Jim Hummer founded two health care companies and invested in over 30 cutting-edge ventures, creating over $4 billion in shareholder value. Hummer discusses with host Greg Muzzillo the lessons he learned from opportunities and failures during his career, including when he sold his company, Whole Health Management, to pharmacy store giant Walgreens…
Read MoreCategory: Marketing and Sales
The Pros and Cons of Specializing in the Distributor Business
Do you specialize in a particular market? This is one question I always ask distributors at educational presentations as well as one-to-one consultations. Nine out of 10 times, the answer is no. Most feel it’s best to serve as many industries as possible and not limit themselves. Is that the right approach?…
Read MoreTime Is Money. Really.
I have said many times that there is no excuse for not making $500,000 per year in this industry, whether you are a business owner or a sales rep. Time is money. You heard it before. But do you really believe it? Do you really treat time like money? Think about it this way. Let’s say…
Read MoreWhat’s the Easiest Way to Place a Reorder in QuickBooks?
Ask the Accountant… Question: A customer is placing a reorder. Is there an easy way to do that in QB Premier? Answer: Yes. Open the original sales order and click “Create a Copy” at the top of the screen. Make any adjustments to prices in the new sales order, then create the supplier purchase order…
Read MoreBe the Hammer With OfficeMax Co-Founder Michael Feuer
Michael Feuer started OfficeMax with one store and a personal investment of $20,000, and grew the business into a $5 billion company with nearly 1,000 stores. Feuer shares with host Greg Muzzillo the steps he took to ensure that his business would be successful…
Read MoreWhy Is Internet Marketing Important for Distributors?
In the promotional products business in particular, the online component of marketing is hugely important for growing your client base and sales. There are three reasons why internet marketing is critical to the success of your promo business. Let’s look at those reasons and how you can use them to your advantage…
Read More4 Major Steps for Success With Dr. Nido Qubein
Dr. Nido Qubein came to the U.S. as a teenager with limited knowledge of English and only $50 in his pocket. Today, as president of High Point University, he has led the school through extraordinary transformation and increased revenue from $40 million to $350 million. Qubein shares his inspiring story and outlines the steps to achieving success…
Read MoreThe Power of Persistency With MobilityWorks Founder Bill Koeblitz
To have a dream is one thing, but to pursue that dream with passion and conviction is the difference between settling and success. Bill Koeblitz, founder of MobilityWorks, discusses his aspirations of getting into Formula 1 Grand Prix racing and, ultimately, how he started a business that has become the largest national provider of wheelchair accessible vehicles…
Read More5 Reasons to Rebrand Your Distributor Business
Your online brand needs to effectively communicate what you do, who you help and the value of doing business with you. If your website and social media profiles are not up to the task, you may be missing out on new ideal clients, repeat sales and other important opportunities. Here are five reasons you might want to consider a rebrand…
Read MoreThe Law of Reciprocity With Umberto P. Fedeli
When you help others achieve success, magic happens. “I’m a big believer of the law of reciprocity—you only get what you want to give,” explains Umberto P. Fedeli, president and CEO of The Fedeli Group, one of the largest privately held risk management and insurance firms in the state of Ohio…
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