3 Excuses for Business Failure
Much is made of the reasons why businesses fail. Some of them are bona fide, while others are nothing more than poor excuses. Which of these do you blame?The Road to Business Success
If the road to hell is paved with good intentions, then the road to success has surprises of its own, too. One of the most frequent comments I hear in response to any suggestion for how to achieve success in some area of business is that, “That won’t be easy.” Why would you expect it to be?How to Fail in Business Without Really Trying
Although the road to business success has its rewards, not least of which is sitting in the driver’s seat, the journey can be fraught with blind alleys, pot holes, and traffic jams. For the unwary traveler, this can mean tail-gating someone else in the hope of reaching your destination. But, what happens if the person you’re following doesn’t know the way?Building a Transparent Open-Book Company: 3 Things Every Entrepreneur Needs To Know
Transparency in business means changing the way we think about aspects of our business such as determining who gets raises, how employees are evaluated, the channels of communication within the company, when meeting are held and how they are run, the role and responsibilities of employees, and who has access to the company financials. Making changes in these three areas means entrepreneurs and executives alike will begin to experience a shift in the way they do business. The result-a positive impact on the bottom line and the beginning of a process that will lead them away from being a slave to their business.5 Mistakes to Avoid in Business Partnerships
It’s been known for thousands of years, that two are better than one; and a business partnership for some comes as close to emulating this ideal as they can ever hope to get. The anticipated benefits are obvious: two can work as cheaply as one; two heads are better than one; and if one falls, the other can lift him or her up. What could be better?The Guppy Tank – Assessment of the Real Small Business
Most small businesses, especially start-ups, employ just a few people and have sparse sales. Nonetheless, the entrepreneurs who start them, and run them, are faced with many of the same problems that plague larger businesses. Yet the management resources are often limited to the business owner’s or owners’ skill-set. In this hypothetical case study, a small business owner goes into the Guppy Tank seeking financial assistance and shows us what it takes.How to Solve Your Customer’s Problem
Entrepreneurs are in business to solve the problems of their customers. If everyone could always get what they always wanted, there would be no need for anyone to provide solutions. But, they do have them; lots of them. What is your idea of an ideal solution?5 Ways to Make Your Customers Love You
The potted answer for how to get your customers to love you has always been to give them great service. This maxim, however, has meant different things to different people, not least the customers themselves. What is it that clients want? How can you really make them love you?Irrational Decision Making
The rational decision-making model is well known and is taught widely to those studying for MBAs. But, is it effective? Does it work? Can we ever expect it to work?How to Benchmark Your Business
Benchmarking has become so ubiquitous, that we don’t even seem surprised when the word is mentioned. It’s something that everyone just does, and they all think that they’d be foolish if they didn’t. But, are we overlooking the obvious?Essential Steps Towards Business Success – Part One
Whatever type of business you’re developing, having an idea does not automatically mean you’re a business person, nor that you want to be. In many cases it means that sales and marketing fall into one of two camps; “overwhelming” or “evil.”Stuck Launching Your Business?
If you or others you respect think you’re crazy for starting the business concept you’re working on, that is great news. That is where the best game-changers come from. But it is only the first step towards success. Here is the other one.