David C Barnett Small Business and Deal Making M&A SMB

David S 2023 Live Christmas Eve Special!

Dec 22, 2023
Join David C Barnett for a special Christmas Eve live event filled with engaging conversations, laughter, and anticipation for the upcoming year. Guests Rocky Lalvani, Mike Finger, and Henry Lopez share insights on financial management, planning for the future, thriving businesses, challenges in reality TV shows, remote work, AI impact, banking news, and importance of money and resources. The speakers also discuss growing a coaching business, AI-generated articles, and make predictions for the future of AI.
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ADVICE

Use Business Dashboards Proactively

  • Do create a business dashboard with key metrics to detect performance issues early.
  • Use monthly and yearly comparisons to adjust operations promptly and avoid surprises.
INSIGHT

10x Growth Demands New Thinking

  • Growing a business 10x requires different thinking, not just more effort.
  • Incremental growth focuses on grinding; exponential growth focuses on innovation.
ANECDOTE

Using Weather to Forecast Sales

  • A fried chicken franchise owner used weather and historical sales data to optimize inventory.
  • This allowed minimizing waste and meeting customer demand accurately.
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