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Riding the Entrepreneurial Rollercoaster: Insights from Tom Conlon

Published by Summit Marketing Team on 17 Dec 2024

In this episode, the hosts engage with Tom Conlon, founder of North Street Creative, to discuss his entrepreneurial journey and the cyclical nature of business. Tom shares insights on the challenges of running a creative agency, emphasizing the importance of adaptability and timely decision-making. He recounts the impact of economic cycles on business operations and the significance of maintaining strong banking relationships. The conversation also covers the role of structured operating systems like EOS in achieving strategic goals and the necessity of financial visibility. The episode concludes with reflections on media influences and the enduring value of print publications.

 

 

Episode Notes:

"I didn't even have a line of credit until COVID. When it started happening, I realized how crucial it was to have that financial safety net." -Tom Conlon

The Finer Details of This Episode:

  • Entrepreneurial journey and background of the guest.

  • The cyclical nature of business and its impact on creative agencies.

  • Challenges faced while running a creative agency, including financial and cultural impacts.

  • Importance of adaptability and making timely decisions in business.

  • Strategies for surviving economic downturns, including financial planning and having a safety net.

  • The role of structured operating systems in enhancing business operations.

  • Financial visibility and its significance in strategic planning.

  • Engaging team members in the goal-setting process for personal and professional development.

  • Influence of media and publications on personal and professional growth.

Episode Resources:

Riding the Entrepreneurial Rollercoaster: Insights from Tom Conlon