You-proofing Your Business
Articles, Improving Company Value Making your business less dependent on you has a number of benefits: you can scale your company more quickly if you’re not acting as a bottleneck; you get more time to enjoy life outside of your business; and a business less dependent on…
SEVEN POWERFUL RATIOS TO START TRACKING
Articles, Preparing/Planning to Sell Your Business Doctors in the developing world measure their progress not by the aggregate number of children who die in childbirth but by the infant mortality rate, a ratio of the number of births to deaths. Similarly, baseball’s leadoff batters measure…
Market Share vs. Addressable Market
Articles, Building a Valuable Company Imagine you’re a farmer and you’ve been tending to your crops all year. It’s harvest season and finally time to collect the spoils of your labor. You start harvesting your crops only to find out that pesky rodents have been quietly…