( our tracks are a bit out of sync so our responses to each others comments don’t always sound timed correctly – we’re working on our internet signal to fix this) Eric and David discuss some current events including what might be happening with interest rates. Check out Episodes 36 and 59 where we discuss CPI in more depth: https://emergedynamicspodcast.com/episode-59-how-to-forecast-seasonality-and-does-shadowstats-com-give-a-better-view-of-inflation-than-the-cpi/ Episode 36: Growing Your Business Through A Downturn – Are More Price Increases Coming? The CPI isn’t telling you what you think ..read more

What is the best way for a business to develop a strategy?On this episode of Emerge Dynamics we’ll be discussing several frameworks for strategy while highlighting the pitfalls of giving this lip service. Once you know your purpose, vision, and objectives, it’s time to start putting a strategy in place. Your strategy is the “how” of your business, and once you understand your strategy, it informs how you articulate and refine your objectives. Knowing what your strategy is and isn’t is crucial to understand before creating one. Your strategy needs to make you stand out from the competition and ..read more

David and Eric discuss that the myriad of external risks that business owners face and how to balance insurance and cash reserves with risks the business takes. They look through the lens of the preparedness chapter of Q Source which is the leadership book of F3 Nation. https://f3nation.com/q/ There are expected circumstances we need to prepare for, but there are always unexpected external shocks that we know will come but we don’t know when or what they will be. How do we prepare for those ..read more

In today’s podcast episode, we’re going deep into the complex world of corporate finance and budgeting as we face the economic uncertainties of 2024. We’ll explore the various challenges and considerations that business owners and managers must contend with in this volatile economic landscape. The recent announcement from FedEx about an expected slowdown really caught our attention—it’s a potential red flag for the broader economy that we just can’t ignore. Last year’s industry shake-ups have taught us that sticking to outdated annual planning models is like trying to navigate a storm with an ..read more

Eric and David wrap up a mini series on sales by discussing non-manipulative selling and concepts from the book Find Your Six: Stop Lead Generating, Start Building Influence by Patrick Kilner. They discuss the importance of authentic relationship and of creating value for clients. They also discuss how this factors into the valuation of your business. “Here’s the bottom line: if your business is dependent on a lead gen model, you are fast becoming dispensable when it comes to actually generating business.” – Patrick Kilner Learn more here: https://www.findyoursix.com ..read more

In this episode, David and Eric discuss the current drop in consumer sales across the country. They remind us to focus on not just selling “widgets”, but to go deeper and to demonstrate to customers how your business or product can improve their lives. David and Eric also share tips for monitoring monthly sales goals in a more effective and targeted way ..read more

In this episode, David and Eric discuss how to incorporate seasonality into your revenue forecast. They give reasons why you should do this and a practical guide on how to do it. They also discuss the September CPI and wander how accurately it describes how expensive American life has become. They look at www.shadowstats.com as a possible alternative picture ..read more

https://www.fool.com/investing/2023/08/10/warren-buffett-is-sitting-on-a-147-billion-pile-of ..read more

In this episode, we discuss the EVA metric which includes the opportunity cost of running your business. Many business owners think that positive net income means that their business is doing well, but is your business creating more value than it’s costing? EVA = NOPAT – (WACC * capital invested)         forsook [fawr-sook] verb – the simple past tense of forsake ..read more

In this episode, we look at current and historical data from the Federal Reserve and discuss what the inverted yield curve tells us about the state of our economy. The SLOOS Report is a quarterly survey of senior loan officers of banks. According to their date, over 50% of banks are seeing a decline in demand. This creates a challenge for those of us running businesses specifically in the areas of finance and growth. https://www.federalreserve.gov/data/sloos.htm https://fred.stlouisfed.org/series/T10Y2Y ..read more