Major Roadblocks That Hinder Business Growth

Today, we’ll hear from:
• A business owner struggling to get one of his leaders to delegate
• A business owner wanting to know next steps to level up her business’s revenue
• An Instagram follower asking how to scale a business without capital
• A business owner wondering if he should pay himself more or reinvest in the business
• A business owner wanting advice on if he should buy new or used equipment for his business
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[@entrepreneurlife649]

I am an owner of a small pallet business and our Ram 3500 got taken out of service during a wreck. We decided to get a Ram 5500 and the new ones were going for $80,000 to $90,000. We were able to find a 3-year-old unit with 100,000 miles for $49,000. So far that used unit has been serving us exactly like a new unit with exceptional reliability on our thousand miles a week at max weight and height.

[@joseluna5934]

Those Rams are gold. But expensives.
I see few of you guys out there . Iam a truck driver my self. Why you guys dont use a trailer to load the pallets? Seen more safety

[@entrepreneurlife649]

@@joseluna5934 we do use trailers for our business. The 3500 pulled at 24' gooseneck and the 5500 uses a 30' pintle hitch.

[@IkeCarterShow]

@@entrepreneurlife649 do you use a sawmill to make your own wood for the pallets?

[@entrepreneurlife649]

@@IkeCarterShow we will be in the future.

[@joeriveracomedy]

I used to manage a delivery route and found it hard to delegate high dollar asap runs since I was the best delivery guy.

[@Greg_Chase]

In business school (MBA) we learned in one of the Organizational Behavior courses about 'garrisoned expertise' held by 'gatekeepers' who refuse to share their knowledge/skill with anyone TO BOOST THEIR JOB SECURITY
I witnessed this as a software engineer in more than one of the tech companies I worked at.
There was a disdainful saying, "he is a sacred cow" -
the management ALLOWED the person to be the sole expert in his area.
The first caller who has an employee who refuses to delegate sounds like a gatekeeper.
"If I share what I know, I'm less valuable"
You have to get rid of that type of employee - if management fails to stop it, you can literally have one guy holding the company hostage.
I bet Dave knows about this tactic and doesn't put up with it.

[@SakuraMo1844]

Alright, Mr. Ramsey, just did a review. Thank you for all you do for us. A fan hailing from Rwanda.

[@RogueLearner]

Love your show, Dave!

[@stevedavenport1202]

On point advice

[@aaronhyde]

Wish these were daily. Good info!

[@Brian-rs4ug]

As far a vehicles go. Let someone else buy new, and pay for the depreciation. Pre Covid, I bought three year old vehicles in very condition/low mileage. For fifty cents on the dollar. Used vehicle prices are still up there, but they will go back to pre Covid prices (in time) Be patient and use this season to prepare for a debt free future.

[@jeffreyrichardson]

whole world in our hands
walt whitmans sampler demands
craftsman proven brands

[@jeffreyrichardson]

$43,517.00c/ce welchs dog wood tree
intangibles known as free
johns rhesus monkey

[@caitlinhanson5666]

Pre recorded - like Dr. D

[@PastyTacos]

This is a podcast, Caitlin. Yes.

[@gizzeconstruction]

Working on holidays?!