5 Business 'Black Holes' Draining Your Time, Culture, and Profit

Some of the biggest threats to your firm aren’t competitors or market conditions—they’re internal “black holes” that quietly consume time, focus, and profit.In this episode of Breaking BizDev, John Tyreman and Mark Wainwright unpack the everyday practices that feel productive but actually limit growth. From utilization tracking and meeting bloat to hourly billing, shiny object syndrome, and social media overuse, these black holes pull firms away from what matters most: client outcomes and real business development.You’ll hear:Why utilization and billable hours distort decision-makingHow internal meetings quietly drain leadership capacityWhy new tools don’t fix broken processesHow hourly pricing caps scalability and creates misalignmentWhen social media is an asset—and when it becomes a trapThis episode challenges long-held assumptions inside professional services firms and offers a clearer way to refocus on impact, value, and growth.Share your feedback in our listener survey: https://www.surveymonkey.com/r/8V9T6Z7