How do you find a great accountant? Lawyer?  Any kind of business specialist? Network till you drop. By Verne Harnish and Dave Baney 1. Ask the best people To find a great lawyer, accountant, or other adviser without sorting through dozens of names, get references from the five most successful businesspeople you know. That’s what…

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By David Carter Are you upset because margins are slipping impacting your company’s overall profitability? AND, at the same time you want to grow your business more rapidly and more profitably? Yes – margins are one of the most important Key Performance Indicators (KPIs) for your business. And irrespective of your industry’s average profitability, we…

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You might be an expert in your field or even the smartest person in the room—but that’s no guarantee of success! As a leader you need a set of skills that are compatible with the changing times and increasing obligations of your business. There is no crystal ball to help you predict what is going…

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Whenever I meet a prospective new client, I am curious about how they got into their business and how they make money at their business. I ask a lot of questions for my own knowledge but also as it turns out for their benefit as well.  We sometimes get so caught up in the day-to-day…

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There are many professions where having a coach is critical to the person or team’s performance and success…professional and amateur athletes and athletic teams, singers, musicians and actors.  More and more we are finding business leaders and their teams hiring a coach. Why do people hire a coach? To improve technique and performance To receive…

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As you prepare your next strategic plan, ponder these four key questions: ARE YOU PLAYING NOT TO LOSE OR ARE YOU PLAYING TO WIN? That’s the strategic question George Kohlrieser, one of the world’s top hostage negotiators and author of Hostage at the Table, posed to 500 CEOs and their executives in Malaysia a few…

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Behind every successful business or organization, you will likely find a great leader. Taking on the role of a leader means wearing many hats.  There are three critical components to being a successful leader.  Good leadership skills are not only gut feelings or high business acumen, it is also knowing how to find and use…

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With today’s speed of change, if you aren’t looking and moving forward, you are quickly falling behind. Even though 2020 is almost ¾ complete, now is a great time to be looking forward to 2021 and how you want to improve upon your 2020 goals and performance (so you don’t fall behind your competition). If…

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Building for exit (a.k.a. enterprise) value optimization is a great way to build a highly valuable business regardless of your interest in selling it or not someday. Here is a relatively comprehensive list of areas to address in priority order to optimize exit value and build a healthy and thriving company. Things that drive exit value: Reduce…

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In order to have an effective sales staff and successful sales numbers within your company, requires a very intentional and meticulous undertaking.  Your company needs a sales strategy that you and your salespeople can implement time and time again that will generate abundant business ventures. It is not easy to turn these plans into action…

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