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As a business owner, you know what it’s like to lie awake at 2 a.m. Maybe it has happened when you are excited and full of new ideas for your business. More often, it’s because you are worried about issues you will face the next day. Sometimes, it’s because you just woke up with the solution to a problem. I’ve experienced all those emotions about my businesses over the years. Awake at 2 o’clock? is where I share them with you, and hopefully help with answers that will let you sleep.
John F. Dini, CExP, CEPA
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Small business owners are the Hunters of the 21st century. We are 3% of the US population, and yet we create over half of all American jobs. As Hunters, we may not be inclined to manage by the numbers or stick to systems. Are you a Hunter or a Farmer?
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How prepared are you to exit your company?
The Assessment breaks down the four major categories of exit readiness; Finance, Planning, Operations and Revenue/Profit.
Tag Archives: Baby Boomers
Supply Chains and Labor Shortages
Supply chains and labor shortages are the chief topics among the 40 or so business owners I currently work with. Their anecdotes are widespread and widely varied. I wanted to know why, so I did some research on behalf of … Continue reading
2 Responses to Supply Chains and Labor Shortages
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EBITDAC III: Where are we now?
EBITDAC is a facetious term for Earnings Before Interest Taxes Depreciation Amortization and COVID. I first discussed it in this column back in April of 2020, with an update on the impact of PPP loans in May of that year. … Continue reading
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The Missing Employees
Are you missing employees? Where did they go? I just got off the phone with a restaurant owner who temporarily closed one of his locations so that he could redistribute the staff to the other three. I’ve also heard or … Continue reading
4 Responses to The Missing Employees
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Love this article … every Coaching Client I have is having issues finding qualified candidates at any price. I tell them they will need to “buy” their “A” employees. All the “A’s” are employed. The mention of the “no shows” to interviews is also a new phenomenon.
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great article, Posted it to LI.
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As always, John, you’ve avoided offering the simple or obvious answer and explained another complex issue that has a multitude of causes. Thanks for taking the time to put this together.
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My clients are also experiencing interview no-shows as well as people who sign up to work and then disappear after 2 or 3 days and are never heard from again!
There are other factors in the labor issue: including people rethinking their life choices. But you are right “the government paying….” is not the answer to the question why can’t we find workers.
I know about supply chain disruptions. Ordered two garage doors in April for a barndominium that I was building in Washington State this year and they arrived in October. Crazy.
Of course I kept myself from being bored with other activities like backpacking, fishing, hunting 4-wheeling and gold dredging… the waiting was tough but I survived.