The idea of a business plan is very comforting. It makes people feel safe and secure to know that there is a plan guiding business activities in the “right” way. But why is it that business plans almost never come to life? Why do almost ...Continue Reading »

A team is a group of people cooperating to achieve a purpose. Your entire organization makes up your team. A management team, of course, is a group of managers. And a strategic management team is a group of senior managers responsible for the strateg...Continue Reading »

Can you be a business owner and still be an artist? There are many talented and successful artists working hard every day to do what they love. Some people are able to periodically earn money with their passion, but for many artists, that income is ...Continue Reading »

Even if you have no immediate plans to sell your business, it's never too soon to start building your company's value. Doing so will not only help you in the long term (if you're depending on the sale of your business to fund your retirement or your ...Continue Reading »

Continuing our discussion with author and entrepreneur John Warrillow, this week we dive into the first of the 8 steps he recommends toward creating a sellable company: creating a standard service offering. For those of you familiar with E-Myth, thi...Continue Reading »

The first step in any successful endeavor is defining what a win will look like once the project is complete. When an artist begins a painting, he typically has a vision in his mind of what the painting will look like when it is finished. Whe...Continue Reading »

We define business frustrations as a series of specific recurring events in your business over which you feel you have little or no control. Every business has frustrations. From small "hiccups" that hinder the flow of work, to fatal flaws that ca...Continue Reading »

Sometimes we get into ruts. We get used to doing business “our way” and we close ourselves off to the possibility that there might be another way. Maybe even… a better way.  We repeat the same patterns and produce the same res...Continue Reading »

Most of the small business owners I work with start our Mastery coaching programs aptly referring to themselves as the owner of the business and “Chief Hat Wearer.” For solopreneurs, 3-person operations, and mid-size companies, the story ...Continue Reading »

Continuing our Attributes of a Business Leader podcast, E-Myth's President Wendy Vinson and Seminar Leader Karin Iwata discuss the common personal attributes successful business leaders possess and how those attributes help them turn intention into a...Continue Reading »

We get quite a few questions from our community about how to apply E-Myth principles to a one-person business. Our answer starts with your intention. For the "solopreneur" there are really two paths you can take: one is to be clear with yourself tha...Continue Reading »

Some people start a business because they're passionate about a particular cause and they want their business to have an impact. Some people start a business because they are looking for a better work/life balance. Some are simply looking for more fr...Continue Reading »

This article is the first in a series of posts about common – and costly – financial mistakes small business owners make As an entrepreneur, you’re hardwired to enjoy a greater level of risk than the average person. But, if there's...Continue Reading »

Wired.com’s “Marketing Guy” Jim Hopkinson takes a fresh and funny look at marketing trends for in the Epicenter blog, Wired’s technology business news blog. Today he posted an interview with entrepreneur Daniel Odio, co-founde...Continue Reading »

After the decision to start a business of your own, perhaps the most challenging decision you can make is whether to sell that business. You conceived it, built it, poured your lifeblood into it, and now find yourself with a viable, profitable enterp...Continue Reading »