Do you ever wonder what the difference is between those who get ahead and those who are constantly struggling? There is a pattern of actions that are taken repeatedly by those who get ahead, while the opposite is true of those who struggle. Action #1: Delayed Gratification The financial impact of delaying gratification for future […]
Employees
Are You the CEO of Your Business?
There are 3 phases of running a business with the ultimate phase of becoming the CEO. The first is that of an employee, the second of manager, and then CEO. Most business owners are in the first two phases and never achieve the CEO level. Why is this and what are the steps to become […]
Which Type of Business is the Best One to Own?
Which type of business is the best one to own? The short answer is one that makes money, but the long answer is that it should have all or some of the following characteristics: Simple product or service: The more complex the product or service you are offering, the harder it is to operate your […]
10 Small Improvements That Have a Big Profit Impact
Improvements do not have to take an enormous effort to make a huge impact on your profits. Sometimes it’s the small things that add up over time. Here are 10 simple improvements that can have a significant impact on your profits: Schedule work better: Are you wasting time by scheduling work poorly? For example, do […]
Are You Too Financially Cautious?
Is it possible to be too financially cautious? Cautious does not mean that you are just conservative or frugal with your money, but that you are too afraid to spend your money wisely. You may not even be aware that you are too cautious and here are some examples: Hesitate to make the right investments: […]
Are You Thankful for What You Accomplished?
Happy Thanksgiving! We should always be thankful for everything in our lives, including people, things, and accomplishments. Sometimes we take our accomplishments for granted, and it is good to examine the past to see just how far you have come. Here are some examples: New home: Whether you just purchased your first home or moved […]
5 Habits for a Healthy Business and 3 Unhealthy Habits to Avoid
Our habits are repeated actions that we take, and have a tremendous impact on our results. Healthy habits become ingrained within us and we continue to do them with little thought or resistance over time. What are some practical, easy habits to ensure a healthy business and also the habits to avoid? Healthy Habits: Schedule […]
Help Your Employees Succeed in 5 Steps
One of the common topics that I discuss when advising business owners is that of employees. From finding employees, keeping employees, and sometimes letting employees go. Dealing with employees can be difficult because we are people with emotions, problems, families, health issues, and also have lives outside of work. As a business owner and manager, […]