518: Pulling Your Punches
What does it mean to pull your punches in business? In this episode, we explore the concept of strategically holding back to ensure sustainable growth and long-term success. We discuss how pacing your expansion, marketing, and client onboarding can help maintain high service quality and prevent burnout. Learn how to set realistic client expectations, manage your resources wisely, and avoid the race to the bottom on pricing. Join us as we dive into strategies for balancing ambition with caution, adapting to challenges, and positioning your business for lasting success.
430: Game Theory and Running a Pet Care Business
What can Game Theory tell us about running our business? We dive into game theory's relevance for pet care businesses, focusing on strategic decision-making. Using the Prisoner's Dilemma, we discuss the importance of trust and long-term relationships in a competitive landscape. We also offer strategies for pricing, quality of service, and client retention, emphasizing the goal of being the chosen service for repeat customers. We advocate for building a business that clients trust and return to, encapsulating the game theory principle: "The winner is the one who gets asked to play again." This episode will provide you with invaluable insights for fostering a sustainable and thriving business.
426: Managing the Pet Business Triangle: Time - People - Money
Do you consider yourself a project manager? Running a pet sitting and dog walking company, we face many unique challenges and have to be able to adapt quickly, while keeping everything organized and structured. We take the traditional project management triangle and adapt it to the pet services industry, with the primary focus being on people. Obviously pet care is a number one priority in our businesses, but the people aspect cannot be minimized and should be accounted for when taking on any visit, walk, or extended care.