To Be Successful as an Entrepreneur, Do Projects in Bite-Size, Achievable Chunks
You must break down everything you do, no matter how complex it is, into bite-size, manageable chunks. With all the tasks you have to manage…
Bureaucracy Stifles Entrepreneurship and Innovation; Avoid It Like The Plague
Bureaucracy is the “anti-entrepreneur”. Avoid bureaucracy like the plague, in your company for sure, but also in the people and other companies with which you…
A Great Idea or Technology is Not Sufficient for a Great Small Business
Technology is important, but it is not sufficient for a business to succeed. Some businesses hardly use technology at all – in the long run,…
Data Management, Analysis, and Reporting Are Absolutely Key in a Small Business
Control your data and manage it well. Many entrepreneurs manage from their gut, which works well for them, particularly when their enterprise is small. In…
If You’re an Entrepreneur, Make Lots of Mistakes As Fast As Possible
As proud, ego-driven perfectionists, many entrepreneurs are loath to make mistakes – or certainly to admit having made them. In my observation and experience, this…
Don’t Reinvent Any Wheels in Your Small Business
Why reinvent the wheel? You hear this all the time, but do you heed this advice? There’s almost no good reason to do something from…
If You are a Startup Entrepreneur, You Must Justify Any Assumption That You Will Perform Better Than Competitors
One common mistake that entrepreneurs make when planning for their business, is assuming that they will be able to perform better (usually in a whole…
In Small Businesses, There Are Lots of “Great Ideas” and Almost No “Great Execution”
Ideas are a dime a dozen. Good and great ideas are a bit harder to come by, but they are out there. What there seems…
Small Business Ads Should Be Simple, Base and Frequent
I remember the very moment many years ago when this one hit me over the head. An entrepreneur had asked me what I thought of…
Learn From Your Failures As an Entrepreneur, Then Forget Them
As humans, we have a tendency to obsess about failures. They worry us, they stick with us, they can drive us to drink, or worse. …