It’s Lonely at the Top for Business Owners

By Greg Herring
Man standing alone on top of a mountain

Can it be less lonely at the top?

You live in a lonely place if you are a business owner. I want to make that place less lonely.

This is my first blog, so I’d like you to get to know me and understand what you can expect from this blog: Value – in the form of highly principled and practical advice from an experienced CFO.

Most everyone who has met me or worked with me as a business development consultant knows that I am obsessed with truth-telling and business formation. I know the power of business formation to change lives. I know that profits are a fair reward for a business owner. And profits are required to grow a business. Simply put, I am for profit.

For the past 15 years, I have delivered value to clients by helping them optimize profits and cash flow while building valuable businesses. One great thing that my clients often share is that I also make it less lonely at the top. My role is to be not only a trusted adviser, but also a confidant to business owners.

Through this blog, I will be sharing some of the truths that I have applied to real businesses. I’ll also share practical tools that I have developed while building teams and optimizing profitability. Since many of the people reading this blog work in the commercial landscape management business, I will frequently use examples that apply directly to your industry. However, these truths and tools apply to many different industries. 

I write from a strategic financial perspective.

The strategic financial perspective looks for opportunities to increase revenue from different sources, reduce costs and risks, and enhance the use of business assets. Most business owners and founders do not have a background in strategic finance, so I believe this financial perspective may be enlightening and valuable. 

Don’t miss these upcoming topics:
  • Better Business, Better Life: The Great Importance of Business
  • Unapologetic about Profit: Why Profits Matter
  • Leadership: A Catalyst for Top and Bottom Line Growth
  • Building Reports that Tell the Story of Your Business
  • Profit Improvement Game Plan

I invite you to suggest additional topics for blogs, especially where you may want further financal insights. If you have any questions for a CFO that you would like for me to answer in this blog, leave them in the comment box on our contact form.

I suspect that this blog will provide valuable information for both business owners and key managers. So please pay it forward and share it. Email it to a friend or colleague!

More Insights

Generosity and Leaders During COVID-19

Sacrifice. It’s a word that is not used much anymore.  Perhaps, it deserves to be used more frequently. I am going to attempt the impossible.  I want to discuss that word in the context of business ownership, COVID-19, war, and Easter – all in one blog post....

Employees’ Guilt About Profits Hurts Your Business

Many people think your company makes too much money. What do your employees think? Do they have guilt about profits? (Note: this post was originally published on August 29th, 2016. It has been updated to reflect new data.)   According to a Pew Research Center...

Pleased But Not Satisfied: A Leader’s Mindset

There is a new year ahead of us.   It is common for people to feel stressed or overwhelmed at this point in the calendar year. After all, the nights are longer, the days are shorter, and the world seems a little colder and darker. (As I mentioned in my last post,...

6 Comments

  1. Topic for blog – what a balance sheet can tell you about your company.

    • Thank you, Mike. Great idea.

  2. It would be great to see a discussion about building a repeatable business model around proper unit economics.

    • Great suggestion, Tim. Will put that on the list for future blogs. Understanding unit economics and making unit economics profitable now, or having a plan for becoming profitable in the future, is key to running an exceptionally profitable business. For readers not familiar with this term, unit economics refers to developing the full cost of serving a single customer. “Full cost” means not only costs that can be directly identified with a customer but also costs that must be allocated like sales costs and general and administrative costs.

  3. I’m excited to hear more. I’ve seen the impact Greg has on other businesses and will be applying his principles to my SAAS business.

    • Thanks Mike. I look forward to watching linkfast.com dominate the world of mobilizing followers to share key messages easily on social media.