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To build a new business, founders need a laser focus on providing an innovative solution to a real problem. Once they achieve that initial traction, their focus needs to change for quicker growth. Most business owners dream of achieving the exponential expansion of Google or Amazon, but few busines Read More

Every business owner and entrepreneur I know really believes that they can make a difference, yet so few actually do. I’ve long wondered what these few have that the rest of us are missing. After many years working and consulting with real business leaders, I’ve become convinced that the key is in Read More

If you are one of the many business professionals still trapped between jobs by circumstances outside your control, or are about to dump the loser job you have now, you should be actively defining and starting your own business, in parallel with looking for that ideal job. Let me explain why this Read More

I often hear the popular notion that successful businesses are built from a single heroic insight or a single innovation. This is just plain wrong. The business world is a symphony of players and elements that only works when everything interconnects harmoniously. Continuous innovation and continuo Read More

One of the business ironies that many new business owners have learned the hard way in the past is that ideas that are truly disruptive carry the highest risk of failure, take the longest to gain traction, and thus are the least likely to get external funding. Some entrepreneurs stick with incremen Read More

Many budding new business owners struggle mightily with that first step – out of their comfort zone and into the unknown. They keep asking people like me whether the time is right, and the truth is that there’s never an ideal time to start your own business. It’s like starting a personal relationsh Read More

If you think your business has weathered the storm, think again. In addition to obvious economic challenges, the emerging generation of customers is determined to radically change the rules for customer engagement. Their expectations of relationships and personalization are already taxing businesse Read More

Every business owner I know is short on key resources, including time, money, and relevant skills. The last thing they can afford is to waste any of these, but in my mentoring and coaching activities, I see it happening all too often. Waste in any business is any activity that burns resources, but Read More

In finance, a bubble is too much money chasing assets, greater asset production and a herd mentality. In new venture plans, a bubble is too many aspiring owners and too many investors chasing the latest “next big thing,” like Google search engine, Facebook social network, or Amazon e-commerce site. Read More

Every business team has blind spots that limit their effectiveness and success, and due to ego, over-confidence, or deferential subordinates, many live totally in the dark. Some leaders are smart and humble enough to assume that they don't know what they don't know but lack an effective process for Read More