Feb 23, 2021 | Articles, Sean Answers
What are the key areas I need to invest in when starting a small business? Sales, sales, sales which typically means more marketing, marketing, marketing. In all seriousness when you are in the startup phase you focus on attracting and selling customers. Yes, you do...
Feb 23, 2021 | Articles, Sean Answers
How do you support your partner’s business idea when you don’t believe in it? You don’t blindly support a bad idea you improve their idea with feedback and critical analysis. I have ideas all the time that I think are brilliant and then my business partners poke holes...
Feb 23, 2021 | Articles, Sean Answers
What steps must a business or person take to solve business – related problems? How to Solve Big Business Problems Know for sure what the problem is Know what the potential fallout/ collateral damage could be What are all your options? Who can you get good...
Feb 23, 2021 | Articles, Sean Answers
What is a ‘lean entrepreneur’? You start with very little enough to get it going and nothing else and bootstrap to grow your business which means you reinvest your profits back into the business without bringing on outside...
Feb 19, 2021 | Articles, Sean Answers
What are the advantages of subcontracting to a business? You do not have ongoing labor expenses. You pay as you have a need and subcontract that need out. There are pros and cons of both. If it is a sporadic or temporary need subcontractors are great. I have found...
Feb 19, 2021 | Articles, Sean Answers
Why is forecasting needed for business planning? Forecasting is what you hope and wish will happen in regards to revenue/cash flow but it nothing more than a wish in regards to a startup. I have never had a company do what I projected good or bad. Some were more and...