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Detailed text transcripts for TV channel - MSNBC - 20150718:09:55:00

You can t get more boring than 3m. post-it notes and exact same question. big company, thousands of employee, hundreds of products. do you have one social media the answer is, no they have an @3 @3m twitter account and what they sponsor. post i have it notes has its own twitter handle. what i learned from that is that, look, if you re a business and separate distinct brands within your business or multiple companies, there s no rule that says you have to have one social media presence. you should be dividing it up so your fans are getting the content that they want to get. it makes complete sense, right? because you want to be as specific as possible. it s a whole point of social media. you can get these initials. for someone like you who your brands are interrelated. you have gyms you have nutrition products so they re related, they re not the same. they re not the same and have their own, again, to what gene said their own distinct ....

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Detailed text transcripts for TV channel - MSNBC - 20150718:09:49:00

Admits his business has its own growing pains. to a degree we re our own competition but also flip side of that is we re our own competition. while the success of the m mcnellie s group has had inevitable effects they haven t been all positive. now we revictims of our own success. we drove a lot of rent increases ourselves and that s what we re fighting. that s not the only battle nelson and his staff are fighting. they re 230e cussing on other areas which is how the bowling alley became a reality. the people who experience downtown are here. so i think at that point the pie has really stopped expanding. we ve got to be aware of that. at that point i think we begin to can nallize ourself. he ll continue to build upon his already successful model and managed to balance the business so far and believes he and his staff will be able to do it again. ....

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Detailed text transcripts for TV channel - MSNBC - 20150718:09:50:00

time to answer some of your business questions. we are talking about running multiple businesses today. so let s get our board of directors in here to help us out. eric casaburi and gene marks is here founder and president of the marks group and columnist for the washington post. thanks for being here. i m so glad we re focusing on this today. i feel like so many people are doing more than one thing. i know i do. i know you do. i know you do. here we go right? yeah. the first question an e-mail from maryland in the restaurant business at the jersey shore and writes my company is looking for, pax opportunities to staten island and south florida to balance our seasonality. how do i seek out a working partner with skin in the game in an area i am not familiar with? what do you think, gene? there s first of all you want to reach out to the contacts and people you know. when i think about people looking into different areas of the country where they want to work, she might want to ....

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Detailed text transcripts for TV channel - MSNBC - 20150718:09:44:00

Die this stuff because i have to fuel myself with more information. meet one or two more people and networking and continue to do if you say in business stay in business. eric, thank you so much for this advice and we ll bring you back for questions. awesome. still to come we ll answer your small business questions about expansion and growth including one about finding partners and locations you aren t familiar with. plus, social media strategies for promoting multiple businesses and how the owner of eight bars and restaurants in oklahoma keeps them from competing with each other. american express for travel and entertainment worldwide. just show them this - the american express card. don t leave home without it! and someday, i may even use it on the moon. it s a marvelous thing! oh! haha! so you can replace plane tickets, traveler s cheques, a lost card. really? that worked? ....

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Detailed text transcripts for TV channel - MSNBC - 20150718:09:52:00

Five stars and go in and steal that person s manager. don t steel that person s chef. it s business. we re not here to make friends. we re here to win. got it. okay. good advice. moving up moving on i mean we have a question from welly about the right time to grow. when does it make sense to expand to other cities. we re growing quickly in new york city and we re thinking about adding new locations. in other cities. i m wondering what kind of milestones are critical to reach before doing that. how do you find that in the first place. growth is an interesting anomaly in business. so many different facets to geographic expansion. i always tell my franchisees and a spoke to a budding franchiser start in your own backyard and truly develop your own backyard before you find someone else s backyard you got to own yours because if you start looking outside of new york and look into florida, you may forget about new york and it may not be ....

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