Leadership Thought #281 – Risk Is an Inherent Part of Business
Being wise and responsible does not mean avoiding risk altogether. In fact, it requires embracing risk, the right risks at the right time with the required investment in resources.
Daily Leadership Thought #175 – You Can Cut Expenses Too Much
…if you prune a tree too much it will die. It also requires proper fertilization and conditions conducive to growth. The same thing outcome invariably happens to companies.
Daily Leadership Thought #59 – Get the Math Right
It’s amazing how many people can’t do basic math when it comes to their business or their lives. Revenues minus expenses equals profit. Profit only becomes cash once it is collected.