Most entrepreneurs run their business like an upside down pyramid: As they get bored with one activity they diversify into another activity before they have scratched the surface on the first activity. Their idea of strategy is represented by a long flat line of...
You are a key shareholder in a private company with sales in the $2m to $30m range. What % do you need to grow Sales to build a business that is 10 times bigger in 10 years – 25.9%. That’s the math. That’s 10x thinking. Or if you are in a hurry to do it in 5...
As you drive your business forward, scaling towards success, one thing is clear. You will always encounter problems. You can walk around opportunities but problems need to met head on. Here are 10 simple rules for effective problem-solving in business: Ten Simple...
Times are tough. How do you manage a business differently in a down time or period of lower growth? You stay calm. This market gives you a mandate to conduct a root and branch review of your business. Nothing is taboo. Think like a start-up. Strategy & Sales:...
We all need help managing people. Categorizing how they operate might help. Here is a simple categorization to make you think about people in your business. There is a theory that organizations have 4 types of people. The first three are: players (winners and natural...
There was a brilliant article in the Boston Globe last weekend that I’d like to summarize for you because it’s that important. Changing cultures is often necessary in business. Examples include the acquisition of a small bolt on acquisition where the...