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 Starting a business takes a courageous and entrepreneurial spirit to make your idea become reality. Making that business successful takes commitment, and lots of it. Mike Michalowicz once said, “Success in business isn’t about being right; it’s about being committed.”There is a myriad of things that can present obstacles for a business. Such as financial challenges, competition, market fluctuations, and labor shortages. Running a business is...

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I want to point out here that it is both normal and beneficial to be competitive at work. Being competitive makes you more productive and ultimately helps your company become more competitive as well. As I have been noticing hyper-competitive people, I see a lot of them crash and burn because they make too many enemies. Very few consistently compete and win. Let’s take a look at what the "few" do differently: They choose their own...

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This is the most important thing you can do when it comes to running your small business! Hands down, the failure to plan is the main reason why small businesses fail. More specifically, the main reason why small businesses fail is poor planning. Small businesses fail because of what people who start small businesses don't do. 1) Don't do the market research to find out if there's...

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Business owner stressed after an anchor employee leaves.

 With a growing company, you will have given some important responsibilities to others. You may have to rely on someone else to accomplish mission-critical tasks. This is especially true if the job they do is created by the employee or is in an area outside your comfort zone.  Sometimes an employee will become "indispensable" in your mind. When you lose that top-notch employee it is...

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In today's tumultuous economy, many business owners are in need of a jolt -- something that helps their companies grow, whether it's finding new ways to sell their products or to broaden their customer base. Of course, there are many potential avenues for achieving growth, and each business needs to assess at its own business model and determine its own path. Not sure where to start?...

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