The Wrong Way to Start a Business

Based on true stories (names changed to protect the guilty)…
Helen: James, great to see you again!
James: Helen, it’s been a long time! What have you been up to?
Helen: Oh, lots of things! But the biggest news is that I’m working on a potential large-scale project with a software development company. They’re having trouble with employee… Full Story >>>
Practical Entrepreneurship, Part 3

Over the past couple of weeks, I’ve written about the practical skills that any entrepreneur needs to develop, acquire, or hire into their business. Practical Entrepreneurship, Part 1 and Practical Entrepreneurship, Part 2. I wrote about the first six, which are listed below, and provided recommended resources. I’ve since refined that list and added one more:… Full Story >>>
Keeping Your Business in the Black on Black Friday

From today until the new year, will be inundated with sales and special offers from retailers. It’s very easy to get caught up in the excitement of all the different deals.
When it comes to your business, it can be easy to rationalize purchases that you have either deferred or, perhaps, not even considered before. The… Full Story >>>
Practical Entrepreneurship, Part 2

Last week, I wrote about what I think are practical skills that any entrepreneur needs to develop, acquire, or hire into their business. I wrote about the first four, which are listed below in Practical Entrepreneurship, Part 1, and provided recommended resources. I’ve since refined that list and added one more: Turnkey Systemization.
1. Time and… Full Story >>>
Practical Entrepreneurship, Part 1

As the job market has shriveled up, more people have become “unplanned entrepreneurs.” You may be one of them. I think this is a good thing. And also a bad thing.
The good thing is that people aren’t waiting around for our governments to provide solutions to problems that are multifactorial and complex in nature. Personally,… Full Story >>>
Do You Think You Can Change When Change Matters Most?

As we get closer to the end of the year and you’re looking forward to your new year’s goals for your business, ask yourself this question: How is your business working for you?
Like most of us, there are things you like and things you don’t like. There are things you wanted to accomplish –… Full Story >>>
The Exponential Bottom Line: Is It Time to Upgrade Your Business Measures of Success?

When I operated on a patient as a surgeon, I couldn’t just deal with the various anatomical and physiologic systems as if they were magically isolated. Indeed, the health of the underlying vascular system dictated where I could make surgical incisions in the skin and where and how far I could rotate skin, fat, and… Full Story >>>
Dreams and Imagination: A Call to Action for Entrepreneurs

Dreams and Imagination.
Looking beyond what’s before your eyes.
We can’t do without the help of each others’ dreams and imagination.
– from the theme song of Instinct: A Musical Call to Action
In 2008, the students and staff of the Lovewell Institute for the Creative Arts conceived of, wrote, and composed a musical called… Full Story >>>
Why the Typical Marketing Funnel Is a Bad Way to Grow Your Business: The Case for High-End Clients

You’re probably already familiar with the diagram of the typical marketing funnel: You start by offering freebies to everyone in your audience, “freemiums” they are sometimes called.
Next, you offer low-priced products and services. After that, you offer medium-priced products and services.
Then after that, you offer still higher-priced products and services. Once you reach the tip… Full Story >>>
Playing a Bigger Game: What Does It Mean to You?

A lot of people talk about playing a bigger game. Few understand what it takes to play. Even fewer actually take on playing the bigger game.
What does it mean to you to play a bigger game in your life? There’s no right or wrong answer here, because everyone is going to have a different definition… Full Story >>>