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Management
Management
Overcome Your Fear of Money
Let’s pretend a stranger walked up to you, handed you $1,000, and said, “All you have to do is give me $200 back.” Would you do it? On paper, it makes perfect sense. You’d make $800 instant profit. Why wouldn't you do that? The fact is, though, most of us would NOT go through with it. We’d look at the cash in our hand and question it. We’d challenge it, because deep down, we’re all innately afraid of money.
Management
Three Inalienable Responsibilities of a CEO
I read a post recently that said a CEO has only three indelible roles: Choose the direction of the business, Get the right people on board, and Keep the cash flowing. I struggle to find anything wrong with this simplification. Let me break it down.
Management
The Truth About Selling Your Business
In small business, Merger & Acquisition activity is typically more about emotion than math. Negotiations are messy and valuations are lean. We hear about the success stories, but most of the time the results are disappointing. If your small business is also your retirement plan, read on.
Management
A Primer for Reluctant Leaders: What Are You Searching For?
Leaders tend to find what they are looking for. Good leaders find good things. Bad leaders find bad behavior. Bad leadership is incredibly easy to implement. Once you start, it has a way of perpetuating itself. Keep looking: you will find more mistakes. In my consulting practice, I hope to find a few process mistakes that are easy to fix: Do this, not that. There, isn't that better?
Management
Business Progress 1.0
Company makeovers have become a mainstay of my consulting practice, but not all makeovers are created equal. Ignorance may be bliss, but not understanding where your company is in its progress can lead to critical failures.
Management
If You Fix It, It Will Break Again
As a young manager, I made all the best mistakes. It seemed perfectly natural to blame people who made errors or exercised poor judgment and 'hold them accountable.' It rarely worked. The mistakes kept happening.

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Since 2006, Tom Stimson, owner of The Stimson Group, has worked with over 200 AV companies and organizations on business strategy, process, marketing, and sales.

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