Tough Decisions – Hiring and Firing

Seeking the right people for your business is an ongoing challenge for any business, no matter the size.  But when you’re just starting out and especially if you’re a small business, you have to be nimble and quick.  If you realize someone is just not working out, you...

Components of The Business Model

First Things FirstThe business model of your company represents the value you’re delivering (or planning to deliver if you haven’t started your business yet) to customers and how you will make money (profits) from providing your service or product.When people first...

Top 2 Reasons Startups Fail

We prefer not to use the term “fail” as we don’t believe there is failure in startups, only testing. You only fail when you give up.When you have the courage to step out on faith and start a business of your own instead of just talking about it, you’re certainly not a...

Begin With The End In Mind

Although many don’t like this phrase, it’s one to consider:”Begin with the end in mind.”What this means in the world of business is:”What is your exit plan?””What are you seeking to get out of this business when it’s all...

The one thing successful entrepreneurs possess…

Are you able to influence others?  Being an entrepreneur and being a leader is not mutually exclusive.  In fact, successful entrepreneurs possess a well-developed ability to influence without formal power.  What does that mean?  Well, it means they have the ability to...