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“What is Your Profession?” In the movie 300 Ki…
“What is Your Profession?” In the movie 300 King Leonidas and his brave 300 meet some Athenians on the way to Thermopolye. The Athenians are shocked at “few soldiers” Leonidas brought with him. Leonidas asks several Athenians what thier professions are: They respond with a series of answers…..non of which is “Soldier”. Leonidas turns to […]
Drive the Damn Bus
I was at a meeting the other day with some colleagues and one of the seasoned veterans was telling a story of a buyer who was very qualified. The gentleman in question had all the degrees in the world and a resume of successive levels of responsibility that indicated he would be a great business […]
Plan To Sell
Most people have a will. Your business needs one too, in the form of an exit plan. Most business owners will not sell voluntarily. Why? Selling a business is not the best way to make money from it. Most small businesses sell for 1-3 times adjusted earnings (larger ones can sell for more). So, if […]
Why You Should Plan Your Exit Even IF Your Not Exiting?
Anyone who pushes you to exit your business before you choose to is clearly out of line. After all, if you’re the founder/creator/owner of the business, shouldn’t you also be the one who gets to say when you should leave? I think so. Over the years, I’ve learned that it is a big mistake to […]