Basics of small business

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

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

3 Comments / General Business Principles /

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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Budgeting Personal Finances For Freedom, Flexibility, and Peace of Mind

How Personal Finance Budgeting Creates Financial Freedom and Peace of Mind

1 Comment / Pre Business /

In the previous section we discussed How Saving Money Works and What it Will Afford You. If you have done this and have established a habit of saving you have begun the process of creating a personal budget that will give you freedom, flexibility, and peace of mind. Having a plan is essential and establishing/sticking

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The 4 Critical Small Business Success Factors Every Entrepreneur Must Know

5 Comments / General Business Principles /

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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The Hidden Benefits of Inefficiency in Small Business Operations

1 Comment / Growing a Business /

For the past year I have been trying to wrap my brain around the paradoxical relationship between effectiveness and efficiency in small businesses. I have understood that one can be effective without being efficient but I could not reason why. I kept thinking this was a reality that persisted in spite of itself and ultimately

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Small Business Innovation Questions: Expert Answers for Entrepreneurs

Leave a Comment / General Business Principles /

The following list was posed to me by a reader so I thought if this person had these questions others may also. Each refers to small business and the issue of growth. I left the questions as they were asked 1. Are small to medium sized companies innovative needs, more crucial to their success than

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Chaos vs Bureaucracy: The Entrepreneur’s Guide to Balanced Growth

1 Comment / Growing a Business /

You may not realize this but as an entrepreneur one of your main functions is finding the balance between chaos and bureaucracy. If you take a look at successful organizations you will see they have somehow found a happy medium between these two extremes. It is this balance that allows organizations to flourish and will

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