My family are small business owners. We own a retail store in Cheshire that turns over 1.3M a year, but due to competition and our failure to grow / diversify our profits have remained static. Maybe even gone down in real terms. This podcast is great for getting you into the right mindset to succeed and hopefully we can apply some of the lessons. I’ll be I’ll be listening to the whole catalogue. Cheers James & JB
Just listened to this and such great advice. Whilst listening to the section about employees contributing- research the Toyota way. The way the do business and involve the employees asking for ideas on how to improve things. GM took it on when Toyota came to America.
Exactly! I bought out 3 scooter rental companies that closed down during and after the pendemic. Of-course there was no business during the bad times, but now my volume is allowing me to beat my competion on Lower price plus better service.
I have worked with concept generation for a long time. If you want more ideas from your team you need to do 2 things. 1. Make sure you don't get 'punished' for having an idea. This happens more than you think i.e. OK - 'go and do it then' which puts people in a bind. You must incentivize - can be money (not the main motivator), can be a pat on the back, can be support / opportunity to help them implement it and develop. Ensure the person or team who had the idea is recognized and people will want to do it more. 2. Asking for 'any ideas' is a WASTE of time. You have to give specific context and this takes work by the meeting lead. Be specific - what is the problem, what area, what are the restrictions, whats been tried etc. Ironically - the more open ended restrictions you add the more creative peoples minds are. i.e. Doing a single jigsaw can be fun - but attempting to do 5 jigsaws at once is a total muddle.
Rumours to the effect that James Sinclair has offered to fly John Buckley to The Greatest of Britain should be treated with cautious optimism. The parties are yet to conclude negotiations.
My family are small business owners.
We own a retail store in Cheshire that turns over 1.3M a year, but due to competition and our failure to grow / diversify our profits have remained static. Maybe even gone down in real terms.
This podcast is great for getting you into the right mindset to succeed and hopefully we can apply some of the lessons.
I’ll be I’ll be listening to the whole catalogue.
Cheers James & JB
Just listened to this and such great advice. Whilst listening to the section about employees contributing- research the Toyota way. The way the do business and involve the employees asking for ideas on how to improve things. GM took it on when Toyota came to America.
Exactly! I bought out 3 scooter rental companies that closed down during and after the pendemic. Of-course there was no business during the bad times, but now my volume is allowing me to beat my competion on Lower price plus better service.
You need to fly John Buckley out for your 100th UA-cam episode.
Best plan ever. ❤😂
Mr Sinclair can easily afford it, tax deductible expense. Get it arranged!
G'day Campers. Hello from Canberra.
Great plan 😂
5:21 you guys are legends. Thank you 😂
Evening Campers
I have worked with concept generation for a long time. If you want more ideas from your team you need to do 2 things.
1. Make sure you don't get 'punished' for having an idea. This happens more than you think i.e. OK - 'go and do it then' which puts people in a bind. You must incentivize - can be money (not the main motivator), can be a pat on the back, can be support / opportunity to help them implement it and develop. Ensure the person or team who had the idea is recognized and people will want to do it more.
2. Asking for 'any ideas' is a WASTE of time. You have to give specific context and this takes work by the meeting lead. Be specific - what is the problem, what area, what are the restrictions, whats been tried etc. Ironically - the more open ended restrictions you add the more creative peoples minds are. i.e. Doing a single jigsaw can be fun - but attempting to do 5 jigsaws at once is a total muddle.
Rumours to the effect that James Sinclair has offered to fly John Buckley to The Greatest of Britain should be treated with cautious optimism. The parties are yet to conclude negotiations.
James I noticed the coach day is sold out will you do another one next year?
The only tickets available for next years events are Business Masterclass, thanks!
What do you think James’s super software is then Orderwise Microsoft dynamics?
Going for the Quarter Billi lads. All the best & prosperity to anyone that reads this
6:34 it’s all a bit Swiss Toni 😂
42:53 Action - I am going to put more call to actons, offers and deadlines into my business.
The comment section smells like successful entrepreneurs 😊