Optimizing Inventory Counts for Business Profitability

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The chapter showcases a business's success in increasing profitability by transitioning from annual to weekly inventory counts, leading to operational insights, reduced inventory levels, and new market opportunities. It highlights the significant impact of simple operational changes on the bottom line, with a 3% increase observed in just 18 months. The discussion also delves into the societal responsibility of business owners to promote growth and contribute positively to communities.

Adam Wainwright is an Investor, Soldier, Accountant, Ironman Triathlete, 747 Pilot, 2X Founder, 3X CEO. He built more than 400M of enterprise value. He is determined to make business better, improve the quality of lives and help the next generation find success and solve the hard problems.

Top 3 Value Bombs

1. Most of the time, we react and interact with systems that were used to interacting with and if it's not easy and it's not seamless, then we don't do it.

2. Inventory is a huge part of most balance sheets. Entrepreneurs know that inventories are hard to deal with.

3. We can boost the bottom line if we figure out what we have, we figure out what we need and we figure out how we can sell what we don't need.

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