three frogs on a log question: how many frogs are on the log when it goes over the waterfall? three...
TRANSCRIPT
Three Three Frogs on Frogs on
a Loga Log
Question:
How many frogs are on
the log when it goes over the
waterfall?
Three frogs on a log approaching a serious waterfall likely to be fatal.One says he is going to swim to the right bank, the other to the left.
The third frog can’t swim…
First-rate people hire first-rate people,
Second-rate people hire third-rate people,
Third-rate people hire ….morons.
Carry the Wounded But Shoot the Stragglers Attila the Hun
You need to know the difference
Hire slowly……
……….. Fire quickly
Hire and Fire based on attitude,
NOT experience
To motivate people to change, don’t promise the new lily pad is going to be better,
burn the lily pad
they are on!burn the lily pad
they are on!
Never shoot the messenger, but understand why the messenger is delivering the message.
Deliver tough news personally. Never sugarcoat it. Good people can handle
bad news.
Hiring someone just like you are as your No. 2 person is the stupidest thing you can do!
Happinessis Positive Cash Flow
Fred Adler
No Margin.
No Mission.
Nun who was a CEO of Catholic Healthcare System
No Margin.
No Mission.
Nun who was a CEO of Catholic Healthcare System
Never fire Never fire anybody anybody
on Friday.on Friday.
Cash is King!A great idea mightmight
be worth a million bucks but
$$1,000,0001,000,000 isis a a million bucksmillion bucks
You might lie to your wife
BUTNever lie to your Never lie to your
BankerBanker
Business is a journey, not a destination.
Message to your board about results: Our business is off
because of the economy (local, national, international,
interplanetary)
WRONGWRONGGreat companies take
market share away from their competitors
in bad times.
SALESSALES
EBITDAEBITDA
PRE-TAXPRE-TAX
Company #3
Started at lower
margin and drove productivit
y.
Three companies that experienced 10% compounded sales
growth for 5 years….
What are they worth?
IT DEPENDS.
