Posts Tagged ‘strategy’
3 must-know essentials to grow your business
You want to grow your business. Why else would you be in business if not for some type of growth? After all, growth brings you more than just revenue. It is also about new opportunities, new clients, additional products or services, stronger bargaining power, better talent, and especially: increased value for a future exit. Growth,…Read More
3 key business skills, part 1: Management
“It is easy to be distracted by your customer-facing work, but the foundation of your success will be built on sound management practices.” This quote is the reason I keep returning to this article in Small Biz Viewpoints. The article highlights three key business skills that owners must nurture. We’ll take a look at each…Read More
Your org chart shouldn’t look like an octopus
“Make an organizational chart?” He asked me. “But that’s so 20th century, do businesses still do that?” Only the good ones. The problem was never organizational charts: the problem was always bad organizational charts. And in small businesses, org charts are even harder, because so many people fill multiple roles. Pretty soon they look like…Read More
Are you achieving all of your goals on time?
The next question is: does it matter? What’s most important to you when it comes to achieving your goals? Meeting a deadline Checking a “completed” box Creating new value in your business You probably know where I am going with this: goals aren’t about dates and times. Goals add value to your business. What has…Read More
Your business is more than the sum of its parts
I recently started working with a new client, who first called me because in his words: “I realized I had given myself a job, not built myself a business”. It all started when he considered the option of semi-retirement. And he realized that the most valuable – maybe the only truly valuable – thing in…Read More
A business plan starts with questions
We have talked about why a business plan is important, and even how to write one in ten minutes. Two ways Tuesday On Your Business is trying to make business planning effective and simple at the same time. In response to this, many of you have correctly asked: what about the content that goes into…Read More
Stop trying to stop making mistakes
Mistakes should never be your primary goal. If you know that something is the wrong thing to do, don’t do it. You don’t have to chase mistakes because they’ll happen anyway, regardless of your planning and precision. When we don’t make mistakes, we get to do things right. When we do make mistakes, we get…Read More
When you want to make bad decisions, follow these tips ✅
It is true that we learn more from failure than we do from success. When you’re looking to add to your failures and learn some great lessons, you want to make bad decisions, decisions that lead to more problems. Wondering where to start? Here are some tips. Panic Assume the worst will happen. Let go…Read More
Why does a small business need a business plan?
… It’s just that… It seems like a lot of work. Especially for a small business. To spend all this time writing out a detailed plan for the next five years when you can’t even predict the next 5 months, let alone stop working for 2 weeks to complete a plan that will live at…Read More
Decisions, decisions, decisions: start by saying no.
Decisions. What to eat for breakfast. How much coffee to have. Which route to take to work. What to listen to on the radio. What to do first. What to do later. When to take a break. Which shoes to wear. Just some of the decisions we have to make within a few hours of…Read More