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John F. Dini CMBA, CExP, CBI
President, MPN Incorporated
I live with the ups, the downs, the peaks, the valleys, and the gratification and occasionally the sheer numbing terror of being a business owner; and I experience all of it, EVERY SINGLE DAY!
As a coach, facilitator and consultant to hundreds of entrepreneurs, the operator of a dozen peer groups and a business owner myself, I spend almost every waking moment discussing the challenges and rewards of owning a business. I eat, sleep and breathe business ownership. I don’t hunt. I don’t fish. I don’t even play golf. Business ownership is both my vocation and my recreation. I think owning a business is the most interesting thing anyone can do.
View John's full profile and don't forget to check out his baby boomer business owner exit planning seminar:
"BEATING THE BOOMER BUST"
A unique seminar combining the iconic moments of the 50’s, 60’s, 70’s and 80’s with a statistical look at the social, economic, and business impacts that Baby Boomers made on each decade. More info...
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Small business owners are the Hunters of the 21st century. We are 3% of the US population, and yet we create over half of all American jobs. As Hunters, we may not be inclined to manage by the numbers or stick to systems. If we were, we'd be working for someone else! If you lie awake at 2 AM because you are worried about your business, or just because you are excited about what you will be doing when the rest of the world wakes up, then this is the place for you!
Category Archives: Leadership
Getting Smart about SMART
It is approaching 2012, and (hopefully) most of us are finalizing our plans for the upcoming year. In our groups of The Alternative Board, we are asking each member to state their sales and revenue objectives. We all know that … Continue reading
Posted in Leadership, Strategy and Planning
Tagged business ownership, leadership, management
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When is a Bonus not a Bonus?
“And yet, you don’t think me ill-used, when I pay a day’s wages for no work.” That statement by Ebenezer Scrooge to Bob Cratchett in 1843 recognized the then relatively new custom of letting wage-earners have a day off for … Continue reading
Posted in Incentives, Leadership, Managing Employees
Tagged business ownership, employee performance, employees
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Three Circles of Family Business
What is a “Family Business?” A large percentage of small companies have some family involved. For most, it is simple a case of providing employment to family members. If the founder of the company is also the principle revenue generator, … Continue reading
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You Don’t Know What You Don’t Know
This past week I’ve been interviewing prospective participants for our new “Noise Reduction System®” training which was created by Larry Linne. It focuses on teaching Second-In-Command (SIC) managers (anyone who answers directly to the owner, the First-In-Command or FIC) how to … Continue reading
Posted in Leadership, Managing Employees
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One Response to You Don’t Know What You Don’t Know
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Julie Herrington says:
John,
I very much enjoy the information you share. These articles are excellent and I pass them along to others. I miss being in the presence of your great drive and insight. You have an amazing gift for speaking the truth and providing direction even when the truth is hard for us as individuals to recognize about ourselves.
Thanks again,
Julie
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Never, never, never, never give up.
I kind of see everything as connected. Last week we hosted Larry Linne, author of “Make the Noise Go Away,” a book about the roles of first-in-commands and second-in-commands. I will be writing about a couple of things Larry said in his … Continue reading
Posted in Entrepreneurship, Leadership, Managing Employees
Tagged business ownership, entrepreneurship, leadership, management
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Ouch, I am living this situation. Vision and leadership is the challenging issue. There is not one right way to run company. I learned from you that each business reflects business owner’s personal values and style. Great article and if others respond too, hopefully you will share more on this topic and transitioning family business.
Additional Information,
Actually the most stable relationship system is a three party system where the third party acts as a calming, reasonable voice that facilitates constructive communication and decision making. In family business succession work we have long advocated a three system view: Family, Business and Board. In the latter we work toward a balance of participants between family representatives and respected, independent outsiders with experience and expertise relevant to the current and future work of the business. We typically do not recommend professionals – lawyers, accountants, consultants… who are aligned and indebted financially to the business. The challenge is to start this process long before succession – through family education and involvement of key family members in learning about and appreciating the complexities of running and growing a successful family business. The earlier the better…
Bill Seelig,
bill@seeligs.com
Bill Seelig