We’re running the numbers in this episode. Ben Virkler, from our IT department, shares their team goals to produce quality project deliverables and facilitate a smooth GeoTab transition. Plus, we feature Nussbaum CFO Bill Wettstein and unload ESOP, projections, and company growth.
Spring Clean Your InboxRaise your hand if your inbox could use a good spring cleaning. Ben Virkler and the IT team did just that to support their 4DX WIG. Have you noticed a cleaner inbox? Send a thank-you note to the IT team because they whittled automatic emails down from 65,000 to 20,000 per week!
GeoTab Questions?Now they’re your go-to for the new GeoTab system. Their goal? Make the transition as easy as possible. If you have your new GeoTab, you’ll be hearing from the IT department soon for a one-on-one chat!
Navigating the NumbersWith 18 years as Nussbaum’s CFO, Bill Wettstein has helped navigate Nussbaum through everything from temperate waters to tumultuous waves. Overseeing accounting and sales is in his job description, but he broadens it to reach every employee individually.
Mainly, probably my favorite part, is just spending quite a bit of time with employees from all the departments and learning what their joys and fears are and seeing what we can do different.
Keeping the Engine RunningBill’s pushed Nussbaum through some scary times. Take a step back in time and relive times of transition and uncertainty and how crisis only pushed management and employees to knuckle down and get creative. That’s what keeps this company running – outstanding people who strive for success.
Bill: At that point we were pricing freight to make bank payments, not to make money.
Phillip: Ouch…
Bill: Yeah, that was interesting.
Talking ESOPYou heard it here first – the valuation is complete, and our first ESOP statement is arriving in May! The first year is exciting but wait ‘til you hear Bill’s projections for the future. You may have to pull over because the shock and excitement could be too much!
It’s very exciting – it could be a huge wealth-building tool. It’s like working for yourself, having an ESOP, and it’s like owning the house, rather than renting it.
Quotes“Mainly, probably my favorite part, is just spending quite a bit of time with employees from all the departments and learning what their joys and fears are and seeing what we can do different.”
Bill: At that point we were pricing freight to make bank payments, not to make money.
Phillip: Ouch…
Bill: Yeah, that was interesting.
“Crisis leads you to think out of the box.”
“This is just a benchmark. Now we go from here, and we need to drive that number up.”
“This number here is just basically the starting point.”
“It’s very exciting – it could be a huge wealth-building tool. It’s like working for yourself, having an ESOP, and it’s like owning the house, rather than renting it.”
“It’s always this angst over have we got this timed right, is everything going to come together again? It’s more of an art than a science.”
Phillip: What are you focusing on?
Bill: Are you asking what’s stressing me out today?
“We often talk miles per day; I’m liking revenue per day more. If we get the revenue per day right, we can make the pay right for the drivers – I’m convinced of that.”
“Does that mean we need more freight? Does that mean we need to better manage the freight we have? Does it mean we have the wrong freight that isn’t meshing well?”
PicturesEp. 76 // Two is Better Than One: Keith & Tonya Salyer
Ep. 75 // Smiles, Shenanigans, Safety Supervisor: Dale Littlefield
Ep. 74 // Learning Together: Bobby Joy & Ryne Crowell
Ep. 73 // Stories from the Shop: Michael Collins and Jake Gray
Ep. 72 // A Christmas Message: Jim Revelle
Ep. 71 // A Classic Man With a Change of Plans: Giorgi Tabatadze
Ep. 70 // Be Yourself and Have Fun : Justin Worden & Jon Hohulin
Ep. 69 // Doing What They Love: Garrie Atkins & Steve Neil
Ep. 68 // Telling Stories with Matt Cheever and Brian Cannon
Ep. 67 // From Grocer to Driver: Gus Posada
Ep. 66 // Choosing Joy: Lisa Burton
Ep. 65 // Twinning: Cody and Cole Zeller
Ep. 64 // Tailor-Made for Trucking: Johanna Auer
Ep-63-The-Leatherman-Chris-Coleman-audio
Ep. 62 // Bright, Colorful, Whimsical: Saige Anderson
Ep. 61 // The Best Place to Go: Jerry Risley
Ep. 60 // In It for the Long Haul: Dennis Carson
Ep. 59 // Throwing TP With Police Chief Hugh Sands
Ep. 58 // How to Survive a Pandemic
Ep. 57 // Girl on a Rock: Kirsten Gee
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