Posts Tagged ‘entrepreneur’

Expose Yourself Out of Business

Expose Yourself Out of Business

“We priced it low because we wanted the exposure.” Every young, and even some seasoned entrepreneur can fall on the trap of the “exposure” temptation. In the search for legitimacy and clout, entrepreneurs want to have the recognizable “big fish” names in our portfolios.  After all, that means great PR (Continue reading…)

3 Questions You Should Ask Before Jumping into a New Business

3 Questions You Should Ask Before Jumping into a New Business

I have made a lot of mistakes in my business career. Thankfully, I have made some good choices that have paid big dividends. Recently I was talking with a friend who is assessing the possibility of buying an existing business. I asked him to answer these 3 questions:

4 Gauges Every Entrepreneur Should Monitor

4 Gauges Every Entrepreneur Should Monitor

As a business owner, I’m never “off.” The mind of an entrepreneur is always working on opportunities, challenges and next steps. Of all the many thoughts that go through my mind on any given time, there are 4 areas of business that I’m constantly monitoring because I have learned that (Continue reading…)

Is Your Greatest Idea Still on a Napkin?

Is Your Greatest Idea Still on a Napkin?

“The greatest ideas are still left on napkins,” said a friend over lunch. These words stuck with me like some ugly unwelcome platitude. The more I tried to ignore them, the more they nagged at me. My ultimate fear is to go to my grave with my greatest idea still (Continue reading…)

The Opportunity During Tough Times

The Opportunity During Tough Times

We fear that Wall Street is still spiraling out of control, our economic system might in total chaos and the sky  might be falling as well. While I find myself very concerned about our financial future, there’s something about a shake down in the way we do business that excites (Continue reading…)

5 Reasons Your Business or Ministry Might Not Succeed

5 Reasons Your Business or Ministry Might Not Succeed

Your dream venture might never happen not because it’s not a good idea or it’s not needed, but because it might be under resourced.  Entrepreneurs in their zeal to get their dreams birthed usually shortchange the true cost of what it takes to create a sustainable business. Here’s some of (Continue reading…)

The Right Stress: Yet Another Reason I’m an Entrepreneur

The Right Stress: Yet Another Reason I’m an Entrepreneur

We all have stress in our work, but there is a big difference between what I call “corporate stress” and “entrepreneurial stress.” I have dealt with both and I have chosen the entrepreneurial stress. Here’s why. I hear often from friends who work in a corporate environment about the challenges (Continue reading…)

Innovators Don’t Ask

Innovators Don’t Ask

I’m convinced you cannot use focus groups to describe a ground breaking idea. I’m usually a fan of research, but not when it comes to introducing a cutting-edge idea or new product into the market. Focus groups might be a valid way to improve on an idea, or a help (Continue reading…)