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  • The “Screech Method” for Resolving Partner Conflicts The “Screech Method” for Resolving Partner Conflicts

    The “Screech Method” for Resolving Partner Conflicts

The “Screech Method” for Resolving Partner Conflicts

Childhood friends Adam Lowry and Eric Ryan co-founded and built Method natural cleaning supplies into a $100 million brand.  And, like many family and other partnerships, the path toward success was not always smooth. How the two navigated past conflict is a Lesson Found.

Featured on How I Built This with Guy Raz, the friends/partners discussed their path to success and described, as I refer to it, the “Screech Method” of conflict avoidance. (more…)

  • Does running your business feel like running a marathon? Does running your business feel like running a marathon?

    Does running your business feel like running a marathon?

Does running your business feel like running a marathon?

Running a business and running a marathon have much in common including both the owner and the runner are in it for the duration.  Thus, Des Linden’s “training regimen” leading up to winning the 2018 Boston Marathon offers a Lesson Found for owners.

After ten years of running in Olympic and other major marathons, Linden finished 4th in the 2017 Boston Marathon.  Desiring to finally break through to the winning spot, Linden cut short her normal break and quickly returned to training with even greater intensity than before.  The result (more…)

  • What lessons does Brexit offer companies on contingency planning? What lessons does Brexit offer companies on contingency planning?

    What lessons does Brexit offer companies on contingency planning?

What lessons does Brexit offer companies on contingency planning?

By now, we’re all tired of hearing about Brexit.  But if you look beyond the political antics, Brexit offers valuable Lessons Found on contingency planning for businesses.  Here are a few examples. (more…)

  • What do Exit Planning & the iPod Touch have in common? What do Exit Planning & the iPod Touch have in common?

    What do Exit Planning & the iPod Touch have in common?

What do Exit Planning & the iPod Touch have in common?

Whether you’re an Apple fan or detractor, all can agree the iPod and iPhone technology are extraordinary successes. The stories of how Steve Jobs and Apple accomplished this are legendary.  Organizational guru Simon Sinek summarizes it in one word: “Perspective”.  When planning exit strategies, business owners should embrace Apple’s perspective to maximize their company’s valuation and sustain their legacy.
(more…)

Business Bankers: Getting to the heart of your client’s business

Your annual client meetings are preceded by analysis of their financials and ensuring covenants of loan agreements are still within bounds.  Next you spend time with the clients to ensure their business is on track. But how much time do you put into digging deeper into the long-term general welfare of the client and their business?  Is this even your responsibility since the bank’s investment is protected with collateral and insurance policies?

The answer to the question depends on your bank’s marketing strategy.  If your marketing is (more…)

Financial Advisors: Have you discussed your client’s largest asset?

You carefully analyze your client’s needs to create an appropriately balanced portfolio for them.  You then diligently manage the portfolio by continuously monitoring corporate earnings, the markets and the economy.  But for most business owners, their largest single asset is outside your control. That asset is their company.

What is your responsibility for maximizing the value of your client’s company? After all, that is (more…)

Attorneys: You counsel business clients to take action. Are they following your advice?

Have you ever had the situation where you provided a business client exactly the advice needed but wondered if they could successfully implement the business end? Or, maybe you knew implementation would happen but speculated if that implementation would go smoothly and/or maximize the business’ potential?   The question then becomes how much ongoing operational advice and oversight are you able to provide?   Outside of actually conducting onsite and ongoing detailed reviews of their operations, how do you best help your clients? (more…)

Management Lessons from Coach Steve Kerr

For the fourth year in row, the NBA finals is a match-up between the Golden State Warriors and the Cleveland Cavaliers.  If the Cavs win, it will primarily be due to the super-human strength and talent of LeBron James.  However, a Warriors win would further validate the management talents of Coach Steve Kerr.

A recent article in the New York Times focused on how Coach Kerr and the Warriors spend halftime. Looking at these 15 minute routines you begin to see how Kerr’s management style leads to success. (more…)

What’s your passion?

I recently met a plumber who told me a story I’ve heard many times before.  This plumber started his company because he had a skill he enjoyed, enjoyed using that skill to help others and desired the autonomy of “being his own boss.” Like most of us who have started a company, this owner had the passion and motivation to strike out on his own.

As the plumber’s business grew, he started adding both skilled and office staff to keep up with demand.  Before long, he found himself running a company instead of being engaged in the skill he enjoyed.  (more…)