Cash flow is king, but options are queen. That was the theme of a Dec. 2 teleseminar by Maui Mastermind Chief Catalyst and COO Patty DeDominic, with an assist from business coach Mike McCormick. The cash flow teleseminar was in advance of the next Maui Mastermind conference Jan. 9 in San Diego. Patty emphasized businesses…
David Finkel was recently invited by INC.com and Huffington Post to blog on their business website twice a week. Here is a monthly roundup of the articles that David has posted on INC.com and Huffington Post. Below are excerpts from the articles that have been posted and to read the entire blog post, simply click…
Today I wanted to share with you a simple question to spark you to increase the value of what you offer your customers or clients. This question is: How can you increase the received value of your core product or service without increasing your costs? You’ll notice a new term here, “received value”. In a…
A short while ago I got an email from Nate Bylick, a 2-time Maui Mastermind Wealth Summit graduate. 12 years ago when I first began working with Nate and his wife Maggie, they had a small real estate business, buying single-family houses in North Carolina. At the time Nate shared with me how he had…
Hope your week got off to a great start. I have had several great conversations with clients about their exit strategies for their businesses. One client has a CPA firm they want to sell, another has an investment company he wants to sell, and the third has a wholesale business he wants to sell in…
A business coaching client shared the other day how she felt her team wasn’t meeting her standards with respect to accountability. I gave her some specific advice on this during a small group training on how to up the accountability bar inside her company and I want to share those ideas with you. Remember, it’s…
The Trap It happens… a lot more than most of us would like to think. We’re working so hard to grow our business that we don’t realize the way we’re doing it will trap us. The business can’t operate without us. If we don’t show up – the business suffers. If for some reason we…
Today I want to talk about how you can stop wasting thousands of dollars every year on poorly run meetings! Think about how much time and money your company spends on meetings. Yet so few executives know what it takes to make meetings crisp and productive. Here are 8 tips to make your meetings more…
What Is Company Culture? We had a great one day workshop on Saturday to celebrate the launch of our new book SCALE: 7 Proven Principles to Grow Your Business and Get Your Life Back. This weekend we’re hosting our advanced workshop: The Leadership and Management Short Course for our Business Coaching Clients. That’s why today…
Thomas Stanley and William Danko in their bestselling book, The Millionaire Next Door, shared their research that business owners make up less than 20 percent of the workforce in the United States but account for 2/3’s of its millionaires. Combine the above insight with the following facts: According to CNNMoney there are 8.2 million households…