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In this episode, Pat shares insights gained from his experience as a lifelong Cincinnati Reds fan and baseball coach. Using the recent firing of the Reds' manager as a case study, he discusses the importance of addressing fundamental issues in an organization rather than relying on quick fixes. Pat draws parallels between the management of a Major League Baseball team and small business operations, emphasizing the necessity of maintaining strong foundational systems, such as marketing, staffing, and operations, to achieve lasting success.
00:00 Introduction and Setting the Stage
00:21 Baseball and Business: A Personal Anecdote
01:10 The Real Problems in Business
02:20 Fundamentals of a Healthy Business
04:06 Avoiding Band-Aid Solutions
05:30 Building a Strong Foundation
06:10 Conclusion: Lessons from the Big Leagues