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We know it's hard being a business owner. We have been there in the trenches with you and one thing is for sure. None of us know everything. The more you learn the more you know.
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Starting a new business is a thrilling and challenging experience. However, many new business owners make mistakes that can be costly and detrimental to the success of their venture. Here are the five biggest mistakes new business owners make and how to avoid them:
- Not having a clear business...
A positive organizational culture is crucial for the success and growth of any business. Here are three things that business owners can do to improve their organizational culture today:
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Foster a sense of community: Encourage employees to work together and build relationships. This can be...
A business plan is a crucial document for any entrepreneur or a business owner. It outlines the company's goals, strategies, and financial projections, providing a roadmap for growth and success. However, creating a comprehensive and effective business plan can be a daunting task. Here are some...
Have you ever thought about joining a business owners' mastermind or peer group? As a young Air Force Commander, we would all meet every Friday to have real discussions about challenges within our organization. The thoughtful and sometimes brutal feedback helped my organization...
Check out https://www.businessknowhow.com/startup/badpartnership.htm for more information.
If you're in a business partnership or a longstanding working relationship that isn't working, ask yourself these questions. Then, if you need to change or end the partnership, follow these five steps.
A...
You only have two choices in life, Innovate or die. Many companies have learned this fatal lesson over the years and became extinct. Do you remember MySpace, Blockbuster or Circuit City? They failed to innovate and were swallowed up by the competition.
Robert Kiyosaki, the...
Once you think that you are irreplaceable it's time to hang up the cleats and move on to retirement.
Arrogant leaders divide organizations, destroy sustainable growth, and are a detriment to the overall mission of any organization. The reality is that everyone is replaceable. ...
Let's look at some revelations from Zed Zidaric and Gwen Moran about what it means to be a good follower and the impact it has when you become a leader.
He who has learned how to obey will know how to command.
- Solon, Athenian statesman (570 BC)
He who cannot be a good...
Warning: Only Bold Leaders address the problems to prevent a crash...Trust me! The investigation typically reveals known organizational problems that were never addressed. Today we will be discussing the top 3 challenges and how to prevent the crash: Communication Failure,...
When I was 14 my father died right in front of me. He had a massive stroke. I honestly thought my life was over.
You may have felt the same feelings. Lost, hopeless nothing left to give, or just wanting to give up. I know some of you have been through a loss like me, a divorce, or...
Small businesses stay small either by choice, or because they start chasing growth in the wrong places.
When you strip away the layers, it all comes down to darts.
Imagine a dart board with a bull’s eye and around it is a series of wider and wider circles. The bull’s eye is where...
