Overcoming Difficulties

Hospitality Financial Leadership – Financial Statement Analysis and Your Hotel Career

If you google the words “financial statement analysis,” you will get a long list of definitions like this one by Wikipedia: “Financial statement analysis (or financial analysis) is the process of reviewing and analyzing a company’s financial statements to make better economic decisions. These statements include the income statement, balance sheet, statement of cash flows,...

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Hospitality Financial Leadership – The Trip to the Psychologist

In life I have always believed I should seek professional help whenever necessary: doctors, dentists, accountants, mechanics, coaches and psychologists too. My father always said, “If you don’t know what you’re doing with what you think you are trying to fix, go see someone who knows what the hell they are doing—you have no place...

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Hospitality Financial Leadership – Overcoming Challenges – Niki Lauda

I’ve been through a lot and I realize the future can’t be controlled. I’m not worried. You can always learn to overcome difficulties. – Niki Lauda Overcoming a setback like a divorce or losing a job is very challenging. Overcoming and moving on after nearly being burned to death must be incredibly difficult. Niki has always...

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