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Small Business Stories

Published by Loralyn Mears, PhD

  • Entrepreneurship
  • Business

Welcome to Small Business Stories, the podcast where we celebrate the real-life journeys of small business owners. We dig into inspiring tales of triumphs, challenges, and the tough lessons we learned along the way. Each episode is packed with relatable anecdotes and practical tips that you can use to fuel your own entrepreneurial dreams. Whether you're just starting out or looking to grow your business, you'll find motivation and insight in every story. Tune in and get ready to be inspired by the heart and hustle of small business owners just like you! We say it like it is - no filters. Being an SMB owner isn't easy, but we're compelled to do it.

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  1. Why You're Wasting Money on Google Ads with Andy Janaitis from Small Business Stories, opens in a new tab

    Sep 18, 202633 min

    S6:E82 Better Data, Better Decisions with Andy Janaitis What if your advertising dashboard says you're succeeding but your bank account says otherwise? That's not necessarily a marketing problem. It may be an interpretation problem. Queue up this episode of Small Business Stories with Andy Janaitis, founder of PPC Pitbulls , for a grounded look at what increasingly automated advertising requires from small businesses: better data, clearer objectives, and enough human judgment to know whether the algorithm is optimizing the right thing. Andy began his career in data science, where he learned an enduring lesson: sophisticated models cannot rescue bad inputs. Today, he sees the same problem playing out inside Google Ads, Meta, CRMs, e-commerce platforms, and increasingly AI. A platform can report a conversion without that conversion becoming meaningful revenue. A business can optimize for cheap clicks and attract the lowest-quality traffic. Two systems can report different versions of the same result. And a founder can spend tens of thousands of dollars before realizing the metric everyone celebrated wasn't measuring what mattered. If people don't trust the numbers, they can't confidently act on them. If leadership misunderstands what a metric actually represents, better technology can accelerate the wrong decision. And if AI interprets an incomplete picture of the business, "mostly right" may still be wrong enough to make the right customer effectively invisible. Loralyn Mears, PhD, aka "Dr. LL, " brings you thoughtful conversations with entrepreneurs and small business leaders navigating visibility, leadership, and growth. Thank you for being here. 👤 Guest Andy Janaitis Founder, PPC Pitbulls Data scientist turned PPC strategist specializing in paid advertising performance ⚠️ Core Problems • Starting with an advertising tactic instead of a business objective • Optimizing for cheap traffic rather than valuable customers • Feeding automated systems incomplete or incorrect conversion signals • Trusting platform dashboards without examining what the numbers actually represent • Different systems producing conflicting versions of performance • Attribution becoming more complicated across AI search, organic search, social, and paid channels • DIY AI advertising removing too much human judgment from the process 🥡 Practical Takeaways • Start with the outcome: what does the business actually need the advertising to accomplish? • Cheap clicks aren't necessarily good clicks; algorithms optimize for what you ask them to optimize. • Validate what a "conversion" actually represents before treating it as success. • Establish one source of truth for the business outcome that matters. • Revenue and profit are not interchangeable measures of advertising success. • Omnichannel attribution is complicated, but small businesses don't need perfect modeling before they begin measuring. • Automation works best when strong data signals are paired with human oversight. • AI-generated understanding that is mostly correct can still miss the nuance that differentiates the right customer from the wrong one. ⏱️ Timestamps 01:10 Why "we need ads" is the wrong starting point 03:12 How PPC shifted from manual targeting to automation 04:51 When to trust the algorithm and when not to 07:13 Why advertising automation lives or dies on data 09:38 Rebuilding trust after businesses have been burned by agencies 13:24 Garbage in, garbage out: Andy's data-science lesson 16:07 Amplifying weak signals with more marketing 17:24 The metrics that actually matter 20:36 What's a realistic return on ad spend? 23:33 AI search, omnichannel discovery, and attribution 26:17 Why DIY AI still needs business strategy 29:09 The 20% AI gets wrong 🔖 Who This Episode Is For Founders and small business owners who want to understand whether their advertising is producing real business value rather than simply producing attractive dashboard metrics. At STEERus, we see False Signal Confidence as an increasingly consequential form of misinterpretation risk. A signal doesn't become trustworthy simply because it is measurable and once AI begins acting on a misunderstood signal, the error can become faster, cheaper, and easier to scale. Subscribe and share Small Business Stories for grounded conversations about entrepreneurship, visibility, leadership, AI, and making better business decisions. ✅ Subscribe for weekly conversations on entrepreneurship 🔁 Share this episode with someone who needs to be heard Follow STEERus on social media: YouTube: https://www.youtube.com/@DrLLSmallBusiness Instagram: https://instagram.com/steerus LinkedIn: https://www.linkedin.com/company/steerus Twitter: https://x.com/steerus_io #entrepreneurship #smallbusiness #podcast #advertising #ppc #Googleads

  2. Why Your Marketing Isn't Working with John Elbing from Small Business Stories, opens in a new tab

    Sep 16, 202633 min

    S6:E81 Businesses usually think about marketing from the inside out. Here's what we do. Here's why we're good. Here are our features. Here are our credentials. John Elbing thinks we should turn the entire thing around. As founder of Standpoint and creator of the Storybuilding approach, John helps businesses see themselves through the customer's eyes. His starting point is deceptively simple: before customers care about your company, they need to recognize that your company understands them. That conversation takes an especially interesting turn when John and Dr. LL explore what happens when AI becomes another interpreter standing between a business and its customer. John shares the example of a company that surfaced correctly when queried through ChatGPT but was then described as expensive, despite having no pricing information on its website. After they changed the company's digital messaging, the characterization changed. That is misinterpretation risk happening in the wild. If people don't trust you, more promotion doesn't necessarily solve the problem. If people don't understand you, more content may simply amplify the confusion. And if AI doesn't interpret your signals correctly, your business may never reach the customer who was looking for exactly what you provide. 👤 Guest John Elbing Founder, Standpoint Creator of Storybuilding Marketing strategist focused on customer-centered communication ⚠️ Core Problems Founder-centric rather than customer-centric messaging Trying to appeal to everyone Explaining features before establishing relevance Confusing differentiation with cleverness AI-generated content that strips away authentic voice Spending more on promotion before diagnosing an interpretation problem 🥡 Practical Takeaways Recognition comes before persuasion: customers first need to see themselves in your message. Niching enables self-selection and can reduce wasted sales and marketing effort. Customers need to understand what you do quickly. Differentiation can come from understanding what customers actually care about—not simply claiming superior quality. AI can help refine thinking, but it cannot substitute for understanding the customer. Customer interpretation ultimately matters more than the message the company believes it delivered. ⏱️ Timestamps 03:16 Why businesses resist narrowing their audience 04:25 Recognition: getting customers to say "that's me" 08:09 The curse of proximity 10:32 Clarity versus cleverness 12:24 AI search and business interpretation 14:42 Recognition, perception and projection 16:55 Storybuilding versus storytelling 19:46 The consequences of marketing misinterpretation 21:41 AI slop and disappearing authenticity 25:04 Interpretation versus promotion 26:28 Dr. LL's interpretation-promotion-connection triangle 🔖 Who This Episode Is For Business owners, founders, marketers and consultants who suspect that their problem isn't simply reaching more people—it's helping the right people understand them. At STEERus, this is the heart of misinterpretation risk : what a business intends to communicate and what humans or AI systems actually understand are not necessarily the same thing. Closing that gap creates signal clarity. Subscribe and share Small Business Stories for grounded conversations about entrepreneurship, visibility, leadership, AI and the realities of building a business people can understand and trust. ✅ Subscribe for weekly conversations on entrepreneurship 🔁 Share this episode with someone who needs to be heard Follow STEERus on social media: YouTube: https://www.youtube.com/@DrLLSmallBusiness Instagram: https://instagram.com/steerus LinkedIn: https://www.linkedin.com/company/steerus Twitter: https://x.com/steerus_io #entrepreneurship #smallbusiness #podcast #marketing #digitalmarketing

  3. Should AI Replace Humans in Customer Service? Guest Nathan Strum has Thoughts from Small Business Stories, opens in a new tab

    Sep 14, 202623 min

    S6:E80 AI, Empathy & Why Humans Still Matter with Nathan Strum AI can answer the phone. It can schedule appointments. It can listen to sales calls, extract insights and eliminate tedious administrative work. But can it make someone who has just lost their cat genuinely feel heard? Nathan Strum doesn't think so. For more than 20 years, his company Abbey Connect has built its reputation around human receptionists. About a year ago, Nathan faced the same decision confronting millions of business owners: how do you embrace AI without destroying the human experience that made the business valuable in the first place? He didn't reject AI. Quite the opposite. Nathan calls the technology a game changer and believes businesses that ignore it are doing themselves a disservice. But Abbey Connect has approached implementation by asking where technology can support people rather than automatically replace them. If people don't trust how AI is being introduced, efficiency alone isn't enough. If employees fear that every new AI tool is ultimately designed to eliminate their jobs, customers may eventually feel the effects of that distrust. And if customers believe they're interacting with a caring human when they're actually interacting with software engineered to simulate empathy, the business introduces an entirely different trust problem. 👤 Guest Nathan Strum Founder, Abbey Connect Customer service, human receptionist services, culture and AI integration ⚠️ Core Problems Treating human replacement as the default objective of AI adoption Confusing simulated empathy with human connection Introducing automation without communicating with employees Automating the customer experience without considering customer preferences Focusing exclusively on AI-related job losses while overlooking small businesses growing because of AI Preserving culture while transforming a long-established business 🥡 Practical Takeaways AI adoption doesn't have to equal headcount reduction. Start with the humans and identify where technology can remove friction from their work. Some complex processes become economically possible for small businesses because AI can supplement human capabilities. Transparency matters when customers interact with AI. Human empathy still carries a signal technology cannot perfectly reproduce: another person actually understands what you're experiencing. Employee trust comes before customer trust. Nathan believes AI may ultimately allow humans to spend more time with one another—not less. ⏱️ Timestamps 01:32 Why the telephone and humans still matter 04:41 Culture as the foundation of customer service 08:04 AI, solopreneurship and the future of small business 09:24 Bringing AI into a human-first company 11:54 What genuine empathy actually looks like 12:46 Can AI ever replicate empathy? 14:00 Starting AI transformation with humans 15:15 "Nobody lost their job" 16:00 Could AI actually bring humans closer together? 16:45 Trust and the first principle of AI adoption 18:21 Nathan's "Stop Firing Humans" campaign 🔖 Who This Episode Is For Founders and small business leaders who know they need to use AI but don't believe becoming more technologically capable requires becoming less human. At STEERus, this connects to a recurring Efficiency-Trust Tradeoff. Misinterpretation risk can emerge when a business optimizes an experience so aggressively that customers begin receiving a different signal than leadership intended: you're a transaction to process rather than a person to understand. Subscribe and share Small Business Stories for thoughtful conversations about entrepreneurship, AI, leadership, trust and building businesses people can understand. ✅ Subscribe for weekly conversations on entrepreneurship 🔁 Share this episode with someone who needs to be heard Follow STEERus on social media: YouTube: https://www.youtube.com/@DrLLSmallBusiness Instagram: https://instagram.com/steerus LinkedIn: https://www.linkedin.com/company/steerus Twitter: https://x.com/steerus_io #entrepreneurship #smallbusiness #podcast #AI #customerservice

  4. Why Your Google Ads Aren't Working Anymore with John Sanders from Small Business Stories, opens in a new tab

    Sep 10, 202631 min

    S6:E79 Why More Traffic Doesn't Mean More Business with John Sanders Your advertising may be doing exactly what you asked it to do. That doesn't mean it's helping your business. John Coleman Sanders has spent 16 years working with Google Ads, and he says the platform has undergone some of its most significant changes in just the past year. AI is interpreting intent, old strategies are becoming obsolete, and businesses have less control over precisely when and where their ads appear. But John's bigger message isn't about mastering Google's latest feature. It's about understanding whether those clicks ever become business. If people click but don't understand the offer, more traffic won't solve the problem. If your website says something different from what you believe it says, Google can interpret your business incorrectly. If leads arrive but 80% disappear because your back-end process isn't working, the ad isn't the primary failure. And if people don't trust what they encounter after clicking, paying to send more people there only magnifies the problem. 👤 Guest John Coleman Sanders Founder, RevKey Google Ads, paid acquisition and measurable business growth ⚠️ Core Problems Rising advertising costs without corresponding business results AI changing how Google interprets searches and intent Websites inadvertently communicating the wrong positioning Traffic arriving before the business is ready to convert it Companies mistaking clicks for results Constant campaign changes preventing Google's systems from learning Disconnects among advertising, website, offer and follow-up 🥡 Practical Takeaways Start with the business outcome, not the advertising metric. Google's interpretation of your business increasingly depends on signals beyond the keyword you're buying. A website needs to be ready before paid traffic arrives. The sales and follow-up system must also be ready. Don't continually reset AI-driven campaigns before enough data accumulates. A 10% click-through rate is meaningless if nobody takes the action the business needs. More marketing can amplify an underlying positioning or conversion problem rather than solve it. ⏱️ Timestamps 02:25 The biggest Google Ads changes John has seen in 16 years 05:43 When AI misunderstands what a business actually offers 08:00 Why clicks don't necessarily produce business 17:42 The messaging mismatch behind failed advertising 19:29 Why John will tell businesses they aren't ready for ads 21:59 Getting beyond vanity metrics 23:45 Why you shouldn't constantly change AI-driven campaigns 25:15 Interpretation problem or traffic problem? 27:23 The metric John ultimately cares about 🔖 Who This Episode Is For Entrepreneurs and small business owners who are paying for traffic but aren't seeing enough revenue from it, especially those wondering whether to spend even more on advertising. At STEERus, this connects to a recurring Signal-to-Sale Gap . Misinterpretation risk doesn't end when someone discovers a business. If an ad creates one expectation, a website creates another and the experience supplies still another, increased visibility can actually scale confusion rather than eliminate it. Subscribe and share Small Business Stories for grounded conversations about entrepreneurship, visibility, leadership and growth. ✅ Subscribe for weekly conversations on entrepreneurship 🔁 Share this episode with someone who needs to be heard Follow STEERus on social media: YouTube: https://www.youtube.com/@DrLLSmallBusiness Instagram: https://instagram.com/steerus LinkedIn: https://www.linkedin.com/company/steerus Twitter: https://x.com/steerus_io #entrepreneurship #smallbusiness #podcast #GoogleAds #advertising #digitalmarketing

  5. Why AI Won't Fix a Broken Business with Tullio Siragusa from Small Business Stories, opens in a new tab

    Sep 7, 202629 min

    S6:E78 AI doesn't arrive inside a business as a neutral cure for everything that isn't working. It encounters the decision structures, silos, leadership behaviors, customer experience and culture that are already there and then it can make them move considerably faster. That's the tension at the center of this episode of Small Business Stories with Tullio Siragusa, founder of Inventrica Advisory. Tullio works at the intersection of artificial intelligence, leadership and organizational transformation. His argument is refreshingly human: don't automate away the very qualities that made people value your business in the first place. If customers don't trust the experience you give them, more automation won't manufacture trust. If employees don't have sufficient autonomy to make decisions, adding faster technology won't necessarily produce better decisions. And if what your business promises externally doesn't match what people experience internally, AI can amplify that contradiction at scale. That's where this conversation intersects directly with Dr. LL's work on misinterpretation risk and Decision Integrity: the signals a business sends aren't created by marketing alone. They're created by how the business actually behaves. 👤 Guest Tullio Siragusa Founder, Inventrica Advisory AI transformation, leadership, organizational design and decision architecture ⚠️ Core Problems Organizations automating processes that were already dysfunctional Legacy command-and-control structures slowing AI adoption Silos preventing collaboration and decision flow Confusing employee activity with actual progress AI exposing leadership and communication weaknesses Customer-service automation removing human agency External brand promises conflicting with internal organizational reality 🥡 Practical Takeaways AI can enable what an organization already does well, but it can also expose what isn't working. Tullio identifies friction as the enemy of business ; diagnose friction before adding technology. Collaboration, autonomy and information flow matter more in an AI-accelerated environment. Don't mistake being busy or adding technology for meaningful transformation. Tullio identifies four human needs behind engaged cultures: belonging, meaning, impact and becoming . As automation increases, leaders should invest more deeply in empathy and purpose . Customer experience reflects internal organizational design more than many leaders realize. Before refining external messaging, ask whether the organization actually practices what it promises. ⏱️ Timestamps 01:19 Where businesses are in the AI adoption cycle 03:16 AI reveals what kind of company you really are 06:30 Why AI amplifies organizational dysfunction 08:31 Friction, silos and Tullio's Empath IQ framework 10:26 Busy isn't the same as making progress 14:36 The leadership skills an AI economy requires 18:31 AI exposes leadership weaknesses 21:42 Empathy and purpose won't go out of style 25:04 The question every CEO should ask before scaling AI 🔖 Who This Episode Is For Founders, CEOs and leaders implementing AI who suspect that the hardest part of transformation isn't choosing the technology—it's preparing the organization using it. At STEERus, we see the resulting Promise-Practice Gap as a form of misinterpretation risk. When marketing says one thing while employees, customers, systems and digital evidence demonstrate another, outsiders receive conflicting signals about what the organization actually is. AI doesn't create that contradiction, but it can make the contradiction harder to hide. Subscribe and share Small Business Stories for thoughtful conversations about leadership, AI, trust and building businesses people can understand and believe. ✅ Subscribe for weekly conversations on entrepreneurship 🔁 Share this episode with someone who needs to be heard Follow STEERus on social media: YouTube: https://www.youtube.com/@DrLLSmallBusiness Instagram: https://instagram.com/steerus LinkedIn: https://www.linkedin.com/company/steerus Twitter: https://x.com/steerus_io #entrepreneurship #smallbusiness #podcast #AIsearch #digitalmarketing

  6. How to Get Startup Funding with Vijay Rajendran from Small Business Stories, opens in a new tab

    Sep 4, 202635 min

    S6:E77 A funding round can transform a company. It can also change who controls it, how it's expected to grow and even whether the founder remains CEO. So perhaps the first fundraising question shouldn't be How do I get the money? It should be: Do I actually want what comes with it? Queue up this episode of Small Business Stories with Vijay Rajendran , founder of Startup System and author of The Funding Framework , for a grounded look inside startup fundraising in 2026. Vijay describes a market where more capital is concentrating in fewer companies, AI commands extraordinary investor attention, and founders outside the hottest categories may wonder whether funding is even accessible. His response is refreshingly grounded: most businesses shouldn't be pursuing institutional capital in the first place. If investors don't trust you, a beautiful pitch deck won't solve the underlying problem. If your business doesn't fit an investor's thesis, more outreach doesn't necessarily create better odds. And if the narrative surrounding your company doesn't accurately convey its opportunity, two founders presenting fundamentally similar businesses can produce dramatically different investor reactions. Fundraising, Vijay argues, is ultimately a trust-building exercise. 👤 Guest Vijay Rajendran Founder, Startup System Author, The Funding Framework Instructor of leadership and change management for startup founders at UC Berkeley ⚠️ Core Problems Venture capital increasingly concentrating among fewer companies Founders assuming fundraising is necessary Choosing money based primarily on valuation or prestige Underestimating how much autonomy institutional capital can change First-time founders being unprepared to work with boards Treating fundraising like pitching rather than relationship building Failing to align with investors whose thesis actually fits the business 🥡 Practical Takeaways Customer revenue may be more valuable than investor capital. Determine whether your business is actually suited for institutional funding. The quality and compatibility of the investor can matter more than check size or valuation. Recruit board members with the rigor you'd apply to an important executive hire. Don't treat your board as either a rubber stamp or a tribunal. Narrative, momentum and market dynamics influence investor decisions alongside fundamentals. Vijay's Funding Framework moves through storytelling → organization → outreach → closing . Once investors enter the company, the founder's role and obligations change. ⏱️ Timestamps 01:20 AI's effect on the 2026 venture-capital landscape 09:25 Why 99% of businesses shouldn't think about VC 14:11 Funding itself as a market signal 17:28 Why the "best" investor isn't necessarily the biggest check 20:04 What founders misunderstand about boards 26:44 How narrative and momentum influence investment decisions 28:16 Vijay's four-part Funding Framework 30:32 When NOT to raise capital 🔖 Who This Episode Is For Founders considering outside capital, first-time startup CEOs, entrepreneurs preparing for institutional investors and anyone trying to understand what actually happens after the pitch deck. At STEERus, this conversation connects to a recurring misinterpretation problem: highly visible signals can become proxies for underlying value. Funding, awards, follower counts, credentials and even AI visibility can strengthen credibility but problems begin when the proxy becomes easier to see than the substance it's supposed to represent. Subscribe and share Small Business Stories for thoughtful conversations about the decisions, signals and relationships shaping businesses in 2026. ✅ Subscribe for weekly conversations on entrepreneurship 🔁 Share this episode with someone who needs to be heard Follow STEERus on social media: YouTube: https://www.youtube.com/@DrLLSmallBusiness Instagram: https://instagram.com/steerus LinkedIn: https://www.linkedin.com/company/steerus Twitter: https://x.com/steerus_io #entrepreneurship #smallbusiness #podcast

  7. Small Business Cybersecurity: What You Don't See Can Hurt You with Last Pass CEO Karim Toubba from Small Business Stories, opens in a new tab

    Sep 2, 202642 min

    S6:E76 Security is ultimately a promise of trust. So what happens when that trust gets broken? Karim Toubba has had to answer that question in circumstances few CEOs would choose. He joined LastPass as their CEO only months before the company experienced a significant and highly publicized 2022 security breach. In this candid conversation, Karim acknowledges that LastPass initially communicated too slowly and explains the systemic changes, transparency, investment and cultural work required afterward. Queue up this episode of Small Business Stories for a conversation that goes well beyond passwords. Because the threat itself is changing. Karim says AI is producing a meaningful productivity advantage for small businesses, but it is simultaneously allowing malicious websites and other threats to be generated at much greater velocity. Employees are also adopting AI applications faster than many organizations can establish policies around what data those applications should be allowed to access. If people don't trust you, reassuring them that you're trustworthy isn't enough. If customers cannot see credible evidence supporting what you say, they'll increasingly turn to third-party communities and other sources to interpret your credibility for themselves. And if inaccurate or incomplete information about your organization remains unchallenged, the external interpretation of your company can begin separating from the reality inside it. That's where Karim's cybersecurity experience intersects powerfully with Dr. LL's work on misinterpretation risk. 👤 Guest Karim Toubba CEO, LastPass Cybersecurity executive with nearly three decades of industry experience ⚠️ Core Problems Credential theft remaining a major attack vector Password fatigue and poor security habits Trust erosion after a public organizational failure Employees adopting unsanctioned SaaS and AI applications Sensitive information being uploaded into AI systems AI accelerating the volume and sophistication of malicious sites Organizations confusing a security product with a secure culture 🥡 Practical Takeaways Make security easier to practice; complexity undermines adoption. Passkeys and biometrics can reduce dependence on traditional passwords. Treat every piece of information uploaded to an outside platform as something that could potentially become exposed. Understand both what AI tools employees are using and how they're using them . Cybersecurity requires technology, investment and culture not merely software. After trust is damaged, acknowledge what went wrong and provide evidence of what changed. Participate in third-party conversations about your company rather than assuming your owned communications control the narrative. Begin thinking beyond human identity: AI agents will also require identities, permissions and access controls. ⏱️ Timestamps 03:20 Passkeys, biometrics and the future beyond passwords 08:14 Rebuilding trust after the LastPass breach 13:00 What Karim says LastPass got wrong about communication 20:03 Dr. LL's Invisibility Decoder lens and hidden digital risks 21:45 AI adoption and the new small-business security problem 23:53 AI is dramatically accelerating malicious websites 27:36 Leading a company with a perpetual target on its back 36:01 How do customers distinguish security from reassurance? 🔖 Who This Episode Is For Entrepreneurs, SMB leaders and executives trying to balance AI adoption, cybersecurity, employee behavior and customer trust without becoming paralyzed by the complexity. At STEERus, we see a related Trust Blind Spot across industries: organizations frequently assess their credibility from what they know internally while customers, search systems and AI interpret them from the evidence available externally. Trust cannot simply be asserted. The signals supporting it have to be visible, consistent and credible. Subscribe and share Small Business Stories for thoughtful conversations with leaders navigating the increasingly complicated relationship between technology, trust and business growth. ✅ Subscribe for weekly conversations on entrepreneurship 🔁 Share this episode with someone who needs to be heard Follow STEERus on social media: YouTube: https://www.youtube.com/@DrLLSmallBusiness Instagram: https://instagram.com/steerus LinkedIn: https://www.linkedin.com/company/steerus Twitter: https://x.com/steerus_io #entrepreneurship #smallbusiness #podcast #cybersecurity #riskmanagement #ai #password

  8. The Founder Trap: Why Your Business Isn't Growing Even When You're Working Harder with Charles Gaudet from Small Business Stories, opens in a new tab

    Sep 1, 202639 min

    S6:E75 What if getting more customers actually made your business worse? That's the paradox Charles Gaudet sees repeatedly. A founder builds a business through hard work, referrals and personal relationships. Success arrives. More customers come in. Employees are hired. Yet instead of gaining freedom, the founder becomes the hub through which nearly everything still has to pass. Queue up this episode of Small Business Stories as Charles Gaudet, CEO of Predictable Profits, explains what he calls the Founder's Trap and why adding more leads, sales or people can deepen it instead of solving it. Charles describes the founder not as someone sitting neatly at the top of an organizational chart, but stuck in the middle of it: chief rainmaker, best closer, decision-maker, client contact and firefighter. And that leads to a larger diagnostic problem. If people don't trust your business to operate without you, growth becomes harder to sustain. If buyers don't understand your unique advantage, more traffic won't necessarily improve conversion. And if you misdiagnose the problem, AI can efficiently give you an answer to the wrong question. That last point creates an especially interesting intersection with Dr. LL' s work on misinterpretation risk: sometimes the signal isn't unclear because the answer is bad. It's unclear because we've misunderstood the problem we're trying to solve. 👤 Guest Charles Gaudet CEO, Predictable Profits Business growth advisor and creator of the Founder's Trap framework ⚠️ Core Problems Founders becoming indispensable to daily operations More sales creating more work rather than more freedom Confusing fast growth with predictable growth Chasing "shiny penny" strategies and AI tools Hiring people and then micromanaging them Diagnosing symptoms instead of underlying constraints Messaging that doesn't connect with the right buyer 🥡 Practical Takeaways Growth isn't always about doing more. At certain stages, it requires doing less but doing it in the right order. Don't assume "more leads" is the answer simply because lead generation is the visible problem. Hire people who are better than you at the role you're hiring them to perform. Sustainable businesses require systems, appropriate KPIs and the right people in the right seats. Move beyond a theoretical ICP as real customer data accumulates. Ask what unique advantage you provide not merely what makes you unique. AI is a tool. Without sufficient context to ask the right question, its answer can reinforce a faulty diagnosis. Identify and remove constraints before spending more money trying to force additional growth. ⏱️ Timestamps 01:13 Hard work, fast growth and the myths founders inherit 03:27 What the Founder's Trap actually looks like 10:37 Why founders struggle to let go 14:03 The danger of "shiny penny" strategies 25:23 AI, expertise and asking the wrong question 29:25 Message-market match and the "super consumer" 32:06 Stop turning up the spigot—find the kink in the hose 🔖 Who This Episode Is For Founder-led businesses that have achieved traction but are finding that each new level of growth creates more complexity, more founder involvement and less freedom. At STEERus, we see an adjacent problem in Symptom Fixing : businesses frequently describe the problem they can see rather than the condition actually creating it. That distinction matters even more as AI becomes a decision partner, because AI can accelerate an incorrect diagnosis just as efficiently as a correct one. Clearer inputs begin with clearer understanding. Subscribe and share Small Business Stories for grounded conversations with entrepreneurs and advisors about what actually happens after the business starts succeeding. FYI Charles Guadet (here) and John Abrams (former guest) are describing two sides of the same founder problem. John asks, "Can the business survive without you?" Charles asks, "Can the business grow without everything flowing through you?" ✅ Subscribe for weekly conversations on entrepreneurship 🔁 Share this episode with someone who needs to be heard Follow STEERus on social media: YouTube: https://www.youtube.com/@DrLLSmallBusiness Instagram: https://instagram.com/steerus LinkedIn: https://www.linkedin.com/company/steerus Twitter: https://x.com/steerus_io #entrepreneurship #smallbusiness #podcast #businessgrowth

  9. How to Plan Your Business Exit When Your Kids Don't Want to Take Over with John Abrams from Small Business Stories, opens in a new tab

    Aug 28, 202632 min

    S6:E74 What happens to your business when you aren't there anymore? For millions of founders, where more than half of all small businesses in the USA today are owned and operated by people over 50, that question is moving from theoretical to urgent. John Abrams says many owners assume they'll eventually pass the company to their children, sell it to an outside buyer or perhaps accept an offer from private equity. But there's another possibility: The people who helped build the business can own its future. Queue up this episode of Small Business Stories for a thoughtful conversation with John Abrams, founder of South Mountain Company and author of From Founder to Future , about employee ownership, founder succession, trust and building a company capable of surviving its creator. John's own succession wasn't improvised. South Mountain became employee-owned decades before John eventually stepped away from leadership in 2022. He describes years of intentional leadership development, difficult conversations and even a failed six-month sabbatical that exposed just how unprepared the organization initially was to function without him. If people don't trust the organization without its founder, the succession isn't complete. And John's story offers a larger leadership lesson: the ultimate evidence that you've built an enduring organization may be what happens when you finally stop running it. 👤 Guest John Abrams Co-founder, Abrams + Angell Founder and former CEO, South Mountain Company Author, From Founder to Future: A Business Roadmap to Impact, Longevity, and Employee Ownership ⚠️ Core Problems Aging founders without succession plans Children who don't want to inherit the family business Selling companies without considering what happens afterward Founder dependence Transferring ownership without building an ownership culture Leaders shielding employees from problems instead of involving them 🥡 Practical Takeaways Employee ownership can preserve jobs, institutional knowledge and the mission of a company. Ownership changes behavior—but ownership culture takes time to develop. Succession should begin years before the founder intends to leave. Organizational health depends partly on the willingness to discuss uncomfortable issues. Don't protect employees from every difficult reality; bring their "hearts and minds" into solving problems. Take a sabbatical before you think you're ready. The weaknesses it exposes are valuable information. Building something that continues without you isn't losing your legacy—it may be completing it. ⏱️ Timestamps 02:27 The massive small-business succession challenge 05:18 How John discovered employee ownership 09:27 Employees staying for 30-year careers 12:17 Letting go without losing the company's soul 16:19 What succession taught John about trust 17:09 The leadership mistake he learned after the 2008 crash 19:48 The sabbatical that failed spectacularly 🔖 Who This Episode Is For Founders, family-business owners, business advisors and leaders thinking seriously about ownership, succession and what they want their company to become after they leave. At STEERus, John's story connects to a pattern we see repeatedly: a founder can build tremendous personal credibility while leaving too little independent signal behind for the organization itself. If the business cannot be understood, trusted or operated without the founder, founder dependence eventually becomes misinterpretation risk. Subscribe and share Small Business Stories for candid conversations about building businesses that mean something and making decisions that help them endure. ✅ Subscribe for weekly conversations on entrepreneurship 🔁 Share this episode with someone who needs to be heard Follow STEERus on social media: YouTube: https://www.youtube.com/@DrLLSmallBusiness Instagram: https://instagram.com/steerus LinkedIn: https://www.linkedin.com/company/steerus Twitter: https://x.com/steerus_io #leadership #entrepreneurship #smallbusiness #podcast

  10. What to Do When Your Business Is in Financial Trouble with Jim Martin from Small Business Stories, opens in a new tab

    Aug 27, 202637 min

    S6:E73 "If you were just here sooner." Jim Martin has never forgotten those words. They came from an employee of a 125-year-old company with approximately 1,800 employees that ultimately had to be liquidated. Jim had been brought in during the crisis. But by then, many of the options that might once have existed were gone. Queue up this episode of Small Business Stories for a candid conversation about what happens when businesses get into financial trouble and what owners can do before the situation becomes irreversible. Jim Martin , founder of ACM Capital Partners, has spent roughly 35 years restructuring companies, working through difficult financial situations and helping owners, investors and lenders find a path forward. His advice begins with something deceptively simple: Know where you are. Not where last month's financial statement says you were. Not where you hope you'll be. Where the business is now . If people don't trust the information coming from a business, every subsequent decision becomes harder. Jim explains why hiding information from lenders can actually make a distressed situation worse and why alignment among owners, management, employees and lenders becomes particularly important when the pressure rises. 👤 Guest Jim Martin Founder, ACM Capital Partners Turnaround management, restructuring and recapitalization ⚠️ Core Problems Cash-flow problems identified too late Financial statements that are already stale when owners receive them Avoiding difficult conversations with lenders Making fear-driven decisions during distress Hiring friends or family instead of the expertise required Weak financial controls creating additional risk 🥡 Practical Takeaways Cash is the first truth to understand in a distressed business. Build a rolling 13-week cash-flow forecast. Create a weekly "flash report" around the few indicators that actually tell you how the business is performing. Compare trends rather than looking at numbers in isolation. Talk to lenders before the situation deteriorates further. When asking for concessions, bring a credible recovery plan. Put financial controls in place before you desperately need them. Seek experienced outside help early. ⏱️ Timestamps 03:59 The turnaround that preserved approximately 900 jobs 08:08 From $110 million exit to serious financial trouble 15:35 Why distressed companies shouldn't hide from lenders 18:47 Cash-flow forecasting and spotting trouble 22:22 "I don't care if you're doing it on a napkin" 27:50 The $1 million internal-control disaster 32:58 The cost of asking for help too late 🔖 Who This Episode Is For Business owners facing cash pressure, declining sales, growing debt or difficult lender conversations and leaders who want to recognize those conditions before they become a crisis. At STEERus, Jim's stories expose another dimension of misinterpretation risk : bad decisions often begin when the picture we're using to understand a business no longer reflects reality. Misinterpretation isn't always external. Sometimes the first person who needs a clearer signal is the owner making the decisions. Subscribe and share Small Business Stories for grounded lessons from people who have lived through the situations most business books merely describe. ✅ Subscribe for weekly conversations on entrepreneurship 🔁 Share this episode with someone who needs to be heard Follow STEERus on social media: YouTube: https://www.youtube.com/@DrLLSmallBusiness Instagram: https://instagram.com/steerus LinkedIn: https://www.linkedin.com/company/steerus Twitter: https://x.com/steerus_io #entrepreneurship #smallbusiness #podcast #finance #cashflow

  11. Why Dating Apps Make It Harder to Find the Right Person with April Davis from Small Business Stories, opens in a new tab

    Aug 26, 202630 min

    S6:E72 Dating apps give us more choices than we've ever had, so why does finding the right person feel harder? Some people have given up, saying that it is "impossible" to find a mate! Matchmaker April Davis says too many options may actually be part of the problem , encouraging people to filter potential partners by features instead of recognizing the values that sustain a relationship. Indeed, the "paradox of choice" problem. Loralyn Mears, PhD, aka "Dr. LL ," brings you thoughtful conversations with entrepreneurs and small business leaders navigating visibility, leadership, and growth. Thank you for being here. This episode takes Small Business Stories somewhere we haven't gone before: relationships. But for entrepreneurs (whose businesses, devices and packed schedules can consume enormous portions of their lives) the conversation about human connection feels especially timely. April describes a dating culture shaped by apps, algorithms, curated images and endless choice. We can specify height, income, occupation and interests as though ordering the perfect product. Yet the qualities that actually determine long-term compatibility may be far harder to put into a search filter. And we can be missing out on people who are actually a terrific match for us, even though they don't meet our height or weight criteria. 👤 Guest April Davis Founder, LUMA Luxury Matchmaking Professional matchmaker specializing in intentional, personalized relationships ⚠️ Core Problems Discussed Too many dating choices making commitment and decision-making harder Confusing superficial preferences with genuine relationship values Online profiles, filters and AI creating unrealistic expectations about real people 🧠 The Bigger Pattern Dr. LL Sees Filter Distortion Dr. LL sees a fascinating parallel between dating and business: what's easiest for an algorithm to categorize isn't necessarily what matters most. When searchable features become proxies for deeper value, people—and businesses—can be filtered out before anyone has the opportunity to understand what they actually offer. 🥡 Practical Takeaways Separate values from preferences and features. Get offline: real-world interaction reveals things profiles and algorithms cannot. Verify that online matches are real, particularly as AI-generated identities become more convincing. Don't expect one partner to satisfy every interest or need. Ask whether your checklist reflects what you genuinely value—or what you've been conditioned to want. ⏱️ Timestamps 01:15 Why too many dating choices can make choosing harder 06:43 Dating safety, catfishing and AI-generated identities 11:54 Features vs. values: what actually matters? 17:30 Filters, AI and our increasingly unrealistic expectations 23:47 Dr. LL connects dating algorithms to misinterpretation risk 🔖 Who This Episode Is For Entrepreneurs and professionals navigating modern dating, anyone frustrated with dating apps, and people wondering whether their checklist is actually helping them find the relationship they want. ✅ Subscribe for weekly conversations on entrepreneurship 🔁 Share this episode with someone who needs to be heard Follow STEERus on social media: YouTube: https://www.youtube.com/@DrLLSmallBusiness Instagram: https://instagram.com/steerus LinkedIn: https://www.linkedin.com/company/steerus Twitter: https://x.com/steerus_io #dating #relationships #singlesmatch #entrepreneurship #smallbusiness #podcast

  12. Why AI Is Making Your Marketing Easier But Not Better with Gee Ranasinha from Small Business Stories, opens in a new tab

    Aug 21, 202635 min

    S6:E71 AI has raised the floor. But has it raised the ceiling? Gee Ranasinha doesn't think so. AI has democratized content production, giving small businesses access to capabilities once reserved for larger organizations. But Gee argues that we're simultaneously creating what he calls a greater "preponderance of mediocrity" meaning more acceptable content, more quickly, from more companies, increasingly saying similar things. Queue up this episode of Small Business Stories for a thoughtful (and occasionally provocative) conversation about what marketing actually is, why businesses confuse marketing with promotion, and why understanding human behavior matters more than simply mastering the latest tools. Gee brings behavioral science into the discussion because people don't make buying decisions through purely rational analysis. Context, emotion, unconscious biases and mental shortcuts all affect how messages are interpreted. And that's where Dr. LL sees an important connection to misinterpretation risk. Businesses communicate what they intend to say. Customers respond to what they actually understand. Those aren't necessarily the same thing. 👤 Guest Gee Ranasinha Founder & CEO, KEXINO Global marketing strategist working primarily with B2B small and midsized businesses and startups ⚠️ Core Problems Mistaking promotional activity for marketing strategy Optimizing output rather than outcomes Using AI to manufacture more undifferentiated content Assuming business owners understand buyers because they once were buyers Allowing disconnected customer touchpoints to communicate inconsistent signals 🥡 Practical Takeaways Effectiveness asks whether something worked. Efficiency asks how cheaply or quickly you produced it. You are not your target market. Talk to your best customers; they can reveal why people actually choose you. Technology changes marketing tactics. Human psychological and emotional drivers change far more slowly. Creativity and distinctiveness become more valuable as inexpensive content proliferates. Customers experience one organization, regardless of which department created each interaction. Trust makes virtually everything that follows easier. ⏱️ Timestamps 04:40 AI, content democratization and the rise of mediocrity 07:24 Why buyers don't make decisions the way they think they do 13:28 Your pricing, delivery van and phone manner are all marketing 17:38 Efficiency versus effectiveness 22:11 The simplest customer research strategy 28:40 Gee's provocative argument against "authenticity" 🔖 Who This Episode Is For Entrepreneurs, founders, B2B leaders and marketers who suspect that doing more marketing isn't necessarily creating more business. At STEERus, the adjacent problem is misinterpretation risk . Gee approaches the issue through marketing effectiveness and behavioral science; we examine what happens when the total digital signal a business produces fails to create an accurate understanding of what that business is, why it matters and when it should be recommended. Invisibility is the outcome. Understanding is the issue. Subscribe and share Small Business Stories for grounded conversations with entrepreneurs and experts willing to challenge conventional business thinking. ✅ Subscribe for weekly conversations on entrepreneurship 🔁 Share this episode with someone who needs to be heard Follow STEERus on social media: YouTube: https://www.youtube.com/@DrLLSmallBusiness Instagram: https://instagram.com/steerus LinkedIn: https://www.linkedin.com/company/steerus Twitter: https://x.com/steerus_io #entrepreneurship #smallbusiness #podcast #digitalmarketing

  13. How to Stop Trying to Be Everything to Everyone with Christine Blosdale from Small Business Stories, opens in a new tab

    Aug 18, 202639 min

    S6:E70 Stop Trying to Be Everything to Everyone with Christine Blosdale You can be extraordinarily talented and still make yourself almost impossible to hire. Christine Blosdale sees it constantly: entrepreneurs with multiple skills, multiple offers, multiple audiences and multiple platforms trying desperately not to leave any opportunity on the table. The result? People don't know what to hire them for. So she helps them define their personal brand. Queue up this episode of Small Business Stories as Dr. LL talks with Christine Blosdale , The Expert Authority Coach™, about simplifying your message, establishing authority, choosing the right visibility channels, using podcasting strategically—and remaining unmistakably human in a marketplace increasingly filled with AI-generated communication to build your personal brand. Christine spent 20 years in broadcast journalism before becoming an early adopter of podcasting more than a decade ago. That experience gives her a particularly useful perspective on something many entrepreneurs misunderstand: you need to become known for something. If people don't understand what you do, they can't confidently choose you - which is exactly what STEERus studies and helps our clients with. And today that same clarity matters to AI systems. When your website, content, offers and appearances continually describe you differently, machines receive the same conflicting evidence humans do. 👤 Guest Christine Blosdale The Expert Authority Coach™ Broadcaster, podcaster, bestselling author and coach helping overwhelmed women in business get seen, trusted and paid for what they already know. She builds your personal brand. ⚠️ Core Problems Multi-talented entrepreneurs communicating everything they can do Visibility activity without a clear positioning foundation Generic AI-generated communication weakening trust Podcast guests treating interviews like sales pitches Creating content once and failing to harvest its long-term authority value 🧠 The Bigger Pattern Dr. LL Sees Christine approaches this from the perspective of expert authority: simplify what you offer so people know why they should choose you. Dr. LL sees a related but different problem across businesses: when companies communicate too many competing signals, customers—and increasingly AI systems—can misinterpret what the business actually represents. The issue isn't simply being seen. It's being understood correctly once you're seen. 🥡 Practical Takeaways One clear message doesn't diminish your capabilities. It gives people somewhere to enter. Don't choose every marketing channel; choose the ones suited to your strengths. Make booking, understanding and paying you easy. Repurpose your accumulated expertise instead of continually starting from zero. Don't pretend you've listened, researched or personalized something when AI did it for you. Being unmistakably yourself is increasingly a competitive advantage. ⏱️ Timestamps 03:07 Podcast host or podcast guest? 09:13 The AI-generated pitch Christine immediately deletes 13:29 Why podcast guests should actually promote their appearances 17:21 The overwhelmed entrepreneur problem 20:08 Too many choices = no choice 24:23 Building a message you can say in your sleep 🔖 Who This Episode Is For Experts, coaches, consultants, authors, speakers, multi-passionate entrepreneurs and anyone whose business has become harder to explain as their expertise has grown. At STEERus, we see this repeatedly as misinterpretation risk : the entrepreneur keeps adding evidence of capability while unintentionally reducing clarity about what the business should be known for. Invisibility becomes the outcome not because there isn't enough information but because there are too many competing signals to form a clear understanding. Subscribe and share Small Business Stories for grounded conversations about building businesses people can understand, trust and choose. ✅ Subscribe for weekly conversations on entrepreneurship 🔁 Share this episode with someone who needs to be heard Follow STEERus on social media: YouTube: https://www.youtube.com/@DrLLSmallBusiness Instagram: https://instagram.com/steerus LinkedIn: https://www.linkedin.com/company/steerus Twitter: https://x.com/steerus_io #entrepreneurship #smallbusiness #podcast

  14. Why Good Products Fail After Launch with Lon Riley from Small Business Stories, opens in a new tab

    Aug 17, 202632 min

    S6:E69 When a Better Product Isn't Enough with Lon Riley This is stronger for streaming than a generic "Lessons from a Product Launch." It captures the central contradiction of his experience and makes Lon's hard-earned lesson the authority proposition. "Everybody loves your idea until it's time to separate them from their cash." That line from Lon Riley could probably hang above the desk of every product developer. Queue up this episode of Small Business Stories for an unusually candid look at what happens after the launch plan meets reality. Lon Riley and his team launched Catalyst Printers in January 2025 into a market dominated by established competitors. They had industry expertise, customer research and what they believed was a compelling proposition: address customers' frustrations with existing technology and deliver better performance at a competitive price. Then they learned something important. Customers weren't evaluating the decision the same way they were. If buyers don't trust your company, proving that your product has better features doesn't necessarily resolve the concern. And if the signals you're emphasizing don't correspond to the criteria buyers are actually using to make decisions, genuine value can become misinterpreted. 👤 Guest Lon Riley Founder, DPI Laboratory & Catalyst Printers Engineer, manufacturer and product-development entrepreneur ⚠️ Core Problems Underestimating incumbent brand power Confusing expressed customer interest with purchasing behavior Selling features when buyers are evaluating switching risk Maintaining focus while adapting a young company Carrying the emotional responsibility of decisions that affect employees 🥡 Practical Takeaways "Better" only matters if buyers understand why it matters to them. Ask existing customers what would make them switch—not simply what features they want. Brand power is ultimately a form of trust. Repeated market feedback deserves examination, not defensiveness. Don't wait for perfect; launch when you're ready to deliver and continue learning. Making a mistake isn't the real failure. Repeating it after you've recognized it is. ⏱️ Timestamps 01:46 What actually happened after launch 06:16 Action, uncertainty and iteration #31 10:31 Underestimating brand power 15:26 Research versus actual buying behavior 22:48 The pricing decision Lon still thinks about 26:03 When founders misread market signals 🔖 Who This Episode Is For Product founders, manufacturers, technology entrepreneurs, engineers moving into business leadership, and anyone whose market response hasn't matched what the research predicted. At STEERus, this is precisely where misinterpretation risk becomes consequential. A business can possess real value while emphasizing signals that aren't aligned with how buyers—or increasingly AI systems—categorize, evaluate and understand that value. Invisibility is the outcome; understanding is the problem. Subscribe and share Small Business Stories for candid conversations about what entrepreneurship actually looks like after the plan meets reality. ✅ Subscribe for weekly conversations on entrepreneurship 🔁 Share this episode with someone who needs to be heard Follow STEERus on social media: YouTube: https://www.youtube.com/@DrLLSmallBusiness Instagram: https://instagram.com/steerus LinkedIn: https://www.linkedin.com/company/steerus Twitter: https://x.com/steerus_io #entrepreneurship #smallbusiness #podcast #launch #marketing #sales

  15. How to Build Confidence When You're Afraid to Put Yourself Out There with Patty Aubery from Small Business Stories, opens in a new tab

    Aug 13, 202635 min

    S6:E68 Sometimes you meet someone whose work you've known for years and then discover that the story behind the success is even better than you expected. This was one of those conversations. Dr. LL openly admits to a little fangirling (okay - a lot - I cannot even tell you what an honor and privilege it was to have her on my show!) as she welcomes Patty Aubery, longtime business partner of Jack Canfield and former President of Chicken Soup for the Soul . But what follows isn't a highlight reel. Patty talks about confidence, fear, collaboration, success, publishing, speaking, the extraordinary growth of Chicken Soup for the Soul and the surprising truth that while she was helping build an international phenomenon, she was also a self-described "professional hider." She turned down enormous speaking opportunities. She stayed behind the scenes doing what she already knew she was good at. Until her mother, while in hospice, told her: "Promise me that you won't be invisible. I didn't raise a daughter to be invisible." Three months later, Patty gave her first workshop. If people don't know what you know, what you've accomplished, or what you can contribute, they cannot recognize your value. And today, the same problem extends to AI systems: authority that isn't expressed clearly and consistently becomes authority that can be misunderstood or never recognized at all. 👤 Guest Patty Aubery Former President of Chicken Soup for the Soul Longtime business partner of Jack Canfield Author, speaker, transformational coach & founder of Permission Granted ⚠️ Core Problems Waiting to feel confident before stepping forward Remaining behind someone else's success despite your own contribution Confusing visibility opportunities with meaningful positioning Paying for exposure without knowing whether the audience is right Treating collaboration as competition 🥡 Practical Takeaways Confidence follows action. Take the risk, survive it, repeat. Anything new feels awkward until it doesn't. Learn your craft before trying to amplify it. Connect the dots among your book, speaking, message and audience. There is enough room for other people to succeed beside you. Don't wait for someone else to give you permission to be seen. ⏱️ Timestamps 01:33 Consistency, adaptability and what successful people actually do 06:15 "Confidence is surviving risks" 12:44 What Patty learned about success from the inside 17:13 How speaking helped build Chicken Soup for the Soul 30:23 The promise to her mother that changed Patty's life 🔖 Who This Episode Is For Entrepreneurs, women leaders, authors, speakers, coaches, experts, and anyone who has ever quietly wondered whether they're really ready to step forward. At STEERus, we study what happens when genuine value becomes misinterpreted or invisible. Patty's story is a beautiful human example of something I've now seen repeatedly: sometimes the market isn't overlooking our expertise. We haven't given it enough evidence to see us yet. Subscribe and share Small Business Stories for more honest conversations with people who've lived the lessons they teach. ✅ Subscribe for weekly conversations on entrepreneurship 🔁 Share this episode with someone who needs to be heard Follow STEERus on social media: YouTube: https://www.youtube.com/@DrLLSmallBusiness Instagram: https://instagram.com/steerus LinkedIn: https://www.linkedin.com/company/steerus Twitter: https://x.com/steerus_io #leadership #personaldevelopment #entrepreneurship #smallbusiness #podcast #chickensoupforthesoul

  16. How Bad Credit Can Limit Your Business Funding Options with Daniel McDavid from Small Business Stories, opens in a new tab

    Aug 11, 202631 min

    S6:E67 The worst time to discover you have a credit problem may be when your business desperately needs money. An unexpected expense hits. Cash flow tightens. Payroll is coming. Suddenly, the entrepreneur isn't shopping for the best financing; he or she is searching for any financing. Queue up this episode of Small Business Stories as Dr. LL talks with Daniel McDavid, founder of Move Mountains Credit Repair, about credit, business funding, unexpected expenses, financial habits, and what happens when entrepreneurs wait too long to prepare. Daniel introduces the idea of "phantom expenses" which are the unplanned costs that can suddenly destabilize an otherwise functioning business. They also explore different funding structures, the disproportionate impact negative credit events can have, and why repairing someone's credit without changing their financial behavior isn't a lasting solution. If people don't trust a credit-repair company, promises of quick fixes can actually deepen skepticism. Daniel's approach is refreshingly simple: tell people the truth, including what they don't want to hear. 👤 Guest Daniel McDavid Founder, Move Mountains Credit Repair Credit repair, financial education, and business funding preparation ⚠️ Core Problems Businesses failing to prepare for unexpected expenses Seeking financing after financial distress has already begun Confusing a credit score with the entire credit profile Expecting a repair service to substitute for behavioral change 🥡 Practical Takeaways Financial readiness should begin before a crisis. Credit history can influence which financing options become available. Understand the repayment structure—not merely the amount you're offered. Repair and rebuilding are different parts of the process. Credibility is strengthened by realistic expectations rather than extraordinary promises. ⏱️ Timestamps 01:27 What are "phantom expenses"? 03:12 Three approaches to business funding 11:48 Why good people can end up with bad credit 19:13 Repairing credit versus changing behavior 23:10 The trust problem in credit repair 🔖 Who This Episode Is For Entrepreneurs, founders, self-employed professionals, and small business owners who want to understand the relationship between personal credit, business financing, and financial preparedness. At STEERus, we see a parallel across many parts of business: problems that remain invisible during good times suddenly become defining signals during stressful ones. Financial preparedness is another reminder that what the market eventually sees often begins with decisions made long before anyone was looking. Subscribe and share Small Business Stories for grounded conversations about the realities behind entrepreneurship. ✅ Subscribe for weekly conversations on entrepreneurship 🔁 Share this episode with someone who needs to be heard Follow STEERus on social media: YouTube: https://www.youtube.com/@DrLLSmallBusiness Instagram: https://instagram.com/steerus LinkedIn: https://www.linkedin.com/company/steerus Twitter: https://x.com/steerus_io #entrepreneurship #smallbusiness #podcast #financing

  17. How to Scale Your Business Without Growing Too Fast with Bryan Clayton from Small Business Stories, opens in a new tab

    Aug 8, 202632 min

    S6:E66 The Real Story About Scaling & Selling a Business with Bryan Clayton Bryan has actually done the thing entrepreneurs dream about: built a traditional business to $10M, sold it, then built again in an entirely different arena. Nobody wants to buy your basket of problems. That's Bryan Clayton's wonderfully direct description of one of entrepreneurship's great misconceptions: owners often start thinking about selling when they're exhausted, margins are squeezed, employees are unhappy, and they desperately want out. By then, the business may be least attractive to a buyer. Queue up this episode of Small Business Stories for a refreshingly unglamorous conversation about what building, selling, failing, learning, and scaling actually look like. Dr. LL talks with Bryan Clayton , co-founder and CEO of GreenPal . Bryan started mowing lawns in high school, eventually grew his landscaping company to roughly $10 million in annual revenue, sold it to a national company, and then made the improbable leap from blue-collar operator to tech founder. If people don't trust the experience you're delivering, adding more customers doesn't solve the problem. And in an AI-driven marketplace, inconsistent experiences create inconsistent signals. Scaling those signals can increase misinterpretation rather than visibility. ⚠️ Core Problems Waiting until burnout to prepare a company for sale Mistaking fast growth for healthy growth Believing entrepreneurship produces overnight—or passive—success 🥡 Practical Takeaways Build with the end in mind, even if selling isn't currently the plan. Fix the customer experience before pouring fuel onto growth. Your operating experience can become an enormous competitive advantage. Don't confuse investor expectations with customer needs. Failure only becomes valuable when it changes what you do next. ⏱️ Timestamps 01:30 Lawn care operator → technology founder 05:38 The reality of selling a $10M business 15:21 Building trust through data and AI 20:55 What entrepreneurs should actually learn from failure 25:48 Why GreenPal chose customers over investors 🔖 Who This Episode Is For Founders building toward scale, entrepreneurs considering an eventual exit, blue-collar business owners, bootstrapped startups, and anyone tired of entrepreneurship being presented as an overnight-success story. At STEERus, we see the same principle from another direction: scale magnifies the signal already there. If the market misunderstands your value at 100 customers, reaching 10,000 customers doesn't necessarily correct the misinterpretation—it can amplify it. Subscribe and share Small Business Stories for more grounded conversations about what entrepreneurship actually looks like. ✅ Subscribe for weekly conversations on entrepreneurship 🔁 Share this episode with someone who needs to be heard Follow STEERus on social media: YouTube: https://www.youtube.com/@DrLLSmallBusiness Instagram: https://instagram.com/steerus LinkedIn: https://www.linkedin.com/company/steerus Twitter: https://x.com/steerus_io #entrepreneurship #smallbusiness #podcast #businessgrowth

  18. Why Entrepreneurs Struggle to Get Approved for a Mortgage with David Ostrowsky from Small Business Stories, opens in a new tab

    Aug 5, 202637 min

    S6:E65 Buying a home as an entrepreneur often feels like playing by a different set of rules. In this episode, Dr. LL speaks with mortgage specialist David Ostrowsky about what self-employed professionals need to understand in today's housing market. Together they discuss lending, affordability, market psychology, interest rates, and why perception frequently outweighs reality. If people make financial decisions based solely on headlines, they often overlook opportunities that still make mathematical sense. The challenge isn't simply access to financing; it's separating market noise from personal reality. 👤 Guest David Ostrowsky Loan Originator, CrossCountry Mortgage Helping entrepreneurs and self-employed professionals navigate mortgage financing with confidence. ⚠️ Core Problems Mortgage approval for entrepreneurs Housing decisions driven by fear Misunderstanding current market conditions 🥡 Practical Takeaways Understand how lenders evaluate entrepreneurial income. Separate media narratives from your individual financial situation. Let data guide major financial decisions. ⏱️ Timestamps 00:00 Self-employed lending 02:20 Market realities 04:00 Ignoring the headlines 15:10 Mortgage strategies 31:40 Advice for business owners 🔖 Who This Episode Is For Entrepreneurs, founders, freelancers, real estate professionals, and self-employed buyers. At STEERus, we continue to see that the quality of a decision depends on the quality of the information behind it. When fear replaces clarity, businesses—and people—often misinterpret opportunities that are still very much within reach. Subscribe and share if conversations like these help you make better business decisions. ✅ Subscribe for weekly conversations on entrepreneurship 🔁 Share this episode with someone who needs to be heard Follow STEERus on social media: YouTube: https://www.youtube.com/@DrLLSmallBusiness Instagram: https://instagram.com/steerus LinkedIn: https://www.linkedin.com/company/steerus Twitter: https://x.com/steerus_io #entrepreneurship #smallbusiness #podcast #loan #mortgage

  19. Why Your Business Isn't As Profitable As You Think with Matt Putra from Small Business Stories, opens in a new tab

    Aug 4, 202626 min

    S6:E64 Every entrepreneur has numbers. Not every entrepreneur knows how to listen to them. In this episode, Dr. LL sits down with fractional CFO Matt Putra to discuss how financial data becomes a decision-making system rather than simply an accounting exercise. Together they explore profitability, funnel analysis, constraints, ROI, and why the best businesses don't just measure performance; they understand what drives it. If people don't understand the financial story behind their business, they often invest in the wrong priorities. Likewise, if AI systems or decision-makers only see isolated metrics without context, they can misinterpret the health and value of an organization. 👤 Guest Matt Putra Founder of Eightx Fractional CFO helping founders improve profitability, financial clarity, and long-term enterprise value. ⚠️ Core Problems Revenue growth masking deeper operational issues Limited visibility into financial drivers Decisions based on instinct instead of evidence 🥡 Practical Takeaways Treat financial statements as diagnostic tools. Analyze the entire customer funnel—not just revenue. Direct investment toward measurable constraints with the highest ROI. ⏱️ Timestamps 00:00 Reading the story behind the numbers 03:00 Funnel diagnostics 10:40 Financial intelligence 22:15 High-ROI decision making 35:30 Increasing business value 🔖 Who This Episode Is For Founders, CEOs, finance leaders, agency owners, consultants, and entrepreneurs seeking smarter growth. At STEERus, we continue to observe that better decisions begin with better interpretation. Whether it's financial data or market perception, clarity reduces misinterpretation and helps businesses become easier for both people and AI systems to understand. Subscribe and share if conversations like this help you build a stronger business. ✅ Subscribe for weekly conversations on entrepreneurship 🔁 Share this episode with someone who needs to be heard Follow STEERus on social media: YouTube: https://www.youtube.com/@DrLLSmallBusiness Instagram: https://instagram.com/steerus LinkedIn: https://www.linkedin.com/company/steerus Twitter: https://x.com/steerus_io #entrepreneurship #smallbusiness #podcast

  20. How to Use AI Agents Without Replacing Your Team with Kenneth Corrêa from Small Business Stories, opens in a new tab

    Jul 28, 202641 min

    S6:E63 An optional title for this episode is, "Agentic AI, Human Judgment & Cognitive Organizations with Kenneth Corrêa." AI is moving faster than most organizations can absorb it. The temptation is to automate whatever already exists. But Kenneth Corrêa argues that this misses the deeper transformation: businesses must redesign their products, services, workflows, and organizational structures around humans and AI agents working together. Queue up this episode of Small Business Stories as Dr. LL and Kenneth explore agentic AI, cognitive organizations, privacy, adaptive leadership, critical thinking, and the capabilities people will need as execution becomes increasingly automated. If people do not trust how AI is being used, they will resist the systems built around it. If customers, employees, and AI systems cannot clearly understand where human responsibility ends and automated authority begins, the organization creates credibility risk instead of confidence. 👤 Guest Kenneth Corrêa Author of Cognitive Organizations AI strategist and entrepreneur specializing in agentic AI, emerging technology, organizational transformation, and human-AI collaboration ⚠️ Core Problems Discussed AI adoption driven by pressure rather than strategic purpose Organizations automating inefficient or outdated processes Privacy, intellectual-property, and accountability risks Weak investment in critical thinking and human judgment 🥡 Practical Takeaways Start with the purpose of the business, not the newest tool. Design for humans plus AI agents—not humans versus AI agents. Use AI to reduce administrative friction while preserving human judgment. Build teams that question assumptions rather than simply execute instructions. ⏱️ Timestamps 00:58 Surviving the flood of new AI tools 06:43 Personal data, privacy, and the value exchange 11:17 Why Dr. LL rejected an intellectual digital twin 23:21 Moving from automation to organizational redesign 28:21 Critical thinking and the future value of people 31:41 The central argument behind Cognitive Organizations 🔖 Who This Episode Is For Founders, executives, consultants, operations leaders, AI practitioners, and anyone responsible for introducing AI into a working organization. At STEERus, we continue to see that technology cannot correct an unclear business signal. When companies automate before clarifying their purpose, value, responsibilities, and decision boundaries, they scale the very misinterpretation they hoped AI would solve. Subscribe and share this episode with someone trying to introduce AI thoughtfully, not simply quickly . ✅ Subscribe for weekly conversations on entrepreneurship 🔁 Share this episode with someone who needs to be heard Follow STEERus on social media: YouTube: https://www.youtube.com/@DrLLSmallBusiness Instagram: https://instagram.com/steerus LinkedIn: https://www.linkedin.com/company/steerus Twitter: https://x.com/steerus_io #entrepreneurship #smallbusiness #podcast #aiagents #AI

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