Month: June 2019

Lessons from The E-Myth Chief Financial Officer

June 24, 2019
by Peter Kang
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The E-Myth Chief Financial Officer: Why Most Small Businesses Run Out of Money and What to Do about It by Michael E. Gerber and Fred G. Parrish focuses on the importance of the chief financial officer role in a small business and how, in the absence of a full-time CFO, the entrepreneur must be willing to play the role. It’s taken me well over a decade to truly appreciate the importance of how financial thinking […]

Reflecting on The 11 Laws of The Fifth Discipline (from Peter Senge’s The Fifth Discipline)

June 4, 2019
by Peter Kang
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It’s been a year since I read Peter Senge’s The Fifth Discipline and yet, I’ve been reminded almost every single day of the lessons from the book. My company Barrel recently celebrated 13 years of being in business. My co-founder Sei-Wook and I have been there for all 13 years, and I feel like it’s only been in the past year that the two of us started to take a less reactive approach to running […]