Lessons in Sustainable Business Growth
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Archive for July 2012

Focusing on one project at a time

Focusing on one project at a time

  Yeah!!! A bit of a breakthrough day. I was able to get something done that I’ve been grappling with for weeks. Yesterday I decided to implement some of the lessons from the book The Myth of Multitasking: How “Doing It All” Gets Nothing Done by Dave Crenshaw. I found this book to be a very simple read with a powerful message. Essentially, I focused on one task for one hour. And amazingly (not surprisingly) […]

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Getting stuck with what to do next

Getting stuck with what to do next

Ever have one of those days where you are pulled in multiple directions? That described my day yesterday. It was another classic day of being stuck. On one hand I absolutely vowed to complete the work on three upcoming podcasts. (didn’t happen!). On the other hand I was confronted with a business ‘fire’ to put out. I opted to be the firefighter and it got me stuck for most of the afternoon and even […]

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A Brokered Deal – Not a Broken Deal

A Brokered Deal - Not a Broken Deal

There has been a cascade of online chatter in the past few months ignited by the April 2012 article in Inc. Magazine by noted entrepreneur Norm Brodsky. His contention is that most business brokers are generalists and even insinuates that the profession is often quite shady. In Brodsky’s words “Most brokers can be counted on to represent themselves. A broker’s livelihood depends, after all, on 1. Making sure the deal gets done and 2. […]

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Getting unstuck one day at a time.

Getting unstuck one day at a time.

  So yesterday I had a bit of success in getting unstuck from some of the issues that have been holding me back from growing my business. I knew that it was going to be a very chopped up day with meetings and other personal issues breaking up the day into small packets of time. Despite this, I lowered my expectations and only put 2 x the amount of work on my plate rather […]

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A Brokered Sale – Not a Broken Sale

A Brokered Sale - Not a Broken Sale

Guest: Barbara Taylor, Synergy Business Services. LLC Featured Topics: Business Brokers – How to find and hire a business broker This episode (part A) delves into one of the avenues of selling a business; working with a business broker.  There are many exit or transition options such as selling a business to either an external buyer or senior management, creating an ESOP, Gifting  to the next generation (Succession planning) or selling to a Private Equity […]

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I’m stuck in my business!!!!!!

I'm stuck in my business!!!!!!

I am now stuck in my business. This is not something new. Nor is it a singular event. I’m getting stuck a lot as I attempt to reformat and grow my business, Big Picture Advisors, into a business model that serves my personal objectives and business vision. It is this phenomenon of getting stuck in your business that has compelled me to share my life lessons and those of other business owners on our podcasts. […]

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Measure Your Business

Measure Your Business

What do a tape measure, a stopwatch and an income statement have in common? They are all tools that help you measure, assess and compare results. They measure different phenomena, yet they are similar in being useful, often indispensible in making sure that processes are working, as they should, that objectives are being met and growth is occurring. You wouldn’t hire a carpenter that didn’t use a good tape measure. You couldn’t train for […]

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Earn Your Way out of Your Business

Earn Your Way out of Your Business

Anyone who has ever purchased or sold a home is familiar with the concept of ‘closing’. That is the process by which the buyer, seller and any intermediaries essentially sit around a table, sign documents exchange money, keys and transfer ownership from one party to the next. Despite the minor hiccups that may occur, it’s a relatively cut and dry exercise. The new owners hand over a big check, get the deed and the […]

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Earn Your Way out of Your Business

Earn Your Way out of Your Business

Guest: Jane Johnson, Waypoint Business Strategies, LLC Featured Topics:  The Earnout – an Exit Options for business owners. This episode concentrates on a single exit strategy for business option for business owners – the earnout. A major misconception about selling and exiting a business is that it is similar to purchasing a car or a house. Very rarely is the closing on the sale of a business a singular event like with residential or even […]

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Measure Your Business

Measure Your Business

Host:  Joel Goobich, Big Picture Advisors Featured Topics:  Business Metrics, Business Analysis, Financial Ratios Control of your business operations is essential to generating the profits and cash flow that will keep the ‘doors open’ and long term business growth. A well run operation provides the springboard for growth and extreme business success. This episodes delves into how to measure your business. How to create, monitor and use business metrics. Having systems in place to […]

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About the Host

Joel Goobich is a big-picture guy with sharp insight into how individual parts make a strong whole. He has 30+ years of entrepreneurial endeavors; starting, building and exiting businesses. He is tireless in the pursuit of solutions to boost your business and put you on a track to a profitable transition and exit to your next act.