Posted by: Ken Moll
If I hit the rewind button, I am back in Little League (actually, Pony League). And no, not my Little League years, but my son’s. My son loved baseball. Everything about it. And in baseball, you get to bat. And when you bat, you get to hit home runs – if you’re lucky.
Or is it? Luck, that is.
Hitting home runs isn’t so much about strength as it is about technique. That is, proper hitting mechanics will trump brute ...
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Starting and growing a business is a lot like taking a long journey on foot. There are many parallels:
A ...
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This article is dedicated to all present and future clients of Blue Elevator™. Business is a tough sport. And sparingly, there are few courageous enough to embark on the ongoing process of rigorous business advisory. You have taken the road less traveled by. This article is dedicated to you.
There is a problem with self reflection. The very exercise itself is almost guaranteed to reveal an opportunity to improve.
Reflecting back on the past several years, ...
Continue Reading →Posted by: Ken Moll
When you mention your competition, you advertise for them. The more you message your competition, the more “top of mind” they become.
So, pardon the direct advisory, but stop talking about your competition!
It kind of makes sense when you think about it. Business owners, organizations, etc. tend to talk about their competition in an attempt to differentiate themselves. At face value, this makes sense. The trouble is, they don’t do it from a position ...
Continue Reading →Posted by: Ken Moll
One of my first real jobs was serving as a product merchandiser for Knudsen Dairies here in Southern California. This would be a summer job after graduating from high school before starting my freshman year as a business student at Cal State University, Fullerton.
And, since my duties would involve daily driving to any number of grocery stores, I would need a reliable vehicle to get from place to place. And, since my high school whip was a ...
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We met Padraic and Sandy back in May 2014. They had a start up company.
With experience in hospitality and a heart for serving others, they had launched Catering on Time.
They were open for business and ready to serve.
Let’s face it: getting started in business is tough.
I read a quote where Bloomberg reported that 8 out of 10 entrepreneurs who start businesses fail within the first 18 months.
When starting out in business, it’s often helpful ...
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A short title, yes. But, it’s a short title with big implications.
SALY is not the name of your sister, mother, wife, or girlfriend. After all, it’s not even spelled correctly.
SALY is simple: It stands for Same As Last Year.
SALY is a term I came across ages ago when I was discharging my duties as a CPA. I was privileged to work with a firm called Coopers & Lybrand – a Big Eight firm. Back ...
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Black Friday. My earliest memory of this term was when I was a student in the school of business at Cal State University, Fullerton. It was sometime in the 1980s.
I really had no idea as to the meaning of the term. I was young (e.g., hadn’t been around that long) and I was a young man (e.g., typically not the demographic of a serious retail shopper).
Accordingly, I could only hazard a guess as to the ...
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Debra’s business had grown over the years. Everyone and every business reaches a point of diminishing returns. In business, increased activity can become a plateau. This same plateau often results in an eventual decline.
With a burgeoning tax practice, Debra (the Founder of RD Tax Service) was maxed out. You see, when you provide great service, it is natural for people to refer to you. Clients would refer additional clients. Those clients would ...
Continue Reading →Posted by: Ken Moll
Owner-itis has afflicted many entrepreneurs in their time. It strikes young and old alike and can occur at anytime. It can also affect both rookies and business veterans. The malady is rarely solved without the help of a skilled and trusted business advisor. The reason? Whereas its symptoms are easy to diagnose, it is rarely associated with the systemic problem that causes it.
It is true that many who have the disease don’t really know that they have it. However, once ...
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