There’s a lot of alarming economic news out there! Just look at these headlines! More Americans are worried about inflation. Consumers are becoming substantially less confident about the economy. US economic growth to slow sharply with higher unemployment in 2023. More than 52,000 workers were laid off in the tech sector. When you read those…
This clip of Simon Sinek is worth watching (It’s just under 4 minutes long). As I was listening this snippet caught my ear. I like to think of money as fuel, and the car is the company, and the purpose is the destination. If money is fuel, it makes the car go. You absolutely have…
I spent the last couple of weeks asking people, “What is money?” And most people will tell me, “money is a tool.” For most of us, money is used to get things we want. If I want to hire an employee, I need money. If I want to take a vacation with my family, I…
This morning I spent 30 min that I didn’t have wrestling with my phone company who overcharged me by $57 on my last bill. Was that a good use of my time? What if I told you I’d spent almost 5 hours over the last month trying to get my daughter’s phone number off my…
“A Mantra is a protector of the mind.” ~ Chris Dorris You can’t get very far into working on your money mindset before someone starts telling you about their “money mantra.” At first, I scoffed at these pithy sayings. I felt like people are treating them like they are magic spells. If you search for…
I’ve been working on my money mindset the last few months My fake money experiment made me aware of how uncomfortable I am with money, how anxious and itchy it made me, and created a desire to have more freedom in my relationship with money. It also helped me see how attached I was to…
During the last slowdown in 2009 – 2010, I had one client who had a unique response to the economy. She is a very focused and driven leader who doesn’t accept excuses and knows the power she has to create the reality around her. So, when the economy started to slow and other leaders became…
If you’ve been listening to the news the last few weeks, you’ve likely heard about inflation and the fears that it will cause a recession in the US economy. What does that mean for how you should be managing and leading your agency? First, what is a recession? A recession occurs when economic growth slows…
I imagine that you’re in a cabin in the woods. You notice late one afternoon that you’re almost out of firewood. How do you respond? Do you panic? Do you worry or run around decrying how unfair this is? Do you count your sticks of firewood and develop a plan to ration them out? “How…
I’m reviewing budgets with clients right now, and I see one mistake over and over again. It’s a basic math error, but it’s hitting owners right in the wallet! Most of us were taught that Profit = Sales – Expenses. That’s wrong. Or at least it leads to wrong thinking! Let me explain. When new…