THE PROFIT
peer benchmarking group worth- while.
Other times, owners use the time to discuss a problem that they are trying to solve. I recall a peer benchmarking group that I facili- tated in which one yard owner needed to make better use of the space in his comparatively small yard. He couldn’t buy adjacent land. When I was growing my yard, I had faced a similar problem and solved it by expanding upward. I bought used shipping con- tainers, cut doors in them,
stacked them, and used them to store parts. He had never considered growing upward. If you are hungry for success, I urge you to join a peer benchmarking group. Counts Consulting runs excellent groups for recyclers facilitated by Bill Stevens and Mike Kunckle.
If you want to know more about putting together your own peer benchmarking group, get my book,
Although many yard owners have similar life experiences, each participant brings something different to the table. Being able to talk to eight or nine experienced owners and a facilitator who knows your industry yields valuable insights.
Peer Benchmarking Groups: One Entrepreneur’s Story of Extreme Success on Amazon. Nothing will grow your business and your profits as fast as becoming a part of a good peer benchmarking group. Take the invitation!
Ron Sturgeon, Mr. Mission Possible, has been a successful business owner for more than 35 years. As a small business consultant, he can deliver wisdom and advice gleaned from a remarkable career that started when he opened a VW repair business as a homeless 17-year-old and culminated in the sale of several busi- nesses he built to Fortune 500 companies. He is an expert in helping small busi- ness owners set the right strategies in place. As a consultant, he shares his expertise in strategic planning, capitalization, compensation, growing market share, and more in his signature plainspoken style, providing field-proven, and high-profit best practices. Contact Ron at 817-834-3625, ext. 232, rons@ MrMissionPossible.com, 5940 Eden, Haltom City, TX 76117.
50 Automotive Recycling | September-October 2016