ASBN 07/26/23 Newsletter

Top Stories

Why celebrated news anchor Lynn Smith left TV to build her own media business

Welcome to another episode of?The Female Founder?with Bridget Fitzpatrick , Co-founder of?ASBN?and the?CBT Automotive Network.?Today's guest is former news anchor?Lynn Smith. She's anchored for some of the biggest newsrooms across the country, including?NBC News,?MSNBC,?CNN, and?HLN?where she worked in front of and behind the camera. During her long career in journalism, Lynn has interviewed some of the biggest names in news and entertainment and hosted shows like?Weekend Express?and?On The Story. She recently took a huge leap and said goodbye to the TV world to help others with her own company,?Rylan Media, serving as a media consultant advising CEOs and business leaders on how to get their message out clearly and concisely on camera.

Small business update: entrepreneurs forecast revenue gains — Tom Sullivan

For small business owners, it is crucial to stay informed on the latest economic trends impacting their industries. Unfortunately, it can be challenging to digest the information when things like inflation, taxes and the stock market change daily. In this?Small Business Update, host Jim Fitzpatrick is joined by Tom Sullivan, vice president of small business policy at the?U.S. Chamber of Commerce, to discuss the latest data on how entrepreneurs are navigating the post-pandemic landscape.

Want to start a nonprofit? Here is what you need to know — Rabbi Larry Sernovitz

On?The Roadmap, we often talk to guests about how to climb the ladder, scale their business, and one day, exit stage left. But as of late, many people have asked, what about nonprofit businesses? On this week’s show, host?Ted Jenkin?welcomes Rabbi Larry Sernovitz, the CEO of?Hillels of Georgia, a nonprofit umbrella organization partnering with over 24 college campuses to engage and empower Jewish students.

Hot Topics

8 major mistakes to avoid when starting a new business

As a new business owner, you’re probably excited about your business plan and eager to put your company on the map.?Starting a new business?might sound easy, but startups are much more likely to succeed if given a lot of commitment, time, and hard work. To start a business with the best chance of success, avoid these mistakes. (LEARN MORE)

5 books all small business leaders should have on their to-read list

When it comes to advice for small business owners, both young and experienced, the internet is not lacking. The expert authors of books on this topic can agree on this:?Leadership?is not easy, and being a people person is not enough to excel. Instead, there are methodologies, tricks, and tips that can help established professionals lead teams with the confidence and expertise that is expected of them. (LEARN MORE)

Alpha Kappa Alpha Sorority launches first ever 'For Members Only' credit union

Alpha Kappa Alpha Sorority, Inc.?members recently took part in the official opening of the organization’s new “For Members Only” (FMO) credit union. Prior to the?2023 Leadership Seminar, the event was held at the organization’s corporate headquarters in Chicago.The organization claimed on Instagram that “FMO is the first Black-owned, women-led, sorority-based?digital banking?financial institution in the history of the United States, and some of our Sisters even signed up on-site.” (LEARN MORE)

ASBN Cartoon of the Day

Way Back Wednesday

Strategy vs Execution: How to distinguish the importance of each — George Deeb

Which is more important--the strategy or the execution? On today’s?Small Business show?we’re joined by George Deeb, the Managing Partner at?Red Rocket Ventures,?to answer that question for us as he shares his expertise on startup success.

10 Small Business Ideas that Thrive During a Recession

A possible recession has been on the minds of many small businesses and entrepreneurs throughout the United States. Analysts are?uncertain, though, if or when a recession will begin.?Thankfully, not all industries have to worry about a recession. Even if one does happen, certain businesses will continue to thrive since they are essential. Interestingly, some companies do well when consumers cut back on spending, especially if they are choosing a competitively priced service or product. So, what industries should you consider?