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  • Establishing Internal Controls Which Enhance Growth Establishing Internal Controls Which Enhance Growth

    Establishing Internal Controls Which Enhance Growth

Establishing Internal Controls Which Enhance Growth

In January, headlines reported the dramatic collapse of QuadrigaCX, Canada’s largest cryptocurrency exchange.  The source of QuadrigaCX’s problems provides a vital Lesson Found for owners.

Initial reports tied the cause of QuadrigaCX’s collapse to the death of its founder, Gerald Cotten, since he was the sole person who knew the passwords to access cryptocurrencies valued at $136 million. A subsequent audit revealed that a large portion of those funds had been redirected (more…)

  • Don’t Assume Your Way Past Higher Profits Don’t Assume Your Way Past Higher Profits

    Don’t Assume Your Way Past Higher Profits

Don’t Assume Your Way Past Higher Profits

I was reminded of the alternative definition of “assume” during a recent visit to the hospital with my mother. That definition offers us a Lesson Found on the importance to business owners of looking beyond their assumptions. (more…)

  • Will your plans protect your company from Petering-out? Will your plans protect your company from Petering-out?

    Will your plans protect your company from Petering-out?

Will your plans protect your company from Petering-out?

My son and I started watching Game of Thrones; him for the second time and this is my initiation.  After GOT’s disastrous season 8, my son asked if I wanted to watch that final season.  That is where this Lesson Found begins. (more…)

  • Is your successor ready for leadership? Is your successor ready for leadership?

    Is your successor ready for leadership?

Is your successor ready for leadership?

Greeks elected a new prime minister last week, Kyriakos Mitsotaki, who is also the son of a former prime minister.  His ascent as leader of Greece offers a valuable Lesson Found for family businesses.

Mr. Mitsotaki’s election is the culmination of his path into the “family business”.  (more…)

  • Building Team Cohesion & Achieving Goals One Celebration At A Time Building Team Cohesion & Achieving Goals One Celebration At A Time

    Building Team Cohesion & Achieving Goals One Celebration At A Time

Building Team Cohesion & Achieving Goals One Celebration At A Time

Fourth of July festivities always impress me.  We really do know how to celebrate our liberty and our country!  This year’s celebration got me thinking about business celebrations.  And therein lies this week’s Lesson Found.

I’ve experienced many company parties and celebrations but two stand out in my memory. (more…)