In everything we do, often the sheer excitement of an event, experience or a purchase pushes out everything else, including good judgment. That’s to be expected, and sometimes, can’t be avoided. But buying a business is such an important event that has the potential to affect so many other things in your life. Because of […]
In 2004 Dan Green was a mortgage officer. He started blogging about important trends in the industry, focusing on giving timely, relevant, non-biased advice. He thought it would be a smart way to stay in touch with existing clients, as well as reach out to new ones. The strategy worked…a little too well. He […]
There are so many questions you might ask yourself when thinking about becoming a business owner. In fact, we’ve addressed many of those concerns in previous articles, here and here. But today we wanted to focus on three important ones that have to be answered. Where will I get the money? We’ve discussed various ways […]
We’ve already spoken about a John Warrilow book before, namely The Automatic Customer, which is all about how creating subscription streams of income is something incumbent upon (and doable for!) most businesses today. But before he wrote that, he wrote a book called Built to Sell, which uses the story-telling devices used in The E-Myth and […]
In all likelihood, you’ve already heard about the far-reaching Cambridge Analytica/Facebook scandal. In case you haven’t, here’s a brief summary: Cambridge Analytica, a British political consulting firm, used a personality quiz application on Facebook, presented as “for academic purposes,” in order to gain access to over 50 million user profiles since 2015. It did this […]
In 2011 Dan Bradbury was building a company called Business Growth Systems that taught marketing to small business owners. They would hold seminars explaining how to build infrastructure to create and track demand for products and services. Often those seminars served as funnels into individual client work, in which he and his staff served as […]
In a previous article we discussed things to ponder when considering a business partnership. In this article, we’re going to deepen and broaden the conversation by considering the question from the aspect of bringing on multiple partners. Partnerships continue to rise, according to IRS data, as do the profits from those partnerships, so this […]
Delegation. It’s one of the surest and most necessary components of the growth of any business, yet it’s sometimes looked at too simplistically. “You get to do this now,” only works if your colleague or employee knows he/she has your trust. Without that trust, what you delegate can be undermined from day one. Delegating […]
Many business books have the same formula: Identify a problem Show your unique way of solving the problem Do so within 300 pages or fewer This means that there’s a predictable comfort with such books. But it also means only a very few go on to become truly meaningful and useful long-term beyond fads of, […]
In today’s competitive marketplace, it’s important to consider key differentiators for your company when it comes to attracting (and more importantly, retaining) key members of your team. Both equity and profit sharing send the signal that “You’re a direct part of how these profits happened, so we want to share them with you.” […]
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