The question in the headline was directed at the two cousins sitting across from me, who wanted to learn exactly when it’s the best time to sell their business. Their answers were both “No!”. It is one of my several questions to the shareholders of the companies who come to visit us to learn the […]
As I was clearing some of my old stuff I hit on a box full of old watches, mainly inherited from my family. One of them got my attention and I took it to a repair shop. “It is functioning,” the shop owner said. “We just have to change its glass and band. It is […]
A standard piano with 81 keys has a width of about 150 cm. Hence it is possible for composers to write songs for 2 people sitting next to each other. With their 4 hands they can play 20 notes at the same time. Other musical instruments don’t allow for such “comfortable” performance conditions, let alone […]
Kintsugi is the Japanese art of repairing broken pottery with lacquer mixed with powdered gold, silver, or platinum. As a philosophy, it treats breakage and repair as part of the history of an object, rather than something to disguise. If you are a business owner on the road to find a partner, there will be […]
On March 30, 2019, the news channels reported that the American actor, director and producer Nicolas Cage has filed for an annulment just 4 days after getting married for the 4th time. It seems, they could tolerate each other only for 4 days. I don’t know what should be done to prevent such “to be […]
Assume you own a 15 years old business with 10 million Euros annual turnover. There are a couple of companies in your size that you would call competitors. Your market goes through a consolidation period. One of your competitors was bought recently by an international company at 1.4 times its turnover. A week ago you’ve […]
Recently the media reported that the aircraft manufacturer Airbus had announced it would end production of its A380 superjumbo passenger jet after failing to secure orders. It can happen to all companies, small or big. Forecasting sales/orders is not an easy task. Even a company like Airbus, employing about 130,000 people and being one of […]
I said good-bye many times in my life. The Brazilian lyricist and novelist Paulo Coelho says: “If you’re brave enough to say goodbye, life will reward you with a new hello.” When I look back today: Coelho was right. At least in my cases. ☺ I built, grew and sold 5 of my companies and […]
From davidaustinroses.co.uk: “In the early 1950s David Austin set out to create a more beautiful rose. Sixty years on, from a hobby breeder as a young teenager David Austin has gone on to breed a collection of roses renowned across the world. All David Austin roses have beautiful blooms and in most cases wonderful fragrance […]
oxforddictionaries(.)com defines “self-deception” as: The action or practice of allowing oneself to believe that a false or unvalidated feeling, idea, or situation is true. Almost all of the clients that I’ve advised to find a partner for their business were good salesmen; at least they were not bad salesmen. Some sold goods, slow or fast […]
