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Don’t produce a budget. Map out a Profit Plan. (Part II)

The blog below is a repeat, as were the previous two postings (September 4, 2019 and September 18, 2019). Combined, the three postings offer a template for developing a 2020 Plan. We are re-publishing these now because developing an Annual Plan is a critically important activity for any small business to undertake, and now is

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Don’t produce a budget. Map out a Profit Plan. (Part 1)

The blog below is a repeat, as was the previous posting (September 4, 2019), and as will be the next posting (October 2, 2019).  Combined, the three postings offer a template for developing a 2020  Plan.  We are re-publishing these now because developing an Annual Plan is a critically important activity for any small business

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“The nicest thing about not planning is that failure always comes as a complete surprise and is not preceded by a period of worry and desperation.”

The blog below is a repeat.  It was first published two years ago, along with two companion pieces that will also be re-published in the two postings following this one.  Combined, the three postings offer a template for developing a 2020  Plan.  We are re-publishing these now because developing an Annual Plan is a critically

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“If you procrastinate when faced with a big difficult problem . . . break the problem into parts, and handle one part at a time.”

Dan Sullivan is the founder of The Strategic Coach, Inc. and the creator of The Strategic Coach Program . . . a program that helps already successful entrepreneurs become even more successful.  He is also the author of more than 30 publications including one entitled “WhoNotHow.”  In this particular publication, he teaches that procrastination is

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“Ideas are cheap. Ideas are easy. Ideas are common. Everybody has ideas. Ideas are highly, highly overvalued. Execution is all that matters.”

We were recently at a meeting where several of the people there started talking about a book they had read, “The 4 Disciplines of Execution” written by three top executives of the FranklinCovey Company . . . Chris McChesney, Jim Huling, and Sean Covey (son of Stephen Covey, who was a founder of the FranklinCovey

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Don’t produce a budget. Map out a Profit Plan. (Part Two)

The blog below is a repeat, as were the previous two postings (October 17, 2018 and November 7, 2018). Combined, the three postings offer a template for developing a 2019 Plan. We are re-publishing these now because developing an Annual Plan is a critically important activity for any small business to undertake, and now is

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Don’t produce a budget.  Map out a Profit Plan. (Part 1)

The blog below is a repeat, as was the previous posting (October 17, 2018), and as will be the next posting (November 21, 2018).  Combined, the three postings offer a template for developing a 2019  Plan.  We are re-publishing these now because developing an Annual Plan is a critically important activity for any small business

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“The nicest thing about not planning is that failure always comes as a complete surprise and is not preceded by a period of worry and desperation.”

The blog below is a repeat.  It was first published a year ago, along with two companion pieces that will also be re-published in the two postings following this one.  Combined, the three postings offer a template for developing a 2019  Plan.  We are re-publishing these now because developing an Annual Plan is a critically

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“Compensation is an equity issue. People want to know that they are being compensated fairly . . . “

The Overture Group is an executive search firm with an additional specialty in compensation consulting.  We recently heard a presentation by Bob Lindeman and Mark Reilly, both managing directors of that firm.  They reminded us that compensation is (or should be) a strategic issue, not a simple, tactical, what-are-we-gonna-pay-this-person issue.  And our strategy should consider

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“I found success becomes a catalyst for failure because it leads to what Jim Collins called the ‘undisciplined pursuit of more.’ “

Greg McKeown is a leadership and business consultant, public speaker, and author.  His most recent book is, “Essentialism: The Disciplined Pursuit of Less.”  In that book, he puts forward his very unusual belief that success in business can be its own worst enemy.  In his view, success doesn’t necessarily beget more success.  In fact, an initial success

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