Do you need a system?
It was the early 1990s, and I was working at a large corporation.
I don’t remember the exact details, but I remember the life lesson I took away.
And, here it is.
At the time, I worked under a man named Len Whyte. Len was the CFO and Vice President of this large corporation. And, by all accounts, an excellent leader and a great man.
I learned a lot of things from Len — one ...
Continue Reading →Posted by: Ken Moll
Stretching the trade was a phrase I heard many moons ago. And, before we dig in to the details, I’ll spill the beans.
Stretching the trade is a phrase used to describe extending Accounts Payable. That is, increasing Accounts Payable.
If you’ve been in business for awhile, then you have been accustomed to how things work, so to speak. Here are some general terms you may have come across.
Typically, when you begin purchasing from a vendor, they ...
Continue Reading →Posted by: Ken Moll
Birds of a feather flock together. Have you heard that saying?
There’s a certain phenomenon in life and business: Shiny objects attract attention. And, attention attracts attention.
I’m sure you can probably think of certain crazes or fads you’ve ...
Continue Reading →Posted by: Ken Moll
Innovate, Accelerate, Replicate ® are the three basic business building blocks. How’s that for alliteration?
And, it’s so fundamental, we even thought to trademark it.
You could be an entrepreneur starting a business. Or, you could be leading a Fortune 500 Company. Whatever the case, you will need to be mindful of this trio.
In fact, as you begin reading this article, I would invite you to take a look at this infographic.
The word innovate is somewhat self-defining. When ...
Continue Reading →Posted by: Ken Moll
I want to introduce you to my two friends – markup and margin.
What do you think when you hear the term markup? What about margin?
Are they one in the same? Or, are they different?
In this article, we’ll explore these two kissing cousins. And, we’ll reveal a big secret.
God willing, we’ll just hit this head on. Let’s say that you are the leading producer of Gizmos.
Posted by: Ken Moll
This is a tale of two rivers. Recently, I was spending time in a consultation with a few friends who are also consulting cohorts. Myself, Ryan, and Dan met to discuss the possibility of working together with a client.
And, providentially, we drifted onto the topic of fly fishing.
Dan was sharing with me his love of fly fishing. When Dan shared his experiences, I remembered a very strange business phenomenon.
So strange, that if you haven’t experienced it, ...
Continue Reading →Posted by: Ken Moll
Smile Praise Miracle. Or, rather: Smile, Praise, and Miracle. Some things make you smile. Others make you want to give a shout of praise. And others are flat-out miracles.
Goal setting. Should you set goals or not? And, if you do, how do you go about this?
And as far as that goes, it’s your call. Most people, if you ask them, would say it’s good to set goals. But, then there’s the next question: How many people actually set ...
Continue Reading →Posted by: Ken Moll
Mercy and Justice. Two extremes – like oil and water.
“Whoever believes in the Son has eternal life, but whoever rejects the Son will not see life, for God’s wrath remains on them.” – John 3:36
All of us like the idea of unconditional love and mercy. After all, who wouldn’t want a “do over” or a mulligan? To be sure, God offers that to us.
The other side of the coin is justice. We all want justice, too – usually ...
Continue Reading →Posted by: Ken Moll
Margin is important, but, alas, God first: Then, gross margin.
“Unless the Lord builds the house, the builders labor in vain.” – Psalm 127:1
If you are planning to start or grow your organization, it’s important to have first things first.
I have been blessed with decades of business experience. And, I have advised numerous individuals and organizations. And, given all of that, I’ve discovered the keys to success:
Saw teeth. This is what we call a certain trend line that many organizations experience.
There are numerous business challenges that plague leaders and their organizations. But suffice it to say, that is not what you are probably looking for. God willing, the aim for most is to continually scale.
At Blue Elevator™, we refer to scaling simply as repeatable growth.
In a perfect world, you start a business. And, depending on your target trajectory, you continue to grow each year. God ...
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