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  1. Lyinx

    Competing with MASSIVE Companies, Possible?

    If you want to proof your business against competitors taking over your niche, make your company lean thinking. your employees become empowered to create change for the better, and will constantly be trying to lower the cost (which keeps your costs low to the consumer as well)
  2. Lyinx

    competing against goliath companies-how?

    EXECUTION 
    everyone made harnesses for horses out of leather, we started making it with synthetic. Now, everyone uses synthetic and can barely sell a leather harness In Fords time, everyone used a horse and carriage, he upgraded the transportation mode by a little bit (it wasn't that much faster at the...
  3. Lyinx

    competing against goliath companies-how?

    EXECUTION 
    do what they are not doing. Can they personalize their designs? or don't they have the time? Do they come out to show you how to use it? Does their product have a problem that you don't like and you're trying to fix? Are they over pricing it? can you under cut them in price, and guarantee...
  4. Lyinx

    Employing Children in your business

    One small thing to watch out for with family business.. about when children turn 15, they can start to act like "it's just dad" and be disrespectful. Might be a good idea to get an outside job at a company with a good culture for a few years. Our Family has done that for the last two boys at...
  5. Lyinx

    Cold calling Rehab Clinics, input requested!

    EXECUTION 
    is there any way that you could be available when she does get a call (if you lose 25% of the customers because you couldn't get back in touch, vs getting in touch with all of them that want to schedule, how much does that make you?)
  6. Lyinx

    Would taxing the wealthy make things more expensive?

    OFF-TOPIC TAXES | REGS 
    we have software that tracks our inventory... and we're going to the Canban system because the boss won't use the software (it's built right into accounting, so it would be simple, but it can get screwed up if someone doesn't do their job right) how would you do it if your business (LLC) has...
  7. Lyinx

    Would taxing the wealthy make things more expensive?

    OFF-TOPIC TAXES | REGS 
    paying children/wife/etc... for work done would lower your "profit" which would lower taxes on the business side, but increase them on the personal side (income taxes instead of corporate taxes) only if you are setup that way a scenario that a lot of small businesses would fall under: A: setup...
  8. Lyinx

    Why does it sometimes take you a long time to do important things?

    HOT! MINDSET 
    I believe you would love lean thinking (not to be confused with lean mfging, although it goes back to the same roots) Basically, what can we do to get product into our customers hands faster? and, fix whatever bugs you (you have to watch some videos to understand it, but boy, does it make...
  9. Lyinx

    Would taxing the wealthy make things more expensive?

    OFF-TOPIC TAXES | REGS 
    my thoughts exactly :)
  10. Lyinx

    Would taxing the wealthy make things more expensive?

    OFF-TOPIC TAXES | REGS 
    and some businesses don't, just because that would make it worse for those who followed the rules (their taxes would go up)
  11. Lyinx

    Would taxing the wealthy make things more expensive?

    OFF-TOPIC TAXES | REGS 
    someone made this argument: if the tax rate went up to 75%, then we would pay employees more. His/her thinking was like this: if I have $100 profit, I will need to pay $75 in taxes ($25 left over) if I hire another employee, and pay him $75, then I only have $25 profit left (18.75 taxes...
  12. Lyinx

    CHINA PLUS ONE STRATEGY

    SOURCING 
    our industry has switched 90%+ from china to other countries over the last two years, often to "sister" companies, which basically follows what you have said, they are moving production out of the country (which also allows bypassing environmental protections acts, high labor, and more.
  13. Lyinx

    Anyone else feel massively stupid after learning self development?

    MINDSET FTE 
    IMO, that's some very good observations there, and I would refine it further: Skillset+right place+right network+action=huge results. No skillset? No huge results No right place? No huge results No network? No huge results No action? No results Being lucky would mean (IMO) a homeless bum with...
  14. Lyinx

    Lean Principles & Creating a Culture of Continuous Improvement

    HOT! EXECUTION 
    I got to experience your thinking on what you call "The Machine", and that's what made me think of you :)
  15. Lyinx

    Idea: Remote controlled automatic plant watering

    HOT! IDEA 
    ran across this company and had to think of you... Super Deluxe Controller - FarmTek also checkout their other things, if anyone has an industrial version that is close to what you are making, they would be it... and if they don't have it, they might be interested in a solution for large scale...
  16. Lyinx

    Lex DeVille's: REAL HARD WODS

    HEALTH 
    Epsom salts bath, for muscles?
  17. Lyinx

    Lex DeVille's: REAL HARD WODS

    HEALTH 
    do you have on/off days figured? how many days/week are you doing this program? I've done part of the navy seal prelim training on my own, until my leg hurt too much.. should start it up again, but slower this time.
  18. Lyinx

    If you were in my shoes

    OFF-TOPIC 
    your road time (travel) is killing you and you don't even know it... you go 2 hours to work every day (pre-covid)? one way or both? how much do you get paid per day? per hour? (including roadtime)? now, figure out what you would be paid per hour if you lived closer (in that city) and how...
  19. Lyinx

    Lean Principles & Creating a Culture of Continuous Improvement

    HOT! EXECUTION 
    @Kung Fu Steve wonder what your thoughts are on lean? have you had any experience with it? seems like it would be something that you would do, focusing on constant improvement and all that.
  20. Lyinx

    Lean Principles & Creating a Culture of Continuous Improvement

    HOT! EXECUTION 
    Before and after photos of a quick improvement. Improvements don't need to be expensive, they can be done on the fly and adapted later on to a custom solution

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