Fifteen years ago, I had a dog named Killer. Killer was really cute – a Yorkshire terrier – and was about 15 years old. Killer hated squirrels with a passion. One day, he saw a squirrel across the street and took off after him. Before we could catch him, he was hit by a car
Not too long ago, the Academy Awards took place, and they played reels of the Academy Awards that happened in the past 80 or so years. It reminded me of the time when I showed my grandson an old western movie… I thought some of the parts were hilarious, but my teenage grandson was horrified by
Over the years of teaching in an entrepreneurship program, I realized a pattern. As expected, every entrepreneur thinks his business is unique. But in having a unique business, who works for you? What value do they bring to the table? Do they make your business “unique”? To some extent, they probably do! These are questions we will explore, but
Every decision you make as a financial leader affects your business. Looking back on 2016 to now, a lot of events happened and changed the course of business. Often, there are events occurring in the world that either directly or indirectly impact your company. As a financial leader, it’s up to you to decide how to
Right now is the time of innovation – kickstarters and new types of marketing campaigns are popping up everywhere. You might have an idea yourself, regardless of whether you’re a Millennial, Generation X, or even a Baby Boomer! So how do you know if your idea is a good one? As I have mentioned in
When valuing a company, investors look for 3 things: reliable, guaranteed, and steady revenue streams. But what if your business model involves inconsistent revenue streams? Regardless of why your company is experiencing inconsistent revenue streams, it’s important to learn what is happening and how to resolve it. Entrepreneurs (typically from a sales or operational background)
We decided to write something a little different this week. The Strategic CFO partners with the University of Houston’s Wolff Center for Entrepreneurship by assisting with their education on financial leadership. In exchange, we hire interns from the program every year. This past November, the program was involved with a Japanese business networking initiative called “The Kakehashi
It’s that time of the year when every night, weekend, and day is filled with Christmas parties, company holiday parties, and gift giving galore! If you’re an introvert like most financial types, it can be exhausting to put yourself out there socially. I always ask every year, “what’s the purpose of attending holiday parties?” Trust
Does your company bank online? Have QuickBooks or PeachTree online? Take credit card transactions online? Have any financial information online? Have a website or an email address? If you answered yes to any of these questions, you are at risk for a cyber security threat. It’s no question that as technology evolves, the issue of
2016 has flown by and we are already in the fourth quarter! As we wrap up the year in just over a month, strategic planning for 2017 is happening in businesses across the world. As the person responsible for the bottom line, your job as a financial leader is quite simply to improve profits and cash flow.
Outsourcing is something that has always existed, but has seemed to become the “norm” for most companies. Rightly so, outsourced workers are an easy solution for financial leaders to mitigate costs. The big question we’re asking is: Do You Need More Hats or More People? If you’re looking at outsourcing, the first step is to complete
Two weeks ago, I posed the question, “Are the millennials the hippies of the 21st century?” in front of 200 CFOs and Controllers. Almost immediately, dozens of hands were popping up in the air to tell about their worst millennial experience. Learn how to recruit star-quality team members that will improve value in your company
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