Running a Business Archives |

Business Modeling

Michael Lewis in his book “The New, New Thing” offers us possibly the best distilled the definition of a business model: “All it really meant was how you planned to make money” That is the ultimate purpose of all businesses, enterprises and Not-for-Profits, it is to...

Due Diligence

I was at a several day seminar a few weeks ago and at several times throughout the seminar touched on the topics of due diligence. That got me thinking about my clients and their responsibilities for due diligence: with clients, employees, health and well-being, etc....

Managing Cash

Cash the life blood of every organization.  So what is the current state of your receivables?  I personally always liked how Jean Sheppard put it “In God we trust, all others pay cash”.  I know he probably did not create the saying, but I know it from his book.  If...

The contrarian

Merriam-Webster has a contrarian as a person who takes a contrary position or attitude specifically: an investor who buys shares of stock when most others are selling and sells when others are buying. Malcom Gladwell essentially labels them as outliers. W.Chan Kim and...

How to Network

“How to Network” I am awful at this.  I hate going into a room where I may kind of know only one or two people, or worse know no one in the room at all. But, I need to network to continue to grow my business, so I go to networking events.  I also prefer those events...

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