Category Archives: John’s Opinions

Ownership and Accountability

The managing partner of a professional firm is preparing for partner review meetings, where goals are set for each partner for the upcoming year. Each year, he surveys the partners prior to starting the process, asking “What are the most important things … Continue Reading

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Can Small Business Survive Federal Regulation?

It has always been tough to start a business, but as Niall Ferguson points out in his excellent article “How America Lost Its Way” in the Wall Street Journal, it’s getting tougher. According to an annual survey by the World Bank, in only … Continue Reading

Posted in Entrepreneurship, John's Opinions, Managing Employees, Politics and Regulation | Tagged , , , , , | 2 Comments

Is “Follow Your Passion” Really Bad Advice?

It’s graduation season, and honored guests clutching honorary degrees are speechifying at commencements all around the country. In a recent story on National Public Radio, quotes from celebrities including Ellen DeGeneres, Oprah Winfrey and Michael Bloomberg all included the same … Continue Reading

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Giving Referrals: Fire and Forget?

We all appreciate getting referrals. There is a feeling of gratification in knowing that someone thinks enough of your work to send a friend or associate your way. Referrals are usually the life’s blood of most small businesses. When I … Continue Reading

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Healthcare Reform: Managing What You Measure

The Affordable Care Act (Obamacare) expanded health coverage to millions of people. It did little or nothing to control costs, and is just the tip of the iceberg in improving the quality of care. Think about how you select your … Continue Reading

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Could We Stamp Out Entrepreneurship in America?

In a recent Special Report on the Nordic Countries, The Economist notes that some Californian citizens pay taxes equivalent to those of Sweden. The Swedes,  however, at least receive an excellent educational system and free health care in return. The … Continue Reading

Posted in Business Perspectives, Economic Trends, Exit Planning, John's Opinions, Politics and Regulation | 3 Comments

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

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Year End Bonuses: Incentive or Entitlement?

It’s time for our annual discussion of the Holiday bonus.I pine for the days of my spiritual ancestor Ebenezer, who was offended at the expectation that he would pay Cratchit a whole day’s wages without receiving any work in return. One year … Continue Reading

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An Independent Look at the Election

The biggest disappointment of last Tuesday’s election, as I opined in an article by the San Antonio Express News, is that on Wednesday the national political landscape still looked a lot like it did on Monday. I tried to write … Continue Reading

Posted in John's Opinions, Politics and Regulation | Tagged , , , | 2 Comments

Atlas Shrugged and the Imperial Presidency

“Atlas Shrugged – Part II” was released on Friday. Those of you who read this column regularly know that I’m a fan of Ayn Rand, although I place myself far short of devout Objectivism. I’ve sported “Who is John Galt?” license plate … Continue Reading

Posted in Business Perspectives, John's Opinions, Politics and Regulation, Uncategorized | Tagged , , , , , | 1 Comment

Management and Teachers: Accountability Requires Authority

In Chicago, the city and the teachers’ union are approaching an agreement. Interestingly, neither side said that the strike was over wages. (According to NPR, the average teacher makes just over $76,000 a year, and will receive a raise of … Continue Reading

Posted in Incentives, John's Opinions, Managing Employees | Tagged , , | 1 Comment

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

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