Money15 Videos

Return on Investment

What’s the difference between someone who says they want to make money and makes it, versus someone who says they want to make money but doesn’t make it? You may remember I posed this question to a group of high school students in an episode of Daily Genius. I’m repeating it here because it illustrates […]

Short Term Pain Mitigation

Keep your hands off that marshmallow. Here’s a quick explanation if you don’t know what I’m talking about: in the 60s there was an experiment done at Stanford involving delayed gratification. A group of children were each given marshmallows and told that, if they resisted the temptation to eat them immediately, they’d get another. Later […]

Don’t Abdicate Your Accountability

You can’t hide from your money. I have nothing against book keepers or accountants, but I think a lot of business owners abdicate to them much too early. Your cash flow is the life-blood of your business. Your financial data is the foundation of your strategic planning. Knowing your numbers is mandatory to effectively run […]

Put Your Money to Work

One of the themes that emerged at one of our recent Command & Conquer workshops was the question, “what exactly do I want in my life?” It’s easy to get carried away. Most of us tell ourselves and others that we know EXACTLY why we do what we do. But that couldn’t be further from […]

The Offer Roundtable

What do you have that the market wants? Any entrepreneur (or prospective entrepreneur) needs to know the answer to that question. After all, the core of your business is selling your offer – if people don’t want what you’ve got, you don’t have much of a chance of making yourself sustainable. Which is easy to […]