Episode 123: When do you hit the reset button?, with Bill Hoagland.

Published: Dec. 3, 2015, 9 a.m.

b'

Bill Hoagland is the founder of company called Squid Ink. He started the business 25-years ago in his garage with just 2-\\xbd gallons of ink he developed. Fast forward two and half decades and Squid Ink does business in 61 countries, operates six manufacturing facilities, employs 130 people, and has distribution points in 87 countries around the world.

\\n

Secret \\u2013 timesaving technique

\\n

Bill makes an "AB" list every morning -- prioritize your day, every day. ONWARD!

\\n

Daily habit that contributes to success

\\n

Figure out problems before they arise \\u2013 Bill talks to as many people in his company on a daily basis as he can.

\\n

Could have ruined your business \\u2013 but now \\u2013 an invaluable learning experience

\\n

Bill went into debt and then the recession hit \\u2013 and Bill tells the whole story here.

\\n

Most critical skill you think business owners need to master to be successful

\\n

"You need to understand strategic thinking."

\\n

Most influential lesson learned from a mentor

\\n

"Hone your listening skills \\u2013 listen to what people are telling you." \\xa0

\\n

Final Round \\u2013 \\u201cBreaking Down the Recipe for Success\\u201d

\\n

What systems would you go back and put into place sooner?

\\n

I wish I had a capital raising system to hire the employees I need rather than those I could afford.

\\n

What one strategy or \\u201crecipe\\u201d would compound into big wins for business owners?

\\n

Hold everyone accountable \\u2013 there needs to be common goals throughout the company.

\\n

How to exceed expectations and add the most value?

\\n

An individual would accelerate the learning curve.

\\n

What strategy would you recommend new business owners focus on to best ensure success?

\\n
    \\n
  1. Make sure you\'re using your listening skills
  2. \\n
  3. Go out and seek help \\u2013 you can\'t go it alone
  4. \\n
  5. Get up early \\u2013 being an entrepreneur is not an eight hour a day job
  6. \\n
\\n

How best to connect with Bill:

\\n\\n

\\xa0 You can also find us here: ----- OnwardNation.com -----

'