Midyear Business Review: Are You Building a Business or a Passion Project? | Episode 312

Midyear Business Review: Are You Building a Business or a Passion Project? | Episode 312

Creative Shop Talk Podcast Episode 312 | Midyear Business Review: Are You Building a Business or a Passion Project?

Creative Shop Talk Podcast Episode 312 | Midyear Business Review: Are You Building a Business or a Passion Project? | with Retail Coach Wendy Batten
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With Retail Coach Wendy Batten

Listen on:  Apple Podcasts |Spotify | Radio Republic | YouTube | PlayerFM | Stitcher | iHeartRadio

Episode Overview: 

We have officially reached the middle of the year, and now is the perfect time to pause for just a few minutes to take an honest look at what we’re building. Beyond reviewing numbers and planning for the months ahead, I want to pose a bigger question: is your business becoming a valuable asset, or have you simply created a job (that you love!) for yourself?

In this episode, I share my thoughts around long-term business value. Could you sell your business right now? Whether selling your business feels years away or not something you’ve considered yet, the decisions you make now will impact the flexibility, profitability, and sustainability of your business in the future. 

A midyear review is about more than looking backward. It’s an opportunity to make sure your business is healthy, organized, and positioned to support the life you want while creating options for the future. I talk so much about my desire to work with retailers who plan their lives first. We want to be building businesses that support our lives, not running our lives to support our businesses. So let’s talk about it!

Our Key Topics:

  • How owner dependency impacts the value, sustainability, and future sale-ability of a business
  • What profitability, cash flow, and clean financials reveal about overall business health
  • Why inventory management plays a critical role in maintaining business value
  • How documented systems and operational processes create stability and freedom for owners
  • What distinguishes a hobby business from a profitable, sellable lifestyle business and why that difference matters
  • Why a midyear review should go beyond sales and goals to evaluate what kind of business you’re building

Key Takeaways For Shop Owners on Midyear Check-ins

  1. Know what you’re actually building.

A midyear review should go beyond sales numbers and goals. It’s important to understand whether you’re creating a business that can operate independently or whether the business relies entirely on YOU physically being in the shop to do all of the things.

  1. A healthy business is built on more than revenue.

Strong sales alone do not create value. If you are not profitable, if your cash flow is struggling, if you have no idea where your money is going; revenue doesn’t mean much at all. 

  1. Systems create freedom.

When knowledge, processes, and decision-making live only in the owner’s head, everything is harder for everyone. Documented systems allow responsibilities to be shared, delegated, and sustained over time. 

  1. Inventory deserves regular attention.

Inventory may appear as an asset on paper, but aging or stale inventory can tie up cash and reduce flexibility. Reviewing inventory regularly helps keep merchandise fresh and aligned with customer demand. 

  1. Start preparing before you need to.

Many retailers wait until they are tired, ready to retire, or facing unexpected life circumstances before thinking about selling their business. Building business value is an ongoing process that creates more options and less stress in the future. Small steps added up make a huge difference when it comes time to sell.

“Exit planning has to start before you get tired.” – Wendy Batten

I’m working through my midyear review right now and reminding myself that perfection is not the goal. The goal is building a business that feels good to you today and gives you options for tomorrow.

Resources Mentioned and Related Episodes:

A profitable, smooth holiday season is not a lucky accident. It’s what happens when someone who actually prepared gets to execute. And the best time to prepare? July. Join me and other retailers in Camp Q4 this summer to set yourself up for a kick-butt Q4! Camp begins with a fireside chat (opening coaching) on July 13th. Grab your sit-upon (fellow Girl Scouts unite!) and join me!

Episode 183: Fine Tuning Your Retail Business Operations with Business Strategist Gwen Bortner

Episode 267: Retail Planning Midyear Check-In: The Essential Steps

Let’s hang out in a private coaching session!

Follow along and chat with me on Instagram and join my love list.

Creative Shop Talk Podcast Episode 312 | Midyear Business Review: Are You Building a Business or a Passion Project? | with Retail Coach Wendy Batten
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About Your Host, Wendy Batten:

In case we haven’t met…I’m Wendy Batten. I’ve been a small business owner, coach, and mentor for over 25 years. I help thoughtful, established entrepreneurs step into their role as CEO and build businesses that are profitable, meaningful, and supportive of the lives they want to live. My work blends real-world strategy with a life-first philosophy, shaped by lived experience, not theory. I’ve been there! Through honest conversations and practical insight, I invite you into bigger thinking about leadership, possibility, and how to build both business and life on purpose.

For more support from Wendy:

Hang out and connect with Wendy on IG

All of Wendy’s current programs and services for shop owners can be found HERE. 

Never miss an episode!  Subscribe to the Creative Shop Talk Podcast and get the tools, inspiration, and strategies you need to thrive as an independent retailer. Click here to subscribe to iTunes! 

Loved the episode? Leave a quick review on iTunes– your reviews help other retailers find my podcast, and they’re also fun for me to go in and read. Just click here to review, select “Ratings and Reviews” and “Write a Review” and let me know what your favorite part of the podcast is. So grateful for you! Thank you!

Why Real Connection Matters More Than Ever in the Age of AI with Deanne Fitzpatrick | Episode 311

Why Real Connection Matters More Than Ever in the Age of AI with Deanne Fitzpatrick | Episode 311

Creative Shop Talk Podcast Episode 311 | Why Real Connection Matters More Than Ever in the Age of AI with Deanne Fitzpatrick

Creative Shop Talk Podcast Episode 311 | Why Real Connection Matters More Than Ever in the Age of AI with Deanne Fitzpatrick | with Retail Coach Wendy Batten
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With Retail Coach Wendy Batten

Listen on:  Apple Podcasts |Spotify | Radio Republic | YouTube | PlayerFM | Stitcher | iHeartRadio

Episode Overview: 

In this episode, I sit down with my friend Deanne Fitzpatrick of Deanne Fitzpatrick Rug Hooking Studio for an honest and raw conversation about AI, authenticity, and what it means to run a meaningful business. We talk about the parts of AI that feel helpful, the parts that feel icky, and why trust and real connection matter more than ever for small business owners.

As business owners who have both embraced technology over the years, neither Deanne nor I are anti-AI. But we are cautious and curious about how it’s changing what feels like pretty much everything. We share our thoughts on where AI has the ability to support small business owners. We also chat about where we draw the line with AI when it comes to content, creativity, and showing up for our audiences.

This conversation is really about staying grounded in what makes our businesses valuable in the first place: real people, real relationships, and building a community through sincere connection.

Our Key Topics:

  • Authenticity and trust are becoming more important as AI-generated content grows
  • What feels helpful versus “icky” when it comes to AI use in business
  • Meaningful community building matters more than polished marketing
  • How shop owners can use AI technology without losing their voice
  • What happens when businesses prioritize efficiency over real connection
  • Why in-person shopping and human experiences are becoming more valuable
  • How creating your own work helps deepen creativity and personal growth

Key Takeaways For Shop Owners Around AI and Connection

  1. Real connection is becoming a competitive advantage.
    As more content becomes automated and polished, people are craving experiences that feel human, trustworthy, and personal. Showing up as yourself matters to your customers.
  2. Technology CAN support your business without replacing your voice.
    We talk about using AI for organization, editing, or idea generation while still keeping the creative and relational parts of the business personal and human-led.
  3. Your community wants authentic connection, not perfection.
    Small imperfections, real conversations, and honest communication help build trust. Customers are craving businesses that feel sincere and genuine.
  4. Creativity and communication should still feel meaningful.
    Writing your own newsletter, recording your own podcast, or having real conversations may take more time, but those experiences also help you grow as a business owner and human.
  5. Simplicity still matters.
    In a world focused on speed and efficiency, there is real value in slowing down, creating intentionally, and building a business around connection, beauty, and joy.

“I think when we show up as we are and we offer our ideas and our creativity and our energy as we are…it’s a worthwhile offering.” -Deanne Fitzpatrick

I hope this conversation gives you space to reflect on how you use AI, how you want to show up in your business, and what kind of connection you want to create with your community.

Resources Mentioned and Related Episodes:

Episode 167: Protecting Your Passion in Business with Deanne Fitzpatrick

Let’s hang out in a private coaching session!

Follow along and chat with me on Instagram and join my love list.

Creative Shop Talk Podcast Episode 311 | Why Real Connection Matters More Than Ever in the Age of AI with Deanne Fitzpatrick | with Retail Coach Wendy Batten
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Deanne, in her own words:

 “I hook nearly every day. I cannot stop myself. I like the feel of wool slipping through my fingers. My goal is to live simply, and make hooked rugs that are unmistakably art.

Rug hooking is full of possibilities. It has changed my life, and been a powerful force in changing the lives of the people I have met through it. I have learned that art, craft and handmade can totally change the way you view the world and how you feel about it.

My style of rug hooking, with its meditative qualities, and its freedom from rules adds beauty to our world and is therapeutic on its own. It is joyful, powerful and transformative. It is not about being perfect, it is about creating beauty everyday.

I have a retail studio in Amherst Nova Scotia where I work with an amazing group of talented people. We create classes, kits, patterns and supplies available online. I have written eight books about creativity and rug hooking, and exhibited widely in public and private galleries.”

Visit Deanne in her studio or online at www.hookingrugs.com.

Check out her Instagram, including the story she shares about being duped by AI, here.

About Your Host, Wendy Batten:

In case we haven’t met…I’m Wendy Batten. I’ve been a small business owner, coach, and mentor for over 25 years. I help thoughtful, established entrepreneurs step into their role as CEO and build businesses that are profitable, meaningful, and supportive of the lives they want to live. My work blends real-world strategy with a life-first philosophy, shaped by lived experience, not theory. I’ve been there! Through honest conversations and practical insight, I invite you into bigger thinking about leadership, possibility, and how to build both business and life on purpose.

For more support from Wendy:

Hang out and connect with Wendy on IG

All of Wendy’s current programs and services for shop owners can be found HERE. 

Never miss an episode!  Subscribe to the Creative Shop Talk Podcast and get the tools, inspiration, and strategies you need to thrive as an independent retailer. Click here to subscribe to iTunes! 

Loved the episode? Leave a quick review on iTunes– your reviews help other retailers find my podcast, and they’re also fun for me to go in and read. Just click here to review, select “Ratings and Reviews” and “Write a Review” and let me know what your favorite part of the podcast is. So grateful for you! Thank you!

7 Things That Might Be Holding You Back in Your Retail Business | Episode 310

7 Things That Might Be Holding You Back in Your Retail Business | Episode 310

Creative Shop Talk Podcast Episode 310 | 7 Things That Might Be Holding You Back in Your Retail Business

Creative Shop Talk Podcast Episode 310 | 7 Things That Might Be Holding You Back in Your Retail Business | with Retail Coach Wendy Batten
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With Retail Coach Wendy Batten

Listen on:  Apple Podcasts |Spotify | Radio Republic | YouTube | PlayerFM | Stitcher | iHeartRadio

Episode Overview: 

In this episode of the Creative Shop Talk Podcast, I’m sharing seven common patterns I see repeatedly with independent retailers who are working hard but still feeling stuck. These are habits, mindset patterns, and blind spots that can keep us from reaching the goals we truly want. As I was making this list from conversations with clients, I realized I’ve experienced every one of these things myself throughout my years in business.

Some of the highlights: vague goals, overthinking, avoiding difficult conversations, staying attached to old identities, and the importance of tracking numbers and reviewing what’s actually happening in our businesses. My hope is that this episode helps you notice where you may be holding yourself back without even realizing it.

If you’ve been feeling like you’re capable of more but can’t quite identify what’s standing in the way, I hope this episode is an opportunity to pause, reflect, and start getting honest about what needs to change.

Our Key Topics:

  • Why vague goals make it difficult to create meaningful progress
  • The impact of overthinking and analysis paralysis
  • Trying to build a business without support or mentorship and why that’s a bad idea
  • Why you need to stop avoiding uncomfortable conversations, tasks, or realities
  • The importance of regular business and self check-ins
  • Why tracking numbers and data matters for decision making
  • Moving from staying comfortable to stepping into leadership

7 Things That May Be Holding You Back in Your Retail Business

  1. You are setting vague goals.
    Are you being clear or specific about what you actually want to achieve?
  2. You are overthinking the how.
    Getting stuck in analysis paralysis instead of taking the next small step. Remember, done is better than perfect.
  3. You are trying to do it alone.
    Do not allow yourself to avoid support, delegation, coaching, or bringing in help.
  4. You are living in an old identity.
    Are you staying attached to an earlier version of yourself or your role in the business instead of evolving into leadership that no longer serves you, your business, or your customers? As your business evolves, so does your role as CEO.
  5. You are ostriching or committing emotional avoidance.
    Are you avoiding uncomfortable conversations, tasks, truths (i.e. your numbers), or decisions? Sit down for 10 quiet minutes and be honest with yourself about what you are avoiding. 

“If you knew the answer, what would it be?” 

  1. You are not doing business and self check-ins.
    Moving week to week without reflecting, reviewing, or paying attention to what’s working and what isn’t can cause huge issues in your business.
  2. You are not tracking anything.
    Are you avoiding numbers, metrics, and data that help you understand what’s really happening in the business?

I hope this episode gives you a few honest places to reflect and helps you move toward the kind of business and life you truly want.

Resources Mentioned and Related Episodes:

Episode 263: Why CEO Time is not Optional in Your Retail Business

Design Your Best Year Ever Masterclass

Back-of-the-Napkin Profit Calculator (Profit Planning Masterclass)
A simple, approachable way to understand your core retail numbers without overwhelm or complicated spreadsheets.

Sales Accelerator ProgramThis on-demand program is ready for you RIGHT NOW. You’ll learn how to get more visibility in your community, attract more of the right people into your store, increase your per-customer sales, and see more repeat customers who come back again and again. Grab it today and get started right away.

Let’s hang out in a private coaching session!

Want to see the journal entries I talked about in this episode? Follow along and chat with me on Instagram!

Creative Shop Talk Podcast Episode 310 | 7 Things That Might Be Holding You Back in Your Retail Business | with Retail Coach Wendy Batten
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About Your Host, Wendy Batten:

In case we haven’t met…I’m Wendy Batten. I’ve been a small business owner, coach, and mentor for over 25 years. I help thoughtful, established entrepreneurs step into their role as CEO and build businesses that are profitable, meaningful, and supportive of the lives they want to live. My work blends real-world strategy with a life-first philosophy, shaped by lived experience, not theory. I’ve been there! Through honest conversations and practical insight, I invite you into bigger thinking about leadership, possibility, and how to build both business and life on purpose.

For more support from Wendy:

Hang out and connect with Wendy on IG

All of Wendy’s current programs and services for shop owners can be found HERE. 

Never miss an episode!  Subscribe to the Creative Shop Talk Podcast and get the tools, inspiration, and strategies you need to thrive as an independent retailer. Click here to subscribe to iTunes! 

Loved the episode? Leave a quick review on iTunes– your reviews help other retailers find my podcast, and they’re also fun for me to go in and read. Just click here to review, select “Ratings and Reviews” and “Write a Review” and let me know what your favorite part of the podcast is. So grateful for you! Thank you!

From Good to Great: Dream Bigger Now | Episode 309

From Good to Great: Dream Bigger Now | Episode 309

Creative Shop Talk Podcast Episode 309 | From Good to Great: Dream Bigger Now

Creative Shop Talk Podcast Episode 309 | From Good to Great: Dream Bigger Now | with Retail Coach Wendy Batten
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With Retail Coach Wendy Batten

Listen on:  Apple Podcasts |Spotify | Radio Republic | YouTube | PlayerFM | Stitcher | iHeartRadio

Episode Overview: 

In this episode, I’m sharing details of a conversation that challenged me to think differently about what’s possible in business and life. I’ve been reflecting on the ways we can reach a point where things feel “good” so we stop stretching toward what could feel even better: more alignment, more joy, and being more fulfilled.

Through personal stories and examples from my clients, I’m exploring the idea that growth is not always about doing more: sometimes it’s about raising our standards, reimagining what is possible, and allowing ourselves to dream again. I talk about the importance of perspective, support, and asking better questions about what could actually feel great instead of simply acceptable.

This episode is a reminder that building a profitable business matters, but so does building a business and life that continue to feel exciting, meaningful, and energizing.

Our Key Topics:

  • Why “good” can sometimes become a ceiling in business and life
  • Quietly stopping the habit of dreaming bigger or stretching toward new possibilities
  • The importance of outside perspective, coaching, and conversation in expanding what feels possible
  • Personal and client examples of moving from comfortable to more aligned and fulfilling goals
  • Refining standards, branding, leadership, and lifestyle goals over time
  • Building a business that feels profitable, joyful, and aligned with the life you want

Key Takeaways for Shop Owners

  1. Good does not always mean complete.
    I share how many shop owners work hard to reach stability and comfort, then stop questioning what else might be possible. This episode is an invitation to revisit areas that feel “fine” and ask whether they could actually feel even better or more exciting.

     

  2. Perspective from others can help us see possibilities we cannot see alone.
    Whether through coaching, travel, conversation, or collaboration, outside voices can challenge limitations and expand vision. Sometimes another person can see potential that feels invisible from inside our own business.
  3. Growth is not always about bigger businesses or more hustle.
    This conversation is not about chasing endless growth. I believe stretching toward “great” should support joy, fulfillment, lifestyle goals, and deeper alignment with what matters most.
  4. Small shifts over time can completely change a business.
    I share the story of a client who slowly refined her brand, clientele, merchandising, and team over the course of a year. The transformation did not happen overnight, but consistent changes helped create a business that felt more intentional and aligned.

We are capable of more than we often allow ourselves to believe.
Throughout the episode, I return to the idea that many limitations are self-imposed. Asking “Why can’t I?” opens the door to possibilities that once felt unrealistic or unavailable.

“Good is the enemy of great.” – Jonathan Ive

I hope this episode helps you realize if you’ve stopped dreaming so you can start again. What feels possible? Let’s go after that.

Resources Mentioned and Related Episodes:

Sales Accelerator ProgramThis on-demand program is ready for you RIGHT NOW. You’ll learn how to get more visibility in your community, attract more of the right people into your store, increase your per-customer sales, and see more repeat customers who come back again and again. Grab it today and get started right away!

Episode 293: The Difference Between ‘Nice’ and ‘Kind’ in Leadership

Episode 268: Awesome Isn’t Accidental: Raise the Retail Standards in Your Shop

Creative Shop Talk Podcast Episode 309 | From Good to Great: Dream Bigger Now | with Retail Coach Wendy Batten
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About Your Host, Wendy Batten:

In case we haven’t met…I’m Wendy Batten. I’ve been a small business owner, coach, and mentor for over 25 years. I help thoughtful, established entrepreneurs step into their role as CEO and build businesses that are profitable, meaningful, and supportive of the lives they want to live. My work blends real-world strategy with a life-first philosophy, shaped by lived experience, not theory. I’ve been there! Through honest conversations and practical insight, I invite you into bigger thinking about leadership, possibility, and how to build both business and life on purpose.

For more support from Wendy:

Hang out and connect with Wendy on IG

All of Wendy’s current programs and services for shop owners can be found HERE. 

Never miss an episode!  Subscribe to the Creative Shop Talk Podcast and get the tools, inspiration, and strategies you need to thrive as an independent retailer. Click here to subscribe to iTunes! 

Loved the episode? Leave a quick review on iTunes– your reviews help other retailers find my podcast, and they’re also fun for me to go in and read. Just click here to review, select “Ratings and Reviews” and “Write a Review” and let me know what your favorite part of the podcast is. So grateful for you! Thank you!

Hospitality is the Product in Brick-and-Mortar Retail with Guest Expert Chris Deferio | Episode 308

Hospitality is the Product in Brick-and-Mortar Retail with Guest Expert Chris Deferio | Episode 308

Creative Shop Talk Podcast Episode 308 | Hospitality is the Product in Brick-and-Mortar Retail with Guest Expert Chris Deferio

Creative Shop Talk Podcast Episode 308 | Hospitality is the Product in Brick-and-Mortar Retail with Guest Expert Chris Deferio | with Retail Coach Wendy Batten
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With Retail Coach Wendy Batten

Listen on:  Apple Podcasts |Spotify | Radio Republic | YouTube | PlayerFM | Stitcher | iHeartRadio

Episode Overview: 

Struggling shop owners aren’t struggling because they need more tools. Perhaps they are struggling because they’ve moved away from what actually matters for success in retail.

In this conversation, I sit down with Chris Deferio of the Keys to the Shop podcast to talk about what really drives success in brick-and-mortar businesses today: the role of hospitality, leadership, and being intentional with training your team. We also talk about how seemingly small decisions can shape the long-term health of a business. Chris shares what he’s learned from decades in coffee, from working behind the bar to consulting with shop owners, and how those lessons apply beyond coffee.

If you’ve been feeling pulled toward change in your business, this episode is a grounding reminder of what actually creates loyalty, consistency, and growth in retail.

Our Key Topics:

  • Chris’s journey from barista to consultant and podcast host
  • Why hospitality should be treated as the core product in brick-and-mortar
  • The balance between systems, data, and human connection
  • Hiring and training with intention, starting from values
  • The evolving role of the owner and the importance of leadership structure
  • The risks of distraction, comparison, and overcomplicating the business

Key Takeaways for Shop Owners

  1. Hospitality is the product.
    When we treat hospitality as the center of the business, everything else becomes support. The experience we create for customers and staff is what drives loyalty and long-term success. 
  2. Hiring for values is the foundation of everything that follows.
    Bringing in people who have the same values makes training and leadership more effective. When you compromise early, it creates ongoing challenges that will cause your business to suffer.
  3. Training requires intention, not assumption.
    Many owners expect staff to “figure it out” without clear training and communication. This leads to inconsistent service. Ongoing coaching, feedback, and clarity are essential to maintaining standards.
  4. You cannot lead well if you are only reacting.
    Without structure and intentional time management, it’s difficult to make good decisions. Creating space to step back and evaluate allows you to lead instead of constantly putting out fires.
  5. The answers you need are often already in your business.
    Instead of chasing new tools or trends, look at what is already working. Deepening relationships with your team and customers often creates more impact than adding something new.

“Hospitality is the product.” – Chris Deferio

I hope this conversation helps you realize places in your business where you can improve your relationships with your customers and team. 

Resources Mentioned and Related Episodes:

Chris’s podcast, Keys to the Shop

Episode 218: Retailer Success Series: Community Marketing Strategies with Millie Blackwell

Episode 259: Behind the Counter: Building a Unique Retail Shop with Heart with Amy and Chris Hart
Episode

Episode 304: Hospitality is an Inside Job: How Leadership and Small Moments Shape Your Shop’s Reputation with Guest Expert Stephanie Miller Vincent

Creative Shop Talk Podcast Episode 308 | Hospitality is the Product in Brick-and-Mortar Retail with Guest Expert Chris Deferio | with Retail Coach Wendy Batten
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About Chris and Keys to the Shop:

Chris is the founder of Keys to the Shop, a podcast + consulting company that helps coffee shop owners and leaders thrive personally and professionally.

In his 26 year career in specialty coffee, he has seen great success in a wide variety of leadership positions. He also has experience as a competition judge, cafe manager, and multi-unit cafe operations manager.

Having been able to spend time at the ground floor of many small growing cafes, as well as training and counseling many established larger brands, he has developed a unique approach that is grounded in creativity, emotional intelligence, and operational know-how.

Follow along with Chris here:
Website | Instagram

About Your Host, Wendy Batten:

In case we haven’t met…I’m Wendy Batten. I’ve been a small business owner, coach, and mentor for over 25 years. I help thoughtful, established entrepreneurs step into their role as CEO and build businesses that are profitable, meaningful, and supportive of the lives they want to live. My work blends real-world strategy with a life-first philosophy, shaped by lived experience, not theory. I’ve been there! Through honest conversations and practical insight, I invite you into bigger thinking about leadership, possibility, and how to build both business and life on purpose.

For more support from Wendy:

Hang out and connect with Wendy on IG

All of Wendy’s current programs and services for shop owners can be found HERE. 

Never miss an episode!  Subscribe to the Creative Shop Talk Podcast and get the tools, inspiration, and strategies you need to thrive as an independent retailer. Click here to subscribe to iTunes! 

Loved the episode? Leave a quick review on iTunes– your reviews help other retailers find my podcast, and they’re also fun for me to go in and read. Just click here to review, select “Ratings and Reviews” and “Write a Review” and let me know what your favorite part of the podcast is. So grateful for you! Thank you!

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