A leader is the steward of all the revenue coming into the business.
The employees and customers and community are counting on that leader to manage that money well (even as they all want more of it).
If the leader messes this up, everyone loses.
The leaders job is to mix labor, materials, and outside services to create something that people will buy for more than it costs to make.
The leader’s job is to spend less money than the company is taking in.
There is no talking around this. Lives hang in the balance.
Increase revenue or decrease expenses – create a gap between them, and maintain it as things change.
Thanks for the daily lessons Larry. I read them everyday and believe being able to learn from a guy like you is truly a blessing and invaluable!
P.S. Would love to buy the RainDrop Gutter Guard brand from you if it’s ever available!
We need a tight wad in the White House – and a congress full of them. The current bunch – both sides and of the aisle- are spending money like drunken sailors. My apologies to Drunken Sailors! They are more fiscally disciplined.