Host Randy Goruk encourages you to explore your area of responsibility for the items that cost you more than they’re worth or that anyone would pay for—these are “the pennies” of your business.

He emphasized to look for “pennies” in your organization, question all time-related and productivity-related items, paying particular attention to your fix overhead.

Leadership involves fiscal responsibility. That’s why he reinforces the concept that you can’t (or shouldn’t) sell something for less than it costs you to make.

Responsible leaders pay attention to what your “pennies” truly cost.