by Jim Schleckser | Jun 11, 2024 | Business, Decision Making, Delegation, Leadership, Management, Private Equity
As an entrepreneur, having a long-term vision of selling your business is a viable goal. However, it’s crucial to understand the factors that could impact both your ability to sell and the price you can command. By considering the buyer’s perspective, you...
by Jim Schleckser | Mar 5, 2024 | Business, Culture, Decision Making, Entrepreneur, Leadership, Management
In the business world, the phrase “reaching consensus” is commonly used, especially when a team is working towards aligning on a set of objectives. The aim is to promote procedural justice and achieve unanimity of views. But there’s a dark and ugly...
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,...
