Banker Tim liked business owner Jason. He felt strongly that with his drive and ambition Jason would be very successful. Unfortunately, in today’s highly regulated Dodd-Frank environment, feelings do not cover the auditor regulations. Tim knew he was in the money rental business. Playing by the rules assured job security. Jason was drawn to be an …
Running a Business
Collaborating: A Guide
Sprinkled throughout American Fathers are examples of collaboration. In the back third of the book this SIFT Coalition collaboration is given a name. SIFT stands for Securing Individualism and Freedom Together. The goal is to create an environment where cooperation and free flowing exchange of ideas is encouraged. Tools of the SIFT Coalition we have …
Talent Makes the Difference
Today, in the Houston area, hiring and retention are very high on the list of business owners’ concerns. I recently attended a breakfast for business owners. They polled us for our #1 concern. Hiring & Retention tied for #1, way ahead of the second most concern from our multiple choice list. Why? We have one of the tightest labor markets I …
When Is The Best Time To Plan Your Exit?
When is the best time to plan your exit from your company? Now. Most people start their companies either with a great idea for a new product or because they feel they can improve an existing idea by delivering better quality, better service, or by doing it faster. Usually I find that owners come from a sales or a manufacturing background—rarely from the …
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