Disaster in the making?

Several organizations I belong to have bulletin boards where members can place ads or requests for help or information of one kind or another. This came through yesterday:
My sister-in-law wishes to open a neighborhood cafe/bistro. Since she’s never done this before, she’d like to talk to someone who has started one and would be willing to [...]

Avoid unnecessary distractions

Most people who start a new business are doing it for the first time. So they don’t have the firsthand experience of knowing what to do and what not to do during those critical first couple of months.
If you head off to the library or a bookstore or surf the Internet, for example, you’ll find [...]

Don’t bother running to the bank

Many new business owners feel like the first thing they need to do when they have an idea for their new business is to run off to the bank to obtain a line of credit.
This is one of those things that I discourage people from… especially that early in the process. The reason is that [...]

When business owners fail to hold themselves accountable

Business owners labor from one built-in handicap that’s difficult for them to avoid: Accountability!
The reason is that as the owner of your own business, you really aren’t accountable to anybody. Your business lives or dies based on your skill.
But day-by-day… it’s your kingdom! You’re the boss.
As a result, even if you have a clear plan [...]

Balancing life and business!

Too many business owners work long hours and sacrifice time for recreation, family, and friends. It takes an expensive toll and reduces the enjoyment of your business success.
These 3 little known ways to own a business and have a life are things you can do… steps you can take… to reach a balance in your [...]