Most business owners spend years building a company and only months preparing to sell it. Unfortunately, that’s backwards. Steven Covey said it best, ‘Begin with the End in Mind.’ The most successful business exits are not created during negotiations. They are created years before a buyer ever appears. The difference between a good exit and […]
How to Develop a Life Plan for Your Small Business
So you’ve got your business plan. You’ve got your marketing plan. Heck, you’ve even got a blogging plan. But, what your business needs first, before all of these, is a life plan. No, you won’t see “life plan” on most small business sites, because it’s of my own invention. What I mean when I say […]
Plan Your Ideal Life, Not Your Ideal Business
Guest Article The best advice I got when I was starting my own business was “plan for the life you want, not the job you want.” I found myself facing the very problem many women entrepreneurs struggle with–we allow ourselves to be defined by our employment, and forget that the life we pursue is so […]
Is Your Life Plan Working For You?
I am a firm believer that you need a life plan before you ever write a business plan. Your life plan is your big picture vision for your life. Your reasons for starting your business should be to fulfill your life plan. It’s also a step in business planning that is often overlooked. Why is […]
Your GPS To Start a Small Business
Most people dream about owning a small business. You may have had a “notion” for years that someday you would be CEO of a company, successful beyond your wildest dreams. Turning that dream into reality is an evolutionary process, involving not only having a solid business idea, but also understanding the “business of running a business.” Then […]
In Just 365 Days You Can Become Your Own Boss
If you have always wanted to become your own boss, now is a great time. I realize that you are probably saying to yourself a year, Really? But trust me, 12 months is a reasonable and realistic timeframe to make your transition from employee to entrepreneur. You will want to take the time to plan […]