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DFW Business Culture

Mar 6, 2019

In this episode, Tom and Michael Welch discuss:

  • The growing CBD and hemp industry.
  • The recent farm bill that legalized growing hemp.
  • How to learn from your competitors.
  • Why research is key to kickstarting a new business.

Key Takeaways:

  • Your competitors are your best benchmarks for success/failure in your industry.
  • Research your industry, competitors, products, and services as much as you can before starting a new business.
  • While some businesses may not seem profitable at first, a slight pivot in your product/service can lead to success.
  • When hiring, always look for candidates who are qualified as well as fans of your product/service.


Connect with Michael Welch President & CEO, Rocky Mountain High Brands:




Twitter: @LiveHEMPd

You can also click here to buy their products on Amazon.


Connect with Tom Niesen Owner & CEO, Acuity Systems, Inc:


Phone: 972-860-8695 x223