In this special guest interview, Donn Dimond, co-founder of The KOR Physical Therapy in Portland, OR describes his journey and key learning moments in going from startup to a sophisticated medical practice, to successful exit and why evolving and growing the business in intervals is vital to sustaining a viable business model.
Often maligned and little understood, the Millennial demographic entering the workforce represents the largest cohort since the Baby Boom generation. And for most Baby Boomer business owners and leaders, they don't get it. In this episode, Rick and Nick discuss some of the nuances of this cohort and how to leverage the contribution they can bring to the business, and what leaders need to accept and even let go of in many cases, to be successful with this generation.
Getting your company off the ground to a sustainable place should be the hardest part of starting a company, right? That’s what many think, and yet the growing pains and problems that occur within larger organizations go unaddressed until it’s too late. Rick was a recent guest on XeniumHR's Human Resources for Small Business podcast, hosted by Brandon Laws and they discuss the common issues companies experience when they grow from 10 employees to 20 employees and beyond, and how they can lay the groundwork for a successful organization – no matter its ultimate size.
If you are like most people, you have 75% or more of your stock market investment in US equities. The truth is, it’s not just the lay investors that are subject to this “home country bias.” Most financial advisors and money managers are equally prone to this bias. With the US accounting for only around 50% of global output and at historically high prices, a diversified portfolio should consist of a much greater allocation to foreign stocks.
I’ve long been of the opinion that emotional intelligence (EQ) is one of the hardest skills to acquire. But with it, it’s a heck of a lot easier to admit what you don’t know. And ask for help. And seek out mentors, advisors, and people smarter than yourself. To share your dream with others and then trust they can help you figure out how to execute it. Phil Knight’s EQ is on full display throughout the founding of Nike and in his candor retelling the story some 50+ years later.
A business' intrinsic value fluctuates very little. Yet, the price that the ever-moody "Mr. Market" will pay at any given time can fluctuate dramatically based on outside economic and political forces.
At Pilot Wealth, we feel no need to explain it, no need to tell a story. Instead, we recognize volatility happens and we welcome it.
From workforce and employee engagement issues to changing technology to the skyrocketing real estate market, business leaders face an ever-shifting array of challenges and opportunities today. Constant awareness and evolution are vital to staying ahead of the curve and continually gaining momentum.
Please join us for the fifth annual Leadership and Economic Summit on November 29, 2016 at the Multnomah Athletic Club. We've gathered some of the region's most successful business leaders to share how they're approaching today's challenges, offer insight on their success, and discuss what's ahead in 2017.
For the last 7 years the vast majority of economists and analysts alike have incorrectly forecasted rising interest rates and the possibility of rampant, out of control inflation. Recently, however, these same soothsayers have flip-flopped and said that they now believe that interest rates will likely stay lower for longer.
Partner and Business Advisor, Rick Thomas, is quite the woodworker. And just as he is mindful of relationships and details with his clients, so too is he when it comes to his desk. Our friends at ErgoDepot interviewed Rick about what he does and how he came to have the most interesting desk at the firm.
A sideways moving market, as we have seen recently, requires a different mindset to navigate. Indeed global developed markets have been flat for a couple years now, emerging markets have been flat for 10 years, and US Small Cap stocks have had zero return since late 2013. Most Wall Street sources have described it as, “The most hated bull market ever.” The following charts have us asking ourselves, is it possible the bull market ended and no one noticed yet?
Earlier this year I wrote an article on Walmart's abysmal experiment with small box stores and the importance of brand promise in a business. Recently I had an opportunity to expand on the subject in a podcast with Brandon Laws, Marketing Manager with XeniumHR. We took a much deeper dive on the subject, covering a lot of ground beyond the Walmart discussion.
We just finished hosting a few open houses for friends of the firm, and whether it was one too many glasses of wine or the volatility we saw in the first quarter, I think we stumbled on an interesting topic. Truth be told, we are a little late publishing this newsletter. In spite of some volatility in the first two months of the year, not much has changed. Thus, at the risk of sounding like a broken record, we wanted to revisit a discussion (reference the earlier newsletter) regarding the emotion investors experience during market volatility.