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Sycophants

Are you the type of leader or business owner who likes to surround themselves with sycophants?  I know they are out there; I have worked with a few, albeit briefly. I had a client who has since retired, but she knew and expected me to challenge her on key points of...

Networking Group

It has been awhile since I was a member of a networking group.  I had left because of the cost/time benefit ratio no longer made sense in belonging. Because of this a member of my Board of Advisors told me I needed to find one and join.  I have looked at a number of...

Conservative vs Explosive Growth

What is your businesses growth plan?  In the recent months I have had two different sources state that they believed I was on a conservative growth plan.  Granted they did not use those words, but that was their meaning. At one meeting my friend who is on my Board of...

Women in business

I have been encountering more women business owners lately.  I consider this to be a good thing.  Women tend to approach business from a different perspective then men, less instinct and a more measured approach.  They are also tend to be more conservative, so I...

Cost and Margin

The basics of business are not monitored well by most business owners.  I am talking the basic of basics; cost and margin. Cost is simply defined as the amount paid to acquire something.  Margin simply refers to the difference between the seller’s cost for...

Financial Dashboard

What does your “Financial Dashboard” look like? Do you have a “Financial Dashboard” that you use to monitor your business?  The purpose of the Dashboard is to monitor the success or lack of success of the business.  The ratios that you monitor should be directly...

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