I promised I would talk about the mistakes I make on this journey as well as the successes. As I look at the end of another year, it’s time to come clean about one of the mistakes.
I never understood the phrase “Penny wise, pound foolish” when I was going up. Half of the phrase was about a coin. The other half was about…”a pound of pennies?” I’m ashamed of how long it took me to associate the second half of the phrase with the British currency.
And that’s the type of mistake I’m talking about here. The monetary one, not the linguistic one.
Every business owner understands the need to focus on costs, especially when the cost is one of the largest expenditures in your business. Continue reading