[00:00:02] Speaker A: Ramping up your business. The time is near. You've given it hard, now get it in Gear.
It's Passage to Profit with Richard and Elizabeth Gearhart. I'm Richard Gearhart, founder of Gearhart Law, a full service intellectual property law firm specializing in patents, trademarks and copyrights.
[00:00:20] Speaker B: And I'm Elizabeth Gearhart, not an attorney, but I do marketing for Gearhart Law. And I am the founder of Gear Media Studios, a content creation studio with the focus on podcasting.
[00:00:30] Speaker A: Welcome to Passage to the Road to Entrepreneurship where we talk with entrepreneurs and celebrities about their business journeys. It's time for your new business journey. Two in five Americans are business owners or thinking about starting a new business. So we're going to ask our panel a question and the question today is how would you handle the suggestion of a new employee or entrepreneur where you know the suggestion is wrong? So let's start with our guest, Arthur. Welcome to the show. What are your thoughts on that?
[00:01:02] Speaker C: I think the best thing to do is listen to these people because when they come to you, they have an idea.
Maybe some of them might not appear to be very good initially, but some of them can turn out to be good later on. So if you have already experienced that it's not going to work, I would say you should just kind of hear them out and then point them to factors as to why a business like this will not do well. And that's very easy to show.
[00:01:29] Speaker A: I think that's a really great advice, Sherry.
[00:01:31] Speaker B: I completely agree. I think anybody that has ideas, you know, a lot of times the ideas just start off as that, just an idea. And so it doesn't mean that it won't become something viable. So you don't want to kill that passion. So instead it's just really drawing into, you know, let's troubleshoot it. Let's, let's look at the stress points. What would work, what wouldn't work, and so that they have something they can take away from that of like, okay, here's why these things maybe won't work and maybe give them some other things to consider so you don't kill their dreams. Because a lot of dreams just start as just that. It's a simple idea.
[00:02:00] Speaker D: Yeah. I would just add that it would be a good opportunity for them to talk to other experts to get perspectives that they can bring back to the company. So have them build on their idea, flesh it out more. It may still be a bad idea, but at least they hear it from other folks, other experts outside the organization or company.
[00:02:20] Speaker A: I guess the takeaway from this is then really make sure you hear out people who have ideas because you don't want to. You don't want to discourage them. Passage to Profit is a nationally syndicated radio show appearing in 38 markets across the United States. In addition, Passage to Profit has also been recently selected by Feedspot Podcasters database as a top 10 entrepreneur interview podcast. Thank you to the P2P team, our producer Noah Fleishman and our program coordinator Alicia Morrissey, our studio assistant Risa Kat Bussari and our social media powerhouse Carolina Tabares. Look for our podcast tomorrow anywhere you get your podcast. Our podcast is ranked in the top 3% globally. You can also find us on Facebook, Instagram X and on our YouTube channel. And remember, while the information on this program is believed to be correct, never take a legal step without checking with your legal professional first. Gearhart Law is here for your patent, trademark and copyright needs. You can find
[email protected] and contact us for a free consultation.
Take care everybody. Thanks for listening and we'll be back next week.
