by Jim Schleckser | Jun 18, 2024 | Advisory Groups, Board of Directors, Business, Delegation, Leadership, Management
Many businesses are founded by inspirational leaders with a long-term vision for their company’s future. Sometimes, this vision includes the desire for the business to be passed down through multiple generations of the founder’s family. I’ve worked...
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 19, 2024 | Entrepreneur, HR, Management, Talent
The term “A-players” has become commonplace in the modern workplace, universally understood to represent your organization’s top performers. These individuals consistently deliver exceptional results and maintain higher standards of quality compared...
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 | Nov 14, 2023 | Entrepreneur, Growth, Management, Strategy
Typically, during their initial phases, businesses tend to be exceptionally creative with minimal rules or low rule density. Their guiding principles might encompass aspects like prioritizing customer satisfaction, and encapsulating the essence of their operations....