Yearly Archives: 2013

Successful Entrepreneurship is Hard Work!

Successful Entrepreneurship is Hard Work!

I made a prediction a while back that developing successful entrepreneurship will be the next big bubble. Not to be a negative nelly.  But, there is lots of hype around successful entrepreneurship these days.  And for good reason, there is a lot of upside with being an entrepreneur. However, whenever there is a trend there are ... Read More
 
2 Major Contributors to Successful Entrepreneurship

2 Major Contributors to Successful Entrepreneurship

Next week is Global Entrepreneurship Week! It’s hard to believe a year’s already gone by.  However, how have your aspiration to become an entrepreneur progressed. If you follow any of my social media or blog posts you probably already know that my definition of entrepreneurship is a little more stringent than Webster’s Dictionary.  But, there ... Read More
 
Creating Business Systems – Your Key to Self-Sustainability

Creating Business Systems – Your Key to Self-Sustainability

It is amazing how many businesses are stuck in stage 2 – the survival stage of growth.  What is it that causes this to become an obstacle to business owners developing a self-sustaining business?  In a word – MANAGEMENT! If you aren’t already familiar with the stages  of the growth cycle or the main goal ... Read More
 
Why Passion is Critical for Business Success

Why Passion is Critical for Business Success

This week I figured I would talk a little bit about the first step in the strategic planning process – defining your passion.  A while back I wrote a posted titled Why So Many Small Business Owners are Unhappy where I made an observation of why small business owners get dissatisfied by life and business. ... Read More
 

Answering 4 Questions Makes Your Revenue Goal More Achievable

What would it be worth to know exactly what every person in your business needs to do to achieve your revenue goal for next year?  Imagine if every person’s objectives were set specifically to support the revenue goal!  It’s actually simpler than you might think. It’s all about tuning your revenue engine!  Our business management ... Read More
 
5 Things You Can Do Now to Improve Revenue Next Year

5 Things You Can Do Now to Improve Revenue Next Year

Well fourth quarter is here. While many will scramble to hit their revenue goals, if they’re not on track yet it’s probably because they started too late last year.  So, this year start earlier to improve revenue next!!! Most sales managers will tell you, if the sales aren’t already in the pipeline, hitting your goal ... Read More
 
Understanding Strategy vs Tactics: A Key to Business Growth

Understanding Strategy vs Tactics: A Key to Business Growth

The debate over strategy vs tactics rages on and on.  It is an important topic, and I will show you why in a moment.  However, if you ask any trusted adviser you’ll find that everyone has a little different opinion.  And even worse, usually uses their perspective to explain the difference of strategy vs. tactics. ... Read More
 
Thank You and You’re Welcome – Please!!!

Thank You and You’re Welcome – Please!!!

I read a random post by an old friend on Facebook last night.  She’s not a big blogger.  But, her Facebook posts are always entertaining. So, when I saw that she had posted a blog.  I thought this should be a good laugh.  Nothing could have been farther from the truth. Her post titled “No ... Read More
 
The Industrial Giants

The Industrial Giants

5 Characteristics of a Great Entrepreneurship The History Channel has a mini-series called The Men Who Built America which exemplifies entrepreneurship at its best through the industrial giants of the industrial revolution.  The series provides a historic account of the industrial giants John D. Rockefeller, Cornelius Vanderbilt, Andrew Carnegie, J.P. Morgan and Henry Ford. These men created what ... Read More
 
8 Critical Factors for Any Succession Plan

8 Critical Factors for Any Succession Plan

As I presented in my previous post Succession Planning vs. Exit Planning Which Do You Use?, the primary goal of any succession plan is leadership transfer.  So, you can imagine that things can get a little tricky. One of the biggest reasons is that most succession plan checklists out there seem to focus on the ... Read More
 
How to Get the Most Out of Life

How to Get the Most Out of Life

My wife paid me the highest compliment this week. And she didn’t even realize she did it . We were on vacation and just browsing the shops on the beach.  She saw the little card in the photo and said “hey Dino, this has you written all over it!” I read the card and instantly ... Read More
 
Succession Planning vs. Exit Planning Which Do You Use?

Succession Planning vs. Exit Planning Which Do You Use?

Often the terms succession planning and exit planning get used interchangeably.  However, there is a definitive difference between the two. It’s important as a business owner that you understand the difference. Succession planning is really identifying, training, and transferring the leadership/management of a company to another person or team of people.  Exit planning, on the ... Read More
 
Successful Succession Planning – 9 Things to Consider!

Successful Succession Planning – 9 Things to Consider!

Succession planning is something too many small business owners think about too late!  Many don’t even think about succession planning because they believe that they will just sell their and that’s the end of it. However, even with the sale of a business succession planning is critical.  The buyer will be your successor instead of ... Read More
 
3 Stages to Rapidly Achieving a Self-Sustaining Business

3 Stages to Rapidly Achieving a Self-Sustaining Business

In the post “What Is a Self-Sustaining Business?” the correlation between the growth cycle and creating a self-sustaining business introduced.  Here I’d like to share how to begin moving toward making your business self-sustaining! Achieving a self-sustaining business is simple enough.  You just have to achieve the goal of each of the first 3 stages of the ... Read More
 
What Is a Self-Sustaining Business?

What Is a Self-Sustaining Business?

I talk about a creating self-sustaining business all the time.  In fact, it’s the core of the Business Growth Simplified business philosophy! Assisting small business owners in growing a self-sustaining business. But, what does a self-sustaining business really look like, and how do you know that you’ve created one?  The test to determine if you have ... Read More
 
Build a Successful Business by Asking the Right Question

Build a Successful Business by Asking the Right Question

To build a successful business is easier than most people think.  You just need to ask the right question that lead you there in the most direct way possible Tonight I’ll be meeting a bunch of new people.  Most will be at the event because they are starting their journey to build a successful business. ... Read More
 
Cash Flow is KING: How to Monitor It Easily!

Cash Flow is KING: How to Monitor It Easily!

While cash flow is a regular topic here, it’s been a while since we hit the topic from a finance and accounting perspective.  While many small business owners find accounting to be tedious it is extremely important if you ever want to have success with your business. The reason cash flow is so important for ... Read More
 
How to Increase Revenue by Year End

How to Increase Revenue by Year End

Will you hit your revenue goal for the year?  It’s 6 months into the year.  Do you know where you stand and what it will take to increase revenue so you hit your goal or what will it take to get there? If you are on track to hit your goal, what would it take ... Read More
 
Does Good Leadership Meet Needs?

Does Good Leadership Meet Needs?

A few weeks back in my article title Answering the Hard Questions About Leadership, I asked the question “what is the nature of leadership?”  I received several dozen responses to the question via a variety of social media channels. It was more than I expected.  Most seemed to agree with my belief, good leadership is ... Read More
 
6 Questions That Help You Increase Revenue

6 Questions That Help You Increase Revenue

Completing Your Mid-Year Recalibration to Increase Revenue We’ve hit the mid-year point again.  Many small businesses are looking at their numbers and asking “can we get there from here?”  That depends, are you going to leave it to chance or are you going to aggressively manage it? To aggressively managing it doesn’t mean just more ... Read More