by Jim Schleckser | Jul 25, 2023 | Business, Entrepreneur, Growth, Leadership, Recurring Revenue, Strategy
The true worth of a business lies in its ability to generate cash. If you’ve come across an investor pitch deck or an investment memorandum designed to promote a company’s sale, you’ll likely notice a key term: EBITDA, prominently highlighted. If...
by Jim Schleckser | Jul 18, 2023 | Advisory Groups, Business, Entrepreneur
Instead of dreading competition, explore opportunities for collaboration and knowledge exchange with them. I’ve maintained a friendly demeanor toward my competitors throughout my professional journey. It’s become a habit for me to reach out and have...
by Jim Schleckser | May 16, 2023 | Business, Entrepreneur, Growth, HR, Strategy, Talent
During the initial phases of a company, it is essential to foster a collective commitment to success among every team member, be it your front-line employees or equity-holding partners. Encouraging each individual to surpass expectations and contribute significantly...
by Jim Schleckser | May 9, 2023 | Business, Decision Making, Entrepreneur, Leadership, Talent
I have a personal belief that not everyone is wired to make money. I’m not sure if people are born with it, but I call it the money-making gene. Regardless of whether it’s inherited or learned, it’s an important skill set for the people on your team...
by Jim Schleckser | Apr 25, 2023 | Business, Culture, Decision Making, Delegation, Leadership
It turns out there is another factor every leader needs to assess before delegating a decision: whether the issue is reversible or irreversible. I’ve written before about how leaders can better assess whether they can delegate a decision using the issue’s...
by Jim Schleckser | Apr 11, 2023 | Business, Culture, Customers, Diversity, Entrepreneur, Strategy, Talent
Let’s discuss why you need inside-outside capabilities on your management team and rational-emotional talent on your team. I’ve written before about how leaders have one of two kinds of skill sets: inside and outside. The idea is that someone with...
