5 Reasons HR Directors Should Include Financial Planning in Benefits Packages

“Truth is confirmed by inspection and delay; falsehood by haste and uncertainty.” –Tacitus If you’re in human resources, you have two primary jobs: Find and acquire the best talent possible for what you can spend, and Retain the best-performing talent for what you can spend. It was one of the challenges that I faced in […]

The Mental Challenge of Keeping a Manager Who Has Failed Fast

“If at first you don’t succeed, destroy all evidence that you have tried.” –Steven Wright Most entrepreneurs love to embrace new buzzwordy business styles. Six sigma. Lean. Lean six sigma. Agile. Flat organizations. No titles. Lean six sigma flat org charts with no titles. Fail fast. I’ve dealt with all of these types of organizations […]

Do Financial Planners Know How to Value Your Company?

“Amidst all the hype and hoopla around this business, I wanted to emphasize the challenge—it is seductive but the failure rate is very high. And those who fail have no good place to go.” ― Mahendra Ramsinghani I’ve been fortunate enough to have a company where I eventually saw three different offers for either the […]

Value Creation Versus Value Capture

“Value is more expensive than price.” –Toba Beta “The price of anything is the amount of life you exchange for it.” –Henry David Thoreau As entrepreneurs, we will not succeed unless we create value for those whom we serve. It’s a simple exchange. Customers exchange money, and in return, we provide value. As entrepreneurs, we […]

Don’t Value Your Work. Value Your Work Product.

“Work expands so as to fill the time available for its completion.” –C. Northcote Parkinson “Managers in all too many American companies do not achieve the desired results because nobody makes them do it.” –Harold S. Geneen When entrepreneurs gather around the watering hole, one common refrain usually emerges. This is hard work. It’s usually […]

Heed These Warning Signs of Entrepreneurial Failure BEFORE You Start

“I never make stupid mistakes. Only very, very clever ones.” –John Peel We all like to think that we’re special and different from everyone else. I’m uniquely unique, darn it! I’m a left-hander, a type B person who was in the military, and I’m a serial entrepreneur. I also had a history of entrepreneurial false […]