Entries by Cary Matthews

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Cash in the bank

Having cash in the bank doesn’t mean your business is making money. I’ve worked with many business owners who closely manage their cash flow and bank account balances. That’s great. I do the same thing both for my personal and business accounts. Unfortunately, some stop there. That’s a mistake. I’ve met business owners who have […]

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Culture Matters

I recently received an email from a new vendor telling me they were going to miss an appointment. I couldn’t have been happier. Not the usual response, is it? The vendor was making a schedule change for all clients due to weather conditions. They informed me of the action they were going to take so […]

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Fractional COOs and Swiss Army Knives

Fractional COOs are the Swiss Army knives of the fractional executive world. “Operations” means different things to everyone and each industry. Because every client has different needs, we must have lots of tools at our disposal. We also have to be flexible in scope and deliverables. Some business owners need to delegate tasks they don’t […]

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Act now

The hill was more than I bargained for.  It was a struggle and I should have realized earlier that is was time to act now. I had all kinds of excuses: the weather was bad.  I didn’t have time.  It could wait another day.  I had other plans. No, I wasn’t hiking up a steep […]

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Facing change

Sometimes you initiate change, and sometimes it is forced on you.  Regardless of how you got there, you must deal with it.  Facing change isn’t always easy or wanted. Key employees leave.  New technology disrupts the market.  Your exit strategy or timeline changes.  Maybe your business has grown beyond your capacity to manage it all […]

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Turn ideas into reality

Business owners can be idea machines.  Your business started as an idea, and ideas keep the business fresh and relevant.  By themselves don’t accomplish anything unless you turn ideas into reality. Unless you can accomplish something by the stroke of a pen, you have to dedicate time, staff, and resources to a project to bring […]