by admin-prc | Jan 9, 2018 | Business Turnaround
The “Opportunity of Power” in the position of authority is of course only as good as people handle the opportunity itself. I spend a lot of time warning leadership positions. The “Opportunity of Power” in the position of authority is of course...
by admin-prc | Nov 28, 2017 | Business Turnaround
SMALL BUSINESS FAIL Small business and startup companies fail every day. Companies that find themselves in a growth mode fail as well. Here is the short answer. Small business fails because one guy can’t do it all, but he wants to. Generally, one guy starts a small...
by admin-prc | Nov 14, 2017 | Business Turnaround
Business Turnaround To be quite honest, our Business Turnaround Chapter 11 success rate is nearly 100% over the past thirty years. I chalk up this resume to picking good clients who are willing to work for their freedom. If I had to look at some common denominators of...
by Patrick Rettig | Nov 9, 2017 | Business Turnaround
CEO’s & Creativity Accessing Your Non-Linear Mind I insist that our client CEO’s engage in creativity. Creativity is, in fact, an act of building something from nothing. One begins with a blank canvas and allows their mind to be free to explore, expand, and...
by admin-prc | Nov 7, 2017 | Business Turnaround
The Lure of Easy Money We all know the old “under the table” trick. Easy money. right…? Paying for services without tax, cash on the barrel. It’s the way we ultimately get one over on Uncle Sam. The problem, however, is that breaking the law in any...
by admin-prc | Nov 1, 2017 | Business Turnaround
PAY IT FORWARD. All companies need a break when they’re in trouble or they won’t recover. Creditors and numerous professionals must try and “work” with people at a reduced rate so that at a later time monies can be restored. Sometimes, unfortunately,...
by admin-prc | Oct 20, 2017 | Business Turnaround
Bankruptcy Chapter Eleven is a second chance… At times as America’s Turnaround Man I feel more like a corrections officer. My day is spent talking with small business hooligans who’ve found their “own way” of doing things and then caught in a...
by admin-prc | Oct 12, 2017 | Business Turnaround
Corporate life, small business… Some of the most exciting times of my life are the memories of playing in a rock n’ roll band. I made no money, spent money, turned my amps way up, experienced intimacy with a lead microphone and sang songs that meant something to...
by admin-prc | Sep 26, 2017 | Business Turnaround
I have noticed in my travels that people will do what it takes to get out of trouble. Here’s the catch. Whatever spirit got them into trouble in the first place does not go away. On the occasions when clients have survived bankruptcy and come back to fight another...
by admin-prc | Aug 26, 2017 | Business Turnaround
Micromanagement: An honorable term. Micromanagement is being a leader to employees, inspiring them by showing them exactly how the job is done. As CEO’s, we have a vision for what our company should be and we determine its direction on the road of life. If you...
