Over the past year or so, something pretty remarkable, weird even, has gone on in a LinkedIn group I happen to be a member of. Note: The group name … [Read more...] about Using the Delphi Method for Small Business Problem Solving
Strategy
How to Not to Become a Billionaire
Peter Thiel in his recent book From Zero to One makes a bunch of interesting, useful points about entrepreneurship. Thiel, as you may already know, … [Read more...] about How to Not to Become a Billionaire
Benchmarking for Better Financial Results
The American Institute of Certified Public Accountants (AICPA) just published a guest post (see here) I recently wrote about the online dynamic … [Read more...] about Benchmarking for Better Financial Results
Does the Vanguard Personal Financial Plan Work for Small Business Owners?
A few days ago, Vanguard prepared a personal financial plan for me. I actually have a personal financial plan already—one prepared based on the … [Read more...] about Does the Vanguard Personal Financial Plan Work for Small Business Owners?
Stress Tests for Your Small Business
I did a think week last month and used much of the time to read several of the “second wave” books about the recent financial crisis, including former … [Read more...] about Stress Tests for Your Small Business
Does Price Discounting Work for Small Business?
We experimented with a freemium through the first few months of the year, giving away free copies of some of our do-it-yourself … [Read more...] about Does Price Discounting Work for Small Business?
Five Questions Your Business Plan Must Answer
To follow up on the last couple of weeks of blog posts about strategy and common business formulas, I thought this week I’d talk about how to write a … [Read more...] about Five Questions Your Business Plan Must Answer
Six Common Formulas for Small Business Success
Professional business advisors like me hold all sorts of ideas about small business success formulas, or recipes. But can I share something that’s … [Read more...] about Six Common Formulas for Small Business Success
Setting a Strategy for Your Small Business
When starting any new business, but particularly when starting a new business in a competitive category, you need a clear notion of what your business … [Read more...] about Setting a Strategy for Your Small Business
Your Real Odds for Business Start-up Success
A few days ago, I reconnected with an old friend. A serial entrepreneur I've worked with on and off over the years. We've been friends for decades … [Read more...] about Your Real Odds for Business Start-up Success