by Jim Schleckser | Mar 27, 2017 | Business
You Need a Process and You Need to Protect That Process Warren Buffett knows great financials are critical to the success of any business, they are really just outcomes of having a strong “machine” and an impenetrable “moat” for your business....
by Jim Schleckser | Mar 1, 2017 | Business
When to Know You’ve Earned Your Pink Slip A word of caution for any entrepreneur who has founded a business and remains active in it: you might need to fire your CEO – yourself. Of course, every owner of a growing business knows what it’s like to...
by Jim Schleckser | Sep 30, 2016 | Business
Til Death (of the Business) Do You Part Business partnerships fail frequently. But we can learn from how people in good marriages manage their relationships to improve the odds. Starting a business is no small endeavor, especially if you’re doing it alone....
by Jim Schleckser | Jul 19, 2016 | Acquisitions, Business, Decision Making, Entrepreneur, Growth
Entrepreneurs regularly ask whether or not they should sell their company to a private-equity firm and is it a victory or a defeat when they do. It depends. If you own a company, you’ve probably received a call or a letter from a private-equity firm. You may...
by Jim Schleckser | Jul 11, 2016 | Business
K.I.S.S. (Keep it Simple, Stupid) When it comes to communicating about your strategy with your organization, and ensuring you don’t overthink it, the phrase to remember is: keep it short and sweet. Everyone who runs a successful business believes that they have...
by Jim Schleckser | Mar 29, 2016 | Business, Entrepreneur, Growth
No doubt you have all heard of the Golden Rule, which is often summarized as, “treat others, as you would want to be treated yourself.” The beauty of this rule is in its simplicity. It turns out there is another simplistic rule–the mnemonic is...