Why Business Survival Demands Disruptive Innovation
“Disruptive innovation leads to the creative destruction of businesses that once seemed pre-eminent and secure.” Steven Blank Disruptive innovation is creating new products or services that did not exist before. The innovation creates a new market that disrupts an...
How To Find A Business Partner
Entrepreneurs don’t realize they have a problem until it is too late.No one does everything well. Some entrepreneurs have great business ideas, but they don't know the product or service and lack business skills. Other entrepreneurs have great business skills but...
6 Keys to Resolving 9 Critical Business Problems
Companies fail when nine critical business problems go unanswered. Today, I am sharing some of the most important lessons about recognizing and resolving problems. First... The 9 Critical Business Problems:Not adequately capitalizedCybercrimeLoss of major...
16 Ways “Fresh Eyes” Benefit Leaders
Leaders working in a vacuum will fail. Entrepreneurs need “Fresh Eyes.” If you want to succeed, this is the most important concept you must learn. I define “Fresh Eyes” as looking at a problem or a situation in a new or different way. For example: consulting others...
The Five Rules of Ultimate Influence
The Problem is: Entrepreneurs Manipulate People and Situations Instead of Persuading. I recently spoke with Bob Burg successful author and coauthor with over 1,000,000 books in print. He is coauthor of the bestseller: The Go-Giver.
Why Companies Need Large and Small Customers?
Relying on large customers is tempting but dangerous. When they leave, large customers create big voids. LARGE CUSTOMERS:Increase sales.Dictate policy and make big demands.Provide low margins.Create dependency.Take all the companies resources.Pay slowly.Companies need...
8 Strategies for Dealing with Cyber Risks
Target, a national retailer, announced 40 million credit and debit card accounts of customers had been stolen. The Target breach is officially the second largest breach of a retailer in history. Cybercrime threatens all businesses. Cyber threats are increasing in...
11 Reasons Why Entrepreneurs Succeed
The odds are against entrepreneurs. Most fail. I asked Marty Zwilling, author, CEO, and founder of Startup Professionals, Inc, why 9 out of 10 startups fail? Marty said, “The #1 reason is entrepreneurs get tired and just give up. “ 6 reasons entrepreneurs...
13 Reasons a Leader Knows It’s Time to Step Down
Hanging on too long makes you irrelevant. Organizations change. Leaders should change too. You may not be the best person to lead your business forward. The skills that worked yesterday may not work today or tomorrow. Successful leaders know when to move-on. Are your...
How to Create an Exceptional Organization
Leave a comment on today’s post for a chance to win one of five free copies of Compass. This post is based on a conversation with my friend, William F. Brandt, about his new book, Compass. It is an invaluable guide for creating and growing exceptional organizations....
Overcoming the 5 Dangers of Micromanaging
Micromanagers make people feel worthless and slow organizational growth. Entrepreneurs, who cling to micromanaging styles, sabotage success.Entrepreneurs are micromanagers. They start out with small organizations and make all decisions. But, they fail when companies...
Planning Saved My Business
Poor planners never have enough time and run from fire to fire. They’re days are filled with crisis. People without a plan are controlled by their environment. Their team sees them as having no direction. 6 reasons planning is a pain:Consumes time.Hard to concentrate...
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