Only one of every 5 businesses makes it to its 5th year, and fewer still make it to 10 years. What do the successful businesses have in common?1. The experience and skills of the top managers. Over half of business failures are directly related to managerial incompetence.2. The energy, persistence... Read More
What is a niche business? A niche business is one that caters to the common needs and interests of a focused group of people. For instance, people who play golf forms a niche market and people who are golf instructors form an even tighter and smaller niche.The advantage of going... Read More
Seven Questions to Improve Your Business, Your Relationships, and Your Life One of the most powerful tools we have as humans is our ability to ask questions. The more adept we are at asking them (and waiting for and listening to the answers), the more effective we will be. Here... Read More
If you are like me, you are living some distance from the devastation wrought by Katrina. If you are like me you not physically impacted and can watch the plight of others on television in the comfort of your home. And if you are like me, you are wondering what... Read More
Hey, as hard as this may be for you to swallow, business online is no different than a business on Main Street in your home town or city. We have good times and we have slow times.It is quite obvious what we do when our eBusinesses are experiencing the high... Read More
You have seen their ads and you may have wondered if they are worth a second look. What am I talking about? Online banks! Also known as internet banks, these are financial institutions who provide the majority of their banking services over the internet. Typically, online banks offer consumers high... Read More
Rut -- a routine procedure, situation, or way of life that has become uninteresting and tiresome... And not surprisingly, unprofitable. They say a rut is a shallow grave with two open ends. The good news (good news?!) is that the ends ARE still open, which means if... Read More
It is possible for small companies and individual business people to cut costs without sacrificing quality. Keep these 10 budgeting tips in mind when purchasing goods and services.1.) Buy in bulk, but compare prices.Sam's Club and Costco cater to small businesses and have good deals on bulk-packaged items. Know the... Read More
The Internet is a fast growing medium, trancending the personal ,geographical, political and cultural barriers. Because of its popularity and diversity, for an ambitious and hard working person, it is the right medium to make unlimited wealth th the only thing is that you should know how to do it,... Read More
Sometime soon you will be attending some training. It may be a one hour tele-seminar, a one day class, professional conference, or a weekend retreat. It may be something that you are paying for, or it may be something your organization is investing in. Whether you are paying the bill... Read More
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