Author Archives: Ken Boyd

Biggest Lesson Learned in the Corporate World

“So- who has some sales that they can close before the end of the year?” Silence. I’ve been working in and around the corporate world for 30+ years, but this is my favorite story. I was selling a corporate insurance/ benefit product to corporations, and I was in a meeting… Read more »

Best Business Deal Ever Made

Huge success requires risk-taking, a well-conceived plan, and the guts to ask for something that may seem outrageous. Here are my best business deals ever, and three great business decisions that led to three of the most successful companies ever. Microsoft and MS-DOS I loved Asim Oureshi’s Quora answer regarding… Read more »

Critical Advice For Startup CEOs

If you’re tenacious- and you’re willing to constantly adapt to change- you can make it as a start-up CEO. If not, you’ll almost certainly fail. Now, that’s a pretty strong statement, but my experience tells me that tenacity and adaptability are the two key traits that a CEO (any CEO)… Read more »

Industries That Generate High Profit Margins

high profit margins

Whoever invented Doritos was a genius. I love my Doritos, and I’d be willing to pay more for them, if necessary. How much more? I’m not sure, but if the price went up 50 cents for a bag, I might be able to live with it. We all have products… Read more »

What is the Hardest Truth of Economics?

Complexity can kill. I saw it 20 years ago, and I’m seeing it today, and it’s one of three hard truths about economic and finance. Here’s what I mean: So I was working out at the gym last November, and CNBC had yet another story on Coinbase, which is a… Read more »

Cash flow tools you must use- even if you’re consistently profitable

“I’m sorry- I’ll have to check with my manager.” Well, that’s odd, I thought to myself. I was in a bank teller line about 15 years ago, cashing a check from a fairly new client. I’d been paid 2-3 time before, but I’d simply deposited the cash at my bank…. Read more »

Little Known Factors That Impact Inventory

  What happened to my cash? This is a common question that business owners ask themselves all the time. Say, for example, that you invest $30,000 in cash into your business. Three months later, your cash balance is down to $10,000. If you’ve been generating a profit, the lower cash… Read more »