The journey of 1000 miles begins with the first step —Chinese Proverb Many business owners are so overwhelmed with the immediate, that they don’t know where to begin. Or, they feel so close they cannot distinguish where they begin and their business ends. Let’s turn around a common way of... read more →
Apr
17
Apr
16
YOU’VE WORKED HARD TO BUILD YOUR BUSINESS, WORKING NIGHTS & WEEKENDS WITH A “WHATEVER IT TAKES” MINDSET. NOW, AFTER ALL THESE YEARS BUILDING YOUR COMPANY, YOU’D LIKE TO TAKE SOME TIME AWAY FROM THE BUSINESS. BUT CAN YOUR COMPANY SURVIVE WITHOUT YOU? American Business Advisors and SilverCrest Wealth Planning invite... read more →
Apr
15
I find that business owners, in their quiet moments of self-doubt, wonder if they will ever break out of a rut. Some of the ruts I hear about are: “I’m getting too tired (or old) to build this business.” “I don’t have the right skills to build this business.” “I... read more →
Apr
14
Will Your Business Survive Succession? “Succession is a Process – Not an Event” The odds are overwhelmingly against a successful transfer of ownership in privately held companies. Seventy percent of them fail! While this can be attributed to a variety of reasons; including change in markets and technology, family issues,... read more →
Apr
13
Ever since Jim Collins chose the imagery of "the bus" in his now-renowned book, Good to Great, to help the rest of us who struggle in the trenches with the challenges of building a world class team in our businesses, I’ve heard nearly every possible analogy from it. The fact... read more →
Apr
12
Kingdom Business: What is it? Is it possible? How do you Lead it? This week, ABA is introducing the first issue of a new and separate newsletter, The Spirit Led Business™, providing Insights on Building a Kingdom Business – a company led by a person who in turn is led... read more →
Apr
11
Determining the best debt design for your business is critical in order to maximize profits/cash-flow, provide liquidity, and manage risk. The major reasons for debt problems are excessive optimism, over-leverage, inadequate financial projections, and improper structuring of short-term and long-term debt. Industry leaders always have a low debt-to-equity ratio! The... read more →
Apr
10
Many owners—and most of humanity--struggle with articulating and living consciously by the genius within. The expression of genius is what makes us and our firms unique and best suited for some clients but not others. This genius is the grain of sand that stimulates our oyster to produce the Pearl... read more →
Apr
09
NOTE: We’ll continue the series on “acedia” next week. You’ve no doubt heard Pharrell Williams’ “Happy” song/video. If you haven’t, take 4 minutes to get a little happy: I recently hired a Client Happiness Specialist. Don’t have one? You need one too! Why? I believe you want to live a... read more →
Apr
08
Last week I described a major milestone of my business—my Sept. 21, 2013 BMD. This date signified Jon Hokama and Associates creating both money AND time for the owner. My business graduated from business “high school” but will continue to mature. Next Waypoint: My first Ideal Lifestyle Date (ILD), August... read more →