Richer Retailer - Scaling Retail Stores Past 7 Figures
RETAILMavens
55 episodes
21 hours ago
Are you lying awake at night, wondering how your store will make it through another month? Do you remember the excitement you felt when you first opened your doors, only to now find yourself drowning in inventory decisions and cash flow worries? Team? Family? You’re not alone. As a mom and store owner who nearly lost everything – twice – I intimately understand the weight of these struggles. Those sleepless nights and constant stress almost made me walk away from my retail dreams entirely.
But here’s the truth that changed everything: retail success isn’t about working harder; it’s about working smarter with proven systems that actually work. Through my own journey from near-bankruptcy to building RETAILMavens, I’ve discovered what truly transforms struggling stores into thriving businesses. Today, I’m most proud of our ”Millies” – clients who’ve broken through the million-dollar ceiling, a milestone that only 1.9% of women-owned businesses achieve. Every time we celebrate a new ”Millie,” I’m reminded why this mission matters so much: these women aren’t just building profitable stores; they’re reshaping their communities and inspiring others to believe in bigger possibilities.
The Retail Profit Formula Podcast is your weekly guide to mastering the three pillars that revolutionize independent retail businesses: strategic inventory management, sustainable cash flow systems, and transformative leadership skills. Each episode unpacks practical strategies from our proven methods – the Sales Breakthrough System, Profit Roadmap, and Profit First powered by RETAILMavens. You’ll hear real success stories from store owners who’ve doubled their income and profits, eliminated their stress, and rediscovered their passion for retail. We dive deep into solutions for your most pressing challenges: from managing seasonal cash flow and optimizing inventory turns to building a team that runs your store like a well-oiled machine.
Ready to transform your store and your life? Join our vibrant community of ambitious retailers who are done with just surviving – they’re ready to thrive. Connect with me and the RETAILMavens team in our Richer Retailer Facebook community for daily inspiration and practical tips. Already at 6 figures and ready to scale up to 7 figures? Watch my free class: 3 Steps to Maximize Profit & Reduce Overwhelm. If you’re newer and not there just yet, watch: How to Increase Your Sales So You Can Consistently Pay Yourself & Your Staff. Together, we’ll help you build the profitable, sustainable business you’ve always dreamed of – one that lets you sleep better at night knowing your retail dreams are becoming reality.
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Are you lying awake at night, wondering how your store will make it through another month? Do you remember the excitement you felt when you first opened your doors, only to now find yourself drowning in inventory decisions and cash flow worries? Team? Family? You’re not alone. As a mom and store owner who nearly lost everything – twice – I intimately understand the weight of these struggles. Those sleepless nights and constant stress almost made me walk away from my retail dreams entirely.
But here’s the truth that changed everything: retail success isn’t about working harder; it’s about working smarter with proven systems that actually work. Through my own journey from near-bankruptcy to building RETAILMavens, I’ve discovered what truly transforms struggling stores into thriving businesses. Today, I’m most proud of our ”Millies” – clients who’ve broken through the million-dollar ceiling, a milestone that only 1.9% of women-owned businesses achieve. Every time we celebrate a new ”Millie,” I’m reminded why this mission matters so much: these women aren’t just building profitable stores; they’re reshaping their communities and inspiring others to believe in bigger possibilities.
The Retail Profit Formula Podcast is your weekly guide to mastering the three pillars that revolutionize independent retail businesses: strategic inventory management, sustainable cash flow systems, and transformative leadership skills. Each episode unpacks practical strategies from our proven methods – the Sales Breakthrough System, Profit Roadmap, and Profit First powered by RETAILMavens. You’ll hear real success stories from store owners who’ve doubled their income and profits, eliminated their stress, and rediscovered their passion for retail. We dive deep into solutions for your most pressing challenges: from managing seasonal cash flow and optimizing inventory turns to building a team that runs your store like a well-oiled machine.
Ready to transform your store and your life? Join our vibrant community of ambitious retailers who are done with just surviving – they’re ready to thrive. Connect with me and the RETAILMavens team in our Richer Retailer Facebook community for daily inspiration and practical tips. Already at 6 figures and ready to scale up to 7 figures? Watch my free class: 3 Steps to Maximize Profit & Reduce Overwhelm. If you’re newer and not there just yet, watch: How to Increase Your Sales So You Can Consistently Pay Yourself & Your Staff. Together, we’ll help you build the profitable, sustainable business you’ve always dreamed of – one that lets you sleep better at night knowing your retail dreams are becoming reality.
#037: Retailers Who Ask Better Questions Make More Sales with Dominick Miserandino
Richer Retailer - Scaling Retail Stores Past 7 Figures
30 minutes 59 seconds
4 months ago
#037: Retailers Who Ask Better Questions Make More Sales with Dominick Miserandino
Ever wondered how curiosity, data, and human connection can transform your retail business?
In this episode, Cathy Wagner sits down with Dominick Miserandino, founder of RTM Nexus, for a fascinating conversation about the future of retail and the mindset shifts store owners need to stay ahead. From his start in digital media to mentoring retailers through COVID to launching a retail-tech platform, Dominick shares what he’s learned about influence, innovation, and the power of simply asking the right questions.
They dive into the real challenges independent retailers face today, the crucial role of customer insight and data, and how to think bigger without getting stuck in the weeds. This episode will inspire you to lead with curiosity, adapt boldly, and build deeper connections with your community.
What You’ll Learn in This Episode:
Why independent retailers must adapt to changing consumer behavior
How asking better questions leads to smarter business decisions
The powerful connection between media, technology, and retail success
Why a growth mindset is essential in today’s retail landscape
Key Takeaways:
[04:00] Understanding Consumer Behavior
[06:35] The Importance of Asking Questions
[23:40] Experiential Retail: Connecting with the Community
[26:00] The Role of Media and Technology in Retail
Resources & Links
Explore more about Dominick Miserandino by visiting his website, connect on LinkedIn, and check out his company RTMNexus.com. Have a question? Ask him, he’s waiting for you!
Dominick talks about Leadership on Humanity.
You’re not building just any store, you’re creating an experience, a legacy, a life that’s richer in every way. Let’s make sure the business side supports that vision. Apply for your free Gameplan Call and we’ll talk through what’s working, what’s not, and your most profitable next move.
Want a behind-the-scenes look at how our top clients grow profit without burning out? Our free training, Beyond Busy: 3 Shifts to Reclaim Your Time and Boost Store Income, walks you through the exact Profit Roadmap we use in Profit Club, focusing on your role as CEO, CIO, and CFO to grow a business that’s both profitable and sustainable.
Thinking you might be ready for life after retail? Click here to watch a free training on how to make this big decision.
Your Millie Moment:
Challenge yourself to ask one new question about your business each day, whether it’s about your customers, your products, or your team. Write down your answers, and if you honestly don’t know the answer, don’t be afraid to reach out for help, explore resources, or ask someone in your community.
Connect with ambitious store owners in the Richer Retailer Facebook Group.
Share this episode with a fellow store owner and help them tackle cash flow challenges!
💚 Remember: This episode reminds us that retail isn’t just about selling products, it’s about staying curious, asking better questions, and daring to see what’s possible. Every data point, every conversation with a customer, and every brave step forward helps you build something that matters. Keep your heart open, your mind curious, and remember: growth starts with the questions you ask yourself today.
Richer Retailer - Scaling Retail Stores Past 7 Figures
Are you lying awake at night, wondering how your store will make it through another month? Do you remember the excitement you felt when you first opened your doors, only to now find yourself drowning in inventory decisions and cash flow worries? Team? Family? You’re not alone. As a mom and store owner who nearly lost everything – twice – I intimately understand the weight of these struggles. Those sleepless nights and constant stress almost made me walk away from my retail dreams entirely.
But here’s the truth that changed everything: retail success isn’t about working harder; it’s about working smarter with proven systems that actually work. Through my own journey from near-bankruptcy to building RETAILMavens, I’ve discovered what truly transforms struggling stores into thriving businesses. Today, I’m most proud of our ”Millies” – clients who’ve broken through the million-dollar ceiling, a milestone that only 1.9% of women-owned businesses achieve. Every time we celebrate a new ”Millie,” I’m reminded why this mission matters so much: these women aren’t just building profitable stores; they’re reshaping their communities and inspiring others to believe in bigger possibilities.
The Retail Profit Formula Podcast is your weekly guide to mastering the three pillars that revolutionize independent retail businesses: strategic inventory management, sustainable cash flow systems, and transformative leadership skills. Each episode unpacks practical strategies from our proven methods – the Sales Breakthrough System, Profit Roadmap, and Profit First powered by RETAILMavens. You’ll hear real success stories from store owners who’ve doubled their income and profits, eliminated their stress, and rediscovered their passion for retail. We dive deep into solutions for your most pressing challenges: from managing seasonal cash flow and optimizing inventory turns to building a team that runs your store like a well-oiled machine.
Ready to transform your store and your life? Join our vibrant community of ambitious retailers who are done with just surviving – they’re ready to thrive. Connect with me and the RETAILMavens team in our Richer Retailer Facebook community for daily inspiration and practical tips. Already at 6 figures and ready to scale up to 7 figures? Watch my free class: 3 Steps to Maximize Profit & Reduce Overwhelm. If you’re newer and not there just yet, watch: How to Increase Your Sales So You Can Consistently Pay Yourself & Your Staff. Together, we’ll help you build the profitable, sustainable business you’ve always dreamed of – one that lets you sleep better at night knowing your retail dreams are becoming reality.
