Author: Ben Lehrer
Arrows in the Quiver: Finance as a Competitive Advantage
What are the traditional sources of competitive advantage? Having the best product or customer service, the leanest cost structure, or perhaps just being the only... Read More
What are the traditional sources of competitive advantage? Having the best product or customer... Read More
The Personas of The Entrepreneurial Journey
Entrepreneurs know what it is like to wear many hats. Turns out, they also know what it’s like to be different people. Throughout the entrepreneurial... Read More
Entrepreneurs know what it is like to wear many hats. Turns out, they also... Read More
When Disaster Strikes: Cash, Customer, and Vendor Shocks
Mike Tyson famously said, “Everybody has a plan until they get punched in the mouth.” Nobody can perfectly plan for major business disruption, such as... Read More
Mike Tyson famously said, “Everybody has a plan until they get punched in the... Read More
Ignoring Your P&L: Coming Out Ahead Without Looking Behind
Focus on your P&L? Nah. Not here. There are circumstances where the P&L tells you next to nothing about the health of the business and... Read More
Focus on your P&L? Nah. Not here. There are circumstances where the P&L tells... Read More
Protecting the Entrepreneurial Spirit
Entrepreneurship is sometimes characterized as jumping off a cliff and figuring out how to construct the parachute on the way down. Essentially an all-in, risky... Read More
Entrepreneurship is sometimes characterized as jumping off a cliff and figuring out how to... Read More
Fighting Corona: Working Capital and Liquidity Impacts
In March, Boeing, one of the largest and most prominent companies in the United States, had two pieces of news hit the tape. One, the... Read More
In March, Boeing, one of the largest and most prominent companies in the United... Read More
The Limits of Traditional Finance Models
The leaders of small and midsize businesses (SMBs) can have it tough when it comes to working with finance providers, both in terms of services... Read More
The leaders of small and midsize businesses (SMBs) can have it tough when it... Read More
Don’t Be a Pig
There’s a common investment banking saying about less-than-ideal clients. It’s “putting lipstick on the pig,” referring to dressing up a company as best as possible... Read More
There’s a common investment banking saying about less-than-ideal clients. It’s “putting lipstick on the... Read More
The Working Capital Value Trap
There is often debt aversion in small or family-run businesses. Many leave excess cash in the company to not stress about working capital ups and... Read More
There is often debt aversion in small or family-run businesses. Many leave excess cash... Read More