Black heart vs a light heart in business ethics

Black heart vs a light heart in business ethics

Black heart vs a light heart in business ethics

CEOs, if you are having problems, now is the time to call your friendly Turnaround Man. Don’t let your ego get in the way. Don’t let your family and friends get in the way. Don’t let anything get in the way of your success or your peace of mind. Let me teach you a lesson about the ‘black heart’.

When you think about ‘black heart’, you think about a gunslinger, a pirate…a bad dude. A black heart is selfish, self-centered, and nasty. In business this attitude does not pay well. People quickly learn to dislike you because your deals are always win-lose. You get in situations where you take money from people when they are most vulnerable. You do something for them but charge a lot of money and indirectly or directly hurt them. This is a win-lose situation…obviously not good for referrals and not good for repeat business. There is a cap on your peace of mind as well. This will affect every aspect of your personal life and your standing in the community.

Now let’s talk about a light heart business ethic. A light heart gives freely and doesn’t mind giving on a daily basis to children, spouse, neighbors, or church. It is socially giving back to the community. A light heart is someone who delights in other people’s success. That is what we are going for.

The basic difference between a black heart and a light heart is a black heart gives to others but expects something in return. Those unfair expectations are not healthy nor do they pay well. Don’t be like that. I believe that a black heart can be changed, but it’s a hard task.

Money, property and prestige – those are bad taskmasters. Having a light heart is giving back to people – going the extra mile – helping people when they need help – giving a good deal when a good deal is possible – being a good neighbor so to speak.

Take my advice today. If you have a black heart and you know it, try your best to ask heaven to soften you a bit. But remember even a light heart can get into trouble. Sometimes a light heart needs to be trained. Things don’t always work out correctly or feelings get hurt. Whatever the case it is a challenge and a learning experience, but people will feel it when ‘your aim is true’.

That my friend is what I call a win-win!

Give me a call…760-662-9668. Until then, may heaven be on your side.

CONVERGENCE AND ILLUSIVE EXPENSE


CONVERGENCE AND ILLUSIVE EXPENSE

Hello and welcome to your friendly neighborhood Turnaround Man. I am Patrick Rettig.
Today, we will be talking about convergence and illusive expense. Let’s start with illusive expense. Illusive expense is something you can’t measure. So let’s remember that. It is something you can’t measure.

Convergence is where your belief system, your business, your family and your politics all converge at the same time. When you go into insolvency or when you go into waters that are without money, you start to find yourself in terrible, terrible trouble.

Suddenly you have to ask yourself what you look like to other people. Because what you look like to other people… how authentic that you can be… is definitely the core of success.

You may look like you are successful but you’re not. You are borrowing money against your house or you’re trying to keep up with the Jones. That’s not a good thing. Tell people the truth. Your belief system – who you hang out with and how you act – your wife, your husband – what you look like to your children – your business and how you are running it –you are outside the box and borrowing money – these are not good.

Convergence is where you are the common denominator – in your family, your business, your belief system or your religion, whatever that may be, and politics – where they all converge at the same time. People are looking at you. People will help you. The community will help you. But you must be honest. Otherwise the illusive expense…when people find out you are lying – that you are not going to deliver on time – that you are borrowing money from the bank that you never intended to give back …when that starts to become a reality, people won’t talk to you anymore. You will never know that the people, who were watching you and wanted to help, have decided to step back a little.

Illusive income is immeasurable until you actually put it in the bank. However “right living” will yield an almost immediate income that is measurable absolutely. So when you talk to people truthfully you will find that the good guys surface and the bad guys simply fade away. Be truthful in what you are doing and although it seems inconvenient at the time, surviving insolvency is not for the faint of heart. You must know that the alliances you make could last for the rest of your life. So when you get in trouble, be honest with what’s going on. Stay consistent. Don’t try to bamboozle your way through. Be honest. Be on top. Never be afraid of the truth. Find your way out of trouble by going back to the old ways of keeping a new promise that can truthfully right your mistakes by going back to your core business, making deals that can happen, living inside of a financial box that is realistic and then following up with all those involved.

Convergence. You are the common denominator in convergence. Convergence – your business, your belief system, your family, and your politics…everything that you believe in…you are the center of that. Don’t lie. Walk the talk and talk the walk. Be on top of the game even when things are impossibly challenging!

I hope to hear from you soon if you have trouble. It is best to call sooner than later.
Have a good day.

Numbers Matter – Relationships Matter More

Numbers Matter – Relationships Matter More

Business Turnaround Series

“Numbers Matter – Relationships Matter More”

Radio show host Lesley Southwick-Trask interviews CPA Julie Rothgeb – the financial wizard of The Rettig team. Julie is their ‘solvency specialist’ and all round operational driver when it comes to taking a CEO and his/her organization from crisis to performance. We learn that picking up the pieces of a broken business includes not only financials but also bringing love and healing into the equation.

This is part two of a three part interview series with The Rettig Corporation.
1 – Patrick as CEO – his life as turnaround man
» 2 – Julie Rothgeb as a member of his Turnaround Team
3 – Susie Ameche as a successful Turnaround CEO
 
Click to listen to the show: » Play audio
 

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Women Who Lead

Host: Lesley Southwick-Trask
Women Who Lead is a game changer. It’s about women embracing the next wave of leadership – one that replaces hierarchy and positional power with new ways of being. It’s about how women are “showing up” in the world as leaders. This is a show for women in all walks of life, from those in corporate environments to those making a difference as one-woman enterprises.

Meet visionary women breaking new ground in their professions and in their lives with an unshackled breed of intellect, passion and expertise. Join us weekly in the process of creating a new definition of leadership – one that births new realities. Join us in the transformation of our society.

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About The Rettig Corporation:
Turning a business around is not for the fainthearted and you don’t need go it alone. For more than 25 years, The Rettig Corporation has guided business owners to safety, transforming companies throughout the Western United States. Our approach is direct, immediate, and essential to the successful transformation of your balance sheet. Creditors, family members and employees gain confidence almost immediately and the hard years begin to fade into memory.

Our exceptional teaching and coaching skills, as well as our expertise in implementing systems and controls, set us apart from other turnaround specialists. We help you evolve financially.

Our business Turnaround Team is available to you. Contact Us.
 


Saving The Superwoman CEO

Saving The Superwoman CEO

Don’t miss America’s Turnaround Man Patrick Rettig on the “Women Who Lead” radio show with host Lesley Southwick-Trask.

With over 800 successful turnarounds under his belt (from insolvency to profitability), this tell-it-like-it-is master has much to say about female leaders facing tough challenges in business. Join me as Patrick highlights how women hold the competitive edge when it comes to surviving corporate bankruptcy.

Women Who Lead – America’s Turnaround Man – Patrick Rettig with host, Lesley Southwick-Trask

This is a 3 part interview with The Rettig Corporation.
1 – Patrick as CEO – his life as turnaround man
2 – Julie Rothgeb as a member of his Turnaround Team
3 – Susie Ameche as a successful Turnaround CEO

Click to listen to the show: » Play
 

=======================================================

About The Rettig Corporation:
Turning a business around is not for the fainthearted and you don’t need go it alone. For more than 25 years, The Rettig Corporation has guided business owners to safety, transforming companies throughout the Western United States. Our approach is direct, immediate, and essential to the successful transformation of your balance sheet. Creditors, family members and employees gain confidence almost immediately and the hard years begin to fade into memory.

The Rettig Corporation brings a unique blend of financial expertise, including:

  • Training
  • Marketing
  • Operations
  • Labor control
  • Cost accounting tools

Our exceptional teaching and coaching skills, as well as our expertise in implementing systems and controls, set us apart from other turnaround specialists. We help you evolve financially.

Our business Turnaround Team is available to you. Contact Us.
 


There is hope in the most catastrophically failed environment

There is hope in the most catastrophically failed environment


 

Patrick Rettig head shot

VoiceAmerica

Innovative Leaders Driving Thriving Organizations

Hosted by: Maureen Metcalf on VoiceAmerica Business Channel

Show Topic: Featuring Patrick Rettig, CEO | “There is hope in the most catastrophically failed environment as long as your heart is in it.”

Air date: Tuesday, February 9, 2016 at 11AM PST

Listen to the episode

Today our show will feature Patrick Rettig. He is touted as America’s top turn around man in his market. For over 25 years Patrick has successfully saved companies from bankruptcy. He is passionate about helping American entrepreneurs – the companies $20 million and under, which are the backbone of America. Patrick appears regularly on TV and radio shows including Fox Business’ Varney & Company.

His instincts are hyper-keen. His approach is direct, honest and pragmatic. He has a talent for identifying operational problems, structuring, implementing solutions and restructuring staff. As such, he ensures maximum productivity and efficient financial management. His experience includes companies of all ages: start-ups, turnarounds and restructured environments.

Patrick knows that most people have a hard time with change, but successful turnarounds require change. Survival through insolvency can be extraordinarily difficult. It’s important to talk to someone who has experience. By waiting too long things will only get worse.

Innovative Leaders Driving Thriving Organization
The world is changing dramatically and will continue to change over the next generation. Effective leadership has a significant impact on how these changes play out in our world. Leadership matters and it is a core responsibility of current and future leaders to become better educated about the challenges they face and also about how to become more effective at leading in a time of significant disruption.

The show features interviews of thought leaders and academics combined with executives in a range of industries to identify their biggest issues and discuss the innovative approaches they are using to turn turbulence into a business advantage. We present concepts and tools that have been proven to improve organizational success and discussions about how you can apply them to drive success in your organization.