Three Frogs on a Log Question: How many frogs are on the log when it goes over the waterfall? Three...

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Three Three Frogs Frogs on a on a Log 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 s wim to the right b ank, the other to the left. The third frog can’t swim…

Transcript of Three Frogs on a Log Question: How many frogs are on the log when it goes over the waterfall? Three...

Page 1: Three Frogs on a 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.

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…

Page 2: Three Frogs on a 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.

First-rate people hire first-rate people,

Second-rate people hire third-rate people,

Third-rate people hire ….morons.

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Carry the Wounded But Shoot the Stragglers Attila the Hun

You need to know the difference

Page 4: Three Frogs on a 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.

Hire slowly……

……….. Fire quickly

Hire and Fire based on attitude,

NOT experience

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Page 6: Three Frogs on a 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 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!

Page 7: Three Frogs on a 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.

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

Page 8: Three Frogs on a 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.

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

bad news.

Page 9: Three Frogs on a 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.

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

Page 10: Three Frogs on a 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.

Happinessis Positive Cash Flow

Fred Adler

Page 11: Three Frogs on a 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.

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

Page 12: Three Frogs on a 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.

Never fire Never fire anybody anybody

on Friday.on Friday.

Page 13: Three Frogs on a 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.

Cash is King!A great idea mightmight

be worth a million bucks but

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

Page 14: Three Frogs on a 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.

You might lie to your wife

BUTNever lie to your Never lie to your

BankerBanker

Page 15: Three Frogs on a 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.

Business is a journey, not a destination.

Page 16: Three Frogs on a 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.

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.

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SALESSALES

EBITDAEBITDA

PRE-TAXPRE-TAX

Company #3

Started at lower

margin and drove productivit

y.

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Three companies that experienced 10% compounded sales

growth for 5 years….

What are they worth?

IT DEPENDS.

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