Too many businesses, in an effort to compete, miss the mark in what it takes to truly differentiate themselves. If you are using your competition as a template for what you think you should be doing, then you will always be following, and will more likely get left in the dust of "not knowing what you didn't know."Companies that truly excel against competition are willing to put their offerings and how they approach doing business on the line. These businesses are willing to be disruptive, and...
Part I of II - A challenge every business owner experiences, no matter how long in business, is the stress of cash flow not flowing as expected or projected. Especially when there are receivables on the books, if the money isn't in the bank, it can be stressful waiting for it to be received when payroll must be met, vendors much be paid and investments need to be made. See if any of these are part of your cash flow problem. 1. Delayed Billing or Receipt: If you don't bill the customer, you...
I am continuously amazed how often I witness opportunities being missed, time being wasted or resources not being effectively leveraged due to a lack of initiative. While you would think this is something that is not an issue with an entrepreneur, it is more often than you think because of beliefs about what initiative is and isn't. People in general don't take the initiative they ultimately could and then wonder why they are not realizing success or progress as they had hoped. Could you or...