Building a Legal Business in a Deemed Illegal Industry

Episode #47  Building a Legal Business in a Deemed Illegal Industry Ft. Jahan Jamas, Co Founder, BOHECO Welcome back to MSME TALK® with Industry Expert. Industry Expert segment brings Industry Expert who discusses on specific topic relevant for MSMEs, Startup to scale up and build long-lasting Businesses. It takes tremendous courage to question the rules of the land and challenge why a business is deemed illegal or prohibited. In Ep 47 you will know how to grow business often defined by strict regulations or uncertainty through BOHECO’s journey.  𝐌𝐒𝐌𝐄 𝐓𝐀𝐋𝐊 𝐖𝐡𝐚𝐭𝐬𝐚𝐩𝐩 connect: https://wa.me/918097665085 What support you need in your business: https://forms.gle/P7eb5xuJeERKxn6V6 Newsletter : https://msmetalk.com/subscription-alert/ Are you providing Services to MSMEs? https://bit.ly/ListingonMSMETALK Whatsapp Channel : MSME TALK whatsapp channel  𝐄𝐩𝐢𝐬𝐨𝐝𝐞 𝐂𝐡𝐚𝐩𝐭𝐞𝐫𝐬  00:00:00 Intro  00:01:37 - How Did Boheco's Founders Challenge the Norms of entering the deemed Illegal Industry? 00:4:38 - What Does It Mean to Pioneer a Prohibited Industry? 00:06:00 – Learning for Entrepreneurs to Navigate the Compliance Maze?  00:7:30 - What Steps Are Essential for Researching the Regulatory Landscape?  00:17:40 - What Legal Essentials Should Entrepreneurs Know? 00:24:00 - How Can Entrepreneurs Successfully Navigate the Licensing Labyrinth? 00:27:00 - What Strategies helped you in documentation part of compliance?  00:29:00 - How Can Trust Be Built with Key Stakeholders? 00:34:00 - How Can Trust Be Built with Customers in creating new category ?  00:39:43 - What Marketing Strategies Work in a Regulated Environment?  00:44:00 - How Should Entrepreneurs Adapt and Pivot in Response to Change?  00:48:00 - What Crisis Management Strategies Can Be Implemented? 00:52:00 - How Can Entrepreneurs Stay Informed About Regulatory Changes?  00:55:35 - How Can Entrepreneurs balance the innovation along with Compliance ? 01:01:00 – how does Speed of business and innovation works in heavy regulated or ambiguous Industry ?  01:06:00 – Some guiding principles for Entrepreneurs ?    𝐇𝐨𝐬𝐭 : Tripti Sharma - Executive Coach and Founder of MSME TALK®   https://linktr.ee/TriptiSharma https://www.linkedin.com/in/tripti-sharma-/   Hey MSME TALK listeners! Hope you have not missed subscribing to our newsletter for the latest news, blogs, and podcast updates.  We don’t spam your inbox , hence we have highest rate of letter opening in Industry. Subscribe here for Newsletter.  MSMEs & startups are looking for various kinds of supports & upgrade. Are you a Product, Service Provider, Expert, Advisor, Consultant, Mentor for MSMEs/Startups? Reach out to MSME TALK to list your business. Fill the form to help us reach out to you. MSME TALK Podcast enters Peak Ranking Chart of 20+  Countries in the Apple Podcast Country Entrepreneurship Category.   WhatsApp : Send hi - https://wa.me/918097665085LinkedIn Facebook Instagram Twitter Website Contact us : [email protected] to  All Social Media , Podcast  etc links at one place  Please give your rating and reviews on apple podcast or Spotify