Tag Archives: Parkinson’s law

2025: The Year Your Business Pays You Back

There’s no better way to spend the last day of the year reflecting on how to nurture our businesses for growth and success. Rethinking how you allocate profits could set you up for long-term success in 2025 and beyond.   One piece of advice I often hear is to reinvest profits back into your business. While that […]

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Investing Profits Wisely: A Guide for Ecommerce Business Owners

As an ecommerce business owner, the decision to reinvest profits is critical for sustainable growth and long-term success. Let's explore why adopting a Profit First approach can benefit your business and how it sets the stage for strategic development.  The Impact of Profit Reinvestment  Reinvesting profits without a clear strategy can create a cycle of [...]
4th quarter key

Profit First and Parkinson’s Law—The Way to Conquer the Q4 Season

To ensure accurate and up-to-date financials, commit to regularly monitoring your numbers and ensuring proper allocation of funds and expenses. Implementing effective systems can streamline this task, requiring minimal time investment. However, if you approach it haphazardly each month, you risk relinquishing control over your time and money to Parkinson’s Law. You’ve heard me talk […]

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Squirrel Funds: How to Build Up Your Savings

We’ve all heard the story about the squirrel who works hard in the sweltering heat all summer long, building a nest and gathering nuts to store for the winter. When the winter weather arrives, the squirrel is warm and well fed. The squirrel was smart and prepared. Do you have a Squirrel Fund? Are you […]

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