The formula for profitability has been established for ages. Every business owner, CEO, freelancer and entrepreneur knows it. It is required by Generally Accepted Accounting Principles (GAAP), which is enforced by the SEC in the US and the International Accounting Standards Board internationally. GAAP’s fundamental formula for profit is simple: Sales – Expenses = Profit …
It was truly an honor and privilege to meet 4 Star General Stanley McChrystal who is retired from the Army and the Joint Special Operations Task Force (JSOC). In his recent book Team of Teams my mentor Robin Robins commented that “running a business is not complicated, it’s complex.” She went on to say “There …
From the Baltimore Opera to QVC shopping channel, Executive Producer and TV Host Mike Rowe has had hundreds of jobs and relished his role as a chronic freelancer. He’s best known as the “dirtiest man on TV,” a title he earned on the hit TV series Dirty Jobs, where he traversed all 50 states; completed 300 …
Selected by NASA in 1963 into the third group of astronauts, Buzz Aldrin was the first with a doctorate and became known as “Dr. Rendezvous.” The docking and rendezvous techniques he devised for spacecraft in Earth and lunar orbit because critical to the success of the Gemini and Apollo programs, and are still used today. …
Many of you know Lou Ferrigno from his days as the star on the hit TV series, The Incredible Hulk, which my mom says I called “‘credible ‘ulk!” He is also an accomplished actor that has starred in two documentaries on body building and fitness that have a cult-like following, several TV shows and big-screen …
So I’ve been watching a few episodes of Shark Tank…er..uh at work. I really think you should too. Share them with your team and talk about it. I strongly recommend checking it out. I think you will leave with some valuable business lessons. What is more interesting is that I was recently meeting with my …
I was recently at my mastermind meeting in Nashville. There are tons of like-minded business entrepreneurs there who give each other support and encouragement in our businesses. Since there are so many people crammed in a room, during business hours, there is one simple rule with our cell phones: They need to be on vibrate …
Editor in Chief of Forbes Magazine reaching a worldwide audience of 6 million readers. He’s the author of several books, Power, Ambition and Glory to name one. During the interview he was asked about money, politics and the financial world. One question was presented in our discussion, what is money? Seems like a stupid question, …