dylan’s Podcast

Amazon can sell food to its customers without making money because it has other products and services to offer them. It’s competitors – other grocery stores – cannot afford to sell food without making money because that’s their business. What is your business giving away to generate customers? Whatever is being given away - including time, energy and money – is that the best use of those resources? Could your business be doing something different to get a better result?

Click here to watch this episode on YouTube

Facebook: http://bit.ly/2ntaWI7

LinkedIn: www.linkedin.com/in/gallagherdylan

Link used in today's vlog:

https://www.wsj.com/articles/amazon-doesnt-need-to-make-money-on-groceries-putting-pressure-on-wal-mart-kroger-1503874354

"music by Joakim Karud https://soundcloud.com/joakimkarud"

Walmart and Amazon team up on a patent for floating warehouses and drones to address a known problem in their business. What are you doing to address known problems to ensure the future success of your business?

Click here to watch this episode on YouTube

Facebook: http://bit.ly/2ntaWI7

LinkedIn: www.linkedin.com/in/gallagherdylan

Link used in today's vlog: 

http://www.theblaze.com/news/2017/08/19/walmarts-employing-a-new-marketing-tactic-that-will-have-some-scratching-their-head/

"music by Joakim Karud https://soundcloud.com/joakimkarud"

Fitbit announces a new product to compete with Apple Watch. More features doesn’t always mean more value. Is it better to have 1 customer in 100 separate markets or 100 customers in 1 specific market? Your business can’t be all things to all people if it wants to be profitable.

Click here to watch this episode on YouTube

Facebook: http://bit.ly/2ntaWI7

LinkedIn: www.linkedin.com/in/gallagherdylan

Link used in today's vlog:

https://venturebeat.com/2017/08/28/fitbit-announces-300-ionic-smartwatch-with-water-resistance-gps-and-heart-rate-monitoring/

"music by Joakim Karud https://soundcloud.com/joakimkarud" 

 

"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.

Click here to watch this episode on YouTube

Facebook: http://bit.ly/2ntaWI7

LinkedIn: www.linkedin.com/in/gallagherdylan

 

 

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.

Click here to watch this episode on YouTube

Facebook: http://bit.ly/2ntaWI7

LinkedIn: www.linkedin.com/in/gallagherdylan

Link used in today's vlog:

http://fortune.com/2017/07/10/7-11-soylent-drink/

"music by Corey Gagne Not The King https://soundcloud.com/coreygagne"

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.

Click here to watch this episode on YouTube

Facebook: http://bit.ly/2ntaWI7

LinkedIn: www.linkedin.com/in/gallagherdylan

Link used in today's vlog:

http://fortune.com/2017/07/10/abercrombie-fitch/

"music by Joakim Karud https://soundcloud.com/joakimkarud" 

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?

Click here to watch this episode on YouTube

Facebook: http://bit.ly/2ntaWI7

LinkedIn: www.linkedin.com/in/gallagherdylan

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

"music by Joakim Karud https://soundcloud.com/joakimkarud"

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?

Click here to watch this episode on YouTube

Facebook: http://bit.ly/2ntaWI7

LinkedIn: www.linkedin.com/in/gallagherdylan

Link used in today's vlog:

https://www.bloomberg.com/news/articles/2017-06-15/spotify-losses-widen-after-music-site-flags-accounting-errors

"music by Corey Gagne Not The King https://soundcloud.com/coreygagne"

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?

Click here to watch this episode on YouTube

Facebook: http://bit.ly/2ntaWI7

LinkedIn: www.linkedin.com/in/gallagherdylan

Link used in today's vlog:

https://www.bloomberg.com/news/articles/2017-07-05/can-millennials-save-the-motorcycle-industry

"music by Joakim Karud https://soundcloud.com/joakimkarud"

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?

Click here to watch this episode on YouTube

Facebook: http://bit.ly/2ntaWI7

LinkedIn: www.linkedin.com/in/gallagherdylan

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/

"music by Dyalla Swain https://soundcloud.com/dyallas"