Every entrepreneur claims they “know their numbers,” but do they really? In this episode of Mike and Blaine, we dig into the tension every small business owner faces: when to trust your gut instinct and when to let the data lead the way. Business decisions are rarely black and white, and sometimes the best path forward depends on striking the right balance between intuition and analysis.
We explore real stories where listening to instinct paid off with big wins—and other times where ignoring the numbers led to costly mistakes. From cash flow forecasting to market shifts, we highlight the risks of relying too heavily on either gut feelings or spreadsheets, and how entrepreneurs can use both to their advantage. Spoiler: one overlooked data point or one bad hunch could be the difference between growth and going broke.
Mike and Blaine also share their own experiences navigating business decisions, offering insights into how leaders can make smarter choices, avoid blind spots, and build confidence in both their instincts and their numbers. Whether you’re running a startup, scaling a small business, or just trying to sharpen your decision-making skills, this episode is packed with lessons on how to find the sweet spot between data and intuition.
#Entrepreneurship #BusinessMindset #DataDriven #SmallBusinessOwners #MikeAndBlaine
Don't miss the latest insights and entertaining discussions on entrepreneurship, small business, and random BS. Subscribe, follow, and like Mike and Blaine's "Business, Beer, and BS" and catch every episode!
Featured Beer: @RealAleBrewing @omenbrewingyeg
Mike: Real Ale Brewing Company “Favorable Conditions” West Coast IPA
Blaine: Omen Brewing “Spilt Milk” Milk Stout
Watch on YouTube: https://youtu.be/2V_jjIL1DFY
Thanks to our Beer Sponsors:
• Rachel Barnett from Gentle Frog: youtube.com/@GentleFrog
• Karen Hairston from 3S Smart Consulting: 3ssmartconsulting.com
• Larry Weinstein, the Cash Flow Cowboy in Houston Texas!
• Neighbor Pat
• Devin
Listen to all our episodes at mikeandblaine.com
cashflowmike.com
dryrun.com
Catch more episodes, see our sponsors and get in touch at https://mikeandblaine.com/
Popular Podcasts
On Purpose with Jay Shetty
I’m Jay Shetty host of On Purpose the worlds #1 Mental Health podcast and I’m so grateful you found us. I started this podcast 5 years ago to invite you into conversations and workshops that are designed to help make you happier, healthier and more healed. I believe that when you (yes you) feel seen, heard and understood you’re able to deal with relationship struggles, work challenges and life’s ups and downs with more ease and grace. I interview experts, celebrities, thought leaders and athletes so that we can grow our mindset, build better habits and uncover a side of them we’ve never seen before. New episodes every Monday and Friday. Your support means the world to me and I don’t take it for granted — click the follow button and leave a review to help us spread the love with On Purpose. I can’t wait for you to listen to your first or 500th episode!
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
The Joe Rogan Experience
The official podcast of comedian Joe Rogan.