Montana Public Radio

Can Do: Essential Business Lessons

  • Hosted by Arnie Sherman

Can Do, MTPR's podcast on business and entrepreneurship hosted by Arnie Sherman is in its fourth season, and we’re expanding. This season will feature the same informative interviews and the lessons Montana business owners and entrepreneurs have to share. But times are changing. There’s a major election in November and the COVID-19 pandemic continues to change how business is done.

The main focus this season is on the here & now. How does a business survive in today’s volatile economy? How can you transition your business or start a new one? What can you do to make sure your finances are in order? We’ll be asking these questions to business experts in Montana and around the country.

Listen to Can Do at www.mtpr.org or wherever you get your podcasts. New episodes are published every other Monday.

Ways to Connect

The agriculture landscape has changed dramatically due to the COVID-19 Pandemic. Concerns about food security, health and safety measures, and product availability have continued to evolve. A dramatic shift to online purchasing has challenged the traditional standard of consumers personally selecting products.

Today on Can Do we will discuss these trends and their effects on two family-run Montana businesses.

Chris Walch is COO of LifeScore music
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While LifeScore COO Chris Walch is based in Bozeman, Montana, LifeScore is a fully remote company that produces its music at the iconic Abbey Roads Studio in London. LifeScore creates unique, real-time, and interactive music experiences with their adaptive AI music platforms. They start with world-class composers and musicians composing and performing sound that is organized as composable building blocks. Their proprietary technology then weaves these materials into music that suits a purpose, helping the listener have a completely unique experience.

The outdoor recreation economy is the second largest sector of Montana’s economy, generating $7.1B in annual consumer spending. 71,000 Montanans are employed in the sector, making its performance essential to the state’s full economic recovery. 

What has been the impact of COVID-19 on outdoor recreation and tourism? What response within the industry has been successful? What does 2021 look like for this essential part of the Montana economy? Learn more now on Can Do.

As the COVID-19 pandemic continues to ravage our country and vaccine relief is slow in coming, sound advice is as good as gold. Montana businesses experienced an exhausting 2020, and the new year promises to be just as unpredictable. Joining me today are two guests experiencing the economic impact from two very different perspectives.

The American restaurant industry is in freefall. As a result of the COVID-19 pandemic, over 110,000 restaurants have closed nationwide. That’s one out of every six, and there are likely more to come. Those restaurants that remain open are struggling with financial sustainability, as they face an industry-wide loss of $240 billion in sales for 2020. Listen now on Can Do as we will explore this subject with two industry pros in two very different positions.

According to the National Federation of Independent Businesses, more than 100,000 American businesses that have closed due to the COVID-19 pandemic will never reopen. What about the millions of family-run companies? Is their plight as sobering? The situation is less clear for this sector, which accounts for more than 57 percent of the US GNP. 

What are the biggest challenges facing family business? What pitfalls and opportunities are unique to them? And how do family businesses weather the storm of the pandemic? Learn more now on Can Do.

Tim Pollard is an author, speaker and Founder/CEO of Oratium.
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Most of what we know about communicating is wrong, says Tim Pollard, author, speaker and Founder/CEO of Oratium. In his books, “The Compelling Communicator” and “Mastering the Moment,” He outlines how the brain communicates information. More importantly, he details how to successfully design and execute communication in ways that people will understand.

In November 2020, for most workers in the U.S., "business as usual" feels like a fairy tale. Working remotely, many parents are scrambling to handle their kids' education alongside their own jobs - or they've left the workplace altogether. Millions of others cope with unemployment, while "essential" on-site workers struggle to protect themselves and their families from workplace spread of COVID-19.

When the wild ride of the pandemic coasts to a stop, what will "normal" look like? This time on Can Do, Arnie Sherman talks with Stacy Maloney and Beth Humberd about the future of work.

Even in the best of times figuring out the right formula for managing your personal or business finances is a challenge. Now with the dual whammy of  COVID-19 and an associated economic recession, it is even more complicated. What mistakes are crucial to avoid? When is the right time to really hunker down?  Where can you cut spending and where should you invest?

Learn more now on this episode of Can Do.

Maureen Lonergan, Director of Global Training and Certification for Amazon Web Services, or AWS.
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What are the skills major tech companies are looking for in their workforce? What do businesses get for their investment in employee training? What type of workforce are we imagining for our economy a decade from now?

Learn more now with Can Do.

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