Everything you need to know about setting up, managing and growing small businesses. Veterans, as well as newbies share their stories and valuable lessons.

About eleven years ago I wrote some tips for a business publication to share some of my thoughts about what I had learned in my first fifteen years in business.  If you do the math then you will know that the business is now over 25 years old. As I was going through some old files I found the article again.

Year-end is just around the corner for those of us that close out the year on September 30th. That means it’s time to assess our accomplishments and reward employees for their work. Assessing the business for me is not just about growing the top line, although that is critically important. But there are other measures we need to consider.

Many financial planners suggest that you should adopt savings habits by “paying yourself first”. This means that you should save first, and spend afterwards. Well what if you applied this basic concept to a more valuable commodity in your life than money, time? What if you “planned yourself first” and knew when your rests and time off were coming a year in advance? Would you be able to sprint to those rest periods with better form and style? Would you be able to accomplish more results in the sprint periods knowing that a rest (and probably a well planned quality rest) was coming?

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