If you have not yet noticed, my site has a new name (“Advice for Small Business Owners”), along with a new slogan (“Helping small business owners solve the issues they face on a daily basis”). Other things are changing as well – I’m starting to display some information about my site on my site. I’m [...]
If you don’t know where you’re going, you can’t get lost. I advise some companies on strategy, helping the owners figure out where their business is today, and where they would like to see it in 5 years. These two pieces of information can then be used to devise a road map for success for [...]
I listened to a talk this afternoon in which the speaker started off with a single statement: We all screw up on occasion. While that’s certainly true, it seems that some people are more prone to errors than others. Some people seem to have the Midas touch, with everything they come in contact with turning [...]
I attended a lecture this week in which the speaker was discussing the concept of choices. His conclusion, based on a variety of arguments, is that the fundamental difference between people is the choices we make. I then reflected on a conversation I had with an entrepreneur last week, in which we were discussing the [...]
This is the 200th article on this site, which makes it the topic of today’s article – milestones. Back in January, I started a schedule of posting 3 articles per week, Monday, Wednesday, and Friday. Then, at the end of February, I merged another blog with this one, and increased my publishing frequency to 5 [...]
Sunday evening I decanted a couple bottles of coffee liqueur which I had made several months earlier. It’s been 18 months since I made my first batch, and I reflected on the fact that my business is quite similar to the process of making a bottle of homemade liqueur. Experiment First, there’s the fact that [...]
We aren’t all so unlucky as to lose our jobs, forcing us to work hard for our success. We won’t all be so lucky as to have someone drop $100,000 in our laps to try to build our latest idea into a business. But we all have the ability to just work hard at creating a solid product that fills a need, and if we focus on that, our success will be that much sweeter.
If you watch a movie involving aircraft carriers, you may have noticed this. On the carrier, the crew are wearing different colored jackets. Some of the crew are wearing blue, others yellow, others gray. Watching more closely, you’ll notice that each crew member interacts almost exclusively with other crew members wearing the same colored jacket [...]
The finale for Season 5 of Dragons’ Den was devoted to the 5 constant figures in the Den, the five Dragons. The show was titled Path to Riches and went through the story of how each Dragon reached their current success. What was especially fascinating about the show was that while discussing 5 unique stories, [...]
There is not a single niche market for which there is no competition – and I challenge you, my readers, to show me an exception. If you can understand who your competition is, and how you and they differ from one another, then you’ll understand the being novel is not that important. What is important is to be as good as possible at whatever it is you do.
