Long episode title, totally true statement. Your business’s worth is based on cash flow and its standing in the community. Your community standing and your worth are not a byproduct of your business’ success.
If you are blessed to have your workplace running on fairly good levels of consistency, you can take time to schedule more downtown for your employees, and for yourself, to maintain the highest level of productivity possible.
An entrepreneur is not a job title, and few people who are true entrepreneurs are the ultra-rich standouts that 'success' coaches try to sell you is possible. Working for someone else and getting a steady paycheck does not d…
Hiding the unsubscribe options for digital offerings is bad. Making unsubscribing a hassle is also bad. Giving dissatisfied customers an easy out of their obligation is good and might make them think twice about leaving your…
Not having enough time in your business is a sign of two possible problems, one a good one to have that is easily managed, the other a harbinger of doom that could be a major clue to personal burnout.
Lack of sales and interest for your product can come from a bevy of factors, but a simple one to rule out is on the look of your product. Is the marketing, packaging, or the product itself not appealing, or is there actually…
The key to higher profit margins it not to buy extremely low quality supplies to keep your costs artificially low. You should look for peace of mind and steady profits, and that means paying what it takes to ensure quality o…
It’s a hard fact to come to terms with, but if you are now making sales you are failing at a simple formula. Whenever you present your sales pitch to the right audience in the right form on the right platform, you will make …
Adding paperwork to any process slows it down, allowing you to get a handle on orders that need delivery and making customers with a habit of skipping out on the bill think twice before creating a paper trail to find them.
Running your online presence on social media platforms like Facebook is akin to choosing to do physical business at a flea market as opposed to leasing space in a strip mall, figuratively raising a building you own outright …
You can get lucky once but a business needs a consistent effort. If you can’t repeat your process for delivering a product or service, you can't sustain a business.
This is not a trick question. Some people have the ability to tune out the world and let their business run completely on autopilot (and the hard work of properly trained employees) for a while. Many do not.