Category: CEO Posts

It IS My Job! Building a Positive Company Culture

Posted on August 10, 2017
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Posted in CEO Posts
Developing a Company Culture of fun, growth, and appreciation takes work.
Every day you have a business, you’re building it, whether you’re trying to or not. And like any physical structure, your finished product is going to be considerably better when you plan your build. At Point of Rental, we have the opportunity not only to run our own business, but to work with thousands of other entrepreneurs who have built their own successful cultures. These are four tips we’ve learned in our decades of experience: 1. Define your business Every ...Read More

Climb, But Enjoy the View

Posted on March 4, 2016
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Posted in CEO Posts, Culture
Point of Rental Software shows view from mountain climb
A number of years ago when visiting family in Alaska, we attempted to climb to the Harding ice fields or at least that was the plan. It is a four mile hike with 1000 foot rise of elevation with each mile. After several hours of hiking, you would see false summits. As you reached the “summit” you were disappointed to find the full height of the mountain still in front of you. You kept climbing to the next “summit” only again to realize that ...Read More

How to Measure Success

Posted on June 23, 2015
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Posted in CEO Posts
I have read numerous books and heard countless speeches on how to develop a successful business. While these almost always inspire me with new ideas, they have left me pondering what defines success. What should be the leading goal of a business? Of course there are many possible answers to this question, but all too often companies believe that growth is the primary objective. Motivated by company expansion, they set targets to achieve this goal at the exclusion of other ...Read More

How Future Technology is Revolutionizing the Rental Industry

Posted on May 12, 2015
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Posted in CEO Posts, Rental Industry
It’s no surprise that technology is constantly evolving. Even within the last five years, it’s staggering just how much technology has revolutionized the rental industry. We now have integrated RFID technology, GPS and tracking capabilities, Cloud technology, mobile workforce solutions and much more. In the next five years, the advances in the tech space will likely be just as astonishing. The next “big thing” in the tech industry is the Internet of Things (IoT). The IoT concept is that everything ...Read More

What Candy Crush* Taught Me about Business

Posted on December 30, 2014
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Posted in CEO Posts
It all started when my nieces convinced me to download this app called Candy Crush*. You might ask what a grown man is doing playing something that sounds like a kids’ game. Well, you should probably also ask the other half billion (with a “b”) people that have downloaded Candy Crush*, as it's the second most downloaded game in history. In any case, if you're not one of the lucky half billion people, I'll try to summarize the rules. You have ...Read More

Taking Inventory this Thanksgiving

Posted on November 25, 2014
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Posted in CEO Posts
When I worked at my parents’ rental store, the most dreaded words were, “Wayne, you need to go take inventory.” Of course, in those days, we didn’t have Mobile WorkForce, Inventory Count feature, or tablets with Bluetooth barcode scanners. We also didn’t know about rolling inventory, where you are taking inventory all the time. My dad believed in the annual inventory method, which meant that my Christmas vacations were spent in the upstairs storage area of the store, shivering as I ...Read More

Essential Lessons From Fitbit You Need To Be Applying In The Workplace

Posted on November 4, 2014
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Posted in CEO Posts
Recently, a friend of mine bought a device for me called a Fitbit. A Fitbit measures the number of steps you take, the distance you walk in a day, the flights of stairs you walk, the amount of sleep you get, and several other things. One of the features of the product is sharing - you can share all of those stats between your friends. I am in decent shape and exercise quite often, so I was excited to get the Fitbit and ...Read More

Point of Rental Gives Back!

Posted on July 10, 2014
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Posted in CEO Posts, Company News, Culture
Earlier this summer, my wife and I went on a mission trip to Guatemala with our church. Our church partners with two private schools there whose goal is to change their country and the world by educating children that live in extreme poverty. But they don’t stop simply with academics. Their mission is to change the entire mindset of people living in poverty by teaching nutrition, health, and character, in addition to academics. They care about the entire life of ...Read More

Should I Hire My Kids?

Posted on June 27, 2013
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Posted in CEO Posts
Summer time is here! The kids are out of school. They have free time to play video games, surf the Internet, chat on Facebook, and harass the neighbors with fire crackers. In fact, they have too much time. Time that could be better spent doing something useful, like working. Hmm…you own a rental store. You could hire your kids for the summer... But wait. Maybe you should think this through. Employing your children, can have lots of implications, some good ...Read More