Image via Wikipedia The training we receive in our formative years has a powerful influence on us as adults. The ways we learn to win as we are starting out tend to shape our view of how success is attained. The only problem with this is that as you become more successful, the rules for [...]
Image by nDevilTV via Flickr Organic company growth is typically seen as something that is steady. Five to twenty-five percent a year growth is deemed reasonable and in many cases aggressive. Hockey stick growth, that which is 50, 75, 100+ percent growth in a single year and then sustained at high rates in a few [...]
Continue reading about The Value of Casting a Long-Term Vision
Image by The Library of Congress via Flickr By now, everyone has heard that success people create plans and goals for their future. However, in a recent panel discussion I attended of Smith College professors, historians and activities, there was a thought provoking conversation about the importance of and need for women to write their [...]
Continue reading about Who’s Writing Your History and Why Is That Important?
This is habit number 4 in the series, The 7 Habits of Modestly Successful Entrepreneurs, following: 1) selling time for money, 2) working too hard, and 3) relying too much on data. These habits are the things that keep business success at a modest level. Implementing business strategies to break these habits can propel entrepreneurs [...]
Continue reading about Modest Success Habit #4 – Selling to Everyone
There are many former corporate employees in business for themselves today. This number has grown recently due to the layoffs and business closings prevalent in today’s economic environment as is likely to continue growing in the months to come. These highly skilled people are either finding it difficult to get a new job or have [...]
Continue reading about Business Model Selection: Contract Employee versus Entrepreneur
The first habit I introduced in this series, The 7 Habits of Modestly Successful Entrepreneurs, was selling time for money – a habit that structurally caps the amount of revenue your business can generate. That was followed by the habit of working too hard – which limits efficiency and the longevity of your business. These [...]
Continue reading about Modest Success Habit #3 – Overly Dependent on Data
In a previous post, I introduced you to the first habit in my series, The 7 Habits of Modestly Successful Entrepreneurs. The goal of this is to help small business owners and solo-preneurs to understand the business practices and even models that may be keeping them in the middle of the pack of entrepreneurs achieving [...]
Continue reading about Modest Business Success Habit #2 – Working Too Hard
There are over 20 million single person businesses in the U.S. with an average income of about $47K per year. I would call that modest success in business. I suspect, however, that most people do not forgo the “security” of a steady paying job, take on the financial risk, and put in the countless hours [...]
Continue reading about Modest Business Success Habit #1 – Selling Time for Dollars
It is possible to gain business success by giving away value? It seems as though everyone is giving something away for free these days. On the internet, you can free find information and tools to address virtually every need a business or consumer has. But is anyone making any money? And can a solo entrepreneur [...]
Continue reading about Gain Business Success by Giving Away Value
Image by captcreate via Flickr The AIG leadership team has recently concluded that their brand is tarnished beyond repair. Their solution – rebrand. They are changing their name from AIG to AIU. I’m not sure how effective this strategy will be for them. After all, many view them as the catalyst for the global financial [...]
Continue reading about 3 Reasons for Small Businesses to Rebrand, and 3 Ways to Avoid It
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