Steve Simonson Masterclass: The Entrepreneurial Mindset
Steve talks through reading inflation, commodity prices, and geopolitics into supplier negotiations, and previews an executive masterclass on systemic thinking and finding your company's why.
Steve Simonson
Show notes
With inflation and the war in Ukraine putting real pressure on raw material costs, Steve walks through how he thinks about supplier price increases: track the actual commodity driver, don't just accept or reject a demand on vibes, and look for real alternatives like substitute materials or new production locations.
He also previews an upcoming executive masterclass in England covering systemic thinking, finding your personal why, building a strategic objective, and understanding your company's story.
A useful listen for any operator trying to negotiate supplier pricing with actual data instead of guesswork.