Opportunities are like buses, if you miss one, another one will be along in a minute. That saying has a lot of truth in it, and although I hate missing an opportunity, I’ve found out over the years, not to lose any sleep over it, because it probably wasn’t meant to be.

Good or bad, I’m wired to be constantly on the lookout for opportunities. I owe much of my success to being able to identify real needs in those areas where I have some knowledge, and this is the catch. In order to take advantage or spot opportunities, you need know what you’re looking for.

Opportunities or distractions

Of course, the best o… Read More

What if you could start all over again?

What if, you could start your business all over again? What would you do differently? What do you like or dislike about your current business? What would you change?

Why Mess With A Good Thing?

These sound like simple questions and that’s because they are. As entrepreneurs, we seem to get ourselves trapped into doing things one way. And why wouldn’t we, if it’s brought us some success? Why mess with a good thing, right? Not necessarily.

One of the problems is that the longer we’re in business, the harder it is to make changes. We’ve managed to survive and maybe even consider ourselves successful or … Read More

small-business-minute-39-no-rear-view-mirror
A very common trait of successful entrepreneurs is that many don’t have rear view mirrors. By that I mean, they rarely dwell on the past mistakes. They know their future lies ahead and not behind. The past is the past and mistakes happen.

“Once distilled, they let it go and move on…”

That’s not to say they pretend they never made a mistake, to the contrary. They acknowledge their mistake, analyze what went wrong and distill those learnings, notice I say learnings, into usable information. Once distilled, they let it go and move on because they understand that theirs is a journ… Read More

Decisions

As entrepreneurs, we are faced with a daily buffet of decisions we must make. Some days the sheer quantity can overwhelm and dishearten an individual. Granted many decisions are simple and require little or no effort, however they all aren’t and this can really cripple an individual if they’re afraid to make a mistake.

The saying “I’ve learned more from my failures than my successes” is one often expressed by many successful entrepreneurs. They learned early on that failure is a big part of being successful. What you learn and how you apply that lesson, is the … Read More

Teaching Moment, Small Business

Let’s face it, employees will screw up. But how we manage the situation can have greater importance and do more damage to your business than the actual mistake.

It has been my experience that most mistakes occur because the information or directions issued were not clear or detailed enough yet as managers we assumed they understood.

Too Little Information

In many situations, we’re so busy or stressed that we’ve issued just enough instructions to get the item delegated without considering whether they have ever done the task before or are clear about the end result. The employee on the other h… Read More

Just because you're struggling, doesn't mean you're failing

Going into business is easy, running a business is hard and until we get in it we don’t realize how very hard it is. Oh sure we talk a good game by telling people that we know it will be difficult but that the hard work will pay off in the long run. The reality is, we haven’t got the foggiest idea of what lays ahead.

For those of us who have made it with most of sanity in tack, it is said that, much like childbirth, that if we knew how hard it was going to be, we would probably never have attempted it.

Entrepreneurship is the loneliest job

I constantly tell people that being self-employed is one of the loneliest jo… Read More