Dr. Steve Eckhardt
Owner, Eckhardt Optics
I love sharing client Success Case Studies with you. I personally find it very helpful to learn from the experiences of other business owners.
In a recent Mastermind, I walked one of my clients, Dr. Steve Eckhardt, through a review of his first 8 months in coaching. We captured a recording and Steve agreed we could share it here with you. Enjoy!
Steve, tell us about your business.
We design and manufacture custom camera lenses. The business was founded in 2009. Our target customer is a design engineer who doesn’t specialize in optics. There are a lot of mechanical and electronic engineers out there who need some optics in their system but don’t know a thing about it. Our unique offering combines my strength in lens design with convenience.
From barely breaking even to huge profits…
Chuck Parmely owns a $3.2 million dollar overhead door business – which sounds like a wildly successful business until you find out that his company has been in existence for 37 years, barely scratching 1% to 3% profitability; in other words, his business wasn’t making any money and surviving check by check. Chuck has implemented Profit First under the direction of Dr. Sabrina and subsequently, a business that had a $20K loss in 2014 turned around and achieved a $220K profit in 2015, and 2016 is looking even better… all while in a rural area that was experiencing an economic decline.
Chuck’s success story has been so impressive that his accountant went out of his way to visit him and figure out his formula to success… and that’s what you’re about to find out!
Chuck and Dr. Sabrina were recently interviewed by Mike Michalowicz on the Profit First Podcast! Listen in to the interview…
If you want to dive deeper into the strategies Chuck has applied, you don’t want to miss the upcoming Profit First Event with Mike Michalowicz.
Dr. Sabrina Starling, The Business Psychologist™ and author of How to Hire the Best specializes in transforming time-, energy- and cash-sucking rural businesses into highly profitable, Great Places to Work!
Employee problems can be one of the biggest stumbling blocks for any business owner. With her background in psychology, and years of driving profit in small business, Dr. Starling knows what it takes to find, keep and get exceptional performance out of your biggest investment-your employees.
Catch her next Masterclass, Quickly Double Your Profit with Top Performing Employees and access her comprehensive video training 5 Secrets to Exceptional Employee Performance (her gifts to you!) by texting EMPLOYEES to 44222.
Many say parenting is the most challenging role we’ll ever undertake. But, there’s a role that’s even more challenging—being at the helm of a rapidly growing small business.
We small business owners sometimes refer to ourselves as “The Chief Cook and Bottle-Washer,” because we are filling multiple positions in the business, rolling up our sleeves and working right alongside our employees. We pour our blood, sweat and tears into meeting the insatiable demands of our growing businesses. This is why so many of feel depleted, burned out and hopelessly tethered to our businesses.
Successfully navigating explosive growth, and coming out on the other side with a thriving business and a high quality of life, requires a different mindset and a different set of strategies than the ones we relied on when we started our business.
What is explosive growth really like?
When it comes to working ON your business, every hour you invest moves you closer to FREEDOM. Every hour you spend working ON your business is typically worth about $10,000. Yet, many of us are confused about what it really means to work ON our businesses. Even worse, many of us waste time working on the wrong areas of our businesses. Continue reading
Success Case Study
VERA ICONICA ARCHITECTURE
Revenue: Doubling each year
Number of Employees: 6
Length of time in coaching at Interview: 15 months
“Take the risk to change. It’s the hardest thing to do,
but it’s a lot better than being stressed out and being a slave to your company.
To see your own growth is incredibly rewarding.”
–Veronica Schreibeis, Founder of Vera Iconica Architecture
Veronica has rapidly scaled her company, while doubling revenue with strong profitability. In this Success Case Study, Veronica describes in-depth the ways she has utilized coaching to propel her growth.