So a few weeks ago I talked about three bad ways to measure your daily progress (that we all fall for) and as I was looking for some better ways to track progress I came across this post by @macsparky about a method he’s been using, it’s simple, effective and I kind of like it…
One of the challenges of owning your own business is that you are both the CEO, responsible for the day-to-day decisions and direction of the company AND you are also the principal investor responsible for the long-term health of the business and interested in improving the equity value of the firm. To use a sports…
Let’s go back to some homework I asked you to do roughly a month ago. Do you remember? I asked you to write out the WHY you want to make more money in your business. If you weren’t with me a month ago take a minute to go back and do that homework. If you…
Following up on my post about how focusing is essential to growth I got a question from a fellow business owner, Paul asks; Hi Brad, I love this Venn Diagram; in fact, I have a copy hanging on my office wall! The dilemma occurs when the intersection of something we do well and don’t love…
We’re going to talk about, and work on, this process to help you to make more money for a while. But this might not be the perfect time in your life to do that. So before we get deep into this, I want to stop and check, are you all the way in? Even if…
On Thursday, we talked about how stupid money is. If you didn’t read it, or if you didn’t do your homework, click through and do that homework now. It will make this conversation a LOT more meaningful. You remember we talked about how most people don’t really want money. We want what money brings, enables,…
What if I told you that I had a magic spreadsheet? What’s magic about it? It is like a crystal ball for your business–you can use it to see the future! My spreadsheet can tell you: All of that from one spreadsheet?!?!? Sounds pretty neat, doesn’t it? It is! It is one of the most…
On Tuesday we explored what courage can mean to a business owner. Courage is knowing that there’s danger, feeling the fear, and then going ahead anyway. But, being courageous is different from being fearless. When I look back at my career and think about when I was afraid, but pressed on anyway, those situations mostly worked…
Walter Miller, who runs a terrific bookkeeping and outsourced CFO firm responded to my prior email about doing vs. being and I thought his reply was insightful enough to share with you all (with his permission): I am constantly having to pare down my to-do list. I’m trying to focus more on the to-do’s that move…
The turning of the year is, for many of us, a time of reflection. What happened in 2017? What was good? What was not so good? And what do we WANT to happen in 2018? It also just so happens to be the time when most business owners are planning and budgeting. It makes sense…