When you start a new business you will need to do almost everything. This means you will need to roll up your sleeves and take a very hands-on approach. You will be working IN your business. However, if you want to grow your business, you will need to pass on the day-to-day work to others and spend more time managing. You will need to work ON your business. Some business… read more →
Small businesses that survive from generation to generation are few and far between, but all business owners can learn from what they do well. To survive recession, adapt to changing trends and new technology, and to maintain your place in your market, takes certain key attributes. Here are some tips for building a business to last: Establish clear ground rules at the start. Every business needs strong foundations, so lay… read more →
If you look at the lifespan of high-growth, successful businesses, they all seem to go through similar phases. It makes sense that as a successful leader you have to change your focus along with those phases. The first phase is all about understanding the market opportunity. Or, understanding the problem that needs to be solved. It’s important to understand not just the problem, but also the number of people who… read more →