As one grows in their career and life, it’s important to develop an expertise in one or more areas. Most successful people make their living by doing something well. Whether that be someone who works with their mind or one …
I don’t often write these newsletters as lists but I had some questions swirling around in my head the other morning so I thought I would take the opportunity to share them with my readers. Ask yourself, are my employees …
Last week I faced a somewhat daunting challenge which basically required me to be in two different cities at the same time. Clearly, that’s just not possible so something was going to have to give and it didn’t seem like …
How much? It’s an inevitable question that nearly everyone asks during the buying process for most items. Sure, there are exceptions. You might not ask how much the cup of coffee is because it’s posted on the wall or you …
After my softer, gentler message last month, as promised I am returning to the more traditional focus on finance, cash flow and business performance. It is a well-known fact (if you don’t believe me, check Google) that people are often …
For those of you expecting the usual message about finance, cash flow or business performance, this month brings a bit of a different twist. Hopefully, it is even more valuable. This past weekend I had the opportunity to talk with …
My Seven P’s of Performance What drives performance? I recently had the opportunity to spend the day at the BMW Performance Driving School in Greer, SC with my brother, Steve. This is the second time we’ve made the trip for …
No one can predict the future (or at least not that I know of) but businesses need some line of sight into what tomorrow might bring. Note that I used the word “might”. Although no one can know with certainty …
Are you picking up early warning signals about the health of your business? That’s what RADAR (RAdio Detection And Ranging) does. It picks up signals long before something is close enough to do harm. If no one is paying attention, …
It’s been a while since I’ve written a piece that is technical in nature and deals with understanding financial statements so I suppose that I am overdue. The statement of cash flows is one of the most important, but least …
