Peter Lohmann's Podcast Greg Crabtree - How To Escape The Business Black Hole of Growth
Season 2, Episode 9 of the Owner Occupied podcast with Peter Lohmann & special guest Greg Crabtree. In this episode we discuss:
(00:00) - Introduction
(01:35) - Greg’s career and Background
(08:40) - What do you think it is about the Simple Numbers approach that has resonated so much with people in Property Management?
(11:43) - What are some common mistakes you see small business owners making that can be easily fixed?
(16:27) - Why are you a proponent of not playing games to save money on taxes?
(21:16) - Second Nature Ad Read
(23:10) - The importance of having an emergency fund
(25:24) - How does ROIC work in practice? (Return on Invested Capital)
(33:52) - The ‘Black Hole’ between $1mm-$5mm in revenue
(42:16) - Appfolio Ad Read
(43:44) - The Labor Efficiency Ratio
(51:17) - Thoughts on the current labor shortage, inflation, the population crisis, & raising prices
(01:02:46) - When does it make sense to bring your finance function in-house?
(01:06:35) - Where’s the best place for people to learn more about you?
Learn more about Greg Crabtree & how to connect with him here:
Simple Numbers by Greg Crabtree
The Struggle to Reverse a Shrinking Population
Learn more about Peter Lohmann & how to connect with him here: