Maximizing Profit and Freedom: Marcia Riner on Strategic Growth and Financial Mastery

Join Richard Walsh and Marcia Riner as they explore the intersection of family and business. They discuss how missed opportunities affect family dynamics and outline key elements for business success. Learn about managing money for profitability, planning, and financial strategies to boost profits. The conversation highlights the importance of external perspectives, critical thinking, and evaluating an owner's time. Richard shares his advisor experiences and emphasizes strengthening businesses for freedom and economic resilience. Discover the necessity of continuous growth, expert help, and role transitions. The episode concludes with insights on optimizing economic engines and the power of small, consistent changes.

Speakers

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Richard Walsh

Host • 59%

Marcia Riner

Guest • 41%

Chapters

0:00	Introduction and the importance of family in business
1:15	Guest introduction: Marcia Reiner
2:59	Missed opportunities and family impacts
5:59	Key elements for business success
8:42	Managing money for profitability
10:03	Strategies for financial management
14:25	Planning and strategy for growth
18:00	Incremental changes for profit
19:29	External perspective and critical thinking
22:37	Richard's experience with advisors
24:15	Evaluating an owner's time worth
27:12	Business attractiveness to buyers
29:58	Strengthening company for freedom
30:08	Preparing for economic downturns
32:41	Business growth analogy
35:26	Continuous growth necessity
37:36	Seeking help for business problems
39:18	Value of experts and advisors
41:38	Transitioning roles in business
43:02	Optimizing your economic engine
45:14	Benefits of small changes
48:19	Consistency in business practices
51:00	Defining business goals
52:14	Connecting with Marcia Riner
53:24	Sponsor: Profit Booster Audit
54:03	Learning stages and coaching
55:01	Closing remarks
55:28	Sponsor: Sharpen The Spear Coaching

Transcript

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