In this episode of the "Next Gen Strategies Podcast," Grant Covault, Tyler Davis, and guest Paul Miklautsch discuss strategies for family-owned small businesses to thrive. The conversation centers on product-market fit, innovation, and understanding customer needs. Paul shares insights from his experience in industrial design and product management, emphasizing the importance of customer feedback and iterative product development. Key points include engaging customers to identify true needs, focusing on benefits over features, investing in R&D, and fostering a culture of innovation. The episode highlights the value of prototyping and testing ideas with customers before finalizing products.

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Learn more from our guest Paul!

https://www.boldrpm.com/paul-miklautsch-bio

Want to learn more about Grant? | CLICK HERE

https://thegcstrategies.com/

Want to learn more about Tyler? | CLICK HERE

https://www.datcpa.net/

In this episode of the "Next Gen Strategies Podcast," hosts Grant Covault and Tyler Davis discuss strategic planning for 2025, focusing on three essential steps: evaluating the past year, defining big-picture goals, and planning for agility. They emphasize the importance of reviewing financial performance, customer relationships, and operational efficiency. The conversation highlights setting SMART goals and maintaining flexibility to adapt to changing circumstances. By engaging employees and measuring progress consistently, businesses can enhance profitability and efficiency. The episode provides actionable advice for business leaders to navigate the complexities of the market and achieve sustainable growth.

Want to learn more about Grant? | CLICK HERE

https://thegcstrategies.com/

Want to learn more about Tyler? | CLICK HERE

https://www.datcpa.net/

In this episode of the Next Gen Strategies podcast, Tyler Davis and Grant Covault delve into the implications of Trump's tax plan for business owners. Tyler, explains key components like the Qualified Business Income (QBI) deduction, bonus depreciation, and changes to standard deductions and tax rates. Garrett provides context about the political landscape and the broader economic impact. Tyler emphasizes the importance of reliability and quality in business strategy. The discussion highlights the potential financial impact on small businesses and the need for strategic planning to navigate these tax changes effectively.