Spreading Vision

One of the biggest challenges of running a company is making sure everyone shares the same vision.  Getting everyone moving in the same direction is worse than herding cats.  Each person has their own perspective on how things should be run and usually they don’t have enough information to see the big picture.

Wall Street Excess: Government Sponsored

You hear about the multimillion dollar annual bonuses given to Wall Street employees?

That’s your money.

The most popular form of paying private equity firms is a concept called “2 and 20”. What it means is that these firms get 2% of the total investment each year AND 20% of the profits. No self respecting private business owner or manager would ever agree to such obscene terms.… read more “Wall Street Excess: Government Sponsored”