What to Know Before You Close Your Business: 3 Stages of a Dying Business Owner
Nearly half million businesses are started each month. Within 4 years, more than 50% of them fail. Discover the signs & symptoms before you head down that slippery rabbit hole and what you can do to avoid such a fate for your business.How to Select a Business Idea? 4 Steps to Choosing a Life-Fulfilling Business
People usually look for the entrepreneur-Genie deep inside their potentials reservoirs and opt to have their own businesses to have more freedom in time and inspirations. So, how to pick your next business idea in such a way that will assure you a quality of life afterwards?Getting Your Business Started – The Triage Phase
Some of us are natural entrepreneurs, others would never, in an ideal world, even think about setting up in business for ourselves bur whichever way it is with you there are subjects that you never even thought existed to understand, and dozens of decisions to be made.It can be intimidating, but it needn’t be.Common Mistakes To Avoid When Buying A Business
New buyers make many mistakes before buying the business and after acquiring it. I have narrowed down eight common mistakes made by new buyers. The following are my expert tips on how to avoid these common mistakes.Leadership Skills Are Critical to Profits (For Solopreneurs, Too!)
Regardless of what you think, you need to be a leader. That means everyone: solopreneurs and employees, too. And no matter what stage you find your business in, start thinking of yourself as a leader if you want to see increased profits.Key Digital Trends in 2013
Here are the key digital trends for 2013: Consumers Taking Control from Brands/ Brand Shouting Evolves to Consumer Listening via Personalized Omni-Channel Techniques. Brands no longer have control of a one-directional conversation with their customers, where they shoutout mass-marketing messages and force feed consumers one-size-fits-all products they may or may not want. Enter the era of omni-channel marketing, that puts the customer at the center of all business decisions leading to highly personalized products and user experiences based on listening to the desires of their consumers. This evolution will material benefit both the consumer, through personalization, and the brand, who will now have a direct communication line into their customers. This shift will ultimately hurt and disintermediate retailers, who have historically controlled all communications with customers as the intermediary for the brands. Look for brands to evolve social media marketing efforts from buying display ads pushing products, to buying social listening research to help learn what consumers want.Are There Any Real Online Jobs Out There?
Yes, real online jobs do exist and the place where you can get them are called freelancing-sites. These websites have a marketplace where online employers come to hire freelancers to do work for them.Important Things Entrepreneurs Should Know While Setting Up Their Business
From winning $2,600 to start a small business venture with a college friend during my freshman year, to starting other small ventures during my last 3 years of college, I learned many fundamentals of business success, which have helped me succeed in my current business. Here are 6 tips that will help entrepreneurs set up their businesses strategically, and intelligently, to stay ahead in today’s fast changing environment. Let’s get started:Three Secrets To Becoming A Successful Entrepreneur
There are many secrets to becoming a successful entrepreneur. Three of the most significant are a demonstrated and infectious passion, a focused mission and vision, and relentless execution.How to End the Feast-And-Famine Cycle in Your Organization Once and for All
I have a client who recently hired me to help him get his organization back on track. Years ago his results were high and he was energized but over the past few years (after a crippling recession and some dramatic changes in his family life) his organization was all but bankrupt surviving literally day to day.Don’t Let These Lethal Mistakes Destroy Your Business
We all know someone who has a business that struggles to reach that next level. Maybe it’s your business. Many times this kind of struggle is simply due to the entrepreneur’s own mistakes- mistakes that are completely avoidable. Then there are those entrepreneurs who fall completely flat, and fail miserably. And, there are 9 potentially lethal reasons described in this article. Avoid these mistakes and you will NOT be one of those entrepreneurs who land at the bottom of the heap and out of business.Making Partnership Value Real: Know Your Strengths
At the core of successful partnerships is what I call “The Value Proposition”. As important as all three components of “The Value Proposition” are, it is possible to have complete agreement on all three and still have a partnership fail. This is possible because the three components of “The Value Proposition” address the “what” of a partnership, but they do not address the “how”. If the “how” is in conflict then the partnership can be in serious danger.