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How Much Time Did You Use Last Week on Strategic Planning for Your Business? Two things I have learned in all my experience working with large businesses over the last decade: Those big guys that we often dismiss as too big and too slow are very focused on doing the things they do best, and…
Some in our industry have been proposing a second interchange for some months now and that was the topic of last month’s column (visit our web site if you didn’t see part one). A bad idea. Part of their proposal is using OEM numbers to write interchange. That’s folly. The OEMs have no interest in having…
A few months ago, The Answer Men (Jim and Robert Counts) wrote an article asking the question: “Do We Need Another Interchange?” Please go read their article (http://www.rpowersource.com/The%20Answer%20Man.html) if you missed it because it clearly spells out many of the reasons that another interchange would be a very bad idea for our industry. Jim and…
May 2007 Passion, Perseverance, and a Limitless Future We’ve been discussing passion as it relates to success in business in the last few months. How would you define passion and how does passion relate to the persevering attitude necessary for lasting success? The key question: What motivates us as businesspeople? If we are working only…
Management Article – Light Bulbs, Your Check Engine Light, and A Brighter Future Last month we talked about passion, and how being passionate can make being in business more rewarding than any job ever could be! An enduring passion for the work on the part of the owners, managers, and employees makes a huge difference…
Recently I had an assignment from a large Insurance Company that had purchased an auto recycling yard. The company had purchased the recycling yard three years earlier and sales had steadily declined from about $80,000 per month to $40,000 a month average. They bought this yard, wanting to experiment with disposing of their salvage through…
Salvaging Millions Management Article 2004 Paying your Employees for Performance You have sat in class after class, talked to other yard owners about switching over to paying employees for performance, and you are still paying them hourly, thinking all your employees will walk out or might cause chaos in the business. Yes, just like you…