
Perhaps the most profound question we can all answer is our "Why". We all get up in the morning, get ready for work, and go about our day. But why do we work where we work? And, more importantly, why should our customers spend their hard-earned dollars with us? As Simon Sinak so simply states, “people don’t buy what you do, they buy why you do it.”
Any company can search for transactions. We all know the game those transactional companies play. They prospect, identify opportunity, send the me-too samples and info, and play their game on the price court. I call these accounts easy come, easy go accounts. But these aren’t brands with value cultures; these are businesses looking to make a quick buck. Sure, the P&L will always be the scoreboard of the business, but what is the revenue-generating culture, or the "Why" in your company?
In a recent relatively high-stakes situation that most managers would lose sleep over, we discussed ways to change our internal decision-making processes in one particular area. I won't get into specifics here, but in the end, we concluded that we would continue to do the exact same thing. Why? Because our existing process was ultimately better for the customer. And over any monetary consideration, that was the most important takeaway. This situation was a breath of fresh air to me personally. It revitalized my own personal "Why".
Everything is available on the internet. There are no secrets to the "What" and "How" a company operates anymore. The secret sauce is in the "Why". Of course, we’re happy to support the me-too needs of a busy contractor, but we genuinely hope that distributors and contractors have the time to see "Why" we do what we do in the chemical grouting world.
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You meet someone for the first time, have a productive and promising conversation, exchange business cards, rinse, and repeat. As I’m sure the case is with many of you reading this, I’ve had this exchange with hundreds of people during this tradeshow season, and sincerely wonder if the connections that were made in the exhibit hall were carried through optimally.
If you are a concrete repair contractor, you may at some point want to make cold calls to gain new business. Calling on new prospects can be very frustrating if you are not used to it. Cold calling can be done by phone or in person. Before you even contact your prospect, make sure to do as much research on them as possible. Once you’ve thoroughly researched your prospect, you can make an initial contact.
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Perhaps even more eloquent than e=mc2 is Isaac Newton’s Second Law of motion, F=ma. For all of those fellow physics enthusiasts out there, we all know how F=ma is the flathead screwdriver in the formula toolbox; and for good reason. The amount of Force generated by any individual object being equal to the object’s mass multiplied by the acceleration of that object has profound proofs across the universe that can also be observed in our everyday partnerships..png?width=1024&name=conference%20room%201-banner%20(9).png)
In 1927, a German physicist, Werner Heisenberg, introduced what would become the Heisenberg Uncertainty Principle. In short, his theory maintained that two very distinctive properties when examining any particle, location and momentum, could not be accurately measured at the same time. The more one knows about one value, the less it knows about the other. So how does this relate to business?
The physical world around us is made up of particles. You, me, the buildings we work in, and the computer screen you’re looking at; all made up of particles. So, let’s be careful on the amount of granularity that we all aim to achieve in decision making processes. The often-quoted phenomenon of analysis paralysis lies in the Uncertainty Principle. The more you examine one aspect of any given part of the physical world, products and opportunities included, the less you know about another aspect. There’s no way around this..png?width=1024&name=conference%20room%201-banner%20(8).png)
"No matter how great the talent or effort, some things just take time. You can’t produce a baby in one month by getting nine women pregnant.”.png?width=1024&name=conference%20room%201-banner%20(7).png)
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“If you don’t love something, you’re not going to go the extra mile, work the extra weekend, challenge the status quo as much.” – Steve Jobs