A question I’m often asked is how much is my company worth? The sad answer usually is a lot less than you thought. Here’s the spoiler. Your company is worth what someone would be willing to pay for it. When we help owners put together a sale ready company the goal is to get the business to have a value that fill the owners financial needs, or at least what the business portion of those financial needs has to be. This week’s video is all … [Read more...]
Here’s where you’ll find our library of videos. Check back often as we add a few new videos every month.
Creating Business Value
You need to be in a mastermind group - What a mastermind group is and how it can help you create a sustainable business.
Is mentoring right for you? - You'll learn what our one on one mentoring/coaching program is about and whether it's right for you.
What keeps you up at night quiz - Our quiz that allows you to think about what keeps you and your business from moving forward.
Learn about our Alignment Process - This video talks about the process we use when we're both deciding whether we want to work together.
Making Wise Decisions - Learn a process we use to make decisions that get to the core reason you're doing something.
Why you should work with AskJoshPatrick - Learn who Josh Patrick is and why he does this work.
Free Video Courses
Success to Sustainability - Learn what it takes to take your successful business and have it become a sustainable business that supports you economically and personally.
Video Blogs - Instead of just reading about what I think, you can now watch with our new video blogs.
I admit it, I’m a process control geek. It all started in 1986 when I discovered W. Edwards Deming. In case you don’t know who he is, he’s the father of the process improvement and quality control movement. All of the strategies to take waste out of your process flowed from his thinking. This includes Lean Manufacturing, Six Sigma, Agile thinking and The Theory of Constraints. When I first discovered Deming I was thinking too big. I bet this … [Read more...]
For years I’ve told you how I consider myself to be a lazy person. This doesn’t mean I’m not busy and it doesn’t mean I don’t work pretty hard. What it does mean is that I’m always looking for the easiest way to get from point A to point B. If you would like to join me in my quest for becoming a lazy business owner here is one thing you need to do. You need to have a method for holding yourself accountable. I know, you might want to push … [Read more...]
There’s one thing I know when it comes time to transferring ownership in a family owned business. It’s that you want to have a smooth transition between generations. This is part of what having a sale ready business means. With a sale ready company an internal change of ownership happens and there is no drama around the ownership transfer. When it comes to training the next generation of owners, there’s a strategy I love. I call it the … [Read more...]
You might be curious about why I keep talking about having a sale ready company. It’s not because I want you to sell your company. The reason is simple, a sale ready company is more fun to run and way more profitable. Today we’re going to go into one of the main components of having a sale ready company. That’s systematizing your business. You’ve heard me say it before and it’s worth repeating. When you systematize your company, your employees … [Read more...]