It hits hard. Like a body blow from Mike Tyson. You didn’t know you could feel that much pain. Suddenly, everything else seem to not matter except for what you’re feeling in that moment. When word began to spread during the evening of April 6, the feeling of shock touched everyone. A Junior “A” hockey […]
Last week we began a discussion on Avenues to Growth, and in introducing the concept we described how employing tactics to achieve that growth is meaningless without first defining your business goals, “your WHY”. The reason: how do you quantify actions without a desired outcome with which to measure those actions against? Just get in […]
There are many tactics that can be implemented to achieve growth in your business. Listing them right off the hop would be meaningless, because first we must understand your goals. What is it you are trying to achieve in business? Why are you in business? As Michael Gerber wrote in The E-Myth Revisited, “the problem is […]
Muhammad Ali. Wayne Gretzky. Tom Brady. Professional athletes…emphasis on “professional,” the best at what they did (do). Evoking cries of “The G.O.A.T.” which stands for “Greatest Of All Time,” these legends all used a coach. Football teams have more coaches than they are allowed players on the field at any one time. Baseball, hockey, soccer, […]
Like any piece of business information, the balance sheet is only as useful as the quality and accuracy of the information presented in it. In my experience, the balance sheet either gets too much emphasis or not enough. Too much when a business is not profitable, but always falls back on “Well we (they) have […]
Who do you look up to? It doesn’t have to be another business like yours, it can be anyone or any business. Why do you look up to that person or entity? What have they done that you want to emulate? “If you benchmark yourself against the average you’ll be out of business in 5 […]
Heat comes from energy. Emotion creates energy. Therefore, emotion provides the heat. But, emotion can also cloud our judgement. It can lead us to act irrationally, and even in ways we would not normally behave. Light, however, provides perspective. By illuminating more than what is right in front of our nose, we are able to […]
Push and pull. Passive aggressive. Proactive or reactive? Okay, passive aggressive doesn’t REALLY apply…or does it? A recent conversation with a banker had him using terms & phrases such as: they have no idea what they owe, to whom, or what their payments are; they leave out information in what they send to us; after […]
Seth Godin recently wrote a blog titled The Super Bowl is for losers. In it, he describes the reasons why the only winner in Minneapolis’ bid to host Super Bowl LII is not the city or its residents, but the builder of that new $1,129,000,000 stadium. In this particular piece Godin contrasts the decision to […]
The markets are on a wild ride over the last week. After an elongated bull market, we’ve seen huge drops in the value of the S&P500, which have created ripples in Canada as well as in foreign markets. Right on cue, we hear investment advisors insist that staying the course and not panic selling is […]