Author Archive | Ken Kaufman

Daybreak Triathlon 2014 – Race Report

My son took 2nd in his age group INTRODUCTIONTo celebrate turning 40 this year, I completed my first Olympic-distance (1 mile swim, 20+ mile bike ride, and a 10k run) triathlon. It was my way to try and laugh aging in the face. This is only my third triathlon, with the last two coming in Aug […]

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Saving for Retirement

This is part 9 of 14 of my series on the 14 ways I am changing my financial life in 2014. [Author’s Note: This article is not an offering of investment advice nor is it a guarantee of investment returns. It is merely a representation of how I choose to plan for and invest my personal […]

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An Investment Strategy for My 401(k)

This is part 8 of 14 of my series on the 14 ways I am changing my financial life in 2014.[Author’s Note: This article is not an offering of investment advice. It is merely a representation of how I choose to invest my personal 401(k) account. I will not give details on specific investment choices, focusing […]

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Personal Financial Statements

This is part 7 of 14 of my series on the 14 ways I am changing my financial life in 2014. I love the topic of personal financial statements for two reasons. First, I don’t think we look at them often enough. And, second, they are the best way to get a regular snapshot of our […]

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New Budgeting Software

This is part 6 of 14 of my series on the 14 ways I am changing my financial life in 2014. WHAT WASN’T WORKINGMy budget and my budgeting software weren’t working. Well, technically they worked, but they left something to be desired in terms of helping me build and maintain the right habits to optimize how […]

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Don’t Hide Mistakes, Especially the Funny Ones

In recent weeks I have been thinking about humility and its role in effective business leadership. Being open about our weaknesses and recognizing and reminding others that we don’t know everything seems counter-intuitive to many, yet it is often one of the main difference-makers between effective and ineffective leadership. David Williams, a very effective business […]

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Fixed Cost Coverage Ratio

It’s been a long day with lots of customers interacting with your team and buying many of your products and services. Your staff seemed busy and you felt productive. But did your business actually move forward or backward? Did you win or lose today? Here is the main number you should track every day in […]

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Fifty 2nd Graders, 10 Pies, and a Rock Star

To help more than 50 second graders learn basic economic and business principles, my daughter’s elementary school held a bazaar where each student sells goods and services to their classmates. They have $10 to spend on what they sell, and they exchange points earned from good behavior in class for fake money to shop in […]

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The Business Model of New Year’s Resolutions

An interesting thing happens every January. The gym is more full than normal (very frustrating for those of us who go year-round and get used to having the place to ourselves 11 months of the year). Places of worship see increases in attendance and donations. I’d imagine more blog posts are written, more journals are […]

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