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Expense Audits
I think I’ve mentioned my company’s cash-flow crunch. At a meeting this week, another business owner quoted her mentor “if you haven’t had cashflow problems you haven’t been in business”. I’ll draw solace from that. Instead of throwing 100% of my efforts into fixing this problem, I have to divert attention to dealing with retired…
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Cashflow mayhem
MYOB sucks! Alternatively, my MYOB skills are severely challenged ;). The company is coming out of its traditional New Year’s cashflow crunch. Our sales in January and February normally represent about 6% of annual sales. As a result I’ve been monitoring our cashflow more closely than normal. Making payroll and paying suppliers is a good…
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Communication Technique
One of my distributors got angry at me today. Actually, my phone manner pissed her off. Specifically, she said the way I “hmmm’d” while she spoke sounded like I was eating an apple and reading a magazine. At the time I was trying to make her feel heard (!). In a dispute use the communication…
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New Wealth Esteem Category
I’ve decided to create the new category where I’ll blog about the stuff that fills, wastes and fulfills my workday. Stay tuned for: Succession Wars; Distributor disputes; Cashflow mayhem; Empowering staff to build a great company. There is also: Tantrums and hissy-fits; My failed clean-desk policy. And that was just today!
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General Update
It turns out some of my friends check this blog to see if I’m still ok. Taking over the company and turning it around has consumed most of my waking hours. However I will probably go to the Somersoft forum lunch at Phillips Foote in the Rocks this Sunday. So I’m thinking of documenting my…
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Dangerous forecasts
I caught myself making a dangerous forecast this morning. CNBC’s anchors were speculating on the length of the war in Iraq. I expect a short war and my attitude was reflecting it. “No way this thing will drag on for months”, thought I. How many times do I remind myself to deal what what is…
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Applying for a loan
Last week I was talking to an couple with a nice portfolio of investment properties and direct shares. They had just financed their latest acquisition after a mountain of hassles. For smart people they were stuck in an eighties view of finance. They called their bank and got rejected. They then called a friend’s finance…
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Maintenance outage
A password resyncronisation problem led to the site being off-line between 23:30 24-Feb-03 and 13:00 25-Feb-03 AEDT. Sorry about that. If you connected to the outage you may need to click refresh on some pages to clear your cache. But if you can read this then you probably don’t need to. 😉 If you have…
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Property Myths Exposed
This article by Peter Thornhill for Westpac’s Online@W was challenging. Peter used to be General Manager of MLC and is definately biased toward equities. Westpac really should admit their marketing bias in presenting these stories too. I ‘d like your reactions to the article as well. I actually agree with the Peter 100% on the…
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e-mail subscription service
I am trying to get a email notifier working for Wealth Esteem. That will allow guests to be notified when an entry is made here. Is this something you would find useful? Comment below.