Sebastien Ricard September 10, 2020 Economic downturns are inevitable, and every business should be built with enough resiliency to withstand them. Let’s discuss how to make sure you have the right foundation in place to work through and recover from every possible economic cycle. Are economic downturns really inevitable? History would say, yes. Downturns are … Continue reading How to Build a Business Resilient to Downturns
Samuel White September 9, 2020 StockSnap / Pixabay As someone who has dedicated myself to earning money in a variety of different ways, I read a lot. Inevitably, when you read about business, you hear a lot of different pieces of business advice. Most guides on building a business involve the same sort of … Continue reading Most People are Wrong about How to Build Your Own Business, Here’s Why
Karen Repoli September 9, 2020 Have you heard the statistic that millionaires have at least seven income streams? That’s seven different ways that they’re making money each month. For example look at the stars or Shark Tank. They all have multiple businesses and are always investing in more! Now take a look at your business; … Continue reading 3 Ways Your Business Can Benefit From Passive Income
Steven Imke September 7, 2020 In a previous post, we described a system to promote a consulting business. However, most consulting businesses are not inherently scalable since there is a limit to the number of hours that consultants can bill. Moreover, marketing takes time, and devoting many hours per week to marketing and promotion efforts … Continue reading How Consultants Can Leverage and Scale a Business
Al Davidson September 3, 2020 Dolly Parton is an American icon. Even people who don’t consider themselves fans of country music tend to know and like Dolly Parton; over many decades, she has built a brand as not just a musician, actress and entertainer, but as a smart, savvy business owner. Dolly owns a multi-million … Continue reading Business Management Lessons from Dolly Parton
Brian Basilico September 3, 2020 Some of you may be too young to remember this, but I certainly am not. We used to have this thing sitting on our desk that flipped open. It would either pop open or maybe even roll back into the machine, and it had a little wheel on it. … Continue reading How and Why to Build a Golden Rolodex
Angela Hausman, PhD September 3, 2020 Image courtesy of Slideshare Building a business is hard and retail business is especially hard. Many retailers were forced to close their doors or file for bankruptcy during the pandemic, including some of the best-known brands, such as JCPenney, Kohl’s, Macy’s, and Nordstrom’s. Yet, wholesale businesses, such as Amazon, … Continue reading Why Choose a Wholesale Business?
Deborah Sweeney August 25, 2020 In June 2020, GetApp surveyed 577 small business owners to learn how they were able to respond to changing consumer behaviors and pivot their business models as a result of the COVID-19 pandemic. According to those polled, 92% of small businesses successfully pivoted in at least one way to meet … Continue reading Reinventing Business Models: 3 Ways Small Businesses Can Keep the Momentum Going
Steven Imke August 23, 2020 As a mentor to thousands of clients over the years, one question I get most of the time is to render an opinion about the client’s business idea. The process that I recommend to assess or validate a business idea starts with defining your core hypotheses, followed by identifying the … Continue reading How to Validate a Business Idea Before You Start
Lucy Spencer August 19, 2020 Conscious business practices have been around for several years, originally developing from the concept of corporate social responsibility. They were devised to bring a more human element to the business world and to ensure businesses operated in an ethical way. Whereas 20 years ago businesses were either commercial or communal, … Continue reading Why Are Conscious Business Practices Becoming the Norm?