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
So, why is a business blog talking about a reverse mortgage?
When things are tough personally, it can affect your business. And, vice versa.
So, if things are getting financially tough with you or your parents, we want to inform you about the possible benefits of an often-overlooked financial product: A reverse mortgage.
Today, there are some great reverse mortgage products. When used properly, these products have a lot of benefits for homeowners and their families.
Before we show an example on ...
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This article is the next and last article in the series WDF – A Three Part Series. The First article is Write It Down. The next article is Do Or Delegate.
Throughout this series, I have been sharing from my experiences as a professional auditor for the Big 8 firm, Coopers & Lybrand (now PricewaterhouseCoopers).
If you recall, the last article had me doing ...
Continue Reading →Posted by: Ken Moll
As I reflect back on my personal experience in five different decades, my hope is to impart wisdom from a blazed trail.
If a “blazed trail” is not a familiar term, here’s some history: The term “Blazed trail” reflects back to the days of mountain men, trail guides, etc. These pioneers, when traversing large expanses of unfamiliar wilderness territory, would take their hatchet and “blaze” (e.g., mark) trees. This way, future passers-by could travel with confidence ...
Continue Reading →Posted by: Ken Moll
I have been blessed with a long and storied career in business. I have found business to be very challenging. And, thank God, I have also found it to be very rewarding.
But, I have also found it to be very lonely at the top. Here’s why: When you are the leader of the organization, sometimes it’s hard to find the right person to talk to.
Let’s say you are a Controller or CFO. An Executive Director. ...
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When it comes to making decisions, it’s important to realize that change is multi-dimensional.
In life and in business, we often come to a crossroad or a decision point. We try to weigh the pros and cons – and then, make the best decision possible. And it is here where we pause for caution, as not every decision has its desired consequence or outcome. Or, rather, the decision itself introduces some other unintended consequences. Change is multi-dimensional.
The ability to ...
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In life and in business, we often notice the symptoms before the causes. Symptoms are by-products. They are not causes. And though symptoms will make you miserable, they are not causational.
Fever is a sign of infection. Where is the infection? Smoke is a sign of fire. What is on fire? Those are the real questions.
In business, a lack of sales is a sign that something is amiss. The lack of sales is a symptom. The inability of an ...
Continue Reading →Posted by: Ken Moll
Only God knows. You never know when someone might offer you an unexpected sum to buy your business or organization.
Would you sell it? Would you keep it?
Many moons ago, I learned of someone who was offered an untold amount to buy his business. It was a large sum.
The offer would be passed up. And many years later, the M & A (mergers & acquisitions) market would not be friendly to the industry.
Should the person have sold when he ...
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The typical business consultant sells business tools. Like a hardware store sells hammers, business consultants sell business tools.
The challenge is that all too often, the consultant’s hammer is often heralded as the “cure all” for all business ailments.
Most people have the common sense to know that a hammer will not saw wood, drill holes, or router a decorative edge on a piece of wood. It is used for driving nails.
But when it comes to business, neither the business malady nor ...
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In one of our Membership articles, we provided our Member clients one of Blue Elevator™’s secret formulas for success in business. Whereas we won’t spill those beans here, we do want to provide you with another secret.
It is the secret of hard work. And that being: hard work is a limiting reagent.
I learned the concept of a limiting reagent from my high school chemistry teacher (i.e., thank you, Mrs. Connie Grosse). I will summarize it here. A limiting reagent ...
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