Ruth Bader Ginsberg's Lessons on Legacy
Changing the world with 4 simple tools: Vision, Honesty, Planning, and PassionMy life and my Mother’s life are just one generation apart, yet they were starkly different. When my Mother married, she dropped out of the workforce. It was what women
Grow4Ways - Leveraging a Simple System for Breakout Growth
Grow4Ways is for any business owner wanting to clarify & refine their growth plan and for leadership teams looking for alignment on strategic growth opportunities. Grow4Ways is a simple tool to help you change your mindset, sort your options for grow
Economic Update - Fall 2020
businesses should be seeing – or soon will be experiencing – some recovery in their operations. Having said that, we do not anticipate a “full” recovery until mid-2021. There are numerous risks that could derail the recovery. Most notably, of course, a second wave of COVID-19 that causes governors and other governments to shut down their economies again.
Limiting Beliefs
Where are you limited? Your mind. It can be the gas in your engine of success, or it can be the brakes, stopping or slowing your progress. Your limiting beliefs show up in conversation. They show up in your mind chatter.
The Business Owner's Biggest Tax Trap
It is impossible to build wealth without paying tax. Taxes are on sale, so buy now. Focus your time and energy on making your business as profitable as possible. Then engage a CPA who looks at your tax expense through a wealth creation lens and enjoy watching your wealth grow.
Should I Take Advantage of the Payroll Tax Deferral Executive Order?
On August 8, 2020 President Trump put into action a payroll tax relief for employees with taxable wages that are less than $4,000 during a bi-weekly pay period through an executive order. Employers are able to defer withholding, deposit and payment of the Social Security taxes on those wages during the period of September 1, 2020 through December 31, 2020. This is not an exemption of the tax, but strictly a deferment.
Harnessing the Power of Education and Training: Leadership Through Learning
I believe the first thing business owners need to understand is the difference between training and education.Training is utilized when you are trying to increase the uniformity, efficiency and repeatable quality of your product or service. Education is utilized to increase the autonomy of your employees to reduce the need for heavy handed management, nimble response, and increased customer/client satisfaction.
Is Hyperfocus Ruining Your Creativity?
When you think of your business life, do you feel like you are on a steel bridge or a swinging one? Or somewhere in between? If you don’t feel completely confident in your business structure you are doing yourself and your business a disservice. When you have to hyperfocus on where your metaphorical hands & feet are or which way the wind might blow you are using all of your big beautiful brain power to not die (again, metaphorically). And that’s no way for a business owner to operate.
Are You in the Womb or the Tomb?
It’s a scary time. The novel coronavirus. The government ordered shut down of schools and businesses. Massive unemployment. Social unrest. Remote everything. Change is in the air. It’s not the kind of change that is happening to someone else, it is personal, shifting your daily life in numerous ways.Change creates uncertainty. It can feel like the ground beneath your feet is moving. Where to you go to find certainty? Stability? Peace?Inside.
The Mackey Money Minute - 3 Rs to Recovery - Reimagining Physical Space
In this series we are exploring three R’s to post coronavirus recovery:1. recovering revenue2. reimagining structures3. rethinking peopleWe looked at six ways to recover revenue and now we turn our attention to reimagining structures. Structur
An Entrepreneur's Largeness
Bestselling author, Sue Monk Kidd said in a recent interview with Brene Brown on her podcast, Unlocking Us, “Every person has their own particular genius, that is their largeness, that is unique to them. Bringing it forth is a life’s work… It’s frightening to think of having this part of ourselves, this magnitude, this passion in ourselves... Bringing forth your largeness is a gift to the world.”
The Mackey Money Minute - 3 Rs to Recovery - REIMAGINING STRUCTURES - Financial Strength
How have you always thought about your company’s financial strength? As a function of ongoing cash flow? As cash in the bank? As your available line of credit? As your debt to equity ratio? As intimately inter
What I Now Know to be True: Reflections on being a CARES Act Advisor
I became the team’s CARES Act expert and began work with small businesses (whether they were clients or not) to help navigate the PPP and EIDL loan landscapes. In the days, weeks and months that followed I began to encounter over and over again the true spirit of the Nation’s entrepreneurial community.
Seeing the Bigger Picture: How One Entrepreneur Transitioned His Business
As the business grows, experiences ups and downs, and presents what seem like a never-ending series of demands, the owner may feel like their business owns them, not the other way around. Below is the story of my journey from busy entrepreneur to retired and how I was able to plan and accomplish the transition.
The Mackey Money Minute - 3 Rs to Recovery - Revenue Revamp Goals
I am a huge fan of goals. I believe, to reach its’ potential, every small business needs a detailed annual plan. A plan is similar to a budget, but different two very important ways. A plan is all about goals and it has built in accountability.
The Mackey Money Minute - 3 Rs to Recovery - Revenue Collaboration
The ideal of a solo warrior going into battle to beat the competition is past. Now is the time for partnering and collaboration. Partner promotions have existed forever. But social media has turbo changed them.
Currant Leaves & Other Joyful Things
It is tempting to bow to the mind chatter that fills my head as soon as I awake. To make my first task, my to do list. But I did not go into business to be a slave to it. I started my business to serve my passion for helping business owners, while at the same time giving myself the gift of creating the life of my dreams. Dreams of joy and morning strolls.
The Mackey Money Minute - 3 Rs to Recovery - Revenue Bundling
What is your value meal? Because of the COVID virus and its related economic impacts, change has become the norm, not the exception. As a result, the ground is fertile for experimentation. One easy strategy to test out new ideas that will grow your