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Helping business owners grow their companies and transition with confidence, added value and complete control.
Category Archives: Entrepreneurship
Santa Boss: The Role of a Business Owner
Ebenezer Scrooge was visited by three ghosts, so it’s fitting that I tackle the issue of the holidays three times. We’ve discussed terminations close to the holidays, and the custom of dispensing year-end bonuses. But in the end Dicken’s Scrooge was … Continue Reading
Success: Is Good Enough, Good Enough?
On Friday’s On Point program on NPR, Devlin Barrett and Tom Ricks discussed the burgeoning “Generals’ Affair” scandal. This weekend, the Wall Street Journal has a commentary by Senate Minority Leader Mitch McConnell, which reinforces several analyses in that paper … Continue Reading
Posted in Entrepreneurship, Leadership
Tagged business ownership, entrepreneurship, leadership
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Business Value: Do Your Numbers Add Up?
Most small business owners don’t understand how to value their companies. For some, misunderstanding the way that buyers look at the value of your business can be very costly in the long run. The fourth of our Rights and Obligations … Continue Reading
Politically Speaking: Do Small Business Owners Have a Voice?
The political parties have completed their prime-time convention pageantry, and are buckling down for the 60 day dash to the election. Both profess to be focused on the”little guy,” the middle class backbone of America. One party says that you … Continue Reading
Posted in Entrepreneurship, John's Opinions, Leadership
Tagged Ayn Rand, economy, employees, entrepreneurship, news, politics
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It’s Your Money: Fighting Profit Guilt
A few weeks ago one of my peer boards was discussing the hiring of a new salesperson. One owner asked the others “What is the most important trait you look for in a new salesman?” Another member immediately burst out: “Someone … Continue Reading
More than a Feeling
This is the story of two business owners. It is true. It is real-time. Both stories occurred last week, and I was present in both conversations. The first story is one of disaster. A restaurant owner I work with was … Continue Reading
Lords of Chaos
Every business owner must be adept at dealing with chaos. Entrepreneurship demands the ability to choose a course of action when everyone else is staring into the headlights. It requires a willingness to make a decision with inadequate information, and to make new decisions … Continue Reading
Should You Sue?
This column appeared as an op-ed piece in this week’s San Antonio Business Journal titled “Most Legal Battles Played by Risk Rules.” If you are in business for any length of time, eventually you will face a situation where the only … Continue Reading
Unlimited Time Off From Your Business
The second “rule” on our downloadable poster “Your Rights and Obligations as a Business Owner” is: “You have the right to unlimited time off with pay.” followed by the corollary obligation; “You have an unlimited obligation to customers. Business deadlines … Continue Reading
Posted in Entrepreneurship, Managing Employees
Tagged business ownership, employees, leadership, management, small business advice
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Entrepreneurs Love Paperwork
Entrepreneurs love paperwork. Not. The truth is that most entrepreneurs hate paperwork with a passion otherwise reserved for the college team that ran up the score on their alma mater year in and year out. If I want to get a guaranteed … Continue Reading
Thinking Isn’t Doing
My friend Phil owns a mobile imaging company. His employees criss-cross the major cities in South Texas in dozens of trucks outfitted with portable X-Ray and ultrasound machines, responding to calls from nursing homes and home health providers. In th beginning, … Continue Reading
Left Behind
As business owners, most of us understand that the people who help us get our company to one level may not be the folks who can get it to the next. A great salesman may not be your next sales … Continue Reading
Posted in Entrepreneurship, Strategy and Planning
Tagged financial, management, sales management, small business advice
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