VIDEO: Why You Need To Be Better At Responding To Change

One of the advantages of a small business is their ability to change direction quicker than larger corporations.  Moreover, the rate of business change continues to accelerate which has given small business a leg up on larger corporations.  However far too many small businesses continue to rely on business principles defined long ago when the rate of change was much slower.   In this video discover that has changed and what you can do as a small business to be more responsive to change.

VIDEO: Why You Need To Be Better At Responding To Change Read More »

PetPal Minimum Marketable Product

How to Reduce Startup Risk with an MVP, Minimum Marketable Product, and Minimum Lovable Product

Before Investing Time and Energy in Engineering a Final Product, Founders Need to Begin by Developing a Minimum Viable Product (MVP) to Validate Their Overall Idea and Concept, Progress to a Minimum Marketable Product to See If Others Will Exchange Money for It and Get Genuine User Feedback, and Finally Scale the Solution to Create a Minimum Lovable Product That Appeals to The Mainstream Users.

How to Reduce Startup Risk with an MVP, Minimum Marketable Product, and Minimum Lovable Product Read More »

Greed

The Truth About Business Greed And Profits

Many People Believe That Profit Is The Only Thing That Matters, And Those Business Owners Are Driven By Greed. Not True. Profit Is A Critical Ingredient For An Organization To Stay In Business. Profit Is An Indicator Of How Well The Company Is Performing, A Feedback Mechanism To Correct And Improve Performance, Insurance To Ensure Survival In An Uncertain Future, And The Investment Capital For Future Expansion Of Jobs Or New Machinery.

The Truth About Business Greed And Profits Read More »

Angry Man - Your Fired

Don’t Make This Dumb Mistake – Firing Employees That Are Quitting.

The Great Resignation Has Caused Many Employees to Quit. But Many Employees, In A Childish Act, Resort to Firing Employees for Being Disloyal, Hurting the Remaining Employees and The Business Brand. Click Here to See Why Firing Employees for No Other Reason Than Quitting Is Bad.

Don’t Make This Dumb Mistake – Firing Employees That Are Quitting. Read More »

Sales Discovery Meeting

How to Use Sales Discovery Questions to Close More Deals

When It Comes to Sales, Too Many Small Businesses Spend Too Much Time Pitching Their Solution and Not Enough Time Listening to the Prospect. Small Businesses Need to Use Sales Discovery Questions to Control the Buyer’s Journey and Uncover Their Needs, Challenges, and Goals Before They Offer Their Solution.

How to Use Sales Discovery Questions to Close More Deals Read More »

Debt collection

Five Things You Need to Know Before Hiring a Debt Collection Agency

Many businesses these days have a lot of invoices that their clients have left unpaid. According to Entrepreneur, the estimated amount of outstanding invoices across the US is somewhere around $825 billion. This puts every small business’s average amount of unpaid invoices at $84,000. It is not uncommon that some of these debts are paid

Five Things You Need to Know Before Hiring a Debt Collection Agency Read More »

Direct to consumer purchase

8 Challenges to Direct to Consumer Business and How to Overcome Them

Small Direct to consumer Companies Are Finding It Harder to Maintain Margins and Profitability Given Rising Customer Expectations and Customer Acquisition Costs, Along with a Worsening Ability to Measure Ad Effectiveness, Ad Fraud, and Ad Blindness. Coupled with Soaring Shipping Costs and Supply Chain Issues, Direct to Consumer Companies are Feeling the Squeeze.

8 Challenges to Direct to Consumer Business and How to Overcome Them Read More »

Buy Four Green Houses Before You Buy a Red Hotel

Successful Business – Buy Four Green Houses Before You Buy a Red Hotel

Robert Kiyosaki, the author of “Rich Dad Poor Dad”, discussed the value the game Monopoly had in his education when he wrote that “You buy four green houses and trade them in for a red hotel.” The message here is that to have a successful business you don’t buy the red hotel right out of the gate. You build up your tacit business knowledge so that when you can afford the red hotel you are more likely to be successful.

Successful Business – Buy Four Green Houses Before You Buy a Red Hotel Read More »

micro business owner

What you Need to Know About Advantages and Disadvantages of a Micro Business

Starting A Small Business on The Side Can Be a Great Way to Diversify Your Income and Learn More About Business. However, It’s Not for Everyone. Before Taking the Plunge and Becoming a Micro Business Owner, There Are Some Significant Advantages and Disadvantages You Should Be Aware Of.

What you Need to Know About Advantages and Disadvantages of a Micro Business Read More »

Business Valuation - value of a company

How To Compute the Value of a Company – Everything You Need to Know About Business Valuation

As A Business Owner, You Will Need to Know How to Compute the Value of a Company Be It Your Own Business or One That You Hope to Acquire. Discover The 5 Reason to Conduct a Business Valuation, Things That Affect a Valuations Outcome, How to Value a Lifestyle or Micro-Business and 6 Other Methods to Establish the Value of a Company.

How To Compute the Value of a Company – Everything You Need to Know About Business Valuation Read More »

The 5 Stages of a Funding Plan

The 5 Stages of a Funding Plan

Most Businesses Require Some Form of Funding to Get Started. However, Based on What Business Stage the Business Is At, The Sources of Funding Will Be Different. This Is Where Your Funding Plan Comes in To Identify How the Business Will Secure Financing for Each Stage.

The 5 Stages of a Funding Plan Read More »

Digital Marketing Meltdown

You Need to Prepare for A Digital Marketing Meltdown

There is a very disturbing historical correlation between the causes that contributed to the 2007-2008 Financial Crisis and the current state of digital advertising. If your business is monetized by ad revenue, or your business uses digital ads to drive traffic to it, you should take into account the unstable nature of advertising and not get blindsided when the bubble bursts.

You Need to Prepare for A Digital Marketing Meltdown Read More »

Freelancer Contractor

VIDEO: Know Your Hiring Options – Contractor Vs. Employee – What Is Better

Enjoy the following excerpt from my FREE What You Need to Know About Starting a Business course where I talk about the difference between a 1099 subcontractor and an employee. Video Transcript (Lightly edited for clearity) If you have independent contractors and if you tell them when to show up, you provide tools for them, and you

VIDEO: Know Your Hiring Options – Contractor Vs. Employee – What Is Better Read More »

Making your Message Stick

How To Make Your Marketing Message Stick

Making your marketing message stick in a consumer’s mind is not about being charismatic pitchman, having lots of resources behind you, or even being a creative genius. To communicate a marketing message successfully the message must have a simple and relatable core message (Simple). It must make people stop and pay attention (Unexpected). It must make people understand and remember it (Concrete). They also need to agree or believe it (Credible), care about it (Emotional), and be able to visualize it (Story).

How To Make Your Marketing Message Stick Read More »

Woman Owned Business

Video: What You Need To Know About Your Funding Options

Enjoy the following excerpt from my FREE What You Need to Know About Starting a Business course where I talk about two common small business funding options for small businesses. We will discuss what I call the debt continuum, how lenders control risk and reward, and the value proposition for equity financing investors you can use to convince investors to fund your business.

Video: What You Need To Know About Your Funding Options Read More »

roadmap to grow your business

How To Turn Your Story Brand Framework into A Roadmap to Grow Your Business

Your story brand framework can be used to create a roadmap to grow your business by creating a one-liner for your company, a lead generator to collect email addresses, an automated email drip campaign, collecting and telling stories of transformation, and a system that generates referrals.

How To Turn Your Story Brand Framework into A Roadmap to Grow Your Business Read More »

The Truth About Why Draws and Distributions Are Non-Taxable

Draws and distributions are simply a mechanism that allows owners to take out excess cash from the business. In pass-through entities, there are no tax consequences for doing either an owner draw, distribution, or a cash infusion in the normal course of business. This concept often creates a level of confusion for founders not versed in a few basic principles of accounting.

The Truth About Why Draws and Distributions Are Non-Taxable Read More »

Scroll to Top