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Tag Archives | T. Paul Thomas

T Paul Thomas

Why Write a Note When You Can Email?

At Northern Arizona University, we are days away from graduation. The thing that makes the May 2017 graduation special to me is that my very first students from MGT 101 – Introduction to Business are graduating. The last several weeks have been a constant flood of those students coming to me to let me know […]

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T Paul Thomas

Do I Really Need a Board of Directors?

My column this month raises a question I received from a CEO. This is meant for those CEOs who are either running a non-profit or a privately held organization. All publicly held or publicly traded organizations are required by SEC law to have a board of directors.   Just feed them and get them on […]

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T Paul Thomas

“Ask the CEO”

Honesty Should Be the Policy in a Family Business  As many of you know, I am fortunate enough to teach at Northern Arizona University. One of my courses is Management 300i where we teach students the basics for starting a business. They learn about writing a business plan, understanding the market, finding funding, staffing and […]

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T Paul Thomas

  Quitting Your Job: How To and How Not To Do It

Several months ago, my column discussed when to shut down a business. Oddly, in the last month, I’ve had several of my NACET clients have employees quit. And closer to home, my wife quit her job after three years. So, I decided to write this month on the two reasons you should quit and the […]

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T Paul Thomas

Is Your Business Really a Lifestyle?

I think every entrepreneur dreams of taking his or her idea to a start-up and then changing the world with the start-up as it grows to a successful organization (usually measured by higher revenue, profit or employees). What I continue to be amazed by are the number of start-ups that actually turn into lifestyle businesses […]

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T Paul Thomas

Be the Yoda of Networking

During a recent CEO Peer Group meeting, one of my CEOs asked if I knew anyone who could help with some specialty financing and leasing programs. I mentioned that I did and would make an introduction. Another member who happens to be a Paul too said, “We now refer to you as the Yoda of […]

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T Paul Thomas

“Ask the CEO”  Should the Founders be Fired?

The majority of my CEO positions involved being brought on board to help the founders once they had accepted venture capital funding. It was commonly referred to as Adult Supervision. Once, while being interviewed by a founder for the CEO role, I was asked, “Do you not like founders?” He asked that question because he […]

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T Paul Thomas

What to Consider When Buying a Business with Partners

Over the years, former mentors and business associates send me great stories that I use during my lectures at Northern Arizona University. Marsha Morgan was my very first manager out of college and to this day we are great friends (which is a column for the future about the importance of maintaining relationships, staying in […]

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T Paul Thomas

‘I Quit Because My Scissors Are Broken’

 Over the last few months, I have received wonderful comments and feedback on my columns that have dealt with taking care of employees and doing things like writing notes, holding one-on-ones, and doing a better job of communicating. That being said, I still haven’t convinced everyone yet. In the last 30 days, I actually had […]

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