The BizActually Podcast

The BizActually Podcast

Welcome to the BizActually Podcast where we dive into what it's really like behind the scenes to build, manage, and grow a successful small business with real-world examples, cases, and stories. Our co-host and founder of, Terry Cornelison, has spent over 40 years building, managing, and advising businesses in the U.S. and around the world. Terry has taught in the MBA and Executive MBA programs at Washington State University and the University of Minnesota Carlson School of Management. As a Certified Small Business Advisor for the Washington Small Business Development Center (SBDC) and director of multiple international development projects, he has helped thousands of entrepreneurs, founders, and business owners through turnarounds as well as the startup and early growth stages of their businesses.


January 7, 2022 33 min

In our first episode of 2022, we dive into some of the burning questions on so many people's minds in the midst of the "Great Resignation."

  • Should I quit my job or drop out of college to start a business in 2022? And what's the first step?
  • How do I know when I've confirmed that there is a serious opportunity for me to build a profitable business?
  • How secretive should I be about my idea?
  • And how long does it realisti...
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    Mark as Played

    In this episode, we take a closer look at one of the top reasons for small business failure, as reported by the Small Business Administration and many independent surveys and studies—cash flow problems.

    First of all, what does "cash flow" mean? Why is it reported as one of the top reasons that small businesses fail, year after year? Is cash flow really the problem or is it a symptom of a deeper, underlying issue? Most import...

    Mark as Played
    November 30, 2021 36 min

    In this episode, we dive even deeper into ways that your competitors can help you shorten your learning curve as a business owner and thrive in your industry.

    Links from this episode: 

  • Episode Transcript

  • Your competitors are a goldmine of all kinds of information that can help you gain a foothold in your market, avoid traps and pitfalls, and build a profitable business faster.  

    Building on our last episode, Let Your Competitors Help Y...

    Mark as Played
    November 26, 2021 45 min

    In this episode, we talk about letting your competitors help you make your business better and more profitable--as strange as that might sound.

    Links from this episode: 

  • Our Tips & Advice for Reaching Out to Your Competitors 

  • Believe it or not, many of your competitors would be more than happy to help you in all sorts of ways, whether you're just starting out or you're already in business and struggling.

    We use two examples...

    Mark as Played

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