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If you have low inventory turnover, that means that there are too many unsold items sitting on the shelves for too long. This can lead to lost revenue and wasted resources like time and space. In this episode, I explained why inventory turnover is so important! Tune in now for some great information about what it all means for your pawn business! J…
 
How does Lisa, a mom and pawnbroker, manage her team and family and at the same time serve the industry and her community? Every pawnbroker should listen and learn from her! From issues she faced as a leader to epic pieces of advice to new pawnbrokers, you will get a ton of value in this episode. Join our discussion, and be sure to check us out in …
 
You've probably heard this a thousand times, but it's true.Digital marketing is the way of doing business today. If you're running a pawnshop, and not using digital platforms to spread your message then (let me quote David) “you are already behind!” Join our discussion, and be sure to check us out in the Pawn Connect Community.…
 
Brian Johnson of Canopy Management is here to talk about the benefits pawnbrokers receive when they sell their items online and discusses why it matters so much on today's business market. He explains also how it will benefit them in ways such as increasing inventory turnover. Join our discussion, and be sure to check us out in the Pawn Connect Com…
 
Do you micromanage your team? That's not how you get the best results from your people! You need to hire and train well, and then trust them to do their job. And what about marketing? Do you know how to effectively “market”? In this episode, you can learn from Jeremy Powell, owner of BJ Pawn, about why you should stop micromanaging your employees a…
 
Luis Hornedo, the owner of Latin American Pawn Shop talks about the challenges and benefits of focusing on customer service. He also shares his thoughts on facing challenges about how to best create an environment for employees that makes them want to give great customer service. In this episode, I explained why inventory turnover is so important! …
 
It's not a secret that success in business leads to more responsibility and more work. But, what many don't realize is that it also can lead to feeling overwhelmed at the same time - even when you've got all of the resources in place! Join our discussion, and be sure to check us out in the Pawn Connect Community.…
 
Incredible interview with my friend Vito Granters of Pawnbrokers Helping Pawnbrokers and Ryan Patel, an award-winning TV contributor and recipient of several awards, including the prestigious 2020's NAAAP Award, that you shouldn’t miss! In this episode, we had conversations about the “pawn economy” forecast, Gen Z and middle-class customers, breaki…
 
In this week's episode of the Pawn Leaders Podcast, we discuss a question: "Do you focus on the problem or solving the problem?" It seems like an easy question, but it can be difficult to answer when you're in the middle of dealing with adversity. Listen as we talk about how to approach problems and how that might change your life! Join our discuss…
 
You're not alone. We know how hard it can be to keep your promises to yourself… A promise you made to yourself, or someone else. Maybe it was just this morning when you said “I will get out of bed early today!” Or maybe it was years ago when you promised your spouse that you would take care of them for the rest of their lives. It doesn't matter how…
 
Most pawnbrokers either have a skeptical or a scarcity mindset. But that’s understandable! You know what they say, "if it sounds too good to be true then is usually not." There are some great opportunities out there but pawnbrokers with those kinds of mindsets never want something so perfect coming at them like a freight train because the chances o…
 
As a pawnbroker, you are always on the go. You never have time to take a break and just enjoy your life because there is always something that needs to be done at your business. And who wants to worry about their employees when they're trying to enjoy themselves? It's not an easy decision but it may become necessary if you don't know where else to …
 
How can you tell if you’re a pawnbroker as a hobbyist or a professional? So, what makes a profession different from a hobby? There are many factors that make the difference between these two. Let's take a look at them and see if we can figure out how to distinguish one from another in today’s episode. Join our discussion, and be sure to check us ou…
 
What's up, Pawn Family! How much does it cost you, your business, when you always say "No"? Today’s episode is about just that! If there’s an opportunity to grow your business, would you say NO to it? Sign up for the first-ever Pawn Profit Formula Workshop! This workshop has been designed with the goal of helping pawnbrokers who want more out of th…
 
What's up, Pawn Family! No matter how good the training session or webinar is, no matter how eye-opening the books you read, no matter how great your coach is, if you don’t do the work and not do it consistently, they are ALL useless. It’s not how much you know it's whether or not you're consistent that matters. Consistency is also the key to growi…
 
Evan Kail who used to work in a restaurant and now an internet sensation. He uses TikTok as his avenue to sell and showcase his comedic personality, making him one of the most popular people on TikTok today. ------- Register for the first-ever 5-Day Pawn Accelerator Challenge that’s happening next week from April 19 to 23 at https://www.pawnacceler…
 
It’s crucial for businesses to strategically invest in their team’s development. But why aren’t pawnbrokers doing this? Why is it not a priority and what are the implications of failing to invest in your staff? This topic may be the least famous in the pawn industry but maybe the missing step in growing the biz. How can pawn business owners invest …
 
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