@colonelwhiffy
@gtconway3d
It's hard but it can be done on election day. Support down ballot Dems - not just presidential candidates. And even if you don't like Dems, the survival of the country depends on it.
@MicroSFF
I think is was Kurt Vonnegut who said something to the effect of "We were put on Earth to fart around & don't let anyone tell you different."
@SamWangPhD
I believe ~40% voted for Herbert Hoover in the midst of the depression. & If you read
@Teri_Kanefield
you'll find ~40% of ppl want to follow an authoritarian leader.
My step daughter (who's now in law school) was going through some old school papers. In 3rd grade she had to invent a new law. She came up with
#UniversalIncome
. That was in 1999.
@scottsantens
check it out.
One thing I learned as former Medicare Administrator is many people describe the day they qualify for Medicare as one of the happiest days of their lives.
@JRubinBlogger
@TheRickWilson
No not because of Barr. He did the job he was hired to do. Because the media forgot that and reported what he said as news rather than PR in service to his boss.
The BEST book I've ever read on management (and I read a lot) is The Manager's Handbook by David Dodson.
It will take at least a year if you do it right.
WHY? Because every page is actionable. It's a handbook, a how-to, a reference book to improve your management skill ...1/2
@pjmcgovern4
@benjaminwittes
Depends on the state. In Pennsylvania see It came from the League of Women Voters & Common Cause. It works toward amending the state constitution so district maps will be drawn by citizens not legislators. That's how most countries do it.
@unsexy_biz_guys
@sweatystartup
Govt control is pretty much what makes something a currency. Check out Debt - the first 5,000 years by David Graeber & the issue of Bloomberg that Matt Levine wrote on Crypto. Remember it was basically impossible for US citizens to own gold till 1974.
@housleyd
I made dinner for my (now) wife on our first date. She told her neighbors my address and they said if she wasn't home by midnight they'd call the cops. She was. That was 25 years ago.
@pmohme
@msuster
I disagree - especially for a startup. GM is a function of unit economics. EBITDA is a function of volume. If you have good GM you can scale, if not you're toast. If you have bad EBITDA there could be many causes and possibly solutions.
If you want to scale your company you have 2 choices.
1 - find a never ending supply of great people
2 - develop systems that can produce great results with normal people.
@Camp4
It's easy to notice headwinds but hard to feel tailwinds. Some are our characteristics (beauty, brains, natural skills) others are our birth circumstances. I'm a white, straight, male born in mid-20th century America to middle class parents. Doesn't get much luckier than that.
@LeadershipAcad1
We don't break down our cost - it's a fixed bid not an estimate. But if it doesn't fit your budget perhaps we can adjust the scope of work to something you'd like better.
When doing a systems inventory for a company, I ask each person how they know if they're doing a good job. Then I ask how does their boss know Then I ask the boss how they know if their ppl are doing a good job. The answers give a good idea how robust the company's systems are.
@MatznerJon
I think parents are farmers not sculptors. You can't always create the child you want. Learn who they are and nurture that. You can set them in a good environment. Peers have more influence than you think. Choose schools & neighborhoods wisely.
@Anne0304OK
@conradhackett
In Holland college students can get free housing in some senior living centers in exchange for companionship tasks. I bet the benefit is more than financial in both directions.
Life tip for people in their 20's & 30's who want to get ahead. Manage where you get your dopamine hits from. Get them from productive activities. Hint - not sports betting. If you don't manage it you're at the mercy of those who will.
@SteveWiesnerSMB
May I remind you, sir that this is twitter. You must see things in black or white in ways that apply to everyone with no nuance. I don't make the rules.
@JoanAlker1
When I was an employer we hated advertising for openings because we got so many people just applying to make an unemployment credit. We hired from people we knew as much as possible so we didn't have to advertise. This will make that worse too.
@VanderHead
@ezraklein
Every time I've tried to comparison shop, nobody could tell me the cost. Providers say ask the insurance company & they say ask the provider. So there's that.
Output Thinking is now live on Amazon - kindle and paperback. It includes 20 exercises for your CEO Time - ways to work ON your business. Also links to extras - handouts and videos. Check it out. link in the next post.
@julepandme
@chrislhayes
The phrase pro life was always propaganda from the anti-abortion faction. The media bought into it years ago and it stuck. Same problem w "believe in" evolution or global warming. One doesn't believe in them any more than one does gravity. Can deny them though.
Had a win today. A client who has karate school and we've been working on systems - particularly for training instructors. He said the latest batch of instructors took the least amount of training from him directly and are the most compliant to his company standards. 🔥
Imagine a flashlight being moved around inside a dark attic. From the point of view of the flashlight the entire room seems well lit.
Ppl have a tendency to see the world like that & assume what what works (or doesn't) for them works (or doesn't) for everyone. Then we post on X
When you're making big changes to your business: restructuring, new business models, getting procedures out of ppl's heads into documentation - progress won't feel linear. You can do 90% of the work & see 0 progress. Then BOOM it all comes together in that last 10%. Keep going!
@LeadershipAcad1
1st congratulations! 2nd, so much good stuff in the replies. What I haven't seen mentioned relationships with external folks - customers, vendors, suppliers. Connect w them so the connection is w the company not a person who may leave. Esp relationships w seller if they're going
Folks are looking for a plug & play solution (EOS, Scaling up, Morning Routine, Diet) but nothing works for everyone & NEVER right out of the box. Yes there is science to running a company (& life) but it takes art/adjustment as well. Don’t follow blindly – learn & adapt
Lots of new followers–time for a reintroduction
A biz owner my entire life: One firm I ran from 1,500 miles away–in the ‘90s. Now I’m mostly retired but don’t own a boat so I keep helping SMB owners systemize to live better. More + link to a free coaching session & my book in bio
@normative
It's almost like you can't write enough laws to counteract bad people. One flaw in the constitution is there is no reset button when too many bad people get in power. I'm looking at you Mitch. Parliamentary systems have a reset and don't give the minority as much veto power.
Every KPI should have a lever. I see clients with too many KPIs. When I ask what will they do about them they often don't know. Is it just FOMO?
Every KPI you track should have a lever someone can pull to adjust it if it's headed in the wrong direction. Or don't track it.
I see ppl living in a house for 15-20 years. Then spend $ fixing it up for market 3 months before they sell. If they'd spent that $ years sooner they'd have enjoyed the house more & had it market ready. Walk your house & list what you'd fix.
NOW do that for your business💥
@mattyglesias
Goal of capitalism is to sell more stuff to more people. Goal of healthcare is that people don't need what you provide. Seems like there's a bit of incompatibly.
Business is emotional. Customers act crazy. Employees disappoint or worse, betray you. Vendors & banks don't respond. Govt agencies seem to target you directly.
Your super power is to be able to acknowledge your emotions & detach from them so you can keep on going.
@benjaminwittes
@JamesMAstill
This point indicates that the Republicans are more dangerous than the Russians. "Yet any damning verdict on Mr Trump by Mr Mueller would be effective only if there is political will to enforce it."
Working Capital definition from a guy w/ no accounting background. A biz buys something (inventory or labor) & turns it into something to sell for profit. Takes time till they get paid. Working capital is the $ it takes to run the biz during that time.
How wrong am I?
@drvox
Years ago I read an article about this. Had a quote from a convicted murder on death row. He said he was beaten as a child "But I turned out alright." A guy on death row.
Ask ppl to explain IN THEIR OWN WORDS how they'll know if they've done a good job. You'll know if you've done a good job explaining the outputs you expect to see.
Can you imagine how much this improves performance reviews?
Hey
@WilsonCompanies
Here's an exercise for
@HoldCoConf
If I gave you $10k, $100K or $1M (pick your number) to invest in one of your companies, how accurately could you predict the timing of when it would generate ...
@Ocasio2018
I had a client who left investment banking to start his own small company. He told me he cd analyze the numbers to decide whether he shd buy an insurance company BUT the analysis of which plan to buy for his 15 employees was too complicated.
@rcoh23
@mcuban
Most conspiracy theories fall apart when you think about the number of people required to be competent, coordinated, and quiet for it to work.
@JoyAnnReid
@HuffPost
Notable is that the shooting stopped (either because of reloading or a jam) and that allowed Shaw the time to wrestle the gun away. If large magazines were banned more people wd be alive.
Management tip of the day. Keep a notebook of things your people do well. Jot down the date, time & specifics of what you noticed. Not just outstanding stuff but also just doing a good job. Let then know in real time PLUS look it over before performance reviews.
@EamonJavers
Farm technology put a lot of people out of farm work - perhaps not as quickly. But we needn't "find uses" for the unemployed. We can just tax the financial efficiencies of tech, give people money to stay alive and be part of the economy and they'll find their own uses.
#UBI
What I like most about SMB Twitter is the ability to get to know people over time through what they say or don't say. Then to engage with them in a way that feels genuine. The ability to gather a large follower base is key to this. A 🧵⬇️
@SMB_Attorney
Give up who you think they should be & learn who they are & who they're becoming.
Give them names for the emotions they feel. Let them feel & express whatever they're feeling. But teach the difference between feeling & appropriate action.
@TheSteveHolzer
@AlexBerenson
The fact that vaccines are a good thing and prevent severe disease and minimize even mild cases is not the same as saying they lead to herd immunity.
Business deals are sexy but the money is in ops. If ops aren't working or scalable the value of the business in your deal goes ⤵️
I don't know who needs to hear this.
@CxEnsign
@paulkrugman
Investment doesn't --> jobs. Corp profits don't. Businesses are not job creators. Adding payroll is the last thing a biz owner wants to do. Only does it when necessary to meet customer demand. Demand - mostly of a healthy middle class - creates jobs.
@waltshaub
@TheRickWilson
One of the lessons has been how routinely white collar crime goes unprosecuted. Also political crime like lying to Congress and campaign violations. Don't get me started on election fraud done by election officials, not voters.