Fish Innovation Podcast
Ben Fish is a seasoned product executive with 20+ years in product management, strategy, & innovation. He helps small and mid-sized businesses grow through product development & go-to-market strategies delivering actionable solutions.
Coaching, Profit Strategies, and Business Transformation with Richard Walsh
Ben Fish and Richard Walsh discuss Richard's transition from the Marine Corps to business coaching. They explore how the 2008 economic downturn influenced business perspectives and the importance of work-life balance. Richard shares insights on establishing a coaching academy and common patterns in small business management. The episode delves into pricing strategies, profit optimization, and breaking free from operational constraints. They highlight the significance of managing P&L, reducing expenses, and building strong client relationships. Richard provides strategies for uncovering hidden profits and emphasizes learning from failures.
Key Points
- Profit is the key enabler for business growth, allowing for strategic hiring, system improvements, and market expansion.
- Understanding and optimizing your profit and loss statement is crucial for sustainable business success.
- Failure is a natural part of entrepreneurship, but quitting is not an option; seek help and coaching to overcome challenges and avoid repeating mistakes.
Chapters
| 0:17 | |
| 1:07 | |
| 3:17 | |
| 5:04 | |
| 7:09 | |
| 10:35 | |
| 13:19 | |
| 19:21 | |
| 21:17 | |
| 23:28 | |
| 31:00 | |
| 33:29 | |
| 37:31 | |
| 37:58 | |
| 38:14 |
Transcript
Loading transcript...
- / -