Think You Understand Your Financial Statements? Ask Yourself These 4 Questions

Do you know how to read a profit and loss statement? Do you know what your gross profit margin is and what it means for your bottom line? How about your Cost of Goods Sold? If you are like many business owners, you have a basic understanding of your financial statements but leave the heavy…

Poorly Run Meetings Can Cost You Thousands of Dollars Each Year. Here’s How to Fix Them

How many meetings have you attended this week? This month? If you are like most business owners, the answer is too many. In my own business coaching firm, I sat down and crunched the numbers on our bimonthly executive meeting, and the results were eye-opening. Every two weeks my executive team and I meet via conference…

How One CEO Grew Her Business by 300% While Caring For A Sick Family Member

Three years ago,  my company was hosting an awards dinner for our business coaching clients. There at the banquet were the CEOs and owners of over a hundred companies from around the world. One of the final awards we gave that evening was to a quiet woman named Tina, who along with her husband, Matthew,…

Successful Entrepreneurs Take This Number of Vacations Every Year. Here’s Why

“David, I was wondering what is the number of vacations that a successful entrepreneur should take in a YEAR in order to maintain a healthy body, mind, and spirit (i.e., ideal self-care)?” I recently received this question from a business coaching client, and I wanted to share the answer with my readers. It’s More Than…

The Problem with Perfection

Over the past 25 years, I have met with thousands of business owners struggling to take their businesses to the next level. They are often overworked, anxious, and stuck. They have great ideas and products, and the means to bring them to their client base, yet they suffer from a debilitating condition that really hinders…