Scaling Small Businesses: Insights from Mike Farnetti of Daringhouse | Whiskey and Wisdom Podcast
In this episode of the Whiskey and Wisdom podcast, co-hosts Chris Kellum and Tyler Yaw chats with Mike Farnetti of Daring Haus about the journey of growing small businesses through finance, operations, marketing, and branding. Mike shares insights on his transition from a corporate finance career to co-founding Daring Haus with his wife, Sasha. They discuss the challenges and rewards of helping small businesses scale, the importance of holistic business advisory, and the personal motivations behind their work, including finding a work-life balance. Tune in to hear about Mike's experiences, his advice for entrepreneurs, and the unique approach of Daring Haus to business growth.
00:00 Welcome and Introductions
01:18 Mike Farnetti's Background and Business
03:02 Challenges and Rewards of Small Business
07:54 Balancing Family and Business
11:59 Finding and Working with Clients
18:26 Challenges of Implementing Change in Small Businesses
18:55 Balancing Expertise and Client Expectations
19:25 The Importance of Education in Business Consulting
20:20 Scaling a Business: Mindset and Delegation
21:38 Navigating Client Relationships and Industry Insights
29:08 Defining Success in Business and Personal Life
31:09 Lessons from the Restaurant Industry
33:07 Barbecue Talk and Personal Reflections
34:48 Closing Thoughts and Future Goals