Here are some highlights from today's mentoring session with The Catholic CEO, Henry Kutarna.
The US distribution deal with the European manufacturer has hit a big snag due to the complete unavailability of the American distributor to start talks.
What have we done about that problem? Well, we considered three options:
Today’s work session resulted in a very wide-ranging discussion about quite a few topics.
My focus in this report is to set out a list of lessons learned, points made, and “observations” made. See what you think:
Today we came back from a two-week break for the Christmas vacation period. The story today is shocking. We have a willing buyer and a willing seller situation – with a real wrench thrown into things by the parent company that says it wants a change but seems unwilling to throw the switch. Read more about my years of experience mentoring business owners.
Today was a wrap up session that coincided with the end of the year 2020 and the Christmas Season. Since this series is coming to you on a delayed basis, some months after the fact, you’ll understand why the meeting was a year-end wrap up and a final, take-stock discussion.
Here’s what we reviewed:
This topic flows directly from current experiences as a business mentor in challenging times.
CAN YOU SET REAL PERFORMANCE TARGETS?
Yes you can. Few try hard enough.
In today's session, things continued to move along nicely. It was a general conversation about many general matters!
I have seen thousands of deals throughout the years as an Angel investor and mentor to start-ups. The capitalization table is a useful tool for investors and business owners. In short, it is a breakdown of the company's shareholder's equity. Here's an article that explains the cap table a little more in depth. My goal here is to demonstrate what a capitalization table tells investors. These are insights you need to know if you own a business also.
I have learned that the cap table (capitalization table) reveals a great many things to savvy investors. This week I studied three different cap tables to discern situations and discover facts. This led me to muse about past cap table lessons.
The discerning investor can tell the following trends and signals about your business by studying your cap table. Even in the absence of a financial statement, minute book or business plan, the cap table speaks clearly.
In this week's session, we’re getting down into actions that really differentiate us from the competition.
Some times your mind is full of a hundred ideas. Many of them come at 3:30 a.m.! Here is a simple (but not simplistic) decision making template, for business or personal decisions, that you can use to sift through the ideas and either discard them or put them into some kind of an orderly process.
This is an extremely simple (but not simplistic) decision making template to use when one is overwhelmed with a constant flow of ideas – some of which may be useful, some of which could be pursued for business, hobby (personal interest), or philanthropic reasons, and some of which could be simply discarded. It’s a kind of decision tree format. And, if written down, it can be developed into a visual flow chart. I have colleagues who do cartoon style decision making flow charts that are fun and useful.
Here are the questions to ask when you are faced with a constant flow of ideas. It’s best to write...