Strategic Planning
How to Battle the Dragon AND Avoid the Encounter
Sometimes a competitor is just too entrenched, too strong, too well equipped to directly face in battle. At least that is the conventional wisdom. Yet, there are constant examples of new entrants into a niche…
9 Best Practices for Viral Growth
Every startup company you’ll ever find will always be aiming to reach the same common goal: Growth. But not just any kind of growth, they want solid, constant, fast, and profitable growth. In other words,…
Having a System in Place for Your Business
Recently, the soccer coach of my son’s soccer team passed away. On top of being the coach of my son, he was the owner of a sportswear manufacturing and distributing business for 15 years. From…
What Do You Wish You’d Known Yesterday?
Wouldn’t it be great if there were no more digital or printed reports to tell us what happened in the past? I know. We need financial data for comparison, and to a degree—for planning. But…
How to Know When to Sell Your Online Business
A couple of years ago, one of our customers lost over $96,000. He lost this money because he missed the signs it was time to sell his business. Early in 2007, Jorge started a website that quickly…
5 Small Business Errors and How to Avoid Them
Many small businesses fail because they make certain basic errors. Hard work and a great business idea will not save a company if it makes one of these mistakes. This article reviews five key small…
Technology and Strategic Planning
The biggest risk is not taking any risk… In a world that is changing really quickly, the only strategy that is guaranteed to fail is not taking risks. ~Mark Zuckerberg Strategic planning must be done…
5 Ways Consulting Helps Build Your Business
When You Might Need Remote Consultants While running a business, there’s a point when it may become necessary for you to look for help managing the day-to-day operations. You can hire remote workers or virtual…
Business Plans are Always Wrong
Yes, I admit; I’ve used “business plans are always wrong” a few times in slides, blog posts, and even in both of my two latest books. It’s an important concept. Way too many people misunderstand…
Make Adequate Thinking Time a Priority
Whatever failures I have known, whatever errors I have committed, whatever follies I have witnessed in private and public life have been the consequence of action without thought. ~Bernard Baruch Warren Buffet spends about 80%…