TSAT Biz Office Hours - First Episode!

In this inaugural session of Tell 'em Tab Business Office Hours, host and virtual CFO Tabitha Smith introduces a bi-weekly forum designed to support small business owners and entrepreneurs. She outlines her vision of building a community (or “tribe”) where people can openly share challenges, find resources, and grow together. 1. Purpose & Format Purpose: Create a supportive, like-minded community of business owners who can collaborate, share insights, and get their questions answered. Schedule: Expect the Tell 'em Tab to drops LIVE Every other Wednesday from 11:30 am to 12:30 CST (TRIBE post to Follow) !!! Sponsor: The series is sponsored by Living Your Best Life Travel 2. About the TSAT TRIBE Community Vault Free Platform: Business owners can join the TSAT TRIBE for access to recordings, workshops, eBooks, courses, and a community discussion board. Shared Resources: Members help each other solve common business struggles, learn about best practices, and celebrate their wins together. 3. Mindset & Gratitude Gratitude Practice: Start each day acknowledging what you have; it sets a positive tone for navigating business ups and downs. Failure as Lessons: Failures are inevitable but can be reframed as invaluable lessons that make you stronger and more creative. 4. Business Structure & Risks Formalizing Your Business: If your side hustle is generating consistent income or you have long-term plans, consider forming an LLC for risk protection and using a separate bank account to keep finances clear. Cybersecurity: Even solopreneurs need basic awareness (e.g., recognizing phishing emails, using strong passwords) to protect client data. 5. Building Support Systems Family and Friends: Communication is key to aligning personal relationships with business goals. Professional Circles: Join or create communities where everyone encourages each other and genuinely wants to see others succeed. 6. Marketing & Growth Strategies (Q&A Highlights) “Love Bombing” Strategy: Go beyond standard marketing—build genuine relationships by showing appreciation, sharing resources, and offering small gifts or gestures of gratitude. This can apply to clients, vendors, your team—anyone in your network. Being generous often prompts others to champion your business in return. Nurture a Community: Whether offering meal-prep services or travel planning, emphasize community-building around your brand. Sharing your personal story and passion helps people feel connected and trust your expertise. Offering Value First: Provide “try-it-out” experiences, free resources, or small samples so potential clients see the value before committing. As they gain trust in you or your product/service, they’ll be more likely to invest at a higher level. 7. Tax & Financial Tips Tax Deductions: Know potential tax write-offs (e.g., mileage for travel advisors, business expenses) and work with a professional who can guide you rather than just processing forms. Value-Driven Vendors/Advisors: If you’re paying for a service (like tax preparation), expect professional insight. If your current provider isn’t advising or offering feedback, consider other specialists who will.