Managing a business is an ongoing balance of decision making, problem solving, future telling, and system building.
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Is to do it last. This post remains relevant to my usual themes, if the subject is more tactical than usual. We all need software tools to run our business, and our choices here can impact business in a good or bad way. The latter happens when the software choice is made first, and business…Read More
Because writing the Business Plan is the most important part of it all. Following on last week’s discussion about what investors want to see and why they would give you their money: to pitch an investor you would write a business plan. If you are not pitching investors … write it anyway. Write it for…Read More
In all the forums and advice groups in which I participate, this question (and its many variations) is a common one. Not all businesses look for investors, but the answer to this question serves business owners in general planning as well, so it is always worth addressing. Indeed collecting the information you may need to…Read More
It makes me flinch a little every time: somebody powers up a computer, opens their calendar and suddenly its notification chaos. There are overlapping commitments, at least seven different colors for different event types, and event titles that say little or nothing… “meet with Pete”, … “Design”, … And yet: those are the people who…Read More
Specifically: the first season of the show Halt & Catch Fire. Spoiler Warning: I do not mention any story or plot specifics below, but in discussing the themes a certain amount of the first season is revealed. This first season of the show is about the early development of computers, it’s about disruption in a…Read More
Running a business requires more than money and time. Every investment is a resource. Last summer I posted a short series on this blog about how to run a resource audit. For a solo-preneur or a new small business owner, there is a simple model to use to address all your key resource allocation from…Read More
House of Gucci, by Sara Gay Forden, is a book telling the story of the Gucci family, brand, and business. This is neither a review nor a re-telling, there will be no spoilers here. This is a key lesson from the book. And, surprisingly, it is not specifically about the dangers of a family-run business.…Read More
This has come up before on this blog: if you can cannibalize your business, you should. This is part of the promise of excellence that you make to your clients. To always be excellent, you must always be improving. Running a business tends to leave little time for strategic thinking. One key goal of this…Read More
Who do you trust when making quick decisions? Is your instinct always reliable? As a matter of fact, we think it is. The difficulty comes in determining if what you are following is your instinct, or actually your impulse. Is your decision based on your gut, or based on your gluttony? How do you tell…Read More
Have respect for the comfort zone. Last week I wrote about working outside your comfort zone – addressing the instruction we are given every day by friends, gurus, and social media memes. You will note that my suggestion is to always take a step outside this defined “comfort zone”. In other words: you’re not leaving…Read More