Have you ever been in an ugly financial situation, possibly one that looks like there is no way out? I’ve been there many times with new Clients that were close to giving up. In fact, it’s often where our new Clients come from, a point of desperation.
Rather than being forced to explain a financial shortfall to your banker, wouldn’t it be better to catch it sooner and correct it before it becomes a real issue? I see this as one of the largest benefits of regular Cash Flow Analysis.
When you are out to win, you have to play all four quarters. Success does not allow for “letting up” at any point!
I have often stated that if you measure something, you can understand it. If you understand it, you can control it, and of course, if you have the ability to control something, you can then improve it!
“As an individual entrepreneur, what are your personal resources that can quickly be taken to a higher level of productivity?”
Do you ever wonder when your next “Win” will be coming your way? I know I often asked that question earlier in my career. It has been said that we normally find what we are looking for in life, so allow me to provide you with a better approach.
Each of these individuals had been fired at some point in their careers, but they also were able to “bounce back” and take their leadership roles to new levels. While I’m fairly certain that none of them had immediate financial concerns, I think it’s important that we zero in on what else they had in common with us, in the event that the same thing ever happened to us.
I’m sure you are familiar with the S-Curve concept that describes the development of a product, or for that matter, just about anything. You know – first the product is introduced, it develops slowly, and then suddenly (if it has merit) it takes off in an upward trajectory until it is eventually replaced with a better product & it fades into obscurity.
I thought it might be appropriate to offer the following summary of how I would make everything work if, as Dr. Seuss stated, “I Ran the Circus!”
Regardless of your industry, I’d pull for the following outcomes…
Let’s take a look at what “Creative Destruction” looks like in real life. During a recent Client meeting, they described a situation where an employee had developed a real “attitude.”
