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Living a Worthwhile Life

Lead Change Blog

Think about what’s talked about in the endless meetings that happen at work. Participants talk about stock price, earnings per share, revenue, gross margins, sales, operating cash flow, working capital, and the like. Someone who scores high on eudaimonia makes a persistent, committed effort to building on self-knowledge.

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The Ten Commandments of Business Success

Women on Business

Commit the Customer — When customers ask you to expand services or locations, get them to commit more than themselves. For Harper, it was deciding to franchise her business as a practical way to expand, when she could not get working capital, plus be assured of an ownership base that would strictly follow her dictates.

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Entrepreneurship: A Working Definition

Harvard Business Review

With most high-potential ventures, however, founders must mobilize more resources than they control personally: the venture eventually will require production facilities, distribution channels, working capital, and so forth.

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What to Know Before You Sign a Payment-by-Results Contract

Harvard Business Review

recently announced that its members are committing to transform 75% of their contracts into pay-for-performance models by 2020. Finally, some companies have struggled to finance their activities without payment while they work on delivering the results, limiting their ability to innovate too. Making PbR Work.

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What Netflix and Starbucks Know About Cash Flow

Harvard Business Review

Netflix’s ability to make a big bet like this stemmed from its certainty of latent demand—in other words, that people signing up for a monthly service showed a real commitment not only to become customers but to stay customers. This allows you to better manage operating and capital expenses.

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Why Adding More Products Isn’t Always the Best Way to Grow

Harvard Business Review

The newly independent company had to decide whether to maintain its current growth path or commit to something new. Meanwhile the merchant group developed Working Capital, an in-house experiment in small-business lending that PayPal had also started in 2013. The firm’s leaders, convinced the U.S.

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Your Whole Company Needs to Be Distinctive, Not Just Your Product

Harvard Business Review

It became easier and easier for small enterprises to gain customer reach and awareness (along with working capital). In our book Strategy That Works we articulate what those capabilities can look like, how to blueprint and build them, and how to bring them to scale. Our recommendations include: Be skeptical of benchmarking.

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