The Best Time to Plan is When Things are Calm

By Bob Stewart I’ve been thinking a lot about my own mortality lately. That’s probably because a number of people close to me have died. We so easily forget that the circle of life on this planet far too soon will no longer include us. Tempus fugit. In the context of advising business owners, this realization reinforces for me the importance of planning ahead. Prepare […]

9 Warning Signs You May Need Help

By Bill English, Partner Most entrepreneurs have several characteristics. Among the more prominent is a level of confidence – some would say arrogance – that enables them to believe they can beat the odds when taking a risk to win. Most of them are pretty good at what they do: They are competent at a trade, skill, craft, or they have a novel idea that can be […]

Four Steps to a More Rewarding Life

By Steve Coleman, Partner We are entering a new season, a break from our challenging pandemic years… but not so fast: Now there is the omicron variant, and the growing realization that there may continue to be additional variations of COVID coming at us in the years to come. In the face of non-negotiable realities such as this, I offer up four commitments that are […]

How’s Your Cash Flow Doing This Week?

By Pat Brennan, Partner How is your cash flow doing this week compared with what you expected two weeks ago? If you don’t know, you’re driving in the dark without headlights. It’s surprising to us how many times we work with business owners who know their budgeted versus actual profit and loss statements extremely well but only look at cash flow on an annual or […]

Surprised by Abundance – and Putting it to Good Use

By Steve Coleman, Partner As Americans change during this pandemic, being a pet owner has moved into first place ahead of having children. Why is this happening? Maybe it’s addressing an unmet need for close relationships. Maybe it’s human desire for giving and receiving love. Maybe it’s a great way to meet new people. We got a new puppy last August, and now we can […]

Do’s and Don’ts of Pursuing Investors for a Startup

By Ron Leaf, Partner Back when I was managing a venture capital investment partnership, I received a call from a consultant who asked if he could introduce me to an entrepreneur seeking capital for his business. Without knowing the entrepreneur was also on the call, I said ‘yes.’ The consultant handed off the call to the entrepreneur who immediately started his pitch. The business, he […]

Success Depends More on Character Than Skill

By Bill English, Partner In his book, Integrity: The Courage to Meet the Demands of Reality, Dr. Henry Cloud says, “there are a lot of people who are competent and good at what they do who don’t get to be leaders or ‘hugely successful’.” He goes on to write that in order for competent individuals to be successful, they must be able to build alliances […]

Tapping the Hidden Value of Work in Progress

By Dean Bachelor, Founder and Chairman It was the year 2010. The Great Recession of 2008–2009 had created an opportunity for Platinum Group to help banks deal with their troubled credits (loans). Years ago, we formed Platinum Receiver Services to facilitate receiverships capable of addressing the disposition of assets that banks require when they are near or at foreclosure. We received a phone call from […]

Don’t Wear Yourself Out to Get Rich

By Bill English, Partner Proverbs 23.4: “Do not wear yourself out to get rich; have the wisdom to show restraint”. Hmmm… Are you serious? Turn away good customers who are ready to buy my products and services? Perhaps. Work less even though I could make more money? I think so. Restrain my sales team? Yep. Think about it. Here are four, good reasons to not […]