Business Execution – 10 Things Make You More Effective

Action vs Execution

Last week I started a new set of articles focused on execution titled Why Business Execution in Critical to Successful Growth.  In it I tried to convey the difference between just taking action and business execution, also known as business strategy … [Read more...]

Understanding Strategy vs Tactics: A Key to Business Growth

Strategy vs Tactics

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 … [Read more...]

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

Service Rep Helping Customer

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 … [Read more...]

Succession Planning vs. Exit Planning Which Do You Use?

Succession Planning

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 focuses on … [Read more...]

Successful Succession Planning – 9 Things to Consider!

Succession Planning

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 … [Read more...]

3 Stages to Rapidly Achieving a Self-Sustaining Business

Distractions

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 … [Read more...]

5 Questions Help You Get Past Shiny Object Syndrome

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 – … [Read more...]

What’s Your Greatest Challenge in Exiting Your Business?

Businessman with World on Shoulders

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 … [Read more...]

6 Step to Creating A High-Impact Growth Strategy

Business 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 … [Read more...]

3 Things to Get the Right People on the Bus

Getting on the Bus

To build a business it takes a team.  In fact, it’s more important than most small business owners think! Ask any investor or lender and 9 times out of 10 they’ll tell you the most important factor that they evaluate is the TEAM.  Why?  Because if … [Read more...]

5 Steps to Creating Affiliate Partnership that Work!

Alliance Partners

Nothing Happens Until Someone Executes   I am always asked to participate in ventures, join alliances, and partner with businesses.  Rarely do I get involved.  And, my rationale for saying “no” seems to upset a lot of people as a … [Read more...]

The 6 Step Success Process Re-Visited

Strategic Planning Framework Diagram

Last week in the post Will Your Business Grow This Year? I asked some very tough questions to get you thinking about what’s necessary to assure you’ll hit your business goals for this year.  Have you asked the questions yet?  And is your Q4 plan … [Read more...]

2 Skills Create Entrepreneurship on the Beach

Beach Business

Been at the beach for a short vacation this weekend and made a surprising observation. It doesn’t matter how big or small an establishment, if you think like an entrepreneur you can build a self-sustaining business!  What are the things that move a … [Read more...]

3 Reasons Growth is Hard for Small Business Owners

Struggling with Business Growth

If you are a small business owners struggling with the growth of your business there are 3 potential strategic factors that are keeping you from small business growth. Do you fully understand your desired personal outcome for your business? Do … [Read more...]

3 Questions You Must Answer to Successfully Exit Your Business

Business Exit

I attend a lot of meetings and seminars focused on exit planning.  But, most fall short because they only focus on the transactional portion of the process. In fact, if you follow the advice that I’ve been posting for more than 2 ½ years now, … [Read more...]

3 Steps to Get Your Business Growing Again

Watering Sweatpea Seedlings

All the small business economic trends according to the National Federation of Independent Businesses (NFIB) seem to be pointing to the fact that the economy is picking up.  And, businesses are beginning to focus on growing again. Have you built … [Read more...]

2 Entrepreneurial Competencies That Lead to Business Growth

Handing Off Baton

Several weeks back I wrote a post titled Entrepreneurs Build an Asset NOT Just a Job .  In it I began to present the difference between small business owners and entrepreneurs.   While there are many differences and similarities I find a key … [Read more...]

Predicting Business Success – Success Step 5

Dashboard-Gauges

Monitoring the Right Things for Your Business Plans down always work out exactly as you thought.  The more rapidly that you can make adjustments the faster you’ll get to your objective.  That means monitoring regularly. Many small business owners … [Read more...]

Maximizing Your Resources Speeds Business Success

BusinessGears

So now you have found your passion  and have set a business vision to consciously use your company as a vehicle to realize success.  Many people begin scrambling to make things happen.  This is a mistake! Like anyone else, you only have limited … [Read more...]

Success Step 2 – Create Your Business Vision

Vision Image

In Success Step 1 – Define You Passion, you got a better idea of what success really looks like to you – both personally and professionally.   Now you need to apply this new found understanding to your business.  You do this by creating a business … [Read more...]