The conversation explores the concept of freedom in business and its evolution over time. It delves into the initial purpose of opening a business, the changing definition of freedom, the pursuit of freedom, and the sacrifices involved. The dialogue emphasizes the evolving nature of freedom in business and the impact of external changes on an entrepreneur's pursuit of freedom.

Takeaways

• Freedom in business evolves over time
• The pursuit of freedom in business requires sacrifice

Chapters

• 00:00 Sacrifice and Evolution of Freedom

The trio discusses the challenges of setting goals for the new year, emphasizing the importance of embracing uncertainty and showing grace to oneself. They explore the pressure of goal setting, the value of setting smaller goals, and the significance of focusing on progress and peace. Additionally, they touch on leadership, vulnerability, and the struggles associated with creating a vision board.

Nugget Alerts

• Embracing uncertainty

• Showing grace to oneself

Chapters

• 00:00 Stepping into a New Year
• 06:22 The Pressure of Goal Setting
• 13:00 Focusing on Progress and Peace
• 19:10 Vision Board and Struggles

The conversation explores the concept of the journey mindset, understanding inner excellence, empowerment vs. challenges, control and freedom, embracing the journey, mindset in business and life, ebb and flow of business, and progress and peace in 2026.

Nugget Alerts

• Journey mindset in business and life
• Embracing progress and peace in 2026

Chapters

• 00:00 The Journey Mindset
• 07:46 Control and Freedom
• 21:28 Progress and Peace in 2026

Welcome to The Business of Business: Two Daughters & Their Dad where we talk about all things entrepreneurial!

Please download our Best of Nuggets eBook here.

Difficult conversations; yes that’s our topic. We all need to have them, whether it’s with business partners, employees, vendors, volunteers, and more.

Jack, Staci & Jennifer each share some of the best ways they have learned to have these conversations. From sending a mass email to all employees (a very bad idea) to stopping and addressing it in the moment, The Dempseys share some great tips.

Nuggets include:

- Don’t be emotional
- Addressing in the moment can lead to an immediate course correction
- Is it truly an issue or just a bad day?
- Make it a teachable moment
- Clear communication is key
- Don’t lack courage
- Roleplay and be prepared for rebuttals
- Stay on topic and listen
- Tough conversations do get easier as you grow your skills.

Email us at: TwoDaughtersAndTheirDad@gmail.com

Be sure to like and follow our Facebook page and on YouTube

Jennifer Faith Dempsey has been in the beauty industry for over 10 years. For the last 5 years she has owned J. Faith Hair Studio. She brings her experience on how she balances entrepreneurship and motherhood.

Staci Joy Dempsey is an insurance agent, a mom, and a busy non-profit volunteer. She truly understands what it means to be an entrepreneur. Staci serves as the podcast's host.

Jack Dempsey

Email us at: TwoDaughtersAndTheirDad@gmail.com

Please download our Best of Nuggets eBook here.

Like and follow us on Facebook

Jennifer Faith Dempsey has been in the beauty industry for over 10 years. For the last 5m years, she has owned J. Faith Hair Studio. She brings her experience on how she balances entrepreneurship and motherhood. Check out Jen’s blog.

Staci Joy Dempsey is an insurance agent, a mom, and a busy non-profit volunteer. She truly understands what it means to be an entrepreneur. Staci serves as the podcast's host.

Jack Dempsey is the dad who heads up this busy family. He is a founding partner in Dempsey, Weiss & Associates, an Elmer, NJ-based insurance and investment firm that began more than 30 years ago.

Welcome to The Business of Business: Two Daughters & Their Dad where we talk about all things entrepreneurial!

Today, Jack, Staci & Jennifer talk about a topic on everyone’s mind – Inflation.

It’s coming at us from all fronts so how, when and if do we raise our prices? And what’s up with surcharges for things like covid precautions and increased fuel costs?

There is no one “right” answer that fits all entrepreneurs or all businesses. From providing an increased customer experience to offset staff shortages to surcharges and cost of living price increases, the Dempsey family has a frank discussion on this timely topic.

Nuggets for fellow entrepreneurs include:

- Call a thing a thing – yep we’ve said this before!

- The customer experience is controllable, even when costs are not

- Deliver experience in an exceptional way

- Be as creative as you can with customer experience

- Showing gratitude is key

Email us at: TwoDaughtersAndTheirDad@gmail.com

Be sure to like and follow our Facebook page and on YouTube

Jennifer Faith Dempsey has been in the beauty industry for over 10 years. The last 3 1/2 years she has owned J. Faith Hair Studio. She brings her experience on how she balances entrepreneurship and motherhood.

Staci Joy Dempsey is an insurance agent, a mom and a busy non-profit volunteer. She truly understands what it means to be an entrepreneur. Staci serves as the podcast's host.

Jack Dempsey is the dad who heads up this busy family. He is a founding partne

Email us at: TwoDaughtersAndTheirDad@gmail.com

Please download our Best of Nuggets eBook here.

Like and follow us on Facebook

Jennifer Faith Dempsey has been in the beauty industry for over 10 years. For the last 5m years, she has owned J. Faith Hair Studio. She brings her experience on how she balances entrepreneurship and motherhood. Check out Jen’s blog.

Staci Joy Dempsey is an insurance agent, a mom, and a busy non-profit volunteer. She truly understands what it means to be an entrepreneur. Staci serves as the podcast's host.

Jack Dempsey is the dad who heads up this busy family. He is a founding partner in Dempsey, Weiss & Associates, an Elmer, NJ-based insurance and investment firm that began more than 30 years ago.

In this conversation, Jennifer Faith discusses the importance of balancing business responsibilities with personal life. She emphasizes that entrepreneurs should prioritize self-care and personal interests outside of their business to avoid burnout and stress. The discussion encourages a healthier perspective on work-life balance, advocating for time spent on personal well-being as a crucial aspect of being a successful business owner.

Nugget Alerts
- Owning a business can be all-consuming.
- Taking time for personal interests is essential.
- Self-care should be a priority for entrepreneurs.
- It's important to talk about work-life balance.
- Business owners should not feel guilty for taking breaks.
- Personal well-being contributes to professional success.
- Stress management is crucial for entrepreneurs.
- Engaging in hobbies can enhance creativity.
- A balanced life leads to better business decisions.
- Entrepreneurs should promote a healthier work-life perspective.

Email us at: TwoDaughtersAndTheirDad@gmail.com

Please download our Best of Nuggets eBook here.

Like and follow us on Facebook

Jennifer Faith Dempsey has been in the beauty industry for over 10 years. For the last 5m years, she has owned J. Faith Hair Studio. She brings her experience on how she balances entrepreneurship and motherhood. Check out Jen’s blog.

Staci Joy Dempsey is an insurance agent, a mom, and a busy non-profit volunteer. She truly understands what it means to be an entrepreneur. Staci serves as the podcast's host.

Jack Dempsey is the dad who heads up this busy family. He is a founding partner in Dempsey, Weiss & Associates, an Elmer, NJ-based insurance and investment firm that began more than 30 years ago.

Summary

In this conversation, Jack Dempsey & Staci Dempsey discuss the importance of identifying business opportunities, casting a vision for growth, and implementing effective systems while fostering team collaboration. He emphasizes the need for a clear vision and the role of feedback in achieving business objectives.

Nugget Alerts

• If you see an opportunity for your business, that's going to be important.
• I need to cast that vision because that's going to change things.
• You have to create the why: why are we doing this?
• Sit down with your team to discuss the vision.
• Here's how we're going to get there, here's what we need to do.
• Implement the system that is needed.
• Be open to feedback from your team.
• Ask your team if the right things are being done.
• Consider if you're overdoing it or missing something.
• Collaboration is key to achieving business goals.

Email us at: TwoDaughtersAndTheirDad@gmail.com

Please download our Best of Nuggets eBook here.

Like and follow us on Facebook

Jennifer Faith Dempsey has been in the beauty industry for over 10 years. For the last 5m years, she has owned J. Faith Hair Studio. She brings her experience on how she balances entrepreneurship and motherhood. Check out Jen’s blog.

Staci Joy Dempsey is an insurance agent, a mom, and a busy non-profit volunteer. She truly understands what it means to be an entrepreneur. Staci serves as the podcast's host.

Jack Dempsey is the dad who heads up this busy family. He is a founding partner in Dempsey, Weiss & Associates, an Elmer, NJ-based insurance and investment firm that began more than 30 years ago.

In this episode of the Business of Business podcast, hosts Staci and Jack Dempsey reflect on the past year, discussing key themes such as navigating change in business, understanding risk and reward, the art of negotiation, and how to handle setbacks. They emphasize the importance of creativity, collaboration, and maintaining a positive mindset in the face of challenges. The conversation wraps up with a look ahead to the upcoming season, encouraging listeners to embrace the entrepreneurial spirit.

Nugget Alerts

• The world of business is constantly evolving, and entrepreneurs must adapt to stay relevant.
• Creativity in marketing can significantly enhance a business's visibility and success.
• Understanding the full scope of risk can lead to better decision-making in business.
• Negotiation is a crucial skill; always aim for a win-win outcome.
• Setbacks are inevitable in business; maintaining a positive mindset is key to overcoming them.
• Involving your team in problem-solving can lead to innovative solutions.
• Asking 'What's the worst that could happen?' can help clarify risks.
• The ability to walk away from a negotiation can strengthen your position.
• Embrace change as a part of the entrepreneurial journey.
• Entrepreneurship offers unique opportunities in a rapidly changing environment.

Email us at: TwoDaughtersAndTheirDad@gmail.com

Please download our Best of Nuggets eBook here.

Like and follow us on Facebook

Jennifer Faith Dempsey has been in the beauty industry for over 10 years. For the last 5m years, she has owned J. Faith Hair Studio. She brings her experience on how she balances entrepreneurship and motherhood. Check out Jen’s blog.

Staci Joy Dempsey is an insurance agent, a mom, and a busy non-profit volunteer. She truly understands what it means to be an entrepreneur. Staci serves as the podcast's host.

Jack Dempsey is the dad who heads up this busy family. He is a founding partner in Dempsey, Weiss & Associates, an Elmer, NJ-based insurance and investment firm that began more than 30 years ago.