Archive | September, 2022

Book Review: The Fatal Impact

And now for something completely different. This is a book I purchased probably 20 or 30 years ago, intended to read, and now finally have. It was first published in 1966, while the edition I’ve got, with wonderful illustrations, was published in 1987. When I was in high school, I was really into cars. In […]

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More Free Money!

During the pandemic, the CARES Act provided several programs to help businesses. The best known was the Payroll Protection Program (PPP), which had two phases, and was extremely popular. Another program under the CARES Act was the Employee Retention Credit (ERC), sometimes known as the Employee Retention Tax Credit (ERTC). The ERC was nowhere near […]

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Book Review: The Automatic Customer

Within the last ten years, there has been a lot of focus on companies with recurring revenue or using a subscription model. In tech, early in the conversation about a company’s financials, someone is going to ask what the MRR (Monthly Recurring Revenue) or the ARR (Annual Recurring Revenue) is. The subscription model has always […]

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The Covid Hangover

In response to Covid, the federal government rolled out a number of programs to help stabilize the economy. The most well known was the PPP, or Payroll Protection Program of loans, most of which were forgiven, making them grants. PPP loans probably did protect payrolls and it certainly put a lot of money into business […]

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Are We Going to Have a Recession?

Are we going to have a recession? Of course, the only question is when. Here’s my prediction: It has already started. The statistics that will confirm this are a lagging indicator; we’ll learn this summer that it started in May. I wouldn’t be so sure but the Fed’s efforts to stop inflation seem to guarantee […]

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Long-Term Clients

One of the most satisfying things about my consulting practice is the effectiveness of working with clients for a period of five years or more. I’ve got a number of clients I’ve worked with over five years, some over ten years. In the case of these long-term clients, we’ve been able to achieve much. That’s […]

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If Government Just Worked

Many businesspeople love to complain about government, about how high costs are, how government is slow and inefficient, how government impairs the free market. You know the refrain. I feel a bit different. I’ve had my frustrations with government as we all have. But government has its place. There need to be laws and rules […]

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Book Review: Predictably Irrational

This is not a new book, having been published in 2008. Sometimes I like to go back and read a book that has been around for a while, partially because I just want to, and partially I want to see whether the author’s premise has withstood the test of time. That’s why I usually wait […]

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Book Review: The Power of Regret

Daniel Pink is one of America’s most successful writers, rivaling Malcolm Gladwell and Michael Lewis. I haven’t read all his books, but I have read Free Agent Nation, Drive, To Sell is Human and When. Every one of those I’ve read has been excellent and he continues his string of hits with his latest offering, […]

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