Growing Your Small Business

Don’t Let Rent Doom Your Business from the Start

| April 7, 2015 | 0 Comments

Nothing is more important to a new business than controlling operating costs. Last week, I laid out the basics to the typical overhead that your average business requires. As far as this lesson is concerned, it doesn’t matter much whether you are starting up with your own money, credit from a bank, or funds from [...]

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How to Grow Your Business Like Amazon.com

How to Grow Your Business Like Amazon.com

| March 24, 2015 | 0 Comments

Entrepreneurs need vision–vision like Amazon founder Jeff Bezos.  The New Yorker put out an article on Amazon that included this story from Amazon’s first exposure to the public: In 1995, in Chicago, Bezos manned an Amazon booth at the annual conclave of the publishing industry, which is now called BookExpo America. Roger Doeren, from a Kansas [...]

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Leadership is Growing

Leadership is Growing

| February 14, 2015 | 0 Comments

Last week, I encouraged you to become an expert in your business. Now I would like to give you another piece of advice. As a business owner, you spend every hour of your waking day thinking about how to grow your business. You tell your team to increase sales, increase productivity, grow your market, grow [...]

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Are You an Expert?

Are You an Expert?

| February 10, 2015 | 1 Comments

Do you know your industry better than anyone who works for you? Do you have an area within your industry that you know better than anyone else? Seek to be an expert in something within your business. Take ownership of tasks that no one else can do like estimates, negotiation, or advertising. Customers and employees [...]

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The Value of Ideas

| January 6, 2015 | 0 Comments

I have noticed recently, and now I see, Northwestern Mutual has trademarked the tagline Insurance, Investments, and Ideas. Northwestern Mutual–one of the most respected and profitable insurance companies–has equated the value of ideas with insurance and investments. I think a good idea is worth more as it can fund the other two, but that is a moot point. [...]

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Company Physical

Company Physical

| December 30, 2014 | 0 Comments

As the year is reaching a close are you giving your company its annual physical? What goals did you set that you have achieved? What goals did you not meet and why? If you had to start you company over again which employees would you hire again, and which ones would you not bring along [...]

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Company Physical Copy

Company Physical Copy

| December 30, 2014 | 0 Comments

As the year is reaching a close are you giving your company its annual physical? What goals did you set that you have achieved? What goals did you not meet and why? If you had to start you company over again which employees would you hire again, and which ones would you not bring along [...]

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Company Physical Copy

Company Physical Copy

| December 30, 2014 | 0 Comments

As the year is reaching a close are you giving your company its annual physical? What goals did you set that you have achieved? What goals did you not meet and why? If you had to start you company over again which employees would you hire again, and which ones would you not bring along [...]

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Warren Buffett’s 10 Rules to Success: Part 4

| December 16, 2014 | 0 Comments

We’ve been looking at Warren Buffett’s “10 Ways to Get Rich” as the “10 Rules to Success.” Today’s post is on rule #6 Limit What You Borrow. Limit What You Borrow. Buffet claims to never have borrowed a significant amount of money. His advice is to remain debt-free, and then save and invest money. This [...]

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Warren Buffett’s 10 Rules to Success: Part 1

| December 4, 2014 | 0 Comments

I recently came across Warren Buffett’s “10 Ways to Get Rich” again. And I want to share them with you as “10 Rules to Success,” because success comes before wealth. For those of you who don’t know Mr. Buffett, he is the most successful investor of our time and the definition of a self-made man. [...]

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