The 2–3% Rule: Why Profits Are Unnatural and Small Improvements Change Everything - featuring Spencer Ward
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Most business owners head into a new year chasing big goals and big growth, while quietly ignoring the numbers that actually determine whether the business wins or bleeds.
In this episode of The Idaho Business Podcast, we break down why profits are unnatural, why they disappear without discipline, and how reviewing your KPI's, P&L, and balance sheet at year-end gives you real leverage going into the new year.
We walk through the 2–3% Rule—how small, intentional improvements in turnover, pricing, and expense control can create massive, compounding results. You'll hear practical examples, including what reducing employee turnover by just 3% can do for a 50-person team, and how a modest 2–3% price increase across 90 customers can add tens of thousands of dollars to your bottom line.
This isn't about working harder or chasing a miracle year. It's about tightening standards, assigning ownership, and making disciplined decisions that protect profit and strengthen your business for long-term growth.
If you're serious about running a cleaner, more profitable business—and not just a busy one—this episode is your starting point.
If you are feeling the love, make sure to subscribe, rate, and review on iTunes, Spotify, YouTube, or wherever you are!!
If you'd like to be featured on an episode go to theidahobusinesspodcast.com to APPLY!
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