Today’s small businesses are increasingly focused on culture as one of their competitive differentiators. That’s because research points to the many ways developing a great culture can engage and attract great employees, eventually resulting in a healthier bottom line. Recognition and appreciation are two simple ways of building employee loyalty, but alone they’re not sufficient. […]
Are You Ready To Invest In Your Business Growth?
Every Fall, I host a power-packed event in Philadelphia called Reinvention Weekend. This year, we are headed to Washington, DC area. I created this event, which takes place Oct 14-15, 2016 this year, to give my fans an affordable way to work directly with me on their businesses. I get so many letters and voicemail messages, […]
Five Toughest Things About Owning Your Own Business
Owning your own business may sound fun and exciting. At certain points, particularly after a lot of hard work, it is. The road to entrepreneurial success is usually paved with several common challenges. Here is a look at five of the toughest things about own your own business. Being the Boss Being the boss is […]
Don’t Forget to Do the Math: Know Your Numbers
Specific reasons why small businesses fail are as unique as the businesses themselves, but there are some commonalities that explain many small business failures. In some cases, it’s easy to see the problem: there isn’t enough demand for what the business produces at a price that will generate a profit. In other cases, problems aren’t […]
Top Concerns for Millennial Entrepreneurs in 2016
Every business owner has issues, no matter what their age, but I wondered: what are millennial entrepreneurs worried about this year? There are certainly a large number of business owners born between 1980 and the mid-2000s, which would make them between 18-34 years old. When you launch a business, there are many things to worry […]
7 Ways to Promote Your Small Business Using Video
There’s no denying the power of video when it comes to marketing your business. After all, people can consume videos while they’re working, walking, or commuting, and many people prefer to get information this way over reading a blog post. If you’re not yet using video to promote your small business, I encourage you […]
How to Find the Perfect Business to Start
I get asked a lot by wannabe entrepreneurs: what business should I start? Often people really want to go into business, but they don’t know which direction to go. Some people want an instant formula for small business success, but the answer is: It depends. Entrepreneurship is as different as the people who run […]
Do You Have the Right Team in Your Small Business?
As you grow your small business, it’s essential that you have the right people on your team to help you run your business. The better aligned all your staff is with your company culture and values, the more efficiently you can all work together to move forward with your business. You also need to make […]
How to Save Money to Start Your Dream Business
If you follow this blog, you know that I preach that you must start saving aggressively while you are planning to start a business. I am always thrilled to hear about ideas people have for a business, but the bottom-line is people who have savings/assets have options for starting a business. No savings = No […]
5 Tips for Small Business Owners at Tax Time
It’s tax season and if you operate a small business, it can be an even more stressful time, especially during the first year or two after starting your company. What many people don’t realize is that there are actually a lot of tactics that make tax time a little easier, and even work in your […]
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