The UpFlip Podcast

195. How to Run a Small Business Like a $100M Company

Jul 14, 2025
Dan Frank, a former CEO with a rich background in global logistics, shares his journey of transforming a local print shop into a multi-million dollar enterprise. He discusses applying corporate strategies to small business operations, particularly during the challenges posed by the pandemic. Key insights include using crises as innovation catalysts, implementing productivity tracking systems, and fostering a merit-based company culture. Dan emphasizes the importance of measuring efficiency and shares actionable steps for entrepreneurs to optimize their business.
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ANECDOTE

Pivot During COVID Crisis

  • Dan Frank furloughed most of his staff during COVID but kept healthcare benefits to support them.
  • They pivoted from sports printing to retail, re-engineered processes, and redeveloped software to innovate through the crisis.
ADVICE

Measure to Improve Productivity

  • Measure everything in manufacturing to improve productivity and quality.
  • Set clear, attainable performance standards and mentor employees to foster growth without harsh criticism.
ADVICE

Meritocracy Drives Motivation

  • Implement a meritocracy where employee compensation and promotions are tied to measurable performance.
  • Reward high achievers rapidly to motivate growth and retain talent.
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