Businesses rely on models and data. That said, pitfalls occur when these elements contain underlying flaws or inaccuracies. Today’s newsletter examines the potential weaknesses of models and data, and offers suggestions for making sound decisions based on how the relevant world work. Read more…
Trust is a critical ingredient in the smooth flow of business transactions. As former Secretary of State George Schultz, the man behind the Reagan-era arms reduction agreements with the Soviets emphasized, “Trust is the coin of the realm.” In today’s newsletter, we highlight some of the ways in which you can build — or break down this valuable asset. Read more…
Lenders know how to stroke owners, including institutional owners, so they will put more money in the business. This is not necessarily a bad option for an owner, just make sure that you understand what the risks are, what you are committing to, and how you will get your investment back (and hopefully more) in the end. Read more…
The world keeps changing, so your business must keep changing as well. Towards that end, it’s important to distinguish between “what people do” and “what they get done.” Understanding the difference and having what people get done remain in synch with everyone else — the subject of today’s newsletter — is essential in ensuring that the company can achieve its objectives. Read more…
As the pandemic rages on, we are all operating in a world that is rapidly changing. The challenge is to adapt in ways that make sense for both ourselves and our respective businesses. In today’s newsletter, we discuss how to make sense of a world characterized by fragmented and spotty information.
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It has taken some time, but the current pandemic has reached the point where distressed investing opportunities are beginning to appear. Generally, there are three types of buyers for distressed companies: Serial Investors, Newbie Investors, and profitable businesses that view distressed companies as an opportunity to expand. In today’s newsletter, we take a look at each and examine some dos and don’ts regarding their respective approaches. Read more…