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CarlGould-#70secondCEO-Fixed Costs-Part 2

Carl Gould #70secondCEO

Release Date: 02/11/2020

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Sometimes you need a ‘trigger event’ to push you to the next stage. Want to hear Carl's? #70secondCEO weekday mornings at 7am. Read full transcript: Hi everyone, Carl Gould here with your #70secondCEO. Just a little over one minute investment every day for a lifetime of results. Or was there a trigger event, I remember when I had my construction business in the late 90s and early 2000s, and 911 hit. And I remembered, on that day I remember thinking, you know cause I didn't enjoy my construction business and I certainly by 2001 was more than ready to leave it. And I was like, what am I...

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Who do you work for? You better find out...A quick daily hit with Carl Gould to achieve a lifetime of results. #70secondCEO your micro-podcast...GO!

Read full transcript:


Hi Everyone, Carl Gould here your #70secondCEO, just over a minute of investment per day for a lifetime of results.

Fixed costs are great when things are going good, right, but 2 months and you can wipe out you know, 4 months worth of good deliveries so, try to just stay as lean as possible. Here’s the other thing that’s going to happen, we’re going to have, you’re going to have a lot more profit margin. you’re going to have a lot more profit margin.

You’ll put some, but what you’re going to do with most of it is, you’re going to re-invest it back in your business, into your product or give your clients more than what they got before. Right, you will re-invest in that relationship which is great which will lead to, which will lead to more growth.

So, if you’re running a public company, you’re like wow, great, my responsibility is to my shareholders. But you’re an entrepreneurial company, your responsibility, you think is to your client. You run a publicly traded company, f...the client. I work for the shareholders, I don’t work for the client, but you all work for the client.

Like and follow this podcast so you can learn more. My name is Carl Gould and this has been your #70secondCEO.