Constant marketplace changes are often difficult to manage. When business owners’ heads are buried in day-to-day pursuits, they tend to miss trends and market clues. As a result, the unexpected can take business owners out of their game. A proactive business owner remains relevant, competitive, and able to see opportunities in turbulent times. Concurrent reflection and research can…[Read more]
What will propel you to step out of your business comfort areas? You will need to be bold, strategic, and optimistic. As you create your business roadmap, here are three key concepts that can help you to lay the foundation for a transformative year defined by growth, achievement, and personal satisfaction.
Last summer, I visited a client who runs a NJ-based engineering and manufacturing firm. He knows I’m a foodie, so he shared photos from his company’s Independence Day office party. Picture after picture showed Greek, Indian, Jamaican, Puerto Rican, Italian, and Japanese dishes – all homemade by the employees. He commented that in the past…[Read more]
Investors and investment management firms should place the same value on behaviors as they do on results. A company’s culture is its brand. As Brian Chesky, CEO of Airbnb explained, a company’s culture is the foundation for future innovation. An entrepreneur’s job is to build that foundation. Although entrepreneurs are busy applying for capital, handling rapid growth, and taking…[Read more]
Identifying business opportunities has become increasingly challenging. Today, there are constant shifts in marketing, as well as consumer tastes and preferences. Vertical integrations are occurring among large businesses. Consider Amazon, for example. As business owners, we can choose to stand still and be a result of change, or we can choose to ignite our…[Read more]