Managing a business is an ongoing balance of decision making, problem solving, future telling, and system building.
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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
This expression risks going the way of Thinking Outside The Box: a bit of sound advice whose overuse has made it virtually meaningless. But it really is sound advice, so let’s take a moment for a closer look at how understanding the limits of your comfort zone – and then moving beyond them – will…Read More
Have you ever tried tracking your time at work? How much visibility do have over how your hours are spent? Before you answer, consider this scenario: you take your can in to the mechanic’s. You explain what is happening – a strange noise, a tug to the left – and the mechanic says “I understand,…Read More
Goals get people on their feet. At each goal the stadium erupts, lights and music join the cheer, and excitement is at a ten. But what makes the game great is what happens in the midfield. A soccer field is a lot of space to cover. Getting the ball into the opposing team’s box takes…Read More
If you haven’t orchestrated it, you don’t own it. As written in The E-Myth, by Michael E. Gerber. I read this book at the perfect time, when I was struggling to express the importance of systems in my business. As I rolled out a new right way/wrong way to operate, this line helped me explain…Read More
Last month I shared a Reading Room post about Decision Making; it was a series of links to popular methodologies for making decisions. A reader question requested some more information on these methods in action. Ryan Williams is the president of Websuasion, an app development company, and he asked: Thanks for this breakdown, Rebecca. Our…Read More