You might think that among people the most diligent in personal financial planning you would find the majority of business owners. But you would think wrong. Why? Here’s the reason: Some 90%s of business owners expect that the sale of their business will one day fund their retirement. Yet less than 5% know how much their business is worth. Those
Though we live in a time of shortages caused by supply chain disruptions, there is no shortage of advice in the business press about the tremendous advantages of retaining an executive coach or trusted advisor, as a quick Google search will show. Does that mean that if you as a business owner do not have such support then you are
Like most business-oriented newsletters, this one tends to avoid political issues and broader economic and social questions. At some point, however, it is appropriate to address the general background in which we all operate, since it can affect our businesses and employees profoundly. The U.S. is going through a very confusing and tough time. Only about 13% of the populace
Mid-March is about the time a lot of New Year’s resolutions have begun to wane and guilt to set in. This article aims to relieve you of some of that guilt. Since the publication a few decades ago of In Search of Excellence by Robert Waterman and Tom Peters, a national obsession has emerged of being outstanding in all that we do.
It is easy to lose perspective when you feel inundated by a torrent of daily, discouraging news reports. With a loss of perspective can come an erosion of hope and vision, which presents a danger to all enterprise. “Where there is no vison, the people perish.” (Proverbs 29:18) This article is about some truly positive and remarkable developments which may
First there was the ransomware attack on Continental Pipeline a month ago, making much of their computer system inaccessible. This shut off 85% of the oil to the East Coast, until a ransom of about $5 million was paid to regain access to data and hardware. A few weeks later, JBS, an international meatpacking company underwent a similar attack, causing