It’s not about stuff – it’s about them!

 To tell the truth, I really just wanted to cry.

That was my reaction as I scanned the dining room at the Assisted Living facility into which my 93-year-old mother just moved.

Not because it isn’t a terrific facility.

It’s one of the nicest I have ever seen, visited or heard about, with a wonderful and genuinely caring staff. No, it’s not that at all.

It wasn’t weariness, either, although it did follow on the heels of a draining four-day transition, including a crushing array of painful and tedious sorting, organizing, shopping and hauling to massively downsize and, sadly, to discard even more memorabilia from a rich life of living.

[pullquote]This article was originally intended as my holiday message to you. It was published in the December 26 electronic edition of the North Bay Business Journal, but published in the print edition on January 9. Its spirit, however, is eternal.[/pullquote]

Not all of it mind you.

There’s a lot of important family history to preserve

Two big boxes of family history are headed my way, as I’m the last stop for any chance to digitize and preserve almost a century of living so it can be shared throughout the widespread family.

All of the forthcoming scanning and cataloging will be a dose of dullsville … invited and welcome, yes … but infinitely time-consuming nonetheless.

It includes hundreds … more likely, thousands … of photographs, yearbook pages, commencement programs, newspaper articles, announcements and the collective minutiae that memorialize a life, two lives really.

My father, who passed away 10 years ago … as one who never let a piece of paper slip through his hands … successfully squirreled away records and magazines from as far back as the 1940s and 1950s that escaped our notice in the decade-earlier downsizing round.

It’s not just sentiment or nostalgia

You might figure that the tears are sentimental or nostalgic. I wish it were that simple. (more…)

Continue ReadingIt’s not about stuff – it’s about them!

Leadership Lessons | Delaying the tough call only makes it worse

What Does It Take to be a Great Leader?

We’re always sharing valuable and practical leadership tips and tools to help you BE a better leader so you can BECOME a better leader. Remember … you won’t BECOME a better leader until you start BEING a better leader … implementing NOW the changes necessary to adopt the proven strategies of successful leaders. You might start by building on the communication matrix and making sure you’re defending the castle to get done what only you can do. Make sure to take some time so you’re thinking past today. Don’t forget our 12 part Leadership series.

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Do it quickly, don’t look back … and move on

Remember how Mom used to say: “You know better than that?”

It wasn’t that we were ignorant or unaware of what was supposed to be done. Quite the contrary. We knew damn well what we were supposed to do but we just didn’t want to do it. Why not?

Why don’t we do what we know we should do?

That’s the eternal conundrum, isn’t it my friends? Why don’t we do what we know we must do? (more…)

Continue ReadingLeadership Lessons | Delaying the tough call only makes it worse

Business Finance | Pick a card … any card ….

New metrics to Define Financial Performance?

In the tumult surrounding the 3D maelstrom (Debt Ceiling, Downgrading and Deficit) of several weeks ago, you may have missed another chilling corporate finance update on the relentless pursuit of performance metrics that extol the sunshine while you’re in the heart of darkness. Yes, there may be some economic value for certain of these metrics, but they’re dangerous barometers of realizable value and highly misleading as to future achievements of tangible operating profits and free cash flow.

Another Sign of the Apocalypse?

Most of us recall the “eyeball counting” that preceded the Dot-Com-Bomb and those certain “Signs of the Apocalypse”, as when your cab driver is telling you what stocks you should buy. (more…)

Continue ReadingBusiness Finance | Pick a card … any card ….

Leadership Lessons | Are you only a legend in your own mind?

What Does It Take to be a Great Leader?

Nothing in life travels in a neat formation accompanied by bugles and cavalry. A lot of it shows up filthy and unkempt, prominent in the mess we’ve made around our foxhole. These lessons are typically the offspring of hubris, naivete and ignorance … or from overlooking the land mines hidden beneath our feet.

Every Tuesday, we’ll share valuable and practical leadership tips and tools to help you BE a better leader so you can BECOME a better leader. Remember … you won’t BECOME a better leader until you start BEING a better leader  … implementing NOW the changes necessary to adopt the proven strategies of successful leaders. You might start by building on the communication matrix and making sure you’re defending the castle to get done what only you can do. Make some time so you’re thinking past today.

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It’s Almost Midnight. Do you know where your cash is?

Okay, I admit it, I’m cheating a little this week … but I’ve got a few good reasons. Well, I’m calling them reasons anyway.

For one, I’m working hard to get ready for our Cash Flow Workshop, “It’s Almost Midnight. Do You Know Where Your Cash Is?” scheduled for May 25th. If you live in the San Francisco bay area, are not a financial executive and want to advance your business finance knowledge, our workshop is tailored for you.

Every successful business executive needs a solid grounding in the principles of cash flow … (more…)

Continue ReadingLeadership Lessons | Are you only a legend in your own mind?
Read more about the article Business Finance | What’s the value of my company?
The Big River series is a 12 part installment about a company desperately seeking cash to fuel their growth and the struggles they face trying to find it.

Business Finance | What’s the value of my company?

A Weekly Business Finance series for Non-Finance Executives!

“Financial Adrenaline” is a term we love around here because it reflects our commitment to help you turbocharge your business with practical tips and techniques to improve free cash flow, the lifeblood of business. As a further extension of our Financial Adrenaline program, we’re going to share a new Business Finance Tidbit every Wednesday specifically for those business executives who don’t have a finance background. Our current Big River series started with We’re Making Money. Why are we broke? … then No Cash? Can we borrow what we need? and What if our loan collateral doesn’t cut it? Last week, we talked about the need for outside investors.

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“All intelligent investing is value investing — acquiring more than you are paying for. You must value the business in order to value the stock.”

~ Charlie Munger

How important is valuation?

John Wilson, CEO of Ace Business Stuff, spent the last few weeks preparing for his meeting with Lary Blogger. He called a few days ago to follow up on his recent conversation with his attorney, Frank Lee Documents, when they spoke about investors, DilutionA reduction in earning per share of common stock that occurs through the issuance of additional shares or the conversion of convertible securities and ValuationThe process of determining the current worth of a company. An analyst valuing a company may look at the company's management, the composition of its capital structure, prospect of future earnings, and market value of assets. Judging the contributions of a company's management would be more subjective, while calculating intrinsic value based on future earnings would be an objective technique..

Valuation is the bedrock for investors

“Hi, Lary. I appreciate your coming by to meet in person to talk further about some of the issues we discussed a few weeks ago. Can we talk about valuation first, since that seems to be the foundation for conversations with prospective investors? (more…)

Continue ReadingBusiness Finance | What’s the value of my company?