July 28, 2017
"We are not going to make payroll this week" says someone from the accounting team to the entrepreneur(s) running the business. "WHAT! How the #$*! did that happen?" is the response followed by a series of emotionally charged words that would make anyone listening feel very awkward 😳.
Believe it or not this conversation is not unusual. In fact, any company that is growing and reaching new levels of revenue will most likely have a conversation like this a few times on their journey. Conversations like this usually lead to more conversations about the broken parts of a business that result in cash not being available to meet obligations.
But broken businesses can be fixed. How? Listen now to find out.
Does your business need money? Do you need someone to discuss your business challenges and opportunities with? Let's chat.
Blog:
www.dylangallagher.blog
Website:
www.mlenow.ca
Facebook:
www.facebook.com/mlenow
July 13, 2017
Soylent takes a page from the 5 hour energy drink playbook and begins selling their products through 7-11 stores in the LA area. If you want the same results as everyone else, do what everyone else is doing. If you want different results, do something different. Beating your competition usually involves being bold and taking a risk on a strategy or a tactic they aren't using.
YouTube: https://youtu.be/u9mwrD8uFiM
Facebook: http://facebook.com/mlenow
LinkedIn: http://linkedin.com/in/gallagherdylan
"music by Corey Gagne Not The King https://soundcloud.com/coreygagne"
Link used in today's vlog:
http://fortune.com/2017/07/10/7-11-soylent-drink/
July 12, 2017
Abercrombie & Fitch decides not to sell itself as it believes there are still opportunities to take advantage of and value to unlock. Sometimes making the tough decision to not close your business is the best decision you can make if you believe in the value that your business provides.
YouTube: https://youtu.be/4lCxEnOGX98
Facebook: http://facebook.com/mlenow
LinkedIn: http://linkedin.com/in/gallagherdylan
"music by Joakim Karud https://soundcloud.com/joakimkarud"
Link used in today's vlog:
http://fortune.com/2017/07/10/abercrombie-fitch/
July 11, 2017
Volvo announces that after 2019 it will phase out vehicles that are solely powered by fossil fuels. They have made the announcement and are clearly positioning themselves for the future. What is your business doing to prepare for the future customers of your product or service?
YouTube: https://youtu.be/uR3XpnNttG4
Facebook: http://facebook.com/mlenow
LinkedIn: http://linkedin.com/in/gallagherdylan
"music by Joakim Karud https://soundcloud.com/joakimkarud"
Link used in today's vlog:
https://www.bloomberg.com/news/articles/2017-07-05/volvo-cars-joins-electric-race-with-plan-for-five-battery-models
July 7, 2017
Spotify loses more than $600 million dollars. They have more than 50 million subscribers and can’t figure out how to actually make real money. This is not uncommon. Many entrepreneurs and business owners confuse sales and profit. Do you know how your business earns profit?
YouTube: https://youtu.be/fBbYR8lmyL4
Facebook: http://facebook.com/mlenow
LinkedIn: http://linkedin.com/in/gallagherdylan
"music by Corey Gagne Not The King https://soundcloud.com/coreygagne"
Link used in today's vlog:
https://www.bloomberg.com/news/articles/2017-06-15/spotify-losses-widen-after-music-site-flags-accounting-errors
July 6, 2017
Harley Davidson, Honda, BMW and other motorcycle manufacturers have been forced to figure out how to design and sell to a new market of customers. A younger demographic of potential buyers does not want the same price and features of an older demographic. How is your business changing to accommodate the different behaviors and patterns in your customer base?
YouTube: https://youtu.be/5Us7jzIN36A
Facebook: http://facebook.com/mlenow
LinkedIn: http://linkedin.com/in/gallagherdylan
"music by Joakim Karud https://soundcloud.com/joakimkarud"
Link used in today's vlog:
https://www.bloomberg.com/news/articles/2017-07-05/can-millennials-save-the-motorcycle-industry
July 4, 2017
AI and automation continue to over processes and tasks that people have traditionally done. The opportunity for businesses is to increase their profits by improving the experience and value provided to customers. How will your business re-purpose its people during this shift in the market?
YouTube: https://youtu.be/lVTCL-DnpAQ
Instagram: https://www.instagram.com/gallagherdylan/
Facebook: http://facebook.com/mlenow
Twitter: http://twitter.com/dylangallagher
LinkedIn: http://linkedin.com/in/gallagherdylan
"music by Dyalla Swain https://soundcloud.com/dyallas"
Link used in today's vlog:
https://venturebeat.com/2017/06/14/ai-killed-800000-jobs-in-the-u-k-but-created-3-5-million-new-ones/
July 3, 2017
Amazon is obsessive about removing pain and friction for its customers. By focusing on this Amazon is able to consistently grow its revenue and expand its reach in the market. How does your business remove pain for customers?
YouTube: https://youtu.be/CDagEnvnpp8
Instagram: https://www.instagram.com/gallagherdylan/
Facebook: http://facebook.com/mlenow
Twitter: http://twitter.com/dylangallagher
LinkedIn: http://linkedin.com/in/gallagherdylan
"music by Joakim Karud https://soundcloud.com/joakimkarud"
Link used in today's vlog:
http://fortune.com/2017/02/02/this-is-what-amazons-jeff-bezos-understands-and-walmart-doesnt/
July 3, 2017
Apple Music decides to compete on price with Spotify by offering a $99 annual fee. Price is one of the most obvious points to compete on but is it the best strategy? Does your business compete on price or does it compete on the value and experience it delivers?
YouTube: https://youtu.be/AGg1TDlK05I
Instagram: https://www.instagram.com/gallagherdylan/
Facebook: http://facebook.com/mlenow
Twitter: http://twitter.com/dylangallagher
LinkedIn: http://linkedin.com/in/gallagherdylan
"music by Dyalla Swain https://soundcloud.com/dyallas"
Link used in today's vlog:
https://techcrunch.com/2017/06/19/apple-music-quietly-added-a-99-annual-subscription-plan/
July 3, 2017
Taco Bell gets blasted on social media for its new food menu item not looking like anything represented in the marketing material for it. What about your business? Does your business deliver a product or service as well you think it does?
YouTube: https://youtu.be/6HGz9YfxDWk
Instagram: https://www.instagram.com/gallagherdylan/
Facebook: http://facebook.com/mlenow
Twitter: http://twitter.com/dylangallagher
LinkedIn: http://linkedin.com/in/gallagherdylan
"music by Joakim Karud https://soundcloud.com/joakimkarud"
Link used in today's vlog:
http://www.businessinsider.com/taco-bell-double-chalupa-expectations-vs-reality-2017-6
