As a former pilot I had to learn to read and understand the instruments on the dashboard of the airplane in order to have a successful flight. It is the same in your business, you need to understand the instruments on your business dashboard in order to have a successful business.

What you will learn in this podcast:

-What are the instruments on your business dashboard

-As a business owner, you must understand the language of business

-There are three main instruments on your business dashboard and they interact with each other

-There are only four ways to get cash in your business

If a business is doing well or not doing well, it all comes down to leadership. As leaders we must upgrade our leadership skills to learn to become a more effective leader.

What you will learn in this podcast:

-The 7-steps to more effective leadership

-The leadership skills you learned when you started out as leader have most likely changed

-To be an effective leader you must upgrade your skills

Creating and sustaining a good relationship with your banker became very obvious during the recent Paycheck Protection Program. If you did not have a relationship with your banker before applying it became difficult to impossible to get funding. Creating a good relationship with your banker begins before you actually need their assistance.

What you will learn in this podcast:

-Why it is important to have a good relationship with your banker

-The ten keys to a successful relationship with your banker

-What you should not do if you want a healthy banking relationship

The lack of cash in a business is the number one problem many business owners experience no matter their size. The lack of cash can kill your business just like Kryptonite would kill Superman.

What you will learn in this podcast:

-Inventory while nice to have and an asset on the balance sheet could be killing your cash flow

-That excess inventory sitting in your warehouse is tying up cash

-We must manage the days to cash within your business in order to have adequate cash flow

The pandemic has caused a significant disruption to business. It was like driving your car at 80 mph and slamming into a brick wall. How do you go forward from here. Listen to my recent podcast on relaunching your business after the pandemic.

What you will learn:

-Your customer needs may have changed

-You will most likely have to examine your strategy moving forward

-Even greater focus is needed on meeting customer needs

-We must reorganize our businesses to meet those needs

As we change directions within our businesses intentionally or due to a response to the recent pandemic, it is imperative that we keep the pressure on the yoke to sustain that new direction or your business will go back to the way it was due to momentum.

What you will learn in this podcast:

-The change in the business environment due to the pandemic may require you to change direction within your business

-We must stay focused and keep the pressure on the organization until the new direction is sustained

-If we don’t keep the pressure eon, the business will go back to business as usual or the status quo

Every business has been affected by the pandemic, but the sky is not falling if you have been paying attention to the fundamentals of business success. Listen as Gary explains twelve fundamentals of business success that every business owner needs to be paying attention to.

What you will learn in this podcast

-If your business was not executing on the fundamentals of business pre-pandemic you are most likely in deep trouble. 

-Even if you were following the fundamentals pre-pandemic you may need to reevaluate your business processes 

-Now more than ever it’s time to focus on the fundamentals of business success

Generating metrics in your business will help you to better understand your financials and to develop trends that will allow you to ask better questions in order to make better decisions.

It’s critically important in business to understand the financials or the numbers that drive your business towards success. It is also necessary to dive deeper into your financial numbers to allow you to ask better questions in order to make better decisions. What you will learn in today’s podcast:

- How to gain a deeper understanding of your financial numbers

- How to develop critical metrics

- How the trend can help you see what is actually happening in your business

Listen to Gary explain the importance of developing metrics in your business.

Without cash flow in your business, you do not have a business. Listen as Gary explains six important steps to improve your cash flow. [powerpress]...Read more »