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Some popular video games come with an enforced time out. Finding the pause button on your business can be beneficial for the company and you and helps put things into perspective. Will the task of the moment really make much of a difference in the long run? Maybe you need a business time out. Read More

In a small business, one large customer or vendor can change the future of your company. The Los Angeles Clippers are a prime example of what can happen when you build your business based on a single relationship with someone bigger than you. Read More

What would the small business landscape look like if over one million small businesses disappeared? Well, get ready because it’s about to happen. The tsunami of retiring entrepreneurs is approaching, and nothing can stop it. Read More

New words frequently combine two with similar meanings, but glubricant is a combination of opposites whose meaning is immediately clear. Managing people effectively means getting them to work together. Sometimes that takes glue, and sometimes it takes lubricant. Knowing which role to assume is key. Read More

Small businesses are a great place to learn, but sometimes the willingness to learn just isn't enough. Sometimes an employee just isn't capable of growing with your company and it may be time to make a hard decision. Read More

The principle function of leadership is making decisions. Whether you own a business or direct the work of others, your employees come to you with issues they can’t solve themselves. There are two types of decisions. Some of those should be made by others, but some can only be made by you. Read More

For an owner, adding extra hands to your working capacity is a powerful force for improving your company yet many refuse to hire an assistant. An assistant’s purpose is to free your time to do the more important things that no one else can handle. Your principle responsibility is to produce profit. Read More

If you have a spouse or significant other working in your business, you share a bond in building the company. Even if he or she isn’t directly involved, however, you still share in the challenges of ownership. Make sure you acknowledge their sacrifices too and say “Thanks” on a regular basis. Read More

Small business owners thrive by reacting instantly to changes in their markets. If the warm winds of increasing activity are reaching your company, it is time to develop a plan to increase your profitability. Read More

Millennials may be entrepreneurial in numbers not seen since the Boomers, but it is different entrepreneurship. Boomers built service oriented businesses that focused on a tangible product. The Millennials are building businesses utilizing technology where they sell skills to manage information. Read More