The Blog
The 5 Big Mistakes Great Companies Make
What mistakes do successful businessmen often make? The 5 Big Mistakes Great Companies Make The vision becomes stale (fails to motivate) Culture gets secure and lazy (assumes survival) Neglects young companies that will become formidable (Blockbuster vs. Netflix)...
Logos Vs. Business Cards
What is logo and business card marketing? Logo and business cards are generally considered the visual identity of your brand. This is your logo, the font in your name that all goes on your business card. It is what a customer visually associates with your...
Do Wealthy People Make Personal Loans?
Are there really wealthy people that will do personal loans? Of course but is based on Do they trust you will pay it back? Is there collateral? What is the interest rate you are paying them? How long until you pay it back? In short, it needs to be worth it to them and...
8 Things to Consider When Choosing a Location
What are the major factors affecting location decisions? 8 THINGS TO CONSIDER WHEN CHOOSING A LOCATION Competition (Is it shark-infested water with too much competition?) Cost to operate (rent, manufacturing costs, etc.) Target Customers (they need to be in abundance)...
The Difference Between a Customer and a Supplier
What is the difference between a customer and a supplier? A customer buys from you and a supplier you are their customer as they provide for you.
How Walmart Differentiates Itself
How did Walmart differentiate itself as a retailer? Massive store size and selection at lower prices in smaller cities were the original big 3 of how it differentiated itself from the flock.
Insurance Coverage Nearly Every Business Should Have
What is the importance of insurance in a business? Insurance if our protection (picture a wall or bodyguard) from events that can put you out of business. Insurance protects against large unforeseen expenses you are probably not able to pay yourself. Insurance...
Two Ways to Increase Margin
Is it better to increase the price by 1 percent or increase the customer base by 1%? Both! You should always be trying to create more margin as well as growing your customer base.
Customer Service Doctrine
What happens if customers are not satisfied? CUSTOMER SERVICE DOCTRINE Find out why they are unsatisfied and how it can be corrected and make it right as fast as possible and a simple apology goes a long way. Make sure you don’t have a systemic customer service...
How to Make Great Business Decisions Every Time
How do I make effective decisions in a business? How to MAKE GREAT BUSINESS DECISIONS EVERY TIME Accept from the beginning you will make the best decision possible and quickly, as this is often where many get stuck, based on the information you have at the time. I...
3 Skills All Great Leaders Have
What is the most important skill of a leader? There is no one skill that makes a leader it is a combination of skills that makes a great leader. 3 SKILLS GREAT LEADERS ALL HAVE A great leader attracts great talent because of their leadership, past accomplishments,...
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