Posts Tagged ‘small business’
5 THINGS A SUCCESSFUL PIVOT CAN IMPROVE (AND 3 IT CAN’T)
A pivot is a shift from a fixed point to gain an advantage. Essentially, a pivot is a change in strategy to focus the company on an existing internal strength or a gap in the market, it is equipped to meet. Here are 5 things a successful pivot can improve for your business. Target the…
Read MoreEMBRACING FAILURE
I was having lunch with a friend of mine. He asked, “Have you ever failed at anything?” “Yes,” I said. He seemed surprised, “I mean something really big, something that matters.” “Absolutely,” I said and gave him a couple of examples. My friend spent the rest of the meal trying to convince me that either…
Read MoreARE YOU READY TO PIVOT?
We’ve all heard “ready, aim, fire,” as the instructions for hitting a target. We often use it as a metaphor in business. The first stage is ready. What does it mean to be ready? In business, ready is preparation. Target is the goal setting. Fire is the execution of the plan. Consider target shooting as…
Read MoreGOOD TO GREAT REDUX
Small business owners are struggling with a lot these days, COVID-19 health fears, correctly applying for and spending stimulus funds, regulatory limits on business, erratic supply chains, and protecting employees (and customers) in the workplace. Stacked upon that is the need to reinvent or pivot their businesses for the future economy. With all the pressure…
Read MoreTHE MOST IMPORTANT QUESTION FOR SMALL BUSINESS OWNERS TODAY
The most important question a business owner should be asking today is: “If I were to start over, what would the company look like?” The COVID-19 pandemic had a massive effect on us all, including me. I started this year trending into perhaps the best year of my company’s short life. It felt like we…
Read MoreSOME THINGS TO THINK ABOUT TODAY
I’ve been stuck in the house for the past couple of weeks. Like most people, my purchases have decreased, but I am trying to buy from local businesses when I have the chance. Most of my experiences have been great. Here are a few examples of experiences that weren’t. “I Don’t Care.” I drove to…
Read MoreWHEN YOU GET KNOCKED DOWN
Covid-19 has hit us in a way that was scarcely imaginable. It also has humbled us to know how little control we have over our businesses and in life. You’ve been knocked down by this situation. You are not alone. Step 1: Get Up. Don’t lay there overanalyzing what hit you. If you don’t get…
Read MoreHOW BUSINESS OWNERS ARE COPING WITH THE IMPACT OF THE CORONA VIRUS
I am fortunate to have many friends among businesses and to be privy to how they are responding to the health, regulatory, and economic impact of the Corona virus here in the U.S. I asked a few of them to share their experiences in the hope it would be helpful to others. Freight Forwarding Here…
Read MoreBEING HUMBLE
The most potent leadership trait is humility. Humility is not the diminishment of oneself. Humility is the act of subordinating oneself to something higher or better. For you, the company leader, the “something higher” is the purpose of the company. When you subordinate your wants to the company purpose, it provides a powerful example of…
Read MoreMY HEAD EXPLODES!
There is a conversation that happens all too often when I speak with business owners that makes my head explode! It goes something like this. I’m usually speaking with an owner who is struggling with getting something done for the betterment of their business. The business owner says, “I tell them what to do. But…
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