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Why Rags to Rags in 3 Generations? Reason 2 – First Generation Wealth Creators
In a previous post we discussed the first reason family wealth rarely outlives the third generation. That was about the emotional association the younger generation has with the…
4 min read
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Proverbs 14:30 – Peace or Envy
Proverbs 14:30 – A heart at peace gives life to the body, but envy rots the bones. Every person has to decide for him or herself what is…
4 min read
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Why Rags to Rags in 3 Generations: Reason 1 – Emotional Baggage
In this series of posts, I’ll talk about why ‘rags to rags in 3 generations’ is so common that multiple cultures have a version of this phrase. This…
4 min read
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How to Enlist Your Bookkeeper to Track Your Business Goals
How to enlist your bookkeeper in helping you track your goals A three-step process for your bookkeeper to help you track your business goals. Pursuing your goals alone…
4 min read
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How to Calculate Break-Even and Know When Your Business is Working
It’s important to know what point your sales will cover all your goals. However, it’s not always easy because there are two types of costs: fixed costs and…
4 min read
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How to Make Cash Flow Projections Easily!
Cash flow projections are incredibly useful for a number of reasons. First, 60% of business owners have cash flow problems. This affects their ability to meet payroll, buy…
4 min read
