How Owners and Employees Think
In order for companies to create wealth and extraordinary organizational cultures, employees and owners must become more aligned in their thinking. When I ask business owners what concerns they have, what they think about from day to day, or what might keep them awake at night, they generally mention the following:
■ Profit. The company must have more revenue than it does expenses.
■ Cash flow. Business owners understand that it’s pretty difficult to run a business without cash. They also understand that a company can be profitable on paper, but run out of cash (more on this later).
■ Risk. They have to face the realities of market conditions, the economy, liability, employee issues, and on and on. Business owners ...
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