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Are You Drowning At Work?
- Many executives and business owners find themselves in a familiar but dangerous position: overwhelmed, overworked, and “drowning” in the very business they set out to lead. Long hours—60, 70, even 80 per week—become the norm, yet the critical work still feels unfinished. This isn’t simply a workload problem; it’s a structural issue rooted in ineffective […] Read More
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What Every Business Owner Should Understand About Financials Part 3 of 4
- Financial reports are only useful if you apply the information within them for making informed decisions. Reviewing statements without acting is like reading a GPS and never turning the steering wheel. Forecasting Your Financial Statements are a snapshot of your business’s financial performance up to a given moment in time. They contain a backwards look […] Read More
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What Every Business Owner Should Understand About Financials Part 1 of 4
- Many business owners rely heavily on their accountant or bookkeeper to keep financial records up to date and accurate—and that’s essential. But delegating the tasks should never mean delegating understanding. Too many businesses fail not because the product is weak or the market disappears, but because the owner didn’t fully understand their financials. Understanding your […] Read More
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Going The Extra Mile
- If you read my previous blog post, you are aware that my wife and I purchased a condominium and are in the process of renovations to prepare for our impeding move. Condos and Co-ops generally have a reputation of being very difficult in their treatment of contractors and service providers, not to mention their owners. […] Read More
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A Great Business Quote from Ralph Nader
- Originally posted 4/25/2012, revised 7/18/2023. The Quote: “The function of leadership is to produce more leaders, not more followers.” Which, of course leads to the question you should be asking yourself; Am I, and the systems in my business, division or area of responsibility focused on developing leaders? If not, why not? It is often said […] Read More
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Effective Delegation Part 3 – What You MUST Delegate If You Want Your Business To Grow
- This is one of my most important posts. It was originally posted 12/4/2014, updated 9/14/2021. And now it has been slightly updated 9/12/2022. As part of my on-going series about the art and science of effective delegation, and in response to questions I have been asked, I have developed the following Top 10 List: […] Read More
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Effective Delegation vs. Abdication – Part 2
- Originally posted 12/6/2013, extensively revised 8/8/2022 (revisions are in Italics) Why You Say You Don’t Want To Delegate? I’ve surveyed many clients over the years, and the top reasons I have heard for not delegating are: It will take too much time I can’t afford the time to train someone to do this No one […] Read More
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What Can We Learn About Business from The Boston Pops – Part 2
- Originally posted 7/31/2014, revised 4/1/2022. About two weeks ago I went to a wonderful Boston Pops concert at Tanglewood. While enjoying the concert, my mind wondered to business, and I had two Blinding Flashes of the Obvious (BFOs). My first BFO was the subject of Part 1 of this post, that a well-run business is like […] Read More
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What Can We Learn About Business From The Boston Pops – Part 1
- Originally posted 7/15/2014, revised 2/2/2022. While at Tanglewood on a summer evening for a wonderful Boston Pops Orchestra concert under the baton of conductor Keith Lockhart, I started thinking (as I often do) about business. It was then that a very powerful analogy struck me … a successful business is analogous to a symphonic orchestra. An […] Read More
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Would I Fire My Client If I Owned His Company?
- Originally posted 10/10/2014, revised 1/6/2022. During a coaching session the other day, one of my clients asked me a very interesting question. To paraphrase his question –> given his shortcoming number one, and shortcoming number two, and etc., “if you (meaning me) owned my (meaning his) company and I was your employee, would you fire […] Read More
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