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American Business Advisors Announces New Hire for ABA Hawaii Office

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American Business Advisors® (ABA) is delighted to announce the hiring of new Associate Sarah Guay for the American Business Advisors' Hawaii office, headed by Jon Hokama, Senior Vice President.  American Business Advisors® (ABA) is the nation’s leading strategic and management consulting firm specializing in Building Cash Cows®  and Improving Quality of Life®  services for mid-size and small companies, family businesses, and their owners.Sarah Guay has joined the Hawaii office as Senior Advisor. Ms. Guay is passionate about aligningpeople development, strategy and purpose to drive outstanding business results. She has extensive experience empowering organizations to achieve maximum productivity through processes designed to attract, develop, motivate and retain engaged employees. Ms. Guay’s proven track record of success in strategic HR includes growing strong cultures that cultivate maximized productivity for Fortune 500 companies and several of Hawaii’s Best Places to Work (incl…

Planning for 2015? Check Out This 9,000-Year Purpose

Over the last two weeks, we’ve learned from the impact life purpose has in undergirding the lives of two “business” owners.This is the time of year when successful business owners are planning for 2015. It’s a great time to review how closely your own life purpose aligns with your business. But, could you imagine having a life purpose so compelling that you’d have a plan for the next 9,000 years? It would take a powerful purpose to do so!Allow me to share with you the story of one business owner who had the kind of purposefulness that built a little start-up into a worldwide brand over 250 years later. (more…)Planning for 2015? Check Out This 9,000-Year Purpose See more on: American Business Advisors in Denver

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Achieving my BMD of Sept. 21, 2013: a Q & A

What is a BMD?My wife and have always been big on ceremony, on ways of marking significant events in our lives. Birthdays, anniversaries, and graduations, certainly. Add to that “Nazarite” vows, a vasectomy, and rites-of-passage for our daughters.So, when I learned about something called a  BMD—a Business Maturity Date—I was intrigued.It is truly a rite of passage. While it is a date any business owner can pick, typically three to five years out, it marks a time the business will be creating both money AND time for the owner. Think of it as a graduation from business “high school.” Is the business fully mature? Certainly not: if you meet a fully “grown-up” business owner, please introduce me!Is there more the business can become?Absolutely.  Like our 18 year-old high school graduates, our businesses can stand on their own (sort of), but they are also prone to moving violations, calls home to mom and dad for money and the like.How did you  choose your BMD?(more…)Achieving my BMD of Sep…

Leadership: Are You Letting Your Firm Be the Emperor Who Has No Clothes?

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This week I’d like you to recall Hans Christian Andersen’s fairy tale, The Emperor’s New Clothes. This story has a lesson that every business owner needs to consider.The tale tells of two weavers who promise an emperor a new suit of clothes. But what makes this suit unusual is that it is invisible to those who are unfit for their positions, stupid, or incompetent.When the weavers complete his suit and pantomime putting it on him, the Emperor parades before his subjects in his new clothes. The nobility see nothing but play along with the charade, not wanting to be shown unfit for their position. The commoners say nothing because they don’t want to be found stupid. No one dares to say that he doesn't see any suit of clothes. At last a child cries out, "But he isn't wearing anything at all!" The shocked emperor regains his composure and continues to walk through the crowd as though nothing has changed.After hearing more than one executive speech, several of us would com…

Why It Takes a Team

Our last feature article addressed the importance of getting the right people in the right places in your organization. While it is critical that job descriptions are clearly defined and assigned to the appropriate individuals in order to achieve maximum efficiency, it is also useful to look at your team from a broader perspective. The view from 10,000 feet reveals that each and every individual on your team contributes to your success in a variety of unique ways. This is indeed a case where the whole is greater than the sum of its parts.Most accountants do not see themselves as marketers, just as most customer service representatives do not see themselves as number crunchers. Our individual specialized experience, talents, and expertise are what allows us to be effective in a position. However, we are also part of a team – the organism as a whole. As we would all agree, when everyone on the team is rowing together and in a targeted direction, we reach the goal much sooner and more ef…