In the last few years, I’ve heard more and more about a new type of small business, called a “micro-business” (or micro-enterprise). These are usually characterized as owner-operated, with five employees or less, and less than $250,000 in sales. With the low cost of e-commerce entry and powerful Internet technologies, they require minimal capital to […]
8 Ways To Prepare Yourself For Business Crises Ahead
I have found some key things that you can do to prepare yourself, how a proper mindset can mitigate the pain, and put you back in control when problems arise.
5 Lessons For New Venture Founders From Great Chefs
I realized a while back that creating a new company for the first time is a lot like whipping up a great dinner entrée for the first time – you need a recipe, even though it may look simple. You know the basic ingredients, and you can visualize the results you want. Yet you may not be so sure where to start, and how to put it all together.
8 Guiding Principles For Pursuing A Winning Venture
Every entrepreneur has an idea for transforming a market with innovative new technology or transforming society with a new process. But unfortunately, most of these ideas fail at the execution level or are not truly innovative.
10 Business Constants Flourish In This Age Of Change
In this age of constant change, I usually find myself writing about what has changed. Yet I find that periodically it pays to reflect on what hasn’t changed in business, probably won’t change in the foreseeable future, and is still critical to our success in our professional career, as well as the success of our business.
5 Inertia Traps To Avoid In Your Business Leadership
Why owners and executives fall into traps of inertia and the critical pragmatic leadership skills needed to regain the required momentum.
Interpersonal Skills Are Still Key to Team Engagement
Your challenge as an entrepreneur and business leader is to discover ways to improve the fulfillment of your team, without turning back the clock on technology.
How To Maximize The Level Of Your Business Contacts
In the world of entrepreneurs and startups, high-level relationships are everything. You can’t start a business alone. You need partners, team members, investors, vendors, and customers. But people don’t realize that all relationships are not the same. There are people you only recognize on the street, business friends, and then close friends whom you can […]
How To Improve Your Competence And Win People Over
One of the biggest challenges I have as an advisor to tech entrepreneurs is to convince you that marketing is required for your product, no matter how great it is, just to get it found with today’s information overload. A comparable problem is to get entrepreneurs to market themselves, for the same reason. Your abilities […]
Lessons On Startup Success From an Olympic Champion
If you want to be successful, you need to be soft on the inside, have a hard shell, and willing to stick your neck out (“Turtle Effect”)