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Entrepreneur Stories 4⃣ Inspiration

064: πŸ’ͺ Transforming Companies on How to Outperform their Startup Competition (+ How to Start a...)

Entrepreneur Stories 4⃣ Inspiration

Millionaire Interviews Podcast & Sir Austin Peek

Careers, Business:careers, Business

4.7 β€’ 2K Ratings

πŸ—“οΈ 1 January 2021

⏱️ 39 minutes

🧾️ Download transcript

Summary

Karl Maier has more than three decades of experience growing companies. He has been part of three management teams that grew companies 5X or more in three years. He has developed the Abunden Framework, to not only help companies grow, but also to help the owners, employees, customers, suppliers and families that are touched by these businesses. Karl is now using his 30+ years of experience in transforming and growing companies. The benefits of his Abunden Framework include improving productivity (up to 20%), reducing turnover (up to 50%), and improving the hiring success rate dramatically. *** For Show Notes, Key Points, Contact Info, & Resources Mentioned on this episode visit here: Karl Maier Interview. ***

Transcript

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0:00.0

So let's jump from the family business.

0:05.0

Did you tell your dad you're just leaving and peace out?

0:07.8

That was one conversation, I think.

0:15.9

He wanted to charge something like a dollar per day per person, which is, sounds good if

0:21.6

you get him a million people.

0:23.6

Right, if we get all the therapists in the United States, it's like, yeah, we're probably

0:32.6

not going to do that.

0:41.4

I'm Karl Meyer.

0:42.7

My company is Abundin.

0:44.2

Abundin is really kind of a co-CEO service offering.

0:49.5

And so I've been through a lot of different situations through my career, some rapid growth,

0:55.6

110X in three years and a couple of 5X growth sales, top-line growth in three years and

1:02.3

a number of other things.

1:03.8

I've done investment banking, consulting, worked for large banks, started to software companies.

1:10.8

What I do now is kind of take all those lessons, learns and experience and help companies

1:16.0

that want to grow and improve their bottom line and make their life a little easier.

1:21.0

So that's what I do.

1:22.0

Did you just put random companies ideas on a dartboard and throw them meridably?

1:26.3

Because it sounds like you're all over the place as far as your experience.

1:29.6

Yeah, it would take a little while to kind of walk through the history, but there's a

1:33.8

reason for each move at the time that seemed to make sense.

1:37.5

I started out of my MBA program in corporate life, consulting, and then a big bank.

...

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