One common mistake that owners of small businesses make is confusing management with leadership and vice-versa. We all think that our teams only need us to be great leaders, when in reality they need us to be great managers first. Without great management, great leadership’s value is significantly diminished. Key
To successfully grow your business – and by successfully, I mean in a sustainable, profitable, less than 80 hours per week way – you must achieve Mastery in 4 key areas of your business and life… Take a look at these 4 areas and do a quick self-assessment to see
Business owners wear many hats and have endless things to do. Unfortunately, some of us let this busyness prevent us from growing. We hit a plateau, but often find ourselves unable to allocate the time to make the necessary changes. How do you get past the plateau of being “too
Lately, it seems like everyone I talk to has a “Time Management” problem, but when I ask a few questions, it quickly becomes obvious (at least to me) that the problem isn’t Time Management. There is most certainly a lack of enough time for important activities, but it isn’t a
The goal of spring cleaning is to refresh and revitalize. As we come to the end of Q1, now is a great time to refresh and revitalize your business. Here are six spring cleaning ideas: 1. Assess your Inventory What old or obsolete inventory or services are you carrying –
I’ve had three conversations with business owners in the last week where the fear of hiring a much-needed employee came down to one thing – not wanting to add another expense. While payroll is obviously an overhead expense on the P&L, employees should be considered an investment, not an expense.
As business owners, we too often take more time than necessary to act. We do this for a variety of reasons: Fear, Uncertainty, Bad Past Experiences and other equally bad reasons not to act. I am all for making data-based decisions, but at some point we have all the data
We all know about the concept of A,B,C and D clients, right? Your A clients are 20% of the work, 80% of the profit. D clients are 80% of the work and cost us money. Well, I have discovered an even more important concept, one that can double or triple
This month we are gifted with an extra day. It’s a leap year, and February 29th is a bonus 24 hours for all of us. You can treat the 29th just like a regular work day, or you can treat it like a gift and spend some or all of
The New Year is upon us, and with it comes the inevitable barrage of advice urging us to “embrace change” and “seize new possibilities.” As a business owner, you’re bombarded with articles and conferences promising to propel you into a future of growth and innovation. It’s easier to tune it
What does it really mean to have an Abundance Mindset? In his book “The 7 Habits of Highly Effective People”, Stephen Covey described it as believing that “the world is full of enough resources and time for you to accomplish your goals.” Tony Robbins described it as “… the opposite
The economy is always changing, your customer base is growing and changing, and buying habits change. Your world is always changing, yet in many ways it remains the same, as business is still business. The reality is a combination, with the fundamentals of business mostly unchanged, yet the business environment
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