General Business Principles

(Truth)Fundamental truths that relate to and govern business.

I Ran an AI Audit on My Own Solopreneur Business. Here’s What It Found.

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Product Designer, Machinist, Inventory Manager, E-commerce Manager, Order Fulfillment Specialist, Content Creator, Content Strategist, SEO Specialist, Social Media Manager, Email Marketing Manager, Affiliate Manager, Digital Product Developer, Course Creator, Customer Service Representative, Marketing Manager, Domain Portfolio Manager, Property Manager, Bookkeeper, Financial Analyst, Operations Manager, Automation Engineer, Systems Administrator, Business Strategist, Legal/Compliance Officer. Read that list […]

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Top 10 Service Based Business Ideas for Introverts (with Zero Overhead)

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If you’re currently sitting at a desk in a 9-to-5 job, staring at a stack of paperwork and wondering if there’s a way out that doesn’t involve shouting on LinkedIn or networking in crowded rooms, I have good news for you. Most people think entrepreneurship belongs to the loudest person in the room: the charismatic

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What Is One Way for An Entrepreneur To Decrease Risk

What Is One Way for an Entrepreneur to Decrease Risk? (And Why Most Answers Are Wrong)

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Entrepreneurship comes with risk. That’s the deal. But ask most people “what is one way for an entrepreneur to decrease risk” and you’ll get the same recycled answers: write a business plan, validate your idea, start small. Those aren’t wrong. They’re just not the lever. The highest leverage risk reduction move an entrepreneur can make

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The Four Stages Of Wealth Creation; From Clueless To Capitalist.

The Four Stages of Wealth Creation: Your Complete Journey From Clueless to Capitalist

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Over the years of my practice and subsequent success/failures I have grown to appreciate the multifaceted reality associated with conducting business well. I have found that everyone puts their own spin on creating wealth or has a bias that bleeds through their approach to business. This isn’t bad it simply illustrates that there are many

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Hero on a Mission by Donald Miller: A Complete Guide to Finding Your Life Purpose

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I just finished going though Donald Miller’s new book Hero on a Mission: A Path to a Meaningful Life. I was exposed to the book while listening to the radio. Dave Ramsey had Donald on his show and gave him a short interview discussing the book. The hook that got me interested was when Donald

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2030 and the coming opportunities for those that want to buy a business

The 2030 Business Buying Opportunity: Baby Boomer Succession Crisis

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For those of you running your side hustles and banking some extra cash I hope you ear mark some of those funds to take advantage of the coming transfer of wealth. Baby boomer owned businesses that don’t have succession plans in place are going to offer great opportunities for those of you who have the

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The Ultimate Guide to Hiring Employees and Finding the Right Job Match

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Do to some recent involvement in hiring processes I felt like it would be a good time to share some insight on what I have learned. As an employee or an employer the following information will help you find a good fit. It is amazing at how little thought is given to the pairing of

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Understanding the Competitive Advantage Spectrum in Business

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In a previous article entitles “Factors of a Competitive Advantage” I covered the three main areas a company can compete without an existing relationship. The three areas again are Cost, Quality, and Lead Time. Each of these factors is present in the market place and is taken into account whenever someone is making a buying

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The 4 Critical Small Business Success Factors Every Entrepreneur Must Know

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Many factors play a role in the success or failure of a small business, but how can these factors be assessed across business types and how do we identify which ones are key? In previous articles we have addressed how businesses can compete relative to one another but here we will dig into the key

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