Tag Archives: Business Strategy

Keep Pedaling When You Most Want to Coast

When cycling to the top of a big hill, it is tempting to coast down the other side.  However, I have found that in business it is important to keep pedaling when you most feel like coasting.  It is often those investments made in a… Continue reading

Buying a Business: Raise Money for the Search or Not?

Search Funds Last week I had a nice conversation with a mid-career person looking to buy a business.  He was contemplating using the “search fund” model to find and buy a business.  As a brief background, a search fund is a model where an entrepreneur… Continue reading

Chart of Most Profitable Industries — Increase Your Odds of Business Success

Profitability Differences Building a business is a lot of work.  Thus, it makes sense to build your business in an industry where the fundamental dynamics are a little more in your favor.  Or, evolve your business to improve its fundamental characteristics by studying the best.… Continue reading

“Strategy Follows Structure” — John Bogle on Investment Funds

Investment Fund Structures “You are what you eat” is the common phrase about nutrition.  With investing, I think a corollary should be “you are where & how you get your capital”.  This is particularly true with any type of investment fund as John Bogle, the… Continue reading

Economies of Scale — Fundamentals Through Graphics

The Experience Curve Revisiting fundamental business concepts is helpful.  Old concepts often have new meaning when viewed after new experiences.  Or, as we say at the school where I am a co-owner, “See it with today’s eyes and hear it with today’s ears.” One important,… Continue reading

Elusive Moats of Competitive Advantage — Definition by Morningstar

Moats of Competitive Advantage Investors look for “moats” or competitive advantages that create more certainty and more growth in revenue and margins.  In managing or investing in businesses, it is helpful to understand what moats other companies have been able to build and why.  This… Continue reading

Business Owners Benefit from Good Ideas from the Edge

Happy Anniversary to the Stockman Grass Farmer newspaper and Wired magazine — 65 years for the Stockman Grass Farmer this month and 20 years for Wired magazine in January (but issue 1.1.1 released this month for the iPad).  At certain points in time for me,… Continue reading

Three Cheers to the Lazerows and Buddy Media

I love my job (if you can call it that) because I get to work with excellent entrepreneurs and business owners.  They are inspiring people with the optimism to improve the world, the bravery to double down on the roller coaster of the inevitable ups… Continue reading

Business Strategy Plans Not Working? – Top Down vs Bottom-Up

Business Strategy Plans Business strategy, in my opinion, usually develops over time rather than being a master business strategy plan from the CEO. It is often tempting to think that we can devise a master business strategy plan and then focus on executing that strategy.… Continue reading

Real Leadership Lessons of Steve Jobs – Harvard Business Review

In this month’s issue of the Harvard Business Review, there is a nice article by Walter Isaacson titled The Real Leadership Lessons of Steve Jobs that is worth reading.   As you know, Walter Isaacson is the author of the recent biography titled Steve Jobs and he provides… Continue reading