Filed Under:  Departments, For the CEO

Live Cheap, Spend Lavishly


3rd July 2012   ·   0 Comments

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by Zaq Tull

I’m not a finance guy.
If we’re being perfectly honest, when I’m looking for things to re-purpose for our social feeds, most of the time I’m just looking for something
that I understand.  And because my
primary skill is blogging, Carl Richards is a godsend.

If Mr. Richards’ primary skill isn’t blogging, he must be
the worst best financial planner.  His
blog is not only hosted by the New York Times, it uses one of the most visually
appealing templates
I’ve ever seen.
The idea is genius; approachable personal finance advice that begins
with a sketch on a napkin.
On June 26, the NY Times Bucks Blog
featured a
post by Mr. Richards
that I thought was especially relevant to small business
owners.  The blog weighs buying something
cheap that you can live with, against saving, and buying whatever you desire
most.  Mr. Richards uses a road bike, and
clothing as examples, but the overreaching question applies to much more than pedals
and pinstripes.
Read the blog, than ponder this query:
Your company needs a new HR generalist.  Your operating budget allows you to pay the
new employee $40,000 per year.  With 10
years of relevant experience, a personality that meshes well with your company culture,
and a confident presence in interviews, Barbra is all but certain to take your
company to the next level.  The
problem?  She requires $50,000 in yearly
salary.
On the other hand Ryan is just out of college.  He is eager to learn, but has no office
experience.  You can’t quite nail down
his personality, but you are worried, because sometimes he comes off as aloof.  In interviews, he sweats like a pig, but you
know that he can be hired for $30,000 per year.
You HAVE to hire one of these candidates.   Who do
you pick?  Why did you pick them?  Tell us on Facebook!

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About

Joe Zente is the President/CEO of ZThree Performance Development, home of the Alternative Board in Central Texas. He can be reached at joe@zthree.com

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