Why would you want to turn your business into a subscription? Not all businesses can do this, but here’s why and how to get started. Subscription Defined A subscription-based business model is one where a customer or client pays a fee periodically for a service or a product. For example, Netflix charges a monthly fee […]
Self-Development
Why You Should Know Vilfredo Pareto
According to Wikipedia, Vilfredo Pareto was born during 1848 and was an Italian polymath. I know it sounds boring, but his observations are so important to business, finances, and virtually all aspects of life. Let me explain . . . Background Pareto had an interest in sociology, civil engineering, economics, political science and philosophy. One […]
4 Business Risks You Need to be Aware Of
Business is about taking risks to earn a profit. However, there are some risks that can creep up on you slowly or swiftly that can either destroy or greatly damage your business. Health Issues: As we get older, health issues become a larger risk. Common and sudden issues can include heart attacks and strokes. The […]
Increase & Conserve Your Mental Energy in 5 Ways
What exactly is mental energy? A good definition can be found at PubMed.gov and can be described as “ . . . the ability or willingness to engage in cognitive work.” Why is this important what can you do to manage your mental energy? Importance of Mental Energy Using your mental energy wisely can help […]
Run Your Business Smoothly During the Holidays
Is that a contradiction, especially if you are a retailer? Aside from retailers and the hecticness from all the holiday shopping, the holidays can go somewhat smoothly for your business. Here are a few ideas for non-retailers and those businesses that are not absolutely crazy during the Holidays: Schedule time off: Some businesses close during […]
5 Black Friday Mistakes I Made in the Past
Today is Black Friday and there are sales on virtually everything. It can be both a fun and stressful experience, and there are some mistakes I made in the past: Allowing myself to be convinced to wake up at 5:30 AM or was it 4:30 AM?. Waking up early does not bring out my “best” […]
15 Minutes to Success
I was going to call this article the 15 minute rule, but then I realized there was a book by the same title, which I have not read. Can 15 minutes make a difference to your success? Here’s my view of how it can: It Gets You Started Almost everything takes longer than 15 minutes […]
Productive People Focus on This One Time Management Technique
There are probably hundreds, if not thousands of books on time management. Technically, you cannot really “manage” time, but you can control how you spend your time. Here is a technique that seems to trump most of the time management tips, but you must first be able to identify how and when to use it. […]
4 Business Ideas During These Times
What are some business ideas that you can implement and that should thrive during these times and in the future? Here are 4 to choose from: Marketing Services This includes web design, social media marketing, and developing content for your customers. The online marketing trend should continue and there will be a demand for this […]
Business Time or Family Time?
A common struggle is balancing spending time on your business to make more money and a focus on your family. Should you sacrifice your family time to make more money? There will be times in your life when you need to spend more time on your business due to reasons such as seasonality of the […]