Resources to run a better business.

9 months.‍ That’s how long my client gave himself to make the transition.‍He had a key employee who was underleveraged. This team member was “good enough” - but not really.‍ $10 million in business was underutilized as a result. ‍My client has been around long enough to know: as much as he loved this team member, it was time to move on.

We forget sometimes that businesses aren’t just run out of spreadsheets. They aren’t operated on paper. Projections and forecasts and everything else are the data we use to make predictions about how people will behave in the real world. Sometimes, we don’t account for psychological factors in those predictions.

It’s funny. As I look back over the last few months, I see a pattern. Many of these newsletters have been about solving problems: how to solve them smarter, how to solve them faster. How to solve them better. Here’s why: solving problems IS the work of running a successful business.

“Past performance is no guarantee of future results.” It’s true of the stock market, and it’s true for us entrepreneurs, too. While you’re building up a business, the journey feels like a roller coaster. But when you look back on that journey, the path tends to flatten into a simple straight line. In other words: it looks easier once you’ve done it before.

How hard is it to “know thyself?” According to concepts like the Johari Window, your blind spots are the things that are unknown to you. They’re things you can’t recognize as true about yourself. I believe we all have blind spots. But for the most part, our eyes are more open than we think.

Crews & co. is pleased to announce Vishal Sachar and Daniel Heck as the newest additions to the firm’s consulting team!

As I look back over the last few months, I see a pattern. Many of these newsletters have been about solving problems: how to solve them smarter, how to solve them faster. How to solve them better. Here’s why: solving problems IS the work of running a successful business. There isn’t a day when you arrive to a company that operates in a problem-free zone. As long as you continue to grow, continue to employ people, and continue to deal with customers……you’ll have problems.

‍Join Crews & co. and Partridge, Snow & Hahn to learn when, why, and how to structure equity incentives for your team.

When COVID arrived, it had been quite a while since our last “reset.” Teams were trimmed down to retain the highest performers. Companies were right-sized. And, in the case of our clients, they were often better off in the long run.