Businesses that thrive have leaders who can see things before they happen. It is both a gift and a learned skillset that sets apart leaders who can evaluate the needs of the business, or the market, and move the company in that direction. Evaluating the future entails dealing with uncertainty. Leaders with this gift actually…
I observe business owners making decisions in their company differently than how they treat their investments in the stock market. My observations are proven to be fact when I ask these owners which is more risky, your stock investments or your business. More often than not, the answer they provide is that their stock investments…
Effective leadership is acknowledging the need for high performing employees to share the roles of implementation. Small businesses may be able to get by with no management team, but growth reveals weaknesses in leadership abilities and the obvious time limitation of a sole leader. The time to build a management team is when you notice…
Do you find yourself moving through life without having any specific destination? One attribute of successful people is that they make a purposeful pursuit of a goal. Rather than taking a passive path through life, they do things on purpose. Your ambition in life and your profession may be different, but one thing is sure…
Our experience is that there is usually a disconnect between management and employees over performance. Most of the time it is managements fault, because they fail to share their expectations with others – it’s like the coach never sharing the strategy or game plan with the players, but still expecting them to win. While more…
Some years you make money; some years you don’t – that’s the nature of agriculture, right? Not so, says Nate Riggan, certified public accountant and owner of Pointguard Financial. Riggan’s firm serves as outsourced chief financial officers for businesses. He says while there are challenges common to all businessmen, with the same set of challenges…
We often judge someone’s integrity by their outward behavior. We gain confidence when we work with others who are transparent, reliable, honest, and accountable because we rely on people for success more than we think we do. Quite often their true character is revealed as tough decisions have to be made and promises have to…
Growing businesses often run out of cash, regardless of reporting a profit for the same period. Have you ever found yourself in this predicament? The hard truth is that you can grow yourself right out of business by not understanding this concept. Growth takes capital, and knowing how much it will take is critical to…
Have you ever walked into an office or perhaps a store and felt like you were a burden on the worker who was helping you? Their answers were short, they were not fully present in your conversation, or they did not take the time to make sure your needs were met? They simply did their…