Tag: goal seeking

Does Your Financial Plan Require Drama


Are you emotionally attached to your financial plans? Probably. Should you be? Harder to know that. For now, let’s say “Yes” but only to a small degree. You should be emotionally attached enough to pay attention, listen to advice and act on the decisions… Continue Reading “Does Your Financial Plan Require Drama”

What Customers Value


Customers value many things.  Comfortable chair, good lighting, phone calls returned, reports written in their language, reasonable competence, regular reporting, and on and on. These are like symptoms.  They are what they see.  They are not the driving force of satisfaction. If you don’t… Continue Reading “What Customers Value”

Is There A Bengal Tiger On Your Front Lawn?


Probably not. But should there be one, action is required, immediately.  That is unlike the need for immediate action on your financial plan. There appears to be no danger to leave it. It is not at all like the tiger out there. Most people… Continue Reading “Is There A Bengal Tiger On Your Front Lawn?”

Frustration Is A Useless Emotion


Sometimes wisdom comes from unexpected places. Like the title above. Last spring I watched the Stanley Cup playoffs and in particular the Nashville Predators. I watch them because Mike Fisher is from Peterborough, I like his uncle Dave and father Jim and because Mike… Continue Reading “Frustration Is A Useless Emotion”

What Business Are You In? II


“What business am I in?” is the most important single question you can ask yourself.  If you fail to get this right you will spend time working against your customers rather than with and for them.  Not because you do wrong things, but because… Continue Reading “What Business Are You In? II”

How Much Should Gold Sell For?


J.P. Morgan is reputed to have said, “A thing is worth what it will fetch.”  That seems objective.  Nonetheless, there are two fundamental premises that underlie the statement. Those premises may alter the statement’s “meaning” for you. “What it will fetch” is a synonym… Continue Reading “How Much Should Gold Sell For?”

Liveware Fails


A computer systems designer’s view of the world is that the hardware works, the firmware works, and the software works. It is the liveware that causes the problems. It is not so different when it comes to investing. We are all, every one of… Continue Reading “Liveware Fails”

What Is A “Good” Financial Plan?


I have been trying to understand the point of a financial plan for the last month or so. I have come to the conclusion that only a few people know and I am not certain that I am among them. I have talked to… Continue Reading “What Is A “Good” Financial Plan?”

Catch-Up Is A Bad Goal


Humans are goal-seeking devices. They plan and execute flawlessly when permitted. Because they are so good at achieving goals, it is crucial that they have the right ones. Many of us have coached children in sports. We are familiar with the condition of catch-up… Continue Reading “Catch-Up Is A Bad Goal”

Goal Seeking


Eleven years ago, Jim Collins wrote a book. “Good to Great: Why Some Companies Make the Leap… and Others Don’t.” Its premise is that it is easy to be satisfied with good. Progress towards great stops once success has been achieved. In his words,… Continue Reading “Goal Seeking”

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