Herman: John L. Herman Jr., Author

Herman School of Business

Lily Pad to Lily Pad

People want to get to a goal and lose sight of the steps between here and there. They tell me they want to start a business and make a lot of money. As if there is nothing in between starting and hitting the jackpot. If you read my work at all it attempts to stay grounded in reality.

If you want to start a business and make a lot of money you better learn the Lily Pad to Lily Pad method of thinking and doing. Let’s take a frog that wants to get over a pond but is too tired to swim all the way. He better be able to hop from one lily pad to the next lily pad until he reaches the other side. Now these lily pads that grow in ponds are not lined up straight across the pond like a bridge. That would be too easy. But the frog doesn’t know that anyway. He just starts hopping from one pad to the next believing eventually he will be on the other side. He just keeps hopping and is thrilled that there is a next pad to land on…because he doesn’t want to drown remember. Sometimes he seems to be going backwards, or at least sideways. But the pad he was on didn’t seem to be the other side so he keeps hopping. Eventually if he is lucky there are enough lily pads to actually make it to the other side.

You don’t know how many steps it will take to go from starting a business to hitting the jackpot. And the steps you take are all lily pads. Even the frog can’t stay on one pad for long because his weight will make it sink. Standing still in business will drown you. Keep taking steps that seem headed towards the next pad…because that’s all you can see ahead. Keep trying for a small goal towards the bigger goal. There were so many times in my companies we couldn’t see the finish line we were seeking. But we could come up with a shorter goal that was farther ahead than we were at that moment. String enough hops together and before you know it…you have crossed the pond.

It is not easy to find the jackpot. It is also not a straight line. But one constant seems to be in every success story. It was a sequence of events, not one major hop that got the person or business to their big goal. Navigate by small steps and smaller goals that are controllable…and the ability to accomplish what you wanted is sometimes just that one more hop away…finally.

HERMANISM # 13

Debt Is A Destroyer. It Is The Worst Cancer In Your Financial Life, Be It Personal Or Business.

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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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