“We have a commitment to continual evolution,” John Herrmann says, when asked how WB Liquors continues to achieve increased year-over-year earnings. As president of the more than 50-year-old family-owned and operated business, John has expanded operations to 60 stores. Since joining Vistage, he’s also doubled revenue.
A 30-year retail industry veteran, John runs his company from the store level perspective, not from the corporate office. It’s a pragmatic approach echoed in his advice to fellow leaders:
- Build for the future and do not get stuck in the present.
- Invest in the employees that are your company’s future.
- Keep finding ways to break out of your comfort zone.
- Put ego aside. Admit to mistakes, learn from them, and keep moving forward.