80. Why Corporate Jobs Are Not A Safety Net with Jessica Fialkovich

Jessica Fialkovich grew up in New Jersey, her grandparents were entrepreneurs, and her dad saw the ups and down of small business owner life. Some weeks were great, and some weeks were terrible. Her dad decided that entrepreneurship was not his gig, and he went into education.    Jessica was raised in a typical way:  Get a good job Work for a corporate company  And that what she exactly did.    She pursued a career in sports management, sports entertainment, right out of college, and worked in corporate. IT WAS A LOT. Then the recession hit. At that point, she had a choice to make. That was her realization: She wasn’t safe in the corporate world. And the only way she could be safe and control her future was to start her own business.    “We figured out the wine business as we went along. It was the same thing. We always had the intention of building up the business to sell it later on."   The following golden nuggets that small business owners should know about the selling process that they might not already aware of:   There's a myth that your business is too small. No business is too small to sell. You are going to sell faster than you think you are.  Everybody thinks that a private equity firm or their competitors gonna buy their business. The truth is that about 80% of all business buyers are people that are first time entrepreneurs.  Don't tell anybody that you're selling when you're thinking about selling, confidentiality is super key. When you are in the sales process, find something that excites you about the day after something you can focus on because you are going to have that transition period.  Connect with Jessica Fialkovich Instagram: @jessicafialkovich Facebook: https://www.facebook.com/jfialkovich  Twitter: @jessfialkovich LinkedIn: https://www.linkedin.com/in/jessicafialkovich Connect with me: Email: [email protected] Business Website: www.donutprincessla.com YouTube: Mayly Tao / DONUT PRINCESS LA Apple Podcast: Short N' Sweet: A Donut Princess Podcast  Instagram: @donutprincessla / @maylytao Facebook: Donut Princess Los Angeles Twitter: Donut Princess LA  Tiktok: teochewdaily LinkedIn: Mayly Tao   *Donate supplies to poor Khmer communities: https://gofund.me/e2569649 *Watch the Donut King Film here: thedonutkingfilm.com (also available on Hulu, Apple TV, Google Play, and Amazon Prime Now)   Book Now:   Donut Exotics: www.donutexotics.com Donut Princess LA: www.donutprincessla.com First Class Doc Prep: email [email protected]  

Om Podcasten

Mayly Tao is a Teochew, Khmer, and Thai first generation Asian American woman based out of Southern California who is the host of Short & Sweet Podcast. She explores themes relating to women empowerment, entrepreneurs, and uplifting and highlighting AAPI stories. She shares a fresh outlook on a variety of topics, sharing anecdotes regarding small business, systems, branding, and partnerships from her experience of owning her own bakery and multiple businesses. She brings on guests in a variety of industries, including women in tech, cannabis, philanthropy, and much more. At the end of her podcast, she has her guests share five golden nuggets or takeaway messages to her listeners. You can support her here: https://linktr.ee/maylytao Mayly Tao is LA’s self-proclaimed Donut Princess, owner of Donut Princess Los Angeles, a donut bouquet delivery concept. You can find her ”Securing the Box” at @donutprincessla. She stars in the Donut King Documentary, as seen on Hulu and across domestic flights across the US. Her uncle, Ted Ngoy, sponsored hundreds of Cambodians to come to America and helped them manage and own their own donut shops. She also has her own YouTube where she visits Cambodian-owned donut shops and highlights their stories. She hopes to elevate Asian American voices and representation and vows to create a legacy for the next generation of Asian Americans.