Posts Tagged 'business advisory'

HomeTag: business advisory

A Tale of Two Rivers

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A Tale of Two Rivers

A Tale of Two Rivers

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, ...

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29
MAY
0

Categories: Blog, Business Advisory, Business Growth, Management, Pricing, Problem solving

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Smile Praise Miracle

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Smile Praise Miracle

Smile Praise Miracle

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 ...

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29
MAY
0

Categories: Blog, Business Advisory, Business Process, Leadership, Management

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God First: Then, Gross Margin

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God First: Then, Gross Margin

God First: Then, Gross Margin

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:

  1. God first.
  2. Have adequate margin ...
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27
APR
0

Categories: Accelerate, Blog, Business Advisory, Innovate

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Saw Teeth

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Saw Teeth

Saw Teeth

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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23
APR
0

Categories: Accelerate, Blog, Business Advisory, Innovate

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The Law of the Limiting Reagent

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The Law of the Limiting Reagent

The Law of the Limiting Reagent

Have you heard of the Law of the Limiting Reagent?

Well, if you are a Member of the Blue Elevator™ Group, I hope you have.  Or, maybe you learned this concept as a chemistry student.  And, for sure if you were blessed to receive instruction from chemistry teacher Mrs. Connie Grosse at El Dorado High School in Placentia, California.

And, that’s where I first heard it.  In 1983.  For me, chemistry wasn’t the easiest of courses.  But, ...

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14
APR
0

Categories: Blog, Business Growth, Business Process, Business Startups, Innovate

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Setting Goals

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Setting Goals

Setting Goals

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.”

Typical Goals

Here are some typical goals for a business or organization:

  • Start a business, and grow it until it reaches $100 million in revenue in 5 years.
  • Become the industry’s leading provider of X.
  • Achieve EBITDA equal to 20% of gross.
  • Do an IPO sometime in the next 3 years.
  • Make enough money ...
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17
MAR
0

Categories: Blog, Business Cycle, Business Growth, Leadership, Management

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Two Five Two

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Two Five Two

Two Five Two

Accounting is as simple as two five two.

Back Story

I graduated from the California State University at Fullerton with an Accounting degree in May of 1987.  And, if that wasn’t a miracle enough, I thank God I was blessed to graduate with highest honors and was named ‘Most Outstanding Accounting Student.’  Concurrent with my last semester, I was also blessed to pass all four parts of the CPA exam.

From there, I began my career as an auditor at the ...

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17
MAR
0

Categories: Accounting, Blog

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Sales Funnels

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Sales Funnels

Sales Funnels

It’s 2018, and you’ve probably been hearing a lot about sales funnels over the past several years.  That is, unless you’ve sworn off social media.  Well, sales funnels are all the rage now.

And, you better get yours.  Otherwise, you and your organization might be like some of the few people who didn’t own a “pet rock” in the 70s.

Sales Funnel Lingo

Clicks.  Traffic.  Split-testing.  Continuity.  Front end.  Back end.  Demographics.  Landing pages.  List building.  Auto-responders.  Segmenting.  Ad copy.  Etc.  If ...

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12
MAR
0

Categories: Blog, Leadership, Marketing

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The Golden Rule

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The Golden Rule

The Golden Rule

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, ...

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8
MAR
0

Categories: Blog, Leadership, Management, Management Action Items, Problem solving

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Stopping And Starting

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Stopping And Starting

Stopping And Starting

When it comes to stopping and starting, there is a tandem takeaway.  But before we get there, let’s start here:

  • Don’t strike out!
  • Please don’t miss the free-throw!
  • Don’t fumble the football!

Think about these things for a minute.  Pretty high-pressure situations, right?

All of these are things you want to avoid if you’re an athlete.

How About This Scenario?

It’s game seven of the World Series.  Ninth inning.  Game tied.  Bases loaded.  Two outs.  Full count.

You call a time-out to reflect on your coach’s ...

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29
DEC
0

Categories: Blog, Business Consulting, Business Development, Business Growth

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