The Power of “Kill 2–Add 1” I’ve written before that what defines an organization is that it says “no” more than “yes.” That’s because creativity is a double-edged sword. While new ideas get the juices flowing and...
You’ve been approached about buying a business. What do you do first? The demographics tell an exciting story: we’re likely to see hundreds of thousands of small owners looking to retire over the next decade. Does the big question then become what will...
Firm revenue and risk avoidance are your lawyer’s top priorities – not yours There are times in every CEO’s life when you’re going to need the help of a good lawyer. And when those times arrive, you’d like to think that your...
Decision-Making with 75% of the Information That is all you need. The next management secret of the lazy CEO is information. And when can you make a decision? And I will tell you that for the info maniacs reading this, you are not going to like this one too much, but...
There’s an Easy Way to Calculate How Much You Should Be Making. You might be destroying wealth in your business without realizing it, but here’s how to stop Let me start by asking you what at first might seem like a silly question: Are you destroying...
When you start to think about selling your company, there are financial buyers and strategic buyers. These two categories of buyers show up at the table. The first is financial buyers, such as private equity firms, which are popular because they are swimming in cash,...
