For the average entrepreneur making a loss means cash is getting lower. The business is hemorrhaging. Blood is leaving the patient. In the start-up world it’s called the runway. How much runway have I got? Perhaps your personal savings are being used to fund those...
You see we are told in articles, blogs, seminars and books to strike a balance between our personal life and our business life. We are told to not to let work take over our lives. Google allowing staff to work on pet projects for 20% of the time is an example of...
Whether you define an SMB in terms of employee numbers or some other metric the evidence points to the majority of employment is created by SMBs. Are these businesses actually creating value? Are these businesses becoming more valuable over time. In the U.S. there are...
As the CEO, it’s easy I hear you say, just increase sales or reduce costs or both! Brilliant. However on the basis that your operational team needs more guidance than that, I’ve listed a few ideas to get your juices flowing. A few ideas worth considering...
Tweakers Malcolm Gladwell wrote a brilliant piece in The New Yorker this week diving into the new biography on Steve Jobs by Walter Isaacson. Gladwell highlights the role of Jobs as a tweaker of an idea, then a transformation of that idea into something better, for...
When I started blogging in the summer of 2008 on a regular basis I had a simple objective, to share short, sharp pieces of operational advice that had worked for me over the last 25 years. Specifically I aspired to help owners and their teams make their businesses:...