Successful entrepreneur Bob Parsons has a tip for coming up with big ideas: So here’s my tip. Take time – preferably away from your business — and talk about your business with your employees. Talk about what’s right and talk about what’s wrong. During your discussions, you should have no particular goal in mind other…
How’s business? If it has stalled out, or if you just aren’t satisfied, you may be ready to reexamine your passion. From Entrepreneur.com, brought to our attention by Be Excellent. The first step is to sit down and determine your “best and highest use” or BHU. Your particular BHU stems from your unique talents and…
How do you decide to expand your business? How can you tell if the fit is right, and if this expansion really makes sense? I talked with a potential entrepreneur yesterday. He is having trouble settling his business idea down to just one thing. With so many market opportunities available, he found his new business…
This is a critical topic for rural small businesses: avoiding mistakes when selling to friends, family, or people you know. Cristian Dorobantescu is a young entrepreneur in Romania, learning and sharing some lessons that apply to all small businesses. Right now, he’s dealing with this very topic. His list of mistakes includes: You don’t make…
Your business can be more than it is now. You can expand out from your current level to provide a more exciting experience. Chris Brogan (who is going to get tired of us linking to him) has some thoughts on this, Create Experience Packages not Products. It seems to me like this is the age…
Two posts came together this week. Steve Pavlina outlines 10 Stupid Mistakes Made by the Newly Self-Employed, and Justin’s Blog shares What I learned from my startup. It’s not enough to make mistakes, we have to learn, too. Steve’s mistake list is long. He breaks it up with his own perspective and stories. Of course,…
“Despite a wide variety of strong concerns, women business owners are nonetheless optimistic, according the survey, with 76% of respondents expecting their revenues to increase this year, while 57% planning to add up to five employees.” From: Inc.com By: Ryan J. McCarthy Soaring health-care and energy costs are the two most pressing issues facing today’s…
Romanian Entrepreneur Cristian Dorobantescu tells his story of not performing perfectly for a client. This was not just any client; in fact, it was his first client. What did he do to turn around a potentially bad situation? (I’ve emphasized a few of his best points in bold.) First thing first. My services were not…
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