Every business owner wants to maximize profitability and cash flow. But we often get confused on where to start or what to do. We’re not sure if the decisions we’re making are helping or hurting. Should we just leave profitability to luck or does it take a disciplined, thoughtful approach? I love to play golf….
Every business owner has a big dream for their business and wants to make it happen. The problem is that sometimes we hire people that don’t share our core values or core focus. These people may behave in a way that we don’t understand because it’s not who we are. It shouldn’t be so hard…
Every business owner has a big dream for their business and wants to make it happen. However, sometimes a lapse of curiosity can cause a company to fall from great to just good. It’s likely that it happens to all businesses at some point. But I believe adopting or re-discovering curiosity will put a business…
What happens if good is not good enough? We don’t want to be good leaders, we want to be great leaders. Every leader has a big dream for their company and wants to make it happen. But their energy is often channeled inward. It’s about them, not about their employees. It shouldn’t be so hard…
Every employee has a big dream for their career and wants to make it happen. The problem is that many people don’t know where to start or what to do to drive their own development. Planning your career can be confusing and frustrating. It shouldn’t be so hard to find a place where you are respected and…
We’ve talked recently about the importance of having the right mindset and skill set in sales, along with how to work your way through the buyer-seller dance. Once you’ve mastered those, it’s important to look at your level of activity. I’ve sold professional services my entire career. First in banking, then in my coaching practice. Because…
The buyer-seller dance is a metaphor for the dynamic that occurs between buyers and sellers during a sales call. Both parties have their own goals and agendas, and they are constantly trying to influence each other. Who leads in the buyer-seller dance depends on a number of factors, including: In my experience, if we don’t…
Having success in sales can sometimes feel easier said than done. It takes hard work, dedication, and a willingness to learn and grow. It also takes the ability to overcome rejection and setbacks. I was asked by a former coworker in banking to provide sales training to their commercial bankers. Because I had run sales…
On this episode of ProfitSense, we welcomed three accomplished company leaders to delve into various aspects of successful businesses, financial management, and future planning. Andrew Sullivan, Sullivan and Schlieman Wealth Management, discussed year-end financial planning and common issues that prevent people from achieving financial success in retirement. Ken Madren of PermaTherm shared the impact of communication on business…
Dee Barnes, CEO of Evans Tool and Die, joined host Bill McDermott to discuss how her 75-year-old family-owned business has successfully navigated the manufacturing industry’s challenges and embraced its opportunities. Dee focused on the importance of trade skills within the sector and the resurgence of manufacturing in the United States. They also delved into how…
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