Dan Lacy
Dan Lacy is the founder of Dynasty Business Building and is the principal in the organization.
Currently, he has ownership in three different businesses. He has coached over 500 businesses over the last 18 years, all across the United States. In the process, Dan has become a self-made millionaire.
Prior to going into business for himself, Dan received a Masters Degree in Business from the Peter Drucker Graduate School of Management at Claremont Graduate School. He worked for one of the fastest growing banks in California, ran a small business investment company (business lender to high risk borrowers) and managed a venture capital fund.
Articles by Dan Lacy
Business performance hinges on your ability to understand your financial statements.
THE BALANCE SHEET
The most important element of a financial statement is the balance sheet. The balance sheet provides a picture—a literal snapshot—of the financial outlook at a given time in a company’s histo...
What do you think of when you hear the word bank? The thought probably has nothing to do with anything enjoyable. If you were to ask any business professional the first word that comes to mind, it would most likely be a provider of debt or money. When I hear the word bank, I think of vendor. I wi...
In the first and second chapters of the book of Numbers in the Old Testament, we find a detailed description of the Israelite campsite during their wilderness trek. To the casual reader an outline of the particulars of encampment might seem to be irrelevant minutiae. What is actually presented, ho...
Our culture revolves around statistics. In baseball there are statistics for the total number of bases a batter achieves versus his batting average. In cinema, the second week of a film's run is a more important factor in determining its long term success than the first. And in farming a high per...
The 80/20 Principle asserts that a minority of efforts usually leads to a majority of the rewards. For example, 80 percent of what you achieve in your job comes from 20 percent of the time spent. For all practical purposes then, four-fifths of the effort- a dominant part of it—is largely irrelevant....
One of the more significant challenges of owning a business is having enough cash to pay the bills. Your ability to pay your bills on time, to a large effect, is based on how successful you are in collecting your accounts receivable in a timely manner.
Companies we have worked with who had probl...
(INDIANAPOLIS, IN April 20, 2007) – Dynasty Business Builders announced today the addition of Tom Epply as a business consultant. An internationally recognized Lean Manufacturing Consultant, Epply will work one-on-one with business owners of stage two companies helping them move to the next level, b...
Learn to recognize potential problems before they threaten the survival of your business.
During the bleak days of the Depression, an aggressive politician from New York named Franklin Roosevelt made a bold promise that his administration would put “two chickens in every pot and a car in every ga...