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Why am I doing this again? Running a marathon is a lot like running a business

by Craig Siiro

 When I turned 40, I began reflecting on my life—what I had accomplished and what I hadn’t.

Well, I call it reflection. Others might call it a mid-life crisis.

But that’s not important. What is important is that as a result of this process, I decided I needed to run a marathon.

No, I wasn’t really a runner. And, no, I really had no idea how to go about accomplishing it.

Oddly enough, in the process of pursuing my mid-life cris—er—bucket list item, I learned that training for and running a marathon has a lot in common with running an effective business.

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What do you think of my haircut? (The truth about financial disconnects)

by Karen Turnquist

 There are some questions that nobody likes to be asked.

“What do you think of my haircut?”

 “Do you mind if my parents move in with us for a while?”

 “Do these pants make me look fat?”

 These are the types of questions for which honesty is not always the best policy.

But when clients ask me tough questions, I always respond honestly. Because they ask the questions sincerely—looking for a professional opinion from a trusted advisor—honestly is really the only policy.

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A lesson in business value that changed my life

by Karen Turnquist

Quick question: How much is your business worth?

If you’re like most business owners, there’s already a formula bouncing around in your head: revenues THIS and EBITDA THAT.

At one point in my entrepreneurial life, I was right there with you. I believed business value was simply the answer at the end of a complex math equation. Then came the day I learned the true nature of what makes a business valuable.

And it changed my life forever.

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