In this episode of the Emerge Dynamics podcast, David and Eric dive into the topic of price controls, examining their historical context, economic theory, and practical implications for business owners. They discuss how price controls, often instituted by governments, impact supply and demand, leading to market distortions and shortages. Using examples such as the dairy industry and historical references from the 1970s, the hosts explain how such policies can hurt vulnerable populations and business owners. They also provide insights on how business owners can prepare for and react to potential price controls, emphasizing the importance of awareness and political engagement.
About Emerge Dynamics
It All Starts With Purpose
We believe every organization performs at its best when the management team understands its purpose, mission, vision, and how its core competencies uniquely meet a market pain or need. It is only after this alignment that profit-enhancing competitive strategies can lead to success.
Our Mission
We’re on a mission to improve the lives of business owners and their employees by increasing the market value and wealth transfer-ability of the private middle market around the world.
Our Vision
Our vision is of a world in which all businesses reach their fullest potential and become the best version of themselves.
Businesses do this by:
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Creating an engaging environment where all employees live the company mission and vision to build their community by serving their customers in their own unique way
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Understanding that all proper profits and returns on investment come only from improving customers’ lives by delivering products and services to them at better prices and/or higher quality than they could have had on their own
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Understanding the assets invested in their business and how to deploy them to maximize returns
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Embarking on a quest of value maximization by maturing the organization (reducing company specific risk), implementing scale-able business processes, team alignment and a methodical road map of organic or acquisition growth.
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Being ready, when the time comes for ownership transition, to do so in a way that maximizes wealth to the selling owner, rewards employees for their participation in creating that value, and allows a buyer to realize the full value that has been built within the organization.
Recent Posts
- Episode 78: From Cowboy to Metal Roofing Entrepreneur With a BHAG, Mission, and Vision That Drive Performance November 2, 2024
- Episode 77: Good Leaders Change from a “Me” mindset to a “We” mindset October 29, 2024
- Episode 76: Navigating Breakeven Points and Cash Flow Planning for Middle Market Businesses October 9, 2024
- Episode 75: Mastering Presentation Skills: Efficient, Effective, and Compelling September 20, 2024
Episode 71: Who’s afraid of price controls? I am
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Recent Posts
- Episode 78: From Cowboy to Metal Roofing Entrepreneur With a BHAG, Mission, and Vision That Drive Performance
- Episode 77: Good Leaders Change from a “Me” mindset to a “We” mindset
- Episode 76: Navigating Breakeven Points and Cash Flow Planning for Middle Market Businesses
- Episode 75: Mastering Presentation Skills: Efficient, Effective, and Compelling
- Episode 74: Mastering Cash Flow and Financial Planning for Small Businesses
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