Paul Downs

In this engaging discussion, Paul Downs reflects on tough staffing decisions during a sales drop, emphasizing the importance of empathetic layoff communications. Liz Piccarazzi shares her journey through tariff changes while seeking U.S. manufacturing options for her products. David Barnett offers insights into business valuation, stressing the idea that a company can hold more value for its owner than for potential buyers. Kate Morgan highlights the pitfalls of underpricing in recruiting, sparking a debate about sustainable pricing strategies.

Channon Kennedy, founder of Kiwi Vision and inventor of the Morgan Square tool, shares her journey of balancing a banking career with her growing hardware business. She discusses the excitement of fulfilling orders and her plans for international expansion. Paul Downs, CEO of a custom cabinet-making business, provides an update on his company's recent sales rebound after facing layoffs. He reveals how shifting military contracts have influenced demand while contemplating staffing decisions amid economic uncertainty. Both guests navigate the challenges of entrepreneurship with resilience.

David C. Barnett, a Canadian business broker, shares insights on the complexities of healthcare with Paul Downs, a CEO facing soaring insurance premiums, and Sarah Segal, a PR agency owner. They delve into the challenges of rising health insurance costs, with Paul bracing for hefty increases. David contrasts Canada’s universal system with U.S. volatility, while Paul emphasizes responsible employer-paid coverage. They also discuss the intricacies of business exits, revealing the importance of owning a business over merely selling it and the significance of client diversification for sustainability.

Paul Downs, CEO of Paul Downs Cabinet Makers, faces staffing challenges in hands-on manufacturing. Jackie Russo, CEO of Brand Russo, champions continuous employer branding and recruitment marketing. William Vanderbloemen, founder of Vanderbloemen Search Group, highlights the increasing fickleness of candidates and critiques the outdated 'hire slow, fire fast' mantra. The trio debates adapting hiring processes, total compensation communication, and the need for agility in today's competitive landscape while preparing for future leadership and AI integration.

In this engaging discussion, Paul Downs, a custom furniture maker, shares his surprising spike in job applications and explores implications for hiring practices with Kate Morgan, an HR expert, and Liz Piccarazzi, who manufactures trash and package bins. They discuss the balance between what companies offer vs. expectations, the impact of AI on job security, and the emotional strain of rejecting qualified candidates. Additionally, Liz provides a cheerful update on her tariff situation, while they weigh the risks of starting a business in today's economy.