Strategic Planning
How to Use Metrics and a Dashboard
Have you ever driven a car that had no speedometer? I had that thrill when a student at the Richard Petty Stock Car School of Driving at a motor speedway in California. With a wide…
Are Your Small Business Goals Too Low?
National “Reach as High as You Can” Day is on April 14, and no, it’s not a day to make you feel guilty about not doing your calisthenics. For small business owners, it’s a day…
A Very, Very Important Question
Cleaning out some files I came across one of the many quotes and sayings I’ve cut out and saved over the years. It contains such wisdom that if we’ll only keep it in mind and ask ourselves…
Have You Set Your Life and Business Goals?
We’ve spent several weeks discussing your vision for success, and whether you could be the next Ford, Jobs or Musk. Now it’s time to make this more tangible, more real—by attaching personal goals to this…
Top 5 Reasons Small Businesses Fail in the First 5 Years
Sadly, 55 percent of new businesses fail within the first five years. At times this can be due to unexpected causes such as radical technology, market shifts, or changing regulations. But even in these cases,…
Vision for Your Future Success is Everything!
I love absolute statements. And this is one of my favorites. You’re at the ignition stage of your newest business venture. Of course, you have a vision for what you will do to change the…
3 Invisible Mistakes Your Small Business Might Be Making
Successful entrepreneurs may look all jovial and rich, but the truth is that most of them have been to hell and back. They have undergone pain, frustration, losses, and even come to the brink of…
Secrets of Succession Planning for Successful Business Owners
It’s the one part of running a business that no one ever wants to talk about. Succession planning is the process of drawing up a contract that outlines who will take charge of your business…
Go With Your Gut Not Your Logic
Go with your gut… They say that our intuition is far more effective at decision making than the logical mind. Did you ever have a feeling that you should or should not do something? You…
The Essentials You Need for International Expansion
Once you’re successfully up and running on a national scale, you might want to think about where you can go next to turn your small business into something bigger and better. A great way to…