Month: December 2023
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Building a Berkshire Hathaway
I’ve briefly touched on my background but haven’t yet shared the full story: my name is Colin and I’m an entrepreneur building a collection of businesses inspired by Berkshire Hathaway. We’re actively applying the Profit Mastery tools in our companies and this experience is a key driver on why we wanted to acquire Profit Mastery. It reminds me of an…
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A Simple Approach to Achieving Profitability
We posted this on LinkedIn not long ago and it absolutely oversimplifies things but at its core, producing good income really does happen this way: 1) Get good bookkeeping – hire help!2) Review financials regularly – and know what they’re telling you3) Track metrics (scorecard) and cash flow4) Make adjustments based on dataThere’s a lot that goes…