“I am angry. There are real problems facing the world, and we, as a society, are not doing enough to address them in the right ways, not the ways we know are possible. The old way isn’t working, and we know it.
We continue to reward the same behaviors we have rewarded in the past while expecting different results. We profess interest in really doing things differently but settle into routines that are comfortable and safe, and we are fooling ourselves. There are lots of excuses for not making real, demonstrable changes in the way we live, work, and how we interact as individuals and engage in groups/communities. I have heard them all. I have used many of them myself. But they are bullshit. All excuses are. A person either truly, deeply, genuinely cares about changing things or he doesn’t. You can step up and do what it takes, in whatever way you can, or you need to acknowledge your limits and accept the results.
What might be possible if we were really committed, as individuals and as a society? I’ve thought a lot about this, and instead of remaining angry, I choose to embrace the question and figure out how I can use the anger to make things happen.”
‘We are seeing no shortage of business owners looking to exit but potential buyers are sitting on their hands.
‘Buyers are either nervous about buying a company whose business might deteriorate as the economy stagnates or they think that if they wait longer prices might fall further.’
If you’re starting out as an entrepreneur or a freelancer or a project manager, the most important choice you’ll make is: what to do? As in the answer to the question, “what do you [want to] do?” Read on…
It’s important to note that any two licensed appraisers or prospective investors can read key valuation factors differently. But what is true to all business valuations is the attempt to put a dollar value on a company’s future business potential.
Startup entrepreneurs and well-established business owners should have a sophisticated appreciation of how investors and ultimately business buyers will size up their company’s potential. Sometimes these factors which can influence company valuations are referred to as “business fundamentals” or “investment fundamentals.”
Here are six fundamentals that may influence the value of your business. (For full details, read the article in its entirety here).
No. 1: Revenue predictability.
No. 2: Customer list.
No. 3: High gross margin business.
No. 4: Intellectual property advantage.
No.5: Brand strength.
No. 6: Low debt load.
…an excerpt from “What’s Your Business Worth?” by Susan Schreter for the Small Business Center.
Tom Peters recently blogged about Flourish, the latest book by Martin Seligman, founder of the Positive Psychology Movement. Their research has shown that the building of personal strengths such as courage, optimism, work ethic, honesty and perseverance all have a positive effect on peoples’ mental wellbeing. The process of building a positive mindset is not trivial or easy, as evidenced by Seligman’s work with the US Army. However, if it piques your interest, why not try Seligman’s “Three Good Things” exercise? It sounds simple, but over time its effects can be profound.
Three Good Things Exercise
Each night before you go to sleep:
1. Think of three good things that happened today.
Anything from the most mundane to the most exalted works, as long as it seems to you like a good, positive, happy thing.
2. Write them down.
3. Reflect on why they happened.
Determining the “why” of the event is the most important part of the exercise, and can open up your mind to ways you can increase the positive experiences you have. For more information: www.authentichappiness.org
Adopting the Three Good Things habit will have personal and professional benefits. For many years, Tom has been encouraging leaders to focus on TGRs (Things Gone Right) as opposed to TGWs (Things Gone Wrong). Measure TGRs! Try discussing three TGRs at every meeting in 2012. It’s a great way to discover how to make TGRs happen more often…
… an excerpt from the latest Tom Peters Times… enjoy