This comment, which runs counter to much of what has been posted so far, comes from Lou Mosca, who runs management consulting firm American Management Services (technical difficulties prevented Lou from posting it himself):
I think owners should share with their significant others, should have an objective sounding board….and strictly as…
This comment, which runs counter to much of what has been posted so far, comes from Lou Mosca, who runs management consulting firm American Management Services (technical difficulties prevented Lou from posting it himself):
I think owners should share with their significant others, should have an objective sounding board….and strictly as a sounding board!...Had a client many, many years ago, pre my current role, that had a $10 mill construction company in NY. He never shared anything with his spouse but they spent on lavish vacations, big home, fancy cars…lavish!....One morning, he came down for coffee about 7am and told his wife to pack her most precious belongings because marshals were taking their house in one hour. Maybe, just maybe, if he had been open with his spouse about the direness of his situation 6-12 months prior, the situation would not have spiraled out of control. Bottom line: while independent business owners truly do not want to be held accountable to anyone, reality is, accountability is a good thing and can save you from making poor decisions!
This comment, which runs counter to much of what has been posted so far, comes from Lou Mosca, who runs management consulting firm American Management Services (technical difficulties prevented Lou from posting it himself):
I think owners should share with their significant others, should have an objective sounding board….and strictly as a sounding board!...Had a client many, many years ago, pre my current role, that had a $10 mill construction company in NY. He never shared anything with his spouse but they spent on lavish vacations, big home, fancy cars…lavish!....One morning, he came down for coffee about 7am and told his wife to pack her most precious belongings because marshals were taking their house in one hour. Maybe, just maybe, if he had been open with his spouse about the direness of his situation 6-12 months prior, the situation would not have spiraled out of control. Bottom line: while independent business owners truly do not want to be held accountable to anyone, reality is, accountability is a good thing and can save you from making poor decisions!