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2 Skills Create Entrepreneurship on the Beach

2019-08-24T17:21:15-07:00By |Entrepreneurship, Featured, need keyword, Strategy|

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 business owner in the direction of [...]

3 Reasons Growth is Hard for Small Business Owners

2019-08-24T17:21:48-07:00By |Featured, need keyword, Strategy|

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 you understand the cause and effect impact of your [...]

3 Questions You Must Answer to Successfully Exit Your Business

2019-12-14T09:12:06-07:00By |Featured, need keyword, Planning, Strategy, Succession_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, you’ll get there!  Then [...]

3 Steps to Get Your Business Growing Again

2019-12-14T09:21:30-07:00By |Business Growth, Planning, Strategy|

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 your growth plan?  Or, have you begun to work [...]

Business Scalability and Self-Sustainability

2019-05-05T09:33:53-07:00By |Entrepreneurship, Featured, Self-Sustainability, Strategy|

2 Entrepreneurial Competencies Leading to Business Growth 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 two entrepreneurial competencies, mastering [...]

Predicting Business Success – Success Step 5

2019-12-14T09:22:17-07:00By |Featured, Management, need keyword, Strategy|

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 think regular meetings are a waste of time.  I hear [...]

Maximizing Your Resources Speeds Business Success

2019-12-14T09:23:06-07:00By |Featured, need keyword, Planning, Strategy|

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 resources with which to work. [...]

How to Become an Entrepreneur

2019-12-14T08:40:27-07:00By |Entrepreneurship, Featured, Personal Growth, Strategy, Succession_Exit|

Answer One Question to Change Your Mindset The statistics are shocking as to how few small business owners really think about transition planning, or more traditionally referred to as exit planning. That's why they are small business owners.  They don't know how to become an entrepreneur! As I looked at [...]

Build an Asset NOT Just a Job – Entrepreneurship

2019-12-14T09:26:51-07:00By |Business Growth, Entrepreneurship, Featured, Slider, Strategy|

Do you work your business like a job for a paycheck or do you build an asset which will generate wealth like an on-going annuity for you and your family? This is what keeps small business ownership from true entrepreneurship. I picked entrepreneurship as the topic because I am up to my [...]

2 Things Can Kill Your Profitability

2019-12-14T09:30:57-07:00By |Featured, Management, Strategy|

If your profitability is not where you want it, then only 2 things can be causing it – either you don’t have enough revenue and/or your expenses are too high!  Sorry to make it so simple, but it is that simple!  Too frequently entrepreneurs overcomplicate the situation and avoid [...]

Growing a Small Business – 3 Things Make It Happen Faster

2019-12-14T09:33:47-07:00By |Business Growth, Featured, need keyword, Planning, Strategy|

Growing a small business is actually a simple process.  There is a defined and predictable formula to small business growth.  The problem is most small business owners don’t take the time to learn the formula! While the formula is simple it is not easy.  That’s because there are so [...]

#1 Reason Exit Planning Is So Critical When Starting Your Business

2015-07-13T18:01:53-07:00By |Featured, Strategy, Succession_Exit|

One of the first questions I ask clients when I start working with them is “what is your strategy to exit your business?”  Most of them say “I don’t know” or more frequently “I am just getting started, why would I think about how I will exit my business [...]

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3 Ways Clear Vision Contributes to Your Business Growth

2019-08-18T08:54:21-07:00By |Featured, Home Page, Planning, Slider, Strategy|

Vision is passion documented.  And passion is a powerful motivator.  In a previous post titled Why So Many Small Business Owners are Unhappy, I discussed how many entrepreneurs get distracted by the day-to-day operation of the business and lose the passion that drove them in the beginning.  The reason [...]

Using Strategic Partners to Expand and Grow

2019-08-24T17:28:44-07:00By |Featured, need keyword, Operations, Strategy|

How many of you think you don't have enough business?  Guess what, there are others among you that have said they have too much business!  These two predicaments are an excellent starting point to show the power of strategic partnering. A strategic partnership is a formal agreement between entities [...]

Business Planning Simplified

2019-02-17T08:19:05-07:00By |Planning, Slider, Strategy|

Have you ever heard the quote, “If you don’t know where you’re going any road will get you there..?” If business planning is not part of routine you’re living this quote every day. That being said, it amazes me how many business owners don’t do any business planning. For many that have [...]

Is Your Startup Focused on the Right Objectives?

2019-12-14T09:39:40-07:00By |Featured, Foundation, Strategy|

Lately I have been involved with a number of startup businesses, including a couple of my own.  One observation I have made is that many small business startup owners tend to focus later stages objectives rather than the early stage growth cycle objectives they should.  The result of their [...]

Nowhere Land – Stuck Between Small Business Survival and Success

2019-08-24T17:36:18-07:00By |need keyword, Self-Sustainability, Strategy, Survival|

A great family and friends, beautiful home, nice cars, regular vacations, all the material things you could ever want.  Your life is a dream.  Sound familiar or like what you want for your life? I meet small business owners all the time that live this lifestyle.  The problem frequently [...]

Knowing Your Operational Capacity

2019-12-22T17:35:43-07:00By |Home Page, Operations, Planning, Strategy|

Avoid Blowing Your Revenue Engine - Visiting Your Operational Capacity Many small to medium sized businesses struggle increasing sales because they don't know their operational capacity. When I ask "how many more sales do you want?" More often than I care to admit the answer is, "as much as [...]

What is Your Business Growth Stage?

2019-02-24T07:56:54-07:00By |Business Growth, Featured, Home Page, Planning, Slider, Strategy|

Knowing your business growth stage is critical if you want to speed your business growth. A previous posting, The Search for Growth Continues, concluded a 5 business growth stage model made the most sense. It's most common and statistical research supports it . Here are the five business growth [...]