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Kaya Cast

Kaya Cast

Kaya Push

The Kaya Cast podcast is a weekly show where we interview thought leaders in the cannabis industry about their experience and expertise of working with cannabis. The aim of the show is to help cannabis retailers do what they love and share their stories.

99 - Mastering Dispensary Promotions: Learn from Tommy Truong
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  • 99 - Mastering Dispensary Promotions: Learn from Tommy Truong

    In this compelling episode of Kaya Cast Podcast, we sit down with Tommy Truong, founder of KayaPush, to delve into the intricate landscape of employee promotions within the fast-paced environment of cannabis dispensaries. Tommy brings a wealth of knowledge and firsthand experiences detailing the challenges and opportunities that promotions can present to a growing business.

    Tommy starts off by highlighting the critical nature of promotions—get it right and it could propel your business forward, but get it wrong, and you could face months, if not a year, of setbacks. He shares a cautionary tale from the early days of his business, where a seemingly straightforward promotion caused unexpected ripples across the team, leading to dissatisfaction and ultimately, attrition.

    Throughout the episode, Tommy emphasizes the importance of creating a transparent, merit-based environment where every team member understands how they're being measured and how they can impact the business. He discusses practical strategies such as establishing clear KPIs, maintaining regular communication rhythms, and engaging in one-on-one meetings to not only gauge performance but also to foster individual growth and skill development.

    Beyond the mechanics of promotion, Tommy addresses the inevitable reality of disappointment that can occur even in the fairest of systems. He advises on how to harness this ambition positively, enabling a focus on personal and professional growth that aligns with the business’s needs.

    Whether you're at the helm of a thriving cannabis dispensary or just starting out, this episode offers vital insights into making strategic, fair, and impactful promotion decisions that support both your team's and your business's growth. Tune in to learn how to handle promotions with a balanced approach that encourages transparency, meritocracy, and team cohesion.

    Join us on Kaya Cast Podcast for this enlightening conversation with Tommy Truong, and discover how to navigate the complexities of employee promotions to foster a thriving workplace culture.

    Find out more about KayaPush at:
    https://www.kayapush.com/podcast-episodes
    https://www.linkedin.com/company/kayapush/

    #NavigatingPromotions
    #FairnessAndMerit
    #KayaCastPodcast
    #EmployeePromotions
    #CannabisDispensaries
    #BusinessGrowth

    Tue, 07 May 2024
  • 98 - Tech Disasters and Triumphs: What Every Cannabis Entrepreneur Needs to Know

    Welcome to the KayaCast, your trusted companion for navigating the complexities of cannabis business in the digital age. In today's episode, we're joined by Sarah Kabakoff from MindChef Productions, a seasoned expert with a wealth of experience spanning the food tech and cannabis industries.

    Sarah brings a down-to-earth perspective on the challenges of adopting new technology in business. She shares candid insights into the common mistakes entrepreneurs make when it comes to tech implementation, emphasizing the importance of taking ownership and staying engaged throughout the process.

    From understanding your business's unique needs to assessing the support and scalability of potential tech partners, Sarah offers a roadmap for making informed decisions that set your business up for success.
    So, if you're ready to ditch the tech overwhelm and approach your digital journey with clarity and confidence, join us for this insightful conversation with Sarah Kabakoff. It's real talk for real entrepreneurs, right here on the KayaCast.
     
    Sarah Kabakoff is an experienced business leader who has helped to launch thousands of restaurants and dispensaries in the US. Working for notable companies like Aloha, Toast, and Dutchie, Sarah has fostered an environment for growth and knowledge-sharing in the cannabis industry. 
     
    Find out more about MindChef Productions at:
    https://mindchefproductions.com/
    https://www.linkedin.com/in/sarah-kabakoff-45a516102/
    https://www.linkedin.com/company/mindchef-productions/
    https://www.youtube.com/@MindChefProductions

    Like what you're listening to? Subscribe to our Youtube channel and download at Podcasts on all streaming platforms!

    #cannabis #dispensary #cannabisindustry #retail #techstack #technology #AI #kayacast

    Tue, 30 Apr 2024
  • 97 - Selecting your Business Partner: Advice from a Cannabis CEO

    🌱 Welcome to KayaCast, the ultimate resource for dispensaries looking to reach new heights in the ever-evolving cannabis market. Today, we're thrilled to present an enlightening conversation with Tommy Truong, co-founder of KayaPush, a leading CRM and workforce management solutions provider in the cannabis industry. 

    Running a successful cannabis business is a formidable challenge, with only a fraction ever hitting major financial milestones. In this episode, Tommy Truong sheds light on the pivotal role that the right business partners play in overcoming these odds. Join us as we dissect crucial topics you need to ask before entering into a business partnership, like:

    Financial Positions & Hardships: Learn how Tommy's journey began with a year of zero salaries and 99 cent pizzas, illustrating the importance of being financially aligned with your partners. Could you endure the lean years together?

    Drive to Win: Tommy reflects on a past venture in accounting and the crucial lesson he learned about shared commitment levels. What does it mean to be truly all-in, and why is equal dedication from each partner non-negotiable for success?

    Navigating Disagreement & Decision-Making: Embrace conflict as a natural and beneficial part of the business process. Tommy shares the frameworks that have guided his teams through challenging decisions – from adopting a 'never sell' mentality to committing fully to collective decisions, even in dissent.

    🎧 Tune in for an episode packed with actionable advice, hard-earned wisdom, and the strategic mindset required to build a thriving cannabis business. Whether you're at the brink of partnership or scaling to new peaks, Tommy's insights will arm you with the tools to evaluate potential partners and forge a path to success.

    Don't forget to subscribe and leave us a review if you find value in our content. Your support helps us grow and bring more incredible insights your way!

    #CannabisCommunity #CannabisBusiness #Partnerships #GrowthMindset #KayaCast
     
     
    Find out more about KayaPush at:
    https://www.kayapush.com/podcast
    https://www.linkedin.com/company/kayapush/?originalSubdomain=ca
    https://www.linkedin.com/in/tommy-truong/


     
    #CannabisIndustry #CannabisEntrepreneur #CannabisAdvice #BusinessPartners #FinancialAlignment #SharedCommitment #ConflictResolution #DecisionMaking #StrategicMindset #ScalingSuccess #KayaPush #CRM #WorkforceManagement #CannabisSolutions #CannabisExperts #Entrepreneurship #Podcast #BusinessInsights #CannabisPodcast #BusinessSuccess #GrowWithKaya #DispensaryResources #CannabisMarket #NewHeights #EnlighteningConversation #HardEarnedWisdom #ActionableAdvice #SupportSmallBusiness #SubscribeAndReview

    Tue, 23 Apr 2024
  • 96 - From Metrics to Millions: Unlocking Profitability with Naomi Granger (NACAT Pros)

    *Want to budget better? Try this free template! https://api.leadconnectorhq.com/widget/form/xY8juBT3zNkeFEpO3zBT

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    Join us on Kaya Cast for an enlightening episode with Naomi Granger of NACAT Pros, where we delve into exactly what every business should consider before expanding. As an experienced accountant in the cannabis industry, Naomi shares invaluable insights into the operational metrics that drive profitability.

    Discover why it's crucial for business owners to understand their operations inside out before expecting profitability from their accounting professionals. Naomi explains how factors such as inventory management, staff training, customer engagement, and marketing campaigns directly impact a business's bottom line.

    Learn about the significance of tracking KPIs like average ticket price per customer, units per transaction, attachment rates, and customer preferences in different regions. Naomi emphasizes the importance of aligning inventory assortments with customer demands to optimize sales and reduce costs associated with carrying the wrong inventory.

    But it doesn't stop there! Naomi sheds light on the hidden costs retailers often overlook, such as employee turnover and training expenses. She emphasizes the significance of not just hard KPIs but also soft KPIs, which can significantly impact a business's financial health.

    Tune in to Kaya Cast for an eye-opening discussion that will equip you with the knowledge needed to make informed decisions and drive your business towards sustainable growth and profitability. Don't miss out on this opportunity to gain actionable insights from a seasoned industry expert!

    Follow Naomi Granger and NACAT Pros for more valuable tips and updates!

    Find out more about NACAT Pros here:
    https://nacatpros.org/
    https://www.instagram.com/nacatpros/
    https://www.facebook.com/Nacatpros
    https://twitter.com/NacatPros
    https://www.linkedin.com/company/nacatpros/

    #NACATPros
    #NACAT
    #Dispensary
    #Cannabis
    #Cannabisindustry
    #Tax
    #Accounting

    Tue, 16 Apr 2024
  • 95 - From STIIIZY to Cookies: Running a Winning Dispensary in 2024

    Welcome to the Kaya Cast Podcast! In this episode, we're delving deep into the world of cannabis entrepreneurship with Mike Wilson, the esteemed CEO and founder of Temeka Group. 

    With over 600 dispensary locations under their belt and a track record of launching successful stores for renowned brands like STIIIZY and Cookies, Mike brings a wealth of knowledge and expertise to the table.

    Join us as Mike shares invaluable insights on choosing the perfect location for your dispensary business. From neighborhood-focused spots to bustling tourist destinations like Times Square, Mike breaks down the key factors to consider when scouting for that ideal storefront. Discover how to prioritize customer retention over one-time tourist traffic and why investing in a neighborhood market could be the smartest move for long-term success.

    But that's not all – Mike dives into the nitty-gritty details of building out your store layout, from ensuring ADA compliance to navigating unexpected expenses like HVAC systems. With Mike's guidance, you'll learn how to approach site selection with eyes wide open, avoiding costly surprises and maximizing your return on investment.

    Whether you're a seasoned entrepreneur or just dipping your toes into the cannabis industry, this episode is packed with actionable advice that could save you hundreds of thousands of dollars. Tune in now and let Mike Wilson's expertise guide you on your journey to dispensary success!

    To learn more about Temeka Group and stay updated on their latest ventures, be sure to follow them on social media:
    - Instagram: @temekagroup
    - Twitter: @temekagroup
    - Facebook: Temeka Group
    And visit their website at temekagroup.com for more information!

    Find out more about Temeka at:
    https://www.temekagroup.com/cannabis-industry/
    https://www.linkedin.com/in/mike-wilson-1107a960/
    https://www.linkedin.com/company/temekagroup/


    #DispensarySuccess
    #LocationMatters
    #CannabisEntrepreneurship
    #SmartSiteSelection
    #NeighborhoodVsTourist
    #SaveOnExpenses
    #CustomerRetention
    #ROIFormula
    #DispensaryTips
    #ProfitableLayout
    #TemekaGroup
    #KayaCast
    #KayaPush

    Tue, 09 Apr 2024
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