Thursday, May 1, 2014

enjoying life

One of the most enjoyable states of being is "flow"... when a person is doing something he's good at.
Flow feels natural, as time effortless slides by, accompanied by a satisfied feeling of competence.
Flow only happens when a) you're good at something and b) you're doing it

therefore, if you want to enjoy your day, get good at some things you can do every day, and do them every day.

Thursday, January 30, 2014

Stuff you should always know about your business

There are the things that any business leader should know about his/her business.  If this information isn't available to you, right off the top of your head, you need to memorize it ASAP:

PNL
Current / Historical
  1. ASPs
  2. Margins
  3. Spending trends
Proforma
  1. Forward Looking Financials
  2. Impacts of risks/opportunities
    1. Top 3 risks
    2. Top 3 opportunities
Investment Profile
  1. Spending by year
  2. Headcount by location by job type
  3. BTI and details about why
Business Value
  1. NPV
  2. Sensitivity / Tornadoes
  3. Top 3 risks/opportunities
Customer Forecasts
  1. Volume and revenue
  2. Probability of win
  3. Ranges on estimates