Posts Tagged ‘Strategy’
How Do I Make the Right Business Decisions?
When it comes to running a business, big or small, there is no secret recipe for making the right decisions. And there is often more than one right decision—or no right decision, and just one that’s the best of all the options. But you can equip yourself with a few tools that will certainly help…
Read More5 Questions Every Entrepreneur Should Ask Themselves
A large part of achieving success is asking the right questions and getting honest answers. These questions will have an effect during any stage in your career and it starts with you. What am I willing to sacrifice? On a daily basis, entrepreneurs make tough decisions that affect the lives of their employees and health of…
Read MorePreparing Your Marketing Strategy for 2016
As we begin to wrap up the year 2015, now’s the time to start planning and strategizing for 2016. Among the things you’re sure to work through during this time period, your marketing strategy/plan should be on top of the list. A detailed marketing plan sets clear, realistic and measurable objectives (including deadlines), provides a…
Read MoreNeed a Growth Strategy? Avoid These Epic Fails.
What do startups and mature SMBs have in common? The need to develop and implement an effective growth strategy. This always proves easier said than done and that is in part due to the fact that growth strategies are rather elusive, almost like shapeshifters in science fiction. You think you see one at a distance,…
Read More10 Strategies to Minimize the Perils of a Startup
There is an old saying that good lawyers run away from risk, while good businessmen run towards risk. Entrepreneurs see “no risk” as meaning “no reward.” In reality, all risks are not the same. Many risks can be managed or calculated to improve growth or provide a competitive edge, while others, like skipping quality checks…
Read MoreTry to Look at Problems from Different Perspectives
Never let the future disturb you. You will meet it, if you have to, with the same weapons of reason which today arm you against the present. ~Marcus Aurelius As many of you know, I really enjoy hiking, especially in the woods. Nature constantly surprises me. Recently, I was hiking on the Bartram Trail, which…
Read MoreDouble Down!
This piece of wisdom came from Jeff Bezos, founder & CEO of Amazon, during a board meeting for one of the companies where he sits as board member. Jeff asked the question, “Is there anything big or small, which is working better than you expected? Is there anywhere we could double down?” Bezos’ point was…
Read MoreBottom Up Budgeting Creates Waste
Many people believe that bottom up budgeting leads to waste and misdirection. The advocates of top-down budgeting are strong in their belief that if you give each person or department no guidance, they will budget to their wants or specific needs, not to those that support a corporate goal. So, they argue: Give your people…
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