by Jim Schleckser | Feb 20, 2024 | Budget, Business, Entrepreneur, Growth, Management
Every business leader should possess a fundamental grasp of accounting. It’s not about becoming an accountant; rather, it’s about acquiring enough knowledge to avoid being deceived or deceiving oneself. There is one specific area where accounting...
by Jim Schleckser | Jan 23, 2024 | Business, Entrepreneur, Growth, Private Equity, Raising Capital
When securing funding to fuel your business expansion, the conventional practice involves issuing common stock. This is the customary avenue through which you would offer shares to individuals such as your parents, uncle, or friends and neighbors who are interested in...
by Jim Schleckser | Nov 7, 2023 | Advisory Groups, Business, Decision Making, Entrepreneur, Leadership, Management
With the rise in popularity of people pursuing MBAs in recent years, there’s been a spike in the reliance on analytics in business decisions. If you don’t have data to back up your position, you come across as unprepared, even unprofessional. You can thank...
by Jim Schleckser | Oct 31, 2023 | Business, Entrepreneur, Leadership, Strategy
I have previously discussed strategic positioning and how your organization can adopt various models or archetypes to secure a competitive edge. But there’s another way to think about your strategic position in the market from the inside out. In other words,...
by Jim Schleckser | Oct 24, 2023 | Business, Entrepreneur, Growth, Strategy
A considerable amount of content has been produced on the subject of strategy development, with numerous blogs and books dedicated to it. This abundance is understandable as formulating an innovative strategy for your organization is an enjoyable task. After all, who...
by Jim Schleckser | Sep 5, 2023 | Business, Entrepreneur, Growth, Leadership, Strategy, Talent
Many business professionals are acquainted with Michael Porter and his five forces model for assessing a company’s strategic position. However, what may not be widely known is that there exists a similar model that predates Porter’s. Written by Raymond...