This is an expert from a speech I have given a few times on a phrase that I coined as Ruthless Expense Control. I learned most of these practices from my time working for Walmart corporate, and then later deploying what I learned at Walmart to grow my own companies profitably from the first day. These disciplines should be deployed by every company, from a start up to Fortune 500 companies. If you're an employee, start with point #10 below and work your way backwards as employees have a fiduciary obligation to their employers to practice Ruthless Expense Control. Treat the company money as if it was your own when it comes to expenses. Every dollar you save can go back into the company to make it bigger, stronger, faster.

• 1. Embrace Minimalism in Office Space:

• 2. Negotiate Vendor Contracts:

  3. Implement Virtual Meetings to Cut Travel Expenses:

  4. Outsource Non-Core Functions:

  5. Leverage Remote Work:

  6. Barter Goods and Services:

  By the way, if you need a great extremely low cost virtual phone service, we have used UNITEL VOICE for years for our fully virtual automated phone and voice mail system. I would promote them even if it wasn't an affiliate link (which it is). They have a 30 day money back guarantee, business phone services starting at just $9.99/mo, and they even make a professional recording for your voicemail system and extensions for you for FREE! It's really worth checking out:

  Get your UNITEL VOICE account and toll free number set up using this link.

  7. Utilize Open Source Software:

  8. Emphasize Preventive Maintenance:

  9. Encourage Cost-Conscious Culture:

  10. Employee Accountability:

  
  

We need to tell these stories to the next generation so they never forget what happened on September 11, 2001. Listen to the story of one hero, Rick Rescoria, and how he saved nearly 2,700 lives and gave his own on September 11, 2001.

We have used WeWork competitor Regus for years as our secret weapon for ruthless expense controls. Regus should have paid us for this plug, but they didn't so we're going to teach you how to use Regus to your advantage to grow your business affordably. Regus has over 3,000 locations in over 120 countries including 3,000 business lounges.

This is not a paid advertisement, so listen to the end to find out the DOWNSIDE of the upsides of using Regus Office Centers to grow your small business.

Regus has 25% off in July on select workspaces.. As usual, read the fine print because with Regus there's always a ton of fine print.

This is NOT a paid promotion for Regus, and Dave talks about the best parts of Regus and the downsides including :

Hidden Fees: Many customers have reported that Regus tends to impose additional charges and hidden fees beyond the initial quoted price. These fees might include extra charges for using certain facilities, administrative costs, or unexpected service fees, leading to budgetary surprises for tenants.

Customer Service: Complaints about customer service are relatively common. Some tenants have expressed frustration with delayed responses to queries, difficulty in reaching support staff, and unaddressed concerns or issues with the office space.

Limited Availability: In some regions or during peak times, there have been complaints about a lack of available office spaces or meeting rooms, which can be inconvenient for businesses needing flexible access to workspace.

Maintenance and Cleanliness: Some tenants have reported subpar maintenance and cleanliness of the office spaces and shared areas, leading to discomfort and a less professional work environment.

Internet Reliability: Complaints about the quality and reliability of internet connections in Regus offices have been raised. For businesses heavily reliant on stable internet access, any disruptions can be a significant drawback.

Short-Term Lease Costs: While Regus offers flexibility, some businesses have found that short-term leasing options can be relatively more expensive compared to traditional long-term leases, impacting their cost-effectiveness.

Privacy Concerns: Co-working spaces, which are a significant part of Regus' offering, can sometimes lead to concerns over privacy and noise levels, particularly in open office layouts.

Billing and Contract Issues: A few customers have reported challenges with billing errors and difficulties in resolving contract-related matters, which can create administrative hassles and potential disruptions to business operations.

Office Space Conditions: Complaints regarding the condition of office spaces, including outdated furniture, worn-out carpets, or insufficient lighting, have been raised by some tenants.

Cancellation Policies: Several customers have expressed dissatisfaction with Regus' cancellation policies, finding them rigid and difficu

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