."
"We help homeowners care for their homes."
"We want to deliver incredible service."
"Ask for help, be vulnerable."
You can learn more about Dan on LinkedIn https://www.linkedin.com/in/danhanrahan/ or his company website https://neighborserve.com/
Subscribe to the Default Profitable podcast on your favorite podcast platform or visit http://defaultprofitable.com for 100+ episodes about how Indianapolis businesses get built

In this episode of the Default Profitable podcast, host Matt Nettleton speaks with Jennifer Pope Baker, founder and CEO of MVP Giving, a philanthropic services firm focused on the professional sports community. They discuss Jennifer's journey in the nonprofit sector, the complexities of charitable giving, and the importance of understanding nonprofit organizations. Jennifer shares her insights on how to navigate the world of philanthropy, the challenges faced by nonprofits, and the lessons learned in starting her own business. The conversation emphasizes the need for patience, expertise, and intentionality in both philanthropy and entrepreneurship.
takeaways
Jennifer Pope Baker is the founder and CEO of MVP Giving.
Philanthropy education is crucial for young adults.
Not all charities are created equal; due diligence is essential.
Understanding the nonprofit sector's language is vital for athletes.
Patience is key when starting a new business.
Having a second set of eyes on your work is important.
Start with experts like lawyers and accountants.
Jennifer emphasizes the importance of legacy in giving.
Bold and transformative giving requires time and investment.
Navigating nonprofit challenges requires understanding their operations.
Sound Bites
"You need partners to do that."
"Not all charities are created equal."
"Patience is really what it is.
You can learn more about Jennifer on LinkedIn https://www.linkedin.com/in/jenniferpopebaker/