Herman: John L. Herman Jr., Author

Herman School of Business

Incremental Issues

We slip down the slope in small incremental steps…we don’t just jump off a cliff.

I didn’t get overweight because one day I ate too much. I ate too much on many days, over a long period of time. Incrementally increasing my weight an ounce or two until whammo…way too much.

You didn’t create debt in five minutes…it probably took five years. Your business didn’t start to fail overnight…it has been failing for quite some time. Your relationship wasn’t wonderful last night and this morning the two of you are in chaos.

How do we get here in a bad space when none of us plan to be too heavy, have too much debt, have our business collapse, or lose all respect for our partner? In small increments of time.

If you knew in ten seconds you would crash your car you would instantly put on the brakes. If you knew your regular speeding behavior every day would one day cause an accident would you start slowing down…avoiding ever being close to that accident.

People let things go down in small incremental steps which we overlook. That blouse is on sale…I have to buy it. I could make a few more customer calls but the slow sales depress me…so I will skip them. It’s getting stressful out there, pass me the potato chips. He/she will have to wait while I indulge myself instead.

How do you turn any problem you have around?

Incrementally. One small incremental step at a time. Now get to work.

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Welcome

After 30+ years in business, I’ve decided that it’s time to share my hard knocks knowledge. Having worked in almost 200 bankruptcy cases and many other kinds of business failure situations, I have awarded myself a Ph.D. from what I refer to as the Herman School of Business. In this blog, you’ll read about starting a business, running a business, and, if the situation calls for it, selling a business; about being a business success and not a business failure. Welcome …

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