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With the Credit Crunch having an effect worldwide, many business are falling on hard times.
Guy Kingston, successful entrepreneur and podcast presenter, offers more advice on handling business adversity
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Here’s a question for you:
If you had to pick one move that you’ve made in your business (past or present business) that had the biggest impact on profitability, what would it be?
Just as for other articles here in the Small Business Success Center, I once again polled several entrepreneurs. This is how they answered the question:
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When most professionals think about getting new business, hey think about brand new markets to penetrate and focus on, or launching new initiatives to appeal to a new crowd. They attempt to identify potential customers they have ignored or those who have not been apparent to them in the past. They look for the new and different-for the proverbial
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Simple steps. Make the customer know you care. Organize your business around that one principle.
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Advice from your peers in other industries can provide new perspective and immediate solutions to pressing problems. Steve MacGill, CEO of Peersight Online, discusses why in this guest post.
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Dave Hermansen did not own a bird or a cage when he bought bird-cage.com, an online store, for $1,800 three years ago. He simply saw a Web site that was “very, very poorly done,” and begged the owners to sell it to him. He then redesigned the site, added advertising and drove up traffic. Last December, he sold it for $173,000.
Mr. Hermansen is
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To all the usual reasons that small businesses are put up for sale, add economic woes this year. But even as for-sale listings rise around the country, so is buyer interest.
The problem for owners is that prices appear to be softening.
Brokers say buyers are often retirees looking for a second act, or laid-off executives looking for a busi
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Steve MacGill, CEO of Peersight Online, shares how you can tell if You Really Believe in the Future of Your Business.
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Being first doesn’t guarantee success. If anything, being first is fraught with more peril; since you don’t have anyone to copy or compare to. And, depending on how innovative your product offering, you might be too early for VCs to get it too, making raising money even harder. Often, when a space heats up, after the first few companies have gone
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From article: One of my vacation reads this year was "Famous Last Words" by Jonathan Green. This sometimes funny, frequently poignant compilation of deathbed quotations offers a glimpse at the characters of famous people as revealed by their final words.
Whatever words you may utter if your business collapses, the failure can often be traced
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A great article on why you should outsource some of your work and a little info on how to do it.
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Strategy and who needs it is explained in a post by Steve MacGill, CEO and Founder of PeerSight Online (www.peersightonline.com).
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We recently spoke with Paul Saffo, the technology forecaster best known for his associations with the The Institute for the Future (which he left earlier this year) and The Long Now Foundation, whose mission is to replace society's "faster/cheaper mindset" with "slower/better thinking." Saffo also teaches a course on the future of engineering
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Those who persist in viewing the world through competitive lenses are marginalizing themselves. Those who see through collaborative lenses are, paradoxically, those who will win—not those who set out to "win" by competing.
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