Just Say No to Micromanagement
As a babyprenuer, I was an accomplished micromanager. I coordinated day long retreats and got my entire team fired up toward our annual goals. I would create BIG plans and set BIG goals. The team participated, [...]
Understanding the Customers’ Perspective
We are a society obsessed with finding a “good deal”, which is why customers today place such a heavy emphasis on pricing. This leaves the business owner with plenty of questions: What should I charge? What [...]
The Best Gift from Gen 1 to Gen 2
Goering Center NewsletterJanuary 15, 2015by: Mackey McNeill He is 62, the first generation. She is 40, the second generation. They are ready to make the transition from Gen 1 to Gen 2. While the challenges are [...]
Speaking Your Truth
It was the mid 1990’s and I was on the NKY Chamber Executive Committee as the Small Business Chair. Having been in love with business since I was in my 20’s, I was ecstatic to be [...]
Do you really own a business?
As business owners, it is so easy to let the business become your life. So much to do, so little time. At least that is what we tell ourselves. For life to be worthwhile, it needs [...]
How do I Price my Goods & Services?!
What is the role of product or service cost in the conversation about price? The truth is cost has little or nothing to do with sales price. The marketplace, that place of competition between buyers and [...]
3 Tips for Creating A Successful Strategic Plan or Map
Imagine you’re somewhere in South America. It’s swampy, the ground soggy and sloppy, your footing unsure. The air is thick with moisture, and the heat hangs as heavily on you as a water-soaked comforter. You’re alone, [...]
Download Our SMART Financial Goal Creation Tool for Small to Mid-Sized Businesses
This tool is for business leaders looking to define their organization's financial goals and build a path to achievement. This is a brand new tool for Mackey Advisors & we would love to hear your feedback on how it [...]
6 Financial Questions Every CEO Must be Able to Answer
1. What are the leading Key Performance Indicators (KPI) in this business? Many CEO’s try to manage their business by only reviewing their P&L. This is a disaster in the making, it would be akin to [...]
Metrics that Matter: Curing Data Overwhelm
We live in a time where information is at our fingertips like never before. The question up for debate is whether access to all of this information is a blessing or a curse. Currently, many business [...]