5 Signs of an Oncoming Recession

5 Signs of an Oncoming Recession

The question isn’t whether or not there will be another recession… the question is when. And how bad will it be? As we look at historical data, we can clearly see patterns emerge that may help us prepare for oncoming recessions. Here are 5 signs of an oncoming...
Long-term Financing Strategy

Long-term Financing Strategy

Have you ever heard about the Stanford Marshmallow Experiment? In the late 1960s and early 1970s, a series of studies on delayed gratification tracked children’s ability to master self-control. The children had to decide whether to immediately eat one marshmallow...
Second verse, same as the first?

Second verse, same as the first?

In 2007, I worked for a community bank with a long history of high performance. At the time, I was running the only national business line, the home improvement finance business. Competition was pretty fierce but our volumes were growing steadily. Most of the water...
Who are your competitors?

Who are your competitors?

Markets change. After long periods of stability, one or more entrepreneurial disrupters enters the market and puts its stamp on an industry. Some of the old guard will fade away, some will adapt, and the new guard will take control. Eventually, after some time passes,...
Lady Redundant Woman

Lady Redundant Woman

If you have younger kids, you may have seen the TV show Word Girl. One of the villainous characters is called Lady Redundant Woman. Lady Redundant Woman obtained the powers of duplication when she was fused with a copy machine. As you might expect, she often speaks in...