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Episode 51: The Second Most Important Person to Build a Strong Company

The discussion on turnaround management continues today with a discussion on weak finance function. As a business owner, it is your responsibility to have integrity and to hire people to work in finance who will hold the line. It’s not just about the numbers, it’s about recording financial data according to fundamental principles with correct…

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Episode 50: You Can’t Put Lipstick On A Pig!  – Signs Your Business May Be In Trouble

Today we’re highlighting some adverse trends that indicate problems are arising in your business. If your business is struggling because you’ve hit a plateau, or your business is headed in the wrong direction, you’ll want to pay attention to these warning signs of decline. Poor working capital controls will ultimately get your business into trouble….

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Episode 35: Growing Your Business Through A Downturn – Which Industries Thrive and Which Get Hammered

Curious to look ahead at how an economic downturn might impact your business? Looking ahead is the first step to being prepared. When a downturn starts, the mainstream narrative explains that a recession begins when consumers stop spending, as if all consumers suddenly wake up one day and decide not to spend money. Looking deeper,…

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Episode 32: How A Non-Techie Business Owner Should Start Thinking About Web 3.0

Let’s talk about technology. Specifically, blockchain technology and how it is going to impact business owners. This new technology, including Web 3.0 and cryptocurrency, will change the way you interact with clients and other businesses. When the web was first introduced as Web 1.0, it brought a lot of excitement to business owners because it…

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Episode 27: Reflecting On What We’ve Covered So Far, Where We’re Going and What We’re Thankful For

In this Thanksgiving episode of Emerge Dynamics, we’re talking about what we’ve covered so far in this podcast, what we’ll be covering in the near future, and what we’re thankful for. Although the podcast is fairly new, it has welcomed some amazing guests so far. There’s also been a lot of talk about business drivers,…

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Episode 19: Amy Bakay of HR NOLA Discusses An Important Component of Strategic Planning: The People On Your Team

On this episode we’re joined by Amy Bakay, founder of HR NOLA. HR NOLA is a human resources consulting business that offers both onsite and remote HR services. Diving right into the topic of HR is the perfect opportunity to circle back on and unpack an important component of strategic planning: the people on your…

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Episode 17: Adjust Your EBITDA Or You’ll End Up With The Wrong Value… And EBITDA Isn’t Everything

In this episode: David and Eric discuss EBITDA’s limitations and adjustments and why they are so important to understanding your business’ value. We also discuss some critiques of using EBITDA including the famous one from one from Charlie Munger, Warren Buffett’s longtime business partner who boldly stated: “I think that every time you see the…

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