40K foot view

Owner’s Rule #1: 40,000 Foot Level Point of View

June 28, 2013 By Jan Triplett Leave a Comment

Can you take the 40K Owner’s point of view with your business? Photo credit: NASA.gov

The Owner’s Point of View

The “40,000 Foot Owners View” symbolizes the number one rule for owners who want to be successful: stay at the 40,000 foot level for planning and making decisions instead of getting bogged down in the day-to-day weeds of running and managing the business. This is especially important when using networking to grow a business. It’s a critical skill owners must have in order to survive the challenges and take advantage of opportunities. [Read more…]

The True Value of 1st Quarter Financials

March 29, 2013 By Daniel Diener Leave a Comment

Evaluate your 1st quarter financials to get higher profitability going forward. Image by Photosteve101 from flickr.com.

The true value of 1^st quarter financials goes way beyond just the raw numbers. Because of that, your monthly close out is more important and there are do’s and don’ts that are unique to this quarter.

Completing the prioritized tasks gives the owner or manager a perfect opportunity to refine their vision for the year. Using the resulting information can make the last three quarters more productive and more profitable. This will keep you out of the weeds and create the 40,000 foot owner/investor perspective you need to make a better future. [Read more…]

How can you have a breakthrough in business every day?

October 1, 2010 By Jan Triplett 2 Comments

Breakthroughs call for fireworks. Photo from Flickr.com by Beverly & Pack.c

There’s nothing better than to have a “Eureka” moment when you own a business. You struggle and come at the problem from different angles and all of a sudden there’s a “flash” and a “pop” and it all fits nicely in place.

When this happens to you, do you:

Breathe a sigh of relief?
Jump for joy?
Clap your hands?
Slap the back of the nearest “ole fella” whether you know them or not, whether they have played any part in this or not?
Just go back to slugging it out on the next problem?

I hope you do 1-4 because breakthroughs, no matter how small, deserve a “hurrah”. [Read more…]

Adequate Government Brings Neighbors & Businesses Together

July 31, 2010 By Jan Triplett 2 Comments

There must be a better way to bring neighbors and businesses together. And, I went tonight to see if I could find someone to lead the way and what an adequate government could do.

Former Houston Mayor Bill White is running for TX Governor.

I was invited by Bijoy Goswami of Bootstrap Austin to attend an event sponsored by the Entrepreneurs’ Organization (EO) in Austin that was billed as an “Intimate Conversation with Bill White”. Bill White, former mayor of Houston, is running against Rick Perry for Texas Governor this fall. It turns out that White is an honorary EO member.

It was intimate as promised. I was about two feet away from the man who started by saying that he was pleased to be here for this “job interview” which brought some chuckles. In his prepared remarks, he said if he were “hired”, he would run the state like a customer-centered business. He would focus on what people want, not what the state wanted to “sell”. Sounds pretty good.

When Q&A time came, I asked Mayor White a question about how he viewed the state’s role in something that is near and dear to my heart: the role of government especially in hard economic times when there are tough decisions to be made. [Read more…]