Podcasts about profitability

Dennis Holland talks about his research into the strength of supervisor-employee relationships and how it influences profitability. Dennis is the CEO of Quantum Connections and the creator of the Net Connected Score (NCS). He explains the metric and how leaders and organizations benefit from building stronger workplace connections.  Listen for three action items you can use today. Host, Kevin Craine Do you want to be a guest? https://Everyday-MBA.com/guest This episode is supported by the Naveen Jindal School of Management 

Joining us today is bestselling author, Mike Michalowicz, to tell us about his upcoming, and most personal book yet, The Money Habit. Mike shares how past failures led him to rethink profitability,  and expounds on the “four-week vacation test” from Clockwork, and how most entrepreneurs mistakenly equate growth with success, and how to break through the marketing noise by doing the opposite of what everyone else is doing! If you like this episode, here are more episodes we think you'll enjoy: Ep #535 - Mark Drager – Reinventing Business and Brand Strategy From Collapse to Clarity Ep #519 - JM Ryerson – Leadership that Creates Growth, Profit and Results Check out the show notes for more information! P.S. Whenever you're ready, here are some other ways I can help fast track you to your Freedom goal (you're closer than you think): 1. Schedule a Call with My Team: If you'd like to replace your active practice income with passive investment income within 2-3 years, and you have at least 1M in available capital (can include residential/practice equity or practice sale), then schedule a call with my team. If it looks like there is a mutual fit, you'll have the opportunity to attend one of our upcoming member events as a guest. 2. Get Your Dentist Retirement Survival Guide: The winds of economic change are here, and now is the time to move to higher ground. This guide gives you the steps to protect your retirement, your family, and your peace of mind. Get the 25-point checklist here. 3. Get Your Free Retirement Scorecard: Benchmark your retirement and wealth-building against hundreds of other practice professionals, and get personalized feedback on your biggest opportunities and leverage points. Click here to take the 3 minute assessment and get your scorecard.

Keywords:  Seth Spears, marketing, entrepreneurship, online business, wellness, podcasting, SEO, digital marketing, personal care products, business growth, business, marketing, audience, sales, wellness, health products, scaling, customer acquisition, entrepreneurship, product development, business scaling, supply chain, sustainability, consumer behavior, manufacturing challenges Summary:  In this conversation, Mitch Beinhaker interviews Seth Spears, who shares his journey from a humble upbringing in Bowling Green, Kentucky, to becoming a successful entrepreneur in the marketing and Wellnesse industries. Seth discusses his early career in collegiate admissions, his transition to digital marketing, and the founding of his marketing agency, Spears Marketing. He also highlights the growth of Wellness Mama, a health and wellness platform, and the challenges of launching his own personal care product line, Wellnesse. Throughout the discussion, Seth emphasizes the importance of understanding market needs, building an audience, and leveraging digital marketing strategies. In this conversation, Seth Spears and Mitch Beinhaker discuss the challenges and strategies of building a successful business in the Wellnesse industry. They emphasize the importance of having a loyal audience, the critical role of marketing, and the necessity of understanding customer acquisition and scaling challenges. They also delve into the significance of questioning industry standards and the impact of marketing on consumer choices. In this conversation, Mitch Beinhaker and Seth Spears discuss the challenges of scaling a business, particularly in the retail sector, where cash flow and inventory management are critical. They explore the importance of understanding financials and the impact of supply chain issues on manufacturing. The discussion shifts to sustainability, highlighting the growing trend of companies prioritizing eco-friendly practices and materials. They also address consumer behavior regarding recycling and the complexities of creating sustainable products in a market driven by convenience and cost. Takeaways Seth grew up in Bowling Green, Kentucky, and always wanted to own a business. He started his career in collegiate admissions but quickly realized it wasn't for him. Seth created a course to help homeschool students prepare for college. He learned web design and SEO to promote his consulting business. Seth transitioned to helping local businesses with their online presence. He co-created a health and wellness blog that became very successful. Seth's marketing agency, Spears Marketing, grew from helping friends and family. He launched Wellnesse Mama, which became a leading health and Wellnesse site. Seth emphasizes the importance of having an email list for marketing. He faced challenges in the personal care market but leveraged his existing audience. Cutting off email notifications helps reduce noise. Having a loyal audience is a significant advantage. Many businesses fail due to lack of audience understanding. Sales skills are essential for business success. Customer acquisition is a major challenge for growth. Research and development are crucial in health products. Questioning industry standards is necessary for consumer safety. Marketing heavily influences consumer choices and habits. Scaling a business requires careful planning and execution. Profitability from day one is vital for sustainable growth. [object Object] Titles From Homeschool to Entrepreneur: Seth Spears' Journey Building a Marketing Empire: Insights from Seth Spears The Evolution of Wellnesse: Seth Spears on Health and Business Navigating the Digital Marketing Landscape with Seth Spears Seth Spears: From College Recruiter to Marketing Mogul Sound Bites "I realized that I had a skill set." "We started a podcast for it in 2014." "Creating a loyal audience is crucial." "Sales is the highest paid profession." "Marketing shapes our consumer habits." "You can't companies the money to burn." "Retail is so much more cash intensive." "Direct-to-consumer model is so great." "You have to know your financials." "Sustainability is becoming a priority." "Bamboo is a more sustainable material." Chapters 00:00 Introduction and Setting the Scene 03:06 Seth's Background and Early Career 06:00 Transition to Marketing and Online Business 11:18 Building Spears Marketing Agency 14:19 Growth of Wellness Mama and Podcasting 17:09 Launching Wellnesse and Market Challenges 21:06 Cutting Through the Noise 22:04 The Importance of Audience 23:40 The Role of Marketing in Business Success 25:43 Sales as a Critical Skill 26:38 Challenges in Scaling a Business 30:39 The Journey into Wellness Products 32:51 Research and Development in Health Products 34:53 Questioning Industry Standards 38:10 The Impact of Marketing on Consumer Choices 40:03 Scaling and Distribution Challenges 42:00 Scaling Challenges in Business 45:05 Navigating Supply Chain and Manufacturing 48:04 Sustainability and Environmental Impact 55:03 Consumer Behavior and Recycling Practices

Need to systemise your clinic? Start your free trial of Allie!https://www.allieclinics.com/Want to master time management in your clinic? Join Ben, Jack and Hannah as they discuss the importance of prioritising focus over merely seeking more time, with insights on effective time management strategies, including the Pomodoro technique. Hannah shares her personal experiences managing family and business without sacrificing her time, and Jack shares a story about a clinic owner's remarkable transition from working 60 hours a week to zero hours.Tune in for practical tips that can help you reclaim your time and enhance your clinic's efficiency.What You'll Learn:

Morgan Hamon, co-founder and president of EAG Dental Advisors, returns to the podcast to talk about dentistry financials. As a CPA, Morgan pulls from his experience to talk with Kiera about what it takes to be profitable (beyond revenue and expenses). Episode resources: Subscribe to The Dental A-Team podcast Schedule a Practice Assessment Leave us a review Transcript: Kiera Dent (00:01) Hello, Dental A Team listeners. This is Kiera. And today I am so jazzed. I have one of my absolute favorite guests back on the podcast, Morgan Hamon. He used to be with HDA. They have now upgraded their name to EAG Dental Advisors. Super excited. He's an incredible CPA, does all things dental, loves airplanes. He's been on the podcast so many times. We've had some good chats. Dear friend to me, Morgan, welcome back to the show. How are you?   Morgan Hamon (00:20) Ha ha.   Kiera, I'm doing good. It is so great to be with you and looking forward to our conversation today.   Kiera Dent (00:31) to you and me both. So I have to know since you love airplanes and it's in your background, are you a fan or not a fan of Top Gun? I just need to know.   Morgan Hamon (00:35) Mm-hmm.   You know, I have a soft spot   for that movie because when it came out in 1986, I was 15. And I, you know, I sort of set my sight. That definitely influenced me. said, that's what I want to do. So I went out and did it. And so.   Kiera Dent (00:46) Mmm.   So then how did you like Top Gun Maverick? was the second? Tell me, are you fan?   Morgan Hamon (00:56) That one, the purpose   of that movie was entertainment and it was entertaining, but it was a little, you gotta suspend disbelief a little bit. It was a little nostalgic because that was set in Naval Air Station, Lamar, which is where I was for eight years. So it was pretty cool seeing that and the flying scenes were real. And so they were all filmed out. It's called restricted area 2508, which is where we always used to fly. So it was pretty nostalgic seeing some of the flying scenes back where we used to go fly.   Kiera Dent (01:17) Mm-hmm.   Morgan Hamon (01:26) But technically, there's a little, like any movie, there's a little Hollywood going on there. But it was entertaining.   Kiera Dent (01:26) No.   can't   How cool though that they like made a spot for Iceman with him having throat cancer. I thought that was incredible. Like way to go Tom Hanks. So I know you guys didn't come to the podcast to hear Morgan and I talk about top men, but we're going to segue now because Morgan does all things. We love to talk profit. We love to talk taxes. We love to talk all things nerding out on CPA land, which I have really truly fallen in love with like understanding my numbers. So this is a soft spot for me, but   Morgan Hamon (01:39) Yes   Yep.   Hahaha   Mm-hmm.   Kiera Dent (02:01) Morgan said he won the topic today, which I think is a sexy topic and I cannot wait where he said leadership relates to profitability. And I said, Morgan, sign me up. Here we go. So Morgan, this is our time. This is our topic because I absolutely agree with you that leadership does relate to profitability, but take it away. And then we're to dig into tax savings. We're going to dig into all this stuff and who knows where else we're going to go, but ⁓ it'll be a great one. It always is.   Morgan Hamon (02:16) Mm-hmm.   Yes.   Well, think   this topic has evolved with me a little bit, because we've been doing this 15 years and going now. And so a lot of conversations over the years. And I've always thought about profitability, which let's face it, that's why we own businesses. We don't own businesses to pay tax. We own businesses to make a nice living and have some control over our lives. So you've to have profit, and it's hard owning a business. So if we don't have adequate profit, why bother? ⁓   Our mission has always been to really focus on profit, give our doctors feedback on what that profit is, and diagnose if things are, you know, if there's something that could put more money in their pocket. Now, with my CPA hat on, right, there's two parts of that profit equation. There's the expense side of the equation and the revenue side of the equation. And so for a lot of years, I mean, that's where our focus has been.   But I've recently, last year or two, I've really come to the conclusion, look, there's a third component there, right? And it's not math, I can't point to the P &L. But where this comes from is I get asked all the time about, and it's from the clients either considering a startup or purchasing a practice, and they'll say, okay, Morgan, you got clients all 50 states, like where's the great area? Where should I go where folks are doing well?   Kiera Dent (03:27) Ooh, I can't wait.   Morgan Hamon (03:47) I that question. I get asked, hey, do you have a special report for pediatric dentists? Because I'm going to be pediatric, so I'm going to be making more money kind of thing. Or I'll hear a report. Or I'll get a question that, do you have a report just for your clients in California? Because it's like way different out here. And I say, look, the answer is no. We have one report. In geography and specialty,   I think they may influence profitability, but that's not the deal breaker. We have plenty of clients who are specialists. The struggle, we have plenty of clients, like one of our longest term clients is in Nob Hill, San Francisco. She recently moved across the bay, but it's like the most expensive city on the planet. She killed a 55 % profit margin for like 10 years. So geography isn't, that's not how we connect the dots. I think we connect the dots with leadership.   Kiera Dent (04:33) Yeah.   Mm-hmm.   Morgan Hamon (04:43) You know, we have a lot of clients I've known for a long time. I've been with them along with their journey as I've been on my journey, which has been very rewarding. And I've come to the opinion that if we quantify success for a doctor and let's, and we'll talk a little bit more about this when we get to tax, but you know, is it money? Is it time? Is it all the above? If we look at, who's crossed the finish line? Who has the full deal? ⁓ It's the doctor that runs a tight.   Plain and simple. Like you can tell in me talking with them, I know them real well. You can tell by their numbers. Look, they're an amazing clinician, but they're also an amazing business leader. They know how to inspire their team. Their patients feel comfortable. They lead from the front. They just, they do it all. Those are the doctors that have the high profit margin and the high quality of life. It's not geography. It's not specialty, although that can have an influence.   That's the full package. So it is, yes, revenue, expenses, and how well do you lead your practice, in my opinion.   Kiera Dent (05:50) Morgan, I was so happy when I read that and when we were talking about what to bring on because I see it as well. I tell everybody, I can tell walking into a practice even before I walk into the practice, if I've met the leader of the practice, I usually can tell if this practice will be successful or not, truly based on the leader at the helm. And it's interesting because we did, I recently did this at our summit. So people were there, awesome.   Morgan Hamon (05:52) you   Kiera Dent (06:16) If they weren't, that's okay too. But we actually broke down and me and the consultants, we went through all of our clients. Like we looked at the clients, we looked at past clients, we looked at future clients, we looked at different pieces, what were our best clients, what were our worst clients. And I actually broke down, I'm trying to pull it up here, of like common themes of great practices and like great leadership and common themes of the not so good. And so some of the things I've seen in...   Morgan, I'm super curious to hear like what you'd add to our list. Cause I, you see it from a different perspective than we see it. So on my not so good list, these are the ones that like really they always are floundering is they don't trust their office manager. They're sometimes poor clinicians. Like they need to hire somebody else or get some training for that. ⁓ Poor leaders, they have team turnover constantly. They don't implement strategies. They're highly driven by emotion. They don't look at their numbers or their results.   Morgan Hamon (06:45) Mm-hmm. Mm-hmm.   you   you   Kiera Dent (07:11) They do a lot of CE, but they never like implement. They have lots of coaches, but they don't trust and execute. They're half in on everything. So they're not like solid on anything. They want to pay to fix the problem with no self-realization identification that maybe they are the issue. They have ego fear with no accountability. And there's a lot of blame. Like everybody else is the problem. Are some of the things that I've seen and I don't know, like I know I'm putting you on the spot. didn't, I have my nice list over here, but is there anything else you see of patterns? I'm, you and I can both like,   Morgan Hamon (07:30) Mm-hmm. ⁓   Kiera Dent (07:41) in our Rolodex of humans we know are not so good leaders or the practices who aren't as profitable, are there any other things you've noticed in their leadership that maybe isn't as strong?   Morgan Hamon (07:41) No. Right.   Well, that was a very comprehensive list. Once we're done, I'm going to write all those down because I that's very good. If I were to summarize that, if we talk about leadership, it's really about ownership and engagement. You have to own it. Everything's your problem when you're the owner. There's another podcast I like.   Kiera Dent (07:58) Yeah, of course. I'll happily share. I will happily share. And if you get anything else, share back our way too.   Morgan Hamon (08:20) and it's nothing to do with dental, it's all about leadership. And there's a saying, and it's really stuck with me, and I swear I think about this every day, Kiera, when I think about my business and how do we keep doing a good job, is that if there's a problem in your organization, it's a leadership problem. You can trace it all the way back, go any direction you want, it's going to tie back to a leadership problem.   So, if something is going sideways, it ultimately comes back to your leadership as a business owner. So, maybe the staff, maybe there was a bad patient experience, something went sideways with the patient. Was that staff trained? Maybe they were trained, maybe they were not held accountable. Do you have a bad procedure? Maybe the procedure needs adapted. mean, we think about that all the time, constantly adapting, constantly tweaking, and I think you have to do that in any business. If, like you said,   in your list there if people don't want that accountability, there's always making excuses or they don't want to engage. They say, you know, and maybe they are a good clinician. They say, I'd rather just be in the operatory but my staff's a mess. Kiera, come on in here and whip them into shape and let me know when it's all good. You know, that's not how it works. That's not how it works.   Kiera Dent (09:32) Exactly. No, not   only they're part time. I'm not your manager. I'm not your leader. I'm not your boss.   Morgan Hamon (09:38) Right, or you know   what, I'm going to have an hour meeting with my accountant and that should solve it. Like, no, we're going to come up with some action items and then you need to execute those. So you have to own it. Everything's your problem when you own a business. ⁓ And if you own it and you engage, then I think we're on the right path to not be on that extensive list that you gave, which I just love.   Kiera Dent (10:03) right? Yeah, no, and I love it. And   it just made me actually think of something I heard a financial conference and they said EBITDA equals engagement. And I've thought about that a lot because the more engaged your team is, the more engaged you are, honestly, a lot of higher EBITDA there is, I won't leave our audience hanging. I do have the good list and maybe you can add to this to see. So the ones that I found like, that truly just knock it out of the park, these are our most successful right? I'm like, what is their DNA makeup that makes them this great leader?   Morgan Hamon (10:22) Mm-hmm.   Mm-hmm.   Kiera Dent (10:32) and it's their great implementers. They allow the teams to be free, like within the parameters. So they've got a great team culture. They're great at decision-making. They execute, they're consistent. They roll with the punches. They have long-term teams. They make their decisions based on numbers. They're great visionaries. And they know what they're working towards. They don't get distracted. So there's this laser focus that they have. ⁓ And on here, I would also say that they have massive ownership. And they also are not afraid to have the uncomfortable conversations with their team.   Morgan Hamon (10:52) Mm-hmm.   Thank   Mm-hmm.   Kiera Dent (11:02) So   like they truly do, they're excellent at it. They might not be excellent communicators, but they're excellent at like tidying it up, driving their team for success. Those are some of the things I see, but I'm curious if there's anything else you'd want to add to that list because I think you're right. But I think that's a DNA makeup, right? It's people who are disciplined. If I go into the gym, they probably have like strong work ethic. They are laser focused. It's just like, it's who they are in all the aspects of our life, but I don't think they're necessarily born that way.   Morgan Hamon (11:10) Mm-hmm.   Kiera Dent (11:30) I think a lot of them can be, but I think a lot of them create that over time as well. Like it's an evolution of them, not necessarily like, if I'm just born a great leader, like, no, they're constantly working on it, but I'm curious your thoughts.   Morgan Hamon (11:34) Mm-hmm.   Thanks   Yeah,   no, I think that's a good list. If I were to try to tie that together, I would say it's you lead from the front. you know, like all just a personal example for me, like responsiveness is a huge part of our culture. Like, you know, if clients reach out to us, they need to hear back like in a few hours, like today. Lead from the front. is not do what I say. It is do what I do and keep up. Keep up with me.   Kiera Dent (12:03) Yeah.   Morgan Hamon (12:12) Let me show you what I expect. You follow my example and let's go where I'm leading us. I think is when you own a dental practice, you have to do the same thing, whether that's in the daily huddle. You lead by example. If there's a certain patient experience you want your office to have, you have to lead that. They have to be emulating you and say, I sure hope I can do this as well as the doctor. ⁓ Lead from the front. I think you also have to make sure your team understands why their work is important.   Kiera Dent (12:42) cream.   Morgan Hamon (12:42) And   I do that all the time. Why is our work important as well? Because our clients are these dentists. They're drowning in debt. They don't necessarily learn how to run a dental practice in dental school. They're trying to put it all together to make a nice living. And they have probably eight or 10 employees that are accounting on them for their jobs. So our work matters. We're working with people's lives here. So you really have to... ⁓   I think articulate why the work's important and maybe that's not as challenging and don't practice because everybody knows. It's care. They're there to get care. They're in the chair. They're scared. They want to be comfortable and everything's going to be okay. I think you got to lead from the front. You got to say, look, let's do what I do and make sure you keep up with me.   Kiera Dent (13:32) Yeah, no, I love that. I just, think something that I love that you brought this up is I love when I have things internal, as much as it's annoying, that could actually help me become more profitable. It's like, hey, let me go to the gym and work out to be more disciplined. Let me read leadership books to learn how to lead. Let me practice uncomfortable conversations. Let me practice my decision-making. And the reality is like you becoming this person and leadership.   Morgan Hamon (13:34) you   Hehe.   Mm-hmm.   Kiera Dent (14:00) will equate to higher profitability. It's wild. Like I look back at maybe not so strong of leadership days and my business and profitability, I think definitely mirrored and matched where I was. And so also for us to say like, Hey, how do I maybe get to the next level? How can you evolve as a leader as well and be a bit stronger of that good version rather than the not so good version I think is really powerful.   Morgan Hamon (14:10) Mm-hmm.   Hehehe.   Yeah,   I think you really have to recognize whatever industry you're in that your technical skill and your leadership skill are completely different. You have to invest in those skills to acquire those and to maintain them. And just because you could be the most amazing CPA, just brilliant practitioner, that doesn't mean you're a good leader. You could be the most amazing clinician.   Kiera Dent (14:35) 100.   Morgan Hamon (14:51) and just do the most amazing work. That doesn't mean you're gonna be running a ⁓ great tunnel practice. You have to invest in those skills. Just being a smart person with some big degrees, that doesn't do it. You have to acquire those skills. And I didn't realize, I mean, when I was a younger guy in the Navy, I I learned all this. back then, I was just trying to do a good job and...   get killed and and make it all happen. I didn't realize all these amazing lessons and training I was learning because they, mean leadership is, I mean that's first and foremost what we're there to do and so I was very fortunate in that regard but I don't, you you can't, no matter what business you're in, can't rest on your laurels. You got to always be thinking about leadership. Am I being a good leader? Okay, this is going sideways. I need to lead the team back, you know. I can't just, you know, write a memo.   Kiera Dent (15:17) Yeah   Morgan Hamon (15:44) Hey everybody, this is where we need to be. Follow me. Keep up with me.   Kiera Dent (15:49) Yeah, no Morgan, that was such a brilliant piece and I really loved how you just highlighted it and so fun to see that what we see on the team side and the success of the growth and the production and the collections also now correlates with your financial PNL, ⁓ which I think is just magic and it all just ties together. But as you listen to this list and Morgan I talking about it, I also want to just say like if this does not light you up and you're like, ⁓ gosh.   Morgan Hamon (16:05) Mm-hmm   Kiera Dent (16:17) That's okay. You actually can just be an amazing clinician and have somebody actually be the great leader. Just because you opened the practice and you do the dentistry does not mean you need to be the leader of the practice. So I've seen some doctors actually be great implementers. Like they actually would rather execute, implement, do all the ideas and have somebody else be the visionary. That's okay too. And I think like my best thing is know thyself and be free. But if you want to be more profitable, look at this. And I want to take like a sharp   Morgan Hamon (16:18) Mm-hmm.   Mm-hmm.   Hmm.   Mm-hmm.   Yes.   Kiera Dent (16:46) right turn Morgan and talk taxes. It's like, didn't know how to awkwardly like transition. So I'm just gonna like, but I want to talk taxes because I'm like, this also ties into the discipline of leadership, the ownership of leadership and like being freaking savvy to learn how to do taxes better. Like Morgan, I had this client the other day and we were talking and we built this like cute little overhead scorecard for people. We have the EBITDA on there. It comes from the CPAs. So we're like, just make it very simple, like black and white.   Morgan Hamon (16:53) Mm-hmm. Mm-hmm.   Mm-hmm.   you   Kiera Dent (17:15) And then I was like, wait a second, I should throw a tax bucket on there. So like what you're getting paid for your W-2 plus what your profit is, like that gets taxed. I have a doctor, she has been an owner, we're talking 20 plus years. She's like, Kiera, I never knew that my profit had to get taxed. Like I never knew that that extra cash, like I just thought that was cash that came to me. And I'm like, this is why doctors are always broke because they don't know how this works out. So I'm super excited to talk about.   Morgan Hamon (17:21) Mm-hmm.   Mm-hmm.   you   Mm-hmm.   No. Right. Mm hmm.   Kiera Dent (17:45) tax planning, it's mid-year, let's make sure you're not crying in December and like, popping the confetti.   Morgan Hamon (17:46) Yeah.   Yeah, right. And   crying in December. if you recall, ⁓ my topic was just kind of the psychology of tax. And again, this has evolved over time with a lot of conversations. I think...   Kiera Dent (17:54) was New York I'm   The   is like the wise sage over there, Morgan. Like you got, like, just, you're just hanging out over there.   Morgan Hamon (18:09) Well, it's always trying to,   you know, I think about my conversations. How do we kind of empower these dentists to achieve this? And it's all through, I think, education. You've got to understand why. Like this doctor, 20-year-old, didn't understand.   Kiera Dent (18:29) I was like, no, I'm not wearing a strip.   Morgan Hamon (18:30) Every initial consultation   I'm having now with a startup doctor, we do a tax 101 just real quick, takes me like five minutes. Let's get our hands on some concepts here. Why I think this is important to really understand and talk about tax, just kind of how it makes us feel, is because we've had some instances where you have a doctor, and let's just say on our previous conversation, this is how we're gonna tie it together, right? So we have the doctors on that secondary list,   They're rock star. They're killing it. They're making tons of cash. They're engaging the right people. They got the right people in place, and it ultimately results in a lot of success. I've seen people do that, but then when it comes time for tax, they lose sight of all that, and they get just really obsessed about that tax bill. They lose what I'll think of as like peace and fulfillment.   just at the start of the call, I recently got remarried and my wife and I, we talk about that a lot, peace and fulfillment. Why do we have that in life? And that's what we're working for. And I think when you own a business, you're working towards something, right? And we want to have that peace and fulfillment. And I've seen that just get destroyed with people because they get very emotional and overly focused on their tax. And I see the logic just sort of exit stage left.   and we just end up with this very emotional reaction to tax. And who I tend to really direct this conversation to is not necessarily what you just described, Bill. That's kind an interesting one. Usually if someone's been making great money 20 years, they kind of know the program. It is, Kiera, it's the newer owners making real money for the first time in their lives. And that is where there's an adjustment. There's a mental journey they have to go on.   Kiera Dent (20:21) 100.   Morgan Hamon (20:29) And so what I thought today, like, I guarantee you we have some listeners as soon as they heard tax, they're like, what's on their mind is, what's the secret? How do I save more on tax? Well, it does. So, right? So we're going to get to that. All right. Well, we'll get to that. But before we do that, I thought, let's have some straight talk.   Kiera Dent (20:40) It does feel like the CPA's hold back or the secret robot. mean, tell me your Harry Potter rules there, Morgan. I just want to know. I need to find one CPA that just knows the secrets of the trade.   Yeah.   Morgan Hamon (20:58) Let's have some straight talk on tax. Why is this emotional? Why is this hard? Let's just take the journey of a doctor that is an associate doing pretty well with their W-2. We all think that we all go in W-2s. You have mandatory withholding. It comes out of your check, gets fired off to the government. You get your net check and you might look at your paycheck and go, what's all this stuff? don't know. I got my net check. I'm to plan my life around this net check. Then we do the tax return.   There's always a little settle up. You might owe a little, get all my back. You always hope to get a little money back, but generally you just plan your life with never having your hands on that money as a W-2. So now we own a business. You get all that money and then we now have to turn around and pay it back. Now keep in mind your tax rates. Okay. If you are married, Google the 2025 tax rates, right? That's what they are. That's what they are. If you're an employee.   Kiera Dent (21:44) Yep.   Morgan Hamon (21:55) That's what they are if you're the owner of a pass-through business. They are the same. But that act of having to turn around and write a check just is, you gotta become comfortable with that and it's an adjustment. ⁓ And here's the other thing where if we just, okay, let's take all our emotions about tax, let's just kind put it over the side and let's just talk very logically.   Kiera Dent (22:12) I agree.   Morgan Hamon (22:23) If you're gonna make three times as much money, what's also going to be three times as much? Your tax. But it's actually maybe a little bit more, right? We got a progressive tax system, right? So, I think when people become high earners, and they go through the grieving process,   Kiera Dent (22:36) see what we feel. It's awesome.   Morgan Hamon (22:48) And I guarantee you, I'll just talk through this briefly, but Gary, you and I have both been through this. And the doctors that are killing it and making lots of money, they've probably been through it too. But if we think about the grieving process, what's the first step? All right, it's denial. Okay, it's the first year you went from making 200 grand as an associate and now making 700 grand. And we've already written off the equipment and now we got 700 grand income. And you get your tax plan and you're like, what? This isn't for me.   Kiera Dent (22:54) Yes.   Morgan Hamon (23:17) Honey, think our email got hacked. We got this, this can't be right. This isn't mine. You go full on denial, this can't be right. And then we're like, no, I'm sorry. I'm sorry, that is your tax plan. And then we immediately go to anger. I'm so mad. thought Morgan was, I thought Morgan was this cool guy. I'm mad at him.   Kiera Dent (23:22) I'm   Hmm?   I need a different CPA, Morgan. I'm finding a different Harry Potter wizard. I need someone better than you.   Not today, I'm out of here.   Morgan Hamon (23:45) You get angry.   You're like, what the heck? I got this tax bill. So you get kind of angry. And then you go into bargaining and say, you know what? I'm going to go buy a CEREC machine tomorrow. Say, OK. I mean, do you need that? mean, do you do a lot of grounds? So you get all, I'm going to do this, this, and then where people are really in troubles and they stop making their estimated payments. Well, this can't be right. This can't   Kiera Dent (23:53) Hahaha.   Ha   Morgan Hamon (24:14) I'm going to go, I'm going to buy this and this and this. And then we start, there's a 6,000 pound truck. I'm going to go buy this big truck. And I kind of joke around a little bit. Yeah. So you get into bargaining, right? And then you're like, OK, well, gosh, I don't need any other equipment. I'm already doing the stuff. And then you get into depression. You're like, really? Am I going to? I guess this just stinks. And then finally, get to acceptance.   Kiera Dent (24:23) G-Wagon right now. I'm gonna brand it.   Morgan Hamon (24:43) and you realize if you're a high earner, there is a corresponding bill. Now that can be managed. There are ways for legal, perfectly legal tax avoidance to get into the so-called secrets. But you go through this journey. This has just been my, I guess, my 15-year research project. I've been through it personally myself, and I'm a CPA, and I still like writing this check. Dang. ⁓   Kiera Dent (25:06) same.   you   Morgan Hamon (25:13) But,   so that's what we have to, I think, wrap our head around, you understand that. And I encourage people, look, if you're a dentist, and maybe this dentist joins the seven figure club, right? You got seven figure profit, that's pretty amazing, right? That's really good income. But you will have a six figure tax bill. And that's okay. That's okay. ⁓   Kiera Dent (25:37) You will.   Morgan Hamon (25:42) And you just, got to get through to acceptance and take comfort in that you are engaged to take advantage of the legal opportunities that are out there for proper tax avoidance. And that's the, we talk about the secrets, you know, I see these clowns on, on YouTube of like, ⁓ I know the secrets of the tax code. mean, if you see that, I mean, just run. ⁓ There are no secrets. They're all well-known. Like I know all our competitors in our, the dental field and I'm on friendly terms with many of them.   We all know these. We all know the stuff that can be done. Legal tax avoidance. here's, we'll call it the secret, ⁓ Dentists, everyone's part of it. Here's the secrets, okay? Here's the secret. When you have a pass through business, which is what these dental practices are, right? So the business, and this will shed some light on your client 20 years, right? Your business does not pay income tax. The business tax return   Kiera Dent (26:22) Everybody's perking up right now, Morgan. They're like, okay.   Morgan Hamon (26:42) is math. It's absurdly complex math, but it quantifies the profit that's passed it through and gets listed on your personal tax return. And you owe income tax on that profit. That's what it means by pass through. And it's all ordinary income tax. There's no special tax rate for business owners. It's ordinary income tax. So how do we save money? Here's the secret. We have to capture as many expenses that we're otherwise incurring and capture those as business deductions.   When we do that, that lowers profit. Less profit passes through to the personal tax return, you pay less tax. That's the secret. So you have to execute the strategies, right? The home office is perfect for doctors. Totally substantiated, totally mainstream deduction. That's what justifies the car.   You can deduct a car, but that means you have to be engaged. You have to get the mile IQ. You have to understand what is your business percentage use. You have to do this right. You have to document it. There's things you have to do right. Take your board meeting. ⁓ If the cash flow allows, have a qualified retirement plan. Take full advantage of that. ⁓ If you're okay with having staff over to your house, have those meetings at home and have the office rent it from you. again, these aren't... People know these. This isn't...   I'd love to tell you I'm some genius that went and studied the tax code and formulated all these myself. This is out there. What you're engaging with your CPA is folks that will actually bring this to you and do it, but ultimately the doctor has to do it. What I think about is if someone thinks, well, I'm just going to have an hour meeting with my account at the end of the year and they're just going to take care of all of this. That's like saying, you know what?   Kiera Dent (28:07) haha   cringe.   Morgan Hamon (28:30) I know I need to work out and eat right to be healthy but I'm just going to go meet with my doc this fall and that should do it. Maybe they'll give me a pill that'll make me in shape and healthy. But no, you got to do the stuff. So if your accountant tells you, look, take a board meeting, document it properly, there's a proper way to do it, you got to do it. That's how we say the proper legal avoidance. your account comes to you and says, look, it's time to be an S-Corp,   Kiera Dent (28:51) Mm-hmm.   Morgan Hamon (29:00) because the profit is appropriate, you gotta follow the instruction. There's a procedure there and it's gonna save a lot of money on self-employment payroll tax if it's done correctly. You gotta listen, but you gotta engage. There's action items. And so we, ⁓ every September, I made a checklist. You know, again, Navy guy, right? I got a checklist. Log in, do the checklist. I call it our business tax savings maximizer. That's the flashiest, catchiest name I could think of. But like, log in and do it. That's the secret.   Kiera Dent (29:19) I love it.   you   Morgan Hamon (29:29) So, you know, for those listeners that waiting for the secret, that's it, right? We got to capture expenses as business deductions and there is action items for the doctor. It requires that engagement. And to circle back to where what you said earlier, like you can't come into the office and just fix it for them. They've got responsibilities on things to do too and that's the same with tax policy.   Kiera Dent (29:53) I thought that was such a beautiful way. And as you were going through the phases of grief, I'm like, oh yeah, I definitely lived all of those.   Thanks for kicking it off with Top Gun, ending with like tack strategy. Thanks for sharing some of the tips. But truly super honored to work with you and love what you guys are doing for dentists out there.   Morgan Hamon (30:04) Alright.   Kiera,   I always enjoy our visits and look forward to each one. So I appreciate you having me. I really enjoyed it.   Kiera Dent (30:16) course. And for all of you listening, thank you for listening and I'll catch you next time on The Dental A Team podcast.  

In today's MadTech Daily, we cover AI summaries on Google Discover raising publisher concerns, Omnicom topping estimates on APAC strength but seeing its profitability decline, and generative AI adoption in video ads soaring. 

What do you do when wholesale for brick-and-mortar sales suddenly causes you to lose the Buy Box? There's only one thing to do: get out of brick-and-mortar sales. That's exactly what Anna Maria from BabyForte did after large online pharmacies snatched the Buy Box away from her on Amazon. Local pharmacies reacted immediately and negatively to her cautious price adjustment. Since then, she has been focusing fully on her online business again. In this podcast episode, she talks about the three phases a D2C brand goes through when it is being built up, why she continues to invest in her web shop, why she relies on a clearly defined brand portfolio, and why she is not looking for investors at the moment. She also reveals why her team spends every week analyzing click rates.Note from the sponsor Taxdoo:Every marketplace trader can tell you a thing or two about it: different tax rates, different responsibilities, tax advisors who are inexperienced in e-commerce. The taxtech company Taxdoo wants to remedy this situation. Taxdoo offers a comprehensive platform for online retailers who need to carry out legally compliant and efficient sales tax reporting and accounting processes. The software analyzes all sales, fees, and payments, resulting in a transparent and audit-proof solution, is seamlessly integrated with many marketplaces and can handle all EU and UK sales tax processing, including OSS exports. If you want to know more about VAT, read our blog article, in which you will also find a table with all VAT rates in the EU, UK, and Switzerland. Find out more here: https://marketplace-universe.com/vat-traps-7-critical-rules-every-marketplace-seller-in-europe-needs-to-know/Note from the sponsor MediaMarkSaturn:Even though it's only summer, Cyber Week is coming around faster than you think! That means: Plan early. Because the time between November 24th and December 1st is not just a sales boost – it's a full-on operational challenge. The most common mistakes? As Alexander Klinger from MediaMarktSaturn knows it's not enough stock, no prep for returns and customer inquiries, poor product content and shipping KPIs all over the place. MediaMarktSaturn shares participation details 4 to 6 weeks ahead. Secure visibility, top homepage deals are handpicked – only sellers with strong KPIs and competitive prices stand a chance. And use Retail Media wisely. They work, but only if you book them early. For more practical tips see the full interview on Marketplace Universe:https://marketplace-universe.com/good-cyber-week-preparation/Chapters:00:00 Introduction to Supplements in Marketplaces02:32 Anna Maria Silinger: Founder Insights08:38 The Evolution of BabyFORTE13:11 Transitioning from Startup to Mature Company18:56 Profitability vs. Growth Strategies23:31 Exploring New Marketplaces25:56 Shipping and Fulfillment Strategies27:06 Regulatory Challenges in the Supplement Industry29:49 Lessons from Physical Pharmacy Partnerships33:17 Future Growth and Brand Development

Do you understand the true importance of a solid budget? Shannon calls this your 'profit plan,' and explains how to categorize expenses into fulfillment costs, acquisition costs, and operating costs. She provides actionable strategies for ensuring your business remains profitable despite variable monthly profits. Learn how to analyze your profit and loss statement, identify areas of overspending, and make conscious decisions about investments in marketing and personal versus team development. Tune in to understand how to adapt your budgeting based on your business's current season and priorities.   What you'll hear in this episode: [0:45] Understanding Operating Profit [1:30] Budgeting for Profitability [2:05] Analyzing Business Expenses [3:05] Setting Financial Targets [4:35] Addressing Overspending Issues [5:20] Optimizing Acquisition Costs [6:20] Managing Operating Costs [7:55] Strategic Budgeting Decisions [9:45] Maintaining Consistent Margins   Learn more about our CFO firm and services: https://www.keepwhatyouearn.com/   Connect with Shannon: https://www.linkedin.com/in/shannonweinstein Watch full episodes: https://www.youtube.com/channel/UCMlIuZsrllp1Uc_MlhriLvQ Follow along on IG: https://www.instagram.com/shannonkweinstein/   The information contained in this podcast is intended for educational purposes only and is not individual tax advice. We love enthusiastic action, but please consult a qualified professional before implementing anything you learn.  

Why does every conversation about climate change feel like we're being asked to sacrifice something? Josh Dorfman, host of the popular Supercool podcast, reveals how this narrative is completely backwards. From Formula-E racing that attracts 500 million viewers without mentioning climate to pneumatic trash systems that make cities cleaner while cutting carbon by 90%, Josh shares how the most effective climate solutions are actually upgrading modern life rather than restricting it. Discover why we're not in an age of climate awareness anymore but rather an "age of adoption," where $2 trillion in annual clean energy investment is quietly revolutionizing everything from home electrification to urban design. Learn about innovative financing approaches that put your money to work for climate solutions while you sleep, and why the future of sustainability isn't about guilt—it's about better living.Subscribe to Most Podern on:Spotify - https://open.spotify.com/show/3zYvX2lRZOpHcZW41WGVrpApple Podcasts - https://podcasts.apple.com/us/podcast/most-podern-podcast/id1725756164Youtube - https://www.youtube.com/@MostPodernInstagram - https://www.instagram.com/most.podernLinkedIn - https://www.linkedin.com/company/most-podernLinksSupercool Podcast and Newsletter: https://getsuper.cool/Supercool on YouTube: https://youtube.com/playlist?list=PLTcMrkjAmgqzv6Jhg6-V52gShRWKdc3t4&si=LXeo-aUlGkoiQbjiSupercool on Apple Podcasts: https://podcasts.apple.com/us/podcast/supercool/id1758404839Supercool on Spotify: https://open.spotify.com/show/4IUql4twk6OLOl8FTIwN5ZJosh Dorfman on LinkedIn: https://www.linkedin.com/in/dorfmanjosh/Keywordsclimate solutions, sustainability, clean energy investment, electrification, climate tech, renewable energy, Formula E racing, sustainable cities, climate finance, carbon reduction, solar energy, battery storage, climate innovation, green technology, urban planning, sustainable transportation, climate action, environmental technology, clean energy transition, climate entrepreneurship, urban design, architecture, builodingsChapters00:00:00 - Introduction00:01:24 - Challenges in Climate Change00:01:37 - The Slow Progress of Sustainability00:03:35 - The Rise of Sustainability00:04:23 - Personal Journey into Sustainability00:04:37 - The Emergence of Sustainable Design00:07:44 - The Growth of the Sustainability Movement00:10:22 - Sustainability Becomes Cool00:12:10 - The Profitability of Sustainability00:12:56 - The Future of Sustainability00:15:09 - Ingenious Energy Efficiency00:16:09 - The Clean Energy Revolution00:20:03 - The Cost and Adoption of Solar Energy00:20:52 - The Transition to Cleaner Energy Sources00:24:36 - The Role of Policy in Energy Transition00:27:53 - Global Sustainability Efforts00:30:15 - The Cultural Shift Towards Sustainability00:30:47 - Sustainable Urban Planning: The NVAC System00:34:34 - The Role of Leadership in Sustainable Urban Planning00:35:20 - The Success of Sustainable Housing Renovations in Lincoln, Nebraska00:37:13 - The Challenge of Thinking Outside the Box00:42:27 - The Role of Self-Interest in Sustainability00:42:57 - The Success of Formula E and Sustainability in Entertainment00:46:11 - Sustainable Changes in Cities: Examples from Around the World00:49:28 - Individuals Making a Difference in Climate Change00:49:53 - Innovative Financial Tools for Climate Change00:52:27 - The Current Moment in Sustainability: The Age of Adoption

Send us a Message!In this episode, we dig into how important the connection between HR and Operations is to an organization's success and scalability.Our prescription for this episode is to take a hard look at who HR reports to and what HR's role in the organization is. This will be your guide to how you can better align your operational strategy with your human capital strategy.Past Episode Referenced:Season 3 Episode 2: What Are Common Stumbling Blocks To Business Growth?Season 2 Episode 18: What Does HR Stand For In Your Company?Season 1 Episode 20: How Does HR Influence A Company's Profitability? To talk more about organizational and HR strategy, just reach out to us at info@roman3.ca or through our LinkedIn page at https://www.linkedin.com/company/roman3Don't forget to sign up for our New Quarterly Newsletter that launched this fall!About Our Hosts!James is an experienced business coach with a specialization in HR management and talent attraction and retention. Coby is a skilled educator and has an extensive background in building workforce and organizational capacity. For a little more on our ideas and concepts, check out our Knowledge Suite or our YouTube Channel, Solutions Explained by Roman 3.

Have questions or comments? We'd love to hear from you!Weather, drought, market prices and other factors can all put a major damper on the success of cattle producers year to year. Speaking with producers across the nation recently, there are struggles to be had whether rain has come your way or not. But how can we as livestock producers build a safety net in the event of unforeseen circumstances? On this episode, we invite you to listen to a conversation from CattleCon 2025 that Angus Beef Bulletin Editor Shauna Hermel had with Charlotte Talbott, sustainability analyst on the RaboResearch Food & Agribusiness team for North America, regarding the importance of genetics related to potential herd rebuild, on-farm risk management opportunities, and why financial and succession planning ahead of time can build the buffer needed to ride out rough times. A huge thank you to Vermeer for their sponsorship of this episode. Additional Resources:Commercial Programs at the American Angus AssociationThe Estate Planning Stuff You NeedAvoiding Risks with RelationshipsSelecting Replacements with GeneMax AdvantageSubscribe to the Angus Beef Bulletin EXTRAFind more information to make Angus work for you in the Angus Beef Bulletin and ABB EXTRA. Make sure you're subscribed! Sign up here to the print Angus Beef Bulletin and the digital Angus Beef Bulletin EXTRA. Have questions or comments? We'd love to hear from you! Contact our team at abbeditorial@angus.org.

In today's episode of iGaming Daily, brought to you by Optimove, Charlie Horner, SBC's Media Manager, takes the hosting seat as he's joined by SBC's "Two Teds" - Ted Menmuir and Ted Orme-Claye - as the three talk the global gambling industry's 2025 interim results. Leading gambling firms are under scrutiny as analysts and investors assess their performance amid mounting tax pressures across key markets like the UK, Netherlands, and France.The trio highlight the most important signals for investors and stakeholders in this high-stakes environment. With the post-COVID boom behind us, the focus has shifted sharply toward cost control, free cash flow, and bottom-line profitability. The "Two Teds" break down how ongoing legislative shifts, such as the UK Gambling Act review, and increasing market saturation are reshaping operator strategies. Looking ahead, thre three explore the industry's uncertain future as increased taxation may lead to cost-cutting, reduced marketing spend, and potential workforce reductions. Could we see a wave of M&A activity as companies navigate this turbulent period? They also discuss the impact of these dynamics on global players like Entain and Flutter, and how newer markets such as Brazil are performing under pressure.Host: Charlie HornerGuests: Ted Menmuir & Ted Orme-ClayeProducer: Anaya McDonaldEditor: James Ross & Martyn ElliottiGaming Daily is also now on TikTok. Make sure to follow us at iGaming Daily Podcast (@igaming_daily_podcast) | TikTok for bite-size clips from your favourite podcast. Finally, remember to check out Optimove at https://hubs.la/Q02gLC5L0 or go to Optimove.com/sbc to get your first month free when buying the industry's leading customer-loyalty service.

In this episode of The Small Business Podcast for Small Businesses, Farley breaks down the essential ins and outs of business expenses. Tune in to hear the ins and outs to sort your expenses, from initial setup costs to ongoing running expenses. She shares practical tips, smart strategies, and real-world examples to help you understand what you should be tracking, how to review your spending, and where you might be able to save.Whether you're just starting out or looking to tighten up your finances, this episode will help you run a leaner, more profitable business.

Live from Medtech MVP, Michael Mahoney, chairman and CEO of Boston Scientific Corp, sits down with Medtech Talk podcast host Justin Klein. They discuss Mahoney's communications strategies to align expectations and convey intentions to shareholders, how to delegate and streamline decision making, and advice on doing better as a partner. Mahoney also shares which second order considerations (such as manufacturing) are important to keep in mind, as well as whether he's a “war time” or “peace time” CEO and what challenges the industry needs to address today to create a better tomorrow.   Medtech Talk Links:  Cambridge Healthtech Institute   Medtech Talk  Gilde Healthcare  Boston Scientific Corp: Boston Scientific Corp 

Welcome to a special Tuesday-edition of Valley of Depth, powered by Integrate.John Conafay spent years inside the space and defense worlds, from Spire to Astranis to the U.S. Air Force, and saw the same problem everywhere: complex programs were managed with spreadsheets, slide decks, and…crossed fingers. So in 2022, he founded Integrate to fix it. What started as a scrappy startup with five engineers has since landed what he describes as one of the largest software contracts in Space Force history. We discuss: Why defense programs are still run on outdated, fragmented toolsWhat Integrate actually does and how it's different from Smartsheet or Microsoft ProjectHow Conafay won a $25M Space Force contractThe architecture choices behind real-time collaboration in classified environmentsWhy internal tools and status quo software can't scale with complexityAnd much, much more… • Chapters •00:00 – Intro01:57 – John's background02:59 – What is Integrate?04:02 – Pain points in complex project management06:08 – John's interest in aerospace10:01 – Core product at Integrate11:20 – Why tools weren't implemented before12:50 – DoD project management & efficiency loss14:29 – Multiplayer coordination approach16:19 – Hardest integration problem17:40 – Security architecture20:17 – Go-to-market & government entry22:18 – $25M Space Force contract26:14 – Future Space Force goals27:59 – Government vs commercial customers29:16 – Pricing30:13 – Profitability, team, funding, scaling32:23 – Ideal investor33:20 – Competitors34:50 – Competing with internal tools36:01 – 10-year product vision37:36 – Strategic risks in the next decade39:42 – Hardest part of building Integrate41:34 – Misconceptions about working with the DoD42:55 – Advice for founders & younger self43:53 – John in another life • Show notes •John's socials — https://x.com/jconafayIntegrate's socials —https://x.com/Integrate_coIntegrate's website — https://integrate.co/Mo's socials — https://twitter.com/itsmoislamPayload's socials — https://twitter.com/payloadspace / https://www.linkedin.com/company/payloadspaceIgnition's socials — https://twitter.com/ignitionnuclear /  https://www.linkedin.com/company/ignition-nuclear/Tectonic's socials  — https://twitter.com/tectonicdefense / https://www.linkedin.com/company/tectonicdefense/Valley of Depth archive — Listen: https://pod.payloadspace.com/  • About us •Valley of Depth is a podcast about the technologies that matter — and the people building them. Brought to you by Arkaea Media, the team behind Payload (space), Ignition (nuclear energy), and Tectonic (defense tech), this show goes beyond headlines and hype. We talk to founders, investors, government officials, and military leaders shaping the future of national security and deep tech. From breakthrough science to strategic policy, we dive into the high-stakes decisions behind the world's hardest technologies. Payload: www.payloadspace.comIgnition: www.ignition-news.comTectonic: www.tectonicdefense.com

Marketing is one of our biggest levers. If we are not intentional about marketing, we will leave a lot of money on the table. Ty deCordova and the team at LiveAg are on a mission to make that process easier for ranchers through creating an online platform for auctions as well as the XChange for livestock and equipment.Thanks to our Studio Sponsor, Understanding Ag!Head over to UnderstandingAg.com to book your consultation today!Sponsor:RanchRightLLC.comRedd Summit AdvisorsRelevant Links:Live-Ag.comWe Live It Podcast

Today's show features: Curtis Biggs, General Manager of New Roads Mazda Alex Perdikis, CEO of Koons Motors, Inc. This episode is brought to you by: Meet Mia: Your 24/7 AI receptionist who speaks like a human, not a robot. No more "press 1" - just natural conversations for sales, service, and support. She handles everything from car shopping to appointment scheduling in multiple languages, while integrating with your systems. Never miss another lead. Visit https://carguymedia.com/3GIt5hO to get started. Interested in advertising with Car Dealership Guy? Drop us a line here: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://cdgpartner.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Interested in being considered as a guest on the podcast? Add your name here: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://bit.ly/3Suismu⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Check out Car Dealership Guy's stuff: CDG News ➤ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://news.dealershipguy.com/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ CDG Jobs ➤ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://jobs.dealershipguy.com/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ CDG Recruiting ➤ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.cdgrecruiting.com/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ My Socials: X ➤ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.twitter.com/GuyDealership⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Instagram ➤ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.instagram.com/cardealershipguy/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ TikTok ➤ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.tiktok.com/@guydealership⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ LinkedIn ➤ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.linkedin.com/company/cardealershipguy/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Threads ➤ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.threads.net/@cardealershipguy⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Facebook ➤ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.facebook.com/profile.php?id=100077402857683⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Everything else ➤⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ dealershipguy.com

This episode dives deep into understanding operating profit or net profit, a metric crucial for any entrepreneur or business owner. Learn how to measure and manage your operating profit effectively, why it's essential to look at it as a percentage of sales, and how to balance acquisition costs, operating expenses, and your overall budget for sustained profitability. Shannon also touches on practical tips and actionable steps to ensure your business remains profitable even when overhead costs are unpredictable. Tune in and discover how to strategize your finances better and avoid the common pitfalls that can eat away at your profits.   What you'll hear in this episode: [0:45] Expanding on the Profitable Scaling Playbook [1:45] Understanding Operating Profit [5:05] Analyzing Operating Expenses [5:40] Budgeting and Profit Planning [9:25] Practical Steps for Managing Expenses [10:05] Conclusion and Next Steps   Learn more about our CFO firm and services: https://www.keepwhatyouearn.com/   Connect with Shannon: https://www.linkedin.com/in/shannonweinstein Watch full episodes: https://www.youtube.com/channel/UCMlIuZsrllp1Uc_MlhriLvQ Follow along on IG: https://www.instagram.com/shannonkweinstein/   The information contained in this podcast is intended for educational purposes only and is not individual tax advice. We love enthusiastic action, but please consult a qualified professional before implementing anything you learn.

Episode 256 of the Pool Nation Podcast. Ready to build a pool service business that doesn't just keep pools blue, but also pays you what you're worth? This week, Edgar De Jesus, John “JJ Flawless,” and Zac “the Pool Boy” Nicholas get real about what it actually takes to succeed—and stay profitable—in the pool industry. Join us for a candid, behind-the-scenes roundtable as we break down the Pool Nation Roadmap to Profitability, from rookie mistakes to seasoned strategies.You'll hear how most pool pros start out obsessed with water chemistry and “splash and dash” service, only to realize—sometimes after years of burnout and struggle—that real success requires learning the business side. The team shares their personal journeys: seven-day workweeks, long hours, undercharging, and near-burnout, plus the exact turning points that helped them finally build thriving, profitable companies. What you'll learn in this episode: Why most pool pros focus on cleaning and chemistry first, but ignore business basics The actual progression from service to repairs—and why so many get stuck The hidden dangers of chasing account numbers instead of profit Real talk on burnout: what it feels like, and how to pivot before it's too late Why knowing your numbers—from cost per pool to true take-home pay—changes everything The “Profit Crossroads:” that critical moment every owner faces (and how to survive it) How top pool companies achieve more with fewer pools and fewer headaches Why quality of service—and quality of customers—beats quantity every time How a shift in mindset, confidence, and education leads to a more enjoyable, sustainable business Exclusive preview: Upcoming Pool Nation Boot Camps, Women's Summit, and the business-focused Pool Nation Conference at the PSP Expo [00:00:00] — Welcome & July 4th stories: The team shares family time, fireworks, and what it's like juggling business during the summer rush. [00:03:00] — Deepfakes, AI, and Pool Myths: How fake news (and viral pool “hacks”) are impacting the industry, and why learning to separate fact from fiction matters for pool pros. [00:08:00] — Event Rundown: Key dates and reasons not to miss the hands-on Boot Camp, Pool Nation Awards nominations, Women's Summit, $10K Pool Pro Challenge, and the only business-focused conference in the industry. [00:16:00] — Why Most Pool Pros Start with Service: Edgar and Zac explain the overwhelming pull toward water chemistry and service basics, and why business training often comes last. [00:23:00] — From Cleaner to Water Manager: John and Zac talk about changing the customer perception from “pool boy” to water management expert, and why it's crucial for long-term success. [00:26:00] — Graduating to Repairs: The team gets honest about the messy, expensive, and sometimes humbling transition into equipment repairs—and how most pros learn the hard way. [00:31:00] — Where Most Pros Go Wrong: The dangers of underpricing, not paying yourself first, and letting cash flow dictate your business. [00:34:00] — Burnout & The Profit Crossroads: Candid stories of working seven days a week, living on cash flow, and the exact moment each host realized they needed to change. [00:38:00] — How to Build a Profitable Company: Why focusing on fewer, better accounts (and charging what you're worth) creates freedom, growth, and a healthier work-life balance. [00:49:00] — Quality Over Quantity: A look at how great customers, higher service standards, and business systems can supercharge your income—and enjoyment—without scaling up your headaches. [00:52:00] — What's Next? A sneak peek at the upcoming “Profit Killers” episode, plus the basic math every pool pro should know to calculate cost of service and profit margin. Actionable Takeaways: Start with your numbers: Knowing your true cost per pool and setting profit targets is the fastest way to build a business that pays you back. Don't chase every account: Not all growth is good growth—sometimes less is more. Profit is freedom: When you're profitable, you can take time off, invest in your team, and actually enjoy your business. Mindset matters: The right education and support turns a “pool boy” into a respected business owner. Don't forget:

In today's episode of Tech3 from Moneycontrol, we break down Ola Electric's Q1 earnings and its strategic shift from hypergrowth to profitability. We also look at why Bengaluru shopkeepers are pulling down UPI QR codes amid a GST crackdown, what the Indian government's new AI Bill of Materials means for developers, and why TCS CEO is optimistic despite a slow start to FY26.

Dr Deirdre Hennessy, UCC lecturer in Sustainable Agriculture, joins us to discuss the tools and technologies that farmers can use to meet our climate targets and the importance of encouraging farmers and the next generation. For more episodes and information from the Environment Edge, visit the show page at:https://www.teagasc.ie/environmentedge/

How can you ensure you're making enough on each unit sold to cover the costs of running your business? The focus is on evaluating your pricing strategy, understanding product-market fit, and considering the impact of scaling on customer affordability. Shannon offers actionable advice on reducing costs, negotiating with suppliers, and fine-tuning your pricing to improve profitability. She also underscores the importance of strict boundaries regarding service offerings and the potential need to prune less profitable services. To help entrepreneurs implement these strategies, Shannon offers personalized power sessions. Tune in to learn how small adjustments in your business strategy can result in significant profitability improvements.   What you'll hear in this episode: [0:45] Understanding Core Offer Profit [1:35] Pricing Strategies for Profitability [2:40] Addressing Customer Base and Market Fit [3:40] Optimizing Sales and Close Rates [4:45] Managing Discounts and Payment Terms [6:15] Reducing Costs and Enhancing Focus   Learn more about our CFO firm and services: https://www.keepwhatyouearn.com/   Connect with Shannon: https://www.linkedin.com/in/shannonweinstein Watch full episodes: https://www.youtube.com/channel/UCMlIuZsrllp1Uc_MlhriLvQ Follow along on IG: https://www.instagram.com/shannonkweinstein/   The information contained in this podcast is intended for educational purposes only and is not individual tax advice. We love enthusiastic action, but please consult a qualified professional before implementing anything you learn.  

The Sams Report: Game Pass Profitability - Schrodinger Chimes In by Brad Sams

Need to systemise your clinic? Start your free trial of Allie!https://www.allieclinics.com/In this episode of the Grow Your Clinic podcast, CM Team Ben Lynch, Jack O'Brien and Hannah Dunn explore the top three Key Performance Indicators (KPIs) every clinic owner should track weekly. The discussion emphasises the importance of understanding numbers not just for financial health, but also as tools for building rapport and authority within the team. Hannah shares her transformative journey from avoiding numbers to embracing them for connection, while Jack introduces a $200 team activity designed to eliminate gossip.Tune in for valuable strategies on diversifying income streams and strengthening your clinic's resilience!What You'll Learn:

I'm Josh Kopel, a Michelin-awarded restaurateur and the creator of the Restaurant Scaling System. I've spent decades in the industry, building, scaling, and coaching restaurants to become more profitable and sustainable. On this show, I cut through the noise to give you real, actionable strategies that help independent restaurant owners run smarter, more successful businesses.In this episode, I tackle the current state of SEO and why traditional strategies can be both expensive and ineffective. Instead, I share a smarter approach I call “SEO jacking”—a method that boosts visibility by partnering with established local media and influencers. It's all about giving restaurant owners practical, actionable ways to build their online presence without relying on costly SEO tactics.  Takeaways:Most restaurant owners think they need more guests.Profit isn't random, it's engineered.SEO is often seen as too expensive or exhausting.Traditional SEO is slow, expensive, and unreliable.Partnering with top-ranking sites is more effective than outranking them.SEO jacking boosts credibility and visibility quickly.Media folks are more likely to write about you after a great experience.Crafting win-win pitches is essential for collaboration.Google wants trusted sources, so borrow their credibility.Visibility can be achieved faster than traditional blogging methods.Chapters00:00 Introduction to Full Comp and Profitability Masterclass01:48 The Relevance of SEO in the Restaurant Industry05:36 SEO Jacking: A New Approach to VisibilityIf you've got a marketing or profitability related question for me, email me directly at josh@joshkopel.com and include Office Hours in the subject line. If you'd like to scale the profitability of your restaurant in only 5 days, sign up for our FREE 5 Day Restaurant Profitability Challenge by visiting https://joshkopel.com.

In this episode of the Cabinet Maker Profit System, Dominic Rubino shares insights from coaching $3–10M cabinet and millwork shop owners. If you're stuck at $4M, wearing too many hats, or unsure how to scale without burning out — this episode is for you.

Hear that stockroom hum? Let's talk about itEver felt like you're building your indie product business with one hand on the till and the other on the panic button?This week on the Resilient Retail Game Plan, I'm cracking open five years of the Resilient Retail Game Plan podcast vault to bring you the biggest, most valuable independent retailer tips I've learned (and lived through) across 25 years in retail. Whether you're tripping over boxes in your spare room or juggling inventory management on Shopify, I'm sharing the core product business advice that actually shifts the dial; from cash flow for retailers to pricing products for wholesale, and right through to scaling a product business without losing your mind (or your margins). You'll hear some brass-tacks truths (yes, stock is more than 'buy and sell'), some guest wisdom, and honestly, a fair few mistakes I'd rather you skipped.Why listen?• Squeeze more profit and ditch “busy fool” turnover, get clear on bottom-line sanity• Tame your 'stock monster' with strategies for better inventory management when the money seems to vanish• Surf the trends, don't drown in them and learn how to spot what matters and what's just noise• Market with heart and stop forcing yourself into social platforms that make you miserable• Armour up your mindset and get the resilience you need to ride out the rollercoasterTell me what hit home: DM @resilientretailclub on Instagram with your favourite insight or guest wish list. Please rate, follow, and share the Resilient Retail Club podcast in your app and for extra sparkle, dive into my Forbes retail trends article (link below).Here's to another five years of the realest retail podcast UK founders can trust.Useful links:My freebie: http://www.resilientretailclub.com/freebieMy website: https://www.resilientretailclub.com/podcastMy Forbes page: https://www.forbes.com/sites/catherineerdly/Timestamped summary:00:00 Understanding Product Business Profitability03:22 Profitability and Pricing Focus07:27 "Retail Industry Trends Insight"12:57 Consumer Stories Drive Business Strategy14:00 Focus on Your Circle of Control19:06 Mindset's Impact on Business Success24:03 Building Profitable, Sustainable Businesses26:50 "Podcast Feedback and Future Ideas"Companies mentioned in this episode: Woolworths Toys R Us Forbes TikTok Instagram Pinterest Shopify Sainsbury's Next Children in Need Eleanor Boma Astrid and Mew Air and Grace Lucy and Yak Mentioned in this episode:Freebie downloadStock Freebie

About the Guests Emily Pottorf is the Territory Representative for Iowa, Illinois, Minnesota, and Wisconsin for Gestal. She has been with the company for 4 years. Emily grew up on an Iowa farm with her 3 sisters and spent her high school through college career working on nursery and sow farms. She followed her passion […]

There is a recent report by Menlo Ventures, 2025: The State of Consumer AI, stating that, "More than half of American adults (61%) have used AI in the past six months, and nearly one in five rely on it every day. Scaled globally, that translates to 1.7-1.8 billion people who have used AI tools, with 500-600 million engaging daily. This is no longer experimentation; it's habit formation at an unprecedented scale. When we do the math, 1.8 billion users at an average monthly subscription cost of $20 per month equals $432 billion a year; $12 billion market indicates that only about 3% pay for premium services - a strikingly low conversion rate and one of the largest and fastest-emerging monetization gaps in recent consumer tech history. Even ChatGPT, with its first-mover advantage, only converts about 5% of its weekly active users into paying subscribers. This gap between usage and payment represents a major opportunity." David Stephen, who does research in conceptual Brain Science explores innovation for Consumer AI profitability The problem for consumer AI companies is simply not for the lack of need but for the absence of - products and services - branching. What are people already paying for that they would be willing to pay extra for, given valuable AI features? Computing for Consumer AI Profitability What are people not paying for that they would be willing to pay for, because it augments their abilities with AI, in a way that is not simply AI agentic usage? What are people using AI for that they have found that comes with risks that they would be willing to pay for [safety] to mitigate those risks? News in Two Languages News publishers are seeking more digital subscriptions amid lower traffic from major search engines because of AI summaries. What else can be added to news [as a service] to make people pay more? Language. All news can be displayed in at least 2 languages: side-by-side, line-by-line, paragraph-by-paragraph. The purpose of this will be to build familiarity with the other language. By seeing sentences, words and so on, in another language, regularly, without the burden of memorization, it can become easier to learn the other language, and maintain a mental consistency in sustaining what is learned. There would be learning resources for the rudiments of the language, but it would be easier for languages with similar alphabets. For those with different alphabets, prior lessons would be necessary. The objective will be to have dynamic and sustained continuity even when there is no one to speak - or practice - with, to solidify the knowledge. A platform can be developed. News publishers can own accounts on it. Then translations are provided for their contents, based on subscriptions and they get something more. They may also host the API on their websites and apps, to have their subscribers there have access. News is not information to memorize. Combining another language would boost cognition across ages, ensure AI is inducing better neuroplasticity for humans and providing new value for mind, not just a utility providing some answers in dissociation - without learning. It may also be useful to source news at certain destinations, with happenings but with only one news edition. It may shape how loved ones from afar get informed. News is what people are paying for already that they would be willing to pay more for, with an extra AI service for language. AI Pen beyond AI Wearable or AI Pin or AI Sound Device What would be the next biggest AI device that would scale and be pervasive would not be an AI wearable or some AI sound device. It would be a pen that would fascinate users. Most humans write with their dominant hands, because of concepts in brain science called laterality and handedness. Simply, one hand delivers more coordination and stability than the other. So, most pens - including digital pens - are built to work with the dominant hand since balance and coordination are not an issue. However, what if a...

Send us a textThis week I dive deep into the deceptive evolution of modern marketing -- from nostalgic infomercials (my fave) to today's online schemes and shenanigans. I break down how the industry doesn't solve real problems anymore, but instead creates them in order to sell you a solution you didn't ask for.You'll learn why business ecosystems matter more than trendy frameworks, why most "fixes" don't stick, and how to audit your OWN business with brutal clarity so you stop wasting time on bullsh*t bandaids. If you're tired of playing whack-a-mole with your business issues, buckle up.Support the showLove what you heard? Let's stay connected! Subscribe to my newsletter for bold insights on leadership, strategy, and building your legacy — straight to your inbox every week. Follow me on LinkedIn for more no-nonsense advice on leading with power and purpose. And if you're ready to dive even deeper, grab a copy of my book Bite-Sized Blasphemy and ignite your inner fire to do life and business your way. The Business Blasphemy Podcast is sponsored by Corporate Rehab® Strategic Consulting.

If you're an ER doc, there's a lot happening behind the scenes in healthcare finance that could directly impact your day-to-day. A recent story caught our attention that ties into some of the broader trends we've discussed in the past — and it's worth unpacking.  It involves ownership models, shifting priorities, and what it all means for the future of emergency medicine. Let's get into it.

In this episode Shannon introduces the Profitable Scaling Playbook, a comprehensive framework designed to help entrepreneurs and business owners build scalable, profitable businesses without costly mistakes. Shannon outlines the five core focus areas: core offer profit, operating profit, cash flow, customer value, and enterprise value. Dive deep into each component and learn how to measure success, unlock growth, and focus on what truly matters to elevate your business. Whether you're at the stage of ensuring a profitable offer or looking to build enterprise value, this playbook offers actionable insights to enhance your financial performance. Tune in to get a high-level overview and prepare for an in-depth exploration of the Profitable Scaling Playbook throughout the month. What you'll hear in this episode: [0:45] The Goal: Scaling and Profitability [2:35] Creating a Financial Operating System [3:20] Introducing the Profitable Scaling Playbook [5:30] Core Offer Profit: The Foundation [6:40] Operating Profit: Is Your Business Profitable? [7:50] Cash Flow: Beyond Profit [8:55] Customer Value: Maximizing Sales [10:55] Enterprise Value: Building a Sellable Business [13:40] Conclusion and Upcoming Episodes   Learn more about our CFO firm and services: https://www.keepwhatyouearn.com/   Connect with Shannon: https://www.linkedin.com/in/shannonweinstein Watch full episodes: https://www.youtube.com/channel/UCMlIuZsrllp1Uc_MlhriLvQ Follow along on IG: https://www.instagram.com/shannonkweinstein/   The information contained in this podcast is intended for educational purposes only and is not individual tax advice. We love enthusiastic action, but please consult a qualified professional before implementing anything you learn.

Join host Shaye Wanner on the Casual Cattle Conversations podcast as she chats with Patrick Jones from the Noble Research Institute about strategies for ranch profitability. Learn how to set realistic financial goals, manage overhead and direct costs, and avoid common accounting pitfalls to ensure your ranch thrives. Learn more about Noble: https://bit.ly/3DD7uG0 Timestamps: 00:00 - Introduction 02:15 - Meet Patrick Jones 05:30 - Setting Financial Goals 10:45 - Understanding Overhead Costs 15:20 - Direct Costs and Common Mistakes 20:00 - Resources and Courses for Ranchers 25:30 - Patrick's Reflections and Advice   Hashtags: #RanchProfitability #CattleConversations #SustainableRanching

Send us a textWhat if the key to a more profitable business isn't working harder — but aligning your business with how you truly want to live?In this episode of The Good Enough Mompreneur Podcast, Angela sits down with Tana Kramer, a Profitability Strategist and founder of TK Solutions, who helps women entrepreneurs build sustainable, profitable businesses that feel good and do good.From her first days answering phones at her dad's glass shop to managing complex financial operations for big businesses, Tana's journey is proof that profitability isn't just about the numbers — it's about alignment, energy, and giving yourself permission to do business your way.✨ You'll Learn: ✅ What “profitability” really means beyond the bank account ✅ How to spot hidden money mindset blocks that keep you stuck ✅ Why doing a time and energy audit can be a game changer ✅ Small systems that create huge clarity and peace of mind ✅ How to build a business that supports your life — not the other way aroundAngela and Tana dive into real talk about money stories, letting go of guilt, creating systems that work for you, and why working less might just be the secret to earning more.

Comments? Feedback@SellSellSell.online or Facebook *** Cost of Goods Sold - Data Entry Coming Soon *** New Shipping Tracking Presentation - Is It Better? *** USPS Priority Mail Rate Hike *** Refund via Gift Card Now an Option

Jensen Savage talks about marketing strategies that prioritize impactful growth and brand authority. Jensen is the founder of Savage Growth Partners and an expert in helping service-based businesses scale. Listen for three action items you can use today. Host, Kevin Craine Do you want to be a guest? https://Everyday-MBA.com/guest This episode is supported by the Naveen Jindal School of Management 

Does your dental practice or business bring you joy? Dr. Robert "Cree" Hamilton is an orthodontist whose journey spans a small-town upbringing, a career in the Air Force, and a dental practice in Las Vegas. His story embodies the principles of intentional design and purpose-driven leadership. Cree shares his insights on bringing an associate into the dental practice, and the need for transparency and alignment of vision— including two powerful daily questions to clear the air and avoid hidden resentment. Give it a listen! If you like this episode, here are more episodes we think you'll enjoy: Ep #539 - Dr. Matt VanderMolen: – Building People First: Creating a High-Performance Dental Practice and Business Ep #538 - Jake Conway – Scaling Smart: Navigating Growth, Profitability, and Dental Exit Strategies Check out the show notes for more information! P.S. Whenever you're ready, here are some other ways I can help fast track you to your Freedom goal (you're closer than you think): 1. Schedule a Call with My Team: If you'd like to replace your active practice income with passive investment income within 2-3 years, and you have at least 1M in available capital (can include residential/practice equity or practice sale), then schedule a call with my team. If it looks like there is a mutual fit, you'll have the opportunity to attend one of our upcoming member events as a guest. 2. Get Your Dentist Retirement Survival Guide: The winds of economic change are here, and now is the time to move to higher ground. This guide gives you the steps to protect your retirement, your family, and your peace of mind. Get the 25-point checklist here. 3. Get Your Free Retirement Scorecard: Benchmark your retirement and wealth-building against hundreds of other practice professionals, and get personalized feedback on your biggest opportunities and leverage points. Click here to take the 3 minute assessment and get your scorecard.

I'm Josh Kopel, a Michelin-awarded restaurateur and the creator of the Restaurant Scaling System. I've spent decades in the industry, building, scaling, and coaching restaurants to become more profitable and sustainable. On this show, I cut through the noise to give you real, actionable strategies that help independent restaurant owners run smarter, more successful businesses.In this episode, I dig into something I wish I'd learned a lot sooner — how to build a profitable restaurant that doesn't eat you alive. Hustle alone won't cut it. I talk about what it really takes to break free from burnout: shifting your mindset and reconnecting with what genuinely fires you up. When we chase what excites us, we craft experiences our guests can't resist. I share how showing up authentically — in how we engage with folks and how we market our businesses — draws in the right people and keeps them coming back. Because at the end of the day, if you build a restaurant that feeds your soul, it'll feed your bank account too.Takeaways:Most restaurant owners think they need more guests.Profit isn't random, it's engineered.You need to change you and the way you see your restaurant.Design a restaurant that you love.Your best customers don't need a great reason to come back.Stop pushing lazy offers.Write marketing campaigns that would make you come in.Audit your menu and guest experience.Build a brand that you would fall in love with.Engage with customers authentically.Chapters:00:00 Introduction to Full Comp and Profitability Masterclass01:37 Transforming Your Restaurant's Approach to Marketing05:04 Creating Irresistible Experiences for Guests07:41 Engaging with Customers AuthenticallyIf you've got a marketing or profitability related question for me, email me directly at josh@joshkopel.com and include Office Hours in the subject line. If you'd like to scale the profitability of your restaurant in only 5 days, sign up for our FREE 5 Day Restaurant Profitability Challenge by visiting https://joshkopel.com.

In this episode of the SaaS Revolution Show, host Alex Theuma speaks with Joe Hyrkin, CEO of Care Grit Learning and former CEO of Issuu. They discuss Joe's journey in the tech industry, focusing on his experiences with Issuu, its acquisition, and the importance of profitability and growth strategies. Joe shares insights on navigating debt, the challenges of being a CEO, and the significance of coaching SaaS founders. The conversation wraps up with rapid-fire questions that highlight key lessons for tech entrepreneurs. Guest links: LinkedIn: https://www.linkedin.com/in/joehyrkin/      Check out the other ways SaaStock is helping SaaS founders move their business forward: 

A new study published by the Centre for Ecology and Hydrology shows that nature-friendly farming is not currently as profitable as intensive food production. Its authors say the report is the first of its kind and shows that agroecology improves biodiversity and can boost crop yields. However, the cost of creating habitats and the loss of some productive land, they say, means lower profits. Dr Ben Woodcock led the four year study which studied 17 farms.More big food companies are paying producers who farm regeneratively a premium, encouraging them to improve soil health, increase on-farm biodiversity and reduce their carbon footprint. Nestle is working with the farmers' cooperative First Milk to collect data from 80 UK farmers who supply them with milk and are being paid a premium to farm regeneratively. We visit one of their dairy farmers in Cumbria.One of the farmers seeking a judicial review of the treasury's decision to impose inheritance tax on farm businesses says the government failed to consult properly on changes to the tax. Tom Martin from Cambridgeshire tells us why he's taking part in the legal action.Presenter = Anna Hill Producer = Rebecca Rooney

Menu engineering isn't just about what's selling it's about understanding why it's selling, and how each item on your menu affects your bottom line. In this episode, I  break down into the advanced side of menu engineering: the psychology, operational impact, and customer behavior behind what stays, what goes, and what truly drives profitability. We'll cover: Why removing “unprofitable” items might actually cost you moneyHow to account for customer lifetime value, halo effect, and seasonal shiftsThe hidden role of plow horses, dogs, and loss leadersWhat most menu engineering models miss and how to fix itPractical ways to optimize your menu for both profit and speedIf you've only ever used the basic matrix or relied solely on margins, this episode will show you how to level up your strategy and boost bar profitability in the process.Learn More:Schedule a Strategy SessionBar Business Nation Facebook GroupThe Bar Business Podcast WebsiteChris' Book 'How to Make Top-Shelf Profits in the Bar Business'Thank you to our show sponsors, SpotOn and Starfish. SpotOn's modern, cloud-based POS system allows bars to increase team productivity and provides the reporting you need to make smart financial decisions. Starfish works with your bookkeeping software using AI to help you make data-driven decisions and maximize your profits while giving you benchmarking data to understand how you compare to the industry at large. **We are a SpotOn affiliate and earn commissions from the link above. A podcast for bar, pub, tavern, nightclub, and restaurant owners, managers, and hospitality professionals, covering essential topics like bar inventory, marketing strategies, restaurant financials, and hospitality profits to help increase bar profits and overall success in the hospitality industry.

Send us a textClick here to register you and your team for NPG Iconic. Click here to schedule free consultation with New Patient Group and/or WrightChat Click here to subscribe to The Brian Wright Show Podcast Click here to subscribe The Brian Wright Show YouTube Station Click here to subscribe to the New Patient Group YouTube Station.What makes a truly exceptional marketing company? Contrary to popular belief, it's not about generating more calls or leads—it's about attracting the right customers for your specific business model.In this eye-opening episode, I challenge the widespread misconception that marketing success is measured by lead volume rather than lead quality. Drawing from my extensive experience working with businesses across multiple industries, I introduce the crucial Best Western/JW Marriott/Ritz-Carlton framework to help you identify your business positioning and align your marketing accordingly.The stark reality is that many businesses waste marketing dollars attracting prospects who will never convert because there's a fundamental mismatch between the marketing and the business model. Whether you're trying to be the premium provider commanding top prices or a volume-based business with competitive rates, your marketing strategy must reflect that positioning to attract customers who already value what you offer.This episode provides actionable insights on how to evaluate marketing companies, what questions to ask during the selection process, and why template-based marketing fails premium businesses. You'll learn why raising prices requires simultaneously increasing perceived value, and how your entire customer journey—from digital presence to physical space to team training—must align with the expectations set by your marketing.For business owners tired of high lead numbers but disappointing conversion rates, this conversation offers a transformational perspective on marketing that focuses on quality over quantity. The right marketing doesn't just fill your pipeline—it fills your pipeline with people ready to say "yes" to what you offer at your desired price point.Ready to transform how you think about marketing for your business? This episode will change your approach forever. Like, subscribe, and share with fellow business owners who need to hear this message!New Patient Group - The Employee & Patient Experience Co.A company designed to help orthodontists, dentists and other types of Doctors create a practice that dominates the new economy. Learn Advanced and Cutting Edge Skill Sets Used by the Finest People Businesses in the World, such as the Ritz Carlton and other famous Companies:  - Leadership- Sales Fundamentals- Hospitality- Consumer Psychology- Verbiage- Presentation- Many More Learn How to Apply the Skill Sets Above to each of the following:- Existing Patient Experience- New Patient Experience- New Patient Phone Call- Existing Patient Phone Call- Digital Workflow- Treatment Coordinator Exam- Doctor Exam- Financial Presentation- Pending Treatment FollowUp- Handling and Overcoming Objections - Trust & Communication Transfers - Digital Marketing- Patient Compliance- Clinical Assistant Chair Side Conversations- Clinical Assistant Conversation with Parents - Remote Monitoring (If, applicable) - Clear Aligner Starts and Profitability (

Are you charging enough to actually make money? In this episode of Masters of Home Service, we break down the #1 profitability metric: gross profit, and how to improve it with better job costing, labor efficiency, and smart pricing. Host Adam Sylvester is joined by Mike Gore-Hickman (PainterGrowth.com) and Megan Schumann (Top Tier Plumber), who share how home service pros can stop guessing and start scaling their profits. New to Jobber? Masters of Home Service listeners can claim an exclusive discount for Jobber at https://bit.ly/4d0KAEh

Guest: Mel McSherryLinkedIn: @melmcsherryInstagram: @mel_mcsherryEpisode Highlights:Mel's entrepreneurial origin story and the transition from fitness to business coachingWhy honoring your energy is essential for sustainable successHow human design can validate your instincts and simplify decision-makingThe biggest mistake entrepreneurs make when trying to follow copy-paste business adviceThe difference between “coach” and “guide”—and why Mel prefers the latterHer dream of hosting or joining more in-person retreatsSimple energy management tips you can start using todayWant a safe, no-pressure chat with Mel?

In this episode of Running With Wolves, host Savannah Jordan breaks down exactly how to economy-proof your marketing and sales strategy—so you can stay profitable even when buyers are more cautious and sales feel slower across the board.   If your instinct has been to drop your prices, go quiet, or completely reinvent your offer, this episode is going to help you take a smarter, more strategic approach instead. Savannah shares the three biggest mistakes business owners make during economic shifts—and the simple, proven strategies that actually work instead.   Inside, you'll learn: Why price slashing and silence kill sales momentum How to reposition your offer as a “need to have” (not just a nice-to-have) Ways to create urgency without sleazy tactics What short-term conversion strategies look like for both product and service-based businesses   This isn't about doing more. It's about marketing in a way that actually moves people to buy—no matter what the economy is doing.   If this episode hit home and you're realizing you don't need to lower your prices—you need to raise your clarity—apply HERE to work with Savannah. She'll tell you exactly how to reposition your offer and sales process so it feels like a no-brainer, even in a slower market.   And as always message her on Instagram HERE what your favorite part of the episode was—she'd love to hear what landed most.

In this episode, Dave Dubeau chats with Mathew Owens, a former CPA who turned his analytical edge into a thriving real estate empire. Mathew reveals how financial modeling and a relentless pursuit of cash flow turned his first flip into a real estate education through both wins and wipeouts. From flipping over a thousand homes to managing multi-million dollar lending funds and innovating in short-term rentals, Mathew shares valuable insights on what it really takes to scale, diversify, and stay profitable in today's shifting market. He discusses: Why analytical professionals have an edge in real estate The evolution from CPA to capital raiser with $200M+ raised Lessons learned from losing it all during a market crash How his company now helps investors model tax-advantaged portfolios His work with veterans and first responders through socially impactful investing   - Get Interviewed on the Show! - ================================== Are you a real estate investor with some 'tales from the trenches' you'd like to share with our audience? Want to get great exposure and be seen as a bonafide real estate pro by your friends? Would you like to inspire other people to take action with real estate investing? Then we'd love to interview you! Find out more and pick the date here: http://daveinterviewsyou.com/

After 30 years running a solo dental practice with no breaks, no vacations, and no exit in sight, Dr. John and Joy Russo decided to do things differently. In this episode, they share how they transitioned from burnout and uncertainty to true time and financial freedom—without giving up clinical autonomy. Discover what they did differently that opened the door to passive income, alternative investing, and a lifestyle they once thought was out of reach. Their only regret? Not starting sooner. If you like this episode, here are more episodes we think you'll enjoy: Ep #539 - Dr. Matt VanderMolen: – Building People First: Creating a High-Performance Dental Practice and Business Ep #538 - Jake Conway – Scaling Smart: Navigating Growth, Profitability, and Dental Exit Strategies Check out the show notes for more information! P.S. Whenever you're ready, here are some other ways I can help fast track you to your Freedom goal (you're closer than you think): 1. Schedule a Call with My Team: If you'd like to replace your active practice income with passive investment income within 2-3 years, and you have at least 1M in available capital (can include residential/practice equity or practice sale), then schedule a call with my team. If it looks like there is a mutual fit, you'll have the opportunity to attend one of our upcoming member events as a guest. 2. Get Your Dentist Retirement Survival Guide: The winds of economic change are here, and now is the time to move to higher ground. This guide gives you the steps to protect your retirement, your family, and your peace of mind. Get the 25-point checklist here. 3. Get Your Free Retirement Scorecard: Benchmark your retirement and wealth-building against hundreds of other practice professionals, and get personalized feedback on your biggest opportunities and leverage points. Click here to take the 3 minute assessment and get your scorecard.

In this episode, Tyler talks about why he stopped marking up subcontractor quotes and started charging a dedicated management fee instead. He shares how this shift helped him finally make money managing subs, offering a blueprint for small contractors to treat their time with the value it deserves. Show Notes:  Managing Subcontractors: The Secret to Profitability (0:00) The Evolution of Subcontractor Management Fees (2:16) The Importance of a Separate Management Fee (5:36) Examples of Markup and Management Fee Calculations (8:27) Justifying Higher Prices to Clients (15:53) The Role of Marketing and Sales in Small Contracting (16:11) The Future of Small Contracting (23:55)   Video Version: https://youtu.be/xCrmi-5-hn8   Partners:  Andersen Windows Buildertrend Velux Harnish Workwear  Use code H1025 and get 10% off their H-label gear   The Modern Craftsman: linktr.ee/moderncraftsmanpodcast Find Our Hosts:  Nick Schiffer  Tyler Grace  Podcast Produced By: Motif Media  

In this episode, Brett sits down with Andrew Faris, CEO of AJF Growth and host of the Andrew Faris Podcast, to break down the critical elements of P&L design that separate ecomm brands that are dead on arrival vs. those who thrive. Andrew shares his hard-won insights from holding nearly every seat in the e-commerce ecosystem, including his experience running an aggregator "into the ground" and the valuable lessons learned along the way.—Sponsored by OMG Commerce - go to (https://www.omgcommerce.com/contact) and request your FREE strategy session today!—Chapters: (00:00) Join Us in NYC at Our Exclusive YouTube Event!(01:08) Introducing Andrew Faris & His eCommerce Journey(07:06) The Current State of eCommerce(13:16) The Influence of Moneyball by Michael Lewis in Marketing(19:29) Understanding P&L in eCommerce Success(23:34) Understanding Your Profit Goals & OMG Commerce's Case(29:35) How to Structure Your P&L as an eCommerce Brand(34:48) Optimizing Operational Expenses(34:56) CAC and Cost of Delivery(39:33) Channel Strategy and Product Margin Fit(42:51) Forecasting and Adjusting Business Strategy(49:50) Resources & Closing Thoughts—Connect With Brett: LinkedIn: https://www.linkedin.com/in/thebrettcurry/ YouTube: https://www.youtube.com/@omgcommerce Website: https://www.omgcommerce.com/ Relevant Links:Andrew's LinkedIn: https://www.linkedin.com/in/andrew-faris-980b84108AJF Growth: https://ajfgrowth.com/Andrew's Podcast: https://open.spotify.com/show/7ssrhISeeGHgCLpzZgrxuJMoneyball by Michael Lewis: https://www.amazon.com/Moneyball-Art-Winning-Unfair-Game/dp/0393324818

Profit more by doing less. In this powerful conversation, Dr. Tarryn MacCarthy sits down with profitability strategist Shelley Renee to challenge the hustle-heavy mindset that's draining healthcare professionals. Shelley shares how doing less, not more, can lead to greater financial stability, calmer teams, and more meaningful work. You'll learn how to uncover inefficiencies in your schedule, understand your annual patient value, and make data-informed decisions that align with your goals. If you've been chasing success by adding more to your plate, this episode will shift your perspective and help you take your time and energy back.Shelley Renee, known as The Profitability Maverick, is a dental business consultant who helps practice owners simplify for profit. With a sharp eye for hidden inefficiencies, she replaces overwhelm with clarity, cutting outdated routines and creating leaner, more joyful businesses. Her systems have helped countless dentists boost productivity, reduce stress, and work fewer days, because running a practice shouldn't be harder than doing the dentistry.Show notes:(3:38) The hidden cost of doing more(7:41) What is your patient value?(10:27) Growth without more patients(12:03) A real-life subtraction success(14:30) Space in your schedule = Power(20:13) When intuition says “enough”(23:00) Building stronger, aligned teams(26:04) Keep more, stress less(33:15) OutroConnect with Shelley Renee:Website: https://www.shelleyrenee.com/ Email: shelley@shelleyrenee.com Facebook: https://www.facebook.com/shelleyreneeconsultant/ Instagram: https://www.instagram.com/shelleyreneeconsulting/