Posts Tagged ‘entrepreneur’

Unethical Financial Practices

Are you a business owner, manager, any employee whose business financial practices are unethical? You may hate that question or find it insulting, but here are some things to think about. In the posting Is That Really the Truth? I touched on why truth matters so much. Now let’s look a little more at that.

Some Financial Background

I was prompted to write this article by my conversations with other people who were dealing with clients wanting to use questionable practices. The details are not what matters here. What does matter is Read the rest of this entry »

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Turning Business Challenges into Strengths

One of my favorite quotes is, “If you’re going through hell, keep going.” – Winston Churchill. In other words, why would you want to stay where you are? After all, once you’ve survived the struggle, you often find yourself better off than before. “People grow through experience if they meet life honestly and courageously. This is how character is built.” – Eleanor Roosevelt

Business challenges do not have to be viewed as something bad. Of course, that does not mean you have to like them either. But they can be a good thing.

Learn from Your Mistakes

Undoubtedly many challenges are the result of Read the rest of this entry »

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Misconceptions about Small Business

There are a lot of misconceptions about small business. Here are a few of the key ones.

It’s Not as Hard as Big Business

You may have had the experience of asking someone what they do for a living and gotten the response, “I have my own company.” Perhaps your reaction, often unspoken, is, “Wow, it must be nice to not have to wonder where your next paycheck is coming from.” That’s a common Read the rest of this entry »

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Entrepreneurs Change Things to Improve

There is something that true entrepreneurs do that is a hallmark of being an entrepreneur. Entrepreneurs change things to improve.

A Reality Check

There are three lines you have probably heard, “If it’s not broke, don’t fix it”, “If it’s not broke, it will be” and “If it’s not broke, break it.”

Most people are tempted to abide by the first statement. This is probably because Read the rest of this entry »

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Does a Part-time CFO Makes Sense?

First let me make a disclaimer, I am a Part-time CFO so I have a business interest in this idea. Regardless, that really has nothing to do with whether it might be right for your business.

Some Initial Acknowledgements

As a Part-time CFO I’ll be the first to acknowledge that employees are necessary for most businesses. In fact, in my role as a Part-time CFO or Controller I rely heavily on a company’s employees, while at the same time helping them to become more effective and efficient. With that said, let’s take a look at why you may be better off with a Part-time CFO.

Mindset

You may be thinking I’m referring to the mindset of the Read the rest of this entry »

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Business Plan Framework

My last posting, The Flexible Business Plan, discussed the benefits of having a simple business plan that easily modified rather than a complex and detailed plan. Let’s now take a look at a way to do this.

A Little Anatomy

As you certainly know, a doctor doesn’t just study the outside of a human body. They need to know what is inside, including the skeletal framework on which everything hangs. Artists do the same thing when they study anatomy to understand how the skeletal structure impacts appearance of the rest of the body. With that understanding the artist is able to more accurately depict the human form.

A business plan has a skeleton as well that I refer to as Read the rest of this entry »

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Serial Entrepreneur

Have you ever stopped to consider what really makes someone a serial entrepreneur? An entrepreneur is typically thought of as someone who develops an idea and takes it to market. It is easy to forget that is not the end of the road. To be successful they also must set and communicate their vision for the company and most likely be heavily involved in the day-to-day in the early phases and perhaps longer. That would lead us to believe a serial entrepreneur is someone Read the rest of this entry »

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