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Top 10 lists are very popular today. It seems that a new top 10 list is coming out every day. You see top 10 lists featured on the covers of magazines. There’s even a well-known top 10 list featured on a late night talk show. But do you have a top 10 list of reasons [...]
There is a big difference between corporations that sell tens of millions of dollars per year and the entrepreneurial, family run businesses that may do only a few to several million dollars per year. Although you can’t compare the two businesses there are lessons to be learned from the major corporations. For instance, Cisco [...]
With the onset of the Great Recession and all the advances in technology, there has been much change in society including how companies do business. Or so it seems. Since the beginning of time the basics of what people want has never changed. Including food, clothing, shelter, communication to name a few. Someone is always [...]
There really is very little new business these days. You take business from someone; someone takes business from you. But what there is plenty of is: opportunity. Chances are your next customer or client is already doing business with someone. In other words, the competition. So how are you going to find new business? The [...]
The headline of a Wall Street Journal article in the Golf Journal section of the weekend edition (February 19-20, 2010) written by John Paul Newport reads: Why Tiger Will Never Dominate Again. The article goes on to quote the current No. 2 golfer in the world, Martin Kaymer of Germany, who recently competed with Tiger [...]
We all know things have changed in business since the recession and they don’t seem to be going back to where they once were. Although this seems like a very simple statement you need to think it through, concentrate on it and make it happen. So here goes: You can’t just show up for work. [...]
One of the strategies that people are using during the recession to increase their business is buying the competition. There are many reasons people sell their business. But here are the three reasons they usually want to sell. The first one is: The company is losing money. They want out; yet getting as much as [...]
According to the Wall Street Journal, Proctor & Gamble, one of the worlds largest consumer packaged goods companies, has adjusted their sales philosophy due to the recession. Although they still sell and market their premium products like Tide and Pampers, the company is working to reach more price-driven consumers by promoting cheaper products such as [...]
There are so many business lessons from General Motors that it is almost impossible to list them all. If you have a family or entrepreneurial business you could be asking: how does any lesson from GM apply to me? The answer is: The business lessons coming from GM do apply to small and medium sized [...]
If you’re like the millions of other business people, I can imagine what your day is like. It’s filled with stress. All day long you are making difficult business decisions. Although your business days are stressful with not enough time to do everything you would like to do in your business, think about how stressed [...]
