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352 Scaling UP! Your Cash Flow

Scaling UP! H2O

Release Date: 02/23/2024

364 Water Abundance: A Global Perspective on Water Technology and Treatment Options show art 364 Water Abundance: A Global Perspective on Water Technology and Treatment Options

Scaling UP! H2O

We have the technology to treat any type of water, so instead of focusing on 'water scarcity,' let's talk about 'water abundance'. - Walid Khoury In the latest episode of the Scaling UP! H2O podcast, we explore how to shift the narrative from "Water Scarcity" to "Water Abundance" with returning guest , President and CEO of . Walid’s global perspective on water technology and treatment options provides invaluable insights for water professionals, industry owners, policymakers, and anyone interested in addressing global water challenges. Here are five strategies Walid provides to guide your...

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363 Pricing Boost: Get Paid Well For Your Excellence show art 363 Pricing Boost: Get Paid Well For Your Excellence

Scaling UP! H2O

“Dogs and prospects can smell fear.” - Casey Brown Are you struggling with pricing your products and services confidently? Do you fear presenting proposals to clients and dealing with objections? Are you unsure how to have effective conversations around price increases? If these questions sound familiar, you’re going to love today’s episode featuring , founder of . Boost Pricing has the singular goal of helping organizations get paid well for their excellence, and in this informative conversation, Casey shares invaluable insights on how to elevate your pricing game and communicate...

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362 Navigating 97-005: Insights and Impacts on Potable Water show art 362 Navigating 97-005: Insights and Impacts on Potable Water

Scaling UP! H2O

“Achieving a well with reliable water quality and supply requires a significant amount of effort and work” - Mike Taraszki In this engaging episode of Scaling UP! H2O, hydrogeologist delves into California's Process Memo 97-005, a key resource for direct potable water use from extremely impaired sources. If you’re eager to learn about the criteria and steps outlined in Process Memo 97-005 and how to keep your water permits current, this episode provides all the details you need. Mike examines the nationwide impact of 97-005 on potable water and shares his expertise in hydrogeologic...

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361 Scaling UP! Your Testing: Answering Listener Questions About Water Testing show art 361 Scaling UP! Your Testing: Answering Listener Questions About Water Testing

Scaling UP! H2O

“I have never regretted having too much data when collecting a sample.” - Trace Blackmore In this insightful episode of Scaling UP! H2O, join your host as he helps water professionals scale up their water testing knowledge, addressing listener questions and providing invaluable expertise for water treatment professionals. Water testing stands as a cornerstone of effective water treatment, and Trace serves as your guide through this vital terrain. With a wealth of expertise, he addresses listener questions, offering invaluable insights to elevate the practices of water treatment...

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360 Unlocking Profitable Sustainability: Winning RFPs and Making a Positive Impact show art 360 Unlocking Profitable Sustainability: Winning RFPs and Making a Positive Impact

Scaling UP! H2O

Ready to uncover how to win RFPs, boost profits, and make a tangible positive impact – all while championing sustainability in your industry? Discover how to demystify sustainability and align your company's practices with environmental, social, and economic goals in the latest episode of Scaling UP! H2O. Host Trace Blackmore sits down with , CEO of , to explore practical strategies for water professionals to embrace sustainability. Learn how small changes in energy efficiency, understanding sustainability scopes, and having sustainability data on hand can give your company a competitive...

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359 Visualizing Success: The Power of Creativity and Problem-Solving in Water Treatment show art 359 Visualizing Success: The Power of Creativity and Problem-Solving in Water Treatment

Scaling UP! H2O

Visualization helps water professionals better understand equipment, processes, and problem-solving techniques Often, as water professionals, we breeze past the intricate inner workings of the equipment we handle, missing out on valuable insights that could enhance our understanding and effectiveness. But what if we took a moment to visualize what's happening inside that cooling tower? Through the simple act of visualization, we can unlock a whole new perspective on the systems we work with, gaining profound insights into their operation. Step into the fascinating world of industrial water...

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358 Safety First: Practical Tips, Big Results in Water Treatment show art 358 Safety First: Practical Tips, Big Results in Water Treatment

Scaling UP! H2O

Did you know that integrating safety practices into your organization's culture can lead to significant improvements in employee engagement and overall performance? Step into the world of safety excellence alongside two industry leaders, Michael Highum and Reid Hutchison, in this enriching episode of the Scaling UP! H2O Podcast. As seasoned experts in their respective fields, Michael and Reid bring a wealth of knowledge and experience to the table, making this conversation a must-listen for anyone seeking to enhance their understanding of safety practices in the water treatment industry. With...

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357 Essential Leadership Skills for Water Professionals: A Guide by Dr. Andrew Temte show art 357 Essential Leadership Skills for Water Professionals: A Guide by Dr. Andrew Temte

Scaling UP! H2O

How does a high school dropout go on to earn a Ph.D. from the University Of Iowa and become the host of one of Apple Podcast’s Top 15 shows on Management? mission is to Teach, Coach, Mentor, and Inspire, and today, the Scaling UP! H2O podcast is honored to feature him. In this transformative interview, Andrew discusses the foundational elements of building company culture, emphasizing that it starts with leadership. He shares valuable insights on why companies should prioritize defining their purpose before diving into marketing strategies. Additionally, Andrew explores the concept of...

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356 Unlocking the Future: Collaborative Water Management show art 356 Unlocking the Future: Collaborative Water Management

Scaling UP! H2O

Collaborate strategically, embrace AI innovations, and champion data access, and scale up your knowledge to conquer industry challenges. - Dragan Savić FREng On this episode of Scaling UP! H2O, we're diving into the future of water management with our distinguished guest, , the CEO of and Professor of Hydroinformatics at the  . With over 30 years of experience in numerical optimization and AI tools, Dragan Savić has been a driving force in reshaping the water sector. As an engineer and the leader of KWR, he's at the forefront of collaborative efforts, bringing together computer...

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355 Backflow Prevention: Safeguarding Water Quality show art 355 Backflow Prevention: Safeguarding Water Quality

Scaling UP! H2O

“Why is the water weirdly blue? Why does it smell bad? Why does it taste bad? The culprit is frequently Backflow.” - Kalpna Solanki Delve into the mysteries behind strange-tinted water, unpleasant odors, and off-putting tastes – all signs pointing to an all too common culprit: Backflow. Uncover the shocking narrative of over 50,000 residents enduring weeks without water due to industrial chemicals infiltrating their drinking supply in Ontario, Canada. Join , President and CEO of the , on a mission to safeguard our drinking water. In this episode, Kalpna Solanki delves into the concealed...

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More Episodes

Like you, we all want our water business to be profitable. 

Embark on a journey to make your water business not just successful, but wildly profitable! While many believe that sales alone can solve all challenges, the truth lies in understanding the intricate dance of profitability and cash flow.

In the wise words of Stephen Covey, "No margin, no mission." We all share the conviction that a thriving business is one that can afford to invest in its people and resources. Even for non-profits, the bottom line remains crucial — successful organizations, whether for-profit or not, need to pay their bills and ensure sustainability.

Sales are undoubtedly a driving force, but the misconception that more sales always mean more success can lead businesses astray. Ever witnessed a company sell itself out of business on Shark Tank? It happens when the demand exceeds the capacity to deliver due to a lack of cash flow.

Enter the eye-opening world of Profit and Loss statements and explore your business through the lens of the Eight Cash Flow Drivers, outlined in the groundbreaking Entrepreneurial Operating System (EOS) by Gino Wickman. These drivers — Price, C.O.G.S. (Cost of Goods Sold), Margin, Ancillary Sales, Service Time, Errors, Compensation/Labor Costs, A/R Days, and G&A Expenses — form a strategic roadmap to enhance your water business's cash flow and profitability.

This new Scaling Up H2O episode unravels the secrets behind these drivers and shows how implementing them can transform your business landscape. Don't miss the chance to elevate your company's profitability starting tomorrow — tune in now to scale up your financial success knowledge!

Your friend as you drive from client to client, 

Trace Blackmore, CWT

 

Timestamps

01:00 -  Upcoming Events for Water Treatment Professionals 

04:40 - How to know if a conference is worthwhile to attend

05:30 - Showing up with a full cup mentality

10:45 - Trace Blackmore invites you to Scaling UP! Your Cash Flow

39:23 - Drop by Drop With James McDonald 

 

Quotes

"Sales for sales’ sake can put you out of business" - Mary Kay Ash, the founder of Mary Kay Cosmetics

"No margin, no mission." - Stephen Covey, author of The 7 Habits of Highly Effective People

 

Connect with Scaling UP! H2O

Email Producer: [email protected]

Submit a show idea: Submit a Show Idea

LinkedIn: in/traceblackmore/

YouTube: @ScalingUpH2O

 

Links Mentioned

Ep 204 Being Profitable with the Boilermaker Hamburger

Ep 260 Profit First

Ep 267 Making a Profit

Ep 315 The Intentional Growth Framework with Ryan Tansom

Shark Tank TV Show on ABC

The Rising Tide Mastermind

Scaling UP! H2O Academy video courses

 

Books Mentioned

The 7 Habits of Highly Effective People by Stephen Covey

Traction: Get a Grip on Your Business by Gino Wickman

What the Heck Is EOS?: A Complete Guide for Employees in Companies Running on EOS  by Gino Wickman

 

Drop By Drop with James 

In this week’s episode, we’re thinking about what happens when a large steam user in a facility suddenly starts using steam. What happens inside the boiler? How is the steam pressure impacted? How does the water level change in response to this suddenly large steam demand? When is feedwater triggered? What is the impact of this cooler feedwater upon the hotter water inside the boiler? How could this impact steam output rate? Could it cause boiler carryover and why? How could low level alarms be triggered if the high demand continued long enough?   

The answers are actually very interesting and interrelated. Spirax Sarco has a nine-part series on YouTube called “The Inside Story.” This is a CLASSIC series that every industrial water treatment professional should watch. They actually let you view inside the boiler as steam is being produced and show what happens at low pressures, high pressures, increased demand, etc. If you’ve already seen the series, they are worth watching again. If you haven’t seen it, get your popcorn and pocket protector, because you’re in for a treat!  Part 6 addresses the topic of today’s Drop by Drop episode on increased demand. I’ll be sure to get the links to Trace so he can hopefully include them into the show notes for this episode. Otherwise, if you search for “steam boilers the inside story” in your favorite search engine, you are likely to find the series.

Spirax Sarco's Steam Boilers - The Inside Story: Part 1 - Introduction

Steam Boilers – The Inside Story:  Part 2 – Basic Boiler Control

Steam Boilers – The Inside Story:  Part 3 – Water Level and Gauges

Steam Boilers – The Inside Story:  Part 4 – Feed Water Control

Steam Boilers – The Inside Story:  Part 5 – Low Pressure Operation

Steam Boilers – The Inside Story:  Part 6 – Increased Demand

Steam Boilers – The Inside Story:  Part 7 – Very High Demand

Steam Boilers – The Inside Story:  Part 8 – TDS Control

Steam Boilers – The Inside Story:  Part 9 – Summary

 

2024 Events for Water Professionals

Check out our Scaling UP! H2O Events Calendar where we’ve listed every event Water Treaters should be aware of by clicking HERE or using the dropdown menu.

 

Water Treatment education