Nov
16
To write is human, to edit is divine. —Stephen King Every business owner knows that doing strategic planning this time of year is essential to success in 2016. But, how many of us lack the motivation (or impetus to make the time) to do so? Answer: Many business owners! As...
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Nov
15
ABA’s Timeless Treasures Series Taken from: The Business Guide, Twenty-Sixth Edition, 1891 Business Maxims The ABA Insider is published by American Business Advisors, Inc. to provide business and personal improvement information and ideas. All material is presented to provide general and broad information only. The information found in this...
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Nov
14
Human bodies are microcosmic shadows of the middle market business. Sometimes the veil of liminal spaces—the divide between what is and what might be—lifts in the most unexpected places—like in a doctor’s office. Business advising alone is only part of the prescription for sustainable business growth. After taking an embarrassing...
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Nov
13
Those of you who bear the CFP moniker or are NAPFA members are committed to the fiduciary standard of acting truly in your clients’ best interests. In the spirit of Kevin Condon’s Sacred Cow series, many in the financial planning profession believe in the Life Planning Sacred Cow—every client needs...
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Nov
12
If you are a baby boomer or have boomer parents, you’ve probably come across this ad: The Crankset Group has dubbed these Blinding Flashes of the Obvious. BFOs are epiphanic moments of “seeing” something essential for the first time or perhaps recalling something foundational that we’ve neglected or forgotten. Why...
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Nov
11
This is the season of anticipation. Last week I talked about the unusual temporal turducken we just experienced. We, like that dish of a chicken nested in a duck nested in a turkey, experienced an extended weekend beginning with Hanukkah, middling with Thanksgiving and “begending” with Advent. As I reflect...
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Nov
10
Over the last few weeks, we’ve looked at the five components needed to build a healthy framework for negotiating agreements: Trust Resiliency Communication Team Orientation Focus For illustration, I’ve applied these components to a particular kind of business advisory group—3to5 Clubs. Last week we explored the last two of these...
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Nov
09
As a business owner, I am acutely aware that my sphere of influence gives me a great potential to directly impact these dreary statistics of unemployment, underemployment and long term unemployment. Although the most recent labor report focuses on the 204,000 jobs created in October and highlights the federal shut-down...
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Nov
08
What is the “It”? The “it” is a Fourth Marriage—the marriage between Self and Money. (Click HERE for my Sept. 17, 2013 post referencing the other three marriages per David Whyte).One of the greatest teachers on relationships said, "No one can serve two masters. Either you will hate the one...
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Nov
07
When one buys or sells a firm, there are a number of key questions to consider. The art of a business is about building trust. The science of a business marriage relies on answering clear cut questions with quantifiable or, at least, unambiguous answers. Last week we discussed the science...
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