Every semester, I invite entrepreneurs into my classroom at Vanderbilt University to share their stories with my students, partner with student teams to address business challenges, and receive recommendations about how to improve their businesses, drive growth, and better position themselves in the marketplace. Using these experiences as a backdrop, coupled with my own business…

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About 20 years ago, my wife, Jamie, and I started Wedgewood Consulting Group. We built the business from scratch, led it for over a decade, and then sold it. We learned mountains of lessons, many of which I’ve discussed on LinkedIn over the years, including some of the stories which form the basis of the 5…

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This topic is arguably more important today than ever before…as every customer relationship is so important! Author and CEO, Shawn Moon, joins Patrick in the ‘lab’ to discuss customer loyalty – what it is, why it matters, and what leaders can do to create a culture that generates loyal customers.  Learn more about Shawn’s work…

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Since inception, Lego has produced over 650 billion pieces. That’s nearly 93 blocks for every person on the planet. They’ve also manufactured 4 billion lego mini figures – one small Lego ‘person’ for every 1.75 people on earth. Ten years ago, Lego was struggling on every financial front and headed toward ruin; however, they turned…

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Toy’s R Us is dead – at least in the United States. According to CNBC, “Toys R Us is planning to either close or sell all of its more than 800 stores across the U.S.” The debate is underway about what killed Toys R Us. Was it poor strategy and execution? Including specific issues like store selection…

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