When navigating through dangerous waters a wise captain keeps an eye on certain signs. The shape and size of certain waves, the color of the water at critical points, the presence of rocks or sandbars, things that can be difficult to spot for the unt...Continue Reading »
One of my clients, a chiropractor, recently decided it was time to hire an Administrative Assistant for his growing business. When it came time to announce the job, I asked him to send me the ad first so we could review what he’d come up with. ...Continue Reading »
A few years back I watched a movie called The Stepfather. Until the final five minutes of gore, it’s a wonderfully constructed psychological thriller. The title character is a man who is forever searching to fulfill his vision of the perfect fa...Continue Reading »
"I need more sales." If I had a dime for every time I heard that from a client… Well, I’d probably have $20 by now. But seriously, the issue of sales (or lack thereof) comes up all the time; most often from clients who are just beginnin...Continue Reading »
One of the critical instruments in any transaction, whether between a vendor and a customer, an employer and employee or even two private parties, is the basic contract agreement. For some business owners however, the basic contract agreement isn&rsq...Continue Reading »
Owning and operating a business isn’t something that one undertakes lightly. It requires a huge leap of faith. It’s both exciting to live your entrepreneurial dream, and at the same time scary because there's no guarantee you'll succeed. ...Continue Reading »
A friendship founded on business is a good deal better than a business founded on friendship. John D. Rockefeller Lewis and Clark, Sears and Roebuck, Hewlett-Packard, the Wright Brothers. What do these names all have in common? Aside from being...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 »
In our article Revisiting the E-Myth we debunked a couple of misconceptions about the E-Myth Point of View; namely that: 1) the business owner should never do the technical work of the business and 2) every business should be franchised. You can read...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 »
In order to create an E-Myth'd business, you must create a systematized business. It's absolutely critical to the future growth and success of your business. Why? Well, systems are essential to: Building the asset that will generate the greatest ...Continue Reading »
How we handle our emotions as business leaders and managers is a critical part of the structure in any organization. Indeed, a great deal of leadership is really about emotional management. From the E-Myth perspective, the business is a reflection o...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 »
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