Blog

BLOG | NEXT CHAPTER

Maximizing Value to Always Be For Sale

When I started Compass Point nearly 20 years ago, I heard a quote from business owner (and my now mentor) Tom Stine, “The only reason to get into business is to get out.” I remember thinking at the time, “That’s a bit cold. Sounds like consultant talk.” But 20 years later, I can honestly say that truer words have never been spoken.

BLOG | STRATEGY

What Sandbox Are You Playing In?

While a sandbox is an unconventional image to describe a facet of your business, it is the perfect analogy. And yes, it should conjure up images of your childhood and time spent in a shallow box filled with sand and, of course, a few toys...

BLOG | STRATEGY

Don’t Lose the House

Why did I leave a comfortable position in higher education to help family businesses grow, thrive, and create legacies? Here’s a little look behind the curtain. I grew up in family business...

BLOG | LEADERSHIP

Generating Energy – Your Success & Happiness Depend on it!

BLOG | LEADERSHIP

Motivational Posters Will Not Get You to Mars

Core Values are a handful of rules that remain constant, a way of being or believing, that your company has in place and lives by every day. These are not concepts that can be “trained” into an employee. They either have similar values or they don’t. It’s really that simple. Core Values are an integral part of your company’s DNA. Here are 3 questions that will test whether you have chosen the right ones...

BLOG | LEADERSHIP

High Performance Re-Mastered: A Focus on Clarity

BLOG | LEADERSHIP

I Was a High-Performance Dud

BLOG | FAMILY DYNAMICS / GOVERNANCE

Do You Have an EMP? It’s Time to Make One.

BLOG | LEADERSHIP

Barely Surviving This Level

What is standing between you and your best? What is keeping you from being your best? What’s holding you back? What to do when your current self is barely surviving?

BLOG | NEXT CHAPTER

What is Your Lifestyle Number?

More often than not, when I ask business owners what their lifestyle number is I hear either “I don’t know” or “I THINK I need (X)”...

BLOG | NEXT CHAPTER

The 8 Family Business Transition Options – Which Will You Choose?

According to a survey conducted by the Exit Planning Institute, a staggering 75% of privately-held business owners regret selling or transitioning out of their business within 12 months of the transaction. How is it possible that owners are so disappointed just one year after what should be the happiest day of their life? There is a disconnect between their head and their heart.

BLOG | LEADERSHIP

Business Value May Start Here, But It Can’t Stay Here

Business value is all about business transferability. That value initially started with you, your hard work, and the relationships you built. Y-O-U. But the value can't stay with you. Why? Because the more transferable your business is, the more value it has.  And that comes down to one question: “Can your business run without you?”