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\nWe\u2019re running the numbers in this episode. Ben Virkler, from our IT department, shares their team goals to produce quality project deliverables and facilitate a smooth GeoTab transition. Plus, we feature Nussbaum CFO Bill Wettstein and unload ESOP, projections, and company growth.
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\nSpring Clean Your
\nInbox
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\nRaise your hand if your inbox could use a good spring
\ncleaning. Ben Virkler and the IT team did just that to support their 4DX WIG.
\nHave you noticed a cleaner inbox? Send a thank-you note to the IT team because
\nthey whittled automatic emails down from 65,000 to 20,000 per week!
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\nGeoTab Questions?
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\nNow they\u2019re your go-to for the new GeoTab system. Their goal? Make the transition as easy as possible. If you have your new GeoTab, you\u2019ll be hearing from the IT department soon for a one-on-one chat!
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\nNavigating the
\nNumbers
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\nWith 18 years as Nussbaum\u2019s CFO, Bill Wettstein has helped
\nnavigate Nussbaum through everything from temperate waters to tumultuous waves.
\nOverseeing accounting and sales is in his job description, but he broadens it
\nto reach every employee individually.
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\nMainly, probably my favorite part, is just spending quite a bit of time with employees from all the departments and learning what their joys and fears are and seeing what we can do different.
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\nKeeping the Engine
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\nBill\u2019s pushed Nussbaum through some scary times. Take a step
\nback in time and relive times of transition and uncertainty and how crisis only
\npushed management and employees to knuckle down and get creative. That\u2019s what
\nkeeps this company running \u2013 outstanding people who strive for success.
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\nBill: At that point we were pricing freight to make bank payments, not to make money.
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\nPhillip: Ouch\u2026
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\nBill: Yeah, that was interesting.
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\nTalking ESOP
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\nYou heard it here first \u2013 the valuation is complete, and our first ESOP statement is arriving in May! The first year is exciting but wait \u2018til you hear Bill\u2019s projections for the future. You may have to pull over because the shock and excitement could be too much!
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\nIt\u2019s very exciting \u2013 it could be a huge wealth-building tool. It\u2019s like working for yourself, having an ESOP, and it\u2019s like owning the house, rather than renting it.
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\nQuotes
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\n\u201cMainly, probably my favorite part, is just spending quite a
\nbit of time with employees from all the departments and learning what their
\njoys and fears are and seeing what we can do different.\u201d
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\nBill: At that point we were pricing freight to make bank
\npayments, not to make money.
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\nPhillip: Ouch\u2026
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\nBill: Yeah, that was interesting.
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\n\u201cCrisis leads you to think out of the box.\u201d
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\n\u201cThis is just a benchmark. Now we go from here, and we need
\nto drive that number up.\u201d
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\n\u201cThis number here is just basically the starting point.\u201d
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\n\u201cIt\u2019s very exciting \u2013 it could be a huge wealth-building
\ntool. It\u2019s like working for yourself, having an ESOP, and it\u2019s like owning the
\nhouse, rather than renting it.\u201d
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\n\u201cIt\u2019s always this angst over have we got this timed right,