Give Me Neither Poverty nor Riches: Lessons from the FTX Debacle

Two things I asked of You, do not refuse me before I die: keep deception and lies far from me, give me neither poverty nor riches; feed me with the food that is my portion, that I not be full and deny You and say, “Who is the Lord?” or that I not be in want and steal, and profane the name of my God. (Proverbs 30.7-9...
Turnarounds

Turnarounds

In business, from time to time you’ll hear the word turnaround, as in “this business is a turnaround.” You might be wondering what a turnaround is and why they take professional help to be successful. If so, you’re not alone. In this post I’ll discuss turnarounds and the things you need to know do avoid one in your own business. What is a “Turnaround”? I define a turnaround...

The Emotional Price Business Owners Pay When Their Business is Failing

The companion podcast is here.The companion videocast is here.The companion PDF slides are here. No one said building a company is easy. But small business owners find it difficult to be honest about how brutal it really can be and the emotional price so many of them secretly pay. At one time or another most small business owners will find themselves on the brink of financial ruin....
Twelve Warning Signs Your Business is Headed for Disaster

Twelve Warning Signs Your Business is Headed for Disaster

Most entrepreneurs have several characteristics – among the more prominent is a level of confidence – some would say arrogance – that enables them to believe they can beat the odds when taking a risk and win. Most of them are pretty good at what they do – they are competent at a trade, skill, craft or they have a novel idea that can be monetized. In the early...
Debt and Lending

Debt and Lending

Debt and Lending is a difficult subject to address adequately. What follows is lengthy. But if you take time to read through it, I believe you’ll have a better idea about what the Scriptures command concerning debt and lending. What is Debt? R.C. Sproul has written one of the best books I’ve ever read on economics. Coming from a theologian, this is remarkable. I’ll quote from his chapter...