Insights

Notes from the work.

Occasional writing on leadership, people, capital, and the practical side of running a business.

Leadership

Most owners outgrow their own habits before they outgrow the market.

The way you ran a company with eight people usually stops working around thirty. That is a leadership problem, not a demand problem.

Capital

The cheapest capital is not always the right capital.

Rate is one term among many. Timing, flexibility, and what happens in a slow quarter usually matter more.

Hiring

Most growth plans fail on people, not demand.

Before funding an expansion, it is worth asking who is going to run it and whether they are already in the building.

Acquisitions

The work starts after closing.

Diligence tells you what you bought. The first ninety days tell you what it will be worth.

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