160 - Building a Profitable Business the Hard Way with Chris Griffin
Mistakes are inevitable when it comes to building a business. But how you handle them can make all the difference! Chris Griffin, Business Leader, Experiential Marketing Executive, and Host of the Experience Builders Podcast, joins Martin and Khalil to discuss lessons learned from managing a business before and after the pandemic.
Time Stamps
00:44 - Episode Intro
03:41 - CFC Welcomes Chris Griffin!
07:28 - More About Chris Griffin and His Company
13:24 - Business Challenges in the Tradeshow Industry
21:10 - Getting Organized & Developing Systems
30:32 - Dealing with the "Unexpecteds" in Your Business
34:26 - Choosing Better Customers
41:35 - Employee Compensation & Payroll Creep
52:43 - Episode Takeaways
53:33 - Get in Touch with Chris Griffin
Quotable Moments
“There's that old Chinese saying, when the student is ready the teacher appears, well, the teacher's always been there. You just didn't realize it.” - Martin Holland
“We're back and busy, although we're not clean and pretty.” -Chris Griffin
“We want to be more in service to fewer partners.” -Chris Griffin
“A system is not software. A system is just an agreed upon method of how you do business with each other in your own company.” -Chris Griffin
“Good judgment comes from experience, and experience comes from bad judgment.” -Chris Griffin
“Mistake is an investment if you make it once and you fix it. It's an expense if you just keep making it over and over again.” -Chris Griffin
“Your processes and systems become a mechanism of you attracting new customers more than your deliverables, how you are doing business becomes the most valuable thing.“ -Chris Griffin
“Profit is not a sin and neither is having fun.” - Martin Holland
“If you're highly profitable, the same weight doesn't weigh anything.” - Martin Holland
“Everything comes from experience, either yours or somebody else's, and somebody else's is generally a lot cheaper.” - Martin Holland
Resources
Need Marketing Help? We Recommend Benali
Watch On Youtube
Follow On Social: LinkedIn, Facebook, Instagram
Subscribe To Our Newsletter, The Countdown
Have Questions? Email us
More from Chris Griffin
Email Chris
Chris on LinkedIn
Need Help With An Event? Get in touch with CrewXP
Check out the Experience Builders Podcast on Spotify, Apple & YouTube
Follow CrewXP on Social: LinkedIn, Facebook
More from Khalil
More from Martin
More from The Cashflow Contractor