Category Archives: Entrepreneurship

An Army of One

Hollywood has done an excellent job of defining what it takes to be an action hero. George Smiley, the grey civil servant of John Le Carre’s spy novels, is a protagonist, but not a hero. Heroes are cast in a distinct … Continue Reading

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The Road Less Traveled

Somewhere ages and ages hence: Two roads diverged in a wood, and I, I took the one less traveled by, And that has made all the difference. Perhaps Robert Frost’s famous poem isn’t a perfect expression of what I am … Continue Reading

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Beating the Boomer Bust

We’ve looked at the coming generation of business buyers, and many things about that picture aren’t pretty. When I present to business owners about the Boomer Bust, this is around the time that someone in the audience says “So, are we just … Continue Reading

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The Brass Ring

A long, long time ago (I’ve actually ridden only one such in my lifetime) Carousels had a spring-loaded sleeve of brass rings protruding near the innermost (and least popular) track of horses. A bigger kid could lean out and yank … Continue Reading

Posted in Business Perspectives, Entrepreneurship, Exit Planning, Exit Strategies, Life After, Strategy and Planning | Tagged , , , , | 3 Comments

Hunting vs. Farming

At the family gathering, you are being introduced to a distant cousin you haven’t seen since childhood. The introduction usually includes your status as a business owner. “Do you remember little Cousin Bobby? He owns his own company now.” Or … Continue Reading

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Are Mistakes Good?

“Experience is a dear teacher, but only a fool will learn from no other.” Benjamin Franklin Business owners learn a lot from their experiences. As a friend says, “Experience is what you get when you don’t get what you want.” … Continue Reading

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The (pen)Ultimate Hire

Every sane business owner will acknowledge that there is a point at which his or her own skills are no longer sufficient to grow the business beyond its current level. The revenue point where that happens differs by industry, but it frequently begins at … Continue Reading

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Turning Plans into Realities

We’ve discussed some simple steps to getting started on your annual business plan. (see previous post: The Seven Questions of Simple Planning). Once you have the questions answered, you can begin moving towards the actions that transform your plans into … Continue Reading

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The Seven Questions of Simple Planning

The Creation In the beginning was the plan And it sprang from the assumptions And the assumptions were without form So the plan was void of substance And darkness fell upon the face of the workers   And the workers … Continue Reading

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Three Circles of Family Business

What is a “Family Business?” A large percentage of small companies have some family involved. For most, it is simple a case of providing employment to family members. If the founder of the company is also the principle revenue generator, … Continue Reading

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Never, never, never, never give up.

I kind of see everything as connected. Last week we hosted Larry Linne, author of “Make the Noise Go Away,” a book about the roles of first-in-commands and second-in-commands. I will be writing about a couple of things Larry said in his … Continue Reading

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Can Startup America revive US small business?

A couple of weeks ago in my opinion blog “Awake at 3 o’clock” I pointed out that politicians pronouncing small business owners as the saviors of the economy is a misplaced strategy. (“SMB isn’t the cure for the economy“) Most SMB … Continue Reading

Posted in Business Perspectives, Entrepreneurship, John's Opinions, Politics and Regulation | Tagged , | 1 Comment