In a high-stakes, ever-changing landscape marked by supply chain disruptions, rising costs, and economic uncertainty, how do the most successful small businesses gain a competitive edge? CNBC’s Small Business Playbook offers essential strategies to help owners turn obstacles into opportunities—covering everything from accessing capital and leveraging cutting-edge AI tools to curating the perfect tone to connect with your customers. Featuring expert insights, real-world case studies and forward-thinking tactics, this deep dive into American entrepreneurship empowers small business owners to adapt, grow, and thrive in today’s economy.
For CNBC Small Business Playbook editorial coverage, stories and video, visit www.cnbc.com/small-business-playbook/.
Jonah Berger is a Wharton School professor and internationally bestselling author of Magic Words, Contagious, Invisible Influence, and The Catalyst.
Dr. Berger is a world-renowned expert on natural language processing, change, word of mouth, influence, consumer behavior, and why things catch on. He has published over 80 articles in top‐tier academic journals, teaches one of the world’s most popular online courses, and popular outlets like The New York Times and Harvard Business Review often cover his work. Berger has keynoted hundreds of major conferences and events like SXSW and Cannes Lions, advises various early-stage companies, and consults for organizations like Apple, Google, Nike, Amazon, GE, Moderna, and The Gates Foundation.
Here are some examples of media coverage: NPR’s Marketplace, Wall Street Journal, CNBC, USA Today, Fast Company Profile, Harvard Business Review, and The New York Times.
Rick Caruso is a business innovator, civic leader and philanthropist. He is the founder and Executive Chairman of Caruso®, one of the largest privately held real estate companies in the United States.
The company has achieved a compounded annual growth rate of nearly 20% since its inception.
Its portfolio includes renowned retail, residential, mixed-use properties that focus on customer experiences and serve as timeless town centers. His newest addition is a Forbes 5 Star resort, Rosewood Miramar Beach, in Montecito, California. As cited by Green Street Advisors, Caruso properties consistently outperform traditional shopping destinations and sales per square foot, with results three times the industry average.
He served three mayors as the youngest Commissioner in the city's history when Mayor Tom Bradley appointed him for the L.A. Department of Water and Power. Mayor Hahn selected Caruso as President of the L.A. Police Commission where he led the effort to overhaul the Los Angeles Police Department and recruited William Bratton as Chief of Police. Together, they reduced the city's crime rate to the lowest levels in 50 years.
He and his wife, Tina, founded the Caruso Family Foundation, dedicated to supporting organizations that improve the lives of at-risk children in need of healthcare and education.
Caruso, a long-serving member of the USC community, endowed the USC Caruso Department of Otolaryngology at the Keck School of Medicine and the USC Caruso Catholic Center.
Caruso was asked to serve as Chair of the University Southern California's Board of Trustees. As Chair, he oversaw transformational reforms to the university's culture and the Board's governance model to ensure accountability and oversight.
In the aftermath of the recent fires in Los Angeles, he and Tina gave a $5 million lead gift to raise $20 million for critical resources for Los Angeles Fire Department. This $20 million goal was met in 6 days. Following this, Caruso founded and launched Steadfast LA, a civic nonprofit organization dedicated to accelerating the rebuilding of Los Angeles.
Richard Christiansen is a gardener, traveler and world-builder. Originally from rural Australia, Christansen moved to the United States and founded Chandelier Creative agency in 2005. Leading teams in New York, Los Angeles, and Paris, he worked on strategy, creative direction and campaign ideation for Hermes, Cartier, Lane Crawford, Calvin Klein, Madewell, Nike, and many others.
In 2020, in an effort to assist the farmers who were struggling in the Los Angeles area as a result of the Covid-19 pandemic, Richard launched Flamingo Estate with a CSA program. What began as selling produce boxes has grown into a self care brand that champions botanical wellness and pleasure from Mother Nature.
He believes in the power of green thumbs and middle fingers and has devoted himself to connecting and supporting the best regenerative farmers and growers in America, to harvest the best ingredients. Flamingo Estate is now a collection of over 150 products working with a network of over 125 Regenerative farms.
Christiansen is a proud supporter of The Jane Goodall Institute. He lives in Los Angeles with Harvey, his dogs, chickens, goats, and bees.
Lena Imamura is an artist, systems builder, and creative alchemist based in New York City. She shapes energy into form through light, technology, and creative infrastructure.
From early work in artist collectives and cultural institutions to founding Acountess (financial management for artists) and co-founding GLO Studio (a pioneering custom neon company), Lena has spent her life building containers where creative ideas become reality. Today, she serves as the artist behind GLO Studio, a partner at Metalabel (a new platform for collective creative release), and co-founder of GLO Modern (an experimental gallery-store for art and design). Across all her ventures, she is focused on growing systems and spaces that help artists — including herself — thrive.
*Agenda subject to change
2:00pm ET
2:05pm
Small businesses continue to be weighed down by a shrinking labor force, unrelenting wage pressures, and unavoidable price hikes. Expert insights from LinkedIn Chief Economist Karin Kimbrough on current inflation and labor trends, AI’s impact on work, and tips to navigate today’s challenging landscape.
Karin Kimbrough, LinkedIn Chief Economist
Interviewer: Courtney Reagan, CNBC Senior Retail Reporter
2:15pm
For many entrepreneurs, growing a customer base is a never-ending challenge, especially on social media when it feels like most of the time you are fighting algorithms for eyeballs. So, what’s the secret to turning your passion into a fulfilling and profitable business? Lena Imamura, owner of a neon light business, shares strategies that have been key to her success, while also struggling with crushing rent, recruiting talent and material costs.
Lena Imamura, GLO Studio Co-Founder
Interviewer: Courtney Reagan, CNBC Senior Retail Reporter
2:25pm
The right language can directly influence how your current and future customers think and act. A professor at one of the country’s leading business schools will offer tips on how to communicate more effectively and to persuade people to buy what you’re selling.
Jonah Berger, Wharton School Professor
Interviewer: Kate Rogers, CNBC Restaurant & Small Business Correspondent
2:35pm
Every business owner dreams of creating a lasting brand, but only a handful succeed. Enter Flamingo Estate Founder Richard Christiansen, who went from pandemic vegetable farmer to one of the most sought-after luxury produce, fragrance, and seasonal pantry goods suppliers around. Heirloom tomato candles and LeBron James honey, anyone? From regenerative farm partnerships to retail pop-ups and celebrity collaborations, learn how to go from grassroots to multi-million-dollar business in record time.
Richard Christiansen, Flamingo Estate Founder
Interviewer: Julia Boorstin, CNBC Senior Media & Tech Correspondent
2:50pm
Sponsored and programmed by: Mastercard
In an increasingly competitive marketplace with shifting consumer behaviors and digital acceleration, small businesses stand at a critical crossroads. The heartbeat of local economies and the engine of global innovation—they also face disproportionate challenges in times of change and transformation. But with change comes opportunity. This session will help business owners understand how to go beyond the status quo and offer insights and guidance to move forward with confidence, stability, and security.
Mark Barnett, Mastercard Global Head of Small and Medium Enterprises (SME)
Interviewer: Jen Rogers, CNBC Events Contributor
3:00pm
The 2025 Los Angeles wildfires have resulted in $250 billion in economic, property and employment losses, and nearly 45 percent of commercial buildings destroyed. Two local business owners impacted by this historic disaster share their frustrating road to recovery as they navigate revenue losses, financial aid and insurance red tape. And we’ll get an update from a leading developer working to fast-track the rebuilding process for disaster survivors.
Rick Caruso, Caruso Founder & Executive Chair
Gordon Wong, Knolls Pharmacy Co-Owner
Shirley Wong, Knolls Pharmacy Co-Owner
Moderator: Contessa Brewer, CNBC Correspondent
3:10pm
Whether it is recovering from natural disasters, expanding your company or securing a loan, small business owners do not have to face challenges alone. U.S. Small Business Administrator Kelly Loeffler shares new initiatives and policies aimed at supporting Main Street economies and job creators to start, grow and succeed.
Kelly Loeffler, U.S. Small Business Administration 28th Administrator
Interviewer: Kate Rogers, CNBC Restaurant & Small Business Correspondent
3:25pm
Mastercard powers economies and empowers people in 200+ countries and territories worldwide. Together with our customers, we’re building a resilient economy where everyone can prosper. We support a wide range of digital payments choices, making transactions secure, simple, smart and accessible. Our technology and innovation, partnerships and networks combine to deliver a unique set of products and services that help people, businesses and governments realize their greatest potential.
Empowering small and medium enterprises to grow your business.