The One Thing-Money

In the movie City Slickers, Jack Palance’s character Curly and Billy Crystal’s character Mitch are riding along having a bonding moment, when Curly turns to Mitch and asks,

Curly: Do you know what the secret to life is?
Mitch: No What?
Curly: This! (As he holds up one finger)
Mitch: Your finger?
Curly: One thing. Just one thing. You stick to that and everything else doesn’t mean (expletive).
Mitch: That’s great, but what’s the one thing?
Curly: That’s what you gotta figure out

 

I’m always reminded of that scene whenever I ask my clients “What’s the number one thing every business needs in or… Read More

StressBeing the creator of our future is part of the allure to being an entrepreneur, however one of the costs of doing so is the increased stress we experience while chasing our dreams.

The thing with stress is that although we all experience it, how we deal with it can be far different. Some even look upon it as a badge of honor and fool themselves into thinking that stress is a great motivator and therefore they’re making progress, when in fact they could be more effective if they could just reduce their stress.

Get Things Done

Funny enough, one of the easiest ways to do that is to get things done. You see, st… Read More

Growth for the sake of growth

Growth for the sake of growth is a dangerous strategy for most small businesses. By making revenue generation the prime mission of the company, it fails to take into account how the rest of the organization will execute the product or service delivery of the increased sales.

Risks

Assuming that everything else in the company will expand naturally as revenue grows, is wishful thinking. A small group of people can do amazing things when necessary, but as a company grows the need to add additional staff. This risks destabilizing a cohesive group as new personalities are added to the mix.

Addition… Read More

 Small Business Minute

Building a business is hard work and not for the faint of heart. It’s where Survival of the Fittest rules the day. In an effort to be one of the survivors, many small business owners make the strategic error of trying to make everyone their customer. In other words, trying to be everything to everyone.
Although the idea is forged on their belief that having everyone as their customer, will allow them to maximize their revenue when in fact it actually works against them. You see the more specialized you become, the more intimate knowledge you gain on your subject matter. This in turn, allows you to so… Read More