≈ The Real Value of a Company – The Lesson of The Susquehanna Hat Company ≈ ∞ Leadership and Building a Business, AI Aside ∞ Anybody ever heard of the Susquehanna Hat Company? Yes, I understand you have to be older than dirt and I understand even if you are that old, you still have to possess a certain sense of humor to have heard of it. The Susquehanna Hat Company made, well, hats, but the people that owned the company weren’t nice. Abbott and Costello presented in a clear and concise manner what happens when a company doesn’t do things the right way. Click here for that classic routine and the context of this Blog. (And please remember, it was the 1950’s…). So, what’s the relevance of an old vaudeville comedy routine to the real value of a company? Actually, it’s simple. Value reaches deeper than numbers. The Harvard Business Review provides a textbook description of how to determine the value of a company. There are formulas examining cash flows, marke...
≈ Can We Take Down the For Sale Sign on America? ≈ 🎵 This Land Is Our Land 🎵 I’m told to avoid politics here. Not because I don't have opinions, I have enough opinions to make pretty much anyone uncomfortable about anything, but this Blog’s mission statement is to be “foundationally committed to supporting a lifestyle centered around mindfulness, selfcare, and being active”. But every once in a while something wanders out of the political world and into the mindfulness, self-care, and active-lifestyle neighborhood. When that happens, it's hard to pretend it doesn't live next door. So, throwing caution to the wind, here's my opening question. Raise your hand if you think ordinary citizens should have more influence over which people represent them in our government than Political Action Committees, nonsensically wealthy individuals, and corporations. Every Dog Deserves Their Own Spot I'll wait. Take your time. Don’t rush. Think about it. OK, raise your hand...