From managing cash flow to fixing profit leaks, read our latest advice on navigating your entrepreneurial journey!
Goodbye Commute, Hello New World of Work!
Let’s start off with an anecdote: Three years ago, a business owner reached out to me needing support. He ran an apparel business and had just found out that his controller was retiring…
Avoiding the Entrepreneurial Cliff: The Other Thelma & Louise Story
For Louise, numbers told the most accurate story of a business. She found comfort and insight in seeing those same reports that left Thelma bewildered. Numbers were a map…
How a KPI Helped an Entrepreneur Let Go of the Baggage That Was Holding Her Back.
Key Performance Indicators (KPIs) can make a huge difference in your business. Simply put, KPIs use data to track a key aspect of your organization’s performance. With precise growth…
When to Leverage Your Most Valuable Resource: YOU
A couple of decades ago, a programmer/writer/polymath named Bill Templeton calculated Bill Gates’ hourly wage at $300 per second and concluded that if he dropped a thousand-dollar bill, it would…
A “Carefrontational” Wrap to 2020: Get Your Books In Order.
At DashboardNY we believe in “carefrontation.” That means telling you the truth, even when it’s a hard truth, because we care about your success. So after congratulating you for surviving this long, exhausting year, I need to tell you that you can’t just coast your way into 2021 in the hopes that you’ll be energized in the new year. You’ve got work to do right now.
How the Grinch Needed A Better Record-Keeping System
In Whoville they tell of the Grinch with his sack
Who one night stole Christmas then gave it all back.
But the genial Whos don’t hold a grudge long
So they never point out he returned it all wrong.
You Can't Make a Thanksgiving Dinner if You Don’t Know What’s in Your Kitchen
Many of us have scaled back Thanksgiving plans this year, but it’s still a good time to consider the similarities between the grand undertaking of a big meal and the grand undertaking of running a business. With both, you need a process to track what you have and what you need. Otherwise you might wind up with bland gravy or extra shipping costs.
How to Save Money and Stop Flushing Profit Away
In 2009, Japanese airline Air Nippon realized it was time to deal with a big problem; passengers were quite literally flushing profits down the drain. One of the big expenditures of airlines is fuel. The heavier the plane, the more fuel it burns.
The House on Profit Leak Hill
Lightning streaks across the black sky as you pass through the rusted front gate of Profit Leak Manor. The mansion before you is dark and ominous, but you believe it holds answers you need. Your friends warned you away: some things, they say, are better left unknown.
A Look at 2020: The Year We All Embraced Change
I’ve been a big fan of remote offices for a long time: most of our team has been remote for the past five years, and this past July we finally gave up our office space altogether and never looked back. But until this year, many people thought our remote-office structure was well, kind of nuts.
It’s a beautiful day in my neighborhood. How about yours?
Your business is your neighborhood. And one element of a beautiful day in your business is a positive workplace culture. When employees feel satisfied with their jobs it can increase effectiveness and productivity. But if most of the days in your neighborhood are less than beautiful, then it’s costing you money. We call that a “profit leak.”
Embracing Groundlessness, an Entrepreneurs Journey
In her latest book, More Myself, Alicia Keys shares her journey towards authentic self-expression. Full of uplifting insights on life’s journey, considering the context of today’s pandemic, this quote struck me as particularly powerful…
Is Your Business Leaking Profits?
Every day, individuals, families, and businesses are supported by people whose roles are critical to our everyday lives, but most of us don’t spare much thought to them. When you turn on the faucet and there is no water, who do you call? Oddly enough, there are times when a business needs these support services like a plumber.
The “Plan B” Virus
According to Dictionary.com, Plan B is a strategy or plan to be implemented if the original one proves impracticable or unsuccessful. It’s the backup plan or the fallback plan or the contingency plan. Having a Plan B, whether starting a business or rebuilding after COVID 19, may seem like a smart move, but in actuality, it is an acknowledgment that your business — Plan A — may not have the full range of resources and attention it needs to succeed.
Hope is Not a Strategy: 6 Action Steps for Business Success
Are you facing more competition or declining profits? Is your business not growing the way you expected? Do you know what you are going to do about it? Just worrying about your business and hoping things will get better on their own won’t change anything. Hope is not a strategy. The reality is that if you want to improve or grow your business, you must take steps to make it happen.
Why do ambitious women have flat heads?
It is no secret that starting a business is an overwhelming endeavor especially when you are a woman. Fortunately, one of the most successful tech entrepreneur’s, Dame Stephanie Shirley, did not let this stop her. For her it is not a man or a woman’s world, it’s simply a world of opportunity.