In exactly 7 days from now I travel to San Diego to deliver an 18 minute presentation on how to create a firm that yields a net profit per owner of at least $1 million. Less than 2% of firms are able to achieve a result of that magnitude and an even smaller percentage are able to sustain that for an extended period of time. In an industry where business practices are highly transparent and there are few, if any, proprietary technologies that confer a competitive advantage, the question needs to be asked: why can’t all firms achieve a result of this magnitude? I suggest they can and in this post I explain how. Continue reading “KISS is the answer to creating a firm that yields at least $1 million for its owners”