Carmelo Anthony is supposedly toying with the idea of being a free agent, definitely a gutsy move for a Knicks player. Here’s why I think it’s the right move and how his thinking can help move your business to the next level. You have to assess your worth Carmelo likened his choice to an evaluation exercise. While this may not make sense to some, for me it’s a brilliant … [Read more...]
The Small Business Owner Blues
In the silence of the night when everyone else has shut down and you are left with your decisions, that’s when you become an entrepreneur. Someone said to me once that to be an entrepreneur you have to have a spouse with a full-time job and while that anecdote is funny it’s also a bit sad. The very essence of an entrepreneur is a risk-taker, however unfair that risk is to the … [Read more...]
Marketing Your Company, Not You
As I stumble through this minefield of entrepreneurship, I have learned that there has to be a significant switch in your thinking. We start businesses for a variety of reasons, mostly because we are really good at something specific. What happens is that you quickly realize that you cannot be the person that runs the business and the person who does the work. There has to be … [Read more...]
Are you the reason you’re business is failing?
It has taken me 15 years, an MBA, starting my own firm, acquiring and firing partners and staff to understand one infinite business fact. Your gut is always right, no matter what situation no matter who the players. That knot in your stomach that tells you something isn’t right, never lies. So as I come out of a difficult situation I find that I am not doing something that I … [Read more...]
The Rules of Engagement
In business, relationships are everything. It’s who you know that can help you get where you want to be and all that hard work will come to fruition on that magical moment when you meet the right person at the right time in the right place. Until that time the most meaningful relationship you can have is taking care of yourself as a CEO and here's how you do it. Reward … [Read more...]
Women-Owned Businesses Out-Perform National Average
Guest post by Elaine Love, owner of Results For Life LLC (learn more about the author at the end of the article) Women-owned businesses are among the leaders in job creation and revenue growth. Make no mistake, we’re not talking about fluffy industries; we’re talking about construction, transportation, accommodation and food, and wholesale. There are three repeated focus … [Read more...]
The Sale of the Century
As business owner’s our life blood is in making the sales, but the test in is receiving the payment. We need those payments, they are a measure of success for our business and for ourselves. But what happens when we don’t receive those payments? Here’s what I’ve learned about money from my business. Always have a plan B That old adage about counting your chickens before they … [Read more...]
Selling Your Soul
As an entrepreneur I got into this game to make more money for myself, like everyone else. The thing that I face continuously is should I make the sale or save my soul. The answer is surprisingly easy for me, I save my soul every time. I’m hoping that I rack up enough business karma to hit my goal of a $350m company, but in the meantime here is how I measure the situation. Why … [Read more...]
Are the Costs Worth It?
Being an entrepreneur is hard and the sacrifices you will make will grow as the company does. I’ve encountered a lot of losses on my road and I was having an interesting conversation this morning where this question was asked. ‘Was it worth the costs?’ I didn’t have an answer then, I just knew that when I thought about doing anything else, I got this really heavy feeling in my … [Read more...]