Entrepreneurship

How Long Can You Go?

Extreme is good. Extreme is awesome. Extreme is profitable. But when your extreme behavior is inauthentic, rooted in a desire to get attention by whatever means possible, extreme is bad...

Hiring Too Fast vs. Hiring Prematurely

You may have heard the saying “Hire slowly. Fire quickly.” It is sage advice guiding us to take the necessary time to hire the right people the first go around,...

Fix The Slowest Part Of The Chain

Every business, be it a service provider or a manufacturer, or a restaurant or insurance company, goes through a chain of activities to deliver its offering. To be in the...

First Mover Advantage Redefined

Remember that term “first mover advantage”? I’m sure you do. And I also suspect you realize that it is pretty much no longer relevant - at least as to how...

Experience Vs. Opinion

Everyone’s got an opinion. Only a few have experience. Experience trumps opinion. Every. Single. Time.

Competing On Convenience

Convenience. It’s one of your customers greatest desires. A house used to be a cave. Drinking water was in a river a mile away. Dinner was a day’s (or week’s)...

Which Competitor Is Your Biggest Threat?

It seems most entrepreneurs fear the big players in their industry. We set our guns on the industry Goliath because if we can take them down, we can then take...

The Million Dollar Question (With A Twist)

Most people know how they would answer the question, “What would you do with a million dollars?” The replies are usually about stuff – new house, new car, bigger this,...

The 11 Steps To Firing An Employee

Being a business leader is not all roses and gumdrops (I suspect you already knew that). You will be required to fire someone at some point. Perhaps it is based...

Never Confuse Income With Wealth

Never confuse significant income with significant wealth. Never confuse activity with efficiency, nor efficiency with productivity. Never confuse workaholism with actual results. Forever spend less than you make, and significant...

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