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The Power of a Strong Mindset (2 of 2)

In part one I covered the idea that we all have an internal thermostat which regulates how successful we’ll be.  If your thermostat is set at $1.5 million a year in revenue, and you drop down to $1.2 million, your thermostat will kick on and “warm” you back up to $1.5 million.  If you increase [...]

By |2021-02-15T11:40:37-07:00March 5th, 2021|

The Power of a Strong Mindset (1 of 2)

“The most we can charge is 35% margins because people in our area won’t pay more.” I was conducting a coaching session with a floor dealer who wanted to grow his business, and he was trying to convince me that there was no way he could raise his prices.  I, of course, was having none [...]

By |2021-02-15T11:16:43-07:00February 19th, 2021|

Stand Out In A Mediocre World (Part 2 of 2)

In part 1 I made the point that mediocre service is rampant across most industries, retail flooring included.  The flooring world is getting more difficult and competitive, not less so, and if you expect to prosper long-term you must rise above the legions of the mediocre.  This is especially true if you want to have [...]

By |2020-11-12T14:43:22-07:00November 19th, 2020|

Stand Out In A Mediocre World (Part 1 of 2)

I walked into an office supply store recently, and an employee asked if they could help me find something.  I told her what I was looking for and she replied, “Those are on aisle twenty-three.”  She then went back to talking with her co-worker.  I should mention that the store was nearly empty, and she [...]

By |2020-11-12T14:37:15-07:00November 5th, 2020|

How a dealer grew his revenue during COVID

The last several installments have been dedicated to equipping you with proven strategies to recession-proof your dealership and come back strong after the lockdown.  This installment features a case study of a dealer who grew his revenue during the lockdown by implementing the strategies I’ve taught here. Matt’s Story Matt Capell owns Capell Flooring & [...]

By |2020-09-16T12:18:29-06:00October 15th, 2020|

Recession-Proofing Your Business—part 3 of 3

The Million-Dollar Chiropractor I launched Flooring Success Systems in October of 2007—right before the U.S. economy tanked.  I had the task of somehow helping my floor dealer clients survive what was to become the worst economy since the Great Depression.  A key marketing approach I taught (and still teach) follows the example of a chiropractor [...]

By |2020-09-16T12:08:38-06:00October 1st, 2020|

Recession-Proofing Your Business—part 2 of 3

If a hurricane is coming and forecasters are not sure if it’s going to hit your town, you would be foolish to merely hope it passes you by.   A wise man prepares as though it’s going to hit with full force. As the lockdown eases, no one knows if the flooring market is going [...]

By |2020-10-08T14:10:45-06:00September 17th, 2020|

Recession-Proofing Your Business—part 1 of 3

As the U.S. slowly emerges from the COVID-19 lockdown, no one is sure what the economy is going to do.  It could rebound fairly quickly, or it could take many months or even years to come back.  We just don’t know. That’s why it’s important to hope for the best and plan for the worst.  [...]

By |2020-09-16T12:03:22-06:00September 3rd, 2020|

Marketing Is Everything, And Everything Is Marketing

Every interaction you, your staff, and your business has with a prospect or customer is a marketing opportunity. Like it or not - whether you pay attention to it or not - during every interaction with your company, your consumers are getting an impression of you. The only question is: What kind of impression are [...]

By |2019-03-21T18:28:48-06:00March 14th, 2019|

The Importance of Differentiation

“I have to cut my margins to compete,” a floor dealer recently complained to me. This is something I hear fairly often. So what’s the solution to preventing margin erosion in a market full of box stores, online discounters, and other cheap price competitors? In a word: differentiation. If you don’t create differentiation, you are [...]

By |2019-02-12T16:06:35-07:00November 29th, 2017|