More profits? Know your product lines.
Many smaller companies just focus on top line revenue and profits. The problem is that a single product line could cost more than it...
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Richard Hall
- Jun 6
- 1 min
Preparing For The Next Generation
Family Business Series - Preparing For The Next Generation
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Richard Hall
- May 19
- 1 min
Your baby is not ugly, it just needs to grow up!
I have this conversation with family business owners a lot! I'm not talking about their children. I'm talking about their company. Many...
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Richard Hall
- Apr 28, 2021
- 1 min
What makes a CFO pull their hair out?
For many family-owned businesses, the company’s finances are severely burdened by non-compensation expenses. The daughter needs a new...
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Richard Hall
- Sep 22, 2020
- 1 min
I Just Want To Work For a Normal Company!
I caught up with a former employee that is really frustrated at his current job. He made the following statements we all should hear: - I...
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Richard Hall
- Sep 16, 2020
- 1 min
Have you ever tried pushing a rope?
Have you ever tried to back up a uHaul trailer up a driveway into a small space? Sort of like pushing a rope. I have a pickup truck that...
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Richard Hall
- Sep 11, 2020
- 1 min
Never let current events stop you from doing what is right!
I spoke to an owner the other day that had an employee that needed to go. They were reluctant to act because they had accepted PPP money...
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Richard Hall
- Sep 3, 2020
- 1 min
Treat everyone fairly, not equally
People love to be recognized for their part in a successful endeavor. Just make sure and get the recognition part right! We blew away the...
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Richard Hall
- Sep 2, 2020
- 1 min
Believe in yourself and take the risk!
Believe in yourself and take the risk! Most people have the skills and personality traits to be wildly successful. You know what is...
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Richard Hall
- Sep 1, 2020
- 1 min
What is your next first step?
What is your next first step? I remember being in a very difficult situation. There were competing investors and I was caught in the...
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Richard Hall
- Aug 31, 2020
- 1 min
Leadership 101: TAKE OWNERSHIP!
Leadership 101 - TAKE OWNERSHIP! People ask me how to become a better leader. I think the best single word to remember is Ownership! Own...
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Richard Hall
- Aug 28, 2020
- 1 min
Manage Stress like a Boss!
I've only screamed once in a meeting. It was loud, shocking, and I immediately wanted to pull it back (well, not really. Felt good at the...
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Richard Hall
- Aug 27, 2020
- 1 min
Ethical behavior - Always!
I could have titled this "Who wants to be a millionaire?" and "What are you willing to do to get there?” All you have to do is compromise...
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Richard Hall
- Aug 25, 2020
- 1 min
Never sacrifice your family for a job
I once ran the technology for a small, outsourced call center company. It went through a 3-way merger and I ended up with 14 locations. I...
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