Managing Money & Business
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MS Cash Flow And Importance.
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What's Next?I read somewhere that you know a company has lost its way when it buys a company jet. To me this just emphasises one of the overriding principles I apply to everything I do: Know where you want to go (your aim) and work out the best way to get there (your objectives).
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A final point. The battle I often have is convincing owners that they should not be doing anything that can be delegated to others. One-man-bands invariably have problems at home, work or both. Start-ups are slightly different. I accept that some money has to be generated before help can be brought in but the principle is the same. As soon as you can get someone else to do the things that distract you.