Why the 9-80 Schedule Doesn't Work for Entrepreneurs

What is the 9-80 Schedule?

Why Accountants Make Horrible Business Leaders

Peter Drucker wrote: “Leadership is something that must be learned.” So when I say accountants make horrible business leaders, please know that it is primarily their choice--they could be great business leaders if they wanted to put in the work and discipline themselves to develop the key leadership skills. There are basically five areas of learned leadership that I’m going to discuss, each of them critical to being a great business leader.

Top Eleven 2011 Trends for Entrepreneurs

As we launch into the new year, here are the top 11 trends that entrepreneurs need to be aware of, think about, and for which we should all prepare:

Most Popular Blog Posts of 2010

2010 has been a very good blogging year for CFOwise®. In the spirit of planning for a great 2011, here are the eleven most popular blog posts from the year 2010:

Entrepreneurs Must Separate Ownership and Employment

Most business owners and entrepreneurs co-mingle their ownership of and employment at their businesses. But they are really separate things. And the more they can understand this concept, the more effective they usually are at running their business.

Paralysis by Analysis

I get to work with numbers and analyze a lot of businesses, business models, and opportunities based on their financial impact. My experiences have taught me that you can quantify just about anything.

The Jerk Employee

There seems to always be one employee that no one in the company can stand. They are usually rude and often condescending toward others and they seem to create problems and conflict with everything they do. But the entrepreneur keeps them around for some reason, regardless of how bad the complaints from the other employees get.

The Entrepreneurial Attribute No One talks about but Every One needs

An entrepreneur started his company over 20 years ago.  He had built it up to several locations with a strong, recognizable brand.  I won’t go into all the details of why his business failed, but what amazed me the most was how, on the brink of financial and professional ruin, he was figuring out what his next business was going to be.  The word I use to describe this attribute, which I find among so many business owners and entrepreneurs, is resilience.

From the moment you decide to start a business you are signing up for adversity, problems, and challenges.  Many will tell you your idea i

Feedback is a Gift

About 4 years ago I was approached by a man who wanted to give me some feedback - and none of it was positive. 

Servant Leadership - Graduation Speech

On a recent stroll down memory lane, I came across the following speech I gave at the graduation ceremony for my MBA class from the University of Georgia.  The speech was delivered on May 9th, 2003, and here is it for your enjoyment, just as I gave it 7 years ago:

Why the Economy will Rebound Faster than Employment

I have seen it happen over and over again.  Entrepreneurs and business owners hire people and then they grow to like them.  They build a culture of family and they genuinely feel a sense of pride in and responsibility for providing employment and security for so many families.

Then, when times get t

4 Signs Your Business Partnership will Fail

Business partnerships are one of the most unique and trying relationships we will ever enter.  Some work, but most fail.  I did a quick test.  I searched Google for "business partner problems" and found about 169 million results.  Compared to only 143 million results for what I assumed would be the more common term of "business partner," I think it is clear that many struggl

Top Ten 2010 Trends for Entrepreneurs

With 2009 coming to a close, we look ahead to what we can expect and should plan for in 2010.  Here is my list of the top ten trends founders, CEOs, and entrepreneurs of start-up, emerging, and medium-sized businesses should consider as they prepare for the new year.

 

bizz tredns1.     The recession will not end, regardless what anyone says - There are just too many issues that still need resolution

The Problem is...

As I sat trying to explain the deal points of a transaction for one of my clients to a business attorney, I was amazed at how he began every sentence with: “The problem is…”  He spent my entire time with him explaining all the problems with the deal, so I invited him to share some solutions.  He offered none.

Grow with People or Technology - an Entrepreneur's Dilemma

Two different companies, each in a different industry, face the same dilemma.  Growth and success have created significant pressure on their business, specifically their people and their technology.  In order to solve the short-term constraints as well as build the most scalable solution for the long-term, how much investment should be made into new technology and how much should be made in people, or human assets?  

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