Diving deeper on one of episode 8's topic. Mike and Scott dig into the real mechanics of funding a business - when you actually need outside money, and what trading time, margin or control really means. Over Garage Project's Mon P'tit Chou and a steak and mushroom pie from Gladstone Butchery, they map out loans, VC and everything in between.

You'll learn:
-The three ways to fund growth - revenue, borrowing, or equity - and what you trade away with each;
-Why hitting a growth cliff is usually a sign your supply or delivery is the real constraint, not a lack of demand;
-How loan terms actually work - term, security and interest rate - and why a mortgage and a payday loan sit at opposite ends of the same spectrum;
-What VCs actually want to know before they write a cheque, and why your due diligence on them matters just as much as theirs on you;
-and why showing what you've already built with $5K-$50K of your own money is often more persuasive than a perfect pitch deck.

Beer: Garage Project Mon P'tit Chou - French Farmhouse Ale (5.0%)
Pie: Gladstone Butchery - Steak and Mushroom

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Want an in-person 6 day business program that gives you a tried and tested playbook to grow? Check out: Business Growth School

Want better content? Check out: Blacklime

The company that uncomplicates business growth. Check out: Point 16

Get to know us! Mike Burke & Scott Douglas

See omnystudio.com/listener for privacy information.

A deeper, more tactical return to Episode 8's big question, with real dollar figures attached. Mike and Scott walk through exactly how to validate an idea at $0, $500 and $5,000 budget levels — and how to land your very first customer.

You'll learn:

-Why an idea alone has almost no market value in the age of AI;

-How to validate for free (talk to 1–100 potential customers) before spending a cent; how to test with $100–$500 using landing pages and boosted social ads;

-When a $2,000–$10,000 prototype is worth building;

-The PCF framework applied step-by-step to a new idea;

-and why "growth cliff #1" is simply getting your first customer, not building scalable systems.

Beer: Canyon Brewery The Front Pilsner (4.9%)
Pie: Roti Bros — Butter Chicken

Liked this one? Make sure you catch the next episode - hit subscribe and check us out here:

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Want an in-person 6 day business program that gives you a tried and tested playbook to grow? Check out: Business Growth School

Want better content? Check out: Blacklime

The company that uncomplicates business growth. Check out: Point 16

Get to know us! Mike Burke & Scott Douglas

See omnystudio.com/listener for privacy information.

A fun, self-reflective one. Scott and Mike break down the three archetypes of business owner — Visionary, Craftsman and Hustler — and how understanding your own type changes who you should hire and how you should lead.

You'll learn:

-The three main owner types and their classic strengths/weaknesses

-A simple test to identify your own type

-Why you should hire for the tasks you don't enjoy, not just your weaknesses on paper;

-The Platinum Rule — treat people how they want to be treated, not how you do;

-and why calling your team "family" is a bigger promise than most leaders realise.

Beer: Punk Heads Hammer Head West Coast Pilsner (6%) & Richard Cranium Hazy IPA (6.4%)
Pie: Gold Crust Pies — Pepper Steak with Mushroom Sauce

Liked this one? Make sure you catch the next episode - hit subscribe and check us out here:

YouTube

Instagram

Facebook

Want an in-person 6 day business program that gives you a tried and tested playbook to grow? Check out: Business Growth School

Want better content? Check out: Blacklime

The company that uncomplicates business growth. Check out: Point 16

Get to know us! Mike Burke & Scott Douglas

See omnystudio.com/listener for privacy information.