Our weekly thoughts and general ramblings about everything related to business – from industries and investments to management and operations.

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Risky Business

In acquisitions, we work with limited information. Small businesses often don’t have the cleanest financial records, so we do the best with what we’re given. Operational data may be non-existent. If it does exist, it is not likely to be presented in a user-friendly format.

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Specifics, Bob

In the 1996 movie Phenomenon, John Travolta plays George Malley, a small-town guy who is inexplicably transformed into a genius with telekinetic powers. In one part of the movie, he is asked to answer, as quickly as he can, how old is a person born in 1928. Malley answers as follows:

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Excellence Every Day

A family member has been in the hospital for a few weeks, and some of us have been spending time with her as much as possible. Apart from becoming very well acquainted with the food options around Massachusetts General Hospital (shout out to Tatte, Anna’s Taqueria, and Flour Bakery), we have also assisted on a fair number of walks around the hallway.

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The Operator’s Handbook

As some of you may have listened to already, a few of us have been a guest on Alex Bridgeman’s Think Like An Owner podcast, a show dedicated to the exploration of investors and operators in the small business space. Due to the interest in the podcast, Alex is creating a new concept, The Operators Handbook, aimed at “documenting the experiences and challenges of small company operators.”

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Half Excited, Half Scared

The past few weeks have marked a return to school—elementary, middle, high school, and beyond. For some, this is welcome news. For others, particularly those entering a new grade or starting at an entirely new school, the change of scenery can be daunting. Our daughter described the impending start of kindergarten as “half exciting, half scary.” We’ve all been there, kiddo.

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Grounding Habits

This week, Charlies Watts, the Rolling Stones drummer, passed away at the age of 80. A member of the band since 1963, Watts was an icon in the music community, and perennially tops lists of the greatest rock drummers of all time.

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