business

Improve Your Business By Traveling More

When Phil Romano founded Macaroni Grill, he traveled throughout Italy to determine what made restaurants so popular. Among other things, he found that in Italy a jug of wine is...

When Is The Best Time To Start A New Business?

There is a popular belief about stock market investing - don't try to time it, instead "dollar cost average." I agree. Dollar cost averaging means that the timing of our...

The Rise Of The Micro-Enterprise

Micro-enterprise has a pretty nice ring to it, doesn’t it? It even sounds like you’re part of something bigger than your office-in-a-box, because you are! Would you believe that around...

The Increasing Cost Of Doing Business

Have you ever noticed that the majority of business articles point to the (very real) fact that it is getting more expensive to run a business? Your employees don’t ask...

What We Have Learned From Failing Restaurants

Notice any of your neighborhood restaurants going out of business in this economy? If so, you are not alone! It is happening everywhere, to all kinds of restaurants. But the...

How Noble Are Your Goals?

Jim Collins famously has taught us to set BHAGs (Big Hairy Audacious Goals) in his book Built To Last.  Together these goals define the big vision you have for your...

Sammy Hagar: Red Rocker To Red Hot Entrepreneur

Anyone who has been paying attention to rock music over the last couple of decades can’t help but know about Sammy Hagar. He has proven that, in the music world,...

6 Indicators Your Business Is About To Hit The Wall

The later the phone call, the worse the news. And for me, those calls usually happen around 10 p.m. at night. My office phone rings and I know who and...

The Best Time To Sell Your Business

When you need money the most. . . when your sales are good, but your profits are bad. . . when you are exhausted and don’t want the business any...

A New Question

The next time you meet with a fellow entrepreneur and discuss your businesses, ask him/her this question: How profitable is your business? For some reason that question never gets asked,...

Listen to Mike’s podcasts on your favorite app: