For those of you who have met with some degree of success as a business owner, congratulations! There are few professions that demand as many skills and talents as being an entrepreneur; you not only have to run your business, but you have to be able to work every single position successfully. Being…
Starting and operating a successful business requires an incredibly diverse set of skills and talents. It isn’t enough to be good at just putting a plan to paper, being a convincing salesperson, managing money and finances, or improving upon existing products and services. You have to have *al…
Working from home is more common than ever before, thanks to continuous advances in internet technology. For some, it seems like the perfect arrangement – work from home, sleep in a bit, no commute…however, telecommuting isn’t always a perfect option. This is especially true in fie…
Working from home is more common than ever before, thanks to continuous advances in internet technology. For some, it seems like the perfect arrangement – work from home, sleep in a bit, no commute…however, telecommuting isn’t always a perfect option. This is especially true in fie…
If you ask a franchisee what helps them set their priorities, you’ll probably get a few different answers. Franchisor expectations, customer wants, and greater profitability are commonly cited answers. The problem with these answers is that they are reactive reasons: the franchisee makes them …
If you ask a business owner what their most previous resource is, they’ll usually give one of a few answers. Money is the most common, while others say their employees, community, or family. What is less stated is the one resource that can never be replenished or gained back – time. Once…
How to Delegate Effectively How to delegate effectively means understanding that delegating tasks and authority is a defining aspect of being a boss, yet personal experience has likely shown you that it’s a skill that many managers lack. Whether it’s a lack of delegation, too much delega…
Company Culture – How to Cultivate the Right Kind for Your Business Certain industries are notorious for the kind of company culture that they cultivate. Hedge funds on Wall Street are known for fostering an extreme form of cut-throat competitiveness (not unlike what is depicted in The Wolf o…
Wealth isn’t just a state of being; it’s a mindset. Take a look at where a lot of lottery winners end up – many of them wind up being completely bankrupt within a few years. They were superficially wealthy, but they never possessed a wealthy mindset. Without the understanding of …
The stock market (which includes share markets) is notable for a number of reasons. It is exceedingly accessible to the average person, it offers high risk and high rewards, and there are countless numbers of people who have made and lost fortunes overnight in them. The stock market crashes of 1929 …