Business By The Numbers

Numbers Don’t Lie, They Also Don’t Tell the Truth [THA 290] - Remarkable Results Radio Podcast

Listen Later
The gang’s all here; we have the entire Aftermarket Radio Network together for an important episode inspired by the movie Moneyball. We all have experience with people who are not our top performers, but are we better to have them on the team than not? You know them; they are consistent, reliable, steady, and contributors. Are they worth replacing? Will they become the best or top performers, or do they help strengthen our overall performance? A great discussion among your peers.

Watch the Episode on YouTube

Hunt Demarest, CPA, Paar Mellis and Associates, Business by the Numbers Podcast

Matt Fanslow, Riverside Automotive, Red Wing, MN, Diagnosing the Aftermarket A to Z Podcast

Kim and Brian Walker, Shop Marketing Pros, Auto Repair Marketing Podcast

Chris Cotton, AutoFix Auto Shop Coaching, Chris Cotton Weekly Blitz Podcast

Key Talking Points
  • What REALLY contributes to production?
  • Simpson Paradox
  • Simon Sinec points out that Navy Seal teams value Trustworthiness far, far more than Performance.  VIDEO HERE 
  • Tech productivity is one of the most important aspects of business, but how can these numbers skew what that employee is really doing (helping others, sharing duties outside of production, etc.)
  • Are there some numbers or metrics that actually can look too good, which could cause an issue for growth or retention
  • Numbers don’t lie, but sometimes can be misleading. Do your numbers match up with what you are trying to do with the business?
  • You have to have your head up and eyes wide open to make sure you can identify the "doers" in your group. 
  • Do you have a scorecard for success for your technicians?
  • Pay plans; incentive greatness
  • Who are your ‘support people' to contribute and make the whole picture better
  • Culture is contagious
  • Training when hiring-
  • Weaknesses- be honest with eachother
  • Fine balance- profitability aspect, you can’t have a shop full of unicorns
  • Removing obstacles

    • Connect with the Podcast

    Aftermarket Radio Network

    Subscribe on YouTube

    Visit us on the Web

    Follow on Facebook

    Become an Insider

    Buy me a coffee

    Important Books

    Check out today's partners:
    Shop-Ware: More Time. More Profit. Shop-Ware Shop Management getshopware.com
     
     
     
    Delphi Technologies: Keeping current on the latest vehicle systems and how to repair them is a must for today’s technicians. DelphiAftermarket.com
    ...more
    View all episodesView all episodes
    Download on the App Store
    Business By The NumbersBy LSTN Media LLC
    • 5
    • 5
    • 5
    • 5
    • 5

    5

    27 ratings

    More shows like Business By The Numbers

    View all
    The EntreLeadership Podcast by Ramsey Network

    The EntreLeadership Podcast

    4,386 Listeners

    Remarkable Results Radio Podcast by Carm Capriotto, AAP

    Remarkable Results Radio Podcast

    69 Listeners

    THE ED MYLETT SHOW by Ed Mylett | Cumulus Podcast Network

    THE ED MYLETT SHOW

    14,048 Listeners

    The Martell Method w/ Dan Martell by Dan Martell

    The Martell Method w/ Dan Martell

    569 Listeners

    Ratchet+Wrench Radio by Ratchet+Wrench

    Ratchet+Wrench Radio

    24 Listeners

    Maxwell Leadership Podcast by John Maxwell

    Maxwell Leadership Podcast

    2,448 Listeners

    Ken McElroy Show by Ken McElroy

    Ken McElroy Show

    720 Listeners

    The Institute’s Leading Edge Podcast by institutesleadingedgepodcast

    The Institute’s Leading Edge Podcast

    6 Listeners

    Changing The Industry Podcast by David Roman & Lucas Underwood

    Changing The Industry Podcast

    82 Listeners

    Just One Thing by Rick White

    Just One Thing

    1 Listeners

    Chris Cotton Weekly Blitz by Chris Cotton

    Chris Cotton Weekly Blitz

    5 Listeners

    Diagnosing the Aftermarket A to Z by LSTN Media LLC

    Diagnosing the Aftermarket A to Z

    18 Listeners

    Gearbox Podcast by Jimmy Purdy

    Gearbox Podcast

    13 Listeners

    The Auto Repair Marketing Podcast by LSTN Media LLC

    The Auto Repair Marketing Podcast

    4 Listeners

    Confessions of a Shop Owner by Mike Allen

    Confessions of a Shop Owner

    10 Listeners