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What Business Should I Go Into?
Discovering Business Opportunities in Problems We are often approached by young folks who ask us, “What business should I go into?” - as if there was the realm of all possibilities. We assume by this question that these folks have not decided to “follow their...
To Succeed in Business, Delegation is Not a Choice, It’s a Requirement!
We like to say, “Do what you do best, and delegate the rest!” That sort of flies in the face of, “If you want it done right, do it yourself!” Is there a middle ground that gives you the time you need to focus on moving the company forward using your best skill sets...
Entrepreneur – Startups That Overlook the Cost of Sales … Fail!
You often see line items on business plans for the cost of goods sold, also known as COGS. Most startups are painfully aware of the cost of goods. But there is another cost that is even more painful if it’s overlooked. That is the cost of sales. In today’s “scale fast...
C-Suite Success Radio Interview
Michael was interviewed on C-Suite Success Radio by host, Sharon Smith. To listen to the interview, please click the play button below:
3 Business Functions You Can’t Outsource
The Burn Rate and Runway It’s always painful for us to hear a new wantrepreneur talking about the first steps they’re going to take when they go into business. They usually say something like, “Well, if I’m going to go into business, I’m going to need to get an...
3 Ways to Get Your Vendors to Reduce Your Need for Cash
When we talk to young startups these days, we repeatedly hear them asking for the same thing — cash. It’s true that a certain amount of cash is necessary for any startup. But when we press them and ask if they have taken full advantage of their hidden resources, they...
Branding Experts Reveal The Latest Trends in Retail Packaging
Michael & Bonnie contributed to an article written by Rombus Packaging Limited on the latest trends in retail packaging. To read the article, please visit Rombus Packaging Limited
8 Steps to Making Mistakes WRITE
One of our favorite talks is on making mistakes write. Not just right R-I-G-H-T but WRITE like W-R-I-T-E! When we started our business, we made so many mistakes, we got good at it. So, it seemed natural to us to develop a process for making mistakes. Our business was...
Civics the Hard Way
We often write about the need to return to Civics as a mandatory course in high school and even grammar school. We need to take a driving test to get a driver’s license. But we don’t need to complete a basic civics course to vote. Unless of course, if you are a...