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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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Five Mistakes That Will Hurt Your Company
- My experience as an ActionCOACH business coach and from my many years as an entrepreneur I have noticed many business mistakes that owners and executives make that damage the organizations they work for. The following are five common mistakes that come to mind. Of course, this is just the tip of the iceberg. As an […] Read More
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What Can We Learn About Our Businesses from How CPAs Prepare for the Tax Season?
- While working with my CPA firm client, I had a major BFO (Blinding Flash of the Obvious) that reinforces the value of several business concepts my colleagues and I repeatedly discuss with our clients. Preparation – For CPA firms being prepared for tax season is essential to getting through the crunch successfully. Preparation in their […] Read More
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What Can We Learn About Business From Luke Donald?
- Originally posted 6/26/2012, revised 11/30/2022. While catching up on my non-business reading the other day, I read an article in the May 2012 edition of Golf Digest by Jaime Diaz about Luke Donald (Golf Digest Article). The article triggered a few ideas about business that will assist you in achieving greater success as a businessperson: […] Read More
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Why You Need a Company Dashboard
- A Company Dashboard is a periodic report or display with a limited number of high-level Key Performance Indicators (KPIs). A Dashboard is a very powerful tool that will enable you to have the pulse of your business on a daily, weekly, or monthly basis depending on the rhythm of your company’s business. A well-constructed Dashboard […] Read More
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2016 Business Excellence Forum – Blinding Flashes of the Obvious Part 4
- Originally posted 7/6/2016. The first speaker on the afternoon of the second day was Chris Cooke of Luv4 Marketing one of the ActionCOACH strategic partners. Luv4 has enrolled me and many of my colleagues in a social media master class. In addition, we are able to offer a comprehensive marketing class to our clients via […] Read More
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What Can We Learn About Business from Wimbledon?
- Originally posted 7/14/2015 revised 2/1/2021. It took 200 IBM statisticians to produce the statistics for Wimbledon and the BBC that we all consumed during this couple of weeks of tennis. So why are we consumed by this incredible amount of information that’s available? What is its purpose and how do we learn from what professional […] Read More
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Some Thoughts About Direct to Consumer Startups
- Originally posted 7/10/2018. I just finished reading a very insightful article entitled The Race To Reinvent Everything by Tom Foster in the May 2018 edition of INC Magazine. The article is about direct-to-consumer (DTC) startups, companies that are emulating the Warby-Parker model for many other product categories. Products currently offered by more than 400 DTC […] Read More
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