Tag Archives: Business Growth & Opportunities
Keep Pedaling When You Most Want to Coast
When cycling to the top of a big hill, it is tempting to coast down the other side. However, I have found that in business it is important to keep pedaling when you most feel like coasting. It is often those investments made in a… Continue reading
“Strategy Follows Structure” — John Bogle on Investment Funds
Investment Fund Structures “You are what you eat” is the common phrase about nutrition. With investing, I think a corollary should be “you are where & how you get your capital”. This is particularly true with any type of investment fund as John Bogle, the… Continue reading
To Increase Your Personal and Business Prosperity: Exchange More
A Business and Personal Prosperity Secret? What is the secret to creating value in the world for yourself and others? Exchange is the best and shortest answer I would give today. Exchange, or the act of giving one thing and receiving another in return, creates prosperity. … Continue reading
Business Strategy Plans Not Working? – Top Down vs Bottom-Up
Business Strategy Plans Business strategy, in my opinion, usually develops over time rather than being a master business strategy plan from the CEO. It is often tempting to think that we can devise a master business strategy plan and then focus on executing that strategy.… Continue reading
Business Growth Strategies – Early Revenue and Profits (even small) are Important
Business Growth Strategies In business growth strategies, two excellent thinkers about business growth suggest driving to revenue, profit, and customers quickly (even if small). These are ideas from Clayton Christensen of the Harvard Business School and author/consultant Ram Charan. In Christensen’s class at Harvard, he taught… Continue reading
Berkshire Meeting Week: Circle of Competence
Your “Circle of Competence” is the area that you understand well. For investors and business owners, it is wise to keep your business activities within your Circle of Competence. This should not be a limiting concept — once you focus on something, you begin to see more opportunities… Continue reading
Growing Your Business Without New Customers or New Products
This is a very basic, but effective, tool to brainstorm growth initiatives — just a simple reminder for us all. On one axis, put a list of all your products or services. On the other axis, put a list of all your customers. Then, fill-in the matrix for… Continue reading
Grow Your Business Faster with Singles and Doubles
To grow faster, I have found it is better to focus on growth initiatives that are singles and doubles — counter-intuitive but effective. Some people prefer to attempt the big, home-run initiatives. Large companies, in particular, can feel they need a growth initiative to provide… Continue reading
Make Business Variability Your Friend
Life, nature and business are variable. They rarely travel in straight lines. They are organic. They move up, down, and sideways often on timeframes that you cannot predict or control. Trying to control, manipulate and insulate yourself from these movements can be frustrating and usually… Continue reading
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