With a large number of Americans either out of work or under-employed, many individuals have resorted to starting small home-based service businesses. It should be noted that a business is an entity unto itself. While it may have only one owner, as is the case with an entity that is sole-proprietor, a business should live […]
The process of gaining a true understanding of anything can be visualized as a continuum. When dealing with business situations, it is important that when you collect and organize what you think you know, you use the understanding continuum to challenge your thinking and give relative weight to each element. How can you apply the
The Hierarchy of Understanding Read More »
There are 5 things every start-up needs if it wants to be successful. The following list is presented in order of importance:
5 Things Every Start-Up Needs Read More »
Is social media just another way to separate a business owner’s money from the business? Small business owners hear that to be successful these days they have to have a social media presence. I remember with the advent of the Internet business owners were told that to be successful they needed to have a web page.
What is the Role of Social Media? Read More »
Humans have difficulty recognizing and reacting to experiences that are new to them. This mental state is called our “Normalcy Bias”.
Do You Suffer From a Normalcy Bias? Read More »
Want to get a quick answer to see if you have what it takes to be an entrepreneur? Take the following simple one question entrepreneurial test.
Take a Simple Entrepreneurial Test Read More »
When asked what is your entrepreneurial driver, most people have a rather vague answer. Here are the most common reasons I have heard.
What is Your Entrepreneurial Driver? Read More »
In the old west drinking establishments were called saloons. They were the hangouts for tough men and prostitutes, which gave the establishments a bad name. Ultimately saloons’ unruly reputation led to a movement for total abstinence from alcohol. In 1919 Prohibition was passed into law. Savvy bar-keepers, now forced underground, changed their image to that
Change Your Image To Get Results Read More »
Adam Smith wrote in his book The Wealth of Nations: “The value which the workmen add to the materials, therefore, resolves itself in this case into two parts, of which the one pays their wages, the other the profits of the employer upon the whole stock of materials and wages which he advanced.” As
You Should Be Getting Paid Twice Read More »
Every Business Model Needs to Leverage Something. That Special Leverage Could Be A Unique Skill, A Special Tool, Or Proprietary Process.
What is Your Special Leverage? Read More »
