In this episode, guest-host Johnny Gwin talks with Tommy Wetjen about how he built Gamers N Geeks, the Gulf Coast's largest gaming store specializing in card games, board games, dice games, miniatures, and video games. Tommy also shares how he has grown his business by creating an economic ecosystem with collaborators and like-minded merchants and vendors, making a unique experience that encourages all ages and types of gamers to feel welcome.

Plus, Tommy spills the beans on purchasing, relaunching, and reinventing the CWL, the Combat Wrestling League, that will bring local wrestling back to the Gulf Coast.

In this episode, guest host Johnny Gwin talks with Scotty White about how he takes another step in building his business empire of Geekdom with his new Scotty's Toy Shop specializing in action figures and other pop culture collectibles. Scotty is not just an entrepreneur, podcaster, and comic book creator; he is now an action figure curator, doctor, and bounty hunter to find "that special toy that someone wants from their childhood memories and will bring them happiness."

Cheers to Scotty White; he is creating revenue from doing something that he loves and is building a loyal and engaged community around his new toy shop, Scotty's Toy Shop.

Check Out Gamers & Geeks

Listen to EP107: Just Make The Thing with Scotty White

Scotty's Jedi Lessons On Starting A Retail Business

- Do your research. Know what you are getting into with a brick and mortar or online retail store and understand the market trends, opportunities, and challenges before you go "all in"

- Build your network. Reach out to similar and successful business owners in the market that you want to start selling.

- Start small. Before investing capital and time with a store, start selling from your collection to test the proof of concept for your store and products.

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Learn More About Karen Simmons & CFO Consulting

Karen C. Simmons, P.C.

CFO Consulting Services

Business owners and employees leave money on the table year after year by not having the right retirement plan in place. In this episode, Karen talks with the Mobile, Alabama employer, employee, and personal retirement plan TPA specialist Crystal Sears of Azalea Administration. Crystal explains all the options employers and employees now have with 401(k) and other retirement plans and how to get started saving for your future. Plus, learn why setting up an employee plan is one of the best ways to hire, motivate, and keep your best team members and top producers.

{Editor's Note: this is a rebroadcast of a past episode. Karen is taking the week off the show to spend time with her family for the Fourth of July holiday.}

Learn more about Crystal Sears and Azalea Administration.

Key Takeaways:

1. A 401(k) plan is it's a way to save money, but you're saving it for yourself.
2. Employee retirement plans for your help you find, motivate and keep your best employees.
3. Hire a qualified third-party administrator to set up and manage your company's retirement plans.
4. Cheap index funds won't cost you a lot of money, but they won't make you any money either.
5. Start the retirement plan process with your CPA, Accounting Department, or your HR department.
6. Find the right TPA specialist to administer your retirement plans.

Learn More About Karen Simmons & CFO Consulting

Karen C. Simmons, P.C.

CFO Consulting Services