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Business Quotes by Sam Walton
“All of us profit from being corrected – if we’re corrected in a positive way.” “And like most other overnight successes, it was about twenty years in the making. ” “Capital isn’t scarce; vision is.” “Celebrate your successes. Find some humor in your failures.” “Commit to your business. Believe in it more than anybody else.”
What Does Your CLTV CAC Ratio Tell You?
Most businesses that have hired business consulting services firms believe that business consulting professionals’ focus on business metrics sometimes borders on obsession. They may be right. One such obsession of mine is the ratio of Customer Lifetime Value (CLTV) to Customer Acquisition Cost (CAC). Although this ratio was initially used chiefly amongst Software-As-A-Service companies, many
Business Quotes by Stephen Covey
“Above all, success in business requires two things: a winning competitive strategy, and superb organizational execution. Distrust is the enemy of both. I submit that while high trust won’t necessarily rescue a poor strategy, low trust will almost always derail a good one. “ “Admission of ignorance is often the first step in our education.”
Structure Your Board of Directors for Effectiveness
The Board of Directors, or BOD, is a governing body comprised of a group of individuals elected to represent a company’s shareholders. Every public company must have one. Many private companies, including most of those with external funding, do as well. The BOD represents both the management of the company and the shareholders’ interests. Members
Business Quotes by Ken Blanchard
“A clear purpose will unite you as you move forward, values will guide your behavior, and goals will focus your energy.” “An effective leader must step back, look at the big picture, and make sure the important things are not being pushed out of the way by the seemingly urgent needs of the moment.” “An
Know and Manage the Peter Principle
The Peter Principle definition The Peter Principle is a management concept which observes that, in a hierarchical organization, employees tend to be promoted from position to position based on their success in their previous role, until they reach a position at which they are no longer competent. At that point, they typically stop being promoted
Business Quotes by Dale Carnegie
“A person’s name is to that person the sweetest and most important sound in any language.” “Actions speak louder than words, and a smile says, I like you, you make me happy, I am glad to see you.” “All men have fears, but the brave put down their fears and go forward.” “Any fool can