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
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
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
Creating business growth isn’t what it used to be. Gone are the days of being everything to everybody. Even focusing on a niche is no longer enough to break into the world of big profits. In today’s marketplace, a business needs to specialize in a micro niche in order to optimize success. Keep reading to learn what constitutes a micro niche, why it’s beneficial, and how you can find yours.Read More
Small business coaching is vital to the success of any business. Having someone who can encourage and lead you in the right direction can help you reach – and even exceed – your goals. Although most entrepreneurs realize the importance of coaching, skepticism surrounds the use of professional coaching for small business. As a result, entrepreneurs often turn to other sources for advice and mentoring. Legitimate business coaching, however, provides benefits that simply aren’t available elsewhere. (Click to Tweet)Read More
Merely stating that you have to carve out time for strategic thinking doesn’t make it so. For many small business owners already overwhelmed by all they have to do, an activity has to be valuable if it’s to be added to an already bloated calendar. The results achieved, especially in a highly competitive and fast-changing business environment, make strategic thinking a must!
Strategic thinking, the thinking process used by the most intentional and successful of entrepreneurs, is getting a bad rap and who’s paying for it? The small business owner! Are these myths getting in the way of your small business growth?