Every company has two wheels
Find a Consultant Become a Consultant

Every company has two wheels

Every company has two wheels

By John Jantsch

Jack StackI don’t write enough about the financial aspects of running and growing a company because I, like many of you, don’t pay enough attention to the power of the numbers.

I ran into Jack Stack, founder of SRC Holdings, author of The Great Game of Business and shepherd of a school of business management known today as Open Book Management. Jack was a keynote speaker at the Inc 500 Conference and was kind enough to retell a portion of his presentation for the Duct Tape Marketing podcast.

Jack introduced the idea of companies possessing two wheels, one wheel is the vision the creativity the reason you got into business. The second wheel is the numbers. According to Stack, the second wheel rarely turns until it’s time to figure out why you are working your tail off and not making any money.

Stack’s open book management and Great Game of Business teaches business owners how to learn, use and teach the financial information coming out of your company to grow, make decisions and build a community IN your business. Do this, and the community around your business will flourish.

Free eBook 
7 Steps to Scale Your Consulting Practice Without Adding Overhead

The Duct Tape Marketing Consultant Network has helped me to grow my business by over 40% in the last 12 months. ~ Michael Quinn - Michael Quinn Agency, Fargo, ND

Keeping your employess in the light
When asked to list the most important factors for considering a job number one and two was having the right tools and the information to do the job well. Income was down the list a bit. The best selling book – First Break All the Rules – does a great job highlighting this reality. Knowing […]

Subscribe to the Duct Tape Marketing Podcast

If you know your small business needs marketing, but donā€™t have the time or resources, look no further. The Duct Tape Marketing podcast covers everything from earning referrals to managing time and being more productive.