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Archive For: Leadership

Why Business Execution is Critical to Successful Business Growth

Why Business Execution is Critical to Successful Business Growth

Businesses plan for growth all the time.  The difference between the successful ones is that they executed the plan!  It seems kind of simple.  But, how many times have you planned something and then never followed through?  Business execution is just a fancy word for “follow through.” Business execution takes commitment and discipline.  So does ... 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
 
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
 
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

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

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
 
Answering the Hard Questions about Leadership

Answering the Hard Questions about Leadership

In my post last week titled Why Leadership is Critical to Business Growth I mentioned my recent reading of James Hunter’s book The Servant.  He makes some interesting statements in the book as he leads you toward what he believes is leadership. I am interested to hear how you feel about some of these positions. ... Read More
 
Why Leadership is Critical to Business Growth

Why Leadership is Critical to Business Growth

A few weeks ago in a presentation a local business leader whom I very much respect suggested a book that I had not heard of before on leadership – The Servant by James Hunter.  So I wrote it down in my Evernote and looked it up over the weekend.  He said it was a quick ... Read More
 
5 Owner Competencies Required for Rapid Business Growth

5 Owner Competencies Required for Rapid Business Growth

There are dozens of articles and blog posts written every day about what you need to really grow a business.  Most tout the most obvious aspect – more money and financing; better marketing; added sales; a raving customer; etc. Tell you something you don’t know if you own a business.   You need all those things just to have a ... Read More
 
5 Questions Help You Get Past Shiny Object Syndrome

5 Questions Help You Get Past Shiny Object Syndrome

I see small business owners get distracted from their main vision all the time.  It’s amazing how many owners have attention deficit disorder (ADD). ADD can be a strength in business.  But, it also presents its challenges by creating what I call – shiny object syndrome! Shiny object syndrome stems from a person’s ability to ... Read More
 
What’s Your Greatest Challenge in Exiting Your Business?

What’s Your Greatest Challenge in Exiting Your Business?

Is Your Business Ready for You to Leave? Last week I post a question, “What’s Your Greatest Challenge in Exiting Your Business?”, on LinkedIn.  My intent was to get some feedback before writing the next few weeks’ posts on “exit/succession planning.” While I got a few interesting comments, which I plan to write on later.  ... Read More
 
Make Your Own Way Because the Time Is Never Right!

Make Your Own Way Because the Time Is Never Right!

It amazes me how many small businesses are frozen with fear of the unknown.  For years most businesses struggled.  First it was the weight of the financial crisis.  Then it was healthcare.  Next, it was the election.  Now, what is the problem? I’ve been telling clients and any other business owner that would listen for ... Read More
 
6 Step to Creating A High-Impact Growth Strategy

6 Step to Creating A High-Impact Growth Strategy

I have advocated for years that growing a small business is a defined and repeatable process.  The past few weeks I shared all the definitive research and available resource to support my premise. My hope is you now have an appreciation for the fact that small business growth is easier than most people think.  But, ... Read More
 
Do You Really Know What You’re Chasing?

Do You Really Know What You’re Chasing?

I was attending a local networking event today.  The presenter was a local serial-entrepreneur that shared his most recent success story and his philosophy on what he felt was important to entrepreneurial success. Everything he said was right on point and what I have experienced myself over the years.  One thing that really jumped out ... Read More
 
Leadership’s Most Important Factor

Leadership’s Most Important Factor

Last week a local story caught my attention as it exemplified the question often asked about leadership.  What is the most important factor that influences good leadership? A coach from a local high school with an tremendous record was hired by a major university to become an assistant coach.  For a high school coach this ... Read More