962 - 9 Invisible Profit Killers - Part 1

Charley has set a certain amount for himself to invest each month. Will your profit margins allow you the same? [02:19]

Drama in the workplace has the power to derail productivity and kill profit. [07:21]

Is your own personal drama getting in the way of business performance? [10:56]

Hiring the wrong person can cost you dearly in both money and wasted time. [14:45]

Putting off your hiring could lead to hasty recruitment and regrets. [17:25]

Training the team you hire will improve your capacity to make a profit. [22:28]

Are you and your team applying the 80:20? [27:56]

Having the right people on your team makes for less drama and better effectiveness at work. [30:47]

It pays big to recognize when a trend is on its way out and to make appropriate business changes. [34:06]

Embracing and adapting to change lowers the risk your business will lose money. [38:47]

Changing too often, however, means you never get good at something, which damages your ability to make profit. [41:02]

Look forward to part two of James and Charley’s discussion. [45:56]