T hree Frogs on a Log

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T hree Frogs on a Log. Three frogs on a log approaching a serious waterfall likely to be fatal . One says he is going to swim to the right bank, the other to the left. The third frog can’t swim…. Question: How many frogs are on the log when it goes over the waterfall?. - PowerPoint PPT Presentation

Transcript of T hree Frogs on a Log

Three Three Frogs on Frogs on

a Loga Log

Question:

How many frogs are on

the log when it goes over the

waterfall?

Three frogs on a log approaching a serious waterfall likely to be fatal.One says he is going to swim to the right bank, the other to the left.

The third frog can’t swim…

First-rate people hire first-rate people,

Second-rate people hire third-rate people,

Third-rate people hire ….morons.

Carry the Wounded But Shoot the Stragglers Attila the Hun

You need to know the difference

Hire slowly……

……….. Fire quickly

Hire and Fire based on attitude,

NOT experience

To motivate people to change, don’t promise the new lily pad is going to be better,

burn the lily pad

they are on!burn the lily pad

they are on!

Never shoot the messenger, but understand why the messenger is delivering the message.

Deliver tough news personally. Never sugarcoat it. Good people can handle

bad news.

Hiring someone just like you are as your No. 2 person is the stupidest thing you can do!

Happinessis Positive Cash Flow

Fred Adler

No Margin.

No Mission.

Nun who was a CEO of Catholic Healthcare System

No Margin.

No Mission.

Nun who was a CEO of Catholic Healthcare System

Never fire Never fire anybody anybody

on Friday.on Friday.

Cash is King!A great idea mightmight

be worth a million bucks but

$$1,000,0001,000,000 isis a a million bucksmillion bucks

You might lie to your wife

BUTNever lie to your Never lie to your

BankerBanker

Business is a journey, not a destination.

Message to your board about results: Our business is off

because of the economy (local, national, international,

interplanetary) 

WRONGWRONGGreat companies take

market share away from their competitors

in bad times.

SALESSALES

EBITDAEBITDA

PRE-TAXPRE-TAX

Company #3

Started at lower

margin and drove productivit

y.

Three companies that experienced 10% compounded sales

growth for 5 years….

What are they worth?

IT DEPENDS.