Budgeting Beyond Legal Boundaries
One of the many oddities shared between entrepreneurs is their ability to budget beyond boundaries. They don’t make the same assumptions about where the lines must be drawn. The edges are more fluid. They see customer value and customer alternatives and they see new ways of assembling systems to deliver value at a profit regardless […]
Given This
Most business owners succumb to reasoning errors over time. I fall prey myself. I ask myself: “given this asset, what more could be done with it?” Just this morning I began wondering about utilization of a warehouse and forklifts that are used only seasonally within our seed businesses. Given the seasonality of their use, what […]
From Imagination
It’s better to imagine the future and work backwards, down through the aspects that must be true for that imagined future to become real rather than observing the past and incrementally adjusting a view of the future. The most influential utilize both practices. They ask: What is unchangeable? What is malleable? Yet, they begin by […]