Warren Buffett famously invests in businesses that have what he calls a protective “moat” around them – one that inoculates them from competition and allows them to control their pricing. Big companies lock out their competitors by out-slugging them in capital infrastructure investments, but smaller businesses...
Why would two companies in the same industry, with the same financial performance, command vastly different valuations? The answer often comes down to how much each business is likely to grow in the future. The problem is that a lot of successful businesses reach a point where...
If you were to draw a picture that visually represents your role in your business, what would it look like? Are you at the top of a traditional Christmas-tree-like organizational chart, or are you stuck in the middle of your business, like a hub in...
Doctors in the developing world measure their progress not by the aggregate number of children who die in childbirth but by the infant mortality rate, a ratio of the number of births to deaths. Similarly, baseball’s leadoff batters measure their “on-base percentage” – the number of...
“Learn How To Get Your Website, Content, And Pages To The Top Of Google, Organically, For The Best Keywords In Your Niche And Target Areas, In 90-Days or Less, WITHOUT Doing Any Blogging, Social Media or Paid Ads, Ever Again!” - Marshall Adler, CEO of...
By Brian Hughes and Originally Posted on Small Business Trends 12/03/2018 Social media has exploded the ways that businesses can engage their target audience. Using visual images in your post, tweets, and shares increase views and sales. According to a report published by the Social Media...
Transparency is Key Author: Richard Trevino II and Originally Posted on Entrepreneur November 13, 2018 Your employees are your company’s most important resource, so you hire people who fit your company culture and are productive and efficient. However, at some point, your managers and/or your employees are...
In his new book, “Back to Human: How Great Leaders Create Connection in the Age of Isolation,” Dan Schawbel explores the need to tame the scourge of email. This Article Was Originally Posted on Fast Company - Enjoy the Insights! BY DAN SCHAWBEL 4 MINUTE READ Editor’s note: Dan Schawbel’s new...
By: Chris Savage and originally posted on AlleyWatch If you’ve read anything about entrepreneurship you’ve likely come across the quote, “If you want to go fast, go alone. If you want to go far, go together.” Managing a startup can often feel like you’re running –...
What is so special about “Baby Boomer” business owners? Well, there are a lot of them. It is estimated 52 percent of businesses are owned by people between 50 and 88 years of age. This equates to 9 million businesses in the United States. Put...