Posts Categorized: Business Owner

Don’t Fear Failure, Learn from It Instead

Failure is rarely fun.  But it is also a key ingredient in success.  While failure can be painful, there is no doubting the fact that the lessons that come from failure can be powerful teachers that provide life-long lessons and even life-trajectory altering results.  Summed up another way, failure hurts.  But on occasion, not failing… Read more »

Smoothing Out Friction Between Business Owners

  All business partnerships eventually come to an end when one or more partners leave the business, whether by choice or otherwise. Being prepared for the end of the partnership decreases the possibility of unwanted challenges between co-owners down the road. Common Reasons Why Partnerships End Co-owners share a unique relationship. They have built a… Read more »

How to Connect During a Crisis

Small business owners are facing new challenges during this crisis.  Communicating with customers requires more focus and depth than ever before.  In Mat Zuker’s latest article for Forbes Magazine, he cites Jay Mandel who runs The Collective NYC, a marketing consulting team focusing on a customer’s experience, who underlines the importance of businesses to understand… Read more »

How to Be Sure You Are Leaving Your Business in Good Hands

Most business owners are considering several options for the future of the ownership of their businesses. If you’re keeping your options open, that is typical. But business owners who end up selling their businesses to an outside, unrelated buyer often report that they wish they had known more about what the sale process would be… Read more »

Do You Know How To “Innovate” Your Business So You Dominate Your Competition?

Do You Know How To “Innovate” Your Business So You Dominate Your Competition? Your spouse has decided to return to the workforce, so you must find a daycare center for your kids. All of them offer the same basic services and charge around the same price… except one. That “one” is 25% higher in price,… Read more »

Does Your Marketing Grab Your Prospects Attention?

Does Your Marketing Grab Your Prospects Attention? Do your marketing messages compel your prospects to buy what you sell? Do they tap into their basic emotions? Are you aware that prospects buy on emotion and justify their purchase with logic? What you need to know… Your marketing must convince your prospects that you offer “extraordinary… Read more »

Finding the Best Business for You

Owning a business and owning the right kind of business for you are, of course, two wildly different things.  Owning the wrong kind of business can make you absolutely miserable.  So if you are considering buying a business, it is prudent that you invest the time and effort into determining the best kind of business… Read more »

How Can You Build A Million Dollar Business?

How would you like your business to generate a minimum of $1 million dollars per year? OK… so how do you plan to accomplish this goal? Here are the startling facts you MUST know… Less than 3% of small business owners make more than $100,000 annually and less than one half of 1% ever reach… Read more »

Does Your Business Need More Profits?

Would it shock you to know there are a multitude of strategies that could easily double or triple your business’s profits? For example, how often do you leverage off of your relationships with your current customers? Most business owner’s count their blessings that they sold them once and never consider going back and asking them… Read more »