Tag Archives: small business

You Shouldn’t be Your Own Second in Command

Business owners are accustomed to wearing many hats, and many don’t have the financial resources or personnel to field a full management team. The owner winds up wearing one or more functional hats in addition to that of the CEO. If you have … Continue Reading

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My Interview with Robert Morris: Part I

Robert Morris is the number one reviewer of business books for Amazon.com. A few weeks ago he posted a great review of Hunting in a Farmer’s World, and asked if he could interview me. Bob’s questions were really fun, and the interview … Continue Reading

Posted in Customer Relations, Incentives, John's Opinions, Leadership, Managing Employees, Sales, Strategy and Planning, Top Blog Posts, Uncategorized | Tagged , , , , , , , , , , , , , | Leave a comment

2014 Outlook: Are We There Yet?

“The only thing we have to fear is fear itself.” Franklin Roosevelt’s inaugural address on March 4, 1933 was an early recognition of the power of consumer confidence in bolstering our economy. In 1933 The US GDP was falling to about … Continue Reading

Posted in Business Perspectives, Economic Trends, John's Opinions, Politics and Regulation, Strategy and Planning | Tagged , , , , , , , , | Leave a comment

Can Franchising Survive The Baby Boomers?

As a consultant to business owners, this is a column I’ve hesitated to write for a long time. There are over 800,000 franchised businesses in the United States, and I’m not going out of my way to make that many owners mad … Continue Reading

Posted in Business Perspectives, Economic Trends, Exit Planning, Exit Strategies, Selling a business, Strategy and Planning | Tagged , , , , , , | 1 Comment

Happy Ostara: Owner Infallability

The origins of Easter are lost to history. I don’t mean the Christian holiday celebrating the resurrection of Jesus, or even the Jewish holiday of Passover which it matches on the calendar. In fact, the name Easter is a derivative … Continue Reading

Posted in Leadership, Managing Employees, Strategy and Planning | Tagged , , , , , , | 2 Comments

Are Entrepreneurs Smarter, or just Gutsier?

The vagaries of my reading habits had me reading two “How I did it” books last week; Ed Whitacre’s “American Turnaround” and Dave Ramsey’s “EntreLeadership.” Both men are justifiably proud of their achievements, but their differing paths to success are striking. … Continue Reading

Posted in Business Perspectives, Entrepreneurship, Leadership | Tagged , , , | 3 Comments

Business Plans and New Year’s Resolutions

For the last week or so, the regular denizens of my local gym have been “preparing” for the onslaught of Resolutioners, as we call them. Those are the folks that show up every year right after the holidays, determined to … Continue Reading

Posted in Entrepreneurship, Strategy and Planning | Tagged , , , , , | 1 Comment

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

The Pig in the Python

The title of this section refers to a well-known biological phenomenon. The python family of snakes have hinged jaws that allow them to swallow animals much larger than their heads. These animals are gradually consumed as they pass through the … Continue Reading

Posted in Business Perspectives, Economic Trends, Exit Planning, Exit Strategies, Selling a business, Strategy and Planning | Tagged , , , | Leave a comment

Tax Deductible- So What?

We have done ourselves a disservice as business owners. Too often we have justified an expenditure to non-owner friends as “tax deductible” to show how clever we are. In doing so, we have confused the public. They see the Federal … Continue Reading

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The Third Factor- A Third Eye?

For several years my writing and speaking has focused on two factors that are indispensable for entrepreneurs; creativity and tenacity. Creativity is the drive that not only makes entrepreneurs see opportunities, but also makes them consider every problem or challenge … Continue Reading

Posted in Business Perspectives, Entrepreneurship, John's Opinions, Leadership | Tagged , , , | 3 Comments

Black Swans and Small Business Plans

The term “Black Swan” has become immensely popular on Wall Street and in the media to designate a rare occurrence. Google “Black Swan Japan earthquake” (which is popular enough that Google will fill in the last 11 or 12 letters … Continue Reading

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