Ask any entrepreneur about annual business planning for their business and you'll immediately be met with eye rolls. If we're honest, it's one of the few pieces of business ownership most entrepreneurs would rather avoid. Yet, it's likely one of the most important pieces of business development as you head into a new year.Read More
We all believe we're pretty good at strategic thinking. Yet, only 3 out of 10 small business owners know how to think, plan, and excecute strategically. Eek!Read More
Tags: Strategic Thinking
Spontaneity and the ability to “fly by the seat of your pants” or “fake it until you make it” can be excellent qualities to have, but to survive the test of time in business you need a plan. If you’re serious about success, a clear business strategy must underlie all the day-to-day tasks you do.Read More
Your business strategy is a primary differentiator that is easily visible to your marketplace. Although a client may not readily be able to identify a point of difference between you and your competitor as a business strategy, it is one of the few mechanisms by which buying assessments are made. Given that, it's important to get your strategy right.Read More
Tags: Small Business Strategy
Albert Einstein wrote, "Imagination is more important than knowledge. For knowledge is limited, whereas imagination embraces the entire world, stimulating progress, giving birth to evolution."Read More
Tags: Business Growth
Today's small business owners are grappling with uncommon levels of complexity. As one colleague so aptly put it, "We have overwhelmed entrepreneurs coming out of the woodwork from all directions."Read More
Your mind is a beautiful thing. It ignites ideas, sparks inspiration, and illuminates direction. One's mind can also be a bit tragic. It has the power to elevate anxiety, destroy self-confidence, and flame the fire of your worst fears. It shrinks goals, minimizes efforts, and brings to fruition that which one most fears.Read More
What would you say if I told you that putting a business strategy in place before unearthing 10 hours a week is very much like "putting the cart before the horse." (As my Mom would say.)Read More
With business becoming increasingly complex, business owners are faced with a variety of challenges — the most prevalent being overwhelmed by all there is to do in a day. This distressing situation is a far cry from what many of us thought growing a business would be like.Read More
Business strategy...what is it, really!? And, is my small business even big enough to warrant a strategy?
These are only a few of the questions that arise during a meeting between a business owner and his or her business strategist.
Most businesses — large and small — struggle with strategy. What is it? How is one created? Who's involved? And, finally, what's the big deal...especially when you've survived for several years without one.Read More