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Becoming wealthy may not be your primary goal, but if it is, there is a reasonably predictable way to get rich in America. Step 1: Ignore Your Parents Parents around the world typically encourage their kids to get educated so they can get a ‘good job.’ This may mean becoming a doctor or lawyer, although […]

Survey of a group of founders about the personality traits that made them successful, and they will be quick to use words like determination, sacrifice, and hard work. Others will show more humility and chalk their success up to personality traits like curiosity. Still, others will credit dumb luck. However, there is another personality trait […]

Driving requires quick glances in the rearview mirror but then a refocus on the destination.  This time of the year is the perfect opportunity to take a look back at the past, for Gratitude & Lessons Learned.  This holiday season, my family and I watched old home movies and laughed at the silly things we […]

If I walked into your business today and offered you $2 million to buy you out, what would you say? Would that be a good deal or not? I can tell you that many business owners cannot confidently answer this question. If you don’t know the value of your business, for sure someone else will […]

Worth and value are usually used interchangeably, however, they are actually quite different. Worth denotes the monetary cost or sale price of an item, while value goes beyond that. Value encompasses intangibles such as time and emotions. When you work for someone you are selling them 40 hours or more of your life every week. […]

Many people mix up re-occurring and recurring revenue, but one is much more valuable than the other. Re-occurring Revenue Re-occurring revenue comes from customers that have a re-occurring need for whatever you sell and buy from you on an unpredictable yet regular basis. Imagine a health food store. Customers come in to replenish their supply […]

In an analysis of more than 14,000 businesses, a new study finds the most valuable companies take a contrarian approach to the boss doing the selling or being the face of the company. Who does the selling in your business? My guess is that when you’re personally involved in doing the selling and serving, your […]

Did you know that over 40 per cent of US-based businesses are owned by women? It sounded like exciting news to me, until I realized that 90% of these businesses are single-person entities, which means that they employ no one else apart from the owner. So What’s Wrong with that? • The owner is too […]

Trending news has it that General Motors will stop the production of gas and diesel consuming cars and SUVs by 2035. That is a major shift and it’s coming in less than 14 years. What do you do with this knowledge? What emotions and/or actions dies this news evoke in you? Here are a few […]

Yesterday we had a national holiday in honor of Dr. Martin Luther King Jr. Dr. King inspired us to rise up against injustice 60 years ago and he’s still inspiring hope for generations born decades later. But his popular speeches do not only cover racial injustice, but also many other areas of life, including personal […]