Entrepreneur Essentials
A Simple Tool to Double the Time You Have Available: Prioritize
Use the Covey Four Square to prioritize your work and your life.
Read MoreThe one non-negotiable to building a business
Mindset is one non-negotiable tool that every entrepreneur should employ.
Read MoreHow to make more money from your business by understanding your business model
The business model is a great way to think about your business and ensure that you are aligning what you do to the needs of the market. This is why creating and understanding your business model canvas is essential.
Read MoreKeep this in mind when scaling, growing, your business
Scaling a business is not just growing a business. Growth is about size; if you have a group of five people working on a task and you add another five people you increase the size of the company. However, if all ten people are working pretty much as they were before then, you haven’t achieved any scale benefits. To scale a business, you must get more growth from everything you put into it. So you do the work of ten people, but with seven people. Scaling goes beyond size and gets to efficiency.
Read MoreFive Essential Growth Strategies for Small (and large) companies
In this post, we talk about the five core growth strategies and show how these appear in practice: market penetration, new products, new markets, diversification, and acquisition. The value of understanding these strategies is focus: working on multiple growth strategies at the same time is expensive and distracting.
Read MoreWhat a strategy is and why you need one
What is strategic planning? It is the process of defining what actions you are going to take to get your business to the next level. Strategic planning guides your actions on Monday morning, and through the end of the planning process. A good strategic plan keeps you on target and ensures that you are building something valuable.
Read More9 Things You Must Get Right for Your Business to Thrive
The best way to make your business work for you is to build on the fundamentals. We give you nine ways to create a business that works for you.
Read MoreAdvantages of being a small business: you can change the game
Most small businesses are focused on growth. They should be, since growth is key to creating a business that works for you. But, that got me thinking, what advantages do small businesses have?
Being small definitely has its perks. You make decisions more quickly, you can be more nimble and you have less to lose. Small businesses have the opportunity to completely change the game.
Read More