Marcus Lemonis is the owner of Camping World, a multi-billion dollar company. That’s not really though what makes Marcus Lemonis so inspiring and unique. After all, there are many billionaires and successful business owners these days. What makes Marcus so special is what he has been doing over the last 10 years.
Marcus Lemonis has in the past 10 years invested millions of dollars of his own money into businesses that are desperate for cash and in trouble. Marcus invests into these businesses, taking ownership in many cases and turning them around to be profitable and successful. He has helped over a 100 companies thus far. On the hit CNBC show “The Profit”, CNBC follows Marcus as he invests into companies, helps the current owners, employees, and the future of the business. Once the investment is made, Marcus gets directly involved to turn the business around for the better and create healthier work environments with profitability.
Entrepreneurs and business owners can learn much from Marcus Lemonis and his show The Profit. Much can be learned from the serial entrepreneur, but also from the people and businesses he helps. Here are some key benefits involving the people, the process, and the products that can be learned from watching the TV show “The Profit”.
Business Owners Can Gain Real Value From Watching CNBC’S The Profit
The People
In business it really starts with the people. As a business owner, you learn a lot from watching The Profit about how people can be a great asset to a business or quit the opposite. Business owners can be the biggest cause for a business to do poorly, just as they can be the driving force behind the success. This is also true for the employees of a business. Learn what trends when it comes to people are beneficial to a business and which are not. There is much to be learned about people, the management of staff, and conduct by business owners that cause success or failure in the business world.
The Process
The process is critical to things running smoothly and successfully with a business. When the process is weak, insufficient, or broken, the business quickly suffers. Learn from watching “The Profit” how the process can be improved in just about any business to make it more successful. A good process can make the business and employees more efficient. The opposite Is true with poor process structures. Watch and learn how often a process can be fine-tuned to improve a business and increase profitability.
The Product
If the product is not of quality, a business is already in trouble. The quality and need of a product is the cornerstone of a business. Learn from watching the show “The Profit” how products can be improved, re-packaged, or product lines expanded to make a company more profitable. Often business owners have lost the ability to be objective. Learn how quickly Marcus can make changes to a business to re-position it for better chances at success.
Starting a business is not always easy, but running a business is challenging as well. The show clearly displays how many business owners and companies can make millions of dollars per year, but not be profitable and lose money. One method and tactic that business owners and companies frequently utilize to get help is consulting services. Getting help by experts is often a wise choice. Business consultants can shed light to certain issues and assist reaching certain company milestones and goals.
The Profit can be seen on CNBC. Give it a try!
