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Congratulations Class of 2013
As the clouds parted and the beautiful Texas sky opened up, I watched nearly half of my students graduate from Texas Lutheran University on Saturday evening. Never one to pass an opportunity to give an opinion, I shared some final thoughts with my graduates. Well…..you screwed up….you graduated. Now you have to deal with the “real world.” Remember, I warned you. However, before you go my sincerest congratulations and a few last words of questionable [...]
The CFO’s Sales Role
You may never have thought the CFO a has sales role to play. I think they do and it gets proved to me again and again. I’m about to present a Marketing for Growth workshop. When you get beyond the basics of marketing techniques, it’s all about the numbers. That’s what I will be talking about at my session to get owners thinking about more than FaceBook and Twitter or blog posts. Sales efforts with no [...]
Battling the Bots
Dave Sather’s Money Matters It happened so fast; unless you were staring right at it you never saw it. However, one of our clients, Ted, had been watching. He called our office in a matter of minutes trying to determine if he was imagining things—or, had the market truly dropped 140 points and then recovered all in a matter of 7 minutes? Ted’s observation was accurate. As we discussed the odd trading behavior, news stories about [...]
The Final “C” of Lending – Conditions
Previously, we have talked about some of the things you need to be aware of and pay attention to when you are considering borrowing money for your business. The previous C’s of lending – Character, Capacity, Collateral, and Capital – are all important to a bank when they’re evaluating a loan. The final “C”, Conditions, is no less so. Conditions can come in many different forms and can affect different businesses in different ways. External [...]
The Man With A Plan: Marvin Rush
Dave Sather’s Money Matters It doesn’t take long to see that Marvin Rush is a man with a plan. The founder and chairman of Rush Enterprises actually has many plans. Knowing this, I thought it would be beneficial for my Texas Lutheran University students to spend time with the Texas native. One of the first things Rush shared was his five major goals. He wanted to own a GM dealership, a Cadillac dealership, a bank, [...]