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decision making

Business Planning

The Action Priority Matrix

ByProfit Mastery June 9, 2025June 13, 2025

The basic steps for getting things done could be summed up as: I’m always looking for new ways to compartmentalize work and life. Lately, I’ve been using a simple framework referred to as the “Action Priority Matrix.” It’s a close cousin to the Eisenhower Decision Matrix which blends urgent and important tasks into categories of: do, schedule,…

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Business Planning

10 Traits of a Great Business

ByProfit Mastery May 28, 2025June 13, 2025

What makes a great business? When I worked in the investment industry studying and investing in public companies, I was often searching for “great businesses” and over my career developed a short list of characteristics that (I think) make a company great. Why should this matter to you? These traits are in no particular order,…

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