Business Growth

Outside the Box Thinker

You’ve undoubtedly heard a statement like, “She’s a real outside the box thinker”, right? The truth is everyone is in a box when it comes to their thinking. The question becomes one of how did that box get created and Read the rest of this entry »

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Spend to Cut Costs

Although spend to cut costs may sound counter-intuitive, there is sound logic to it. Let’s dig a little deeper.

First, this is in no way referring to some of the loony ideas you may sometimes hear to Read the rest of this entry »

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Philosophical Basis of a Business

Chances are you may never hear someone discuss the philosophical basis of a business, but if you listen closely you will realize they have one. So, what do I mean by the philosophical in this context. Read the rest of this entry »

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Read and Study to Stay Relevant

Do you read and study to stay relevant? You may think that is a silly question, but the cost of not implementing this is huge. Read the rest of this entry »

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80/20 Rule for Forks in the Road

In business, just as in our personal life, we often come to the proverbial “fork in the road”. Maybe the 80/20 rule for forks in the road can help with decisions. Sometimes it is as simple as choosing one of two things, but more often it involves selecting from a multitude of options. In other words, life’s not always straight forward, including when it comes to business. Read the rest of this entry »

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Procrastination and the 80/20 Rule

Sometimes it seems like there is more to do than is possible. Actually there may be, so what does that have to do with procrastination and the 80/20 rule? Read the rest of this entry »

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80/20 Expense Analysis

The term 80/20 expense analysis is not one you hear every day, but it is a concept that can be highly useful to managing and improving a business. Read the rest of this entry »

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When the Economy Slows What is Your Plan?

Think about this, when the economy slows what is your plan? Throughout history the economy has had periods of growth, decline, or merely remaining stagnant. Often a company is humming along nicely when suddenly, Read the rest of this entry »

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Absolutes and Business Wisdom

Both absolutes and business wisdom are relevant to operating a business. Just what does that mean?

Business absolutes are things like the balance sheet must balance. Wisdom involves things that you don’t have to do but that require the ability to discern what is best. An example of wisdom is whether to use Read the rest of this entry »

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Be Cautious in Your Assumptions

Assumptions make it more efficient to operate but also can harm results, so it pays to be cautious in your assumptions. Read the rest of this entry »

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