There are differences between how men and women manage their business, their employees, and their finances. What are these differences and does it matter? Do you really think that I am brave enough (or foolish enough) to write an article with a topic like this?! Maybe for another day. If you like what you just […]
business
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 […]
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 […]
Don’t Focus on the Wrong Things
What we focus on gets our time, energy, and attention, but how do we know what to focus on to amplify our financial results? Reactive items: Sometimes there will be an event that needs to be dealt with immediately, but most of the time this is not the case. If you find that you are […]
The One True Business Formula for Success
There are dozens of formulas and ratios that a business can use to determine success and profitability. However, there really is one that is most important and should be used repeatedly . . . Sales – Expenses = Profit Keep on repeating this formula over and over again and you will do just fine. […]
What Keeps Business Owners Up at Night?
Aside from worrying about everything, there are really just a few timeless concerns of most business owners. If you don’t have at least one of these concerns then that is probably a concern. Here they are with a few solutions: Employees: No matter how well you run your business, it will always be a challenge […]
Follow Your Emotions and Go Broke
According to dictionary.com, one definition of emotion is “an affective state of consciousness in which joy, sorrow, fear, hate, or the like, is experienced, as distinguished from cognitive and volitional states of consciousness.” Emotions can be complex and if you make business and financial decisions based solely on how you feel at the moment without […]
What is a Growing Business Doing Differently than a Struggling One?
There are major differences between the actions of a business owner with a growing business versus that of a struggling business. There seems to be a recurring theme for growing and struggling that closely mimics those who are fit and healthy versus those who struggle with their weight. The accumulation of certain actions will greatly […]
The Instructions Said 20 – 25 Minutes
Recently, I purchased a bed from Wayfair that had to be assembled from four large boxes that it was delivered in. I waited until the weekend to assemble it and learned a few things: After spending hours and hours assembling and completing the bed, I took a look at the assembly time to see if […]