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Core Values Keep the Right People from Walking Out

You do not want your best people walking out on you.

That is true of any business at any time – but it is especially true in today’s labor market. You don’t want your good people resigning because it might be extremely hard to replace them. If you are in the unfortunate position of losing some of your best employees, it may be worthwhile to take a look at how well you as a company are living out your core values in two key areas: hiring, and providing feedback.

First, hiring.

Qualified candidates are scarce right now for many positions. When you have an opening, you might get panicked or impatient as weeks pass without finding a candidate who has the necessary skills and experience for the job and who aligns with your core values. It is easy to rationalize that “somebody is better than nobody” and hire a candidate with the right resume even though they don’t appear to conform to the company’s core values.

The outcome is usually not a happy one. The person may be hardworking and productive, but if they don’t live out your core values, they are going to butt heads with your best employees – the ones who do great work and demonstrate your core values.

This leads us to the second area: providing feedback.

If you have a new or existing employee who is not living out your company’s core values, you need to give them redirecting feedback. That is, you should clearly identify the unwelcome behavior and its ramifications, and specify what needs to change and how. Many leaders shy away from providing feedback out of fear that it will upset the person and cause them to resign, leaving a hole to be filled. However, if you don’t speak out, you are tacitly condoning the behavior and giving the lie to your core values.

Once again, this isn’t going to upset the employee who doesn’t buy in to your core values … it is going to upset your best employees who really do value your core values. Given enough friction and frustration from fellow workers who don’t live out the business’s core values and who are not being held accountable for that failure, your best employees might decide to take their talents to a company that practices what it preaches.

So, before you hire someone who does not align with your core values … before you decide to tolerate behaviors that don’t match up with your core values … ask yourself: do you really want to risk having good people walk out on you? You know you don’t want that. Stick with your core values, and your best people will stick with you.

Mr. Electric of Queensbury

Many entrepreneurs set out knowing exactly what goals they wish to accomplish… But for Air Force veteran Sean Dion, this was not originally the case.

“The business wasn’t really my plan. I planned on retiring working for people,” he said. However, his plan changed for the better when he and his wife decided to take a leap of faith and become the franchise business owners for Mr. Electric of Queensbury.

Mr. Electric is a well-known franchise with over two-hundred locations worldwide, providing electrical installation and repair services to its customers. Sean opened Mr. Electric of Queensbury in 2017 and, since that day, his hard-work and commitment to serving his community has led to immense success for the business.

Sean’s entrepreneurial career began when he was only 16 years old selling newspapers in his community. By saving the money he made, it allowed him the opportunity to obtain an associates degree at Vermont Technical College. “I had one uncle, who was also a Vietnam veteran in the Army, that went to a technical trade school and got a degree in electronics and instrumentation and I just followed his lead to go to school and learn engineering. I didn’t really have a good idea on what I wanted to do so I thought I’d give it a try,” he said.

It was also during this time that Sean met 14 year old Jeanne, who shared his entrepreneurial spirit and was selling newspapers herself. The two shared an adjoining route and, as they spent more time together, their relationship grew. After four years of dating, the two were married.

In addition to his business drive, Sean had a strong desire to serve his country. He came from a long line of military involvement —his parents, grandparents, and uncles all served— and Sean wanted to carry on the legacy: “Two months after my 17th birthday, I enlisted in the Vermont Army National Guard as a mechanic for generators,” he said. “It was an in-the-blood type desire to serve my country like my family had.”

In 1991, the Vermont Army National Guard was activated, and Sean served in Riyadh, Saudi Arabia, where he supported three air traffic control platoons. A year later, Sean transferred to the National Guard and worked as an electrician.

After a little over ten years working for IBM, Sean left and started a career at Global Foundries. It was during this time that he received a solicitation on LinkedIn for an opportunity with Mr. Electric. “I thought to myself, I’ve always worked for somebody but then again always had the entrepreneurial spirit with my wife,” he said. The two traveled to Mr. Electric corporate headquarters in Waco, Texas for an interview, and were eventually offered the position.

After thinking everything over, Sean and Jeanne decided to accept and began building their business. Jeanne, having a background in real estate, took on the office end of the business while Sean focused on the technician aspect. The two made a great team and within just a few months, they were expanding faster than they had planned. “Within eight months of opening we had three vans on the road,” said Sean.

During this period, Sean was still working full time at Global Foundries, and was struggling to manage both jobs. He decided to ask his director to go part-time… However, that same week Sean found out that he was getting laid off. This gave him the opportunity to put all his effort into his business and really invest in what he was passionate about.

“There was a true need for what we’re being commissioned to do and taking that we build a culture where we’re contributing to the community,” he said.

Jeanne and Sean’s hard work paid off because within only three years, Mr. Queensbury made it to Top Gun, an award given to the top franchise owners, ranking number 22 out of more than two-hundred locations.

When asked how he achieved so much success in such a short amount of time, Sean explained: “(I have) a spirit to win. I don’t take no for an answer, I’m very stubborn, very motivated, very focused, but not just that… It’s recruiting good talent and retaining good talent. Instead of focusing on making money, focus on the customer, and focus on taking care of your employees.”

Outside of work, Sean and Jeanne have extended their commitment to the community within their own household by becoming foster parents for several years. At one point, the two were caring for seven kids under the age of seven, while also housing and caring for a World War II veteran they befriended at church: “They actually didn’t call us a foster home, they called us a group home for a period of time,” said Sean.

The two also share two children of their own, Aaron and Meghann. Both of their biological children carried on the legacy of serving their country, and Aaron is currently still serving to this day.

In terms of their business, Sean and Jeanne have big plans for the future – their goal is to expand into Lake Placid and Saranac Lake. Additionally, they are working on opening an office in Plattsburgh that would extend their borders all the way to Canada.

“We’re already starting to get work up there without even advertising,” said Sean.

It’s clear that their success is far from over!

For more information, please visit their website at mrelectric.com/queensbury

Dancing Grain: Save the Farm, Save the Beer.

Looking out over the verdant, rolling acreage at Dancing Grain Farm Brewery, owner Rachel McDermott sees opportunity… More specifically, she sees 6,500 square feet of opportunity. That’s because, after just two short years of operation, Dancing Grain is already in a position to expand.

Leased for the first time by McDermott’s father and uncle back in the 1980’s, the land in Moreau, NY that Dancing Grain now calls home was originally just 230 acres. Its original focus was on producing corn, soybeans, hay and straw… Several decades later, spanning a period in which the property would experience a full tornado and decreasing land bases, the family fully purchased the farmland and the remaining pieces of the original farmstead. Immediately upon doing so, McDermott and her team set to work on outlining a new, and sustainable vision for the future.

DGFB Motto: More out of Less

A capital region native, McDermott grew up in the farming industry with her father, Jim, and uncle, Bob, at her side teaching her the ropes. Although she left the area to attend college at Cornell University, followed by a short stint in the corporate world, McDermott knew that home was where she belonged, and eventually returned to help run the family farm back in 2016.

“When it came to looking to the future, the biggest question at the time for us was, ‘How do we make more with less?'” Referencing a world with shrinking farmland, an economy with higher production prices, and a society that is always looking to the newest and latest, McDermott and her family were determined to find a way to capitalize on the operation they already had established… The final solution? Craft beer, with ingredients cultivated through vertical integration and regenerative farming.

Visions Become Reality

“There are a lot of options in craft beer,” said McDermott. “And a lot of them are very great. What sets us apart however is that we not only craft our own brews, we produce the main ingredients used to make them.” According to their website, DGFB is proud to highlight that over 90% of their ingredients are sourced from their own fields, a statistic not often seen when it comes to craft brews.

We had McDermott elaborate a bit further on how this can be done: “When we originally sat down to think about how to expand our operation, we knew we wanted to enter a sphere that complimented what we already had established,” said McDermott. She continued on to explain how, “at the time, we saw how up and coming the craft brew sector was , and noted that the main ingredients that are needed – grains like malting barley, distillers’ rye, and corn – fit in easily into the rotation of cash crops that our pre-withstanding farm was already built around.”

McDermott elaborated on how, “our team was really excited about this, because not only did this mean we could grow many of the ingredients needed right on our own land, but the ingredients themselves would actually benefit what we already had going… For example, grains help to restore some natural compounds in the earth, like nitrogen, that some of our other products, like soybeans, take out.”

In the end, McDermott acknowledged that “we know that all industries cost something to the land, but with what we were envisioning, we saw how we could institute not just clean farming practices when producing, but truly integrate regenerative farming techniques as well to help minimize the negative impact we may leave behind,” said McDermott.

With a holistic concept secured, and a full 308 acres under their control, the DGFB team began to upgrade the farm by investing in 115,000 feet of tile drainage to increase soil health, fertility, and lengthen the growing season. Dually, McDermott also worked directly with local and regional brewers and distillers to create a specialty grains program designed to enhance the quality and usability of malting barley, distillers’ rye, and corn.

Finally, after several research trials conducted between 2017 and 2021, the team was able to move to the next stage of their vision – a brewhouse and taproom.

Dancing Grain Today

In line with their “more with less” motto, when it came time to develop a structure that would house the next part of their project, the DGFB team thought: “Why don’t we utilize the land and buildings we already own?” referencing the dilapidated farmstead structures they inherited when they purchased the entirety of the farm.

Though it was in rough shape at the start, by hiring a local company to refurbish and renovate one of the barns, the team was able to breathe new life into the space. Today, Dancing Grain is home to a three-and-a-half barrel brewhouse which, in a completely intentional move, also houses their farm style taproom: “When you walk into the taproom you can completely see into the brewhouse. That’s on purpose. We wanted everything to be completely transparent to the customer,” said McDermott.

She continued on to explain “While we want our customers to enjoy their favorite brews, we also want them to understand that everything that we pour into those glasses is just one part of the story. The bigger picture: that of sustainable ingredients, which are sourced through regenerative farming practices, which were developed with intention, and so on and so forth; is all really in an effort to ensure that the products we make here do not take more from the land than they give back to it in some way.”

Officially opened in 2022, the current space is open year round and boasts 14 specially cultivated brews. Throughout the year, one can also find a number of specialty events and themed nights to enjoy with family and friends.

Always Looking Forward

Never ones to stop moving forward, the Dancing Grain family has big plans in 2024 to expand their offerings to the community – McDermott is about to begin a refurbishment project on a second building on the property.

To be opened as a secondary space, focused on community events and gatherings, the barn renovation will be a gorgeous 6,500 square-foot space that will allow Dancing Grain to host events all year round, without requiring them to close their main taproom off to the public. “We see this space as becoming a true part of the community in the years to come. From fundraisers, to weddings, to just an everyday open air picnic space for families. We hope this place transforms into something that community life breathes through in every aspect.”

Connect with Dancing Grain

“We want you to ask about our story!” said McDermott, encouraging anyone who’s interested in learning more to connect with the team or visit the taproom in Moreau.

For those interested in connecting with or visiting Dancing Grain, please visit their website at www.dancinggrain.com today.

Yes, You Need a Podcast

A quick google search will give you more stats and information than you probably want to know about: who is listening to podcasts, their age, gender, income levels, education, the list goes on and on. But a very interesting stat is the number of people who pay attention to ads on podcasts, and the percentage of listeners that buy a product because of a podcast. I myself have purchased a few products over the last few years… because I heard about them on podcasts.

Many of these stats paint a picture of the potential to increase sales, product placement, brand awareness, targeted demographics, consumer education, and more.

Despite all these benefits to podcasting, I am met with a fair amount of push back from clients when I recommend they add a podcast to their marketing mix. For the record, I am advising all (yes, ALL) of our clients to add podcasts to their content mix.

The resistance I typically get is that they are worried they will not be engaging, no one wants to hear their voice, their product or service is just not that interesting, they would have no idea what to talk about, etc… The funny part is that none of those things matter. The #1 reason you should do a podcast is not because you are engaging or funny, nor because you have an amazing voice; that has little to do with your actual product or service. It’s not about building an audience, going viral, or being the next Joe Rogan – the number one reason you should be doing a podcast is because you need content for your marketing & communications efforts.

Most of you are probably struggling to come up with ideas on what that content should be. You are probably sitting around week after week frustrated because you continue posting the same old stuff, and are getting little from it. What you need is a way to educate your audience on who you are as a brand. You need content that helps tell the story your clients and customers can consume. You need a way to create content that can be used across multiple channels like social media, email campaigns, and your website.

You NEED this, and at the same time, you are probably hoping to do this without breaking the bank. Podcasts are the solution. You can easily and affordably record what you need for a podcast using platforms like Zoom, Microsoft Teams, or Google Chat. This can be uploaded to YouTube, clipped out for social media, and used as a vlog (which can be turned into a blog as well)… All of this can be included in your newsletter and posted to your website. The ability to use one simple piece of content to create many pieces of content is staggering.

Long story short, all of your content marketing needs can be amplified by starting with just a simple podcast that took you 10 to 20 minutes a week (or month) to record. It is a simple and easy way to create content that will be meaningful to your clients and prospects. That is why you need a podcast.

Of course, there will be questions. You will want to know what it should be about, how long, is it a monologue or interview style… If you are looking for help answering these questions, and the many others that I am sure are bouncing around your brain, give us a call. Our team loves coming up with podcasts to help support our clients’ marketing and communications efforts!

Website Must-Haves

In today’s digital age, having a website is not just a luxury. It is a necessity for businesses and organizations. We are at the point where just having a website isn’t enough – your website needs to attract and retain visitors.

When establishing a strong online presence, there are key elements that can significantly impact your website’s effectiveness in turning prospects into clients. In this article, we’ll explore must-haves that will make your website user-friendly, engaging, and reflective of your brand.

A Clear & Concise Home Page: Your Digital Welcome Mat

Your homepage serves as the virtual doorstep to your business. It is the first impression that visitors will have of your website and your business, so it’s essential to make it count. It should be visually appealing, with a clean design and easy-to-read font. Most importantly, it must convey your brand’s message and purpose. Use eye-catching images, brief yet powerful text, and a clear call-to-action to encourage visitors to explore further.

Navigation: Guiding the Digital Journey

The first stop on our website must-have tour is navigation. Imagine navigating a city without street signs – confusing, right? Similarly, a clear and intuitive navigation menu is crucial for your website. It’s like a roadmap, helping visitors easily find what they’re looking for. Label each menu item thoughtfully, and ensure the navigation bar is visible on every page.

Responsive Design: Your Website, Anywhere, Anytime

In our world of various devices, your website needs to be optimized for mobile devices. This means that your site should be responsive, adapting to screens big and small. A responsive website ensures that whether someone is on a computer, tablet, or phone, your site is easily accessible, looks good, and works well. This is critical, given that more than half of all web traffic now comes from mobile devices.

Fast Loading TImes: The Need For Speed

In a world where time is precious, a fast-loading website is a game-changer. Most visitors are unlikely to wait more than a few seconds for a page to load, so your website should be optimized for speed. This includes optimizing images, reducing the number of plugins you use, and ensuring that your hosting provider is up to the task of handling your website’s traffic.

Engaging Content: Tell Your Story Efficiently

Your website’s content is the heart and soul of your website, and the backbone of your online presence. From a catchy homepage message to informative blog posts, ensure your content is compelling, clear, and well-written. Break up text with descriptive headings and subheadings, use visuals to illustrate your points, and make sure your content is easy to read and skim without sacrificing SEO value. While it is unlikely that visitors will read every word of your site, search engines like Google will.

Contact Information: Building Trust Through Accessibility

If your website’s purpose is to attract new customers or clients, make sure visitors can easily get in touch with you. Include a prominent contact form on your website, your phone number, email address, and physical address. This builds trust and assures visitors that you are a legitimate and accessible business.

Search Engine Optimization (SEO)

Finally, it’s essential to ensure that your website is optimized for search engines like Google. This means using relevant keywords throughout your content, optimizing your images, and ensuring that your website is easily crawlable by search engine bots. Investing in SEO ensures that your website is visible to potential customers who are actively searching for businesses like yours.

In Conclusion

Incorporating these website must-haves is like laying a solid foundation for a successful online presence. Navigation, responsive design, a clear home page, fast loading times, engaging content, accessible contact information, and effective search engine optimization collectively create a website that not only attracts but retains visitors. So, whether you’re building a website from scratch or giving your current one a makeover, remember these essentials to truly enhance your online presence. If you have any questions, please reach out to the team at Five Towers Media.

The Top 4 Sales Efficiency Challenges & Solutions

The challenge of sales is that sales is… Well, challenging! And when it comes to sales efficiency, four challenges seem particularly common. We often see small to mid-size businesses struggling in the areas of Sales Process Complexity, Sales Technology, Data and Analytics, and Sales Rep Training.

Let’s dive into each category to evaluate the problems – and solutions – associated with each.

SALES PROCESS COMPLEXITY

Common Problems:

• Reduced efficiency and wasted effort due to sales reps spending too much time on administrative tasks.

• Longer sales cycles which can tie up resources and delay deal closings. Sometimes, this results from multiple decision-makers being required to sign off on the deal, but it too often results from inefficiencies in the seller’s organization.

• Higher costs due to the extended sales cycles and the number of steps involved in the process.

• Customer frustration which can impact the seller/buyer relationship in the short- and long-term.

Solutions to Consider:

• Analyze the sales process to determine areas where the process can be streamlined or automated with AI.

• Create a sales playbook to ensure all sales team members truly understand the sales process.

• Hold the team accountable for understanding and following the documented process. If non-compliance is too common, it could indicate the process needs more fine-tuning.

• Use technology to identify and generate leads and use your Customer Relationship Management (CRM) software to identify recurring issues and bottlenecks.

• Listen to your customers; if they are frustrated with certain aspects of their buying experience, this should provide clues on how to improve your sales process.

SALES TECHNOLOGY

Common Problems:

• Too many tools and lack of coordination between technology platforms – including systems, software, and applications – can cause confusion and inefficiency for sales team members.

• Integration issues and lack of alignment can lead to data silos, repetitive and time-consuming input, overall inefficiencies, and conflicting output.

• Poor training that leaves sales reps underqualified to use sales technology effectively and efficiently.

• Utilizing technology platforms that the sales team does not buy into – they do not understand or see the value it provides, and therefore do not use it.

Solutions to Consider:

• Choose integrated or compatible technology systems to avoid compatibility

problems.

• Provide thorough training to empower sales team members.

• Invest in a comprehensive (but not overly complex) CRM system.

• Implement a sales engagement platform to help automate repetitive tasks such as sending emails and scheduling meetings.

• Use sales analytics tools to help track performance and identify areas for improvement.

• Get feedback from your sales team members; as the frontline technology users, they probably have great ideas for enhancements.

LACK OF DATA AND ANALYTICS

Common Problems:

•Siloed data systems.

•Poor data collection practices, which can include not capturing key data in a CRM with each customer or prospect interaction.

• Poor data quality due to unreliable data sources, inaccurate data entry, duplicate data, or incomplete data.

• Lack of data analytics tools, often due to a lack of budget or a poor understanding of the importance of the tools and how to confidently use them.

Solutions to Consider:

• Improve data collection, whether it be from a purchased list or gathered during the course of business operations; strive for meaningful comprehensiveness that will support future reporting and forecasting.

• Centralize data in a well-aligned CRM system.

• Use meaningful data in the CRM to perform general sales analytics, forecasting, and process improvements.

• Use a consultant skilled in sales analysis to identify trends, patterns, and opportunities for process improvement.

SALES REP TRAINING

Common Problems:

• Poor sales rep performance due to non-existent, poor, or improper sales training on processes, tools, and resources.

• High sales team turnover, which results from poor performance or dissatisfaction with up-front management support and professional development.

• Customer dissatisfaction due to poorly trained sales representatives.

• Poor sales training content that may be irrelevant, ineffective, or outdated.

• Lack of practice opportunities during and after sales training.

Solutions to Consider:

• Commit to frequent sales training and prioritize its importance even if it impacts available selling time in the short term.

• Implement sales training programs aligned to big-picture and specific sales performance needs.

• Listen to sales rep feedback to improve training methods and focus.

• Provide opportunities to practice what has been learned; use simulated and real-world opportunities, including roleplay.

THE BOTTOM LINE

Identifying sales efficiency challenges is the first step toward implementing meaningful solutions. One easy way to identify your company’s unique problem areas is to take my free Sales Agility Assessment. It’s a quick and easy way to zero in on the challenges facing your sales organization. Once you have a better understanding of your specific sales challenges, I will work with you on focused solutions to help you overcome your most troubling sales efficiency challenges.

ARCC Hosts Panel Discussion on Alternative Hiring Options

On Thursday, January 25th, 2024, the Adirondack Regional Chamber of Commerce hosted a panel discussion featuring four speakers, sharing their expertise on alternative hiring options.

Communities across our region have been experiencing hiring shortages, and challenges retaining employees. This panel shared stories and experiences on the hiring of individuals with criminal records, veterans, immigrants, and individuals with disabilities.

“We are so grateful to have professionals available to speak to our business community on the hiring of these populations,” said ARCC President & CEO Tricia Rogers. “This is just the beginning of the conversation, and we are thrilled that many businesses in this region came to the event to learn about their hiring options.”

The panelists dispelled many misconceptions that have been presented about hiring these populations, as well as shared some resources and programs; one of which, called the Department of Defense SkillBridge Program, has been successfully implemented by one of the panelists – Sergeant Major Christopher Thomas (U.S. Marine Corps, Retired), founder of Elite 9 Veteran Talent Acquisition Services, who has been working with a few local businesses on opportunities for service members to gain valuable civilian work experience through specific industry training, apprenticeships, or internships. Service members receive real-world job experiences, while still maintaining their military compensation and benefits. The employer, in-turn, gains a valuable employee that may turn into full-time employment.

“How do we move from a handshake and ‘thank you for your service’, to providing mutually beneficial opportunities for the success of our communities, and the hundreds of thousands of transitioning service members from the military every year? I truly believe the answer lies within the Skillbridge Program, but we must first build awareness to gain the desired traction,” said Thomas.

The panel also featured Tim McNutt, Esq., the Director of the Criminal Justice and Employment Initiative Center for Applied Research on Work, at the IRL School Cornell University. Mr. McNutt spoke of common misconceptions on hiring someone with a criminal background: “Workers with criminal records often perform better on the job, stay longer, and have fewer incidents at the workplace, but misconceptions can keep employers from hiring this largely untapped talent pool. Individualized assessments with a focus on skills for the job can help overcome hiring hurdles and create a triple win: organizations hire the workers they need, people with criminal records get jobs, and society benefits through reduced recidivism,” said McNutt.

In addition, Dr. Richard Leach, a retired physician and co-founder of the Adirondack Welcome Circle, spoke on his experience welcoming refugees into our community, and helping them secure employment. His personal stories shined a light on families looking to make a better life for themselves in our country, and how the Adirondack Welcome Circle has helped.

To round out the panel, the ARCC invited Michelle Treffi, Director of Employment Programs, Community Work & Independence (CWI) who provided some excellent information on programs that CWI can offer employers: “I think far too often, people hear the word disability and automatically think of what limitations/barriers an individual may have, rather than the skills that they have worked hard to develop. Hiring disabled individuals can help a business round out their talent needs while creating a culture of diversity and inclusion, and further strengthening community ties,” said Treffi.

Some of these programs offer all the support that the employee and employer may need to ensure success: “There are programs in place, such as Community, Work and Independence, Inc.’s Competitive Edge, which is a full-service employment program that matches individuals with jobs that are compatible with their skills, abilities, and preferences. Staff assists individuals with career exploration, job exploration, and the application and interviewing process. Following a job placement, Competitive Edge offers job coaching, employment counseling, soft-skills training and support, a safe forum for workplace concerns, and guidance to manage employment benefits. Competitive Edge works to ensure satisfaction for both the individual and the employer with each job placement. Group employment options are also available through contracted work opportunities.”

The ARCC is committed to continuing these conversations and finding a way to bridge the gap between employers and job seeking populations. Stay tuned to the ARCC website for any updates or announcement of future discussions.

Buying Local – S2E3: The Real Estate Roundtable Reconvenes

Buying Local Glens Falls

S2E3: The Real Estate Roundtable Reconvenes


Welcome to Buying Local!

Saratoga, Warren, and Washington County have no shortage of fantastic goods and services to offer! In this podcast, our host Mike Nelson will clue you in on the amazing gems hidden in your very own community!


The Real Estate Roundtable Reconvenes

Episode 50

In this episode, our host Mike Nelson talks with local top real estate experts Dan Wade, Mark Pawlows, and Lori Danussi!

It’s been a few years since the COVID pandemic first affected the real estate market… What’s recovered, what still has a ways to go, and what does that mean to prospective home-buyers and sellers? Listen to this episode for the answers to those questions, and many more!

00:21 – Ad: Visit the Eden Center for Integrative Care!

00:51 – Introduction

02:55 – The State of the Market… Still Favors Sellers!

04:57 – The Reign of Rent

07:27 – When Your First Home is a Retirement Home

09:10 – Interest Rates Hold Strong

11:55 – The Adjustable Rate Loan

13:57 – Drawing the Line Between a Starter and Forever Home

15:35 – Nests Aren’t Being Emptied: Where Are We Headed?

16:59 – Regulation Stifles Progress: The Ironically Named Moratorium

18:24 – Supply Chain Issues are Mostly Over… But Building Costs are Still Up

19:15 – Remote Work Affects Commercial Real Estate

22:56 – Real Estate Shifts: The Mall’s Fall from Grace

25:22 – Turning the Mall Into a Cruise Ship

26:09 – Timing is EVERYTHING

27:19 – Interest Rates May Come Down Soon!

28:!5 – Marry the Home, Date the Rate

29:06 – How to Get in Touch

30:18 – Closing Remarks

30:58 – Ad: Call Performance Industrial Today!


PRODUCTION NOTE: The opinions reflected in this podcast are not indicative of the views of Saratoga Business Report, SaratogaBride.com LLC, Saratoga TODAY, Glens Falls TODAY Business Report, or Five Towers Media.


Details

  • Host

    Michael Nelson

  • Guests

    Dan Wade, Mark Pawlows, and Lori Danussi

  • Runtime

    32 min, 8 sec

  • Air Date

    February 12th, 2024


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Blue Collar StartUp – Episode 50: Hiring to Your Weaknesses… AND Strengths?

In this episode, our hosts Mike Nelson and Derek Foster interview Michael Turcotte, proprietor of Turn Cycle Solutions!

Michael built and grew his New Hampshire-based business with the usual hard work and hiring team members to cover his own weaknesses… But he also made the unique decision to hire people with similar strengths to his own. Why would he replace his own strengths with a costly employee, and how did this decision help his business grow? Listen to this episode HERE, and you just might find out!

Strength in Numbers: MeetingPoint Professional Networking

In the dynamic world of business, the adage ‘it’s not what you know, but who you know’ holds significant weight.

The essence of success often lies in the robustness and strength of professional networks. This is the cornerstone upon which MeetingPoint is built, a platform dedicated to fostering professional connections that spur relationship development, knowledge sharing, and business growth.

A Selective and Diverse Community

MeetingPoint’s membership comprises a distinguished array of professionals, including attorneys, CPAs, financial experts, select consultants, and various personal and business advisors. Our focus is on quality over quantity, admitting only a select group of professionals known for their niche expertise. This strategic diversity ensures a rich blend of knowledge and experience, providing an invaluable environment for collaboration and information exchange among our members.

Regional Presence & Expansion

With an established presence in the Capital Region and Upstate New York, MeetingPoint boasts four active chapters: Albany, Saratoga, Hudson Valley, and Glens Falls. This regional spread not only enhances our reach but also offers members a diverse array of perspectives and opportunities.

Our Vision: Creating Opportunities Through Engaging Activities

MeetingPoint is more than just a networking group; it’s a community focused on creating meaningful business opportunities. Our activities, ranging from meetings and events to insightful exercises, delve into the business personas of our members. We aim to transcend the traditional exchange of business cards, fostering an environment where connections are made naturally, free from the pressures of obligatory referrals.

Member Benefits:

  • Monthly Connection-Centric Meetings
    These gatherings are tailored to foster organic referrals and establish strong professional bonds. The emphasis is on achieving practical outcomes for all participants.
  • Network Expansion Opportunities
    Members are encouraged to attend meetings across different chapters, broadening their professional horizons and uncovering new growth opportunities.
  • Expert-Led Presentations
    Keeping members at the forefront of their fields, our presentations are more akin to TED Talks than traditional boardroom briefings. These sessions, led by members or guest speakers, offer actionable insights for professional advancement.
  • Social Engagements
    We organize casual yet strategically valuable networking events like happy hours, golf outings, and charity activities. These events are designed to strengthen connections in a relaxed atmosphere.

Join the MeetingPoint Community!

We are actively seeking new members within the following industries:

-Personal Injury Attorney
-Divorce Attorney
-Commercial Litigation Attorney
-Commercial Real Estate Professional
-Labor and Employment Attorney

If you’re a professional advisor looking to expand your network and influence, MeetingPoint could be your next strategic move.

MeetingPoint stands as a testament to the power of professional networking done right. By fostering an environment of diverse expertise and providing a variety of platforms for connection, we are redefining the way professionals collaborate and grow. Join us in this journey of creating enduring professional relationships and unlocking new business horizons.

Contact Charles Amodio of Ferraro, Amodio & Zarecki CPA’s for any questions: camodio@fazcpas.com or visit our website at meeting-point.us!