Rhythm Blog | Winning Move

by Patrick Thean and the Rhythm Team

Strong Winning Moves to Grow the Firm and Stay Competitive

Alan Gehringer Thu, Jun 22, 2017 @ 09:00 AM

Has your growth stalled or have you missed your revenue and profitability targets the last few years? 

There is a solution. But before we get to that, think about if you have ever heard a dialogue like this or even told yourself these same stories. Play along with me here for a minute as I share the following pattern.

How is business ? Good, good, having a strong year. Busy.

How has your growth been the past three years? We really have not grown much, but maintaining or just a bit behind last year.

How are your margins, increasing, decreasing? Well, they have been decreasing, a lot of pressure from the competition. We are in somewhat of a commodity market. It’s tough.

Congratulations 2016 Inc. 5000 Winners!

Patrick Thean Mon, Sep 12, 2016 @ 09:00 AM

With the launch of new levels of our certification program, development of breakthrough software features, preparing for our second conference, and bringing on a new hire, 2016 has been a big year for us. Obviously, I was excited to hear that Rhythm Systems was listed as #3946 on the Inc. 5000 list. After scanning through the list, I was elated to see the number of our clients who also made the list.

3 Ways to Build Your Moat Before Competition Takes Your Castle

Barry Pruitt Thu, Aug 11, 2016 @ 09:00 AM

As you approach planning for another quarter, take a moment to check in on your Winning Moves. These are specific strategies that have the potential to double your revenue over the next 3-5 years. Many companies lose focus and momentum on these by only discussing them once a year during Annual Planning. Don't be one of them.

Business Lessons from the Story of David and Goliath

Barry Pruitt Wed, Jul 27, 2016 @ 09:00 AM

“Goliath had as much chance against David as any Bronze Age warrior with a sword would have had against an opponent armed with a .45 automatic pistol.” - historian Robert Dohrenwend

Over three thousand years ago, a shepherd boy, smallest and last in his family, ran onto a field of battle to face a giant of a warrior. He carried with him five smooth pebbles and a sling. This boy and his story have much to teach us as men and women business leaders.

YPO Innovation Week Workshop (Video)

Patrick Thean Tue, Jun 28, 2016 @ 09:00 AM

As a strategic partner of Young President’s Organization, last month we were privileged to be a part of their inaugural YPO Innovation Week

A weeklong series of 30+ events took place all over the world to inspire forward thinking among today’s business leaders. I presented a workshop, Winning Moves to Double Your Business, in Dallas to help YPO members brainstorm, rank, test and validate their growth strategies. My partner, Cindy, had the once in a lifetime experience of ringing the bell at NASDAQ for the Innovation Week closing ceremony.

How AvidXchange’s Strategy Rhythm Sky Rocketed Them to $48 MM

Patrick Thean Tue, Mar 22, 2016 @ 09:00 AM

The fast growing Charlotte-based YPO company, AvidXchange, has grown from $12 to $48 million in the past three years and is shaping the future of the electronic payment industry for the middle-market. A major part of the company’s success is attributed to discipline and a series of regular rhythms:

  1. A rhythm to work on growth strategies; 


  2. A rhythm to plan what the business is going to do every quarter; 


  3. And a rhythm of communication, making sure the work is done every week and every day. 

 

Winning Moves Breakthroughs at the Breakthrough Conference

Alan Gehringer Thu, Mar 10, 2016 @ 09:00 AM

In the fall, we had our first annual Breakthrough Conference in Charlotte, NC. The gods did not
 provide us with abundant sunshine for the event, although they did provide us with an abundance of breakthroughs for our customers!

The event consisted of two-keynote sessions from none other than our own Patrick Thean. Both were incredibly well received, and as one of our consultants said in our debrief session, I was not sure if I was a participant or part of the conference team, as I sat there in full learning mode.

Congratulations Fellow Inc. 5000 Winners!

Patrick Thean Wed, Aug 26, 2015 @ 09:00 AM

With the launch of the Rhythm book, new breakthrough software features and 8 new hires, 2014 was a big year for us. Obviously, I was excited to hear that Rhythm Systems was listed as #3000 on the Inc. 5000 list. (#3000, crazy number right?) But, after reading through the list, I was even more excited to see the number of our clients who also made the list.

Forecasting & Prediction: Execute with Confidence

Jessica Wishart Fri, May 22, 2015 @ 09:00 AM

If you have ever downloaded any tools or other resources on our site, you know that we usually ask you about your Biggest Business Challenge in our forms. In response to your feedback, we are featuring a series of blogs on your biggest business challenges! This post is a response to the challenge “Forecasting and prediction."

How many times have we been disappointed by an inaccurate weather forecast? The local news meteorologist smiles and says in a cheesy voice, “Get out your golf clubs and dust off the barbecue pit; Saturday will be sunny and 70 degrees. A perfect day…” Then, we wake up to thundershowers that bring in a cold front.

Trusting Luck is the Worst BHAG Advice You’ll Ever Get

Barry Pruitt Tue, Apr 7, 2015 @ 09:00 AM

I owned a company while in my late twenties that wasn’t glamorous but it was profitable - a commercial cleaning business. This was the one time, the one business where I got lucky and reached a poorly defined BHAG. 

I determined that my BHAG was to grow a business large enough to sell through a broker. There was no inspiration, just the dream that a broker would find someone to buy it. This was a type of financial BHAG, and now, an approach I don’t recommend because luck is not your best strategy and without inspiration doesn't engage the energy of your team.