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A Focused Niche Is Your Friend
"I don't want to turn away good business." That's what most business owners say when you suggest they specialize. The fear makes sense: if you narrow your focus, won't you miss opportunities? Won't you be leaving money on the table? Here's what I've seen over and over again: trying to serve everyone costs more than it earns. The businesses that grow fastest and most profitably are the ones that got specific about who they serve and what problem they solve. The Real Cost of Be
Jason Medlin
Jul 133 min read


Thinking Like a CFO: The Shift from Recording to Deciding
Most small business owners have a bookkeeper. Or they do their own bookkeeping. Or they hand a shoebox to their tax preparer once a year and hope for the best. What most small business owners don't have is someone asking: "What does this mean for the business? And what should we do about it?" That's the difference between bookkeeping and CFO-level thinking. One records what happened. The other connects financial data to decisions. Backward-Looking vs. Forward-Thinking Bookkee
Jason Medlin
Apr 275 min read
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