Many of our readers have recently emailed and asked for an update of my previous economic outlook that I made at the beginning of the year. These days the media is reporting on just about every bit of data and very little makes sense. In fact, we would argue that much of it has nothing […]
Archives for 2010
This Advertising Stuff Doesn’t Work, What a Waste of Time and Money
Frustration is all around these days as many businesses struggle to get customers in. Advertising can sometimes be black hole that simply sucks the money out of a business with no return. Therefore, it is not uncommon for business owners to feel that they may be better off not doing any advertising or marketing. Are […]
When It Is Not a Good Idea to Make a Change in Your Marketing
These days it is apparent that the way we sell and the way that we market is changing right before our eyes. For some business owners not being able to flex with the changes is causing major problems with their profitability and with some it has meant closing down altogether. Therefore, being able to change […]
Leadership Lessons From a True Legend Who Walked his Talk
Even if you have never been into sports most business professionals have heard of and admired Coach John Wooden. On June 4Th 2010 the world lost this great basketball coaches and wise leader at the age of 99. Fortunately we still have access to his ideas and strategies that can help any business owner succeed.
Business Lessons From The World Cup
There is an old saying that I have always liked, “It aint over until the fat lady sings”. This is as true in sports as it is in business. It is so easy to prematurely give up when the odds appear to be totally against us. The annals of business are full of stories of […]
Every Business Owner Needs an Advisory Board
These days staying ahead of the competition and market changes is necessary to the very survival of the business. Just being good is not enough and mediocrity spells certain death for any business who allows it to occur. So, how can a business owner make sure that they are on top of it all? One […]
Three Big Levers to Grow Your Business and What We Can Learn from Starbucks, McDonalds, and AMC
There are a billion different ways to grow your business, but there is a particular set of three “levers” that you can use to make game-changing increases in cashflow. Your businesses cashflow is basically defined by: Cashflow = Number of Customers x Average Ticket Sale x Frequency of Purchase This means that if you can […]
An Ironic Story
I just had to share with all of you this rather silly story. Heck, these days all of us can use a good irony here and there. The world is sometimes just interesting and full of strange tales. So here is the short story. Let me know what you think.
Can You Get Smarter By Playing Brain Training Games
A new study published in the science journal Nature states that there is no empirical support to show that using those computerized brain training programs actually improve overall cognitive functioning. The study followed 11,430 participants over six weeks using the cognitive training tasks claimed to improve such things as reasoning, memory, planning, and attention.
The Silver Lining for Business Owners
In the previous post, How Credit is Effecting Your Business, we discussed how the credit crises has changed the way that business owners are operating. We also discussed the value of knowing the true FICO score and where to get it. Sure there are more things to deal with now than before as a result […]
