Last month, while on vacation, I read Bhu Srinivasan’s excellent book, Americana: A 400-year History of American Capitalism. Srinivasan’s epic work … [Read more...] about Henry Ford and the Problem of Customer-ization
Strategy
Small Business Postmortem: Funeral for a Friend
A few weeks ago, an old vendor we still buy a few items from called. And for an odd reason. They wanted help with a small business postmortem of their … [Read more...] about Small Business Postmortem: Funeral for a Friend
Small Business Power Law Dynamics: Secret to Jacking Profitability?
Peter Theil, in his provocative book Zero to One, talks about the power law dynamics you want to get “going” if you’re an entrepreneur working in … [Read more...] about Small Business Power Law Dynamics: Secret to Jacking Profitability?
Good Small Business Opportunities
Identifying good small business opportunities is tricky. You’ve got the folks (maybe your parents or spouse) who tell you you’re crazy to even … [Read more...] about Good Small Business Opportunities
Small Business Entrepreneur Route to Financial Independence
This post talks about reasons to avoid the small business entrepreneur route to financial independence. I want to talk about this topic because … [Read more...] about Small Business Entrepreneur Route to Financial Independence
Business Education Deductions
A couple of times recently, I’ve talked with taxpayers about their business education deductions. And they have questions. Some small business … [Read more...] about Business Education Deductions
Eleven Profit Building Technology Tools
This blog post talks about eleven profit building technology tools we're using in our CPA firm. But let me explain why I'm posting this. Because … [Read more...] about Eleven Profit Building Technology Tools
How Hourly Billing Problems Destroy Profits
I’ve talked a lot over the years about how hourly billing problems can destroy profitability in small service businesses. But a new service business … [Read more...] about How Hourly Billing Problems Destroy Profits
What’s Wrong with the Economy
Have you followed or heard about Robert Gordon’s diagnosis of what’s wrong with the economy? I read Gordon’s book, “The Rise and Fall of American … [Read more...] about What’s Wrong with the Economy
You Should De-Localize Your Small Business
Can I share an odd idea with you? And I know this is maybe going to sound crazy… I think you need to stop thinking about your small business as a … [Read more...] about You Should De-Localize Your Small Business