Tag: Financial Education
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Smart Owners Keep Getting Smarter
Compounding Knowledge “Those who keep learning will keep rising in life.” — Charlie Munger What was the MOST impactful thing you’ve learned recently? The truth is that you will never “find” time to take a step back from your business to learn, reflect, and improve. Instead, you’ll have to force yourself to make time for…
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Do These 3 Things With Your Financials
Prepping the numbers This week, I gave a keynote to a group of franchisees outlining how to read and use their financial statements (a novel concept). It started with the idea of “mise en place.” If you’re not familiar with the thorough preparation phase before cooking, then let me give you some quick background: Mise…
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A Full Business Breakdown
We’ve covered a wide range of topics this year and it feels like a good time to work through a case study for added practice. To keep things simple, we’ll break this into a multi-part series covering: My goal is to show you how to assess your (or others’) business from top to bottom. As I enjoy…