Profit
October 20, 2015
The 8 Worst Pieces Of Advice Business Owners Receive About Money
I know that advice is free and plentiful, but not all of it’s worth taking. Particularly when it comes to finances, it’s best to take advice from people who’ve successfully...
July 24, 2015
When Should I Take A Profit?
I don't care if your business makes a few dollars or a few million (or more). The foundation of every business, of every type, of every size is financial health....
June 2, 2015
Helpful Money Metrics to Help Monitor The Health of Your Company
When most people want to know how they’re doing financially, they look at their bank balance and see what’s there. Bank balance accounting – although wildly popular – is a...
May 29, 2015
The Inevitable Entrepreneurial Question: How Much You Should Pay Yourself?
Every entrepreneur stumbles sooner or later with the question of what they should be paying themselves. It is a fair question and one that you shouldn’t ask without doing a...
May 6, 2015
Your Long Term Business Strategy According To Vilfredo Pareto
Okay, here’s your history lesson for today … with a practical application to your business, of course! In 1906, an Italian economist made what seems like a simple observation, but...
March 10, 2015
You First
The premise of my newest book, Profit First, is to take your profit prior to expense. Ahem - take your profit first. I am eternally grateful for the emails that...
February 24, 2015
Grow Your Business Faster By Paying Yourself
When I’m consulting with clients looking to invigorate and grow their businesses, one question I often ask is: “Who’s your most valuable employee?” They inevitably give me the wrong answer....
January 8, 2015
7 Steps To Get Your Company Acquired For Big Bucks
I’ve sold two companies, and the sales were vastly different experiences, with wildly different results. When I was approached about the sale of my first company, I wasn’t looking to...
July 30, 2014
Take Your Profit First, Always
The formula for profitability has been established for ages. Every business owner, CEO, freelancer and entrepreneur knows it. It is even supported - scratch that, required - by Generally Accepted...
July 29, 2014
Free Minus The R Is Fee
You know this... there is no free lunch. Inevitably there is some kind of expense. If it’s not your wallet, it’s your time. Another way to look at FREE is...