Does this sound familiar, “I don’t have the money to hire an administrative assistant (or insert other service provider here such as PR expert, advertising agency, etc.)” It is the trap of the small business owner. You are so busy doing the work in your business that you are not working on your business. The [...]

Join me tomorrow, October 21st (Wednesday) at 2 p.m. PST as I join my friend Dave Lindbeck on this radio show to discuss business plans. Listen here: Talk About Success.

About nine months ago I created a Mastermind group. Even though I have a business coach, I wanted to be held accountable by someone in addition to my coach – it is too easy to tell one person you did not reach your goal, but harder to tell two or more people the same! Also, [...]

Whether in your business or personal life, I’m assuming you have all thought about creating a budget at one point. Many people set limits on how much money they will spend each month on eating out, entertainment, etc. Businesses are doing a lot of this too. A friend of mine recently shared with me that [...]

Are you an entrepreneur or do you prefer to be an employee? Not everyone has the traits to be an entrepreneur and some folks don’t make good employees. In college a few of my friends had the idea that someday they would own their own business. I didn’t think I was the entrepreneur type. It [...]

More new businesses are started in periods of recessions than in strong economic markets. This makes logical sense because people who have been laid off search for other avenues to earn money to support their families. Every entrepreneur is driven by something different and they have a varied skill sets. There is no one “right” [...]

When I started my business in 2003 I didn’t have a sales plan. Instead, I created a financial pro forma that I used as my main road map. While my financial projections provided some guidance it didn’t give enough direction as to what action items I should be taking on a daily, weekly, or monthly [...]

For the past six years I’ve taught at the Keller Graduate School of Management. I teach the Financial Accounting class at least 2-3 times per year. Initially I created the curriculum and continued to use that template for each class. The text book was recently updated, so I re-evaluated my entire curriculum. The result, higher [...]