#10 Ryan Lockwood: Turning A Personal Challenge Into A Profitable Small Business Main Street Makers podcast

#10 Ryan Lockwood: Turning a personal challenge into a profitable small business

2M ago 34:04

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In this episode, the owner of BCK Ranch, Ryan Lockwood, shares how a family health crisis sparked the launch of their thriving family-owned-and-operated microgreens business. Ryan opens up about bootstrapping startup costs, building business credit with Nav, and expanding — despite big bank rejections. He shares real insights into juggling personal savings and reinvesting profits to fuel aggressive growth. Get tips on stepping out of your comfort zone, growing customer relationships, and sharpening your competitive edge to compete with bigger players.

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Nav Technologies, Inc. is a financial technology company and is not an FDIC-insured bank. Banking services provided by Thread Bank, Member FDIC. FDIC deposit insurance covers the failure of an insured bank. The Nav Prime Charge Card is issued by Thread Bank, Member FDIC, pursuant to a license from Visa U.S.A. Inc. and may be used anywhere Visa cards are accepted. Certain conditions must be satisfied for pass-through deposit insurance coverage to apply. See Cardholder Terms for additional details. All other features of the Nav Prime membership are not associated with Thread Bank.

With regard to credit building features: scores are calculated from many variables; some users may not see improved scores. The Nav Prime Card is a business financing product and may not be used for personal, family or household transactions.

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Nav Technologies, Inc. (“Nav”) makes no assurances or representations regarding the accuracy or sufficiency of the information included in this podcast. This podcast is for educational purposes only, and is not legal or financial advice. If you have questions, consult a trusted professional to help you make specific decisions about your business. The views, opinions, and statements expressed by the host and guests on this podcast are their own and do not necessarily reflect the views or opinions of Nav.

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Chapters

1. The Inspiring Story Behind BCK Ranch (00:00:00)

2. Navigating Startup Challenges and Finances (00:04:10)

3. Finding Initial Customers and Building Relationships (00:07:26)

4. Reinvesting Profits and Financial Strategies (00:11:08)

5. When to Go Full-Time: Planning the Leap and Budgeting for the Hidden Costs (00:16:55)

6. Building Business Credit and Overcoming Rejections (00:22:53)

7. Working with Credit Unions & Local Financial Institutions (00:27:14)

8. Growing Beyond Local: Expanding a Small Business Nationwide (00:28:35)

15 episodes

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