Determination in Business with Pam Reynolds

Starting a business can be tedious, especially when you do not have any background in sales marketing. The latter was also a problem to Pam Reynolds, the co-founder of Allegiance Aging Care Services.

In this episode, Pam joins us. She shares her story on how she had improved her skills in entrepreneurship. It led to a successful business running for six years. She emphasizes building camaraderie and establishing networks even in a small business status. Check the show notes to pique your curiosity, and listen to the podcast as well!

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Here are three reasons why you should listen to the full episode:

  1. Gain insights into how determination can help you overcome small business concerns and achieve your goals.

  2. Learn practical tips for developing and maintaining a determined mindset in the face of challenges.

  3. Understand how to use determination to achieve success in your small business programs.

Resources

  • To connect with Pam, you may reach her at their company’s website, Allegiance Home Care.

  • You may also contact her at [email protected].

Episode Highlights 

How It Started

  • Pam was a social worker in a small business administration before she started her business.

  • She does not have any background in entrepreneurship.

  • Her friend in the senior care industry became her mentor. The friend later became a co-founder of Pam’s growing business today.

Challenges on the Way

  • Pam found it hard to get into the sales and marketing strategies for her business since she has no background.

  • Gaining trust from the people around you regarding the credibility of your business is a challenge for Pam.

Overcoming the Hurdle

  • Showing your small business determination by showing up every day is one of the first few steps. In short, make a significant contribution daily.

  • To attract prospective customers, Pam says a business must consider its franchise model, and it should be unique. Enter government contracting for added protection. You may lease a contracting officer to help you out with this one.

  • Be open to other people’s ideas to strategize on marketing your business.

Learning Entrepreneurship

  • Pam highlights the importance of having a skill set and using your talents to utilize the growth of your business.

  • You have to work on your business, not on your business. By doing so, you can earn your small business certification in no time.

  • It is essential to recognize your concerns. Recognize unnecessary things that would not be helpful for your business.

Controlling Emotions

  • Never let your emotions affect your work ethic. A stable mind equals reduced fees for your business.

  • While the business is growing, all of you must work together as a team. 

  • Review your average annual receipts, gross receipts, and government contracts. Then, work from there.

Making Adjustments

  • This is one sacrifice every business has to make.

  • According to Pam, it was risky because this change means she might lose some of her potential customers.

  • Never be afraid to make changes or adjustments, such as increased rates, as long as they are reasonable.

Advice for Acquirement

  • The company acquiring you must have the same values as your business.

  • If these are aligned with your core values, everything will work out.

About Pam

Pam Reynolds is the co-founder of Allegiance Aging Care Services. It was launched with the primary goal of providing support and guidance to seniors who want to grow older in their homes.

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