“Every business owner needs to be his or her own CFO!” So says Jay Goltz in the May 2009 issue of Fortune Small Business, page 17. I couldn’t agree more! “Delegating that task to a bookkeeper or an outside accounting firm means putting your life into their hands. They generally don’t know the ins and […]
Warren Buffet in the May 5th, 2009 New York Times Business section said: “Leverage is what causes people real trouble in this world. You don’t want to be in a position where someone can pull the rug out from you or, emotionally, where you pull it out from under yourself.” Hummm …
The old definition – a path or a roadway over which something runs – has been updated for the times to mean: the length of time your company has until it runs out of cash. Jason Calacanis, a successful geek entrepreneur (and I use that word with all due respect) said the following: “You need […]
As I survey the landscape of clients, colleagues and friends in the remodeling industry, I look for patterns of success as well as patterns of failure. These patterns, I’ve discovered, are not black and white, but shades of gray. That’s one of the beauties of growing older (of which there are many to my mind) […]
A new ‘must read’ is the article in the March 2009 Harvard Business Review entitled “In a Downturn Provoke your Customers”. I put off reading it until I had ABSOLUTELY nothing else to read (which happened to be yesterday) and found it fascinating. The point is abbreviated in the following “Idea in Brief”: “Selling in […]