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What Every Business Owner Should Understand About Financials Part 4 of 4
- Every business should develop a culture of understanding of their financial statements and why the numbers within matter. Clarity about financial metrics and clarity about other key performance indicators (KPIs) Is an essential part of having accountability within an organization. In addition, as the old parable goes, to reach a destination, you first need to […] Read More
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Things I’ve Recently Learned (or Have Been Reminded About)
- I have been taking several certification courses for some of the ActionCOACH 12-Week MasterCLASSes. While viewing the materials I’ve been reminded of many concepts I’ve learned during my journey as a business coach. In addition, I have learned a bunch of new ideas, concepts, and strategies that I would like to share with you in […] Read More
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More Mistakes That Will Hurt Your Company
- Last month I listed five mistakes I’ve witnessed company owners and executives make that damaged their businesses. The following are a few more potentially serious mistakes that I’ve seen. Making It Too Difficult to Become Your Customer. Without a doubt, your company should have at least one, if not several, depending upon your product or […] Read More
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The Top 7 Reasons Why You Should Have a Budget for Your Company
- During my 17 years as an ActionCOACH business coach, I have noticed several “themes” about business that keep coming back to the top of my work with my clients. Currently, my clients have been developing operating and development budgets for their businesses. A budget for your business is an important tool because it helps you […] Read More
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The Top Six Misconceptions About Business Coaching
- Business and executive coaching is an increasingly popular tool that many entrepreneurs and business owners are turning to in order to improve their performance, gain competitive advantage, and achieve their goals. However, despite its growing popularity, there are still many misconceptions about what business and executive coaching is and how it can benefit individuals and […] 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 Part 3 – What You MUST Delegate If You Want Your Business To Grow
- Originally posted 12/4/2014, revised 9/14/2021. 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: The Top 10 Items You MUST Delegate Activities that will speed up your cash flow – This includes collection […] Read More
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Are Things Going Well?
- Originally posted 12/2/2017. Earlier this week I attended a breakfast event, part of the Hofstra University Scott Skodnek Business Development Center’s Distinguished Lecture Series. The event was a Keynote Conversation with Brett Yormark, the CEO of Brooklyn Sports & Entertainment. Mr. Yormark was interviewed by Kevin Law, the President & CEO of the Long Island […] Read More
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What Can We Learn About Business From Collegiate Golf?
- Originally posted 3/10/2020 I recently read a great article in the December 2019/January 2020 issue of Golf Digest by Derek Duncan, entitled How We Roll. The article focused on several players and coaches of the University of Texas and Vanderbilt University golf teams. Buried within the presentation of the school’s various coaching systems and the […] Read More
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2019 Business Excellence Forum – Blinding Flashes of the Obvious Part 4
- Originally posted 5/13/2019. Our next speaker was the amazing Sheri Riley, author of “Exponential Living – Stop Spending 100% of Your Time on 10% of Who You Are” Her presentation included many BFOs: What will you give up to grow? If you don’t give things up, you limit your capacity to grow. Personal development fuels […] Read More
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