SteveBizBlog

Business Failure is less when you help others

The 1 Simple Thing That Contributes to Most Business Failure

Before Starting a Small Business / Innovation, Social Media

One thing contributes to more business failure. If the reason you want to start a business is you want the flexibility to work when or where you want, to become rich, or because you just want to be your own boss, you have a higher likelihood of failure. You are more likely to fail because your reasons for starting a business are self-centered and not externally focused.

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The 5 Categories of Adopters – Why You Need to Know About Them

Small Business Marketing / Innovation

There Are Five Categories of Adopters. Each of The Five Adopter Categories of Users Requires A Different Marketing Approach to Win Them Over.

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Exploit the Future by Shaping It – Don’t Try to Predict It

Concepts Entrepreneurs Need to Know / Misinformation, Business Plan, Venture Capital, Innovation, Unpredictable

You need to shape the future rather than predict it. Why a manager entrepreneur approach is very different from a founder entrepreneurs

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How Your Reasoning Skills Can Affect Your Business Success

Concepts Entrepreneurs Need to Know / Business Plan, Innovation, Blue Ocean Strategy, Misinformation

The reasoning style of the manager entrepreneur, with their predominantly causal reasoning, approaches a business startup very different from the founder-entrepreneur, who approaches a startup business primarily with effectual reasoning.

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Why The Business Advice You Are Getting Is One Sided

Concepts Entrepreneurs Need to Know / Misinformation, Business Plan, Funding, Innovation, Thought Leader, Keyword, Business Consultant

Previously, we looked at how the startup landscape has changed and that you might not need a formal business plan to successfully launch your business. In this post, we will look into why we keep getting the same old business advice. What has emerged, as the funding and risk gap has widened, is a greater

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Why The Business Planning Advice You Have Received Is Probably Stale

Concepts Entrepreneurs Need to Know / Misinformation, Business Consultant, Niche, Bank Loan, Banks, Business Plan, Debt Financing, Equity Financing, Innovation, Long Tail Keywords, Mentor, Bootstrapping

Innovations and manufacturing businesses have different planning requirements than the more common support and local service businesses.

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What Is the Value of Quiet Time?

Concepts Entrepreneurs Need to Know / Innovation

One of the best things for me about hunting season is not the thrill of the hunt or even trying to outwit a wild and cunning animal. Nope, it’s far less glamorous – It’s the quiet time I have alone with my thoughts. I recall a story that I read as a boy about Fred

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How to Leverage Personal Development

Concepts Entrepreneurs Need to Know / Leverage, Venture Capital, Innovation

A while back, I was meeting with a client who was seeking venture capital investments to bring his product to market. I arranged to have Patrick Bultema, the Director of Innovation at Colorado College, to join us at one of our meetings. The reason why I invited Patrick to our meeting was that he had

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Why Buyers Buy a Business

Buy or Sell a Business / Sell a Biz, Bank Loan, Banks, Innovation, Buy a Biz

The inverse to why sellers sell a business is why buyers buy. Often a seller may only sell one business in a lifetime. However, buyers often buy several companies during their lifetime as they assemble pieces to help another business grow. Many buyers purchase a business to avoid the risk associated with start-ups and are

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Buy and Sell Innovation

Small Business Operations / Revenue, Business License, Budget, Innovation

Rather than attract and retain key talent in-house, have you ever thought about building or using a platform like innocentive? Innocentive connects seekers of solutions with solvers. By using this type of platform, you can pay talented individuals based on the number of transactions you need instead of retaining them for a reoccurring salary. They

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