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Profit First Question and Answer

Recently, I was asked a very insightful question regarding Profit First and income allocation. I decided to share my answer with you. Q: “I had one question that I was hoping you could help clear up for me.  As the business is basically a retail store, a large...

Why We Spend More Than We Have

There are two main reasons why most entrepreneurs (and I used to) spend more than they should on things they really don’t need: 1. It’s human nature to spend what you have. Whether you’ve got $1,000 or $100,000, you will find a way to spend all of it unless you...

Cash in on Your Million Dollar Idea

So you came up with a brilliant idea. A million dollar idea! But right now, that’s all it is. So how do you turn that concept into cold hard cash? Write it down. How many light bulb moments do you have at 2am and then forget come 9am? Or you don’t want your idea to be...

Why Peer Pressure is the Answer

Remember when you were in grammar school and everyone warned you about the dangers of peer pressure? What would you say if I told you peer pressure was the solution? Because it is. If you want to get the most from your employees, they’re going to need accountability...