Coming Up With the Cash
One of the most common problems faced by many businesses today revolves around their ability to obtain financing they need. This challenge becomes even more pronounced when we are faced with a tight lending environment. This has been compounded by the Sub Prime Mortgage mess and its related financial issues! This certainly magnifies the importance of maintaining a solid banking relationship.
March 28, 2010/by amindaxerWhere Have All the Lenders Gone?
Wow! Wasn’t 2009 a real tragedy in terms of overall cash flow and bottom line results? It was absolutely pathetic for most producers. Since then dairymen have been enjoying the fruits of higher milk prices. How can we avoid revealing the same calamities again? What could you have done differently as a manager? These are critical items to spend some time on.
March 28, 2010/by amindaxerHow to Be a Change Leader
Previously, I talked about how to come up with ideas to improve your operation and implement positive change. “The Best way to manage change successfully is to create it.” Peter Drucker in his book, The Daily Drucker, discusses how to be a Change Leader! “One cannot manage change. One can only be ahead of it. In a period of upheavals, such as the one we are living in, change is the norm. To be sure, it is painful and risky, and above all it requires a great deal of very hard work.”
March 28, 2010/by amindaxerMarch 2010 Issue
Are you tracking your monthly cash flows? This probably sounds like a silly question, but there are some producers who, believe it or not, still don’t do this on a regular basis. The rationale behind this is questionable, but, for whatever reason, they just simply pay bills as best they can and move forward or, sometimes, backward.
Some possible reasons I believe people fail to do this include the following:
March 7, 2010/by amindaxerSome possible reasons I believe people fail to do this include the following:
Developing a Future Course for Your Business
You’ve probably heard about the Harvard Business School study regarding the value of having clearly defined goals and a written plan designed to achieve them. 3% of the study’s respondents had a “written, specific plan” for what they wanted to achieve.
February 11, 2010/by amindaxerDays of Handshake Are Gone
Let’s face it. The days of the “handshake equals dairy loan” are long gone! Actually, it’s been that way for 25 years.
February 10, 2010/by amindaxerFebruary 2010 Issue
January 31, 2010/by amindaxerBuilding a World Class Team! – Part A
At a Leadership Conference at Duke University, I heard a keynote address given by Duke’s head basketball coach Mike Krzyzewski entitled “Building a World Class Team.” His message centered around his experiences during 2005-2008 developing the USA Basketball Team that competed in the 2008 Summer Olympics in Beijing, China. He also outlined what he felt are the primary keys to positive leadership and sound teamwork.
January 28, 2010/by amindaxerContact Info
Success Strategies, Inc.
209.988.8960 Phone
209-343-3937. FAX
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