July 10, 2024 • 24 mins
Today on The Daily Bespoke, the fellas discuss "Shutting Up Shop"...
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Speaker 1 (00:00):
Hello, it's Matt Heath here with a massive self source.
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Ways to Love the Life You've Got, is out now.
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Matt has a hilarious way of articulating an important message,
highly valuable advice for Anyone. Newsroom described it as good,
very good, indeed, and under Juris Dreamy well see had
(00:21):
met as a deep thinking, highly intelligent human being. The
number one best selling are Lifeless Punishing Thirteen Ways to
Love the Life You've Got is available in all good
bookstores now.
Speaker 2 (00:45):
It scared Bison.
Speaker 3 (00:58):
Yeah, good morning.
Speaker 2 (01:01):
Welcome along to the Man and Jerry Podcast Thursday, the
eleventh of July, or if you're behind the international dateline
Wednesday the tenth of July twenty twenty four. That's for
all our listeners in anywhere or east of the I'm
(01:21):
just thinking about where that dayline runs up through Tonga.
Speaker 3 (01:24):
It's actually very good. Therefore, we don't do that enough
on this or Alaska. We should probably be doing that
mortion'tly you know, it's quarter past state in the morning.
If you're listening internationally, it's quart you know, like every
time we come out of a song. Maybe we should
do that for you, Jerry, if you could just run
us through an international clock. Wow.
Speaker 2 (01:40):
We had for a while the Swatch time, which is
like it's called beat time, so it's all about beats.
So I'll have a lock up here because I mean
there's a Swatch beat time. So currently it's so a
beat is equivalent to one and twenty six point four seconds, okay,
(02:03):
and it means that you don't have to worry about
time zones.
Speaker 3 (02:06):
Oh, I mean, this is fascinating stuff. So the idea
is that everyone runs on this beat system yep. And
so remind me how long a beat is?
Speaker 2 (02:15):
One? What was it? One minute? Twenty six point four seconds?
Speaker 4 (02:18):
Wow.
Speaker 3 (02:18):
And that's where the same don't miss a beat comes from. No, yeah,
it is, I don't think so that is it's not music.
Don't miss a beat. That's about music. It's like, no,
how many beats to a bar? No, it's not promise,
it's about this, how many beats to a bar?
Speaker 2 (02:33):
No?
Speaker 4 (02:34):
Four? Well, generally four beats to about the most general.
Speaker 3 (02:37):
The waltz is going to be fucking pers through. The
walts are going to be heavy. But what about the
fox trot?
Speaker 2 (02:42):
What about different?
Speaker 4 (02:42):
So there's different time signatures. You're talking musical theory here,
Sound Garden, like, just do things in five eight quite
a bit?
Speaker 2 (02:49):
Five eight?
Speaker 4 (02:50):
Yeah? Sometimes five?
Speaker 2 (02:52):
How does can you do five eight? For me?
Speaker 3 (02:53):
How does five a go? Yeah? Go on? Brow is
a dog shitnature?
Speaker 2 (03:00):
Well, basically, I'm so you go five eight means that
you go every what sort of one on a third beat?
Speaker 4 (03:07):
Eight rhythm?
Speaker 3 (03:09):
Five is the amount of beats in the bar? Right,
and then you've got what kind of beats those are?
And since they forgive me if I'm wrong, it's been
a long time since music theory. But since you've got eight,
that means you're working in semiquavers? What's the half?
Speaker 4 (03:23):
Oh gee, what's the crotchets?
Speaker 3 (03:25):
What's the wind?
Speaker 2 (03:25):
It was what quavers? Semiquavers?
Speaker 3 (03:27):
What's the quarterbat wounder? Because you've got five of those
essentially in a bar? Is when I'm trying to crotch
it isn't it? Oh fuck, someone is going to know
what we're talking about. It's going to be some music
heads listening. Sorry, I thought I actually knew more about
that than what I did.
Speaker 4 (03:37):
I did too, And then I'm looking at it and
I rarely know nothing. Even when I google it, I
still know nothing about it.
Speaker 3 (03:43):
Yeah, what does it say? What does Google say about?
Five eighths?
Speaker 4 (03:45):
Was this picture of Sting? So I'm going to blame him?
Speaker 2 (03:49):
What was easy to blame Sting in these situations? I'm
just trying to find slamming tantric sexting. Hey, he was
big on the Tan Trick, wasn't he? Sting?
Speaker 3 (03:57):
He was too, wasn't he.
Speaker 2 (03:58):
He's big on the psychedelics and he's big on the
Tent Trick? Six?
Speaker 3 (04:01):
Yeah he had, he's got He was reading a whole
bunch of books for a while they were about the
Tent Trick? Six. Did we ever find out if he
was any.
Speaker 1 (04:07):
Good at it?
Speaker 3 (04:08):
You know? Were there reports that coming out? Does he
have a long term partner?
Speaker 2 (04:11):
Stone?
Speaker 1 (04:12):
Yeah?
Speaker 4 (04:13):
Say so, because it's.
Speaker 3 (04:14):
A strange thing, isn't it to come home to a
partner that you've had for a wee while and you've decided,
hey baby, you know what coming too now?
Speaker 2 (04:21):
Six? Yeah, that's that's a tricky thing about a long
term relationship. Isn't it sudden you start turning up with
a new maneuver and your partner's like, where did you
learn that new maneuver? I'm debuting it for the first
time here.
Speaker 3 (04:33):
That's a good point.
Speaker 2 (04:34):
Really, you're just daybuing that. You seem to be very
proficient at it. Yeah, no, no, I'm debuting it's new.
Have you heard that before?
Speaker 4 (04:41):
No, sy Sting's wife, it's called Trudy, Trudy Styler, and
she's before. She's before talked about Sting and her having
five hour tan trick six sessions, but apparently there's also
stories about them having seven hour tent trick six sessions.
Speaker 3 (04:57):
That's quite hard, and the fuck seven hours?
Speaker 4 (05:01):
No one got time for the ship?
Speaker 3 (05:02):
What makes six tentric?
Speaker 2 (05:05):
Good question? I think it's I don't think you ejaculate, sure.
I think that's the idea is to take someone as
close as you possibly can to the brink of orgasm,
and then you and then you pull back, and then
you you and then you work it back up again,
so you're constantly no, yeah, you should beat that. There's
(05:26):
no talking about.
Speaker 3 (05:27):
Don't worry there, We'll be doing that. I will be
one in all seriousns.
Speaker 2 (05:30):
I mean maybe you do at the end of it,
but there's got nothing to do with tric.
Speaker 3 (05:34):
It concerns me when things like that happen because.
Speaker 2 (05:37):
You say things like that.
Speaker 3 (05:38):
Yeah, because you go when you like, I didn't want
to say that, right, No, you know, and then you
say things like that and you go, oh, that's a disaster.
Anyway back to tentrics.
Speaker 2 (05:46):
No, you you know what, You've just actually brought up
a code. An interesting point because do humans say, I mean,
you say things sometimes right and people say, well, you
shouldn't have said that. Well, it just came out.
Speaker 3 (05:56):
Like that before. I mean, it's beat so you don't
know what it was. But you know, the question is
do we have free will? Do we have choice over
our thoughts? I say no, I say, we don't actually
have free will? Why no?
Speaker 2 (06:10):
Because if you've ever meditated before, you've realized that when
you try and think of nothing, So when you try
and clear your mind and just think of nothing, a
thought will come into your head and it's got You've
not controlled it totally. You watch it come in and
you're like, where did that come from? And you realize,
where does a thought come from?
Speaker 3 (06:26):
While the thing is, I suppose the argument to that,
and I agree with you. By the way, I agree
with you in it mainly because it would save me
from a lot of horrific thoughts that I have. But
I the other side of that is that aren't your
thoughts kind of coming from a place of experience, emotion
and all the things that you've felt before. Maybe so
they came from a place of you. So technically did
(06:47):
they come from you?
Speaker 2 (06:48):
Well, they definitely come from you, do they? But are
they generated by your will?
Speaker 4 (06:54):
You?
Speaker 3 (06:54):
Are you?
Speaker 2 (06:55):
Are you not? Are they just happening to you because
your thoughts just happened to you? You? Yeah, they do.
I mean are they affected by your surroundings? Yes, clearly.
Are they affected by the things that you've already taken
into your brain at some stage stimulus that already exists
inside of there? Yes, it's been filed away. But do
you control when it arrives? No, in my experience, you don't.
(07:17):
You can't. You can control what you do with it
once you once you experience the thought.
Speaker 3 (07:21):
Let me put this into a metaphor, what you're saying here,
you will past the lady. Yeah, you don't have the control.
You don't have the ability to either block out the
thought if you find how attractive? Do you that that's
a thought that comes into the mind, whether you like
it or not, Yeah, you know straight away. But after
that it's up to you what you do with it. Yeah,
you're doing it well obviously.
Speaker 2 (07:42):
I mean we didn't need to explain that part of it,
but yes, I feel like.
Speaker 3 (07:44):
I did, because that's the part that you're talking about.
There is once the thought itself, not you, no, But
what you do after the thought is you.
Speaker 2 (07:52):
Absolutely. I find it interesting because do you have some
people that say, oh, you know, I fell in love
with such and such. I couldn't help it. I just
and we fell in love and we had to. I'm sorry,
but I had to. I had to go through with it.
We fell in love. It wasn't our fault.
Speaker 3 (08:08):
Love found us is And are you saying that that's
not possible, That it's very possible.
Speaker 2 (08:12):
I think I'm saying it's possible. But I think to
say that that you fell in love with someone it
wasn't anything to do with you. Fact, I think there's
a you have the thought, but then take it take
it further as a as an action that you are
that you do have control over.
Speaker 3 (08:25):
Do you believe in love and first sight?
Speaker 2 (08:27):
Then yeah, absolutely, But.
Speaker 3 (08:29):
That's kind of back to what you were saying originally,
where so maybe you can fall in love without wanting.
Speaker 2 (08:35):
To, Well, you have to be open to the fact
that following through with it.
Speaker 3 (08:40):
Yeah, follow through is very important, whether or not your
trent bolt or whether or not you're making love.
Speaker 2 (08:45):
Yeah, I mean you shut up shop like me.
Speaker 3 (08:47):
I mean you shut up shop. Yeah, it is recent
for you.
Speaker 2 (08:49):
And when you shut up shop, you choose to shoot
shut up shop. You choose to shoot up shop. And look,
the thoughts will come in there, there's no doubt. But
I said, look the shops shut, that's closed.
Speaker 3 (09:00):
Is that what happens?
Speaker 2 (09:01):
We're doing online training only. We will send some packages
away online, but in terms of actually the store front
and turning up to the store, if there are customers
that turn up, I will I'll deal with those customers.
But we're not selling anything over the counter anymore.
Speaker 4 (09:18):
And that business that you're running we've shut up shop.
Is there a lot of online business going down?
Speaker 2 (09:25):
Interestingly, when the shop, when we shut up the shop,
the online business sort of dropped away.
Speaker 3 (09:31):
Really. Yeah, But when you shut up shop. The jerry
did the opportunities? Did the customers still want the product?
Speaker 2 (09:38):
At first, I think the customers kept coming through the door.
But more recently, as they've learned, more and more people
have been learning that the shop has shut and now
it habits, you know, consumer habits or word.
Speaker 3 (09:48):
Spreads, doesn't it. Yeah, you find out your favorite shops
closed down, then you're not going to from a friend.
You're not going to go back to their shop. You're
just going to take their word for it, don't you.
Speaker 2 (09:56):
Yeah. And the council hasn't helped as well because they've
created bus lanes outside my shops and you can't park
over grown, you can't park there. Oh yeah, it is
actually the mat.
Speaker 4 (10:06):
The other thing is there's a lot of small businesses
that are that are failing at the moment. So there's
no shame for yours has to shut up shop.
Speaker 2 (10:14):
No, No, I'm not. I'm not upset about that. Look,
it was a business that ran, It did good some
good trade in this day. Yeah, it did put some
put some food on the table, put some food on
the table and did some good trade.
Speaker 3 (10:27):
It feels a bit defensive, like no one was questioning
the success of your business.
Speaker 2 (10:31):
But it's good trade.
Speaker 3 (10:32):
It was a successful business, but run its course. I mean,
can we have a look at the books at some point,
like I'll open the books, have been open the whole time,
it's matter of public record, or can you put the
can are those can we make those books available to
the public.
Speaker 2 (10:45):
The books are available, they always have been your shot,
Like nobody's interested in those books anymore. I think people
business has finished.
Speaker 4 (10:52):
Were there ever any other partners in the business that
you've had to shut up shop with? No never needed
anyone else in the partnership, No interesting, no need.
Speaker 3 (11:03):
This is amazing. I didn't realize that this is so
much that goes on for you in shutting up shop.
Speaker 2 (11:09):
Not really, it's it's just, yeah, it was actually very
little involved in shutting up shop. You just closed the
doors and put a sign up and don't don't turn
up to your shop very often. It's actually it is
he stopped trumming in bush, stop attending to the garden outside.
It's great. And actually the lease runs out eventually, and
and then and it's a relief, right, I'm not just
(11:33):
to it. It's a good day.
Speaker 3 (11:34):
I just don't really think you and I thinking about
the same thing.
Speaker 2 (11:37):
Hopefully we are.
Speaker 4 (11:38):
I think I am. Yeah, I think ruder is I'm
open for business.
Speaker 2 (11:43):
Now. I know your age. You think because you're a
small business owner, it's just starting up very small business,
and you're thinking, I can't imagine ever wanting to shut
up shops. I think I want to run this business
for the rest of my life.
Speaker 3 (11:52):
That's how I feel like I've gone to I've applied
for a few for a few loans.
Speaker 2 (11:58):
Suck all the capital out of that business, and and
just keep going forever. And maybe you'll even think about
passing it down to your children.
Speaker 3 (12:04):
Excuse me?
Speaker 4 (12:07):
Have you thought about listening at it on the nzy
Ford your business mash?
Speaker 3 (12:11):
I'm just not one hundred percent sure.
Speaker 2 (12:13):
If I don't think businesses get big enough to list
in terms of mesh.
Speaker 3 (12:16):
Are you passing your business onto your children?
Speaker 2 (12:18):
No, I'm not. No, I'm absolutely not. My children are
going to stand on their own two feet.
Speaker 3 (12:22):
Right, Okay? Would you recommend that other people do?
Speaker 2 (12:25):
It's just up to I don't think you want to
be any part of them. I've seen family businesses, and
I've seen what happens when you pass them on and
it's let's just say it's not good. I think it's
a big burden to pass down to your children.
Speaker 3 (12:38):
Okay, you and I are definitely talking about something else now,
I don't think we are. Should we take a break
and just come back and wrap.
Speaker 2 (12:44):
The shit up? Problems with your business is that you
thought you needed a warehouse off premises. Yeah, and you
made a mistake there because you didn't need that warehouse.
You should have just kept your business small. It's small,
(13:05):
Keep it small, keep it local. Just worry about the
community around you. Just service that community around you, and
don't start you're not. Got some distribution warehouse operating in Penrose.
That's that's distributing things online and all sorts of stuff.
You gotta you've got to avoid that. It'll be it'll
complicate things.
Speaker 3 (13:23):
You seem to know a lot about my business I
do about my small business that's just just just started
up the past few years.
Speaker 2 (13:29):
Yeah I do.
Speaker 3 (13:30):
Okay, Yeah, Well I visited the shop myself, like early Doors,
I thought that I needed another distribution center that's in
the Skytower.
Speaker 2 (13:37):
And you don't need it.
Speaker 3 (13:39):
You don't need to do you don't need that. You
learn these things though, as you go on it, don't
You don't need it? Do you read?
Speaker 2 (13:43):
Rut has opened up. He's had a warehouse that's operated before,
he said, sort of other employees, and also.
Speaker 4 (13:50):
Had a couple of warehouses going yeah, ahaduses all sorts
of stuff.
Speaker 3 (13:56):
And then what are you saying like now that you've
just kind of pulled things back and now you're just
your own business owner.
Speaker 4 (14:02):
The thing about having multiple warehouses open is that it
can get a little bit messy. Oh yeah, and there's
always people come around and get paid. Well, that's it
what they're coming around. They're like, you've got too many
businesses open, buddy.
Speaker 2 (14:18):
And you were operating You weren't even operating contractors. You
were operating full ft s yeh time employees. You're there
withholding texts for those counts, all sorts of stuff. Did
I say something I shouldn't have?
Speaker 3 (14:38):
Did you ever at any point run warehouses?
Speaker 1 (14:40):
No?
Speaker 3 (14:41):
You had one in fucking Scotland for a while. No.
Speaker 2 (14:44):
No, that was completely separate business. Okay, separate business.
Speaker 3 (14:48):
You're guarded when you had to.
Speaker 2 (14:49):
That was a one international business. That was a separate business,
not under the same license. That's a completely different business.
Speaker 3 (14:58):
Where else you have you got international any other times,
your wisiness. No, actually, no, neither of I really, I mean,
I'm only one shop now. And then obviously the Penro's
warehouse that I opened up for a couple of weeks
that like that went under pretty quickly.
Speaker 2 (15:11):
But yeah, careful, it's just the other that you open
up one ware house and then it's it's a lot
of it's a fixed cost that you're just gonna have
to keep paying each month. And sometimes you think this
is going to my business is going to expand I'm
going to need extra space. You don't.
Speaker 3 (15:27):
Okay, Well, then there's two mature business owners. Well, Jerry,
you know you've shut up your shop, and yeah, I'm retired.
You've retired, so I appreciate.
Speaker 4 (15:35):
That we're retired. You don't even you don't even a
little bit every now.
Speaker 2 (15:40):
No, I do open, I do, actually, dabble heart. You
got to keep yourself busy.
Speaker 3 (15:44):
Okay, Well, this is the thing because my grand keep,
my granddad used to have this tool shop and he
had to shut that shop up just after actually just
before my grandmother passed. But he he needs to keep busy.
Speaker 2 (15:58):
Yeah, you've got a potter. You've got to potter around Potter.
Speaker 3 (16:02):
He struggles with that. So I've interest to see how
you go over the next kind of couple of years
pottering around because people are used to but once you're
used to having a shop being open for so many years,
it must be quite intense as you shut up shop.
Speaker 2 (16:13):
Yeah, well, your grandad never had the online part. That's
still there if you needed it.
Speaker 3 (16:18):
No, people came into the tool shop, people came out
of the toolshop.
Speaker 2 (16:20):
Yeah, it should have been running a little bit of
an online situation in the background.
Speaker 3 (16:25):
Yeah, okay, and that just helps you sort of. So anyway,
there's too mature previous and current store owners, business owners,
shop owners. What would you I don't know any advice
for me as a twenty four year old who has
just started up as kind of business and that kind
of thing.
Speaker 2 (16:40):
Just worry about your business that's in front of you.
Don't get a hit of yourself, try and focus in
on what you're doing, and then don't look to expand
that was what I'd say. Don't look, don't get, don't
get beyond yourself, don't get don't get ideas above your station.
Speaker 4 (16:54):
Another thing I'd probably point out, which is possibly quite topical,
as well as there's no shame with the Shortland Street model,
which is you know, at times five nights a week
may be perfectly good, but then at points you're going
to have to cut back.
Speaker 2 (17:10):
Yes, the Christmas periody flexible, flexible working hours.
Speaker 3 (17:15):
Over the Christmas period Street seems to stop for kind
of six, seven, eight weeks.
Speaker 4 (17:19):
But now they've gone from five nights a week to
three nights a week because that's all they can do
to get that quality in there.
Speaker 3 (17:24):
So what you're saying is quality when it comes to
business is just as important as quantity.
Speaker 4 (17:31):
It can for some people.
Speaker 2 (17:33):
That's very.
Speaker 3 (17:35):
Yeah, that's interesting. Well that's great advice, thanks guys.
Speaker 4 (17:38):
Well, for some people, some Shortened Street fans would bang
it out seven nights a week. They would even a
couple of times, but it's not.
Speaker 2 (17:45):
A strong quality of product. If your products been compromised
the by the quantity, then you've got to have a
good hard look at yourself and got to ask is
the sustainable?
Speaker 3 (17:56):
Get that print a T shirt?
Speaker 4 (17:57):
And sometimes when it's not sustainable, you have to ask
for help. Shorten Street did with the government. They had
to ask for help.
Speaker 2 (18:03):
Don't be afraid to get a government bail out here
and there. I mean, there's working for families that you
can look at. This might be an option for you.
But also I would say this also, stay on top
of the Edmond. Yeah, don't don't pay your taxes or
do what you need to do, pay your GST because
that can come back and bite you on the arsen.
Speaker 4 (18:23):
Yep, nothing and nothing under the table.
Speaker 2 (18:27):
No, oh god, No, I know a.
Speaker 4 (18:31):
Guy who's now now deceased, was a courier. Didn't pay us,
sender text, they caught up with them, just ruined his
whole family.
Speaker 3 (18:38):
Oh yeah, that's not what you want posts, so post
you don't want.
Speaker 4 (18:42):
To keep it all above board.
Speaker 3 (18:44):
No, I'm quite interested in the idea of handing my
business onto my children. No, I think I mean it'd
be great. Imagine handing your business over to your oldest son.
I think that would be a great point of pride.
It's a burden when he turns eighteen. Here you go, son,
terrible burden.
Speaker 4 (18:57):
I've seen some videos where like a step dif for instance,
might hand a business over to step son or vice
versa step daughter to a step father. I've seen those
kind of videos.
Speaker 3 (19:07):
That's as complicated isn't it. But also what I challenge
you about those businesses is what you say here those
businesses there, I'm not sure if we are really getting
the full truth at times, you know, when I hear
about step mountains and ze getting involved businesses, I don't
know if they're.
Speaker 2 (19:27):
Actually legitimate businesses.
Speaker 4 (19:29):
They might not be legitimate business that's fair.
Speaker 2 (19:31):
Yeah, I feel like they might be a shell company.
Speaker 3 (19:33):
It feels a little bit like that. Anyway, that's great
to talk business chat today.
Speaker 2 (19:38):
I think we covered some groundbre yep. So you good work.
Speaker 3 (19:42):
By the way, congratulations on successful twenty thirty years of
running a shop.
Speaker 2 (19:46):
Thanks very much.
Speaker 3 (19:46):
I thank you for imparting that wisdom over to Meank you,
I would recommend though you might want to start tending
to that boosh. It's kind of starting to blow up.
Speaker 2 (19:53):
Yeah, no, I need to do a bit more plottering.
That's what I need to do.
Speaker 3 (19:56):
Okay, Well, keep us updated on that. Thanks.
Speaker 2 (19:58):
I paid my taxes of money away and I saved
a little bit of money. I kept money in the business.
I didn't take it all out of the business. I
left a little bit of money in the business, a
little bit of working capital.
Speaker 4 (20:09):
I do have one more important question, actually, Jerry, have
you thought about selling on your business to someone else?
Speaker 2 (20:14):
I have, actually, but customers don't like that.
Speaker 4 (20:19):
I actually discussed.
Speaker 2 (20:20):
Once with one of my my only other employee, my
partner in the business. I discussed at some say selling
the business and then hopefully someone else buying the business
for a price, and then and then her continuing to
work inside of that business, and then buying the business
back later on, after a whole lot of capital will
(20:43):
be invested back into it. What a move that would be.
That's incredible, like a merger, like an acquisition. You're selling
and then you acquire it back again.
Speaker 4 (20:54):
I can't.
Speaker 2 (20:54):
I can't want a whole lot more capital.
Speaker 4 (20:57):
I had to sell my business at a bargain basement price.
Speaker 2 (21:00):
I did you, And but then you got involved in
a different you moved industries.
Speaker 4 (21:05):
Yeah, I was a shareholder and in another business for
a little while. That didn't work out, which was fine,
no problems there. But my original partner in the business
went and opened a business with someone else, and then
when that business failed, and then we brought the business
back together the original one. It was a lot better.
Speaker 3 (21:26):
Did you feel any of the effects from the other
business coming back because you didn't bring any of that
business back with it, did she?
Speaker 2 (21:32):
Oh?
Speaker 4 (21:32):
No, there were a few conversations that needed to be
had that maybe haven't been hands. But you know, you
know what, the overall thing is that the business is better.
Business has started booming, yep, and and so you've just
you've got to be thankful for that downtime.
Speaker 2 (21:50):
Yeah, well, you're that's dynamic and you're being flexible. I
think being flexible inside of a business is crucial. Looking
at the market, where can we go, what can we do?
Let's look at the currently can factors. What is what
we're doing the right thing at the moment, and then
if it's not, then you can shift.
Speaker 3 (22:04):
Tomorrow on the show, I think I'm going to have
to talk to you guys a little bit about my
target demo. I think I've got the demo demographic wrong
for my business. Possibly, Yeah, so maybe I could get
some advice. You know when you you know, when you
open up your business and you're and you say that
you're open to all comers, but you're not really you know,
you want like that, you want a certain niche of customer,
(22:25):
all that kind of thing. So maybe tomorrow on the show,
we could go into a little bit of demographic chat
and how do you kind of work around certain demos
and how do we get certain demographics coming through the
door a little bit more Alright, I'm looking for a
more mature demographic and my storefront. Ye.
Speaker 2 (22:39):
Can we get Liam dan On on on the podcast
to talk about it.
Speaker 3 (22:44):
I can try.
Speaker 2 (22:45):
It'd be fascinating to talking about it from the hero
of Business, dear to getitor.
Speaker 4 (22:49):
Plus there's there there was no shame. A couple of
years ago a lot of people went out of business
during the COVID lockdowns and that's what happened to me.
Speaker 3 (22:56):
I had a business that fell through during lockdown. Yeah, yeah,
I mean the best of us shame No.
Speaker 2 (23:02):
Okay, Well, tomorrow we've got Liam dan from New Zealand
Hero to talk more about business. I think we're in
a rich vein here, really yeah?
Speaker 3 (23:09):
Are you sure?
Speaker 2 (23:10):
Yep?
Speaker 3 (23:10):
Okay? Well are we done?
Speaker 2 (23:11):
Yep, We're done?
Speaker 3 (23:12):
Okay.
Speaker 1 (23:14):
Jerum Hello, I'm Matt Heath. You have been listening to
the Matt and Jerry Daily Bespoke podcast. Right now you
can listen to our Radio Highlights podcast, which you will
absolutely get barred up about anyway. Sit to download, like, subscribe, writer, review,
all those great things. It really helps myself and Jerry
(23:35):
and to a lesser extent, Mass and Ruder. If you
want to discuss anything raised in this pod, check out
the Conclave, a Matt and Jerry Facebook discussion group. And
while I'm plugging stuff, my book Are Lifeless Punishing Thirteen
Ways to Love the Life You've Got is out. Now
get it wherever you get your books, or just google
the bastard. Anyway you seem busy, I'll let you go.
Speaker 4 (23:54):
Bless blessed, blessed.
Speaker 1 (23:55):
Give them a taste of key we from me
Speaker 3 (24:00):
Well
Hello, it's Matt Heath here with a massive self source.
My number one best selling book, A Lifeless Punishing Thirteen
Ways to Love the Life You've Got, is out now.
It's the result of a deep dive I took into
how to deal with the emotions that make our lives
more punishing than they need to be. Karan Reid wrote,
Matt has a hilarious way of articulating an important message,
highly valuable advice for Anyone. Newsroom described it as good,
very good, indeed, and under Juris Dreamy well see had
(00:21):
met as a deep thinking, highly intelligent human being. The
number one best selling are Lifeless Punishing Thirteen Ways to
Love the Life You've Got is available in all good
bookstores now.
Speaker 2 (00:45):
It scared Bison.
Speaker 3 (00:58):
Yeah, good morning.
Speaker 2 (01:01):
Welcome along to the Man and Jerry Podcast Thursday, the
eleventh of July, or if you're behind the international dateline
Wednesday the tenth of July twenty twenty four. That's for
all our listeners in anywhere or east of the I'm
(01:21):
just thinking about where that dayline runs up through Tonga.
Speaker 3 (01:24):
It's actually very good. Therefore, we don't do that enough
on this or Alaska. We should probably be doing that
mortion'tly you know, it's quarter past state in the morning.
If you're listening internationally, it's quart you know, like every
time we come out of a song. Maybe we should
do that for you, Jerry, if you could just run
us through an international clock. Wow.
Speaker 2 (01:40):
We had for a while the Swatch time, which is
like it's called beat time, so it's all about beats.
So I'll have a lock up here because I mean
there's a Swatch beat time. So currently it's so a
beat is equivalent to one and twenty six point four seconds, okay,
(02:03):
and it means that you don't have to worry about
time zones.
Speaker 3 (02:06):
Oh, I mean, this is fascinating stuff. So the idea
is that everyone runs on this beat system yep. And
so remind me how long a beat is?
Speaker 2 (02:15):
One? What was it? One minute? Twenty six point four seconds?
Speaker 4 (02:18):
Wow.
Speaker 3 (02:18):
And that's where the same don't miss a beat comes from. No, yeah,
it is, I don't think so that is it's not music.
Don't miss a beat. That's about music. It's like, no,
how many beats to a bar? No, it's not promise,
it's about this, how many beats to a bar?
Speaker 2 (02:33):
No?
Speaker 4 (02:34):
Four? Well, generally four beats to about the most general.
Speaker 3 (02:37):
The waltz is going to be fucking pers through. The
walts are going to be heavy. But what about the
fox trot?
Speaker 2 (02:42):
What about different?
Speaker 4 (02:42):
So there's different time signatures. You're talking musical theory here,
Sound Garden, like, just do things in five eight quite
a bit?
Speaker 2 (02:49):
Five eight?
Speaker 4 (02:50):
Yeah? Sometimes five?
Speaker 2 (02:52):
How does can you do five eight? For me?
Speaker 3 (02:53):
How does five a go? Yeah? Go on? Brow is
a dog shitnature?
Speaker 2 (03:00):
Well, basically, I'm so you go five eight means that
you go every what sort of one on a third beat?
Speaker 4 (03:07):
Eight rhythm?
Speaker 3 (03:09):
Five is the amount of beats in the bar? Right,
and then you've got what kind of beats those are?
And since they forgive me if I'm wrong, it's been
a long time since music theory. But since you've got eight,
that means you're working in semiquavers? What's the half?
Speaker 4 (03:23):
Oh gee, what's the crotchets?
Speaker 3 (03:25):
What's the wind?
Speaker 2 (03:25):
It was what quavers? Semiquavers?
Speaker 3 (03:27):
What's the quarterbat wounder? Because you've got five of those
essentially in a bar? Is when I'm trying to crotch
it isn't it? Oh fuck, someone is going to know
what we're talking about. It's going to be some music
heads listening. Sorry, I thought I actually knew more about
that than what I did.
Speaker 4 (03:37):
I did too, And then I'm looking at it and
I rarely know nothing. Even when I google it, I
still know nothing about it.
Speaker 3 (03:43):
Yeah, what does it say? What does Google say about?
Five eighths?
Speaker 4 (03:45):
Was this picture of Sting? So I'm going to blame him?
Speaker 2 (03:49):
What was easy to blame Sting in these situations? I'm
just trying to find slamming tantric sexting. Hey, he was
big on the Tan Trick, wasn't he? Sting?
Speaker 3 (03:57):
He was too, wasn't he.
Speaker 2 (03:58):
He's big on the psychedelics and he's big on the
Tent Trick? Six?
Speaker 3 (04:01):
Yeah he had, he's got He was reading a whole
bunch of books for a while they were about the
Tent Trick? Six. Did we ever find out if he
was any.
Speaker 1 (04:07):
Good at it?
Speaker 3 (04:08):
You know? Were there reports that coming out? Does he
have a long term partner?
Speaker 2 (04:11):
Stone?
Speaker 1 (04:12):
Yeah?
Speaker 4 (04:13):
Say so, because it's.
Speaker 3 (04:14):
A strange thing, isn't it to come home to a
partner that you've had for a wee while and you've decided,
hey baby, you know what coming too now?
Speaker 2 (04:21):
Six? Yeah, that's that's a tricky thing about a long
term relationship. Isn't it sudden you start turning up with
a new maneuver and your partner's like, where did you
learn that new maneuver? I'm debuting it for the first
time here.
Speaker 3 (04:33):
That's a good point.
Speaker 2 (04:34):
Really, you're just daybuing that. You seem to be very
proficient at it. Yeah, no, no, I'm debuting it's new.
Have you heard that before?
Speaker 4 (04:41):
No, sy Sting's wife, it's called Trudy, Trudy Styler, and
she's before. She's before talked about Sting and her having
five hour tan trick six sessions, but apparently there's also
stories about them having seven hour tent trick six sessions.
Speaker 3 (04:57):
That's quite hard, and the fuck seven hours?
Speaker 4 (05:01):
No one got time for the ship?
Speaker 3 (05:02):
What makes six tentric?
Speaker 2 (05:05):
Good question? I think it's I don't think you ejaculate, sure.
I think that's the idea is to take someone as
close as you possibly can to the brink of orgasm,
and then you and then you pull back, and then
you you and then you work it back up again,
so you're constantly no, yeah, you should beat that. There's
(05:26):
no talking about.
Speaker 3 (05:27):
Don't worry there, We'll be doing that. I will be
one in all seriousns.
Speaker 2 (05:30):
I mean maybe you do at the end of it,
but there's got nothing to do with tric.
Speaker 3 (05:34):
It concerns me when things like that happen because.
Speaker 2 (05:37):
You say things like that.
Speaker 3 (05:38):
Yeah, because you go when you like, I didn't want
to say that, right, No, you know, and then you
say things like that and you go, oh, that's a disaster.
Anyway back to tentrics.
Speaker 2 (05:46):
No, you you know what, You've just actually brought up
a code. An interesting point because do humans say, I mean,
you say things sometimes right and people say, well, you
shouldn't have said that. Well, it just came out.
Speaker 3 (05:56):
Like that before. I mean, it's beat so you don't
know what it was. But you know, the question is
do we have free will? Do we have choice over
our thoughts? I say no, I say, we don't actually
have free will? Why no?
Speaker 2 (06:10):
Because if you've ever meditated before, you've realized that when
you try and think of nothing, So when you try
and clear your mind and just think of nothing, a
thought will come into your head and it's got You've
not controlled it totally. You watch it come in and
you're like, where did that come from? And you realize,
where does a thought come from?
Speaker 3 (06:26):
While the thing is, I suppose the argument to that,
and I agree with you. By the way, I agree
with you in it mainly because it would save me
from a lot of horrific thoughts that I have. But
I the other side of that is that aren't your
thoughts kind of coming from a place of experience, emotion
and all the things that you've felt before. Maybe so
they came from a place of you. So technically did
(06:47):
they come from you?
Speaker 2 (06:48):
Well, they definitely come from you, do they? But are
they generated by your will?
Speaker 4 (06:54):
You?
Speaker 3 (06:54):
Are you?
Speaker 2 (06:55):
Are you not? Are they just happening to you because
your thoughts just happened to you? You? Yeah, they do.
I mean are they affected by your surroundings? Yes, clearly.
Are they affected by the things that you've already taken
into your brain at some stage stimulus that already exists
inside of there? Yes, it's been filed away. But do
you control when it arrives? No, in my experience, you don't.
(07:17):
You can't. You can control what you do with it
once you once you experience the thought.
Speaker 3 (07:21):
Let me put this into a metaphor, what you're saying here,
you will past the lady. Yeah, you don't have the control.
You don't have the ability to either block out the
thought if you find how attractive? Do you that that's
a thought that comes into the mind, whether you like
it or not, Yeah, you know straight away. But after
that it's up to you what you do with it. Yeah,
you're doing it well obviously.
Speaker 2 (07:42):
I mean we didn't need to explain that part of it,
but yes, I feel like.
Speaker 3 (07:44):
I did, because that's the part that you're talking about.
There is once the thought itself, not you, no, But
what you do after the thought is you.
Speaker 2 (07:52):
Absolutely. I find it interesting because do you have some
people that say, oh, you know, I fell in love
with such and such. I couldn't help it. I just
and we fell in love and we had to. I'm sorry,
but I had to. I had to go through with it.
We fell in love. It wasn't our fault.
Speaker 3 (08:08):
Love found us is And are you saying that that's
not possible, That it's very possible.
Speaker 2 (08:12):
I think I'm saying it's possible. But I think to
say that that you fell in love with someone it
wasn't anything to do with you. Fact, I think there's
a you have the thought, but then take it take
it further as a as an action that you are
that you do have control over.
Speaker 3 (08:25):
Do you believe in love and first sight?
Speaker 2 (08:27):
Then yeah, absolutely, But.
Speaker 3 (08:29):
That's kind of back to what you were saying originally,
where so maybe you can fall in love without wanting.
Speaker 2 (08:35):
To, Well, you have to be open to the fact
that following through with it.
Speaker 3 (08:40):
Yeah, follow through is very important, whether or not your
trent bolt or whether or not you're making love.
Speaker 2 (08:45):
Yeah, I mean you shut up shop like me.
Speaker 3 (08:47):
I mean you shut up shop. Yeah, it is recent
for you.
Speaker 2 (08:49):
And when you shut up shop, you choose to shoot
shut up shop. You choose to shoot up shop. And look,
the thoughts will come in there, there's no doubt. But
I said, look the shops shut, that's closed.
Speaker 3 (09:00):
Is that what happens?
Speaker 2 (09:01):
We're doing online training only. We will send some packages
away online, but in terms of actually the store front
and turning up to the store, if there are customers
that turn up, I will I'll deal with those customers.
But we're not selling anything over the counter anymore.
Speaker 4 (09:18):
And that business that you're running we've shut up shop.
Is there a lot of online business going down?
Speaker 2 (09:25):
Interestingly, when the shop, when we shut up the shop,
the online business sort of dropped away.
Speaker 3 (09:31):
Really. Yeah, But when you shut up shop. The jerry
did the opportunities? Did the customers still want the product?
Speaker 2 (09:38):
At first, I think the customers kept coming through the door.
But more recently, as they've learned, more and more people
have been learning that the shop has shut and now
it habits, you know, consumer habits or word.
Speaker 3 (09:48):
Spreads, doesn't it. Yeah, you find out your favorite shops
closed down, then you're not going to from a friend.
You're not going to go back to their shop. You're
just going to take their word for it, don't you.
Speaker 2 (09:56):
Yeah. And the council hasn't helped as well because they've
created bus lanes outside my shops and you can't park
over grown, you can't park there. Oh yeah, it is
actually the mat.
Speaker 4 (10:06):
The other thing is there's a lot of small businesses
that are that are failing at the moment. So there's
no shame for yours has to shut up shop.
Speaker 2 (10:14):
No, No, I'm not. I'm not upset about that. Look,
it was a business that ran, It did good some
good trade in this day. Yeah, it did put some
put some food on the table, put some food on
the table and did some good trade.
Speaker 3 (10:27):
It feels a bit defensive, like no one was questioning
the success of your business.
Speaker 2 (10:31):
But it's good trade.
Speaker 3 (10:32):
It was a successful business, but run its course. I mean,
can we have a look at the books at some point,
like I'll open the books, have been open the whole time,
it's matter of public record, or can you put the
can are those can we make those books available to
the public.
Speaker 2 (10:45):
The books are available, they always have been your shot,
Like nobody's interested in those books anymore. I think people
business has finished.
Speaker 4 (10:52):
Were there ever any other partners in the business that
you've had to shut up shop with? No never needed
anyone else in the partnership, No interesting, no need.
Speaker 3 (11:03):
This is amazing. I didn't realize that this is so
much that goes on for you in shutting up shop.
Speaker 2 (11:09):
Not really, it's it's just, yeah, it was actually very
little involved in shutting up shop. You just closed the
doors and put a sign up and don't don't turn
up to your shop very often. It's actually it is
he stopped trumming in bush, stop attending to the garden outside.
It's great. And actually the lease runs out eventually, and
and then and it's a relief, right, I'm not just
(11:33):
to it. It's a good day.
Speaker 3 (11:34):
I just don't really think you and I thinking about
the same thing.
Speaker 2 (11:37):
Hopefully we are.
Speaker 4 (11:38):
I think I am. Yeah, I think ruder is I'm
open for business.
Speaker 2 (11:43):
Now. I know your age. You think because you're a
small business owner, it's just starting up very small business,
and you're thinking, I can't imagine ever wanting to shut
up shops. I think I want to run this business
for the rest of my life.
Speaker 3 (11:52):
That's how I feel like I've gone to I've applied
for a few for a few loans.
Speaker 2 (11:58):
Suck all the capital out of that business, and and
just keep going forever. And maybe you'll even think about
passing it down to your children.
Speaker 3 (12:04):
Excuse me?
Speaker 4 (12:07):
Have you thought about listening at it on the nzy
Ford your business mash?
Speaker 3 (12:11):
I'm just not one hundred percent sure.
Speaker 2 (12:13):
If I don't think businesses get big enough to list
in terms of mesh.
Speaker 3 (12:16):
Are you passing your business onto your children?
Speaker 2 (12:18):
No, I'm not. No, I'm absolutely not. My children are
going to stand on their own two feet.
Speaker 3 (12:22):
Right, Okay? Would you recommend that other people do?
Speaker 2 (12:25):
It's just up to I don't think you want to
be any part of them. I've seen family businesses, and
I've seen what happens when you pass them on and
it's let's just say it's not good. I think it's
a big burden to pass down to your children.
Speaker 3 (12:38):
Okay, you and I are definitely talking about something else now,
I don't think we are. Should we take a break
and just come back and wrap.
Speaker 2 (12:44):
The shit up? Problems with your business is that you
thought you needed a warehouse off premises. Yeah, and you
made a mistake there because you didn't need that warehouse.
You should have just kept your business small. It's small,
(13:05):
Keep it small, keep it local. Just worry about the
community around you. Just service that community around you, and
don't start you're not. Got some distribution warehouse operating in Penrose.
That's that's distributing things online and all sorts of stuff.
You gotta you've got to avoid that. It'll be it'll
complicate things.
Speaker 3 (13:23):
You seem to know a lot about my business I
do about my small business that's just just just started
up the past few years.
Speaker 2 (13:29):
Yeah I do.
Speaker 3 (13:30):
Okay, Yeah, Well I visited the shop myself, like early Doors,
I thought that I needed another distribution center that's in
the Skytower.
Speaker 2 (13:37):
And you don't need it.
Speaker 3 (13:39):
You don't need to do you don't need that. You
learn these things though, as you go on it, don't
You don't need it? Do you read?
Speaker 2 (13:43):
Rut has opened up. He's had a warehouse that's operated before,
he said, sort of other employees, and also.
Speaker 4 (13:50):
Had a couple of warehouses going yeah, ahaduses all sorts
of stuff.
Speaker 3 (13:56):
And then what are you saying like now that you've
just kind of pulled things back and now you're just
your own business owner.
Speaker 4 (14:02):
The thing about having multiple warehouses open is that it
can get a little bit messy. Oh yeah, and there's
always people come around and get paid. Well, that's it
what they're coming around. They're like, you've got too many
businesses open, buddy.
Speaker 2 (14:18):
And you were operating You weren't even operating contractors. You
were operating full ft s yeh time employees. You're there
withholding texts for those counts, all sorts of stuff. Did
I say something I shouldn't have?
Speaker 3 (14:38):
Did you ever at any point run warehouses?
Speaker 1 (14:40):
No?
Speaker 3 (14:41):
You had one in fucking Scotland for a while. No.
Speaker 2 (14:44):
No, that was completely separate business. Okay, separate business.
Speaker 3 (14:48):
You're guarded when you had to.
Speaker 2 (14:49):
That was a one international business. That was a separate business,
not under the same license. That's a completely different business.
Speaker 3 (14:58):
Where else you have you got international any other times,
your wisiness. No, actually, no, neither of I really, I mean,
I'm only one shop now. And then obviously the Penro's
warehouse that I opened up for a couple of weeks
that like that went under pretty quickly.
Speaker 2 (15:11):
But yeah, careful, it's just the other that you open
up one ware house and then it's it's a lot
of it's a fixed cost that you're just gonna have
to keep paying each month. And sometimes you think this
is going to my business is going to expand I'm
going to need extra space. You don't.
Speaker 3 (15:27):
Okay, Well, then there's two mature business owners. Well, Jerry,
you know you've shut up your shop, and yeah, I'm retired.
You've retired, so I appreciate.
Speaker 4 (15:35):
That we're retired. You don't even you don't even a
little bit every now.
Speaker 2 (15:40):
No, I do open, I do, actually, dabble heart. You
got to keep yourself busy.
Speaker 3 (15:44):
Okay, Well, this is the thing because my grand keep,
my granddad used to have this tool shop and he
had to shut that shop up just after actually just
before my grandmother passed. But he he needs to keep busy.
Speaker 2 (15:58):
Yeah, you've got a potter. You've got to potter around Potter.
Speaker 3 (16:02):
He struggles with that. So I've interest to see how
you go over the next kind of couple of years
pottering around because people are used to but once you're
used to having a shop being open for so many years,
it must be quite intense as you shut up shop.
Speaker 2 (16:13):
Yeah, well, your grandad never had the online part. That's
still there if you needed it.
Speaker 3 (16:18):
No, people came into the tool shop, people came out
of the toolshop.
Speaker 2 (16:20):
Yeah, it should have been running a little bit of
an online situation in the background.
Speaker 3 (16:25):
Yeah, okay, and that just helps you sort of. So anyway,
there's too mature previous and current store owners, business owners,
shop owners. What would you I don't know any advice
for me as a twenty four year old who has
just started up as kind of business and that kind
of thing.
Speaker 2 (16:40):
Just worry about your business that's in front of you.
Don't get a hit of yourself, try and focus in
on what you're doing, and then don't look to expand
that was what I'd say. Don't look, don't get, don't
get beyond yourself, don't get don't get ideas above your station.
Speaker 4 (16:54):
Another thing I'd probably point out, which is possibly quite topical,
as well as there's no shame with the Shortland Street model,
which is you know, at times five nights a week
may be perfectly good, but then at points you're going
to have to cut back.
Speaker 2 (17:10):
Yes, the Christmas periody flexible, flexible working hours.
Speaker 3 (17:15):
Over the Christmas period Street seems to stop for kind
of six, seven, eight weeks.
Speaker 4 (17:19):
But now they've gone from five nights a week to
three nights a week because that's all they can do
to get that quality in there.
Speaker 3 (17:24):
So what you're saying is quality when it comes to
business is just as important as quantity.
Speaker 4 (17:31):
It can for some people.
Speaker 2 (17:33):
That's very.
Speaker 3 (17:35):
Yeah, that's interesting. Well that's great advice, thanks guys.
Speaker 4 (17:38):
Well, for some people, some Shortened Street fans would bang
it out seven nights a week. They would even a
couple of times, but it's not.
Speaker 2 (17:45):
A strong quality of product. If your products been compromised
the by the quantity, then you've got to have a
good hard look at yourself and got to ask is
the sustainable?
Speaker 3 (17:56):
Get that print a T shirt?
Speaker 4 (17:57):
And sometimes when it's not sustainable, you have to ask
for help. Shorten Street did with the government. They had
to ask for help.
Speaker 2 (18:03):
Don't be afraid to get a government bail out here
and there. I mean, there's working for families that you
can look at. This might be an option for you.
But also I would say this also, stay on top
of the Edmond. Yeah, don't don't pay your taxes or
do what you need to do, pay your GST because
that can come back and bite you on the arsen.
Speaker 4 (18:23):
Yep, nothing and nothing under the table.
Speaker 2 (18:27):
No, oh god, No, I know a.
Speaker 4 (18:31):
Guy who's now now deceased, was a courier. Didn't pay us,
sender text, they caught up with them, just ruined his
whole family.
Speaker 3 (18:38):
Oh yeah, that's not what you want posts, so post
you don't want.
Speaker 4 (18:42):
To keep it all above board.
Speaker 3 (18:44):
No, I'm quite interested in the idea of handing my
business onto my children. No, I think I mean it'd
be great. Imagine handing your business over to your oldest son.
I think that would be a great point of pride.
It's a burden when he turns eighteen. Here you go, son,
terrible burden.
Speaker 4 (18:57):
I've seen some videos where like a step dif for instance,
might hand a business over to step son or vice
versa step daughter to a step father. I've seen those
kind of videos.
Speaker 3 (19:07):
That's as complicated isn't it. But also what I challenge
you about those businesses is what you say here those
businesses there, I'm not sure if we are really getting
the full truth at times, you know, when I hear
about step mountains and ze getting involved businesses, I don't
know if they're.
Speaker 2 (19:27):
Actually legitimate businesses.
Speaker 4 (19:29):
They might not be legitimate business that's fair.
Speaker 2 (19:31):
Yeah, I feel like they might be a shell company.
Speaker 3 (19:33):
It feels a little bit like that. Anyway, that's great
to talk business chat today.
Speaker 2 (19:38):
I think we covered some groundbre yep. So you good work.
Speaker 3 (19:42):
By the way, congratulations on successful twenty thirty years of
running a shop.
Speaker 2 (19:46):
Thanks very much.
Speaker 3 (19:46):
I thank you for imparting that wisdom over to Meank you,
I would recommend though you might want to start tending
to that boosh. It's kind of starting to blow up.
Speaker 2 (19:53):
Yeah, no, I need to do a bit more plottering.
That's what I need to do.
Speaker 3 (19:56):
Okay, Well, keep us updated on that. Thanks.
Speaker 2 (19:58):
I paid my taxes of money away and I saved
a little bit of money. I kept money in the business.
I didn't take it all out of the business. I
left a little bit of money in the business, a
little bit of working capital.
Speaker 4 (20:09):
I do have one more important question, actually, Jerry, have
you thought about selling on your business to someone else?
Speaker 2 (20:14):
I have, actually, but customers don't like that.
Speaker 4 (20:19):
I actually discussed.
Speaker 2 (20:20):
Once with one of my my only other employee, my
partner in the business. I discussed at some say selling
the business and then hopefully someone else buying the business
for a price, and then and then her continuing to
work inside of that business, and then buying the business
back later on, after a whole lot of capital will
(20:43):
be invested back into it. What a move that would be.
That's incredible, like a merger, like an acquisition. You're selling
and then you acquire it back again.
Speaker 4 (20:54):
I can't.
Speaker 2 (20:54):
I can't want a whole lot more capital.
Speaker 4 (20:57):
I had to sell my business at a bargain basement price.
Speaker 2 (21:00):
I did you, And but then you got involved in
a different you moved industries.
Speaker 4 (21:05):
Yeah, I was a shareholder and in another business for
a little while. That didn't work out, which was fine,
no problems there. But my original partner in the business
went and opened a business with someone else, and then
when that business failed, and then we brought the business
back together the original one. It was a lot better.
Speaker 3 (21:26):
Did you feel any of the effects from the other
business coming back because you didn't bring any of that
business back with it, did she?
Speaker 2 (21:32):
Oh?
Speaker 4 (21:32):
No, there were a few conversations that needed to be
had that maybe haven't been hands. But you know, you
know what, the overall thing is that the business is better.
Business has started booming, yep, and and so you've just
you've got to be thankful for that downtime.
Speaker 2 (21:50):
Yeah, well, you're that's dynamic and you're being flexible. I
think being flexible inside of a business is crucial. Looking
at the market, where can we go, what can we do?
Let's look at the currently can factors. What is what
we're doing the right thing at the moment, and then
if it's not, then you can shift.
Speaker 3 (22:04):
Tomorrow on the show, I think I'm going to have
to talk to you guys a little bit about my
target demo. I think I've got the demo demographic wrong
for my business. Possibly, Yeah, so maybe I could get
some advice. You know when you you know, when you
open up your business and you're and you say that
you're open to all comers, but you're not really you know,
you want like that, you want a certain niche of customer,
(22:25):
all that kind of thing. So maybe tomorrow on the show,
we could go into a little bit of demographic chat
and how do you kind of work around certain demos
and how do we get certain demographics coming through the
door a little bit more Alright, I'm looking for a
more mature demographic and my storefront. Ye.
Speaker 2 (22:39):
Can we get Liam dan On on on the podcast
to talk about it.
Speaker 3 (22:44):
I can try.
Speaker 2 (22:45):
It'd be fascinating to talking about it from the hero
of Business, dear to getitor.
Speaker 4 (22:49):
Plus there's there there was no shame. A couple of
years ago a lot of people went out of business
during the COVID lockdowns and that's what happened to me.
Speaker 3 (22:56):
I had a business that fell through during lockdown. Yeah, yeah,
I mean the best of us shame No.
Speaker 2 (23:02):
Okay, Well, tomorrow we've got Liam dan from New Zealand
Hero to talk more about business. I think we're in
a rich vein here, really yeah?
Speaker 3 (23:09):
Are you sure?
Speaker 2 (23:10):
Yep?
Speaker 3 (23:10):
Okay? Well are we done?
Speaker 2 (23:11):
Yep, We're done?
Speaker 3 (23:12):
Okay.
Speaker 1 (23:14):
Jerum Hello, I'm Matt Heath. You have been listening to
the Matt and Jerry Daily Bespoke podcast. Right now you
can listen to our Radio Highlights podcast, which you will
absolutely get barred up about anyway. Sit to download, like, subscribe, writer, review,
all those great things. It really helps myself and Jerry
(23:35):
and to a lesser extent, Mass and Ruder. If you
want to discuss anything raised in this pod, check out
the Conclave, a Matt and Jerry Facebook discussion group. And
while I'm plugging stuff, my book Are Lifeless Punishing Thirteen
Ways to Love the Life You've Got is out. Now
get it wherever you get your books, or just google
the bastard. Anyway you seem busy, I'll let you go.
Speaker 4 (23:54):
Bless blessed, blessed.
Speaker 1 (23:55):
Give them a taste of key we from me
Speaker 3 (24:00):
Well
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