You Are Losing Money: 3 Ways to Stop Doing Everything in Your Business

According to Marketing Experts, there are just 3 ways to bring more money into your business… #1- Raise your prices #2- Get more clients #3- Sell more stuff to your existing clients I say there is another way. And it is really critical to your business growth and success. #4- Focus on what you do best! Here’s the truth. When you spend waste time, energy and effort trying to do everything in and for your business… you are LOSING BURNING MONEY! I see it every single day. Shux, even I…

Why LinkedIn Is the Best Social Media Marketing Tool for Entrepreneurs

Social media marketing has been around for several years now, ever since the advent of MySpace. But it really came into its own when Facebook and Twitter appeared on the scene. Now there are many social media outlets where entrepreneurs can make a name for themselves, but perhaps the best one is LinkedIn. Here's why LinkedIn is a preferred marketing tool for any small business owner. How LinkedIn Became a Force to be Reckoned With This year, LinkedIn celebrates 10 years of providing a social media site aimed specifically at…

Treat Your Business Like a Business Not a Hobby

Why is it so hard to treat your business like a business instead of a hobby or an entertaining diversion? When pursuing your dreams, it often involves a home business or owning a traditional business of some kind. When budding entrepreneurs open a home business, like network marketing or some type of internet business, they are often excited in the beginning and then get dejected when they haven't gotten rich by the end of the first month. Most likely that's because they didn't treat their business like it was a…

Who Should Work for Your Start-Up?

Starting a start-up is hard, really hard! In fact more than 75% of all start-ups never make it and die without ever making a profit. The tech entrepreneurs are idealized all over the world, but the majorly fail in their endeavors. This is not because people who start these startups are not talented or are lacking resources, but it takes an incredible amount of hard work, planning and good luck to make a start-up work. Not every start-up story ends like Steve Jobs or Bill Gates. As a founder, you…

Are You A Jack Of All Trades?

Have You Ever Met Anyone Who Said, “I Own Multiple Businesses”? Are you a jack-of-all-trades or do you know someone that is? I thought today's article would add a little humor to your life. Everyone needs a smile on occasion to live a balanced life. Anyway, maybe you've met someone who said they can do any and everything. I want to focus on the person that has many businesses. Now, this person is not a Bill Gates, Donald Trump or Michael Jordan but a person that can fix or do…

Organizational Behavior and Culture Built For Success

I remember reading an article where Louis Gerstner, former Chief Executive Officer for IBM, wisely stated that “The thing that I have learned at IBM is that organizational behavior and culture is everything.” I would have to agree with this statement. The success of any business depends on the behavior and culture within that particular organization. To ensure success, businesses must have effective management and leadership in place capable of creating strong organizational behavior and cultures. This post will highlight the correlation between organizational behavior and organizational culture, along with…

Top Tips On How To Start A Restaurant Business

How to Start a Restaurant Business Starting a restaurant business is an alluring dream for many but a reality for only a select few. The restaurant business is like the start of the New York marathon. Thousands of people start the race but only a fraction of those people finish and an even smaller percentage actually succeed in meeting their goal for the race. Why? Well, it simply isn't as easy as most people think and there are key skills and attributes that the entrepreneur must consider when thinking how…

Rewarding Work: Bailouts and Bonuses

Output Vs Creativity I've handed out a few bonuses in my time. Some years our results were spectacular; other times poor. Payouts went up and down accordingly. I can only remember two people opening the envelope and saying “thank you”. Both cases were in poor years. It never happened in a good one. Perhaps that's a function of good times. Bull markets are defined by optimism. Expectations climb beyond reality. Ask how much is enough and the answer, inevitably, is just a little bit more. Do incentives work? Not always,…

Growing Your Business or Organization: What Are 5 Things You Should Never Do?

Growing the business is any business leader's or CEO's biggest challenge. But the real challenge is doing it cost effectively without losing key talent. At the same time, it is critical to rally the organization's neighbors around the vision even it seems that the company will come undone by the pace of change. Here are 5 things that CEO's should beware of as their company grows rapidly: First of all, and counter to your intuition and perhaps the desperation you may be feeling as your company begins to grow rapidly,…