I’ve been coaching some new CPA firm owners about how to build a profitable professional services firm. And to jump to the punchline? The twin tricks … [Read more...] about Twin Problems of Unprofitable Customers and Services
Strategy
Mattis’ Management Principles Apply to Small Businesses
So, I just read James Mattis’ new book, "Call Sign Chaos." And the former Secretary of Defense's story prompts a couple of thoughts, one short and one … [Read more...] about Mattis’ Management Principles Apply to Small Businesses
Small Business Succession Planning Secrets
I spent last weekend in eastern Montana with a handful of third and fourth generation farmers and ranchers, relatives of my wife. Truly beautiful … [Read more...] about Small Business Succession Planning Secrets
In-N-Out Burger: Masterpiece Burger, Masterpiece Business
I really, really like In-N-Out Burger. In fact, my opinion? In-N-Out delivers the very best fast food burger available. This blog post isn’t a … [Read more...] about In-N-Out Burger: Masterpiece Burger, Masterpiece Business
Lifetime Earnings Top One Percent Surprise
I encountered some pretty interesting data recently. The lifetime earnings of the top one percent, top five percent and top ten percent. A surprise … [Read more...] about Lifetime Earnings Top One Percent Surprise
Has Your Small Business Stopped Growing?
Has your small business stopped growing? I might know why. And more importantly, if it turns out the textbook answer I give is right, the answer … [Read more...] about Has Your Small Business Stopped Growing?
Pricing Small Business Services Profitably
A weird coincidence: Over the last week, I’ve run into two friends (not clients) who told me they aren't pricing small business services … [Read more...] about Pricing Small Business Services Profitably
Reading Steven Pinker: A Guide for Entrepreneurs
This blog covers practical, how-to subjects relevant to small business owners. We talk here about how to handle accounting problems, deal with … [Read more...] about Reading Steven Pinker: A Guide for Entrepreneurs
Small Business Monte Carlo Simulation
Somebody asked me about building a small business Monte Carlo simulation worksheet. They’d seen the earlier blog post we’d done about stock market … [Read more...] about Small Business Monte Carlo Simulation
The Technology Entrepreneurship Intersection
Last week, this blog discussed one of the important small business insights from Bhu Srinivasan’s excellent book, Americana: A 400-year History of … [Read more...] about The Technology Entrepreneurship Intersection