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
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
This isn’t an article about why you should be setting goals. But, rather how to set goals.
As the saying goes, “A dream or a goal without a plan is only a wish.”
Here are some typical goals for a business or organization:
Posted by: Ken Moll
You’ve probably heard someone mention the golden rule. Do you know it?
“So in everything, do to others what you would have them do to you, for this sums up the Law and the Prophets.” – Matthew 7:12
It’s as simple as that. But, as we say, simple isn’t always necessarily easy.
So, how do we apply this simple, yet powerful rule in our everyday lives?
At Blue Elevator™, we would call “The Golden Rule” a Principle. And, ...
Continue Reading →Posted by: Ken Moll
Triple B was not the original title. I would have preferred to call this article the Three Bs. But, URLs don’t like apostrophes. And, calling it BBB would be infringing on the Better Business Bureau’s branding.
Nevertheless, big or small, every business needs to be about the Triple Bs. And, as we indicated in the title, probably more like four Bs.
Most vehicles will have the following instrument gauges on the dash board:
Posted by: Ken Moll
I remember when I first heard the term ‘jungle fighting.’ It was many years ago.
During my career, I served in various organizations as the Controller and/or Chief Financial Officer, as well as General Manager.
And, I would say for providential purposes, I was called to serve during some very challenging times. Both, in terms of a company’s development and the overall economy.
I was having lunch one day with the partner of a CPA firm. I was ...
Continue Reading →Posted by: Ken Moll
“I tell you, use worldly wealth to gain friends for yourselves, so that when it is gone, you will be welcomed into eternal dwellings.” – Luke 16:9
An asset is something of value. Some assets have tangible worth (e.g., a fine piece of gold). Other assets produce income (e.g., an annuity).
In business, one of your greatest assets is your network. And because your network is an asset, the temptation is to treat it (e.g., monetize) just like ...
Continue Reading →Posted by: Ken Moll
We’re ready to begin revealing secrets. Perhaps you have been following along in this article series.