Tag Archives: business ownership

The Peter Principle Goes All the Way Down

Every small business, if it is to be successful, needs a competent Second In Command (SIC). In many companies that position is held by dint of tenure or loyalty as opposed to pure ability. When we see a key employee … Continue reading

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Recessions, Recoveries Bring Out the Sharks

This article appeared in the San Antonio Business Journal on Friday, March 4th A number of our business owner clients have been calling lately to ask about an offer that seems too good to be true. The owner gets a … Continue reading

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Does the Economy Affect Your Business?

I love this quote from Paul Krugman in a breakfast speech a few weeks ago. “The Financial Industry rolled along extending credit to everyone, until they had their Wiley Coyote moment. You know how that works. Wiley Coyote runs off … Continue reading

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Employee Incentives that Work

After four blogs on the long term motivations for running a business, perhaps it is time to return to some more practical advice. One of the most persistent issues for a business owner is trying to motivate employees with incentives. You install … Continue reading

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Lifestyle or Legacy – Part 4

Last week a client told me “You are wrong. I have a lifestyle business that is ALSO a legacy business.” Sorry, but that doesn’t fly. He has built a good company, and continues to improve it. Be he is not driving … Continue reading

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