A productive day is defined with what you choose to achieve as much as to what you purposefully choose to leave out. Keeping a detailed list of related priorities in your head can be hard, even for the best of us. It’s not the best use of our mental capacity, anyway. There is a great…
When business owners get stuck working ‘in’ the business, there are two things that business owners start to find challenging very quickly: thinking ahead and doing things in order of importance. Losing control and not doing these two key activities make the difference between just surviving in business and owning a successful, profitable and predictable…
Business owners looking to build a championship team who run the business for them, will have noticed the gaining popularity of the daily standup meeting and the benefits of implementing them in their own business. Today, I want to talk about a particular type of quick stand up meeting, that myself and other thought leaders…
Do you feel like sometimes you struggle to be understood and be heard by your team? Or, have you ever found yourself repeating the same instructions to a team member and they just don’t “get it”. Your communication method is the key. Business owners, more often than not, communicate with others using methods that work…
In a recent podcast interview I listened to, famed thought leader Seth Godin exclaimed that nowadays, nobody wants a [business] coach … everybody who wants a coach already has got themselves one … I think Seth is absolutely right, and I couldn’t agree more! Business Owners Want Results … Here’s why…just like nobody wants to buy a drill…
Why are tools like DiSC important for you to master?… As a business owner knowing how and where people work best can be a powerful and lucrative skillset for those with a team of people. Profiling tools such as DiSC are not new by any means, but the right tool is still one of the…
Why would two companies in the same industry, with the same financial performance, command vastly different valuations? The answer often comes down to how much each business is likely to grow in the future. The problem is that a lot of successful businesses reach a point where their growth starts to slow as the company matures….
Deck: Why are Amazon, Apple and many of the most promising Silicon Valley start-ups leveraging a subscription business model? Subscribers not only provide steady turnover; they make your company more valuable in the eyes of an acquirer. In a traditional business, customers buy your product or service once and may or may not choose to…
Deck: Business valuation goes beyond simple mathematics, but to get some idea of what your business might be worth, consider the three methods below. Your business is likely your largest asset so it’s normal to want to know what it is worth. The problem is: business valuation is what one might call a ‘subjective science’….
In an analysis of more than 14,000 businesses, a new study finds the most valuable companies take a contrarian approach to the boss doing the selling. Who does the selling in your business? My guess is that when you’re personally involved in doing the selling, your business is a whole lot more profitable than the…
