Displaying posts tagged with

“growth”

Tell A Story

One of the keys to landing some investment capital is to approach investors with a story. While some have taken this to mean that they should write a story (for example, Cindy Pichette and Kris Whiffing of Clean Stay who appeared on Dragons’ Den, Season 5 Episode 4 which aired October 13, 2010), this is […]

You Have to Love What You Do

I was giving some career advice to my brother, who is thinking of starting his own business so that he could be in control of his own destiny. Since he wasn’t sure what type of business he would like to start, I suggested that he find something he loves, and see if he can turn […]

Step Away from your Business

This week’s article in response to Dragons’ Den has to do with a deal that was offered, and then turned down. Since the editing this season makes it difficult to determine the exact nature of the business and the terms of any deals offered, though, I will not discuss the deal in particular, but rather […]

Solo in Business

This past weekend, I spoke at Freelance Camp TO, whose tagline was: Be in business for yourself, not by yourself. Perhaps one of the most difficult things for a solo business owner is the fact that while they know a lot about their own business, they have a limited perspective, that is, they are stuck […]

Owners and Managers Don’t Mix

On a fairly frequent basis, I have occasion to talk to business owners and business managers through my work. One owner made a fairly astute observation about the role an owner plays in a business versus the role a manager plays in a business. It was summarized as follows: An owner and a manager of […]

Everything is Good – Until It’s Really Not

I’ve been called a cynic many times, perhaps because I tend to see situations with a negative spin, or, as I prefer to call it, a realist’s perspective. It’s not that I don’t believe in having an optimistic approach, it’s that history has demonstrated that being prepared for the worst is rarely a bad thing. […]

What You Can and Can’t Learn from Watching

When in university, I worked in a biology laboratory that followed a basic system of instructing members of the team in various techniques. One person would show another how to perform the technique, the student would perform the technique themselves under supervision, and then instruct the next student in line. In business, this is no […]

Growth, Expansion, and the First Hire

Perhaps the hardest decision made by the owner of a growing business is regarding the first hire. It’s at this point that the stakes in the business change, from being responsible for yourself to being responsible for employees. Where before a lack of business meant that you personally didn’t get paid, now there are other […]