If it’s one thing worse than reporting to an incompetent manager, it’s being a manager and constantly feeling you’re inadequate. So why do useless people win promotions, and how do you make sure you’re not one of them? One of my favourite management philosophies, The Peter Principle, observes that “managers rise to the level of...
Want a Business Fix, System or Asset? A doctor will fix your broken leg. A good doctor will tell you, after the fourth broken leg, to stop jumping your motorbike over school buses. But when you truly cannot imagine a life without fresh air and school buses beneath your wheels, then you need a better system...
by Jacob Aldridge, who owns ~$1.2 million in property and loves every cent of his mortgages I like money and I like property. I mean, they’re not the reason I’m alive but all other things being equal I would rather have them than not. Which is why I get angry when my first-home-owner-wannabe friends outline...
by Jacob Aldridge There are a number of elements in a business that impact its valuation. These can be positive impacts (eg, new product lines) or negative impacts (eg, abnormally large liabilities on the balance sheet). When I explain these elements to business owners, I talk about the two biggest negative impacts on Valuation as ‘Temporary...
In 2015 I posted my first version of this “Best Business Coach” list, based on one created by LinkedIn which includes several coaches who have since retired, changed careers, or died. I added my own recommendations in 2019/20 … and incredibly most of that list have since given up being coaches as well! I am...
Source: Stepps.com If you don’t understand your role as a leader, your business will be rudderless. For example, in the real estate industry many principals are really just agents who have chosen to work for themselves rather than under another business. Those who are actually leading their companies (and their industries) sit above and ahead of the day-to-day business....
