In this podcast, Tony shares the 4 steps to terminating an employee who once was a fiercely loyal always reliable employee or a FLARE and has turned into a fiercely loyal but isn’t producing or FLIP employee.
Tony explains how we are currently setting ourselves up to be victims of ageism and risking our jobs and businesses because of it. Also, a special thank you to Rosanna Berardi, owner of Berardi Immigration Law for hosting my book signing.
Winter is coming! The recession happens on average every 6 years, we are now in year 10 without one. Tony explains what the inverted yield curve is and why it's getting so much news. He then explains a more important question to answer than "When is the recession going to start?" He finishes by sharing three ratios that will help your company become recession proof.
During this podcast, Tony explains why Ryan O'Reilly went from playing below average for the Buffalo Sabres to becoming the 2019 MVP of the Stanley Cup playoffs for the champion St. Louis Blues in just one season. He then shares the simple secret so you can create a Stanley Cup-like winning team for your business.
Tony explains why becoming respectfully candid will improve the lives of all those you are being candid with while enriching yours in the process. Tony then tries something new because he has more time after breaking his toe by extending the podcast when he "free forms" after the ending credits.
Tony shares a recent experience on why it's important to check social media and google the applicants you're serious about hiring.
Profit sharing programs are a complete waste of money if they are based on net income. Tony shares three simple steps for you to create the most effective KPI (Key Performance Indicator) incentive program for all your employees.
Brian Grunert shares his story on how his passion for music and design helped him become a Grammy winner (and 6 time nominee) and how that eventually turned into a full time brand design business - White Bicycle. During the conversation, Brian shares a great story about meeting one of his idols Rush drummer Neil Peart (twice) and also explains his transformation from operating a business using gut instinct to operating one with the help of accurate, timely financial reporting.
Link to White Bicycle website
Tony shares an important rule - the NIECE (Net Income Effect by Cutting Expenses) rule that every business owner (and his/her team) needs to understand and apply to their business. If applied properly, it will increase profits significantly faster than by increasing sales.