There are three ways of looking at preparing your business for succession. You can do it now, while you are successfully running your business. You can put it off until later, when you hope you will have more time. Or, you can plan to never do this work. In research done by Environics [1], that […]
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The Driver’s License for Your Business
Being a good business owner takes many skills, like leadership, time management, creativity, people skills, finances, and others, as you have already discovered over the years. Owning and running a business has many parallels to owning and driving a car. But there are legal limitations on how long you can drive a car. What about […]
If You Can’t Afford To Lose Client Relationship – Be Good at Communications
In June I had my Facebook account suspended because an Instagram account, that was not mine, was not following the rules. If you have ever had any issue with Facebook then you know how difficult it is to get your questions answered or connect to customer support. I had to go to the Internet to […]
Exiting Your Business is Like Running a Train with No Conductor
As a business owner, we are the conductor of our small business. The train runs because we tell it what has to happen and when. But, when we want to stop being the conductor, for most small business, this means the train will not run any longer. If we want to get off the train […]
Business Lessons Visiting Dealerships
A friend recently shared a story of how he and his business partner tried to purchase several cars for their business but no one would service them because they were dressed in t-shirts and jeans. That was “the 90s”. In 2013, I experienced a similar sales problem. I went into several car dealership, wearing a […]
Can’t find good help? Why your people don’t step up.
Let me start with a story: I have had several clients, whom are small business owners, tell me they cannot find good help. The owner hires people they expect to do well and then have to fire them within a few months, or less. They have a huge challenge getting the people they hire to […]
Invest To Create a Successful Business
Of course you are going to invest in your business. You started with your time, researching, following up on opportunities, and paying for all the items you needed to get started. As Arlene Dickinson commented, “you’re going to need twice as much cash, twice as many hours in the day as there are, and twice […]
Building A Business Alone – 3 Levels of Support to Invest In
Not all help is helpful, and some is more than expected. How do you find the best fit for what you want to spend? I know because I’ve paid for support in my business that was less than helpful, I’ve also paid for the support that took me farther than I would have imagined. I’ve […]
What You Have That The Government Does Not
I believe in government as a necessity to ensure things happen for a large group of people. In fact I live in a country where government is a big part of our lives (more than 50% of our income goes to taxes) and we get to say we live in the best country in the […]
Understand your “Ten Times Business”
Times Ten To ensure you don’t stall on your way to a larger income you need to be prepared to do what needs to get done when you get to what would be a typical level to stall. This has more to do with your psychology then money or time which tend […]