How to Hit the Rule of 40 in Your Business
Do You Hit the Rule of 40? Have you heard of the Rule of 40? Since the mid-2010s, venture capital firms have used this rule of thumb to evaluate SaaS companies and other recurring revenue businesses. These types of businesses often operate at a loss in the early years while investing heavily in building their […]
How Building People Builds Your Business
Pour Into People to Get Results I recently spoke with a business owner acquaintance who’s been frustrated with her team for some time. “My competitors are catching up, and we lack a sense of urgency and initiative,” she said. I wondered how it was possible that all her people lacked drive. She’s been in business […]
Are You Ready to Do Hard Things?
Steve Jobs famously said, “Simplicity is the Ultimate Sophistication.” No doubt, keep things simple if you can. However, the opposite can be equally useful. I stumbled on this idea while chatting with a guest on a recent episode of the Management Blueprint podcast. We were talking about the perils of complexity when he turned the […]
Why Deciding Can Be Tough
Do you ever get frustrated when people can’t make up their minds and leave you hanging? Sometimes a bad decision is better than no decision—at least you can pivot and course-correct. Yet people still hesitate. Why not just pull the trigger? Turns out, decision-making is hard work. It’s mentally taxing, whether we admit it or […]