dylan’s Podcast

dylan’s Podcast

By Dylan GallagherSociety & CultureBusinessEntrepreneurshipReligion & SpiritualityChristianityPersonal Journals
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dylan’s Podcast episodes

  • What does your business #OwnOweMakeSpend?
    Do you know what your business owns and owes? Do you know what your business makes and spends? More importantly - do you know what the equity is in your business or what it might be worth? It's typical for an entrepreneur or for someone running a business to say "yes I know what we make and spend" but unlikely that they know what they own/owe and what the equity in their business is or what the value might be. Small and medium sized businesses can be so focused on surviving that they often don't take time to see if the needle is moving in the right direction with respect to the equity or value of their business. This is unfortunate because one of the very reason businesses are started is to build value and one day be able to cash in or have that value recognized.
    So where is the best place to start if you can relate to this? Listen now to find out.
    Watch this episode on YouTube: https://youtu.be/htHfjnEaVXI
    Facebook: http://bit.ly/2ntaWI7
    LinkedIn: www.linkedin.com/in/gallagherdylan
    11 min
  • What is opportunity cost?
    "...the loss of potential gain from other alternatives when one alternative is chosen."
    Running a business comes with an never ending series of trade offs and there are times when critical decisions need to be made that seem to have greater trade offs than what you may be accustom to. This can be particularly agonizing when a decision involves needing expertise that you may not have access to - like financing. When given an opportunity to profit from a decision that involves needing to find capital, often times entrepreneurs and business owners will either lean in and commit or miss the opportunity as a result of their lack of knowledge. Opportunity cost is a real concept that impacts many businesses but here are some things that might help you if you find yourself in a position where a gain to your business will involve being creative with how you find the capital to take advantage of it.
    Watch this episode on YouTube: https://youtu.be/icc0b2sLqqw
    Facebook: http://bit.ly/2ntaWI7
    LinkedIn: www.linkedin.com/in/gallagherdylan
    8 min
  • Cash in the bank is not profit
    If you have ever been confused about what net profit is you can take comfort in knowing that even the great Sir Richard Branson admits that understanding net profit can be tricky (click here to read more). I have had numerous conversations over the years with entrepreneurs and individuals running businesses that have done a great job explaining how their business generates gross revenue from the products they sell or the services they provide but can't easily sketch out how the business earns net profit. It can be tricky but it can also be the difference between having a great business and a business that barely gets by or seems to never have enough cash. So what do you do? Listen now to find out.
    Watch this episode on YouTube: https://youtu.be/LhVWbGd-1Co
    Facebook: http://bit.ly/2ntaWI7
    LinkedIn: www.linkedin.com/in/gallagherdylan
    10 min
  • Do you know who to #getmoney from for your business?
    Let's face it. Entrepreneurs and business owners are always looking for money. I find it interesting that many folks running a business who need money don't take the time to really understand how much money is actually out there and available to them. When words like "money, financing and capital" are used they can cause someone's eyes to glaze over as these terms are associated with confusing and uninteresting concepts. The truth is that money can be complicated and boring to understand but it doesn't have to be. Listen now to discover why.
    Watch this episode on YouTube: https://youtu.be/aQfJz1-L5kY
    Facebook: http://bit.ly/2ntaWI7
    LinkedIn: www.linkedin.com/in/gallagherdylan
    7 min
  • Business in a tough spot? You're #notalone
    For almost two decades I have seen many different types of financial challenges for businesses including my own. One of the scariest moments of my life was the financial crisis of 2008/2009 as I had never witnessed or had to manage a business through a market correction. It was high speed learning and years later the lessons are still relevant not just for myself but in seeing and helping businesses manage their way through a tough spot. What do you do when your business is in a tough spot? Listen and find out.
    Watch this episode on YouTube: https://youtu.be/tbH1H1Bb1QY
    Facebook: http://bit.ly/2ntaWI7
    LinkedIn: www.linkedin.com/in/gallagherdylan
    7 min
  • Business in a tough spot? You’re #notalone

    For almost two decades I have seen many different types of financial challenges for businesses including my own. One of the scariest moments of my life was the financial crisis of 2008/2009 as I had never witnessed or had to manage a business through a market correction. It was high speed learning and years later the lessons are still relevant not just for myself but in seeing and helping businesses manage their way through a tough spot. What do you do when your business is in a tough spot? Listen and find out.


    Watch this episode on YouTube: https://youtu.be/tbH1H1Bb1QY


    Facebook: http://bit.ly/2ntaWI7


    LinkedIn: www.linkedin.com/in/gallagherdylan


     

    7 min
  • Is your business an artist or a thief?
    I have been paying attention to some of the news and the interviews surrounding the upcoming Snap (Snapchat) IPO and found one with Jason Calacanis particularly interesting (click here to watch). He mentioned that the story of Snap is akin to the story of the artist and the thief placing Snap as the artist and Facebook as the thief. Snap creates and innovates great products and features while Facebook steals them and incorporates them into their own products and features. I was interested in the comment for other reasons. I think its important to know if your business is an artist or a thief because I believe it impacts the financial results and expectations for your company. Is your business an artist or thief? Listen now to find out.
    Watch this episode on YouTube: https://youtu.be/50cH617rY94
    Facebook: http://bit.ly/2ntaWI7
    LinkedIn: www.linkedin.com/in/gallagherdylan
    7 min
  • It's a sad day when you learn of a #failedbusiness
    A few months back our family bought a piano from a local piano refurbisher and after making several phone calls to book an appointment to have it tuned with no response, I decided to stop by the business to see if I could speak with the owner personally. I had met him when we purchased the piano and learned that he had been in business for more than 20 years. On this particular morning when I drove up to the front door it became obvious that the business had shut its doors as the space was empty except for the sign still displayed on the front of the building. What happened with this business? Listen now to find out.
    Watch this episode on YouTube: https://youtu.be/-gxSgN3qYI4
    Facebook: http://bit.ly/2ntaWI7
    LinkedIn: www.linkedin.com/in/gallagherdylan
    10 min
  • It’s a sad day when you learn of a #failedbusiness

    A few months back our family bought a piano from a local piano refurbisher and after making several phone calls to book an appointment to have it tuned with no response, I decided to stop by the business to see if I could speak with the owner personally. I had met him when we purchased the piano and learned that he had been in business for more than 20 years. On this particular morning when I drove up to the front door it became obvious that the business had shut its doors as the space was empty except for the sign still displayed on the front of the building. What happened with this business? Listen now to find out.


    Watch this episode on YouTube: https://youtu.be/-gxSgN3qYI4


    Facebook: http://bit.ly/2ntaWI7


    LinkedIn: www.linkedin.com/in/gallagherdylan


     

    10 min
  • Don't be fooled by #fakemath
    I was listening to a podcast by Gary Vaynerchuk this morning as he was giving a keynote speech and he mentioned the term "fake math" to define a concept related to marketing and advertising but it stuck me as being completely appropriate for entrepreneurs and business owners. #fakemath tends to be a real problem for businesses that generate less than $25,000,000 in gross revenue. What I mean by #fakemath is the difference between what a business expects to make or achieve and what they are actually making and achieving. Listen now to see if your business is a victim of #fakemath.
    Watch this episode on YouTube: https://youtu.be/RgeQCfOyYwc
    Facebook: http://bit.ly/2ntaWI7
    LinkedIn: www.linkedin.com/in/gallagherdylan
    7 min

About dylan’s Podcast

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dylan’s Podcast explores entrepreneurship through the lenses of finance, faith, and the future. Drawing on real-world experience, he blends economic insight, personal stories, and quiet spiritual…