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I love talking with entrepreneurs and hearing about their journey as they overcame odds and built their companies. They truly are my heroes. In the face of great uncertainty, they have to tact with the circumstances to come up with answers that make sense. In the course of their pursuits,
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I have often heard the mantra, "Go big or go home." It sounds motivating and paints the classic picture of the daring entrepreneur overcoming the odds. I do think it has application in many areas. For example, I view the use of time this way. If you are
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The marketplace is extremely crowded with competitive options. If you have an idea, it can be very difficult to break through the noise. People's attention is finite and the amount of noise is overwhelming today. If you are looking to turn your opportunity into revenue, there are typically
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With all the nifty tools around it is tempting to try to get to the end of a problem quickly. A new business process can simply be automated with a piece of software. Setting up a whole system for marketing may look like an attractive first step. However, what if
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If you have been in business as a service provider and have mastered your business, a way to scale the operations to drive profitability is to acquire or lead other solo practitioners or small practices. The reasons for making this move would be ideal because of the following: * Your ability
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I am a fan of Jack Dorsey and find the way his mind works as an entrepreneur fascinating. He shares his success factors on creating Twitter and Square. He has changed the way we communicate and interact today on a global scale. I often find that what makes entrepreneurs amazing
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From the previous post on Function Follows Form, you have a name. You have an entity. But what should you sell? I don’t think you get there by sitting in a room and divining it. Or as I tell people, “You can’t steer a parked car.” Your vision
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There was an airport that had the challenge of preventing airline customers from sleeping on chairs in their terminals. They used warning signs and recruited their personnel to enforce their desired policy. This was in vain. People that were tired disregarded the notices. However, once the chairs were changed from
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I love entrepreneurs and owners. They are fiercely independent and tenacious. It's the fuel which helps them persevere and overcome obstacles and continual uncertainty. Most of my clients fit this breed, and I can understand their mentality because I share their spirit of independence. One of the things
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One of the most difficult decisions a business leader or entrepreneur faces is when to pivot, or change course. This is especially difficult when you are invested heavily in a business, process or way of doing things. After all, there was a lot of learning and price to pay to
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"As much as possible, deal only with good and honorable people. If you deal with good people, you won't need a contract, and if you are dealing with bad people, no contract can protect you." - Adam Aron, Chairman and CEO of Vail ResortsGood agreements lead
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Greg McKeown's article at HBR on The Disciplined Pursuit Of Less held both insight and helpfulness in understanding the opportunity costs of success. Success breeds more opportunities. Opportunities can crowd out what is important, even undermining the foundations of what creates success for us. It is the dilemma