Unlocking Hidden Profits: How to Cure "Profit-itis" and Boost Margins with Ben Hansen

Welcome to the Manufacturer’s Network Podcast! In this episode, host Lisa Ryan sits down with Ben Hansen, a 5-time Inc. 5000 entrepreneur, founder of an 8-figure staffing firm, and expert in maximizing profitability for $2M–$50M companies. Ben is the "Profit Doctor," helping businesses identify and eliminate “profit leaks” to significantly boost bottom-line results.

Key Topics Covered:

- Ben’s Journey: From his early days at Dell and Microsoft to launching his own fast-growth company and eventually becoming the go-to expert for curing "profit-itis."

- Understanding Profit-itis: Why having strong revenue doesn’t always mean healthy profits, and what profit-itis looks like in manufacturing companies.

- Biggest Profit Myths Debunked: The dangers of focusing solely on revenue growth and why the popular “hockey playbook” doesn’t work for most businesses.

- The 80/20 Rule & The 50/20 Formula: Ben explains how identifying and cutting the least profitable products, clients, and employees can fast-track margin improvement.

- Profit Killers: How profit psychology, unprofitable products, toxic employees, and the myth that “more is always better” can undermine your success.

- Simplifying Financials: Transforming complex P&Ls into actionable reports that help non-accountants make better decisions.

- Accounting Blind Spots: Common mistakes in financial analysis, including underestimating the cost of difficult clients and the impact of soft costs.

- Growing Without Growing: How many firms can substantially improve profits without adding a single dollar to revenue—sometimes by getting smaller and more focused.

- Actionable Steps: Ben shares his Profit Accelerator and Profit CFO programs, designed to simplify your numbers and create massive gains.

Resources & Links:

- Connect with Ben Hansen at https://www.profitdoctor.com

- Find Ben on LinkedIn: https://www.linkedin.com/in/benhansenprofitdoctor

- For CEOs looking to break the cycle of low profits, schedule a check-in with Ben

If you’re a business leader tired of working harder for less, this episode is packed with practical insights and real-world strategies you can put to work right away!