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Atlanta Small Business Profile – Lara Hodgson, NOW Corporation

Lara Hodgson, President, and CEO of NOW Corporation joins our host, Ted Jenkin, on this week’s episode of the Atlanta Small Business Profile. They discuss the importance of receivables for small businesses, and how they may play a bigger part in the growth of a business than you might think.

Lara founded her business during the 2008 recession through a previous business she had, called Nourish. Lara says that it was through the challenges of transitioning businesses, that she was able to discover a better solution and help her start the NOW Corporation.

Now having almost tripled the number of employees within her company, she says that the best way for a new entrepreneur to learn and grow their business is to get advice from other entrepreneurs. Lara says that being an entrepreneur is defined as pursuing a goal without regard for resources currently under your control. Despite the fact that we usually believe that that means using other people’s money, Lara says that in actuality the more important resource to use is other people’s knowledge.

Other entrepreneurs have been through the challenges new entrepreneurs are currently going through, and Lara says that if you don’t share your ideas with other people then how are they going to help you? Lara realized that the more people she told her ideas to the more they would connect her to people who could help her with her ideas or give suggestions and stories of when they have gone through similar experiences. She says it was here that she became very sensitive to the value that is to gain from other people’s knowledge.

To hear more about Lara and her story make sure to check out the full interview above.

About the author  ⁄ Ted Jenkin @ Your Smart Money Moves

Ted Jenkin @ Your Smart Money Moves

Hey!

My friends and family all think I’m a workaholic, but I say I’m just a guy that loves to help people do better in life.

My mother is still the only one that calls me by my real name Theodore Michael, my wife calls me Teddy, but for the rest of you it is just plain old Ted.

Ever since I was a little kid, I always loved money and being an entrepreneur. In fact, I still have cassette tapes of me talking to my grandmother at the age of five and my mother tells me all the time how much I played with money as a kid...

Read More About Ted Here

Ted Jenkin is a frequent guest columnist for the Wall Street Journal and Headline News Weekend Express. He is the co-CEO of oXYGen Financial. You can follow him on LinkedIn @ www.linkedin.com/in/theceoadvisor or on Twitter @tedjenkin.

Securities offered through Kestra Investment Services, LLC (Kestra IS), member FINRA/SIPC. Investment advisory services offered through Kestra Advisory Services, LLC (Kestra AS), an affiliate of Kestra IS. oXYGen Financial is not affiliated with Kestra IS or Kestra AS. Kestra IS and Kestra AS do not provide tax or legal advice.

The opinions expressed in this commentary are those of the author and may not necessarily reflect those held by Kestra Investment Services, LLC or Kestra Advisory Services, LLC. This is for general information only and is not intended to provide specific investment advice or recommendations for any individual. It is suggested that you consult your financial professional, attorney, or tax advisor regarding your individual situation. 

Background and qualification information is available at FINRA's BrokerCheck website.

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