By Rich Bond
Numbers Don’t Lie…how a single hire increased annual profits by $100 million
Throughout my odyssey as a financial executive and recruiter, I’ve been captivated by the extraordinary outcomes that can emerge from the humblest of ideas.
Take, for example, a visionary I recruited for a packaging behemoth. This creative genius pioneered a groundbreaking pricing process, rooted in value-based pricing—a deceptively simple idea that had never been attempted before in that company.
The aftermath? A consistent 1% increase in prices per year, which made revenues and profits skyrocket by $100 million annually. Unsurprisingly, the company’s stock price soared, tripling in value.
Of all the financial prodigies I’ve placed, no others have conjured such astonishing results.
In recent times, my focus has shifted toward small- to medium-sized, privately-owned enterprises. I’ve meticulously documented the jaw-dropping achievements of four such businesses, whose profits soared by 50-100%. Another venture was sold for a staggering 50% more than the family’s initial expectations.
Curious to uncover the secrets behind the simple, yet potent ideas that achieved such results? Reach out, and I’ll gladly share the illuminating paper or schedule a call to discuss how your business, too, can harness the power of simplicity to achieve remarkable results.
