ROI At first glance I suspect that most of you know what the acronym ROI is. For those of you who do not, it is Return on Investment. The most common understanding of ROI for most comes in the world of investments, specifically the stock market or in real estate. Today I would like to […]
Success Barometer I have never liked using money as a yardstick for success. No matter what stage of your business you are at you have already hit the lottery! Consider how few people even try opening a business, consider how few people have had to make a sale or place advertising, or hire people, or […]
This is Quality Control to Major Tom Quality is not what you may think. We often think of handmade luxury goods as “High Quality”, but I would argue that more automated processes create “consistency” and therefore each part is more perfect. Could you imagine building an aircraft engine by hand without the use of machine […]
Business Owner Stress Being a Business Owner can be rewarding, but it also comes with its fair share of stress and challenges. So many, in fact, that you may be feeling stress about things you didn’t even know you were stressed about. Certainly, the fear of failure is always on a Business Owner’s mind, and […]
What Makes an Exceptional Leader? Let me begin by saying that there have been literally thousands of books and articles written about Leadership, Becoming a Great Leader, and transitioning from Managers to Leaders. For that matter I can admit to you that parts of this blog are paraphrased if not directly copied from a blog […]
Annual Planning – Simplified. Albert Einstein was quoted as saying, “If I had an hour to solve a problem, I’d spend 55 minutes thinking about the problem and five minutes thinking about solutions.” How often have you been asked to join a planning meeting and found yourself wondering if it was in fact a “planning […]
The Most Common Mistakes Business Owners Make (Part 2) If you’ve read Part 1 in this series you will have recognized that they are a broad list of three common mistakes that deal primarily with planning, organizing and measuring. Not only are they relevant for start-up businesses but they apply quite significantly to those who […]
The Most Common Mistakes Business Owners Make (Part 1) Every person that I know, have met or heard about that has embarked upon the challenge of starting a business thinks very little of the common mistakes that have plagued most other start-ups. I can appreciate the fact that once the decision is made to own […]
False Indignation Maybe it’s just me, but it seems like people are more combative than ever these days. Perhaps I am wrong, as I have no evidence, but have you ever noticed that when you try to take corrective action with someone, they attack you in order to misdirect the conversation and escape the responsibility. […]
Finding Employees… it’s no longer a part-time activity. Just like most things you thought were going to be relatively easy, finding employees turns out to be harder than you thought. Contemporary news points out that most companies, especially small to medium size companies are having difficulty finding people to work. In recent months Chick-Fila has […]
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