Before you start on a project or even deciding what project you should work on, it's important to have a process for deciding what it is you wanna work on and why. Too often, we don't have a good idea about what's the right thing for us to work on at any particular time in our job and in our companies. Several years ago, I came up with a process I call The Objective Review. And today's video is an explanation about the five areas that we cover … [Read more...]
What It Means To Be An Old Fart In Business
When I first started my business career 42 years ago I was 24 years old and I was always the youngest person in the room. And over that timeframe I've moved from being the youngest person too often being the oldest person or on my way to being the oldest person... And that's what today's video is about. How do you stay relevant in a society where youth is valued and wisdom not so much? Transcript When I first started my business … [Read more...]
Cash Flow Statement: What It Is & How It’s Put Together?
You know, several weeks ago I did a couple of videos on how to create excess cash in your business. During these videos I talked about a thing called the cash flow statement. And since I put those videos out, I've gotten lots of questions from folks about what a cash flow statement actually is, and how to use it. Now, that's what today's video's all about. It's about what a cash flow statement is and how it's put … [Read more...]
Learn The Importance Of Implementing “Trust But Verify” In Your Business
You know, way too often we buy something and then it falls far short of what we expect, and I'm talking here about a service, not a physical product. We're gonna talk about a phrase, which I think is really an important part in and mindful for us in business: trust but verify. We always wanna start with trust, but if we don't verify along the way, there's a good chance that that trust could be taken advantage of. So watch this short video and … [Read more...]
Why You Need A Customer Advisory Board
I'm often asked what are some of the best things you can do to have a great business that you might not be thinking about. After I talk with you for a while, I'm likely to say, "You know, if you had a customer advisory board "that would be something that would add a ridiculous "amount of value to your business." And, that my friends is what our video is about today. I want to talk with you about the world of customer advisory boards, some of … [Read more...]
How To Create Excess Cash In Your Business
I've become obsessed with what it takes to create excess cash in a business. I learned a long time ago from personal experience that without excess cash the only thing you're ever going to be thinking about is "How do I create more cash in my business?". You might want to know about the four absolutes I've learned about cash and having enough of it in my business. If so, watch this short video to find out. Transcript I've become … [Read more...]
Are You The Expert At Your Job?
When I had my food service and vending company we had four statements that we called the pillars of the company. One of them was my very favorite and it was about supporting our value of being personally responsible. That's what today's video is about. It's about this pillar that I think should be part of every company, not just our little food service company. This pillar is so important that I would think that every company would want to … [Read more...]
Your Brand Should Not Be You: The #1 Rule In Creating A Sustainable Business
Today we're gonna talk about your brand. You know, you probably noticed that you're at The Sustainable Business. And you'll be correct if you thought my business is about helping business owners create a sustainable business - the one that will last past you. You know, when I talk about sustainable business, people will often ask me, what's the most important thing that someone needs to do, to create an economically sustainable business? You … [Read more...]
The Idea Of The Free Hire
You know, when I work with private business owners like you, I often say that you should hire a key person to help you with your company. And the response I usually get is, you know, I would love to, but, I just can't afford to hire that person. I understand that when you hire a new person whether it's a frontline person or a senior manager, you're gonna have to pay them some money. You know, because of this dilemma, I've started thinking … [Read more...]
Your Story Matters, Tell It To Your Employees
I bet that at some point in your life you were an employee for someone else. I also bet that you may have even wondered why the owner of the company started the company, and what sort of trials and tribulations they had along the way. One of the very first things I do when I start working with a new client is to find out what their story is. Most of the time there's a magnificent story that comes out but it almost always takes more than a … [Read more...]
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