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Making Money Part 3: Balance Sheets

  This is the third of four articles on Making Money. Making Money Part One: Don’t Let Work Get in the Way argued that ‘Cost of Goods Sold’ activities should come first. Making Money Part Two: Net Profit described ways to use income statements to make more money....

Energy Management is the New Time Management

Time management is a good way to gain control of your activities. Energy management is even better. Both types of management attempt to build self-control. Measuring time allows us to measure ourselves, and that’s an essential activity. In the words of Peter Drucker,...

The Origin of Silicon Slopes

WHY IS UTAH CALLED THE SILICON SLOPES? What do Vivint Solar, Ancestry.com, Qualtrics, Omniture, and Domo have in common? They are all tech start-ups in Utah worth $1 billion or more. The entrepreneurial spirit has swept across California and hit Utah in dramatic...

3 Easy Steps to Evaluate Your Pricing Strategy

A friend of mine was once asked in a job interview to develop a value of a particular chair in the room. My friend proceeded to use different financial valuation techniques, including sum of parts, trying to account for the price of the materials used to make it....

Making Money Part 2

This is the second of four articles on Making Money. Making Money Part One: Don’t Let Work Get in the Way argued that ‘Cost of Goods Sold’ activities should come first. This article will explore how you can use your income statement to make more money. The following...

Brand Valuations & Building Brand Value

Finance and marketing don’t always play well together, but sometimes they’re inseparable. One of those inseparable moments is brand valuation – assigning a dollar value to the identity of a company, business unit, or product line. Placing a dollar amount on a...