It’s an expression used throughout much of the English-speaking world to describe the tendency for people to compare themselves, their wealth, and their social statuses with their neighbors, friends, and colleagues. The roots of the saying may go back to the excesses of the Gilded Age as chronicled by the famed writer, Edith Wharton. Wharton knew what she was talking about.
Dec. 14, 2021—Successful entrepreneurs sometimes have unrealistic expectations when selling a business. Rather than consider the actual merits of the company, they may seek to meet certain unattainable standards that they view as important.
If you’re considering exiting your business, you’re not alone. But before you take such a big step, it’s wise to make sure you’re ready. Take time to think through these three important questions and plan carefully to prepare for what comes next.Are you ready to make an exit?Many business owners went through a financial crisis in 2008, weathered the pandemic in 2020, and simply aren’t interested in managing their businesses through another potential economic crisis.
May 14, 2021—Smart entrepreneurs leave little to chance when selling a business. Rather, they arm themselves for “battle” with experienced M&A team members, an in-depth knowledge of the marketplace, and savvy negotiation tactics.
“Damn the torpedoes, full speed ahead!!” There may not be a more iconic statement of the American can-do spirit. Bellowed by Admiral David Farragut on August 5, 1864 while exhorting Union naval forces in the attack on Mobile Bay, his words still resonate nearly 160 years later as a unique national expression of resolve in the face of a challenge. Today, it’s not surprising to hear this catchphrase—or some likeness of it—in sports, politics, and, most especially, the business world.