Businesses never make money by saving money. Instead of trying to save money in your business, you must invest your money in such a way that it earns a return for your business. Instead of cutting costs, watch this short video and inspire yourself to start thinking about where you should be investing your resources.
Tag: Money
Grow Business Profit Before You Chase Sales
Pick up a copy of Inc. or Fast Company, and you will be amazed by how many entrepreneurs are bent on selling themselves straight into bankruptcy. It costs a lot of money to grow sales, especially if you’re focused on the wrong things, like making Inc.’s list of the 5000 fastest growing businesses in the … Continue reading “Grow Business Profit Before You Chase Sales”
Why the Business Growth Rate is Overrated
Many entrepreneurs are highly competitive. They want to measure their progress and compare themselves to others. But what’s the most overrated number when it comes to business growth? Find out by watching this short video. More important, learn what you should be measuring instead.
Business Partners and Monsters
Entrepreneurs, especially new ones, often think that getting a partner who shares their vision and energy is the fastest way to grow a business. Unfortunately, they’re most often wrong. It’s not because business partnerships can’t succeed. They can. However, partnerships that fail do so because they are set up to fail from the very beginning. … Continue reading “Business Partners and Monsters”
How to Measure Business Performance
How do you measure business performance? Seems like a simple enough question, right? Yet you may be shocked to learn how many small business owners aren’t tracking critical numbers. (Or maybe you won’t be shocked? Maybe you’re one of them?) In this brief video I’ll present some of the best yardsticks for gauging your business … Continue reading “How to Measure Business Performance”
